# Madras Fertilizers share price today (Madras Fertilizers Ltd, NSE: MADRASFERT)

> Madras Fertilizers share price today: ₹54.48 at the NSE close on 3 November 2026, down 33.6% in a year. Madras Fertilizers (NSE: MADRASFERT) is worth ₹878 crore, trades at a P/E of 11.3 and has closed between ₹51.36 and ₹82.11 over the past 52 weeks. > Madras Fertilizers Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MADRASFERT · Fertilisers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/madras-fertilizers-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹54.48 (−33.6% in a year)
- P/E: 11.3× (lower than 58% of the last 9.6 years)
- Revenue (Jun 2026): ₹814 Cr (+21.1% on a year ago)
- Profit (Jun 2026): ₹35.0 Cr (−20.5% on a year ago)
- Operating margin: 6.0% (−4.0 points on a year ago)
- ROCE: 25%, FY26
- ROIC: 20.3%, against a 12.0% cost of capital: +8.3 points

The main question: yearly earnings per share moved +25.1% while the share price moved −33.6%. ## What is the Madras Fertilizers share price today? Madras Fertilizers Ltd's share price was ₹54.48 at the close on 3 November 2026. It has been falling for 56 weeks. That is 18.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹51 and ₹82, and at that close it sat 10% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running. Over the last 11 years the share price moved +347% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Madras Fertilizers this quarter? 2. Highest quarterly revenue in 14 quarters Revenue of ₹814 crore in the June 2026 quarter is the highest of the last 14 quarters. 3. Operating margin down 4 points on a year earlier 6% in the June 2026 quarter, from 10%. ## What dividend does Madras Fertilizers pay? Madras Fertilizers has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Madras Fertilizers Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Madras Fertilizers' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Madras Fertilizers reported revenue of ₹814 crore, up 21.1% from ₹672 crore a year earlier, and a profit of ₹35.0 crore, down 20.5% from ₹44.0 crore. ### Madras Fertilizers results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹814 crore | ₹672 crore | +21.1% |
| Profit | ₹35.0 crore | ₹44.0 crore | −20.5% |
| Earnings per share | ₹2.15 | ₹2.73 | −21.2% |
| Operating margin | 6.0% | 10.0% | −4.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Madras Fertilizers share price history? Madras Fertilizers closed at ₹54.48 on 3 November 2026, down 33.6% from ₹82.01 a year earlier (31 October 2025) and up 88.2% over five years. Its highest weekly close since March 2016 was ₹125.36 on 12 July 2024. ### Madras Fertilizers share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹51.36 | +6.1% |
| 1 month ago · 1 Oct 2026 | ₹57.46 | −5.2% |
| 6 months ago · 30 Apr 2026 | ₹68.62 | −20.6% |
| 1 year ago · 31 Oct 2025 | ₹82.01 | −33.6% |
| 3 years ago · 3 Nov 2023 | ₹79.40 | −31.4% |
| 5 years ago · 4 Nov 2021 | ₹28.95 | +88.2% |
| 10 years ago · 4 Nov 2016 | ₹14.20 | +283.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹12.20 | +346.6% |
| Highest weekly close since March 2016 · 12 Jul 2024 | ₹125.36 | −56.5% |
| Lowest weekly close since March 2016 · 20 Mar 2020 | ₹10.15 | +436.7% |
| 52-week high (weekly close) · 9 Jan 2026 | ₹82.11 | −33.6% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹51.36 | +6.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Madras Fertilizers? 3 Nov 2026: Madras Fertilizers closed at ₹54.48, up 6.1% on the week and down 5.2% on the month. Results for April to June 2026: Revenue up 21.1% and profit down 20.5% on a year earlier. ## Which stock lists is Madras Fertilizers on? Madras Fertilizers is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): 5](https://www.sectoralpha.in/penny-stocks-india)

## Is Madras Fertilizers profitable? Madras Fertilizers Ltd earned ₹35.0 Cr of net profit in the Jun 2026 quarter, −20.5% on the same quarter a year earlier. Full-year FY26 profit was ₹80.0 Cr. That is 4.3% of the quarter's revenue. The same quarter a year earlier earned ₹44.0 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹80.0 Cr (+25.0% on the year before). Why profit moved: revenue changed +21.1% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +144.5% and revenue −1.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Madras Fertilizers make, and is it growing? Madras Fertilizers Ltd reported ₹814 Cr of revenue in the Jun 2026 quarter, +21.1% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 6.7% a year on average. The last full year, FY26, came in at ₹2,300 Cr. The last four reported quarters add to ₹2,442 Cr. FY26 revenue was ₹2,300 Cr, −9.5% on the year before. Recent pace: the last four quarters grew −1.2% on average, against 6.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −4.5%, against +1.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +4.3%, against −4.5% a year (accelerating). ## How much of every ₹100 of sales does Madras Fertilizers keep? Madras Fertilizers Ltd's operating margin was 6.0% in the Jun 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −1.8% and 11.