About Mangalore Chemicals and Fertilisers Limited
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Mangalore Chemicals and Fertilisers Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Zuari Agro Chemicals Limited. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 18 July 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L24123KA1966PLC002036. Its GSTIN is 29AABCM3599G1Z3 (Karnataka). The company holds 11 GST registrations, of which 8 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 16 Jan 2026 · merger, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹118.52 Cr. It is led by directors including Nitin Manguesh Kantak (Whole-Time Director) and Doddaballapur Prasanna Achutarao.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level 11 Ub Tower Ub City 24 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,368.54 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹143.71 Cr (net margin 4.3%) and EBITDA of ₹358.56 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company is associated with 1 brand: Mangalore Chemicals & Fertilizers. As per MCA filings, the company has open charges of ₹3,365.84 Cr and satisfied charges of ₹1,185.9 Cr on record. Court records list 77 cases involving the company, including 34 filed by the company and 43 filed against it; 8 cases are pending. The company has 70 deals on record (66 market trades, 3 acquisitions, 1 debt financing), with disclosed funding of ₹280 Cr; the latest was in June 2024. Its 10 peer companies in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Ramagundam Fertilizers and Chemicals Limited with revenue of ₹5,291.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangalorechemicals.com.
Company details
Contact details
Mangalore Chemicals and Fertilisers Limited's registered office is in Bangalore, Karnataka. Its website is mangalorechemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLevel 11 Ub Tower Ub City 24 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Mangalore Chemicals and Fertilisers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mangalore Chemicals and Fertilisers operates one associated brand: Mangalore Chemicals & Fertilizers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemical fertilizers and plant nutrition products are manufactured. | mangalorechemicals.com |
Business activity
The main business activities of Mangalore Chemicals and Fertilisers are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Financials of Mangalore Chemicals and Fertilisers Limited
FY 2025 filings availableMangalore Chemicals and Fertilisers Limited reported revenue of ₹3,368.54 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹358.56 Cr | ||||
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| Net Profit (PAT) | ₹143.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Board of directors of Mangalore Chemicals and Fertilisers Limited
Mangalore Chemicals and Fertilisers has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Doddaballapur Prasanna Achutarao Also directs: Acunova Life Sciences LLP, Ajax Engineering Limited, Skanray Technologies Limited and 1 more | Director | 06 May 2016 | 10 Years 5 Months | Current |
| Akshay Poddar Also directs: GSR Poddar Services LLP, Texmaco Rail & Engineering Limited, Adventz Securities Enterprises Limited and 5 more | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
| Marco Philippus Ardeshir Wadia | Director | 13 May 2022 | 4 Years 5 Months | Current |
| Nitin Manguesh Kantak Also directs: Zuari Agro Chemicals Limited, The Fertiliser Association of India., Zuari Iav Private Limited and 2 more | Whole-Time Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Narayanan Suresh Krishnan Also directs: Zuari Farmhub Limited, The Fertiliser Association of India., Water Energy Food Transitions Research LLP and 4 more | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Kiran Dhingra | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Mangalore Chemicals and Fertilisers Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramagundam Fertilizers and Chemicals Limited | ₹5,291.2 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Natco Pharma Limited | ₹4,784 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Fertilisers and Chemicals Travancore Ltd | ₹4,267.36 Cr (FY 2025) | -19.0% | Ernakulam, Kerala, India | |||
| Kribhco Fertilizers Limited | ₹4,053.39 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Greenstar Fertilizers Limited | ₹3,992.68 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India | |||
| Mangalore Chemicals and Fertilisers Limitedthis company | ₹3,368.54 Cr (FY 2025) | ₹143.71 Cr | 4.3% | -12.0% | Bangalore, Karnataka, India | |
| Nagarjuna Fertilizers and Chemicals Limited | ₹3,318.13 Cr (FY 2025) | -31.0% | Hyderabad, Telangana, India | |||
| Southern Petrochemical Industries Corporation Limited | ₹3,100.25 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Crystal Crop Protection Limited | ₹2,731.94 Cr (FY 2025) | 20.0% | Ellisbridge, Gujarat, India | |||
| Madras Fertilizers Limited | ₹2,585.81 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Ostwal Phoschem (India) Limited | ₹2,537.71 Cr (FY 2025) | 36.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Auditor
Mangalore Chemicals and Fertilisers Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2023 | 003990S/S200018 |
Shareholding
The shareholding of Mangalore Chemicals and Fertilisers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101165069 | Axis Bank Limited | ₹570 Cr | Open | |
| 17 Dec 2024 | 101026350 | Yes Bank Limited | ₹235 Cr | Open | |
| 24 May 2024 | 100926345 | Bank of India | ₹9.73 Lakh | Open | |
| 02 Feb 2024 | 100863090 | Bank of India | ₹2.24 Cr | Open | |
| 13 Jan 2023 | 100672717 | Others | ₹25 Cr | Open |
To see the full charge records of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Total charge records: 43 View all charges
Deals & funding
Mangalore Chemicals and Fertilisers Limited has 70 deals on record (66 market trades, 3 acquisitions, 1 debt financing), with disclosed funding of ₹280 Cr; the latest was in June 2024.
