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Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT)

📊 NSE: NAGAFERT 🏢 Fertilizers 📅 Last Updated: 12/14/2025 10:12

📢 Recent Corporate Announcements

Q1 FY27 Net Loss at Rs 5.56 Cr; Revenue from Operations Remains Nil

🔴 NEGATIVE ⭐ 5/10

EARNINGS 📅 30 Aug 2026, 02:03 PM

Nagarjuna Fertilizers and Chemicals reported a net loss of Rs 5.56 Cr (Rs 556.44 Lakhs) for the quarter ended June 30, 2026, compared to a net loss of Rs 6.26 Cr in Q1 FY26. Revenue from operations remained at Nil following the earlier sale of its core Urea and Micro Irrigation business assets. Total income was Rs 0.60 Cr (Rs 60.02 Lakhs), derived entirely from other income. Total expenses stood at Rs 6.16 Cr, driven by Rs 3.55 Cr in other expenses, Rs 1.38 Cr in employee benefits, and Rs 1.24 Cr in finance costs.

Revenue from operations was Rs Nil for Q1 ended June 30, 2026
Net loss stood at Rs 5.56 Cr (Rs 556.44 Lakhs) vs a loss of Rs 6.26 Cr in Q1 FY26
Total income was Rs 0.60 Cr (Rs 60.02 Lakhs), consisting entirely of Other Income
Total expenses stood at Rs 6.16 Cr (Rs 616.47 Lakhs)
Basic and diluted EPS for the quarter was Rs -0.09

💡 Track management announcements regarding the identification or launch of any new business operations to utilize the corporate entity.

Nagarjuna Fertilizers Q1 Net Loss at ₹5.56 Cr with Zero Operating Revenue

🔴 NEGATIVE ⭐ 5/10

EARNINGS 📅 30 Aug 2026, 01:58 PM

Nagarjuna Fertilizers and Chemicals reported standalone and consolidated net loss of ₹5.56 Cr (₹556.44 Lakhs) for the quarter ended June 30, 2026, compared to a net loss of ₹6.26 Cr (₹625.79 Lakhs) in the corresponding quarter last year. Revenue from operations remained at zero following the complete divestment of its core Urea and Micro Irrigation assets. Total income stood at ₹0.60 Cr (₹60.02 Lakhs), primarily from other income, while total expenses were ₹6.16 Cr (₹616.47 Lakhs). Basic and diluted EPS for the quarter was ₹-0.09.

Zero revenue from operations reported for Q1 ended June 30, 2026
Net loss from discontinued operations stood at ₹5.56 Cr (₹556.44 Lakhs)
Total expenses incurred during the quarter were ₹6.16 Cr (₹616.47 Lakhs)
Other income contributed ₹0.60 Cr (₹60.02 Lakhs) to total income
Paid-up equity share capital remained at ₹59.81 Cr (₹5,980.65 Lakhs)

💡 Track management commentary on new business initiatives or utilization of the remaining corporate shell following the asset divestment.

NAGAFERT Delays Q1 Results Filing; Cites Lost SAP Access and Vendor Defaults Since May 5, 2026

🔴 NEGATIVE ⭐ 7/10

REGULATORY 📅 14 Aug 2026, 06:22 PM

Nagarjuna Fertilizers and Chemicals Limited has missed its statutory August 14, 2026 deadline for submitting Q1 financial results for the quarter ended June 30, 2026. The company disclosed severe liquidity distress caused by more than 2 years of delays in government subsidy and energy claim releases. This has led to defaults on employee salaries and vendor dues (including IBM and Control S), resulting in a complete loss of access to its SAP systems since May 05, 2026. The company aims to finalize and submit results by August 30, 2026.

Failed to submit Q1 financial results for the quarter ended June 30, 2026 by the August 14, 2026 deadline.
Lost access to internal SAP systems on May 05, 2026 due to unpaid dues to vendors including IBM and Control S.
Company cited ongoing defaults on salary payments and vendor liabilities amid a >2-year delay in subsidy claims.
Targeting submission of un-audited financial results on or before August 30, 2026.

💡 Track whether the company successfully restores SAP access and submits its delayed Q1 financial results by August 30, 2026, as well as any regulatory action or penalties imposed by stock exchanges.

