Fertilizer Stocks: India’s fertilizer industry has witnessed consistent growth over the past two decades, mirroring the steady rise in demand for fertilizers. The fiscal year 2022 exemplified this trend, with the industry maintaining a robust compound annual growth rate of 5.89%. This achievement is particularly noteworthy considering the specialized nature of the sector. Central to this growth are the major fertilizer companies, diligently meeting the escalating demand year after year
Top 10 Largest Fertilizer Companies in India
1. Coromandel International Limited
Established in the 1960s through a collaboration between IMC, Chevron Companies, and EID Parry, Coromandel International Limited has evolved into a prominent player in India’s agricultural domain. Based in Hyderabad, the company specializes in manufacturing fertilizers, pesticides, and specialized nutrients. Through its Mana Gromor Centers in Andhra Pradesh, Karnataka, and Maharashtra, Coromandel offers essential farm services, including crop advice, soil testing, and provision of farm tools.
- Revenue: INR 29,628 crores
- Market Cap: INR 330.12 billion
- Number Of Employees: 73,000+
With an extensive retail network comprising approximately 800 outlets, Coromandel directly impacts around 3 million farmers, solidifying its position as India’s second-largest phosphatic fertilizer manufacturer and distributor.
2. Chambal Fertilisers
Founded in 1985 by the KK Birla Group, Chambal Fertilisers and Chemicals Ltd (CFCL) stands as India’s leading private sector urea producer, boasting an impressive annual production capacity of 1.5 million tonnes. Besides urea, CFCL engages in trading various farm inputs and diversifying into sectors such as software, spinning, and miniature potato seeds. With three urea plants located in Gadepan and Kota, CFCL is poised for further expansion with the construction of a technical ammonium nitrate (TAN) plant, slated for completion by October 2025.
- Revenue: INR 27,940 crores
- Market Cap: INR 127.57 billion
3. National Fertilizers Ltd
National Fertilizers Limited (NFL), established in 1974 under the Ministry of Chemicals and Fertilizers, emerges as a significant government-owned urea fertilizer producer. Operating five gas-based ammonia-urea plants across multiple locations, NFL has upgraded its facilities to run on natural gas, enhancing efficiency and environmental sustainability.
- Revenue: INR 15,891.42 crores
- Market Cap: INR 34.24 billion
- Number Of Employees: 3,333+
4. Rashtriya Chemicals & Fertilizers
Rashtriya Chemicals & Fertilizers (RCF), founded in 1978, has emerged as one of India’s top four fertilizer manufacturers. With two major units located in Mumbai and Thal, RCF produces a diverse range of fertilizers and industrial chemicals, contributing significantly to the agricultural and industrial sectors.
- Revenue: INR 12,812.17 crores
- Market Cap: INR 68.80 billion
- Number Of Employees: 2,556+
5. Tata Chemicals Limited
Tata Chemicals, established in 1939, has grown into a formidable entity within the fertilizer and chemical landscape. As part of the renowned Tata Group, Tata Chemicals engages in the production of fertilizers, chemicals, and soda ash, with a global footprint spanning the UK, the US, and Gabon.
- Revenue: INR 17,007 crores
- Market Cap: INR 245.98 billion
- Number Of Employees: 1,001 to 5,000
6. Gujarat Narmada Valley Fertilizers & Chemicals Limited
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), operational since 1976, has established itself as a key player in Gujarat’s fertilizer industry. Despite encountering challenges, GNFC remains financially robust, exemplified by its recent share buyback initiative.
- Revenue: INR 1.55 trillion
- Market Cap: INR 110.00 billion
- Number Of Employees: 1,001 to 5,000
7. Deepak Fertilisers and Petrochemicals Corporation Limited
Founded in 1979, Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has diversified its portfolio to include nitric acid, ammonium nitrate, methanol, and technical ammonium nitrate, catering to diverse industrial needs.
- Revenue: INR 11,300 crores
- Market Cap: INR 76.95 billion
- Number Of Employees: 1,226+
8. Fertilizers And Chemicals Travancore Limited
Established in 1943, Fertilizers and Chemicals Travancore Limited (FACT) holds the distinction of being India’s first post-independence fertilizer producer. Based in Kochi, FACT has transitioned its operations over the years to adapt to changing market dynamics, offering a diverse range of products including gypsum and soda ash.
- Revenue: INR 1.15 trillion
- Market Cap: INR 465.31 billion
- Number Of Employees: 1,656
9. Indian Farmers Fertiliser Cooperative Limited
Indian Farmers Fertiliser Cooperative Limited (IFFCO), established in 1967, stands as the world’s largest cooperative by turnover. With a wide network spanning thousands of member cooperatives and millions of farmers, IFFCO plays a pivotal role in India’s fertilizer market.
- Revenue: INR 27,837 crores
- Market Cap: INR 205.6 billion
- Number Of Employees: 978+
10. Mangalore Chemicals & Fertilizers Ltd
Since 1974, Mangalore Chemicals & Fertilizers Ltd (MCF) has been a significant player in Karnataka’s fertilizer and chemical sector. Despite encountering operational challenges, MCF remains resilient, underlining its importance in India’s agricultural landscape.
- Revenue: INR 978.62 crores
- Market Cap: INR 13.46 billion
In conclusion Fertilizer Stocks, India’s fertilizer industry is bolstered by these top companies, each playing a vital role in sustaining agricultural growth and meeting the nation’s fertilizer demands. Whether you’re a farmer seeking reliable inputs or an investor eyeing lucrative opportunities, these companies continue to shape India’s agricultural landscape.
