Gujarat Natural Resources Ltd

NSE: BSE: 513536

₹96.28

+0.90 (0.94%)

Sat, 24 Oct 2026, 06:10 pm

MTF 5xInvest in Gujarat Natural Resources Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1461.93

PE Ratio71.49

Dividend0

Energy Minerals

Integrated Oil

24.5K

Gujarat Natural Resources Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-19.27M	-23.33M	-535.41K	-484.47K	-12.41M	-51.46M	-24.65M	-7.01M	-7.04M	-6.50M	-4.55M	-12.38M	-8.14M	-25.82M	-26.30M	-35.27M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.26B	1.52B	1.26B	1.31B	1.44B	1.50B	1.45B	1.44B	1.55B	1.44B	1.39B	1.49B	1.56B	1.63B	1.60B	1.73B
Total current assets	270.33M	778.61M	335.59M	395.46M	482.42M	484.95M	342.58M	276.22M	384.57M	301.72M	500.36M	612.29M	676.38M	699.08M	777.88M	941.93M
Cash and short term investments	10.34M	29.62M	13.15M	18.59M	128.15M	112.43M	21.14M	17.68M	28.11M	21.00M	55.12M	62.77M	48.72M	60.33M	54.55M	68.36M
Cash & equivalents	6.27M	25.77M	7.82M	4.96M	128.15M	112.43M	21.14M	17.68M	28.11M	21.00M	55.12M	62.77M	4.68M	16.53M	10.51M	10.87M
Short term investments	4.07M	3.85M	5.33M	13.63M	0	0	0	0	0	0	0	0	44.05M	43.81M	44.04M	57.49M
Total receivables, net	184.89M	639.83M	150.39M	171.21M	279.76M	299.05M	251.70M	190.29M	243.69M	247.32M	407.83M	514.59M	590.70M	549.38M	635.98M	588.98M
Accounts receivable - trade, net	71.87M	127.07M	122.03M	124.78M	97.81M	92.94M	95.18M	100.36M	95.41M	96.42M	35.76M	28.82M	64.51M	18.26M	26.00M	19.89M
Other receivables	113.02M	512.75M	28.36M	46.42M	181.95M	206.11M	156.52M	89.93M	148.28M	150.90M	372.07M	485.77M	526.20M	531.12M	609.99M	569.09M
Total inventory	61.75M	94.53M	309.69K	817.32K	28.68M	28.81M	30.98M	28.61M	28.79M	28.44M	31.18M	31.80M	32.30M	39.19M	37.17M	183.27M
Other current assets, total	13.35M	14.63M	171.73M	204.65M	42.92M	44.13M	38.55M	38.36M	83.66M	4.95M	6.21M	2.35M	4.65M	50.14M	50.17M	101.33M
Total non-current assets	993.17M	737.20M	922.45M	911.39M	958.79M	1.02B	1.10B	1.17B	1.17B	1.13B	890.98M	881.58M	881.85M	929.45M	817.15M	792.82M
Long term investments	187.55M	166.85M	49.04M	14.28M	25.89M	6.23M	58.00M	159.55M	194.60M	245.87M	1.28M	38.86M	61.95M	26.53M	25.46M	25.71M
Note receivable - long term	—	—	1.78M	1.78M	13.27M	6.23M	1.28M	8.51M	7.08M	58.35M	1.28M	38.86M	61.95M	26.53M	25.46M	25.71M
Investments in unconsolidated subsidiaries	154.35M	154.35M	34.76M	—	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	33.20M	12.50M	12.50M	12.50M	12.62M	0	56.72M	151.04M	187.52M	187.52M	0	0	0	0	0	0
Net property/plant/equipment	561.94M	545.58M	579.90M	599.94M	670.11M	772.83M	790.95M	786.86M	739.00M	701.32M	668.63M	657.31M	634.36M	736.46M	653.99M	622.87M
Gross property/plant/equipment	608.31M	605.17M	653.74M	—	782.96M	937.89M	991.99M	1.01B	1.01B	1.01B	1.02B	1.05B	1.06B	1.19B	1.19B	1.21B
Deferred tax assets	—	—	29.85M	17.20M	889.35K	915.67K	882.26K	1.05M	—	0	33.11K	19.19K	4.35K	—	—	—
Net intangible assets	218.98M	0	124.62M	162.25M	164.61M	139.00M	140.76M	139.82M	139.75M	138.73M	135.87M	137.07M	136.58M	114.75M	115.13M	114.51M
Goodwill, net	218.98M	0	0	0	164.59M	138.99M	140.75M	139.81M	139.74M	138.73M	135.87M	137.07M	136.58M	114.75M	0	0
Other intangibles, net	0	0	124.62M	162.25M	15.21K	11.91K	9.15K	6.39K	3.64K	881	881	881	0	0	115.13M	114.51M
