National Fertilizers Limited Overview
Pro stress-test →National Fertilizers Limited (NFL) is an Indian central public sector undertaking and the largest government-owned-Urea fertilizer-producer in India. It is a Navratna company, with the Government of India owning a majority stake. The company serves India's agricultural sector through an integrated business model spanning manufacturing, marketing, and distribution.
Strategic Profile
Pro stress-test →The company is the largest urea producer amongst CPSEs in India, and the 2nd largest Urea player in India with a 12% share in the country's total production. NFL is engaged in manufacturing and marketing of urea, Neem-coated urea, bio-fertilizers (solid and liquid) and other allied industrial products like ammonia, nitric acid, ammonium nitrate, sodium nitrite, sodium nitrate etc. Strategic expansions include joint ventures for new ammonia-urea capacity and recent approvals for Bentonite Sulphur production.
Competitive Landscape
Pro stress-test →NFL is the second largest producer of the key fertiliser urea in India. Primary competitors include Rashtriya Chemicals & Fertilizers (RCF), Indian Potash Limited, and private players like Coromandel International and Chambal Fertilisers. NFL's competitive advantage lies in state ownership, integrated value chain, and branded products under the KISAN brand, though it faces margin pressure from commodity cycles and regulatory pricing constraints.
Industry Context
National Fertilizers Limited operates in Agricultural Inputs / Fertilizers / Chemicals.
Key facts
Founded: 1974 · Headquarters: Noida, Uttar Pradesh, India · Employees: 2,511 · Revenue: ₹6,763 Cr (Q2 FY26; 9M FY26 estimated ₹10,500+ Cr) · Market cap: ₹3,798 Cr (~$456M)