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Gujarat Narmada Valley Fertilizers & Chemicals Ltd share Price Today

Company details

646.55
669.80
532.00
814.90
6M Return -4.00%
1Y Return 11.53%
Mkt Cap.(Cr) 9,777.45
Volume 603,803
Div Yield 4.83%
OI
-
OI Chg %
-
Volume 603,803

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Gujarat Narmada Valley Fertilizers & Chemicals announced Q1FY24 results:

  • Q1FY24 vs Q4FY23:
    • Operating revenue of Rs 1,652 crore in Q1FY24 compared to Rs 2,271 crore in Q4FY23  
    • Total revenue of Rs 1,740 crore in Q1FY24 compared to Rs 2,394 crore in Q4FY23 
    • Operating EBITDA at Rs 105 crore in Q1FY24 compared to Rs 369 crore in Q4FY23 
    • EBITDA margin of 6% in Q1FY24 compared to 16% in Q4FY23, 28% 
    • PBT of Rs 116 crore in Q1FY24 compared to Rs 417 crore in Q4FY23 
    • PAT of Rs 85 crore compared to Rs 334 crore in Q4FY23 
  • Q1FY24 vs Q1FY23:
    • Operating revenue of Rs 1,652 crore in Q1FY24 compared to Rs 2,696 crore in Q1FY23 
    • Total revenue of Rs 1,740 crore in Q1FY24 compared to Rs 2,772 crore in Q1FY23
    • Operating EBITDA at Rs 105 crore in Q1FY24 compared to Rs 763 crore in Q1FY23 
    • EBITDA margin of 6% in Q1FY24 compared to 28% in Q1FY23
    • PBT of Rs 116 crore in Q1FY24 compared to Rs 761 crore in Q1FY23  
    • PAT of Rs 85 crore compared to Rs 569 crore in Q1FY23 

Pankaj Joshi, IAS, Managing Director, GNFC stated, "The Q1FY24 witnessed planned annual turn around due to which, both, volume as well as financial performance is not comparable.

The annual turnaround, apart from volumes, normally also witnesses higher maintenance costs and unproductive costs which have affected net margins.

Apart from shutdown-related impacts, the output prices have softened disproportionately than input prices which have weighed on financial results.

The chemical industry, in general, has been witnessing this phenomenon, both, domestically in India as well as globally.

Many companies in the industry have announced significant operating revenue as well as margin drop even when full-blown annual turnaround is not taken in the current reporting quarter citing key reasons like lower realizations, higher input costs, low demand, etc. GNFC faced less of a demand issue given the limited volumes available due to the shutdown.

I am happy to inform you that, on the chemical side, in July 2023, the company commenced the operation of its brownfield CNA-IV with an annual production capacity of 50,000 MT. This should augur well for the company.

On the fertilizer side, the company launched Nano Urea under the Narmada brand in June 2023."

 

 

Result PDF

View Other Company Results

Gujarat Narmada Valley Fertilizers & Chemicals Ltd shares SWOT Analysis

Strengths (6)

  • Company with No Debt
  • Increasing Revenue every quarter for the past 2 quarters
  • Book Value per share Improving for last 2 years

Weakness (5)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Major fall in TTM Net Profit

Opportunity (0)

Data not found

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 673.9
R2 691.4
R3 701.1
Pivot

664.25

S1 646.8
S2 637.1
S3 619.6
EMA SMA
667.9
671.1
673.5
663.7
671.7
664.0
685.6
668.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-04-26 572.33 820013 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-04-26 572.41 843413 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-17 698.05 326542 BSE
Name Category Shares
GUJARAT STATE INVESTMENTS LIMITED PROMOTER 21.44%
GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED PROMOTER 19.86%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Stocks COMPARISON

