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 ₹ 4,766 Cr.
- Current Price ₹ 97.2
- High / Low ₹ 130 / 65.0
- Stock P/E
- Book Value ₹ 48.5
- Dividend Yield 2.87 %
- ROCE 15.0 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 65.4 to 50.8 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.9% over last 3 years.
- Earnings include an other income of Rs.204 Cr.
- Company's cost of borrowing seems high
* 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
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7,303 | 6,718 | 8,012 | 8,514 | 7,757 | 7,600 | 8,943 | 12,429 | 13,135 | 11,906 | 15,857 | 29,617 | 24,557 | |
6,996 | 6,678 | 7,874 | 8,130 | 7,197 | 7,041 | 8,404 | 11,412 | 12,273 | 10,989 | 15,266 | 28,539 | 24,638 | |
Operating Profit | 307 | 40 | 137 | 385 | 560 | 559 | 539 | 1,017 | 862 | 917 | 591 | 1,078 | -82 |
OPM % | 4% | 1% | 2% | 5% | 7% | 7% | 6% | 8% | 7% | 8% | 4% | 4% | -0% |
38 | -21 | 37 | 37 | 47 | 45 | 62 | 52 | -331 | 33 | 26 | 193 | 204 | |
Interest | 70 | 132 | 207 | 304 | 231 | 193 | 192 | 320 | 409 | 294 | 137 | 308 | 277 |
Depreciation | 91 | 118 | 129 | 73 | 87 | 85 | 73 | 285 | 374 | 312 | 335 | 353 | 359 |
Profit before tax | 184 | -231 | -161 | 45 | 288 | 325 | 335 | 463 | -253 | 343 | 145 | 610 | -513 |
Tax % | 31% | 26% | 44% | 41% | 31% | 36% | 36% | 36% | 32% | 27% | 25% | 25% | |
127 | -171 | -90 | 26 | 199 | 208 | 213 | 298 | -171 | 250 | 108 | 456 | -386 | |
EPS in Rs | 2.58 | -3.48 | -1.83 | 0.53 | 4.05 | 4.24 | 4.34 | 6.08 | -3.49 | 5.09 | 2.21 | 9.30 | -7.87 |
Dividend Payout % | 30% | 0% | 0% | 32% | 30% | 0% | 0% | 31% | -27% | 0% | 0% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 27% |
3 Years: | 31% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 27% |
TTM: | -150% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 23% |
3 Years: | 23% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 18% |
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 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 | 491 |
Reserves | 1,264 | 1,093 | 1,003 | 990 | 1,200 | 1,336 | 1,497 | 1,728 | 1,430 | 1,681 | 1,824 | 2,283 | 1,891 |
2,985 | 5,615 | 7,558 | 7,645 | 6,124 | 4,135 | 3,061 | 6,464 | 8,103 | 1,892 | 3,172 | 3,992 | 1,203 | |
1,672 | 3,888 | 4,702 | 4,332 | 4,207 | 4,223 | 4,582 | 5,231 | 4,561 | 4,382 | 5,244 | 6,002 | 7,136 | |
Total Liabilities | 6,411 | 11,087 | 13,754 | 13,458 | 12,021 | 10,184 | 9,630 | 13,914 | 14,584 | 8,445 | 10,730 | 12,768 | 10,721 |
550 | 3,501 | 4,682 | 4,443 | 4,259 | 4,059 | 4,080 | 3,993 | 3,726 | 3,615 | 4,230 | 3,969 | 3,971 | |
CWIP | 2,653 | 1,358 | 14 | 39 | 33 | 51 | 64 | 133 | 656 | 862 | 138 | 178 | 186 |
Investments | 0 | 0 | 0 | 2 | 15 | 125 | 219 | 274 | 342 | 448 | 491 | 491 | 491 |
3,208 | 6,228 | 9,058 | 8,973 | 7,714 | 5,949 | 5,268 | 9,513 | 9,861 | 3,520 | 5,870 | 8,130 | 6,073 | |
Total Assets | 6,411 | 11,087 | 13,754 | 13,458 | 12,021 | 10,184 | 9,630 | 13,914 | 14,584 | 8,445 | 10,730 | 12,768 | 10,721 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-118 | -678 | -1,608 | 304 | 1,850 | 2,453 | 1,661 | -2,699 | -309 | 7,034 | -826 | -335 | |
-2,166 | -1,774 | -133 | -89 | -88 | -202 | -346 | -314 | -820 | -509 | -333 | -204 | |
2,257 | 2,455 | 1,739 | -214 | -1,760 | -2,250 | -1,314 | 3,022 | 1,132 | -6,505 | 1,145 | 526 | |
Net Cash Flow | -27 | 3 | -2 | 1 | 2 | 1 | 1 | 9 | 3 | 20 | -14 | -13 |
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 | 121 | 171 | 211 | 216 | 226 | 205 | 160 | 210 | 215 | 81 | 65 | 51 |
Inventory Days | 43 | 37 | 34 | 25 | 48 | 63 | 45 | 90 | 67 | 25 | 90 | 57 |
Days Payable | 37 | 30 | 30 | 15 | 31 | 44 | 42 | 35 | 47 | 42 | 58 | 33 |
Cash Conversion Cycle | 128 | 178 | 216 | 225 | 244 | 224 | 163 | 265 | 235 | 64 | 97 | 75 |
Working Capital Days | 85 | 119 | 221 | 244 | 232 | 181 | 147 | 208 | 212 | 42 | 62 | 50 |
ROCE % | 7% | -1% | 1% | 4% | 6% | 8% | 9% | 11% | 6% | 9% | 6% | 15% |
Documents
Announcements
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Upgradation Of National Fertilizers Limited (NFL) To Navratna Status. 7h
- Announcement under Regulation 30 (LODR)-Credit Rating 16 Apr
- Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ending 31St March, 2024. 10 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ending On 31.03.2024. 9 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories & Participants ) Regulations, 2018 for the quarter ended 31st March, 2024.
Annual reports
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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
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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]