Date: 28 Feb 2024

Fertilizers

Sector	Market Cap	No of Companies
Fertilizers	134064.66	28

 

NetWorth	39902.32	TTM Sales	126043.60	TTM Sales Var (%)	-14.47
Debt	16908.75	TTM OP	5439.00	TTM NP Var (%)	-54.98
Capital Employed	62175.69	TTM OPM (%)	5.92	EV/TM Sales	1.06
Net Block	26485.78	TTM PATM (%)	1.84	EV/TTM EBITDA	25.19
Current Assets	48343.76	Debt / Equity	0.42	P/E	57.78
ROCE (%)	21.66	RONW (%)	5.81	P/B	3.36

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

	28 Feb 2024	31 Jan 2023	31 Jan 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	134064.66	90306.99	70043.61	48.45	91.4
Total Marketcap	38849922.4	27157567.18	25408087.59	43.05	52.9
Sector's share	0.35	0.33	0.28	0.02	0.07
Sector No of companies	28	26	24	2	4
Total Listed companies	4541	4248	4096	293	445
Sector's share	0.62	0.61	0.59	0.01	0.03
Nifty 50	21951.15	21725.7	17303.95	1.04	26.86

 

Gainers
Company Name	28/02/2024	25/01/2024	Var%
Bharat Agri Fert	111.30	82.38	35.11
Aries Agro	277.10	229.45	20.77
Indra Industries	8.21	7.36	11.55
S P I C	88.17	86.29	2.18
Losers
Company Name	28/02/2024	25/01/2024	Var%
G S F C	218.70	307.15	-28.80
Natl.Fertilizer	96.50	125.61	-23.17
R C F	141.10	182.30	-22.60
Phosphate Co	164.90	205.00	-19.56
Madras Fertilize	96.25	119.40	-19.39

 

During the month of February 2024, Fertilizers sector’s Marketcap increased 48.45% to Rs 134064.66 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 0.35% in February 2024 from 0.33% in January 2023 and 0.28% in January 2022.

In terms of price appreciation in the sector, there were 4 gainers and 19 losers in the month of Feb 2024. The gainers accounted for 14.29% of sector companies, losers accounted for 67.86% of sector companies, while 5% remained unchanged.

The top 3 gainers were Bharat Agri Fert (35.11% gain), Aries Agro (20.77% gain) and Indra Industries (11.55% gain).

The 3 losers at the bottom were G S F C (-28.80% fall), Natl.Fertilizer (-23.17% fall) and R C F (-22.60% fall).

During the month Gujarat State Fertilizers & Chemicals Ltd, Mangalore Chemicals & Fertilizers Ltd, Southern Petrochemicals Industries Corporation Ltd, Bharat Agri Fert & Realty Ltd, M P Agro Industries Ltd, Rama Phosphates Ltd, Khaitan Chemicals & Fertilizers Ltd, Rashtriya Chemicals & Fertilizers Ltd, Fertilizers & Chemicals Travancore Ltd, Chambal Fertilisers & Chemicals Ltd, Welterman International Ltd, Basant Agro Tech (India) Ltd, Asian Fertilizers Ltd, Shiva Global Agro Industries Ltd, Madras Fertilizers Ltd, Indra Industries Ltd, Belsund Sugar & Industries Ltd, National Fertilizer Ltd, Paradeep Phosphates Ltd, Aries Agro Ltd, The Phosphate Company Ltd, Rampur Fertilizers Ltd, Krishana Phoschem Ltd, Bohra Industries Ltd, Nagarjuna Fertilizers & Chemicals Ltd, Madhya Bharat Agro Products Ltd, Zuari Agro Chemicals Ltd, Agro Phos India Ltd and Nova Agritech Ltd announced their results. Of these Chambal Fertilisers & Chemicals Ltd, Aries Agro Ltd and Nova Agritech Ltd reported rise in net profit attributable to shareholders. Companies like National Fertilizer Ltd, Gujarat State Fertilizers & Chemicals Ltd, Paradeep Phosphates Ltd, Mangalore Chemicals & Fertilizers Ltd, Fertilizers & Chemicals Travancore Ltd, Southern Petrochemicals Industries Corporation Ltd, Rashtriya Chemicals & Fertilizers Ltd, Krishana Phoschem Ltd, The Phosphate Company Ltd, Madhya Bharat Agro Products Ltd, Asian Fertilizers Ltd and M P Agro Industries Ltd reported fall in net profit attributable to shareholders.

Basant Agro Tech (India) Ltd, Agro Phos India Ltd, Shiva Global Agro Industries Ltd, Khaitan Chemicals & Fertilizers Ltd, Rama Phosphates Ltd and Madras Fertilizers Ltd reported profit to loss.

During the month Coromandel International Ltd, Gujarat State Fertilizers & Chemicals Ltd, Mangalore Chemicals & Fertilizers Ltd, Southern Petrochemicals Industries Corporation Ltd, Bharat Agri Fert & Realty Ltd, M P Agro Industries Ltd, Rama Phosphates Ltd, Khaitan Chemicals & Fertilizers Ltd, Rashtriya Chemicals & Fertilizers Ltd, Fertilizers & Chemicals Travancore Ltd, Teesta Agro Industries Ltd, Chambal Fertilisers & Chemicals Ltd, Welterman International Ltd, Basant Agro Tech (India) Ltd, Asian Fertilizers Ltd, Shiva Global Agro Industries Ltd, Madras Fertilizers Ltd, Indra Industries Ltd, National Fertilizer Ltd, Paradeep Phosphates Ltd, Aries Agro Ltd, The Phosphate Company Ltd, Krishana Phoschem Ltd, Bohra Industries Ltd, Nagarjuna Fertilizers & Chemicals Ltd, Madhya Bharat Agro Products Ltd, Zuari Agro Chemicals Ltd, Agro Phos India Ltd and Nova Agritech Ltd filed their shareholding patterns.

