Madras Fertilizers Limited - agriculture in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L32201TN1966GOI005469 Incorporated 08 December 1966 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: MADRASFERT · BSE: 590134 Public Limited Union Government Company agriculture
Market Cap
₹939 Cr
MADRASFERT · NSE
Share Price
₹63.54
+8.97% today
Revenue
₹2,300 Cr
FY 2025-26 · -9.5% YoY
EBITDA
₹102 Cr
Margin 4.4%
Net Profit
₹87.01 Cr
FY 2025-26 · +35.4% YoY
P/E (TTM)
12.2x
P/B 10.5x
ROE
12.5%
ROCE 12.3%
Debt / Equity
21.76
Interest cover 66.9x

About Madras Fertilizers Limited

Data last updated:

Madras Fertilizers Limited is a public limited union government company based in Chennai, Tamil Nadu, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 08 December 1966 and has been in existence for over 60 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L32201TN1966GOI005469. Its GSTIN is 33AAACM5198E1ZK (Tamil Nadu). The company holds 9 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 590134 and NSE: MADRASFERT.

The company has an authorised share capital of ₹365 Cr and a paid-up capital of ₹161.1 Cr. It is led by directors including Manoj Kumar Jain (Managing Director) and Samieh Kokabi.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Manali, Chennai, Tamil Nadu, India – 600068.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,300.35 Cr, a decline of 9.5% compared to the previous year. For the same year it recorded a net profit of ₹87.01 Cr (net margin 3.8%) and EBITDA of ₹101.5 Cr (EBITDA margin 4.4%).

The company has about 342 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Madras Fertilizers. As per MCA filings, the company has open charges of ₹1,386.54 Cr and satisfied charges of ₹266.82 Cr on record. Court records list 471 cases involving the company, including 222 filed by the company and 254 filed against it; 68 cases are pending. The company has 23 deals on record (23 market trades); the latest was in July 2024. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 10 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madrasfert.co.in.

Company details

CIN L32201TN1966GOI005469
Registration Number 005469
Incorporation Date 08 December 1966
ROC Chennai
Listing Status Listed - Listed on NSE (MADRASFERT); Listed on BSE (590134)
Company Status Active
Compliance Status Active Compliant

CIN history

Madras Fertilizers has one previous CIN (Corporate Identification Number): L32201TN1966PLC005469. The current CIN is L32201TN1966GOI005469, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L32201TN1966GOI005469Current
L32201TN1966PLC005469Previous

Contact details

Madras Fertilizers Limited's registered office is in Chennai, Tamil Nadu. Its website is madrasfert.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Manali, Chennai, Tamil Nadu, India – 600068
  • Industry
    Agriculture, Fertilizers & Soil Enhancers

To see the full contact details of Madras Fertilizers Limited, buy the company report.

Comprehensive company report
Madras Fertilizers Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Madras Fertilizers operates one associated brand: Madras Fertilizers. Each brand links to its own profile.

BrandDescriptionWebsite
Fertilizers are manufactured and supplied by Madras Fertilizers in India.madrasfert.co.in

Business activity

The main business activity of Madras Fertilizers is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Madras Fertilizers Limited, buy the company report.

Financials of Madras Fertilizers Limited

FY 2025-26 filings available

Madras Fertilizers Limited reported revenue of ₹2,300.35 Cr (down 9.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹2,300 Cr
-9.5% YoY
EBITDA
₹102 Cr
-20.0% YoY
Profit After Tax
₹87.01 Cr
+35.4% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,3002,5422,2283,4472,3021,5331,292
Revenue growth-9.5%+14.1%-35.4%+49.7%+50.2%+18.6%-
EBITDA10212747.12332244134(1.82)
EBITDA margin+4.4%+5.0%+2.1%+9.6%+10.6%+8.8%-0.1%
Profit before tax10291.6011.862491662.87(125)
Net profit87.0164.2631.141851653.34(125)
Net profit margin+3.8%+2.5%+1.4%+5.4%+7.2%+0.2%-9.7%
EPS (₹)4.993.960.3411.4310.010.18(7.73)
Balance sheet
Total assets-1,6031,4401,2511,2867241,118
Net worth-(32.30)(190)(287)(505)(695)(730)
Total debt-1,5941,5831,4941,7361,3781,804
Cash & bank-66657539931.8179.79133
Net working capital-915828754821288695
Cash flow
Cash from operations-116175687(317)492104
Cash from investing-26.02(1.10)1.811.54(15.16)(59.67)
Cash from financing-(52.07)18.89(320)265(527)56.17
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue963814699419510672555799
Revenue growth (YoY)+88.6%+21.1%+26.1%-47.6%-4.1%+2.6%--
Other income22.0112.4513.4424.4722.6212.6716.259.38
Total expenses898761672422498607616692
EBITDA65.0852.6027.44(2.87)12.2564.68(61.35)107
EBITDA margin+6.8%+6.5%+3.9%-0.7%+2.4%+9.6%-11.1%+13.4%
Depreciation3.663.623.603.743.103.103.552.69
Interest15.4815.3514.7614.3214.4015.3715.7014.86
Profit before tax67.9546.0822.523.5417.3758.88(64.35)98.54
Tax17.2611.491.631.024.4214.82(11.91)23.91

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue963814699419510672555799
Revenue growth (YoY)+88.6%+21.1%+26.1%-47.6%-4.1%+2.6%--
Other income22.0112.4513.4424.4722.6212.6716.259.38
Total expenses898761672422498607616692
EBITDA65.0852.6027.44(2.87)12.2564.68(61.35)107
EBITDA margin+6.8%+6.5%+3.9%-0.7%+2.4%+9.6%-11.1%+13.4%
Depreciation3.663.623.603.743.103.103.552.69
Interest15.4815.3514.7614.3214.4015.3715.7014.86
Profit before tax67.9546.0822.523.5417.3758.88(64.35)98.54
Tax17.2611.491.631.024.4214.82(11.91)23.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,3002,5422,2283,4472,3021,5331,292
Revenue growth-9.5%+14.1%-35.4%+49.7%+50.2%+18.6%-
Other income73.2043.9650.5814.3131.337.2712.49
Total expenses2,1992,4152,1813,1152,0581,3981,294
Employee cost0.0012710210610310196.80
EBITDA10212747.12332244134(1.82)
EBITDA margin+4.4%+5.0%+2.1%+9.6%+10.6%+8.8%-0.1%
Depreciation13.5411.6210.299.599.4531.1431.57
Interest58.8567.6775.5588.5199.54108104
Profit before tax10291.6011.862491662.87(125)
Tax21.8927.356.3063.333.970.000.00
Net profit87.0164.2631.141851653.34(125)
Net profit margin+3.8%+2.5%+1.4%+5.4%+7.2%+0.2%-9.7%
EPS (₹)4.993.960.3411.4310.010.18(7.73)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-162162162162162162
Reserves & surplus-(194)(352)(449)(668)(857)(892)
Shareholders' funds (net worth)-(32.30)(190)(287)(505)(695)(730)
Secured loans-11015311941395.93589
Unsecured loans-1,4841,4301,3751,3231,2821,215
Total debt-1,5941,5831,4941,7361,3781,804
Total liabilities-1,6031,4401,2511,2867241,118
Assets
Gross block-383365351340330323
Net block-207200192190190217
Capital work in progress-19.8025.4113.4013.7617.783.13
Investments-525455337250203180
Inventories-211206232284247239
Sundry debtors-383321504984273522
Cash & bank balances-66657539931.8179.79133
Loans & advances-200184144122155101
Total current assets-1,4591,2861,2791,421755996
Total current liabilities-544458525599467301
Net working capital-915828754821288695
Total assets-1,6031,4401,2511,2867241,118
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-5623690.0050.001000.07
Net cash from operating activities-116175687(317)492104
Net cash from investing activities-26.02(1.10)1.811.54(15.16)(59.67)
Net cash from financing activities-(52.07)18.89(320)265(527)56.17
Net change in cash-90.17193369(50.01)(50.08)100
Closing cash-66657539931.8179.79133
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-9.5%+14.1%-35.4%+49.7%+50.2%+18.6%-
EBITDA growth-20.0%+169.4%-85.8%+36.3%+81.5%+7485.7%-
PBT growth+11.7%+672.3%-95.2%+49.5%+5695.8%+9998.0%+3.5%
Net income growth+35.4%+106.4%-83.2%+12.5%+4830.5%+102.7%-
Revenue CAGR (3Y)-12.6%+3.4%+13.3%+38.7%+13.0%-2.0%-2.7%
EBITDA CAGR (3Y)-32.7%-19.6%-29.5%--+78.3%-
Profitability & leverage
Net income margin+3.5%+2.5%+0.3%+5.4%+7.1%+0.2%-9.7%
Return on capital employed+12.3%+9.1%+6.7%+16.2%+14.0%+8.2%0.0%
Return on net worth+12.5%+11.2%+6.5%+44.2%+56.2%-1.2%0.0%
Debt / equity21.760.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover66.9158.69205.1327.4142.44104.26-312.55
Efficiency & per share
Fixed asset turnover5.886.796.239.996.874.694.83
Inventory turnover12.1912.1910.1713.378.686.314.97
Debtors turnover5.387.225.404.643.663.864.71
EPS (₹)4.993.960.3411.4310.010.18(7.73)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(1.99)(11.70)(17.71)(31.17)(42.88)(45.00)

