Integrated Filing — IndAS

General information about company
Scrip Code	500690
NSE Symbol	GSFC
MSEI Symbol	NOTLISTED
ISIN	INE026A01025
Name of company	GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	24-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	20-May-2025   15:00:00
End date and time of board meeting	20-May-2025   16:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	19221900000	95339600000
	Other income	566600000	3146800000
	Total income	19788500000	98486400000
2	Expenses
(a)	Cost of materials consumed	10201000000	49965700000
(b)	Purchases of stock-in-trade	1866600000	11605000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-640100000	-622300000
(d)	Employee benefit expense	2205400000	8135500000
(e)	Finance costs	40600000	100900000
(f)	Depreciation, depletion and amortisation expense	481300000	1920200000
(f)	Other Expenses
1	Power and Fuel	1914200000	10259700000
2	Other expenses	2874900000	9676900000
	Total other expenses	4789100000	19936600000
	Total expenses	18943900000	91041600000
3	Total profit before exceptional items and tax	844600000	7444800000
4	Exceptional items	0	0
5	Total profit before tax	844600000	7444800000
6	Tax expense
7	Current tax	349800000	1159800000
8	Deferred tax	-180700000	491300000
9	Total tax expenses	169100000	1651100000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	675500000	5793700000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	42100000	117900000
16	Total profit (loss) for period	717600000	5911600000
17	Other comprehensive income net of taxes	-6929400000	-10199300000
18	Total Comprehensive Income for the period	-6211800000	-4287700000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	716800000	5910600000
	Total profit or loss, attributable to non-controlling interests	800000	800000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-6211800000	-4287700000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	796955000	796955000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		120587800000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.8	14.83
	Diluted earnings (loss) per share from continuing operations	1.8	14.83
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	1.8	14.83
	Diluted earnings (loss) per share from continuing and discontinued operations	1.8	14.83
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	24997800000
	Capital work-in-progress	6904400000
	Investment property	0
	Goodwill	0
	Other intangible assets	43900000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	50552300000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	872100000
	Total non-current financial assets	51424400000
	Deferred tax assets (net)	0
	Other non-current assets	3817000000
	Total non-current assets	87187500000
2	Current assets
	Inventories	14792800000
	Current financial asset
	Current investments	0
	Trade receivables, current	16240800000
	Cash and cash equivalents	2854500000
	Bank balance other than cash and cash equivalents	16218300000
	Loans, current	2835600000
	Other current financial assets	798400000
	Total current financial assets	38947600000
	Current tax assets (net)	0
	Other current assets	2762200000
	Total current assets	56502600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	143690100000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	797000000
	Other equity	120587800000
	Total equity attributable to owners of parent	121384800000
	Non controlling interest	108500000
	Total equity	121493300000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	6700000
	Total non-current financial liabilities	6700000
	Provisions, non-current	4577200000
	Deferred tax liabilities (net)	4575300000
	Deferred government grants, Non-current	0
	Other non-current liabilities	17400000
	Total non-current liabilities	9176600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	361600000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	6389300000
	Total Trade payable	6750900000
	Other current financial liabilities	4345500000
	Total current financial liabilities	11096400000
	Other current liabilities	505600000
	Provisions, current	1115800000
	Current tax liabilities (Net)	302400000
	Deferred government grants, Current	0
	Total current liabilities	13020200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	22196800000
	Total equity and liabilites	143690100000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	FERTILIZER PRODUCTS	13991000000	73318600000
2	INDUSTRIAL PRODUCTS	5230900000	22021000000
	Total Segment Revenue	19221900000	95339600000
	Less: Inter segment revenue	0	0
	Revenue from operations	19221900000	95339600000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	FERTILIZER PRODUCTS	-283400000	4458000000
2	INDUSTRIAL PRODUCTS	974300000	560100000
	Total Profit before tax	690900000	5018100000
	i. Finance cost	40600000	40600000
	ii. Other Unallocable Expenditure net off Unallocable income	-236400000	-236400000
	Profit before tax	886700000	7562700000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	FERTILIZER PRODUCTS	42077200000	42077200000
2	INDUSTRIAL PRODUCTS	19876500000	19876500000
	Total Segment Asset	61953700000	61953700000
	Un-allocable Assets	81736400000	81736400000
	Net Segment Asset	143690100000	143690100000
4	Segment Liabilities
	Segment Liabilities
1	FERTILIZER PRODUCTS	10388600000	10388600000
2	INDUSTRIAL PRODUCTS	4707400000	4707400000
	Total Segment Liabilities	15096000000	15096000000
	Un-allocable Liabilities	7100800000	7100800000
	Net Segment Liabilities	22196800000	22196800000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Amount of items that will not be reclassified to profit and loss	-8164000000	-10646000000
	Total Amount of items that will not be reclassified to profit and loss	-8164000000	-10646000000
2	Income tax relating to items that will not be reclassified to profit or loss	-1234600000	-446700000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-6929400000	-10199300000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			7444800000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			55700000
	Adjustments for decrease (increase) in inventories			-1745200000
	Adjustments for decrease (increase) in trade receivables, current			-147600000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-3508300000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1950000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			51200000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			9400000
	Adjustments for dividend income			966900000
	Adjustments for interest income			1561400000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			48900000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-5814200000
	Net cash flows from (used in) operations			1630600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			795800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			834800000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			450000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			3795400000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			963200000
	Interest received			1560700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			5000000
	Net cash flows from (used in) investing activities	-1716500000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			96000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			25000000
	Payments of lease liabilities			14200000
	Dividends paid			1583700000
	Interest paid			55600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-4200000
	Net cash flows from (used in) financing activities			-1586700000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-2468400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-2468400000
	Cash and cash equivalents cash flow statement at beginning of period			5322900000
	Cash and cash equivalents cash flow statement at end of period			2854500000