Companies›Commodities›Chemicals›Fertilizers & Agrochemicals
NSE:RCF

RASHTRIYA CHEMICALS & FER

Chemicals › Fertilizers & Agrochemicals·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹96.55
at close · 28 Oct 2026
▼ 0.06 (-0.06%)
ThemesDefence· mention

Latest filings

  1. CARE Ratings reaffirms RCF commercial paper rating at A1+ · Compliance
  2. Compliance certificate under SEBI Reg 74(5) for Q2 FY27 · Compliance
  3. Trading Window Closure from October 1, 2026 for Q2 Results · Compliance
All filings ↓
Ask Nexa about RASHTRIYA CHEMICALS & FER

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures fertilizers and industrial chemicals at its Trombay unit in Mumbai and its Thai unit in Maharashtra, and trades in fertilizers and chemicals, earning Rs 18,480.17 crore in FY26 revenue. The Fertilizers segment is the largest at Rs 10,912.08 crore (59.0% of segment revenue), generating Rs 308.19 crore in segment EBIT, while the Trading segment brought in Rs 5,925.7 crore (32.1%) with Rs 239.52 crore EBIT, and Industrial Chemicals contributed Rs 1,627.21 crore (8.8%) with the highest segment EBIT of Rs 314.75 crore. The company is a Government of India undertaking under the Ministry of Chemicals and Fertilizers and earned Rs 928.40 crore of subsidy income on imported fertilizers and Rs 98.17 crore of urea freight subsidy in FY26. It has signed an MoU with GAIL to set up a 1.27 Million Metric Tonnes Per Annum gas-based urea plant along the Mumbai-Nagpur-Jharsuguda pipeline in Vidarbha. Materials cost 32.3% of revenue, with other operating expenses at 29.5%, employee costs at 3.5%, depreciation at 1.6%, and capex at 5.8% of revenue. ICRA has reaffirmed an AA rating with stable outlook on debt of about Rs 9,300 crore.

Revenue mix · reported segments
Fertilizers59.0%
Trading32.1%
Industrial Chemicals8.8%
Unallocated0.1%
Operating scale
Manufacturing units
Trombay (Mumbai) and Thai (Maharashtra)FY26
Planned new urea capacity (with GAIL)
1.27 Million Metric Tonnes Per AnnumFY27 onward
FY26 revenue
Rs 18,480.17 croreFY26
Total assets
Rs 16,700.88 croreFY26
Imported fertilizer subsidy recognised
Rs 928.40 croreFY26
Urea freight subsidy recognised
Rs 98.17 croreFY26
Who pays it
Farmers and agricultural buyers (fertilizers), industrial buyers (industrial chemicals); subsidy income from the Government of India on imported fertilizers and urea freight.
Biggest cost
Materials/raw materials at 32.3% of revenue.
Kind of business
Asset-heavy, subsidy-dependent fertilizer manufacturer and trader, Government of India PSU.
Where it sits
Government of India undertaking under the Ministry of Chemicals and Fertilizers, with ICRA AA/Stable credit rating on about Rs 9,300 crore of rated debt.
Market Cap
₹5,327 Cr
P / E (TTM)
11.9×
EV / EBITDA
7.4×
Div Yield
2.41%
Growth
17.4%▲
Revenue 5y CAGR
PAT +2.6% · EBITDA +6.6%
Quality
12.1%▲
ROCE (5y median)
ROE 8.3% (5y median) · margin 6.5%
Leverage
0.80·
Debt / Equity · moderate
Net debt ₹3,990 Cr
Revenue FY21→FY26
2.2×▲
Margin −2.2 pts
₹8,281 Cr → ₹18,480 Cr
Cash conversion
0.65×·
Operating cash ÷ profit · 5 yrs
₹1,665 Cr on ₹2,564 Cr
Moves on a normal day
1.10%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 22 Fertilizers peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#13/20
P/B#14/23
ROCE#13/23
ROE#12/23
Debt / Equity#16/23
EBITDA margin#13/21
Revenue growth#15/21
Profit growth#8/23

Scorecard

Measured from the filed financials, judged against its Fertilizers peers · as of FY26 — not investment advice

Strengths
Revenue compounding 17% a year over 5 years
Pays out 30% of profit as dividend
Concerns
Customers are taking longer to pay — 64 → 93 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

RCF · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from RASHTRIYA CHEMICALS & FER's filed financials and exchange disclosures

What does RASHTRIYA CHEMICALS & FER do?

RASHTRIYA CHEMICALS & FER is a Fertilizers & Agrochemicals company listed on NSE and BSE, trading under the symbol RCF.

Is RASHTRIYA CHEMICALS & FER profitable?

Yes. Over the trailing twelve months RASHTRIYA CHEMICALS & FER reported a net profit of ₹447 Cr on revenue of ₹18,695 Cr.

Does RASHTRIYA CHEMICALS & FER pay a dividend?

Yes. The dividend yield is 2.41% at the current price. It paid out 30% of its profit as dividend in FY26.

Is RASHTRIYA CHEMICALS & FER debt-free?

No. It reported borrowings of ₹4,113 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹3,990 Cr after cash. Debt stands at 0.80× equity. That is higher than 68% of its 23 Fertilizers peers.

Is RASHTRIYA CHEMICALS & FER expensive compared with its peers?

On trailing P/E, RASHTRIYA CHEMICALS & FER ranks 13 of 20 in Fertilizers — cheaper than 37% of them, against an industry median of 10.7×. This is a position, not a valuation judgement.

How much does the RASHTRIYA CHEMICALS & FER share price move in a day?

On a typical session RASHTRIYA CHEMICALS & FER moves 1.10% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RASHTRIYA CHEMICALS & FER's announcements?

Every NSE and BSE filing by RASHTRIYA CHEMICALS & FER appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.