Madras Fertilizers share price, P/E, ROE & financials

As of 6 Nov 2026, Madras Fertilizers trades at 12.6× trailing earnings, below the industry P/E of 14.4×, and the shares are 35% below their 52-week high. Sales grew 8.2% a year over 3 years while net profit fell 24%; its ROCE of 68% is the highest among the 7 largest Agricultural Inputs peers. Debt is 6.90× equity. It is a small-cap company with a market cap of ₹893 Cr, ranked 30th of 72 Agricultural Inputs companies by market cap; the shares fell 32% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹55.00
Day high: ₹56.00
Day low: ₹54.17
Prev. close: ₹55.23
Volume: 19.5K

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−32.3% over a year, better than 2 of 7 peers.
Price tagIn line
P/E 12.6 vs industry 14.4.
GrowthSteady
Sales +8.2%, profit −24.3% a year over 3 years.
ProfitabilityStrong
ROCE 67.8% vs peer median 20.9%.
Balance sheetStretched
Debt 6.90× equity, interest covered 2.7×, Piotroski 7 of 9.
Red flags4 to check
Debt is 6.90× equity.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Agricultural Inputs

71 listed peers. Screen the industry

Small cap

₹893 Cr, #30 of 72 in its industry by size.

Defensive

Beta 0.32 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹2,442 Cr · profit ₹71 Cr

Market cap: ₹893 Cr; Small cap
P/E: 12.6; Industry 14.4
Price to book: 9.69; Peers 4.28
Dividend yield: 0.00%
ROE: 269.5%; Peers 16.2%
ROCE: 67.8%; Peers 20.9%
Debt to equity: 6.90; Debt ₹634 Cr
EPS (TTM): ₹4.41; Face value ₹10
OPM (TTM): 4.0%; Net margin 2.9%
Sales growth: +21.1%; Latest quarter vs a year ago
Profit growth: −21.5%; Latest quarter vs a year ago
Price to sales: 0.37; EV/EBITDA 8.9

Strengths

Return on equity of 269.5%.
Return on capital employed of 67.8%.
Quarterly sales up 21.1% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Debt is 6.90× equity.
Quarterly profit down 21.5% on a year ago.
35% below its 52-week high.
Interest coverage of only 2.1×.

Derived automatically from reported figures. Not a recommendation.

About Madras Fertilizers

Madras Fertilizers Limited manufactures and trades fertilizers in India. The company offers ammonia, urea, and complex fertilizers; bio-fertilizers; and organic fertilizers under the brand name VIJAY. It also engages in the trading of agro chemicals, organic manure, and city compost. The company markets its products through dealers. Madras Fertilizers Limited was incorporated in 1966 and is headquartered in Chennai, India.

Headquarters: Chennai
Employees: 350
Sector: Basic Materials
ISIN: INE414A01015
Website: madrasfert.co.in

Price range

52 weeks

₹49.15₹85.48

Today

₹54.17₹56.00

Avg volume (3M): 63.2K
1-year return: minus 32.3%
From 52-week high: minus 35.1%

Peers · Agricultural Inputs

Capital-heavy industry columns

Compare with peers Screen the whole industry

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%
MADRASFERTMadras Fertilizers	55.46	plus 0.42%	893	12.6	7.1	67.8%	4.0%	6.90	8.2%	minus 32.3%
Median of 7 peers	–	−0.91%	26,321	26.6	15.4	20.9%	16.0%	0.11	0.0%	−28.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
672	510	419	699	814
607	498	422	663	761
64.7	12.3	−2.9	35.8	52.6
9.6%	2.4%	−0.7%	5.1%	6.5%
12.7	22.6	24.5	13.4	12.5
15.4	14.4	14.3	14.8	15.4
3.1	3.1	3.7	3.6	3.6
–	–	–	−8.4	–
58.9	17.4	3.5	22.5	46.1
25.2%	25.4%	28.8%	7.2%	24.9%
44.1	13	2.5	20.9	34.6
2.74	0.80	0.16	1.30	2.15

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +8.2%
Profit CAGR 3Y: −24.3%
EPS CAGR 3Y: −24.3%
ROE: 269.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
308	244	383	390
–	minus 20.8%	+57.1%	+1.9%
−26.7	157	240	265
334	86.8	143	125
108.7%	35.6%	37.3%	32.0%
1	57.1	35.9	58.3
75.6	64.6	61.6	58.6
9.6	10.3	11.6	13.5
−1.6	−57.1	−14.1	−8.7
249	11.9	91.6	102
25.5%	53.2%	29.9%	21.4%
185	5.6	64.3	80.4
–	minus 97.0%	+1055.6%	+25.2%
11.50	0.35	3.99	4.99

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
162	162	162	162
−449	−352	−194	−70.2
1,494	1,583	664	634
650	614	1,601	1,606
1,857	2,007	2,233	2,333
202	219	218	236
11.7	21	19.8	26.8
337	455	525	575
369	562	640	642
937	750	831	853
1,857	2,007	2,233	2,333

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
687	175	114	5.3
1.8	−1.1	−174	30.9
−320	18.9	−51.3	−34.2
369	193	−111	2
−10.7	−31.6	−13.2	−30.8
677	143	101	−25.5

Shareholding pattern

Source: NSE filings

85.3%

promoters

Promoters85.27%
Public14.73%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	85.27%	14.73%	0.00
30 Jun 2026	85.27%	14.73%	0.00
31 Mar 2026	85.27%	14.73%	0.00
31 Dec 2025	85.27%	14.73%	0.00
30 Sep 2025	85.27%	14.73%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you