Company File · BSE 542812 · Latest filing Q1 FY27
Standalone = this company only. Consolidated = including its subsidiaries.
Gujarat Fluorochemicals Limited
Data as of 19 Oct 2026 close · BSE · Latest results Q1 FY27
ISIN INE09N301011 · FLUOROCHEM · Chemicals › Chemicals & Petrochemicals
About the business
What does Gujarat Fluorochemicals do? It is part of the INOX group & makes fluorine-based chemicals. These include fluoropolymers such as PTFE & refrigerant gases. What is PTFE? A tough, non-stick plastic, best known as the coating on non-stick pans. Its products go into autos, electronics, pharma & industry, & it is building materials for EV batteries & solar panels.
Price & valuation · BSE close, 19 Oct 2026
Above its usual level
- Sales growth
- +24.0%
- Profit growth
- +19.0%
- Op. margin
- 27.0%
- P/E
- 79.9×
- Usual P/E
- 62.8×
- Price/book
- 6.18×
- ROCE
- 9.8%
- ROE
- 7.5%
- Debt/equity
- 0.28×
- Promoter
- 61.39%
- Pledged
- 7.53%
From the latest earnings call · Apr to Jun 2026 · transcript filed 19 Aug 2026
GFL reported Apr–Jun 2026 consolidated revenue growth of 24% from a year earlier to ₹1,588 crore with EBITDA up 24% to ₹428 crore. Chemical segment drove performance with fluoropolymers growing 15% & fluorochemicals surging 52% from a year earlier on R32 demand; battery materials segment ramping toward commercialization.
Guidance on this call: fluoropolymers annual growth. The numbers are in the full notes, with Premium.
Is it expensive, and is it a good business?
Key ratios
In short Priced above its own usual level (P/E 79.9× vs 62.8×), earns low returns on capital (ROCE 9.8%) and has modest borrowings (debt to equity 0.28×).
What you pay Valuation
Buyers pay about ₹80 for every ₹1 the company earned per share over the last year. Above its 1-year median of 62.8×.
Latest BSE close ÷ last four quarters' basic EPS. As of 19th October 2026.
The share price is 6.2 times the accounting value of each share. Above its 1-year median of 5.2×.
Latest BSE close ÷ book value per share (equity ÷ shares) on the latest balance-sheet date. As of 19th October 2026.
The market values the company at 9.2 times its yearly sales.
Market value ÷ last 12 months' revenue. As of 19th October 2026.
The whole business (shares plus debt, minus cash) is valued at about 36.9 years of its operating profit.
Enterprise value ÷ last 12 months' EBITDA. As of 19th October 2026.
The P/E of 79.9 divided by EPS growth of 5.2% (the latest financial year vs the year before). Below 1 is often read as cheap for the growth; above 2 as expensive.
P/E ÷ 12-month EPS growth in % (the last four quarters vs the four before; when those are not all held, the latest financial year vs the year before). Growth above 100% counts as 100%; left blank when EPS fell or was below ₹1 a share a year earlier. Without one-off items when either year has large ones, as for the P/E. As of 19th October 2026.
The company paid ₹3.00 a share in the last 12 months (1 payout), 0.07% of today's share price.
Dividends per share with an ex-date in the last 12 months (restated for any split or bonus since) ÷ the latest BSE close. As of 19th October 2026.
How well it uses money Returns & strength
Each ₹100 of shareholders' money and debt earned about ₹9.8 before interest & tax.
Last 12 months' profit before interest & tax ÷ average (equity + borrowings). As of 31st March 2026.
For every ₹100 of shareholders' money, the company earned about ₹7.5 in a year.
Last 12 months' profit after tax (continuing operations where reported) ÷ average equity. As of 31st March 2026.
Needs reported tax expense that reconciles with profit; not yet available for these periods.
Last 12 months' operating profit after tax (profit before interest & tax × (1 − effective tax rate)) ÷ average invested capital (equity + borrowings − cash & bank balances). As of 31st March 2026.
Every ₹1 of assets generated about ₹0.44 of sales in a year.
