Integrated Filing — IndAS



General information about company
Scrip Code 523630
NSE Symbol NFL
MSEI Symbol NOTLISTED
ISIN INE870D01012
Name of company NATIONAL FERTILIZERS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-May-2025   15:30:00
End date and time of board meeting 30-May-2025   16:24:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-02-14
Indicate Company website link for updated RPT policy of the Company https://www.nationalfertilizers.com/wp-content/uploads/2023/01/Policy-on-Related-Party-Transaction.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 44565100000 197945000000
Other income 249700000 950200000
Total income 44814800000 198895200000
2 Expenses
(a) Cost of materials consumed 15559500000 72362900000
(b) Purchases of stock-in-trade 8986000000 42605700000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -237500000 8626100000
(d) Employee benefit expense 1442000000 6100000000
(e) Finance costs 347100000 2256800000
(f) Depreciation, depletion and amortisation expense 947000000 3730000000
(f) Other Expenses
1 Power & Fuel 12971700000 48722400000
2 Other expenses 3500200000 13450500000
Total other expenses 16471900000 62172900000
Total expenses 43516000000 197854400000
3 Total profit before exceptional items and tax 1298800000 1040800000
4 Exceptional items 0 0
5 Total profit before tax 1298800000 1040800000
6 Tax expense
7 Current tax 201100000 190900000
8 Deferred tax 124400000 87300000
9 Total tax expenses 325500000 278200000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 973300000 762600000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 973300000 762600000
17 Other comprehensive income net of taxes -25500000 -1300000
18 Total Comprehensive Income for the period 947800000 761300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 4905800000 4905800000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 22733900000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.98 1.55
Diluted earnings (loss) per share from continuing operations 1.98 1.55
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.98 1.55
Diluted earnings (loss) per share from continuing and discontinued operations 1.98 1.55
24 Debt equity ratio 0.0072 0.0072
25 Debt service coverage ratio 0.0517 0.0214
26 Interest service coverage ratio 0.061 0.0226
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 36453000000
Capital work-in-progress 1715300000
Investment property 8500000
Goodwill 0
Other intangible assets 476700000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 4914800000
Trade receivables, non-current
Loans, non-current 60200000
Other non-current financial assets 308700000
Total non-current financial assets 5283700000
Deferred tax assets (net)
Other non-current assets 227200000
Total non-current assets 44164400000
2 Current assets
Inventories 9105300000
Current financial asset
Current investments 0
Trade receivables, current 32733000000
Cash and cash equivalents 178100000
Bank balance other than cash and cash equivalents 149700000
Loans, current 102300000
Other current financial assets 1093200000
Total current financial assets 34256300000
Current tax assets (net)
Other current assets 6051300000
Total current assets 49412900000
3 Non-current assets classified as held for sale 13000000
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 93590300000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4905800000
Other equity 22733900000
Total equity attributable to owners of parent 27639700000
Non controlling interest
Total equity 27639700000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 219600000
Total non-current financial liabilities 219600000
Provisions, non-current 2128100000
Deferred tax liabilities (net) 835500000
Deferred government grants, Non-current 13628000000
Other non-current liabilities 50700000
Total non-current liabilities 16861900000
Current liabilities
Current financial liabilities
Borrowings, current 19957700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 293000000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 15079700000
Total Trade payable 15372700000
Other current financial liabilities 8433500000
Total current financial liabilities 43763900000
Other current liabilities 1746200000
Provisions, current 1478800000
Current tax liabilities (Net) 180100000
Deferred government grants, Current 1919700000
Total current liabilities 49088700000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 65950600000
Total equity and liabilites 93590300000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufactured Fertilizers 32010000000 134331600000
2 Manufactured Chemicals 1536500000 5860200000
3 Traded Imported Fertilizers (Under NBS) 7650800000 45307000000
4 OthersDomesticTradedProductAgroInputsSaleServices 3780600000 13958700000
5 Elimination -412800000 -1512500000
Total Segment Revenue 44565100000 197945000000
Less: Inter segment revenue
Revenue from operations 44565100000 197945000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufactured Fertilizers 864700000 933000000
2 Manufactured Chemicals 349300000 1408500000
3 Traded Imported Fertilizers (Under NBS) 147300000 419700000
4 OthersDomesticTradedProductAgroInputsSaleServices 507300000 1261200000
5 Elimination 0 0
Total Profit before tax 1868600000 4022400000
i. Finance cost 347100000 347100000
ii. Other Unallocable Expenditure net off Unallocable income 222700000 222700000
Profit before tax 1298800000 1040800000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufactured Fertilizers 66703400000 66703400000
2 Manufactured Chemicals 1257900000 1257900000
3 Traded Imported Fertilizers (Under NBS) 13625300000 13625300000
4 OthersDomesticTradedProductAgroInputsSaleServices 729400000 729400000
5 Elimination 0 0
Total Segment Asset 82316000000 82316000000
Un-allocable Assets 11274300000 11274300000
Net Segment Asset 93590300000 93590300000
4 Segment Liabilities
Segment Liabilities
1 Manufactured Fertilizers 39857400000 39857400000
2 Manufactured Chemicals 311600000 311600000
3 Traded Imported Fertilizers (Under NBS) 2893700000 2893700000
4 OthersDomesticTradedProductAgroInputsSaleServices 429700000 429700000
5 Elimination 0 0
Total Segment Liabilities 43492400000 43492400000
Un-allocable Liabilities 22458200000 22458200000
Net Segment Liabilities 65950600000 65950600000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -34100000 -1800000
Total Amount of items that will not be reclassified to profit and loss -34100000 -1800000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
1 Income tax relating to items that will not be reclassified to profit or loss 8600000 500000
Total Amount of items that will be reclassified to profit and loss 8600000 500000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -25500000 -1300000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1040800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2256800000
Adjustments for decrease (increase) in inventories 8337100000
Adjustments for decrease (increase) in trade receivables, current 8481300000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 2290800000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1804400000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 21300000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 126100000
Adjustments for dividend income 0
Adjustments for interest income 78700000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -153200000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 42500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 23128400000
Net cash flows from (used in) operations 24169200000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -653800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 24823000000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 321500000
Purchase of property, plant and equipment 2040300000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 120800000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -1598000000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 20925600000
Payments of lease liabilities 21100000
Dividends paid 132500000
Interest paid 2261300000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -23340500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -115500000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -115500000
Cash and cash equivalents cash flow statement at beginning of period 293600000
Cash and cash equivalents cash flow statement at end of period 178100000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Dhawan & Co Yes 31-May-2025
2 M/s RSPH & ASSOCIATES Yes 31-Dec-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 NATIONAL FERTILIZERS LIMITED RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITED JOINT VENTURE Sale of fixed assets 0 CONTRACTUAL APPROVED 0 25000 24000
2 NATIONAL FERTILIZERS LIMITED RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITED JOINT VENTURE Sale of goods or services 4419000 CONTRACTUAL APPROVED 4419000 4689000 9029000
3 NATIONAL FERTILIZERS LIMITED RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITED JOINT VENTURE Purchase of goods or services 31693000 CONTRACTUAL APPROVED 31693000 12864000 26331000
4 NATIONAL FERTILIZERS LIMITED RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITED JOINT VENTURE Any other transaction DEPUTATION 407000 CONTRACTUAL APPROVED 407000 1580000 238000
Total value of transaction during the reporting period 36519000