15-Day Compliance Certificate Submitted by Nagarjuna Fertilizers for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 22 Jul 2026, 11:26 AM

Nagarjuna Fertilizers and Chemicals Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document confirms that all share dematerialization requests received during the quarter ended June 30, 2026, were processed within the mandated 15-day timeline. The company's in-house Share Transfer Agent verified that physical certificates were mutilated and cancelled after processing. This is a standard procedural filing required by all listed companies to ensure the integrity of the electronic shareholding records.

Compliance certificate issued for the quarter ended June 30, 2026
Dematerialization requests processed and confirmed within 15 days
Securities listed on both National Stock Exchange (NSE) and BSE Limited
Certificate issued by the company's In-house Share Transfer Department
Confirmation that depository names were substituted in the Register of Members

💡 No action is required as this is a routine administrative filing confirming the company's adherence to standard depository regulations.

NAGAFERT Confirms 'Not a Going Concern' Status with Zero Revenue-Generating Assets

🔴 NEGATIVE ⭐ 7/10

REGULATORY 📅 14 Jul 2026, 01:02 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has clarified to the NSE that it possesses no remaining fixed assets or revenue-generating business following debt settlements. Consequently, the company's financial statements since June 30, 2024, are being prepared on a 'not a going concern' basis. This follows the massive divestment of core assets totaling Rs 2,221.45 Cr in FY 2024-25. With a deeply negative net worth of Rs -937 Cr and zero production capacity, the company is currently a corporate shell exploring new business opportunities.

Company confirms it has no remaining fixed assets or revenue-generating business as of June 2025.
Financials have been drawn on a 'not a going concern' basis since the quarter ended June 30, 2024.
Asset divestment totaling Rs 2,221.45 Cr was completed in FY 2024-25 to settle debts.
Net worth remains severely eroded at Rs -937 Cr as per latest financial context.
Installed capacity for Urea and Micro Irrigation stands at 0 MTPA following the sale to A M Green Ammonia.

💡 Investors should exercise extreme caution as the company has no active operations; watch for any regulatory action regarding its 'not a going concern' status or announcements of a new business line.

NAGAFERT Trading Window to Close on July 01, 2026, for Q1 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Jun 2026, 09:31 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has announced the closure of its trading window starting July 01, 2026, for the quarter ending June 30, 2026. This is a standard regulatory requirement under SEBI Insider Trading regulations. The window will remain closed until 48 hours after the financial results are declared. Investors should note that the company is currently a corporate shell following the sale of its core assets for Rs 2,221.45 Cr in FY 2024-25, with TTM revenue standing at only Rs 8 Cr.

Trading window closure effective from July 01, 2026
Closure pertains to the financial results for the quarter ended June 30, 2026
Window to reopen 48 hours after the official declaration of results
Company reported a TTM revenue of only Rs 8 Cr following major asset divestments
Net worth remains significantly negative at Rs -937 Cr as per latest context

💡 Watch for the upcoming Q1 FY27 financial results to see if the company has identified any new business opportunities after exiting the fertilizer and micro-irrigation sectors.

NAGAFERT Appoints R. Ramamohana Rao as Non-Executive Director Effective June 30, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 30 Jun 2026, 08:32 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has appointed Mr. R. Ramamohana Rao as an Additional Non-Executive Director, effective June 30, 2026. Mr. Rao brings over 50 years of experience in industrial relations and labor management, having previously served at Union Carbide India Ltd and various government advisory boards. This appointment occurs while the company is in a transition phase, having divested its core Urea and Micro Irrigation assets for Rs 2,221.45 Cr in FY 2024-25. Currently, the company operates as a shell with a TTM revenue of only Rs 8 Cr and a deeply negative net worth of Rs -937 Cr.

Mr. R. Ramamohana Rao appointed as Additional Non-Executive Director effective June 30, 2026
Appointee brings over 50 years of experience in industrial relations and productivity improvement
Company currently has 0 MTPA production capacity following the sale of core assets to A M Green Ammonia India
Financial position remains distressed with a negative net worth of Rs -937 Cr and TTM PAT of Rs -28 Cr

💡 Investors should monitor for any concrete announcements regarding new business lines or the utilization of the remaining corporate shell, as the company currently lacks revenue-generating operations.