Last 12 months' revenue ÷ average total assets. As of 31st March 2026.
Operating profit covered interest costs about 8 times.
Last 12 months' profit before interest & tax ÷ finance costs. As of 30th June 2026.
For every ₹1 of shareholders' money, it has borrowed ₹0.28.
Borrowings ÷ shareholders' equity on the latest balance-sheet date. As of 31st March 2026.
Who owns it Ownership & more
The founders or parent group own 61.39% of the company.
Promoter & promoter group shareholding from the latest shareholding pattern filed with BSE. As of 30th September 2026.
Promoter holding did not change over the last quarter.
Latest quarter's promoter holding minus the previous quarter's. As of 30th September 2026.
Promoter holding, quarter by quarter
- Sep 202661.39%
- Jun 202661.39%
- Mar 202661.39%
- Dec 202561.39%
- Sep 202561.39%
Promoters have pledged 7.53% of their shares (50.8 lakh shares), 4.63% of the company.
Promoter group shares pledged ÷ all the promoter group's shares, from the shareholding pattern filed with BSE each quarter (other encumbrances, such as non-disposal undertakings, are not counted). As of 30th September 2026.
Pledged, quarter by quarter
- Sep 20267.53%
- Jun 20265.97%
- Mar 20263.08%
- Dec 20250.01%
- Sep 20250.86%
After paying for new plant & equipment, operations left ₹-245 crore of cash.
Cash from operations − spending on plant & equipment, latest full year. As of 31st March 2026.
Free cash flow, year by year
- FY26₹-245 Cr
- FY25₹-274 Cr
Each share has a face (nominal) value of ₹1. It matters for dividends quoted as a percentage, not for valuation.
Face value per share as BSE lists it today.
About 10.99 crore shares were in issue.
BSE's count of listed shares (BSE's market cap ÷ its price), so splits, bonuses & new shares since the latest results are included. As of 19th October 2026.
Your ratios
Ratios you added. Your choices are remembered on this device.
The stock market values the company at about ₹48,899 crore.
Latest BSE close × BSE's count of listed shares. As of 19th October 2026.
Buying the whole business, including its debt and keeping its cash, would cost about ₹50,748 crore.
Market value + borrowings − cash & bank balances. As of 19th October 2026.
The company reported ₹609 crore of profit over the last four quarters.
Sum of the last four quarters' reported profit after tax. As of 30th June 2026.
Each share earned about ₹55.69 over the last year.
Sum of the last four quarters' basic EPS. As of 30th June 2026.
Each share is backed by about ₹720 of net assets on the books.
Shareholders' equity ÷ shares. As of 31st March 2026.
About ₹25.9 of every ₹100 of sales was left after running costs.
EBITDA ÷ revenue over the last four quarters. As of 30th June 2026.
About ₹13.8 of every ₹100 of sales became profit last quarter.
Profit after tax ÷ revenue for the latest quarter. As of 30th June 2026.
Sales were 24.0% higher than a year earlier.
Latest quarter's revenue vs the same quarter last year. As of 30th June 2026.
Profit was 19.0% higher than a year earlier.
Latest quarter's profit after tax vs the same quarter last year (continuing operations when a one-off discontinued item exists). As of 30th June 2026.
Short-term assets cover short-term bills 1.72 times.
Current assets ÷ current liabilities. As of 31st March 2026.
Customers take about 94 days to pay.
Trade receivables ÷ last 12 months' revenue × 365. As of 31st March 2026.
Stock on hand equals about 141 days of sales.
Inventories ÷ last 12 months' revenue × 365. As of 31st March 2026.
3.6% of pre-tax profit came from other income (interest, dividends, gains).
Other income ÷ profit before tax, last 12 months. As of 30th June 2026.
Each ₹1 of profit brought in ₹1.67 of operating cash.
Latest full year's cash from operations ÷ profit after tax. As of 31st March 2026.
Borrowings exceed cash by ₹1,849 crore.
Cash & bank balances − borrowings. As of 31st March 2026.
Needs reported tax expense that reconciles.
Tax expense ÷ profit before tax (continuing operations), last 12 months. As of 30th June 2026.
Everything the company owns earned 5.1% in a year.
Last 12 months' profit ÷ average total assets. As of 31st March 2026.
Operating profit before interest, depreciation & tax was ₹1,375 crore.
Revenue − expenses + finance costs + depreciation, last four quarters. As of 30th June 2026.
Needs five financial years of cash flows.
Sum over five financial years of (cash from operations − capital expenditure).
The company spent ₹1,206 crore on plant & equipment.
Purchase of property, plant & equipment, latest full year. As of 31st March 2026.
Borrowings stood at ₹2,199 crore.
Current + non-current borrowings. As of 31st March 2026.
Foreign institutions own 4.53%.
Foreign institutional holding from the latest shareholding pattern. As of 30th September 2026.
Domestic institutions own 13.32%.
Domestic institutional holding (mutual funds, insurers, banks, pension funds). As of 30th September 2026.
The highest price in the last year was ₹4,959.45.
Highest intraday BSE price in the last 12 months (raw, not adjusted). As of 13th August 2026.
The lowest price in the last year was ₹2,917.
Lowest intraday BSE price in the last 12 months (raw, not adjusted). As of 28th January 2026.
The share price moved 19.2% over the last year.
Close today ÷ close a year ago − 1 (raw prices, dividends not included). As of 19th October 2026.
About 5% of the last year's earnings per share was paid out as dividends.
Dividends per share with an ex-date in the last 12 months ÷ the last four quarters' EPS. As of 30th June 2026.
Needs four financial years of results (three years of growth).
Compound annual growth in revenue over three financial years.
Needs four financial years of results (three years of growth).
Compound annual growth in profit after tax over three financial years.
Tap the i beside any ratio for a plain explanation.
How these are worked out
Price-based ratios use the latest BSE close (19th October 2026). Share count 10.99 crore, from paid-up capital in the 19th October 2026 filing. Figures are consolidated.
What you pay: Higher numbers mean you pay more for each rupee the company earns or owns.
How well it uses money: Higher returns mean each rupee in the business earns more. Lower debt means less strain.
Who owns it: A steady promoter stake with nothing pledged is a calm sign.
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Last 4 quarters ₹ crore · Consolidated
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|
| Revenue from operations | 1,210 | 1,136 | 1,369 | 1,588 |
| EBITDA | 364.0 | 275.0 | 308.0 | 428.0 |
| Operating margin | 30.1% | 24.2% | 22.5% | 27.0% |
| One-off items | – | −17.0 | −3.0 | – |
| Profit after tax | 179.0 | 102.0 | 109.0 | 219.0 |
| Profit after tax without one-offs | 179.0 | 114.8 | 111.3 | 219.0 |
| Basic EPS (₹) | 16.31 | 9.29 | 9.92 | 20.17 |
One-off items: exceptional items reported separately in the filing. Profit without one-offs takes them out after tax at 25%.
Latest filings BSE
Corporate announcements 8
- 24 Sep 2026Intimation For Appointment/Re-Appointment Of Directors At Eighth Annual General Meeting By Shareholders Of The Company
- 24 Sep 2026Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportAGM
- 24 Sep 2026Shareholder Meeting / Postal Ballot-Outcome of AGM
Quarterly results 3
- 12 Aug 2026Financial Results For The Quarter Ended 30Th June, 2026
- 12 Aug 2026Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June, 2026Outcome of Board Meeting
- 4 Aug 2026Board Meeting Intimation for Intimation Of The Meeting Of The Board Of Directors To Consider Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June, 2026
Conference calls 5
- 26 Aug 2026Analyst / Investor Meet - Intimation
- 19 Aug 2026Earnings Call TranscriptOpens the call notes & transcript
- 12 Aug 2026Analyst / Investor Meet - Outcome
Investor presentations 1
- 12 Aug 2026Investor Presentation
Members see every filing, and what each means for the company in Corporate Intelligence.
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