Other long term assets, total	0	0	9.92M	92.94M	72.53M	78.19M	90.52M	60.31M	62.75M	7.49M	43.91M	6.94M	17.06M	6.71M	9.06M	10.37M
Short term debt	4.98M	57.08K	15.39M	60.49M	34.05M	43.11M	41.82M	40.67M	219.59M	141.73M	39.09M	167.30M	68.24M	193.16M	237.50M	46.99M
Current portion of LT debt and capital leases	0	0	0	0	0	453.76K	519.74K	0	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	4.98M	57.08K	15.39M	60.49M	34.05M	42.65M	41.30M	40.67M	219.59M	141.73M	39.09M	167.30M	68.24M	193.16M	237.50M	46.99M
Accounts payable	290.52M	334.23M	35.12M	28.31M	158.67M	98.40M	101.48M	120.38M	97.99M	96.34M	104.66M	102.75M	105.24M	81.19M	33.34M	37.00M
Income tax payable	1.39M	2.78M	—	—	—	—	—	—	—	—	—	—	—	—	—	591.00K
Long term debt	468.63M	303.30M	39.65M	10.34M	45.94M	107.87M	150.09M	154.06M	214.47M	86.82M	133.19M	75.68M	133.99M	165.36M	169.89M	70.19M
Long term debt excl. lease liabilities	468.63M	303.30M	39.65M	10.34M	45.94M	107.87M	150.09M	154.06M	214.47M	86.82M	133.19M	75.68M	133.99M	165.36M	169.89M	70.19M
Total equity	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Shareholders' equity	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Common equity, total	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Other common equity	42.33M	-74.34M	-66.42M	-66.20M	59.44M	59.44M	59.44M	59.44M	20.64M	152.64M	56.39M	144.64M	56.39M	56.39M	56.39M	56.39M
Total debt	473.61M	303.36M	55.04M	70.83M	79.98M	150.98M	191.91M	194.73M	434.06M	228.54M	172.29M	242.98M	202.23M	358.51M	407.39M	117.18M
Net debt	463.27M	273.74M	41.89M	52.25M	-48.17M	38.55M	170.78M	177.05M	405.95M	207.55M	117.16M	180.21M	153.51M	298.18M	352.84M	48.82M
Change in accounts receivable	—	-490.54M	5.04M	-54.09M	26.97M	4.87M	-2.25M	-5.18M	4.95M	-1.01M	60.66M	6.94M	-35.69M	46.25M	-7.74M	6.11M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	43.71M	-6.02M	-6.81M	130.36M	-60.27M	3.08M	18.90M	-22.39M	-1.65M	8.32M	-1.91M	2.49M	-24.05M	-47.85M	3.66M
Change in other assets/liabilities	—	-24.39M	-58.23M	93.07M	10.64M	45.28M	-51.63M	-15.13M	1.35M	4.77M	-219.95M	-112.54M	-39.19M	-64.88M	-68.82M	-19.09M
Sale of fixed assets & businesses	—	0	0	978.12K	0	1.96M	0	156.63M	5.49M	0	0	0	0	0	7.19M	26.00K
Purchase/sale of investments, net	—	20.70M	0	0	0	0	-56.72M	-94.30M	-24.85M	0	187.52M	0	0	0	0	0
Sale/maturity of investments	—	20.70M	0	0	0	0	0	27.81K	11.63M	0	187.52M	0	0	0	0	0
Purchase of investments	—	0	0	0	0	0	-56.72M	-94.32M	-36.48M	0	0	0	0	0	0	0
Other investing cash flow items, total	—	10.64M	0	0	0	0	0	0	0	0	0	0	0	-8.13M	0	0
Issuance/retirement of debt, net	—	-170.25M	31.30M	-29.30M	35.59M	70.54M	40.87M	-7.63M	108.25M	-127.65M	-56.26M	70.69M	-40.75M	156.29M	48.87M	-290.21M
Issuance/retirement of long term debt	—	-170.25M	31.30M	-29.30M	35.59M	61.94M	42.22M	3.97M	—	-127.65M	0	0	0	0	0	0
Issuance/retirement of short term debt	—	0	0	0	0	8.61M	-1.35M	-634.14K	178.92M	0	-102.64M	128.21M	-99.06M	124.91M	44.34M	-190.50M
Issuance/retirement of other debt	—	—	—	—	—	—	—	-6.99M	-70.68M	—	46.38M	-57.51M	58.30M	31.37M	4.53M	-99.71M
Total cash dividends paid	—	0	0	-17.18M	-29.75M	-24.15M	-8.39M	-3.88M	0	0	0	0	0	0	0	0
Other financing cash flow items, total	—	357.06M	0	38.80M	0	0	0	91.80M	-54.74M	108.99M	-82.97M	-48.28M	-41.66M	29.55M	29.42M	-7.61M

