Gujarat Narmada Valley Fertilizers and Chemicals Limited

NSE: GNFC · Chemicals

₹451.80-1.87%06 Nov 2026

Ask the data

Instant answers about Gujarat Narmada Valley Fertilizers and Chemicals Limited — computed from its filings, no language model

Market cap₹6,641 cr

Current price₹451.80

High / Low₹630 / ₹366

P/E44.3

P/B0.71

Book value₹634.6

ROE1.6%

ROCE14.8%

Debt / equity0.01

Dividend yield3.91%

EPS (TTM)₹10.20

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	5,162	5,129	8,642	10,227	7,930	7,892	7,773
EBITDA	542	1,003	2,384	1,879	503	615	879
Operating margin	10.5%	19.6%	27.6%	18.4%	6.3%	7.8%	11.3%
Interest	5	20	3	5	13	23	6
Depreciation	264	272	292	303	308	303	307
Profit before tax	425	948	2,298	1,932	651	790	1,065
Tax	-74	259	594	468	166	205	268
Net profit	0	697	0	0	0	0	0
EPS ₹	32.69	44.84	110.05	94.97	32.48	40.61	54.97
Operating cash flow	—	—	1,967	1,373	32	606	654
Capex	—	—	138	173	251	453	546
Dividend paid	—	—	123	153	461	238	260
Total assets	—	—	—	11,696	10,672	11,003	11,359
Equity	—	—	—	9,105	8,309	8,575	9,115

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 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	JUN '26	SEP '26
Revenue	1,332	1,278	1,342	700	1,187	1,508	1,733	1,394	2,096	2,380	2,772	2,696	2,587	2,673	2,271	1,652	2,080	2,088	2,110	2,021	1,917	1,899	2,055	1,601	1,968	1,996	2,208	2,238	2,773
Operating profit	116	167	163	-24	194	363	470	393	431	674	886	762	309	438	369	105	169	84	145	153	90	132	240	31	185	181	482	393	197
Operating margin	8.7%	13.1%	12.1%	-3.5%	16.4%	24.1%	27.1%	28.2%	20.6%	28.3%	32.0%	28.3%	11.9%	16.4%	16.2%	6.4%	8.1%	4.0%	6.9%	7.6%	4.7%	7.0%	11.7%	1.9%	9.4%	9.1%	21.8%	17.6%	7.1%
Other income	39	35	42	104	39	45	49	43	58	48	61	76	85	77	123	88	152	121	108	99	123	157	122	150	127	97	125	101	128
Interest	1	1	2	12	6	1	1	1	1	1	1	2	1	1	1	1	1	7	4	17	2	3	1	2	1	1	2	2	1
Depreciation	67	67	66	66	68	70	68	70	71	77	74	76	77	76	74	76	78	76	78	78	76	75	74	74	81	73	79	76	83
Profit before tax	88	134	137	2	159	337	450	366	417	644	871	761	316	438	417	116	242	122	171	157	135	211	287	105	230	204	526	416	241
Tax	6	22	-102	0	21	97	141	126	135	106	228	192	79	114	83	31	64	27	44	42	33	53	77	27	53	54	134	106	56
Net profit	0	0	0	3	141	243	311	242	0	0	0	0	0	0	0	0	0	0	0	0	0	163	0	83	179	150	0	0	0
EPS ₹	5.47	7.30	15.44	0.19	9.06	15.61	19.98	15.56	18.31	34.79	41.38	36.77	15.35	21.03	21.68	5.68	11.74	6.30	8.84	8.03	7.14	11.09	14.35	5.65	12.18	10.20	26.94	21.22	13.20
Revenue YoY	—	—	—	—	-10.9%	18.0%	29.1%	99.1%	76.5%	57.8%	59.9%	93.4%	23.4%	12.3%	-18.1%	-38.7%	-19.6%	-21.9%	-7.1%	22.3%	-7.8%	-9.1%	-2.6%	-20.8%	2.7%	5.1%	7.4%	39.8%	40.9%
Profit YoY	—	—	—	—	—	—	—	8041.4%	-100.0%	-100.0%	-100.0%	-100.0%	—	—	—	—	—	—	—	—	—	—	—	—	—	-8.0%	—	-100.0%	-100.0%

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

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

Gujarat Narmada Valley Fertilizers and Chemicals 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	2,920	2,614	2,846	3,862	4,253	4,847	4,642	4,548	4,959	5,917	5,896
Operating profit	435	274	377	549	593	616	312	548	667	1,396	868
Operating margin	14.9%	10.5%	13.3%	14.2%	14.0%	12.7%	6.7%	12.1%	13.5%	23.6%	14.7%
Other income	59	86	144	30	40	45	49	113	210	137	221
Interest	20	23	18	32	63	92	274	246	203	100	6
Depreciation	120	117	121	131	149	145	209	189	251	270	263
Profit before tax	354	220	381	417	422	424	-452	226	715	1,162	819
Tax	126	96	115	134	149	132	0	0	194	372	78
Net profit	228	124	267	284	273	292	-452	226	521	790	741

