Gujarat State Fertilizers & Chemicals Ltd (GSFC) — shareholding pattern, promoter holding, financials and share price
About Gujarat State Fertilizers & Chemicals Ltd (GSFC)
Gujarat State Fertilizers & Chemicals Ltd operates in the Fertilizers industry, within the Chemicals sector. It trades on the NSE as GSFC and on the BSE under scrip code 500690. Its ISIN is INE026A01025.
Incorporated in 1962, Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. It is engaged in manufacturing of various fertilizers and industrial products like plastics & synthetic rubbers and man-made fibres [1]
Gujarat State Fertilizers & Chemicals Limited (GSFC) is an integrated fertilizers and industrial chemicals manufacturer operating multi-product complexes at Vadodara and Sikka, producing urea, APS, ammonium sulphate, DAP, caprolactam, melamine, HX Crystal and Nylon‑6 film grade products with significant backward integration and a 37.84% promoter stake held by the Government of Gujarat.
Q3 FY26 operating momentum was healthy: standalone sales rose 5% year‑on‑year, PBT increased 18% and PAT grew 32%, while nine‑month operating revenue reached Rs. 8,206 crore with EPS of Rs.15.49; production was the highest in five years with manufactured volumes of roughly 5.06 LMT in the quarter.
Listed peers in Fertilizers: Rashtriya Chemicals & Fertilizers Ltd, Madhya Bharat Agro Products Ltd, Krishana Phoschem Ltd, Mangalore Chemicals & Fertilizers Ltd, National Fertilizer Ltd, Kothari Industrial Corporation Ltd.
Valuation & Returns
10 Jul 2026At ₹160.9 a share on 10 Jul 2026, Gujarat State Fertilizers & Chemicals Ltd (GSFC) was valued at a price-to-earnings ratio of 9.53x against an industry P/E of 22.12x and a price-to-book of 0.53x on a book value of ₹304.62 per share as of Mar 2025. Solomo computes return on equity of 5.54% and return on capital employed of 7.21% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 9.53x
- Industry P/E
- 22.12x
- P/B
- 0.53x
- EPS (TTM)
- ₹16.89
- Book value / share
- ₹304.62
- ROE
- 5.54%
- ROCE
- 7.21%
- ROA
- 4.68%
- Debt / equity
- 0x
- Dividend yield
- 3.11%
- EBITDA margin
- 9.85%
- 52-week range
- ₹138.8 – ₹220.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Gujarat State Fertilizers & Chemicals Ltd (GSFC) reported revenue of ₹10,946 crore, net profit of ₹673 crore and earnings per share of ₹16.88. That compares with revenue of ₹9,534 crore and net profit of ₹591 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,633 crore and net profit ₹52 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 9,085 | 11,369 | 9,155 | 9,534 | 10,946 |
| Net profit (₹ cr) | 899 | 1,266 | 564 | 591 | 673 |
| EPS (₹) | 22.55 | 31.77 | 14.16 | 14.83 | 16.88 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.53% | 4.35% | 1.57% | 4.14% |
| Profit growth | 3.81% | 42.17% | -13.67% | 4.86% |
| Stock price CAGR | 8% | 7% | -2% | -22% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 37.84% of Gujarat State Fertilizers & Chemicals Ltd (GSFC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 12.36% and domestic institutional investors (DII) hold 7.33%. Market capitalisation was ₹6,412 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: QUANT MUTUAL FUND - QUANT SMALL CAP FUND 3.43%, Gujarat Alkalies And Chemicals Limited 1.88%, Gujarat Narmada Valley Fertilizers Company Limited 1.88%, ICICI PRUDENTIAL SMALL CAP FUND 1.67%, HUF 1.44%, Gujarat Mineral Development Corporation Ltd 1.25%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 37.84% | - | 12.36% | 7.33% | 62.16% |
| Mar 2026 | 37.84% | - | 12.35% | 7.31% | 62.16% |
| Dec 2025 | 37.84% | - | 11.91% | 7.28% | 62.16% |
| Sep 2025 | 37.84% | - | 12.29% | 7.82% | 62.16% |
| Jun 2025 | 37.84% | - | 11.65% | 7.34% | 62.16% |
| Mar 2025 | 37.84% | - | 11.83% | 7.47% | 62.16% |
| Dec 2024 | 37.84% | - | 11.81% | 6.06% | 62.16% |
| Sep 2024 | 37.84% | - | 12.59% | 5.89% | 62.16% |