Madras Fertilize

What does Madras Fertilize do?

Madras Fertilizers Ltd is a small-cap company in the fertilizers industry, incorporated in 1966, with recent net sales of ₹555 Cr and a net loss of ₹52 Cr as of March 2025. Key metrics include a P/E ratio of 24, a market cap of ₹1,554 Cr, and a negative return on equity of -198.92%.

Overview: <BR>Madras Fertilizers Ltd is a company engaged in the fertilizers industry and falls under the small-cap market category.<BR><BR>History: <BR>Madras Fertilizers Ltd was incorporated in December 1966 as a public sector undertaking. The company commenced commercial production in November 1971. As of the latest quarterly results reported for March 2025, the company has shown net sales and net profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 555 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -52 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 1,554 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 24.00 <BR>Industry P/E: 24 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -28.74 <BR>Return on Equity: -198.92% <BR>Price to Book: -48.11<BR><BR>Contact Details: <BR>Address: Post Bag No 2, Manali Chennai Tamil Nadu : 600068 <BR>Tel: 91-044-25942281/25945203 <BR>Email: cs@madrasfert.co.in <BR>Website: http://www.madrasfert.nic.in

When is the next results date for Madras Fertilize?

No Upcoming Board Meetings

Has Madras Fertilize declared dividend?

No Dividend History Available

Who are the peers of the Madras Fertilize?

Madras Fertilize's peers include Coromandel International, FACT, Chambal Fertilizers, Deepak Fertilizers, EID Parry, Zuari Agro Chemicals, Khaitan Chemical, Nova Agritech, Rama Phosphates, and Aries Agro. Deepak Fertilizers shows the highest 1-year return at 173.12%, while Madras Fertilize's return is only 1.46%.

Peers: The peers of Madras Fertilize are Coromandel Inter, F A C T, Chambal Fert., Deepak Fertiliz., EID Parry, Zuari Agro Chem., Khaitan Chemical, Nova Agritech, Rama Phosphates, and Aries Agro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coromandel Inter and Chambal Fert., while Good management risk is found at Deepak Fertiliz., EID Parry, and Rama Phosphates, and Average management risk is seen at F A C T, Khaitan Chemical, Nova Agritech, and Aries Agro, with Below Average management risk at Zuari Agro Chem. Growth is Excellent for Deepak Fertiliz., Average for EID Parry and Madras Fertilize, and Below Average for F A C T, Chambal Fert., Khaitan Chemical, Nova Agritech, and Aries Agro, while the rest have Does not qualify. Excellent capital structure is noted at Coromandel Inter, Chambal Fert., EID Parry, and Rama Phosphates, Good at F A C T and Deepak Fertiliz., Average at Khaitan Chemical, and Below Average at Zuari Agro Chem. and Nova Agritech.<BR><BR>Return Snapshot: Deepak Fertiliz. has the highest 1-year return at 173.12%, while Chambal Fert. has the lowest at 38.76%, with Madras Fertilize's 1-year return at 1.46% being significantly lower than both. Additionally, Nova Agritech and Madras Fertilize have negative six-month returns.

Who are in the management team of Madras Fertilize?

As of March 2022, the management team of Madras Fertilize includes U Saravanan (Chairman & Managing Director), Mohammad Bagher Dakhili, Harsh Malhotra (Director, Technical), and several nominees and independent directors, ensuring diverse governance and operational oversight.

As of March 2022, the management team of Madras Fertilize includes the following individuals:<BR><BR>1. U Saravanan - Chairman & Managing Director<BR>2. Mohammad Bagher Dakhili - Nominee<BR>3. Harsh Malhotra - Director (Technical)<BR>4. Babak Bagherpour - Nominee<BR>5. Priya Ranjan Panda - Company Secretary & Compliance Officer<BR>6. K Gurumurthy - Nominee (Government)<BR>7. Nallabothu Venkat Rao - Independent Director<BR>8. C R Jayanthi - Independent Director<BR>9. Sanjay Vishnu Shetye - Non-Official Independent Director<BR>10. Samieh Kokabi - Nominee<BR><BR>This team comprises a mix of directors, nominees, and independent directors, each contributing to the governance and operational oversight of the company.

