Fundamental Analysis of Gujarat Narmada Valley Fertilizers & Chemicals Ltd

About the Company - Gujarat Narmada Valley Fertilizers & Chemicals Ltd

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. 8642.29 Cr. and Equity Capital is Rs. 155.42 Cr. for the Year ended 31/03/2022.

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. Gauri Kumar	Director
Mrs. Mamta Verma	Director
Prof. Ranjan Kumar Ghosh	Director
Mr. Mukesh Puri	Director
Mr. J P Gupta	Director
Mr. Bhadresh Mehta	Director
Dr. N Ravichandran	Director
Prof. Piyushkumar Sinha	Director

Basic Stock Data of Gujarat Narmada Valley Fertilizers & Chemicals Ltd

Last Updated: July 26, 2024, 10:37 pm

Market Cap	10,049 Cr.
Current Price	683
High / Low	815/532
Stock P/E	20.7
Book Value	558
Dividend Yield	4.39 %
ROCE	7.72 %
ROE	5.64 %
Face Value	10.0
PEG Ratio	1.59

Data Source: screener.in

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
Bharat Agri Fert & Realty Ltd	529 Cr.	100	132/77.0		9.97	0.00 %	6.14 %	14.8 %	1.00
Basant Agro Tech (India) Ltd	193 Cr.	21.4	28.9/17.7	48.9	19.2	0.37 %	6.35 %	2.30 %	1.00
Zuari Agro Chemicals Ltd	874 Cr.	208	260/135	8.76	403	0.00 %	11.1 %	6.10 %	10.0
Southern Petrochemicals Industries Corporation Ltd (SPIC)	1,712 Cr.	84.0	108/62.0	11.8	52.8	1.79 %	17.5 %	14.1 %	10.0
Sikko Industries Ltd	190 Cr.	113	118/54.6	35.7	16.6	0.13 %	20.6 %	15.7 %	10.0
Industry Average	8,337.33 Cr	294.90		40.14	134.07	0.92%	18.05%	11.49%	7.56

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	1,508	1,733	1,394	2,096	2,380	2,772	2,696	2,587	2,673	2,271	1,652	2,080	2,088
Expenses	1,145	1,263	1,001	1,665	1,706	1,887	1,933	2,278	2,235	1,902	1,547	1,911	2,004
Operating Profit	363	470	393	431	674	885	763	309	438	369	105	169	84
OPM %	24%	27%	28%	21%	28%	32%	28%	12%	16%	16%	6%	8%	4%
Other Income	45	49	43	58	48	61	76	85	77	123	88	152	121
Interest	1	1	1	1	1	0	2	1	1	1	1	1	7
Depreciation	70	68	70	71	76	75	76	77	76	74	76	78	76
Profit before tax	337	450	366	417	645	871	761	316	438	417	116	242	122
Tax %	29%	31%	34%	32%	16%	26%	25%	25%	26%	20%	27%	26%	22%
Net Profit	240	309	240	282	539	643	569	237	324	334	85	178	95
EPS in Rs	15.45	19.88	15.43	18.16	34.68	41.37	36.61	15.25	20.85	21.49	5.47	11.45	6.47

Last Updated: July 15, 2024, 10:54 pm

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Quarterly Chart

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Profit & Loss

Last Updated: July 10, 2024, 5:40 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	3,862	4,253	4,847	4,642	4,552	4,589	5,837	5,896	5,162	5,129	8,642	10,227	8,676
Expenses	3,311	3,659	4,231	4,662	3,989	3,936	4,445	5,022	4,621	4,125	6,259	8,348	7,595
Operating Profit	551	593	616	-21	563	653	1,392	874	542	1,003	2,384	1,879	1,081
OPM %	14%	14%	13%	-0%	12%	14%	24%	15%	10%	20%	28%	18%	12%
Other Income	30	40	45	52	252	517	140	215	153	237	209	361	440
Interest	34	63	92	274	297	203	100	6	5	20	3	5	4
Depreciation	131	149	145	209	251	251	270	263	264	272	292	303	304
Profit before tax	417	422	424	-452	268	715	1,162	819	425	948	2,298	1,932	1,213
Tax %	32%	35%	31%	0%	35%	27%	32%	10%	-17%	27%	26%	24%
Net Profit	284	273	292	-452	173	521	790	741	499	689	1,704	1,464	921
EPS in Rs	18.26	17.57	18.81	-29.09	11.11	33.54	50.80	47.69	32.10	44.35	109.62	94.20	59.26
Dividend Payout %	19%	20%	19%	0%	18%	15%	15%	15%	16%	18%	9%	32%

