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 ₹ 609 Cr.
- Current Price ₹ 62.7
- High / Low ₹ 136 / 42.8
- Stock P/E 8.86
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 26.8 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 22.4% CAGR over last 5 years
- Debtor days have improved from 30.9 to 22.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of -0.04% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 329 | 392 | 359 | 353 | 373 | 437 | 481 | 824 | 888 | 536 | 720 | 1,002 | |
| 295 | 352 | 320 | 317 | 330 | 391 | 421 | 700 | 810 | 566 | 697 | 889 | |
| Operating Profit | 35 | 40 | 38 | 36 | 43 | 46 | 59 | 124 | 78 | -30 | 23 | 113 |
| OPM % | 11% | 10% | 11% | 10% | 11% | 11% | 12% | 15% | 9% | -6% | 3% | 11% |
| 3 | 2 | 3 | 1 | 1 | 2 | 0 | -1 | 6 | 2 | 1 | -3 | |
| Interest | 30 | 30 | 31 | 26 | 22 | 18 | 14 | 13 | 20 | 32 | 30 | 33 |
| Depreciation | 9 | 9 | 8 | 9 | 9 | 9 | 7 | 7 | 9 | 12 | 11 | 10 |
| Profit before tax | -2 | 3 | 2 | 2 | 13 | 22 | 40 | 102 | 56 | -72 | -16 | 68 |
| 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 | |
| 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 |
| Dividend Payout % | 14% | 29% | 29% | 30% | 6% | 13% | 10% | 4% | 7% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 4% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 22% |
| 3 Years: | 23% |
| TTM: | 4811% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 22% |
| 3 Years: | -6% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 10% |
| 3 Years: | 0% |
| Last Year: | 27% |
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 | 85 | |
| Total Liabilities | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 | 682 |
| 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 | 553 | |
| Total Assets | 399 | 400 | 438 | 391 | 353 | 392 | 355 | 572 | 708 | 624 | 620 | 682 |
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% | 43% |
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 | 127 |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chemicals Production Volume Metric Tons (MT) |
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| Fertilizer (SSP) Production Volume Metric Tons (MT) |
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| Fertilizer (SSP) Sales Volume Lakh MT |
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| Sulphuric Acid Capacity MTPA |
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| Total SSP Manufacturing Capacity Lakh Metric Tons (LMT) |
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| National SSP Market Share Percentage (%) |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
2h - Board approved re-appointment of Utsav Khaitan as Joint Managing Director from May 1, 2026 to April 30, 2029.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
3h - Board approved FY26 audited results, Rs 0.05 final dividend, and reappointed Utsav Khaitan as JMD.
- The Board Has Approved The Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2026. Independent Auditors' Report On The Audited Financial Results Of The Company For The Financial Year Ended 31St March, 2026, With Unmodified Opinion And The Declaration In This Regard Is Enclosed 3h
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Thursday, April 23Rd, 2026
3h - On Apr 23, 2026, board approved FY26 audited results, recommended 5% final dividend, and reappointed JMD Utsav Khaitan.
-
Board Meeting Intimation for Consideration And Adoption Of The Audited Accounts For The Financial Year Ended March 31, 2026 As Per Regulation 33 Of The SEBI (LODR) Regulations, 2015
20 Apr - Board meeting on 23 April 2026 to adopt audited FY2026 accounts; trading window closed from 1 April 2026.
Annual reports
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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
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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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
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Financial Year 2011
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.