Deals on record (5 of 70)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹12.23 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2024 | Market trade | ₹8.85 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹8.86 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹9.2 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2022 | Market trade | ₹9.99 Cr | Buyer: Gee Bee Securities Private Limited |
To see the full deal history of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mangalore Chemicals and Fertilisers Limited has 77 court cases on record: 34 filed by Mangalore Chemicals and Fertilisers, 43 filed against it. 8 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 37 | 5 |
| High courts | 14 | 5 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Bharat Sanchar Nigam Ltd. | Pending |
| District court, Faridabad, Haryana | Arbitration matter | Filed against the company by Icon Realcon Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Arbitration matter | Filed against the company by Rise Projects Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Arbitration matter | Filed against the company by Meenal Housing Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Arbitration matter | Filed against the company by Ahinsha Builders Pvt Ltd | Disposed |
To see the full case history of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mangalore Chemicals and Fertilisers Limited was last rated by Care on 23 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Dec 2021 |
To see the full credit ratings and regulatory alerts of Mangalore Chemicals and Fertilisers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangalore Chemicals and Fertilisers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangalore Chemicals and Fertilisers has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM3599G1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AABCM3599G2Z2 | Karnataka | Active | 21 Mar 2025 |
| 27AABCM3599G1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 32AABCM3599G1ZG | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangalore Chemicals and Fertilisers Limited, buy the company report.
Recent activity
Mangalore Chemicals and Fertilisers Limited has 52 board changes on record since 1990: 30 appointments and 22 cessations. The latest: Vighneshwar Gopalakrishna Bhat was appointed as Company Secretary on 15 Nov 2023.
132 earlier events are in the company report.
News
Frequently asked questions
Mangalore Chemicals and Fertilisers is an active public limited company based in Bangalore, Karnataka, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 18 July 1966 (60+ years old) and is registered under CIN L24123KA1966PLC002036.
Mangalore Chemicals and Fertilisers has 6 current directors:
- Nitin Manguesh Kantak - Whole-Time Director
- Doddaballapur Prasanna Achutarao - Director
- Akshay Poddar - Director
- Marco Philippus Ardeshir Wadia - Director
- Narayanan Suresh Krishnan - Director
- Kiran Dhingra - Director
The latest financial statements of Mangalore Chemicals and Fertilisers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalore Chemicals and Fertilisers is 29AABCM3599G1Z3, registered in Karnataka. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 29AABCM3599G2Z2 (Karnataka), 27AABCM3599G1Z7 (Maharashtra), 32AABCM3599G1ZG (Kerala).
The CIN (Corporate Identification Number) of Mangalore Chemicals and Fertilisers is L24123KA1966PLC002036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalore Chemicals and Fertilisers is recorded as a listed company by MCA, but its shares were delisted from BSE on 16 Jan 2026 · merger, and no longer trade on a stock exchange.
Mangalore Chemicals and Fertilisers has 77 court cases on record: 34 filed by the company and 43 filed against it. 8 are pending. Most are in the district courts.
Mangalore Chemicals and Fertilisers was incorporated on 18 July 1966, making it 60+ years old. It is registered with the Registrar of Companies, Bangalore.
Mangalore Chemicals and Fertilisers has 70 deals on record (66 market trades, 3 acquisitions, 1 debt financing), with disclosed funding of ₹280 Cr; the latest was in June 2024.
The peers of Mangalore Chemicals and Fertilisers by revenue are Ramagundam Fertilizers and Chemicals Limited, Natco Pharma Limited, Fertilisers and Chemicals Travancore Ltd, Kribhco Fertilizers Limited, Greenstar Fertilizers Limited and 5 more, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vighneshwar Gopalakrishna Bhat was appointed as Company Secretary on 15 Nov 2023. Rita Menon ceased to be Director on 29 Jul 2023. Kiran Dhingra was appointed as Director on 10 Jul 2023. Mangalore Chemicals and Fertilisers has 52 board changes on record in total.