Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Fertilisers Stocks in India

Fertilisers: Coromandel International Ltd owns the largest revenue base; Krishana Phoschem Ltd has the fastest current growth.

Nifty Fertilisers Index — Constituents & Performance

The Fertilisers companies below are the listed Indian Fertilisers universe this page tracks — the same constituent set people search for as the Nifty Fertilisers index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Fertilisers moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 13% ahead of NIFTY 500. Earnings across its companies grew 46% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.

FADING · −5 in 4w✓Moving with the index4 of 14 companies ahead of NIFTY 500 by 5% or more over three months3 are 20% or more behind over a year while earnings grew 20% or more

RS ↑16w · 4/14 >200d (−2) · 4/14 lead (−5) · EPS 12/14↑

200500202620252024202320222021 767336 TRAILING 12-MONTH EPS · 100 AT THE START0100126Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reportingSep 2022 · trailing 12-month earnings per share at 102, against 100 at the start · no comparable year yet · 10 reportingDec 2022 · trailing 12-month earnings per share at 126, against 100 at the start · no comparable year yet · 10 reportingMar 2023 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 10 reportingJun 2023 · trailing 12-month earnings per share at 106, against 100 at the start · down 7.5% on a year ago · 10 reportingSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 10.3% on a year ago · 13 reportingDec 2023 · trailing 12-month earnings per share at 56, against 100 at the start · down 52.4% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 51, against 100 at the start · down 64.4% on a year ago · 13 reportingJun 2024 · trailing 12-month earnings per share at 57, against 100 at the start · down 42.3% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 66, against 100 at the start · down 32.6% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 84, against 100 at the start · down 6.4% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 89, against 100 at the start · up 36.0% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 94, against 100 at the start · up 62.3% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 91, against 100 at the start · up 59.0% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 92, against 100 at the start · up 27.3% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 117, against 100 at the start · up 35.3% on a year ago · 12 reportingNot reported yet — earnings trail price by a quarter or two117 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500202620252024202320222021 767336 TRAILING 12-MONTH EPS · 100 AT THE START0100126Mar 23Mar 24Mar 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reportingSep 2022 · trailing 12-month earnings per share at 102, against 100 at the start · no comparable year yet · 10 reportingDec 2022 · trailing 12-month earnings per share at 126, against 100 at the start · no comparable year yet · 10 reportingMar 2023 · trailing 12-month earnings per share at 120, against 100 at the start · no comparable year yet · 10 reportingJun 2023 · trailing 12-month earnings per share at 106, against 100 at the start · down 7.5% on a year ago · 10 reportingSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 10.3% on a year ago · 13 reportingDec 2023 · trailing 12-month earnings per share at 56, against 100 at the start · down 52.4% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 51, against 100 at the start · down 64.4% on a year ago · 13 reportingJun 2024 · trailing 12-month earnings per share at 57, against 100 at the start · down 42.3% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 66, against 100 at the start · down 32.6% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 84, against 100 at the start · down 6.4% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 89, against 100 at the start · up 36.0% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 94, against 100 at the start · up 62.3% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 91, against 100 at the start · up 59.0% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 92, against 100 at the start · up 27.3% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 117, against 100 at the start · up 35.3% on a year ago · 12 reportingNot reported yet — earnings trail price by a quarter or two117No earnings on file this far back — the price series reaches further than the filings do
Fertilisers, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the sector is participating, how recently, and whether the movers score well.
Together4 of 14 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +5 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/30
Mid 2/5−2
Small 1/6−3

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 14 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Fertilisers outperforming NIFTY 500?

The 52-week comparison of Fertilisers against NIFTY 500 is not available from the current market series. 4 of 15 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Gujarat Narmada Valley Fertilizers & Chemicals Ltd is the strongest against the sector itself at +14.4%. Readings are as of 2026-07-19.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
4/15Stocks leading NIFTY 500
4/15Stocks leading sector

Sector metric: 23.1 as of 2026-07-19 · NARROWING · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 4 of 15 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Coromandel International Ltd leads with revenue of ₹32,602 crore, based on 15 of 15 comparable companies through Jun 2026. Krishana Phoschem Ltd has the fastest current revenue growth at 73.3%, across 15 of 15 comparable companies.

Is the Fertilisers sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 4 of 15 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Fertilisers company is largest by revenue?

Coromandel International Ltd leads with revenue of ₹32,602 crore, based on 15 of 15 comparable companies through Jun 2026.

Which Fertilisers company is growing fastest?

Krishana Phoschem Ltd has the fastest current revenue growth at 73.3%, across 15 of 15 comparable companies.

Which Fertilisers company has the strongest 4-Factor Sector Score?

Chambal Fertilisers & Chemicals Ltd ranks first at 72.1/100 with 95.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Fertilisers company reports the most CAPEX?

Gujarat State Fertilizers & Chemicals Ltd reports the largest latest CAPEX at ₹114 crore, with 1 of 15 companies comparable.

Which Fertilisers company has the least gross debt?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the lowest comparable gross debt at ₹6 crore. Paradeep Phosphates Ltd has the highest at ₹6,906 crore.

Which Fertilisers company has the lowest comparable PEG?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the lowest comparable Guarded PEG at 0.27, among 10 of 15 companies that pass the metric’s comparability rules.

How much history does this Fertilisers comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
15
complete canonical membership
Combined market value
₹2.0 L Cr
Coromandel International Ltd
Revenue growing
11/15
positive TTM year-on-year growth
Beating NIFTY 500
4/15
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Chambal Fertilisers & Chemicals Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 95.6% evidence confidence.
Zuari Agro Chemicals Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

72.1/100 · Favorable setup · 96% evidence

Exact sum: 19.4 + 19.4 + 16.4 + 16.9 = 72.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.4/35Growth & earnings

Revenue 24.9% · PAT 18.5% · OPM change 2 pp

88% evidence

19.4/25Capital efficiency

ROCE 25.5% · debt/equity 0.1×

100% evidence

16.4/20Valuation

P/E 8.8× · PEG 0.48

100% evidence

16.9/20Relative strength

RS sector 7.3% · RS bench -4.8% · 1Y -17.2%

100% evidence

2. Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

70.8/100 · Favorable setup · 96% evidence

Exact sum: 20.8 + 16.9 + 15 + 18.1 = 70.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.8/35Growth & earnings

Revenue -1.5% · PAT 35.3% · OPM change 10 pp

88% evidence

16.9/25Capital efficiency

ROCE 12% · debt/equity 0×

100% evidence

15.0/20Valuation

P/E 9.2× · PEG 0.27

100% evidence

18.1/20Relative strength

RS sector 14.4% · RS bench 1.8% · 1Y -7.9%

100% evidence

3. Krishana Phoschem Ltd · KRISHANA

64.2/100 · Mixed-positive evidence · 100% evidence

Exact sum: 28.8 + 16.2 + 14.4 + 4.8 = 64.2

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -65.1% and the one-year return is -71.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

28.8/35Growth & earnings

Revenue 73.3% · PAT 92.2% · OPM change 0 pp

100% evidence

16.2/25Capital efficiency

ROCE 27.2% · debt/equity 1.31×

100% evidence

14.4/20Valuation

P/E 25.5× · PEG 0.58

100% evidence

4.8/20Relative strength

RS sector -65.1% · RS bench 23.5% · 1Y -71.1%

100% evidence

4. Paradeep Phosphates Ltd · PARADEEP

53.1/100 · Mixed-positive evidence · 66% evidence

Exact sum: 23.9 + 13.1 + 10 + 6.1 = 53.1

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -12.4% and the one-year return is -18.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.9/35Growth & earnings

Revenue 34.9% · PAT 55.5% · OPM change 0 pp

83% evidence

13.1/25Capital efficiency

ROCE 17.1% · debt/equity 1.02×

80% evidence

10.0/20Valuation

P/E 13.8× · PEG —

15% evidence

6.1/20Relative strength

RS sector -12.4% · RS bench -8.3% · 1Y -18.1%

70% evidence

5. Rashtriya Chemicals & Fertilizers Ltd · RCF

52.8/100 · Mixed-positive evidence · 90% evidence

Exact sum: 22.1 + 9.1 + 12.6 + 9 = 52.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.1/35Growth & earnings

Revenue 9.1% · PAT 76.5% · OPM change 1 pp

88% evidence

9.1/25Capital efficiency

ROCE 10.2% · debt/equity 0.81×

100% evidence

12.6/20Valuation

P/E 17.3× · PEG 0.9

100% evidence

9.0/20Relative strength

RS sector -3.1% · RS bench -7.7% · 1Y -17%

70% evidence

6. Southern Petrochemicals Industries Corporation Ltd · SPIC

51.0/100 · Mixed-positive evidence · 76% evidence

Exact sum: 17.4 + 15.1 + 11.3 + 7.2 = 51

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.4/35Growth & earnings

Revenue -4.2% · PAT 36.1% · OPM change 3 pp

83% evidence

15.1/25Capital efficiency

ROCE 17.5% · debt/equity 0.51×

95% evidence

11.3/20Valuation

P/E 6.3× · PEG —

15% evidence

7.2/20Relative strength

RS sector -6.1% · RS bench -17.5% · 1Y -21.3%

100% evidence

7. Gujarat State Fertilizers & Chemicals Ltd · GSFC

50.2/100 · Mixed-positive evidence · 90% evidence

Exact sum: 16.8 + 11.2 + 15.2 + 7 = 50.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.8/35Growth & earnings

Revenue 14.8% · PAT 13.9% · OPM change -1 pp

88% evidence

11.2/25Capital efficiency

ROCE 7.2% · debt/equity 0×

100% evidence

15.2/20Valuation

P/E 9.2× · PEG 0.3

100% evidence

7.0/20Relative strength

RS sector -5.5% · RS bench -12% · 1Y -21.1%

70% evidence

8. Khaitan Chemicals & Fertilizers Ltd · KHAICHEM

50.0/100 · Mixed-positive evidence · 74% evidence

Exact sum: 20.5 + 14.6 + 11.1 + 3.8 = 50

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.5/35Growth & earnings

Revenue 19.9% · PAT 32.5% · OPM change -3 pp

95% evidence

14.6/25Capital efficiency

ROCE 18.5% · debt/equity 1.05×

95% evidence

11.1/20Valuation

P/E 8.2× · PEG —

15% evidence

3.8/20Relative strength

RS sector -31.3% · RS bench -38.4% · 1Y -52.7%

70% evidence

9. Madhya Bharat Agro Products Ltd · MBAPL

49.0/100 · Mixed-negative evidence · 100% evidence

Exact sum: 24.7 + 13.3 + 4.9 + 6.1 = 49

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -59.5% and the one-year return is -67.9%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

24.7/35Growth & earnings

Revenue 47.6% · PAT 100% · OPM change 2 pp

100% evidence

13.3/25Capital efficiency

ROCE 19.4% · debt/equity 1.56×

100% evidence

4.9/20Valuation

P/E 41.9× · PEG 2.04

100% evidence

6.1/20Relative strength

RS sector -59.5% · RS bench 43.9% · 1Y -67.9%

100% evidence

10. Zuari Agro Chemicals Ltd · ZUARI

46.2/100 · Mixed-negative evidence · 77% evidence

Exact sum: 14.6 + 10.6 + 14.6 + 6.4 = 46.2

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

14.6/35Growth & earnings

Revenue -27.9% · PAT 100% · OPM change -11 pp

83% evidence

10.6/25Capital efficiency

ROCE 16.4% · debt/equity 0.31×

95% evidence

14.6/20Valuation

P/E 3.1× · PEG —

50% evidence

6.4/20Relative strength

RS sector -6.9% · RS bench -11.6% · 1Y 13.8%

70% evidence

11. Coromandel International Ltd · COROMANDEL

46.0/100 · Mixed-negative evidence · 94% evidence

Exact sum: 13.5 + 17.8 + 2.1 + 12.6 = 46

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

13.5/35Growth & earnings

Revenue 23.5% · PAT -20.9% · OPM change -2 pp

100% evidence

17.8/25Capital efficiency

ROCE 22% · debt/equity 0.12×

100% evidence

2.1/20Valuation

P/E 31.3× · PEG 2.69

100% evidence

12.6/20Relative strength

RS sector 5% · RS bench -6.8% · 1Y -12%

70% evidence

12. National Fertilizer Ltd · NFL

45.3/100 · Mixed-negative evidence · 89% evidence

Exact sum: 18.9 + 6.3 + 10.1 + 10 = 45.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.9/35Growth & earnings

Revenue 8.7% · PAT 15.2% · OPM change 2 pp

88% evidence

6.3/25Capital efficiency

ROCE 9.1% · debt/equity 1.4×

100% evidence

10.1/20Valuation

P/E 16.3× · PEG 1.39

65% evidence

10.0/20Relative strength

RS sector -2.8% · RS bench -14.2% · 1Y -26.2%

100% evidence

13. Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

39.5/100 · Mixed-negative evidence · 90% evidence

Exact sum: 8.1 + 11.8 + 10 + 9.6 = 39.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

8.1/35Growth & earnings

Revenue 12% · PAT -21.9% · OPM change -6 pp

88% evidence

11.8/25Capital efficiency

ROCE 11.6% · debt/equity 0.83×

100% evidence

10.0/20Valuation

P/E 26.9× · PEG 0.38

100% evidence

9.6/20Relative strength

RS sector -11.5% · RS bench 19.5% · 1Y 0.8%

70% evidence

14. Fertilizers & Chemicals Travancore Ltd · FACT

38.4/100 · Mixed-negative evidence · 89% evidence

Exact sum: 17.7 + 3.3 + 5 + 12.4 = 38.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.7/35Growth & earnings

Revenue 30.4% · PAT 100% · OPM change -5.6 pp

88% evidence

3.3/25Capital efficiency

ROCE 8.7% · debt/equity 2.95×

100% evidence

5.0/20Valuation

P/E 3536× · PEG 2.49

65% evidence

12.4/20Relative strength

RS sector 6.2% · RS bench -5.7% · 1Y -12.6%

100% evidence

15. Madras Fertilizers Ltd · MADRASFERT

37.4/100 · Mixed-negative evidence · 62% evidence

Exact sum: 13.6 + 8.2 + 10.2 + 5.4 = 37.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

13.6/35Growth & earnings

Revenue -9.5% · PAT 24.6% · OPM change 16 pp

62% evidence

8.2/25Capital efficiency

ROCE 14.8% · debt/equity 6.89×

95% evidence

10.2/20Valuation

P/E 12.3× · PEG —

15% evidence

5.4/20Relative strength

RS sector -14.4% · RS bench -10.9% · 1Y -24.4%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Coromandel International Ltd has the highest Revenue among the 15 Fertilisers companies compared here, at ₹32,602 crore. Paradeep Phosphates Ltd is next at ₹21,827 crore. Krishana Phoschem Ltd has the highest Revenue growth at 73.3%, so level and change sit with different companies. 15 of 15 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Coromandel International Ltd is the scale leader at ₹32,602 crore, 49.4% ahead of Paradeep Phosphates Ltd. Krishana Phoschem Ltd's growth is 73.3% from a ₹2,554 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderCoromandel International Ltd · ₹32,602 crore
Gap49.4% versus #2 · Paradeep Phosphates Ltd
Persistence8/8 recent comparable periods
Coverage15/15 companies · 264 observations

Investor read: Coromandel International Ltd is the scale benchmark; Krishana Phoschem Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Coromandel International Ltd's growth falls below Krishana Phoschem Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Coromandel International Ltd COROMANDEL₹32.6K Cr
2Paradeep Phosphates Ltd PARADEEP₹21.8K Cr
3National Fertilizer Ltd NFL₹21.5K Cr
4Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹20.8K Cr
5Rashtriya Chemicals & Fertilizers Ltd RCF₹18.5K Cr
Revenue growthfastest growers
1Krishana Phoschem Ltd KRISHANA73%
2Madhya Bharat Agro Products Ltd MBAPL48%
3Paradeep Phosphates Ltd PARADEEP35%
4Fertilizers & Chemicals Travancore Ltd FACT30%
5Chambal Fertilisers & Chemicals Ltd CHAMBLFERT25%
Revenue · company comparison
15/15 level · 15/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Coromandel International Ltd COROMANDEL₹8.2K Cr16%Jun 2026
Rashtriya Chemicals & Fertilizers Ltd RCF₹5.6K Cr50%Mar 2026
Paradeep Phosphates Ltd PARADEEP₹4.7K Cr12%Mar 2026
National Fertilizer Ltd NFL₹4.3K Cr-2.5%Mar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT₹3.0K Cr13%Mar 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹2.8K Cr14%Mar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC₹2.6K Cr37%Mar 2026
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹2.2K Cr7.5%Mar 2026
Fertilizers & Chemicals Travancore Ltd FACT₹1.5K Cr41%Mar 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified₹699 Cr26%Mar 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified₹584 Cr-23%Mar 2026
Krishana Phoschem Ltd KRISHANA₹532 Cr34%Jun 2026
Madhya Bharat Agro Products Ltd MBAPL₹416 Cr1.5%Jun 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM₹221 Cr-5.6%Jun 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹187 Cr-80%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹4.5K Cr
₹4.7K Cr
₹3.3K Cr
₹7.3K Cr
₹8.6K Cr
₹8.3K Cr
₹3.6K Cr
₹5.6K Cr
₹5.4K Cr
₹4.3K Cr
₹2.6K Cr
₹4.9K Cr
₹4.3K Cr
₹4.9K Cr
₹2.4K Cr
₹5.7K Cr
₹6.4K Cr
₹5.9K Cr
₹2.8K Cr
—

Coromandel International Ltd · COROMANDEL

₹6.1K Cr
₹5.1K Cr
₹4.2K Cr
₹5.7K Cr
₹10.1K Cr
₹8.3K Cr
₹5.5K Cr
₹5.7K Cr
₹7.0K Cr
₹5.5K Cr
₹3.9K Cr
₹4.7K Cr
₹7.4K Cr
₹6.9K Cr
₹5.0K Cr
₹7.0K Cr
₹9.7K Cr
₹8.8K Cr
₹6.0K Cr
₹8.2K Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹1.8K Cr
₹2.0K Cr
₹2.0K Cr
₹3.0K Cr
₹2.7K Cr
₹2.8K Cr
₹2.8K Cr
₹2.3K Cr
₹2.4K Cr
₹1.9K Cr
₹2.1K Cr
₹2.3K Cr
₹2.7K Cr
₹2.6K Cr
₹2.7K Cr
₹2.7K Cr
₹3.0K Cr
₹2.8K Cr
₹3.0K Cr
—

Fertilizers & Chemicals Travancore Ltd · FACT

₹782 Cr
₹1.2K Cr
₹1.7K Cr
₹1.3K Cr
₹1.9K Cr
₹1.7K Cr
₹1.2K Cr
₹1.2K Cr
₹1.7K Cr
₹1.1K Cr
₹1.1K Cr
₹600 Cr
₹1.4K Cr
₹949 Cr
₹1.1K Cr
₹1.0K Cr
₹1.6K Cr
₹1.6K Cr
₹1.5K Cr
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

₹2.1K Cr
₹2.4K Cr
₹2.8K Cr
₹2.7K Cr
₹2.6K Cr
₹2.7K Cr
₹2.3K Cr
₹1.7K Cr
₹2.1K Cr
₹2.1K Cr
₹2.1K Cr
₹2.0K Cr
₹1.9K Cr
₹1.9K Cr
₹2.1K Cr
₹1.6K Cr
₹2.0K Cr
₹2.0K Cr
₹2.2K Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹2.5K Cr
₹2.7K Cr
₹2.0K Cr
₹3.0K Cr
₹2.5K Cr
₹3.5K Cr
₹2.4K Cr
₹2.1K Cr
₹3.1K Cr
₹2.0K Cr
₹2.0K Cr
₹2.2K Cr
₹2.6K Cr
₹2.8K Cr
₹1.9K Cr
₹2.2K Cr
₹3.2K Cr
₹2.9K Cr
₹2.6K Cr
—

Krishana Phoschem Ltd · KRISHANA

₹78 Cr
₹107 Cr
₹81 Cr
₹66 Cr
₹65 Cr
₹47 Cr
₹145 Cr
₹165 Cr
₹265 Cr
₹230 Cr
₹263 Cr
₹281 Cr
₹301 Cr
₹304 Cr
₹473 Cr
₹396 Cr
₹608 Cr
₹659 Cr
₹755 Cr
₹532 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹86 Cr
₹192 Cr
₹146 Cr
₹213 Cr
₹249 Cr
₹286 Cr
₹234 Cr
₹149 Cr
₹278 Cr
₹244 Cr
₹146 Cr
₹200 Cr
₹278 Cr
₹284 Cr
₹297 Cr
₹410 Cr
₹450 Cr
₹612 Cr
₹395 Cr
₹416 Cr

National Fertilizer Ltd · NFL

₹3.7K Cr
₹5.1K Cr
₹4.4K Cr
₹6.5K Cr
₹6.8K Cr
₹10.1K Cr
₹6.3K Cr
₹5.0K Cr
₹5.7K Cr
₹7.6K Cr
₹5.3K Cr
₹5.1K Cr
₹4.4K Cr
₹5.9K Cr
₹4.5K Cr
₹3.5K Cr
₹6.8K Cr
₹6.9K Cr
₹4.3K Cr
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
—
—
₹4.4K Cr
₹3.6K Cr
₹3.1K Cr
₹3.7K Cr
₹2.6K Cr
₹2.2K Cr
₹2.4K Cr
₹4.6K Cr
₹5.0K Cr
₹4.2K Cr
₹4.5K Cr
₹6.9K Cr
₹5.7K Cr
₹4.7K Cr
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹2.6K Cr
₹3.7K Cr
₹4.1K Cr
₹5.0K Cr
₹5.6K Cr
₹6.2K Cr
₹4.7K Cr
₹4.0K Cr
₹4.2K Cr
₹4.9K Cr
₹3.9K Cr
₹4.4K Cr
₹4.3K Cr
₹4.5K Cr
₹3.7K Cr
₹3.4K Cr
₹5.3K Cr
₹4.2K Cr
₹5.6K Cr
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

—
—
—
—
—
₹699 Cr
₹672 Cr
₹569 Cr
₹744 Cr
₹506 Cr
₹125 Cr
₹754 Cr
₹760 Cr
₹818 Cr
₹754 Cr
₹781 Cr
₹817 Cr
₹774 Cr
₹584 Cr
—

Revenue growth · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

—
—
—
106%
92%
75%
8.8%
-23%
-37%
-48%
-27%
-12%
-19%
13%
-7.3%
16%
48%
20%
14%
—

Coromandel International Ltd · COROMANDEL

—
—
—
56%
64%
64%
30%
-0.6%
-31%
-34%
-29%
-17%
6.4%
27%
27%
49%
30%
27%
20%
16%

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

—
—
—
59%
52%
41%
39%
-24%
-11%
-33%
-25%
-1.4%
13%
39%
28%
17%
9.4%
9.7%
13%
—

Fertilizers & Chemicals Travancore Ltd · FACT

—
—
—
74%
147%
43%
-26%
-4.6%
-14%
-36%
-15%
-51%
-13%
-13%
-0.9%
74%
12%
65%
41%
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

—
—
—
93%
23%
12%
-18%
-39%
-20%
-22%
-7.1%
22%
-7.8%
-9.1%
-2.6%
-21%
2.7%
5.1%
7.5%
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
63%
-1.7%
30%
17%
-32%
25%
-42%
-18%
4.9%
-16%
40%
-2.2%
1.0%
21%
4.5%
37%
—

Krishana Phoschem Ltd · KRISHANA

—
—
—
—
-17%
-56%
79%
150%
308%
389%
81%
70%
14%
32%
80%
41%
102%
117%
60%
34%

Madhya Bharat Agro Products Ltd · MBAPL

—
—
—
—
190%
49%
60%
-30%
12%
-15%
-38%
34%
0.0%
16%
103%
105%
62%
115%
33%
1.5%

National Fertilizer Ltd · NFL

—
—
—
145%
83%
99%
41%
-22%
-16%
-25%
-16%
0.9%
-22%
-23%
-16%
-31%
54%
17%
-2.5%
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
—
—
—
—
—
—
-41%
-38%
-22%
25%
92%
87%
89%
49%
15%
12%
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

—
—
—
107%
113%
69%
14%
-18%
-25%
-21%
-17%
8.7%
3.3%
-7.9%
-3.9%
-23%
23%
-6.2%
50%
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

—
—
—
—
—
—
—
—
—
-28%
-81%
33%
2.2%
62%
503%
3.6%
7.5%
-5.4%
-23%
—
02 · compare level, then change

Operating Economics & Margin Trend

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the highest OPM among the 15 Fertilisers companies compared here, at 22%. Krishana Phoschem Ltd is next at 17%. Madras Fertilizers Ltd has the highest Margin change at +16 percentage points, so level and change sit with different companies. 15 of 15 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Gujarat Narmada Valley Fertilizers & Chemicals Ltd leads opm at 22%; Madras Fertilizers Ltd leads margin change at +16 percentage points.

