About
Gujarat Narmada Valley Fertilizers & Chemicals Limited manufactures and markets fertilizers and chemicals in India and internationally. It operates in two segments, Chemical and Fertilizers. The Chemical segment offers chemicals and petrochemicals plants such as methanol, formic acid, acetic acid, toluene di- isocyanate (TDI), technical grade urea (TGU), weak nitric acid, concentrated nitric acid, ethyl acetate, aniline and ammonium nitrate. The Fertilizers segment provides urea and ammonium nitro phosphate under the Bharat brand name. In addition, it offers various information technology related hardware and software services. The company was formerly known as Gujarat Narmada Valley Fertilizers Co. Ltd. Gujarat Narmada Valley Fertilizers & Chemicals Limited was incorporated in 1976 and is headquartered in Bharuch, India.
Key Metrics
as of Sep 2026Market Cap8,766 Cr
P/E8.45
Div Yield3.52 %
Book Value₹620.00
52w High₹619.00
52w Low₹365.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,238.00 | 2,208.00 | 1,996.00 | 1,968.00 | 1,601.00 | 2,055.00 | 1,899.00 | 1,917.00 | 2,021.00 | 2,110.00 | 2,088.00 | 2,080.00 | 1,652.00 |
| Expenses | 1,845.00 | 1,726.00 | 1,815.00 | 1,783.00 | 1,570.00 | 1,815.00 | 1,767.00 | 1,827.00 | 1,868.00 | 1,965.00 | 2,004.00 | 1,911.00 | 1,547.00 |
| Operating Profit | 393.00 | 482.00 | 181.00 | 185.00 | 31.00 | 240.00 | 132.00 | 90.00 | 153.00 | 145.00 | 84.00 | 169.00 | 105.00 |
| OPM % | 18.00 | 22.00 | 9.00 | 9.00 | 1.90 | 12.00 | 7.00 | 4.70 | 8.00 | 7.00 | 4.00 | 8.00 | 6.00 |
| Other Income | 101.00 | 125.00 | 97.00 | 127.00 | 150.00 | 122.00 | 157.00 | 123.00 | 99.00 | 108.00 | 121.00 | 152.00 | 88.00 |
| Depreciation | 76.00 | 79.00 | 73.00 | 81.00 | 74.00 | 74.00 | 75.00 | 76.00 | 78.00 | 78.00 | 76.00 | 78.00 | 76.00 |
| Interest | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 1.00 | 3.00 | 2.00 | 17.00 | 4.00 | 7.00 | 1.00 | 1.00 |
| Profit before tax | 416.00 | 526.00 | 204.00 | 230.00 | 105.00 | 287.00 | 211.00 | 135.00 | 157.00 | 171.00 | 122.00 | 242.00 | 116.00 |
| Tax % | 25.00 | 25.00 | 26.00 | 23.00 | 26.00 | 27.00 | 25.00 | 24.00 | 27.00 | 26.00 | 22.00 | 26.00 | 27.00 |
| Net Profit | 312.00 | 396.00 | 150.00 | 179.00 | 83.00 | 211.00 | 163.00 | 105.00 | 118.00 | 130.00 | 97.00 | 182.00 | 88.00 |
| EPS in Rs | 21.23 | 26.95 | 10.21 | 12.18 | 5.65 | 14.36 | 11.09 | 7.15 | 8.03 | 8.85 | 6.60 | 11.71 | 5.66 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,773.00 | 7,892.00 | 7,930.00 | 10,227.00 | 8,642.00 | 5,129.00 | 5,162.00 | 5,896.00 | 5,837.00 | 4,589.00 | 4,552.00 | 4,642.00 |
| Expenses | 6,895.00 | 7,277.00 | 7,428.00 | 8,348.00 | 6,259.00 | 4,125.00 | 4,621.00 | 5,022.00 | 4,445.00 | 4,228.00 | 3,989.00 | 4,662.00 |
| Operating Profit | 879.00 | 615.00 | 502.00 | 1,879.00 | 2,384.00 | 1,003.00 | 542.00 | 874.00 | 1,392.00 | 361.00 | 563.00 | -21.00 |
