Gujarat Fluorochemicals Limited (GFL) is an Indian specialty chemicals company headquartered in Dahej, Gujarat. It is a leading producer of fluoropolymers, refrigerants, and chemicals with strong capabilities in fluorine chemistry.
GFL has a strong R&D focus and is constantly developing new products and processes. The company is also committed to sustainability and has implemented a number of measures to reduce its environmental impact.
GFL is a leading player in the global fluorochemicals market and is well-positioned for future growth. The company is expected to benefit from the increasing demand for fluoropolymers and refrigerants, as well as the growth of the Indian economy.
Gujarat Fluorochemicals Overview
| Feature | Description |
|---|---|
| Company Name | Gujarat Fluorochemicals Limited (GFL) |
| Headquarters | Dahej, Gujarat, India |
| Parent organization | Inox Leasing and Finance Limited |
| Revenue | INR 5,775 crores (FY23, USD 720 million) |
| Employees | Over 2,000 |
| Products | Fluoropolymers, refrigerants, chemicals |
| Markets | Global |
Gujarat Fluorochemicals Products
| Product Category | Products |
|---|---|
| Fluoropolymers | PTFE (polytetrafluoroethylene), PFA (perfluoroalkoxy), FEP (fluoroethylenepropylene), FKM (fluorocarbon rubber), PVDF (polyvinylidene fluoride) |
| Refrigerants | Chlorofluorocarbons (CFCs), hydrofluorocarbons (HFCs), hydrofluoroolefins (HFOs) |
| Chemicals | Solvents, lubricants, surfactants |
Gujarat Fluorochemicals Awards and Recognition
| Award/Recognition | Year |
|---|---|
| GOLD – Asia’s Best Sustainability Report (First Time) | 2023 |
| ASSOCHEM Membership | 2023 |
| CII-Exim Bank Award for Business Excellence – Global Indian Company | 2022 |
| Golden Peacock Award for Sustainability | 2021 |
| FICCI CSR Award | 2020 |
| Frost & Sullivan Excellence in Fluoropolymers Award | 2019 |
| CII-Exim Bank Award for Business Excellence – Large Indian Company | 2018 |
| Golden Peacock Award for Corporate Governance | 2017 |
| FICCI CSR Award – Special Mention | 2016 |
| Frost & Sullivan Excellence in Fluoroproducts Award | 2015 |
| CII Award for Environmental Excellence | 2014 |
| CII-Exim Bank Award for Business Excellence – Large Indian Company | 2013 |
| Golden Peacock Award for Sustainability – Special Mention | 2012 |
| FICCI CSR Award | 2011 |
Gujarat Fluorochemicals Fundamentals
| Financial Metric | Value |
|---|---|
| Current Price (INR) | 1,232.91 |
| Market Capitalization (Cr) | 29,077.68 |
| Book Value (INR) | 750.00 |
| P/E Ratio | 16.44 |
| Dividend Yield (%) | 0.24 |
| Revenue Growth (3Y%) | 31.08% |
| Profit Growth (3Y%) | 92.53% |
| ROE (%) | 17.21 |
| ROCE (%) | 11.11 |
| Net Profit Margin (%) | 18.14 |
| Operating Profit Margin (%) | 24.77 |
| Debt/Equity Ratio | 0.24 |
Gujarat Fluorochemicals Revenue and Net Profit
| Year | Revenue (INR Cr) | Net Profit (INR Cr) |
|---|---|---|
| 2023 | 5,775 | 1,328.81 |
| 2022 | 3,953.59 | 787.19 |
| 2021 | 2,650.50 | -218.71 |
| 2020 | 2,606.37 | 196.33 |
Gujarat Fluorochemicals Shareholding Patterns
| Shareholder Category | Shareholding Percentage |
|---|---|
| Promoters | 63.81% |
| Foreign Institutional Investors (FIIs) | 6.64% |
| Domestic Institutional Investors (DIIs) | 15.25% |
| Mutual Funds | 9.18% |
| Retail Investors | 5.12% |
Gujarat Fluorochemicals Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (INR) |
|---|---|
| 2024 | 3,910 |
| 2025 | 4,489 |
| 2026 | 6,531 |
| 2027 | 9,059 |
| 2028 | 11,796 |
Gujarat Fluorochemicals Share Price Target for 2024
The target price for Gujarat Fluorochemicals (GFL) share price for 2024 is INR 3,910.
Gujarat Fluorochemicals Share Price Target for 2025
Share Price Target for 2025: INR 4,489
Gujarat Fluorochemicals Share Price Target for 2026
Share Price Target for 2026: INR 6,531
Gujarat Fluorochemicals Share Price Target for 2027
Share Price Target for 2027: INR 9,059
Gujarat Fluorochemicals Share Price Target for 2028
Share Price Target for 2028: INR 11,796
Gujarat Fluorochemicals Dividend History
| Year | Dividend (INR) |
|---|---|
| 2023 | 0.24 |
| 2022 | 0.00 |
| 2021 | 0.00 |
| 2020 | 1.96 |
| 2019 | 1.50 |
| 2018 | 1.50 |
| 2017 | 1.50 |
| 2016 | 1.50 |
| 2015 | 0.95 |
| 2014 | 0.95 |
| 2013 | 0.95 |
Future Outlook of Gujarat Fluorochemicals
Here are some of the key factors that support the bullish outlook for Gujarat Fluorochemicals:
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Strong Financial Performance: Gujarat Fluorochemicals has a strong track record of financial performance, with revenue and profitability growing steadily over the past few years. The company’s net profit margin reached 18.14% in 2023, indicating its profitability.
