Khaitan Chemicals & Fertilizers Ltd.
Snapshot View

76.00 -1.55 ▼-2.0%

03 August 2021, 03:26:00 P.M.
Volume: 73,792

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Fertilizers Compare with Industry peers
Website http://www.khaitanchemfert.com
Financial Indicators
Market Cap 752.15 Cr.
Earnings per share (EPS) 2.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 30.25 Trailing Twelve Months Ending 2021-03
Industry PE 15.57 Trailing Twelve Months Ending 2021-03
Book Value / Share 17.96 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.32 Calculated using Price: 77.55
Dividend Yield 0.32 Period Ending 2021-03
No. of Shares Subscribed 9.70 Cr. 96,989,200 Shares
FaceValue 1
Company Profile

Khaitan Chemicals & Fertilizers Ltd. (KCFL) began its operation in 1987 at Nimrani near Indore, West Madhya Pradesh and has earned cash profits each and every year, since its inception, even though SSP Industry has gone through tumultuous times. Today KCFL has earned the distinction of being the largest manufacturer of SSP in India. The company is producing top quality fertilizer, sold under the brand name of 'Khaitan Khad', and is the brand leader in Western Madhya Pradesh.

The Khaitan Chemicals & Fertilizers ( KCFL Group) was formulated in 1995 under the leadership of Shailesh Khaitan. The group at that time consisted of:

  • Khaitan Chemicals & Fertilizers Ltd.: 66000 TPA SSP and 33000 TPA Sulphuric Acid.
  • Khaitan Agro: 300 TPD Solvent Extraction Plant.
  • Khaitan Paper and Packaging (P) Ltd.: Corrugated Boxes
  • Hind Polyfabs Pvt. Ltd.: Plastic Woven Sacks.

However since 1995, KCFL has seen a dynamic growth and expansion under the new leadership. It is today the largest manufacturer of SSP in India. The group has today an installed capacity of 847500 TPA of Single Super Phosphate & 221,100 TPA of Sulphuric Acid and 3325 KW of captive power generation and 1400 TPA Solvent Extraction Plant, 100 TPA Refinery. .During the year 1998-1999 the Agro Division of Radico Khaitan Ltd. was transferred to Khaitan Soya Ltd., which has since been amalgamated with Khaitan Chemicals & Fertilizers Limited, w.e.f. 01.04.2001.

During the year 2000-2001 the Shriniwas Fertilizers Limited a sick unit was taken over by the management of Khaitan Chemicals & Fertilizers Limited,and was amalgamated with Khaitan Chemicals & Fertilizers Limited, w.e.f. 01.04.2001.

During 2004 New SSP Plant at Nimbahera (Rajasthan) commenced production.

In 2005-06 a 1000 TPD capacity for Soya Bean Processing at existing location at Ratlam, was commissioned. In the same year KCFL also acquired Mahadeo Fertilizer Ltd.at Fatehpur,near Kanpur,U.P. and amalgamated with itself in May 2006 w.e.f. 1.04.05..

KCFL further acquired in 2006 in its sister company a 800 TPD plant of Solvent Extraction adding the following products : -Solvent Extraction 2,40,000 TPA -Refund Oil  18,000 TPA -Other value added products like lecithin,Soya Flour, Soya Nuggets, Vanaspathi etc.

The company has also installed a 1250 KW Wind Turbine Generator, in Dhulia, Maharashtra. The wind mill was commissioned in September 2006.

Product range of the company includes:

  • Single Super Phosphate- W/S P2O5 16% Single Super Phosphate is one of the cheapest sources of direct application phosphatic fertilizer with a high sulfur content of 12% which makes it exceptionally suitable for oilseed crops besides other crops.The company is also manufacturing GSSP (Granulated SSP) suitable for use in mechanized farming.
  • Sulphuric Acid- The company is not only manufacturing high grade Sulphuric Acid for its captive consumption but is also selling in the market. There is a high demand for Sulphuric Acid in there adjoining areas.
  • Oleum 23%/65% and Liquid So3- These are derivatives of Sulphuric Acid and are used as intermediate products for manufacture of dyes & chemicals. Also used as sulphating and sulphonating agent, as a dehydrating agent in nitration, petroleum refining, laboratory reagent etc. The products are of very high quality and in demand by the consumer industries.
  • Soya Oil- Soya Oil is extracted from soyabean, which is the most widely used oilseed worldwide.Soya Oil has a high capacity of polyunsaturated fatty acids.
  • Refined Vegetable Oil- The crude oil received from the Solvent Extraction Plant is passed through a number of processes under strict hygienic conditions and quality control. The refined oil is marketed under the brand of 'Khaitan Vegetable Oil'. The Soya oil is considered to be amongst the best in the edible oils, since it has low, almost negligible levels of saturated fats which lead to cholesterol deposits in the blood vessels. The Soya Oil also has a high content of Vitamin E, favourable for a healthy skin.
  • Soyabean Meal- Soyabean Meal (De-oiled Cake) is another product in the manufacture of Soya Oil and has its main application in the formulation of cattle feed. Because of its high protein content of 48% by weight as compared to 40% to 42% in products supplied by USA and Brazil, Indian soya meal is preferred over other countries.
  • Power- KCFL has commissioned captive power plant of 2800 KW Power Plant at Nimrani and 525 KW at Jhansi operating on steam, which is a byproduct of Sulphuric Acid plant. The company has  further installed and commissioned in Dhulia, Maharashtra in 2006, a Wind turbine Generator with a capacity of 1250 KW, for generation of electricity by harnessing the winds.

Different divisions of the company:

Fertilizer Division-  It has units at four locations:

(1) Nimrani- Since, 1995 the capacity has expanded more than 6 times to 4,00,000 TPA of SSP and 1,15,500 TPA of Sulphuric Acid, 2800 KW Power. Besides, the Nimrani plant has value added products like Oleum 65%, Oleum 23% and Liquid So3.

(2) Jhansi- As a part of an overall strategy to utilize the core competence developed by the group in the field of SSP and Sulphuric Acid and diversify its manufacturing and marketing bases, the group had acquired strategic stake in Shriniwas Fertilizers Ltd. located at Jhansi (U.P.) and subsequently merged it with the company. The capacity at the time of acquisition was 66000 TPA SSP and 33000 TPA Sulphuric Acid, which has since been increased to 132000 TPA SSP and 56100 Sulphuric Acid, 525 KW Power.

(3) Nimbahera - New plant to produce 2,00,000 M.T. SSP has been put up in Rajasthan. Production commenced from July 2004.

(4) Fatehpur, near Kanpur-KCFL has recently taken over Mahadeo Fertilizers Ltd .fatehpur, near Kanpur, U.P. a BIFR unit having 115,500 TPA capacity of SSP and 49,500 TPA capacity of Sulphuric Acid .The company has now also been merged with KCFL w.e.f. 1.04.05.

Soya Division - Soya Seed Processing: Capacity expanded from 300 TPD TO 1400 TPD for solvent oil extraction. Expansion at Rat Lam: Plant for 1000 TDP Soyseed processing has been put up and commissioned last year.This has increased the soyseed processing capacity to 1400 TPD. Refinery: KA while looking at the good response to the quality of its crude oil decided to go directly to the consumer and has launched 'Khaitan Vegetable Oil' i.e. refined Soya Oil manufactured in the new 100 TPD Refinery commissioned in June, 2000.

New Acquisition in Madhya Pradesh: KCFL has futher acquired in 2006 in its sister company a 800 TPD plant of Solvent Extraction adding the following products.Value added products like Lecithin, Soya Flour, Soya Nuggets, Vanaspathi etc.

Power Division- The company already has two captive power generating units in its existing Fertilizer Division. These units of total capacity of 3325 KW generate power using the waste heat generated during the acid manufacturing process. The company has now also put up a 1250 KW, WTG (Wind Turbine Generator) in Dhulia, Maharashtra for generation of power to be sold to the Maharashtra Government.

Achievements/ recognition:

  • The company is today the largest manufacturer of SSP in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.00%
1 Week
+11.76%
1 Month
+41.26%
3 Month
+228.29%
6 Month
+207.07%
1 Year
+328.17%
2 Year
+993.53%
5 Year
+456.78%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.69 -1.29 2.79 1.31 1.29 1.27 5.88 10.36 15.20
Return on Capital Employed (%) 6.97 4.82 8.27 9.32 9.16 8.24 11.47 14.09 19.15
Return on Assets (%) 0.44 -0.37 0.89 0.42 0.40 0.40 2.12 4.06 6.68

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 127 125 126 127 129 130 138 153 174
Non Curr. Liab. 29 30 26 56 54 47 39 31 36
Curr. Liab. 338 231 247 216 254 213 176 206 144
Minority Int.
Equity & Liab. 494 386 399 400 438 391 353 391 354
Non Curr. Assets 112 130 127 123 126 120 113 108 106
Curr. Assets 382 257 272 277 312 271 240 282 249
Misc. Exp. not W/O
Total Assets 494 386 399 400 438 391 353 391 354

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 458 388 329 392 359 353 373 437 487
Other Income 4 9 3 2 3 1 1 2 1
Total Income 462 397 332 394 362 355 373 439 488
Total Expenditure -431 -370 -295 -352 -320 -317 -330 -391 -427
PBIDT 31 27 37 42 42 38 44 48 60
Interest -26 -25 -30 -30 -31 -26 -22 -18 -14
Depreciation -7 -8 -9 -9 -8 -9 -9 -9 -8
Taxation 0 5 5 -2 0 -1 -5 -6 -14
Exceptional Items 4
PAT 2 -2 4 2 2 2 8 15 25

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -44 175 21 26 32 64 92 16 84
Cash Fr. Inv. -17 -23 -8 -2 -9 0 -4 1 -6
Cash Fr. Finan. 60 -151 -13 -24 -23 -65 -88 -17 -79
Net Change 0 1 0 -1 0 0 0 0 0
Cash & Cash Eqvt 1 2 2 1 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99
Public 25.01 25.01 25.01 25.01 25.01 25.01 25.01 25.01 25.01
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 54.99 54.99 54.99 54.99 54.99 54.99 54.99 54.99 54.99

Announcements View Details

Thu, 29 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Section 124 of the Companies Act 2013 (the Act) Investor Education and Protection Fund Authority (Accounting Audit Transfer and Refund) Rules 2016 as
amended (the Rules) and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 We are enclosing herewith the copies of the following
newspaper advertisements published in Free press (English Edition) and Choutha Sansar (Hindi Edition) dated July 29 2021 for the attention of equity shareholders in respect of
transfer of equity shares to Investor Education and Protection Fund (IEPF).
Sat, 17 Jul 2021
Minutes Of 39Th Annual General Meeting.
We are pleased to enclose herewith copy of the Minutes of the proceedings of the 39th Annual General Meeting of the
Company held on Wednesday July 7 2021 through Video Conference / Other Audio Visual Means.

We request you to take the above information on your record
Thu, 08 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Khaitan Chemicals & Fertilizers Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here

Technical Scans View Details

Mon, 02 Aug 2021
Close Crossing Last Week High Close Crossing Last Week High
Close Crossing Last Month High Close Crossing Last Month High
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Close Crossing 52 Week High Close Crossing 52 Week High
Closing Above Previous High Closing Above Previous High

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Asian Paints Ltd. 285,745.02 3,033.80 +2.1%
Pidilite Industries Ltd. 115,020.52 2,260.00 -0.2%
Berger Paints India Ltd. 81,846.18 846.60 +0.6%
UPL Ltd. 60,434.91 790.05 -0.1%
PI Industries Ltd. 50,353.73 3,334.95 +0.5%
Aarti Industries Ltd. 34,369.01 975.05 +2.8%
Kansai Nerolac Paints Ltd. 33,822.60 635.25 +1.0%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2021-06 81.89 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 101.68 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2021-03 113.71 846.60 +0.6%
UPL Ltd. Consolidated 2021-06 20.17 790.05 -0.1%
PI Industries Ltd. Consolidated 2021-06 64.56 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2021-03 65.66 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-06 55.41 635.25 +1.0%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2021-06 21.35 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 20.66 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2021-03 24.24 846.60 +0.6%
UPL Ltd. Consolidated 2021-06 3.24 790.05 -0.1%
PI Industries Ltd. Consolidated 2021-06 9.11 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2021-03 7.18 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-06 8.12 635.25 +1.0%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 0.03 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 0.04 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2020-03 0.20 846.60 +0.6%
UPL Ltd. Consolidated 2021-03 1.13 790.05 -0.1%
PI Industries Ltd. Consolidated 2020-03 0.20 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2020-03 0.70 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-03 0.04 635.25 +1.0%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 27.71 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 22.42 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2020-03 26.06 846.60 +0.6%
UPL Ltd. Consolidated 2021-03 20.19 790.05 -0.1%
PI Industries Ltd. Consolidated 2020-03 18.63 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2020-03 19.50 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-03 13.46 635.25 +1.0%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 36.95 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 29.78 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2020-03 30.47 846.60 +0.6%
UPL Ltd. Consolidated 2021-03 13.40 790.05 -0.1%
PI Industries Ltd. Consolidated 2020-03 23.10 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2020-03 15.85 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-03 18.03 635.25 +1.0%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 21,712.79 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 7,292.71 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2020-03 6,365.82 846.60 +0.6%
UPL Ltd. Consolidated 2021-03 38,694.00 790.05 -0.1%
PI Industries Ltd. Consolidated 2020-03 3,366.50 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2020-03 4,186.31 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-03 5,074.25 635.25 +1.0%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 3,178.15 3,033.80 +2.1%
Pidilite Industries Ltd. Consolidated 2021-03 1,122.15 2,260.00 -0.2%
Berger Paints India Ltd. Consolidated 2020-03 664.40 846.60 +0.6%
UPL Ltd. Consolidated 2021-03 3,453.00 790.05 -0.1%
PI Industries Ltd. Consolidated 2020-03 455.80 3,334.95 +0.5%
Aarti Industries Ltd. Consolidated 2020-03 546.76 975.05 +2.8%
Kansai Nerolac Paints Ltd. Consolidated 2021-03 525.72 635.25 +1.0%