LeaderGujarat Narmada Valley Fertilizers & Chemicals Ltd · 22%
Gap29.4% versus #2 · Krishana Phoschem Ltd
Persistence6/8 recent comparable periods
Coverage15/15 companies · 289 observations

Investor read: Gujarat Narmada Valley Fertilizers & Chemicals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC22%
2Krishana Phoschem Ltd KRISHANA17%
3Madhya Bharat Agro Products Ltd MBAPL16%
4Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT12%
5Khaitan Chemicals & Fertilizers Ltd KHAICHEM11%
Margin changefastest expanders
1Madras Fertilizers Ltd MADRASFERT⚠ unverified+16.0 pp
2Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC+10.0 pp
3Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified+3.0 pp
4Chambal Fertilisers & Chemicals Ltd CHAMBLFERT+2.0 pp
5Madhya Bharat Agro Products Ltd MBAPL+2.0 pp
Operating margin · company comparison
15/15 level · 15/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC22%+10.0 ppMar 2026
Krishana Phoschem Ltd KRISHANA17%0.0 ppJun 2026
Madhya Bharat Agro Products Ltd MBAPL16%+2.0 ppJun 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT12%−6.0 ppMar 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM11%−3.0 ppJun 2026
Coromandel International Ltd COROMANDEL9.0%−2.0 ppJun 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT9.0%+2.0 ppMar 2026
Paradeep Phosphates Ltd PARADEEP9.0%0.0 ppMar 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified8.0%+3.0 ppMar 2026
National Fertilizer Ltd NFL7.0%+2.0 ppMar 2026
Rashtriya Chemicals & Fertilizers Ltd RCF6.0%+1.0 ppMar 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified5.0%+16.0 ppMar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC3.0%−1.0 ppMar 2026
Fertilizers & Chemicals Travancore Ltd FACT2.4%−5.6 ppMar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified-8.0%−11.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

16%
12%
11%
8.1%
5.2%
8.0%
3.0%
11%
11%
14%
6.0%
15%
18%
16%
7.0%
13%
13%
14%
9.0%
—

Coromandel International Ltd · COROMANDEL

12%
11%
9.0%
12%
10%
9.0%
7.0%
12%
15%
6.0%
7.0%
10%
13%
10%
8.0%
11%
12%
9.0%
8.0%
9.0%

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

12%
18%
25%
24%
18%
17%
17%
12%
12%
15%
21%
20%
18%
19%
18%
19%
15%
12%
12%
—

Fertilizers & Chemicals Travancore Ltd · FACT

13%
9.1%
18%
14%
12%
12%
15%
12%
8.0%
4.0%
4.0%
-9.0%
2.0%
3.0%
8.0%
2.0%
2.0%
-3.0%
2.4%
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

21%
28%
32%
28%
12%
16%
16%
6.0%
8.0%
4.0%
7.0%
8.0%
5.0%
7.0%
12%
2.0%
9.0%
9.0%
22%
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

13%
14%
21%
17%
16%
10%
14%
7.0%
8.0%
5.0%
1.0%
5.0%
11%
6.0%
4.0%
9.0%
11%
6.0%
3.0%
—

Krishana Phoschem Ltd · KRISHANA

12%
13%
24%
14%
24%
18%
13%
20%
18%
10%
10%
15%
13%
15%
12%
17%
12%
11%
12%
17%

Madhya Bharat Agro Products Ltd · MBAPL

22%
20%
23%
23%
22%
22%
19%
16%
15%
7.0%
10%
17%
13%
14%
12%
14%
14%
11%
10%
16%

National Fertilizer Ltd · NFL

3.8%
1.8%
3.1%
4.4%
2.5%
9.0%
-5.0%
0.0%
-1.0%
4.0%
7.0%
2.0%
3.0%
2.0%
5.0%
2.0%
2.0%
4.0%
7.0%
—

Paradeep Phosphates Ltd · PARADEEP

14%
7.7%
4.9%
6.5%
6.3%
8.0%
2.0%
-1.0%
7.0%
11%
7.0%
6.0%
11%
9.0%
9.0%
13%
10%
8.0%
9.0%
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

7.1%
6.1%
9.1%
8.7%
7.0%
7.0%
4.0%
3.0%
3.0%
2.0%
5.0%
3.0%
5.0%
4.0%
5.0%
5.0%
4.0%
6.0%
6.0%
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

12%
13%
-2.0%
11%
17%
14%
8.0%
14%
11%
11%
22%
13%
9.0%
10%
5.0%
12%
9.0%
11%
8.0%
—

Margin change · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

−2.9 pp
−8.0 pp
−6.5 pp
−8.3 pp
−11.3 pp
−4.3 pp
−7.9 pp
+2.9 pp
+5.8 pp
+6.0 pp
+3.0 pp
+4.0 pp
+7.0 pp
+2.0 pp
+1.0 pp
−2.0 pp
−5.0 pp
−2.0 pp
+2.0 pp
—

Coromandel International Ltd · COROMANDEL

−6.2 pp
−3.4 pp
+0.9 pp
−1.2 pp
−1.6 pp
−1.7 pp
−2.0 pp
+0.0 pp
+4.6 pp
−3.0 pp
0.0 pp
−2.0 pp
−2.0 pp
+4.0 pp
+1.0 pp
+1.0 pp
−1.0 pp
−1.0 pp
0.0 pp
−2.0 pp

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

−1.9 pp
+3.0 pp
+7.6 pp
+9.2 pp
+6.4 pp
−1.0 pp
−7.9 pp
−12.4 pp
−6.2 pp
−2.0 pp
+4.0 pp
+8.0 pp
+6.0 pp
+4.0 pp
−3.0 pp
−1.0 pp
−3.0 pp
−7.0 pp
−6.0 pp
—

Fertilizers & Chemicals Travancore Ltd · FACT

+0.4 pp
−12.9 pp
−6.3 pp
+2.7 pp
−1.2 pp
+2.9 pp
−2.5 pp
−2.1 pp
−4.2 pp
−8.0 pp
−11.0 pp
−21.0 pp
−6.0 pp
−1.0 pp
+4.0 pp
+11.0 pp
0.0 pp
−6.0 pp
−5.6 pp
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

+4.2 pp
+4.3 pp
+4.8 pp
+0.1 pp
−8.6 pp
−12.3 pp
−15.9 pp
−22.3 pp
−3.9 pp
−12.0 pp
−9.0 pp
+2.0 pp
−3.0 pp
+3.0 pp
+5.0 pp
−6.0 pp
+4.0 pp
+2.0 pp
+10.0 pp
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

+3.2 pp
+7.9 pp
+12.3 pp
+6.6 pp
+2.6 pp
−3.9 pp
−6.6 pp
−10.4 pp
−7.7 pp
−5.0 pp
−13.0 pp
−2.0 pp
+3.0 pp
+1.0 pp
+3.0 pp
+4.0 pp
0.0 pp
0.0 pp
−1.0 pp
—

Krishana Phoschem Ltd · KRISHANA

−10.3 pp
−14.8 pp
+9.4 pp
−9.7 pp
+11.6 pp
+5.0 pp
−11.5 pp
+6.4 pp
−5.6 pp
−8.0 pp
−3.0 pp
−5.0 pp
−5.0 pp
+5.0 pp
+2.0 pp
+2.0 pp
−1.0 pp
−4.0 pp
0.0 pp
0.0 pp

Madhya Bharat Agro Products Ltd · MBAPL

−5.3 pp
−7.0 pp
+9.6 pp
−0.8 pp
+0.3 pp
+2.1 pp
−4.2 pp
−6.8 pp
−6.9 pp
−15.0 pp
−9.0 pp
+1.0 pp
−2.0 pp
+7.0 pp
+2.0 pp
−3.0 pp
+1.0 pp
−3.0 pp
−2.0 pp
+2.0 pp

National Fertilizer Ltd · NFL

−4.5 pp
−5.3 pp
−0.5 pp
+4.1 pp
−1.3 pp
+7.2 pp
−8.1 pp
−4.4 pp
−3.5 pp
−5.0 pp
+12.0 pp
+2.0 pp
+4.0 pp
−2.0 pp
−2.0 pp
0.0 pp
−1.0 pp
+2.0 pp
+2.0 pp
—

Paradeep Phosphates Ltd · PARADEEP

—
—
+0.4 pp
−1.3 pp
−7.5 pp
+0.3 pp
−2.9 pp
−7.5 pp
+0.7 pp
+3.0 pp
+5.0 pp
+7.0 pp
+4.0 pp
−2.0 pp
+2.0 pp
+7.0 pp
−1.0 pp
−1.0 pp
0.0 pp
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

−1.5 pp
−3.8 pp
−1.9 pp
+0.3 pp
−0.1 pp
+0.9 pp
−5.1 pp
−5.7 pp
−4.0 pp
−5.0 pp
+1.0 pp
0.0 pp
+2.0 pp
+2.0 pp
0.0 pp
+2.0 pp
−1.0 pp
+2.0 pp
+1.0 pp
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

+8.8 pp
+9.8 pp
−8.4 pp
+2.4 pp
+5.1 pp
+1.1 pp
+10.0 pp
+3.0 pp
−6.3 pp
−3.0 pp
+14.0 pp
−1.0 pp
−2.0 pp
−1.0 pp
−17.0 pp
−1.0 pp
0.0 pp
+1.0 pp
+3.0 pp
—
03 · compare level, then change

Profit Scale & Acceleration

Chambal Fertilisers & Chemicals Ltd has the highest Net profit among the 15 Fertilisers companies compared here, at ₹1,953 crore. Coromandel International Ltd is next at ₹1,778 crore. Fertilizers & Chemicals Travancore Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Chambal Fertilisers & Chemicals Ltd leads with ₹1,953 crore of TTM profit, 9.8% above Coromandel International Ltd. Fertilizers & Chemicals Travancore Ltd shows ≥100% on the scoring scale growth from a ₹28 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderChambal Fertilisers & Chemicals Ltd · ₹1,953 crore
Gap9.8% versus #2 · Coromandel International Ltd
Persistence8/8 recent comparable periods
Coverage15/15 companies · 264 observations

Investor read: Chambal Fertilisers & Chemicals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹2.0K Cr
2Coromandel International Ltd COROMANDEL₹1.8K Cr
3Paradeep Phosphates Ltd PARADEEP₹997 Cr
4Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹982 Cr
5Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹808 Cr
Profit growthfastest growers
1Fertilizers & Chemicals Travancore Ltd FACT100%
2Madhya Bharat Agro Products Ltd MBAPL100%
3Zuari Agro Chemicals Ltd ZUARI⚠ unverified100%
4Krishana Phoschem Ltd KRISHANA92%
5Rashtriya Chemicals & Fertilizers Ltd RCF77%
Net profit · company comparison
15/15 level · 14/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹396 Cr88%Mar 2026
Coromandel International Ltd COROMANDEL₹382 Cr-24%Jun 2026
Rashtriya Chemicals & Fertilizers Ltd RCF₹187 Cr160%Mar 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹169 Cr30%Mar 2026
Paradeep Phosphates Ltd PARADEEP₹156 Cr-9.3%Mar 2026
National Fertilizer Ltd NFL₹152 Cr13%Mar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT₹139 Cr-50%Mar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC₹52 Cr-28%Mar 2026
Krishana Phoschem Ltd KRISHANA₹47 Cr52%Jun 2026
Madhya Bharat Agro Products Ltd MBAPL₹33 Cr18%Jun 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified₹29 Cr53%Mar 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified₹21 Cr-96%Mar 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM₹11 Cr-48%Jun 2026
Fertilizers & Chemicals Travancore Ltd FACT₹3 Cr-96%Mar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹-25 Cr-193%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹506 Cr
₹435 Cr
₹244 Cr
₹342 Cr
₹274 Cr
₹324 Cr
₹94 Cr
₹339 Cr
₹381 Cr
₹459 Cr
₹97 Cr
₹448 Cr
₹536 Cr
₹534 Cr
₹130 Cr
₹549 Cr
₹649 Cr
₹586 Cr
₹169 Cr
—

Coromandel International Ltd · COROMANDEL

₹519 Cr
₹382 Cr
₹290 Cr
₹499 Cr
₹741 Cr
₹527 Cr
₹246 Cr
₹494 Cr
₹755 Cr
₹228 Cr
₹164 Cr
₹309 Cr
₹659 Cr
₹508 Cr
₹578 Cr
₹502 Cr
₹793 Cr
₹488 Cr
₹115 Cr
₹382 Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹91 Cr
₹180 Cr
₹280 Cr
₹434 Cr
₹272 Cr
₹252 Cr
₹257 Cr
₹114 Cr
₹63 Cr
₹61 Cr
₹230 Cr
₹200 Cr
₹214 Cr
₹253 Cr
₹278 Cr
₹244 Cr
₹214 Cr
₹141 Cr
₹139 Cr
—

Fertilizers & Chemicals Travancore Ltd · FACT

₹36 Cr
₹44 Cr
₹227 Cr
₹137 Cr
₹145 Cr
₹166 Cr
₹165 Cr
₹72 Cr
₹105 Cr
₹30 Cr
₹-61 Cr
₹-49 Cr
₹11 Cr
₹8 Cr
₹71 Cr
₹4 Cr
₹21 Cr
₹-68 Cr
₹3 Cr
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

₹285 Cr
₹541 Cr
₹643 Cr
₹571 Cr
₹238 Cr
₹326 Cr
₹336 Cr
₹88 Cr
₹182 Cr
₹97 Cr
₹130 Cr
₹118 Cr
₹105 Cr
₹163 Cr
₹211 Cr
₹83 Cr
₹179 Cr
₹150 Cr
₹396 Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹231 Cr
₹246 Cr
₹286 Cr
₹346 Cr
₹285 Cr
₹410 Cr
₹225 Cr
₹112 Cr
₹309 Cr
₹118 Cr
₹24 Cr
₹87 Cr
₹298 Cr
₹134 Cr
₹72 Cr
₹139 Cr
₹324 Cr
₹158 Cr
₹52 Cr
—

Krishana Phoschem Ltd · KRISHANA

₹4 Cr
₹8 Cr
₹11 Cr
₹6 Cr
₹10 Cr
₹5 Cr
₹6 Cr
₹12 Cr
₹19 Cr
₹4 Cr
₹6 Cr
₹16 Cr
₹17 Cr
₹21 Cr
₹33 Cr
₹31 Cr
₹33 Cr
₹33 Cr
₹83 Cr
₹47 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹9 Cr
₹23 Cr
₹17 Cr
₹29 Cr
₹33 Cr
₹39 Cr
₹24 Cr
₹7 Cr
₹15 Cr
₹1 Cr
₹1 Cr
₹11 Cr
₹14 Cr
₹18 Cr
₹14 Cr
₹28 Cr
₹30 Cr
₹32 Cr
₹60 Cr
₹33 Cr

National Fertilizer Ltd · NFL

₹16 Cr
₹-23 Cr
₹6 Cr
₹125 Cr
₹15 Cr
₹554 Cr
₹-236 Cr
₹-121 Cr
₹-87 Cr
₹151 Cr
₹208 Cr
₹-9 Cr
₹12 Cr
₹46 Cr
₹135 Cr
₹-39 Cr
₹-36 Cr
₹135 Cr
₹152 Cr
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
—
—
₹180 Cr
₹10 Cr
₹-120 Cr
₹89 Cr
₹109 Cr
₹22 Cr
₹5 Cr
₹255 Cr
₹209 Cr
₹172 Cr
₹317 Cr
₹342 Cr
₹182 Cr
₹156 Cr
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹118 Cr
₹143 Cr
₹234 Cr
₹300 Cr
₹257 Cr
₹245 Cr
₹160 Cr
₹68 Cr
₹51 Cr
₹11 Cr
₹95 Cr
₹11 Cr
₹79 Cr
₹80 Cr
₹72 Cr
₹54 Cr
₹105 Cr
₹81 Cr
₹187 Cr
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

—
—
—
—
—
₹90 Cr
₹25 Cr
₹51 Cr
₹53 Cr
₹33 Cr
₹-24 Cr
₹63 Cr
₹35 Cr
₹38 Cr
₹19 Cr
₹67 Cr
₹61 Cr
₹54 Cr
₹29 Cr
—

Profit growth · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

—
—
—
-10%
-46%
-26%
-61%
-0.9%
39%
42%
3.2%
32%
41%
16%
34%
23%
21%
9.7%
30%
—

Coromandel International Ltd · COROMANDEL

—
—
—
48%
43%
38%
-15%
-1.0%
1.9%
-57%
-33%
-37%
-13%
123%
252%
62%
20%
-3.9%
-80%
-24%

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

—
—
—
239%
199%
40%
-8.2%
-74%
-77%
-76%
-11%
75%
240%
315%
21%
22%
0.0%
-44%
-50%
—

Fertilizers & Chemicals Travancore Ltd · FACT

—
—
—
243%
303%
277%
-27%
-47%
-28%
-82%
-137%
-168%
-90%
-73%
—
—
91%
-950%
-96%
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

—
—
—
136%
-16%
-40%
-48%
-85%
-24%
-70%
-61%
34%
-42%
68%
62%
-30%
70%
-8.0%
88%
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
154%
23%
67%
-21%
-68%
8.4%
-71%
-89%
-22%
-3.6%
14%
200%
60%
8.7%
18%
-28%
—

Krishana Phoschem Ltd · KRISHANA

—
—
—
—
150%
-38%
-45%
100%
90%
-20%
0.0%
33%
-11%
425%
450%
94%
94%
57%
152%
52%

Madhya Bharat Agro Products Ltd · MBAPL

—
—
—
—
267%
70%
41%
-76%
-55%
-97%
-96%
57%
-6.7%
1,700%
1,300%
155%
114%
78%
329%
18%

National Fertilizer Ltd · NFL

—
—
—
—
-6.3%
—
-4,033%
-197%
-680%
-73%
—
—
—
-70%
-35%
—
-400%
193%
13%
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
—
—
—
—
—
—
-39%
120%
—
187%
92%
682%
6,240%
34%
-13%
-9.3%
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

—
—
—
45%
118%
71%
-32%
-77%
-80%
-96%
-41%
-84%
55%
627%
-24%
391%
33%
1.3%
160%
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

—
—
—
—
—
—
—
—
—
-63%
-196%
24%
-34%
15%
—
6.4%
74%
42%
53%
—
04 · compare level, then change

Capacity Spending & Returns On It

Gujarat State Fertilizers & Chemicals Ltd has the highest CAPEX among the 15 Fertilisers companies compared here, at ₹114 crore. The same company also holds the highest CAPEX intensity, at 3.6%. 1 of 15 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Gujarat State Fertilizers & Chemicals Ltd reports ₹114 crore of CAPEX; Gujarat State Fertilizers & Chemicals Ltd has the highest covered intensity at 3.6%. Coverage is only 1 of 15 companies and 2 reported observations, so this is partial evidence—not a complete sector rank.

LeaderGujarat State Fertilizers & Chemicals Ltd · ₹114 crore
GapNot enough peers
Persistence2/2 recent comparable periods
Coverage1/15 companies · 2 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Gujarat State Fertilizers & Chemicals Ltd GSFC₹114 Cr
CAPEX intensityhighest reinvestment intensity
1Gujarat State Fertilizers & Chemicals Ltd GSFC3.6%
Capital expenditure · company comparison
1/15 level · 1/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: Paradeep Phosphates Ltd (PARADEEP) — its two data sources disagree by up to 24% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Gujarat State Fertilizers & Chemicals Ltd GSFC₹114 Cr3.6%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
₹114 Cr
₹114 Cr
—
—
—

CAPEX intensity · reported quarter history

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
5.2%
3.6%
—
—
—
Annual capital allocation · 10-year view
15/15 capacity base · 15/15 OCF · 15/15 CAPEX · 15/15 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹2.9K Cr
₹5.4K Cr
₹7.0K Cr
₹6.8K Cr
₹6.6K Cr
₹6.5K Cr
₹6.4K Cr
₹6.6K Cr
₹6.9K Cr
₹7.5K Cr

Coromandel International Ltd · COROMANDEL

₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
₹2.1K Cr
₹2.1K Cr
₹2.2K Cr
₹2.6K Cr
₹3.3K Cr
₹4.5K Cr
₹7.1K Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹2.4K Cr
₹2.8K Cr
₹3.6K Cr
₹4.0K Cr
₹4.2K Cr
₹5.1K Cr
₹6.2K Cr
₹7.0K Cr
₹7.7K Cr
₹9.2K Cr

Fertilizers & Chemicals Travancore Ltd · FACT

₹322 Cr
₹313 Cr
₹314 Cr
₹338 Cr
₹341 Cr
₹859 Cr
₹919 Cr
₹1.1K Cr
₹1.2K Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹2.3K Cr
₹2.9K Cr
₹3.0K Cr
₹3.0K Cr
₹2.9K Cr
₹2.8K Cr
₹2.8K Cr
₹2.8K Cr
₹3.2K Cr
₹3.5K Cr

Krishana Phoschem Ltd · KRISHANA

₹105 Cr
₹112 Cr
₹107 Cr
₹96 Cr
₹101 Cr
₹177 Cr
₹361 Cr
₹365 Cr
₹373 Cr
₹451 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹103 Cr
₹111 Cr
₹102 Cr
₹114 Cr
₹160 Cr
₹155 Cr
₹203 Cr
₹279 Cr
₹353 Cr
₹713 Cr

National Fertilizer Ltd · NFL

₹4.1K Cr
₹4.1K Cr
₹4.1K Cr
₹4.4K Cr
₹4.5K Cr
₹4.4K Cr
₹4.1K Cr
₹4.1K Cr
₹3.9K Cr
₹3.7K Cr

Paradeep Phosphates Ltd · PARADEEP

—
—
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.6K Cr
₹3.6K Cr
₹3.8K Cr
₹3.9K Cr
₹6.5K Cr

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹1.7K Cr
₹2.1K Cr
₹2.2K Cr
₹2.6K Cr
₹2.6K Cr
₹2.6K Cr
₹2.8K Cr
₹3.0K Cr
₹3.5K Cr
₹4.1K Cr

Operating cash flow · fiscal-year history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹1.3K Cr
₹1.2K Cr
₹-1.1K Cr
₹827 Cr
₹6.9K Cr
₹-24 Cr
₹3.2K Cr
₹3.3K Cr
₹1.4K Cr
₹138 Cr

Coromandel International Ltd · COROMANDEL

₹915 Cr
₹263 Cr
₹526 Cr
₹1.9K Cr
₹4.2K Cr
₹2.1K Cr
₹591 Cr
₹1.4K Cr
₹2.5K Cr
₹1.6K Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹796 Cr
₹-132 Cr
₹1.3K Cr
₹578 Cr
₹1.2K Cr
₹1.2K Cr
₹493 Cr
₹732 Cr
₹1.9K Cr
₹206 Cr

Fertilizers & Chemicals Travancore Ltd · FACT

₹31 Cr
₹224 Cr
₹-410 Cr
₹256 Cr
₹1.0K Cr
₹152 Cr
₹638 Cr
₹280 Cr
₹140 Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹911 Cr
₹358 Cr
₹508 Cr
₹-8 Cr
₹1.8K Cr
₹237 Cr
₹924 Cr
₹-268 Cr
₹83 Cr
₹136 Cr

Krishana Phoschem Ltd · KRISHANA

₹14 Cr
₹25 Cr
₹18 Cr
₹23 Cr
₹10 Cr
₹-5 Cr
₹-33 Cr
₹-83 Cr
₹154 Cr
₹-191 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹8 Cr
₹19 Cr
₹15 Cr
₹14 Cr
₹30 Cr
₹-72 Cr
₹-70 Cr
₹148 Cr
₹96 Cr
₹-127 Cr

National Fertilizer Ltd · NFL

₹2.5K Cr
₹1.7K Cr
₹-2.7K Cr
₹-319 Cr
₹7.0K Cr
₹-1.0K Cr
₹-333 Cr
₹668 Cr
₹2.6K Cr
₹-1.3K Cr

Paradeep Phosphates Ltd · PARADEEP

—
—
₹-920 Cr
₹1.3K Cr
₹1.5K Cr
₹-44 Cr
₹-2.4K Cr
₹1.4K Cr
₹1.4K Cr
₹-1.0K Cr

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹1.6K Cr
₹1.1K Cr
₹-1.6K Cr
₹-522 Cr
₹5.2K Cr
₹-592 Cr
₹787 Cr
₹-422 Cr
₹2.4K Cr
₹-471 Cr

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹534 Cr
₹2.6K Cr
₹1.8K Cr
₹47 Cr
₹144 Cr
₹174 Cr
₹158 Cr
₹555 Cr
₹594 Cr
₹977 Cr

Coromandel International Ltd · COROMANDEL

₹89 Cr
₹124 Cr
₹239 Cr
₹755 Cr
₹181 Cr
₹301 Cr
₹548 Cr
₹977 Cr
₹1.5K Cr
₹3.1K Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹863 Cr
₹565 Cr
₹907 Cr
₹657 Cr
₹430 Cr
₹1.1K Cr
₹1.4K Cr
₹1.1K Cr
₹1.1K Cr
₹1.9K Cr

Fertilizers & Chemicals Travancore Ltd · FACT

₹7 Cr
₹8 Cr
₹24 Cr
₹42 Cr
₹26 Cr
₹545 Cr
₹90 Cr
₹159 Cr
₹153 Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹338 Cr
₹695 Cr
₹263 Cr
₹172 Cr
₹89 Cr
₹96 Cr
₹124 Cr
₹188 Cr
₹601 Cr
₹531 Cr

Krishana Phoschem Ltd · KRISHANA

₹31 Cr
₹15 Cr
₹6 Cr
₹1 Cr
₹15 Cr
₹86 Cr
₹193 Cr
₹38 Cr
₹39 Cr
₹112 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹22 Cr
₹16 Cr
₹1 Cr
₹22 Cr
₹55 Cr
₹13 Cr
₹70 Cr
₹105 Cr
₹108 Cr
₹397 Cr

National Fertilizer Ltd · NFL

₹-97 Cr
₹107 Cr
₹267 Cr
₹630 Cr
₹407 Cr
₹226 Cr
₹132 Cr
₹288 Cr
₹166 Cr
₹234 Cr

Paradeep Phosphates Ltd · PARADEEP

—
—
—
₹156 Cr
₹166 Cr
₹241 Cr
₹2.1K Cr
₹445 Cr
₹351 Cr
₹3.0K Cr

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹138 Cr
₹545 Cr
₹320 Cr
₹508 Cr
₹200 Cr
₹243 Cr
₹319 Cr
₹468 Cr
₹758 Cr
₹912 Cr

Free cash flow · fiscal-year history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹746 Cr
₹-1.4K Cr
₹-2.9K Cr
₹780 Cr
₹6.8K Cr
₹-198 Cr
₹3.1K Cr
₹2.8K Cr
₹800 Cr
₹-839 Cr

Coromandel International Ltd · COROMANDEL

₹826 Cr
₹139 Cr
₹287 Cr
₹1.1K Cr
₹4.0K Cr
₹1.8K Cr
₹43 Cr
₹451 Cr
₹986 Cr
₹-1.5K Cr

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹-67 Cr
₹-697 Cr
₹403 Cr
₹-79 Cr
₹818 Cr
₹146 Cr
₹-880 Cr
₹-408 Cr
₹789 Cr
₹-1.7K Cr

Fertilizers & Chemicals Travancore Ltd · FACT

₹24 Cr
₹216 Cr
₹-434 Cr
₹214 Cr
₹995 Cr
₹-393 Cr
₹548 Cr
₹121 Cr
₹-13 Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹573 Cr
₹-337 Cr
₹245 Cr
₹-180 Cr
₹1.7K Cr
₹141 Cr
₹800 Cr
₹-456 Cr
₹-518 Cr
₹-395 Cr

Krishana Phoschem Ltd · KRISHANA

₹-17 Cr
₹10 Cr
₹12 Cr
₹22 Cr
₹-5 Cr
₹-91 Cr
₹-226 Cr
₹-121 Cr
₹115 Cr
₹-303 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹-14 Cr
₹3 Cr
₹14 Cr
₹-8 Cr
₹-25 Cr
₹-85 Cr
₹-140 Cr
₹43 Cr
₹-12 Cr
₹-524 Cr

National Fertilizer Ltd · NFL

₹2.6K Cr
₹1.6K Cr
₹-3.0K Cr
₹-949 Cr
₹6.6K Cr
₹-1.3K Cr
₹-465 Cr
₹380 Cr
₹2.4K Cr
₹-1.6K Cr

Paradeep Phosphates Ltd · PARADEEP

—
—
—
₹1.1K Cr
₹1.3K Cr
₹-285 Cr
₹-4.5K Cr
₹992 Cr
₹1.0K Cr
₹-4.0K Cr

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹1.5K Cr
₹533 Cr
₹-2.0K Cr
₹-1.0K Cr
₹5.0K Cr
₹-835 Cr
₹468 Cr
₹-890 Cr
₹1.6K Cr
₹-1.4K Cr
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the lowest Gross debt among the 15 Fertilisers companies compared here, at ₹6 crore. Gujarat State Fertilizers & Chemicals Ltd is next at ₹27 crore. The same company also holds the lowest Net debt, at ₹1,798 crore net cash. 15 of 15 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the clearest covered balance-sheet capacity with ₹1,798 crore net cash and gross debt of ₹6 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderGujarat Narmada Valley Fertilizers & Chemicals Ltd · ₹6 crore
Gap77.8% versus #2 · Gujarat State Fertilizers & Chemicals Ltd
Persistence8/8 recent comparable periods
Coverage15/15 companies · 256 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹6 Cr
2Gujarat State Fertilizers & Chemicals Ltd GSFC₹27 Cr
3Khaitan Chemicals & Fertilizers Ltd KHAICHEM₹306 Cr
4Madras Fertilizers Ltd MADRASFERT⚠ unverified₹634 Cr
5Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹642 Cr
Net debtlowest net debt
1Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹-1.8K Cr
2Coromandel International Ltd COROMANDEL₹-788 Cr
3Gujarat State Fertilizers & Chemicals Ltd GSFC₹-173 Cr
4Madras Fertilizers Ltd MADRASFERT⚠ unverified₹-22 Cr
5Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹7 Cr
Debt and balance-sheet capacity · company comparison
15/15 level · 13/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Paradeep Phosphates Ltd PARADEEP₹6.9K Cr—Mar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT₹5.7K Cr₹5.0K CrMar 2026
Rashtriya Chemicals & Fertilizers Ltd RCF₹4.1K Cr₹4.0K CrMar 2026
Fertilizers & Chemicals Travancore Ltd FACT₹4.0K Cr₹2.3K CrMar 2026
National Fertilizer Ltd NFL₹4.0K Cr₹3.9K CrMar 2026
Coromandel International Ltd COROMANDEL₹1.5K Cr₹-788 CrJun 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT₹1.1K Cr₹7 CrMar 2026
Madhya Bharat Agro Products Ltd MBAPL₹861 Cr₹861 CrJun 2026
Krishana Phoschem Ltd KRISHANA₹733 Cr₹691 CrJun 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified₹703 Cr₹578 CrMar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹642 Cr₹579 CrMar 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified₹634 Cr₹-22 CrMar 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM₹306 Cr—Jun 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC₹27 Cr₹-173 CrMar 2026
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC₹6 Cr₹-1.8K CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹3.6K Cr
₹3.6K Cr
₹4.3K Cr
₹4.3K Cr
₹6.9K Cr
₹6.9K Cr
₹3.4K Cr
₹3.4K Cr
₹2.3K Cr
₹2.3K Cr
₹1.9K Cr
₹1.9K Cr
₹99 Cr
₹99 Cr
₹99 Cr
₹99 Cr
₹100 Cr
₹100 Cr
₹1.1K Cr
—

Coromandel International Ltd · COROMANDEL

₹517 Cr
₹517 Cr
₹395 Cr
₹395 Cr
₹1.7K Cr
₹1.7K Cr
₹393 Cr
₹393 Cr
₹436 Cr
₹436 Cr
₹492 Cr
₹492 Cr
₹580 Cr
₹580 Cr
₹780 Cr
₹780 Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
—

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹2.4K Cr
₹2.4K Cr
₹2.7K Cr
₹2.7K Cr
₹3.2K Cr
₹3.2K Cr
₹3.7K Cr
₹3.7K Cr
₹4.1K Cr
₹4.1K Cr
₹4.1K Cr
₹4.1K Cr
₹3.8K Cr
₹3.8K Cr
₹4.2K Cr
₹4.2K Cr
₹4.4K Cr
₹4.4K Cr
₹5.7K Cr
—

Fertilizers & Chemicals Travancore Ltd · FACT

₹47 Cr
₹47 Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹3.8K Cr
₹3.8K Cr
₹4.0K Cr
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

₹11 Cr
₹11 Cr
₹2 Cr
₹2 Cr
₹8 Cr
₹8 Cr
₹2 Cr
₹2 Cr
₹173 Cr
₹173 Cr
₹3 Cr
₹3 Cr
₹79 Cr
₹79 Cr
₹106 Cr
₹106 Cr
₹13 Cr
₹13 Cr
₹6 Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹35 Cr
₹35 Cr
₹6 Cr
₹6 Cr
₹107 Cr
₹107 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹5 Cr
₹5 Cr
₹101 Cr
₹101 Cr
₹2 Cr
₹2 Cr
₹1 Cr
₹1 Cr
₹27 Cr
—

Krishana Phoschem Ltd · KRISHANA

₹40 Cr
₹40 Cr
₹70 Cr
₹70 Cr
₹193 Cr
₹193 Cr
₹276 Cr
₹277 Cr
₹439 Cr
₹439 Cr
₹436 Cr
₹436 Cr
₹363 Cr
₹363 Cr
₹376 Cr
₹376 Cr
₹413 Cr
₹413 Cr
₹733 Cr
₹733 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹75 Cr
₹75 Cr
₹164 Cr
₹164 Cr
₹244 Cr
₹244 Cr
₹323 Cr
₹323 Cr
₹287 Cr
₹287 Cr
₹290 Cr
₹290 Cr
₹228 Cr
₹228 Cr
₹318 Cr
₹318 Cr
₹312 Cr
₹312 Cr
₹856 Cr
₹861 Cr

National Fertilizer Ltd · NFL

₹2.9K Cr
₹2.9K Cr
₹3.2K Cr
₹3.2K Cr
₹6.0K Cr
₹6.0K Cr
₹4.0K Cr
₹4.0K Cr
₹1.2K Cr
₹1.2K Cr
₹4.1K Cr
₹4.1K Cr
₹1.4K Cr
₹1.4K Cr
₹2.0K Cr
₹2.0K Cr
₹4.5K Cr
₹4.5K Cr
₹4.0K Cr
—

Paradeep Phosphates Ltd · PARADEEP

—
—
₹3.0K Cr
—
—
—
₹4.6K Cr
—
—
—
₹4.0K Cr
—
—
—
₹4.4K Cr
—
₹5.6K Cr
—
₹6.9K Cr
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹1.8K Cr
₹1.8K Cr
₹3.0K Cr
₹3.0K Cr
₹3.1K Cr
₹3.1K Cr
₹1.9K Cr
₹1.9K Cr
₹2.3K Cr
₹2.3K Cr
₹3.3K Cr
₹3.3K Cr
₹2.8K Cr
₹2.8K Cr
₹2.8K Cr
₹2.8K Cr
₹2.8K Cr
₹2.8K Cr
₹4.1K Cr
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

₹104 Cr
₹104 Cr
₹305 Cr
₹305 Cr
₹252 Cr
₹252 Cr
₹401 Cr
₹401 Cr
₹539 Cr
₹539 Cr
₹471 Cr
₹471 Cr
₹564 Cr
₹564 Cr
₹722 Cr
₹722 Cr
₹449 Cr
₹449 Cr
₹703 Cr
—

Net debt · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

₹2.7K Cr
₹2.7K Cr
₹3.8K Cr
₹3.8K Cr
₹6.9K Cr
₹6.9K Cr
₹1.5K Cr
₹1.5K Cr
₹-2.1K Cr
₹-2.1K Cr
₹-172 Cr
₹-172 Cr
₹-2.8K Cr
₹-2.8K Cr
₹-941 Cr
₹-966 Cr
₹-816 Cr
₹-816 Cr
₹7 Cr
—

Coromandel International Ltd · COROMANDEL

₹-86 Cr
₹-86 Cr
₹-311 Cr
₹-311 Cr
₹1.1K Cr
₹1.1K Cr
₹-1.0K Cr
₹-1.0K Cr
₹-3.1K Cr
₹-3.1K Cr
₹-3.1K Cr
₹-1.3K Cr
₹-3.1K Cr
₹-3.1K Cr
₹-3.6K Cr
₹-3.6K Cr
₹-2.8K Cr
₹-2.8K Cr
₹-788 Cr
—

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

₹1.7K Cr
₹1.7K Cr
₹1.5K Cr
₹1.5K Cr
₹2.1K Cr
₹2.1K Cr
₹2.6K Cr
₹2.6K Cr
₹2.8K Cr
₹2.8K Cr
₹3.5K Cr
₹3.5K Cr
₹3.3K Cr
₹3.3K Cr
₹3.5K Cr
₹3.5K Cr
₹3.6K Cr
₹3.6K Cr
₹5.0K Cr
—

Fertilizers & Chemicals Travancore Ltd · FACT

₹-1.8K Cr
₹-1.8K Cr
₹1.6K Cr
₹-38 Cr
₹91 Cr
₹91 Cr
₹1.8K Cr
₹-477 Cr
₹-937 Cr
₹-937 Cr
₹1.4K Cr
₹-869 Cr
₹-798 Cr
₹-798 Cr
₹1.6K Cr
₹-972 Cr
₹1.6K Cr
₹1.6K Cr
₹2.3K Cr
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

₹-2.1K Cr
₹-2.1K Cr
₹-865 Cr
₹-1.2K Cr
₹-1.4K Cr
₹-1.4K Cr
₹-2.3K Cr
₹-2.3K Cr
₹-3.3K Cr
₹-3.3K Cr
₹-1.6K Cr
₹-2.2K Cr
₹-2.2K Cr
₹-2.2K Cr
₹-2.0K Cr
₹-2.8K Cr
₹-1.8K Cr
₹-1.8K Cr
₹-1.8K Cr
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

₹-1.3K Cr
₹-1.3K Cr
₹-1.6K Cr
₹-1.7K Cr
₹-818 Cr
₹-818 Cr
₹-1.4K Cr
₹-1.5K Cr
₹-2.4K Cr
₹-2.4K Cr
₹-2.3K Cr
₹-2.3K Cr
₹-2.3K Cr
₹-2.3K Cr
₹-1.9K Cr
₹-1.9K Cr
₹-833 Cr
₹-833 Cr
₹-173 Cr
—

Krishana Phoschem Ltd · KRISHANA

₹40 Cr
₹40 Cr
₹70 Cr
₹70 Cr
₹183 Cr
₹183 Cr
₹277 Cr
₹263 Cr
₹425 Cr
₹425 Cr
₹431 Cr
₹424 Cr
₹341 Cr
₹341 Cr
₹348 Cr
₹348 Cr
₹389 Cr
₹389 Cr
₹691 Cr
₹691 Cr

Madhya Bharat Agro Products Ltd · MBAPL

₹71 Cr
₹71 Cr
₹156 Cr
₹156 Cr
₹231 Cr
₹231 Cr
₹302 Cr
₹302 Cr
₹276 Cr
₹276 Cr
₹278 Cr
₹278 Cr
₹193 Cr
₹193 Cr
₹318 Cr
₹306 Cr
₹287 Cr
₹287 Cr
₹861 Cr
₹861 Cr

Madras Fertilizers Ltd · MADRASFERT⚠ unverified

₹1.4K Cr
₹1.4K Cr
—
₹1.7K Cr
₹1.6K Cr
₹1.6K Cr
₹1.1K Cr
₹1.1K Cr
₹923 Cr
₹923 Cr
₹1.0K Cr
₹1.0K Cr
—
—
₹942 Cr
₹928 Cr
₹-43 Cr
₹-43 Cr
₹-22 Cr
—

National Fertilizer Ltd · NFL

₹2.8K Cr
₹2.8K Cr
₹3.1K Cr
₹3.1K Cr
₹6.0K Cr
₹6.0K Cr
₹4.0K Cr
₹4.0K Cr
₹-229 Cr
₹-229 Cr
₹4.1K Cr
₹4.1K Cr
₹1.3K Cr
₹1.3K Cr
₹2.0K Cr
₹2.0K Cr
₹4.5K Cr
₹4.5K Cr
₹3.9K Cr
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

₹506 Cr
₹506 Cr
₹1.9K Cr
₹1.8K Cr
₹3.0K Cr
₹3.0K Cr
₹1.9K Cr
₹1.8K Cr
₹39 Cr
₹39 Cr
₹3.1K Cr
₹2.9K Cr
₹831 Cr
₹831 Cr
₹1.8K Cr
₹1.7K Cr
₹1.6K Cr
₹1.6K Cr
₹4.0K Cr
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

₹-11 Cr
₹-11 Cr
₹272 Cr
₹223 Cr
₹4 Cr
₹4 Cr
₹359 Cr
₹359 Cr
₹339 Cr
₹339 Cr
₹267 Cr
₹266 Cr
₹401 Cr
₹401 Cr
₹642 Cr
₹641 Cr
₹79 Cr
₹79 Cr
₹578 Cr
—
06 · compare level, then change

Return On Capital Employed

Krishana Phoschem Ltd has the highest ROCE among the 15 Fertilisers companies compared here, at 27.2%. Chambal Fertilisers & Chemicals Ltd is next at 25.5%. Khaitan Chemicals & Fertilizers Ltd has the highest ROCE change at +16 percentage points, so level and change sit with different companies. 15 of 15 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Krishana Phoschem Ltd leads ROCE at 27.2%, 1.7 percentage points above Chambal Fertilisers & Chemicals Ltd. Khaitan Chemicals & Fertilizers Ltd has the strongest latest improvement at +16 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderKrishana Phoschem Ltd · 27.2%
Gap6.7% versus #2 · Chambal Fertilisers & Chemicals Ltd
Persistence8/8 recent comparable periods
Coverage15/15 companies · 194 observations

Investor read: Krishana Phoschem Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Krishana Phoschem Ltd KRISHANA27%
2Chambal Fertilisers & Chemicals Ltd CHAMBLFERT26%
3Coromandel International Ltd COROMANDEL22%
4Madhya Bharat Agro Products Ltd MBAPL19%
5Khaitan Chemicals & Fertilizers Ltd KHAICHEM19%
ROCE changefastest improvers
1Khaitan Chemicals & Fertilizers Ltd KHAICHEM+16.0 pp
2Krishana Phoschem Ltd KRISHANA+8.6 pp
3National Fertilizer Ltd NFL+4.3 pp
4Paradeep Phosphates Ltd PARADEEP+3.0 pp
5Rashtriya Chemicals & Fertilizers Ltd RCF+1.6 pp
Return on capital · company comparison
15/15 level · 15/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: Paradeep Phosphates Ltd (PARADEEP) — its two data sources disagree by up to 24% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Krishana Phoschem Ltd KRISHANA44%+8.6 ppJun 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified41%−74.5 ppMar 2026
Madhya Bharat Agro Products Ltd MBAPL26%−1.8 ppJun 2026
Coromandel International Ltd COROMANDEL20%0.0 ppJun 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT20%−1.7 ppMar 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified16%−1.7 ppMar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified11%+0.4 ppMar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT10%−5.8 ppMar 2026
National Fertilizer Ltd NFL9.9%+4.3 ppMar 2026
Rashtriya Chemicals & Fertilizers Ltd RCF8.7%+1.6 ppMar 2026
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC5.5%+1.1 ppMar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC5.0%+1.2 ppMar 2026
Fertilizers & Chemicals Travancore Ltd FACT2.3%−2.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

23%
—
21%
—
17%
—
17%
—
18%
20%
19%
24%
21%
25%
21%
25%
20%
24%
20%
—

Coromandel International Ltd · COROMANDEL

29%
—
30%
—
33%
—
35%
—
31%
28%
22%
23%
18%
24%
20%
30%
21%
28%
20%
—

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

15%
—
18%
—
25%
—
23%
—
16%
14%
11%
14%
16%
19%
16%
18%
14%
16%
10%
—

Fertilizers & Chemicals Travancore Ltd · FACT

408%
—
63%
—
110%
—
50%
—
38%
53%
21%
10%
1.8%
3.1%
4.3%
24%
9.6%
19%
2.3%
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

18%
—
24%
—
25%
—
16%
—
9.0%
9.1%
3.4%
7.2%
3.0%
7.1%
4.4%
7.7%
4.1%
8.5%
5.5%
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

6.1%
—
9.2%
—
12%
—
11%
—
6.8%
7.7%
2.9%
5.1%
2.8%
5.1%
3.8%
6.3%
5.2%
6.4%
5.0%
—

Krishana Phoschem Ltd · KRISHANA

19%
—
16%
—
13%
—
10%
—
19%
22%
20%
23%
19%
26%
27%
35%
33%
42%
35%
44%

Madhya Bharat Agro Products Ltd · MBAPL

18%
—
35%
—
49%
—
45%
—
33%
26%
16%
20%
17%
23%
20%
28%
24%
34%
19%
26%

Madras Fertilizers Ltd · MADRASFERT⚠ unverified

-25%
—
-61%
—
-135%
—
-196%
—
-209%
—
-324%
—
—
—
115%
166%
76%
49%
41%
—

National Fertilizer Ltd · NFL

6.0%
—
5.2%
—
8.8%
—
15%
—
5.4%
-3.2%
6.1%
12%
13%
14%
5.6%
8.2%
5.3%
11%
9.9%
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

12%
—
15%
—
21%
—
22%
20%
12%
8.8%
4.8%
7.2%
6.2%
9.6%
7.1%
10%
6.8%
11%
8.7%
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

16%
—
17%
—
25%
—
28%
—
21%
25%
19%
21%
17%
18%
18%
24%
16%
24%
16%
—

ROCE change · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

—
—
—
—
−6.0 pp
—
−4.2 pp
—
+0.5 pp
—
+1.9 pp
—
+3.3 pp
+5.4 pp
+2.9 pp
+1.9 pp
−1.4 pp
−1.1 pp
−1.7 pp
—

Coromandel International Ltd · COROMANDEL

—
—
—
—
+3.2 pp
—
+4.7 pp
—
−2.0 pp
—
−12.5 pp
—
−13.0 pp
−4.2 pp
−1.9 pp
+6.3 pp
+3.0 pp
+3.9 pp
0.0 pp
—

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

—
—
—
—
+9.8 pp
—
+5.1 pp
—
−9.5 pp
—
−12.4 pp
—
0.0 pp
+5.3 pp
+5.5 pp
+4.0 pp
−1.7 pp
−3.4 pp
−5.8 pp
—

Fertilizers & Chemicals Travancore Ltd · FACT

—
—
—
—
−297.4 pp
—
−12.5 pp
—
−72.2 pp
—
−29.0 pp
—
−36.4 pp
−49.5 pp
−16.8 pp
+13.7 pp
+7.8 pp
+15.7 pp
−2.0 pp
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

—
—
—
—
+6.4 pp
—
−7.3 pp
—
−15.8 pp
—
−13.0 pp
—
−6.0 pp
−2.0 pp
+1.0 pp
+0.5 pp
+1.1 pp
+1.4 pp
+1.1 pp
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
—
+6.2 pp
—
+2.0 pp
—
−5.5 pp
—
−8.3 pp
—
−4.0 pp
−2.6 pp
+0.9 pp
+1.2 pp
+2.4 pp
+1.3 pp
+1.2 pp
—

Krishana Phoschem Ltd · KRISHANA

—
—
—
—
−5.9 pp
—
−6.4 pp
—
+5.8 pp
—
+9.5 pp
—
+0.4 pp
+3.2 pp
+7.8 pp
+11.8 pp
+14.1 pp
+16.7 pp
+7.8 pp
+8.6 pp

Madhya Bharat Agro Products Ltd · MBAPL

—
—
—
—
+30.4 pp
—
+9.9 pp
—
−15.9 pp
—
−28.5 pp
—
−16.1 pp
−3.8 pp
+3.3 pp
+8.1 pp
+7.1 pp
+11.4 pp
−0.4 pp
−1.8 pp

Madras Fertilizers Ltd · MADRASFERT⚠ unverified

—
—
—
—
−110.3 pp
—
−134.8 pp
—
−73.7 pp
—
−128.2 pp
—
—
—
+439.5 pp
—
—
—
−74.5 pp
—

National Fertilizer Ltd · NFL

—
—
—
—
+2.8 pp
—
+9.5 pp
—
−3.4 pp
—
−8.6 pp
—
+7.7 pp
+17.0 pp
−0.5 pp
−3.8 pp
−7.8 pp
−3.0 pp
+4.3 pp
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

—
—
—
—
+9.0 pp
—
+7.6 pp
—
−9.4 pp
—
−17.6 pp
−12.9 pp
−5.3 pp
+0.8 pp
+2.3 pp
+2.9 pp
+0.6 pp
+1.2 pp
+1.6 pp
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

—
—
—
—
+8.5 pp
—
+10.4 pp
—
−3.5 pp
—
−8.7 pp
—
−4.3 pp
−7.3 pp
−1.1 pp
+3.4 pp
−1.3 pp
+6.0 pp
−1.7 pp
—
07 · compare level, then change

Valuation Against Growth & Quality

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the lowest Guarded PEG among the 15 Fertilisers companies compared here, at 0.27×. Gujarat State Fertilizers & Chemicals Ltd is next at 0.3×. Zuari Agro Chemicals Ltd has the lowest P/E at 3.11×, so level and change sit with different companies.

What the numbers say: Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the lowest comparable Guarded PEG at 0.27×, 10% below Gujarat State Fertilizers & Chemicals Ltd. Only 10 of 15 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderGujarat Narmada Valley Fertilizers & Chemicals Ltd · 0.27×
Gap10% versus #2 · Gujarat State Fertilizers & Chemicals Ltd
Persistence0/8 recent comparable periods
Coverage10/15 companies · 57 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC0.3
2Gujarat State Fertilizers & Chemicals Ltd GSFC0.3
3Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT0.4
4Chambal Fertilisers & Chemicals Ltd CHAMBLFERT0.5
5Krishana Phoschem Ltd KRISHANA0.6
P/Elowest P/E
1Zuari Agro Chemicals Ltd ZUARI⚠ unverified3.1
2Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified6.3
3Khaitan Chemicals & Fertilizers Ltd KHAICHEM8.2
4Chambal Fertilisers & Chemicals Ltd CHAMBLFERT8.8
5Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC9.2
Valuation · company comparison
10/15 level · 15/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Coromandel International Ltd COROMANDEL2.729.6Jun 2026
Fertilizers & Chemicals Travancore Ltd FACT2.53,428.3Mar 2026
Madhya Bharat Agro Products Ltd MBAPL2.033.6Jun 2026
National Fertilizer Ltd NFL1.417.2Mar 2026
Rashtriya Chemicals & Fertilizers Ltd RCF0.919.9Mar 2026
Krishana Phoschem Ltd KRISHANA0.624.9Jun 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT0.58.8Mar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT0.413.7Mar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC0.38.3Mar 2026
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC0.39.1Mar 2026
Paradeep Phosphates Ltd PARADEEP—9.1Mar 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified—5.9Mar 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified—128.8Mar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified—2.4Mar 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM—7.9Jun 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

0.6
0.6
—
0.6
—
—
—
—
—
0.3
1.5
0.4
0.4
0.6
0.5
0.4
0.4
0.5
0.5
—

Coromandel International Ltd · COROMANDEL

—
—
—
1.2
0.9
0.3
0.3
0.4
0.9
3.2
—
—
—
—
—
4.4
0.9
0.6
0.9
2.7

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

—
—
—
—
—
0.2
—
—
—
—
—
—
—
—
—
—
—
0.4
—
—

Fertilizers & Chemicals Travancore Ltd · FACT

—
—
0.5
—
0.4
—
—
—
2.5
—
—
—
—
—
—
—
—
—
—
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.5
0.3
—
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

—
—
—
—
—
—
—
0.1
—
—
—
—
—
—
—
—
0.6
0.4
0.3
—

Krishana Phoschem Ltd · KRISHANA

—
0.8
1.1
0.9
3.4
—
—
—
4.0
—
—
1.2
1.0
—
0.6
—
—
—
—
—

Madhya Bharat Agro Products Ltd · MBAPL

0.5
—
—
—
—
—
0.5
—
0.8
—
—
—
—
—
—
—
—
—
—
2.0

National Fertilizer Ltd · NFL

—
—
—
—
—
—
—
—
—
—
—
—
1.0
—
—
—
—
—
1.4
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

—
0.4
0.2
0.2
—
—
—
—
—
—
—
—
1.2
—
0.9
1.6
—
—
0.9
—

P/E · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

9.7
10.7
11.3
7.6
8.7
10.0
9.3
11.0
11.2
13.7
11.2
16.5
15.5
13.1
15.5
13.6
11.9
10.2
8.8
—

Coromandel International Ltd · COROMANDEL

16.7
16.5
16.7
17.9
17.3
13.6
12.6
13.8
16.8
18.2
18.3
28.7
33.4
39.8
35.5
40.0
32.4
32.6
26.8
29.6

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

10.7
9.2
11.3
10.3
10.7
7.5
5.5
5.8
9.2
12.7
13.2
18.9
25.0
21.4
16.0
21.6
19.7
16.1
13.7
—

Fertilizers & Chemicals Travancore Ltd · FACT

21.0
21.9
25.6
14.3
13.2
36.6
17.7
42.5
53.8
91.3
93.2
163.1
294.7
586.2
495.8
3,131.6
754.1
634.8
3,428.3
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

6.7
6.3
8.7
5.3
4.9
4.3
4.5
6.3
9.6
12.6
13.7
21.6
19.2
18.7
14.1
13.4
13.0
11.3
9.1
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

8.4
7.9
7.6
6.1
4.7
4.8
3.6
5.2
6.7
9.1
10.2
17.1
16.2
15.1
13.0
13.7
12.2
10.6
8.3
—

Krishana Phoschem Ltd · KRISHANA

20.3
19.9
33.9
26.7
34.4
36.8
45.9
49.3
44.4
35.7
36.2
43.8
32.9
28.8
24.5
36.5
32.5
28.4
22.9
24.9

Madhya Bharat Agro Products Ltd · MBAPL

17.3
16.2
21.6
24.4
25.7
23.9
21.4
20.9
26.0
30.5
44.3
80.1
65.1
64.4
55.1
65.2
48.4
39.9
38.6
33.6

National Fertilizer Ltd · NFL

85.5
79.4
-27.4
16.2
18.8
30.8
5.1
7.5
16.9
41.0
47.9
42.6
23.6
15.6
15.3
26.9
29.6
40.8
17.2
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
0.1
8.8
13.9
11.9
16.9
48.1
34.6
61.5
67.9
30.0
23.3
17.1
20.0
15.6
12.5
9.1
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

9.5
8.6
8.4
7.1
6.5
7.9
5.1
6.8
10.9
20.5
36.2
54.6
64.2
50.1
27.2
36.3
28.0
25.3
19.9
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

10.7
7.4
6.9
5.9
5.6
7.1
4.1
4.5
5.4
7.2
8.8
10.6
10.0
9.7
10.3
11.7
11.7
8.9
5.9
—
08 · compare level, then change

Enterprise Value & Book Value

Zuari Agro Chemicals Ltd has the lowest EV/EBITDA among the 15 Fertilisers companies compared here, at 2.1×. Southern Petrochemicals Industries Corporation Ltd is next at 3.4×. The same company also holds the lowest P/BV, at 0.44×. 15 of 15 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.

What the numbers say: Zuari Agro Chemicals Ltd leads both ev/ebitda at 2.1× and p/bv at 0.44×.

