National Fertilizers results

NSE: NFLBSE: 523630Fertilizers & AgrochemicalsSmall Cap

₹57.12₹1.73 (2.94%)BSE ₹57.12

Share price at the NSE close on 23 Oct 2026. Previous close ₹58.85.

52-week range of traded prices to 23 Oct 2026

₹56.05Low, 23 Oct 2026₹96.40High, 28 Oct 2025

Market cap: ₹2,802 Cr878th largest listed
P/E: 7.7
P/B: 1.0
Dividend yield: 1.82%
ROE: 13.1%
ROCE: 8.8%
Debt to equity: 1.39
Volume, NSE: 10,27,76439.0% delivered

Q1 results, quarter to Jun 2026

Consolidated: the company and its subsidiaries together. ₹ crore.National Fertilizers annual results and balance sheet

Revenue: ₹4,500 Cr+27.3% on a year ago · +3.5% on the quarter before
Operating profit: ₹267 Cr+201.1% on a year ago · −16.9% on the quarter before
Net profit: ₹113 Cr−25.2% on the quarter before
Earnings per share: ₹2.31−25.2% on the quarter before
Operating margin: 5.9%
Net margin: 2.5%

From revenue to net profit, ₹ crore

Revenue4,500
Materials and goods−2,274
Employee costs−166
Other expenses−1,793
Operating profit267
Depreciation−104
Other income+11
Finance costs−79
Profit before tax95
Tax−24
Joint ventures+42
Net profit113

National Fertilizers results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021Q2Filed 12 Nov	Dec 2021Q3Filed 15 Feb	Mar 2022Q4Filed 25 May	Jun 2022Q1Filed 10 Aug	Sep 2022Q2Filed 16 Nov	Dec 2022Q3Filed 14 Feb	Mar 2023Q4Filed 30 May	Jun 2023Q1Filed 8 Aug	Sep 2023Q2Filed 15 Nov	Dec 2023Q3Filed 15 Feb	Mar 2024Q4Filed 1 Jun	Jun 2024Q1Filed 16 Aug	Sep 2024Q2Filed 11 Nov	Dec 2024Q3Filed 10 Feb	Mar 2025Q4Filed 13 Jun	Jun 2025Q1Filed 14 Aug	Sep 2025Q2Filed 11 Nov	Dec 2025Q3Filed 13 Feb	Mar 2026Q4Filed 27 May	Jun 2026Q1Filed 12 Aug
Revenue from operations	3,691	5,092	4,442	6,455	6,757	10,137	6,268	5,051	5,660	7,581	5,284	5,092	4,390	5,856	4,457	3,534	6,763	6,870	4,347	4,500
	3,511	4,970	4,263	6,174	6,572	9,200	6,599	5,060	5,714	7,266	4,902	4,983	4,265	5,707	4,222	3,446	6,635	6,574	4,026	4,234
Materials and goods bought	2,220	3,452	2,382	4,200	4,194	6,925	4,541	3,454	4,024	5,281	3,218	3,260	2,590	4,051	2,431	1,941	4,849	4,678	2,336	2,274
Employee costs	147	152	182	166	157	213	123	158	160	154	162	164	152	149	144	168	141	181	134	166
Other expenses	1,144	1,365	1,699	1,809	2,220	2,062	1,935	1,447	1,530	1,831	1,522	1,558	1,524	1,506	1,647	1,337	1,644	1,715	1,557	1,793
Operating profit before depreciation	180	122	179	281	185	937	−331	−9	−55	315	382	109	125	149	234	89	128	296	321	267
Operating margin	4.9%	2.4%	4.0%	4.3%	2.7%	9.2%	−5.3%	−0.2%	−1.0%	4.2%	7.2%	2.1%	2.8%	2.5%	5.3%	2.5%	1.9%	4.3%	7.4%	5.9%
Depreciation and amortisation	82	85	85	87	87	90	89	87	90	92	92	91	93	94	95	96	99	110	100	104
Other income	10	8	8	8	8	33	144	9	32	17	26	18	14	28	25	9	15	17	12	11
Finance costs	34	34	38	51	73	94	84	104	39	50	74	90	60	41	35	46	55	72	77	79
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	75	12	64	150	33	786	−359	−191	−153	190	242	−54	−14	42	130	−45	−10	131	157	95
	19	3	15	39	8	198	−91	−47	−40	50	61	−13	−3	11	33	−13	0	37	38	24
Current tax	15	−14	13	38	6	193	−146	0	0	1	16	0	0	−1	20	0	0	26	32	25
Deferred tax	4	17	2	1	2	5	56	−47	−40	50	44	−12	−3	12	12	−13	0	11	7	0
Tax rate	25.3%	25.2%	24.3%	25.6%	24.3%	25.1%	–	–	–	26.4%	25.0%	–	–	26.3%	25.1%	–	–	28.5%	24.6%	25.6%
Share of profit of joint ventures and associates	−39	−32	−42	14	−10	−35	33	23	26	11	26	33	23	15	37	−7	−26	41	33	42
Net profit	16	−23	6	125	15	554	−236	−121	−87	151	208	−9	12	46	135	−39	−36	135	152	113
Other comprehensive income	0	0	2	1	1	1	0	1	1	1	−3	1	1	1	−3	0	0	0	−11	1
Total comprehensive income	16	−23	8	127	16	555	−236	−121	−86	152	205	−8	13	47	132	−39	−36	135	141	114
Net margin	0.4%	−0.5%	0.1%	1.9%	0.2%	5.5%	−3.8%	−2.4%	−1.5%	2.0%	3.9%	−0.2%	0.3%	0.8%	3.0%	−1.1%	−0.5%	2.0%	3.5%	2.5%
Net margin without joint ventures and associates	1.5%	0.2%	1.1%	1.7%	0.4%	5.8%	−4.3%	−2.8%	−2.0%	1.8%	3.4%	−0.8%	−0.2%	0.5%	2.2%	−0.9%	−0.2%	1.4%	2.7%	1.6%
Earnings per share	₹0.33	−₹0.47	₹0.12	₹2.56	–	₹11.29	−₹4.81	−₹2.48	−₹1.78	₹3.08	₹4.23	−₹0.18	₹0.25	₹0.93	₹2.75	−₹0.80	−₹0.73	₹2.76	₹3.09	₹2.31

Earnings per share in rupees, restated for later splits and bonuses.

Filed results, as an XML file each

Results for the quarter to Jun 2026 (opens in a new tab)Filed 12 Aug 2026, unaudited
Results for the quarter to Mar 2026 (opens in a new tab)Filed 27 May 2026, audited
Results for the quarter to Dec 2025 (opens in a new tab)Filed 13 Feb 2026, unaudited
Results for the quarter to Sep 2025 (opens in a new tab)Filed 11 Nov 2025, unaudited

16 earlier filings

Results for the quarter to Jun 2025 (opens in a new tab)Filed 14 Aug 2025, unaudited
Results for the quarter to Mar 2025 (opens in a new tab)Filed 13 Jun 2025, audited
Results for the quarter to Dec 2024 (opens in a new tab)Filed 10 Feb 2025
Results for the quarter to Sep 2024 (opens in a new tab)Filed 11 Nov 2024
Results for the quarter to Jun 2024 (opens in a new tab)Filed 16 Aug 2024
Results for the quarter to Mar 2024 (opens in a new tab)Filed 1 Jun 2024
Results for the quarter to Dec 2023 (opens in a new tab)Filed 15 Feb 2024
Results for the quarter to Sep 2023 (opens in a new tab)Filed 15 Nov 2023
Results for the quarter to Jun 2023 (opens in a new tab)Filed 8 Aug 2023
Results for the quarter to Mar 2023 (opens in a new tab)Filed 30 May 2023
Results for the quarter to Dec 2022 (opens in a new tab)Filed 14 Feb 2023
Results for the quarter to Sep 2022 (opens in a new tab)Filed 16 Nov 2022
Results for the quarter to Jun 2022 (opens in a new tab)Filed 10 Aug 2022
Results for the quarter to Mar 2022 (opens in a new tab)Filed 25 May 2022
Results for the quarter to Dec 2021 (opens in a new tab)Filed 15 Feb 2022
Results for the quarter to Sep 2021 (opens in a new tab)Filed 12 Nov 2021

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.National Fertilizers segment results by year

Manufactured Fertilizers
Revenue, ₹ crore
3,356
3,481
3,552
3,199
3,201
2,885
3,279
3,334
3,461
3,884
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
6
−38
11
35
86
−37
−13
41
101
102
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Traded Imported Fertilizers (Under NBS)
Revenue, ₹ crore
1,471
1,202
444
2,119
765
321
3,047
2,739
307
233
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
197
27
0
0
15
−13
23
141
38
48
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
OthersDomesticTradedProductAgroInputsSaleServices
Revenue, ₹ crore
300
307
411
378
242
370
697
499
313
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
23
25
28
51
33
42
25
74
30
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Manufactured Chemicals
Revenue, ₹ crore
128
160
130
142
154
142
108
120
154
74
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
25
39
28
39
35
45
18
26
47
19
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	5,698	7,616	5,341	5,143	4,433	5,872	4,498	3,590	6,803	6,891	4,420	4,503
Company revenue, as in its results	5,660	7,581	5,284	5,092	4,390	5,856	4,457	3,534	6,763	6,870	4,347	4,500
Revenue	–	–	3,356	3,481	3,552	3,199	3,201	2,885	3,279	3,334	3,461	3,884
Revenue growth	–	–	–	–	–	–	−4.6%	−17.1%	−7.7%	4.2%	8.1%	34.6%
Profit	–	–	6	−38	11	35	86	−37	−13	41	101	102
Profit growth	–	–	–	–	–	–	1,472.2%	–	–	18.6%	17.3%	–
Margin	–	–	0.2%	−1.1%	0.3%	1.1%	2.7%	−1.3%	−0.4%	1.2%	2.9%	2.6%
Assets	–	–	6,723	7,751	5,619	5,869	6,670	7,119	7,293	7,694	8,547	9,869
Liabilities	–	–	3,945	4,156	4,069	4,009	3,986	3,581	4,857	4,435	3,966	4,079
Capital employed	–	–	2,778	3,594	1,551	1,859	2,685	3,538	2,436	3,259	4,581	5,790
Revenue	–	–	1,471	1,202	444	2,119	765	321	3,047	2,739	307	233
Revenue growth	–	–	–	–	–	–	−48.0%	−73.3%	586.0%	29.3%	−59.9%	−27.5%
Profit	–	–	197	27	0	0	15	−13	23	141	38	48
Profit growth	–	–	–	–	–	–	−92.5%	–	–	1,41,180.0%	156.9%	–
Margin	–	–	13.4%	2.3%	−0.1%	0.0%	1.9%	−4.1%	0.7%	5.2%	12.3%	20.6%
Assets	–	–	3,151	2,376	2,668	2,200	1,363	2,060	4,358	3,264	1,548	1,181
Liabilities	–	–	282	31	1,332	160	289	1,402	969	57	668	151
Capital employed	–	–	2,870	2,345	1,336	2,040	1,073	658	3,389	3,208	880	1,030
Revenue	–	–	–	300	307	411	378	242	370	697	499	313
Revenue growth	–	–	–	–	–	–	–	−19.2%	20.3%	69.6%	32.0%	29.1%
Profit	–	–	–	23	25	28	51	33	42	25	74	30
Profit growth	–	–	–	–	–	–	–	47.4%	64.7%	−11.3%	45.7%	−9.9%
Margin	–	–	–	7.5%	8.2%	6.7%	13.4%	13.7%	11.3%	3.5%	14.8%	9.6%
Assets	–	–	–	132	68	91	73	88	247	430	221	308
Liabilities	–	–	–	21	14	10	43	6	12	12	12	10
Capital employed	–	–	–	110	54	80	30	82	235	418	209	299
Revenue	–	–	128	160	130	142	154	142	108	120	154	74
Revenue growth	–	–	–	–	–	–	19.9%	−11.2%	−17.3%	−15.5%	0.2%	−47.7%
Profit	–	–	25	39	28	39	35	45	18	26	47	19
Profit growth	–	–	–	–	–	–	40.6%	16.5%	−38.2%	−32.3%	33.9%	−58.2%
Margin	–	–	19.4%	24.4%	21.7%	27.2%	22.7%	32.0%	16.3%	21.8%	30.4%	25.6%
Assets	–	–	130	125	131	125	126	80	74	73	67	72
Liabilities	–	–	28	30	30	30	31	29	28	31	33	34
Capital employed	–	–	103	95	101	94	95	51	46	42	34	38
Revenue	–	–	386	–	–	–	–	–	–	–	–	–
Profit	–	–	112	–	–	–	–	–	–	–	–	–
Margin	–	–	29.0%	–	–	–	–	–	–	–	–	–
Assets	–	–	53	–	–	–	–	–	–	–	–	–
Liabilities	–	–	43	–	–	–	–	–	–	–	–	–
Capital employed	–	–	10	–	–	–	–	–	–	–	–	–
Revenue	3,523	3,742	–	–	–	–	–	–	–	–	–	–
Revenue growth	−34.6%	−33.9%	–	–	–	–	–	–	–	–	–	–
Profit	48	148	–	–	–	–	–	–	–	–	–	–
Profit growth	53.0%	−80.1%	–	–	–	–	–	–	–	–	–	–
Margin	1.4%	3.9%	–	–	–	–	–	–	–	–	–	–
Assets	4,634	5,323	–	–	–	–	–	–	–	–	–	–
Liabilities	5,535	4,387	–	–	–	–	–	–	–	–	–	–
Capital employed	−900	936	–	–	–	–	–	–	–	–	–	–
Revenue	2,015	3,646	–	–	–	–	–	–	–	–	–	–
Revenue growth	72.3%	−11.8%	–	–	–	–	–	–	–	–	–	–
Profit	−185	90	–	–	–	–	–	–	–	–	–	–
Profit growth	–	67.5%	–	–	–	–	–	–	–	–	–	–
Margin	−9.2%	2.5%	–	–	–	–	–	–	–	–	–	–
Assets	3,211	4,827	–	–	–	–	–	–	–	–	–	–
Liabilities	1,324	375	–	–	–	–	–	–	–	–	–	–
Capital employed	1,888	4,452	–	–	–	–	–	–	–	–	–	–
Revenue	160	228	–	–	–	–	–	–	–	–	–	–
Revenue growth	−37.0%	−43.3%	–	–	–	–	–	–	–	–	–	–
Profit	32	16	–	–	–	–	–	–	–	–	–	–
Profit growth	−48.2%	−84.8%	–	–	–	–	–	–	–	–	–	–
Margin	20.2%	7.0%	–	–	–	–	–	–	–	–	–	–
Assets	253	185	–	–	–	–	–	–	–	–	–	–
Liabilities	58	68	–	–	–	–	–	–	–	–	–	–
Capital employed	194	118	–	–	–	–	–	–	–	–	–	–
Revenue	−38	−35	−57	−51	−43	−16	−41	−56	−40	−21	−73	−3
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Assets	2,439	0	0	0	0	0	0	0	1,312	0	0	1,516
Liabilities	1,423	0	0	0	0	0	0	0	4,855	0	0	5,718

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

National Fertilizers results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Filed results, as an XML file each

Segment results by quarter

Manufactured Fertilizers

Traded Imported Fertilizers (Under NBS)

OthersDomesticTradedProductAgroInputsSaleServices

Manufactured Chemicals