GFCL EV Products Limited

GFCL EV Products Limited

Fundamentals

GFCL EV Products Limited
₹44 Per Equity Share

Lot Size 1000 Shares
52 Week High 54
52 Week Low 44
Depository NSDL & CDSL
PAN Number AAJCG4540K
ISIN Number INE0KA501014
CIN U24296GJ2021PLC127819
RTA Link Intime
Market Cap (in cr.) 32503
P/E Ratio N/A
P/B Ratio 21.46
Debt to Equity 0
ROE (%) -1.79
Book Value 2.05
Face Value 1
Total Shares 7387115432

P&L Statement

P&L Statement 2024 2025
Revenue 37 944
Cost of Material Consumed 624 6520
Change in Inventory -631 -6480
Gross Margins 118.92 95.76
Employee Benefit Expenses 44 994
Other Expenses 177 2689
EBITDA -177 -2779
OPM -478.38 -294.39
Other Income 22 2092
Finance Cost 53 264
D&A 154 2252
EBIT -331 -5031
EBIT Margins -894.59 -532.94
PBT -362 -3203
PBT Margins -978.38 -339.3
Tax -62 -503
PAT -300 -2700
NPM -810.81 -286.02
EPS 0 -0.04

Financial Ratios

Financial Ratios 2024 2025
Operating Profit Margin -478.38 -294.39
Net Profit Margin -810.81 -286.02
Earning Per Share (Diluted) 0 -0.04

Balance Sheet

Assets 2024 2025
Fixed Assets 44115 48042
CWIP 17740 57682.5
Investments 167 18834
Trade Receivables 40 982
Inventory 3503 13182
Other Assets 15874 27779.5
Total Assets 81438 166502

Liabilities

Liabilities 2024 2025
Share Capital 70752.6 73035.52
FV 1 1
Reserves -676 78142
Borrowings 4522 0
Trade Payables 2115 4436
Other Liabilities 4724.4 10888.48
Total Liabilities 81438 166502

Cash-Flow Statement

Cash-Flow Statement 2024 2025
PBT -364 -3203
OPBWC -160 -2753
Change in Receivables -40 -943
Change in Inventories -3502 -9679
Change in Payables 2011 2318
Other Changes -4390 -4353
Working Capital Change -5921 -12657
Cash Generated From Operations -6081 -15410
Tax -4 -38
Cash Flow From Operations -6085 -15448
Purchase of PPE -28771 -44383
Sale of PPE 0 0
Cash Flow From Investment -28771 -61206
Borrowing -1109 0
Dividend 0 0
Equity 31452.8 78792
Others From Financing 4386.2 -1638
Cash Flow from Financing 34730 77154
Net Cash Generated -126 500
Cash at the Start 157 31
Cash at the End 31 531

Shareholding Pattern

Gujarat Fluorochemicals Limited (Promoter) 100%
Gujarat Fluorochemicals Limited (Promoter) 96.87%
Others 3.13%

Promoters or Management

Name Designation Experience LinkedIn Profile
Vijay Kumar Soni Director 30
Manoj Shripati Agrawal CFO 25


GFCL EV Products Limited is an emerging player in India’s rapidly expanding electric mobility ecosystem, operating under the broader umbrella of Gujarat Fluorochemicals Limited (GFL). Leveraging GFL’s deep expertise in advanced materials and specialty chemicals, the company focuses on manufacturing critical components and materials used in electric vehicle batteries, energy storage systems, and clean-energy technologies. With India transitioning aggressively toward sustainable transportation, GFCL EV Products has positioned itself as a key supplier of high-performance battery chemicals such as electrolyte salts, binders, additives, and other fluorinated materials essential for lithium-ion battery performance. Its operations align closely with the national objective of strengthening domestic EV supply chains and reducing dependency on imports.

The company benefits from a strong technological backbone and R&D capabilities, particularly in fluorine chemistry, which is crucial for next-generation battery materials. GFCL EV Products operates advanced manufacturing facilities designed to meet the quality and consistency needed for global EV and battery manufacturers. Its products are used across diverse applications, including electric two-wheelers, three-wheelers, passenger vehicles, grid-scale energy storage, and industrial power backup systems. By ensuring high purity, stability, and efficiency in its chemicals, the company supports battery manufacturers in improving energy density, safety, and lifecycle performance—critical factors in the EV industry’s evolution. Additionally, its focus on compliance, sustainability, and innovation positions it well within both domestic and international markets.

GFCL EV Products Limited’s unlisted shares have been gaining investor interest due to the strong demand outlook in electric mobility and energy storage. As governments and industries accelerate adoption of EVs, companies that provide core battery materials stand to benefit significantly. GFCL EV Products, backed by the financial strength and legacy of GFL, offers a strategic investment opportunity in an early-growth sector. However, investors should consider typical unlisted market risks such as liquidity constraints, valuation opacity, and long-term gestation periods associated with emerging technologies. Conducting thorough due diligence on financials, capacity expansions, customer tie-ups, and sectoral trends is advisable before making any investment decision.

FAQa about GFCL EV Products Limited


Q:1 How do I confirm the booking of GFCL EV Products Limited Unlisted Shares?

Answer: You can confirm the booking by contacting us and agreeing on a trading price for the shares.

Q:2 What documents do I need to provide for the purchase of GFCL EV Products Limited shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in your CMR Copy.

Q:3 Why do I need to submit a client master report?

Answer: The client master report is a KYC document required by SEBI regulations to verify your identity and ensure compliance with financial regulations.

Q:4 What payment methods are accepted for purchasing GFCL EV Products Limited shares?Answer: Payments can be made through RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not allowed.

Q:5 How will I receive the bank details for the fund transfer?

Answer: We will provide you with the necessary bank details after you confirm your booking.

Q:6 Can I use cash to pay for GFCL EV Products Limited shares?

Answer: No, cash deposits are not permitted.Payments must be made through the accepted electronic or cheque transfer methods.

Q:7 What should I do if I don't have a client master report?

Answer: If you do not have a client master report, you should contact your broker to obtain it.

Q:8 Is there a specific time frame for the payment transfer?Answer: While there is no specified time frame mentioned, it is advisable to complete the payment promptly after confirming your booking to ensure a smooth transaction.



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