Mangalore Chemicals & Fertilizers Ltd. (MANGCHEFER) AI Stock Analysis

• Market Cap: ₹36.55B
• Dividend Yield: 0.49%
• Average Volume (3M): 8.20K
• Price to Earnings (P/E): 22.6
• Beta (1Y): 0.43
• Revenue Growth: -7.43%
• EPS Growth: 8.03%
• Country: IN
• Employees: 601
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): N/A
• Shares Outstanding: 118,515,150
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 8,201
• PEG Ratio: -1.87
• Price to Book (P/B): 1.79
• Price to Sales (P/S): 0.57
• P/FCF Ratio: 10.47
• 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: 61 Neutral
• Price Target: ₹374.00 ▲(21.27% Upside)

Mangalore Chemicals & Fertilizers Ltd. has a stable financial performance with operational efficiency but faces challenges in revenue growth and cash flow management. The technical analysis indicates a neutral to bearish outlook, while the valuation suggests moderate pricing with limited dividend yield. These factors collectively result in a cautious overall stock score.

Positive Factors

Operational Efficiency

The company's ability to maintain stable net profit margins and improve gross profit margins indicates strong cost management and operational efficiency, which can support long-term profitability.

Market Reach

Partnerships with cooperatives and distributors expand the company's market reach, potentially increasing sales volume and market share over time.

Government Subsidies

Government subsidies help maintain competitive pricing, supporting farmer purchasing power and stabilizing revenue streams, which is crucial for long-term market positioning.

Negative Factors

Revenue Decline

A decline in revenue indicates potential challenges in market demand or competitive pressures, which could hinder growth prospects if not addressed.

Cash Flow Challenges

Inconsistent cash flow generation can limit the company's ability to invest in growth opportunities or manage debt, impacting long-term financial health.

Leverage Concerns

A fluctuating debt-to-equity ratio suggests potential financial risk, as reliance on debt can affect the company's flexibility and stability in adverse conditions.

Mangalore Chemicals & Fertilizers Ltd. Business Overview & Revenue Model

Company Description

Mangalore Chemicals & Fertilizers Limited manufactures, purchases, trades in, and sells nitrogenous and phosphatic fertilizers in India. The company offers urea, di-ammonium phosphate, single superphosphate, and muriate of potash; and plant nutrition products, such as soil conditioners, organic products, micronutrients, specialty agri products, water soluble fertilizers, crop specific soil products, and wetting and spreading agents. It also provides other products, including ammonium bi carbonate, sulphonated naphthalene formaldehyde, and sulphuric acid products. The company was incorporated in 1966 and is based in Bengaluru, India. Mangalore Chemicals & Fertilizers Limited is a subsidiary of Zuari Agro Chemicals Limited.

How the Company Makes Money

Mangalore Chemicals & Fertilizers Ltd. generates revenue primarily through the sale of its fertilizers, which include urea and various complex fertilizers. The company benefits from government subsidies for urea, which helps keep prices competitive and supports farmer purchasing power. Additionally, MANGCHEFER has established partnerships with agricultural cooperatives and distributors, enhancing its market reach and sales volume. The company also engages in the export of fertilizers, capitalizing on international demand. Seasonal demand for fertilizers, driven by the agricultural cycle, significantly impacts its revenue, with peak sales occurring during planting seasons. Furthermore, the company may explore opportunities in value-added products and services that support sustainable agricultural practices, contributing to its overall income stream.

Mangalore Chemicals & Fertilizers Ltd. Financial Statement Overview

Summary

Mangalore Chemicals & Fertilizers Ltd. shows stable operational efficiency with consistent net profit margins and improved gross profit margins. However, revenue decline and cash flow challenges, particularly in free cash flow, pose risks to growth and liquidity.

Income Statement

Mangalore Chemicals & Fertilizers Ltd. has shown a mixed performance in recent years. The company experienced a decrease in total revenue from 2024 to 2025, indicating a negative growth trend. However, the gross profit margin improved slightly, suggesting better cost management. The net profit margin has shown consistency, which is a positive sign for profitability. Additionally, the EBIT and EBITDA margins were stable over the years, reflecting operational efficiency.

Balance Sheet

The balance sheet reflects a moderately leveraged position with a fluctuating debt-to-equity ratio, indicating potential risk. Despite this, the return on equity has been reasonable, showcasing the company's ability to generate profits from shareholders' equity. The equity ratio has improved over the years, suggesting a strengthened financial position and reduced reliance on external financing.

Cash Flow

The cash flow statement presents challenges, particularly with declining operating cash flow and volatile free cash flow. The company faced a significant reduction in free cash flow in recent years, which could impact its ability to invest in growth or repay debt. The operating cash flow to net income ratio indicates that cash generation from operations is not consistently covering net income, highlighting a need for improved cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	33.80B	33.32B	37.92B	36.42B	28.94B	21.43B
Gross Profit	13.75B	14.37B	14.21B	12.34B	10.83B	7.62B
EBITDA	3.47B	3.22B	4.15B	3.26B	2.26B	2.21B
Net Income	1.61B	1.44B	1.55B	1.35B	878.61M	670.99M
Balance Sheet
Total Assets	0.00	23.33B	24.30B	26.59B	27.19B	19.97B
Cash, Cash Equivalents and Short-Term Investments	1.32B	1.32B	2.90B	3.30B	5.02B	3.86B
Total Debt	0.00	7.41B	10.39B	13.77B	13.63B	8.84B
Total Liabilities	-10.65B	12.68B	14.91B	18.56B	20.36B	13.90B
Stockholders Equity	10.65B	10.65B	9.40B	8.03B	6.83B	6.07B
Cash Flow
Free Cash Flow	0.00	1.82B	3.98B	-1.13B	-2.57B	8.63B
Operating Cash Flow	0.00	2.71B	4.96B	1.92B	-872.14M	9.62B
Investing Cash Flow	0.00	-979.38M	-824.37M	-2.43B	-1.87B	-1.21B
Financing Cash Flow	0.00	-3.92B	-4.64B	-1.01B	4.04B	-7.02B

Mangalore Chemicals & Fertilizers Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 308.40
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANGCHEFER, the sentiment is Negative. The current price of 308.4 is above the 20-day moving average (MA) of 308.40, above the 50-day MA of 308.40, and above the 200-day MA of 287.77, indicating a bullish trend. The MACD of -0.22 indicates Negative momentum. The RSI at 40.69 is Neutral, neither overbought nor oversold. The STOCH value of 81.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANGCHEFER.

Mangalore Chemicals & Fertilizers Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZUARI	74 Outperform	₹12.76B	1.30	―	―	23.32%	447.31%
SHREEPUSHK	68 Neutral	₹10.92B	15.25	―	0.52%	28.67%	50.12%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MANGCHEFER	61 Neutral	₹36.55B	22.64	―	0.49%	-7.43%	8.03%
SPIC	61 Neutral	₹15.91B	8.56	―	2.46%	47.79%	74.12%
KHAICHEM	58 Neutral	₹6.82B	10.64	―	―	67.43%	―
MADRASFERT	48 Neutral	₹13.21B	16.68	―	―	3.38%	0.68%