---
title: "Mangalore Chemicals & Fertilizers Ltd (MANGCHEFER) — Share Price, Financials & Analysis"
symbol: "MANGCHEFER"
company: "Mangalore Chemicals & Fertilizers Ltd"
canonical: "https://tapetide.com/stocks/MANGCHEFER"
isin: "INE558B01017"
nse_symbol: "MANGCHEFER"
bse_code: "530011"
sector: "Commodities"
industry: "Fertilizers & Agrochemicals"
generated_at: "2026-09-13T19:02:47.931Z"
---

# Mangalore Chemicals & Fertilizers Ltd (MANGCHEFER)

Canonical page: https://tapetide.com/stocks/MANGCHEFER

## Company

- **NSE Symbol:** MANGCHEFER
- **BSE Code:** 530011
- **ISIN:** INE558B01017
- **Sector:** Commodities
- **Industry:** Fertilizers & Agrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mangalorechemicals.com

## About

Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers.  It is a subsidiary of Zuari Fertilisers and Chemicals Limited, an Adventz Group. [1][2]

## Latest Price

- **Price:** ₹308.75
- **Change:** 0 (0%)
- **Open:** ₹310.75
- **Day High:** ₹310.75
- **Day Low:** ₹300.25
- **Previous Close:** ₹308.75
- **Volume:** 0
- **As Of:** 2025-10-30T10:14:12+00:00

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- The company has delivered a poor sales growth of 4.21% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 8% | 18% | 17% |
| revenue growth | -7% | 5% | 4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 283 | 1173 | 1164 | 958 | 1410 | 641 | 786 | 814 | 776 | 968 | 774 | 862 |
| Expenses | 306 | 1033 | 1036 | 842 | 1269 | 559 | 750 | 708 | 701 | 865 | 736 | 751 |
| Operating Profit | -22 | 141 | 128 | 116 | 141 | 82 | 36 | 106 | 76 | 103 | 38 | 111 |
| OPM % | -8 | 12 | 11 | 12 | 10 | 13 | 4.6 | 13 | 10 | 11 | 4.8 | 13 |
| Other Income | 6 | 7 | 11 | 7 | 10 | 11 | 13 | 6 | 5 | 7 | 18 | 7 |
| Interest | 21 | 33 | 31 | 30 | 28 | 23 | 23 | 25 | 20 | 16 | 15 | 17 |
| Depreciation | 13 | 17 | 17 | 17 | 17 | 18 | 19 | 19 | 19 | 19 | 19 | 18 |
| Profit before tax | -49 | 97 | 92 | 76 | 106 | 51 | 7 | 68 | 41 | 75 | 22 | 83 |
| Tax % | -35 | 21 | 26 | 35 | 36 | 35 | 33 | 35 | 36 | 23 | 26 | 26 |
| Net Profit | -32 | 76 | 68 | 49 | 68 | 33 | 5 | 44 | 26 | 57 | 16 | 62 |
| EPS in Rs | -2.72 | 6.43 | 5.73 | 4.16 | 5.71 | 2.78 | 0.41 | 3.71 | 2.23 | 4.84 | 1.35 | 5.2 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2479 | 2689 | 3074 | 2711 | 2144 | 2896 | 3642 | 3795 | 3332 | 3380 |
| Expenses | 2306 | 2531 | 2882 | 2504 | 1936 | 2680 | 3327 | 3414 | 3002 | 3053 |
| Operating Profit | 174 | 158 | 191 | 207 | 208 | 216 | 315 | 382 | 330 | 327 |
| OPM % | 7 | 6 | 6 | 8 | 10 | 7 | 9 | 10 | 10 | 10 |
| Other Income | 8 | 39 | 9 | 20 | 24 | 19 | 25 | 35 | 28 | 37 |
| Interest | 116 | 84 | 111 | 111 | 77 | 49 | 104 | 105 | 76 | 68 |
| Depreciation | 35 | 37 | 39 | 45 | 50 | 51 | 60 | 72 | 76 | 75 |
| Profit before tax | 30 | 75 | 50 | 70 | 106 | 135 | 176 | 241 | 206 | 221 |
| Tax % | 36 | 19 | 34 | 8 | 36 | 35 | 24 | 36 | 30 | — |
| Net Profit | 19 | 61 | 33 | 65 | 67 | 88 | 135 | 155 | 144 | 161 |
| EPS in Rs | 1.64 | 5.11 | 2.77 | 5.45 | 5.66 | 7.41 | 11.36 | 13.06 | 12.13 | 13.62 |
| Dividend Payout % | 31 | 20 | 36 | 9 | 18 | 16 | 11 | 11 | 12 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 |
| Reserves | 286 | 305 | 359 | 377 | 427 | 489 | 565 | 685 | 821 | 946 |
| Borrowings | 1385 | 1203 | 1367 | 1713 | 1506 | 884 | 1363 | 1377 | 1039 | 741 |
| Other Liabilities | 664 | 610 | 664 | 710 | 751 | 506 | 675 | 479 | 452 | 527 |
| Total Liabilities | 2453 | 2237 | 2508 | 2918 | 2803 | 1997 | 2721 | 2659 | 2430 | 2333 |
| Fixed Assets | 643 | 625 | 611 | 613 | 608 | 599 | 573 | 1077 | 1082 | 1021 |
| CWIP | 13 | 13 | 33 | 35 | 46 | 78 | 317 | 14 | 11 | 31 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1797 | 1599 | 1864 | 2270 | 2149 | 1320 | 1831 | 1568 | 1337 | 1280 |
| Total Assets | 2453 | 2237 | 2508 | 2918 | 2803 | 1997 | 2721 | 2659 | 2430 | 2333 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -136 | 337 | 33 | -262 | 629 | 962 | -87 | 192 | 496 | 271 |
| Cash from Investing Activity | -53 | -13 | -40 | -59 | -65 | -121 | -187 | -243 | -82 | -98 |
| Cash from Financing Activity | 180 | -270 | 60 | 250 | -393 | -702 | 404 | -101 | -464 | -392 |
| Net Cash Flow | -10 | 55 | 54 | -71 | 171 | 139 | 130 | -152 | -50 | -219 |
| Free Cash Flow | -190 | 317 | -6 | -327 | 564 | 863 | -257 | -111 | 400 | 182 |
| CFO/OP | -120 | 197 | 32 | -129 | 310 | 470 | -32 | 72 | 140 | 100 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 60 | 183 | 161 | 186 | 195 | 87 | 84 | 76 | 58 | 61 |
| Inventory Days | 38 | 142 | 237 | 89 | 49 | 48 | 87 | 37 | 26 | 53 |
| Days Payable | 86 | 235 | 312 | 84 | 114 | 88 | 82 | 37 | 23 | 42 |
| Cash Conversion Cycle | 12 | 90 | 86 | 190 | 130 | 47 | 89 | 76 | 61 | 72 |
| Working Capital Days | -13 | -21 | -9 | 9 | -20 | -63 | -61 | -22 | -8 | 19 |
| ROCE % | 5 | 9 | 9 | 8 | 9 | 10 | 11 | 14 | 17 | 15 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 59.78% | 56.88% | 60.02% | 60.47% | 60.63% | 60.63% | 60.63% | 60.63% |
| FIIs | 0.88% | 0.98% | 1.01% | 0.11% | 0.95% | 4% | 0.86% | 1.84% | 2.12% | 3.01% |
| DIIs | 0.42% | 0.36% | 0.35% | 0.2% | 0.19% | 0.19% | 0.19% | 2% | 6.71% | 8.59% |
| Government | 0.89% | 0.89% | 13.88% | 16.03% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% |
| Public | 22.81% | 22.77% | 24.98% | 26.79% | 37.95% | 34.45% | 37.43% | 34.64% | 29.66% | 26.88% |
| No. of Shareholders | 56402 | 48340 | 46046 | 45496 | 55745 | 59727 | 54492 | 68701 | 57297 | 57396 |

