Khaitan Chemicals & Fertilizers Adjusts Quality Grade Amidst Competitive Industry Landscape

Khaitan Chemicals & Fertilizers has recently undergone an evaluation revision, reflecting its current standing within the fertilizers industry. The company has demonstrated a notable sales growth over the past five years, recorded at 12.39%. However, its EBIT growth during the same period has been relatively modest at 3.12%.
In terms of financial health, Khaitan's EBIT to interest ratio stands at 2.99, indicating a reasonable ability to cover interest expenses. The debt metrics show a debt to EBITDA ratio of 1.33 and a net debt to equity ratio of 0.83, suggesting a manageable level of leverage. The company's return on capital employed (ROCE) is reported at 16.06%, while the return on equity (ROE) is at 11.91%.

When compared to its peers, Khaitan Chemicals is positioned alongside companies such as Indogulf Cropsci and Nagarjuna Fertilizers, which also reflect similar quality standings. Other competitors like Rama Phosphates and Aries Agro maintain average evaluations, highlighting a competitive landscape within the sector. This context underscores the challenges and opportunities facing Khaitan Chemicals as it navigates its market position.