1. Madras Fertilizers
stock logo

Madras Fertilizers Share Price

MADRASFERT

₹96.32-₹2.21 (-2.24%) TodayLast updated on 04 Nov, 2024 | 15:49 IST

Madras Fertilizers Share Price Chart

Please wait...
  • About Madras Fertilizers
  • Fundamentals
  • More
  • News

About Madras Fertilizers

Madras Fertilizers Financials

arrow
Market cap
Market Cap Switch₹1,559 Crs
Open
₹99.50
Close
₹98.53
Circuit range
₹118.23 - ₹78.82
Day range
₹95.21 - ₹99.99
Year range
₹75.45 - ₹134.00
Volume
1,11,856
Avg. traded
₹96.55
Revenue (12m)
₹2,355 Crs
Madras Fertilizers

Madras Fertilizers Limited (MFL) operates as a Public Sector Undertaking, which is governed by the Department of Fertilisers of the Ministry of Chemicals and Fertilisers. It is unique in that it was the first PSU in the fertiliser sector to obtain ISO 9002 accreditation.

MFL was established on December 8, 1966, as a joint venture between AMOCO India and the Government of India.

According to the terms of the participation agreement between the government, AMOCO and the National Iranian Oil Company (NIOC), a government-affiliated organisation, NIOC purchased 50% of AMOCO’s MFL shares in 1972. As a result of this, AMOCO and NIOC each held 24.5% of the shares, while the the Government of India owned the remaining 51%. Iin 1985, AMOCO’s shares were proportionately acquired by the Government of India and NIOC, increasing their respective stakes to 67.55% and 32.45%.

Following the issuance of rights shares in 1994 to partially finance the project, the government and NIOC's holdings were adjusted to 69.78% and 30.22%, respectively.

The market capitalisation of Madras Fertilisers Ltd stood at ₹1,600 crore as of February 27, 2024. Madras Fertilisers share price has surged over 271% in the last three years.

Business operations

Madras Fertilizers specialises in the production of biofertilisers, complex fertilisers, urea and ammonia. Along with producing these goods, the company markets them and engages in agrochemical commerce, all of which are in line with its company goals. Madras Fertilizers has its headquarters and production facilities on 329 acres of freehold land in Manali, around 20 km north of Chennai.

MFL’s products

Vijay Fertiliser

Vijay Fertiliser: MFL offers a range of fertilisers to meet various crop and soil requirements. With a 46% nitrogen concentration, Vijay Urea is a nitrogenous fertiliser that can be used on different crops and soil types. Vijay Complexes is a granulated fertiliser containing nitrogen, phosphorus and potash. MFL’s flagship product is Vijay 17:17:17, which made its debut in 1970. It is designed primarily to support vegetative phases and early growth in all crop varieties.

Vijay Neem Coated Urea

The companyi has been producing and marketing Vijay Neem Coated Urea since June 2015.

Vijay Organic Manure

Since 2012, Madras Fertilizers has been producing Vijay Organic Manure, an eco-friendly product. It preserves soil health and texture in an environmentally-friendly manner.

Vijay Neem

Made from neem kernel extract, it sells neem-based pesticides under the Vijay Neem brand. These pesticides are meant to work against pests that damage both food and commercial crops. The company claims pests don’t become resistant to Vijay Neem.

Vijay Biofertiliser

Under the Vijay Bio brand, Madras Fertilizers introduced biofertilisers to maintain soil fertility and health. These biofertilisers are designed to meet the requirements of all crops in a range of climatic and soil conditions.

Financial highlights

– Madras Fertilizers’ revenue in FY23 was ₹3,447 crore compared to ₹2,302 crore in the previous fiscal year.

– The company’s net profit in FY23 was ₹185 crore, compared to ₹162 crore in FY22.

– The earnings per share (EPS) was ₹11.5 in FY23, compared to ₹10.08 in FY22.

Madras Fertilizers Key indicators

arrow
52 week high
₹134.00
52 week low
₹75.45
P/E ratio
19.44
P/B ratio
-10.26
ROE
--
ROCE
19.34%
Dividend yield
--
Debt/Equity ratio
-3.73
EPS
0.35

Learn more

Investment checklist: (2/6)
arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Madras Fertilizers Fundamentals

Madras Fertilizers Financial Ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

6.63%

Net profit margin

0.25%

ROE

0%

ROA

0.28%

ROCE

19.34%

Learn more

Madras Fertilizers Shareholder returns

arrow
1 day
+1.83%
1 week
+12.77%
1 month
-6.72%
3 months
-14.84%
1 year
+26.32%
3 years
+248.16%
5 years
+373.70%

Madras Fertilizers Share Price history

arrow
DayOpenCloseChange %
Fri, Nov 1 2024
₹97.18
₹98.53
+1.83%
Thu, Oct 31 2024
₹94.55
₹96.76
+1.68%
Wed, Oct 30 2024
₹90.89
₹95.16
+4.86%
Tue, Oct 29 2024
₹89.00
₹90.75
+1.45%
Mon, Oct 28 2024
₹87.37
₹89.45
+2.38%
Fri, Oct 25 2024
₹91.14
₹87.37
-3.41%
Thu, Oct 24 2024
₹91.00
₹90.45
-0.81%
Wed, Oct 23 2024
₹90.75
₹91.19
+1.05%

Madras Fertilizers Shareholding Pattern

arrow

Promoters (85.27%)

Mutual Funds (0%)

Retail and other (14.71%)

Foreign institutions-FII (0%)

Other domestic institutions (0.02%)

Promoters

Learn more

FAQs on Madras Fertilizers