Gujarat State Fertilizers & Chemicals quarterly results and financials

Gujarat State Fertilizers & Chemicals (GSFC)₹142.20+0.05%(9 Nov 2026 close)Fertilizers

Key facts

In the Jun 2026 quarter (consolidated), Gujarat State Fertilizers & Chemicals reported sales of ₹3,578 Cr, up 64.1% from Jun 2025, and net profit of ₹158 Cr, up 14.3% year on year. For the year to Mar 2026, sales were ₹10,916 Cr and net profit ₹671 Cr.

Sales (Jun 2026): ₹3,578 Cr
Net profit (Jun 2026): ₹158 Cr
Sales (FY Mar 2026): ₹10,916 Cr
Net profit (FY Mar 2026): ₹671 Cr
EPS (Jun 2026): ₹4.00
Borrowings (Mar 2026): ₹27 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Gujarat State Fertilizers & Chemicals quarterly results

₹ crore unless stated; each column is a quarter.

Gujarat State Fertilizers & Chemicals Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	3,113	2,003	1,960	2,159	2,631	2,810	1,918	2,180	3,178	2,932	2,626	3,578
Expenses	2,889	1,905	1,946	2,061	2,359	2,666	1,849	1,999	2,862	2,774	2,559	3,361
Operating Profit	238	108	26.08	110	285	158	80.19	194	338	179	83.30	234
OPM %	8.0%	5.0%	1.3%	5.0%	11.0%	6.0%	4.2%	9.0%	11.1%	6.0%	3.2%	6.0%
Other Income	197	82.97	53.97	51.97	154	59.92	60.93	46.92	144	56.90	38.96	36.94
Interest	2.01	1.01	7.02	2.01	2.01	2.01	4.01	8.02	2.01	1.01	4.01	10.03
Depreciation	46.04	46.01	47.02	47.02	48.01	49.03	48.04	48.06	51.01	50.04	52.98	53.99
Profit before tax	386	144	25.94	113	386	168	88.80	184	427	183	64.91	205
Tax %	20.1%	18.1%	7.0%	22.1%	23.1%	20.1%	19.1%	25.1%	24.1%	14.1%	20.1%	23.1%
Net Profit	308	118	23.92	86.62	297	134	71.73	139	323	157	51.84	158
EPS (Rs)	7.78	2.97	0.63	2.20	7.51	3.37	1.81	3.49	8.16	3.98	1.32	4.00

Gujarat State Fertilizers & Chemicals profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Gujarat State Fertilizers & Chemicals Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	6,096	5,254	6,249	8,471	7,775	7,619	9,060	11,352	9,131	9,514	10,916	12,314
Expenses	5,471	4,793	5,725	7,772	7,499	7,091	7,785	9,814	8,672	8,931	10,190	11,556
Operating Profit	659	491	567	752	322	573	1,326	1,594	516	638	793	834
OPM %	11.0%	9.0%	9.0%	9.1%	4.1%	7.0%	15.0%	14.1%	6.0%	7.0%	7.0%	6.8%
Other Income	64.91	60.96	98.85	107	105	184	183	152	385	323	287	277
Interest	31.09	65.14	51.18	61.15	115	43.13	10.03	15.05	11.03	10.03	14.03	17.06
Depreciation	97.11	104	119	126	171	177	179	182	183	192	202	208
Profit before tax	593	382	492	668	141	534	1,312	1,540	702	754	860	879
Tax %	31.1%	−10.9%	4.0%	26.1%	22.1%	16.1%	32.1%	18.1%	20.1%	22.1%	22.1%	—
Exceptional items	0.00	0.00	0.00	0.00	−3.01	32.10	2.01	1.01	0.00	−2.01	0.00	—
Net Profit	414	422	472	491	110	448	895	1,261	562	589	671	690
EPS (Rs)	10.48	10.68	11.93	12.42	2.76	11.34	22.64	31.91	14.22	14.88	16.95	17.46
Dividend payout %	21.1%	21.0%	18.1%	18.1%	44.1%	19.1%	11.1%	31.1%	28.1%	34.1%	30.0%	—

Gujarat State Fertilizers & Chemicals balance sheet

₹ crore, at each year end.

