Dashboard/MADRASFERT

MADRASFERT

UNDERVALUED

Madras Fertilizers Limited

Chemicals · NSE

71.8% vs fair value

52W Low

53

+29.6% from low

52W High

107

-36.4% from high

News sentiment
1 bull1 neu6 bear

Valuation Gauge

UNDERVALUED+71.8% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹68

Fair Value

₹242

Fair Value Analysis

₹242

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Chemicals sector companies | Sector-cheap: P/E at 12th percentile vs sector peers. | COVID-resilient: PAT dropped from ₹4Cr (FY2017) to ₹-125Cr (FY2020) during COVID but has fully recovered.

High confidence

Cash Flow Analysis

50% weight

₹437

Balance Sheet Value

30% weight

₹16

Growth Valuation

20% weight

₹307

Price vs Market

MADRASFERT
Nifty 50

Shareholding Pattern

Stock Health Score

C

Mixed Signals

5.1 / 10

Profitability

5/10

EPS of ₹7.0 — ROE data unavailable for full scoring

Debt & Leverage

0/10

D/E ratio of 6.9x is significantly above the Chemicals sector norm — high leverage risk

Valuation vs Peers

10/10

P/E of 9.5x trades at a 85% discount to Chemicals sector median (64x) — attractively valued

Cash Flow

10/10

FCF margin of 26.8% — exceptional cash generation (₹103 Cr)

Earnings Growth

1/10

5yr EPS CAGR of -26.6% — severe earnings decline

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
67
17
0
17
67
50
83
50
67
50
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

3.4%

Free cash flow / market cap

Revenue Growth (YoY)

+15.8%

Year-on-year revenue change

Profit Growth (YoY)

+118.1%

Year-on-year PAT change

Operating Cash Flow

₹5 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹7

P/E Ratio

9.5x

P/B Ratio

11.7x

ROE

122.6%

ROCE

159.9%

Debt / Equity

6.9x

Beta

Div Yield

FCF (Cr)

₹103 Cr

Revenue (Cr)

₹384 Cr

EPS Growth 5Y

-26.6%

Mkt Cap (Cr)

₹1,065 Cr

52W High

₹107.1

52W Low

₹52.6

Book Value/Share

₹5.7

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
2026-03-31₹2.3K Cr₹110 Cr5.0%₹80 Cr₹4.99
2025-03-31₹2.5K Cr₹127 Cr5.0%₹64 Cr₹3.99
2024-03-31₹2.2K Cr₹104 Cr5.0%₹6 Cr₹0.35
2023-03-31₹3.4K Cr₹332 Cr10.0%₹185 Cr₹11.50
2022-03-31₹2.3K Cr₹247 Cr11.0%₹162 Cr₹10.08
2021-03-31₹1.5K Cr₹135 Cr9.0%₹3 Cr₹0.18
2020-03-31₹1.3K Cr₹-2 Cr0.0%₹-125 Cr₹-7.78
2019-03-31₹1.6K Cr₹-2 Cr0.0%₹-130 Cr₹-8.06
2018-03-31₹1.6K Cr₹24 Cr1.0%₹-45 Cr₹-2.78
2017-03-31₹1.4K Cr₹79 Cr6.0%₹4 Cr₹0.22
2016-03-31₹1.2K Cr₹7 Cr1.0%₹-190 Cr₹-11.77
2015-03-31₹1.7K Cr₹-30 Cr-2.0%₹-135 Cr₹-8.36

Compounded Growth Rates

Sales Growth

3Y-12.6%
5Y+8.5%
10Y+6.7%

Profit Growth

3Y-24.4%
5Y+92.8%
10Y

EPS Growth

3Y-24.3%
5Y+94.3%
10Y

Peer Comparison

Chemicals
StockPriceFair ValueMoS%P/EROESignal

HMA Agro Industries Limited

₹24.4₹95+74.3%7.119.7%FAIRLY_VALUED

Khaitan Chemicals & Fertilizers Limited

₹55.5₹212.1+73.8%8.126.7%FAIRLY_VALUED

Madras Fertilizers Limited

₹68.1₹241.9+71.8%146.9269.6%UNDERVALUED

ShreeOswal Seeds And Chemicals Limited

₹12.1₹41.2+70.7%30.911.8%UNDERVALUED

Kothari Petrochemicals Limited

₹123.8₹306.8+59.6%11.421.4%UNDERVALUED

Agro Phos India Limited

₹30.2₹73.3+58.8%12.313.9%UNDERVALUED

Kothari Sugars And Chemicals Limited

₹25.6₹45.6+43.8%39.412.9%UNDERVALUED

Aries Agro Limited

₹352.5₹620.4+43.2%10.59.9%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

Loading filings…

Share this Stock

Download card · Share on WhatsApp

MADRASFERT share card

Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant