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Ghcl Limited (IN:GHCL)
:GHCL
India Market
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Ghcl Limited (GHCL) AI Stock Analysis

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IN:GHCL

Ghcl Limited

(GHCL)

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Outperform 73 (OpenAI - 5.2)
Rating:73Outperform
Price Target:
₹486.00
▲(11.53% Upside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by strong financial resilience (very low leverage and solid cash generation) and attractive valuation (low P/E with a supportive dividend yield). These positives are tempered by weakening fundamentals (recent revenue decline and margin compression) and a mixed technical picture with the stock still below longer-term moving averages.
Positive Factors
Strong balance sheet
Extremely low leverage and substantial equity provide durable financial flexibility: the company can absorb cyclical downturns, fund maintenance capex, pursue selective investments or sustain dividends without needing external financing, preserving resilience across multi-quarter cycles.
Negative Factors
Sustained revenue decline
Multi-year top-line contraction signals weakening demand or market share loss that can erode operating leverage. Persistently lower revenues constrain margin recovery, reduce absolute cash generation potential over time and pressure reinvestment capacity if not reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
Extremely low leverage and substantial equity provide durable financial flexibility: the company can absorb cyclical downturns, fund maintenance capex, pursue selective investments or sustain dividends without needing external financing, preserving resilience across multi-quarter cycles.
Read all positive factors

Ghcl Limited (GHCL) vs. iShares MSCI India ETF (INDA)

Ghcl Limited Business Overview & Revenue Model

Company Description
GHCL Limited, an Indian enterprise founded in Noida in 1983, operates with its subsidiaries to manufacture and distribute a broad spectrum of inorganic chemicals and textile products. The company's chemical offerings include light soda ash, a fund...
How the Company Makes Money
GHCL primarily makes money by selling soda ash and related chemical products produced at its manufacturing facilities to industrial customers. Revenue in this segment is largely driven by sales volumes, product mix (e.g., different grades of soda ...

Ghcl Limited Financial Statement Overview

Summary
Strong financial resilience from very low leverage and substantial equity (balance sheet strength), supported by generally solid operating cash flow and improved free cash flow. Offsetting this, revenue has declined in recent years with margin compression, weakening near-term earnings momentum and indicating cyclical pressure.
Income Statement
66
Positive
Balance Sheet
86
Very Positive
Cash Flow
70
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue30.43B30.64B31.83B34.36B45.45B37.78B
Gross Profit10.84B9.96B15.19B14.25B20.98B10.18B
EBITDA8.25B7.08B8.76B11.20B15.95B7.32B
Net Income5.20B4.72B6.24B7.94B11.42B6.50B
Balance Sheet
Total Assets0.0043.00B41.85B37.70B51.33B49.95B
Cash, Cash Equivalents and Short-Term Investments11.10B11.18B10.74B8.93B5.00B2.44B
Total Debt0.00833.00M1.19B2.10B3.61B7.88B
Total Liabilities-35.52B7.48B6.97B7.91B11.78B19.10B
Stockholders Equity35.52B35.52B34.89B29.78B39.56B29.47B
Cash Flow
Free Cash Flow1.38B4.40B3.23B6.91B4.99B3.06B
Operating Cash Flow3.23B7.04B6.38B7.97B8.56B6.43B
Investing Cash Flow-2.35B-3.15B-3.58B-5.34B-4.03B-3.37B
Financing Cash Flow-1.30B-4.44B-2.30B-3.38B-5.36B-980.70M

Ghcl Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price435.75
Price Trends
50DMA
433.91
Positive
100DMA
447.67
Negative
200DMA
490.34
Negative
Market Momentum
MACD
-0.60
Positive
RSI
54.42
Neutral
STOCH
37.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GHCL, the sentiment is Positive. The current price of 435.75 is above the 20-day moving average (MA) of 435.66, above the 50-day MA of 433.91, and below the 200-day MA of 490.34, indicating a neutral trend. The MACD of -0.60 indicates Positive momentum. The RSI at 54.42 is Neutral, neither overbought nor oversold. The STOCH value of 37.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GHCL.

Ghcl Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
₹88.28B8.513.68%12.55%84.49%
73
Outperform
₹39.92B7.812.75%-3.37%-13.58%
57
Neutral
₹49.99B75.272.25%7.07%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹242.81B31.000.45%8.20%29.06%
47
Neutral
₹63.56B65.400.78%-0.43%-38.53%
46
Neutral
₹169.01B-7.801.42%2.04%-742.43%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:GHCL
Ghcl Limited
439.10
-127.33
-22.48%
IN:ACI
Archean Chemical Industries Ltd.
513.20
-176.15
-25.55%
IN:DEEPAKNTR
Deepak Nitrite Limited
1,771.85
-34.20
-1.89%
IN:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
610.00
99.05
19.39%
IN:GUJALKALI
Gujarat Alkalies & Chemicals Ltd.
677.75
126.04
22.85%
IN:TATACHEM
Tata Chemicals Limited
653.40
-276.51
-29.74%

Ghcl Limited Corporate Events

GHCL Board Approves Q1 FY2026 Unaudited Financial Results
Aug 1, 2026
GHCL Limited’s board of directors, at its 218th meeting held on August 1, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026, prepared in accordance with Ind-AS. The results, along with the auditor&...
GHCL Board Clears Q1 FY27 Results, Reports Zero Debt Default
Aug 1, 2026
GHCL Limited’s board approved the un-audited standalone financial results for the quarter ended June 30, 2026, in its 218th meeting, confirming compliance with Ind-AS and filing the limited review report with the exchanges. The company also ...
GHCL Shareholders Clear Accounts, Dividend and New Auditor at 43rd AGM
Jun 25, 2026
GHCL Limited held its 43rd Annual General Meeting on June 25, 2026 via video conferencing, with all directors, auditors, and key invitees in attendance and shareholders participating through remote and live e-voting. The meeting covered adoption o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 09, 2026