Stox
40
Madras Fertilizers Limited
NSE: MADRASFERT · Unclassified
₹55.46+0.42%06 Nov 2026
Ask the data
Instant answers about Madras Fertilizers Limited — computed from its filings, no language modelMarket cap₹893 cr
Current price₹55.46
High / Low₹83 / ₹51
P/E12.6
P/B9.71
Book value₹5.7
ROE77.1%
ROCE20.4%
Debt / equity6.90
Dividend yield—
EPS (TTM)₹4.40
Face value₹10
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,593 | 1,274 | 1,532 | 2,302 | 3,447 | 2,228 | 2,542 | 2,300 |
| EBITDA | -25 | -31 | 124 | 238 | 322 | 100 | 122 | 110 |
| Operating margin | -1.5% | -2.4% | 8.1% | 10.3% | 9.3% | 4.5% | 4.8% | 4.8% |
| Interest | 100 | 90 | 98 | 93 | 78 | 72 | 63 | 59 |
| Depreciation | 23 | 26 | 31 | 9 | 10 | 10 | 12 | 14 |
| Profit before tax | -81 | -135 | 3 | 167 | 249 | 12 | 92 | 102 |
| Tax | 0 | 0 | 0 | 5 | 63 | 6 | 27 | 22 |
| Net profit | 0 | 0 | 0 | 0 | 185 | 6 | 64 | 80 |
| EPS ₹ | -5.02 | -8.37 | 0.18 | 10.06 | 11.50 | 0.35 | 3.99 | 4.99 |
| Operating cash flow | — | — | — | -317 | 687 | 169 | 116 | 5 |
| Capex | — | — | — | 8 | 1 | 32 | 10 | 17 |
| Dividend paid | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Total assets | — | — | — | — | 1,857 | 2,007 | 2,233 | 2,333 |
| Equity | — | — | — | — | -287 | -190 | -32 | 92 |
Quarterly performance
last 35 quarters · ₹ crore| MAR '17 | MAR '18 | JUN '18 | SEP '18 | DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 446 | 503 | 150 | 465 | 595 | 384 | 38 | 313 | 481 | 443 | 213 | 417 | 442 | 460 | 495 | 382 | 648 | 777 | 813 | 912 | 954 | 768 | 529 | 385 | 556 | 758 | 655 | 532 | 800 | 555 | 672 | 510 | 419 | 699 | 814 |
| Operating profit | 31 | 57 | -27 | -17 | 34 | -15 | -66 | -20 | 35 | 20 | -7 | 34 | 35 | 62 | 52 | 14 | 78 | 93 | 103 | 50 | 84 | 84 | -17 | 12 | 13 | 92 | 65 | 11 | 107 | -61 | 65 | 12 | -3 | 36 | 53 |
| Operating margin | 7.0% | 11.4% | -18.0% | -3.7% | 5.8% | -3.8% | -173.6% | -6.5% | 7.2% | 4.6% | -3.1% | 8.0% | 8.0% | 13.5% | 10.5% | 3.7% | 12.1% | 11.9% | 12.7% | 5.5% | 8.8% | 11.0% | -3.2% | 3.0% | 2.4% | 12.2% | 10.0% | 2.1% | 13.4% | -11.0% | 9.7% | 2.4% | -0.7% | 5.1% | 6.5% |
| Other income | 33 | 42 | 1 | 6 | 4 | 57 | 2 | 1 | 1 | 9 | 1 | 1 | 2 | 4 | 1 | 2 | 3 | 26 | 2 | 3 | 3 | 6 | 4 | 9 | 10 | 22 | 9 | 10 | 9 | 16 | 13 | 23 | 24 | 13 | 12 |
| Interest | 19 | 21 | 23 | 28 | 24 | 25 | 18 | 22 | 28 | 22 | 22 | 23 | 24 | 29 | 20 | 20 | 20 | 34 | 19 | 19 | 21 | 19 | 18 | 14 | 16 | 24 | 17 | 15 | 15 | 16 | 16 | 14 | 14 | 15 | 15 |
| Depreciation | 3 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 10 | 7 | 7 | 7 | 10 | 8 | 8 | 8 | -15 | 3 | 3 | 3 | 1 | 3 | 3 | 3 | 1 | 3 | 2 | 3 | 4 | 3 | 3 | 4 | 4 | 4 |
