Gujarat Narmada Valley Fertilizers & Chemicals Limited :
Gujarat Narmada Valley Fertilizers & Chemicals Limited -(GNFC), are fertilizer and chemical manufacturers in India. They also market their fertilizers, industrial chemicals, and providing IT related services in the areas of Information Technology. Their manure includes various products such as urea, neem de-oiled cake, ammonium nitrophosphate, and water-soluble under the NARMADA brand name. The company was previously known as Gujarat Narmada Valley Fertilizers Co. Ltd. It was founded in 1976, and it is headquartered in Bharuch, India.
The company has installed core Chemical and Petrochemical Plants that include Methanol, Formic Acid, Toluene Di-Isocyanate, Aniline, Nitric Acid, Acetic Acid, Ammonium Nitrate, Methyl Formate, Ethyl Acetate, etc. The company also sells in muriate of potash, diammonium phosphate, single superphosphate, city compost, and ammonium sulphate.
Moreover, the company offers information technology assistance consisting of digital signature certificates, e-procurement, eSign, time stamping, e-governance, cloud, software application, data centre, closed-circuit television surveillance, authentication, and payment gateway services; and security services, as well as infrastructure design and building services.
GNFC is the only company that produces Acetic Acid, and it is also one of the two producers of Formic Acid in India. Further, they have the most significant single stream Aniline plant in India. The company is the only producer of Toluene Di-Isocyanate in South East Asia and the Indian sub Continent.
In the year 1991, they built a calcium ammonium nitrate plant and 1,42,500 tpa nitro phosphate plant. During the year 1999-2000, GNFC diversified into information technology services by initiating Infotower at Ahmedabad. Also, for having strategic alliances, they signed MoU with business partners with technical strength. During the year 2002-03, the company improved the ability of the acetic acid plant from 50,000 MTA to 100000 MTA using advanced technology, which was developed by BP Chemicals, UK.
During the year 2003-04, the company also incorporated ING Satcom Ltd for offering IT related activities including providing V-SAT services via Satellite Systems, Internet Service provider, Internet Gateways, etc. In 203, September the company commissioned an energy efficient Iso-thermal Reactor which replaced the adiabatic reactor of the methanol-I plant. The year 2004-05 was an important year to GNFC as the company entered into a deal with Gas Authority of India Ltd, for the supply of R-LNG. The company commissioned the PKI project throughout the year. GNFC formed a separate division by the name (n)Code Solutions. In April 2004, the company developed the capacity improvement of the formic acid plant. In March 2005, a new parallel Methyl Formate section was built and commissioned to utilise waste Carbon Monoxide stream available from Ammonia plant.
During the year ended March 31 2014, GNFC achieved 101 new records on production and marketing fronts. To get an advantage over the competition, a plan had been formulated by the company to excel both in production and distribution of its products. Keeping this strategy in mind, some combined efforts were made to deliver the highest production levels in most of the products with optimum cost.
During the financial year ended March 31 2015, GNFC incurred a loss for the first time in the history of the company. Total of 100 Nos. Of ever highest production records were established during 2014-15. The company delivered a record annual production in Formic Acid Plant (208.75%), Ammonia Plant (139.61%), Acetic Acid Plant (159.32%), Ammonium Nitro- phosphate Plant (144.49%) during the year.
As the financial year ended March 31 2018, the company has recorded the highest ever Profit Before Tax of Rs.1,162 Crore as against Rs.715 Crore in the previous year, marking an increase of 63%. The company reported the highest ever Profit After Tax of Rs.790 Crore as against Rs.521 Crore in the last year, filing a rise of 51%. GNFC also made an investment of Rs.1 Lac in the equity of Gujarat NCode Solutions Ltd., (a wholly owned subsidiary), during the same year by subscribing 10,000 equity shares of Rs.10/- each as subscribers to the Memorandum of Association.
Gujarat Narmada Valley Fertilizers & Chemicals Listings:
The GNFC Equity Shares/stocks are listed on the National Stock Exchange of India Limited (the "NSE") and BSE Limited (the "BSE", together with the NSE, the "Stock Exchanges").
The Key Dates to be noted for GNFC is:
March - The Year Ending Month
September - The AGM Date (Month)
August - Book Closure Date (Month)
As of May 2019 - Gujarat Narmada Valley Fertilizers & Chemicals, Management Team:
Anil Dhirubhai Ambani - CEO
Anil Dhirubhai Ambani - Chairman
Deepak Shourie - Director
J Ramachandran - Director
Manjari Kacker - Director
Prakash Shenoy - Co. Secretary & Compl. Officer
Prakash Shenoy - Secretary
Punit Garg - Executive Director
V Manikantan - Director & CFO
How GNFC categorised under Fertilizers Sector and Fertilizers Industry :
The Fertilizers sector consists of company stocks that deal with the discovery, development, and processing of raw materials as fertilizers and agricultural chemicals. GNFC is categorized under the Fertilisers Sector, with the sub-industry of Fertilizers and Agricultural chemicals.
Agricultural chemicals are used to increase food production worldwide through the use of fertilizers and pesticides. This segment has seen notable progress through increased demand for global food production and a recent boom in agricultural commodity prices. This significant market expansion has also prominently benefited companies that supply active ingredients and aromatic feedstock, as well as several mining chemicals like GNFC.
GNFC’s Competitors and Sector Peers:
Adarsh Chemicals & Fertilisers Ltd. - ADARCH
Agro Phos India Ltd. - AGRPHO
Arunjyoti Bio Ventures Ltd. - CEN21S
Asian Fertilizers Ltd. - ASIFER
Basant Agro Tech (India) Ltd. - BASAGR
Bharat Agri Fert & Realty Ltd. - BHAFER
Bohra Industries Ltd. - BOHIND
Chambal Fertilisers & Chemicals Ltd. - CHAFER
Coromandel International Ltd. - CORFER
Deepak Fertilisers & Petrochemicals Corporation Ltd. - DEEFER
Fertilisers and Chemicals Travancore Ltd. - FERAND
Godavari Fertilizers and Chemicals Ltd.[Merged] - GODFER
Gujarat State Fertilizer & Chemicals Ltd. - GUJAST
Indra Industries Ltd. - INDRA
Khaitan Chemicals & Fertilizers Ltd. - KHACHE
Kothari Industrial Corporation Ltd. - KOTHIN
Krishana Phoschem Ltd. - KRIPHO
Liberty Phosphate Ltd. - LIBPHO
M P Agro Industries Ltd. - MPAGRI
Madhya Bharat Agro Products Ltd.- MADHYA
Madras Fertilizers Ltd. - MADFER
Mangalore Chemicals & Fertilizers Ltd. - MANCHE
Nagarjuna Fertilisers & Chemicals Ltd.(Old) - NAGFER
Nagarjuna Fertilizers and Chemicals Ltd. - KAKFER
National Fertilizers Ltd. - NATFER
Raashi Fertilisers Ltd. - RAAFER
Rama Phosphates Ltd. - RAMPHO
Rashtriya Chemicals & Fertilizers Ltd. - RASCHE
Shiva Global Agro Industries Ltd. - SHIFER
Shreeji Phosphate Ltd. - SHRPHO
Sikko Industries Ltd. - SIKIND
Sirohia & Sons Ltd. - SIRSO
Southern Petrochemicals Industries Corporation Ltd. - SOUPET
Teesta Agro Industries Ltd. - TEEAGR
The Phosphate Company Ltd. - PHOCOM
Zuari Agro Chemicals Ltd. - ZUAHOL
GNFC Contact Information:
PO Narmadanagar Bharuch Gujarat, 392 015 India
