# GSFC share price today (Gujarat State Fertilizers & Chemicals Ltd, NSE: GSFC)

> GSFC share price today: ₹136.18 at the NSE close on 3 November 2026, down 28.6% in a year. Gujarat State Fertilizers & Chemicals (NSE: GSFC) is worth ₹5,438 crore, trades at a P/E of 7.8 and has closed between ₹133.28 and ₹192.45 over the past 52 weeks. > Gujarat State Fertilizers & Chemicals Ltd's earnings have grown faster than its share price. Earnings per share grew +13.8% in a year while the price moved −28.6%. GSFC · Fertilisers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/gujarat-state-fertilizers-chemicals-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹136.18 (−28.6% in a year)
- P/E: 7.8× (lower than 73% of the last 11 years)
- Revenue (Jun 2026): ₹3,583 Cr (+64.1% on a year ago)
- Profit (Jun 2026): ₹159 Cr (+14.4% on a year ago)
- Operating margin: 6.0% (−3.0 points on a year ago)
- ROCE: 7%, FY26
- ROIC: 4.0%, against a 12.0% cost of capital: −8.0 points

The main question: profits are rising, but only −3% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the GSFC share price today? Gujarat State Fertilizers & Chemicals Ltd's share price was ₹136.18 at the close on 3 November 2026. It has been falling for 53 weeks. That is 16.4% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 6 weeks running. In the last 52 weeks it traded between ₹133 and ₹192, and at that close it sat 5% of the way up from that low. Over the last 11 years the share price moved +109% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at GSFC this quarter? Three changes stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row, revenue up on a year earlier for 5 quarters in a row and highest quarterly revenue in 15 quarters. 1. Foreign funds (FIIs) raised their stake for 3 quarters in a row From 11.9% to 12.5% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹3,583 crore, +64.1% on a year earlier. Why: Revenue rose because fertilizer sales jumped on higher volumes and more traded DAP, with government support helping. Next results: check whether fertilizer sales stay strong after the July monsoon revival and winter demand. From the earnings call on 13 Aug 2026. 3. Highest quarterly revenue in 15 quarters Revenue of ₹3,583 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What dividend does GSFC pay? GSFC paid ₹5 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 3.67% at the ₹136.18 close on 3 November 2026. The last was a dividend of ₹5 a share, ex-date 11 September 2026. ### GSFC dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 11 Sep 2026 | ₹5 | Dividend | 12 Sep 2026 |
| 8 Sep 2025 | ₹5 | Dividend | 9 Sep 2025 |
| 9 Sep 2024 | ₹4 | Dividend | n/a |
| 7 Sep 2023 | ₹10 | Dividend | n/a |
| 9 Sep 2022 | ₹2.50 | Dividend | n/a |
| 8 Sep 2021 | ₹2.20 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Gujarat State Fertilizers & Chemicals Ltd paid out 30% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are GSFC's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), GSFC reported revenue of ₹3,583 crore, up 64.1% from ₹2,184 crore a year earlier, and a profit of ₹159 crore, up 14.4% from ₹139 crore. ### GSFC results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹3,583 crore | ₹2,184 crore | +64.1% |
| Profit | ₹159 crore | ₹139 crore | +14.4% |
| Earnings per share | ₹3.98 | ₹3.48 | +14.4% |
| Operating margin | 6.0% | 9.0% | −3.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). GSFC's management discussed these results on a call held on 13 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the GSFC share price history? GSFC closed at ₹136.18 on 3 November 2026, down 28.6% from ₹190.77 a year earlier (31 October 2025) and up 0.9% over five years. Its highest weekly close since March 2016 was ₹318.10 on 20 January 2024. ### GSFC share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹135.02 | +0.9% |
| 1 month ago · 1 Oct 2026 | ₹146.90 | −7.3% |
| 6 months ago · 30 Apr 2026 | ₹170.39 | −20.1% |
| 1 year ago · 31 Oct 2025 | ₹190.77 | −28.6% |
| 3 years ago · 3 Nov 2023 | ₹194.25 | −29.9% |
| 5 years ago · 4 Nov 2021 | ₹134.95 | +0.9% |
| 10 years ago · 4 Nov 2016 | ₹91.40 | +49.0% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹65.05 | +109.3% |
| Highest weekly close since March 2016 · 20 Jan 2024 | ₹318.10 | −57.2% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹34.90 | +290.2% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹192.45 | −29.2% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹133.28 | +2.2% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on GSFC? 3 Nov 2026: GSFC closed at ₹136.18, up 0.9% on the week and down 7.3% on the month. 11 Sep 2026: ex-date for a dividend of ₹5 a share, record date 12 Sep 2026. ### Earlier

