Nagarjuna Fertilizers & Chemicals Ltd

Nagarjuna Fertilizers & Chemicals Ltd

₹ 13.7 -3.87%
21 Jun - close price
About

Incorporated in 2006, Nagarjuna Fertilizers
and Chemicals Ltd manufactures and markets Fertilizers, Micro Irrigation Equipments and Agri Informatic Services[1]

Key Points

Business Overview:[1]
NFCL is a flagship company of the Nagarjuna Group. Andhra Pradesh State Government and FIIs are the major shareholders of the company. It is an ISO 9001:2000 certified manufacturer and supplier of plant nutrients in India. Besides manufacturing, NFCL trades Urea (Government Pool Urea), Specialty Fertilizers, and Agriinputs [viz. Muriate of Potash (MOP), Diammonium Phosphate
(DAP), NPK etc. Company also deals in the micro irrigation business and PVC pipe manufacturing.

  • Market Cap 818 Cr.
  • Current Price 13.7
  • High / Low 15.8 / 7.81
  • Stock P/E
  • Book Value -50.2
  • Dividend Yield 0.00 %
  • ROCE -106 %
  • ROE %
  • Face Value 1.00

Pros

  • Debtor days have improved from 40.6 to 30.4 days.

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.638 Cr.
  • Promoters have pledged 86.9% 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
401 644 695 575 779 1,493 2,070 1,245 835 1,074 1,324 1,208 1,160
506 684 731 629 839 1,531 2,090 1,084 1,534 1,757 1,334 1,241 1,224
Operating Profit -105 -40 -35 -54 -60 -38 -20 161 -698 -683 -10 -33 -64
OPM % -26% -6% -5% -9% -8% -3% -1% 13% -84% -64% -1% -3% -6%
10 -89 2 2 8 12 6 2 44 1 10 1 10
Interest 84 87 94 95 93 103 154 152 117 115 120 110 134
Depreciation 20 21 21 21 20 20 21 19 19 12 12 12 12
Profit before tax -200 -237 -148 -169 -166 -149 -189 -8 -791 -810 -133 -154 -201
Tax % -10% 2% 4% 11% 1% 4% 3% 75% 28% 1% 3% 3% 1%
-219 -232 -142 -150 -165 -142 -183 -2 -573 -805 -129 -150 -199
EPS in Rs -3.66 -3.87 -2.38 -2.52 -2.75 -2.38 -3.05 -0.03 -9.58 -13.47 -2.16 -2.51 -3.33
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5,485 3,448 2,532 3,978 3,376 3,921 1,940 1,705 1,575 2,692 5,642 4,765
4,967 3,192 2,474 3,705 3,155 3,593 2,070 1,815 1,676 2,882 6,238 5,556
Operating Profit 517 256 58 273 221 328 -130 -110 -101 -190 -595 -791
OPM % 9% 7% 2% 7% 7% 8% -7% -6% -6% -7% -11% -17%
35 -174 -115 26 35 43 5 29 -122 -78 63 22
Interest 264 282 236 329 325 308 308 329 348 370 526 479
Depreciation 123 126 94 93 89 89 89 82 82 82 79 50
Profit before tax 165 -326 -387 -123 -158 -27 -522 -492 -653 -720 -1,137 -1,298
Tax % 49% 28% -1% 27% 23% 19% 7% 7% 6% 4% 21% 1%
84 -236 -392 -89 -122 -22 -486 -459 -615 -689 -900 -1,284
EPS in Rs 1.40 -3.94 -6.55 -1.49 -2.04 -0.36 -8.13 -7.67 -10.29 -11.52 -15.05 -21.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 20%
3 Years: 45%
TTM: -16%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -43%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 11%
1 Year: 40%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves 2,326 2,103 1,642 1,154 1,033 1,013 527 72 -544 -1,232 -2,130 -3,063
3,034 1,580 1,339 1,746 1,719 1,608 1,705 1,743 1,702 2,561 2,842 3,004
843 1,199 1,250 2,247 1,483 2,010 1,437 2,163 1,465 1,369 1,170 1,172
Total Liabilities 6,263 4,942 4,291 5,207 4,295 4,692 3,728 4,037 2,682 2,757 1,942 1,173
3,106 3,022 2,866 2,782 2,658 2,578 2,480 2,398 2,188 2,106 1,353 694
CWIP 6 30 3 7 8 22 28 28 4 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
3,150 1,890 1,422 2,418 1,629 2,091 1,220 1,610 490 651 589 479
Total Assets 6,263 4,942 4,291 5,207 4,295 4,692 3,728 4,037 2,682 2,757 1,942 1,173

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
628 286 431 -48 360 423 200 68 123 65 242 45
-84 68 -38 -40 49 -32 -44 -1 66 19 -1 8
-544 -464 -425 117 -392 -527 -253 -104 -139 -183 -320 -147
Net Cash Flow -0 -110 -32 28 17 -135 -97 -36 51 -99 -78 -95

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 162 141 154 183 129 158 156 263 46 66 26
Inventory Days 24 43 37 41 49 29 38 50 23 13 9
Days Payable 39 152 229 300 219 288 278 619 211 276 137
Cash Conversion Cycle 146 33 -37 -76 -41 -102 -84 -307 -142 -197 -102
Working Capital Days 134 67 7 41 35 26 -62 -119 -197 -61 -35
ROCE % 9% 4% 0% 7% 6% 10% -8% -8% -10% -19% -57%

Shareholding Pattern

Numbers in percentages

14 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% 42.76%
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.

Click on the line-items to see the names of individual entities.

Documents