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	1,141	832	887	538	868	986	529	576	766	766	507	368	802	834	842	644	1,021	1,043	1,154	871	1,166	1,119	1,097	959	1,195	1,368	1,325	1,013	1,294	1,142	1,193	987	1,152	1,101	1,308	963	1,462	1,221	1,314	1,055	1,507	1,591	1,764	1,605	1,641	1,219	1,431	1,210
Operating profit	188	211	105	47	149	184	55	81	134	115	-56	-17	115	154	125	93	148	157	152	87	145	193	169	84	151	201	181	53	72	65	123	87	146	149	166	164	272	203	28	177	319	428	471	312	372	80	105	96
Operating margin	16.5%	25.4%	11.8%	8.7%	17.2%	18.7%	10.4%	14.0%	17.5%	15.0%	-11.1%	-4.7%	14.4%	18.5%	14.9%	14.4%	14.5%	15.1%	13.1%	10.0%	12.5%	17.2%	15.4%	8.7%	12.6%	14.7%	13.7%	5.2%	5.6%	5.7%	10.3%	8.8%	12.7%	13.6%	12.7%	17.0%	18.6%	16.6%	2.1%	16.8%	21.2%	26.9%	26.7%	19.4%	22.6%	6.6%	7.3%	7.9%
Other income	24	6	15	26	4	9	19	18	4	12	52	10	10	9	114	7	9	8	7	11	9	9	11	9	14	13	9	10	14	11	14	14	14	42	43	6	79	29	97	28	24	34	51	33	41	75	72	36
Interest	1	2	1	1	1	10	8	6	6	7	4	4	4	5	6	8	6	6	13	14	12	16	22	18	17	25	33	62	64	70	78	65	61	59	62	57	59	46	41	34	30	23	14	4	1	0	1	1
Depreciation	28	28	28	28	31	30	31	29	31	30	28	30	30	31	30	30	33	33	35	36	36	37	39	37	37	35	37	51	52	51	54	46	47	47	49	62	64	63	62	67	68	68	67	67	66	66	65	64
Profit before tax	183	187	90	44	121	154	36	64	101	90	-36	-41	91	128	203	62	119	127	110	48	107	149	119	38	111	154	121	-50	-30	-46	-326	-11	53	86	99	51	228	123	314	105	245	371	441	274	346	88	111	67
Tax	63	63	37	16	42	53	16	22	41	30	3	-18	27	40	67	20	38	41	35	16	34	48	51	13	36	46	37	0	0	0	0	0	0	0	0	0	62	56	75	38	79	143	112	89	50	-78	17	0
Net profit	121	124	53	28	79	101	20	42	61	60	-38	-23	64	88	137	42	81	86	75	33	72	101	67	25	75	108	85	-50	-30	-46	-326	-11	53	86	99	51	165	67	238	67	166	228	329	186	296	166	94	66
EPS ₹	7.76	7.96	3.39	1.82	5.09	6.48	1.26	2.69	3.90	3.84	-2.46	-1.46	4.12	5.68	8.81	2.68	5.20	5.55	4.84	2.11	4.66	6.48	4.33	1.63	4.80	6.93	5.45	-3.21	-1.95	-2.96	-20.96	-0.71	3.39	5.51	6.38	3.26	10.65	4.29	15.34	4.28	10.69	14.66	21.17	11.94	19.06	10.66	6.02	4.27
Revenue YoY	—	—	—	—	-23.9%	18.5%	-40.4%	7.0%	-11.7%	-22.3%	-4.2%	-36.1%	4.6%	8.9%	66.3%	75.1%	27.3%	25.1%	37.0%	35.2%	14.2%	7.3%	-5.0%	10.1%	2.5%	22.2%	20.9%	5.6%	8.3%	-16.5%	-10.0%	-2.6%	-11.0%	-3.6%	9.7%	-2.5%	26.9%	10.9%	0.4%	9.5%	3.1%	30.3%	34.3%	52.2%	8.9%	-23.4%	-18.9%	-24.6%
Profit YoY	—	—	—	—	-34.5%	-18.7%	-63.0%	47.7%	-23.3%	-40.7%	-295.8%	-154.3%	5.4%	48.0%	—	—	26.4%	-2.4%	-45.1%	-21.4%	-10.5%	16.9%	-10.5%	-22.6%	3.2%	6.9%	25.8%	-297.0%	-140.7%	-142.8%	-484.9%	—	—	—	—	—	214.2%	-22.0%	140.6%	31.5%	0.4%	241.3%	38.0%	178.8%	78.4%	-27.3%	-71.5%	-64.2%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 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	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.9%	1.9%	2.9%	4.9%	4.8%	4.5%	3.6%	1.6%
ROCE	—	—	—	—	—	—	—	—	—	30.2%	27.8%	21.3%	14.2%	13.5%	10.1%	8.0%	8.7%	7.3%	8.3%	9.4%	8.6%	9.7%	9.6%	11.7%	15.2%	14.8%
Net margin	0.1%	3.2%	8.2%	13.6%	16.1%	11.8%	7.3%	2.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.1%	2.1%	3.3%	5.6%	5.4%	5.3%	3.9%	1.6%
EBITDA margin	9.1%	11.1%	14.7%	19.6%	24.4%	24.6%	25.9%	27.6%	27.7%	25.2%	22.3%	18.4%	13.3%	12.5%	9.0%	6.3%	6.6%	5.8%	6.5%	7.8%	6.6%	7.8%	8.4%	11.3%	14.8%	13.6%
Debt / equity	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.02	0.02	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.01
Interest coverage	23.77	21.34	31.49	48.53	146.28	418.39	474.87	665.18	618.77	564.60	536.05	415.59	322.75	304.25	90.70	51.08	24.86	20.50	26.92	35.35	93.25	120.00	166.20	178.50	230.33	232.17
Asset turnover	—	—	—	—	—	—	—	—	—	0.91	0.93	0.87	0.79	0.72	0.67	0.74	0.78	0.75	0.73	0.72	0.68	0.69	0.70	0.68	0.74	0.76

