Gujarat Narmada Valley Fertilizers & Chemicals Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 9:16 pm

Market Cap	7,868 Cr.
Current Price	535
High / Low	777/449
Stock P/E	13.4
Book Value	575
Dividend Yield	3.08 %
ROCE	9.70 %
ROE	7.03 %
Face Value	10.0
PEG Ratio	-2.63

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Gujarat Narmada Valley Fertilizers & Chemicals Ltd

Competitors of Gujarat Narmada Valley Fertilizers & Chemicals Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat State Fertilizers & Chemicals Ltd	7,967 Cr.	200	275/156	13.5	305	2.00 %	6.16 %	4.75 %	2.00
Bharat Agri Fert & Realty Ltd	250 Cr.	47.4	105/35.1		9.97	0.11 %	6.14 %	14.8 %	1.00
Basant Agro Tech (India) Ltd	126 Cr.	13.9	24.9/11.0	30.2	19.6	0.36 %	6.55 %	2.37 %	1.00
Zuari Agro Chemicals Ltd	879 Cr.	209	268/151	5.34	441	0.00 %	12.9 %	9.28 %	10.0
Southern Petrochemicals Industries Corporation Ltd (SPIC)	1,740 Cr.	85.4	96.7/64.4	11.2	58.9	1.76 %	16.7 %	13.7 %	10.0
Industry Average	11,090.90 Cr	400.63		148.55	171.76	0.62%	12.72%	10.81%	7.35

All Competitor Stocks of Gujarat Narmada Valley Fertilizers & Chemicals Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	2,772	2,696	2,587	2,673	2,271	1,652	2,080	2,088	2,110	2,021	1,917	1,899	2,055
Expenses	1,887	1,933	2,278	2,235	1,902	1,547	1,911	2,004	1,965	1,868	1,827	1,767	1,815
Operating Profit	885	763	309	438	369	105	169	84	145	153	90	132	240
OPM %	32%	28%	12%	16%	16%	6%	8%	4%	7%	8%	5%	7%	12%
Other Income	61	76	85	77	123	88	152	121	108	99	123	157	122
Interest	0	2	1	1	1	1	1	7	4	17	2	3	1
Depreciation	75	76	77	76	74	76	78	76	78	78	76	75	74
Profit before tax	871	761	316	438	417	116	242	122	171	157	135	211	287
Tax %	26%	25%	25%	26%	20%	27%	26%	22%	26%	27%	24%	25%	27%
Net Profit	643	569	237	324	334	85	178	95	127	115	102	158	210
EPS in Rs	41.37	36.61	15.25	20.85	21.49	5.47	11.45	6.47	8.64	7.83	6.94	10.75	14.29

Last Updated: May 31, 2025, 9:05 am

Below is a detailed analysis of the quarterly data for Gujarat Narmada Valley Fertilizers & Chemicals Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 2,055.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,899.00 Cr. (Dec 2024) to 2,055.00 Cr., marking an increase of 156.00 Cr..
For Expenses, as of Mar 2025, the value is 1,815.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,767.00 Cr. (Dec 2024) to 1,815.00 Cr., marking an increase of 48.00 Cr..
For Operating Profit, as of Mar 2025, the value is 240.00 Cr.. The value appears strong and on an upward trend. It has increased from 132.00 Cr. (Dec 2024) to 240.00 Cr., marking an increase of 108.00 Cr..
For OPM %, as of Mar 2025, the value is 12.00%. The value appears strong and on an upward trend. It has increased from 7.00% (Dec 2024) to 12.00%, marking an increase of 5.00%.
For Other Income, as of Mar 2025, the value is 122.00 Cr.. The value appears to be declining and may need further review. It has decreased from 157.00 Cr. (Dec 2024) to 122.00 Cr., marking a decrease of 35.00 Cr..
For Interest, as of Mar 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.00 Cr. (Dec 2024) to 1.00 Cr., marking a decrease of 2.00 Cr..
For Depreciation, as of Mar 2025, the value is 74.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 75.00 Cr. (Dec 2024) to 74.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Mar 2025, the value is 287.00 Cr.. The value appears strong and on an upward trend. It has increased from 211.00 Cr. (Dec 2024) to 287.00 Cr., marking an increase of 76.00 Cr..
For Tax %, as of Mar 2025, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Dec 2024) to 27.00%, marking an increase of 2.00%.
For Net Profit, as of Mar 2025, the value is 210.00 Cr.. The value appears strong and on an upward trend. It has increased from 158.00 Cr. (Dec 2024) to 210.00 Cr., marking an increase of 52.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 14.29. The value appears strong and on an upward trend. It has increased from 10.75 (Dec 2024) to 14.29, marking an increase of 3.54.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:07 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	4,253	4,847	4,642	4,552	4,589	5,837	5,896	5,162	5,129	8,642	10,227	7,930	7,947
Expenses	3,659	4,231	4,662	3,989	3,936	4,445	5,022	4,621	4,125	6,259	8,348	7,428	7,427
Operating Profit	593	616	-21	563	653	1,392	874	542	1,003	2,384	1,879	502	520
OPM %	14%	13%	-0%	12%	14%	24%	15%	10%	20%	28%	18%	6%	7%
Other Income	40	45	52	252	517	140	215	153	237	209	361	469	487
Interest	63	92	274	297	203	100	6	5	20	3	5	13	26
Depreciation	149	145	209	251	251	270	263	264	272	292	303	308	307
Profit before tax	422	424	-452	268	715	1,162	819	425	948	2,298	1,932	651	674
Tax %	35%	31%	0%	35%	27%	32%	10%	-17%	27%	26%	24%	26%
Net Profit	273	292	-452	173	521	790	741	499	689	1,704	1,464	485	502
EPS in Rs	17.57	18.81	-29.09	11.11	33.54	50.80	47.69	32.10	44.35	109.62	94.20	32.99	34.16
Dividend Payout %	20%	19%	0%	18%	15%	15%	15%	16%	18%	9%	32%	50%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	6.96%	-254.79%	138.27%	201.16%	51.63%	-6.20%	-32.66%	38.08%	147.31%	-14.08%	-66.87%
Change in YoY Net Profit Growth (%)	0.00%	-261.75%	393.07%	62.88%	-149.52%	-57.83%	-26.46%	70.73%	109.24%	-161.40%	-52.79%

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	9%
3 Years:	-3%
TTM:	0%

Compounded Profit Growth
10 Years:	13%
5 Years:	3%
3 Years:	-30%
TTM:	21%

Stock Price CAGR
10 Years:	24%
5 Years:	31%
3 Years:	-7%
1 Year:	-16%

Return on Equity
10 Years:	13%
5 Years:	13%
3 Years:	10%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:37 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	155	155	155	155	155	155	155	155	155	155	155	147	147
Reserves	2,562	2,790	2,325	3,122	3,646	4,303	4,842	5,067	5,828	7,743	8,851	8,051	8,107
Borrowings	3,196	3,904	3,844	3,101	1,959	303	208	860	4	2	2	3	79
Other Liabilities	1,109	2,420	2,164	2,130	2,142	2,411	2,337	2,261	2,321	2,764	2,613	2,405	2,396
Total Liabilities	7,022	9,270	8,488	8,509	7,903	7,172	7,542	8,344	8,309	10,664	11,621	10,606	10,729
Fixed Assets	1,807	4,873	4,468	4,367	4,442	4,161	3,959	3,810	3,720	3,578	3,381	3,238	3,215
CWIP	2,752	23	13	9	14	14	25	82	161	138	187	289	266
Investments	130	132	145	729	762	726	732	596	853	1,222	3,106	2,919	2,674
Other Assets	2,332	4,241	3,861	3,404	2,683	2,271	2,826	3,856	3,575	5,727	4,946	4,160	4,574
Total Assets	7,022	9,270	8,488	8,509	7,903	7,172	7,542	8,344	8,309	10,664	11,621	10,606	10,729

Below is a detailed analysis of the balance sheet data for Gujarat Narmada Valley Fertilizers & Chemicals Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 147.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 147.00 Cr..
For Reserves, as of Sep 2024, the value is 8,107.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,051.00 Cr. (Mar 2024) to 8,107.00 Cr., marking an increase of 56.00 Cr..
For Borrowings, as of Sep 2024, the value is 79.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 3.00 Cr. (Mar 2024) to 79.00 Cr., marking an increase of 76.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 2,396.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,405.00 Cr. (Mar 2024) to 2,396.00 Cr., marking a decrease of 9.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 10,729.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,606.00 Cr. (Mar 2024) to 10,729.00 Cr., marking an increase of 123.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 3,215.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,238.00 Cr. (Mar 2024) to 3,215.00 Cr., marking a decrease of 23.00 Cr..
For CWIP, as of Sep 2024, the value is 266.00 Cr.. The value appears to be declining and may need further review. It has decreased from 289.00 Cr. (Mar 2024) to 266.00 Cr., marking a decrease of 23.00 Cr..
For Investments, as of Sep 2024, the value is 2,674.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,919.00 Cr. (Mar 2024) to 2,674.00 Cr., marking a decrease of 245.00 Cr..
For Other Assets, as of Sep 2024, the value is 4,574.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,160.00 Cr. (Mar 2024) to 4,574.00 Cr., marking an increase of 414.00 Cr..
For Total Assets, as of Sep 2024, the value is 10,729.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,606.00 Cr. (Mar 2024) to 10,729.00 Cr., marking an increase of 123.00 Cr..

Notably, the Reserves (8,107.00 Cr.) exceed the Borrowings (79.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	11	490	996	1,445	1,819	701	286	1,884	1,967	1,373	31	606
Cash from Investing Activity +	-394	-284	36	-53	49	-310	-901	-856	-1,899	-1,229	1,235	-466
Cash from Financing Activity +	334	-363	-1,037	-1,073	-1,400	-185	546	-934	-130	-160	-1,281	-262
Net Cash Flow	-48	-156	-5	320	468	206	-69	95	-62	-16	-14	-122

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	590.00	613.00	-24.00	560.00	652.00	-302.00	666.00	-318.00	-3.00	0.00	-1.00	499.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	101	110	107	119	88	70	77	100	36	26	13	29
Inventory Days	93	99	98	107	110	98	106	125	129	91	84	94
Days Payable	32	35	39	40	57	61	50	68	63	59	42	42
Cash Conversion Cycle	162	173	166	186	142	107	132	156	103	58	55	81
Working Capital Days	73	119	139	122	112	71	89	178	68	97	46	58
ROCE %	9%	8%	-3%	9%	10%	24%	17%	8%	16%	33%	23%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.30%	41.30%	41.30%	41.30%	41.30%
FIIs	22.39%	22.64%	22.39%	20.47%	20.01%	19.67%	18.63%	20.11%	19.40%	19.18%	16.15%	15.41%
DIIs	5.24%	5.34%	4.97%	4.77%	4.97%	4.11%	6.24%	7.58%	9.30%	6.58%	11.16%	11.10%
Public	31.19%	30.83%	31.45%	33.58%	33.83%	35.03%	33.93%	31.00%	29.99%	32.93%	31.38%	32.18%
No. of Shareholders	2,31,593	2,44,794	2,56,819	2,75,212	2,79,909	2,76,030	2,76,128	2,57,362	2,53,003	2,63,160	2,67,079	2,73,572

