GHCL Limited

NSE: GHCL · Unclassified

₹417.10-0.62%06 Nov 2026

Ask the data

Instant answers about GHCL Limited — computed from its filings, no language model

Market cap₹3,834 cr

Current price₹417.10

High / Low₹646 / ₹376

P/E8.1

P/B1.08

Book value₹386.4

ROE13.3%

ROCE18.0%

Debt / equity0.02

Dividend yield2.99%

EPS (TTM)₹51.39

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3,305	2,900	3,778	4,545	3,447	3,183	3,064
EBITDA	728	636	979	1,481	847	876	689
Operating margin	22.0%	21.9%	25.9%	32.6%	24.6%	27.5%	22.5%
Interest	120	91	64	39	25	16	9
Depreciation	131	133	117	94	102	112	111
Profit before tax	495	439	811	1,463	991	836	642
Tax	98	112	212	348	198	212	170
Net profit	397	326	598	1,142	794	624	472
EPS ₹	40.50	34.32	67.89	120.06	166.86	65.50	50.17
Operating cash flow	—	—	643	856	797	638	687
Capex	—	—	0	358	107	315	264
Dividend paid	—	—	52	143	166	114	115
Total assets	—	—	—	5,133	3,770	4,185	4,300
Equity	—	—	—	3,956	2,978	3,489	3,552

Quarterly performance

last 27 quarters · ₹ crore

showing latest 8 of 27 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26
Revenue	836	840	750	452	807	815	826	854	983	1,005	1,273	1,365	1,381	1,282	1,119	1,017	805	797	823	830	793	779	781	796	721	757	791
Operating profit	194	174	156	76	159	206	195	186	193	249	403	423	434	368	348	298	213	149	184	217	211	230	218	197	157	159	176
Operating margin	23.2%	20.7%	20.8%	16.8%	19.8%	25.3%	23.6%	21.7%	19.6%	24.8%	31.7%	31.0%	31.4%	28.7%	31.1%	29.3%	26.5%	18.7%	22.4%	26.1%	26.6%	29.5%	27.9%	24.8%	21.8%	21.0%	22.2%
Other income	4	9	1	4	10	6	7	5	10	2	6	6	8	8	22	12	11	16	17	18	17	29	23	27	17	16	14
Interest	30	26	34	28	24	20	19	17	17	15	18	12	11	11	10	8	7	6	5	4	4	4	4	2	2	3	2
Depreciation	32	33	35	33	33	34	33	34	35	30	29	30	32	32	27	24	26	26	26	27	28	28	28	27	28	29	27
Profit before tax	137	115	88	19	112	157	150	140	150	206	362	451	400	333	334	497	191	133	170	203	196	227	209	195	145	143	160
Tax	20	18	3	6	28	39	39	37	40	53	94	101	99	85	83	71	49	33	45	53	42	59	59	50	38	37	44
Net profit	117	97	85	13	84	118	111	103	110	153	267	350	293	251	227	426	143	100	125	151	155	168	150	144	107	106	116
EPS ₹	11.91	9.87	8.67	1.36	8.89	12.37	11.70	10.80	11.55	17.11	28.48	37.23	30.63	26.23	24.28	44.82	15.02	10.50	26.24	15.81	16.28	17.70	15.72	15.10	11.16	11.26	12.28
Revenue YoY	—	—	—	—	-3.5%	-3.0%	10.2%	88.9%	21.8%	23.3%	54.1%	59.8%	40.6%	27.6%	-12.1%	-25.5%	-41.7%	-37.8%	-26.4%	-18.3%	-1.6%	-2.3%	-5.1%	-4.2%	-9.0%	-2.8%	1.2%
Profit YoY	—	—	—	—	-27.7%	21.3%	31.0%	692.4%	30.2%	30.1%	140.5%	241.6%	166.1%	63.8%	-15.3%	21.6%	-51.2%	-60.1%	-44.9%	-64.7%	8.4%	68.7%	20.4%	-4.3%	-31.1%	-37.1%	-23.0%

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

GHCL Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,231	1,216	1,498	1,897	2,125	2,226	2,375	2,559	2,974	2,962	3,371
Operating profit	306	298	339	387	481	456	527	630	716	619	769
Operating margin	24.8%	24.6%	22.6%	20.4%	22.6%	20.5%	22.2%	24.6%	24.1%	20.9%	22.8%
Other income	7	6	8	10	3	5	10	4	8	30	14
Interest	90	80	111	185	158	171	164	162	134	124	126
Depreciation	69	76	84	81	82	82	84	82	86	110	115
Profit before tax	128	128	156	119	140	150	258	378	502	415	541
Tax	22	-13	39	-1	25	35	74	121	115	51	180
Net profit	106	141	117	120	115	116	184	258	387	364	361

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	230	299	305	299	336	283	313	288	290	290	347	341	336	374	447	405	465	478	549	551	546	488	540	508	572	548	599	560	592	582	641	587	657	665	650	731	703	661	879	801	714	718	729	755	835	870	911	876
Operating profit	44	62	62	81	73	67	84	85	58	65	90	97	63	70	108	102	62	84	138	142	111	104	124	126	108	102	121	132	116	122	157	151	150	154	175	193	179	161	183	164	136	138	181	150	175	206	238	218
Operating margin	18.9%	20.9%	20.3%	27.0%	21.9%	23.6%	27.0%	29.6%	20.0%	22.5%	25.9%	28.4%	18.8%	18.8%	24.2%	25.3%	13.3%	17.5%	25.2%	25.7%	20.3%	21.3%	23.0%	24.8%	18.8%	18.6%	20.1%	23.6%	19.6%	21.0%	24.4%	25.7%	22.8%	23.2%	26.9%	26.5%	25.4%	24.4%	20.8%	20.5%	19.0%	19.2%	24.8%	19.9%	21.0%	23.6%	26.1%	24.9%
Other income	13	4	9	4	1	1	1	1	1	1	2	4	1	2	2	1	4	1	4	1	0	0	2	1	2	0	2	2	1	3	3	1	0	1	2	3	2	2	2	3	3	20	4	2	4	5	3	4
Interest	13	13	14	18	20	24	29	21	20	21	18	30	27	27	27	35	34	39	77	46	45	36	31	46	47	38	39	42	42	44	36	43	43	37	38	35	33	32	34	31	35	28	31	34	34	27	31	30
Depreciation	16	17	17	17	17	17	18	19	19	19	20	20	20	22	22	20	20	20	20	20	21	21	20	20	21	21	20	19	19	19	27	20	20	20	21	21	22	22	21	25	25	25	34	27	29	29	30	31
Profit before tax	28	35	47	50	28	17	33	43	13	22	50	43	24	25	64	54	12	8	44	33	21	27	60	37	32	38	44	74	51	61	72	75	87	100	116	140	122	109	130	111	79	105	120	91	115	154	181	161
Tax	3	4	33	12	2	0	8	7	-7	0	-13	0	1	0	38	6	0	-2	-5	3	4	10	7	9	9	11	6	14	20	19	21	14	36	34	37	38	32	29	17	-47	26	34	38	29	37	52	62	57
Net profit	25	31	13	38	26	16	25	36	20	22	63	43	23	25	26	48	12	10	49	29	16	17	53	28	23	27	38	61	31	42	51	61	51	66	79	103	90	81	113	158	53	71	82	62	78	102	119	103
EPS ₹	2.55	3.12	1.35	3.82	2.71	1.66	2.59	3.63	2.04	2.28	6.30	4.31	2.26	2.58	2.65	4.76	1.25	1.09	4.94	2.94	1.63	1.66	5.27	2.79	2.25	2.64	3.83	6.07	3.07	4.30	5.11	6.13	5.12	6.63	7.89	10.31	9.03	8.06	11.43	16.00	5.45	7.29	8.41	6.31	8.02	10.47	12.11	10.55
Revenue YoY	—	—	—	—	45.9%	-5.3%	2.5%	-3.8%	-13.6%	2.6%	10.9%	18.4%	15.9%	28.8%	28.7%	18.9%	38.2%	27.8%	22.8%	35.8%	17.5%	2.2%	-1.6%	-7.8%	4.8%	12.2%	10.8%	10.4%	3.5%	6.2%	7.1%	4.7%	10.9%	14.3%	1.5%	24.5%	7.1%	-0.7%	35.2%	9.6%	1.6%	8.7%	-17.1%	-5.8%	17.0%	21.2%	25.1%	16.1%
Profit YoY	—	—	—	—	2.7%	-47.9%	87.7%	-6.0%	-23.2%	38.2%	148.9%	20.1%	14.8%	11.9%	-59.1%	10.6%	-46.4%	-58.9%	92.0%	-38.6%	33.1%	60.4%	6.8%	-4.8%	37.4%	63.1%	-27.4%	117.7%	36.1%	55.2%	33.5%	1.1%	66.8%	58.3%	54.5%	67.7%	76.4%	21.5%	43.2%	53.5%	-40.9%	-11.6%	-27.4%	-61.0%	47.1%	44.0%	44.3%	68.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 24 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26
ROE	—	—	—	—	—	—	—	—	—	29.6%	32.3%	28.3%	30.2%	38.1%	32.6%	26.7%	17.4%	16.7%	18.9%	17.9%	17.7%	15.7%	13.9%	13.3%
ROCE	—	—	—	—	—	—	—	—	—	36.0%	39.0%	36.3%	37.3%	46.1%	39.3%	32.1%	22.7%	21.7%	24.4%	23.8%	23.5%	21.2%	18.9%	18.0%
Net margin	10.8%	9.8%	10.6%	11.2%	12.6%	12.7%	13.0%	15.4%	19.0%	21.2%	21.9%	21.8%	24.9%	24.8%	24.0%	23.1%	15.9%	16.3%	18.6%	19.6%	19.6%	18.5%	16.6%	15.4%
EBITDA margin	20.9%	19.8%	21.2%	21.9%	22.6%	22.4%	22.4%	25.0%	27.4%	30.0%	30.7%	30.6%	30.2%	29.1%	27.0%	24.5%	23.5%	23.5%	26.1%	27.5%	27.2%	26.1%	23.9%	22.5%
Debt / equity	—	—	—	—	—	—	—	—	—	0.14	0.14	0.09	0.09	0.10	0.10	0.07	0.07	0.05	0.05	0.03	0.03	0.02	0.02	0.02
Interest coverage	4.04	3.98	4.54	5.81	8.05	9.20	10.56	13.81	19.80	26.45	30.73	35.49	40.18	38.43	37.97	38.57	31.42	35.91	46.81	52.87	59.22	65.20	62.64	72.29
Asset turnover	—	—	—	—	—	—	—	—	—	1.04	1.10	1.00	0.93	1.18	1.05	0.91	0.86	0.83	0.83	0.76	0.75	0.72	0.72	0.71