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −6.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Madras Fertilizers' profit turning into cash? Over the last 3 years, 196% of Madras Fertilizers Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹5.0 Cr of operating cash against ₹80.0 Cr of profit. After ₹30.0 Cr of spending on assets, free cash was −₹25.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 196% of profit came in as cash: the cash cycle got 16 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building. ## Where does Madras Fertilizers' cash go? Madras Fertilizers Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 33 days in FY26, down from 49 days in FY21. It spent ₹74.0 Cr on assets over the last 3 years. Customers take 75 days to pay, and stock sits for 47 days on average. At FY26 sales of ₹2,300 Cr, each day of that cycle ties up about ₹6.3 Cr, so roughly ₹208 Cr is tied up in the business at any time. FY26: customers took 75 days to pay and stock sat for 47 days, about 1.5 months of sales sitting as stock, for a full cycle of 33 days, shorter than FY21's 49. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 47 days. Customers pay about 75 days after that. Suppliers are paid at 90 days. Together that makes the 33-day cycle. Spending on assets: ₹74.0 Cr over the last 3 years, against ₹36.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹27.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Madras Fertilizers' P/E ratio, and how does it compare with its own history? Madras Fertilizers Ltd's P/E is 11.3×, in the middle of its own history: higher than 42% of past readings. Its usual P/E (the middle reading) is 12.3×, over 9.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹4.41. Why the multiple is where it is: over the past year earnings per share moved +25.1% while the price moved −33.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +13.5% a year; about +4.7% a year came from earnings growth and about +8.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Madras Fertilizers business getting better or worse? Madras Fertilizers Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 88.9%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Madras Fertilizers earn on its capital? Madras Fertilizers Ltd earned a ROCE of 25% in FY26. That is up from a low of −5% in FY15. Its return on capital used (ROIC) is 8.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.5% net margin and 0.99× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.5% net margin × 0.99× asset turnover × 25.36× leverage (assets divided by equity) ≈ 87.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 20.3% − 12.0% = +8.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 20.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 24.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Madras Fertilizers have too much debt? Madras Fertilizers Ltd has total debt of ₹634 Cr against shareholder equity of ₹92.0 Cr as of Jun 2026, so its debt is 6.89× its equity. Year by year, that ratio went from −3.44 in FY22 to 6.89 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Madras Fertilizers shareholding pattern? No group of Madras Fertilizers Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 85.3%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%; Domestic institutions: +0.0 points over 8 quarters, to 0.1%. ## How far is Madras Fertilizers from balance-sheet trouble? For Madras Fertilizers Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Madras Fertilizers rank in its industry? 43.3 out of 100, rank 13 of 15 in Fertilisers, with 74% of the evidence available. Madras Fertilizers Ltd scores 43.3 out of 100 against the 15 companies it is compared with in Fertilisers, ranking 13. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 6.3 + 15.4 + 13.8 + 7.8 = 43.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Madras Fertilizers compared with? Madras Fertilizers ranks 13 of 15 Fertilisers companies on the 4-Factor Sector Score, with 43.3 out of 100. 1. [Krishana Phoschem Ltd](https://www.sectoralpha.in/stocks/krishana-phoschem-ltd) KRISHANA · leader · Most evidence points up · 96% evidence 77.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 73.3% · Profit 92.2% · Operating margin change 0 points · 88% evidence Capital efficiency 19.6/25 · ROCE 27.2% · Operating margin 17% · 100% evidence Valuation 10.1/20 · P/E 35.9× · PEG 0.58 · 100% evidence Relative strength 20.0/20 · Lead over its industry 83.9% · Lead over NIFTY 500 75.7% · 1 year 126.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.5 + 19.6 + 10.1 + 20 = 77.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Gujarat Narmada Valley Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-narmada-valley-fertilizers-chemicals-ltd) GNFC · leader · Most evidence points up · 96% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 12.6% · Profit 84.5% · Operating margin change 16.1 points · 88% evidence Capital efficiency 14.6/25 · ROCE 12% · Operating margin 18% · 100% evidence Valuation 15.6/20 · P/E 7.2× · PEG 0.27 · 100% evidence Relative strength 17.6/20 · Lead over its industry 9.8% · Lead over NIFTY 500 5.1% · 1 year 0.