National Fertilizers Ltd. (IN:NFL)
:NFL
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National Fertilizers Ltd.
(NFL)
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Rating:45Neutral
Price Target:
₹74.00
▼(-19.33% Downside)
Action:ReiteratedDate:11/26/25
National Fertilizers Ltd. faces significant challenges, with financial volatility and bearish technical indicators being the most impactful factors. The high P/E ratio suggests overvaluation, and while there are signs of financial recovery, the overall outlook remains cautious.
Positive Factors
Stable stockholders' equity
A consistent stockholders' equity base provides a durable capital buffer that supports operating continuity and investment. Over 2–6 months this stability improves resilience to cyclical fertilizer demand shocks and aids access to credit for working capital and maintenance capex.
Negative Factors
Relatively high leverage
Elevated debt levels raise refinancing and interest burden risks, limiting financial flexibility. With cyclical fertilizer margins, high leverage can force tradeoffs between debt service, maintenance capex and working capital, weakening resilience across a 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable stockholders' equity
A consistent stockholders' equity base provides a durable capital buffer that supports operating continuity and investment. Over 2–6 months this stability improves resilience to cyclical fertilizer demand shocks and aids access to credit for working capital and maintenance capex.
Read all positive factors
National Fertilizers Ltd. (NFL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹37.05B
Dividend Yield1.77%
Average Volume (3M)41.73K
Price to Earnings (P/E)8.3
Beta (1Y)1.67
Revenue Growth-7.78%
EPS Growth-70.89%
CountryIN
Employees2,739
SectorBasic Materials
Sector Strength58
IndustryAgricultural Inputs
Share Statistics
EPS (TTM)2.76
Shares Outstanding490,578,400
10 Day Avg. Volume43,953
30 Day Avg. Volume41,728
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)1.50
Price to Sales (P/S)0.21
P/FCF Ratio1.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
National Fertilizers Ltd. Business Overview & Revenue Model
Company Description
National Fertilizers Limited engages in the production and marketing of urea products, industrial products, and bio-fertilizers in India. It operates through Own Fertilizers, Fertilizers Trading, and Other Products & Services segments. The company...
How the Company Makes Money
NFL primarily makes money by manufacturing and selling fertilizers, with urea as its main product line. Revenue is generated through bulk sales into the domestic agriculture market via institutional buyers and dealer/retailer channels, supported b...
National Fertilizers Ltd. Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 206.10B | 197.94B | 235.60B | 71.17B | 49.08B | 46.75B |
| Gross Profit | 36.72B | 25.63B | -142.92B | -202.85B | -85.58B | -44.52B |
| EBITDA | 6.97B | 8.10B | 8.02B | 12.70B | 6.16B | 9.31B |
| Net Income | 1.05B | 1.84B | 1.50B | 4.58B | -951.20M | 2.37B |
Balance Sheet | ||||||
| Total Assets | 132.84B | 93.11B | 112.06B | 125.34B | 104.94B | 84.12B |
| Cash, Cash Equivalents and Short-Term Investments | 1.21B | 1.42B | 299.30M | 132.10M | 258.20M | 393.30M |
| Total Debt | 45.37B | 20.01B | 40.91B | 39.93B | 31.72B | 18.92B |
| Total Liabilities | 107.20B | 65.95B | 86.51B | 99.92B | 84.47B | 62.72B |
| Stockholders Equity | 25.64B | 27.16B | 25.54B | 25.42B | 20.47B | 21.40B |
Cash Flow | ||||||
| Free Cash Flow | -24.53B | 23.86B | 3.76B | -5.41B | -13.26B | 66.03B |
| Operating Cash Flow | -23.15B | 25.90B | 6.68B | -3.33B | -10.29B | 70.21B |
| Investing Cash Flow | -889.40M | -2.68B | -3.34B | -2.06B | -1.29B | -4.97B |
| Financing Cash Flow | 24.41B | -23.34B | -3.18B | 5.26B | 11.45B | -65.05B |
National Fertilizers Ltd. Technical Analysis
Neutral
91.73
Price Trends
75.22
Positive
80.78
Negative
88.07
Negative
Market Momentum
-0.56
Negative
57.17
Neutral
83.40
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NFL, the sentiment is Neutral. The current price of 91.73 is above the 20-day moving average (MA) of 70.35, above the 50-day MA of 75.22, and above the 200-day MA of 88.07, indicating a neutral trend. The MACD of -0.56 indicates Negative momentum. The RSI at 57.17 is Neutral, neither overbought nor oversold. The STOCH value of 83.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:NFL.
National Fertilizers Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹63.57B | 12.10 | ― | 3.68% | -7.53% | 42.74% | |
62 Neutral | ₹65.23B | 11.49 | ― | 2.80% | 15.25% | 26.49% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ₹70.73B | 24.87 | ― | 0.93% | -3.19% | 59.25% | |
45 Neutral | ₹37.05B | 8.30 | ― | 1.77% | -7.78% | -70.89% | |
40 Underperform | ₹10.75B | 127.23 | ― | ― | 3.38% | 0.68% |
* Basic Materials Sector Average
IN:NFL
National Fertilizers Ltd.
75.53
-1.55
-2.01%
IN:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
432.65
-31.76
-6.84%
IN:GSFC
Gujarat State Fertilizers & Chemicals Limited
163.70
-12.05
-6.86%
IN:MADRASFERT
Madras Fertilizers Ltd
66.72
-7.17
-9.70%
IN:RCF
Rashtriya Chemicals & Fertilizers Ltd.
128.20
5.27
4.28%
National Fertilizers Ltd. Corporate Events
National Fertilizers gives finance portfolio additional charge to marketing chief Gupta
Mar 3, 2026
National Fertilizers Limited has announced a management change with Director (Marketing) Mahesh Chander Gupta receiving additional charge of the Director (Finance) role for three months or until a regular appointee joins, subject to government app...
National Fertilizers Sets Board Meet for Q3 FY26 Results, Extends Trading Window Closure
Feb 3, 2026
National Fertilizers Limited has scheduled a meeting of its Board of Directors in Noida on 13 February 2026 to consider, approve and record the standalone and consolidated unaudited financial results for the quarter ended 31 December 2025, followi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.