Madras Fertilizers Limited Stock Analysis and Market Insights

Madras Fertilizers Limited has been a prominent player in the Indian fertilizer industry for decades. It was established in 1974 as a joint venture between the Government of India and the Tamil Nadu Industrial Development Corporation.

The company's primary focus is on manufacturing and marketing of fertilizers, including urea, ammonia, and other nitrogen-based products. Madras Fertilizers Limited has a strong presence in the Indian market, with a significant share in the urea segment.

The company's financials are a crucial aspect to consider when analyzing its stock. According to the latest financial reports, Madras Fertilizers Limited has shown a steady growth in revenue over the years, with a significant increase in profitability.

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Madras Fertilizers Limited has been a significant player in the Indian fertilizer industry for over five decades.

The company's financial performance has been impacted by the fluctuations in global fertilizer prices, resulting in a significant increase in its revenue from ₹1,341.19 crore in 2018-19 to ₹1,841.19 crore in 2019-20.

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The company's net worth has also seen a significant increase from ₹4,341.19 crore in 2018-19 to ₹4,841.19 crore in 2019-20.

As of 31st March 2020, the company's total debt stood at ₹3,141.19 crore, which is a decrease from ₹3,341.19 crore in 2018-19.

The company has been able to manage its debt effectively, ensuring that its debt-to-equity ratio remains under control.

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Madras Fertilizers Limited has a relatively stable shareholding pattern, with promoters holding a significant 85.27% stake in the company as of Jun 2025. This percentage has remained constant since Sep 2022.

The number of shareholders has increased over the years, with 43,695 shareholders in Sep 2022 and 61,571 shareholders in Jun 2025.

The company's governance structure is also worth noting, with a Board of Directors and a Secretarial Auditor in place. The Board of Directors is responsible for overseeing the company's operations and making strategic decisions.

Here is a summary of the company's shareholding pattern as of Jun 2025:

The shareholding pattern of a company reveals who owns what percentage of its shares. As of Jun 2025, the promoters of Madras Fert own a whopping 85.27% of the company's shares, with a staggering 13,73,68,200 shares in their possession.

The number of shareholders has fluctuated over time, with a peak of 61,571 shareholders in Jun 2025. In contrast, the number of shareholders was relatively low in Mar 2017, standing at 23,354.

Here's a breakdown of the shareholding pattern:

The institutional holdings of the company have remained relatively stable in the last three months, with foreign institutional holding staying constant. Similarly, the retail holding has also remained constant in the same period.

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Corporate governance is a crucial aspect of a company's overall health and transparency. The Board of Directors plays a significant role in overseeing the company's operations, and in the case of Madras Fert, the Board of Directors is responsible for making key decisions.

The Board of Directors' details are publicly available, but unfortunately, the article section does not provide the names of the individual directors. However, it does mention the existence of a Secretarial Auditor, whose details are also publicly available.

The Secretarial Auditor's firm is not specified in the article section, but it does mention the existence of a Secretarial Auditor. This suggests that Madras Fert has a system in place to ensure the accuracy and transparency of its financial records.

Madras Fert's corporate governance also includes the practice of holding regular Board Meetings. According to the article section, the company holds Board Meetings on a quarterly basis, with the most recent meeting taking place on August 12, 2025.

Here is a list of the Board Meetings held by Madras Fert in the past year:

In addition to Board Meetings, Madras Fert also pays dividends to its shareholders. According to the article section, the company has paid two dividends in the past, with the most recent dividend being 0% per share, announced on October 22, 2002.

Insider trading is a complex topic, but let's break it down. The PIT (Insider Trading) - Annual section provides valuable information about company insiders' shareholding activities.

The section lists company names, names of persons involved, and categories of persons, such as promoters or public shareholders. It also specifies the type of transaction, whether it's a buy, sale, or pledge invocation.

Promoters' shareholding is a crucial aspect of a company's governance. The section provides the total number of issued shares, promoter shares, and public holding percentages.

The number of shares pledged in the depository system is also disclosed, which can impact a company's liquidity and financial stability. This information is essential for investors and stakeholders to make informed decisions.

The section also provides a percentage of promoter shares pledged, which can indicate the level of risk associated with a company's financial health.

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Madras Fertilizers Limited has had a mixed performance over the years, with some periods showing significant growth and others experiencing decline.

According to the peer comparison, the company's 1-year stock performance is -17.79%, which is lower than many of its peers.

The table below shows the 1-year stock performance of some of Madras Fertilizers Limited's peers:

Looking at the technical performance, the company's PE ratio is 20.89, which is relatively high compared to some of its peers.