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	155	155	155	147	147	147	147	147	147
Other equity / reserves	8,430	8,950	8,674	8,162	8,224	8,428	8,501	8,968	9,181
Total equity	8,585	9,105	8,829	8,309	8,371	8,575	8,648	9,115	9,328
Borrowings	6	0	171	1	77	99	8	0	109
Current liabilities	1,602	1,292	1,941	1,081	1,174	1,148	967	1,041	1,555
Non-current liabilities	1,335	1,299	1,227	1,282	1,301	1,280	1,249	1,203	1,199
Total assets	11,522	11,696	11,997	10,672	10,846	11,003	10,864	11,359	12,082
Property, plant & equipment	3,233	3,109	3,063	2,970	2,917	2,795	2,688	2,595	3,025
Capital work-in-progress	108	186	186	289	266	382	754	900	781
Investments	1,590	3,205	3,233	3,030	2,791	2,304	2,370	1,692	1,405
Inventories	993	1,123	1,013	1,119	1,133	1,257	1,050	1,018	1,259
Receivables	1,259	368	171	626	458	423	383	641	969
Cash & equivalents	166	56	34	43	17	19	6	74	11

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,967	1,373	32	606	654
Cash from investing	-1,899	-1,229	1,235	-466	-231
Cash from financing	-130	-161	-1,281	-262	-269
Capex	138	173	251	453	546
Free cash flow	1,829	1,200	-219	153	108
Dividends paid	123	153	461	238	260

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹3,025 cr25%

CWIP

₹781 cr6%

Investments

₹1,405 cr12%

Inventories

₹1,259 cr10%

Receivables

₹969 cr8%

Cash & equivalents

₹11 cr0%

Other assets

₹4,632 cr38%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%
Gujarat Narmada Valley Fertilizers and Chemicals Limited	6,641	451.80	44.3	0.71	1.6%

StoxGud checklist: Bearish setup · 3/10

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-26.9%

6 months-9.8%

1 year-11.2%

3Y CAGR-13.7%

5Y CAGR-0.5%

10Y CAGR+8.6%

50-day avg₹564.26

200-day avg₹507.62

RSI (14)21

FAQs

What is the share price of Gujarat Narmada Valley Fertilizers and Chemicals Limited?

Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) closed at ₹451.80 on NSE on 06 Nov 2026.

What is the market cap of Gujarat Narmada Valley Fertilizers and Chemicals Limited?

₹6,641 crore at the latest close.

What is the P/E ratio of Gujarat Narmada Valley Fertilizers and Chemicals Limited?

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

How fast is Gujarat Narmada Valley Fertilizers and Chemicals Limited growing?

Gujarat Narmada Valley Fertilizers and Chemicals Limited: revenue has compounded at -8.7% a year over three years. Latest-quarter revenue is up 40.9% year on year, profit down 100.0%.

How profitable is Gujarat Narmada Valley Fertilizers and Chemicals Limited?

On a trailing-twelve-month basis return on equity is 1.6%, return on capital employed 14.8%, operating margin 13.6%, net margin 1.6%.

How much debt does Gujarat Narmada Valley Fertilizers and Chemicals Limited have?

Gujarat Narmada Valley Fertilizers and Chemicals Limited is debt-free: debt to equity is 0.01 with borrowings of ₹109 cr against cash of ₹11 cr (balance sheet of 2026-09-30). Operating profit covers interest 232.2 times.

Financials parsed from Gujarat Narmada Valley Fertilizers and Chemicals 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.