- 13 Aug 2026: GSFC held its results call for April to June 2026. Management guided: FY27 fertilizer sales above 22 lakh metric tons, including trading. - Results for April to June 2026: Revenue up 64.1% and profit up 14.4% on a year earlier. ## What did GSFC management say on the latest results call? On the call for April to June 2026, held on 13 August 2026, GSFC's management guided: FY27 fertilizer sales above 22 lakh metric tons, including trading. > “The Government of India's timely support in releasing fertilizer subsidies has kept working capital levels at an optimum level.”
> S.K. Bajpai, on the call for April to June 2026

### What management guided

- APS line commissioning within 1-2 months. - NPK subsidy increase from October 1 hoped for to offset raw-material inflation. - PA/SA tender opening and finalization shortly; broader approved-project details expected in the next three months. - BCG-generated savings expected to increase each quarter. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/368/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 13 August 2026.)

## What to watch in GSFC's next results? When GSFC reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Upcoming NPK subsidy reset and subsidy receipts - check whether market-linked margins improve and the June liquidity squeeze reverses. - What to check (from the call)
- Upcoming NPK subsidy reset and subsidy receipts - check whether market-linked margins improve and the June liquidity squeeze reverses. - APS line commissioning in the stated window - verify output ramp and whether product mix shifts as sulphur economics change. - Industrial Products spread and Melamine recovery - check Caprolactam resilience and any return of Melamine production under Chinese import pressure. - PA/SA tender and broader Sikka/Dahej project disclosure - check technology tie-ups, financial model and execution milestones next quarter. ## Which stock lists is GSFC on? GSFC is on 2 of our India lists: 52 week high & low and Dividend stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Dividend stocks Regular dividend yield (%): 3.66](https://www.sectoralpha.in/dividend-stocks-india)

