1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: agricultural
Madras Fertilizers Ltd

Madras Fertilizers Ltd

54.24
INR
-1.87
(-3.33%)
4.43EPS
15.23P/E
10.85BMarket Cap
Madras Fertilizers Ltd
NSE:MADRASFERT
(National Stock Exchange of India)

Recent

price

54.24

P/E

ratio

15.23

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
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
23.78
24.23
152.42
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
4.99
4.43
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
-1.58
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-27.48
-20.53
-18.77
-12.8
-21.27
-26.9
-26.7
-30.54
-36.06
-45.29
-43.15
-31.37
-17.82
-11.78
-2
5.71
- -
Book Value per Share
-27.48
-20.61
-18.77
-12.8
-21.27
-26.9
-26.7
-30.54
-36.06
-45.29
-43.15
-31.37
-17.92
-12.05
-2.4
5.36
- -
Tangible Book Value per Share
161
161
161
161
161
161
162
161
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
3,353
3,817
3,386
3,078
2,437
3,830
3,903
24,423
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
89.49
105.54
45.73
34.31
28.54
3.43
Operating Margin (%)
412
403
417
424
176
182
214
220
230
316
311
95
96
103
116
135
141
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
643
804
710
Net Income, GAAP
- -
- -
- -
5.44
- -
- -
- -
- -
- -
- -
- -
2.39
25.47
53.2
29.86
21.4
20.74
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
16.77
20.6
2.91
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
-6,788
-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
- -
Total Equity
58.51
- -
-285.36
77.26
- -
- -
-2.58
- -
- -
- -
11.59
26.32
19.84
1.96
8.16
11.95
- -
Return on Invested Capital (%)
77.47
128.63
-1,206.03
136.58
- -
- -
7.27
- -
- -
- -
10.65
25.57
19.83
2.75
10.61
18.63
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,342
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
161
161
161
Market Capitalization
12,825
8,548
10,847

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
14,891
- -
Cash, Cash Equivalents & STI
- -
6,419
- -
Accounts Receivable, Net
- -
4,723
- -
Inventories
- -
1,672
- -
Total Current Liabilities
- -
20,951
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,342
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
-2.13%
3.57%
1.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,552
5,322
7,992
5,545
3,830
2026
6,721
5,104
4,187
6,992
3,903
2027
8,140
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.51
0.1
4.63
-3.26
3.99
2026
2.74
0.8
0.16
1.3
4.99
2027
2.15
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Similar Companies
UPL Limited (NSE:UPL)
Mosaic Company (The) (NYSE:MOS)
CF Industries Holdings, Inc. (NYSE:CF)
PhosAgro (MOEX:PHOR)
Abou Kir Fertilizers & Chemical Industries Co. (EGX:ABUK)
Misr Fertilizers Production Company MOPCO (EGX:MFPC)
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.