Fertilizers & Chemicals Travancore Ltd. (FACT) AI Stock Analysis

• Market Cap: ₹459.78B
• Dividend Yield: 0.04%
• Average Volume (3M): 14.96K
• Price to Earnings (P/E): 1713.1
• Beta (1Y): 1.90
• Revenue Growth: 11.11%
• EPS Growth: N/A
• Country: IN
• Employees: 1,523
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): -1.05
• Shares Outstanding: 647,071,960
• 10 Day Avg. Volume: 10,551
• 30 Day Avg. Volume: 14,957
• PEG Ratio: -14.90
• Price to Book (P/B): 30.32
• Price to Sales (P/S): 10.26
• P/FCF Ratio: 252.28
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹718.00 ▼(-20.90% Downside)
• Action: Reiterated Date: 10/29/25
• Date: Action: Reiterated 10/29/25

The overall stock score is primarily influenced by strong financial performance, despite the reliance on debt and margin fluctuations. Technical analysis indicates a bearish trend, and valuation metrics suggest potential overvaluation. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Diversified revenue streams

Multiple durable revenue streams (fertilizers, industrial chemicals, engineering services) reduce reliance on a single market. Engineering services and partnerships with cooperatives and government bodies support recurring contracts and distribution breadth, smoothing cyclical agricultural demand and aiding long-term stability.

Strong revenue growth

Sustained ~30% revenue growth signals expanding market penetration and product demand rather than a one-off spike. Over a 2-6 month horizon this supports capacity utilization, scale benefits, reinvestment ability and improved bargaining power with suppliers, underpinning durable earnings potential.

Robust free cash flow

Consistent free cash flow and strong operating cash conversion enable self-funded capex, debt servicing, and investment in productivity. This cash generation reduces reliance on external financing, improves financial flexibility, and supports long-term strategic initiatives and resilience to cyclical downturns.

Negative Factors

Elevated leverage

A reliance on debt financing raises refinancing and interest-rate exposure, limiting operational flexibility. Substantial leverage can constrain capex or acquisitions, increase fixed financial costs, and amplify downside in weaker cycles, making sustained investment and margin recovery harder over time.

Margin volatility

Observed swings in EBIT/EBITDA margins indicate variable cost control and sensitivity to input prices. Persistent margin volatility undermines earnings predictability, complicates long-term planning and capital allocation, and raises the risk that shortfalls could erode free cash flow during adverse commodity or cost cycles.

Concentration in fertilizers

Heavy dependence on fertilizer sales exposes revenue to commodity cycles, government policy/subsidy changes, and crop seasonality. This concentration heightens vulnerability to regulatory shifts and price controls, limiting diversification benefits and increasing structural earnings risk over a multi-month horizon.

Fertilizers & Chemicals Travancore Ltd. Business Overview & Revenue Model

Company Description

The Fertilisers And Chemicals Travancore Limited manufactures and markets fertilizers in India. The company operates in Fertiliser and Petrochemical segments. It offers complex fertilizers, including ammonium phosphate and sulphate and zincated factamfos; straight fertilizers, such as ammonium sulphate; organic fertilizers; bio-fertilizers comprising azospirillum, rhizobium, and phosphate solubilizing bacteria; and bagged gypsum. The company also provides caprolactam for use in manufacturing nylon tyre cords, nylon filament yarns, engineering plastics, etc.; and by-products comprising anhydrous ammonia, nitric acid and soda ash, carbon dioxide, gypsum, and sulphuric acid. In addition, it imports fertilizers; and offers various services for farmers. Further, the company engages in the engineering consultancy, design and fabrication, and erection of industrial equipment activities. The Fertilisers And Chemicals Travancore Limited was incorporated in 1943 and is headquartered in Kochi, India.

How the Company Makes Money

FACT generates revenue through multiple streams including the sale of fertilizers, which form the bulk of its income, particularly from urea and ammonium sulphate. The company also earns revenue from the production and sale of various chemicals used in industries such as textiles, plastics, and pharmaceuticals. Additionally, FACT engages in engineering services and consultancy, offering expertise in the design and implementation of chemical and fertilizer plants, which contributes to its earnings. Significant partnerships with agricultural cooperatives, government bodies, and private enterprises enhance its market reach and stability, while the company's strategic positioning in key agricultural regions supports steady demand for its products.

Fertilizers & Chemicals Travancore Ltd. Financial Statement Overview

Summary

The company shows strong revenue growth and improved profitability, supported by effective cash flow management. However, reliance on debt financing and fluctuations in margins suggest areas that require strategic focus to ensure sustainable financial health and stability.

Income Statement

The company's revenue has shown a consistent upward trend, increasing significantly over the years. Gross profit margin has improved from a negative position, and net profit margin is stable, reflecting operational efficiency. However, fluctuations in EBIT and EBITDA margins indicate varying cost controls and potential volatility in profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, indicating reliance on debt financing. A consistent increase in stockholders' equity suggests improved financial health, but there is still substantial leverage that poses a risk. The equity ratio indicates a balanced structure between equity and liabilities, though improvements are needed to enhance financial stability.

Cash Flow

The cash flow statement shows strong free cash flow generation with consistent growth, highlighting efficient capital management. Operating cash flow to net income ratio is healthy, indicating good conversion of profits into cash. However, fluctuations in investing cash flows suggest variability in investment activities, which could impact future cash positions.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	44.94B	40.51B	29.43B	31.56B	27.19B	22.42B
Gross Profit	12.13B	11.77B	-14.00B	-17.42B	15.95B	3.76B
EBITDA	4.09B	3.36B	3.17B	8.90B	6.15B	6.18B
Net Income	941.80M	412.30M	1.46B	6.13B	3.46B	3.50B
Balance Sheet
Total Assets	0.00	59.81B	58.15B	54.34B	47.39B	33.67B
Cash, Cash Equivalents and Short-Term Investments	27.77B	30.30B	25.90B	444.37M	2.57B	18.67B
Total Debt	0.00	18.05B	18.10B	18.42B	18.38B	18.22B
Total Liabilities	-13.71B	46.11B	44.39B	41.60B	40.77B	35.44B
Stockholders Equity	13.71B	13.71B	13.76B	12.74B	6.62B	-1.75B
Cash Flow
Free Cash Flow	0.00	1.65B	1.24B	5.45B	879.63M	9.88B
Operating Cash Flow	0.00	1.40B	2.78B	6.38B	1.52B	10.21B
Investing Cash Flow	0.00	-2.82B	2.14B	-7.65B	-1.57B	-8.54B
Financing Cash Flow	0.00	-750.51M	-1.06B	-44.85M	84.89M	-361.25M

Fertilizers & Chemicals Travancore Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 907.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FACT, the sentiment is Negative. The current price of 907.75 is above the 20-day moving average (MA) of 781.70, above the 50-day MA of 824.73, and above the 200-day MA of 906.98, indicating a bearish trend. The MACD of -23.59 indicates Positive momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of 8.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FACT.

Fertilizers & Chemicals Travancore Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COROMANDEL	74 Outperform	₹643.61B	27.31	―	0.50%	32.88%	75.74%
GNFC	70 Outperform	₹64.82B	10.73	―	3.68%	-7.53%	42.74%
GSFC	68 Neutral	₹65.69B	9.72	―	2.80%	15.25%	26.49%
CHAMBLFERT	62 Neutral	₹179.46B	9.64	―	2.13%	19.70%	22.23%
RCF	62 Neutral	₹66.95B	22.33	―	0.93%	-3.19%	59.25%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FACT	52 Neutral	₹459.78B	1,713.15	―	0.04%	11.11%	―

Fertilizers & Chemicals Travancore Ltd. Corporate Events

FACT Extends Tenure of Director (Marketing) for Six Months to Maintain Continuity

Fertilisers and Chemicals Travancore Limited has announced that its Board has approved the continuation of Shri Anupam Misra as Director (Marketing) for an additional six months from 15 January 2026, maintaining status quo in the marketing leadership until an alternative arrangement is made or a fresh order is issued by the Government of India. The decision, based on communication from the Department of Fertilizers, ensures continuity in the company’s marketing operations and strategic direction during the interim period, avoiding disruption in a key functional role while the government finalizes its long-term appointment plans.