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 Q4 FY26 results show a strong recovery with a net profit of ₹20.89 crores and a 67% revenue increase, but concerns remain due to a negative book value per share and reliance on government subsidies, indicating potential long-term challenges.

Madras Fertilizers Ltd's latest results for Q4 FY26 indicate a significant improvement compared to previous quarters, showcasing a strong recovery. The company reported a net profit of ₹20.89 crores, which is a remarkable increase from ₹2.52 crores in Q3 FY26 and a turnaround from a loss of ₹52.44 crores in Q4 FY25. This represents a sequential growth of approximately 729%.<BR><BR>Additionally, the revenue for Q4 FY26 reached ₹699.21 crores, marking a 67% increase from the previous quarter. The operating margin also improved to 5.12%, up from negative territory in the prior quarter, indicating better operational efficiency.<BR><BR>However, while these results reflect a positive trend and a recovery from previous losses, there are underlying concerns. The company's financial health is still challenged by a negative book value per share of ₹-1.99 and a shareholder funds deficit of ₹32.30 crores. The reliance on government subsidies and the volatility in margins raise questions about the sustainability of this recovery.<BR><BR>In summary, while the latest results are a positive step forward for Madras Fertilizers, the company still faces significant structural issues that could impact its long-term performance. Investors should weigh the recent improvements against these ongoing challenges.

Should I buy, sell or hold Madras Fertilizers Ltd?

Why is Madras Fertilizers Ltd falling/rising?

As of 13-May, the stock price of Madras Fertilizers Ltd is declining, currently at Rs 68.76, reflecting a year-to-date drop of 13.73% and a 22.95% decrease over the past year, indicating consistent underperformance against the market. Despite a notable increase in delivery volume, the overall sentiment remains negative due to unfavorable moving averages.

As of 13-May, the stock price of Madras Fertilizers Ltd is falling, currently at Rs 68.76, which reflects a decrease of Rs 2.83 or 3.95%. The stock has underperformed its sector by 4.1% today and reached an intraday low of Rs 68.07, marking a decline of 4.92%. <BR><BR>In terms of performance over various periods, the stock has shown a year-to-date decline of 13.73%, which is worse than the Sensex's decline of 12.45%. Over the past year, the stock has decreased by 22.95%, while the Sensex has only fallen by 8.06%. This trend indicates a consistent underperformance relative to the broader market.<BR><BR>Despite some positive indicators, such as a significant increase in delivery volume by 283.37% against the 5-day average, the overall sentiment appears negative. The stock's moving averages show that it is currently lower than the 5-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. <BR><BR>In summary, the combination of underperformance against the sector, significant declines over various time frames, and unfavorable moving averages contribute to the falling stock price of Madras Fertilizers Ltd.

Which are the latest news on Madras Fertilize?