Natl.Fertilizer Share Price ₹66.8 | P/E 9.2

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Natl.Fertilizer

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	6,257	5,048	5,660	7,584	5,284	5,092	4,390	5,856	4,457	3,534	6,763	6,870	4,347
Expenses +	6,590	5,060	5,714	7,266	4,905	4,985	4,265	5,710	4,222	3,453	6,660	6,574	4,026
Operating Profit	-333	-12	-55	318	379	107	125	146	234	81	103	296	321
OPM %	-5%	-0%	-1%	4%	7%	2%	3%	2%	5%	2%	2%	4%	7%
Other Income +	179	34	58	25	55	53	37	47	62	9	15	59	46
Interest	84	104	39	50	74	90	60	41	35	46	55	72	77
Depreciation	89	87	90	92	92	91	93	94	95	96	99	110	100
Profit before tax	-326	-169	-127	201	268	-21	9	57	167	-52	-36	172	190
Tax %	-28%	-28%	-31%	25%	23%	-59%	-35%	19%	19%	-24%	-0%	22%	20%
Net Profit +	-236	-121	-87	151	208	-9	12	46	135	-39	-36	135	152
EPS in Rs	-4.81	-2.48	-1.78	3.08	4.23	-0.18	0.25	0.93	2.75	-0.80	-0.73	2.76	3.09

Financials of Natl.Fertilizer

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	8,514	7,757	7,600	8,943	12,429	13,135	11,906	15,857	29,587	23,556	19,798	21,514
Expenses +	8,130	7,197	7,041	8,404	11,417	12,283	11,001	15,469	28,509	22,939	19,182	20,681
Operating Profit	385	560	559	539	1,012	852	904	388	1,077	617	615	834
OPM %	5%	7%	7%	6%	8%	6%	8%	2%	4%	3%	3%	4%
Other Income +	37	45	45	62	52	-331	33	26	195	196	203	96
Interest	304	231	193	192	320	409	294	137	308	277	233	249
Depreciation	73	87	85	73	285	374	312	335	353	362	373	405
Profit before tax	45	287	325	335	459	-263	331	-58	612	174	212	275
Tax %	41%	31%	36%	36%	36%	-31%	28%	63%	25%	14%	13%	23%
Net Profit +	26	197	208	213	294	-181	237	-95	458	150	184	211
EPS in Rs	0.53	4.02	4.24	4.34	5.99	-3.69	4.83	-1.94	9.34	3.06	3.75	4.31
Dividend Payout %	32%	30%	0%	0%	31%	-26%	0%	0%	30%	9%	42%	0%

Financials of Natl.Fertilizer

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	491	491	491	491	491	491	491	491	491	491	491	491
Reserves	990	1,199	1,334	1,495	1,720	1,412	1,650	1,589	2,051	2,055	2,225	2,350
Borrowings +	7,645	6,124	4,135	3,061	6,464	8,103	1,892	3,172	3,993	4,091	2,001	3,964
Other Liabilities +	4,332	4,207	4,223	4,582	5,231	4,561	4,382	5,244	6,002	4,563	4,599	4,920
Total Liabilities	13,458	12,019	10,182	9,628	13,905	14,565	8,414	10,496	12,536	11,199	9,316	11,724
Fixed Assets +	4,443	4,259	4,059	4,080	3,993	3,726	3,615	4,230	3,969	3,831	3,694	3,534
CWIP	39	33	51	64	133	656	862	138	178	242	172	161
Investments	0	23	152	217	265	323	416	257	259	336	443	496
Other Assets +	8,975	7,705	5,921	5,268	9,513	9,861	3,520	5,870	8,131	6,791	5,007	7,534
Total Assets	13,458	12,019	10,182	9,628	13,905	14,565	8,414	10,496	12,536	11,199	9,316	11,724

Financials of Natl.Fertilizer

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	304	1,848	2,453	1,661	-2,703	-319	7,021	-1,029	-333	668	2,590	-1,342
Cash from Investing Activity +	-89	-87	-201	-346	-310	-810	-497	-129	-206	-334	-268	-263
Cash from Financing Activity +	-214	-1,760	-2,250	-1,314	3,022	1,132	-6,505	1,145	526	-318	-2,334	1,643
Net Cash Flow	1	2	1	1	9	3	20	-14	-13	16	-12	37
Free Cash Flow	212	1,771	2,364	1,364	-2,969	-1,075	6,607	-1,322	-540	386	2,418	-1,564
CFO/OP	79%	340%	452%	325%	-258%	-32%	779%	-252%	-18%	109%	410%	-156%

Financials of Natl.Fertilizer

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	216	226	205	160	210	215	81	65	51	63	60	92
Inventory Days	25	49	63	45	90	67	25	90	57	41	28	29
Days Payable	15	31	44	42	35	47	42	58	33	31	46	39
Cash Conversion Cycle	225	244	224	163	265	235	64	97	75	72	42	81
Working Capital Days	30	30	29	29	28	8	4	3	7	-3	0	0
ROCE %		6%	8%	9%	11%	6%	9%	2%	16%	7%	8%	9%

Indogulf Cropsciences Ltd (Q1 FY27)
1800+ crores within 2-3 years. Key concall takeaways from Indogulf Cropsciences Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.
Gujarat State Fertilizers & Chemicals Ltd (Q1 FY27)
Profit after tax increased by 15% YoY in Q1 FY27, signaling positive growth trajectory. Key concall takeaways from Gujarat State Fertilizers & Chemicals Ltd's…
GSP Crop Science Ltd (Q1 FY27)
Capacity utilization indicates room for growth: 70-75% for technical and 25-30% for formulations. Key concall takeaways from GSP Crop Science Ltd's Q1 FY27…
Sharda Cropchem Ltd (Q4 FY25)
Globally, the company’s current 4%-5% global market share offers scope to increase, meaning a 1% global share gain equates to 20%-25% volume growth for them…

Natl.Fertilizer Share Price & Earnings Call Analysis