Khaitan Chemicals & Fertilizers Ltd
Incorporated in 1982, Khaitan Chemicals
& Fertilizers Ltd is a manufacture of Single Super Phosphate (Fertilizer), Sulphuric Acid
and other chemicals[1]
- Market Cap ₹ 549 Cr.
- Current Price ₹ 56.6
- High / Low ₹ 99.9 / 43.2
- Stock P/E 392
- Book Value ₹ 23.0
- Dividend Yield 0.00 %
- ROCE 2.47 %
- ROE 0.63 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of -4.22% over last 3 years.
- Dividend payout has been low at 2.30% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Fertilizers Industry: Fertilizers
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
388 | 329 | 392 | 359 | 353 | 373 | 437 | 481 | 824 | 888 | 536 | 720 | |
370 | 295 | 352 | 320 | 317 | 330 | 391 | 421 | 700 | 810 | 566 | 697 | |
Operating Profit | 18 | 35 | 40 | 38 | 36 | 43 | 46 | 59 | 124 | 78 | -30 | 23 |
OPM % | 5% | 11% | 10% | 11% | 10% | 11% | 11% | 12% | 15% | 9% | -6% | 3% |
9 | 3 | 2 | 3 | 1 | 1 | 2 | 0 | -1 | 6 | 2 | 1 | |
Interest | 25 | 30 | 30 | 31 | 26 | 22 | 18 | 14 | 13 | 20 | 32 | 30 |
Depreciation | 8 | 9 | 9 | 8 | 9 | 9 | 9 | 7 | 7 | 9 | 12 | 11 |
Profit before tax | -6 | -2 | 3 | 2 | 2 | 13 | 22 | 40 | 102 | 56 | -72 | -16 |
Tax % | -74% | -309% | 51% | 22% | 32% | 37% | 30% | 37% | 22% | 24% | -2% | -108% |
-2 | 4 | 2 | 2 | 2 | 8 | 15 | 25 | 80 | 42 | -70 | 1 | |
EPS in Rs | -0.17 | 0.36 | 0.17 | 0.17 | 0.17 | 0.81 | 1.55 | 2.56 | 8.20 | 4.34 | -7.27 | 0.14 |
Dividend Payout % | -30% | 14% | 29% | 29% | 30% | 6% | 13% | 10% | 4% | 7% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | -4% |
TTM: | 34% |
Compounded Profit Growth | |
---|---|
10 Years: | -9% |
5 Years: | -38% |
3 Years: | -74% |
TTM: | 102% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 55% |
3 Years: | -26% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | -4% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 115 | 116 | 118 | 119 | 121 | 128 | 143 | 165 | 243 | 284 | 211 | 213 |
213 | 225 | 232 | 239 | 202 | 137 | 140 | 79 | 142 | 229 | 316 | 318 | |
49 | 47 | 41 | 69 | 59 | 78 | 98 | 102 | 177 | 186 | 88 | 79 | |
Total Liabilities | 386 | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 |
123 | 124 | 118 | 118 | 114 | 108 | 102 | 100 | 102 | 129 | 132 | 127 | |
CWIP | 4 | 0 | 1 | 2 | 1 | 0 | 0 | 0 | 5 | 3 | 2 | 1 |
Investments | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 4 | 5 |
259 | 274 | 281 | 316 | 275 | 244 | 288 | 254 | 461 | 572 | 486 | 487 | |
Total Assets | 386 | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
175 | 21 | 26 | 32 | 64 | 92 | 16 | 84 | 27 | -88 | -55 | ||
-23 | -8 | -2 | -9 | 0 | -4 | 1 | -6 | -20 | -22 | 2 | ||
-151 | -13 | -24 | -23 | -65 | -88 | -17 | -79 | 40 | 63 | 54 | ||
Net Cash Flow | 1 | 0 | -1 | -0 | -0 | 0 | 0 | -0 | 47 | -47 | -0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 61 | 87 | 93 | 102 | 58 | 45 | 33 | 17 | 27 | 33 | 37 |
Inventory Days | 185 | 231 | 94 | 182 | 128 | 147 | 162 | 157 | 158 | 159 | 256 | 156 |
Days Payable | 38 | 50 | 34 | 71 | 66 | 84 | 73 | 66 | 75 | 74 | 47 | 30 |
Cash Conversion Cycle | 191 | 243 | 146 | 204 | 164 | 121 | 133 | 124 | 101 | 112 | 242 | 162 |
Working Capital Days | 182 | 233 | 207 | 237 | 210 | 149 | 149 | 121 | 99 | 153 | 274 | 194 |
ROCE % | 3% | 8% | 9% | 9% | 8% | 11% | 14% | 20% | 36% | 15% | -8% | 2% |
Documents
Announcements
-
Appointment Of Secretarial Auditor Of The Company
7h - Appointment of M/s Ritesh Gupta & Co. as secretarial auditors for FY 2025-26 to FY 2029-30.
- Outcome Of The Meeting Of The Board Held On Wednesday, April 23Rd, 2025 7h
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Wednesday, April 23Rd, 2025
7h - Approved FY25 audited results; no dividend; auditor appointments; director ceased; borrowings rose to 204 Cr.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Whole-Time Director Jagdish Lal Jajoo's tenure ended April 21, 2025; board reconstituted from April 22, 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
18 Apr - Company not classified as Large Corporate under SEBI norms.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
KCFL is the largest manufacturer of Single Super Phosphate (SSP) in India. It sells fertilizers under the brand of Khaitan SSP & Utsav SSP. Company is a brand leader in Western Madhya Pradesh, and caters to several states with over 3,000 distributors and dealers.