RCFChemicals

Rashtriya Chemicals and Fertilizers Limited

Fertilizers · ISIN INE027A01015 · BSE 524230 · NSE EQ · FV ₹10
Last price
₹110
+0.98%today
What this company does

Rashtriya Chemicals and Fertilizers Limited operates in Fertilizers, part of the Chemicals sector. It booked ₹3,586 cr of revenue in its latest quarter (Q1 FY27) and kept 2.1% of sales as profit. It is the 6th largest of 9 Fertilizers companies we track, by market value.

In the report:
36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 35–44 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
30

At close. Not part of the score.

Profitability & returns15

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality21

Whether reported profit actually arrives as cash

Growth & consistency31

Whether sales and profit have grown, and how steadily

Valuation72

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 6% vs last year
Profit up 35% vs last year
Promoters hold 75%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 2.1% net margin
! Low 5.7% return on equity

What if I invest in RCF?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹110 +0.98%
latest close · 2026-09-17
1-year return
+53.9%
52-wk low ₹6652-wk high ₹130
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio20.6Average
LowAverageHigh
P/B ratio1.18Moderate
Below bookModerateHigh
EV / EBITDA9.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.7%Weak
WeakFairStrong ▸15%
Return on capital9.2%Fair
WeakFairStrong
Net margin2.1%Thin
ThinDecentStrong
EBITDA margin7.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.80Moderate
LowModerateHigh ▸1
Interest cover2.4×Okay
RiskyOkayStrong ▸5×
Current ratio1.17Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹6,060 cr
Book value
₹93
EPS
₹1.33
latest quarter
Net debt
₹3,990 cr
owes more than its cash
Enterprise value
₹10,049 cr
EBITDA
₹1,022 cr
annualised
EBIT
₹691 cr
annualised
Operating margin
4.8%
Return on assets
1.8%
Earnings yield
4.84%
P/S
0.42
Sales / share
₹260.0
Tax rate
27.3%
Face value
₹10
Shares
55.2 cr
Working capital
₹1,519 cr
Current assets
₹10,726 cr
Current liabilities
₹9,206 cr
Delivery %
43.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹49₹59, midpoint ₹54