### Quarterly

| Category | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% | 60.63% |
| FIIs | 0.13% | 0.86% | 0.84% | 1.11% | 1.61% | 1.84% | 1.45% | 1.66% | 2.12% | 2.12% | 3.1% | 3.01% |
| DIIs | 0.19% | 0.19% | 0.19% | 0.19% | 2.12% | 2% | 4.66% | 5.63% | 5.74% | 6.71% | 6.47% | 8.59% |
| Government | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% |
| Public | 38.17% | 37.43% | 37.44% | 37.18% | 34.76% | 34.64% | 32.37% | 31.21% | 30.63% | 29.66% | 28.93% | 26.88% |
| No. of Shareholders | 58112 | 54492 | 53185 | 52562 | 53254 | 68701 | 69213 | 65007 | 58586 | 57297 | 59833 | 57396 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 313.35 | Sell |
| EMA (10) | 312.48 | Sell |
| SMA (20) | 318.66 | Sell |
| EMA (20) | 316.1 | Sell |
| SMA (50) | 326.4 | Sell |
| EMA (50) | 319 | Sell |
| SMA (100) | 314.61 | Sell |
| EMA (100) | 304.22 | Buy |
| SMA (200) | 251.51 | Buy |
| EMA (200) | 265.28 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.46 | Neutral |
| MACD (12,26,9) | -4.32 | Sell |
| Stochastic (14,3,3) | 30.17 | Neutral |
| ADX (14) | 20.79 | Neutral |
| Williams %R (14) | -65.52 | Neutral |
| ATR (14) | 10.53 | High Volatility |
| ROC (12) | -1.48 | Sell |
| Stoch RSI (14) | 5.03 | Buy |
| UO (7,14,28) | 54.96 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2025-10-16 | [Board Meeting Outcome for Composite Scheme Of Arrangement By And Amongst Mangalore Chemicals & Fertilizers Limited Paradeep Phosphates Limited And Their Respective Shareholders And Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6c65e98-c603-4ccf-95fc-4403b98e4d3c.pdf) |
| 2025-10-16 | [31St October 2025 As The Record Date For The Purpose Of Composite Scheme Of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4a2d64b-13f7-4753-a7c8-5056cf2d1490.pdf) |
| 2025-10-14 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63CFC072_4BD3_4ECD_AD51_73132A7C2C16_100253.pdf) |
| 2025-10-14 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C6BE0BF8_2044_4E3E_8B88_F587F28C8799_103210.pdf) |
| 2025-10-13 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29720e7b-7174-43e5-bfe7-54f83b417089.pdf) |
| 2025-10-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d6f4879-0a3b-49b2-88cb-84875d908be3.pdf) |
| 2025-10-07 | [Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4785e8d-08ee-47f9-9ca6-e409412cebe4.pdf) |
| 2025-10-01 | [Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F93C9727_F5F1_400F_8B52_14082AC0816A_181124.pdf) |
| 2025-09-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c08fb271-d098-43d0-871f-95d5d1d33b67.pdf) |
| 2025-09-29 | [Announcement under Regulation 30 (LODR)-Updates on Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1043cf88-4c59-4b1f-99bc-5e5fbbcd7e64.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 16 Oct 2025 - Amalgamation effective Oct 16, 2025; Appointed Date Apr 1, 2024; Record Date Oct 31; 187:100 share swap. | [31St October 2025 As The 'Record Date For The Purpose Of Composite Scheme Of Arrangement 16 Oct 2025 - Amalgamation effective Oct 16, 2025; Appointed Date Apr 1, 2024; Record Date Oct 31; 187:100 share swap.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e4a2d64b-13f7-4753-a7c8-5056cf2d1490.pdf) |
| 16 Oct 2025 - Amalgamation effective 16 Oct 2025; appointed date 01 Apr 2024; record date 31 Oct 2025; 187:100 swap. | [Board Meeting Outcome for Composite Scheme Of Arrangement By And Amongst Mangalore Chemicals & Fertilizers Limited, Paradeep Phosphates Limited And Their Respective Shareholders And Creditors 16 Oct 2025 - Amalgamation effective 16 Oct 2025; appointed date 01 Apr 2024; record date 31 Oct 2025; 187:100 swap.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6c65e98-c603-4ccf-95fc-4403b98e4d3c.pdf) |
| 14 Oct 2025 - Zuari sold 2,90,37,000 MCFL shares on 13 Oct 2025; stake falls from 54.03% to 29.53%. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 14 Oct 2025 - Zuari sold 2,90,37,000 MCFL shares on 13 Oct 2025; stake falls from 54.03% to 29.53%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63CFC072_4BD3_4ECD_AD51_73132A7C2C16_100253.pdf) |
| 13 Oct 2025 - NCLT-sanctioned composite scheme effective Oct 13, 2025; MCF to amalgamate into Paradeep; Effective Date2 Oct 16, 2025. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 13 Oct 2025 - NCLT-sanctioned composite scheme effective Oct 13, 2025; MCF to amalgamate into Paradeep; Effective Date2 Oct 16, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29720e7b-7174-43e5-bfe7-54f83b417089.pdf) |
| — | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 14 Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/C6BE0BF8_2044_4E3E_8B88_F587F28C8799_103210.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8236a5cd-dc1e-446c-9824-2cdd374c8946.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8236a5cd-dc1e-446c-9824-2cdd374c8946.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e223512-c370-4e5c-af48-e187750f1279.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e223512-c370-4e5c-af48-e187750f1279.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9507721a-0d35-410b-8d6b-623e2bec2fd1.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9507721a-0d35-410b-8d6b-623e2bec2fd1.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8d7989c-0217-4c06-bddb-d8997371fda2.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8d7989c-0217-4c06-bddb-d8997371fda2.pdf) |
| Feb 2022 | [Concall - Feb 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce51e2b6-fc89-4155-8f32-4b6246ff53e7.pdf) |
| Feb 2022 | [Concall - Feb 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce51e2b6-fc89-4155-8f32-4b6246ff53e7.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27186_MANGCHEFER_2024_2025_A_30072025180324.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25551_MANGCHEFER_2023_2024_03092024161530.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23175_MANGCHEFER_2022_2023_01092023125149_09012023130001.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21140_MANGCHEFER_2021_2022_02092022212725_09022022220024.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18900_MANGCHEFER_2020_2021_25082021175434_25082021180002.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_16858_MANGCHEFER_2019_2020_24082020172500_24082020180002.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15407_MANGCHEFER_2018_2019_27082019191943_27082019200003.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_13373_MANGCHEFER_2017_2018_06092018200854.zip) |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1343_MANGCHEFER_2012_2013_03092013085608.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dcf53125-093f-482e-9767-73cbfaf08a97.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:47.931Z.