TickerSutra

NSE: RCF · BSE: 524230 · ISIN INE027A01015

Rashtriya Chemicals and Fertilizers Limited stock analysis

Rashtriya Chemicals and Fertilizers Limited ranks #4815 in the TickerSutra evidence-ranked universe with a score of 30/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.4%, quarterly sales growth of 6.4% and quarterly profit growth of 35.1%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE30/100

Avoid / exit review

#4815 of 5,430 ranked equities
Market capitalisation₹6,282.09cr
ROCE10.4%
Quarterly sales growth6.4%
Quarterly profit growth35.1%
P/E ratio15.1×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹12,812cr₹992cr₹702cr8.0%
2023₹21,452cr₹1,483cr₹966cr7.0%
2024₹16,981cr₹520cr₹225cr3.1%
2025₹16,934cr₹681cr₹242cr4.0%
2026₹18,480cr₹956cr₹427cr5.0%
TTM₹18,695cr₹1,000cr₹447cr5.0%
Debt / equity0.81×
CFO / EBITDA-0.49×
Operating margin5.0%
Free cash flow₹-1,545cr
Sales CAGR · 3Y-4.8%
Profit CAGR · 3Y-23.8%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts16 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Margin expansionHigh severity · 2 mentions
Positive catalyst

Profit Before Tax (PBT) for the year stood at ` 611.76 crore as against ` 327.50 crore in the previous year, reflecting a significant increase of 86.80%. The improvement was primarily driven by higher margins in Suphala 15:15:15, improved operational efficiencies in Urea operations at the Trombay and Thal Units, a better product mix and improved realisations from traded fertilisers, along with additional compensation

Raw material inflationHigh severity · 1 mention
Risk easing

Going forward, movements in international prices of natural gas, ammonia, phosphoric acid, sulphur, and other key inputs are expected to significantly influence the cost structure and profitability of fertiliser manufacturers, particularly producers of complex fertilisers and NPK grades. For urea manufacturers, higher input costs may also lead to an increase in subsidy requirements under the prevailing regulated pric

Regulatory updatesLow severity · 30 mentions
Watch

RCF also has HSE Management Plan, Process Safety & Risk Management, Emer- gency Mitigation System. Negative 3 GHG Emissions & Climate Change Risk Growing importance on climate change concerns by Regulators and Stakeholders requires integration of energy transition initiatives into business. Increasing regulato- ry requirements may lead to increase in operational costs and also has a potential to cause reputational da

Regulatory approvalLow severity · 7 mentions
Watch

(Yes/No) Yes Yes Yes Yes Yes Yes Yes Yes Yes b. Has the policy been approved by the Board? (Yes/No) Yes Yes Yes Yes Yes Yes Yes Yes Yes c.

Export market updatesLow severity · 2 mentions
Watch

EXPORTS Considering the indigenous demand, the scope for export is very limited. However, the Company successfully popularized its Ammonium Bicarbonate (ABC) in the overseas market through third party export. During financial year 2025-26, the Company has done third party export of 96 MT Ammonium Bicarbonate (ABC) under “MRUDULA” brand to the tune of ` 18.28 lakh Further, during the year, the Company exported 1476 MT

Institutional interestLow severity · 3 mentions
Watch

The facility of participation at the AGM through VC/OAVM will be made available to at least 1,000 Members on a first come first served basis. This will not include large shareholders (shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committ

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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