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹3,586 cr
Other Income₹35 cr
Total Income₹3,621 cr
Cost of Materials₹1,735 cr
Purchases of Stock-in-Trade₹467 cr
Inventory Change (±)₹-515 cr
Employee Benefit Expense₹159 cr
Finance Costs₹71 cr
Depreciation & Amortisation₹83 cr
Other Expenses₹1,519 cr
Total Expenses₹3,519 cr
Profit before Tax₹102 cr
Tax Expense₹28 cr
Share of JV / Associates₹-76 L
Net Profit₹74 cr
Net margin on total income2.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,687 cr46.6%
Employee benefit expense₹159 cr4.4%
Finance costs₹71 cr2.0%
Depreciation & amortisation₹83 cr2.3%
Other expenses₹1,519 cr42.0%
Tax expense₹28 cr0.8%
Profit for the period₹74 cr2.0%
Total income ₹3,621 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,236 cr5,581 cr3,586 cr
Total income4,289 cr5,649 cr3,621 cr
Expenses4,170 cr5,416 cr3,519 cr
Profit before tax118 cr278 cr102 cr
Tax37 cr89 cr28 cr
Net profit (owners' share)81 cr187 cr74 cr
Net margin (owners' share, on revenue)1.9%3.3%2.1%
EPS (₹)1.473.381.33
YoY (latest quarter): total income +6.2% · net profit +35.1%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹16,701 cr
Shareholder equity
₹5,121 cr
parent shareholders
Total debt
₹4,113 cr
Cash
₹124 cr
Cash flow · H1 FY26
Operating
₹1,293 cr
Investing
₹-1,067 cr
Financing
₹-141 cr
Peer comparison
Fertilizers · by market value
CompanyPriceMarket capP/E
Coromandel International Limited₹1,930₹56,929 cr37.3
Fertilizers and Chemicals Travancore Limited₹760₹49,164 cr
Chambal Fertilizers & Chemicals Limited₹414₹16,583 cr7.9
Paradeep Phosphates Limited₹154₹15,968 cr10.2
Gujarat State Fertilizers & Chemicals Limited₹152₹6,068 cr9.6
Rashtriya Chemicals and Fertilizers Limitedthis company₹110₹6,060 cr20.6
National Fertilizers Limited₹67₹3,279 cr7.2
Southern Petrochemicals Industries Corporation Limited₹67₹1,363 cr5.7
Madras Fertilizers Limited₹61₹985 cr7.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.11%
trailing 12 months
Dividend / share (TTM)
₹2.32
Last dividend
₹1
ex 20 Feb 2026
ActionDetailEx-date
Dividend₹1 / share20 Feb 2026
Dividend₹1.32 / share10 Oct 2025
Dividend₹1.24 / share23 Sep 2024
Dividend₹3.7 / share13 Dec 2023
Dividend₹1.6 / share15 Dec 2022
Dividend₹2.5 / share15 Dec 2022
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
2.4%
DII / Domestic
0.3%
Retail / others
22.3%
Smart-money activity
Insider trades
SoldThe President of India(Acting through the Ministry of Chemicals and Fertilizers) · Promoters55.17 L · ₹41.3 cr30 Jun 17
SoldThe President of India( Acting through the Ministry of Chemicals and Fertilizers) · Promoters2.21 cr · ₹163.8 cr29 Jun 17
Bulk / block deals
short · NSE1763 Sep 26
short · NSE11 Sep 26
short · NSE1,05026 Aug 26
Stake changes
SoldThe President of India, acting through the Ministry of Chemicals and Fertilizers, Government of India · promoter→ 75.00% · 55.17 L30 Jun 17
SoldThe President of India, acting through the Ministry of Chemicals and Fertilizers, Government of India · promoter→ 76.00% · 2.21 cr29 Jun 17
What shareholders were asked to approve
16 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Oct 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025, including Profit & Loss Statement for the year ended March 31, 2025 and Balance Sheet as at that date together with the Reports of Directors and Independent Statutory Auditors and comments thereon of the Comptroller and Auditor General of India.
Backed by 100% of shareholders other than promotersneeded 50%
1.09 cr votes for, 6,021 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 1.32 per equity share for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
1.10 cr votes for, 6,818 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Ms Nazhat J. Shaikh [DIN:07348075], who retires by rotation and being eligible, offers herself for reappointment
⚑ Passed only because promoters voted yes
Backed by 18% of shareholders other than promotersneeded 50%
20.09 L votes for, 90.08 L against · 82% of mutual funds and other big investors said no
4
To appoint a Director in place of Ms Ritu Goswami [DIN: 10463372] who retires by rotation and being eligible, offers herself for reappointment
⚑ Passed only because promoters voted yes
Backed by 19% of shareholders other than promotersneeded 50%
20.94 L votes for, 89.24 L against · 82% of mutual funds and other big investors said no
8
To re-appoint Shri S. C. Mudgerikar [DIN 03498837] , as Chairman &Managing Director of the Company
⚑ Passed only because promoters voted yes
Backed by 18% of shareholders other than promotersneeded 50%
20.19 L votes for, 89.99 L against · 83% of mutual funds and other big investors said no
9
To appoint Shri Niranjan S. Sonak [DIN: 10926090], as Director (Marketing) of the Company
⚑ Passed only because promoters voted yes
Backed by 19% of shareholders other than promotersneeded 50%
21.23 L votes for, 88.95 L against · 82% of mutual funds and other big investors said no
10
To appoint Ms Aparna S. Sharma [DIN: 07798544], as Government Nominee Director of the Company
⚑ Passed only because promoters voted yes
Backed by 16% of shareholders other than promotersneeded 50%
17.92 L votes for, 92.25 L against · 85% of mutual funds and other big investors said no
12
To appoint Prof Anjula Murmu [DIN 09565841], as an Independent Director of the Company
⚑ Passed only because promoters voted yes
Backed by 23% of shareholders other than promotersneeded 75%
25.38 L votes for, 84.80 L against · 78% of mutual funds and other big investors said no
13
To appoint Shri Partha Sarathi Ghosh [DIN 09517108], as an Independent Director of the Company
⚑ Passed only because promoters voted yes
Backed by 23% of shareholders other than promotersneeded 75%
25.63 L votes for, 84.55 L against · 78% of mutual funds and other big investors said no
15
To appoint Ms Sipra Bajpai (DIN 11287685) as an Independent Director of the Company
⚑ Passed only because promoters voted yes
Backed by 23% of shareholders other than promotersneeded 75%
25.61 L votes for, 84.57 L against · 78% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 75.0% between them · as of 2026-06-30
President of India75.00%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.