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
ICICI Prudential Smallcap Fund	1,895,613	1.48	129.57	1,895,613	2025-04-22 17:25:33	0%
ICICI Prudential Multi Asset Fund	1,371,661	0.19	93.75	1,371,661	2025-04-22 17:25:33	0%
ICICI Prudential Multicap Fund	1,092,557	0.52	74.68	1,092,557	2025-04-22 17:25:33	0%
HSBC Value Fund	689,200	0.34	47.11	689,200	2025-04-22 15:56:57	0%
Kotak Equity Arbitrage Fund - Regular Plan	681,200	0.09	46.56	681,200	2025-04-22 17:25:33	0%
ICICI Prudential Manufacturing Fund	622,745	0.63	42.56	622,745	2025-04-22 17:25:34	0%
SBI Arbitrage Opportunities Fund	520,000	0.11	35.54	520,000	2025-04-22 17:25:34	0%
Invesco India Arbitrage Fund	432,900	0.17	29.59	432,900	2025-04-22 17:25:34	0%
Aditya Birla Sun Life Arbitrage Fund	405,600	0.21	27.72	405,600	2025-04-22 15:56:57	0%
HSBC Arbitrage Fund	387,400	1.06	26.48	387,400	2025-04-22 15:56:57	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	32.47	94.68	110.05	44.84	32.69
Diluted EPS (Rs.)	32.47	94.68	110.05	44.84	32.69
Cash EPS (Rs.)	53.92	113.69	128.39	61.87	49.11
Book Value[Excl.RevalReserv]/Share (Rs.)	565.45	585.84	514.09	390.44	340.96
Book Value[Incl.RevalReserv]/Share (Rs.)	565.45	585.84	514.09	390.44	340.96
Revenue From Operations / Share (Rs.)	539.66	658.02	556.06	329.99	332.16
PBDIT / Share (Rs.)	66.09	144.11	166.85	79.82	44.68
PBIT / Share (Rs.)	45.16	124.62	148.08	62.30	27.67
PBT / Share (Rs.)	44.31	124.28	147.86	61.02	27.33
Net Profit / Share (Rs.)	32.99	94.19	109.62	44.34	32.10
NP After MI And SOA / Share (Rs.)	33.83	94.68	110.05	44.84	32.69
PBDIT Margin (%)	12.24	21.90	30.00	24.18	13.45
PBIT Margin (%)	8.36	18.93	26.63	18.87	8.33
PBT Margin (%)	8.21	18.88	26.59	18.49	8.22
Net Profit Margin (%)	6.11	14.31	19.71	13.43	9.66
NP After MI And SOA Margin (%)	6.26	14.38	19.79	13.58	9.84
Return on Networth / Equity (%)	5.98	16.16	21.40	11.48	9.58
Return on Capital Employeed (%)	6.91	18.61	24.57	13.04	6.49
Return On Assets (%)	4.65	12.58	15.95	8.31	6.03
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.16
Asset Turnover Ratio (%)	0.70	0.91	0.90	0.61	0.64
Current Ratio (X)	4.14	3.77	3.61	3.57	2.03
Quick Ratio (X)	3.11	2.90	2.89	2.73	1.51
Inventory Turnover Ratio (X)	5.25	6.66	5.60	3.43	4.05
Dividend Payout Ratio (NP) (%)	93.80	10.56	7.26	11.15	21.41
Dividend Payout Ratio (CP) (%)	57.94	8.75	6.21	8.01	14.08
Earning Retention Ratio (%)	6.20	89.44	92.74	88.85	78.59
Cash Earning Retention Ratio (%)	42.06	91.25	93.79	91.99	85.92
Interest Coverage Ratio (X)	77.57	425.81	749.48	62.18	131.77
Interest Coverage Ratio (Post Tax) (X)	39.72	279.32	493.41	35.55	95.67
Enterprise Value (Cr.)	7652.47	5923.19	11944.13	3224.13	2452.31
EV / Net Operating Revenue (X)	0.96	0.57	1.38	0.62	0.47
EV / EBITDA (X)	7.88	2.64	4.61	2.60	3.53
MarketCap / Net Operating Revenue (X)	1.16	0.77	1.52	0.91	0.34
Retention Ratios (%)	6.19	89.43	92.73	88.84	78.58
Price / BV (X)	1.10	0.86	1.64	0.77	0.33
Price / Net Operating Revenue (X)	1.16	0.77	1.52	0.91	0.34
EarningsYield	0.05	0.18	0.13	0.14	0.28

