Godavari Fertilisers And Chemicals Limited (GFCL), incorporated in 1981, has completed 25 years of its existence.
GFCL became a Murugappa Group company in July 2003 when Coromandel Fertilisers Limited (CFL) acquired the stake of Government of Andhra Pradesh in the process of disinvestment. With a view to foster business relations, Foskor of South Africa and GCT of Tunisia - the two major raw material suppliers have been made shareholders with 5% each in the equity of the Company.
IFFCO, the other major shareholder and co-promoter of the Company, has also divested its shareholding in favour of CFL on 12th April 2007. Consequent to this, the Company has become a subsidiary of CFL. Presently, CFL holds 74.92% of the capital of the Company and the remaining is held by public.
The Company’s approximately 1.2 Million MT manufacturing facility is located at Kakinada, very close to the sea port and has excellent infrastructure. The plant is strategically located to derive advantages of logistics- inbound and outbound. The company has superior product and process technology and the production efficiencies are comparable to the best in the world.
The plant with 8.32 lac MT name plate capacity in 2003, when it was acquired by Murugappa Group, is now tuned to produce more than 1.15 million MT per annum with minimum additional investment in capital assets.
The company is one of the low cost producers of DAP and complex fertilizers using imported phosphoric acid and has built in flexibility to change the product mix with ease - both in terms of production and marketing.
The Company mainly markets its products through 9 regional marketing offices in 6 States besides directly selling from the Plant. The Company has a network of more than 8000 dealers. The demand for Godavari brand products is quite strong and realizing this potential, the company has embarked upon an expansion project to add 4.25 lac MT of additional capacity by June 2009.
Raw material availability is one of the major factors in the successful operation of a fertiliser company. GFCL has strong raw material supply linkages through long term supply agreements with major international suppliers.
Bio-fertiliser unit commissioned in 1992 is supplementing Chemical nutrients with eco-friendly Bio-fertiliser
GFCL manufactured eco-friendly Bio0fertilizer of "Rizobium culture","Azospirallum" and Phosphate solublising bacteria for wide varity of crops viz., Cereals, Pulses and Oil Seeds in its plant at Kakinada.
R&D was conducted on many strains of Bacteria suitable for different crops for purposes of Bio-fertiliser production for Rice, Groundnut, Soyabean, Sugarcane, Wheat,cotton,sunflower etc.