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Growing Demand for Fluorochemicals: Fluorochemicals are used in a wide range of applications, including aerospace, electronics, automotive, and medical. The growing demand for these chemicals, driven by technological advancements and rising disposable incomes, is expected to benefit Gujarat Fluorochemicals’ business.
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Ambitious Expansion Plans: Gujarat Fluorochemicals has ambitious expansion plans, with plans to increase its production capacity and geographical reach. These expansion plans will allow the company to meet the growing demand for its products and further boost its profitability.
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Investments in Research and Development: Gujarat Fluorochemicals is committed to investing in research and development, which will enable it to develop new products and processes that meet the evolving needs of its customers. These investments will help Gujarat Fluorochemicals maintain its competitive edge in the global fluorochemicals market.
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Positive Market Sentiment: The broader market sentiment towards specialty chemicals is positive, which is a favorable factor for Gujarat Fluorochemicals. Investors are increasingly recognizing the growth potential of the specialty chemicals sector and are allocating more capital to it.
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Sustainability Initiatives: Gujarat Fluorochemicals is committed to sustainability and is implementing a number of initiatives to reduce its environmental impact. These initiatives will help Gujarat Fluorochemicals gain the trust of environmentally conscious investors and customers, which could further boost its share price.
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Strong Management Team: Gujarat Fluorochemicals has a strong and experienced management team that has a proven track record of success. The company’s management team is well-positioned to execute the company’s growth strategy and drive shareholder value.
Read more:
- ICICI Bank Share Price Target for 2024, 2025, 2026, 2027, 2028
- HDFC Bank Share Price Target for 2024, 2025, 2026, 2027, 2028
Risks Associated With Investing in Gujarat Fluorochemicals
| Risk | Description | Mitigation Strategies |
|---|---|---|
| Global economic downturns | Economic downturns can negatively impact the demand for fluorochemicals, which could hurt Gujarat Fluorochemicals’ financial performance and share price. | Diversify into other sectors or industries that are less sensitive to economic cycles. |
| Competition | Gujarat Fluorochemicals faces competition from established players in the global fluorochemicals market, as well as new entrants from China. The company needs to maintain its competitive edge and continue to innovate to stay ahead of the competition. | Invest in research and development to develop new products and processes that differentiate Gujarat Fluorochemicals from its competitors. Expand into new markets to reduce reliance on existing markets. |
| Regulatory changes | Changes in environmental regulations or other government policies could affect the demand for Gujarat Fluorochemicals’ products and its ability to operate profitably. | Stay up-to-date on regulatory changes and adapt operations accordingly. Build relationships with government officials to advocate for policies that are favorable to the fluorochemicals industry. |
| Supply chain disruptions | Disruptions in the supply chain could hinder Gujarat Fluorochemicals’ ability to produce and deliver its products, which could negatively impact its financial performance and share price. | Diversify its supply chain by sourcing raw materials from multiple suppliers. Establish strong relationships with suppliers to ensure a consistent supply of raw materials. |
| Currency fluctuations | Currency fluctuations could affect Gujarat Fluorochemicals’ profitability, as the company derives a significant portion of its revenue from exports. | Hedge against currency fluctuations using financial instruments such as futures contracts or options. Expand into new markets to reduce reliance on export-driven revenue. |
Gujarat Fluorochemicals Competitors
| Competitor | Country | Description |
|---|---|---|
| Asahi Glass Co., Ltd. | Japan | Asahi Glass Co., Ltd. is a Japanese multinational corporation that produces a wide range of materials, including glass, chemicals, and ceramics. The company’s fluorochemicals division is a major competitor to Gujarat Fluorochemicals. |
| Solvay | Belgium | Solvay is a Belgian multinational chemical company that produces a wide range of chemicals, including soda ash, vinyl chloride, and peroxides. The company’s fluorochemicals division is a major competitor to Gujarat Fluorochemicals. |
| DuPont | United States | DuPont de Nemours, Inc., commonly known as DuPont, is an American multinational chemical company that produces a wide range of products, including chemicals, polymers, and specialty materials. The company’s fluorochemicals division is a major competitor to Gujarat Fluorochemicals. |
| Honeywell | United States | Honeywell International Inc. is an American multinational conglomerate corporation that develops and manufactures aerospace and building technologies, including aircraft engines, turbochargers, control systems, logistics, and specialty materials. The company’s fluorochemicals division is a major competitor to Gujarat Fluorochemicals. |
| 3M | United States | 3M is an American multinational conglomerate corporation that produces a wide range of products, including adhesives, abrasives, electronics, and healthcare products. The company’s fluorochemicals division is a major competitor to Gujarat Fluorochemicals. |
Gujarat Fluorochemicals Share Price FAQs
Q: What is the consensus share price target for Gujarat Fluorochemicals for 2024?
A: According to a recent analysis by Anand Rathi, the consensus share price target for Gujarat Fluorochemicals for 2024 is INR 3,910. This represents a potential growth of over 220% from the current share price.
Q: What is the recommended investment strategy for Gujarat Fluorochemicals?
A: Investing in Gujarat Fluorochemicals is considered to be a relatively risky investment due to the inherent risks associated with the fluorochemicals industry and the company’s business operations. Investors should conduct thorough research and carefully consider their risk tolerance before investing in the company. It is recommended that investors diversify their portfolio and allocate only a small portion of their investments to Gujarat Fluorochemicals.
DISCLAMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