LeaderZuari Agro Chemicals Ltd · 2.1×
Gap38.2% versus #2 · Southern Petrochemicals Industries Corporation Ltd
Persistence0/8 recent comparable periods
Coverage15/15 companies · 282 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Zuari Agro Chemicals Ltd ZUARI⚠ unverified2.1
2Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified3.4
3Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC4.3
4Gujarat State Fertilizers & Chemicals Ltd GSFC4.5
5Chambal Fertilisers & Chemicals Ltd CHAMBLFERT5.7
P/BVlowest P/BV
1Zuari Agro Chemicals Ltd ZUARI⚠ unverified0.4
2Gujarat State Fertilizers & Chemicals Ltd GSFC0.5
3Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC0.8
4Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified1.0
5National Fertilizer Ltd NFL1.2
Enterprise and book valuation · company comparison
15/15 level · 15/15 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Fertilizers & Chemicals Travancore Ltd FACT171.137.1Mar 2026
Madhya Bharat Agro Products Ltd MBAPL24.29.2Jun 2026
Krishana Phoschem Ltd KRISHANA16.58.0Jun 2026
Coromandel International Ltd COROMANDEL15.85.3Jun 2026
Madras Fertilizers Ltd MADRASFERT⚠ unverified9.89.3Mar 2026
National Fertilizer Ltd NFL9.11.3Mar 2026
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERT8.31.8Mar 2026
Rashtriya Chemicals & Fertilizers Ltd RCF7.91.3Mar 2026
Paradeep Phosphates Ltd PARADEEP7.51.8Mar 2026
Khaitan Chemicals & Fertilizers Ltd KHAICHEM7.42.5Jun 2026
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT5.71.7Mar 2026
Gujarat State Fertilizers & Chemicals Ltd GSFC4.50.5Mar 2026
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFC4.30.7Mar 2026
Southern Petrochemicals Industries Corporation Ltd SPIC⚠ unverified3.40.9Mar 2026
Zuari Agro Chemicals Ltd ZUARI⚠ unverified2.10.3Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

6.6
7.5
8.1
5.6
7.7
8.4
6.3
7.4
7.2
7.9
6.8
9.9
8.9
7.3
8.9
8.6
7.3
6.4
5.7
—

Coromandel International Ltd · COROMANDEL

10.9
10.8
11.0
11.8
12.0
9.5
7.9
8.6
10.6
11.1
10.8
17.7
19.4
22.4
20.4
23.6
19.0
19.9
16.1
15.8

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

6.9
6.5
7.3
6.9
7.4
5.5
4.1
4.2
6.3
7.7
7.2
8.3
10.9
10.2
8.8
11.9
11.2
9.7
8.3
—

Fertilizers & Chemicals Travancore Ltd · FACT

14.3
10.2
10.9
10.5
8.9
25.9
12.9
29.9
37.6
60.6
56.1
112.5
167.7
230.8
157.7
199.0
153.0
147.9
171.1
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

3.0
2.6
4.6
2.9
2.9
2.5
2.5
3.6
4.7
5.5
5.4
8.7
8.1
7.1
5.4
5.8
4.9
5.5
4.3
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

5.1
4.7
4.6
3.5
2.7
2.8
2.4
3.6
4.0
5.3
4.6
9.2
7.4
6.6
5.3
6.0
5.8
5.8
4.5
—

Krishana Phoschem Ltd · KRISHANA

11.3
11.6
18.9
14.5
22.1
24.5
27.6
25.4
23.0
18.1
15.8
16.0
12.6
11.5
11.4
18.5
16.5
14.7
11.9
16.5

Madhya Bharat Agro Products Ltd · MBAPL

10.1
9.1
12.5
13.7
15.9
15.0
13.1
12.8
15.6
16.1
18.3
21.4
18.4
17.5
19.4
25.7
21.4
18.9
18.4
24.2

National Fertilizer Ltd · NFL

7.7
10.9
13.9
9.4
11.9
13.4
4.3
5.2
7.7
5.3
18.9
12.9
10.9
6.3
5.6
11.1
8.8
12.6
9.1
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
7.4
13.1
13.3
7.6
8.4
14.7
11.6
12.8
15.8
11.8
11.1
9.1
10.4
8.9
9.8
7.5
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

9.5
4.8
4.9
4.3
5.8
6.5
3.9
4.8
6.9
8.7
10.7
18.4
19.7
13.9
9.4
13.9
12.2
10.4
7.9
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

6.7
5.1
5.1
4.1
4.2
5.8
4.0
4.0
4.8
5.4
5.7
7.0
6.4
6.6
6.6
6.5
7.5
4.7
3.4
—

P/BV · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Chambal Fertilisers & Chemicals Ltd · CHAMBLFERT

2.7
2.8
2.9
2.3
2.0
1.9
1.7
1.8
1.6
2.0
1.9
3.0
2.9
2.4
3.0
3.1
2.4
1.9
1.7
—

Coromandel International Ltd · COROMANDEL

4.6
3.8
4.0
5.3
3.9
3.5
4.1
4.4
4.3
4.1
3.5
6.0
5.2
5.3
5.8
7.6
5.8
5.7
4.7
5.3

Deepak Fertilisers & Petrochemicals Corp Ltd · DEEPAKFERT

1.6
1.4
2.2
2.3
2.3
2.0
1.7
1.7
1.6
1.6
1.2
1.7
2.4
2.6
2.5
3.6
3.1
2.4
1.8
—

Fertilizers & Chemicals Travancore Ltd · FACT

-17.4
-85.1
-83.3
-12.7
14.5
49.9
20.1
42.5
52.6
37.0
28.8
50.1
45.8
47.7
31.8
46.3
44.5
41.8
37.1
—

Gujarat Narmada Valley Fertilizers & Chemicals Ltd · GNFC

1.0
1.0
1.8
1.5
1.2
1.0
1.0
1.2
1.0
1.3
1.0
1.2
1.2
1.0
0.9
1.0
0.8
0.8
0.7
—

Gujarat State Fertilizers & Chemicals Ltd · GSFC

0.5
0.5
0.6
0.6
0.4
0.5
0.4
0.6
0.6
0.8
0.6
0.8
0.7
0.6
0.5
0.6
0.7
0.6
0.5
—

Krishana Phoschem Ltd · KRISHANA

3.2
2.8
5.2
4.7
4.0
5.1
6.5
5.9
5.5
5.3
5.2
5.9
4.8
3.7
4.4
10.5
8.5
7.5
6.7
8.0

Madhya Bharat Agro Products Ltd · MBAPL

2.6
2.3
5.6
9.3
7.5
9.1
10.9
11.4
8.2
7.4
6.1
5.4
5.4
4.8
6.6
10.7
8.9
7.9
8.8
9.2

National Fertilizer Ltd · NFL

1.4
1.2
1.2
0.9
1.1
1.7
1.7
1.6
1.4
2.0
2.0
2.5
2.4
2.2
1.6
1.9
1.7
1.7
1.3
—

Paradeep Phosphates Ltd · PARADEEP

—
—
—
—
1.5
1.4
1.2
1.5
1.7
1.6
1.6
1.9
1.9
2.4
2.2
3.6
3.6
2.0
1.8
—

Rashtriya Chemicals & Fertilizers Ltd · RCF

1.4
1.1
1.2
1.3
1.2
1.7
1.4
1.6
1.8
1.9
1.5
2.3
2.2
2.0
1.5
1.9
1.7
1.6
1.3
—

Southern Petrochemicals Industries Corporation Ltd · SPIC⚠ unverified

2.1
1.8
2.3
1.9
1.3
2.0
1.7
1.9
1.5
1.5
1.3
1.7
1.6
1.3
1.4
1.7
1.6
1.3
0.9
—
09 · let price answer last

Market action

Zuari Agro Chemicals Ltd has the strongest one-year price move in Fertilisers at +13.8%. Madhya Bharat Agro Products Ltd leads on Mansfield relative strength against NIFTY at +43.9%. 4 of 15 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Fertilisers comparison names 7 specific ways its own evidence can mislead, all listed below. All 15 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 15 companies in the canonical Fertilisers membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Coromandel International Ltd COROMANDEL₹58.4K Cr₹1,9812026-07-19Jun 2026Cross-checked
Fertilizers & Chemicals Travancore Ltd FACT₹52.4K Cr₹8092026-07-19Mar 2026Cross-checked
Deepak Fertilisers & Petrochemicals Corp Ltd DEEPAKFERTAHEAD₹19.9K Cr₹1,5732026-07-19Mar 2026Cross-checked
Chambal Fertilisers & Chemicals Ltd CHAMBLFERT21/26 WEEKS₹17.3K Cr₹4312026-07-19Mar 2026Cross-checked
Paradeep Phosphates Ltd PARADEEPLAGGING, FUNDAMENTALS UP₹14.1K Cr₹1362026-07-19Mar 2026Second feed withheld
Gujarat Narmada Valley Fertilizers & Chemicals Ltd GNFCAHEAD₹7.4K Cr₹5032026-07-19Mar 2026Cross-checked
Rashtriya Chemicals & Fertilizers Ltd RCF₹6.9K Cr₹1242026-07-19Mar 2026Cross-checked
Madhya Bharat Agro Products Ltd MBAPLAHEAD26/26 WEEKS₹6.5K Cr₹1482026-07-19Jun 2026Cross-checked
Gujarat State Fertilizers & Chemicals Ltd GSFC₹6.2K Cr₹1552026-07-19Mar 2026Cross-checked
Krishana Phoschem Ltd KRISHANAAHEAD24/26 WEEKS₹5.0K Cr₹1622026-07-19Jun 2026Cross-checked
National Fertilizer Ltd NFL₹3.4K Cr₹70.32026-07-19Mar 2026Cross-checked
Southern Petrochemicals Industries Corporation Ltd SPICLAGGING, FUNDAMENTALS UP⚠ unverified₹1.3K Cr₹64.92026-07-19Mar 2026Includes unverified figures
Madras Fertilizers Ltd MADRASFERTLAGGING, FUNDAMENTALS UP⚠ unverified₹1.1K Cr₹66.42026-07-19Mar 2026Includes unverified figures
Zuari Agro Chemicals Ltd ZUARI⚠ unverified₹925 Cr₹2202026-07-19Mar 2026Includes unverified figures
Khaitan Chemicals & Fertilizers Ltd KHAICHEM₹475 Cr₹49.02026-07-19Jun 2026Primary source only
How each company's sources stand: 3 of 15 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 1 of 15 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Paradeep Phosphates Ltd (PARADEEP) — its two data sources disagree by up to 24% on reported income across 14 comparable periods, so its derived ratios are withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 15 Fertilisers companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing10 cross-checked · 4 unverified · 1 withheld, of 15 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Fertilisers company comparison FAQs

These 18 answers restate the Fertilisers comparison above in question form. Every one is computed from the same 15 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Fertilisers index?

The Nifty Fertilisers index tracks India's listed Fertilisers companies as a single basket. This page follows the same 15 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Fertilisers sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Fertilisers stocks in India?

Ranked by this page's four-factor score, Chambal Fertilisers & Chemicals Ltd places first among 15 listed Fertilisers companies, followed by Gujarat Narmada Valley Fertilizers & Chemicals Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Fertilisers stocks are listed in India?

This comparison covers 15 listed Fertilisers companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Fertilisers company is the biggest?

Coromandel International Ltd is the largest, with trailing-twelve-month revenue of ₹32,602 crore, ahead of Paradeep Phosphates Ltd at ₹21,827 crore. That covers 15 of 15 companies with comparable reporting through Jun 2026.

Which Fertilisers company is growing fastest?

Krishana Phoschem Ltd has the fastest revenue growth at 73.3% year on year, across 15 of 15 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Fertilisers company has the best profit margins?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has the highest operating margin at 22%, from 15 of 15 comparable companies. Madras Fertilizers Ltd shows the biggest recent improvement, at +16 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Fertilisers company makes the most profit?

Chambal Fertilisers & Chemicals Ltd earns the most, at ₹1,953 crore of trailing-twelve-month net profit, from 15 of 15 comparable companies. Fertilizers & Chemicals Travancore Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Fertilisers company earns the highest return on capital?

Krishana Phoschem Ltd leads on return on capital employed at 27.2%, across 15 of 15 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Fertilisers stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Gujarat Narmada Valley Fertilizers & Chemicals Ltd screens cheapest at 0.27×. Only 10 of 15 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Fertilisers company has the strongest balance sheet?

Gujarat Narmada Valley Fertilizers & Chemicals Ltd carries the lowest comparable gross debt at ₹6 crore, from 15 of 15 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Fertilisers stock has the strongest price momentum?

Madhya Bharat Agro Products Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Fertilisers company scores highest for research priority?

Chambal Fertilisers & Chemicals Ltd scores 72.1 out of 100 with 95.6% evidence confidence, from 19.4 points on growth and earnings, 19.4 on capital efficiency, 16.4 on valuation and 16.9 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Fertilisers companies does this comparison cover, and over what period?

It compares 15 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Fertilisers sector?

The 15 Fertilisers companies on this page carry ₹2,01,208 crore of combined market value. Coromandel International Ltd is the largest at ₹58,437 crore, about 29% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Fertilisers sector's P/E ratio?

The median price-to-earnings ratio across the 15 Fertilisers companies on this page is 13.8×, measured on the 15 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Fertilisers sector performing?

4 of the 15 covered Fertilisers companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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