| Profit before tax | 41 | 72 | -55 | -44 | 8 | 11 | -87 | -47 | 2 | -3 | -34 | 4 | 6 | 27 | 25 | -11 | 53 | 100 | 83 | 31 | 64 | 71 | -34 | 3 | -52 | 95 | 54 | 3 | 99 | -64 | 59 | 17 | 4 | 23 | 46 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | -87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 20 | 7 | 13 | 24 | 0 | 0 | 0 | 6 | 14 | 2 | 24 | -12 | 15 | 4 | 1 | 2 | 11 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63 | 24 | 51 | 47 | -34 | 3 | -52 | 88 | 40 | 2 | 75 | -52 | 44 | 13 | 3 | 21 | 35 |
| EPS ₹ | 2.57 | 3.44 | -3.43 | -2.76 | 0.48 | 0.69 | -5.42 | -2.90 | 0.12 | -0.17 | -2.11 | 0.27 | 0.37 | 1.65 | 1.54 | -0.71 | 3.31 | 5.92 | 3.91 | 1.48 | 3.17 | 2.94 | -2.14 | 0.21 | -3.21 | 5.48 | 2.51 | 0.10 | 4.63 | -3.26 | 2.74 | 0.80 | 0.16 | 1.33 | 2.15 |
| Revenue YoY | — | 12.8% | — | — | — | -23.8% | -74.8% | -32.7% | -19.1% | 15.5% | 463.6% | 33.3% | -8.1% | 3.9% | 132.1% | -8.3% | 46.7% | 68.9% | 64.3% | 138.7% | 47.2% | -1.1% | -35.0% | -57.8% | -41.7% | -1.3% | 23.9% | 38.2% | 43.8% | -26.9% | 2.6% | -4.1% | -47.6% | 26.0% | 21.1% |
| Profit YoY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -154.6% | -86.0% | -201.2% | 86.6% | — | -52.8% | — | -159.4% | 8.8% | 719.6% | -96.6% | — | -21.5% |
Returns & margins
trailing-twelve-month, per quarter| DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 320.5% | 28.7% | 87.4% | 77.1% |
| ROCE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 29.5% | 30.5% | 27.1% | 17.3% | 15.0% | 4.7% | 6.0% | 12.3% | 11.8% | 22.1% | 9.9% | 10.1% | 28.2% | 12.4% | 22.2% | 20.4% |
| Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.4% | 2.8% | 4.0% | 5.4% | 2.8% | 2.6% | -1.6% | 0.2% | 3.4% | 3.1% | 7.5% | 2.5% | 2.7% | 3.1% | 0.3% | 3.5% | 2.9% |
| EBITDA margin | 2.8% | -1.5% | -4.3% | -5.0% | -5.4% | -2.4% | 1.9% | 5.3% | 5.4% | 8.1% | 10.1% | 9.2% | 10.4% | 10.3% | 11.0% | 10.3% | 9.6% | 9.3% | 6.4% | 6.2% | 4.1% | 4.5% | 7.8% | 7.3% | 10.0% | 4.8% | 4.8% | 4.9% | 0.6% | 4.8% | 4.0% |
| Debt / equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 23.64 | 23.64 | 6.90 | 6.90 |
| Interest coverage | 0.80 | 0.19 | -0.19 | -0.29 | -0.31 | -0.49 | 0.13 | 0.68 | 0.71 | 1.03 | 1.64 | 1.49 | 2.05 | 2.79 | 3.43 | 3.89 | 3.98 | 4.18 | 2.70 | 2.45 | 0.83 | 1.16 | 2.41 | 2.39 | 4.51 | 2.45 | 2.56 | 2.81 | 1.26 | 2.73 | 2.52 |
| Asset turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.59 | 1.74 | 1.86 | 1.70 | 1.47 | 1.25 | 1.11 | 1.17 | 1.23 | 1.35 | 1.14 | 1.15 | 1.22 | 1.04 | 0.99 | 1.05 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|
| Share capital | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 |
| Other equity / reserves | -549 | -449 | -390 | -352 | -213 | -194 | -137 | -70 |
| Total equity | -386 | -287 | -228 | -190 | -50 | -32 | 25 | 92 |
