Gujarat Fluorochemicals Limited
NSE: FLUOROCHEMSpecialty Chemicals
Share price
₹4,440.10
-2.54% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
49
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹48,841 Cr
P/E ratio
79.0
P/B ratio
6.2
ROCE
9.6%
ROE
7.8%
Dividend yield
0.1%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 9.5% over the past year, and 12.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 31.8% to 25.9% over the last four years.
Whether it grew faster than its sector
It grew 12.5% a year against a sector median of 10.2% — 2.3 percentage points faster.
Room to re-rate, or risk of de-rating
At 79.0× earnings it costs 3.3× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 53.0×, across 5 companies. It is against its own five-year median of 56.0×, the 74th percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Gujarat Fluorochemicals Limited — this one | -24%/yr | 79.0× | — |
| Pidilite Industries | 25%/yr | 56.2× | ₹2.2 |
| Navin Fluorine International Limited | 21%/yr | 53.0× | ₹2.5 |
| Aether Industries Limited | 20%/yr | 96.7× | ₹4.8 |
| Deepak Nitrite Limited | -13%/yr | 27.0× | — |
| Atul Limited | 9%/yr | 21.6× | ₹2.4 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Specialty Chemicals), it ranks 41 of 73 on returns, 32 of 72 on growth, 10 of 73 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 9.6% on capital, ahead of 44% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹3612 crore of cash from the business but spent ₹4464 crore on plant and equipment, ₹852 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹1556 crore to ₹2721 crore. And the profit is real: of every 100 rupees it reported over 9 years, about 127 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 33 days for its cash to waiting 92 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 9 checks clear · 67%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Working capital beat its target at 149 days; the Oman battery plant is on hold and moving to India
Announced 12 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,588 Cr
Revenue vs last year
+24.0%
Revenue vs last quarter
+16.0%
Net profit
₹219 Cr
Profit vs last year
+19.0%
Profit vs last quarter
+100.9%
Net margin
13.8%
EPS
₹20.17
Earnings call transcript · 12 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹48,841 Cr
- Prev close
- ₹4,440.10
- 52w High
- ₹4,959
- 52w Low
- ₹2,917
- Enterprise value
- ₹51,145 Cr
- Beta
- 0.7
- Price CAGR 1y
- 22.0%
- Price CAGR 3y
- 17.0%
- Price CAGR 5y
- 18.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 4.8%
- PEG ratio
- -3.3
- P/E ratio
- 79.0
- P/B ratio
- 6.2
- EV / EBITDA
- 42.9
- Industry P/E
- 32.7
- ROCE
- 9.6%
- ROCE 5y average
- 16.0%
- ROE
- 7.8%
- Debt / Equity
- 0.3
- Interest coverage
- 6.8
- Dividend yield
- 0.1%
- ROE 3y average
- 8.0%
- ROE last year
- 8.0%
Annual P&L
- Annual revenue
- ₹4,996 Cr
- Annual profit
- ₹574 Cr
- Operating margin
- 24.0%
- Net profit margin
- 11.5%
- EBITDA margin
- 24.0%
- Sales growth 3y
- -4.2%
- Sales growth 5y
- 13.5%
- Profit growth 3y
- -24.0%
- Profit growth 5y
- 36.0%
- EPS
- ₹52.6
- Sales growth TTM
- 10.0%
- Profit growth TTM
- 0.0%
- Dividend payout
- 6.0%
Quarter P&L
- Sales latest quarter
- ₹1,588 Cr
- Profit latest quarter
- ₹219 Cr
- YoY quarterly sales growth
- 24.0%
- YoY quarterly profit growth
- 20.3%
- OPM latest quarter
- 26.8%
Balance Sheet
- Book Value
- ₹715
- Face Value
- ₹1.0
- Total debt