Gujarat State Fertilizers & Chemicals Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	79.97	80.05	80.07	80.07	80.02	80.04	80.04	80.08	80.08	80.10	80.11	80.07
Reserves	4,410	5,452	6,525	7,207	7,224	6,767	9,150	11,687	11,950	12,641	12,052	12,168
Borrowings	743	1,288	805	1,093	1,069	1,557	37.02	6.00	2.00	5.00	2.00	27.00
Other Liabilities	1,256	1,565	1,674	1,927	2,084	1,710	1,896	2,358	1,876	2,330	2,240	2,106
Total Liabilities	6,489	8,385	9,085	10,307	10,458	10,114	11,163	14,130	13,908	15,057	14,372	14,381
Fixed Assets	1,955	1,654	2,019	2,105	2,817	2,896	2,799	2,675	2,578	2,546	2,501	3,323
CWIP	260	404	272	761	186	107	117	158	199	235	688	191
Investments	900	1,745	2,535	2,800	2,383	2,093	4,343	6,332	5,347	6,036	5,073	4,621
Other Assets	3,373	4,584	4,258	4,641	5,070	5,017	3,904	4,966	5,785	6,239	6,110	6,246
Inventories	632	584	702	870	1,650	1,370	994	1,389	1,320	1,301	1,473	1,872
Trade receivables	1,931	3,292	801	936	813	851	468	366	498	511	538	683
Cash & equivalents	358	41.93	58.97	69.95	67.90	47.97	248	336	1,438	2,300	1,904	200
Total Assets	6,489	8,385	9,085	10,307	10,458	10,114	11,163	14,130	13,908	15,057	14,372	14,381

Gujarat State Fertilizers & Chemicals cash flow

₹ crore, for each year.

Gujarat State Fertilizers & Chemicals Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	260	−244	913	359	509	−8.02	1,786	238	927	−268	83.12	136
Cash from investing activity	−133	−172	−237	−483	−280	−265	−22.93	−17.94	−38.91	106	−172	−45.87
Cash from financing activity	−155	411	−654	134	−241	266	−1,556	−126	−114	−402	−159	−184
Net cash flow	−30.12	−4.01	17.07	7.03	−15.07	−7.03	202	92.30	773	−568	−248	−94.41
Capex	139	219	249	500	299	302	88.20	95.16	142	240	380	309
Free cash flow	121	−463	663	−141	209	−310	1,740	142	784	−509	−296	−172
CFO / OP %	69.0%	−11.0%	200.0%	77.0%	82.0%	16.0%	303.0%	35.0%	88.0%	−22.0%	26.0%	34.0%

Gujarat State Fertilizers & Chemicals ratios

Working-capital days and returns, by year.

Gujarat State Fertilizers & Chemicals Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	133	197	55	54	35	40	22	15	16	20	21	23
Inventory days	70	55	81	79	105	95	74	94	69	81	88	91
Days payable	39	54	70	76	67	30	40	55	34	50	40	34
Cash conversion cycle	163	198	66	57	73	104	56	54	51	51	68	80
Working capital days	96	102	129	105	88	96	106	116	92	84	93	154
ROCE %	12.0%	10.0%	6.0%	7.0%	9.0%	3.0%	6.0%	13.0%	13.0%	6.0%	6.0%	7.0%

Gujarat State Fertilizers & Chemicals: frequently asked questions

What are the latest quarterly results of Gujarat State Fertilizers & Chemicals?

For the Jun 2026 quarter, Gujarat State Fertilizers & Chemicals reported sales of ₹3,578 Cr, up 64.1% year on year and net profit of ₹158 Cr, up 14.3% year on year. The operating margin was 6.0%.

What is the annual revenue of Gujarat State Fertilizers & Chemicals?

Gujarat State Fertilizers & Chemicals' sales for the year to Mar 2026 were ₹10,916 Cr; over the last twelve months they were ₹12,314 Cr.

What is the net profit of Gujarat State Fertilizers & Chemicals?

Net profit for the year to Mar 2026 was ₹671 Cr, and ₹690 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.46.

How much debt does Gujarat State Fertilizers & Chemicals have?

Gujarat State Fertilizers & Chemicals reported borrowings of ₹27 Cr at Mar 2026, against cash and equivalents of ₹200 Cr.

What is the free cash flow of Gujarat State Fertilizers & Chemicals?

Cash from operations was ₹136 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹172 Cr.

Loading…