On 6 Nov 2026, Khaitan Chemicals & Fertilizers was priced at ₹46.67, or 7.8× trailing earnings, against an industry P/E of 14.4×, and the shares are 55% below their 52-week high. Its ROCE of 31% is the highest among the 7 largest Agricultural Inputs peers, and sales and net profit grew 4.1% and 15% a year over 3 years. Its dividend yield is 0.1%, and debt is 1.05× equity. It is a small-cap company with a market cap of ₹453 Cr, ranked 40th of 72 Agricultural Inputs companies by market cap; the shares fell 54% over the past year.
- ₹47.00
- ₹47.02
- ₹45.32
- ₹46.96
- 32.3K
Health check
- ReturnsBehind
−54.3% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 7.8 vs industry 14.4.
- GrowthStrong
Sales +4.1%, profit +15.3% a year over 3 years.
- ProfitabilityStrong
ROCE 31.0% vs peer median 20.9%.
- Balance sheetFair
Debt 1.05× equity, interest covered 3.6×, Piotroski 8 of 9.
- Red flags3 to check
Quarterly profit down 49.0% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹453 Cr
- Small cap
- P/E
- 7.8
- Industry 14.4
- Price to book
- 1.56
- Peers 4.28
- Dividend yield
- 0.11%
- ROE
- 25.2%
- Peers 16.2%
- ROCE
- 31.0%
- Peers 20.9%
- Debt to equity
- 1.05
- Debt ₹306 Cr
- EPS (TTM)
- ₹6.01
- Face value ₹1
- OPM (TTM)
- 11.5%
- Net margin 5.5%
- Sales growth
- −5.7%
- Latest quarter vs a year ago
- Profit growth
- −49.0%
- Latest quarter vs a year ago
- Price to sales
- 0.46
- EV/EBITDA 7.1
Strengths and risks
Strengths
- Return on equity of 25.2%.
- Return on capital employed of 31.0%.
- P/E of 7.8 against an industry P/E of 14.4.
Risks to check
- Quarterly profit down 49.0% on a year ago.
- Quarterly sales down 5.7% on a year ago.
- 55% below its 52-week high.
About Khaitan Chemicals & Fertilizers
Khaitan Chemicals and Fertilizers Limited manufactures and sells single super phosphate (SSP), sulphuric acid, and other chemicals in India. The company operates through Fertilizer, and Chemicals & Specialty Chemicals segments. It also provides plain, zincated, and boronated SSP fertilizers in powder and granulated forms under the Khaitan Single super Phosphate and Utsav Single super Phosphate brands for use in crops. In addition, the company produces…
- Headquarters
- Indore
- Employees
- 644
- Sector
- Basic Materials
- ISIN
- INE745B01028
- Website
- kcfl.co.in
Price range
- Avg volume (3M)
- 1.8 L
- 1-year return
- minus 54.3%
- From 52-week high
- minus 54.8%
Peers · Agricultural Inputs
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| COROMANDELCoromandel International | 1,824.00 | minus 4.00% | 53,724 | 34.5 | 17.0 | 20.9% | 9.4% | 0.11 | 10.2% | minus 12.4% |
| FACTFertilisers and Chemicals Travancore | 750.25 | minus 1.24% | 48,547 | – | 703.5 | 14.2% | 0.0% | 2.95 | 0.0% | minus 15.3% |
| UPLUPL | 534.90 | plus 1.60% | 45,214 | 23.9 | 6.0 | 9.9% | 20.0% | 0.83 | −1.2% | minus 28.0% |
| PIINDPI Industries | 1,735.00 | minus 1.98% | 26,321 | 30.0 | 13.1 | 14.7% | 24.2% | 0.03 | 1.1% | minus 51.9% |
| SUMICHEMSumitomo Chemical India | 328.95 | plus 0.34% | 16,419 | 29.4 | 21.0 | 21.0% | 20.3% | 0.02 | −2.6% | minus 34.4% |
| CHAMBLFERTChambal Fertilizers & Chemicals | 384.70 | minus 0.91% | 15,413 | 8.1 | 5.7 | 21.8% | 13.7% | 0.16 | −9.2% | minus 19.4% |
| BAYERCROPBayer Cropscience | 3,316.30 | plus 0.48% | 14,904 | 20.0 | 15.4 | 27.9% | 16.0% | 0.03 | 3.6% | minus 31.7% |
| KHAICHEMKhaitan Chemicals & Fertilizers | 46.67 | minus 0.62% | 453 | 7.8 | 6.5 | 31.0% | 11.5% | 1.05 | 4.1% | minus 54.3% |
| Median of 7 peers | – | −0.91% | 26,321 | 26.6 | 15.4 | 20.9% | 16.0% | 0.11 | 0.0% | −28.0% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 161 | 234 | 266 | 193 | 221 | |
| – | – | – | +20.1% | minus 5.7% | |
| 150 | 203 | 233 | 175 | 197 | |
| 10.6 | 31.7 | 32.5 | 17.6 | 23.6 | |
| 6.6% | 13.5% | 12.2% | 9.1% | 10.7% | |
| 0.3 | 0.2 | 0.4 | 0.6 | 0.7 | |
| 7.4 | 8.2 | 9.2 | 7.5 | 8.2 | |
| 2.4 | 2.4 | 3.2 | 2.4 | 2.9 | |
| 1 | 21.3 | 20.6 | 8.3 | 13.2 | |
| −732.9% | −0.5% | 0.7% | 34.7% | 17.3% | |
| 8.6 | 21.4 | 20.4 | 1.3 | 10.9 | |
| – | – | – | minus 85.4% | minus 49.0% | |
| 0.39 | 2.21 | 2.11 | 0.13 | 1.13 |
Profit & loss
- Sales CAGR 3Y
- +4.1%
- Profit CAGR 3Y
- +15.3%
- EPS CAGR 3Y
- +15.3%
- ROE
- 25.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 886 | 535 | 719 | 1,001 | |
| – | minus 39.7% | +34.5% | +39.1% | |
| 805 | 563 | 695 | 885 | |
| 81.6 | −28.5 | 24 | 116 | |
| 9.2% | −5.3% | 3.3% | 11.6% | |
| −4.5 | −3.4 | −1.9 | −6.9 | |
| 16.6 | 28.4 | 28 | 27.1 | |
| 9.1 | 11.5 | 10.6 | 9.9 | |
| −0.4 | 0 | – | −0.6 | |
| 51 | −71.9 | −16.5 | 71.7 | |
| 26.8% | 1.9% | 108.5% | 4.1% | |
| 42.1 | −73.5 | 1.4 | 64.6 | |
| – | minus 274.4% | – | +4517.1% | |
| 4.34 | -7.27 | 0.14 | 6.66 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.7 | 9.7 | 9.7 | 9.7 | |
| 284 | 211 | 213 | 281 | |
| 229 | 316 | 318 | 306 | |
| 185 | 86.9 | 78.9 | 85.1 | |
| 707 | 623 | 620 | 682 | |
| 133 | 134 | 128 | 121 | |
| 3.5 | 1.8 | 0.9 | 2.9 | |
| 3.5 | 3.7 | 4.6 | 7 | |
| 0.2 | 0.1 | 0.1 | 0.1 | |
| 567 | 483 | 486 | 550 | |
| 707 | 623 | 620 | 682 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −88.2 | −55.4 | 44.1 | 44.3 | |
| −22.2 | 1.8 | −16.6 | −4.2 | |
| 63.3 | 53.5 | −27.5 | −40.1 | |
| −47 | −0.1 | 0 | −0 | |
| −32.7 | −11.9 | −4.8 | −9 | |
| −121 | −67.3 | 39.3 | 35.3 | |
| −1.5 | −2.9 | – | – |
Shareholding pattern
- Promoters72.65%
- Public27.35%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 72.65% | 27.35% | 0.00 | |
| 30 Jun 2026 | 72.65% | 27.35% | 0.00 | |
| 31 Mar 2026 | 72.65% | 27.35% | 0.00 | |
| 31 Dec 2025 | 72.65% | 27.35% | plus 0.07 | |
| 30 Sep 2025 | 72.58% | 27.42% | – |
Major shareholders
Filings & events
News
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