Gujarat Narmada Valley Fertilisers & Chemicals

Gujarat Narmada Valley Fertilizers & Chemicals
Company typePublic
Industry
Founded1976; 48 years ago (1976)
Headquarters
Bharuch, Gujarat
,
India
RevenueIncrease ₹10,227 crore (US$1.2 billion) (FY23)[1]
Decrease ₹1,879 crore (US$230 million) (FY23)[1]
Decrease ₹1,464 crore (US$180 million) (FY23)[1]
Subsidiaries(n)Code Solutions[2]
Websitewww.gnfc.in

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) is an Indian manufacturer of fertilizers and chemicals. GNFC was founded in 1976, jointly promoted by the Government of Gujarat and the Gujarat State Fertilizers and Chemicals (GSFC).

Located in the industrial belt of Bharuch, GNFC is a major producer of urea and nitrophosphate fertilizers, neem-based products, and industrial chemicals such as methanol, formic acid, nitric acid and acetic acid.[3] As of fiscal year 2021–22, fertilizers generated 29% of the company's revenue, while chemicals segment contributed 70%.[4]

(n)Code

(n)Code Solutions, a subsidiary of GNFC, produces digital certificates for the Government of India (including the digital Aadhaar card for over 1 billion Indians). The solution was the result of a partnership with Entrust.[5]

References

  1. ^ a b c "Gujarat Narmada Valley Fertilizers shares dip 9% after revenue hit record high and Board declares highest ever dividend of 300%". Mint. 18 May 2023. Retrieved 26 June 2023.
  2. ^ "Gujarat Narmada Valley Fertilizers Company name change approved". The Hindu Businessline. 24 September 2012. Retrieved 1 December 2022.
  3. ^ "GNFC set to become India's largest concentrated nitric acid producer". Financial Express. Retrieved 1 December 2022.
  4. ^ "Gujarat Narmada Valley Fertilizers and Chemicals Ltd. (GNFC)" (PDF). HDFC Securities. Retrieved 1 December 2022.
  5. ^ "Entrust Datacard - PARTNER PROFILE — (N)CODE SOLUTIONS" (PDF). www.entrust.com. Entrust. Archived from the original (PDF) on 21 January 2018. Retrieved 28 May 2017. In order to set up a Certifying Authority for the Ministry of Information Technology in India, (n)Code Solutions needed a technology partner for digital signature certificates. (n)Code Solutions worked with Entrust Datacard to set up a certificate authority infrastructure consisting of Entrust Authority PKI that issues digital certificates and integrates with various applications and certificate profiles for individuals and corporations with various validity periods of one, two or three years based on individual customer needs.