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 ₹ 3,341 Cr.
- Current Price ₹ 68.1
- High / Low ₹ 89.7 / 38.2
- Stock P/E 7.29
- Book Value ₹ 51.8
- Dividend Yield 2.25 %
- ROCE 15.6 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
- Debtor days have improved from 65.3 to 50.8 days.
Cons
- Company has a low return on equity of 9.32% 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
Sector: Fertilizers Industry: Fertilizers
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
8,514 | 7,757 | 7,600 | 8,943 | 12,429 | 13,135 | 11,906 | 15,857 | 29,617 | |
8,130 | 7,197 | 7,041 | 8,404 | 11,417 | 12,283 | 11,001 | 15,478 | 28,545 | |
Operating Profit | 385 | 560 | 559 | 539 | 1,012 | 852 | 904 | 379 | 1,072 |
OPM % | 5% | 7% | 7% | 6% | 8% | 6% | 8% | 2% | 4% |
37 | 45 | 45 | 62 | 52 | -331 | 33 | 34 | 195 | |
Interest | 304 | 231 | 193 | 192 | 320 | 409 | 294 | 137 | 302 |
Depreciation | 73 | 87 | 85 | 73 | 285 | 374 | 312 | 335 | 353 |
Profit before tax | 45 | 287 | 325 | 335 | 459 | -263 | 331 | -58 | 612 |
Tax % | 41% | 31% | 36% | 36% | 36% | 31% | 28% | -63% | 25% |
Net Profit | 26 | 197 | 208 | 213 | 294 | -181 | 237 | -95 | 458 |
EPS in Rs | 0.53 | 4.02 | 4.24 | 4.34 | 5.99 | -3.69 | 4.83 | -1.94 | 9.34 |
Dividend Payout % | 32% | 30% | 0% | 0% | 31% | -26% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 31% |
TTM: | 87% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 33% |
TTM: | 572% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 37% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | |
Reserves | 990 | 1,199 | 1,334 | 1,495 | 1,720 | 1,412 | 1,650 | 1,556 | 2,051 |
7,645 | 6,124 | 4,135 | 3,061 | 6,464 | 8,103 | 1,892 | 3,172 | 3,992 | |
4,332 | 4,207 | 4,223 | 4,582 | 5,231 | 4,561 | 4,382 | 5,276 | 5,999 | |
Total Liabilities | 13,458 | 12,019 | 10,182 | 9,628 | 13,905 | 14,565 | 8,414 | 10,496 | 12,533 |
4,443 | 4,259 | 4,059 | 4,080 | 3,993 | 3,726 | 3,615 | 4,230 | 3,999 | |
CWIP | 39 | 33 | 51 | 64 | 133 | 656 | 862 | 138 | 147 |
Investments | 0 | 23 | 152 | 217 | 265 | 323 | 416 | 257 | 259 |
8,975 | 7,705 | 5,921 | 5,268 | 9,513 | 9,861 | 3,520 | 5,870 | 8,127 | |
Total Assets | 13,458 | 12,019 | 10,182 | 9,628 | 13,905 | 14,565 | 8,414 | 10,496 | 12,533 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
304 | 1,848 | 2,453 | 1,661 | -2,703 | -319 | 7,021 | -1,029 | -333 | |
-89 | -87 | -201 | -346 | -310 | -810 | -497 | -129 | -206 | |
-214 | -1,760 | -2,250 | -1,314 | 3,022 | 1,132 | -6,505 | 1,145 | 526 | |
Net Cash Flow | 1 | 2 | 1 | 1 | 9 | 3 | 20 | -14 | -13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 216 | 226 | 205 | 160 | 210 | 215 | 81 | 64 | 51 |
Inventory Days | 25 | 49 | 63 | 45 | 90 | 67 | 25 | 90 | 56 |
Days Payable | 15 | 31 | 44 | 42 | 35 | 47 | 42 | 58 | 32 |
Cash Conversion Cycle | 225 | 244 | 224 | 163 | 265 | 235 | 64 | 97 | 75 |
Working Capital Days | 244 | 232 | 181 | 147 | 208 | 212 | 42 | 62 | 50 |
ROCE % | 6% | 8% | 9% | 11% | 6% | 9% | 2% | 16% |
Documents
Announcements
- Disclosure Of Related Party Transactions For The Period Ended 31.03.2023 As per Regulation 23(9) Of SEBI (LODR) Regulations, 2015 ('Listing Regulations'). 29 May
- Announcement under Regulation 30 (LODR)-Date of payment of Dividend 29 May
- Outcome Of Board Meeting Held On 29.05.2023: (I) Declaration Of Interim Dividend For The Financial Year 2022-23 And Intimation Of Record Date. (Ii) Audited Annual Accounts For The Financial Year 2022-23. 29 May
- Corporate Action-Board approves Dividend 29 May
- Outcome Of Board Meeting Held On 29.05.2023: (I) Declaration Of Interim Dividend For The Financial Year 2022-23 And Intimation Of Record Date. (Ii) Audited Annual Accounts For The Financial Year 2022-23. 29 May
Annual reports
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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
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
Concalls
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Oct 2016TranscriptNotesPPT
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]