Who are the top shareholders of the Madras Fertilize?

The top shareholder of Madras Fertilize is the President of India, holding 59.5% of the shares. Individual investors own 13.46%, while Foreign Institutional Investors and mutual funds hold negligible stakes.

The top shareholders of Madras Fertilize include the President of India, who holds a significant 59.5% of the shares. The company has no pledged promoter holdings, and individual investors collectively hold 13.46% of the shares. Additionally, there are 6 Foreign Institutional Investors (FIIs) with a very small stake of 0.03%, and mutual funds are represented by just one scheme, holding 0.0%. There are no notable public shareholders listed.

How big is Madras Fertilize?

As of 24th July, Madras Fertilizers Ltd has a market capitalization of 1,490.00 Cr, with recent net sales of 2,541.85 Cr and a net profit of 64.25 Cr. The balance sheet for March 2024 shows shareholder's funds at a loss of 189.72 Cr and total assets valued at 2,007.49 Cr.

As of 24th July, Madras Fertilizers Ltd has a market capitalization of 1,490.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,541.85 Cr and a Net Profit of 64.25 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds at a loss of 189.72 Cr and Total Assets valued at 2,007.49 Cr.

Is Madras Fertilize technically bullish or bearish?

As of November 4, 2025, the market trend has shifted to a moderate bearish stance, driven by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish indication from Dow Theory on the weekly chart.

As of 4 November 2025, the technical trend has changed from sideways to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on both weekly and monthly time frames, bearish Bollinger Bands across both time frames, and bearish moving averages on the daily chart. The KST is also bearish on both weekly and monthly levels. Although Dow Theory indicates a mildly bullish stance on the weekly, the overall bearish signals dominate the analysis.

How has been the historical performance of Madras Fertilize?

Madras Fertilize's historical performance shows a decline in net sales and profitability from Mar'23 to Mar'25, with net sales dropping from 3,447.09 Cr to 2,541.85 Cr and profit after tax decreasing from 185.33 Cr to 64.25 Cr, despite an increase in cash reserves. The company faces challenges in maintaining sales and profitability amid rising total liabilities.

Answer:<BR>The historical performance of Madras Fertilize shows a fluctuating trend in net sales and profitability over the years, with significant variations in operating income, expenses, and net profit.<BR><BR>Breakdown:<BR>Madras Fertilize's net sales peaked at 3,447.09 Cr in Mar'23 but have since declined to 2,541.85 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 3,447.09 Cr in Mar'23 to 2,541.85 Cr in Mar'25. Raw material costs also saw a decline from 2,486.30 Cr in Mar'23 to 1,387.64 Cr in Mar'25, while total expenditure, excluding depreciation, decreased from 3,124.96 Cr in Mar'23 to 2,419.44 Cr in Mar'25. Operating profit (PBDIT) dropped from 336.44 Cr in Mar'23 to 166.37 Cr in Mar'25, reflecting a decrease in operating profit margin from 9.34% to 4.82%. Profit before tax followed a similar downward trend, falling from 248.66 Cr in Mar'23 to 91.60 Cr in Mar'25, with profit after tax also declining from 185.33 Cr to 64.25 Cr in the same period. The company's total liabilities increased from 1,856.76 Cr in Mar'23 to 2,233.35 Cr in Mar'25, while total assets rose from 1,856.76 Cr to 2,233.35 Cr. Cash flow from operating activities decreased significantly from 687.00 Cr in Mar'23 to 116.00 Cr in Mar'25, and the closing cash and cash equivalents improved from 369.00 Cr in Mar'23 to 652.00 Cr in Mar'25. Overall, the financial performance of Madras Fertilize reflects challenges in maintaining sales and profitability, despite improvements in cash reserves.

Is Madras Fertilize overvalued or undervalued?

As of November 18, 2025, Madras Fertilize is considered very attractive and undervalued with a PE ratio of 16.27 and an EV to EBITDA of 10.12, significantly lower than its peers, despite recent stock performance lagging behind the Sensex.