| Borrowings | 1,602 | 1,494 | 1,403 | 1,583 | 1,508 | 1,594 | 584 | 634 |
| Current liabilities | 2,246 | 2,019 | 1,870 | 2,041 | 1,960 | 2,138 | 1,925 | 2,095 |
| Non-current liabilities | 126 | 125 | 150 | 156 | 122 | 128 | 126 | 145 |
| Total assets | 1,985 | 1,857 | 1,792 | 2,007 | 2,032 | 2,233 | 2,077 | 2,333 |
| Property, plant & equipment | 183 | 190 | 185 | 198 | 193 | 199 | 193 | 209 |
| Capital work-in-progress | 15 | 13 | 22 | 21 | 22 | 20 | 23 | 27 |
| Investments | 337 | 337 | 455 | 455 | 525 | 525 | 525 | 575 |
| Inventories | 250 | 232 | 264 | 206 | 225 | 210 | 166 | 167 |
| Receivables | 989 | 504 | 187 | 321 | 216 | 383 | 1 | 472 |
| Cash & equivalents | 0 | 369 | 467 | 551 | 606 | 652 | 188 | 142 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | -317 | 687 | 169 | 116 | 5 |
| Cash from investing | 2 | 2 | -1 | 26 | 31 |
| Cash from financing | 265 | -320 | 14 | -52 | -34 |
| Capex | 8 | 1 | 32 | 10 | 17 |
| Free cash flow | -325 | 687 | 138 | 106 | -11 |
| Dividends paid | 0 | 0 | 0 | 0 | 0 |
Where the assets sit
Mar '26 · ₹ croreFixed assets (PPE)₹209 cr9%
CWIP₹27 cr1%
Investments₹575 cr25%
Inventories₹167 cr7%
Receivables₹472 cr20%
Cash & equivalents₹142 cr6%
Other assets₹740 cr32%
Peer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Madras Fertilizers Limited | 893 | 55.46 | 12.6 | 9.71 | 77.1% |
StoxGud checklist: Neutral setup · 4/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month-5.8%
6 months-20.9%
1 year-32.0%
3Y CAGR-10.7%
5Y CAGR+13.7%
10Y CAGR+14.4%
50-day avg₹59.31
200-day avg₹65.76
RSI (14)40
FAQs
What is the share price of Madras Fertilizers Limited?
Madras Fertilizers Limited (MADRASFERT) closed at ₹55.46 on NSE on 06 Nov 2026.
What is the market cap of Madras Fertilizers Limited?
₹893 crore at the latest close.
What is the P/E ratio of Madras Fertilizers Limited?
12.6, on trailing-twelve-month earnings from its filings.
How fast is Madras Fertilizers Limited growing?
Madras Fertilizers Limited: revenue has compounded at -12.6% a year over three years; net profit at -24.3% a year. Latest-quarter revenue is up 21.1% year on year, profit down 21.5%.
How profitable is Madras Fertilizers Limited?
On a trailing-twelve-month basis return on equity is 77.1%, return on capital employed 20.4%, operating margin 4.0%, net margin 2.9%.
How much debt does Madras Fertilizers Limited have?
Madras Fertilizers Limited is highly geared: debt to equity is 6.90 with borrowings of ₹634 cr against cash of ₹142 cr (balance sheet of 2026-03-31). Operating profit covers interest 2.5 times.
Financials parsed from Madras Fertilizers Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '17, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.
Madras Fertilizers Limited · advanced chart