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 ₹ 3,422 Cr.
- Current Price ₹ 69.7
- High / Low ₹ 89.7 / 46.9
- Stock P/E 17.1
- Book Value ₹ 56.5
- Dividend Yield 4.00 %
- ROCE 15.0 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Stock is providing a good dividend yield of 4.00%.
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
- 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.
- Contingent liabilities of Rs.1,403 Cr.
* 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 | 28,213 | |
6,996 | 6,678 | 7,874 | 8,130 | 7,197 | 7,041 | 8,404 | 11,412 | 12,273 | 10,989 | 15,266 | 28,539 | 27,431 | |
Operating Profit | 307 | 40 | 137 | 385 | 560 | 559 | 539 | 1,017 | 862 | 917 | 591 | 1,078 | 782 |
OPM % | 4% | 1% | 2% | 5% | 7% | 7% | 6% | 8% | 7% | 8% | 4% | 4% | 3% |
38 | -21 | 37 | 37 | 47 | 45 | 62 | 52 | -331 | 33 | 26 | 193 | 193 | |
Interest | 70 | 132 | 207 | 304 | 231 | 193 | 192 | 320 | 409 | 294 | 137 | 308 | 355 |
Depreciation | 91 | 118 | 129 | 73 | 87 | 85 | 73 | 285 | 374 | 312 | 335 | 353 | 353 |
Profit before tax | 184 | -231 | -161 | 45 | 288 | 325 | 335 | 463 | -253 | 343 | 145 | 610 | 268 |
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 | 201 | |
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 | 4.09 |
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: | 43% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 27% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 28% |
1 Year: | 46% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
2,985 | 5,615 | 7,558 | 7,645 | 6,124 | 4,135 | 3,061 | 6,464 | 8,103 | 1,892 | 3,172 | 3,992 | |
1,672 | 3,888 | 4,702 | 4,332 | 4,207 | 4,223 | 4,582 | 5,231 | 4,561 | 4,382 | 5,244 | 6,002 | |
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 |
550 | 3,501 | 4,682 | 4,443 | 4,259 | 4,059 | 4,080 | 3,993 | 3,726 | 3,615 | 4,230 | 3,969 | |
CWIP | 2,653 | 1,358 | 14 | 39 | 33 | 51 | 64 | 133 | 656 | 862 | 138 | 178 |
Investments | 0 | 0 | 0 | 2 | 15 | 125 | 219 | 274 | 342 | 448 | 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 | |
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 |
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
Annual reports
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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
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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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]