The shares of fertilizer company, specializing in the business of manufacturing and marketing of fertilizers, micro irrigation equipment, and Agri informatic services, hit a 5 percent upper circuit following their promoter Amlika Mercantile Private Limited stake sale.
Price action
With a market capitalization of Rs. 297.24 crores on Friday, the shares of Nagarjuna Fertilizers and Chemicals Ltdhit a 5 percent upper circuit, making a high of Rs. 5.14 per share compared to its previous closing price of Rs. 4.90 per share.
What Happened
Nagarjuna Fertilizers and Chemicals Ltd, in the business of manufacturing and marketing fertilizers, micro irrigation equipment, and Agri informatic services, recently experienced a block deal and Share Purchase Agreement, in which its promoter Amlika Mercantile Private Limited sold 27,17,72,140 equity shares at Rs. 4.31 apiece on March 28.
In which Agri Vestors Private Limited (AVPL) acquired 27,17,72,140 shares (45.44 percent) of Nagarjuna Fertilizers and Chemicals Limited on March 28, 2025, through an inter-se transfer from promoter Amlika Mercantile Private Limited.
This included 15,54,12,063 shares via a Block Deal on the NSE and 11,63,60,077 shares through a Share Purchase Agreement, both for Rs. 4.31 per share. AVPL now holds 45.44 percent of Nagarjuna Fertilizers’ total paid-up capital.
About the Company
Nagarjuna Fertilizers and Chemicals Ltd is a leading Indian manufacturer and distributor of fertilizers, specializing in the production of urea and other agricultural chemicals. The company is committed to enhancing agricultural productivity and sustainability. It has a strong presence in the domestic market and focuses on eco-friendly practices.
Key Insights
The company’s P/E ratio is 0.13, significantly lower than the industry average of 24.63. It has achieved an average 3-year revenue growth of 20.96 percent and an average 3-year net profit growth of 23.06 percent.
Financials
The company’s revenue rose from a profit of Rs. 1,209.14 crore to a loss of Rs. 168.77 crore in Q3FY24-25. Meanwhile, Net profit rose from a loss of Rs. 150.12 crores to a loss of Rs. 2.63 crore during the same period.
Written by Sridhar J
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