## Is GSFC profitable? Gujarat State Fertilizers & Chemicals Ltd earned ₹159 Cr of net profit in the Jun 2026 quarter, +14.4% on the same quarter a year earlier. Full-year FY26 profit was ₹673 Cr. Over 10 years profit has grown 4.9% a year on average. That is 4.4% of the quarter's revenue. The same quarter a year earlier earned ₹139 Cr. For the full year, FY26 profit was ₹673 Cr (+13.9% on the year before). Why profit moved: revenue changed +64.1% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +3.3% and revenue +31.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does GSFC make, and is it growing? Gujarat State Fertilizers & Chemicals Ltd reported ₹3,583 Cr of revenue in the Jun 2026 quarter, +64.1% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 10 years it has grown 6.0% a year on average. The last full year, FY26, came in at ₹10,946 Cr. The last four reported quarters add to ₹12,344 Cr. FY26 revenue was ₹10,946 Cr, +14.8% on the year before. Recent pace: the last four quarters grew +31.6% on average, against 6.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +29.2%, against +15.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +7.8%, against +13.5% a year (rolling over). ## How much of every ₹100 of sales does GSFC keep? Gujarat State Fertilizers & Chemicals Ltd's operating margin was 6.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 4.1% and 15.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.3 percentage points on the year while gross margin changed −7.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is GSFC's profit turning into cash? Over the last 3 years Gujarat State Fertilizers & Chemicals Ltd's operations used more cash than they brought in, so cash conversion was −3%, a gap worth watching. In FY26 it brought in ₹136 Cr of operating cash against ₹673 Cr of profit. After ₹531 Cr of spending on assets, free cash was −₹395 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −3% of profit came in as cash: the cash cycle got 24 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 24 days longer. The next section looks at where the cash is stuck. ## Where does GSFC's cash go? Gujarat State Fertilizers & Chemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 81 days in FY26, up from 57 days in FY21. It spent ₹1,320 Cr on assets over the last 3 years. Customers take 23 days to pay, and stock sits for 92 days on average. At FY26 sales of ₹10,946 Cr, each day of that cycle ties up about ₹30.0 Cr, so roughly ₹2,429 Cr is tied up in the business at any time. FY26: customers took 23 days to pay and stock sat for 92 days, about 3.0 months of sales sitting as stock, for a full cycle of 81 days, longer than FY21's 57. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 92 days. Customers pay about 23 days after that. Suppliers are paid at 34 days. Together that makes the 81-day cycle. Spending on assets: ₹1,320 Cr over the last 3 years, against ₹577 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹192 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is GSFC's P/E ratio, and how does it compare with its own history? Gujarat State Fertilizers & Chemicals Ltd's P/E is 7.8×, near the low end of its own history: it has been lower only 27% of the time. Its usual P/E (the middle reading) is 9.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +13.8% while the price moved −28.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +0.2% a year; about +2.4% a year came from earnings growth and about −2.2 percentage points from the multiple (the market paying less); over 10 years the price moved +4.1% a year; about +5.2% a year came from earnings growth and about −1.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the GSFC business getting better or worse? Gujarat State Fertilizers & Chemicals Ltd's business is giving mixed signals. Revenue growth is rising at +29.2% while profit growth is slowing from its peak at +7.8%, so the lines disagree and each one tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does GSFC earn on its capital? Gujarat State Fertilizers & Chemicals Ltd earned a ROCE of 7% in FY26. That is up from a low of 3% in FY20. Its return on capital used (ROIC) is 8.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.1% net margin and 0.76× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.1% net margin × 0.76× asset turnover × 1.17× leverage (assets divided by equity) ≈ 5.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.0% − 12.0% = −8.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does GSFC have too much debt? Gujarat State Fertilizers & Chemicals Ltd has total debt of ₹27.0 Cr against shareholder equity of ₹12,278 Cr as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the GSFC shareholding pattern? No group of Gujarat State Fertilizers & Chemicals Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 37.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.1 points over 8 quarters, to 12.5%; Promoters: +0.0 points over 8 quarters, to 37.8%; Domestic institutions: +0.0 points over 8 quarters, to 5.8%. ## How far is GSFC from balance-sheet trouble? For Gujarat State Fertilizers & Chemicals Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does GSFC rank in its industry? 47.7 out of 100, rank 8 of 15 in Fertilisers, with 81% of the evidence available. Gujarat State Fertilizers & Chemicals Ltd scores 47.7 out of 100 against the 15 companies it is compared with in Fertilisers, ranking 8. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18 + 4.7 + 16 + 9 = 47.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is GSFC compared with? GSFC ranks 8 of 15 Fertilisers companies on the 4-Factor Sector Score, with 47.7 out of 100. 1. [Krishana Phoschem Ltd](https://www.sectoralpha.in/stocks/krishana-phoschem-ltd) KRISHANA · leader · Most evidence points up · 96% evidence 77.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 73.3% · Profit 92.2% · Operating margin change 0 points · 88% evidence Capital efficiency 19.6/25 · ROCE 27.2% · Operating margin 17% · 100% evidence Valuation 10.1/20 · P/E 35.9× · PEG 0.58 · 100% evidence Relative strength 20.0/20 · Lead over its industry 83.9% · Lead over NIFTY 500 75.7% · 1 year 126.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.5 + 19.6 + 10.1 + 20 = 77.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Gujarat Narmada Valley Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-narmada-valley-fertilizers-chemicals-ltd) GNFC · leader · Most evidence points up · 96% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 12.6% · Profit 84.5% · Operating margin change 16.1 points · 88% evidence Capital efficiency 14.6/25 · ROCE 12% · Operating margin 18% · 100% evidence Valuation 15.6/20 · P/E 7.2× · PEG 0.27 · 100% evidence Relative strength 17.6/20 · Lead over its industry 9.8% · Lead over NIFTY 500 5.1% · 1 year 0.