GSFC quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Gujarat State Fertilizers & Chemicals Ltd reported sales of ₹4,741 Cr, operating profit of ₹140 Cr (OPM 3%) and net profit of ₹200 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
GSFC quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
2,814
1,922
2,184
3,187
2,941
2,633
3,583
4,741
Expenses
2,656
1,842
1,992
2,851
2,763
2,550
3,350
4,601
Operating Profit
158
80
193
337
178
83
233
140
OPM
6%
4.2%
9%
11%
6%
3.2%
6%
3%
Other Income
60
61
47
144
57
39
37
179
Interest
2
4
8
2
1
4
10
15
Depreciation
49
48
48
51
50
53
54
55
Profit before tax
168
89
184
428
183
65
205
249
Tax
20%
19%
25%
24%
14%
20%
23%
20%
Net Profit
134
72
139
324
158
52
159
200
EPS in Rs
3.36
1.8
3.48
8.13
3.97
1.31
3.98
5.03
GSFC profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
9,085
11,369
9,155
9,534
10,946
13,898
Expenses
7,764
9,781
8,641
8,898
10,155
13,265
Operating Profit
1,321
1,588
514
636
790
633
OPM
15%
14%
6%
7%
7%
4.6%
Other Income
183
152
385
323
287
312
Interest
10
15
11
10
14
30
Depreciation
179
182
183
192
202
213
Profit before tax
1,315
1,543
704
756
861
703
Tax
32%
18%
20%
22%
22%
-
Net Profit
899
1,266
564
591
673
569
EPS in Rs
22.55
31.77
14.16
14.83
16.88
14.29
Dividend Payout
11%
31%
28%
34%
30%
-
GSFC balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
80
80
80
80
80
Reserves
12,647
12,059
12,385
12,187
12,992
Borrowings
5
2
1
27
635
Other Liabilities
2,319
2,229
667
2,096
4,108
Total Liabilities
15,051
14,369
13,134
14,390
17,815
Fixed Assets
2,549
2,504
2,874
3,331
3,275
CWIP
236
690
423
192
176
Investments
6,015
5,055
5,135
4,610
5,375
Other Assets
6,251
6,119
4,702
6,257
8,988
Total Assets
15,051
14,369
13,134
14,390
17,815
GSFC cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
237
924
-268
83
136
Cash from Investing Activity
-18
-39
106
-172
-46
Cash from Financing Activity
-126
-114
-403
-159
-184
Net Cash Flow
92
770
-566
-247
-94
Free Cash Flow
142
782
-508
-296
-172
CFO/OP
35%
88%
-22%
26%
34%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit