Industry analysis

Fertilizers

Read from what its listed companies are showing. Valuations are compared within this industry.

Mixed

29 listed companies · ₹ 82,650 Cr. total market value

●65% of companies grew sales by more than 8% from a year earlier; the typical company's profit fell 2.3%. 15% made a loss.
●1 credit rating upgrade and 1 downgrade in the last 90 days.
–2 good and no bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
▼The typical share is down 14% in 3 months; 18% of shares trade above their 200-day average (their usual level).
–Typical P/E 12.5, 17% below these companies' usual level (cheaper than normal).

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Fertilizers share against the typical share on the market, both starting at 100. Now 73 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers
				Details
Rama Phosphates RAMAPHO	6.4 vs 12.549% cheaper	+18.4% / +6.3%	₹ 344.2 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Good news

Aries Agro Ltd (CN)Credit rating raised
Paradeep PhosphatesExpansion or acquisition

Warning signs

Nova AgritechCredit rating cut

Best shares, 3 months

Worst shares, 3 months

Rashtriya Chemicals and Fertilizers−24.5%
Agro Phos (India)−24.2%
Chambal Fertilisers & Chemicals Ltd−20.1%
Madras Fertilizers−19.7%
Zuari Agro Chemicals−18.9%

Companies

Click a column to sort.

Fertilizers companies
							Signs (90 days)
Coromandel International COROMANDEL	Fertilizers	₹ 50,876.35 Cr.	+15.9%	−23.9%	27.1	−16.4%
Paradeep Phosphates PARADEEP	Fertilizers	₹ 13,905.9 Cr.	+36%	+24%	12.8	−11.3%	Expansion or acquisition
Krishana Phoschem KRISHANA	Fertilizers	₹ 6,182.76 Cr.	+34.3%	+51.6%	31.4	+28%
Rashtriya Chemicals and Fertilizers RCF	Fertilizers	₹ 5,213.45 Cr.	+6.4%	+37%	12.5	−24.5%
National Fertilizers NFL	Fertilizers	₹ 2,804.7 Cr.	+27.3%	—	7.7	−14.6%
Madras Fertilizers MADRASFERT	Fertilizers	₹ 819.2 Cr.	+21.1%	−20.5%	10.6	−19.7%
Zuari Agro Chemicals ZUARI	Fertilizers	₹ 791.1 Cr.	−50.6%	−6.3%	2.5	−18.9%
Aries Agro Ltd (CN) ARIES	Fertilizers	₹ 573.79 Cr.	+16.8%	+50%	12.2	+27.2%	Credit rating raised
Rama Phosphates RAMAPHO	Fertilizers	₹ 344.2 Cr.	+18.4%	+6.3%	6.4	−17.6%
Balaji Phosphates BALAJIPHOS	Fertilizers	₹ 235.39 Cr.	+56.4%	+100%	23.7	+16.7%
Nova Agritech NOVAAGRI	Fertilizers	₹ 200.55 Cr.	+28.4%	0%	15.5	−9.2%	Credit rating cut
Anya Polytech & Fertilizers ANYA	Fertilizers	₹ 192 Cr.	—	—	23.1	−2%
Bharat Agri Fert & Realty 531862	Fertilizers	₹ 110.73 Cr.	−18.9%	Loss	496.7	−14%
Basant Agro Tech India Ltd 524687	Fertilizers	₹ 90.15 Cr.	+31.8%	+11.9%	12.5	−7.3%
Nagarjuna Fertilizers and Chemicals NAGAFERT	Fertilizers	₹ 88.51 Cr.	—	Loss	0.1	—
Teesta Agro Industries 524204	Fertilizers	₹ 59.53 Cr.	+4.5%	+9.7%	7.3	+0.6%
The Phosphate Company Ltd 542123	Fertilizers	₹ 48.7 Cr.	+39%	−41.3%	24.2	−4.9%
Agro Phos (India) AGROPHOS	Fertilizers	₹ 44.18 Cr.	+7%	Loss	6.2	−24.2%
Shiva Global Agro Industries SHIVAAGRO	Fertilizers	₹ 36.81 Cr.	+17.4%	−9.4%	32	—
Bohra Industries BOHRAIND	Fertilizers	₹ 28.16 Cr.	—	Loss	0.7	−7%
MP Agro Industries Ltd 506543	Fertilizers	₹ 4.21 Cr.	—	−50%	70.2	−16.1%
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT	Fertilizers	—	−11.8%	−4.6%	7.6	−20.1%
Fertilizers and Chemicals Travancore Ltd FACT	Fertilizers	—	+43.4%	−7.8%	2,933	−17.9%
Gujarat State Fertilizers & Chemicals Ltd GSFC	Fertilizers	—	+64.1%	+14.4%	7.8	−14.7%
Khaitan Chemicals & Fertilizers Ltd KHAICHEM	Fertilizers	—	−5.6%	−47.6%	7.5	−7.6%
Madhya Bharat Agro products MBAPL	Fertilizers	—	+1.5%	+17.9%	47.3	+1.7%
Southern Petrochemicals Industries Corporation Ltd SPIC	Fertilizers	—	+8.7%	−10.4%	5.5	−14.4%
Krishana Phoschem KRISHANA	Fertilizers	—	—	—	—	—
Madhya Bharat Agro products MBAPL	Fertilizers	—	—	—	—	—

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.