Navratna stock engaged in the production and marketing of Neem Coated Urea, Bio-Fertilizers, and other allied Industrial products in focus following plans of setting up a new fertilizer & allied products plant at a cost of Rs. 208 Crores for expansion purposes.
Price action
With a market capitalization of Rs. 5,014 Crores, the shares of National Fertilizers Limited were trading at Rs. 102.20 per equity share, down 4.88 percent from its previous day’s close price of Rs. 107.60.
What Happened
The Board of Directors of National Fertilizers Limited has considered and approved the setting up of a Water Soluble Fertilizers (WSF) & Micro Nutrients (MN) Production Plant at NFL, Vijaipur for an estimated cost of ~Rs. 208 Crores and Closure of Nano Urea (Liquid) plant at NFL, Nangal.
About the Company
National Fertilizers Limited is engaged in the production and marketing of Neem Coated Urea, Bio-Fertilizers and other allied Industrial products, along with trading of Imported and Domestic Fertilizers, Compost, Seeds and other Agro products.
Financials & Ratios
Its Revenue from operations grew by 0.86 percent YoY from Rs. 5,048.20 Crores in Q1FY24 to Rs. 5,091.78 Crores in Q1FY25, accompanied by losses of Rs. 121.43 Crores to Rs. 8.69 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 5.58 percent and a return on capital employed (ROCE) of 6.70 percent. It has reported a debt-to-equity ratio of 1.60.
Written by: Bharath K.S
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