Gujarat State Fertilizers and Chemicals | |
Type: | Public |
Hq Location City: | Vadodara, Gujarat |
Hq Location Country: | India |
Revenue: | (FY23) |
Operating Income: | (FY23) |
Profit: | (FY23)[1] |
Owner: | Government of Gujarat (37.84%)[2] |
Gujarat State Fertilizers & Chemicals Limited (GSFC) is an Indian chemicals and fertilizers manufacturer, owned by the Government of Gujarat. GSFC was founded in 1962 and has its headquarters in Vadodara on the Ahmedabad Vadodara Expressway.[3] As of fiscal year 2021–22, fertilizers such as diammonium phosphate, ammonium sulfate and urea generated over 60% of the company's revenue, while industrial products including caprolactam, nylon 6, melamine and MEK oxime contributed the remaining share.[4]
Oil and gas discovered in Bombay High and South Basin triggered the birth of 8 new generation fertilizer plants to fulfill the growing food needs of India. In 1976, it set up a plant in Bharuch which trades as Gujarat Narmada Valley Fertilisers & Chemicals, as a subsidiary of GSFC.
In 2012, GSFC incorporated a wholly-owned subsidiary called GSFC AgroTech Limited (GATL).[5]