Gujarat Narmada Valley Fertilizers and Chemicals Limited
Gujarat Narmada Valley Fertilizers and Chemicals Limited operates in Commodity Chemicals, part of the Chemicals sector. It booked ₹2,773 cr of revenue in its latest quarter (Q2 FY27) and kept 7.0% of sales as profit. It is the 4th largest of 9 Commodity Chemicals companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Chemicals | 3,305 | 6,045 | 6,484 | 4,726 | 4,900 | 4,899 | 64% → 63% |
| Fertilizers | 1,751 | 2,509 | 3,655 | 3,054 | 2,900 | 2,764 | 34% → 36% |
| Others | 73 | 88 | 88 | 150 | 92 | 110 | 1% → 1% |
| Total | 5,129 | 8,642 | 10,227 | 7,930 | 7,892 | 7,773 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is one of India’s leading entities engaged in the manufacturing and selling of fertilizers, industrial chemical products and providing IT services.”
Healthier than 62% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 11–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 27
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in GNFC?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,773 cr |
| Other Income | ₹128 cr |
| Total Income | ₹2,901 cr |
| Cost of Materials | ₹1,473 cr |
| Purchases of Stock-in-Trade | ₹18 cr |
| Inventory Change (±) | ₹236 cr |
| Employee Benefit Expense | ₹186 cr |
| Finance Costs | ₹1 cr |
| Depreciation & Amortisation | ₹83 cr |
| Other Expenses | ₹663 cr |
| Total Expenses | ₹2,660 cr |
| Profit before Tax | ₹241 cr |
| Tax Expense | ₹56 cr |
| Share of JV / Associates | ₹9 cr |
| Net Profit | ₹194 cr |
| Net margin on total income | 6.7% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 2,208 cr | 2,238 cr | 2,773 cr |
| Total income | 2,333 cr | 2,339 cr | 2,901 cr |
| Expenses | 1,807 cr | 1,923 cr | 2,660 cr |
| Profit before tax | 526 cr | 416 cr | 241 cr |
| Tax | 134 cr | 106 cr | 56 cr |
| Net profit (owners' share) | 396 cr | 312 cr | 194 cr |
| Net margin (owners' share, on revenue) | 17.9% | 13.9% | 7.0% |
| EPS (₹) | 26.94 | 21.22 | 13.20 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| SRF Limited | ₹2,429 | ₹71,989 cr | 35.3 | 13.3% | 10.4% | — |
| Tata Chemicals Limited | ₹610 | ₹54,596 cr | — | -0.3% | -0.4% | — |
| Deepak Fertilizers and Petrochemicals Corporation Limited | ₹1,128 | ₹14,244 cr | 7.3 | 28.6% | 15.0% | — |
| Gujarat Narmada Valley Fertilizers and Chemicals Limitedthis company | ₹465 | ₹6,836 cr | 8.8 | 8.3% | 7.0% | — |
| Gujarat Alkalies and Chemicals Limited | ₹555 | ₹4,076 cr | 18.5 | 4.2% | 4.4% | — |
| GHCL Limited | ₹403 | ₹3,705 cr | 8.2 | 13.0% | 14.6% | — |
| J.G.Chemicals Limited | ₹580 | ₹2,273 cr | 22.7 | 19.0% | 7.9% | — |
| IG Petrochemicals Limited | ₹554 | ₹1,707 cr | 6.4 | 19.9% | 10.8% | — |
| Thirumalai Chemicals Limited | ₹119 | ₹1,439 cr | — | -11.2% | -8.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹21 / share | 9 Sep 2026 |
| Dividend | ₹18 / share | 2 Sep 2025 |
| Dividend | ₹16.5 / share | 6 Sep 2024 |
| Buyback | Buy Back | 24 Nov 2023 |
| Dividend | ₹30 / share | 18 Sep 2023 |
| Dividend | ₹10 / share | 19 Sep 2022 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.