National Fertilizers Limited, a Mini Ratna public sector undertaking, is the second largest producer of urea in India with an installed capacity of 35.68 lakh metric tonnes. The company accounts for a 16% share of the total urea production in the country. It is engaged in the manufacturing and marketing of neem-coated urea, four strains of bio-fertilizers and other allied industrial products including ammonium nitrate, ammonia, nitric acid, sodium nitrite and sodium nitrate.
National Fertilizers markets its products under the brand Kisan. The firm also produces certified seeds under its seeds multiplication program. Its network comprises a central marketing office in Noida, four zonal offices, 16 state offices along 35 area offices spread across its marketing territory.
Business operations
Apart from the manufacturing business, National Fertilizers is also engaged in trading agro-inputs like imported non-urea fertilisers, certified seeds, agrochemicals and city compost through its existing pan India dealer’s network under a single window concept. National Fertilizers was incorporated in 1974 to set up fuel oil-based urea plants at Haryana's Panipat and Punjab's Bathinda.
The company later took over the operations of Fertilizer Corporation of India's plant at Nangal, Punjab.
In 2001-02, the company commissioned an integrated plant nutrient supply system in Madhya Pradesh’s Malwa region. This project envisaged the use of available resources of nutrient supply for crop production. The idea was to reduce the burden of chemicals on the soil to sustain its productivity.
The Nangal plant produces calcium ammonium nitrate urea and methanol while Panipat, Bathinda and Vijaipur units produce urea. Neem coated urea is produced at all facilities owned by the company.
National Fertilizers has a bio-fertilizers plant at Vijaipur with a capacity of 600 tons of solid & liquid bio-fertilizers.
National Fertilizers’ urea capacities are located in high-demand areas of Punjab, Haryana and Madhya Pradesh.
The company teamed up with Engineers India Limited (EIL) and Fertilizer Corporation of India (FCIL) to form a joint venture, Ramagundam Fertilizers & Chemicals Limited (RFCL) to revive the old FCIL plant in Telangana's Ramagundam.
National Fertilizers commissioned a bentonite sulphur plant of 25,000 MTPA Capacity at Panipat unit in 2017.
The company's soil testing labs at Barabanki in Uttar Pradesh and Nangal in Punjab were upgraded with the installation of an Atomic Absorption Spectrophotometer for micronutrient analysis.
As of January 12, 2024. National Fertilizers Limited's market capitalisation is valued at over ₹4,900 crore. National Fertilizers share price has gained over 120% in the last three years.
National Fertilizers Financial Highlights
- Revenue: National Fertilizers reported revenue of ₹21,567.86 crore in FY26 vs ₹19,889.52 crore in FY25. It showed an increase of 8.44% on a yearly basis.
- Operating Profit: National Fertilizers reported an operating profit of ₹274.51 crore in FY26 vs ₹211.80 crore in FY25. It showed an increase of 29.61% on a year-on-year basis.
- Net Profit: National Fertilizers reported a net profit of ₹211.49 crore in FY26 vs ₹183.98 crore in FY25. It showed an increase of 14.95% on a yearly basis.
National Fertilizers Quarterly Result Highlights
- National Fertilizers reported revenue of ₹4,511.82 crore in Jun 2026, compared with ₹4,359.39 crore in Mar 2026, representing an increase of 3.50% on a quarter-on-quarter (QoQ) basis.
- National Fertilizers reported an operating profit of ₹137.81 crore in Jun 2026, compared with ₹190.01 crore in Mar 2026, representing a decrease of 27.47% on a quarter-on-quarter (QoQ) basis.
- National Fertilizers reported a profit of ₹113.38 crore in Jun 2026, compared with ₹151.54 crore in Mar 2026, reflecting a decrease of 25.18% on a QoQ basis.
- The earnings per share (EPS) of National Fertilizers stood at ₹4.31 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.