Gujarat State Fertilizers and Chemicals
| Company type | Public |
|---|---|
| Industry | |
| Founded | 1962 |
| Headquarters | , India |
| Revenue | ₹11,445 crore (US$1.4 billion) (FY23)[1] |
| ₹1,618 crore (US$190 million) (FY23)[1] | |
| ₹1,293 crore (US$150 million) (FY23)[1] | |
| Owner | Government of Gujarat (37.84%)[2] |
| Website | www |
Gujarat State Fertilizers & Chemicals Limited (GSFC) is a publicly-traded Indian chemicals and fertilizers manufacturer, partly owned by the Government of Gujarat. GSFC was founded in 1962 and has its headquarters in Vadodara on the Ahmedabad Vadodara Expressway.[3] As of fiscal year 2021–22, fertilizers such as diammonium phosphate, ammonium sulfate and urea generated over 60% of the company's revenue, while industrial products including caprolactam, nylon 6, melamine and MEK oxime contributed the remaining share.[4]
Oil and gas discovered in Bombay High and South Basin triggered the birth of 8 new generation fertilizer plants to fulfill the growing food needs of India. In 1976, it set up a plant in Bharuch which trades as Gujarat Narmada Valley Fertilisers & Chemicals, as a subsidiary of GSFC.
In 2012, GSFC incorporated a wholly owned subsidiary called GSFC AgroTech Limited (GATL).[5]
See also
- GSFC Complex INA
References
- ^ a b c "Gujarat State Fertilizers reports highest ever sales, net profit and dividend of 500% in FY23". Mint. 25 May 2023.
- ^ "GSFC aiming to double revenues in next 4-5 years". Times Now. 25 July 2022. Retrieved 28 February 2023.
- ^ "Financial Detail – Investor's Grievance Redressal". www.gsfclimited.com. Retrieved 26 September 2016.
- ^ "Gujarat State Fertilizers & Chemicals Limited" (PDF). CARE Ratings. Retrieved 28 February 2023.
- ^ "GSFC Agrotech Limited" (PDF). CARE Ratings. Retrieved 28 February 2023.