Gujarat State Fertilizers & Chemicals Ltd Stock Analysis

BSE: 500690 | NSE: GSFC | Fertilizers | Small Cap

BSE Share Price 27-Mar-2023 18:01
118.95 -3.80 (-3.10%)

DeciZen - Make an Informed Decision on GSFC

Overall Rating

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

GSFC Price Chart

P/E Ratio ( SA) :
3.64
Market Cap :
4,891.3 Cr.
52-wk low :
114.7
52-wk high :
198.7
Bole Toh?

1. Is Gujarat State Fertilizers & Chemicals Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gujarat State Fertilizers & Chemicals Ltd is a below average quality company.

2. Is Gujarat State Fertilizers & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Gujarat State Fertilizers & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Gujarat State Fertilizers & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gujarat State Fertilizers & Chemicals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of GSFC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat State Fertilizers & Chemicals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 12.2%8%8.6%7.7%6.9%6.8%7%2.4%4.8%8.4%-
Value Creation Index -0.1-0.4-0.4-0.5-0.5-0.5-0.5-0.8-0.7-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6,2535,4125,3256,1085,2656,2718,5757,6217,5008,99610,933
YoY Gr. Rt. %--13.5%-1.6%14.7%-13.8%19.1%36.7%-11.1%-1.6%20%-
Adj EPS 14.19.710.611.111.112.513.539.921.933.8
YoY Gr. Rt. %--31%9.3%4.6%0.4%12.1%8.2%-77.7%227.2%121.9%-
BVPS (₹) 98.9105.2112138.2165182.2182.4170.6229.5292.8303.4
Adj Net Profit 5603874234434444985381203928711,345
Cash Flow from Ops. -8871,573258-242907361507-23.71,769252-
Debt/CF from Ops. -1.70.52.9-5.30.932.1-65.800-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.1%11.3%1.6%20%
Adj EPS 5%14.4%17.4%121.9%
BVPS 12.812.217.127.6
Share Price 7.4% 0.3% 50.7% -18.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 159.59.88.97.47.27.41.74.98.411.3
Op. Profit Mgn % 13.811.611.711.5109.69.54.67.714.715.5
Net Profit Mgn % 97.27.97.28.47.96.31.65.29.712.3
Debt to Equity 0.40.20.20.20.10.20.20.200-
Working Cap Days 1822292012182922542032372071660
Cash Conv. Cycle 125158135155198155122158119570

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.30%

Net Profit is growing at healthy rate in last 3 years 17.40%

Sales growth is good in last 4 quarters at 27.73%

Sales growth has been subdued in last 3 years 1.61%

Latest Financials - Gujarat State Fertilizers & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 33.8 33.3
TTM Sales (₹ Cr.) 10,933 11,018
BVPS (₹.) 303.4 305.7
Reserves (₹ Cr.) 12,010 12,100
P/BV 0.40 0.40
PE 3.64 3.68
From the Market
52 Week Low / High (₹) 114.65 / 198.70
All Time Low / High (₹) 1.80 / 198.70
Market Cap (₹ Cr.) 4,891
Equity (₹ Cr.) 79.7
Face Value (₹) 2
Industry PE 8.4

Management X-Ray of GSFC :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of GSFC

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Gujarat State Fertilizers & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of GSFC on 27-Mar-2023 18:01 is : 119.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Mar-2023 18:01 the market cap of GSFC stood at ₹ 4,891.3.
The latest PE ratio of GSFC as of 27-Mar-2023 18:01 is 3.64.
The latest PB ratio of GSFC as of 27-Mar-2023 18:01 is 0.40
The 52-week high of GSFC is ₹ 198.7 and the 52-week low is ₹ 114.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of GSFC is ₹ 10,933 ( Cr.) .

About Gujarat State Fertilizers & Chemicals Ltd

Gujarat State Fertilisers & Chemicals (GSFC) incorporated in 1962, is engaged in manufacturing of fertilizers and industrial products. It was earlier known as Gujarat State Fertilizer Company (GSFC) which was joint sector enterprise set up by the Government of Gujarat.

Earlier the equity structure consisted of 49% of State Government and the rest of public and financial institutions. Currently, the State Government has reduced its equity participation to 38.4%. The motive behind formation of this organisation was to support farmers.

The company’s manufacturing units is located at Kosamba, Sikka and Nandesari. It has marketing network spread across India in states like Andhra Pradesh, Chhatisgarh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Daman and Uttar Pradesh.

GSFC has set up several companies such as Gujarat Narmada Valley Fertilizers Company, Gujarat Industries Power Company, Gujarat Green Revolution Company, GSFC Investment and Leasing Company, GSFC-Polymer Unit and GSFC - Fiber Unit.

Products

GSFC has created more than 24 brands of fertilizers, petrochemicals, chemicals, industrial gases, plastics, fibers and other products.

Industrial Products- Under this it manufactures Anhydrous Ammonia, Argon Gas, Caprolactam, Melamine, Methyl Ethyl Ketoxime, Nylon-6, Oleum and Sulphuric Acid.

Agro products- In this segment the company manufactures a range of fertiliser, bio-fuels and seeds.

Biotech products- The Company manufactures range of biotech products under various brands such as Sardargib, Sardar Eco Green, Sardarvam, Sardartrap and Sardarlures, Sardarneem, Sardaramin and Sardaramin Granules.

Awards

GSFC bags National Award for Excellence in Cost Management for 2006.

The company received National Award for one of the best employers for disabled persons by Ministry of Social Justice and Empowerment, New Delhi.

Outlook

Gujarat State Fertilizers and Chemicals is planning to set up its third diammonium phosphate (DAP) plant at Sihka in Gujarat state.

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