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Madras Fertilizers Limited

Madras Fertilizers Limited

MADRASFERT.NS
Madras Fertilizers LimitedIN flagNational Stock Exchange of India
68.82
INR
-1.51
- -
11.09BMarket Cap
Madras Fertilizers Limited
MADRASFERT.NS
(National Stock Exchange of India)

Recent

price

68.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
100.73
137.04
145.64
160.98
105.64
74.59
18.18
23.96
17.7
20.81
23.69
21.02
19.11
15.13
157.8
- -
143.59
Revenue per Share
10.54
6.95
1.52
6.21
-8.36
-11.77
0.22
-2.78
-8.06
-7.78
0.18
10.08
11.5
0.35
3.99
- -
5.02
Basic EPS, GAAP
12.7
5.31
-1.76
-7.14
-4.32
-2.13
13.07
-9.59
-2.76
0.7
29.37
-20.13
42
8.9
6.26
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-28.25
-21.29
-19.78
-13.57
-22.04
-27.67
-27.3
-31.31
-36.48
-57.2
-56.48
-46.35
-34.76
-34.41
-30.44
- -
10.12
Book Value per Share
-27.48
-20.61
-19.01
-12.8
-21.27
-26.9
-26.53
-30.54
-36.06
-45.29
-43.15
-31.37
-17.92
-12.05
-2.4
- -
5.39
Tangible Book Value per Share
161
161
161
161
161
161
162
161
161
161
161
161
161
161
161
- -
160
Basic Weighted Avg Shares
16,228
22,078
23,463
25,935
17,019
12,016
2,947
3,860
2,852
3,352
3,817
3,386
3,078
2,437
25,411
23,004
23,006
Sales/Revenue/Turnover
6.18
7.56
4.03
7.16
-3.11
-1.52
20.01
7.86
-5.93
-8.41
26.66
75.21
104.97
45.73
4.33
4.19
4.2
Operating Margin (%)
412
403
417
424
176
182
214
220
230
316
311
95
96
103
116
135
135
Depreciation Expense
1,699
1,120
244
1,000
-1,347
-1,895
35
-448
-1,298
-1,253
29
1,624
1,853
56
642
804
804
Net Income, GAAP
- -
- -
- -
5.44
- -
- -
- -
- -
- -
- -
- -
2.39
25.47
53.2
29.86
21.4
21.4
Effective Tax Rate (%)
10.47
5.07
1.04
3.86
-7.91
-15.77
1.2
-11.61
-45.52
-37.36
0.75
47.95
60.21
2.28
2.53
3.5
3.5
Profit Margin (%)
-389
-2,705
-2,842
-1,874
-3,447
-5,895
-6,336
-7,037
-8,623
-10,561
-10,629
-9,056
-7,400
-7,550
-6,794
-6,061
-6,061
Working Capital
6,515
3,077
2,619
2,292
1,965
1,661
1,360
1,069
816
532
269
90
- -
- -
- -
- -
- -
LT Debt
-4,427
-3,307
-3,062
-2,062
-3,426
-4,334
-4,301
-4,920
-5,809
-7,296
-6,952
-5,054
-2,871
-1,897
-323
920
920
Total Equity
34.52
- -
-1,164.45
135.64
- -
- -
6.53
- -
- -
- -
11.64
26.11
19.82
4.02
5.23
6.63
6.65
Return on Invested Capital (%)
80.93
141.77
-477.83
151.03
- -
- -
7.37
- -
- -
- -
13.86
33.57
25.13
3.65
10.13
13.33
13.35
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
48.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
5,842
- -
6,342
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
161
- -
161
Market Capitalization
13,446
12,758
8,501

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
10,041
- -
14,891
Cash, Cash Equivalents & STI
6,448
- -
6,700
Accounts Receivable, Net
11
- -
4,723
Inventories
1,658
- -
1,672
Total Current Liabilities
19,255
- -
20,951
Payables & Accruals
- -
- -
- -
ST Debt
5,842
- -
6,342
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-51.95%
-114.42%
-384.74%
Free Cash Flow
228.47%
-142.21%
-125.32%
Net Income, GAAP
517.16%
1,311.08%
25.17%
Sales/Revenue/Turnover
85.27%
178.38%
-9.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,286
3,852
5,560
-12,262
2,437
2025
6,552
5,322
7,992
5,545
25,411
2026
6,724
5,104
4,187
6,992
23,004

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.14
0.21
-3.21
- -
0.35
2025
2.51
0.1
4.63
-3.26
3.99
2026
2.74
0.8
0.16
1.3
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Madras Fertilizers Limited Madras Fertilizers Limited (MADRASFERT.NS) manufactures ammonia, urea, complex fertilizers including NPK complexes, and bio-fertilizers at its integrated plant facilities in Manali, near Chennai, India. The company, founded in 1966 as a joint venture between the Government of India and AMOCO India with subsequent participation from the National Iranian Oil Company, operates on 329 acres of freehold land and maintains headquarters in Manali, Chennai; its ownership comprises 59.50% by the Government of India, 25.77% by Naftiran Intertrade Co Ltd (an affiliate of NIOC), and 14.73% public holding. Core products encompass chemical fertilizers such as ammonia (installed capacity 346,500 MT), urea (486,750 MT), and NPK complexes (280,000 MT across three streams); bio-fertilizers (400 MT); and traded eco-friendly agro chemicals, organic manure, and city compost under the Vijay brand; the company markets these nationwide through regional offices, emphasizing balanced fertilizer application, neem-based products, and promotional programs for farmers. Recent developments include successful completion of feedstock conversion from naphtha to RLNG in 2019 for cost efficiency; ongoing current projects such as replacement of high-energy turbines with high-efficiency models; and future initiatives like energy reduction schemes in the ammonia plant, pre-feasibility studies for a new greenfield ammonia-urea complex (2,200 MTPD ammonia and 3,500 MTPD urea), NPK new train construction, desalination plant feasibility for seawater, and a new urea prill tower erection. In fiscal 2025, the company reported quarterly profits including 129.5 million rupees for September and stronger December results, alongside plant shutdowns for annual turnaround activities.