The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
National Fertilizers Limited is an India-based company, which is engaged in the production and marketing of neem-coated urea, bio-fertilizers (solid & liquid) and other allied industrial products like ammonia, nitric acid, ammonium nitrate, sodium nitrite and sodium nitrate.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, reasonably priced.
National Fertilizers is scored on the commodity / cyclical framework. It keeps a thin 1.0% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -6.34×) — worth a closer look. Free cash flow is worth about -52.7% of its market value.
Over the last 3 years revenue compounded at -10%/yr and profit at -23%/yr. Book value has grown 4%/yr. Return on equity is a weak 7.4%. In the latest quarter profit fell 25% versus the prior quarter.
At 14× earnings, the stock sits at the 30th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 8.35 | — | — |
| P/B | 1.07 | 3.24 | better |
| EV/EBITDA | 5.99 | 13.83 | better |
| ROE | 7.44 | 11.16 | worse |
| ROCE | 6.53 | 10.26 | worse |
| ROA | 3.11 | 3.4 | worse |
| Quick Ratio | 0.86 | 1.25 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Coromandel Interntl | 30.3 | 4.3 | 15.6% |
| FACT | 1743.1 | 35.3 | 6.6% |
| Chambal Fertilizers | 8.1 | 1.4 | 16.8% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (-10% vs -23%) — costs are rising faster than the top line.
Operating margins have been stable around 1% — no major structural shift.
ROE at 7% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 11pp.
-23% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Wide quarterly swings (37% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 35% below earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 25% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-1% → 3%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.7% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.