Rashtriya Chemicals & Fertilizers Limited (RCF) is a government-owned enterprise focused on the production of chemicals and fertilisers. It was founded in 1978 and comes under the Ministry of Chemicals and Fertilizers. Around 75% of RCF's equity is held by the Government of India. The company achieved the prestigious Navratna status in August 2023. RCF is the first public sector undertaking (PSU) in the fertiliser industry to attain Navratna status.
The market capitalisation of RCF is over ₹9,000 crore as of January 5, 2024. RCF share price has gained over 200% in three years.
Business operations
Rashtriya Chemicals & Fertilizers Ltd (RCF) is a prominent fertiliser producer in India. Their key fertiliser brands include Sujala, Suphala 15:15:15, Suphala 20:20:0, Ujjwala, Microla, and Biola. In India, RCF pioneered the production of essential chemicals like methanol, sodium nitrate, sodium nitrite, ammonium bicarbonate, methylamines, dimethylformamide and dimethylacetamide.
RCF also offers project management and operational services to clients in the fertiliser and chemicals industry. They specialise in overseeing everything from project reports, engineering and licensing to equipment procurement, commissioning, and ongoing operation.
The company’s product range includes industrial and fertiliser products along with soil testing services to diagnose soil health and provide solutions for specific crops.
RCF operates two units: one in Trombay, Mumbai and the other in Thal, Raigad district, approximately 100 kilometres away from Mumbai. In Trombay, RCF manages two sewage treatment plants (STPs) with a combined capacity of treating 45.50 million litres per day (MLD) of municipal sewage, producing 30 MLD of treated water for industrial use.
An agreement between RCF and Bharat Petroleum Corporation Limited (BPCL) states that about 40% of this treated water is supplied to BPCL.
These plants serve a dual purpose: resolving sewage treatment and disposal issues while alleviating the Brihanmumbai Municipal Corporation's (BMC) responsibility to supply 30 MLD of drinking water.
RCF has also established gas turbines with heat recovery steam generation plants at both the Trombay and Thal units. This setup enables RCF to generate the necessary power to meet its internal energy needs.
To improve domestic urea production, the Government of India has started the revival of five dormant urea plants. RCF has been designated by the government to participate in two revival projects: Fertiliser Corporation of India Limited (FCIL) Talcher and Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) Namrup.
RCF's customer base includes farmers and dealers. It has started numerous agricultural programmes to educate farmers. These include various activities such as soil sample analysis conducted through stationary and mobile testing laboratories, the establishment of Kisan Suvidha Kendras (Farmers' Convenience Centers), dedicated farmer training centres in Thal and Nagpur, field demonstrations and exhibitions.
Rashtriya Chemicals & Fer Financial Highlights
- Revenue: Rashtriya Chemicals & Fer reported revenue of ₹18,690.90 crore in FY26 vs ₹17,098.46 crore in FY25. It showed an increase of 9.31% on a yearly basis.
- Operating Profit: Rashtriya Chemicals & Fer reported an operating profit of ₹609.40 crore in FY26 vs ₹328.32 crore in FY25. It showed an increase of 85.61% on a year-on-year basis.
- Net Profit: Rashtriya Chemicals & Fer reported a net profit of ₹427.45 crore in FY26 vs ₹242.45 crore in FY25. It showed an increase of 76.30% on a yearly basis.
Rashtriya Chemicals & Fer Quarterly Result Highlights
- Rashtriya Chemicals & Fer reported revenue of ₹3,621.15 crore in Jun 2026, compared with ₹5,648.83 crore in Mar 2026, representing a decrease of 35.90% on a quarter-on-quarter (QoQ) basis.
- Rashtriya Chemicals & Fer reported an operating profit of ₹101.42 crore in Jun 2026, compared with ₹275.84 crore in Mar 2026, representing a decrease of 63.23% on a quarter-on-quarter (QoQ) basis.
- Rashtriya Chemicals & Fer reported a profit of ₹73.53 crore in Jun 2026, compared with ₹186.72 crore in Mar 2026, reflecting a decrease of 60.62% on a QoQ basis.
- The earnings per share (EPS) of Rashtriya Chemicals & Fer stood at ₹7.75 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.