NSEI:RCF

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Rashtriya Chemicals and Fertilizers

Executive Summary

Rashtriya Chemicals and Fertilizers Limited manufactures and sells fertilizers and industrial chemicals primarily in India. More Details


Snowflake Analysis

Proven track record average dividend payer.

Share Price & News

How has Rashtriya Chemicals and Fertilizers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RCF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.3%

RCF

1.1%

IN Chemicals

-1.6%

IN Market


1 Year Return

-22.3%

RCF

16.4%

IN Chemicals

-2.2%

IN Market

Return vs Industry: RCF underperformed the Indian Chemicals industry which returned 16.4% over the past year.

Return vs Market: RCF underperformed the Indian Market which returned -2.2% over the past year.


Shareholder returns

RCFIndustryMarket
7 Day-3.3%1.1%-1.6%
30 Day-3.8%3.1%1.7%
90 Day-9.3%14.9%6.2%
1 Year-22.3%-22.3%19.1%16.4%-0.4%-2.2%
3 Year-53.8%-55.0%35.8%27.4%-4.4%-9.0%
5 Year-4.1%-9.7%144.0%123.5%40.4%29.8%

Price Volatility Vs. Market

How volatile is Rashtriya Chemicals and Fertilizers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Rashtriya Chemicals and Fertilizers undervalued compared to its fair value and its price relative to the market?

10.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RCF (₹42.35) is trading above our estimate of fair value (₹18.31)

Significantly Below Fair Value: RCF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RCF is good value based on its PE Ratio (10.6x) compared to the IN Chemicals industry average (15.3x).

PE vs Market: RCF is good value based on its PE Ratio (10.6x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RCF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RCF is good value based on its PB Ratio (0.7x) compared to the IN Chemicals industry average (1.2x).


Next Steps

Future Growth

How is Rashtriya Chemicals and Fertilizers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rashtriya Chemicals and Fertilizers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Rashtriya Chemicals and Fertilizers performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RCF has a large one-off loss of ₹1.0B impacting its June 30 2020 financial results.

Growing Profit Margin: RCF's current net profit margins (2.5%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: RCF's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: RCF's earnings growth over the past year (84%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: RCF earnings growth over the past year (84%) exceeded the Chemicals industry -2.1%.


Return on Equity

High ROE: RCF's Return on Equity (6.9%) is considered low.


Next Steps

Financial Health

How is Rashtriya Chemicals and Fertilizers's financial position?


Financial Position Analysis

Short Term Liabilities: RCF's short term assets (₹72.5B) exceed its short term liabilities (₹58.3B).

Long Term Liabilities: RCF's short term assets (₹72.5B) exceed its long term liabilities (₹12.8B).


Debt to Equity History and Analysis

Debt Level: RCF's debt to equity ratio (147.1%) is considered high.

Reducing Debt: RCF's debt to equity ratio has increased from 82.2% to 147.1% over the past 5 years.

Debt Coverage: RCF's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RCF's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Rashtriya Chemicals and Fertilizers's current dividend yield, its reliability and sustainability?

6.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RCF's dividend (6.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: RCF's dividend (6.71%) is in the top 25% of dividend payers in the Indian market (2.32%)


Stability and Growth of Payments

Stable Dividend: RCF's dividend payments have been volatile in the past 10 years.

Growing Dividend: RCF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.1%), RCF's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Shriniwas Mudgerikar

1

Tenure

Shri Shriniwas Chandrastiekhar Mudgerikar has been Chairman and Managing Director of Rashtriya Chemicals and Fertilizers Limited since October 01, 2019. Shri Mudgerikar has remained an Indian Railway Traff ...


Leadership Team

NamePositionTenureCompensationOwnership
Umesh Dongre
Director of Finance2.58yrs₹4.23mno data
Sudhir Panadare
Director of Technical & Whole Time Director2.83yrs₹5.48m0.000040%
₹ 9.3k
Jai Sharma
Company Secretary & Compliance Officer3yrs₹2.36mno data
Shriniwas Mudgerikar
Chairman & MD1yrno datano data
Milind Deo
Executive Director of Operationno datano datano data
Siddharth Potpose
General Manager of HR & Administrationno datano datano data
Nuhu Kurane
Executive Director of Marketingno datano datano data
Arun Nawade
Executive Director of HR & CSOno datano datano data
Shashikant Salve
Chief Engineer of Chemno datano datano data
Abhay Lonkar
Chief General Manager of Utility & Projects-Thalno datano datano data
Hemant Kulkarni
Chief General Manager of HR & Admn. - Thalno datano datano data
Milind Meshram
Chief General Manager of IPDno datano datano data

2.6yrs

Average Tenure

59yo

Average Age

Experienced Management: RCF's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Umesh Dongre
Director of Finance2.58yrs₹4.23mno data
Sudhir Panadare
Director of Technical & Whole Time Director2.83yrs₹5.48m0.000040%
₹ 9.3k
Shriniwas Mudgerikar
Chairman & MD1yrno datano data
Koppurath Thankachen
Director of Marketing & Whole Time Director1.83yrs₹3.82mno data
Alka Tiwari
Government Nominee Director3.58yrsno datano data
Shambhu Kumar
Non-Official Independent Director1.58yrs₹50.00kno data
Anil Singh
Non-Official Independent Director1.58yrs₹25.00kno data
Shashi Bharti
Independent Director0.25yrno datano data
Aparna Sharma
Government Nominee Directorno datano datano data

1.7yrs

Average Tenure

58.5yo

Average Age

Experienced Board: RCF's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rashtriya Chemicals and Fertilizers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rashtriya Chemicals and Fertilizers Limited
  • Ticker: RCF
  • Exchange: NSEI
  • Founded: 1978
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹23.336b
  • Shares outstanding: 551.69m
  • Website: https://www.rcfltd.com

Number of Employees


Location

  • Rashtriya Chemicals and Fertilizers Limited
  • Priyadarshini Building
  • 10th floor
  • Mumbai
  • Maharashtra
  • 400022
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
524230BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1998
RCFNSEI (National Stock Exchange of India)YesEquity SharesININRJan 1998

Biography

Rashtriya Chemicals and Fertilizers Limited manufactures and sells fertilizers and industrial chemicals primarily in India. The company operates through Fertilizers, Industrial Chemicals, and Trading segme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 12:41
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.