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    G S F C

    Gujarat PSU making fertilizers (urea, DAP, NPK) and chemicals (caprolactam, melamine, nylon).

    Chemicals
    Commodities
    View GSFC earnings calls
    ₹165.44
    -1.72% from avg

    Overview

    Price

    ₹165.44

    Market Cap

    ₹6.4k Cr

    Sector

    Chemicals

    Commodities

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital8080808080808080
    Reserves6.8k9.2k11.7k12.0k12.6k12.1k12.4k12.2k
    Borrowings1.6k376252127
    Other Liabilities1.7k1.9k2.3k1.9k2.3k2.2k6672.1k
    Total Liabilities10.1k11.2k14.1k13.9k15.1k14.4k13.1k14.4k
    AssetsFixed Assets2.9k2.8k2.7k2.6k2.5k2.5k2.9k3.3k
    CWIP107117158200236690423192
    Investments2.1k4.3k6.3k5.3k6.0k5.1k5.1k4.6k
    Other Assets5.0k3.9k5.0k5.8k6.3k6.1k4.7k6.3k
    Total Assets10.1k11.2k14.1k13.9k15.1k14.4k13.1k14.4k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating508-81.8k237924-26883136
    Cash from Investing-281-266-23-18-39106-172-46
    Cash from Financing-242267-1.6k-126-114-403-159-184
    SummaryCapital Expenditure
    Free Cash Flow209-3101.7k142782-508-296-172
    FCF Margin

    Valuation

    Assumptions

    Current — GSFC
    Price
    ₹165
    EPS (TTM)
    ₹16.89
    PE (TTM)
    9.8
    Profit growth
    -19.0%

    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 (12.0×) and current (9.8×) 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
    ₹165
    vs
    Fair value · 15% return
    ₹22
    87%Overvalued

    At -19% growth and a 10× exit, ₹165 only delivers your return if you pay ₹22. The price is currently baking in 17% growth.

    EPS grows -19%/yr for 5 years, then fades to 6% over 2, exits at 10×.

    YearGrowthEPS (₹)
    FY27-19.0%13.68
    FY28-19.0%11.08
    FY29-19.0%8.98
    FY30-19.0%7.27
    FY31-19.0%5.89
    FY32-6.5% ·fade5.51
    FY336.0% ·fade5.84

    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.

    Learn to analyse G S F C

    Guides on how to read this kind of business and the numbers that matter.