Gujarat State Fertilizers & Chemicals Limited (GSFC.NS) shares on the National Stock Exchange closed at about ₹182 to ₹185 on February 10, 2026, up nearly 2% to 3% intraday as markets responded to the company’s quarterly results. GSFC trades on both the NSE and BSE. Stock prices reflect latest session close.
Market Capitalization
At current equity prices, GSFC’s market capitalization stands around ₹7,200 crore to ₹7,300 crore ($880 million to $900 million equivalent).
Q3 FY2025-26 Results
For the quarter ended December 31, 2025, Gujarat State Fertilizers & Chemicals reported consolidated revenue from operations of ₹2,941.05 crore, up 4.5% from ₹2,814.07 crore a year earlier. Net profit of ₹158.06 crore was up 18.1% from ₹133.85 crore in Q3 FY2024-25. Operating margin was approximately 6.0% in Q3, up from 5.6% a year ago. Consolidated figures showed steady growth in revenue and profit compared with the prior year quarter. Sequential comparisons against Q2 FY26 showed net profit down from higher interim results. No guidance provided in reported results.
Segment Highlights
The company achieved its highest fertilizer production in five years for the October-December period totaling 5.07 lakh metric tonnes (LMT). Production and sales of Ammonium Phosphate Sulphate (APS) also reached five-year highs during the quarter.Input costs remained volatile during the period. Phosphoric acid prices increased by 34%, sulphur prices rose by 130%, and sulphuric acid prices increased by 91% year-on-year. Conversely, natural gas rates decreased by 2% during the quarter.
Business & Operations Update
Expansion projects are underway at the Sikka unit, including a C-Train modification for ammonium phosphate sulphate (APS) capacity enhancement and development of phosphoric acid and sulphuric acid facilities. A sulphuric acid plant (198 KTPA) was commissioned on January 7, 2026, at the Vadodara facility as part of capacity augmentation efforts.
Raw material cost charts indicated volatility in key inputs such as imported P₂O₅, benzene and natural gas, reflecting market price movements.
Shareholding Pattern as on 31.12.2025
• Promoters: 37.8%
• Foreign Institutional Investors (FII): 11.9%
• Domestic Institutional Investors (DII) & Others: 7.3%
• Public & Non-Institutional Investors: 43.0%
• Equity share capital consists of 39.84 crore shares at ₹2 each.
Equity Analyst Commentary
Analyst coverage in institutional media noted GSFC’s quarterly profit publication and capital expenditure plans. Market participants cited the quarterly earnings release and plant commissioning announcements in midday trading reports. Broader analyst research noted GSFC among fertilizer sector coverage lists in sectoral result roundups during the current reporting season, with results highlighting modest revenue growth and profit expansion. Comments were summaries of published institutional research reports.
Performance Summary
GSFC stock moved higher on February 10 following the Q3 earnings release. The company reported year-over-year revenue and profit growth in the December quarter. Segment data showed continued fertilizer and industrial chemical activity. Shareholding data reflected a diversified base with promoter and public holdings. Quarterly results and operational updates informed trading. Closing prices indicated an uptick in market valuation.