GHCL Ltd
GHCL Ltd (GHCL) last reported results for the quarter ended Mar 2026, with sales of ₹791 crore and net profit of ₹116 crore. The stock last traded at ₹386, a market capitalisation of ₹3,560 crore, on a P/E of 7.80. Over the past 52 weeks the stock has ranged between ₹382 and ₹668. Figures are as of 9 Oct 2026 and are not real time.
GHCL Ltd share price and key metrics
- Current price
- ₹386
- Market cap
- ₹3,560 cr
- Stock P/E
- 7.80
- Book value
- ₹386
- ROE
- 13.0%
- ROCE
- 17.4%
- Dividend yield
- 3.11%
- 52w high / low
- 668/382
Metrics as of 9 Oct 2026. Not real time.
Track GHCL Ltd
Cruxal reads every GHCL Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
GHCL Ltd growth and returns
- 10 Years
- 2%
- 5 Years
- 4%
- 3 Years
- -12%
- TTM
- -4%
- 10 Years
- 6%
- 5 Years
- 7%
- 3 Years
- -25%
- TTM
- -24%
- 10 Years
- 4%
- 5 Years
- -2%
- 3 Years
- -14%
- 1 Year
- -39%
- 10 Years
- 21%
- 5 Years
- 21%
- 3 Years
- 16%
- Last Year
- 13%
GHCL Ltd quarterly results
In the quarter ended Mar 2026, sales were ₹791 cr, up 1.3% from ₹781 cr a year earlier. Net profit was ₹116 cr, down 22.7% year on year.
| ₹ crore | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 830 | 793 | 779 | 781 | 796 | 721 | 757 | 791 |
| Expenses | 614 | 582 | 549 | 563 | 599 | 564 | 598 | 615 |
| Operating profit | 217 | 211 | 230 | 218 | 197 | 157 | 159 | 176 |
| OPM % | 26% | 27% | 30% | 28% | 25% | 22% | 21% | 22% |
| Other income | 18 | 17 | 29 | 23 | 27 | 17 | 16 | 14 |
| Interest | 4 | 4 | 4 | 4 | 2 | 2 | 3 | 2 |
| Depreciation | 27 | 28 | 28 | 28 | 27 | 28 | 29 | 27 |
| Profit before tax | 203 | 196 | 227 | 209 | 195 | 145 | 143 | 160 |
| Tax % | 26% | 21% | 26% | 28% | 26% | 26% | 26% | 28% |
| Net profit | 151 | 155 | 168 | 150 | 144 | 107 | 106 | 116 |
| EPS (₹) | 15.73 | 16.17 | 17.59 | 15.69 | 15.00 | 11.11 | 11.53 | 12.58 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
GHCL Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,784 | 2,919 | 3,341 | 3,305 | 2,491 | 3,052 | 4,551 | 3,447 | 3,183 | 3,064 |
| Operating profit | 681 | 607 | 759 | 729 | 605 | 730 | 1,503 | 851 | 877 | 690 |
| OPM % | 24% | 21% | 23% | 22% | 24% | 24% | 33% | 25% | 28% | 22% |
| Net profit | 380 | 356 | 351 | 397 | 326 | 650 | 1,142 | 794 | 624 | 472 |
| EPS (₹) | 38.04 | 36.59 | 35.77 | 41.75 | 34.33 | 68.14 | 119.41 | 82.94 | 65.18 | 51.39 |
TTM is the trailing twelve months to the most recent quarter.
GHCL Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 99 | 97 | 98 | 95 | 95 | 95 | 96 | 96 | 96 | 92 |
| Reserves | 1,247 | 1,513 | 1,827 | 2,054 | 2,389 | 2,852 | 3,860 | 2,883 | 3,393 | 3,460 |
| Borrowings | 1,463 | 1,322 | 1,302 | 1,254 | 782 | 788 | 361 | 210 | 119 | 83 |
| Other liabilities | 694 | 695 | 767 | 766 | 712 | 1,261 | 816 | 581 | 578 | 665 |
| Total liabilities | 3,504 | 3,628 | 3,995 | 4,169 | 3,978 | 4,995 | 5,133 | 3,770 | 4,185 | 4,300 |
| Fixed assets | 2,410 | 2,502 | 2,591 | 2,664 | 2,675 | 2,474 | 1,731 | 1,842 | 1,844 | 1,821 |
| CWIP | 26 | 74 | 117 | 122 | 81 | 213 | 109 | 55 | 256 | 450 |
| Investments | 9 | 10 | 12 | 9 | 15 | 17 | 380 | 420 | 651 | 1,042 |
| Other assets | 1,059 | 1,043 | 1,275 | 1,375 | 1,207 | 2,292 | 2,914 | 1,453 | 1,435 | 987 |
| Total assets | 3,504 | 3,628 | 3,995 | 4,169 | 3,978 | 4,995 | 5,133 | 3,770 | 4,185 | 4,300 |
As reported by the company. Total assets equal total liabilities by construction.
GHCL Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 458 | 590 | 530 | 624 | 621 | 643 | 856 | 797 | 638 | 687 |
| Cash from investing | -375 | -279 | -271 | -206 | -109 | -337 | -409 | -534 | -358 | -291 |
| Cash from financing | -113 | -308 | -258 | -339 | -569 | -98 | -530 | -338 | -230 | -451 |
| Net cash flow | -30 | 2 | 1 | 80 | -57 | 209 | -83 | -75 | 50 | -55 |
| Free cash flow | 82 | 308 | 257 | 418 | 510 | 306 | 506 | 691 | 336 | 424 |
| CFO / operating profit | 83% | 109% | 82% | 101% | 120% | 116% | 86% | 116% | 98% | 124% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
GHCL Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 24% | 19% | 21% | 19% | 15% | 19% | 36% | 21% | 24% | 17% |
| Debtor days | 36 | 29 | 32 | 30 | 33 | 27 | 18 | 19 | 24 | 21 |
| Inventory days | 187 | 182 | 199 | 198 | 245 | 294 | 177 | 185 | 217 | 199 |
| Days payable | 107 | 109 | 106 | 102 | 121 | 107 | 53 | 55 | 57 | 94 |
| Cash conversion cycle | 117 | 101 | 125 | 126 | 158 | 214 | 142 | 149 | 183 | 126 |
| Working capital days | -30 | -12 | 10 | 26 | 61 | 87 | 50 | 50 | 58 | 43 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
GHCL Ltd shareholding pattern
Promoters held 19.83% at Sep 2026, up from 18.97% at Sep 2025. FIIs 21.99% and DIIs 11.51%.
| % held | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 19.03% | 19.03% | 18.97% | 18.97% | 19.83% | 19.87% | 19.83% | 19.83% |
| FIIs | 25.41% | 26.06% | 26.41% | 25.67% | 25.22% | 24.66% | 22.44% | 21.99% |
| DIIs | 10.35% | 10.09% | 10.28% | 10.52% | 9.49% | 10.57% | 11.20% | 11.51% |
| Public | 45.17% | 44.79% | 44.32% | 44.82% | 45.46% | 44.89% | 46.52% | 46.66% |
| No. of shareholders | 1,10,664 | 1,08,630 | 1,01,128 | 96,988 | 95,574 | 94,819 | 98,031 | 95,849 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
GHCL Ltd corporate filings
- GHCL confirmation certificate under Regulation 74 (5) of the SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026Company Updatelow impact
- Intimation for closing of trading window of the CompanyInsider Trading / SASTlow impact
- GHCL Limited declared preferred bidder for Kadaya mining block in GujaratCompany Updatemedium impact
Cruxal's analysis: GHCL Limited has been declared the preferred bidder for a composite license for the…
Read the full analysis - GHCL Ltd commences commercial production of vacuum salt effective August 31, 2026Company Updatemedium impact
Cruxal's analysis: GHCL Ltd has officially announced the commencement of commercial production for its…
Read the full analysis - GHCL Limited secures favorable NGT order for Green Field Soda Ash Project in GujaratCompany Updatehigh impact
Cruxal's analysis: GHCL Limited has received a favorable order from the National Green Tribunal (NGT)…
Read the full analysis - GHCL Ltd schedules analyst and investor meetingCompany Updatelow impact
Cruxal's analysis: GHCL Ltd has issued an intimation regarding an upcoming analyst and investor meeting. The…
Read the full analysis - GHCL Limited Q1 FY27 Earnings Transcript: Margin Normalization Expected Amidst Challenging Global Soda Ash MarketCompany Updatemedium impact
Cruxal's analysis: GHCL Limited reported Q1 FY27 revenue of INR 798 crore, down from INR 823 crore YoY…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.