After reviewing the key financial ratios for Gujarat Narmada Valley Fertilizers & Chemicals Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 32.47. This value is within the healthy range. It has decreased from 94.68 (Mar 23) to 32.47, marking a decrease of 62.21.
For Diluted EPS (Rs.), as of Mar 24, the value is 32.47. This value is within the healthy range. It has decreased from 94.68 (Mar 23) to 32.47, marking a decrease of 62.21.
For Cash EPS (Rs.), as of Mar 24, the value is 53.92. This value is within the healthy range. It has decreased from 113.69 (Mar 23) to 53.92, marking a decrease of 59.77.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 565.45. It has decreased from 585.84 (Mar 23) to 565.45, marking a decrease of 20.39.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 565.45. It has decreased from 585.84 (Mar 23) to 565.45, marking a decrease of 20.39.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 539.66. It has decreased from 658.02 (Mar 23) to 539.66, marking a decrease of 118.36.
For PBDIT / Share (Rs.), as of Mar 24, the value is 66.09. This value is within the healthy range. It has decreased from 144.11 (Mar 23) to 66.09, marking a decrease of 78.02.
For PBIT / Share (Rs.), as of Mar 24, the value is 45.16. This value is within the healthy range. It has decreased from 124.62 (Mar 23) to 45.16, marking a decrease of 79.46.
For PBT / Share (Rs.), as of Mar 24, the value is 44.31. This value is within the healthy range. It has decreased from 124.28 (Mar 23) to 44.31, marking a decrease of 79.97.
For Net Profit / Share (Rs.), as of Mar 24, the value is 32.99. This value is within the healthy range. It has decreased from 94.19 (Mar 23) to 32.99, marking a decrease of 61.20.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 33.83. This value is within the healthy range. It has decreased from 94.68 (Mar 23) to 33.83, marking a decrease of 60.85.
For PBDIT Margin (%), as of Mar 24, the value is 12.24. This value is within the healthy range. It has decreased from 21.90 (Mar 23) to 12.24, marking a decrease of 9.66.
For PBIT Margin (%), as of Mar 24, the value is 8.36. This value is below the healthy minimum of 10. It has decreased from 18.93 (Mar 23) to 8.36, marking a decrease of 10.57.
For PBT Margin (%), as of Mar 24, the value is 8.21. This value is below the healthy minimum of 10. It has decreased from 18.88 (Mar 23) to 8.21, marking a decrease of 10.67.
For Net Profit Margin (%), as of Mar 24, the value is 6.11. This value is within the healthy range. It has decreased from 14.31 (Mar 23) to 6.11, marking a decrease of 8.20.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.26. This value is below the healthy minimum of 8. It has decreased from 14.38 (Mar 23) to 6.26, marking a decrease of 8.12.
For Return on Networth / Equity (%), as of Mar 24, the value is 5.98. This value is below the healthy minimum of 15. It has decreased from 16.16 (Mar 23) to 5.98, marking a decrease of 10.18.
For Return on Capital Employeed (%), as of Mar 24, the value is 6.91. This value is below the healthy minimum of 10. It has decreased from 18.61 (Mar 23) to 6.91, marking a decrease of 11.70.
For Return On Assets (%), as of Mar 24, the value is 4.65. This value is below the healthy minimum of 5. It has decreased from 12.58 (Mar 23) to 4.65, marking a decrease of 7.93.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.70. It has decreased from 0.91 (Mar 23) to 0.70, marking a decrease of 0.21.
For Current Ratio (X), as of Mar 24, the value is 4.14. This value exceeds the healthy maximum of 3. It has increased from 3.77 (Mar 23) to 4.14, marking an increase of 0.37.
For Quick Ratio (X), as of Mar 24, the value is 3.11. This value exceeds the healthy maximum of 2. It has increased from 2.90 (Mar 23) to 3.11, marking an increase of 0.21.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 5.25. This value is within the healthy range. It has decreased from 6.66 (Mar 23) to 5.25, marking a decrease of 1.41.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 93.80. This value exceeds the healthy maximum of 50. It has increased from 10.56 (Mar 23) to 93.80, marking an increase of 83.24.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 57.94. This value exceeds the healthy maximum of 50. It has increased from 8.75 (Mar 23) to 57.94, marking an increase of 49.19.
For Earning Retention Ratio (%), as of Mar 24, the value is 6.20. This value is below the healthy minimum of 40. It has decreased from 89.44 (Mar 23) to 6.20, marking a decrease of 83.24.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 42.06. This value is within the healthy range. It has decreased from 91.25 (Mar 23) to 42.06, marking a decrease of 49.19.
For Interest Coverage Ratio (X), as of Mar 24, the value is 77.57. This value is within the healthy range. It has decreased from 425.81 (Mar 23) to 77.57, marking a decrease of 348.24.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 39.72. This value is within the healthy range. It has decreased from 279.32 (Mar 23) to 39.72, marking a decrease of 239.60.
For Enterprise Value (Cr.), as of Mar 24, the value is 7,652.47. It has increased from 5,923.19 (Mar 23) to 7,652.47, marking an increase of 1,729.28.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.96. This value is below the healthy minimum of 1. It has increased from 0.57 (Mar 23) to 0.96, marking an increase of 0.39.
For EV / EBITDA (X), as of Mar 24, the value is 7.88. This value is within the healthy range. It has increased from 2.64 (Mar 23) to 7.88, marking an increase of 5.24.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.16. This value is within the healthy range. It has increased from 0.77 (Mar 23) to 1.16, marking an increase of 0.39.
For Retention Ratios (%), as of Mar 24, the value is 6.19. This value is below the healthy minimum of 30. It has decreased from 89.43 (Mar 23) to 6.19, marking a decrease of 83.24.
For Price / BV (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.86 (Mar 23) to 1.10, marking an increase of 0.24.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.16. This value is within the healthy range. It has increased from 0.77 (Mar 23) to 1.16, marking an increase of 0.39.
For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.18 (Mar 23) to 0.05, marking a decrease of 0.13.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as of June 1, 2025 is: 446.68

