Rashtriya Chemicals & FER
NSE: RCF · Fertilizers · sector
₹94.53NSE close 2026-10-26
Key numbers
Market cap₹5,215 cr
Price₹94.53
52w high / low₹157 / ₹95
P/E11.7xSector median 7.9x
P/B1.0xSector median 0.9x
Book value₹92.8
Dividend yield2.46%Sector median 1.02%
ROE9.1%Sector median 11.1%
ROCE10.3%Sector median 9.9%
OPM5.6%Sector median 8.8%
Debt / equity0.80xSector median 0.32x
EV/EBITDA8.8xSector median 6.8x
Interest cover3.1x
Current ratio1.17x
Sales growth 3y-4.8%Sector median -0.8%
Profit growth 3y-23.8%Sector median +1.5%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 20 companies in Fertilizers (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹153 cr vs borrowings ₹4,113 cr (FY26): borrowings are higher by ₹3,961 cr.
- Operating profit covered interest 3.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 46% of net profit in the last 12 months.
- Debtor days went from 76 (FY24) to 93 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹94.53 on 2026-10-26: -39.9% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹187.63 · low ₹94.53
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,290 | 4,518 | 3,730 | 3,371 | 5,293 | 4,236 | 5,581 | 3,586 |
| EBITDA | 202 | 179 | 183 | 158 | 214 | 245 | 369 | 220 |
| OPM % | 4.7% | 4.0% | 4.9% | 4.7% | 4.0% | 5.8% | 6.6% | 6.1% |
| Other income | 43 | 42 | 50 | 39 | 51 | 52 | 68 | 35 |
| Net profit | 79 | 80 | 72 | 54 | 105 | 81 | 187 | 74 |
| EPS (₹) | 1.43 | 1.45 | 1.32 | 0.99 | 1.91 | 1.47 | 3.38 | 1.33 |
| Revenue YoY | +23.4% | -6.2% | +49.6% | +6.4% | ||||
| Profit YoY | +33.4% | +0.9% | +157.7% | +35.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 12,812 | 21,452 | 16,981 | 16,934 | 18,480 | 18,695 |
| EBITDA | 1,086 | 1,567 | 555 | 679 | 986 | 1,048 |
| Net profit | 681 | 966 | 225 | 242 | 427 | 447 |
| EPS (₹) | 12.34 | 17.52 | 4.08 | 4.39 | 7.75 | 8.09 |
| Revenue growth | +67.4% | -20.8% | -0.3% | +9.1% | +17.5% | |
| Profit growth | +41.9% | -76.7% | +7.6% | +76.3% | +56.1% | |
| Dividend / share (₹) | 3.13 | 4.10 | 3.70 | 1.24 | 2.32 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.8% | +17.4% | +17.5% |
| Net profit | -23.8% | +2.6% | +56.1% |
| EPS | -23.8% | +2.6% | – |
| Share price | – | -23.1% (2y) | -33.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 4,590 | 4,606 | 4,745 | 5,121 |
| Borrowings | – | 1,863 | 3,283 | 2,752 | 4,113 |
| Cash & equivalents | – | 65 | 353 | 1,036 | 153 |
| Total assets | – | 9,705 | 11,456 | 11,267 | 16,701 |
| Fixed assets | – | 2,537 | 2,553 | 2,901 | 3,285 |
| Capital work in progress | – | 211 | 431 | 579 | 810 |
| Investments | – | 994 | 992 | 1,095 | 287 |
| Receivables | – | 2,609 | 3,550 | 3,101 | 4,690 |
| Inventory | – | 2,585 | 2,582 | 1,586 | 1,597 |
| Payables | – | 2,011 | 1,936 | 2,217 | 1,555 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -590 | 787 | -422 | 2,364 | -471 |
| Cash from investing | -382 | -316 | -464 | -681 | -1,299 |
| Cash from financing | 600 | -1,560 | 1,032 | -853 | 908 |
| Capex | 137 | 385 | 482 | 827 | 1,076 |
| Free cash flow | -727 | 402 | -905 | 1,536 | -1,547 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.1% | 4.9% | 5.1% | 8.3% |
| ROCE % | – | 23.2% | 6.2% | 7.8% | 9.8% |
| Debtor days | – | 44 | 76 | 67 | 93 |
| Inventory days | – | 78 | 93 | 56 | 51 |
| Payable days | – | 60 | 70 | 79 | 50 |
| Cash conversion cycle (days) | – | 62 | 99 | 44 | 94 |
| Working capital days | – | 35 | 37 | 27 | 30 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 75.00% |
| FIIs | 1.40% |
| DIIs | 0.32% |
| of which Mutual funds | 0.07% |
| of which Insurance | 0.24% |
| Public (non-institutions) | 23.28% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Promoter group | % |
|---|---|
| President of India | 75.00% |
3,29,407 shareholders. Pledged: 0.00% of promoter shares.
Peers in Fertilizers
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| COROMANDEL | ₹51,053 cr | 27.8x | 4.1x | 15.5% | 21.0% | 9.6% | +2.0% | 1.04% |
| FACT | ₹43,655 cr | – | 32.3x | -7.8% | 2.6% | 0.3% | -2.6% | 0.06% |
| CHAMBLFERT | ₹14,447 cr | 7.5x | 1.4x | 20.1% | 22.0% | 13.8% | -9.2% | 2.77% |
| PARADEEP | ₹14,315 cr | 13.3x | 2.1x | 19.8% | 14.5% | 9.7% | +17.8% | 0.69% |
| GSFC | ₹5,394 cr | 7.8x | 0.4x | 5.7% | 7.2% | 6.7% | -1.3% | 3.69% |
| RCF | ₹5,215 cr | 11.7x | 1.0x | 9.1% | 10.3% | 5.6% | -4.8% | 2.46% |
| NFL | ₹2,803 cr | 7.7x | 1.0x | 13.1% | 9.6% | 4.5% | -10.1% | 2.73% |
| SPIC | ₹1,120 cr | 5.5x | 0.8x | 16.0% | 12.8% | 8.8% | +1.5% | 3.56% |
| MADRASFERT | ₹827 cr | 11.6x | 9.0x | 237.8% | 20.4% | 3.7% | -12.6% | – |
| ZUARI | ₹802 cr | 0.8x | 0.4x | 47.6% | 37.2% | 40.5% | -11.1% | 1.02% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Fertilizers | ₹10,912 cr | 59.0% | ₹308 cr | 2.8% |
| Trading | ₹5,926 cr | 32.1% | ₹240 cr | 4.0% |
| Industrial Chemicals | ₹1,627 cr | 8.8% | ₹315 cr | 19.3% |
| Unallocated | ₹15 cr | 0.1% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Rs 1.34 Per Share |
| 2026-02-20 | Dividend | Interim Dividend - Re 1 Per Sh |
| 2025-10-10 | Dividend | Dividend - Rs 1.32 Per Share |
| 2024-09-23 | Dividend | Dividend - Rs 1.24 Per Share |
| 2024-09-23 | Other | Annual General Meeting |
| 2023-12-13 | Other | Annual General Meeting |
| 2023-12-13 | Dividend | Dividend - Rs 3.70 Per Share |
| 2022-12-15 | Dividend | Interim Dividend - Rs 1.60 Per Share |
| 2022-12-15 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2021-11-24 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2021-10-20 | Dividend | Dividend - Rs 1.78 Per Share |
| 2021-10-20 | Other | Annual General Meeting |
| 2021-02-17 | Dividend | Interim Dividend - Rs 1.20 Per Share |
| 2020-12-22 | Dividend | Annual General Meeting/Dividend - Rs 2.84 Per Share |
| 2019-09-16 | Dividend | Annual General Meeting/Dividend - Rs 0.77 Per Share |
| 2018-09-18 | Dividend | Annual General Meeting/Dividend Re 0.60 Per Share |
| 2017-09-13 | Dividend | Annual General Meeting/Dividend - Rs 1.10 Per Share |
| 2016-09-15 | Dividend | Annual General Meetingdividend - Rs 1.10 Per Share |
| 2015-08-19 | Dividend | Annual General Meeting / Dividend - Rs 1.80/- Per Share |
| 2014-09-11 | Dividend | Annual General Meeting / Final Dividend - Rs 1.50/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing and Marketing of Fertilizers and chemicals: Manufacturing and sale of fertilizers & industrial chemicals
| Sector | Commodities |
| Industry | Fertilizers |
| Sub-industry | Fertilizers |
| Symbol | RCF |
| BSE code | 524230 |
| ISIN | INE027A01015 |
| Face value | ₹10.0 |
| Incorporated | 1978-03-06 |
| Website | www.rcfltd.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.