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Profit & Loss Yearly Chart

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	6%
3 Years:	16%
TTM:	-22%

Compounded Profit Growth
10 Years:	5%
5 Years:	-8%
3 Years:	-11%
TTM:	-67%

Stock Price CAGR
10 Years:	21%
5 Years:	26%
3 Years:	22%
1 Year:	12%

Return on Equity
10 Years:	12%
5 Years:	14%
3 Years:	15%
Last Year:	6%

Last Updated: July 24, 2024, 5:44 pm

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Balance Sheet

Last Updated: July 10, 2024, 5:40 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	155	155	155	155	155	155	155	155	155	155	155	155	155
Reserves	2,352	2,562	2,790	2,325	3,122	3,646	4,303	4,842	5,067	5,828	7,743	8,851	8,568
Borrowings	1,990	3,196	3,904	3,844	3,101	1,959	303	208	860	4	2	2	173
Other Liabilities	1,192	1,109	2,420	2,164	2,130	2,142	2,411	2,337	2,261	2,321	2,764	2,613	2,995
Total Liabilities	5,689	7,022	9,270	8,488	8,509	7,903	7,172	7,542	8,344	8,309	10,664	11,621	11,891
Fixed Assets	1,605	1,807	4,873	4,468	4,367	4,442	4,161	3,959	3,810	3,720	3,578	3,381	3,332
CWIP	1,867	2,752	23	13	9	14	14	25	82	161	138	187	186
Investments	98	130	132	145	729	762	726	732	596	853	1,222	3,106	3,127
Other Assets	2,119	2,332	4,241	3,861	3,404	2,683	2,271	2,826	3,856	3,575	5,727	4,946	5,246
Total Assets	5,689	7,022	9,270	8,488	8,509	7,903	7,172	7,542	8,344	8,309	10,664	11,621	11,891

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Reserves and Borrowings Chart

Gujarat Narmada Valley Fertilizers & Chemicals Ltd 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
Cash from Operating Activity	-160	11	490	996	1,445	1,819	701	286	1,884	1,967	1,373	32
Cash from Investing Activity	-808	-394	-284	36	-53	49	-310	-901	-856	-1,899	-1,229	1,235
Cash from Financing Activity	889	334	-363	-1,037	-1,073	-1,400	-185	546	-934	-130	-160	-1,281
Net Cash Flow	-79	-48	-156	-5	320	468	206	-69	95	-62	-16	-14

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	74	101	110	107	119	88	70	77	100	36	26	13
Inventory Days	99	93	99	98	107	110	98	106	125	129	91	84
Days Payable	77	32	35	39	40	57	61	50	68	63	59	42
Cash Conversion Cycle	95	162	173	166	186	142	107	132	156	103	58	55
Working Capital Days	-8	73	119	139	122	112	71	89	178	68	97	46
ROCE %	11%	9%	8%	-3%	9%	10%	24%	17%	8%	16%	33%	23%

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Financial Efficiency Indicators Chart

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.18%	41.30%	41.30%
FIIs	11.68%	13.75%	17.27%	22.39%	22.64%	22.39%	20.47%	20.01%	19.67%	18.63%	20.11%	19.40%
DIIs	10.31%	7.31%	6.61%	5.24%	5.34%	4.97%	4.77%	4.97%	4.11%	6.24%	7.58%	9.30%
Public	36.83%	37.76%	34.93%	31.19%	30.83%	31.45%	33.58%	33.83%	35.03%	33.93%	31.00%	29.99%
No. of Shareholders	2,38,854	2,31,062	2,25,727	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

