Rashtriya Chemicals & Fertilizers Ltd (RCF): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 11:00 am

Market Cap	6,893 Cr.
Current Price	125
High / Low	245/111
Stock P/E	27.1
Book Value	83.8
Dividend Yield	0.99 %
ROCE	6.16 %
ROE	4.20 %
Face Value	10.0
PEG Ratio	-3.80

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Rashtriya Chemicals & Fertilizers Ltd (RCF)

Competitors of Rashtriya Chemicals & Fertilizers Ltd (RCF)

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat State Fertilizers & Chemicals Ltd	6,865 Cr.	172	275/158	12.6	337	2.33 %	5.77 %	4.55 %	2.00
Bharat Agri Fert & Realty Ltd	211 Cr.	40.0	118/39.5		9.97	0.12 %	6.14 %	14.8 %	1.00
Basant Agro Tech (India) Ltd	119 Cr.	13.1	24.9/12.1	12.2	19.5	0.38 %	5.65 %	1.30 %	1.00
Zuari Agro Chemicals Ltd	811 Cr.	193	268/151	3.68	422	0.00 %	8.50 %	3.44 %	10.0
Southern Petrochemicals Industries Corporation Ltd (SPIC)	1,665 Cr.	81.7	96.7/64.4	10.4	56.4	1.84 %	17.8 %	14.4 %	10.0
Industry Average	8,884.86 Cr	317.95		41.80	165.70	0.72%	21.99%	10.62%	7.35

All Competitor Stocks of Rashtriya Chemicals & Fertilizers Ltd (RCF)

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	3,699	4,110	4,957	5,576	6,235	4,684	4,043	4,155	4,904	3,880	4,396	4,290	4,518
Expenses	3,472	3,736	4,523	5,171	5,797	4,499	3,914	4,050	4,819	3,687	4,280	4,088	4,339
Operating Profit	227	374	433	405	438	185	129	105	84	193	116	202	179
OPM %	6%	9%	9%	7%	7%	4%	3%	3%	2%	5%	3%	5%	4%
Other Income	41	31	65	26	40	116	58	67	38	44	30	43	43
Interest	27	52	50	59	70	44	39	44	48	52	70	76	53
Depreciation	45	47	45	56	51	59	56	56	56	64	60	62	63
Profit before tax	196	307	403	316	357	197	92	72	17	120	16	106	105
Tax %	27%	24%	26%	17%	31%	19%	26%	29%	35%	21%	34%	26%	24%
Net Profit	143	234	300	262	245	160	68	51	11	95	11	79	80
EPS in Rs	2.59	4.24	5.43	4.75	4.44	2.89	1.23	0.92	0.20	1.73	0.20	1.43	1.45

Last Updated: February 28, 2025, 5:32 pm

Below is a detailed analysis of the quarterly data for Rashtriya Chemicals & Fertilizers Ltd (RCF) based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹4,518.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,290.00 Cr. (Sep 2024) to ₹4,518.00 Cr., marking an increase of ₹228.00 Cr..
For Expenses, as of Dec 2024, the value is ₹4,339.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,088.00 Cr. (Sep 2024) to ₹4,339.00 Cr., marking an increase of ₹251.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹179.00 Cr.. The value appears to be declining and may need further review. It has decreased from 202.00 Cr. (Sep 2024) to ₹179.00 Cr., marking a decrease of 23.00 Cr..
For OPM %, as of Dec 2024, the value is 4.00%. The value appears to be declining and may need further review. It has decreased from 5.00% (Sep 2024) to 4.00%, marking a decrease of 1.00%.
For Other Income, as of Dec 2024, the value is ₹43.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 43.00 Cr..
For Interest, as of Dec 2024, the value is ₹53.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 76.00 Cr. (Sep 2024) to ₹53.00 Cr., marking a decrease of 23.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹63.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 62.00 Cr. (Sep 2024) to ₹63.00 Cr., marking an increase of ₹1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹105.00 Cr.. The value appears to be declining and may need further review. It has decreased from 106.00 Cr. (Sep 2024) to ₹105.00 Cr., marking a decrease of 1.00 Cr..
For Tax %, as of Dec 2024, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2024) to 24.00%, marking a decrease of 2.00%.
For Net Profit, as of Dec 2024, the value is ₹80.00 Cr.. The value appears strong and on an upward trend. It has increased from 79.00 Cr. (Sep 2024) to ₹80.00 Cr., marking an increase of ₹1.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 1.45. The value appears strong and on an upward trend. It has increased from ₹1.43 (Sep 2024) to 1.45, marking an increase of ₹0.02.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:03 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	6,751	6,560	7,694	8,241	7,099	7,255	8,885	9,698	8,281	12,812	21,452	16,981	17,084
Expenses	6,163	5,992	6,840	7,766	6,680	6,986	8,448	9,111	7,527	11,820	19,968	16,461	16,394
Operating Profit	588	568	853	475	419	268	437	586	754	992	1,483	520	689
OPM %	9%	9%	11%	6%	6%	4%	5%	6%	9%	8%	7%	3%	4%
Other Income	93	73	66	81	66	61	104	26	133	263	236	204	159
Interest	134	137	123	147	96	64	157	239	181	130	234	190	252
Depreciation	176	145	263	148	141	137	156	171	175	184	212	233	249
Profit before tax	372	359	533	262	249	128	229	202	530	942	1,273	301	348
Tax %	27%	33%	35%	35%	28%	39%	42%	-3%	28%	25%	24%	25%
Net Profit	273	241	346	169	179	79	133	207	384	702	966	225	265
EPS in Rs	4.95	4.37	6.27	3.06	3.25	1.43	2.41	3.75	6.96	12.73	17.52	4.08	4.81
Dividend Payout %	30%	34%	29%	36%	34%	42%	32%	76%	43%	30%	30%	30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-11.72%	43.57%	-51.16%	5.92%	-55.87%	68.35%	55.64%	85.51%	82.81%	37.61%	-76.71%
Change in YoY Net Profit Growth (%)	0.00%	55.29%	-94.72%	57.07%	-61.78%	124.22%	-12.72%	29.87%	-2.69%	-45.21%	-114.31%

Rashtriya Chemicals & Fertilizers Ltd (RCF) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	10%
5 Years:	14%
3 Years:	27%
TTM:	-4%

Compounded Profit Growth
10 Years:	-2%
5 Years:	10%
3 Years:	-20%
TTM:	30%

Stock Price CAGR
10 Years:	7%
5 Years:	28%
3 Years:	14%
1 Year:	-11%

Return on Equity
10 Years:	10%
5 Years:	12%
3 Years:	14%
Last Year:	4%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:47 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	552	552	552	552	552	552	552	552	552	552	552	552	552
Reserves	1,794	1,938	2,165	2,265	2,373	2,378	2,477	2,627	2,800	3,330	4,038	4,054	4,070
Borrowings	1,770	1,780	2,000	2,997	1,769	1,331	3,462	4,814	2,079	2,979	1,877	3,297	2,762
Other Liabilities	1,749	1,375	1,569	1,858	1,866	2,087	2,452	2,316	2,240	3,698	3,267	3,575	4,621
Total Liabilities	5,864	5,645	6,285	7,672	6,559	6,348	8,942	10,309	7,669	10,558	9,734	11,477	12,005
Fixed Assets	1,476	1,676	1,552	1,507	1,547	1,910	1,950	2,130	2,182	2,134	2,543	2,558	2,611
CWIP	184	77	62	150	107	152	276	433	406	513	211	431	569
Investments	0	0	0	49	45	62	80	256	645	935	994	992	1,179
Other Assets	4,204	3,891	4,672	5,966	4,860	4,223	6,636	7,490	4,437	6,977	5,986	7,497	7,646
Total Assets	5,864	5,645	6,285	7,672	6,559	6,348	8,942	10,309	7,669	10,558	9,734	11,477	12,005

Below is a detailed analysis of the balance sheet data for Rashtriya Chemicals & Fertilizers Ltd (RCF) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹552.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹552.00 Cr..
For Reserves, as of Sep 2024, the value is ₹4,070.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹4,054.00 Cr. (Mar 2024) to ₹4,070.00 Cr., marking an increase of 16.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹2,762.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹3,297.00 Cr. (Mar 2024) to ₹2,762.00 Cr., marking a decrease of 535.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹4,621.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹3,575.00 Cr. (Mar 2024) to ₹4,621.00 Cr., marking an increase of 1,046.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹12,005.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹11,477.00 Cr. (Mar 2024) to ₹12,005.00 Cr., marking an increase of 528.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2,611.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,558.00 Cr. (Mar 2024) to ₹2,611.00 Cr., marking an increase of 53.00 Cr..
For CWIP, as of Sep 2024, the value is ₹569.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹431.00 Cr. (Mar 2024) to ₹569.00 Cr., marking an increase of 138.00 Cr..
For Investments, as of Sep 2024, the value is ₹1,179.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹992.00 Cr. (Mar 2024) to ₹1,179.00 Cr., marking an increase of 187.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹7,646.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹7,497.00 Cr. (Mar 2024) to ₹7,646.00 Cr., marking an increase of 149.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹12,005.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹11,477.00 Cr. (Mar 2024) to ₹12,005.00 Cr., marking an increase of 528.00 Cr..

Notably, the Reserves (₹4,070.00 Cr.) exceed the Borrowings (2,762.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-556	315	212	-633	1,595	1,078	-1,636	-522	5,211	-592	787	-422
Cash from Investing Activity +	225	-82	-201	-259	-180	-496	-310	-531	-610	-379	-316	-464
Cash from Financing Activity +	281	-210	3	811	-1,406	-588	1,945	1,052	-3,131	599	-1,560	1,032
Net Cash Flow	-50	23	14	-82	9	-5	-2	-1	1,470	-372	-1,088	145

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	587.00	567.00	851.00	473.00	418.00	267.00	434.00	582.00	752.00	990.00	0.00	517.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	139	154	156	192	187	144	187	171	64	86	44	76
Inventory Days	131	94	101	122	97	90	139	78	82	138	80	95
Days Payable	80	58	60	63	75	82	106	80	91	137	61	71
Cash Conversion Cycle	190	191	198	251	209	151	220	170	55	87	63	101
Working Capital Days	134	147	150	182	163	126	185	207	52	69	49	81
ROCE %	13%	12%	15%	8%	7%	4%	7%	8%	11%	15%	21%	6%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	1.57%	2.95%	3.07%	2.97%	2.37%	2.27%	2.55%	2.92%	2.58%	2.40%	2.32%	2.26%
DIIs	0.30%	0.30%	0.66%	1.13%	1.17%	0.35%	0.34%	0.35%	0.34%	0.35%	0.29%	0.29%
Public	23.12%	21.75%	21.27%	20.88%	21.46%	22.37%	22.10%	21.74%	22.08%	22.25%	22.39%	22.45%
No. of Shareholders	2,25,807	2,35,519	2,23,087	2,15,649	2,33,573	2,40,878	2,40,298	2,60,182	2,93,160	3,18,133	3,59,401	3,60,280

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Smallcap 250 Index Fund	53,566	0.13	0.69	70	2025-03-11	76422.86%
SBI Nifty Smallcap 250 Index Fund	41,848	0.13	0.54	70	2025-03-11	59682.86%
ICICI Prudential Nifty Smallcap 250 Index Fund	22,086	0.13	0.28	70	2025-03-11	31451.43%
HDFC NIFTY Smallcap 250 ETF	11,273	0.13	0.15	70	2025-03-11	16004.29%
HDFC Nifty Smallcap 250 Index Fund	9,258	0.14	0.12	70	2025-03-11	13125.71%
Motilal Oswal Nifty 500 Index Fund	5,845	0.01	0.08	70	2025-03-11	8250%
Edelweiss Nifty Smallcap 250 Index Fund	2,173	0.13	0.03	70	2025-03-11	3004.29%
ICICI Prudential S&P BSE 500 ETF	1,404	0.01	0.02	70	2025-03-11	1905.71%
HDFC S&P BSE 500 ETF	70	0.01	0	70	2025-03-11	0%
HDFC S&P BSE 500 Index Fund	211	0.01	0	70	2025-03-11	201.43%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.08	17.52	12.73	6.80	3.75
Diluted EPS (Rs.)	4.08	17.52	12.73	6.80	3.75
Cash EPS (Rs.)	8.35	21.38	16.09	9.93	6.87
Book Value[Excl.RevalReserv]/Share (Rs.)	83.48	83.20	70.36	60.42	57.62
Book Value[Incl.RevalReserv]/Share (Rs.)	83.48	83.20	70.36	60.42	57.62
Revenue From Operations / Share (Rs.)	307.81	388.83	232.23	150.10	175.79
PBDIT / Share (Rs.)	12.33	29.30	20.40	15.69	12.90
PBIT / Share (Rs.)	8.10	25.45	17.08	12.53	9.80
PBT / Share (Rs.)	5.50	23.09	17.11	9.36	3.68
Net Profit / Share (Rs.)	4.13	17.53	12.77	6.76	3.77
NP After MI And SOA / Share (Rs.)	4.08	17.52	12.73	6.80	3.75
PBDIT Margin (%)	4.00	7.53	8.78	10.45	7.34
PBIT Margin (%)	2.63	6.54	7.35	8.34	5.57
PBT Margin (%)	1.78	5.93	7.36	6.23	2.09
Net Profit Margin (%)	1.34	4.50	5.49	4.50	2.14
NP After MI And SOA Margin (%)	1.32	4.50	5.48	4.53	2.13
Return on Networth / Equity (%)	4.89	21.05	18.09	11.25	6.51
Return on Capital Employeed (%)	7.28	22.93	17.19	13.65	12.12
Return On Assets (%)	1.96	9.95	6.66	4.92	2.01
Long Term Debt / Equity (X)	0.20	0.22	0.28	0.31	0.18
Total Debt / Equity (X)	0.71	0.40	0.76	0.55	1.47
Asset Turnover Ratio (%)	1.61	2.12	1.41	0.92	1.01
Current Ratio (X)	1.33	1.58	1.34	1.65	1.24
Quick Ratio (X)	0.84	0.85	0.87	1.34	1.08
Inventory Turnover Ratio (X)	2.46	3.60	3.51	3.48	3.11
Dividend Payout Ratio (NP) (%)	90.60	23.40	24.58	59.38	24.72
Dividend Payout Ratio (CP) (%)	44.53	19.19	19.49	40.52	13.54
Earning Retention Ratio (%)	9.40	76.60	75.42	40.62	75.28
Cash Earning Retention Ratio (%)	55.47	80.81	80.51	59.48	86.46
Interest Coverage Ratio (X)	3.70	7.22	8.94	4.82	2.99
Interest Coverage Ratio (Post Tax) (X)	2.02	4.90	5.58	3.05	2.30
Enterprise Value (Cr.)	10000.22	7059.04	6747.10	4617.84	6238.46
EV / Net Operating Revenue (X)	0.58	0.32	0.52	0.55	0.64
EV / EBITDA (X)	14.71	4.37	5.99	5.33	8.76
MarketCap / Net Operating Revenue (X)	0.41	0.24	0.38	0.51	0.16
Retention Ratios (%)	9.39	76.59	75.41	40.61	75.27
Price / BV (X)	1.53	1.15	1.27	1.28	0.49
Price / Net Operating Revenue (X)	0.41	0.24	0.38	0.51	0.16
EarningsYield	0.03	0.18	0.14	0.08	0.13

After reviewing the key financial ratios for Rashtriya Chemicals & Fertilizers Ltd (RCF), here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 4.08. This value is below the healthy minimum of 5. It has decreased from 17.52 (Mar 23) to 4.08, marking a decrease of 13.44.
For Diluted EPS (Rs.), as of Mar 24, the value is 4.08. This value is below the healthy minimum of 5. It has decreased from 17.52 (Mar 23) to 4.08, marking a decrease of 13.44.
For Cash EPS (Rs.), as of Mar 24, the value is 8.35. This value is within the healthy range. It has decreased from 21.38 (Mar 23) to 8.35, marking a decrease of 13.03.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 83.48. It has increased from 83.20 (Mar 23) to 83.48, marking an increase of 0.28.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 83.48. It has increased from 83.20 (Mar 23) to 83.48, marking an increase of 0.28.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 307.81. It has decreased from 388.83 (Mar 23) to 307.81, marking a decrease of 81.02.
For PBDIT / Share (Rs.), as of Mar 24, the value is 12.33. This value is within the healthy range. It has decreased from 29.30 (Mar 23) to 12.33, marking a decrease of 16.97.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.10. This value is within the healthy range. It has decreased from 25.45 (Mar 23) to 8.10, marking a decrease of 17.35.
For PBT / Share (Rs.), as of Mar 24, the value is 5.50. This value is within the healthy range. It has decreased from 23.09 (Mar 23) to 5.50, marking a decrease of 17.59.
For Net Profit / Share (Rs.), as of Mar 24, the value is 4.13. This value is within the healthy range. It has decreased from 17.53 (Mar 23) to 4.13, marking a decrease of 13.40.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 4.08. This value is within the healthy range. It has decreased from 17.52 (Mar 23) to 4.08, marking a decrease of 13.44.
For PBDIT Margin (%), as of Mar 24, the value is 4.00. This value is below the healthy minimum of 10. It has decreased from 7.53 (Mar 23) to 4.00, marking a decrease of 3.53.
For PBIT Margin (%), as of Mar 24, the value is 2.63. This value is below the healthy minimum of 10. It has decreased from 6.54 (Mar 23) to 2.63, marking a decrease of 3.91.
For PBT Margin (%), as of Mar 24, the value is 1.78. This value is below the healthy minimum of 10. It has decreased from 5.93 (Mar 23) to 1.78, marking a decrease of 4.15.
For Net Profit Margin (%), as of Mar 24, the value is 1.34. This value is below the healthy minimum of 5. It has decreased from 4.50 (Mar 23) to 1.34, marking a decrease of 3.16.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 1.32. This value is below the healthy minimum of 8. It has decreased from 4.50 (Mar 23) to 1.32, marking a decrease of 3.18.
For Return on Networth / Equity (%), as of Mar 24, the value is 4.89. This value is below the healthy minimum of 15. It has decreased from 21.05 (Mar 23) to 4.89, marking a decrease of 16.16.
For Return on Capital Employeed (%), as of Mar 24, the value is 7.28. This value is below the healthy minimum of 10. It has decreased from 22.93 (Mar 23) to 7.28, marking a decrease of 15.65.
For Return On Assets (%), as of Mar 24, the value is 1.96. This value is below the healthy minimum of 5. It has decreased from 9.95 (Mar 23) to 1.96, marking a decrease of 7.99.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.20. This value is within the healthy range. It has decreased from 0.22 (Mar 23) to 0.20, marking a decrease of 0.02.
For Total Debt / Equity (X), as of Mar 24, the value is 0.71. This value is within the healthy range. It has increased from 0.40 (Mar 23) to 0.71, marking an increase of 0.31.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.61. It has decreased from 2.12 (Mar 23) to 1.61, marking a decrease of 0.51.
For Current Ratio (X), as of Mar 24, the value is 1.33. This value is below the healthy minimum of 1.5. It has decreased from 1.58 (Mar 23) to 1.33, marking a decrease of 0.25.
For Quick Ratio (X), as of Mar 24, the value is 0.84. This value is below the healthy minimum of 1. It has decreased from 0.85 (Mar 23) to 0.84, marking a decrease of 0.01.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.46. This value is below the healthy minimum of 4. It has decreased from 3.60 (Mar 23) to 2.46, marking a decrease of 1.14.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 90.60. This value exceeds the healthy maximum of 50. It has increased from 23.40 (Mar 23) to 90.60, marking an increase of 67.20.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 44.53. This value is within the healthy range. It has increased from 19.19 (Mar 23) to 44.53, marking an increase of 25.34.
For Earning Retention Ratio (%), as of Mar 24, the value is 9.40. This value is below the healthy minimum of 40. It has decreased from 76.60 (Mar 23) to 9.40, marking a decrease of 67.20.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 55.47. This value is within the healthy range. It has decreased from 80.81 (Mar 23) to 55.47, marking a decrease of 25.34.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.70. This value is within the healthy range. It has decreased from 7.22 (Mar 23) to 3.70, marking a decrease of 3.52.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 3. It has decreased from 4.90 (Mar 23) to 2.02, marking a decrease of 2.88.
For Enterprise Value (Cr.), as of Mar 24, the value is 10,000.22. It has increased from 7,059.04 (Mar 23) to 10,000.22, marking an increase of 2,941.18.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.58. This value is below the healthy minimum of 1. It has increased from 0.32 (Mar 23) to 0.58, marking an increase of 0.26.
For EV / EBITDA (X), as of Mar 24, the value is 14.71. This value is within the healthy range. It has increased from 4.37 (Mar 23) to 14.71, marking an increase of 10.34.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.41. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.41, marking an increase of 0.17.
For Retention Ratios (%), as of Mar 24, the value is 9.39. This value is below the healthy minimum of 30. It has decreased from 76.59 (Mar 23) to 9.39, marking a decrease of 67.20.
For Price / BV (X), as of Mar 24, the value is 1.53. This value is within the healthy range. It has increased from 1.15 (Mar 23) to 1.53, marking an increase of 0.38.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.41. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.41, marking an increase of 0.17.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.18 (Mar 23) to 0.03, marking a decrease of 0.15.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Rashtriya Chemicals & Fertilizers Ltd (RCF) as of March 12, 2025 is: ₹77.06

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Rashtriya Chemicals & Fertilizers Ltd (RCF) is Overvalued by 38.35% compared to the current share price 125.00

Intrinsic Value of Rashtriya Chemicals & Fertilizers Ltd (RCF) as of March 12, 2025 is: 71.57

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Rashtriya Chemicals & Fertilizers Ltd (RCF) is Overvalued by 42.74% compared to the current share price 125.00

Last 5 Year EPS CAGR: -7.12%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (2,793.00 cr) compared to borrowings (2,532.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (10.15 cr) and profit (342.77 cr) over the years.	The stock has a low average ROCE of 10.58%, which may not be favorable. The stock has a high average Working Capital Days of 128.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 157.17, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Rashtriya Chemicals & Fertilizers Ltd (RCF):
1. Net Profit Margin: 1.34%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.28% (Industry Average ROCE: 21.99%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 4.89% (Industry Average ROE: 10.62%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.02
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.84
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 27.1 (Industry average Stock P/E: 41.8)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.71
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Rashtriya Chemicals & Fertilizers Ltd. is a Public Limited Listed company incorporated on 06/03/1978 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24110MH1978GOI020185 and registration number is 020185. Currently Company is involved in the business activities of Manufacture of urea and other organic fertilizers. Company's Total Operating Revenue is Rs. 16981.31 Cr. and Equity Capital is Rs. 551.69 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Fertilisers	Priyadarshini, Eastern Express Highway, Mumbai Maharashtra 400022	investorcommunications@rcfltd.com http://www.rcfltd.com

Management
Name	Position Held
Mr. S C Mudgerikar	Chairman & Managing Director
Mr. Gopinathan Nair Anilkumar	Independent Director
Ms. Nazhat J Shaikh	Director - Finance
Ms. Ritu Goswami	Director - Technical
Ms. Aneeta C Meshram	Government Nominee Director
Dr. Ajay Shanker Singh	Government Nominee Director

FAQ

What is the latest intrinsic value of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The latest intrinsic value of Rashtriya Chemicals & Fertilizers Ltd (RCF) as on 09 March 2025 is ₹77.06, which is 38.35% lower than the current market price of 125.00, indicating the stock is overvalued by 38.35%. The intrinsic value of Rashtriya Chemicals & Fertilizers Ltd (RCF) is calculated using PE ratio method. The stock has a market capitalization of ₹6,893 Cr. and recorded a high/low of ₹245/111 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹4,070 Cr and total liabilities of ₹12,005 Cr.

What is the Market Cap of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The Market Cap of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 6,893 Cr..

What is the current Stock Price of Rashtriya Chemicals & Fertilizers Ltd (RCF) as on 09 March 2025?

The current stock price of Rashtriya Chemicals & Fertilizers Ltd (RCF) as on 09 March 2025 is ₹125.

What is the High / Low of Rashtriya Chemicals & Fertilizers Ltd (RCF) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Rashtriya Chemicals & Fertilizers Ltd (RCF) stocks is ₹245/111.

What is the Stock P/E of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The Stock P/E of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 27.1.

What is the Book Value of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The Book Value of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 83.8.

What is the Dividend Yield of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The Dividend Yield of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 0.99 %.

What is the ROCE of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The ROCE of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 6.16 %.

What is the ROE of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The ROE of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 4.20 %.

What is the Face Value of Rashtriya Chemicals & Fertilizers Ltd (RCF)?

The Face Value of Rashtriya Chemicals & Fertilizers Ltd (RCF) is 10.0.