Gujarat Alkalies & Chemicals Q1 FY27 Share Price & Earnings Call Analysis

₹541.20-2.32% today
Market cap
₹3,975 Cr
P/E
59.90
ROE
-0.05%
Price to sales
0.89
Debt to equity
0.11
52W high / low
₹802 / ₹414
Sales growth (5Y)
12.40%
EBITDA margin
11.15%
Net profit margin
-0.06%
Promoter holding
47.28%
Sales (last year)
₹4,498 Cr

Incorporated in 1973, Gujarat Alkalies and Chemicals Ltd is promoted by the Government of Gujarat, with promoter-group shareholding of 47.28% as of FY26. The company operates manufacturing complexes at Vadodara and Dahej, Gujarat, and has 50+ years of operating history in chlor-alkali and allied chemicals.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance

  1. 2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Chemicals & Petrochemicals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹263 Cr3.4
240%+Flat₹4,375 Cr83.7
340%+Flat₹3,259 Cr4.0
440%+Flat₹145 Cr15.9
520–40%Up 2%+₹1.81L Cr90.9
620–40%Up 2%+₹48,366 Cr78.3

Financials of Gujarat Alkalies

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Gujarat Alkalies

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +1,1231,1389139719211,0029779911,0291,0751,1051,0831,044
Expenses +8859368829559419989239459519741,0101,009948
Operating Profit2382023116-204544678101957496
OPM %21%18%3%2%-2%0%6%5%8%9%9%7%9%
Other Income +68127153349152485930
Interest881011111211111018141618
Depreciation798889959697971009897102104104
Profit before tax157115-57-18-123-102-50-16-1510-12144
Tax %44%38%0%-0%-6%-55%-11%15%-27%13%15%-21%621%
Net Profit +8771-57-18-115-46-45-18-119-1416-20
EPS in Rs11.879.67-7.78-2.50-15.68-6.29-6.06-2.48-1.531.20-1.882.23-2.72

Financials of Gujarat Alkalies

Profit & Loss

Annual income statement trend

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +1,9952,0702,4553,1612,7252,4293,7594,5163,8074,0734,308
Expenses +1,6601,6221,6692,0462,1482,0722,7743,5683,7753,7933,942
Operating Profit3354487861,11557735798494932279366
OPM %17%22%32%35%21%15%26%21%1%7%8%
Other Income +455610662906746429092123
Interest101315211415619455166
Depreciation107111127140162174198276377392407
Profit before tax2623817491,016491235826695-300-7116
Tax %16%19%29%32%32%29%32%41%-21%-9%
Net Profit +220307534690332166560410-237-65-9
EPS in Rs29.9041.8572.7893.9845.2222.5776.2255.78-32.25-8.87-1.17
Dividend Payout %15%12%9%9%18%35%13%42%-43%-178%

Financials of Gujarat Alkalies

Balance Sheet

Capital structure and asset base

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital7373737373737373737373
Reserves2,8543,2823,7484,2224,5225,3015,8266,0666,0025,5965,497
Borrowings +295353291247205498594597544561637
Other Liabilities +6717268599881,0901,2821,4841,5991,4041,7562,002
Total Liabilities3,8944,4354,9705,5315,8917,1547,9778,3358,0237,9878,209
Fixed Assets +1,8212,0732,1042,3002,6102,5872,7024,2504,6174,5844,522
CWIP831512523074451,1091,787544957937
Investments8541,0161,1451,0651,2422,0922,1101,8312,0931,9762,044
Other Assets +1,1361,1961,4691,8581,5941,3661,3791,7101,2181,3481,607
Total Assets3,8944,4354,9705,5315,8917,1547,9778,3358,0237,9878,209

Financials of Gujarat Alkalies

Cash Flows

Operating, investing and financing cash movement

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +20150251483863042173596067381
Cash from Investing Activity +-352-467-395-581-634-334-804-662-90-264
Cash from Financing Activity +8413-116-136-14622612-140-277-145
Net Cash Flow-67493122-150313-58158-301-28
Free Cash Flow-806323045156-370-173277-16459
CFO/OP75%132%83%98%121%133%106%121%353%112%

Financials of Gujarat Alkalies

Ratios

Working capital efficiency and return ratios

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days60586056504329231724
Inventory Days999414799928810111193110
Days Payable9912515413412611110111986115
Cash Conversion Cycle60275322172129152519
Working Capital Days898198961071045-1-3
ROCE %11%18%24%11%5%13%11%-4%-0%
15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−5.8%56%
Last 6 months−32.4%7%
Last 3 months−19.3%23%

The price is 45.6% below its all-time high of ₹994 (29 Apr 2022). Stocks more than 20% below their peak have their score halved, so 30 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Gujarat Alkalies: 0.4 × 56 + 0.4 × 7 + 0.2 × 23 = 30, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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