To see the full year-wise statements and ratios of Madras Fertilizers Limited, buy the company report.

Board of directors of Madras Fertilizers Limited

Madras Fertilizers has 5 current directors and 68 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samieh KokabiNominee Director10 Feb 20215 Years 9 MonthsCurrent
Mohammad Bagher DakhiliNominee Director18 Feb 20179 Years 8 MonthsCurrent
Babak BagherpourNominee Director23 Oct 20188 Years 0 MonthsCurrent
Amar KushawhaNominee Director24 Jul 20251 Years 3 MonthsCurrent
Manoj Kumar JainManaging Director01 Jul 20242 Years 4 MonthsCurrent

Auditor

Madras Fertilizers Limited is audited by Chandran and Raman for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Chandran and RamanFY 2025000571S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 85.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 14.70%.

Promoters: 85.30%DII (Domestic Institutional): 0.10%Retail & Others: 14.70%
Sep 2026
QUARTER
85.30% Promoters
0.10% DII (Domestic Institutional)
14.70% Retail & Others
Promoter holding - history
Now 85.30% · Sep 2026High 85.30% · Dec 2025Low 85.30% · Dec 2025
84%84.8%85.5%86.3%87%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 85.30%Mar 2026: 85.30%Jun 2026: 85.30%Sep 2026: 85.30%85.30%85.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters85.30%85.30%85.30%85.30%
Public14.70%14.70%14.70%14.70%

Charges & borrowings

Open charges
₹1,386.54 Cr
Satisfied charges
₹266.82 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹747.80 Cr
State Bank of India₹508.93 Cr
Indian Oil Corpn. Limited₹50.00 Cr
State Bank of Patiala₹27.00 Cr
Madras Refineries Ltd.₹20.00 Cr
Others₹32.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Dec 201410546780State Bank of India₹408.8 CrOpen
13 Jan 201410474133State Bank of India₹100 CrOpen
09 Oct 200610022690Indian Oil Corpn. Limited₹50 CrOpen
04 Aug 199990303311Madras Refineries Ltd.₹20 CrOpen
17 Nov 199790303367State Bank O F India₹14.81 CrOpen

To see the full charge records of Madras Fertilizers Limited, buy the company report.

Total charge records: 23 View all charges

Deals & funding

Madras Fertilizers Limited has 23 deals on record (23 market trades); the latest was in July 2024.

Total deals
23
Market trades
23

Deals on record (5 of 23)

To see the full deal history of Madras Fertilizers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Madras Fertilizers Limited was last rated by Care on 31 Dec 2025.

Rating agencyRated onRating
Care31 Dec 2025

To see the full credit ratings and regulatory alerts of Madras Fertilizers Limited, buy the company report.

MSME payment delays

Madras Fertilizers Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
an individual supplier
Totale Global Private Limited
Millennium Instruments Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Madras Fertilizers Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Madras Fertilizers Limited has a workforce of 342 employees on its EPFO records as of May 2026.

Employee count
342
Employee growth
-42.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27342
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Madras Fertilizers Limited, buy the company report.

GST

Madras Fertilizers has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
8
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACM5198E1ZKTamil NaduActive01 Jul 2017
33AAACM5198E2ZJTamil NaduActive19 Feb 2025
29AAACM5198E1Z9KarnatakaActive01 Jul 2017
32AAACM5198E1ZMKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Madras Fertilizers Limited, buy the company report.

Recent activity

Madras Fertilizers Limited has 128 board changes on record since 1997: 69 appointments and 59 cessations. The latest: Amar Kushawha was appointed as Nominee Director on 24 Jul 2025.

Filing
Madras Fertilizers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
AGM
Madras Fertilizers Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Appointed
Amar Kushawha was appointed as Nominee Director.
Ceased
Tina Soni ceased to be Nominee Director.
Appointed
Alok Kumar Agrawal was appointed as Director.
Appointed
Sanjay Shetye was appointed as Director.
Ceased
Jayanthi Ragunathan Chakravarthi ceased to be Director.
Appointed
Srinivasasaravanan Jayaraman was appointed as Company Secretary.
Ceased
Venkatarao Nalabothu ceased to be Director.
Appointed
Manoj Kumar Jain was appointed as Managing Director.
Ceased
Neeraja Adidam ceased to be Managing Director.
Appointed
Neeraja Adidam was appointed as Managing Director.

163 earlier events are in the company report.

Frequently asked questions

Madras Fertilizers is an active public limited union government company based in Chennai, Tamil Nadu, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 08 December 1966 (60+ years old) and is registered under CIN L32201TN1966GOI005469. Listed on BSE: 590134 and NSE: MADRASFERT.

Madras Fertilizers reported revenue of ₹2,300.35 Cr for FY 2025-26 (down 9.5% YoY) based on standalone financials.

Madras Fertilizers has 5 current directors:

The latest financial statements of Madras Fertilizers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Madras Fertilizers is 33AAACM5198E1ZK, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACM5198E2ZJ (Tamil Nadu), 29AAACM5198E1Z9 (Karnataka), 32AAACM5198E1ZM (Kerala).

The CIN (Corporate Identification Number) of Madras Fertilizers is L32201TN1966GOI005469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Madras Fertilizers is a listed company as per MCA records. Its shares are listed on both BSE (code: 590134) and NSE (symbol: MADRASFERT).

Madras Fertilizers has 471 court cases on record: 222 filed by the company and 254 filed against it. 68 are pending. Most are in the high courts.

Madras Fertilizers was incorporated on 08 December 1966, making it 60+ years old. It is registered with the Registrar of Companies, Chennai.

Madras Fertilizers has 23 deals on record (23 market trades); the latest was in July 2024.

Amar Kushawha was appointed as Nominee Director on 24 Jul 2025. Tina Soni ceased to be Nominee Director on 24 Jul 2025. Alok Kumar Agrawal was appointed as Director on 17 Apr 2025. Madras Fertilizers has 128 board changes on record in total.