Top Fertilizer Companies in India & Best Stocks That You Can Invest In
Investing in Fertilizer stocks can be very profitable for you and in this article we have listed for you the best fertilizer companies in India whose stocks can pay the best returns.
Agriculture is the mainstay of Indian economy. Given that, 58% of India’s Population depends on it for their main source of livelihood, Agriculture Inputs industry such as fertilizers’ is incredibly essential. It produces the most important raw materials required for agriculture production.
The Fertilizers Industry is particularly flourishing due to the increased & indiscriminate usage of fertilizers for better yields & feeding the ever-increasing population of India.
Moreover, all of us are awaiting Union Budget 2022-23 and it is expected that the government will allocate $19 billion to compensate fertilizer companies who sell their products at lower than market prices to farmers. Due to these reasons, Investing in Fertilizer stocks can be very profitable for you
Best Fertilizer Stocks in India:
In this article, we have listed for you the best fertilizer companies in India whose stocks can pay the best returns.
Chambal Fertilizers and Chemicals
Chambal Fertilizers and Chemicals is a urea and di-ammonium phosphate producer (DAP). With a capacity of 1.5 million tons per year, it is the largest urea producer in the private sector (MTPA).
Fertilizers and other agricultural inputs, own-manufactured phosphoric acid, textiles, shipping, and other businesses are among the company's segments.
It was also involved in the software industry. However, in 2021, the company sold assets and transferred significant obligations in order to terminate software activities. The company has a nationwide distribution network of 3,700 dealers and 50,000 merchants.
J&K, Haryana, Uttarakhand, Punjab, Uttar Pradesh, Bihar, West Bengal, Madhya Pradesh, Rajasthan, and others are among the states where it operates. It has access to 90% of the total fertilizer market in the country.
Coromandel International:
The Murugappa Group owns Coromandel International. Auto components, abrasives, financial services, transmission systems, cycles, sugars, farm inputs, fertilizers, plantations, and other industries are all represented by the company.
The organization is a top agri-solutions provider in India. Across the farming value chain, it offers a varied range of products and services. Fertilizers, crop protein, bio-pesticides, specialty nutrients, organic fertilizers, and other products are among its specialties. The company sells its products through a network of 20,000 dealers and has a market development team of over 2,000 people.
It has 16 manufacturing sites in Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, and other states across India. Because of expected increase in the Rabi season, the company's profitability prospects appear to be good.
Rama Phosphates (RPL)
Rama Phosphates (RPL) is a leading phosphatic fertilizer manufacturer in India, specializing in single super phosphate (SSP) fertilizers.
The company also produces Oleum, Nitrogen, Phosphorous, And Potassium (NPK), de-oiled cake, and Soya oil. 'Suryaphool' and 'Girnar,' are the company's hallmark brands & are well-known among farmers. Rama Phosphates' net profit increased by 101.1 percent to 227.2 million in the third quarter of 2021, compared to 113 million in the previous quarter of 2020. Higher operational revenue contributed to the company's strong performance.
Dharamsi Morarji Chemical Company
Dharamsi Morarji Chemical Company manufactures bulk and specialized chemicals for sectors such as medicines, detergents, and dyes, among others. This smallcap company was one of the first in India to generate sulphuric acid and phosphate fertilizers.
It is a multi-product, multi-locational corporation that has grown to become India's largest producer of SSP as well as a major producer of heavy chemicals. It has two manufacturing plants, one in Roha and the other in Dahej. Alkyl Amines, IPCA, Apcotex, Aurobindo, Dow, Deepak Nitrite, Pidilite, and others are among the company's important clients.
Deepak Fertilisers and Petrochemicals
Deepak Fertilisers and Petrochemicals (DFPCL) is an Indian chemical, crop nutrition, and fertilizer business. It also has real estate holdings. Since 1990, the company has marketed fertilizers under the 'Mahadhan' brand.
Deepak Fertilizers is one of India's leading chemical manufacturers. Technical ammonium nitrate (mine chemicals), industrial chemicals, and crop nutrition are all manufactured by the company. Explosives, mining, infrastructure, and healthcare all employ these items.
Odisha's Chief Minister Naveen Patnaik recently lay the foundation stone for a 22 billion technological ammonium nitrate complex, according to Deepak Fertilisers' Smartchem Technologies, a wholly-owned subsidiary. The project, which will be built in the Gopalpur Industrial Park, would have a 377-kilo tonne annual capacity and will be operational by August 2024.
Note: This list is not ranked. It is only for informational purposes and not a stock recommendation.
Download Krishi Jagran Mobile App for more updates on the Latest Agriculture News, Agriculture Quiz, Crop Calendar, Jobs in Agriculture, and more.