GFCL EV Products unlisted share price

Price history

About

GFCL EV Products Limited is building what it calls India's first fully integrated battery materials facility. It makes the chemicals that go inside lithium-ion battery cells: LiPF6 salt, PVDF and PTFE binders, electrolyte formulations, additives, LFP cathode active material and natural graphite anode material. These serve electric vehicles and battery energy storage systems. Its plants are in Gujarat, with a registered office at Ranjitnagar in Panchmahals district and a plant at Dahej. The annual report says the LiPF6, binder and electrolyte plants have been audited and approved by global customers, and the LFP cathode plant has been commissioned and stabilised. The company is early in its life, so the numbers are small against the money going in. On a consolidated basis, revenue from operations for the year ended 31 March 2026 was ₹3,322.16 lakh, up from ₹944.30 lakh a year earlier. The loss for the year was ₹10,431.36 lakh, against ₹2,700.57 lakh in the previous year. Total assets stood at ₹2,80,668.61 lakh, most of it plant and capital work-in-progress. The company plans capital spending of about ₹6,000 crore over the next 2-3 years and is also developing a greenfield project in Oman. Gujarat Fluorochemicals Limited, part of the INOX group, is the promoter and held 96.89% of the equity shares on 31 March 2026. The company has also secured funding from International Finance Corporation, and the books show Series A compulsorily convertible preference shares of ₹43,000.00 lakh. Total borrowings were ₹64,025.56 lakh at year end. Mr. Vivek Jain is Chairman and Managing Director. The company has not filed for an IPO as per our records. Unlisted shares of a company like this are dealt off-market, between private buyers and sellers, so the price shown on this page is indicative and not an exchange price. The current indicative price is ₹42 per share with a lot size of 1000 shares. Figures here are consolidated and taken from the FY26 annual report on the company's own website.