GNFC

What does GNFC do?

Gujarat Narmada Valley Fertilizers and Chemicals Ltd. (GNFC) is a leading Indian manufacturer of fertilizers and industrial chemicals, also offering IT services. As of March 2025, it reported net sales of ₹2,055 Cr and a net profit of ₹211 Cr, with a market cap of ₹8,052 Cr.

Overview:<BR>Gujarat Narmada Valley Fertilizers and Chemicals Ltd. (GNFC) is one of India's leading entities engaged in the manufacturing and selling of fertilizers and industrial chemicals, as well as providing IT-related services, operating within the mid-cap fertilizers industry.<BR><BR>History:<BR>GNFC was incorporated in an unspecified year and has maintained its status as a key player in the fertilizers and chemicals sector. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 2,055 Cr (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: 211 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap value: Rs 8,052 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 13.00<BR>- Industry P/E: 24<BR>- Dividend Yield: 3.03%<BR>- Debt Equity: -0.33<BR>- Return on Equity: 6.96%<BR>- Price to Book: 0.93<BR><BR>Contact Details:<BR>- Address: P O Narmadanagar, Bharuch Gujarat: 392015<BR>- Phone: 91-02642-247001-15<BR>- Email: investor@gnfc.in<BR>- Website: http://www.gnfc.in

Who are in the management team of GNFC?

As of March 2023, the management team of GNFC includes Raj Kumar (Chairman), Pankaj Joshi (Managing Director), and several non-executive and independent directors such as Vipul Mittra and Gauri Kumar, contributing to the company's governance and strategy.

As of March 2023, the management team of GNFC includes the following individuals:<BR><BR>1. Raj Kumar - Chairman & Director<BR>2. Vipul Mittra - Chairman & Non-Executive Director<BR>3. Mamta Verma - Non-Executive & Non-Independent Director<BR>4. Gauri Kumar - Independent Non-Executive Woman Director<BR>5. Mukesh Puri - Non-Executive & Non-Independent Director<BR>6. Ranjan Kumar Ghosh - Independent Non-Executive Director<BR>7. Jagdish Prasad Gupta - Non-Executive & Non-Independent Director<BR>8. Bhadresh Mehta - Independent Non-Executive Director<BR>9. Ravichandran Narasimhan - Independent Non-Executive Director<BR>10. Piyushkumar Sinha - Independent Non-Executive Director<BR>11. Pankaj Joshi - Executive Director & Managing Director<BR><BR>This team comprises a mix of executive and non-executive directors, including independent directors, contributing to the governance and strategic direction of the company.

When is the next results date for GNFC?

No Upcoming Board Meetings

Has GNFC declared dividend?

Yes, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. has declared a 165% dividend, amounting to ₹16.5 per share, with an ex-date of September 6, 2024. While recent price returns have been negative, the company has shown strong total returns over longer periods.

Gujarat Narmada Valley Fertilizers & Chemicals Ltd. has declared a 165% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 165%<BR>- Amount per share: 16.5<BR>- Ex-date: 06 Sep 2024<BR><BR>Dividend Yield: 3.03%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -14.22%, with a dividend return of 0%, resulting in a total return of -14.22%.<BR><BR>In the past year, the price return was -14.24%, with a dividend return of 2.42%, leading to a total return of -11.82%.<BR><BR>Over the last 2 years, the price return was -6.41%, while the dividend return was 7.90%, giving a total return of 1.49%.<BR><BR>For the 3-year period, the price return was -18.1%, with a dividend return of 9.88%, resulting in a total return of -8.22%.<BR><BR>In the last 4 years, the price return was 42.1%, alongside a dividend return of 17.60%, leading to a total return of 59.7%.<BR><BR>Over the past 5 years, the price return was 276.33%, with a dividend return of 45.14%, culminating in a total return of 321.47%.<BR><BR>Overall, GNFC's recent dividend declaration reflects a strong commitment to returning value to shareholders, although the total returns over various periods show a mix of performance, with significant positive returns in the longer term despite recent declines in price returns.

Who are the peers of the GNFC?

GNFC's peers include Coromandel International, FACT, Chambal Fertilizers, Deepak Fertilizers, EID Parry, National Fertilizers, Mangalore Chemicals, M B Agro Products, and Krishna Phoschem. Management risk varies from excellent to average among peers, with Deepak Fertilizers showing the highest 1-year return at 173.12%, while GNFC's return is -16.59%.