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Gujarat Narmada Valley Fertilizers & Chemicals Ltd is Overvalued by 16.51% compared to the current share price 535.00

Intrinsic Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as of June 1, 2025 is: 423.96

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Gujarat Narmada Valley Fertilizers & Chemicals Ltd is Overvalued by 20.76% compared to the current share price 535.00

Last 5 Year EPS CAGR: -5.09%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (5,172.08 cr) compared to borrowings (1,343.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (5.54 cr) and profit (376.77 cr) over the years.	The stock has a low average ROCE of 13.50%, which may not be favorable. The stock has a high average Working Capital Days of 97.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 126.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Gujarat Narmada Valley Fertilizers & Chemicals Ltd:
1. Net Profit Margin: 6.11%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 6.91% (Industry Average ROCE: 12.72%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.98% (Industry Average ROE: 10.81%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 39.72
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.11
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 13.4 (Industry average Stock P/E: 148.55)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is a Public Limited Listed company incorporated on 10/05/1976 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L24110GJ1976PLC002903 and registration number is 002903. Currently Company is involved in the business activities of Manufacture of urea and other organic fertilizers. Company's Total Operating Revenue is Rs. 7892.00 Cr. and Equity Capital is Rs. 147.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Fertilisers	P.O: Narmadanagar, Bharuch District Gujarat 392015	investor@gnfc.in http://www.gnfc.in

Management
Name	Position Held
Mr. Raj Kumar	Chairman
Mr. Pankaj Joshi	Managing Director
Mrs. Mamta Verma	Director
Mr. J P Gupta	Director
Prof. Ranjan Kumar Ghosh	Independent Director
Mr. Bhadresh Mehta	Independent Director
Dr. N Ravichandran	Independent Director
Prof. Piyushkumar Sinha	Independent Director
Mr. Kamal Dayani	Director
Mrs. Gauri Kumar	Independent Woman Director

FAQ

What is the intrinsic value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd's intrinsic value (as of 01 June 2025) is ₹446.68 — 16.51% lower the current market price of 535.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,868 Cr. market cap, FY2025-2026 high/low of ₹777/449, reserves of 8,107 Cr, and liabilities of 10,729 Cr.

What is the Market Cap of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The Market Cap of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 7,868 Cr..

What is the current Stock Price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as on 01 June 2025?

The current stock price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as on 01 June 2025 is 535.

What is the High / Low of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stocks is ₹777/449.

What is the Stock P/E of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The Stock P/E of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 13.4.

What is the Book Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The Book Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 575.

What is the Dividend Yield of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The Dividend Yield of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 3.08 %.

What is the ROCE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The ROCE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 9.70 %.

What is the ROE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The ROE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 7.03 %.

What is the Face Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd?

The Face Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 10.0.