Rashtriya Chemicals & Fertilizers Limited
₹93.65-₹3.00 (-3.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹7,577 Cr
- P/E
- 24.5x
- EV / EBITDA
- 12.9x
- Revenue
- ₹16,934 Cr
- Net margin
- 1.3%
- ROCE
- 6.6%
Price chart
Technical chartScreen technicals →-38.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -14.9%
- 3M
- -25.3%
- 6M
- -27.5%
- 1Y
- -38.2%
- 5Y
- +19.1%
52-week range
Day change -₹3.00 (-3.1%) from ₹97 to ₹94 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in RCF, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 30.0%
Concerns1
- Low return on equity of 4.9%
Rule-based from financial data. Not advice.
About the company
Rashtriya Chemicals and Fertilizers Limited manufactures, markets, and sells fertilizers and industrial chemicals in India. The company operates through Fertilizers, Industrial Chemicals, and Trading segments.
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Rashtriya Chemicals and Fertilizers Limited manufactures, markets, and sells fertilizers and industrial chemicals in India. The company operates through Fertilizers, Industrial Chemicals, and Trading segments. It offers various fertilizers, including Suphala 15:15:15, a NPK fertilizer; Urea, a nitrogenous fertilizer; Biola, a bio-fertilizer; Sujala, a water-soluble fertilizers; Microla micronutrients fertilizer; Vipula, a suspension NPK fertilizers; and Geola, a revolutionary biofertilizer product with NPK bacterial consortia in lyophilized form, as well as water pH balancer, soluble silicon fertilizer, organic growth stimulant, phosphate rich organic manure, and PDM-Potash. The company also provides industrial chemicals, such ammonium nitrate melt, ammonia, ammonium, ammonium bicarbonate, dilute nitric acid, nitric acid, methylamines, sulphuric acid, argon, nitrogen, dimethyl acetamide, phosphoric acid, sodium nitrate/nitrite, methanol, gypsum, chalk, etc., as well as mono, die, and tri methyl amine. In addition, it involved in agriculture extension activities, such as soil sample analysis and farmer training services; printing and distribution of RCF Sheti Patrika for farmers; and development of drone hubs. Further, the company organize broadcasting of farming related community radio programs, including Samrudha Shetitun Vikasit Bharat. Rashtriya Chemicals and Fertilizers Limited was incorporated in 1978 and is based in Mumbai, India.
- Sector
- Materials
- Shares outstanding
- 55.3 Cr shares
- ISIN
- INE027A01015
- BSE code
- 524230
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹7,577 Cr
- P/E
- 24.5x
- P/B
- 1.5x
- EV / EBITDA
- 12.9x
- EV / Sales
- 0.6x
- P/S
- 0.4x
- Earnings yield
- 4.1%
- 52-week high
- ₹152.75
- 52-week low
- ₹93.65
Profitability
- Operating margin
- 3.1%
- Net margin
- 1.3%
- EBITDA margin
- 4.3%
- ROE
- 4.9%
- ROCE
- 6.6%
- ROA
- 2.0%
- Dividend payout
- 30.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 67.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹16,934 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -0.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹727 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -57.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 6.1%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹422 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -153.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹831 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.9%
Solvency and efficiency
- Current ratio
- 2.38
- Debt / Equity
- 0.71
- Debt / Assets
- 0.29
- Debt / EBITDA
- 4.54
- Interest coverage
- 2.75
- Financial leverage
- 2.49
- CFO / Net profit
- -1.85
- Cash / Market cap
- 98.9%
- Cash per share
- ₹135.55
- Asset turnover
- 1.48
- Fixed asset turnover
- 6.64
- Capital intensity
- 0.15
- Debtor days
- 76 days
- Inventory turnover
- 3.84
- Cash conversion cycle
