Madras Fertilizers Ltd's earnings have grown by 0%, whereas share price has appreciated 17.1% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Data is not available for this company
Data is not available for this company.
Madras Fertilizers (MFL) has business interest in manufacturing ammonia, urea, complex fertilizers and bio fertilizers and trading in agrochemicals. Incorporated in 1966, the company was a joint venture between the Government of India (GoI) and AMOCO India. In 1971 the company commenced its plant production.
Currently GoI holds 59.50% in equity and National Iranian Oil Company (NIOC) holds 25.77%.
MFL has received ISO-9001-2000 and ISO-14001-2004 certifications for its quality
MFL has received ISO-9001-2000 and ISO-14001-2004 certifications for its quality management. The company has 11 strategic centers in 5 southern states, viz, Andhra Pradesh, Karnataka, Tamilnadu, Kerala and Pondicherry. It has dealer network of 6500 outlets.
The company is engaged in manufacturing of chemical fertilizers such as urea, MOP and DAP, bio fertilizers such as azospirillum, rhizobium, phospho bacteria and NP Bio; and neem-based agro chemicals.
The company markets these products under the brand name Vijay.
MFL received award from Fertilizer Association of India for â€œOutstanding performance in Production of Phosphatic Fertilizersâ€.
It was awarded Jawaharlal Nehru Memorial National Award for â€œEffective Implementation of Pollution Controlâ€.
The company received the J N Best Energy Conservation Implementation Gold Award.
MFL plans to restart its NPK (nitrogen-phosphorus-potassium) unit and is looking out for funds for purchasing required raw materials for the plant.
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