Rashtriya Chemicals and Fertilisers’ debenture allotment committee to consider ₹400 crore NCD issuance on September 25

The company informed exchanges that its Debenture Allotment Committee will meet on Thursday, September 25, 2025. The meeting has been called to consider and approve the issuance of unsecured, redeemable, non-cumulative, taxable, non-convertible bonds, in the form of non-convertible debentures (NCDs).

A non-convertible debenture (NCD) is a type of fixed-income investment where a company borrows money from investors for a fixed period, promising to pay a fixed rate of interest and return the principal at maturity. The "non-convertible" aspect means these debentures cannot be exchanged for the company's shares (equity) at any point.

The proposed issue, to be carried out on a private placement basis, will have a total size of ₹400 crore. This includes a base issue size of ₹300 crore, along with an option to retain oversubscription of ₹100 crore.

Over the last five days, shares of RCF have advanced 0.93%. On a monthly basis, shares zoomed 6.02%. The scrip rose 31.08% in the last six months.

The stock touched its 52 week high of ₹194.95 apiece on September 19, 2024 and its 52 week low of ₹110.80 apiece on March 3, 2025. The company’s market capitalisation stands at ₹8,539.03 crore.

Rashitriya Chemicals and Fertilizers Q1 results:

In Q1 FY2025-26, Rashtriya Chemicals & Fertilizers reported a sharp 404% year-on-year (YoY) rise in net profit to ₹54.4 crore, even as revenue fell 23.2% YoY to ₹3,370.5 crore. The strong profit growth was supported by government subsidies and improved margins, despite the impact of a 45-day planned maintenance period that affected urea production.

The company’s net profit stood at ₹54.4 crore, marking a 404% YoY increase. Revenue, however, declined by about 23% YoY to ₹3,370.5 crore. EBITDA rose 36.4% YoY to ₹157.9 crore, while EBITDA margin expanded by more than 200 basis points to 4.7%. Government subsidies played a key role in boosting performance and supporting the profit surge.