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	96	96	96	96	96	96	96	92
Other equity / reserves	3,502	3,860	2,652	2,883	3,078	3,393	3,540	3,460
Total equity	3,598	3,956	2,747	2,978	3,173	3,489	3,636	3,552
Borrowings	496	348	268	197	156	98	76	62
Current liabilities	588	415	384	414	381	368	320	438
Non-current liabilities	623	504	433	377	338	328	317	309
Total assets	4,810	5,133	3,565	3,770	3,893	4,185	4,272	4,300
Property, plant & equipment	2,516	1,719	1,784	1,810	1,828	1,807	1,808	1,788
Capital work-in-progress	273	109	42	55	105	256	370	450
Investments	181	380	481	420	572	651	831	1,042
Inventories	1,094	772	749	651	484	626	556	597
Receivables	356	218	182	180	196	210	182	173
Cash & equivalents	91	123	8	49	56	99	57	44

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	643	856	797	638	687
Cash from investing	-337	-403	-534	-358	-291
Cash from financing	-98	-536	-338	-230	-451
Capex	0	358	107	315	264
Free cash flow	643	499	691	323	424
Dividends paid	52	143	166	114	115

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹1,788 cr42%

CWIP

₹450 cr10%

Investments

₹1,042 cr24%

Inventories

₹597 cr14%

Receivables

₹173 cr4%

Cash & equivalents

₹44 cr1%

Other assets

₹207 cr5%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
GHCL Limited	3,834	417.10	8.1	1.08	13.3%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+4.6%

6 months-20.9%

1 year-35.6%

3Y CAGR-9.7%

5Y CAGR-0.3%

10Y CAGR+5.1%

50-day avg₹409.58

200-day avg₹452.62

RSI (14)63

FAQs

What is the share price of GHCL Limited?

GHCL Limited (GHCL) closed at ₹417.10 on NSE on 06 Nov 2026.

What is the market cap of GHCL Limited?

₹3,834 crore at the latest close.

What is the P/E ratio of GHCL Limited?

8.1, on trailing-twelve-month earnings from its filings.

How fast is GHCL Limited growing?

GHCL Limited: revenue has compounded at -12.3% a year over three years; net profit at -25.5% a year. Latest-quarter revenue is up 1.2% year on year, profit down 23.0%.

How profitable is GHCL Limited?

On a trailing-twelve-month basis return on equity is 13.3%, return on capital employed 18.0%, operating margin 22.5%, net margin 15.4%.

How much debt does GHCL Limited have?

GHCL Limited is debt-free: debt to equity is 0.02 with borrowings of ₹62 cr against cash of ₹44 cr (balance sheet of 2026-03-31). Operating profit covers interest 72.3 times.

Financials parsed from GHCL Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.