GHCL Past Earnings Performance
Past criteria checks 1/6
GHCL's earnings have been declining at an average annual rate of -0.5%, while the Chemicals industry saw earnings growing at 6.5% annually. Revenues have been declining at an average rate of 3.5% per year. GHCL's return on equity is 13.3%, and it has net margins of 15.4%.
Key information
-0.52%
Earnings growth rate
-0.49%
EPS growth rate
| Chemicals Industry Growth | 17.68% |
| Revenue growth rate | -3.52% |
| Return on equity | 13.30% |
| Net Margin | 15.42% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Analysis Article • Jun 08
We Think That There Are More Issues For GHCL (NSE:GHCL) Than Just Sluggish Earnings
GHCL Limited's ( NSE:GHCL ) recent weak earnings report didn't cause a big stock movement. We think that investors are...Analysis Article • Feb 01
GHCL Limited Just Beat Revenue By 5.6%: Here's What Analysts Think Will Happen Next
As you might know, GHCL Limited ( NSE:GHCL ) recently reported its quarterly numbers. It was a workmanlike result, with...
Narrative Update • Jan 27
GHCL: Completed Share Buyback Will Support Future Upside Potential
Analysts have maintained their fair value estimate for GHCL at ₹850, citing only marginal adjustments to the discount rate, revenue growth, profit margin and forward P/E assumptions that were not significant enough to change their overall price target view. What's in the News A board meeting is scheduled for January 29, 2026 to review and approve unaudited standalone and consolidated financial results for the quarter and period ended December 31, 2025, along with other business items (company filing).Narrative Update • Jan 09
GHCL: Share Buyback And Higher Future P/E Will Support Upside
The analyst fair value estimate for GHCL has shifted from ₹775.50 to ₹850.00, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations as the key drivers of this change. What's in the News Board meeting scheduled for January 29, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, along with other business items (company filing).
Narrative Update • Dec 15
GHCL: Share Buyback Will Drive Improved Capital Returns Ahead
Analysts have trimmed their price target on GHCL from ₹900 to ₹850, citing slightly softer expectations for revenue growth, profit margins, and future valuation multiples, despite a marginally lower discount rate. What's in the News On November 1, 2025, the Board of Directors approved a share buyback plan, initiating a capital return to shareholders (Key Developments).Analysis Article • Nov 05
GHCL Limited Just Missed Earnings - But Analysts Have Updated Their Models
GHCL Limited ( NSE:GHCL ) missed earnings with its latest second-quarter results, disappointing overly-optimistic...Analysis Article • Jul 18
GHCL Limited's (NSE:GHCL) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights GHCL will host its Annual General Meeting on 24th of July Salary of ₹35.7m is part of CEO Ravi Jalan's...Analysis Article • Jul 03
Why GHCL's (NSE:GHCL) Shaky Earnings Are Just The Beginning Of Its Problems
GHCL Limited's ( NSE:GHCL ) stock showed strength, with investors undeterred by its weak earnings report. We think that...Analysis Article • Jun 20
Does GHCL (NSE:GHCL) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • May 11
₹820 - That's What Analysts Think GHCL Limited (NSE:GHCL) Is Worth After These Results
Last week saw the newest yearly earnings release from GHCL Limited ( NSE:GHCL ), an important milestone in the...Analysis Article • Apr 10
Little Excitement Around GHCL Limited's (NSE:GHCL) Earnings
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 25x, you may consider GHCL...
New Narrative • Feb 09
Soda Ash Demand And New Projects In India Set To Expand Future Prospects
Strategic projects and favorable trade policies could boost long-term margins and revenue through diversified resources and reduced import competition.Analysis Article • Feb 05
Earnings Update: GHCL Limited (NSE:GHCL) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
GHCL Limited ( NSE:GHCL ) came out with its third-quarter results last week, and we wanted to see how the business is...Analysis Article • Jan 01
Is GHCL (NSE:GHCL) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Dec 04
Sentiment Still Eluding GHCL Limited (NSE:GHCL)
GHCL Limited's ( NSE:GHCL ) price-to-earnings (or "P/E") ratio of 11.6x might make it look like a strong buy right now...Analysis Article • Aug 03
Benign Growth For GHCL Limited (NSE:GHCL) Underpins Its Share Price
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 35x, you may consider GHCL...Analysis Article • Jul 01
GHCL Limited's (NSE:GHCL) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights GHCL's Annual General Meeting to take place on 8th of July CEO Ravi Jalan's total compensation includes...Analysis Article • May 27
GHCL (NSE:GHCL) Is Paying Out Less In Dividends Than Last Year
GHCL Limited's ( NSE:GHCL ) dividend is being reduced from last year's payment covering the same period to ₹12.00 on...Analysis Article • May 21
Bearish: This Analyst Is Revising Their GHCL Limited (NSE:GHCL) Revenue and EPS Prognostications
One thing we could say about the covering analyst on GHCL Limited ( NSE:GHCL ) - they aren't optimistic, having just...Analysis Article • May 14
GHCL's (NSE:GHCL) Weak Earnings May Only Reveal A Part Of The Whole Picture
Last week's earnings announcement from GHCL Limited ( NSE:GHCL ) was disappointing to investors, with a sluggish profit...Analysis Article • Feb 06
GHCL Limited's (NSE:GHCL) Earnings Are Not Doing Enough For Some Investors
With a price-to-earnings (or "P/E") ratio of 5.5x GHCL Limited ( NSE:GHCL ) may be sending very bullish signals at the...Analysis Article • Aug 11
One GHCL Limited (NSE:GHCL) Analyst Is Reducing Their Forecasts For This Year
One thing we could say about the covering analyst on GHCL Limited ( NSE:GHCL ) - they aren't optimistic, having just...Analysis Article • Jun 10
GHCL (NSE:GHCL) Will Pay A Larger Dividend Than Last Year At ₹17.50
GHCL Limited ( NSE:GHCL ) will increase its dividend from last year's comparable payment on the 31st of July to ₹17.50...Analysis Article • May 21
GHCL's (NSE:GHCL) Shareholders Will Receive A Bigger Dividend Than Last Year
GHCL Limited ( NSE:GHCL ) will increase its dividend from last year's comparable payment on the 31st of July to ₹17.50...Analysis Article • Feb 11
Bullish: Analysts Just Made An Incredible Upgrade To Their GHCL Limited (NSE:GHCL) Forecasts
GHCL Limited ( NSE:GHCL ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Analysis Article • Nov 08
Robust Earnings May Not Tell The Whole Story For GHCL (NSE:GHCL)
GHCL Limited's ( NSE:GHCL ) robust earnings report didn't manage to move the market for its stock. Our analysis...Analysis Article • Sep 30
Do GHCL's (NSE:GHCL) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Aug 04
Just In: One Analyst Has Become A Lot More Bullish On GHCL Limited's (NSE:GHCL) Earnings
Shareholders in GHCL Limited ( NSE:GHCL ) may be thrilled to learn that the covering analyst has just delivered a major...Analysis Article • Jul 08
A Look At The Fair Value Of GHCL Limited (NSE:GHCL)
How far off is GHCL Limited ( NSE:GHCL ) from its intrinsic value? Using the most recent financial data, we'll take a...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How GHCL makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 30,642 | 4,725 | 1,235 | 0 |
| 31 Dec 25 | 30,552 | 5,071 | 1,247 | 0 |
| 30 Sep 25 | 30,774 | 5,695 | 1,241 | 0 |
| 30 Jun 25 | 31,489 | 6,176 | 1,222 | 0 |
| 31 Mar 25 | 31,835 | 6,242 | 1,190 | 0 |
| 31 Dec 24 | 32,254 | 5,988 | 1,138 | 0 |
| 30 Sep 24 | 32,451 | 5,302 | 1,125 | 0 |
| 30 Jun 24 | 32,584 | 5,182 | 1,170 | 0 |
| 31 Mar 24 | 34,465 | 7,939 | 1,157 | 0 |
| 31 Dec 23 | 37,388 | 9,198 | 1,261 | 0 |
| 30 Sep 23 | 40,431 | 10,740 | 1,344 | 0 |
| 30 Jun 23 | 44,141 | 12,206 | 1,366 | 0 |
| 31 Mar 23 | 45,509 | 11,158 | 1,367 | 0 |
| 31 Dec 22 | 53,013 | 11,659 | 1,896 | 0 |
| 30 Sep 22 | 50,243 | 10,712 | 1,758 | 0 |
| 30 Jun 22 | 44,461 | 8,640 | 1,657 | 0 |
| 31 Mar 22 | 30,521 | 4,460 | 1,116 | 0 |
| 31 Dec 21 | 36,349 | 4,584 | 1,950 | 0 |
| 30 Sep 21 | 34,782 | 4,413 | 1,931 | 0 |
| 30 Jun 21 | 33,021 | 4,158 | 1,882 | 0 |
| 31 Mar 21 | 24,912 | 3,068 | 1,343 | 0 |
| 31 Dec 20 | 28,143 | 2,998 | 1,933 | 0 |
| 30 Sep 20 | 28,395 | 2,792 | 1,951 | 0 |
| 30 Jun 20 | 28,685 | 3,116 | 2,056 | 0 |
| 31 Mar 20 | 33,051 | 3,966 | 2,191 | 0 |
| 31 Dec 19 | 34,725 | 4,303 | 2,289 | 0 |
| 30 Sep 19 | 34,792 | 4,343 | 2,363 | 0 |
| 30 Jun 19 | 34,707 | 3,853 | 2,359 | 0 |
| 31 Mar 19 | 33,413 | 3,506 | 2,309 | 0 |
| 31 Mar 18 | 29,192 | 3,564 | 2,053 | 0 |
| 31 Mar 17 | 27,838 | 3,801 | 1,871 | 0 |
| 31 Mar 16 | 25,307 | 2,578 | 1,516 | 0 |
Quality Earnings: GHCL has high quality earnings.
Growing Profit Margin: GHCL's current net profit margins (15.4%) are lower than last year (19.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GHCL's earnings have declined by 0.5% per year over the past 5 years.
Accelerating Growth: GHCL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GHCL had negative earnings growth (-24.3%) over the past year, making it difficult to compare to the Chemicals industry average (13.6%).
Return on Equity
High ROE: GHCL's Return on Equity (13.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 07:38 |
| End of Day Share Price | 2026/07/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
GHCL Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Emkay Global Financial Services Ltd. |
| Meet Vora | Emkay Global Financial Services Ltd. |