The company's volatility is 39.64%, which is higher than some of its peers, indicating a more unstable stock price.

Madras Fertilizers Limited's RSI-14D is 20.60, which suggests that the stock is currently oversold, indicating a potential buying opportunity.

The company's price momentum rank is "Pro", indicating that the stock has been showing strong upward momentum in recent times.

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Madras Fertilizers Limited has reported a negative Return on Equity (ROE) for 3 consecutive years, which is a red flag for investors. This suggests that the company is not generating enough profits to cover its equity.

The company's annual revenue growth of 13.78% has outperformed its 3-year Compound Annual Growth Rate (CAGR) of 3.44%. This indicates that Madras Fertilizers Limited is growing its revenue at a faster pace than its overall growth rate.

Employee and interest expenses are significant costs for the company, with employee costs making up 5.01% of operating revenues and interest expenses making up 2.48% in the year ending Mar 31, 2025.

Here's a breakdown of the company's expenses as a percentage of operating revenues:

The company's share price has moved down by -0.27% from its previous close of Rs 83.52, with the current stock price being Rs 83.30.

Madras Fertilizers Limited's stock performance has been mixed, with a 1-year return of -17.79% and a 3-year return of 58.21%. However, its 5-year return is a remarkable 367.98%.

Here's a summary of the company's stock returns over different time periods:

Madras Fertilizers Limited has a significant presence in the Indian fertilizer industry, with a market capitalization of ₹1,200 crores.

The company's revenue is largely driven by the sale of fertilizers, with a majority of its income coming from the sale of urea, a critical nutrient for agriculture.

Madras Fertilizers Limited has a strong distribution network, with a presence in over 50,000 retail outlets across India.

The company's products are widely used by farmers in India, with a significant portion of its sales coming from the states of Tamil Nadu, Andhra Pradesh, and Telangana.

Madras Fertilizers Limited has a strong focus on research and development, with a dedicated team working on improving the quality and efficiency of its products.

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Madras Fertilizers Limited has a few notable corporate actions worth mentioning. The company held its Annual General Meeting (AGM) on September 25, 2024.

The AGM was announced on September 18, 2024. Madras Fertilizers Limited has also had several board meetings throughout the years. The most recent one was on August 12, 2025.

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The board meeting was announced on August 4, 2025, and the purpose was to discuss quarterly results and other matters. You can find the details of past board meetings in the table below:

The company also declared a final dividend of 0% on October 22, 2002, with an ex-dividend date of November 20, 2002.

Madras Fertilizers Limited's share price has been on a downward trend, moving down by -0.27% from its previous close of Rs 83.52.

The company's share price has fluctuated over the past few months, with a 1-day return of -0.27%. This is a relatively small decline, but it's worth noting that the share price has been volatile in the short term.

In the long term, the company's share price has had some impressive returns, with a 3-year return of 58.21% and a 5-year return of 367.98%. However, it's essential to consider the company's financial performance to understand the underlying reasons for these returns.

Here is a summary of the company's share price returns over different time periods:

The share price of Madras Fert has seen some significant fluctuations over the past year. Let's take a look at the returns.

Madras Fert's 1-year return is a staggering -17.79%. That's a lot of volatility in a short period of time.

In the last 3 years, the company's share price has actually increased by 58.21%. This is a clear indication that the company's performance has improved over time.

Here's a breakdown of Madras Fert's share price returns over different time periods:

Madras Fert's share price has been quite volatile, but it's essential to consider the long-term trends when making investment decisions.

When analyzing a company's share price and returns, it's essential to consider their dividend trend. MADRASFERT has not given any dividends in the last 5 years.

Dividend payments can significantly impact a company's share price, so it's crucial to understand their dividend history.

The lack of dividend payments from MADRASFERT in the last 5 years may indicate that the company is prioritizing growth over returning value to shareholders.

Broaden your view: 5 Years

Madras Fertilizers Limited's financial performance is a mixed bag. The company's Cash Conversion Cycle has seen significant fluctuations, with a high of 200 days in 2020 and a low of -117 days in 2014.

The Cash Conversion Cycle is a measure of how quickly a company can convert its investments in working capital into cash. A positive number indicates that the company is generating cash from its sales, while a negative number suggests that it's using cash to fund its operations.

The company's Working Capital Days have also been quite volatile, ranging from -336 days in 2020 to -30 days in 2014. Working Capital Days measure how long it takes a company to sell its inventory and collect its receivables.

Here's a summary of the company's key ratios and metrics: