National Fertilizer Ltd
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]
- Market Cap ₹ 6,542 Cr.
- Current Price ₹ 133
- High / Low ₹ 156 / 65.0
- Stock P/E 43.6
- Book Value ₹ 52.1
- Dividend Yield 2.09 %
- ROCE 6.69 %
- ROE 5.89 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.53 times its book value
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 7.33% over last 3 years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 9.95% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
8,514 | 7,757 | 7,600 | 8,943 | 12,429 | 13,135 | 11,906 | 15,857 | 29,617 | 23,560 | |
8,130 | 7,197 | 7,041 | 8,404 | 11,417 | 12,283 | 11,001 | 15,469 | 28,539 | 22,942 | |
Operating Profit | 385 | 560 | 559 | 539 | 1,012 | 852 | 904 | 388 | 1,078 | 618 |
OPM % | 5% | 7% | 7% | 6% | 8% | 6% | 8% | 2% | 4% | 3% |
37 | 45 | 45 | 62 | 52 | -331 | 33 | 26 | 195 | 185 | |
Interest | 304 | 231 | 193 | 192 | 320 | 409 | 294 | 137 | 308 | 267 |
Depreciation | 73 | 87 | 85 | 73 | 285 | 374 | 312 | 335 | 353 | 362 |
Profit before tax | 45 | 287 | 325 | 335 | 459 | -263 | 331 | -58 | 612 | 174 |
Tax % | 41% | 31% | 36% | 36% | 36% | 31% | 28% | -63% | 25% | 14% |
26 | 197 | 208 | 213 | 294 | -181 | 237 | -95 | 458 | 150 | |
EPS in Rs | 0.53 | 4.02 | 4.24 | 4.34 | 5.99 | -3.69 | 4.83 | -1.94 | 9.34 | 3.06 |
Dividend Payout % | 32% | 30% | 0% | 0% | 31% | -26% | 0% | 0% | 30% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 26% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -14% |
TTM: | -67% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 29% |
3 Years: | 26% |
1 Year: | 87% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 |
Reserves | 990 | 1,199 | 1,334 | 1,495 | 1,720 | 1,412 | 1,650 | 1,589 | 2,051 | 2,064 |
7,645 | 6,124 | 4,135 | 3,061 | 6,464 | 8,103 | 1,892 | 3,172 | 3,992 | 4,091 | |
4,332 | 4,207 | 4,223 | 4,582 | 5,231 | 4,561 | 4,382 | 5,244 | 6,002 | 4,561 | |
Total Liabilities | 13,458 | 12,019 | 10,182 | 9,628 | 13,905 | 14,565 | 8,414 | 10,496 | 12,535 | 11,206 |
4,443 | 4,259 | 4,059 | 4,080 | 3,993 | 3,726 | 3,615 | 4,230 | 3,969 | 3,865 | |
CWIP | 39 | 33 | 51 | 64 | 133 | 656 | 862 | 138 | 178 | 208 |
Investments | 0 | 23 | 152 | 217 | 265 | 323 | 416 | 257 | 259 | 345 |
8,975 | 7,705 | 5,921 | 5,268 | 9,513 | 9,861 | 3,520 | 5,870 | 8,130 | 6,788 | |
Total Assets | 13,458 | 12,019 | 10,182 | 9,628 | 13,905 | 14,565 | 8,414 | 10,496 | 12,535 | 11,206 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
304 | 1,848 | 2,453 | 1,661 | -2,703 | -319 | 7,021 | -1,029 | -333 | 668 | |
-89 | -87 | -201 | -346 | -310 | -810 | -497 | -129 | -206 | -334 | |
-214 | -1,760 | -2,250 | -1,314 | 3,022 | 1,132 | -6,505 | 1,145 | 526 | -318 | |
Net Cash Flow | 1 | 2 | 1 | 1 | 9 | 3 | 20 | -14 | -13 | 16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 216 | 226 | 205 | 160 | 210 | 215 | 81 | 65 | 51 | 63 |
Inventory Days | 25 | 49 | 63 | 45 | 90 | 67 | 25 | 90 | 57 | 40 |
Days Payable | 15 | 31 | 44 | 42 | 35 | 47 | 42 | 58 | 33 | 33 |
Cash Conversion Cycle | 225 | 244 | 224 | 163 | 265 | 235 | 64 | 97 | 75 | 70 |
Working Capital Days | 244 | 232 | 181 | 147 | 208 | 212 | 42 | 62 | 50 | 61 |
ROCE % | 6% | 8% | 9% | 11% | 6% | 9% | 2% | 16% |
Documents
Announcements
- Closure of Trading Window 26 Jun
- Intimation Pursuant To Regulation 30 Read With Schedule Ili Of SEBI (LODR) Regulations, 2015 (Listing Regulations) 5 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Newspaper clippings of the Publication of Audited Financial Results for the quarter and year ended 31st March, 2024.
- Audited Annual Accounts For The Financial Year 2023-24. 30 May
- Board Meeting Outcome for Audited Annual Accounts For The Financial Year 2023-24. 30 May
Annual reports
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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 2011
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Financial Year 2010
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Products and Services
The Co. 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. [1]
It also provides services to farmers such as educating them on judicious use of fertilizers along with total know-how on improved and scientific methods of cultivation to improve soil productivity. Apart from this, the co is also having 100 Kisan Suvidha Kendra’s (KSKs) to provide all agro products and services to the farmers under a single window concept. [2]