Rs 15.51 Cr Net Loss for FY26; NAGAFERT Continues as 'Not a Going Concern'

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 30 Jun 2026, 07:28 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) reported a net loss of Rs 15.51 Cr for the full year ended March 31, 2026, as the company remains without operational revenue following its asset divestment in 2024. The financials continue to be prepared on a 'not a going concern' basis, with current liabilities exceeding current assets by Rs 876.21 Cr. The company is currently a corporate shell embroiled in massive legal disputes totaling approximately Rs 1,278.26 Cr, including water cess and gas supply claims. Management is exploring new business opportunities, but no concrete plans have been operationalized.

Reported a full-year FY26 net loss of Rs 15.51 Cr, a sharp decline from the FY25 profit of Rs 2,424.87 Cr which was driven by one-time asset sales.
Current liabilities exceed current assets by Rs 876.21 Cr as of March 31, 2026.
Total disputed claims and contingent liabilities not acknowledged as debt amount to approximately Rs 1,278.26 Cr.
Revenue from operations remained at zero for the entire fiscal year following the sale of core assets to A M Green Ammonia India Private Limited.
Major specific disputes include a Rs 591.27 Cr water cess claim and a Rs 836.67 Cr royalty claim from a related party.

💡 Investors should monitor the resolution of the Rs 1,278.26 Cr in disputed claims and the recovery of subsidy dues from the Government, as these are the only potential sources to bridge the Rs 876.21 Cr liability gap.

Bombay High Court Dismisses NAGAFERT Appeal Against Arbitration Award

🔴 NEGATIVE ⭐ 7/10

LEGAL 📅 24 Jun 2026, 05:39 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) reported that the Bombay High Court has dismissed its appeal against an arbitration award previously granted to Pipeline Infrastructure Ltd. The appeal was filed under Section 34 of the Arbitration and Conciliation Act, and the dismissal order was dated June 09, 2026. The company received formal intimation of this setback on June 19, 2026. NAGAFERT has expressed its intention to further contest the decision by filing an appeal under Section 37 of the Act.

Bombay High Court dismissed the company's appeal under Section 34 of the Arbitration and Conciliation Act.
The original arbitration award was passed in favor of Pipeline Infrastructure Ltd.
The court order was issued on June 09, 2026, with the company receiving notice on June 19, 2026.
NAGAFERT plans to escalate the matter by filing a new appeal under Section 37 of the Arbitration Act.

💡 Investors should exercise caution as the dismissal of the appeal suggests a potential financial liability arising from the arbitration award. Monitor future disclosures for the specific monetary impact and the progress of the subsequent appeal.

NAGAFERT Delays FY26 Audited Results to June 30 Due to Financial Stress and Attrition

🔴 NEGATIVE ⭐ 7/10

REGULATORY 📅 15 Jun 2026, 09:42 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has announced a further delay in submitting its audited financial results for the year ended March 31, 2026. The company had previously requested an extension until June 15, 2026, but has now pushed the deadline to June 30, 2026. Management cited 'unprecedented employee attrition' in critical positions as the primary reason, explicitly linking these departures to the company's ongoing financial difficulties. This delay and the cited reasons indicate significant internal instability and potential liquidity issues.

Submission of audited financial results for FY ended March 31, 2026, delayed until June 30, 2026.
Company failed to meet its previous extended deadline of June 15, 2026.
Management attributes the delay to high turnover in critical staff roles due to 'financial difficulties'.
The disclosure follows SEBI Circular No. CIR/CFD/CMD-1/142/2018 regarding reporting delays.

💡 Investors should exercise extreme caution as the admission of financial difficulties and high attrition in critical roles are major red flags. Monitor the June 30 deadline for potential further defaults or qualified audit reports.

Nagarjuna Fertilizers Delays FY26 Results to June 15 Due to Financial Stress and Attrition

🔴 NEGATIVE ⭐ 8/10

REGULATORY 📅 30 May 2026, 10:48 AM

Nagarjuna Fertilizers and Chemicals Limited has failed to meet the SEBI deadline of May 30, 2026, for submitting its audited financial results for the year ended March 31, 2026. The company attributed this delay to unprecedented employee attrition in critical positions, which has hindered the finalization of financial reports. Management explicitly cited ongoing financial difficulties as the primary reason for the high staff turnover. The company now expects to submit the audited results by June 15, 2026.

Missed the statutory deadline of May 30, 2026, for filing FY26 audited financial results.
Cited high attrition in critical roles due to financial difficulties as the reason for the delay.
Revised timeline for submission of results is set for on or before June 15, 2026.
The admission of financial difficulties and loss of key personnel indicates significant internal instability.