FIIs increased their shareholding in Nova Agritech Ltd from 0.00% to 7.20%, National Fertilizer Ltd from 0.39% to 1.10%, Zuari Agro Chemicals Ltd from 1.02% to 1.58%, Coromandel International Ltd from 7.19% to 7.71%, Mangalore Chemicals & Fertilizers Ltd from 1.11% to 1.61%, Chambal Fertilisers & Chemicals Ltd from 13.40% to 13.89%, Rashtriya Chemicals & Fertilizers Ltd from 2.55% to 2.92%, Aries Agro Ltd from 2.10% to 2.38%, Khaitan Chemicals & Fertilizers Ltd from 0.01% to 0.11% and Southern Petrochemicals Industries Corporation Ltd from 0.39% to 0.45%. FIIs reduced their shareholding in Paradeep Phosphates Ltd from 5.57% to 5.08% and Gujarat State Fertilizers & Chemicals Ltd from 20.69% to 19.81%.

DIIs increased their shareholding in Nova Agritech Ltd from 0.00% to 1.59%, Gujarat State Fertilizers & Chemicals Ltd from 2.57% to 3.12% and Fertilizers & Chemicals Travancore Ltd from 0.02% to 0.03%. DIIs reduced their shareholding in Coromandel International Ltd from 20.63% to 19.63%, National Fertilizer Ltd from 9.90% to 8.50%, Paradeep Phosphates Ltd from 23.56% to 22.03% and Chambal Fertilisers & Chemicals Ltd from 9.33% to 6.67%.

Promoters increased their shareholding in Krishana Phoschem Ltd from 66.28% to 69.88%, Madhya Bharat Agro Products Ltd from 74.24% to 74.54% and Chambal Fertilisers & Chemicals Ltd from 60.56% to 60.70%. Promoters reduced their shareholding in Bohra Industries Ltd from 47.07% to 27.13% and Nova Agritech Ltd from 84.27% to 59.39%.

During the month Annual reports of Adarsh Chemicals & Fertilisers Ltd, Coromandel International Ltd, Gujarat State Fertilizers & Chemicals Ltd, Mangalore Chemicals & Fertilizers Ltd, Southern Petrochemicals Industries Corporation Ltd, Bharat Agri Fert & Realty Ltd, M P Agro Industries Ltd, Rama Phosphates Ltd, Khaitan Chemicals & Fertilizers Ltd, Rashtriya Chemicals & Fertilizers Ltd, Fertilizers & Chemicals Travancore Ltd, Teesta Agro Industries Ltd, Chambal Fertilisers & Chemicals Ltd, Welterman International Ltd, Basant Agro Tech (India) Ltd, Asian Fertilizers Ltd, Shiva Global Agro Industries Ltd, Madras Fertilizers Ltd, T Stanes & Company Ltd, Indra Industries Ltd, National Fertilizer Ltd, Krishak Bharati Co-operative Ltd, Fertilizer Corporation Of India Ltd, Hindustan Fertilizer Corporation Ltd, Paradeep Phosphates Ltd, Indian Farmers Fertilizer Cooperative Ltd, Aries Agro Ltd, The Phosphate Company Ltd, Rampur Fertilizers Ltd, Deepak Agro Solutions Ltd, Maruti Fertochem Ltd, Coimbatore Pioneer Fertilizers Ltd, Brahmaputra Valley Fertilizer Corporation Ltd, Liberty Pesticides & Fertilizers Ltd, Krishana Phoschem Ltd, Maharashtra Bio Fertilisers India Pvt Ltd, Bohra Industries Ltd, Rajputana Fertilizers Ltd, Nagarjuna Fertilizers & Chemicals Ltd, Madhya Bharat Agro Products Ltd, Zuari Agro Chemicals Ltd, Greenstar Fertilizers Ltd, Hyderabad Chemicals Products Pvt Ltd, KRIBHCO Fertilisers Ltd, Kanpur Fertilizers & Chemicals Ltd, Nava Bharath Fertilizers Ltd, Agro Phos India Ltd, Jaypee Fertilizers & Industries Ltd, Nova Agritech Ltd, Mosaic India Pvt Ltd, Purti Power & Sugar Ltd, Alchemy Processors Pvt Ltd, Varsha Bioscience & Technology India Pvt Ltd, Shri Saigopal Agrotech Pvt Ltd, Arawali Phosphate Ltd, Shivashakti Agritec Ltd, Madhya Bharat Phosphate Pvt Ltd, Coromandel Sqm (India) Pvt Ltd [Merged], Shri Ganpati Fertilizers Ltd, Dynatech Petrochem Ltd, Vanita Agrochem (India) Pvt Ltd, Tansa Organics Pvt Ltd, Primex Resin (India) Pvt Ltd, Varun Phosphates & Bio-Organics Pvt Ltd, G N P Agrosciences Pvt Ltd, Ghatprabha Fertilizers Pvt Ltd, Ninai Agro Biotech Pvt Ltd, Vasumitra Life Energies Pvt Ltd, Heliocon Agro-Chemicals Ltd, I A C L Pvt Ltd, I C M C Corporation Ltd, Cosme Bio-Tech Pvt Ltd, Peptech Biosciences Ltd, Ashoka Biogreen Pvt Ltd, Bharat Bio Gas Energy Ltd, Excel Rasayan Pvt Ltd, Kisan Shakti Krushi Udyog Pvt Ltd, Indorama India Pvt Ltd and Terra Firma Bio Technologies Ltd were updated in Capitaline.