Peers: The peers of GNFC are Coromandel Inter, F A C T, Chambal Fert., Deepak Fertiliz., EID Parry, Natl.Fertilizer, Mangalore Chem., M B Agro Prod., and Krishana Phosch.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coromandel Inter and Chambal Fert., while Good management risk is found at Deepak Fertiliz. and EID Parry, and Average management risk is present at F A C T, Natl.Fertilizer, Mangalore Chem., M B Agro Prod., and Krishana Phosch. Growth is Excellent at Deepak Fertiliz. and M B Agro Prod., Average at EID Parry and Coromandel Inter, and Below Average at F A C T, Chambal Fert., GNFC, Natl.Fertilizer, Mangalore Chem., and the rest. Excellent capital structure is noted at Coromandel Inter, Chambal Fert., EID Parry, and GNFC, while Good capital structure is seen at F A C T, Average at Deepak Fertiliz., M B Agro Prod., and Krishana Phosch., and Below Average at Natl.Fertilizer and Mangalore Chem.<BR><BR>Return Snapshot: Deepak Fertiliz. has the highest 1-year return at 173.12%, while M B Agro Prod. has the lowest at 0.00%, and GNFC's 1-year return of -16.59% is significantly lower than both. Additionally, Natl.Fertilizer and Mangalore Chem. have negative six-month returns.

Who are the top shareholders of the GNFC?

The top shareholders of GNFC include Gujarat State Investments Limited with 21.44%, mutual funds at 8.36%, foreign institutional investors at 12.67%, and individual investors holding 27.64%. The largest public shareholder is ICICI Prudential Equity & Debt Fund with 8.03%.

The top shareholders of GNFC include several key players. The majority shareholders are the promoters, with Gujarat State Investments Limited holding the largest share at 21.44%. Additionally, mutual funds collectively hold 8.36% of the shares through 19 different schemes, while foreign institutional investors (FIIs) account for 12.67% with 157 FIIs involved. The highest public shareholder is ICICI Prudential Equity & Debt Fund, which holds 8.03%. Individual investors also have a significant stake, owning 27.64% of the company.

How big is GNFC?

As of 24th July, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. has a market capitalization of 8,155.00 Cr, with net sales of 7,892.00 Cr and a net profit of 597.00 Cr for the latest four quarters. Shareholder's funds are 8,308.76 Cr and total assets are 10,671.87 Cr as of March 2024.

As of 24th July, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. has a market capitalization of 8,155.00 Cr, classifying it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 7,892.00 Cr and a net profit of 597.00 Cr.<BR><BR>For the latest annual period ending March 2024, the shareholder's funds amounted to 8,308.76 Cr, while total assets were reported at 10,671.87 Cr.

Is GNFC overvalued or undervalued?

As of November 14, 2025, GNFC is considered very attractive and undervalued in the fertilizers industry, with key ratios like a PE of 11.66 and a PEG of 0.28, significantly outperforming peers like Coromandel International and Chambal Fertilizers, despite a recent stock decline.

As of 14 November 2025, GNFC's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers in the fertilizers industry. Key ratios supporting this assessment include a price-to-earnings (PE) ratio of 11.66, a price-to-book value of 0.86, and an EV to EBITDA ratio of 9.61.<BR><BR>In comparison to its peers, GNFC stands out with a PEG ratio of 0.28, while Coromandel International, deemed very expensive, has a PE ratio of 30.57 and an EV to EBITDA of 20.23. Another peer, Chambal Fertilizers, is rated fair with a PE of 9.98 and an EV to EBITDA of 6.99. Despite a recent decline in stock performance compared to the Sensex, GNFC's long-term returns over five years show a remarkable increase of 156.48%, reinforcing its undervalued status in the current market.

How has been the historical performance of GNFC?

GNFC's historical performance shows a decline in net sales and profits from March 2023 to March 2025, with net sales dropping from INR 10,227 crore to INR 7,892 crore and profit after tax decreasing from INR 1,464 crore to INR 585 crore, despite improved cash flow from operations. Total assets also decreased while total liabilities slightly increased during this period.

