Gujarat Fluorochem Ltd
NSE: FLUOROCHEM · Specialty Chemicals · sector
₹4,197.10NSE close 2026-10-26
Key numbers
Market cap₹46,168 cr
Price₹4,197.10
52w high / low₹4,959 / ₹2,917
P/E75.4xSector median 22.6x
P/B5.9xSector median 2.6x
Book value₹715.1
Dividend yield0.07%Sector median 0.60%
ROE8.1%Sector median 10.6%
ROCE10.0%Sector median 12.9%
OPM25.6%Sector median 12.1%
Debt / equity0.28xSector median 0.18x
EV/EBITDA35.3xSector median 15.1x
Interest cover7.5x
Current ratio1.72x
Sales growth 3y-4.2%Sector median +5.0%
Profit growth 3y-24.2%Sector median +0.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹592 cr vs borrowings ₹2,199 cr (FY26): borrowings are higher by ₹1,607 cr.
- Operating profit covered interest 7.5x in the last 12 months.
- 7.53% of the promoters' shares are pledged (4.6% of all shares).
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY23, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 5% of net profit in the last 12 months.
- Debtor days went from 72 (FY24) to 94 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹4,197.10 on 2026-10-26: -15.4% from the 52-week high, +43.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹4,754.80 · low ₹3,053.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,188 | 1,148 | 1,225 | 1,281 | 1,210 | 1,136 | 1,369 | 1,588 |
| EBITDA | 295 | 294 | 306 | 344 | 364 | 258 | 305 | 428 |
| OPM % | 24.8% | 25.6% | 25.0% | 26.9% | 30.1% | 22.7% | 22.3% | 27.0% |
| Other income | 9 | 14 | 26 | 23 | 6 | 7 | 6 | 12 |
| Net profit | 121 | 126 | 191 | 184 | 179 | 103 | 112 | 221 |
| EPS (₹) | 10.99 | 11.47 | 17.39 | 16.75 | 16.31 | 9.29 | 9.92 | 20.17 |
| Revenue YoY | +1.9% | -1.0% | +11.8% | +24.0% | ||||
| Profit YoY | +47.9% | -18.3% | -41.4% | +20.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,954 | 5,685 | 4,281 | 4,737 | 4,996 | 5,303 |
| EBITDA | 1,198 | 2,047 | 955 | 1,157 | 1,271 | 1,355 |
| Net profit | 776 | 1,329 | 435 | 546 | 578 | 615 |
| EPS (₹) | 70.63 | 120.44 | 39.60 | 49.69 | 52.26 | 55.69 |
| Revenue growth | +43.8% | -24.7% | +10.7% | +5.5% | +9.5% | |
| Profit growth | +71.3% | -67.3% | +25.5% | +5.9% | -1.1% | |
| Dividend / share (₹) | 2.00 | 4.00 | 2.00 | 3.00 | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.2% | +13.5% | +9.5% |
| Net profit | -24.2% | – | -1.1% |
| EPS | -24.3% | – | – |
| Share price | – | -4.7% (2y) | +16.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 5,521 | 5,936 | 7,253 | 7,866 |
| Borrowings | – | 1,478 | 1,996 | 1,988 | 2,199 |
| Cash & equivalents | – | 161 | 198 | 501 | 592 |
| Total assets | – | 8,371 | 9,234 | 10,609 | 11,883 |
| Fixed assets | – | 2,963 | 4,055 | 4,040 | 4,509 |
| Capital work in progress | – | 1,142 | 1,091 | 1,524 | 1,890 |
| Investments | – | 0 | 0 | 11 | 15 |
| Receivables | – | 1,107 | 845 | 1,197 | 1,282 |
| Inventory | – | 1,485 | 1,571 | 1,820 | 1,933 |
| Payables | – | 691 | 519 | 606 | 552 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 741 | 739 | 626 | 545 | 961 |
| Cash from investing | -584 | -476 | -966 | -1,120 | -1,168 |
| Cash from financing | -144 | -264 | 348 | 599 | 367 |
| Capex | 674 | 731 | 971 | 881 | 1,252 |