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.8 + 14.6 + 15.6 + 17.6 = 73.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Madhya Bharat Agro Products Ltd](https://www.sectoralpha.in/stocks/madhya-bharat-agro-products-ltd) MBAPL · leader · Most evidence points up · 96% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 47.6% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.2/25 · ROCE 19.3% · Operating margin 16% · 100% evidence Valuation 7.3/20 · P/E 52.4× · PEG 0.8 · 100% evidence Relative strength 17.9/20 · Lead over its industry 66.5% · Lead over NIFTY 500 59.2% · 1 year 117.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.1 + 16.2 + 7.3 + 17.9 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Chambal Fertilisers & Chemicals Ltd](https://www.sectoralpha.in/stocks/chambal-fertilisers-chemicals-ltd) CHAMBLFERT · quiet · Evidence leans up · 96% evidence 60.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Revenue 15.6% · Profit 10.2% · Operating margin change 3 points · 88% evidence Capital efficiency 20.0/25 · ROCE 25.2% · Operating margin 16% · 100% evidence Valuation 16.6/20 · P/E 7.3× · PEG 0.52 · 100% evidence Relative strength 5.1/20 · Lead over its industry -12.1% · Lead over NIFTY 500 -15.6% · 1 year -26.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.3 + 20 + 16.6 + 5.1 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Khaitan Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/khaitan-chemicals-fertilizers-ltd) KHAICHEM · Too little evidence to rank firmly · 59% evidence 58.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.2/43.75 · Revenue 19.9% · Profit 32.5% · Operating margin change -3 points · 88% evidence Capital efficiency 18.3/31.25 · ROCE 18.5% · Operating margin 11% · 100% evidence Valuation 12.7/25 · P/E 8.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.2 + 18.3 + 12.7 = 58.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Zuari Agro Chemicals Ltd](https://www.sectoralpha.in/stocks/zuari-agro-chemicals-ltd) ZUARI · quiet · Evidence leans up · 96% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue -44% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 10.5/25 · ROCE 16.4% · Operating margin 10% · 100% evidence Valuation 19.9/20 · P/E 2.5× · PEG 0.08 · 100% evidence Relative strength 1.6/20 · Lead over its industry -15.2% · Lead over NIFTY 500 -18.7% · 1 year -27.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21 + 10.5 + 19.9 + 1.6 = 53 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Rashtriya Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/rashtriya-chemicals-fertilizers-ltd) RCF · quiet · Evidence leans up · 81% evidence 50.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 17.5% · Profit 56.8% · Operating margin change 1.3 points · 88% evidence Capital efficiency 7.3/25 · ROCE 10.4% · Operating margin 6% · 100% evidence Valuation 11.4/20 · P/E 12.4× · PEG 0.9 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.2% · 1 year -37.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24.4 + 7.3 + 11.4 + 7.5 = 50.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Gujarat State Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-state-fertilizers-chemicals-ltd) GSFC · quiet · Evidence leans down · 81% evidence 47.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 29.2% · Profit 7.8% · Operating margin change -3 points · 88% evidence Capital efficiency 4.7/25 · ROCE 7.2% · Operating margin 6% · 100% evidence Valuation 16.0/20 · P/E 7.7× · PEG 0.3 · 100% evidence Relative strength 9.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.2% · 1 year -30.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18 + 4.7 + 16 + 9 = 47.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Southern Petrochemicals Industries Corporation Ltd](https://www.sectoralpha.in/stocks/southern-petrochemicals-industries-corporation-ltd) SPIC · quiet · Evidence leans down · 89% evidence 46.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue -2.9% · Profit 28.3% · Operating margin change -5 points · 88% evidence Capital efficiency 14.3/25 · ROCE 16.8% · Operating margin 7% · 100% evidence Valuation 14.8/20 · P/E 5.5× · PEG 0.45 · 65% evidence Relative strength 6.6/20 · Lead over its industry -13.2% · Lead over NIFTY 500 -16.8% · 1 year -38.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 14.3 + 14.8 + 6.6 = 46.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Deepak Fertilisers & Petrochemicals Corp Ltd](https://www.sectoralpha.in/stocks/deepak-fertilisers-petrochemicals-corp-ltd) DEEPAKFERT · quiet · Evidence leans down · 96% evidence 45.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 13.6% · Profit -0.5% · Operating margin change 7 points · 88% evidence Capital efficiency 12.8/25 · ROCE 11.4% · Operating margin 26% · 100% evidence Valuation 11.1/20 · P/E 14.1× · PEG 0.57 · 100% evidence Relative strength 5.9/20 · Lead over its industry -6.4% · Lead over NIFTY 500 -10.6% · 1 year -26.2% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.8 + 12.8 + 11.1 + 5.9 = 45.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [National Fertilizer Ltd](https://www.sectoralpha.in/stocks/national-fertilizer-ltd) NFL · quiet · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative
12. [Paradeep Phosphates Ltd](https://www.sectoralpha.in/stocks/paradeep-phosphates-ltd) PARADEEP · quiet · Evidence leans down · 67% evidence 44.5 out of 100 Growth Capital Valuation Relative
13. Madras Fertilizers Ltd this page MADRASFERT · quiet · Evidence leans down · 74% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.3/35 · Revenue -4.5% · Profit 4.3% · Operating margin change -4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 25% · Operating margin 6% · 100% evidence Valuation 13.8/20 · P/E 10.7× · PEG 0.35 · 65% evidence Relative strength 7.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.3% · 1 year -37% · 25% evidence · 0 of 12 weeks ahead Exact sum: 6.3 + 15.4 + 13.8 + 7.8 = 43.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 14. [Coromandel International Ltd](https://www.sectoralpha.in/stocks/coromandel-international-ltd) COROMANDEL · quiet · Evidence leans down · 81% evidence 41.5 out of 100 Growth Capital Valuation Relative
15. [Fertilizers & Chemicals Travancore Ltd](https://www.sectoralpha.in/stocks/fertilizers-chemicals-travancore-ltd) FACT · quiet · Most evidence points down · 76% evidence 25.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Fertilisers](https://www.sectoralpha.in/sectors/fertilisers), all 15 compared on one page. ## Which companies are close to Madras Fertilizers in size? Madras Fertilizers is the 13th largest of 15 Fertilisers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Gujarat State Fertilizers & Chemicals, Rashtriya Chemicals & Fertilizers, National Fertilizer and Southern Petrochemicals Industries Corporation. Just below it: Zuari Agro Chemicals and Khaitan Chemicals & Fertilizers. ### Fertilisers companies close in size

1. [Gujarat State Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-state-fertilizers-chemicals-ltd) ₹5,311 crore
2. [Rashtriya Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/rashtriya-chemicals-fertilizers-ltd) ₹5,165 crore
3. [National Fertilizer Ltd](https://www.sectoralpha.in/stocks/national-fertilizer-ltd) ₹2,877 crore
4. [Southern Petrochemicals Industries Corporation Ltd](https://www.sectoralpha.in/stocks/southern-petrochemicals-industries-corporation-ltd) ₹1,133 crore
5. Madras Fertilizers Ltd ₹832 crore
6. [Zuari Agro Chemicals Ltd](https://www.sectoralpha.in/stocks/zuari-agro-chemicals-ltd) ₹775 crore
7. [Khaitan Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/khaitan-chemicals-fertilizers-ltd) ₹481 crore

[All 15 Fertilisers companies, largest first](https://www.sectoralpha.in/sectors/fertilisers#all-companies)

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## What else do people ask about Madras Fertilizers? ### What is Madras Fertilizers's share price today? Madras Fertilizers Ltd's share price is ₹54.48, −33.6% over the past year. The whole company is worth ₹878 Cr on the market. In the last 52 weeks it traded between ₹51 to ₹82; today it is 10% of the way up from the low, 18.6% below its 200-day average (as of 3 November 2026). ### What were Madras Fertilizers's latest quarterly results? Madras Fertilizers Ltd reported revenue of ₹814 Cr and net profit of ₹35.0 Cr for the Jun 2026 quarter. Revenue rose 21.1% and profit fell 20.5% compared with a year earlier. Earnings per share were ₹2.15. The operating margin was 6.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Madras Fertilizers's market cap? Madras Fertilizers Ltd's market capitalisation is ₹878 Cr at a share price of ₹54.48. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Madras Fertilizers performing? Madras Fertilizers Ltd's share price has been falling for 56 weeks. In its latest quarter, revenue rose 21.1% and profit fell 20.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 20 weeks running (as of 3 November 2026). ### Will Madras Fertilizers's share price go up? This page does not forecast Madras Fertilizers Ltd's share price. What it shows instead: the share price is ₹54.48, and it has been falling for 56 weeks. Its P/E of 11.3× is higher than 42% of its own last 10 years (as of 3 November 2026). ### Who owns Madras Fertilizers? Promoters own 85.3% of Madras Fertilizers Ltd, foreign institutions 0.0%, domestic institutions 0.1% and the public 14.7% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Madras Fertilizers in its business cycle? Madras Fertilizers Ltd's FY26 operating margin was 5.0%, against a 13-year range of −1.8% to 11.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Madras Fertilizers story? The main question: yearly earnings per share moved +25.1% while the share price moved −33.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Madras Fertilizers a stock worth studying right now? What the numbers show: Madras Fertilizers Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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