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Rashtriya Chemicals and Fertilizers Limited

Rashtriya Chemicals and Fertilizers Limited

RCF.BO
Rashtriya Chemicals and Fertilizers LimitedIN flagBombay Stock Exchange
130.50
INR
-2.60
- -
71.93BMarket Cap
Rashtriya Chemicals and Fertilizers Limited
RCF.BO
(Bombay Stock Exchange)

Recent

price

130.50

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
100.14
61.58
66.9
59.25
68.65
63.38
56.32
55.3
62.03
66.58
68.49
96.33
141.68
116.45
306.61
335.06
335.32
Revenue per Share
4.44
4.51
4.95
4.37
6.27
3.06
3.25
1.43
2.41
3.75
6.96
12.73
17.52
4.08
4.39
7.75
7.76
Basic EPS, GAAP
9.57
-8.95
-13.28
1.68
0.08
-16.3
25.51
10.46
-35.15
-17.18
90
-13.81
7.29
-16.4
27.82
-28.04
- -
Free Cash Flow per Basic Share
1.28
1.28
1.63
1.75
1.75
2.16
1.32
1.32
0.72
0.93
4.04
3.12
4.1
3.69
1.24
2.32
- -
Dividend per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
9.99
10
10.01
Book Value per Share
36.42
39.28
42.49
45.08
50.01
50.96
52.96
53.08
54.88
57.74
60.69
70.33
83.19
83.48
85.91
92.78
92.85
Tangible Book Value per Share
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
552
551
Basic Weighted Avg Shares
55,244
33,970
36,910
32,688
37,871
34,966
31,069
30,508
34,221
36,732
37,786
53,142
78,165
64,243
169,336
184,802
184,802
Sales/Revenue/Turnover
6.65
10.74
12.06
15.52
15.94
9.65
8.64
4.48
9.22
11.45
15.38
15.53
17.76
4.78
2.43
3.51
3.51
Operating Margin (%)
1,132
1,435
1,760
1,448
2,712
1,478
1,413
1,372
1,560
1,714
1,754
1,838
2,066
2,276
2,635
2,926
2,917
Depreciation Expense
2,447
2,488
2,728
2,411
3,458
1,691
1,792
788
1,329
2,071
3,841
7,024
9,663
2,253
2,424
4,274
4,274
Net Income, GAAP
30.93
33.48
26.67
32.75
35.17
35.39
27.93
38.54
41.96
- -
27.55
25.43
24.1
25.2
26.15
29.86
29.86
Effective Tax Rate (%)
4.43
7.32
7.39
7.38
9.13
4.84
5.77
2.58
3.88
5.64
10.16
13.22
12.36
3.51
1.43
2.31
2.31
Profit Margin (%)
10,307
10,756
11,954
13,787
16,956
14,803
16,074
15,418
16,058
14,144
16,519
17,078
20,661
17,365
12,315
15,201
15,201
Working Capital
1,990
3,055
2,589
3,730
3,731
1,522
1,138
3,201
4,251
6,104
10,522
11,279
10,442
9,484
9,295
17,519
17,519
LT Debt
20,105
21,696
23,457
24,900
27,641
28,169
29,250
29,297
30,285
31,882
33,513
38,819
45,901
46,057
47,453
51,212
51,212
Total Equity
8.97
8.19
8.6
8.11
8.65
4.12
3.67
1.86
3.39
- -
6.2
9.92
15.7
3.19
3.94
5.42
5.42
Return on Invested Capital (%)
13.95
19.84
16.4
13.44
16.75
7.58
8.15
5.49
7.38
- -
12.73
25.52
36.95
11.57
12
15.84
15.84
Return on Capital (%)
20.5
45.1
49.45
43.71
62.67
30.65
32.49
14.29
24.09
37.54
69.62
127.32
175.15
40.83
43.95
77.48
77.48
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
11,798
- -
23,761
LT Borrowings
15,891
- -
17,422
LT Finance Leases
91
- -
97
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
552
- -
552
Market Capitalization
80,475
80,599
58,832

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
77,020
- -
107,264
Cash, Cash Equivalents & STI
19,092
- -
39,221
Accounts Receivable, Net
26,800
- -
46,903
Inventories
24,378
- -
15,974
Total Current Liabilities
62,081
- -
92,063
Payables & Accruals
- -
- -
- -
ST Debt
11,798
- -
23,761
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.31%
9.07%
7.92%
Free Cash Flow
-248.99%
-212.7%
-200.67%
Net Income, GAAP
28.76%
25.54%
76.3%
Sales/Revenue/Turnover
25.21%
48.53%
9.13%
Total Cash Common Dividend
29.89%
3.93%
87.3%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,430
41,552
49,035
-66,774
64,243
2025
43,961
42,896
45,184
37,297
169,336
2026
33,706
52,926
42,364
55,806
184,802

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.23
0.92
0.2
- -
4.08
2025
0.2
1.43
1.45
1.31
4.39
2026
0.99
1.91
1.47
3.38
7.75

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.69
2025
- -
- -
- -
- -
1.24
2026
- -
- -
- -
- -
2.32
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Business
Rashtriya Chemicals and Fertilizers Limited (RCF) manufactures and markets fertilizers and industrial chemicals in India. The company produces a range of fertilizers including neem-coated urea, complex NPK fertilizers such as Suphala 15:15:15, bio-fertilizers like Biola, 100% water-soluble fertilizers under the Sujala brand, and micronutrient fertilizers like Microla; it also offers industrial chemicals comprising ammonium nitrate melt, ammonia, ammonium bicarbonate, dilute and concentrated nitric acid, sulphuric acid, methylamines, methanol, sodium nitrate, sodium nitrite, dimethyl formamide, dimethyl acetamide, formic acid, argon, nitrogen, gypsum and phosphoric acid. RCF operates manufacturing facilities at Trombay and Thal in Maharashtra, provides soil testing and farmer training services, and publishes RCF Sheti Patrika for farmers; it serves domestic agricultural and industrial markets primarily in India. Founded in 1978 through the reorganization of Fertilizer Corporation of India and headquartered in Mumbai, the company functions as a central public sector undertaking under the Ministry of Chemicals and Fertilizers, with the Government of India holding a 75% stake. In recent developments, RCF awarded a Rs 1,000.27 crore lump-sum turn-key contract to Larsen & Toubro in October 2024 for a 1,200 MTPD complex fertilizer plant at Thal, scheduled for completion in 27 months; it also contracted Topsoe in July 2024 for Rs 514.6 crore ammonia plant modernization at Thal to boost energy efficiency over 36 months. In November 2025, the board approved Q2/H1 FY2026 results showing H1 PAT of Rs 159.81 crore, and Ms. Nazhat J. Shaikh, Director (Finance), assumed additional charge of Chairman and Managing Director effective January 1, 2026, for six months.