| OPM % | 11.00 | 8.00 | 6.00 | 18.00 | 28.00 | 20.00 | 10.00 | 15.00 | 24.00 | 8.00 | 12.00 | -0.40 |
| Other Income | 499.00 | 501.00 | 469.00 | 361.00 | 209.00 | 237.00 | 153.00 | 215.00 | 140.00 | 809.00 | 252.00 | 52.00 |
| Interest | 6.00 | 23.00 | 13.00 | 5.00 | 3.00 | 20.00 | 5.00 | 6.00 | 100.00 | 203.00 | 297.00 | 274.00 |
| Depreciation | 307.00 | 303.00 | 308.00 | 303.00 | 292.00 | 272.00 | 264.00 | 263.00 | 270.00 | 251.00 | 251.00 | 209.00 |
| Profit before tax | 1,065.00 | 790.00 | 651.00 | 1,932.00 | 2,298.00 | 948.00 | 425.00 | 819.00 | 1,162.00 | 715.00 | 268.00 | -452.00 |
| Tax % | 25.00 | 26.00 | 26.00 | 24.00 | 26.00 | 27.00 | -17.00 | 10.00 | 32.00 | 27.00 | 35.00 | 0.00 |
| Net Profit | 809.00 | 598.00 | 497.00 | 1,472.00 | 1,710.00 | 697.00 | 508.00 | 750.00 | 795.00 | 529.00 | 180.00 | -443.00 |
| EPS in Rs | 55.03 | 40.68 | 33.83 | 94.68 | 110.05 | 44.84 | 32.69 | 48.24 | 51.15 | 34.02 | 11.57 | -28.50 |
| Dividend Payout % | 38.00 | 44.00 | 49.00 | 32.00 | 9.00 | 18.00 | 15.00 | 15.00 | 15.00 | 15.00 | 17.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 147.00 | 147.00 | 147.00 | 155.00 | 155.00 | 155.00 | 155.00 | 155.00 | 155.00 | 155.00 | 155.00 | 155.00 |
| Reserves | 8,968.00 | 8,429.00 | 8,162.00 | 8,950.00 | 7,835.00 | 5,913.00 | 5,144.00 | 4,909.00 | 4,362.00 | 3,700.00 | 3,168.00 | 2,364.00 |
| Borrowings | 5.00 | 106.00 | 3.00 | 2.00 | 2.00 | 4.00 | 860.00 | 208.00 | 303.00 | 1,959.00 | 3,101.00 | 3,844.00 |
| Other Liabilities | 2,282.00 | 2,366.00 | 2,405.00 | 2,613.00 | 2,764.00 | 2,321.00 | 2,261.00 | 2,337.00 | 2,411.00 | 2,142.00 | 2,130.00 | 2,164.00 |
| Total Liabilities | 11,403.00 | 11,047.00 | 10,717.00 | 11,720.00 | 10,755.00 | 8,394.00 | 8,421.00 | 7,609.00 | 7,231.00 | 7,956.00 | 8,555.00 | 8,527.00 |
| Fixed Assets | 2,882.00 | 3,094.00 | 3,238.00 | 3,381.00 | 3,578.00 | 3,720.00 | 3,810.00 | 3,959.00 | 4,161.00 | 4,442.00 | 4,367.00 | 4,468.00 |
| CWIP | 900.00 | 382.00 | 289.00 | 187.00 | 138.00 | 161.00 | 82.00 | 25.00 | 14.00 | 14.00 | 9.00 | 13.00 |
| Investments | 1,693.00 | 2,304.00 | 3,030.00 | 3,205.00 | 1,313.00 | 938.00 | 673.00 | 799.00 | 785.00 | 816.00 | 775.00 | 184.00 |
| Other Assets | 5,928.00 | 5,268.00 | 4,160.00 | 4,946.00 | 5,727.00 | 3,575.00 | 3,856.00 | 2,826.00 | 2,271.00 | 2,683.00 | 3,404.00 | 3,861.00 |
| Total Assets | 11,403.00 | 11,047.00 | 10,717.00 | 11,720.00 | 10,755.00 | 8,394.00 | 8,421.00 | 7,609.00 | 7,231.00 | 7,956.00 | 8,555.00 | 8,527.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 654.00 | 605.00 | 31.00 | 1,373.00 | 1,967.00 | 1,884.00 | 286.00 | 701.00 | 1,819.00 | 1,445.00 | 996.00 | 490.00 |
| Cash from Investing Activity | -230.00 | -466.00 | 1,235.00 | -1,229.00 | -1,899.00 | -856.00 | -901.00 | -310.00 | 49.00 | -53.00 | 36.00 | -284.00 |
| Cash from Financing Activity | -269.00 | -262.00 | -1,281.00 | -160.00 | -130.00 | -934.00 | 546.00 | -185.00 | -1,400.00 | -1,073.00 | -1,037.00 | -363.00 |