As of 18 November 2025, the valuation grade for Madras Fertilize has moved from does not qualify to very attractive. This indicates a significant improvement in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 16.27, an EV to EBITDA of 10.12, and a remarkably high ROE of 320.52%. <BR><BR>In comparison to its peers, Madras Fertilize's PE ratio is significantly lower than Coromandel International's 31 and F A C T's 646.81, both of which are categorized as very expensive. Additionally, its EV to EBITDA ratio is more favorable than that of Coromandel International and F A C T, which stand at 20.53 and 320.91, respectively. Despite recent stock performance lagging behind the Sensex, particularly in the year-to-date and one-year returns, the long-term performance over three, five, and ten years shows substantial growth, reinforcing the attractiveness of its current valuation.

Are Madras Fertilizers Ltd latest results good or bad?

Madras Fertilizers Ltd's latest Q3 FY26 results are poor, showing an 80.54% drop in net profit to ₹2.52 crore and a 17.96% decline in revenue to ₹418.69 crore, alongside a negative operating margin of -0.69%. These figures indicate significant operational challenges and concerns about the company's future viability.

Madras Fertilizers Ltd's latest results for Q3 FY26 indicate a significant decline in performance, which can be characterized as poor. The company reported a net profit of ₹2.52 crore, reflecting a staggering drop of 80.54% quarter-over-quarter and a dramatic 96.62% decline year-over-year. Revenue also fell sharply to ₹418.69 crore, down 17.96% from the previous quarter and 47.61% compared to the same quarter last year.<BR><BR>Moreover, the operating margin turned negative at -0.69%, a stark contrast to the 13.35% margin reported in Q3 FY25. This deterioration in financial metrics highlights severe operational challenges, including a negative operating profit before depreciation, interest, and tax (PBDIT) of ₹-2.87 crore, compared to a robust ₹106.71 crore in the same period last year.<BR><BR>Overall, these results underscore significant issues within the company, including reliance on non-operating income to maintain profitability and a challenging environment in the fertiliser sector. Given these factors, the financial performance of Madras Fertilizers Ltd can be classified as bad, with serious concerns about its future viability and operational stability.

Should I buy, sell or hold Madras Fertilizers Ltd?

Why is Madras Fertilizers Ltd falling/rising?

As of 17-Mar, Madras Fertilizers Ltd's stock price has slightly increased to 62.25, but it has significantly underperformed over various time frames, including a 21.89% decline year-to-date. The company faces serious challenges with poor long-term growth, negative operating profits, and minimal investor interest, indicating a bearish trend.

As of 17-Mar, Madras Fertilizers Ltd is experiencing a slight increase in its stock price, currently at 62.25, with a change of 0.2 (0.32%) upward. However, this rise occurs against a backdrop of significant underperformance in both the short and long term. Over the past week, the stock has declined by 8.12%, and in the last month, it has fallen by 12.90%. Year-to-date, the stock is down 21.89%, while it has generated a negative return of 11.34% over the past year, contrasting sharply with the Sensex, which has increased by 2.56% during the same period.<BR><BR>The stock's performance today indicates it has underperformed its sector by 1.6%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. There is also a notable decline in investor participation, with delivery volume dropping by 75.93% compared to the 5-day average, indicating reduced interest from investors.<BR><BR>Financially, the company has reported poor long-term growth, with operating profit declining at an annual rate of 140.20% over the last five years. Recent results have been disappointing, with net sales falling by 34.0% compared to the previous four-quarter average and a significant drop in profit before tax. The stock is considered risky due to negative operating profits and has seen a substantial decline in profits by 96.4% over the past year.<BR><BR>Furthermore, domestic mutual funds hold only a minimal stake of 0.01% in the company, which may reflect a lack of confidence in its current valuation or business prospects. Overall, while there is a minor uptick in the stock price, the underlying fundamentals and performance metrics suggest that Madras Fertilizers Ltd is facing significant challenges, contributing to its overall downward trajectory.

Why is Madras Fertilizers Ltd falling/rising?

