What we do Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) manufactures fertilizers, industrial chemicals, and provides IT services, operating primarily in India. |
Founded in 1,976 |
Market share Leading Indian producer of Acetic Acid, Formic Acid, and Toluene Di-Isocyanate with strong market position across key products. |
Problem solved Addresses agricultural nutrient needs via fertilizers and industrial chemical demands while providing enterprise IT solutions. |
Top clients or who we serve Serves farmers, industrial chemical buyers, government bodies, and enterprises across India. |
Key management Dr. T Natarajan, IAS - Managing Director (appointed 2025) |
Our journey and innovations Established large fertilizer facilities since 1982; diversified into chemicals and IT; pioneered production of key acids and TDI in India; consistently achieved production records. |
Where we operate Operations primarily in India with exports of chemical products internationally. |
Top products or what we offer Fertilizers (Urea, Nitrophosphate), Industrial Chemicals (Acetic Acid, Formic Acid, TDI), and IT services through (n)Code Solutions. |
Top brands Key products include Neem Coated Urea (#1 in category), Toluene Di-Isocyanate (only manufacturer in South Asia), and reliable fertilizer brands with pan-India distribution. |
Raw materials needed Natural gas, coal, crude derivatives such as benzene and toluene, rock phosphate, and other chemicals. |
Raw materials supplier Gas Authority of India Ltd, South Eastern Coalfields Ltd, and international phosphate suppliers. |
Recurring vs cyclical contribution Revenues comprise stable recurring sales of fertilizers and chemicals with moderate cyclical impacts due to raw material prices and regulation. |
Our industry position Among top Indian fertilizer and chemical manufacturers with leadership in select acid production and significant fertilizer market share. |
Financial highlights FY 2024-25 revenue Rs. 7,892 Cr; Net profit Rs. 586 Cr; profit before tax Rs. 790 Cr with increasing EBITDA and dividends. |
Geographical revenue split Predominantly India-based revenue with international exports particularly in chemical segments. |
Order book - |
Whats driving growth Higher volume production, efficiency improvements, government subsidy support in fertilizers, and expansion in chemical exports drive growth. |
Our future plans Projects underway include ammonia plant expansion, 18 MW captive power plant, new chemical plants (Weak Nitric Acid-III), and Ammonium Nitrate capacity expansion. |
Our green promise Implementing solar power projects and clean development mechanisms; focusing on sustainable farming inputs like neem-based products. |
Our people and values Employed nearly 2,000 staff; values innovation, operational excellence, and social responsibility via CSR initiatives. |
Key challenges ahead Operational risks from plant shutdowns, market volatility, regulatory changes, and technological challenges in complex chemical plants. |
Interesting facts Only South Asian producer of TDI and largest single-stream aniline plant in India; high capacity utilization rates; strong IT arm (n)Code Solutions. |
Risks and strategy Mitigation via diversification, technological upgrades, strategic raw material sourcing, and expansion into value-added chemicals. |
