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    GHCL Limited

    India's largest single-location soda ash producer; also makes sodium bicarbonate and i-Flo/Sapan branded salt.

    Chemicals
    Commodities
    View GHCL earnings calls
    ₹433.75
    -1.90% from avg

    Overview

    Price

    ₹433.75

    Market Cap

    ₹4.0k Cr

    Sector

    Chemicals

    Commodities

    Rank

    5

    Performance

    Explore GHCL

    Promise TrackerConcall Analysis

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9595959696969692
    Reserves2.1k2.4k2.9k3.9k2.9k3.4k3.5k3.5k
    Borrowings1.3k7827883612101199783
    Other Liabilities7667121.3k816581578540665
    Total Liabilities4.2k4.0k5.0k5.1k3.8k4.2k4.3k4.3k
    AssetsFixed Assets2.7k2.7k2.5k1.7k1.8k1.8k1.8k1.8k
    CWIP1228121310955256370450
    Investments915173804206518311.0k
    Other Assets1.4k1.2k2.3k2.9k1.5k1.4k1.2k987
    Total Assets4.2k4.0k5.0k5.1k3.8k4.2k4.3k4.3k

    Valuation

    Assumptions

    Current — GHCL
    Price
    ₹436
    EPS (TTM)
    ₹50.22
    PE (TTM)
    8.7
    Profit growth
    -22.8%
    ₹

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (9.4×) and current (8.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹436
    vs
    Fair value · 15% return
    ₹45
    90%Overvalued

    At -22.8% growth and a 9× exit, ₹436 only delivers your return if you pay ₹45. The price is currently baking in 17% growth.

    EPS grows -22.8%/yr for 5 years, then fades to 6% over 2, exits at 9×.

    YearGrowthEPS (₹)
    FY27-22.8%38.77
    FY28-22.8%29.93
    FY29-22.8%23.11
    FY30-22.8%17.84
    FY31-22.8%13.77
    FY32-8.4% ·fade12.61
    FY336.0% ·fade13.37

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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