- 101 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹1 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹16,253 Cr |
| Sales | Operating profit | ₹681 Cr |
| Operating profit | Interest | ₹259 Cr |
| Operating profit | Depreciation | ₹263 Cr |
| Operating profit | Profit before tax | ₹159 Cr |
| Other income | Profit before tax | ₹169 Cr |
| Profit before tax | Tax and other | ₹86 Cr |
| Profit before tax | Net profit | ₹242 Cr |
Revenue and net profit
Revenue fell 0.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹8,281 Cr | ₹382 Cr |
| FY2022 | ₹12,812 Cr | ₹704 Cr |
| FY2023 | ₹21,452 Cr | ₹967 Cr |
| FY2024 | ₹16,981 Cr | ₹228 Cr |
| FY2025 | ₹16,934 Cr | ₹242 Cr |
Cash flows
FY2025: ₹2,364 Cr from operations, ₹1,683 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹5,211 Cr | ₹4,601 Cr |
| FY2022 | -₹592 Cr | -₹971 Cr |
| FY2023 | ₹787 Cr | ₹471 Cr |
| FY2024 | -₹422 Cr | -₹886 Cr |
| FY2025 | ₹2,364 Cr | ₹1,683 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹16,934 Cr-0.3%1Y
- Net profit
- ₹242 Cr+6.1%1Y
- Cash from operations
- ₹2,364 Cr
- Free cash flow
- ₹1,683 Cr
- Revenue CAGR, 5Y
- 11.9%
- EBITDA CAGR, 5Y
- 3.4%
- Net profit CAGR, 5Y
- 1.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹16,934 Cr | ₹681 Cr | — | ₹242 Cr | ₹2,364 Cr | ₹1,683 Cr | 5.1% | -0.3% | +6.1% |
Monthly returns
Month-by-month returns of RCF across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹11,290 Cr |
| Equity capital | ₹552 Cr |
| Reserves | ₹4,203 Cr |
| Borrowings | ₹2,762 Cr |
| Other liabilities | ₹3,772 Cr |
| Assets | ₹11,290 Cr |
| Fixed assets | ₹2,905 Cr |
| Capital work in progress | ₹579 Cr |
| Investments | ₹1,105 Cr |
| Other assets | ₹6,700 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
RCF trades at 24.5x earnings against a peer median of 35.5x (a 31% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Rashtriya Chemicals & Fertilizers LimitedRCFthis companyP/E ↓ discount | ₹7,577 Cr | 24.5x | 1.5x | 4.9% | 12.9x |
| Alkyl Amines Chemicals Ltd.ALKYLAMINE | ₹8,244 Cr | 45.2x | 5.7x | 11.8% | 30.7x |
| Ashapura Minechem LtdASHAPURMIN | ₹8,147 Cr | 57.9x | 20.5x | 83.4% | 46.1x |
| Birla Corporation Ltd.BIRLACORPN | ₹8,110 Cr | 28.4x | 1.4x | 3.5% | 14.0x |
| Kirloskar Ferrous Industries Ltd.KIRLFER | ₹7,675 Cr | 22.2x | 2.1x | 9.9% | 10.2x |
| Sharda Cropchem LimitedSHARDACROP | ₹7,330 Cr | 17.9x | 3.0x | 6.5% | 14.7x |
| Sudarshan Chemical Indus. Ltd.SUDARSCHEM | ₹7,154 Cr | 36.2x | 3.0x | 30.3% | 12.1x |
| Elantas Beck India LtdELANTAS | ₹7,067 Cr | 51.2x | 7.6x | — | — |
| Gujarat Narmada Valley Fert.Co.LtdGNFC | ₹6,959 Cr | 11.2x | 0.8x | 5.9% | 6.3x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
RCF since 1 January, against earlier years.
Historical volatility
RCF's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 9.0% |
| FY2022 | 8.0% |
| FY2023 | 7.0% |
| FY2024 | 3.0% |
| FY2025 | 4.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹16,934 Cr |
| Costs | |
| Interest | ₹259 Cr |
| Expenses | ₹16,253 Cr |
| Operating profitOperating Profit | ₹681 Cr |
| Other income and charges | |
| Profit before tax | ₹328 Cr |
| Tax | |
| Net profitNet Profit | ₹242 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹11,290 Cr |
| Equity capitalEquity Capital | ₹552 Cr |
| Reserves | ₹4,203 Cr |
| Borrowings | ₹2,762 Cr |
| Other liabilitiesOther Liabilities | ₹3,772 Cr |
| AssetsTotal Assets | ₹11,290 Cr |
| Fixed assetsFixed Assets | ₹2,905 Cr |
| Capital work in progressCWIP | ₹579 Cr |
| Investments | ₹1,105 Cr |
| Other assetsOther Assets | ₹6,700 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹2,364 Cr |
| Investing cash flowCash from Investing Activity | -₹681 Cr |
| Financing cash flowCash from Financing Activity | -₹853 Cr |
| Change in cashNet Cash Flow | ₹831 Cr |
Learn while you research
Academy chapters picked for Rashtriya Chemicals & Fertilizers Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read