About Nagarjuna Fertilizers and Chemicals Limited
Nagarjuna Fertilizers and Chemicals Limited (NFCL) is a publicly listed company domiciled in India with its registered office at Nagarjuna Hills, Punjagutta, Hyderabad. The company’s equity shares are listed on the Bombay Stock Exchange (Scrip Code: 539917) and the National Stock Exchange (Symbol: NAGAFERT) in Mumbai. NFCL is primarily engaged in manufacturing and marketing of fertilisers, micro-irrigation equipment, and agri informatic services. Its product lines include urea (manufactured and imported), micro-irrigation systems, specialty fertilisers (water-soluble), micro-nutrients, supplements & OSR, customised fertilisers, and traded bulk products. The company operates domestically with zero export activity reported for the year under review.
Key Milestones of Nagarjuna Fertilizers and Chemicals Limited
- Change of name from Kakinada Fertilizers Limited to Nagarjuna Fertilizers and Chemicals Limited, approved on August 19, 2011.
- Shareholders approved the slump sale of the Ammonia, Urea, and Micro-Irrigation undertakings along with related assets and liabilities at the 17th AGM in September 2023.
- Completion of SARFAESI proceedings with all Property, Plant and Equipment sold by the secured creditor and dues cleared as a result.
- Asset sale by Assets Care & Reconstruction Enterprise (ACRE) to A M Green Ammonia India Private Limited on May 31, 2024, which impacted urea production during the year.
Key Management of Nagarjuna Fertilizers and Chemicals Limited
- Uday Shankar Jha – Chairman
- K. Rahul Raju – Managing Director
- Kapalli Srirama Raju – Chief Financial Officer (January 04, 2025 to April 17, 2025)
- Sreekanth Chanda – Company Secretary & Compliance Officer
Latest Updates on Nagarjuna Fertilizers and Chemicals Limited
- The secured creditor ACRE recovered proceeds totaling Rs 1,885 crore through asset monetisation, as part of full and final settlement against dues of Rs 3,858 crore as of December 10, 2023.
- Completion of SARFAESI sales marked a significant balance sheet clean-up during the year.
- Urea production was curtailed in 2024–25 due to asset sale; Micro-Irrigation plant operated on a limited basis to service residual orders.
- India Ratings & Research maintained ratings of IND D on fund-based and non-fund-based limits; no new credit rating obtained in FY 2024–25.
- Continued listing on BSE and NSE with dematerialized shareholding at 96.73% as of March 31, 2025.
- Management change: Chief Financial Officer Kapalli Srirama Raju’s tenure was from January 04, 2025 to April 17, 2025.