As of 18-Mar, Madras Fertilizers Ltd's stock price has risen to 64.02, reflecting a short-term gain despite a troubling long-term outlook with a -11.21% return over the past year and a significant drop in profitability. The recent performance is positive, but the stock's bearish trend and declining operating profit raise concerns.

As of 18-Mar, Madras Fertilizers Ltd is experiencing a rise in its stock price, currently at 64.02, with a change of 1.77 (2.84%) upward. This increase can be attributed to its performance today, where the stock has outperformed its sector by 2.02% and has shown consecutive gains over the last two days, accumulating a total return of 3.17% during this period. Additionally, the stock reached an intraday high of Rs 65.56, reflecting a significant rise of 5.32%.<BR><BR>However, it is important to note that despite this short-term increase, the stock has faced considerable challenges in the longer term. Over the past year, it has generated a return of -11.21%, and its operating profit has decreased dramatically by -140.20% over the last five years. The recent quarterly results also indicate a negative trend, with a profit before tax falling by -269.1% compared to the previous four-quarter average. Furthermore, the stock is trading below its moving averages across various time frames, indicating a bearish trend.<BR><BR>In summary, while Madras Fertilizers Ltd is currently rising in price due to recent performance and sector outperformance, the long-term outlook remains concerning due to significant declines in profitability and investor participation.

Why is Madras Fertilizers Ltd falling/rising?

As of 19-Mar, Madras Fertilizers Ltd's stock price is at Rs 60.97, down 4.88%, and has significantly underperformed the Sensex and its sector. The stock is nearing its 52-week low and shows a bearish trend with decreased investor interest.

As of 19-Mar, Madras Fertilizers Ltd's stock price is falling, currently at Rs 60.97, which reflects a decrease of Rs 3.13 or 4.88%. This decline is part of a broader trend, as the stock has underperformed compared to the benchmark Sensex, which has decreased by 2.40% over the past week. Over the last month, the stock has dropped by 13.01%, while the Sensex fell by 10.05%. Year-to-date, the stock is down 23.50%, significantly more than the Sensex's 12.92% decline.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 4.87% away from that point. It has also underperformed its sector, which has seen a decline of 2.88%. The stock's price has fallen after two consecutive days of gains, indicating a potential trend reversal. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 63.57% compared to the 5-day average, indicating reduced interest from investors. Overall, these factors contribute to the stock's current downward movement.

Why is Madras Fertilizers Ltd falling/rising?

As of 20-Mar, Madras Fertilizers Ltd's stock price has slightly risen to Rs 61.00, but it faces significant challenges with a 4.66% decline over the past week and a 23.46% drop year-to-date, indicating a bearish trend and lack of investor confidence.

As of 20-Mar, Madras Fertilizers Ltd is experiencing a slight rise in its stock price, currently at Rs 61.00, with a change of 0.02 (0.03%) upward. However, this minor increase occurs against a backdrop of significant negative performance indicators. Over the past week, the stock has declined by 4.66%, and it has seen a substantial drop of 12.08% over the past month. Year-to-date, the stock is down 23.46%, and it has also underperformed over the past year with a decrease of 17.41%.<BR><BR>The stock's performance is concerning, as it is trading below all major moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.92% away from Rs 58. The delivery volume has also decreased by 3.16% compared to the 5-day average, reflecting falling investor participation.<BR><BR>Financial results further exacerbate the situation, with a significant decline in operating profit over the last five years at an annual rate of -140.20%. Recent quarterly results show a 48.98% drop in profit after tax and a 34.0% fall in net sales compared to the previous four-quarter average. The stock's negative operating profits and the lack of confidence from domestic mutual funds, which hold only 0.01% of the company, suggest a lack of investor trust in the company's future prospects.<BR><BR>In summary, while there is a minor uptick in the stock price today, the overall trend and financial performance indicate that Madras Fertilizers Ltd is facing significant challenges, leading to a generally negative outlook.

Why is Madras Fertilizers Ltd falling/rising?

As of 23-Mar, Madras Fertilizers Ltd's stock price has declined to Rs. 58.00, down 4.92%, reflecting poor financial performance and a lack of investor confidence, as evidenced by significant drops in operating profit and net sales. The stock has underperformed the market and reached a new 52-week low, indicating a persistent downward trend.

