Executive Summary
Gujarat State Fertilizers & Chemicals Limited manufactures and sells fertilizers and industrial products in India.
Rewards
Risk Analysis
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
| GSFC | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.0% | 4.0% | 2.1% |
| 30 Day | 6.1% | 5.9% | 4.5% |
| 90 Day | 54.7% | 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
1 day ago | Simply Wall St
Gujarat State Fertilizers & Chemicals (NSE:GSFC) Takes On Some Risk With Its Use Of Debt2 weeks ago | Simply Wall St
What Does Gujarat State Fertilizers & Chemicals Limited's (NSE:GSFC) Share Price Indicate?1 month ago | Simply Wall St
Returns On Capital At Gujarat State Fertilizers & Chemicals (NSE:GSFC) Paint An Interesting PictureValuation
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director of Finance & CFO | 7.58yrs | no data | no data | |
| Senior Vice President of OP-I | no data | no data | no data | |
| VP of IR | 0.58yr | no data | no data | |
| Company Secretary & Senior VP of Legal | no data | no data | no data | |
| Senior Vice President of Marketing | 0.58yr | no data | no data | |
| Senior Vice President of Human Resources | 2.58yrs | no data | no data | |
| Senior Vice President of IP | no data | no data | no data | |
| Chief of Safety & Fire Service | no data | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President of Project | 0.42yr | no data | no data | |
| Senior VP of MM | no data | no data | no data | |
| Senior Vice President of I&M Bureau | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 14.08yrs | ₹180.00k | 0.00036% ₹ 90.4k | |
| Independent Non-Executive Director | 14.08yrs | ₹70.00k | no data | |
| Independent Non-Executive Director | 14.08yrs | ₹200.00k | no data | |
| Independent Non-Executive Director | 14.08yrs | ₹10.00k | no data | |
| Chairman of the Board | 0.67yr | ₹50.00k | no data | |
| Independent Non-Executive Woman Director | 6yrs | ₹110.00k | no data | |
| Director | 0.67yr | no data | no data | |
| Additional Non–Executive Director | 0.58yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500690 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 1995 |
| GSFC | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/08 12:43 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.