💡 Investors should remain highly cautious as the delay and the cited 'financial difficulties' suggest severe liquidity or operational issues. Monitor the June 15 deadline closely and review the auditor's remarks for any 'going concern' qualifications once the results are released.

Nagarjuna Fertilizers Clarifies Nil Impact from Associate on Q3 FY26 Financials

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 23 Apr 2026, 01:04 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has provided a clarification to the National Stock Exchange regarding its Q3 FY26 financial results. The company stated that its associate, KVK International Leadership Limited, has no business operations, resulting in zero revenue and income for the period. Because the share of profit or loss from this associate is nil, the company's consolidated financial results are identical to its standalone figures. This clarification confirms that the reporting format used complies with Schedule III of the Companies Act, 2013.

Associate company KVK International Leadership Limited reported Rs. 0.00 Lakhs in revenue and income for Q3 FY26.
Consolidated net profit/loss is identical to standalone results due to nil contribution from associates.
Financial results for the quarter ended December 31, 2025, were prepared in accordance with Schedule III of the Companies Act, 2013.
The Board of Directors had authorized Mr. Rajendra Mohan Gonela to sign the financial results on February 14, 2026.

💡 Investors should treat this as a routine regulatory clarification with no impact on the company's previously reported financial performance. Focus should remain on the operational efficiency and debt restructuring progress of the core fertilizer business.

Nagarjuna Fertilizers Submits Q4 FY2026 SEBI Dematerialization Compliance Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Apr 2026, 11:28 AM

Nagarjuna Fertilizers and Chemicals Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document confirms that all share certificates received for dematerialization during the quarter ended March 31, 2026, were processed and cancelled. The company's In-house Share Transfer Agent verified that the names of depositories were updated in the Register of Members within the mandatory 15-day period. This is a standard procedural disclosure required for listed companies in India.

Compliance certificate filed for the quarter ended March 31, 2026.
Confirmation that dematerialization requests were processed within the 15-day regulatory timeframe.
Physical share certificates were mutilated and cancelled after due verification.
The filing confirms that the securities are listed on both the National Stock Exchange (NSE) and BSE Limited.

💡 This is a routine regulatory filing with no impact on the company's financial health or stock valuation. No action is required from investors.

Nagarjuna Fertilizers Announces Trading Window Closure from April 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Mar 2026, 12:48 PM

Nagarjuna Fertilizers and Chemicals Limited (NAGAFERT) has announced the closure of its trading window starting April 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, regarding the upcoming financial results. The window will remain closed until 48 hours after the company declares its financial results for the fiscal year ending March 31, 2026. This is a standard regulatory procedure to prevent insider trading prior to the public disclosure of annual performance data.

Trading window for company securities to be closed effective April 1, 2026
Closure is in relation to the financial results for the year ended March 31, 2026
Window will reopen 48 hours after the official declaration of the financial results
Compliance maintained with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 This is a routine administrative filing and does not impact the company's fundamentals. Investors should monitor for the upcoming announcement of the annual financial results to evaluate performance.

Nagarjuna Fertilizers Ordered to Deposit $16.4M and £0.6M Following Adverse Court Ruling

🔴 NEGATIVE ⭐ 8/10

LEGAL 📅 27 Mar 2026, 07:59 PM

Nagarjuna Fertilizers and Chemicals Limited (NFCL) has suffered a legal setback as the Bombay High Court directed the enforcement of a 2016 International Arbitration Award. The company is required to deposit USD 16,427,310.80 and GBP 606,628.29, plus applicable interest, in favor of M/s. Trammo DMCC regarding fertilizer purchase disputes. While NFCL claims the award was based on manipulated documents and is appealing to the Supreme Court, the immediate court order poses a significant financial liability. The company is currently proceeding with a Special Leave Petition and a Curative Petition to contest the judgment.

Bombay High Court judgment dated March 05, 2026, mandates the enforcement of an Arbitral Award against the company.
Required deposit amounts include USD 16,427,310.80 and GBP 606,628.29 plus accrued interest.
The dispute originates from an International Arbitration Award passed in September 2016 involving M/s. Trammo DMCC.
NFCL is challenging the enforcement through a Special Leave Petition (SLP) in the Supreme Court of India.
The company has also filed a criminal complaint against the supplier alleging misrepresentation of facts.

💡 Investors should exercise caution as the required deposit represents a substantial cash outflow that could strain the company's liquidity. Monitor the Supreme Court's response to the Special Leave Petition for any potential stay on the execution of the order.

