Gujarat State Fertilizers & Chemicals (NSE:GSFC) Return-on-Tangible-Equity: 1.70% (As of Mar. 2026) — 72% Below Median


NSE:GSFC Gujarat State Fertilizers & Chemicals Ltd NSE:GSFC
77 GF Score
Price ₹161.65
GF Value ₹225.40
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity?

Gujarat State Fertilizers & Chemicals NSE:GSFC -0.45% 77 Return-on-Tangible-Equity is 1.70% as of Mar. 2026, which is 72% below its 10-year median of 6.17. GuruFocus rates NSE:GSFC with a GF Score™ of 77/100 and a GF Value™ of ₹225.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 248 Agriculture companies, Gujarat State Fertilizers & Chemicals ranks worse than 58.06% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Gujarat State Fertilizers & Chemicals's annualized net income for the quarter that ended in Mar. 2026 was ₹2,084 Mil. Gujarat State Fertilizers & Chemicals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹122,622 Mil. Therefore, Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.70%.

The historical rank and industry rank for Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Equity or its related term are showing as below:

NSE:GSFC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.55   Med: 6.17   Max: 10.63
Current: 5.48

During the past 13 years, Gujarat State Fertilizers & Chemicals's highest Return-on-Tangible-Equity was 10.63%. The lowest was 1.55%. And the median was 6.17%.

NSE:GSFC's Return-on-Tangible-Equity is ranked worse than
58.06% of 248 companies
in the Agriculture industry
Industry Median: 7.89 vs NSE:GSFC: 5.48

Gujarat State Fertilizers & Chemicals  (NSE:GSFC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity Related Terms


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity Chart

Gujarat State Fertilizers & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.55 10.63 4.56 4.76 5.52

Gujarat State Fertilizers & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.36 4.57 10.40 5.07 1.70

NSE:GSFC vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison

For the Agricultural Inputs subindustry, Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Equity falls into.


NSE:GSFC
77GF Score
Gujarat State Fertilizers & Chemicals Ltd NSE:GSFC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat State Fertilizers & Chemicals Return-on-Tangible-Equity Calculation

Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=6727.8/( (121340.845+122622.1 )/ 2 )
=6727.8/121981.4725
=5.52 %

Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2084/( (0+122622.1)/ 1 )
=2084/122622.1
=1.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 1.70% mean?
Gujarat State Fertilizers & Chemicals (NSE:GSFC) has a Return-on-Tangible-Equity of 1.70% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gujarat State Fertilizers & Chemicals and its competitors. This is 72% below median its historical median of 6.17. Over the past decade, Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Equity has ranged from 1.55 to 10.63. According to the industry distribution chart, Gujarat State Fertilizers & Chemicals ranks #144 out of 248 companies in the Agriculture industry, placing it in the top 58.1%.
Is Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Equity too high?
Gujarat State Fertilizers & Chemicals' current Return-on-Tangible-Equity of 1.70% is 72% below median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 10.63. The Agriculture industry median Return-on-Tangible-Equity is 7.89. Gujarat State Fertilizers & Chemicals' value of 1.70% is 78.5% below this industry median. Based on the distribution chart, Gujarat State Fertilizers & Chemicals ranks #144 out of 248 companies in the Agriculture industry, which is below the industry midpoint. Overall, Gujarat State Fertilizers & Chemicals has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Gujarat State Fertilizers & Chemicals ranks #144 out of 248 companies for Return-on-Tangible-Equity. This places Gujarat State Fertilizers & Chemicals in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.89. Gujarat State Fertilizers & Chemicals' value of 1.70% is 78.5% below this benchmark. Historically, Gujarat State Fertilizers & Chemicals' own Return-on-Tangible-Equity has ranged from 1.55 to 10.63 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 7.89, Gujarat State Fertilizers & Chemicals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.89, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat State Fertilizers & Chemicals's current Return-on-Tangible-Equity of 1.70% is 78.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gujarat State Fertilizers & Chemicals and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat State Fertilizers & Chemicals's current Return-on-Tangible-Equity is 1.70%, which is 72% below median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat State Fertilizers & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Gujarat State Fertilizers & Chemicals (NSE:GSFC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹225.40, compared to a current price of ₹161.65 — trading 28.3% below its estimated fair value. The current Return-on-Tangible-Equity is 1.70%, which is 72% below median its 10-year median of 6.17 and 78.5% below the Agriculture industry median of 7.89. Gujarat State Fertilizers & Chemicals' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Gujarat State Fertilizers & Chemicals (NSE:GSFC), the current Return-on-Tangible-Equity is 1.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gujarat State Fertilizers & Chemicals (NSE:GSFC) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat State Fertilizers & Chemicals stock appears to be undervalued. The current stock price of ₹161.65 is trading 28.3% below its estimated GF Value™ of ₹225.40. GuruFocus considers Gujarat State Fertilizers & Chemicals to be Modestly Undervalued.

Key valuation signals for NSE:GSFC:

  • Return-on-Tangible-Equity: 1.70% (72% below median its 10-year median of 6.17)
  • GF Value™: ₹225.40 vs. price of ₹161.65 (28.3% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 78.5% below the Agriculture median (#144 of 248)

No single metric tells the full story. See the NSE:GSFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat State Fertilizers & Chemicals Business Description

Other Exchanges 500690:India
Address P.O. Fertilizernagar, District Vadodara, Vadodara, GJ, IND, 391750
Gujarat State Fertilizers & Chemicals Ltd is a manufacturer of fertilizers and chemicals. It is structured into two operating business segments: Fertilizer Products and Industrial Products. The company operates mainly in the Indian market and there are no reportable geographical segments. It derives the majority of its revenue from the Fertilizer products segment. The products and services covered under its Fertilizer segment include Urea, Ammonium Sulphate, Di-ammonium Phosphate, Ammonium Phosphate Sulphate, and traded fertilizer products. The Industrial Products consist of Caprolactam, Nylon-6, Nylon Filament Yarn, Nylon Chips, Melamine, Methanol, and Polymer products.
77GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹161.65
Price
₹225.40
GF Value