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Shareholding Pattern Chart

No. of Gujarat Narmada Valley Fertilizers & Chemicals Ltd Shareholders

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Kotak Equity Arbitrage Fund - Regular Plan	819,000	0.18	56.25	378,300	2024-07-25	116.49%
SBI Arbitrage Opportunities Fund	715,000	0.21	49.11	378,300	2024-07-25	89%
HSBC Value Fund	689,200	0.47	47.34	378,300	2024-07-25	82.18%
ICICI Prudential Smallcap Fund	624,328	0.65	42.88	378,300	2024-07-25	65.04%
Invesco India Arbitrage Fund	543,400	0.36	37.32	378,300	2024-07-25	43.64%
DSP Arbitrage Fund	518,700	1.31	35.63	378,300	2024-07-25	37.11%
Aditya Birla Sun Life Pure Value Fund	503,985	0.67	34.62	378,300	2024-07-25	33.22%
Mahindra Manulife Small Cap Fund	490,000	1.32	33.66	378,300	2024-07-25	29.53%
Nippon India Arbitrage Fund	378,300	0.22	25.98	378,300	2024-07-25	0%
ICICI Prudential Equity - Arbitrage Fund	352,300	0.15	24.2	378,300	2024-07-25	-6.87%

Gujarat Narmada Valley Fertilizers & Chemicals Ltd ROCE Trend

Gujarat Narmada Valley Fertilizers & Chemicals Ltd EPS Trend

Gujarat Narmada Valley Fertilizers & Chemicals Ltd 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.)	32.48	94.68	110.05	44.84	32.69
Diluted EPS (Rs.)	32.48	94.68	110.05	44.84	32.69
Cash EPS (Rs.)	53.95	113.69	128.39	61.87	49.11
Book Value[Excl.RevalReserv]/Share (Rs.)	565.24	585.84	514.09	390.44	340.96
Book Value[Incl.RevalReserv]/Share (Rs.)	565.24	585.84	514.09	390.44	340.96
Revenue From Operations / Share (Rs.)	539.46	658.02	556.06	329.99	332.16
PBDIT / Share (Rs.)	66.12	144.11	166.85	79.82	44.68
PBIT / Share (Rs.)	45.17	124.62	148.08	62.30	27.67
PBT / Share (Rs.)	44.28	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.)	33.81	94.68	110.05	44.84	32.69
PBDIT Margin (%)	12.25	21.90	30.00	24.18	13.45
PBIT Margin (%)	8.37	18.93	26.63	18.87	8.33
PBT Margin (%)	8.20	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 (%)	6.92	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)	4.15	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)	3.91	6.66	5.60	3.43	4.05
Dividend Payout Ratio (NP) (%)	0.00	10.56	7.26	11.15	21.41
Dividend Payout Ratio (CP) (%)	0.00	8.75	6.21	8.01	14.08
Earning Retention Ratio (%)	0.00	89.44	92.74	88.85	78.59
Cash Earning Retention Ratio (%)	0.00	91.25	93.79	91.99	85.92
Interest Coverage Ratio (X)	74.77	425.81	749.48	62.18	131.77
Interest Coverage Ratio (Post Tax) (X)	38.31	279.32	493.41	35.55	95.67
Enterprise Value (Cr.)	7656.56	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 (%)	0.00	89.43	92.73	88.84	78.58
Price / BV (X)	1.11	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

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Profitability Ratios (%)

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Liquidity Ratios

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Liquidity Ratios (%)

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Interest Coverage Ratios (%)

Gujarat Narmada Valley Fertilizers & Chemicals Ltd Valuation Ratios

Fair Value

Fair Value: 680.05

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.

Overvalued: 0.43% compared to the current price 683

Intrinsic Value: 768.77

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 12.56% compared to the current price 683

Last 5 Year EPS CAGR: 13.04%

*Investments are subject to market risks

Strength and Weakness of Gujarat Narmada Valley Fertilizers & Chemicals Ltd Stock

Strength	Weakness
The company has higher reserves (4,927.50 cr) compared to borrowings (1,448.83 cr), indicating strong financial stability. The company has shown consistent growth in sales (5.31 cr) and profit (307.00 cr) over the years.	The stock has a low average ROCE of 13.75%, which may not be favorable. The stock has a high average Working Capital Days of 92.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 127.92, which may not be favorable.

FAQ

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

The latest fair value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is ₹680.05.

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

The Market Cap of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 10,049 Cr..

What is the current Stock Price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as on 27 July 2024?

The current stock price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd as on 27 July 2024 is 683.

What is the High / Low of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stocks in FY 2024?

In FY 2024, the High / Low of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stocks is 815/532.

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 20.7.

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

The Book Value of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 558.

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

The Dividend Yield of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 4.39 %.

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

The ROCE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 7.72 %.

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

The ROE of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is 5.64 %.

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.