As of 23-Mar, Madras Fertilizers Ltd is experiencing a decline in its stock price, currently at Rs. 58.00, which represents a decrease of Rs. 3.0 or 4.92%. This drop is reflected in its performance metrics, as the stock has underperformed compared to the broader market, with a 1-week decline of 6.53% against a 3.72% drop in the Sensex. Over the past month, the stock has fallen by 16.11%, significantly worse than the Sensex's 12.72% decline.<BR><BR>The stock has also reached a new 52-week low today, indicating a lack of investor confidence. The performance today shows that it underperformed its sector by 1.26%, and it traded lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a persistent downward trend in its price.<BR><BR>Financial results have further contributed to the stock's decline. The company's operating profit has seen a drastic annual decline of 140.20% over the last five years, and recent results indicate a significant drop in net sales by 34.0% compared to the previous four-quarter average. Additionally, the profit after tax for the last nine months has decreased by 48.98%, and the stock has generated a return of -24.82% over the past year, with profits plummeting by 96.4%.<BR><BR>Investor sentiment appears to be cautious, as evidenced by the minimal stake held by domestic mutual funds, which is only 0.01%. This low level of investment may reflect a lack of confidence in the company's future prospects. Overall, the combination of poor financial performance, negative growth indicators, and underperformance relative to the market and sector are key factors contributing to the decline in Madras Fertilizers Ltd's stock price.

Why is Madras Fertilizers Ltd falling/rising?

As of 24-Mar, Madras Fertilizers Ltd's stock price is Rs 59.00, up 1.5% today, but it has declined significantly over various periods, including a 25.97% drop year-to-date. The company's financial health is concerning, with a high debt-equity ratio and declining profits, indicating ongoing challenges for the stock.

As of 24-Mar, Madras Fertilizers Ltd's stock price is currently at Rs 59.00, reflecting an increase of Rs 0.87 or 1.5%. However, despite this short-term rise, the stock has shown significant declines over various periods. Over the past week, the stock has decreased by 5.22%, and it has fallen 15.29% over the last month. Year-to-date, the stock is down 25.97%, and it has also experienced a 24.54% decline over the past year. <BR><BR>The stock is trading close to its 52-week low, just 1.69% away from Rs 58. Additionally, it has underperformed its sector by 2.37% today, and it is trading below all key moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 131.11% against the 5-day average, the overall performance remains concerning.<BR><BR>The company's financial health is a significant factor in its stock performance. The operating profit has drastically declined at an annual rate of -140.20% over the last five years, and recent results show a substantial drop in profit before tax and profit after tax compared to previous quarters. Furthermore, the debt-equity ratio is alarmingly high at 23.64 times, indicating financial risk.<BR><BR>In summary, while there is a slight uptick in the stock price today, the overall trend and financial indicators suggest that Madras Fertilizers Ltd is facing significant challenges, leading to a general decline in its stock value over time.

Why is Madras Fertilizers Ltd falling/rising?

As of 25-Mar, Madras Fertilizers Ltd's stock price is at Rs 60.85, up 2.17% due to recent gains and increased investor interest. However, it remains below key moving averages, indicating potential long-term concerns despite short-term improvements.

As of 25-Mar, Madras Fertilizers Ltd's stock price is rising, currently at Rs 60.85, reflecting an increase of Rs 1.29 or 2.17%. This rise can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, with a total return of 4.68% during this period. Additionally, the fertilizer sector as a whole has seen a positive movement, gaining 2.27%, which may have contributed to the stock's upward trend.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 4.82% against the five-day average, indicating growing interest in the stock. The stock also reached an intraday high of Rs 61.1, which is a positive sign for traders.<BR><BR>However, it is important to note that despite the recent gains, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests that while there is a short-term rise, the long-term outlook remains concerning due to poor operating profit growth and significant losses reported in recent quarters. The stock has also underperformed compared to broader market indices over longer periods, which could temper enthusiasm among investors.

Which are the latest news on Madras Fertilize?