Madras Fertilizers Ltd (MADRASFERT) AI Stock Analysis

• Market Cap: ₹13.14B
• Dividend Yield: N/A
• Average Volume (3M): 10.40K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 1.97
• Revenue Growth: 13.28%
• EPS Growth: -15.68%
• Country: IN
• Employees: 435
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): 2.73
• Shares Outstanding: 161,101,300
• 10 Day Avg. Volume: 5,641
• 30 Day Avg. Volume: 10,399
• PEG Ratio: 0.02
• Price to Book (P/B): -36.57
• Price to Sales (P/S): 0.46
• P/FCF Ratio: 8.96
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: ₹81.00 ▲(3.47% Upside)

Madras Fertilizers Ltd's stock score is primarily impacted by financial instability and bearish technical indicators. While valuation is moderate, the lack of dividend yield and negative equity are significant concerns. Recent revenue growth offers some optimism, but overall risks remain high.

Madras Fertilizers Ltd Business Overview & Revenue Model

Company Description

Madras Fertilizers Limited manufactures and sells fertilizers in India. It operates in two segments, Fertilizers and Other Activities. The company offers ammonia, urea, and complex fertilizers; biofertilizers; organic fertilizers; and agrochemicals under the VIJAY brand. Its chemical fertilizers include VIJAY Urea, a nitrogenous fertilizer for various crops and soil types; VIJAY complexes, which are granulated fertilizers consisting of nitrogen, phosphorous, and potash; and VIJAY 17:17:17 for early growth and vegetative phases of various crops. The company also provides bio-fertilizers, such as Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phospho Bacteria and NP Bio for various crops. In addition, the company markets neem-based pesticides under the VIJAY NEEM brand name. It markets its products through a network of approximately 5785 dealers, co-operative marketing federations, Agro industries corporations, and other institutions. Madras Fertilizers Limited was incorporated in 1966 and is headquartered in Chennai, India.

How the Company Makes Money

Madras Fertilizers Ltd generates revenue through the sale of its fertilizer products, which are essential for enhancing crop yields. The company's primary revenue streams include the sale of urea, DAP, and NPK fertilizers, which are sold to farmers, agricultural cooperatives, and distributors. MADRASFERT benefits from government subsidies and schemes that support fertilizer prices, making its products more accessible to farmers. Additionally, the company may engage in strategic partnerships with agricultural institutions and cooperatives to enhance distribution and market reach. The demand for fertilizers, driven by the need for increased agricultural productivity, further supports its revenue growth.

Madras Fertilizers Ltd Financial Statement Overview

Summary

Madras Fertilizers Ltd faces challenges with profitability and financial stability. Negative equity and high leverage pose significant risks, although recent revenue growth and improvements in cash flows are positive signs.

Income Statement

Madras Fertilizers Ltd exhibits volatile revenue and profitability. The gross profit margin is low due to high costs, and net profit margin has fluctuated significantly over the years. Despite recent revenue growth, previous periods showed substantial revenue declines. EBIT and EBITDA margins indicate operational challenges, although there was some improvement in EBIT margin in the latest year.

Balance Sheet

The company has negative stockholders' equity, indicating financial instability. The debt-to-equity ratio is not calculable due to negative equity, but high total liabilities and debt suggest leverage concerns. ROE cannot be calculated due to negative equity, and the equity ratio is negative, highlighting financial distress.

Cash Flow

Operating cash flow is positive and shows improvement, contributing to a stable free cash flow, which has grown. However, the free cash flow to net income ratio is irregular due to fluctuating net income, with financing activities also impacting cash flows significantly.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	17.60B	25.42B	2.44B	3.06B	3.39B	3.82B
Gross Profit	5.05B	1.51B	-17.49B	-22.78B	-11.60B	-5.64B
EBITDA	405.88M	1.66B	943.70M	3.34B	2.75B	1.33B
Net Income	-68.00M	642.50M	55.60M	1.85B	1.62B	28.70M
Balance Sheet
Total Assets	0.00	22.33B	20.07B	18.57B	19.11B	11.91B
Cash, Cash Equivalents and Short-Term Investments	6.66B	6.66B	5.51B	3.69B	247.80M	500.00M
Total Debt	0.00	15.94B	15.83B	14.94B	17.36B	13.78B
Total Liabilities	323.00M	22.66B	21.97B	21.44B	24.16B	18.86B
Stockholders Equity	-323.00M	-323.00M	-1.90B	-2.87B	-5.05B	-6.95B
Cash Flow
Free Cash Flow	0.00	1.32B	1.33B	6.77B	-3.24B	4.73B
Operating Cash Flow	0.00	1.45B	1.64B	6.87B	-3.16B	4.92B
Investing Cash Flow	0.00	260.20M	-11.00M	18.10M	15.40M	-151.60M
Financing Cash Flow	0.00	-520.70M	189.00M	-3.20B	2.65B	-5.27B

Madras Fertilizers Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 78.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MADRASFERT, the sentiment is Negative. The current price of 78.28 is below the 20-day moving average (MA) of 81.68, below the 50-day MA of 85.97, and below the 200-day MA of 86.44, indicating a bearish trend. The MACD of -1.61 indicates Positive momentum. The RSI at 27.81 is Positive, neither overbought nor oversold. The STOCH value of 22.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MADRASFERT.

Madras Fertilizers Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHREEPUSHK	68 Neutral	₹12.74B	19.07	―	0.51%	16.35%	55.49%
ZUARI	64 Neutral	₹10.07B	4.15	―	―	23.32%	447.31%
SRHHYPOLTD	63 Neutral	₹9.46B	10.37	―	0.56%	-16.07%	24.54%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KHAICHEM	57 Neutral	₹9.98B	15.57	―	―	67.43%	―
MADRASFERT	48 Neutral	₹13.14B	18.78	―	―	13.28%	-15.68%
NAGAFERT	40 Underperform	₹2.96B	-8.56	―	―	-99.98%	-101.75%