National Fertilizer Ltd
National Fertilizer Ltd (NFL)

National Fertilizer Ltd (NFL)

₹49.71.69%

Key Stats

₹49.3
Day's Price Range
₹53.25
₹38.2
52-Week Price Range
₹65.3
1 Month Return15.27 %
3 Month Return10.49 %
1 Year Return-13.22 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 258
-26.06
EPS
Rank 264
₹-1.94
BVPS
Rank 197
₹43.63
Dividend Yield
Rank 176
ROE
Rank 208
12.2%
Price To Book Ratio
1.15
Debt To Asset
Rank 44
0.74

Company Information

National Fertilizers Ltd NFL was promoted by the Government of India in 1974 to set up fuel oilbased urea plants at Panipat Haryana and Bhatinda Punjab. Later NFL took over Fertilizer Corporation of Indias plant at Nangal Punjab and set up a natural gasbased urea plant at Vijaipur. After disinvestment the governments stake has come down to 97.65.The Company is engaged in producing and marketing of Neem Coated Urea BioFertilizers solid liquid and other allied Industrial products like Ammonia Nitric Acid Ammonium Nitrate Sodium Nitrite and Sodium Nitrate. The Company is also engaged in trading of Imported and Fertilizers Compost Seeds Agro Chemicals and other Agro products.NFL has the countrys second largest capacity for urea after the cooperative IFFCO. All the urea capacities located in the highdemand areas of Punjab Haryana and Madhya Pradesh are with NFL.In 20002001 the company went into expansion programme by constructing testing and commissioning of the prilling tower. The plant has gone into commercial production on 1st February 2001. With this expansion the total urea plants installed capacity was increased 450 MTPD. The total completion cost was Rs.135.13 crores.NFL is considering setting up a naptha/LNG based ammoniaurea complex 2200 tpd urea at Panipat pending approval from the government. A new project on integrated Plant Nutrient Supply system has been undertaken in Malwa region during 200102. The project envisages use of all available resources of nutrient supply for crop production and reducing the burden of chemicals on soil to retain and sustain its productivity.NFL has its units in Nangal which produces Calcium Ammonium Nitrate CAN Urea and Methanol Panipat unit Bathinda unit and Vijaipur Unit I II produce Urea. Neem coated urea is being produced at all the units. CAN plant at Nangal have been stopped with effect from 1st April 2005. The company also produces industrial products like Sulphur Methanol Nitric acid etc. Further the company has a 600 tonnes per annum biofertilizers plant at Vijaipur where they produce three strains of biofertilizers namely Phosphate Solubilising Bacteria PSB Rhizobium and Azotobacter.During FY 201516 the company has completed installation of Purge Gas Recovery Plant at VijaipurII with an investment of Rs 29 crore to reduce energy consumption and enhancement of Ammonia production. This has also been commissioned in the month of July 2016.During the year 201617 87 and 85 demonstrations of Bio fertilizers and City Compost respectively were carried out at farmers field to demonstrate the effect of Bio fertilizers and City Compost on crop growth and yield as compared to farmers own practices. These demonstrations are being carried out on longterm basis.During the year 201617 more than 30000 soil samples were analyzed for major and micronutrients and recommendations given through six static and four mobile soil testing laboratories. NFL has also upgraded its Soil Testing Labs at Barabanki and Nangal by installation of Atomic Absorption Spectrophotometer AAS for micronutrient analysis.NFL in association with Engineers India Limited EIL and Fertilizer Corporation of India FCIL have formed a Joint Venture JV Company as Ramagundam Fertilizers Chemicals Limited RFCL to revive the old FCIL plant at Ramagundam with annual installed capacity of 12.71 LMT of Urea and with a total estimated project cost of Rs 5254 crore. The foundation stone laying ceremony of the Ramagundam Plant was held on 07 August 2016 through the hands of Honble Prime Minister. JV Company was formed with initial equity participation of 26 each of NFL and EIL and 11 of FCIL. Later on Government of Telangana was inducted for 11 equity. For remaining untied equity portion process of inducting HTAS consortium for equity participation of 11.7 and GAIL for 14.3 is under finalization by RFCL.In order to meet the demand of Bentonite Sulphur to address the issue of Sulphur deficiency in soil and to improve the top bottom line company has commissioned a Bentonite Sulphur plant of 25000 MTPA Capacity in December 2017 at Panipat Unit. After commissioning 718 MT of Bentonite Sulphur was produced during 201718 out of that 254 MT dispatched sold.
OrganisationNational Fertilizer Ltd
HeadquartersNew Delhi
IndustryFertilizers