Financials( in Cr) Gujarat Narmada Valley Fertilizers & Chemicals Ltd Pidilite Industries Ltd Linde India Ltd SRF Ltd Gujarat Fluorochemicals Ltd
Price 665.40 3,019.90 8,704.25 2,309.90 3,206.05
% Change 1.37 1.61 -4.47 0.91 -0.71
Mcap Cr 9,777.45 153,594.83 74,233.33 68,471.21 35,218.46
Revenue TTM Cr 10,226.93 11,799.10 3,135.52 14,870.25 5,684.66
Net Profit TTM Cr 1,463.98 1,288.87 538.06 2,162.34 1,323.05
PE TTM 13.73 84.78 181.47 50.80 81.51
1 Year Return 11.53 19.52 117.67 -5.71 -2.85
ROCE 20.38 24.24 16.29 21.98 29.38
ROE 17.13 18.93 14.70 22.89 27.07
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 9,105.11 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Information

Stock PE (TTM)
13.73
Promoter Holding
41.3%
Book Value
600.3062
ROCE
20.38%
ROE
17.13%
Description
  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd is in the Fertilizers sector having a market capitalization worth Rs. 5,162.24 crores, it is incorporated in the year 1976. It has reported consolidated sales of Rs. 1,733.03 crores in March’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500670, and also listed on the National Stock Exchange (NSE) with the code GNFC.

    Gujarat Narmada Valley Fertilizers & Chemicals Ltd is a joint venture enterprise of the Govt. of Gujarat & Gujarat State Fertilizers and Chemicals Ltd. GNFC is involved in the production and distribution of fertilizers, industrial-grade chemicals, and IT related services to the IT companies. (n)Code solutions, a division of GNFC is responsible for producing the digital certificates issued by the Government of India. It also provides several other value-added services like covering System Integration, smart cities implementation, e-auction, e-procurement, etc. GNFC is also the only producer of Acetic acid in the country. The promoters of the company own 41.18% of the stake in the company, Foreign Institutional Investors (FII) own 11.66%, Domestic Institutional Investors (DII) own 10.3% stake in the company, and others (such as public & retail investors) hold the balance of 36.84%.

    In June 2021, quarterly net revenue was Rs. 1,394.32 crores, which has grown sharply and increased by approximately 99.12 % from Rs. 700.23 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 239.87 crores, which has improved exponentially and increased by nearly 15,891.33% from a net profit of Rs. 1.5 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1,285.61 crores, which is also increased by nearly 85.10% as compared to an operating profit of Rs. 694.56 crores for the quarter ending in June 2020. From a negligible EPS of Rs. 0.1 in June 2020, the EPS of Gujarat Narmada Valley Fertilizers & Chemicals Ltd has improved and reached Rs. 15.43 per share in June 2021. GNFC's stock closed at Rs. 332.15 on 24th August’2021 (NSE) and has given a return of 31.75% in the last six months and returned 53.42% in the previous year.

Registered Address

P O Narmadanagar, , Bharuch, Gujarat, 392015

Tel : 91-02642-247001-15
Email : investor:gnfc.in, Sect:gnfc.in; tjlakhmapurkar:gnf
Website : http://www.gnfc.in
Registrar

Guj Narmada Valley Fertilizers

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500670
NSE Code : GNFC
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE113A01013

FAQ’s on Gujarat Narmada Valley Fertilizers & Chemicals Ltd Shares

You can buy Gujarat Narmada Valley Fertilizers & Chemicals Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gujarat Narmada Valley Fertilizers & Chemicals Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 27, 2024 03:48 PM the closing price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd was Rs.665.40.

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 May 27, 2024 03:48 PM, the market cap of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stood at Rs. 9,777.45.

The latest PE ratio of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as of May 27, 2024 03:48 PM is 13.73

The latest PB ratio of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as of May 27, 2024 03:48 PM is 0.91

The 52-week high of Gujarat Narmada Valley Fertilizers & Chemicals Ltd share price is Rs. 814.90 while the 52-week low is Rs. 532.00

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