āagman

Not investment advice. Data and computed figures, for information only.

Gujarat Narmada Valley Fertilizers & Chemicals Ltd

NSE: GNFC
₹572.15
−₹6.50 (−1.12%)
NSE · 15 Oct 2026, close
As of 31 Mar 2026
Market Cap
₹8,709 Cr
CMP
₹572.15
52-wk High / Low
₹636 / 365
P/E
8.4
P/B
1.0
Book Value
₹620.0
Div Yield
3.54%
ROCE
12.0%
ROE
9.1%
Face Value
₹10
D/E
0.00

Price+14.9% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹876
√(22.5 × EPS × book value per share)
ROIC
4.8%
vs 7.5% sector median
Cash flow to profit
0.81
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+1,562
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
6.4%
ROE × earnings retention ratio
ROE stability
5.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +1.65DII −1.86
Latest quarter vs the previous one
Cash-accrual divergence
1.4%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 99.8% since FY2016 (3101 to 5)
+Price trades above its 200-day moving average (1.1x)
+Promoter holding rose by 0.1pp over the last year
+PE of 8.4x is below the sector median of 36.2x
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,6522,0802,0882,1102,0211,9171,8992,0551,6011,9681,9962,2082,238
Expenses1,5471,9112,0041,9651,8681,8271,7671,8151,5701,7831,8151,7261,845
Operating Profit105169841451539013224031185181482393
OPM %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%
Other Income881521211089912315712215012797125101
Interest11741723121122
Depreciation76787678787675747481737976
Profit before tax116242122171157135211287105230204526416
Net Profit881829713011810516321183179150396312
EPS (₹)5.6611.716.608.858.037.1511.0914.365.6512.1810.2126.9521.23

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,6424,5524,5895,8375,8965,1625,1298,64210,2277,9307,8927,7738,410
Expenses4,6623,9894,2284,4455,0224,6214,1256,2598,3487,4287,2776,8957,169
Operating Profit−215633611,3928745421,0032,3841,8795026158791,241
OPM %−0.5%12.4%7.9%23.8%14.8%10.5%19.6%27.6%18.4%6.3%7.8%11.3%14.8%
Other Income52252809140215153237209361469501499450
Interest274297203100652035132366
Depreciation209251251270263264272292303308303307309
Profit before tax−4522687151,1628194259482,2981,9326517901,0651,376
Net Profit−4431805297957505086971,7101,4724975988091,037
EPS (₹)−28.5011.5734.0251.1548.2432.6944.84110.0594.6833.8340.6855.0370.57

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital155155155155155155155155155147147147—
Reserves2,3643,1683,7004,3624,9095,1445,9137,8358,9508,1628,4298,968—
Borrowings3,8443,1011,95930320886042231065—
Other Liabilities2,1642,1302,1422,4112,3372,2612,3212,7642,6132,4052,3662,282—
Total Liabilities8,5278,5557,9567,2317,6098,4218,39410,75511,72010,71711,04711,403—
Fixed Assets4,4684,3674,4424,1613,9593,8103,7203,5783,3813,2383,0942,882—
CWIP13914142582161138187289382900—
Investments1847758167857996739381,3133,2053,0302,3041,693—
Other Assets3,8613,4042,6832,2712,8263,8563,5755,7274,9464,1605,2685,928—
Total Assets8,5278,5557,9567,2317,6098,4218,39410,75511,72010,71711,04711,403—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4909961,4451,8197012861,8841,9671,37331605654
Cash from Investing Activity−28436−5349−310−901−856−1,899−1,2291,235−466−230
Cash from Financing Activity−363−1,037−1,073−1,400−185546−934−130−160−1,281−262−269
Net Cash Flow−156−5320468206−6995−62−16−14−123155

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—9.010.024.016.08.016.033.023.08.010.012.0
ROE %———————————9.1
EPS (₹)−28.5011.5734.0251.1548.2432.6944.84110.0594.6833.8340.6855.03
Book Value (₹)———————————620.0
Face Value (₹)———————————10
P/E———————————8.4
Div Yield %———————————3.54
NPM %−9.43.79.813.312.39.613.019.313.95.97.19.8
OPM %−0.412.08.024.015.010.020.028.018.06.08.011.0
D/E1.530.930.510.070.040.160.000.000.000.000.010.00
P/B———————————1.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+6.0%
5 years+9.0%
3 years−9.0%
TTM+13.0%
Compounded profit growth
10 years+16.0%
5 years+3.0%
3 years−18.0%
TTM+85.0%
Stock price CAGR
10 years+12.0%
5 years+4.0%
3 years−2.0%
Last year+19.0%
Return on equity
10 years13.0%
5 years12.0%
3 years7.0%
Last year9.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters41.21%41.21%41.21%41.20%41.18%41.18%41.18%41.18%41.18%41.30%41.30%41.30%41.30%
FIIs13.50%13.50%13.50%9.35%14.04%12.36%10.04%22.39%20.01%19.40%15.03%12.05%13.70%
DIIs16.00%16.00%16.00%15.07%13.59%14.73%11.23%5.24%4.97%9.30%10.14%11.07%9.21%
Government—————————————
Public29.29%29.29%29.29%34.38%31.19%31.73%37.54%31.19%33.83%29.99%33.53%35.58%35.78%
No. of shareholders2,34,0832,34,0832,34,0832,44,2592,40,8082,35,7502,31,4512,31,5932,79,9092,53,0032,68,6292,65,7932,55,888
Change since Jun 2023 (pp)
Promoters +0.09FIIs +0.20DIIs −6.79Public +6.49

Documents

As of 11 Oct 2026

Corporate actions

As of 9 Sep 2026
9 Sep 2026DIVIDENDDividend - Rs 21 Per Share—
2 Sep 2025DIVIDENDDividend - Rs 18 Per Share—
6 Sep 2024DIVIDENDDividend - Rs 16.50 Per Share—
18 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 30 Per Share—
19 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
18 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 8 Per Share—
20 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 5 Per Share—
22 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 7 Per Share—
23 Aug 2018DIVIDEND Annual General Meeting/Dividend- Rs 7.50 Per Share—
16 Aug 2017DIVIDEND Annual General Meeting/Dividend - Rs 5 Per Share—
25 Aug 2016DIVIDEND Dividend - Rs 2 Per Share—
21 Aug 2014DIVIDENDDividend Rs.3.50/- Per Share—
22 Aug 2013DIVIDENDAnnual General Meeting / Dividend Rs.3.50 Per Share—
23 Aug 2012DIVIDENDAnnual General Meeting / Dividend Rs.3.50 Per Share—
25 Aug 2011DIVIDENDDividend-Rs.3.25 Per Share—
2 Sep 2010DIVIDENDDividend-Rs.3.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman