MarketFriction

Mangalore Chemicals & Fertilizers Ltd

NSE MANGCHEFER · Fertilizers
₹308.75 -0.42%
NSE close2025-10-30
Market cap₹3,659 Cr.
P/E22.7
No trades in 30 days Delivery 69.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales2831,1731,1649581,410641786814776968774862
Expenses3061,0331,0368421,269559750708701865736751
Operating Profit-2214112811614182361067610338111
OPM %-8%12%11%12%10%13%4.6%13%10%11%4.8%13%
Other Income67117101113657187
Interest213331302823232520161517
Depreciation131717171718191919191918
Profit before tax-499792761065176841752283
Tax %-35%21%26%35%36%35%33%35%36%23%26%26%
Net Profit-32766849683354426571662
EPS in Rs-2.726.435.734.165.712.780.413.712.234.841.355.20
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales2,5772,9692,4792,6893,0742,7112,1442,8963,6423,7953,3323,380
Expenses2,4132,8572,3062,5312,8822,5041,9362,6803,3273,4143,0023,053
Operating Profit163112174158191207208216315382330327
OPM %6%3.8%7%6%6%8%10%7%9%10%10%10%
Other Income10-213839920241925352837
Interest1261151168411111177491041057668
Depreciation293235373945505160727675
Profit before tax18-24830755070106135176241206221
Tax %-105%-3%36%19%34%8%36%35%24%36%30%
Net Profit38-240196133656788135155144161
EPS in Rs3.17-20.261.645.112.775.455.667.4111.3613.0612.1313.62
Dividend Payout %19%0%31%20%36%9%18%16%11%11%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%4%5%-7%
Compounded Profit Growth14%17%18%8%
Stock Price CAGR21%33%42%-4%
Return on Equity12%16%17%15%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital119119119119119119119119119119119119
Reserves517541286305359377427489565685821946
Borrowings1,5221,1081,3851,2031,3671,7131,5068841,3631,3771,039741
Other Liabilities475670664610664710751506675479452527
Total Liabilities2,6332,4382,4532,2372,5082,9182,8031,9972,7212,6592,4302,333
Fixed Assets4976206436256116136085995731,0771,0821,021
CWIP1299131333354678317141131
Investments2002000000000000
Other Assets1,8071,6091,7971,5991,8642,2702,1491,3201,8311,5681,3371,280
Total Assets2,6332,4382,4532,2372,5082,9182,8031,9972,7212,6592,4302,333
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity-22613-13633733-262629962-87192496271
Cash from Investing Activity-154-56-53-13-40-59-65-121-187-243-82-98
Cash from Financing Activity173-550180-27060250-393-702404-101-464-392
Net Cash Flow-38-105554-71171139130-152-50-219
Free Cash Flow-176557-190317-6-327564863-257-111400182
CFO/OP-0%378%-120%197%32%-129%310%470%-32%72%140%100%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days1933601831611861958784765861
Inventory Days23653814223789494887372653
Days Payable439886235312841148882372342
Cash Conversion Cycle-101290861901304789766172
Working Capital Days97-13-21-99-20-63-61-22-819
ROCE %10%7%5%9%9%8%9%10%11%14%17%15%
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters60.63%60.63%60.63%60.63%60.63%60.63%60.63%60.63%60.63%60.63%60.63%60.63%
FIIs0.13%0.86%0.84%1.11%1.61%1.84%1.45%1.66%2.12%2.12%3.10%3.01%
DIIs0.19%0.19%0.19%0.19%2.12%2.00%4.66%5.63%5.74%6.71%6.47%8.59%
Government0.89%0.89%0.89%0.89%0.89%0.89%0.89%0.89%0.89%0.89%0.89%0.89%
Public38.17%37.43%37.44%37.18%34.76%34.64%32.37%31.21%30.63%29.66%28.93%26.88%
No. of Shareholders58,11254,49253,18552,56253,25468,70169,21365,00758,58657,29759,83357,396

Fundamentals

Market Cap₹ 3,659 Cr.
Current Price₹ 309
Stock P/E22.7
Book Value₹ 89.8
ROCE15.4 %
ROE14.9 %
Dividend Yield0.49 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)8%
Standalone figures.
Valuation
Market capRs 3,660 Cr
Enterprise valueRs 4,269 Cr
P/E (TTM)22.67x
Price to book3.44x
Price to sales1.08x
EV / EBITDA11.72x
EV / EBIT14.77x
EV / sales1.26x
Price to cash flow13.49x
Earnings yield4.41%
Dividend yield0.49%
P/E, 3-year average9.74x
P/B, 3-year average1.49x
P/E, 5-year average10.73x
P/B, 5-year average1.47x
Profitability
Operating margin (excl. other income)9.91%
Operating margin (incl. other income)10.76%
EBITDA margin10.78%
Pre-tax margin6.54%
Net profit margin4.78%
Net margin, latest quarter7.15%
ROE14.34%
ROCE14.93%
ROA6.03%
ROE, 3-year average16.74%
ROCE, 3-year average14.94%
ROA, 3-year average5.71%
ROE, 5-year average15.10%
ROCE, 5-year average13.10%
ROA, 5-year average4.73%
ROIC (approx.)12.04%
Tax rate30.25%
Other income / net worth2.67%
Growth
Sales growth (latest year)-12.21%
Profit growth (latest year)-7.18%
Sales CAGR, 3 years4.79%
Sales CAGR, 5 years4.21%
Profit CAGR, 3 years17.82%
Profit CAGR, 5 years17.36%
Sales growth QoQ11.42%
Profit growth QoQ284.47%
Sales growth YoY (latest quarter)5.91%
Profit growth YoY (latest quarter)40.36%
Per share
EPS (TTM)Rs 13.62
EPS (latest year)Rs 12.12
EPS (latest quarter)Rs 5.20
EPS, 3-year averageRs 12.18
EPS, 5-year averageRs 9.92
Book value per shareRs 89.81
Sales per shareRs 285.12
Cash flow per shareRs 22.89
Free cash flow per shareRs 15.35
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.40
Dividend per share, 5-year averageRs 1.28
Dividends
Dividend payout12.37%
Dividend payout, 3-year average11.47%
Dividend payout, 5-year average13.66%
Efficiency
Asset turnover1.43x
Fixed asset turnover3.26x
Inventory turnover10.49x
Inventory days35 days
Debtor days61 days
Debtors turnover5.94x
Creditor days42 days
Cash conversion cycle72 days
Working capital days19 days
Leverage
Total debtRs 741 Cr
Cash and bankRs 132 Cr
Net debtRs 609 Cr
Debt to equity0.70x
Net debt / EBITDA1.67x
Interest coverage4.25x
Owners' fund to total sources45.64%
Debt to assets31.78%
Cash flow
Cash from Operating Activity (latest year)Rs 271 Cr
Cash from Investing Activity (latest year)Rs -98 Cr
Cash from Financing Activity (latest year)Rs -392 Cr
Net Cash Flow (latest year)Rs -219 Cr
Free cash flow (latest year)Rs 182 Cr
FCFE (approx.: FCF + change in debt)Rs -115 Cr
Cash from ops / profit, 5 years3.11x
Sales to cash flow12.28x
Statement figures
Net sales (TTM)Rs 3,380 Cr
Net sales (latest year)Rs 3,332 Cr
Sales (latest quarter)Rs 862 Cr
Operating profit excl. other income (latest year)Rs 330 Cr
Operating profit (latest quarter)Rs 111 Cr
Other income (TTM)Rs 37 Cr
EBITDA (TTM)Rs 364 Cr
PBDT (TTM)Rs 296 Cr
Profit before tax (TTM)Rs 221 Cr
Tax (latest year)Rs 62 Cr
Net profit (TTM)Rs 161 Cr
Net profit (latest year)Rs 144 Cr
Net profit (latest quarter)Rs 62 Cr
Depreciation (TTM)Rs 75 Cr
Depreciation (latest quarter)Rs 18 Cr
Interest (TTM)Rs 68 Cr
Cost of goods sold (latest year)Rs 2,868 Cr
Total expenditure (latest year)Rs 3,002 Cr
Total income (latest year)Rs 3,360 Cr
Share capitalRs 119 Cr
ReservesRs 946 Cr
Shareholders' fundsRs 1,065 Cr
Total assetsRs 2,333 Cr
Net blockRs 1,021 Cr
Capital work in progressRs 31 Cr
ReceivablesRs 561 Cr
InventoryRs 273 Cr
Other liabilitiesRs 527 Cr
Shares outstanding (crore)11.85
Ownership
Promoter holding60.63% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 22.7 is at the 84th percentile of its own 8.4-year range (median 11.9, low 5.4, high 49.1).
P/B 3.44 is at the 96th percentile (median 1.58).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMANGCHEFERNifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month-3.8%-6.8% +3.0 pts
3 months-12.7%-7.6% -5.1 pts
6 months+37.6%+0.4% +37.1 pts
1 year+142.5%-9.9% +152.4 pts
2 years+183.0%-13.6% +196.6 pts
3 years+228.1%+14.2% +213.9 pts
5 years+955.6%+27.9% +927.7 pts

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2025
Sales ₹862 Cr +5.9% vs Jun 2024. Net profit ₹62 Cr +40.9%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2025-08-14Dividend - Rs 1.50 Per Share
2024-09-19Dividend - Rs 1.50 Per Share
2023-09-18Dividend - Rs 1.50 Per Share
2022-09-05Dividend - Rs 1.20 Per Share
2021-09-08 Dividend - Re 1 Per Share
2020-09-04 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-08-19 Dividend - Re 1 Per Share
2018-08-29 Annual General Meeting/Dividend- Re 1 Per Share
2017-09-15 Dividend- Re 0.5 Per Share
2016-09-16 Annual General Meeting
2015-09-16 Annual General Meeting/Dividend Re 0.60 Per Share
2014-08-28Annual General Meeting / Dividend - Rs 1.20/- Per Share
2013-09-17Annual General Meeting / Dividend - Rs 1.20/- Per Share
2012-09-18Annual General Meeting/Dividend Re 1.20 Per Share
2011-09-21Annual General Meeting And Dividend Rs.1.20 Per Share
2010-09-21Annual General Meeting And Dividend Re.1/- Per Share
2009-09-18Agm/Div-Re.0.70 Per Share
2008-09-12Agm/Div-Re.0.60 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Mangalore Chemicals & Fertilizers Ltd?

Mangalore Chemicals & Fertilizers Ltd (MANGCHEFER) has a market capitalisation of Rs 3,659 Cr. at the 2025-10-30 close.

What is the P/E ratio of Mangalore Chemicals & Fertilizers Ltd?

Mangalore Chemicals & Fertilizers Ltd trades at a P/E of 22.7 on trailing twelve-month profit, at the 2025-10-30 close.

What were Mangalore Chemicals & Fertilizers Ltd's latest quarterly results?

In the Jun 2025 quarter, Mangalore Chemicals & Fertilizers Ltd sales was Rs 862 Cr (+5.9% vs Jun 2024) and net profit was Rs 62 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03