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Gujarat State Fertilizers & Chemicals

Executive Summary

Gujarat State Fertilizers & Chemicals Limited manufactures and sells fertilizers and industrial products in India.


Snowflake Analysis

Good value average dividend payer.


Similar Companies

Share Price & News

How has Gujarat State Fertilizers & Chemicals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GSFC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.0%

GSFC

4.0%

IN Chemicals

2.1%

IN Market


1 Year Return

-13.5%

GSFC

18.5%

IN Chemicals

2.4%

IN Market

Return vs Industry: GSFC underperformed the Indian Chemicals industry which returned 18.5% over the past year.

Return vs Market: GSFC underperformed the Indian Market which returned 2.4% over the past year.


Shareholder returns

GSFCIndustryMarket
7 Day6.0%4.0%2.1%
30 Day6.1%5.9%4.5%
90 Day54.7%19.0%21.8%
1 Year-10.9%-13.5%21.2%18.5%4.3%2.4%
3 Year-45.6%-49.0%38.1%30.1%5.2%0.2%
5 Year-3.9%-15.2%105.2%87.8%29.7%20.0%

Price Volatility Vs. Market

How volatile is Gujarat State Fertilizers & Chemicals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gujarat State Fertilizers & Chemicals undervalued compared to its fair value and its price relative to the market?

32.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GSFC (₹63.05) is trading below our estimate of fair value (₹92.96)

Significantly Below Fair Value: GSFC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GSFC is poor value based on its PE Ratio (22.9x) compared to the IN Chemicals industry average (12.9x).

PE vs Market: GSFC is poor value based on its PE Ratio (22.9x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: GSFC is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: GSFC is good value based on its PB Ratio (0.4x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is Gujarat State Fertilizers & Chemicals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

49.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GSFC's forecast earnings growth (49.7% per year) is above the savings rate (7.2%).

Earnings vs Market: GSFC's earnings (49.7% per year) are forecast to grow faster than the Indian market (23.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GSFC's revenue (5.4% per year) is forecast to grow slower than the Indian market (10% per year).

High Growth Revenue: GSFC's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GSFC's Return on Equity is forecast to be low in 3 years time (4.6%).


Next Steps

Past Performance

How has Gujarat State Fertilizers & Chemicals performed over the past 5 years?

-11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSFC has high quality earnings.

Growing Profit Margin: GSFC's current net profit margins (1.4%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: GSFC's earnings have declined by 11.1% per year over the past 5 years.

Accelerating Growth: GSFC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GSFC had negative earnings growth (-77.8%) over the past year, making it difficult to compare to the Chemicals industry average (1.4%).


Return on Equity

High ROE: GSFC's Return on Equity (1.6%) is considered low.


Next Steps

Financial Health

How is Gujarat State Fertilizers & Chemicals's financial position?


Financial Position Analysis

Short Term Liabilities: GSFC's short term assets (₹44.7B) exceed its short term liabilities (₹23.6B).

Long Term Liabilities: GSFC's short term assets (₹44.7B) exceed its long term liabilities (₹9.0B).


Debt to Equity History and Analysis

Debt Level: GSFC's debt to equity ratio (21.9%) is considered satisfactory.

Reducing Debt: GSFC's debt to equity ratio has increased from 16.6% to 21.9% over the past 5 years.

Debt Coverage: GSFC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GSFC's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Gujarat State Fertilizers & Chemicals's current dividend yield, its reliability and sustainability?

1.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GSFC's dividend (1.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.63%).

High Dividend: GSFC's dividend (1.9%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).


Stability and Growth of Payments

Stable Dividend: GSFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: GSFC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.6%), GSFC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GSFC's dividends in 3 years are forecast to be well covered by earnings (41.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.6yrs

Average management tenure


CEO

Gujarat State Fertilizers & Chemicals has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Vishvesh Nanavaty
Executive Director of Finance & CFO7.58yrsno datano data
Samir Bhatt
Senior Vice President of OP-Ino datano datano data
J. Mandavia
VP of IR0.58yrno datano data
Vishvesh Vachhrajani
Company Secretary & Senior VP of Legalno datano datano data
Mayur Garg
Senior Vice President of Marketing0.58yrno datano data
Sandeep Purohit
Senior Vice President of Human Resources2.58yrsno datano data
Ashok Jauhari
Senior Vice President of IPno datano datano data
V. Mishra
Chief of Safety & Fire Serviceno datano datano data
Dilip Thakker
Senior Vice Presidentno datano datano data
Harshad Kumar Gurjar
Senior Vice President of Project0.42yrno datano data
Dilip Pathakjee
Senior VP of MMno datano datano data
Sandeep Parikh
Senior Vice President of I&M Bureauno datano datano data

0.6yrs

Average Tenure

51yo

Average Age

Experienced Management: GSFC's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Divyabhash Anjaria
Independent Non-Executive Director14.08yrs₹180.00k0.00036%
₹ 90.4k
Vijai Kapoor
Independent Non-Executive Director14.08yrs₹70.00kno data
Vasant Gandhi
Independent Non-Executive Director14.08yrs₹200.00kno data
Ajay Shah
Independent Non-Executive Director14.08yrs₹10.00kno data
Arvind Agarwal
Chairman of the Board0.67yr₹50.00kno data
Geeta Goradia
Independent Non-Executive Woman Director6yrs₹110.00kno data
Pankaj Joshi
Director0.67yrno datano data
Sunaina Tomar
Additional Non–Executive Director0.58yrno datano data

10.0yrs

Average Tenure

66yo

Average Age

Experienced Board: GSFC's board of directors are seasoned and experienced ( 10 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gujarat State Fertilizers & Chemicals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gujarat State Fertilizers & Chemicals Limited
  • Ticker: GSFC
  • Exchange: NSEI
  • Founded: 1962
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹25.124b
  • Shares outstanding: 398.48m
  • Website: https://www.gsfclimited.com

Number of Employees


Location

  • Gujarat State Fertilizers & Chemicals Limited
  • P. O. Fertilizernagar
  • Vadodara District
  • Vadodara
  • Gujarat
  • 391750
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500690BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1995
GSFCNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1995

Biography

Gujarat State Fertilizers & Chemicals Limited manufactures and sells fertilizers and industrial products in India. The company offers industrial products, such as anhydrous ammonia, argon gas, caprolactam, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 12:43
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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 here.