Answer:<BR>The historical performance of GNFC shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>GNFC's net sales have seen a decline from INR 10,227.00 crore in March 2023 to INR 7,892.00 crore in March 2025, with a slight decrease from INR 7,930.00 crore in March 2024. Total operating income followed a similar trend, peaking in March 2023 and dropping to INR 7,892.00 crore by March 2025. The raw material cost increased to INR 4,454.00 crore in March 2025, while total expenditure (excluding depreciation) decreased to INR 7,277.00 crore in the same period. Operating profit (PBDIT) also fell significantly from INR 2,240.00 crore in March 2023 to INR 1,116.00 crore in March 2025. Profit before tax decreased from INR 1,932.00 crore in March 2023 to INR 790.00 crore in March 2025, leading to a profit after tax of INR 585.00 crore in March 2025, down from INR 1,464.00 crore in March 2023. The company's total assets decreased from INR 11,695.53 crore in March 2023 to INR 11,003.24 crore in March 2025, while total liabilities increased slightly to INR 11,003.24 crore. Cash flow from operating activities improved to INR 605.00 crore in March 2025, although the net cash outflow was recorded at INR -122.00 crore. Overall, GNFC's financial performance indicates a challenging period with declining revenues and profits, despite some improvements in cash flow from operations.

Is GNFC technically bullish or bearish?

As of December 3, 2025, GNFC's technical trend is mildly bearish, with mixed signals from indicators like MACD, RSI, and Bollinger Bands, suggesting a cautious outlook.

As of 3 December 2025, the technical trend for GNFC has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames. Bollinger Bands are mildly bearish on both weekly and monthly charts, and moving averages on a daily basis are also mildly bearish. KST and OBV are bearish on a weekly basis, contributing to the overall bearish sentiment. The Dow Theory indicates a mildly bearish stance on the weekly chart, with no trend on the monthly. Overall, the technical indicators suggest a cautious outlook for GNFC.

Are Gujarat Narmada Valley Fertilizers & Chemicals Ltd. latest results good or bad?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd. reported a significant recovery in the latest quarter, with net sales up 22.92% and net profit rising 115.66% sequentially. However, year-on-year growth remains modest, and ongoing margin challenges raise concerns about the sustainability of these results.

Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) has shown a mixed performance in its latest results. In the September quarter, the company reported a significant sequential recovery, with net sales increasing by 22.92% to ₹1,968.00 crores and net profit rising by 115.66% quarter-on-quarter to ₹179.00 crores. The operating profit margin also improved notably, reaching 9.40% from just 1.94% in the previous quarter.<BR><BR>However, despite this recovery, there are underlying challenges. Year-on-year, net sales growth was only 2.66%, and the company continues to face structural margin issues that have affected the fertiliser sector. The dependency on non-operating income, which contributed significantly to profitability, raises concerns about the sustainability of these results.<BR><BR>In the subsequent quarter ending December 2025, while net sales showed a modest growth of 5.11% year-on-year, the consolidated net profit declined by 7.98%. This indicates that while there are signs of recovery, the overall financial health remains under pressure, particularly with margins and profitability.<BR><BR>In summary, GNFC's latest results reflect a recovery from a disappointing previous quarter, but ongoing challenges in margin sustainability and profitability suggest a cautious outlook. Investors should monitor these trends closely as the company navigates a complex operating environment.

Should I buy, sell or hold Gujarat Narmada Valley Fertilizers & Chemicals Ltd.?

Why is Gujarat Narmada Valley Fertilizers & Chemicals Ltd. falling/rising?

As of 07-May, the stock price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is rising due to strong recent performance, positive investor sentiment, solid financial metrics, and attractive valuation, currently at 501.25 with a 0.42% increase. The stock has gained 6.71% over the past week and is trading above its moving averages, supported by high institutional holdings and a favorable dividend yield.

As of 07-May, the stock price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is rising, currently at 501.25, with a change of 2.1 (0.42%) upward. This upward movement can be attributed to several factors. <BR><BR>Firstly, the stock has shown strong performance over the past week, gaining 6.71%, which significantly outperforms the Sensex's increase of only 1.21% during the same period. Additionally, the stock has been on a consecutive gain streak for the last four days, indicating positive momentum. <BR><BR>Moreover, the stock is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is often a bullish signal for investors. The rising investor participation is also notable, with a delivery volume of 4.13 lacs on 06 May, which represents a substantial increase of 268.48% compared to the 5-day average delivery volume.<BR><BR>The company’s financial health further supports the stock's rise; it is net-debt free and has a return on equity (ROE) of 7.4, along with a price-to-book value of 0.9, indicating an attractive valuation. The stock's high dividend yield of 3.61% at the current price also makes it appealing to investors. Additionally, the presence of high institutional holdings at 23.11% suggests that knowledgeable investors are confident in the company's fundamentals.<BR><BR>In summary, the combination of strong recent performance, positive investor sentiment, solid financial metrics, and attractive valuation has contributed to the rising stock price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

Which are the latest news on GNFC?