National Fertilizers Limited
National Fertilizers Limited engages in the production and marketing of neem coated urea, bio-fertilizers, and other allied Industrial products in India. It operates through Manufactured Fertilizers, Manufactured Chemicals, Traded Imported Fertilizers, and Others segments. The company offers urea; bentonite sulphur; and bio fertilizers, including rhizobium, azectobactor and PSB, and zinc solubili… Read more
National Fertilizers Limited (NFL) - Net Assets
Latest net assets as of September 2025: ₹25.64 Billion INR
Based on the latest financial reports, National Fertilizers Limited (NFL) has net assets worth ₹25.64 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹132.84 Billion) and total liabilities (₹107.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹25.64 Billion |
| % of Total Assets | 19.3% |
| Annual Growth Rate | 4.14% |
| 5-Year Change | 26.9% |
| 10-Year Change | 69.04% |
| Growth Volatility | 8.67 |
National Fertilizers Limited - Net Assets Trend (2006–2025)
This chart illustrates how National Fertilizers Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Fertilizers Limited (2006–2025)
The table below shows the annual net assets of National Fertilizers Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹27.16 Billion | +6.32% |
| 2024-03-31 | ₹25.54 Billion | +0.50% |
| 2023-03-31 | ₹25.42 Billion | +24.16% |
| 2022-03-31 | ₹20.47 Billion | -4.35% |
| 2021-03-31 | ₹21.40 Billion | +12.51% |
| 2020-03-31 | ₹19.02 Billion | -14.07% |
| 2019-03-31 | ₹22.14 Billion | +11.50% |
| 2018-03-31 | ₹19.86 Billion | +8.81% |
| 2017-03-31 | ₹18.25 Billion | +13.58% |
| 2016-03-31 | ₹16.07 Billion | +8.48% |
| 2015-03-31 | ₹14.81 Billion | -0.87% |
| 2014-03-31 | ₹14.94 Billion | -5.66% |
| 2013-03-31 | ₹15.84 Billion | -9.73% |
| 2012-03-31 | ₹17.54 Billion | +4.92% |
| 2011-03-31 | ₹16.72 Billion | +5.69% |
| 2010-03-31 | ₹15.82 Billion | +7.58% |
| 2009-03-31 | ₹14.71 Billion | +4.48% |
| 2008-03-31 | ₹14.08 Billion | +2.69% |
| 2007-03-31 | ₹13.71 Billion | +9.10% |
| 2006-03-31 | ₹12.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Fertilizers Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1890880000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹18.91 Billion | 69.62% |
| Common Stock | ₹4.91 Billion | 18.06% |
| Other Comprehensive Income | ₹3.34 Billion | 12.31% |
| Total Equity | ₹27.16 Billion | 100.00% |
National Fertilizers Limited Competitors by Market Cap
The table below lists competitors of National Fertilizers Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clavister Holding AB (publ.)
ST:CLAV
|
$104.50 Million |
|
Profile Systems & Software SA
AT:PROF
|
$104.51 Million |
|
KOGENERACJA S.A. ZY 5
F:2ZO
|
$104.54 Million |
|
China Boton Group Company Limited
PINK:CHBGF
|
$104.57 Million |
|
DUOL34
SA:DUOL34
|
$104.48 Million |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
$104.42 Million |
|
Jadestone Energy plc
PINK:JDSEF
|
$104.41 Million |
|
Yao Sheng Electronic Co Ltd
TWO:3207
|
$104.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Fertilizers Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,542,700,000 to 27,158,100,000, a change of 1,615,400,000 (6.3%).
- Net income of 1,839,800,000 contributed positively to equity growth.
- Dividend payments of 132,500,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.84 Billion | +6.77% |
| Dividends Paid | ₹132.50 Million | -0.49% |
| Other Changes | ₹-91.90 Million | -0.34% |
| Total Change | ₹- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares National Fertilizers Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.85x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹25.58 | ₹72.99 | x |
| 2007-03-31 | ₹27.94 | ₹72.99 | x |
| 2008-03-31 | ₹28.69 | ₹72.99 | x |
| 2009-03-31 | ₹29.98 | ₹72.99 | x |
| 2010-03-31 | ₹32.25 | ₹72.99 | x |
| 2011-03-31 | ₹34.09 | ₹72.99 | x |
| 2012-03-31 | ₹35.76 | ₹72.99 | x |
| 2013-03-31 | ₹32.28 | ₹72.99 | x |
| 2014-03-31 | ₹30.45 | ₹72.99 | x |
| 2015-03-31 | ₹30.19 | ₹72.99 | x |
| 2016-03-31 | ₹32.75 | ₹72.99 | x |
| 2017-03-31 | ₹37.20 | ₹72.99 | x |
| 2018-03-31 | ₹40.47 | ₹72.99 | x |
| 2019-03-31 | ₹45.13 | ₹72.99 | x |
| 2020-03-31 | ₹38.78 | ₹72.99 | x |
| 2021-03-31 | ₹43.63 | ₹72.99 | x |
| 2022-03-31 | ₹41.73 | ₹72.99 | x |
| 2023-03-31 | ₹51.81 | ₹72.99 | x |
| 2024-03-31 | ₹52.07 | ₹72.99 | x |
| 2025-03-31 | ₹55.13 | ₹72.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Fertilizers Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.93%
- • Asset Turnover: 2.13x
- • Equity Multiplier: 3.43x
- Recent ROE (6.77%) is above the historical average (6.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.26% | 7.12% | 0.73x | 1.79x | ₹-92.41 Million |
| 2007 | 12.85% | 10.68% | 0.64x | 1.89x | ₹390.26 Million |
| 2008 | 7.72% | 6.69% | 0.56x | 2.06x | ₹-321.15 Million |
| 2009 | 6.63% | 5.79% | 0.61x | 1.86x | ₹-496.10 Million |
| 2010 | 10.84% | 10.12% | 0.58x | 1.83x | ₹132.96 Million |
| 2011 | 8.28% | 7.39% | 0.56x | 2.01x | ₹-287.18 Million |
| 2012 | 7.22% | 1.73% | 1.14x | 3.65x | ₹-487.13 Million |
| 2013 | -10.78% | -2.54% | 0.61x | 7.00x | ₹-3.29 Billion |
| 2014 | -6.00% | -1.12% | 0.58x | 9.21x | ₹-2.39 Billion |
| 2015 | 1.77% | 0.31% | 0.63x | 9.09x | ₹-1.22 Billion |
| 2016 | 12.27% | 2.54% | 0.64x | 7.55x | ₹364.16 Million |
| 2017 | 11.39% | 2.73% | 0.75x | 5.58x | ₹254.40 Million |
| 2018 | 10.72% | 7.14% | 0.31x | 4.85x | ₹142.05 Million |
| 2019 | 13.33% | 7.51% | 0.28x | 6.28x | ₹737.00 Million |
| 2020 | -9.52% | -3.87% | 0.32x | 7.66x | ₹-3.71 Billion |
| 2021 | 11.08% | 5.07% | 0.56x | 3.93x | ₹230.61 Million |
| 2022 | -4.65% | -1.94% | 0.47x | 5.13x | ₹-3.00 Billion |
| 2023 | 18.03% | 6.44% | 0.57x | 4.93x | ₹2.04 Billion |
| 2024 | 5.87% | 0.64% | 2.10x | 4.39x | ₹-1.05 Billion |
| 2025 | 6.77% | 0.93% | 2.13x | 3.43x | ₹-876.01 Million |
Industry Comparison
This section compares National Fertilizers Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $5,218,771,854
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Fertilizers Limited (NFL) | ₹25.64 Billion | 9.26% | 4.18x | $104.50 Million |
| Agro Phos India Limited (AGROPHOS) | $520.47 Million | 9.61% | 1.50x | $4.15 Million |
| Aries Agro Limited (ARIES) | $1.81 Billion | 7.52% | 1.37x | $31.60 Million |
| Astec LifeSciences Limited (ASTEC) | $1.35 Billion | 10.91% | 1.68x | $35.37 Million |
| Bayer Cropscience Limited (BAYERCROP) | $17.56 Billion | 17.95% | 0.39x | $984.78 Million |
| Best Agrolife Limited (BESTAGRO) | $577.23 Million | 0.02% | 0.90x | $20.16 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $461.53 Million | -6.95% | 2.88x | $102.33 Million |
| Bharat Rasayan Limited (BHARATRAS) | $437.35 Million | 13.47% | 0.48x | $65.75 Million |
| Bohra Industries Limited (BOHRAIND) | $568.54 Million | -4.53% | 0.07x | $2.29 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $1.05 Billion | 25.22% | 1.12x | $24.86 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $27.85 Billion | 21.19% | 4.00x | $752.16 Million |