Logo
Whalesbook
HomeNewsCorporate NewsPremiumStocks
HomeNewsCorporate NewsPremiumStocks

National Fertilizers Ltd

₹ 82.7-0.61%
16 Jan – close price
🔗nationalfertilizers.com•BSE: 523630•NSE: NFL
Market Cap₹ 4,058 Cr.
Current Price₹ 82.7
High / Low₹ 115
Stock P/E47.2
Book Value₹ 53.9
Dividend Yield1.89 %
ROCE5.57 %
ROE2.38 %
Face Value₹ 10.0
Sales₹ 20,610 Cr.
OPM2.90 %
Mar Cap₹ 4,058 Cr.

ABOUT

National Fertilizers Limited is engaged in production and marketing of Neem Coated Urea, Bio-Fertilizers (solid & liquid) and other allied Industrial products. It is also engaged in trading of Imported and Domestic Fertilizers, Compost, Seeds and other Agro products.[1]

KEY POINTS

Market LeadershipThe company is thelargest urea produceramongst CPSEs in India, and the 2nd largest Urea player in India with a12% sharein the country’s total production.[1][2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Coromandel Inter2321.6032.1968469.900.52793.4421.289654.1329.8823.2028620.0110.662127.30805.335.629.900.12
2.F A C T833.70595.3854006.550.0220.8686.421629.3012.478.654674.773.8590.7120.8639.230.372.79
3.Chambal Fert.440.159.4717636.692.27648.7520.956412.7647.5526.7619477.1613.061862.50648.761.7913.810.01
4.Paradeep Phosph.138.1214.6514316.060.72341.9433.926872.2048.7813.7218974.6410.12977.47341.941.755.190.87
5.R C F136.9624.417559.240.96105.3533.425292.5823.387.4916911.184.31309.74105.351.542.070.56
6.G S F C173.9110.376927.152.88324.118.673187.3720.966.1810108.047.61668.15324.070.564.040.00
7.Natl.Fertilizer82.7447.234057.601.89-10.214.046763.0754.045.5720609.602.9085.92-10.211.530.631.71
–Median: 22 Co.137.5418.21438.260.1220.3948.11561.3827.8612.711952.229.882.5620.441.794.880.56

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
6,75410,1376,2575,0365,6607,5845,2845,0924,3905,8564,4573,5346,763
Expenses
6,5729,2006,5905,0605,7147,2664,9054,9854,2655,7104,2223,4466,635
Operating Profit
182937-333-23-5531837910712514623489128
Other Income
11331462332142920143225915
Profit before tax
33786-359-191-153190242-54-1442130-45-10
Tax %
24%25%-25%-25%-26%26%25%-23%-23%26%25%-28%-1%
Net Profit
25589-269-144-113140182-41-113197-32-10
EPS in Rs
0.5012.00-5.48-2.93-2.312.853.70-0.84-0.220.631.98-0.65-0.21

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
8,0128,5147,7577,6008,94312,42913,13511,90615,85729,58723,55619,79820,610
Expenses
7,8748,1307,1977,0418,40411,41212,27310,98915,26628,50922,93919,18220,013
Operating Profit
1373855605595391,0178629175911,077617615597
Other Income
373747456252-33133261931109581
Interest
207304231193192320409294137308277233177
Depreciation
12973878573285374312335353362373384
Profit before tax
-16145288325335463-25334314561089104117
Net Profit
-9026199208213298-171250108456657686
EPS in Rs
-1.830.534.054.244.346.08-3.495.092.219.301.321.551.75
Dividend Payout %
0%32%30%0%0%31%-27%0%0%30%20%100%–

Compounded Sales Growth

10 Years:9%
5 Years:9%
3 Years:8%
TTM:-8%

Compounded Profit Growth

10 Years:10%
5 Years:-22%
3 Years:-15%
TTM:-68%

Stock Price CAGR

10 Years:12%
5 Years:14%
3 Years:4%
1 Year:-24%

Return on Equity

10 Years:9%
5 Years:8%
3 Years:7%
Last Year:2%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
491491491491491491491491491491491491491
Reserves
1,0039901,2001,3361,4971,7281,4301,6811,8242,2832,2112,2732,155
Borrowings
7,5587,6456,1244,1353,0616,4648,1031,8923,1723,9934,0912,0014,537
Other Liabilities
4,7024,3324,2074,2234,5825,2314,5614,3825,2446,0024,5634,5996,183
Total Liabilities
13,75413,45812,02110,1849,63013,91414,5848,44510,73012,76811,3559,36413,366
Fixed Assets
4,6824,4434,2594,0594,0803,9933,7263,6154,2303,9693,8313,6943,626
Gross Block
7,181.977,227.194,530.504,602.764,926.495,115.625,219.955,421.286,363.286,445.306,660.856,895.13–
Accumulated Depreciation
2,499.732,783.88271.90544.23846.961,122.171,494.371,806.212,133.742,476.622,829.933,201.31–
CWIP
1439335164133656862138178242172180
Investments
0215125219274342448491491491491492
Other Assets
9,0588,9737,7145,9495,2689,5139,8613,5205,8708,1316,7915,0079,068
Total Assets
13,75413,45812,02110,1849,63013,91414,5848,44510,73012,76811,3559,36413,366

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-1,6083041,8502,4531,661-2,699-3097,034-826-3355832,482
Cash from Investing Activity
-133-89-88-202-346-314-820-509-333-203-249-160
Cash from Financing Activity
1,739-214-1,760-2,250-1,3143,0221,132-6,5051,145526-318-2,334
Net Cash Flow
-212119320-14-1316-12

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
2112162262051602102158165516360
Inventory Days
342548634590672590574128
Days Payable
301531444235474258333146
Cash Conversion Cycle
2162252442241632652356497757242
Working Capital Days
3730302929288437-30
ROCE %
1%4%6%8%9%11%6%9%6%15%5%6%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%74.71%
FIIs
0.20%0.54%0.39%0.39%1.10%0.48%0.41%0.41%0.42%0.60%0.49%0.91%1.06%
DIIs
12.75%12.40%11.89%9.90%8.51%8.38%7.47%7.27%7.28%6.83%6.21%5.99%5.91%
Public
12.36%12.36%13.01%15.00%15.68%16.43%17.39%17.60%17.58%17.85%18.58%18.39%18.31%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

National Fertilizers Limited Files SEBI Compliance Certificate for Share Dematerialization

8th April 2026, 10:35 pm

National Fertilizers Limited Reports Zero Commercial Paper Issuance for Quarter Ended March 31, 2026

2nd April 2026, 10:12 pm

National Fertilizers Limited Transfers 6,191 Unclaimed Shares to IEPF

1st April 2026, 8:51 pm

National Fertilizers Limited transfers 2,770 shares to Investor Education Fund

27th March 2026, 10:50 pm

National Fertilizers Limited's Credit Ratings Affirmed by India Ratings & Research

27th March 2026, 9:14 pm

Published by Other Websites

External media mentions & references

Fertiliser Stocks Rise on US-Iran Ceasefire, Supply Risks Stay

8th April 2026, 11:42 am

India in Mission Mode to Secure Fertiliser Supply Amid West Asia War

4th April 2026, 11:40 pm

Top Stocks Surge on Price-Volume Breakout; Market Gains Momentum

10th March 2026, 6:06 pm

Fertiliser Stocks Rally on Geopolitical Hopes, But Input Costs Loom

10th March 2026, 12:48 pm

Fertilizer Stocks Tumble 5% on West Asia Tensions, Soaring Input Costs

9th March 2026, 7:58 pm

News Articles

Editorial & research coverage

Fertilizer Subsidy Bill Surges Amid Global Price Hikes, Weak Rupee
Fertilizer Subsidy Bill Surges Amid Global Price Hikes, Weak Rupee

1st February 2026, 8:45 pm

India Urea Tender Lowest Offer Hits $425/Tonne Amid Import Drive
India Urea Tender Lowest Offer Hits $425/Tonne Amid Import Drive

6th January 2026, 9:16 pm

PM Modi Lays Foundation for Rs 10,601 Crore Assam Fertilizer Plant: A New Era of Jobs and Growth Unfolds!
PM Modi Lays Foundation for Rs 10,601 Crore Assam Fertilizer Plant: A New Era of Jobs and Growth Unfolds!

21st December 2025, 2:31 pm

Fertiliser Stocks Soar on Government Assurance: Urea Shortage Averted for Rabi Season! Find Out Why
Fertiliser Stocks Soar on Government Assurance: Urea Shortage Averted for Rabi Season! Find Out Why

16th December 2025, 10:41 am

India & Russia Seal Massive Fertilizer Deal: Securing Supply & Slashing Import Costs!
India & Russia Seal Massive Fertilizer Deal: Securing Supply & Slashing Import Costs!

6th December 2025, 3:53 am

Documents

Announcements

Intimation of Repayment of Commercial Paper (CP)

13 Jan - Quarterly CP certificate for quarter ended 31.12.2025: no commercial paper issued; total issuance NIL.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

8 Jan - SEBI Reg 74(5) certificates for quarter ended 31 Dec 2025; dematerialisation/cancellation confirmed.

Report On Transfer Requests Of Physical Shares Re-Lodged Under The Special Window.

8 Jan - Report for Dec 1, 2025–Jan 6, 2026: no physical-share transfer requests received or processed.

Announcement under Regulation 30 (LODR)-Change in Directorate

19 Dec - Shri Anurag Rohatgi appointed Additional (Government Nominee) Director w.e.f. 19.12.2025 for three years.

Announcement under Regulation 30 (LODR)-Cessation

19 Dec - Shri Anurag Rohatgi appointed Government Nominee Director effective 19.12.2025, replacing Shri Bharat Shushan; three-year term.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

2 May 2025 from icra

Rating update

27 Mar 2025 from fitch

Rating update

17 May 2024 from icra

Rating update

16 Apr 2024 from fitch

Rating update

28 Mar 2024 from fitch

Rating update

23 May 2023 from icra

Concalls

Mar 2023

PPT

Sep 2022

PPT

Jun 2022

PPT

Oct 2016

PPT

Stock Analysis

Description

  1. National Fertilizers Limited is engaged in production and marketing of Neem Coated Urea, Bio-Fertilizers (solid & liquid) and other allied Industrial products. It is also engaged in trading of Imported and Domestic Fertilizers, Compost, Seeds and other Agro products.

Key Growth Triggers

  1. Currently no data available for Key Growth Triggers.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. Currently no data available for Key Dates To Watch.

Corporate Announcements

8th Apr 26
Impact Rating: 6
National Fertilizers Limited has submitted a certificate confirming compliance with SEBI regulations regarding the dematerialization and cancellation of share certificates for the quarter ended March 31, 2026.
2nd Apr 26
Impact Rating: 6
National Fertilizers Limited has filed its quarterly certificate with BSE, stating no Commercial Paper issuance for the quarter ending March 31, 2026, and affirming its 'Standard' asset classification.
1st Apr 26
Impact Rating: 6
In compliance with Section 124 of the Companies Act, 2013, National Fertilizers Limited has transferred a total of 6,191 equity shares, previously unclaimed, to the Investor Education and Protection Fund Authority.
27th Mar 26
Impact Rating: 3
National Fertilizers Limited has transferred 2,770 equity shares to the Investor Education and Protection Fund (IEPF) as per Section 124(6) of the Companies Act, 2013. The transfer was executed via Central Depository Services (India) Limited (CDSL).
27th Mar 26
Impact Rating: 7
National Fertilizers Limited's credit ratings have been affirmed by India Ratings & Research. Ratings for bank loan facilities stand at IND AA/Stable (fund-based) and IND A1+ (non-fund-based) up to ₹90,000.00 million and ₹96,000.00 million respectively, with commercial paper rated IND A1+ up to ₹40,000.00 million.