| Free cash flow | 67 | 8 | -344 | -336 | -291 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 24.1% | 7.3% | 7.5% | 7.3% |
| ROCE % | – | 27.2% | 9.2% | 9.3% | 9.4% |
| Debtor days | – | 71 | 72 | 92 | 94 |
| Inventory days | – | 352 | 404 | 449 | 430 |
| Payable days | – | 164 | 133 | 149 | 123 |
| Cash conversion cycle (days) | – | 259 | 343 | 392 | 401 |
| Working capital days | – | 73 | 77 | 136 | 135 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 61.39% |
| FIIs | 4.53% |
| DIIs | 13.32% |
| of which Mutual funds | 9.10% |
| of which Insurance | 2.86% |
| Government | 0.00% |
| Public (non-institutions) | 20.75% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.58% | 62.58% | 62.58% | 61.39% | 61.39% | 61.39% | 61.39% | 61.39% |
| Promoter group | % |
|---|---|
| Inox Leasing and Finance Limited | 52.61% |
| Aryavardhan Trading LLP | 5.08% |
| Devansh Trademart LLP | 3.65% |
| Vivek Kumar Jain | 0.04% |
| Devansh Jain | 0.01% |
| Nandita Jain | 0.01% |
| Public holders above 1% | % |
|---|---|
| Akash Bhanshali | 4.75% |
| Life Insurance Corporation of India | 2.33% |
| Motilal Oswal Large And Midcap Fund | 2.11% |
| Mirae Asset Large & Midcap Fund | 1.99% |
| Hdfc Mutual Fund - Hdfc Mid-Cap Fund | 1.43% |
70,320 shareholders. Pledged: 7.53% of promoter shares.
Peers in Specialty Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PIDILITIND | ₹1,50,431 cr | 56.8x | 13.9x | 25.7% | 33.4% | 24.5% | +7.4% | 1.01% |
| FLUOROCHEM | ₹46,168 cr | 75.4x | 5.9x | 8.1% | 10.0% | 25.6% | -4.2% | 0.07% |
| NAVINFLUOR | ₹39,306 cr | 49.7x | 9.9x | 23.9% | 22.2% | 33.7% | +16.8% | 0.18% |
| DEEPAKNTR | ₹19,676 cr | 25.1x | 3.4x | 14.0% | 15.3% | 15.4% | -0.4% | 0.52% |
| AETHER | ₹19,529 cr | 82.8x | 8.0x | 10.1% | 11.4% | 30.9% | +21.2% | – |
| ATUL | ₹15,762 cr | 19.8x | 2.5x | 11.9% | 16.9% | 17.9% | +7.9% | 0.47% |
| AARTIIND | ₹15,539 cr | 29.3x | 2.6x | 9.2% | 8.0% | 14.9% | +7.8% | 0.24% |
| FINEORG | ₹15,328 cr | 35.0x | 5.8x | 17.7% | 21.3% | 21.7% | -7.8% | 0.22% |
| BASF | ₹13,174 cr | 20.5x | 3.3x | 16.9% | 22.0% | 5.9% | +3.1% | 0.66% |
| PRIVISCL | ₹13,109 cr | 37.5x | 9.3x | 27.6% | 22.6% | 24.9% | +16.8% | 0.15% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Chemicals | ₹5,030 cr | 99.3% | ₹1,069 cr | 21.3% |
| EV Products | ₹33 cr | 0.7% | ₹-104 cr | -315.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-17 | Dividend | Dividend - Rs 3 Per Share |
| 2025-09-22 | Dividend | Dividend - Rs 3 Per Share |
| 2024-09-20 | Dividend | Dividend - Rs 3 Per Share |
| 2023-09-22 | Dividend | Dividend - Rs 2 Per Share |
| 2022-10-31 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2022-09-21 | Dividend | Dividend - Rs 2 Per Share |
| 2022-03-31 | Dividend | Interim Dividend - Rs 2 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Chemicals and chemical products, pharmaceuticals, medicinal chemicals, and botanical products
| Sector | Commodities |
| Industry | Specialty Chemicals |
| Sub-industry | Specialty Chemicals |
| Symbol | FLUOROCHEM |
| BSE code | 542812 |
| ISIN | INE09N301011 |
| Face value | ₹1.0 |
| Incorporated | 2018-12-06 |
| Website | www.gfl.co.in |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.