- ₹2,721 Cr
- Total cash
- ₹350 Cr
- Borrowings
- ₹2,721 Cr
- Reserves / Equity
- 714.1
Cash Flow
- Operating cash flow
- ₹961 Cr
- Free cash flow
- -₹292 Cr
- FCF yield
- -0.9%
- Net cash flow
- ₹160 Cr
Shareholding
- Promoter holding
- 61.4%
- FII holding
- 4.4%
- DII holding
- 13.3%
- Public holding
- 20.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Pidilite Inds. | 1,488.50 | 57.2 | 1,51,610 | 0.77 | 883.5 | 28.2 | 4,551.6 | 21.3 | 31.0 |
| Gujarat Fluoroch | 4,555.90 | 81.0 | 50,047 | 0.07 | 219.0 | 21.4 | 1,588.0 | 24.0 | 9.6 |
| Navin Fluo.Intl. | 8,490.00 | 54.8 | 43,566 | 0.18 | 243.3 | 107.7 | 1,045.1 | 44.1 | 21.0 |
| Aether Industri. | 1,787.60 | 98.9 | 23,727 | 0.00 | 62.8 | 28.0 | 326.6 | 27.3 | 11.9 |
| Deepak Nitrite | 1,553.90 | 26.8 | 21,194 | 0.48 | 345.0 | 207.5 | 2,577.6 | 36.4 | 11.4 |
| Aarti Industries | 491.25 | 34.1 | 17,820 | 0.20 | 155.0 | 256.5 | 2,387.0 | 42.5 | 6.9 |
| Atul | 5,999.50 | 22.2 | 17,664 | 0.50 | 253.9 | 92.0 | 1,848.0 | 25.0 | 14.9 |
| Median | 367.30 | 29.7 | 1,102 | 0.24 | 13.5 | 52.2 | 175.3 | 26.4 | 13.8 |
Competes with: Aarti Industries Limited, Aarti Surfactants Limited, Aether Industries Limited, Alkali Metals Limited, Alkyl Amines Chemicals Limited, Amal Limited, Anupam Rasayan India Limited, Archean Chemical Industries Limited, Arvee Laboratories (India) Limited, Atul Limited, BASF India Limited, Balaji Amines Limited, Bhansali Engineering Polymers Limited, Black Rose Inds. Limited, Camlin Fine Sciences Limited, Chembond Chemicals Limited, Chembond Material Technologies Limited, Chemcon Speciality Chemicals Limited, Chemcrux Enterprises Limited, Chemplast Sanmar Limited, Clean Science and Technology Limited, DCM Shriram Fine Chemicals Limited, DMCC SPECIALITY CHEMICALS LIMITED, Dai-Ichi Karkaria Limited, Ddev Plastiks Industries Limited, Deep Polymers Limited, Deepak Nitrite Limited, Diamines & Chemicals Limited, Dynemic Products Limited, Elantas Beck India Limited, Epigral Limited, Excel Industries Limited, Fairchem Organics Limited, Fine Organic Industries Limited, Fineotex Chemical Limited, Foseco India Limited, Galaxy Surfactants Limited, Gem Aromatics Limited, HP Adhesives Limited, Hindcon Chemicals Limited, IVP Limited, Indo Amines Limited, Indokem Limited, Ishan Dyes and Chemicals Limited, Jayant Agro Organics Limited, Jubilant Agri and Consumer Products Limited, Jubilant Ingrevia Limited, Jyoti Resins & Adhesives Limited, Kronox Lab Sciences Limited, Laxmi Organic Industries Limited, NOCIL Limited, Navin Fluorine International Limited, Neogen Chemicals Limited, Nitta Gelatin India Limited, Oriental Aromatics Limited, Paushak Limited, Pidilite Industries, Plastiblends India Limited, Platinum Industries Limited, Prasol Chemicals Limited, Privi Speciality Chemicals Limited, Rossari Biotech Limited, S H Kelkar and Company Limited, Styrenix Performance Materials Limited, Sunshield Chemicals Limited, Tatva Chintan Pharma Chem Limited, Valiant Organics Limited, Vidhi Specialty Food Ingredients Limited, Vikas EcoTech Limited, Vinati Organics Limited, Vishnu Chemicals Limited, Vital Chemtech Limited, Yasho Industries Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,209 | 947 | 992 | 1,133 | 1,176 | 1,188 | 1,148 | 1,225 | 1,281 | 1,210 | 1,136 | 1,369 | 1,588 |
| Expenses | 861 | 783 | 786 | 895 | 914 | 893 | 854 | 919 | 937 | 846 | 861 | 1,062 | 1,162 |
| Material Cost | 401 | 406 | 440 | 410 | 379 | 504 | |||||||
