National Fertilizers
- Market cap
- ₹ 2,805 Cr.
- P/E
- 8x
- P/B
- 1.02x
- 52-week range
- 56.01 – 96.4
- ROE
- 8%
- ROCE
- 9%
- Dividend yield
- 1.8%
- Debt / equity
- 1.4
- Sector
- Fertilizers & Agrochemicals
- Industry
- Fertilizers
- Listed on
- NSE, BSE
About
National Fertilizers Limited is an India-based company. The Company is engaged in production and marketing of neem coated urea, bio-fertilizers (solid & liquid) and other allied industrial products like ammonia, nitric acid, ammonium nitrate, sodium nitrite and sodium nitrate. It is also engaged in trading imported and domestic fertilizers, compost, seeds, Agro chemicals and other Agro products. Its segments include Manufactured Fertilizers, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Its Manufactured Fertilizers include urea, bentonite Sulphur, and bio fertilizers. Its Manufactured Chemicals include industrial products, Agro chemicals and more. It offers domestic traded products, Agro inputs, sales services and more. The Company operates five gas-based Urea plants, viz. Nangal & Bathinda plants in Punjab, Panipat plant in Haryana and two plants at Vijaipur in Madhya Pradesh with a total annual revamped capacity of over 35.68 lakh metric tons (LMT).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Fertilizers: 29 companies →National Fertilizers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)8 against a typical 12.8: cheaper than most peers (1st = cheapest).11th of 27
- Sales growth+27.3% against a typical +17.4% from a year earlier.9th of 23
- Share price, 3 months−18% against a typical −14%.18th of 25
- Size₹ 2,804.7 Cr. market value against a typical ₹ 200.6 Cr. (1st = largest).5th of 21
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA | Stable | 26 May 2026 |
| India Ratings | IND AA; IND A1+ | Stable | 26 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 26 May 2026 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 22,600 Cr. | |
| 26 Mar 2026 | Reaffirmed | IND AA | — | India Ratings | ₹ 22,600 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results/Dividend | (A) Intimation regarding holding of Meeting of Board of Directors to:(a) Consider, approve and take on record Un-audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026. (b) Consider the recommendation of Final Dividend, if any, for the Financial Year 2025-26;(B) Intimation regarding Closure of Trading Window for Insiders. |
| 27 May 2026 | Financial Results | (A) Intimation regarding holding of Meeting of Board of Directors to Consider, approve and take on record Audited Financial Results for the quarter and year ended 31st March, 2026. (B) Intimation regarding Closure of Trading Window for Insiders. |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results/Dividend | (A) Intimation regarding holding of Meeting of Board of Directors to:(a) Consider, approve and take on record Un-audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2025. (b) Consider the recommendation of Final Dividend, if any, for the Financial Year 2024-25; (B) Intimation regarding Closure of Trading Window for Insiders. |
| 30 May 2025 | Financial Results | Postponement of Board Meeting scheduled for consideration and approval of Audited Financial Results for the quarter and year ended 31st March, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,660 | 7,584 | 5,284 | 5,092 | 4,390 | 5,856 | 4,457 | 3,534 | 6,763 | 6,870 | 4,347 | 4,500 |
| Expenses | 5,714 | 7,266 | 4,905 | 4,985 | 4,265 | 5,710 | 4,222 | 3,453 | 6,660 | 6,574 | 4,026 | 4,234 |
| Operating Profit | −55 | 318 | 379 | 107 | 125 | 146 | 234 | 81 | 103 | 296 | 321 | 267 |
| OPM % | −1% | 4.2% | 7% | 2.1% | 2.9% | 2.5% | 5% | 2.3% | 1.5% | 4.3% | 7% | 6% |
| Other Income | 58 | 25 | 55 | 53 | 37 | 47 | 62 | 9 | 15 | 59 | 46 | 54 |
| Interest | 39 | 50 | 74 | 90 | 60 | 41 | 35 | 46 | 55 | 72 | 77 | 79 |
| Depreciation | 90 | 92 | 92 | 91 | 93 | 94 | 95 | 96 | 99 | 110 | 100 | 104 |
| Profit before tax | −127 | 201 | 268 | −21 | 9 | 57 | 167 | −52 | −36 | 172 | 190 | 138 |
| Tax % | −31% | 25% | 23% | −59% | −35% | 19% | 19% | −24% | 0% | 22% | 20% | 18% |
| Net Profit | −87 | 151 | 208 | −9 | 12 | 46 | 135 | −39 | −36 | 135 | 152 | 113 |
| EPS in Rs | −1.78 | 3.08 | 4.23 | −0.18 | 0.25 | 0.93 | 2.75 | −0.8 | −0.73 | 2.76 | 3.09 | 2.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- −10%
- TTM
- 23%
- 10 Years
- 1%
- 5 Years
- −2%
- 3 Years
- −23%
- TTM
- 138%
- 10 Years
- 8%
- 5 Years
- 6%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 7%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| National Fertilizers | ₹ 59.02 | ₹ 2,805 Cr. | 8x | 1x | 8% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Ulaganathan Saravanan
- Chairman of the Board, Managing Director
- Arvind Kumar
- Chief Financial Officer, Executive Director
- Ashok Jha
- Compliance Officer, Company Secretary
- Mahesh Chander Gupta
- Executive Director, Director - Marketing
- Megh Nath Goyal
- Executive Director, Director - Technical
- B. B. Grover
- Executive Director - Technical Services
- Vinay Kumar Gupta
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.