Madras Fertilizers Limited

NSE

MADRASFERT

Stock

Yield per half year: +12.21%
Dividend yield: 0%
Sector: Materials

Reporting Madras Fertilizers Limited

Capitalization

IFRS

Reporting Annual Quarterly

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
Capitalization, bln ₹	2.23	3.8	4.73	3.4	2.75	4.64	7.64	11.94		14.68	14.68	8.33	39.79
Revenue, bln ₹		14	3.86	2.85	3.34	3.82	3.39	3.08	2.44	25.42	25.42	7.63	46.09
Net profit, bln ₹		-0.2331	-0.4481	-0.8085	-1.35	0.0287	1.62	1.85	0.0556	0.6425	0.6425	0.8394	86.21
EV, bln ₹		16.47	19.8	19.55	19.43	17.92	25.93	20.5	23.3	20.84	20.84	21.70	3.07
EBIT, bln ₹		0.485	-0.1107	-0.298	-0.5335	0.9404	2.66	3.24	0.8408	1.55	1.55	1.85	10.51
EBITDA, bln ₹		0.6986	0.1094	-0.0681	-0.2178	1.25	2.75	3.34	0.9437	1.66	1.66	1.99	5.84
OIBDA, bln ₹					0.9365	2.33	3.68	4.66	2	2.13	2.13	2.96	-1.78
Book value, bln ₹		-5.55	-4.92	-5.75	-6.31	-6.95	-5.05	-2.87	-1.9	-0.323	-0.323	-3.4186	-45.87
FCF, bln ₹		2.13	-1.54	-0.4446	0.3358	4.7	-3.25	6.77	1.33	1.32	1.32	2.17	-22.43
Operating Cash Flow, bln ₹		2.2	-1.5	-0.2263	0.8482	4.91	-3.17	6.87	1.64	1.45	1.45	2.34	-21.65
Operating profit, bln ₹		-0.2331	0.2491	-0.4759	-0.3686	1.03	2.39	3.17	1.11	1.11	1.11	1.76	1.51
Operating expenses, bln ₹		2.74	-9.78	-10.85	-7.05	-6.65	-14.14	-25.88	-15.17	0.4051	0.4051	-12.2870	-157.14
CAPEX, bln ₹		0.0699	0.0416	0.2183	0.5124	0.2099	0.0789	0.1069	0.3158	0.1323	0.1323	0.1688	-8.82

	2014Q4	2015Q4	2016Q4	2017Q4	2018Q4	2019Q4	2020Q4	2021Q1	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	Average for 5 quarters	CAGR 5
Capitalization, bln ₹	2.99	2.22	2.24	5.1	3.22	3.15	2.84			4.65				9.17				13.88						6.74	34.53
Revenue, bln ₹														9.54	7.68	5.29	3.85	5.56	7.58	6.55	5.32	8	5.55	6.60	-6.04
Net profit, bln ₹														0.5107	0.4732	-0.344	0.0335	-0.5169	0.883	0.4048	0.0158	0.7463	-0.5244	0.3051	-190.10
EV, bln ₹											25.92		23.86	12.74	1 681.57	15.27	21.86		23.49		25.23		20.84	21.34	6.42
EBIT, bln ₹														0.8477	0.9021	-0.1616	0.1737	-0.3593	1.19	0.7116	0.1828	1.14	-0.4841	0.5481	-183.54
EBITDA, bln ₹														0.8777	0.908	-0.1316	0.2038	-0.3293	1.2	0.7416	0.2067	1.16	-0.4486	0.5719	-182.14
OIBDA, bln ₹																		0.2916	1.23	0.9615	0.2773	1.46	-0.5708	0.6716	-185.77
Book value, bln ₹												-5.05	-3.86	-3.86	-2.87	-2.87	-2.28		-1.9	-1.9	-0.5046		-0.323	-1.3815	-32.35
FCF, bln ₹													0.06	0.06	0.0118	0.06	0.0602	0.06						0.0504	0.00
Operating Cash Flow, bln ₹											-0.0317		0.06	0.06	0.0118	0.06	0.0602	0.06	1.64		1.46		1.16	0.8760	80.71
Operating profit, bln ₹														0.8477	0.9021	-0.1616	0.1737	0.104	0.9096	0.6247	0.0864	1.04	-0.6466	0.4028	-193.40
Operating expenses, bln ₹														1.44	1.57	1.35	1.1	0.0846	0.2635	0.0487	2.17	2.7	0.2309	1.08	-2.61
CAPEX, bln ₹								0.0634	0.0045		0.000202		0.0045		0.0078		0.0041		0.3158		0.0092		0.1323	0.0938	76.15

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
Cash, bln ₹				0.024	0.0009	0.3682	1.33	0.5	-0.0113	3.69	5.64	6.66	6.66	3.30	67.84
Short-Term Investments ₹				0.0223	0.2712	0.3675	1.03	0.3481	0.3365	0.3664	0.0289	0.2893	0.2893	0.2738	-3.63
Long-Term Investments ₹	0.004	0.004	0.004	1.35	1.49	1.98								0.9656	245.88
Accounts Receivable ₹				0.4574	10.07	8.57	6.41	4.78	9.84	5.04	3.21	3.93	3.93	5.36	-3.84
Total Current Assets ₹				9.03	12.27	11.75	10.25	7.75	14.24	12.79	12.86	14.58	14.58	12.44	13.47
Net assets, bln ₹			1.94	2.04	1.86	1.77	2.19	2.07	2.03	2.04	2.19		2.19	2.10	0.00
Assets, bln ₹				11.02	15.82	15.68	15.28	12.11	19.11	18.57	20.07	22.33	22.33	18.44	13.02
Short-Term Debt ₹				11.33	14	15.73	17.49	13.51	17.28	14.94	15.83	15.94	15.94	15.50	3.36
Long-Term Debt ₹	2.29	1.97	1.66	1.36	1.07	0.7862	0.5128	0.263	0.0897				0.0897	0.5443	-39.09
Liabilities, bln ₹				16.58	20.74	21.44	21.59	19.06	24.16	21.59	22.13	22.66	22.66	21.92	3.52
Net debt, bln ₹				12.67	15.06	16.15	16.67	13.28	17.37	11.25	10.2	9.28	9.28	12.28	-6.92
Debt, bln ₹				12.69	15.06	16.52	18.01	13.77	17.36	14.94	15.83	15.94	15.94	15.57	2.97
Interest Income ₹				0.5458	0.0118	0.0054	0.0368	0.9847	0.9311	0.7819				0.5480	170.49
Interest Expense, bln ₹				0.7344	0.6222	1	0.8685	0.9069	0.8428	0.8851	0.7221	0.6314	0.6314	0.7977	-6.99
Net interest income, bln ₹				-0.7143	-0.9258	-1.22	-0.9853	-0.9847	-0.9311	-0.7819			0.7819	-0.9806	-8.51
Amortization, bln ₹				0.2136	0.2201	0.2299	0.3157	0.3113	0.0945	0.0959	0.1029	0.1163	0.1163	0.1442	-17.87
Cost of production, bln ₹				10.76	13.54	13.69	10.79	9.45	14.98	25.86	16.25	23.91	23.91	18.09	20.40
Inventory ₹				3.45	2.2	2.81	2.51	2.47	2.84	2.32	2.06	2.1	2.1	2.36	-3.19

	2017Q1	2017Q3	2018Q1	2018Q3	2019Q1	2019Q3	2020Q1	2020Q3	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	Average for 5 quarters	CAGR 5
Cash, bln ₹													-0.0113	-0.3181	0.235	-0.235	3.69	-3.69	4.67		5.64		6.06		6.66	3.87	-212.54
Short-Term Investments ₹													0.3365	0.6362	0.508	0.47	0.3664	7.38	0.1953		0.0289		0.393		0.2893	1.66	-47.68
Long-Term Investments ₹	0.004	0.0059	1.49	1.49	1.98	1.98																				1.39	220.01
Accounts Receivable ₹										3.95	3.95	10.07	10.07		9.89		5.04		1.87		3.21		0.0055		3.93	2.81	-4.85
Total Current Assets ₹													14.24	0.3181	14.14	0.235	12.79	3.69	10.86		12.86		12.41		14.58	10.88	31.63
Net assets, bln ₹								1.88	2.07		1.92		2.03		1.98		2.04		2.07		2.19		2.15		2.19	2.13	1.43
Assets, bln ₹										12.98	12.98	19.11	19.11		19.85		18.57		17.92		20.07		20.32		22.33	19.84	3.76
Short-Term Debt ₹										14.5	14.5	17.27	17.27		15.93		14.94		14.03		15.83		15.08		15.94	15.16	1.30
Long-Term Debt ₹			1.07	0.9192	0.7862	0.6532	0.5128	0.5128	0.263		0.263		0.089		0.089											0.2434	-29.55
Liabilities, bln ₹											19.33	24.16	24.16		23.71		21.44		20.2		22.13	1.9	20.82		22.66	17.54	2.32
Net debt, bln ₹													17.37	0.3181	15.79	0.235	11.25	3.69	9.35		10.2		9.02		9.28	8.31	20.26
Debt, bln ₹								15.37	13.77		14.76		17.36		16.02		1 247.33		14.03		15.83		15.08		15.94	261.64	-58.19
Interest Income ₹										0.1995	0.1951	0.198	0.3385	0.1906	0.1942	0.2069	0.1902	0.1824	0.1402							0.1828	-6.31
Interest Expense, bln ₹																0.2069	0.1902	0.1824	0.1402	0.1576	0.2419	0.1707	0.1496	0.1517	0.1594	0.1747	-8.00
Net interest income, bln ₹											-0.1951	-0.198	-0.3385	-0.1906	-0.1942	-0.2069	-0.1902	-0.1824	-0.1402	-0.1576						-0.1755	-5.30
Amortization, bln ₹																0.03	0.0059	0.03	0.0301	0.03	0.0128	0.03	0.0239	0.0269	0.0355	0.0258	22.63
Cost of production, bln ₹																7.28	5.27	4.14	2.67	5.37	6.41	5.88	3.07	4.26	5.96	5.12	-1.45
Inventory ₹										2.69	2.69	2.84	2.84		2.5		2.32		2.64		2.06		2.25		2.1	2.27	-1.97

Share

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
EPS			-5.02	-8.36	0.1781	10.08	11.5	0.35	3.99	3.99	5.22	86.24
Share price	44.9	23.9	19.75	20.7	29	77.6	110.7	95.12	91.07	91.07	80.70	25.72
Number of shares, mln	160.7	161.04	158.33	159.73	160.91	161.1	161.1	158.86	161.19	161.19	160.63	0.03
FCF/share	13.24	-9.59	-2.81	2.1	29.19	-20.15	42	8.35	8.18	8.18	13.51	-22.46

	2014Q4	2015Q4	2016Q4	2017Q4	2018Q4	2019Q4	2020Q4	2021Q4	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Average for 5 quarters	CAGR 5
EPS											3.17	245.22	-2.14	0.2079	-3.21	5.48	2.51	0.1	4.63	-3.25			1.89	-190.08
Share price									48.76	48.9	56.92	61.7	70.86	77.71	86.16					72.84	92.93	90.49	84.03	3.09
Number of shares, mln	161.13	161.36	160	160.7	161.04	158.33	159.73	160.91			161.1				161.1								160.23	0.35
FCF/share											0.3724	0.0732	0.3724	0.3737	0.3726								0.3129	0.01

Efficiency

IFRS

Reporting Annual Quarterly

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
ROE, %		4.2	9.11	14.05	21.38	-0.4128	-27.05	-64.56	-2.93	-198.92	-198.92	12.01	-58.7746	244.02
ROA, %		-2.12	-2.83	-5.16	-8.83	0.237	10.4	9.98	0.277	2.88	2.88	7.35	4.75	64.79
ROS, %		-1.66	-11.61	-28.35	-40.44	0.7519	47.95	60.21	2.28	2.53	2.53	8.54	22.74	27.47
ROCE, %		-8.73	2.25	5.18	8.46	-13.53	-61.95	-107.25	-40.87	-479.07	-479.07	17.89	-140.5340	104.09
EBIT margin					-11.18	26.62	78.52	105.36	34.5	6.09	6.09	12.65	50.22	-25.55
EBITDA margin		4.99	2.83	-2.39	-6.53	32.79	81.31	108.48	38.72	6.55	6.55	17.17	53.57	-27.54
Net margin		-1.66	-11.61	-28.35	-40.44	0.7519	47.95	60.21	2.28	2.53	2.53	8.54	22.74	27.47
Operational efficiency, %		-1.66	6.45	-16.69	-11.05	27.09	70.6	103.05	45.74	4.36	4.36	20.43	50.17	-30.60
FCF yield, %	-1.71	56	-32.63	-13.08	12.21	101.12	-42.51	56.69		8.98	8.98	2.29	27.30	-5.96

	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
ROE, %					-12.47	-6.19	-13.21	-16.48	11.98	-1.06		-46.54	-21.34	-3.13		162.35			12.01	18.06	-373.55
ROA, %	1.91	-0.8805	2.79	4.99		1.21		2.55		0.3739		4.4		0.0778		-2.35			7.35	1.01	-198.38
ROS, %									-6.51	0.8696	-9.3	11.64	6.18	0.2968	9.33	-9.45	2.28	2.53	8.54	0.9974	53.51
ROCE, %			-14.45	-27.7		-12.98		-31.42		-14.5		-57.75		-36.23		149.88	-40.87	-479.07	17.89	-92.8080	52.68
EBIT margin										4.51	-6.46	15.66	10.86	3.43	14.22	-8.73	34.5	6.09	12.65	9.90	12.17
EBITDA margin									-2.49	5.29	-5.92	15.83	11.32	3.88	14.56	-8.09	38.72	6.55	17.17	11.12	11.04
Net margin							5.35	6.16	-6.51	0.8696	-9.3	11.64	6.18	0.2968	9.33	-9.45			8.54	3.60	-195.92
Operational efficiency, %									-3.06	4.51	1.87	11.99	9.54	1.62	13.05	-11.66	45.74	4.36	20.43	10.62	21.90
FCF yield, %							0.6543				0.4322								2.29	0.5433	-18.73

Coefficients

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
P/E	-16.3	-10.56	-4.2	-2.04	161.84	5.27	4.99	235.71	22.85	22.85	61.81	86.13	-32.40
P/BV	-0.6842	-0.962	-0.5908	-0.436	-0.6681	-1.69	-3.06	-6.37	-45.45	-45.45	5.22	-11.4476	132.56
P/S	0.2714	1.23	1.19	0.8247	1.22	2.53	3.01	5.38	0.5775	0.5775	4.34	2.54	-13.89
P/FCF	1.79	-3.06	-7.64	8.19	0.9889	-2.35	1.76	8.74	11.13	11.13	62.80	4.05	62.28
E/P	-0.0613	-0.0947	-0.2379	-0.4903	0.0062	0.2126	0.1553	0.0048	0.0438	0.0438	0.03	0.0845	47.85
EV/EBIT				-49.93	17.1	9.75	6.32	27.71	13.47	13.47	26.37	14.87	-4.66
EV/EBITDA	23.57	180.96	-287.03	-89.19	14.32	9.42	6.14	24.69	12.53	12.53	18.45	13.42	-2.64
EV/S	1.18	5.13	6.85	5.82	4.69	7.66	6.66	9.56	0.8199	0.8199	3.81	5.88	-29.45
EV/FCF	7.74	-12.82	-43.96	57.85	3.82	-7.99	3.03	17.57	15.8	15.8	51.02	6.45	32.84
Debt/EBITDA	18.17	137.7	-242.52	-82.68	11	6.31	4.47	16.78	9.58	9.58	1.57	9.63	-2.73
Netdebt/Ebitda	18.13	137.69	-237.12	-76.56	10.61	6.31	3.37	10.81	5.58	5.58	1.17	7.34	-12.06
Debt/Ratio	1.15	0.9521	1.05	1.18	1.14	0.9085	0.8047	0.7887	0.7139	0.7139	0.15	0.8712	-8.94
Debt/Equity	-2.28	-3.06	-2.87	-2.85	-1.98	-3.44	-5.2	-8.35	-70.14	-70.14	0.65	-17.8220	104.11
Debt/Net Income	-54.44	-33.62	-20.43	-13.35	479.92	10.69	8.06	284.76	24.81	24.81	6.55	161.65	-44.70
PEG									-3.6	-3.6	-13.71	-3.6000	0.00
Beta							4.39	2.33	1.09	1.09	0.24	2.60	-37.15
Altman Index	1.96	0.6602	0.4212	0.3427	1.21	1.29	2.84	1.92	2.31	2.31	-7.38	1.91	13.81

	2016Q4	2017Q4	2018Q4	2019Q4	2020Q4	2021Q1	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
P/E										4.12	3.79	17.96	4.8		18.58	-26.85	241.92	21.73	21.02	7.38				61.81	53.04	-177.24
P/BV					-0.4301			-0.7328	-1.69		-2.03	-2.37	-3.1		-5.48		-6.46		-32.12		-35.78			5.22	-16.5880	63.10
P/S												0.9614	0.2582	0.3663	0.4746	0.7627	0.595	0.7408	0.6579	0.5493	0.4528			4.34	0.5992	-5.32
P/FCF												152.84				231.35						8.74	11.13	62.80	101.02	-48.05
E/P	-0.0457	-0.018	0.024	0.006	0.0208			0.1145				0.0557				-0.0372						0.0048	0.0438	0.03	0.0363	-17.48
EV/EBIT															125.85		19.77		138.04		-43.05	27.71	13.47	26.37	31.19	-7.39
EV/EBITDA									9.41		6.55	3.44	5.99	-116.01	11.77		19.56		122.08		-46.45			18.45	-1.8100	-16.73
EV/S														2.89	5.67		3.1		4.74		3.76	9.56	0.8199	3.81	4.40	-23.36
EV/FCF														254.44	363.14							17.57	15.8	51.02	162.74	-50.08
Debt/EBITDA							91.04		13.88		30.14		16.45		68.82		13.18		72.98		-35.54	16.78	9.58	1.57	15.40	-6.18
Netdebt/Ebitda											29.7	0.2677	12.39	-28.05	45.89		8.49		43.66		-20.69	10.81	5.58	1.17	9.57	-8.05
Debt/Ratio						1.14	1.14		0.9085		0.8073				0.7827		0.7887		0.7423		0.7139	0.7887	0.7139	0.15	0.7495	-1.97
Debt/Equity						-1.98	-2.32		-3.43		-4.15				-6.15		-8.35		-29.89		-49.36	-10.76	-70.14	0.65	-33.7000	53.06
Debt/Net Income						51.8	-129.12		18.2		66.99				418.67		17.93		954.71		-30.4	284.76	24.81	6.55	250.36	6.71
PEG																						-275.74	-3.6	-13.71	-139.6700	-88.57
Beta																					3.9	2.76	1.09	0.24	2.58	-34.62
Altman Index																					1.92	0.9325	2.31	-7.38	1.72	6.36

Dividends

IFRS

Reporting Annual

	LTM	Industry average	Average for 5 years	CAGR 5
Dividend	0
Dividend yield, %	0	0.91
Dividends / profit, %	0	24.53

	Industry average	Average for 5 quarters	CAGR 5

	Industry average	Average for 5 quarters	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual Quarterly

	2020	2021	2022	2023	2024	2025	LTM	CAGR 5
CAPEX/Revenue, %	7.14	4.92	2.33	3.47	12.96	0.5205	0.5205	-36.19
Staff, people				469	469			0.00

	2024Q1	2024Q3	2025Q1	CAGR 5
CAPEX/Revenue, %	4.16	0.1728	2.38	-16.98

	CAGR 5