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 ₹ 485 Cr.
- Current Price ₹ 50.2
- High / Low ₹ 136 / 42.8
- Stock P/E 8.32
- Book Value ₹ 30.0
- Dividend Yield 0.10 %
- ROCE 18.5 %
- ROE 25.4 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 21.1% CAGR over last 5 years
- Debtor days have improved from 30.9 to 22.7 days.
Cons
- Tax rate seems low
- Company has a low return on equity of -0.54% 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
Commodities Chemicals Fertilizers & Agrochemicals Fertilizers
Part of BSE Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 329 | 392 | 359 | 353 | 373 | 437 | 481 | 824 | 888 | 536 | 720 | 1,002 | 988 | |
| 295 | 352 | 320 | 317 | 330 | 391 | 421 | 700 | 810 | 566 | 697 | 888 | 883 | |
| Operating Profit | 35 | 40 | 38 | 36 | 43 | 46 | 59 | 124 | 78 | -30 | 23 | 114 | 105 |
| OPM % | 11% | 10% | 11% | 10% | 11% | 11% | 12% | 15% | 9% | -6% | 3% | 11% | 11% |
| 3 | 2 | 3 | 1 | 1 | 2 | 0 | -1 | 6 | 2 | 1 | -3 | -2 | |
| Interest | 30 | 30 | 31 | 26 | 22 | 18 | 14 | 13 | 20 | 32 | 30 | 33 | 33 |
| Depreciation | 9 | 9 | 8 | 9 | 9 | 9 | 7 | 7 | 9 | 12 | 11 | 10 | 10 |
| Profit before tax | -2 | 3 | 2 | 2 | 13 | 22 | 40 | 102 | 56 | -72 | -16 | 68 | 59 |
| Tax % | -309% | 51% | 22% | 32% | 37% | 30% | 37% | 22% | 24% | -2% | -108% | 4% | |
| 4 | 2 | 2 | 2 | 8 | 15 | 25 | 80 | 42 | -70 | 1 | 65 | 54 | |
| EPS in Rs | 0.36 | 0.17 | 0.17 | 0.17 | 0.81 | 1.55 | 2.56 | 8.20 | 4.34 | -7.27 | 0.14 | 6.66 | 5.57 |
| Dividend Payout % | 14% | 29% | 29% | 30% | 6% | 13% | 10% | 4% | 7% | 0% | 0% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 4% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 44% |
| 5 Years: | 21% |
| 3 Years: | 20% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | -4% |
| 3 Years: | -9% |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | -1% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 116 | 118 | 119 | 121 | 128 | 143 | 165 | 243 | 284 | 211 | 213 | 281 |
| 225 | 232 | 239 | 202 | 137 | 140 | 79 | 142 | 229 | 316 | 318 | 306 | |
| 47 | 41 | 69 | 59 | 78 | 98 | 102 | 177 | 186 | 88 | 80 | 86 | |
| Total Liabilities | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 | 683 |
| 124 | 118 | 118 | 114 | 108 | 102 | 100 | 102 | 129 | 132 | 127 | 118 | |
| CWIP | 0 | 1 | 2 | 1 | 0 | 0 | 0 | 5 | 3 | 2 | 1 | 3 |
| Investments | 0 | 0 | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 4 | 5 | 7 |
| 274 | 281 | 316 | 275 | 244 | 288 | 254 | 461 | 572 | 486 | 488 | 554 | |
| Total Assets | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 | 683 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 26 | 32 | 64 | 92 | 16 | 84 | 27 | -88 | -55 | 44 | 44 | |
| -8 | -2 | -9 | 0 | -4 | 1 | -6 | -20 | -22 | 2 | -17 | -4 | |
| -13 | -24 | -23 | -65 | -88 | -17 | -79 | 40 | 63 | 54 | -27 | -40 | |
| Net Cash Flow | 0 | -1 | -0 | -0 | 0 | 0 | -0 | 47 | -47 | -0 | 0 | -0 |
| Free Cash Flow | 13 | 23 | 22 | 61 | 90 | 15 | 79 | 14 | -108 | -67 | 39 | 37 |
| CFO/OP | 61% | 63% | 81% | 179% | 222% | 42% | 155% | 45% | -99% | 168% | 193% | 42% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 61 | 87 | 93 | 102 | 58 | 45 | 33 | 17 | 27 | 33 | 37 | 23 |
| Inventory Days | 231 | 94 | 182 | 128 | 147 | 162 | 157 | 158 | 159 | 256 | 156 | 128 |
| Days Payable | 50 | 34 | 71 | 66 | 84 | 73 | 66 | 75 | 74 | 47 | 30 | 31 |
| Cash Conversion Cycle | 243 | 146 | 204 | 164 | 121 | 133 | 124 | 101 | 112 | 242 | 163 | 119 |
| Working Capital Days | 16 | 49 | 50 | 55 | 56 | 60 | 76 | 42 | 71 | 74 | 51 | 60 |
| ROCE % | 8% | 9% | 9% | 8% | 11% | 14% | 20% | 36% | 15% | -8% | 2% | 18% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chemicals & Speciality Chemicals Production Volume MT |
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| Chemicals & Speciality Chemicals Sales Volume MT |
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| SSP (Fertilizer) Production Volume MT |
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| SSP (Fertilizer) Sales Volume MT |
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| Overall Capacity Utilization % |
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| Number of Dealers / Distributors count |
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| Number of States Covered count |
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| National SSP Market Share % |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7h - Newspaper cutting of Unaudited financial results for the quarter ended 30.06.2026.
-
Comments Of The Board Members For The Fine Levied For Non-Compliance / Delayed Compliance Under Regulation 29(2)/29(3) Of The SEBI (LODR) Regulations, 2015
1d - NSE and BSE levied Rs.11,800 each for delayed dividend intimation on March 31, 2026.
- The Board Has Approved The Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2026. 1d
-
Board Meeting Outcome for The Board Has Approved The Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2026.
1d - Board approved Q1 FY27 results and revoked common seal alteration proposal.
-
Board Meeting Intimation for Consideration And Adoption Of The Unaudited Financial Results Along With Limited Review Report For The Quarter Ended June 30, 2026
9 Jul - Board meeting on July 13, 2026 to approve Q1 FY27 results; trading window closed from July 1.
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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.