| Change in Inventories | 4 | 34 | -100 | -42 | 115 | 25 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 105 | 106 | 128 | 121 | 131 | 147 | |||||||
| Other Expenses | 409 | 391 | 378 | 372 | 436 | 484 | |||||||
| Operating Profit | 348 | 164 | 206 | 238 | 262 | 295 | 294 | 306 | 344 | 364 | 275 | 307 | 426 |
| OPM % | 29 | 17 | 21 | 21 | 22 | 25 | 26 | 25 | 27 | 30 | 24 | 22 | 27 |
| Other Income | 15 | 13 | 13 | 18 | 9 | 9 | 14 | 26 | 23 | 6 | -10 | 3 | 12 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -17 | -3 | 0 | |||||||
| Interest | 28 | 34 | 37 | 34 | 37 | 42 | 42 | 26 | 30 | 33 | 33 | 42 | 26 |
| Depreciation | 66 | 68 | 72 | 81 | 85 | 90 | 91 | 89 | 90 | 91 | 89 | 97 | 102 |
| Profit before tax | 269 | 75 | 110 | 141 | 149 | 172 | 175 | 217 | 247 | 246 | 143 | 171 | 310 |
| Tax % | 25 | 29 | 27 | 28 | 28 | 30 | 28 | 12 | 26 | 27 | 29 | 42 | 29 |
| Net Profit | 201 | 53 | 80 | 101 | 108 | 121 | 126 | 191 | 182 | 179 | 102 | 100 | 219 |
| EPS in Rs | 18 | 4.82 | 7.28 | 9.19 | 9.83 | 11 | 11 | 17 | 17 | 16 | 9.29 | 9.38 | 20 |
| Diluted EPS in Rs | 17 | 17 | 16 | 9.29 | 9.92 | 20 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,851 | 2,729 | 2,606 | 2,650 | 3,954 | 5,685 | 4,281 | 4,737 | 4,996 | 5,303 |
| Expenses | 3,105 | 1,941 | 2,167 | 2,052 | 2,785 | 3,719 | 3,366 | 3,638 | 3,795 | 3,931 |
| Material Cost | 1,667 | 1,635 | ||||||||
| Change in Inventories | -187 | 7 | ||||||||
| Purchases of Stock-in-Trade | 0 | 0 | ||||||||
| Employee Cost | 433 | 486 | ||||||||
| Other Expenses | 1,667 | 1,577 | ||||||||
| Operating Profit | 745 | 788 | 439 | 598 | 1,168 | 1,965 | 915 | 1,100 | 1,201 | 1,372 |
| OPM % | 19 | 29 | 17 | 23 | 30 | 35 | 21 | 23 | 24 | 26 |
| Other Income | 112 | 78 | 190 | 199 | 161 | 172 | 100 | 115 | 111 | 11 |
| Exceptional items (within Other Income) | 0 | -20 | ||||||||
| Interest | 279 | 56 | 105 | 113 | 78 | 117 | 133 | 147 | 138 | 134 |
| Depreciation | 299 | 164 | 192 | 202 | 205 | 236 | 286 | 355 | 367 | 379 |
| Profit before tax | 279 | 645 | 332 | 482 | 1,045 | 1,785 | 595 | 713 | 807 | 870 |
| Tax % | 14 | -93 | 43 | 146 | 26 | 26 | 27 | 23 | 29 | |
| Net Profit | 240 | 1,246 | 189 | -222 | 776 | 1,323 | 435 | 546 | 574 | 600 |
| EPS in Rs | 18 | -20 | 72 | 121 | 40 | 50 | 53 | 55 | ||
| Diluted EPS in Rs | 50 | 52 | ||||||||
| Dividend Payout % | 15 | 0 | 0 | 0 | 6 | 3 | 8 | 6 | 6 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 14%
- 3 years
- -4%
- TTM
- 10%
Compounded profit growth
- 10 years
- —
- 5 years
- 36%
- 3 years
- -24%
- TTM
- 0%
Stock price CAGR
- 10 years
- —
- 5 years
- 18%
- 3 years
- 17%
- 1 year
- 22%
Return on equity
- 10 years
- —
- 5 years
- 13%
- 3 years
- 8%
- Last year
- 8%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 4,756 | 3,499 | 3,705 | 3,482 | 4,244 | 5,510 | 5,925 | 7,192 | 7,805 |
| Borrowings | 2,000 | 968 | 1,718 | 1,591 | 1,556 | 1,515 | 2,096 | 2,080 | 2,721 |
| Other Liabilities | 2,986 | 441 | 634 | 885 | 1,067 | 1,335 | 1,201 | 1,270 | 1,273 |
| Minority Interest | 46 | 47 | |||||||
| Total Liabilities | 9,753 | 4,919 | 6,067 | 5,969 | 6,878 | 8,371 | 9,233 | 10,602 | 11,859 |
| Fixed Assets | 3,813 | 2,305 | 2,414 | 2,367 | 2,514 | 3,111 | 4,264 | 4,285 | 4,822 |
| CWIP | 724 | 229 | 318 | 400 | 680 | 1,158 | 1,128 | 1,568 | 1,900 |
| Investments | 524 | 342 | 259 | 88 | 20 | 1 | 1 | 289 | 277 |
| Other Assets | 4,691 | 2,042 | 3,076 | 3,114 | 3,665 | 4,101 | 3,840 | 4,460 | 4,860 |
| Total Assets | 9,753 | 4,919 | 6,067 | 5,969 | 6,878 | 8,371 | 9,233 | 10,608 | 11,883 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 952 | 782 | 546 | 616 | 741 | 739 | 626 | 545 | 961 |
| Cash from Investing Activity | 589 | -428 | -1,152 | -373 | -584 | -476 | -966 | -1,121 | -1,168 |
| Cash from Financing Activity | -1,668 | 110 | 622 | -248 | -144 | -264 | 348 | 599 | 367 |
| Net Cash Flow | -127 | 464 | 17 | -5 | 14 | -2 | 7 | 24 | 160 |
| Free Cash Flow | -64 | 276 | -650 | 343 | 92 | 12 | -330 | -335 | -291 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 184 | 77 | 79 | 92 | 72 | 71 | 72 | 92 | 94 |
| Inventory Days | 736 | 351 | 390 | 404 | 314 | 375 | 435 | 487 | 453 |
| Days Payable | 471 | 127 | 176 | 202 | 170 | 174 | 144 | 162 | 129 |
| Cash Conversion Cycle | 449 | 301 | 293 | 294 | 216 | 272 | 363 | 418 | 417 |
| Working Capital Days | 67 | 22 | -0 | 6 | 33 | 62 | 60 | 97 | 92 |
| ROCE % | 11 | 9 | 11 | 20 | 30 | 10 | 10 | 10 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
372cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
126cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,44,55,761inr
2026-03-31
News
News and filings about Gujarat Fluorochemicals Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Aarti Industries Limited
- Aarti Surfactants Limited
- Aether Industries Limited
- Alkali Metals Limited
- Alkyl Amines Chemicals Limited
- Amal Limited
- Anupam Rasayan India Limited
- Archean Chemical Industries Limited
- Arvee Laboratories (India) Limited
- Atul Limited
- BASF India Limited
- Balaji Amines Limited
- Bhansali Engineering Polymers Limited
- Black Rose Inds. Limited
- Camlin Fine Sciences Limited
- Chembond Chemicals Limited
- Chembond Material Technologies Limited
- Chemcon Speciality Chemicals Limited
- Chemcrux Enterprises Limited
- Chemplast Sanmar Limited
- Clean Science and Technology Limited
- DCM Shriram Fine Chemicals Limited
- DMCC SPECIALITY CHEMICALS LIMITED
- Dai-Ichi Karkaria Limited
- Ddev Plastiks Industries Limited
- Deep Polymers Limited
- Deepak Nitrite Limited
- Diamines & Chemicals Limited
- Dynemic Products Limited
- Elantas Beck India Limited
Uses as raw material
- Chlorine
- Chloroform
- Fluorspar (acid-grade CaF2)
- Methanol
- R-142b
- Salt (for chlor-alkali)
Depends on the price of
- Natural gas
- sulphuric_acid
Buys from
- Epigral Limited · chlor-alkali / chloromethanes
- Gujarat Mineral Development Corporation Limited · fluorspar / calcium fluoride via Kadipani beneficiation JV (40,000 TPA)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Chemicals
- Industry
- Specialty Chemicals
- Classification
- Chemicals › Specialty Chemicals
- ISIN
- INE09N301011
Business segments
- Chemicals · 99%
- EV Products · 1%
Plants
- GFL Dahej Complex
- GFL Halol Plant
- GFL Ranjitnagar Plant
News impact
Big market events that reach Gujarat Fluorochemicals Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 17 Sep 2026 | unspecified | ₹3 |
|---|---|---|
| 22 Sep 2025 | unspecified | ₹3 |
| 20 Sep 2024 | unspecified | ₹3 |
| 22 Sep 2023 | unspecified | ₹2 |
| 31 Oct 2022 | interim | ₹2 |
| 21 Sep 2022 | unspecified | ₹2 |
| 31 Mar 2022 | interim | ₹2 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2627 Aug 2026
- Earnings call15 Aug 2026
- Earnings call12 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q3FY2612 Feb 2026
- Annual report · 2024-254 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.