| Net Cash Flow | 155.00 | -123.00 | -14.00 | -16.00 | -62.00 | 95.00 | -69.00 | 206.00 | 468.00 | 320.00 | -5.00 | -156.00 |
| Free Cash Flow | 108.00 | 154.00 | -218.00 | 1,202.00 | 1,829.00 | 1,669.00 | 155.00 | 603.00 | 1,850.00 | 1,358.00 | 931.00 | 207.00 |
| CFO/OP % | 111.00 | 128.00 | 49.00 | 104.00 | 109.00 | 210.00 | 62.00 | 93.00 | 146.00 | 422.00 | 179.00 | -2,423.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30.00 | 20.00 | 29.00 | 13.00 | 26.00 | 36.00 | 100.00 | 77.00 | 70.00 | 88.00 | 119.00 | 107.00 |
| Inventory Days | 95.00 | 105.00 | 94.00 | 84.00 | 91.00 | 129.00 | 125.00 | 106.00 | 98.00 | 110.00 | 107.00 | 98.00 |
| Days Payable | 41.00 | 40.00 | 42.00 | 42.00 | 59.00 | 63.00 | 68.00 | 50.00 | 61.00 | 57.00 | 40.00 | 39.00 |
| Cash Conversion Cycle | 85.00 | 84.00 | 81.00 | 55.00 | 58.00 | 103.00 | 156.00 | 132.00 | 107.00 | 142.00 | 186.00 | 166.00 |
| Working Capital Days | 157.00 | 61.00 | 58.00 | 46.00 | 97.00 | 68.00 | 117.00 | 76.00 | 57.00 | 27.00 | 8.00 | 9.00 |
| ROCE % | 12.00 | 10.00 | 8.00 | 23.00 | 33.00 | 16.00 | 8.00 | 16.00 | 24.00 | 10.00 | 9.00 | — |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 02 Sep 2025 | 02 Sep 2025 | — | 18.00 | |
| Other | 12 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 06 Sep 2024 | 06 Sep 2024 | — | 16.50 | |
| Other | 24 Nov 2023 | 24 Nov 2023 | — | — | Buy Back of Shares |
| Other | 24 Nov 2023 | 24 Nov 2023 | — | — | Buy Back |
| Dividend | 18 Sep 2023 | — | — | 30.00 | |
| Dividend | 19 Sep 2022 | — | — | 10.00 | |
| Dividend | 18 Aug 2021 | — | — | 8.00 | |
| Dividend | 20 Aug 2020 | — | — | 5.00 | |
| Dividend | 22 Aug 2019 | — | — | 7.00 | |
| Dividend | 23 Aug 2018 | — | — | 7.50 | |
| Dividend | 16 Aug 2017 | — | — | 5.00 | |
| Dividend | 25 Aug 2016 | — | — | 2.00 | |
| Other | 20 Aug 2015 | — | — | — | Annual General Meeting |
| Dividend | 21 Aug 2014 | — | — | 3.50 | |
| Dividend | 22 Aug 2013 | — | — | 3.50 | |
| Dividend | 23 Aug 2012 | — | — | 3.50 | |
| Dividend | 25 Aug 2011 | — | — | 3.25 | |
| Dividend | 02 Sep 2010 | — | — | 3.25 | |
| Dividend | 18 Aug 2009 | — | — | 3.25 | |
| Other | 18 Aug 2009 | — | — | — | Dividend-Rs.3.25 Pr Share |
| Dividend | 20 Aug 2008 | — | — | 4.25 | |
| Dividend | 14 Aug 2007 | — | — | 4.25 | |
| Dividend | 16 Aug 2006 | — | — | 4.25 | |
| Dividend | 29 Jul 2005 | — | — | 3.75 | |
| Dividend | 17 Jul 2001 | — | — | 2.70 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update7 Aug from smera
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Rating update16 May 2025 from smera
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Rating update16 Feb 2024 from smera
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Rating update13 Oct 2023 from brickwork
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Rating update12 Sep 2023 from smera
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Rating update9 Aug 2022 from brickwork