Particulars	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-19.27M	-23.33M	-535.41K	-484.47K	-12.41M	-51.46M	-24.65M	-7.01M	-7.04M	-6.50M	-4.55M	-12.38M	-8.14M	-25.82M	-26.30M	-35.27M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.26B	1.52B	1.26B	1.31B	1.44B	1.50B	1.45B	1.44B	1.55B	1.44B	1.39B	1.49B	1.56B	1.63B	1.60B	1.73B
Total current assets	270.33M	778.61M	335.59M	395.46M	482.42M	484.95M	342.58M	276.22M	384.57M	301.72M	500.36M	612.29M	676.38M	699.08M	777.88M	941.93M
Cash and short term investments	10.34M	29.62M	13.15M	18.59M	128.15M	112.43M	21.14M	17.68M	28.11M	21.00M	55.12M	62.77M	48.72M	60.33M	54.55M	68.36M
Cash & equivalents	6.27M	25.77M	7.82M	4.96M	128.15M	112.43M	21.14M	17.68M	28.11M	21.00M	55.12M	62.77M	4.68M	16.53M	10.51M	10.87M
Short term investments	4.07M	3.85M	5.33M	13.63M	0	0	0	0	0	0	0	0	44.05M	43.81M	44.04M	57.49M
Total receivables, net	184.89M	639.83M	150.39M	171.21M	279.76M	299.05M	251.70M	190.29M	243.69M	247.32M	407.83M	514.59M	590.70M	549.38M	635.98M	588.98M
Accounts receivable - trade, net	71.87M	127.07M	122.03M	124.78M	97.81M	92.94M	95.18M	100.36M	95.41M	96.42M	35.76M	28.82M	64.51M	18.26M	26.00M	19.89M
Other receivables	113.02M	512.75M	28.36M	46.42M	181.95M	206.11M	156.52M	89.93M	148.28M	150.90M	372.07M	485.77M	526.20M	531.12M	609.99M	569.09M
Total inventory	61.75M	94.53M	309.69K	817.32K	28.68M	28.81M	30.98M	28.61M	28.79M	28.44M	31.18M	31.80M	32.30M	39.19M	37.17M	183.27M
Other current assets, total	13.35M	14.63M	171.73M	204.65M	42.92M	44.13M	38.55M	38.36M	83.66M	4.95M	6.21M	2.35M	4.65M	50.14M	50.17M	101.33M
Total non-current assets	993.17M	737.20M	922.45M	911.39M	958.79M	1.02B	1.10B	1.17B	1.17B	1.13B	890.98M	881.58M	881.85M	929.45M	817.15M	792.82M
Long term investments	187.55M	166.85M	49.04M	14.28M	25.89M	6.23M	58.00M	159.55M	194.60M	245.87M	1.28M	38.86M	61.95M	26.53M	25.46M	25.71M
Note receivable - long term	—	—	1.78M	1.78M	13.27M	6.23M	1.28M	8.51M	7.08M	58.35M	1.28M	38.86M	61.95M	26.53M	25.46M	25.71M
Investments in unconsolidated subsidiaries	154.35M	154.35M	34.76M	—	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	33.20M	12.50M	12.50M	12.50M	12.62M	0	56.72M	151.04M	187.52M	187.52M	0	0	0	0	0	0
Net property/plant/equipment	561.94M	545.58M	579.90M	599.94M	670.11M	772.83M	790.95M	786.86M	739.00M	701.32M	668.63M	657.31M	634.36M	736.46M	653.99M	622.87M
Gross property/plant/equipment	608.31M	605.17M	653.74M	—	782.96M	937.89M	991.99M	1.01B	1.01B	1.01B	1.02B	1.05B	1.06B	1.19B	1.19B	1.21B
Deferred tax assets	—	—	29.85M	17.20M	889.35K	915.67K	882.26K	1.05M	—	0	33.11K	19.19K	4.35K	—	—	—
Net intangible assets	218.98M	0	124.62M	162.25M	164.61M	139.00M	140.76M	139.82M	139.75M	138.73M	135.87M	137.07M	136.58M	114.75M	115.13M	114.51M
Goodwill, net	218.98M	0	0	0	164.59M	138.99M	140.75M	139.81M	139.74M	138.73M	135.87M	137.07M	136.58M	114.75M	0	0
Other intangibles, net	0	0	124.62M	162.25M	15.21K	11.91K	9.15K	6.39K	3.64K	881	881	881	0	0	115.13M	114.51M
Other long term assets, total	0	0	9.92M	92.94M	72.53M	78.19M	90.52M	60.31M	62.75M	7.49M	43.91M	6.94M	17.06M	6.71M	9.06M	10.37M