View All NAGAFERT Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations for the quarter ended September 30, 2025, was INR 0 Cr, representing a 100% decline as operations were discontinued. In the previous year (FY 2024-25), manufactured Urea sales volume dropped 83.4% from 13.102 LMT to 2.173 LMT due to the sale of core assets.

Geographic Revenue Split

Not disclosed in available documents as operations have been discontinued since June 2024.

Profitability Margins

The company reported a Profit After Tax of INR 2,424.87 Cr for FY 2024-25, compared to a loss of INR 1,283.89 Cr in the previous year. This profit is primarily due to exceptional items including asset sales and debt remission rather than operational efficiency. Net margin is not meaningful due to zero operational revenue in the current period.

EBITDA Margin

Operating Profit before working capital changes was negative INR 396.03 Cr for FY 2024-25. For the half-year ended September 30, 2025, the operating loss was INR 8.41 Cr, reflecting the lack of revenue-generating activities.

Capital Expenditure

Capital expenditure was minimal at INR 0.02 Cr (INR 2.26 Lakhs) in FY 2024-25, down 97.8% from INR 1.04 Cr in the prior year, as the company focused on asset liquidation rather than expansion.

Credit Rating & Borrowing

The company benefited from a 'Remission in Borrowings' of INR 1,340.06 Cr in FY 2024-25 following debt settlements. Finance costs decreased by 87.2% from INR 479.12 Cr to INR 61.33 Cr YoY due to the settlement of debt with lenders.

⚙️ Operational Drivers

Raw Materials

Natural Gas and other inputs for Urea production (historically), but currently 0% of costs as manufacturing has ceased.

Capacity Expansion

Current installed capacity is 0 MTPA for Urea and Micro Irrigation as all core and non-core assets were sold to A M Green Ammonia India Private Limited on May 31, 2024.

Raw Material Costs

Raw material costs were INR 0 for the quarter ended September 30, 2025, due to the total discontinuation of manufacturing operations.

Manufacturing Efficiency

Capacity utilization dropped to 0% following the asset sale in June 2024. Production in FY 2024-25 was only 2.173 LMT before the shutdown.

Logistics & Distribution

Distribution costs have effectively ceased along with the discontinuation of the Urea sales business.

📈 Strategic Growth

Expected Growth Rate

Growth Strategy

The company is currently in a transition phase, having sold its core Urea and Micro Irrigation businesses. The strategy involves exploring entirely new business opportunities to utilize the remaining corporate shell, as there are no remaining revenue-generating assets.

Products & Services

Historically Urea and Micro Irrigation Equipments; currently none.

Brand Portfolio

Nagarjuna Fertilizers (Brand value associated with Urea, though business is sold).

New Products/Services

No new products launched; company is in the 'exploring' phase for new opportunities.

Market Expansion

No active market expansion; the company has exited its primary fertilizer markets.

Market Share & Ranking

The company has exited the Urea market, losing its previous market share entirely.

Strategic Alliances

The company's assets were sold by ACRE (Asset Care & Reconstruction Enterprise) under the SARFAESI Act to A M Green Ammonia India Private Limited.

🌍 External Factors

Industry Trends

The fertilizer industry is moving toward green ammonia (as seen by the buyer of NAGAFERT's assets), but NAGAFERT itself is no longer an active participant in this trend.

Competitive Landscape

The company is no longer a competitor in the fertilizer or micro-irrigation sectors.

Competitive Moat

The company has lost its primary moat (manufacturing infrastructure and distribution network) following the SARFAESI Act asset sale.

Macro Economic Sensitivity

Highly sensitive to government subsidy policies and energy claims, which are currently under consideration and impact the final settlement of liabilities.

Consumer Behavior

Not applicable as there is no consumer-facing business remaining.

⚖️ Regulatory & Governance

Industry Regulations

Operations were governed by the Fertilizer Control Order and subsidy regimes of the Government of India until discontinuation in June 2024.

Taxation Policy Impact

The company reported a current tax liability of INR 1.29 Cr as of March 31, 2025.

Legal Contingencies

The company has disclosed pending litigations in Note 32 of its financial statements. It also faces significant uncertainty regarding energy and other claims from the Government.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the 'Going Concern' status. Auditors have prepared accounts on a 'not a going concern' basis because there are no remaining fixed assets or revenue-generating businesses.