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.8 + 14.6 + 15.6 + 17.6 = 73.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Madhya Bharat Agro Products Ltd](https://www.sectoralpha.in/stocks/madhya-bharat-agro-products-ltd) MBAPL · leader · Most evidence points up · 96% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 47.6% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.2/25 · ROCE 19.3% · Operating margin 16% · 100% evidence Valuation 7.3/20 · P/E 52.4× · PEG 0.8 · 100% evidence Relative strength 17.9/20 · Lead over its industry 66.5% · Lead over NIFTY 500 59.2% · 1 year 117.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.1 + 16.2 + 7.3 + 17.9 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Chambal Fertilisers & Chemicals Ltd](https://www.sectoralpha.in/stocks/chambal-fertilisers-chemicals-ltd) CHAMBLFERT · quiet · Evidence leans up · 96% evidence 60.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Revenue 15.6% · Profit 10.2% · Operating margin change 3 points · 88% evidence Capital efficiency 20.0/25 · ROCE 25.2% · Operating margin 16% · 100% evidence Valuation 16.6/20 · P/E 7.3× · PEG 0.52 · 100% evidence Relative strength 5.1/20 · Lead over its industry -12.1% · Lead over NIFTY 500 -15.6% · 1 year -26.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.3 + 20 + 16.6 + 5.1 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Khaitan Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/khaitan-chemicals-fertilizers-ltd) KHAICHEM · Too little evidence to rank firmly · 59% evidence 58.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.2/43.75 · Revenue 19.9% · Profit 32.5% · Operating margin change -3 points · 88% evidence Capital efficiency 18.3/31.25 · ROCE 18.5% · Operating margin 11% · 100% evidence Valuation 12.7/25 · P/E 8.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.2 + 18.3 + 12.7 = 58.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Zuari Agro Chemicals Ltd](https://www.sectoralpha.in/stocks/zuari-agro-chemicals-ltd) ZUARI · quiet · Evidence leans up · 96% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue -44% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 10.5/25 · ROCE 16.4% · Operating margin 10% · 100% evidence Valuation 19.9/20 · P/E 2.5× · PEG 0.08 · 100% evidence Relative strength 1.6/20 · Lead over its industry -15.2% · Lead over NIFTY 500 -18.7% · 1 year -27.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21 + 10.5 + 19.9 + 1.6 = 53 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Rashtriya Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/rashtriya-chemicals-fertilizers-ltd) RCF · quiet · Evidence leans up · 81% evidence 50.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 17.5% · Profit 56.8% · Operating margin change 1.3 points · 88% evidence Capital efficiency 7.3/25 · ROCE 10.4% · Operating margin 6% · 100% evidence Valuation 11.4/20 · P/E 12.4× · PEG 0.9 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.2% · 1 year -37.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24.4 + 7.3 + 11.4 + 7.5 = 50.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Gujarat State Fertilizers & Chemicals Ltd this page GSFC · quiet · Evidence leans down · 81% evidence 47.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 29.2% · Profit 7.8% · Operating margin change -3 points · 88% evidence Capital efficiency 4.7/25 · ROCE 7.2% · Operating margin 6% · 100% evidence Valuation 16.0/20 · P/E 7.7× · PEG 0.3 · 100% evidence Relative strength 9.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.2% · 1 year -30.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18 + 4.7 + 16 + 9 = 47.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Southern Petrochemicals Industries Corporation Ltd](https://www.sectoralpha.in/stocks/southern-petrochemicals-industries-corporation-ltd) SPIC · quiet · Evidence leans down · 89% evidence 46.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue -2.9% · Profit 28.3% · Operating margin change -5 points · 88% evidence Capital efficiency 14.3/25 · ROCE 16.8% · Operating margin 7% · 100% evidence Valuation 14.8/20 · P/E 5.5× · PEG 0.45 · 65% evidence Relative strength 6.6/20 · Lead over its industry -13.2% · Lead over NIFTY 500 -16.8% · 1 year -38.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 14.3 + 14.8 + 6.6 = 46.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Deepak Fertilisers & Petrochemicals Corp Ltd](https://www.sectoralpha.in/stocks/deepak-fertilisers-petrochemicals-corp-ltd) DEEPAKFERT · quiet · Evidence leans down · 96% evidence 45.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 13.6% · Profit -0.5% · Operating margin change 7 points · 88% evidence Capital efficiency 12.8/25 · ROCE 11.4% · Operating margin 26% · 100% evidence Valuation 11.1/20 · P/E 14.1× · PEG 0.57 · 100% evidence Relative strength 5.9/20 · Lead over its industry -6.4% · Lead over NIFTY 500 -10.6% · 1 year -26.2% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.8 + 12.8 + 11.1 + 5.9 = 45.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [National Fertilizer Ltd](https://www.sectoralpha.in/stocks/national-fertilizer-ltd) NFL · quiet · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative
12. [Paradeep Phosphates Ltd](https://www.sectoralpha.in/stocks/paradeep-phosphates-ltd) PARADEEP · quiet · Evidence leans down · 67% evidence 44.5 out of 100 Growth Capital Valuation Relative
13. [Madras Fertilizers Ltd](https://www.sectoralpha.in/stocks/madras-fertilizers-ltd) MADRASFERT · quiet · Evidence leans down · 74% evidence 43.3 out of 100 Growth Capital Valuation Relative
14. [Coromandel International Ltd](https://www.sectoralpha.in/stocks/coromandel-international-ltd) COROMANDEL · quiet · Evidence leans down · 81% evidence 41.5 out of 100 Growth Capital Valuation Relative
15. [Fertilizers & Chemicals Travancore Ltd](https://www.sectoralpha.in/stocks/fertilizers-chemicals-travancore-ltd) FACT · quiet · Most evidence points down · 76% evidence 25.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Fertilisers](https://www.sectoralpha.in/sectors/fertilisers), all 15 compared on one page. ## Which companies are close to GSFC in size? GSFC is the 9th largest of 15 Fertilisers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Madhya Bharat Agro Products, Gujarat Narmada Valley Fertilizers & Chemicals and Krishana Phoschem. Just below it: Rashtriya Chemicals & Fertilizers, National Fertilizer and Southern Petrochemicals Industries Corporation. ### Fertilisers companies close in size

1. [Madhya Bharat Agro Products Ltd](https://www.sectoralpha.in/stocks/madhya-bharat-agro-products-ltd) ₹8,127 crore
2. [Gujarat Narmada Valley Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-narmada-valley-fertilizers-chemicals-ltd) ₹7,415 crore
3. [Krishana Phoschem Ltd](https://www.sectoralpha.in/stocks/krishana-phoschem-ltd) ₹7,065 crore
4. Gujarat State Fertilizers & Chemicals Ltd ₹5,311 crore
5. [Rashtriya Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/rashtriya-chemicals-fertilizers-ltd) ₹5,165 crore
6. [National Fertilizer Ltd](https://www.sectoralpha.in/stocks/national-fertilizer-ltd) ₹2,877 crore
7. [Southern Petrochemicals Industries Corporation Ltd](https://www.sectoralpha.in/stocks/southern-petrochemicals-industries-corporation-ltd) ₹1,133 crore

[All 15 Fertilisers companies, largest first](https://www.sectoralpha.in/sectors/fertilisers#all-companies)

### Companies close in size in other industries

1. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) ₹5,371 crore · Castings, Forgings & Fastners
2. [L G Balakrishnan & Bros Ltd](https://www.sectoralpha.in/stocks/l-g-balakrishnan-bros-ltd) ₹5,336 crore · Auto Ancillaries - 2 Wheelers
3. Gujarat State Fertilizers & Chemicals Ltd ₹5,311 crore
4. [Greenlam Industries Ltd](https://www.sectoralpha.in/stocks/greenlam-industries-ltd) ₹5,283 crore · Plywood Boards/Laminates
5. [Nxt-Infra Trust](https://www.sectoralpha.in/stocks/nxt-infra-trust) ₹5,272 crore · Infra/Real Estate Investment Trust

## What else do people ask about GSFC? ### What is GSFC's share price today? Gujarat State Fertilizers & Chemicals Ltd's share price is ₹136.18, −28.6% over the past year. The whole company is worth ₹5,438 Cr on the market. In the last 52 weeks it traded between ₹133 to ₹192; today it is 5% of the way up from the low, 16.4% below its 200-day average (as of 3 November 2026). ### What were GSFC's latest quarterly results? Gujarat State Fertilizers & Chemicals Ltd reported revenue of ₹3,583 Cr and net profit of ₹159 Cr for the Jun 2026 quarter. Revenue rose 64.1% and profit rose 14.4% compared with a year earlier. Earnings per share were ₹3.98 (as of 3 November 2026). ### What is GSFC's market cap? Gujarat State Fertilizers & Chemicals Ltd's market capitalisation is ₹5,438 Cr at a share price of ₹136.18. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is GSFC performing? Gujarat State Fertilizers & Chemicals Ltd's share price has been falling for 53 weeks. In its latest quarter, revenue rose 64.1% and profit rose 14.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 6 weeks running (as of 3 November 2026). ### Will GSFC's share price go up? This page does not forecast Gujarat State Fertilizers & Chemicals Ltd's share price. What it shows instead: the share price is ₹136.18, and it has been falling for 53 weeks. Its P/E of 7.8× is higher than 27% of its own last 11 years (as of 3 November 2026). ### Who owns GSFC? Promoters own 37.8% of Gujarat State Fertilizers & Chemicals Ltd, foreign institutions 12.5%, domestic institutions 5.8% and the public 38.2% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does GSFC have too much debt? No, Gujarat State Fertilizers & Chemicals Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 56 times its interest bill. FY26 borrowings were ₹27.0 Cr against equity of ₹12,267 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is GSFC in its business cycle? Gujarat State Fertilizers & Chemicals Ltd's FY26 operating margin was 7.0%, against a 13-year range of 4.1% to 15.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the GSFC story? The main question: profits are rising, but only −3% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is GSFC a stock worth studying right now? What the numbers show: Gujarat State Fertilizers & Chemicals Ltd's earnings have grown faster than its share price. Earnings per share grew +13.8% in a year while the price moved −28.6%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a GSFC share price forecast for 2026? What management itself guided: FY27 fertilizer sales above 22 lakh metric tons, including trading. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india

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