Short term debt	4.98M	57.08K	15.39M	60.49M	34.05M	43.11M	41.82M	40.67M	219.59M	141.73M	39.09M	167.30M	68.24M	193.16M	237.50M	46.99M
Current portion of LT debt and capital leases	0	0	0	0	0	453.76K	519.74K	0	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	4.98M	57.08K	15.39M	60.49M	34.05M	42.65M	41.30M	40.67M	219.59M	141.73M	39.09M	167.30M	68.24M	193.16M	237.50M	46.99M
Accounts payable	290.52M	334.23M	35.12M	28.31M	158.67M	98.40M	101.48M	120.38M	97.99M	96.34M	104.66M	102.75M	105.24M	81.19M	33.34M	37.00M
Income tax payable	1.39M	2.78M	—	—	—	—	—	—	—	—	—	—	—	—	—	591.00K
Long term debt	468.63M	303.30M	39.65M	10.34M	45.94M	107.87M	150.09M	154.06M	214.47M	86.82M	133.19M	75.68M	133.99M	165.36M	169.89M	70.19M
Long term debt excl. lease liabilities	468.63M	303.30M	39.65M	10.34M	45.94M	107.87M	150.09M	154.06M	214.47M	86.82M	133.19M	75.68M	133.99M	165.36M	169.89M	70.19M
Total equity	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Shareholders' equity	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Common equity, total	445.19M	828.51M	836.43M	836.65M	883.92M	893.92M	896.96M	897.44M	860.03M	965.32M	974.88M	1.06B	1.18B	1.13B	1.09B	1.53B
Other common equity	42.33M	-74.34M	-66.42M	-66.20M	59.44M	59.44M	59.44M	59.44M	20.64M	152.64M	56.39M	144.64M	56.39M	56.39M	56.39M	56.39M
Total debt	473.61M	303.36M	55.04M	70.83M	79.98M	150.98M	191.91M	194.73M	434.06M	228.54M	172.29M	242.98M	202.23M	358.51M	407.39M	117.18M
Net debt	463.27M	273.74M	41.89M	52.25M	-48.17M	38.55M	170.78M	177.05M	405.95M	207.55M	117.16M	180.21M	153.51M	298.18M	352.84M	48.82M
Change in accounts receivable	—	-490.54M	5.04M	-54.09M	26.97M	4.87M	-2.25M	-5.18M	4.95M	-1.01M	60.66M	6.94M	-35.69M	46.25M	-7.74M	6.11M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	43.71M	-6.02M	-6.81M	130.36M	-60.27M	3.08M	18.90M	-22.39M	-1.65M	8.32M	-1.91M	2.49M	-24.05M	-47.85M	3.66M
Change in other assets/liabilities	—	-24.39M	-58.23M	93.07M	10.64M	45.28M	-51.63M	-15.13M	1.35M	4.77M	-219.95M	-112.54M	-39.19M	-64.88M	-68.82M	-19.09M
Sale of fixed assets & businesses	—	0	0	978.12K	0	1.96M	0	156.63M	5.49M	0	0	0	0	0	7.19M	26.00K
Purchase/sale of investments, net	—	20.70M	0	0	0	0	-56.72M	-94.30M	-24.85M	0	187.52M	0	0	0	0	0
Sale/maturity of investments	—	20.70M	0	0	0	0	0	27.81K	11.63M	0	187.52M	0	0	0	0	0
Purchase of investments	—	0	0	0	0	0	-56.72M	-94.32M	-36.48M	0	0	0	0	0	0	0
Other investing cash flow items, total	—	10.64M	0	0	0	0	0	0	0	0	0	0	0	-8.13M	0	0
Issuance/retirement of debt, net	—	-170.25M	31.30M	-29.30M	35.59M	70.54M	40.87M	-7.63M	108.25M	-127.65M	-56.26M	70.69M	-40.75M	156.29M	48.87M	-290.21M
Issuance/retirement of long term debt	—	-170.25M	31.30M	-29.30M	35.59M	61.94M	42.22M	3.97M	—	-127.65M	0	0	0	0	0	0
Issuance/retirement of short term debt	—	0	0	0	0	8.61M	-1.35M	-634.14K	178.92M	0	-102.64M	128.21M	-99.06M	124.91M	44.34M	-190.50M
Issuance/retirement of other debt	—	—	—	—	—	—	—	-6.99M	-70.68M	—	46.38M	-57.51M	58.30M	31.37M	4.53M	-99.71M
Total cash dividends paid	—	0	0	-17.18M	-29.75M	-24.15M	-8.39M	-3.88M	0	0	0	0	0	0	0	0
Other financing cash flow items, total	—	357.06M	0	38.80M	0	0	0	91.80M	-54.74M	108.99M	-82.97M	-48.28M	-41.66M	29.55M	29.42M	-7.61M