Nagarjuna Fertilizers & Chemicals Ltd

Nagarjuna Fertilizers & Chemicals Ltd

₹ 10.3 -0.39%
19 Apr 1:50 p.m.
About

Nagarjuna Fertilizers & Chemicals Ltd is principally engaged in the business of manufacturing and marketing Fertilisers, Micro Irrigation Equipments and Agri Informatic Services. [1]

Key Points

Products & Services
Urea: The company manufactures Urea. It is the chief nitrogenous end product of the metabolic breakdown of proteins in all mammals and some fishes.
Anhydrous Ammonia: The company manufactures Anhydrous ammonia. It is a liquid or gaseous chemical compound Used for fertiliser, explosives, herbicides and insecticides.
Other products: The company also offers irrigation solutions, Diammonium Phosphate, Speciality Fertilisers, etc. [1]

  • Market Cap 614 Cr.
  • Current Price 10.3
  • High / Low 15.8 / 7.81
  • Stock P/E
  • Book Value -50.2
  • Dividend Yield 0.00 %
  • ROCE -56.5 %
  • ROE %
  • Face Value 1.00

Pros

  • Debtor days have improved from 45.8 to 25.7 days.

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.638 Cr.
  • Promoters have pledged 86.6% of their holding.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
430 401 644 695 575 779 1,493 2,070 1,245 835 1,074 1,324 1,208
418 506 684 731 629 839 1,531 2,090 1,084 1,534 1,757 1,334 1,241
Operating Profit 12 -105 -40 -35 -54 -60 -38 -20 161 -698 -683 -10 -33
OPM % 3% -26% -6% -5% -9% -8% -3% -1% 13% -84% -64% -1% -3%
4 10 -89 2 2 26 12 6 2 44 1 10 1
Interest 89 84 87 94 95 92 103 154 152 117 115 120 110
Depreciation 21 20 21 21 21 20 20 21 19 19 12 12 12
Profit before tax -94 -200 -237 -148 -169 -147 -149 -189 -8 -791 -810 -133 -154
Tax % 8% -10% 2% 4% 11% 1% 4% 3% 76% 28% 1% 3% 3%
-86 -219 -232 -142 -150 -146 -142 -183 -2 -573 -805 -129 -150
EPS in Rs -1.44 -3.66 -3.87 -2.38 -2.52 -2.43 -2.38 -3.05 -0.03 -9.58 -13.47 -2.16 -2.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
4,992 5,485 3,448 2,532 3,970 3,376 3,921 1,940 1,705 1,575 2,692 5,642 4,441
4,520 4,967 3,192 2,474 3,705 3,155 3,593 2,075 1,828 1,676 2,882 6,238 5,866
Operating Profit 472 517 256 58 265 221 328 -135 -124 -101 -190 -595 -1,425
OPM % 9% 9% 7% 2% 7% 7% 8% -7% -7% -6% -7% -11% -32%
29 32 -178 -90 30 35 43 4 29 -122 -60 63 56
Interest 153 264 282 236 329 325 308 308 329 348 369 526 462
Depreciation 117 123 126 93 93 89 89 89 82 82 82 79 56
Profit before tax 231 162 -330 -362 -127 -158 -27 -527 -506 -653 -701 -1,137 -1,888
Tax % 41% 50% 27% -1% 27% 23% 19% 7% 7% 6% 4% 21%
136 81 -239 -367 -93 -122 -22 -491 -472 -615 -670 -900 -1,658
EPS in Rs 2.27 1.36 -4.00 -6.13 -1.55 -2.04 -0.36 -8.21 -7.90 -10.29 -11.20 -15.05 -27.72
Dividend Payout % 44% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: 8%
3 Years: 49%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -54%
TTM: -251%
Stock Price CAGR
10 Years: %
5 Years: 9%
3 Years: 24%
1 Year: -21%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 60 60 60 60 60 60 60 60 60 60 60 60 60
Reserves 2,239 2,320 2,087 1,646 1,154 1,033 1,013 523 54 -562 -1,231 -2,128 -3,063
2,222 3,034 1,580 1,339 1,746 1,719 1,608 1,705 1,743 2,324 2,561 2,842 3,004
1,036 842 1,199 1,249 2,247 1,483 2,010 1,436 2,162 849 1,368 1,169 1,172
Total Liabilities 5,557 6,257 4,925 4,294 5,207 4,294 4,692 3,724 4,019 2,670 2,757 1,942 1,173
3,207 3,106 3,022 2,862 2,782 2,658 2,578 2,480 2,398 2,188 2,106 1,353 694
CWIP 1 6 30 3 7 8 22 28 28 4 0 0 0
Investments 53 53 53 26 18 18 18 13 0 0 0 0 0
2,296 3,091 1,820 1,403 2,400 1,611 2,073 1,202 1,592 478 650 589 479
Total Assets 5,557 6,257 4,925 4,294 5,207 4,294 4,692 3,724 4,019 2,670 2,757 1,942 1,173

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
412 628 294 432 -48 360 423 254 68 124 65 242
-41 -84 60 -39 -40 48 -32 -44 -1 46 19 -1
-283 -544 -464 -425 117 -392 -527 -307 -104 -139 -183 -320
Net Cash Flow 88 -0 -111 -32 28 17 -135 -97 -36 31 -99 -79

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 127 162 141 154 183 129 158 156 263 46 66 26
Inventory Days 24 23 42 38 42 49 29 38 50 23 13 9
Days Payable 64 39 148 234 301 219 288 278 619 211 276 137
Cash Conversion Cycle 86 147 35 -42 -77 -41 -102 -84 -307 -142 -197 -102
Working Capital Days 76 131 62 7 41 35 26 -62 -119 -30 -61 -35
ROCE % 17% 9% 4% 0% 7% 6% 10% -8% -9% -9% -15% -57%

Shareholding Pattern

Numbers in percentages

16 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 57.13% 56.99%
0.06% 0.05% 0.05% 0.15% 0.23% 0.02% 0.03% 0.02% 0.03% 0.05% 0.06% 0.18%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.08% 0.06%
42.75% 42.75% 42.76% 42.66% 42.58% 42.77% 42.79% 42.79% 42.78% 42.76% 42.73% 42.77%
No. of Shareholders 2,97,9492,96,7712,98,7583,01,0053,02,4733,02,0513,05,2702,97,0632,95,0113,01,5693,05,6403,16,380

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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