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GHCL share price & results

GHCL Limited· Chemicals· Commodities

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

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

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue774 ₹ crore−2.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin27.0 %+2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit191 ₹ crore+31.7% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity13.44 %−5.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Mar 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin13.81 %+3.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-3.71 %+3.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Mar 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 5 judged targets kept · 12 open · verdicts reflect calls analysed to Q1 FY27.

GHCL Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (1 achieved, 4 missed, 12 open).

TargetOriginal wordingSaidLatest callVerdict
Share Buyback ProgramINR 300 crores
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:Not mentioned, as completed.
Call transcript, Q1 FY27 · 3 Aug 2026		Achieved
Greenfield Soda Ash Project Ultimate Vision2 million tons
Call transcript, Q4 FY25 · 8 May 2025		Q4 FY25Q1 FY27:Not mentioned. Focus remains on land acquisition delays for the project.
Call transcript, Q1 FY27 · 3 Aug 2026		Ghosted
Greenfield project completion3 years (by FY28)
Call transcript, Q3 FY25 · 3 Feb 2025		Q3 FY25Q1 FY27:The project continues to be delayed due to land acquisition issues, with management unable to provide a timeline for commencement. Quote: 'we are primarily on the land acquisitions... at this point of time, I'm unable to give you a kind of a time line when this issue will get resolved.'
Call transcript, Q1 FY27 · 3 Aug 2026		Delayed

Source: Inve Guidance Tracker for GHCL Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of GHCL Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹394.25 +4.19% · +₹15.85

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −39.4% 1Y

₹400₹500₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 5 May 2026Q1 FY27 — 3 Aug 2026

1Y: ₹650.1 on 24 Oct 2025 → ₹394.25. High ₹650.1 (24 Oct 2025), low ₹375.9 (23 Oct 2026).

Previous close
₹378.4
Market cap
₹3.5k Cr
52-week range
₹375.9 – ₹648
One year
−37.81%
Price to earnings (TTM to Mar 2026)
7.37×
Return on equity (TTM to Mar 2026)
13.44%

Overview

Symbol
NSE:GHCL
Sector
Chemicals
Industry
Commodities
Exchange
NSE
Currency
INR

What GHCL Limited does

Based on the company's own presentations, annual report and earnings calls.

GHCL Limited manufactures inorganic chemicals — dense and light soda ash (used by the glassmaking, detergent and water-treatment industries) and sodium bicarbonate (baking soda, used in cleaners, personal care and pharma manufacturing) — at an integrated plant in Sutrapada, Gujarat, making it one of India's largest soda ash manufacturers at a single location. It backward-integrates into its own limestone and lignite mines and salt works in Gujarat and Tamil Nadu, and sells packaged edible and industrial salt under the i-Flo and Sapan brands through a dealer network. The company also exports soda ash and salt to overseas markets. It formerly ran textile/spinning and home-textile operations, which were divested (2022) and demerged into GHCL Textiles Limited (2023-24), leaving the current entity focused on chemicals and consumer salt products.

Segments

  • Inorganic Chemicals (Soda Ash & Sodium Bicarbonate)
  • Consumer Products (Salt)
Soda ash production capacity
12 lakh MTPA (single largest single-location soda ash manufacturer in India)
Sodium bicarbonate production capacity
1.2 lakh MTPA (120,000 MTPA)
Domestic soda ash market share
~26%
Export footprint
Sells into 10 countries
Dealer network
385 dealers for soda ash and salt
Manufacturing, mining and salt-works sites
Soda ash & salt plant at Sutrapada (Gir Somnath, Gujarat); salt works at Port Albert Victor (Amreli, Gujarat) and Vedaranyam & Thiruporur (Tamil Nadu); limestone mines in Junagadh/Gir Somnath; lignite mines in Bhavnagar/Krishnanagar
Founded 1983Headquarters Ahmedabad, Gujarat, India (registered office); corporate office in Noida, Uttar PradeshEmployees 1,016 (FY2024-25 (permanent wor) Company website

How the price took the results

close before → close after

Q1 FY27
+1.4%
3 Aug
Q4 FY26
−1.2%
5 May
Q3 FY26
−0.8%
29 Jan
Q2 FY26
+1.2%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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