Latest news about Rashtriya Chemicals & Fertilizers
Rashtriya Chemicals Q1 Results: Net profit up 37% YoY to ₹743 million 2 days ago
Rashtriya Chemicals & Fertilizers reported robust Q1 results with net profit jumping 37% YoY to ₹743 million. Revenue rose 6.4% to ₹35.85 billion, while EBITDA margin expanded significantly to 6.13% from 4.69%, driven by strong operating leverage.
Rashtriya Chemicals & Fertilizers Proposes Amendments for Asset Monetisation and Surplus Fund Investment
Rashtriya Chemicals & Fertilizers has proposed amendments to its rules for monetising assets through REITs, InvITs, and other investment structures. The company is simultaneously seeking broader authority to invest surplus funds across a wider range of securities and assets. The dual proposals are aimed at enhancing asset management flexibility and generating better returns on excess capital.
Rashtriya Chemicals & Fertilizers Ltd (RCF) released Q4 results showing a 3.87% YoY revenue decline to ₹37.30 billion. Net profit fell 25.60% YoY to ₹726.50 million but improved sequentially. EBITDA decreased to ₹1.78 billion, with margin contracting to 4.77%. Despite challenges, RCF declared a final dividend of ₹1.32 per equity share.
27May 25
Government Directs RCF to Boost Fertilizer Production
The Indian government has instructed Rashtriya Chemicals and Fertilizers (RCF) to increase its fertilizer production as part of efforts to ensure adequate domestic supply. This directive may require RCF to review capacity utilization, make operational adjustments, manage resources effectively, and consider financial implications. The move could signal a broader strategy to boost domestic fertilizer production and may have implications for the wider industry.
25Apr 25
RCF to Invest ₹200.00 Crore in Talcher Fertilizers Limited Rights Issue
Rashtriya Chemicals and Fertilizers Limited (RCF) has announced a ₹200 crore investment in Talcher Fertilizers Limited (TFL) through a rights issue, acquiring 19,99,99,630 equity shares. The Cabinet Committee on Economic Affairs has approved a revised total equity investment of ₹2,169.67 crore by RCF in TFL. TFL, a joint venture with RCF holding 31.85% stake, aims to produce 1.26 MMTPA of urea using coal gasification technology. The transaction is expected to be completed by June 2025.
03Apr 25
Rashtriya Chemicals and Fertilizers Expands with New Subsidiary and Approves Joint Venture Loan
Rashtriya Chemicals and Fertilizers Limited (RCF) has announced two major developments. First, the Board has approved the formation of a Wholly Owned Subsidiary focused on organic and innovative inorganic fertilizers, subject to various government approvals. Second, RCF has approved an unsecured inter-corporate loan of up to ₹200.00 crore to Talcher Fertilizers Limited (TFL), a joint venture in which RCF holds a 31.85% stake. The loan is subject to obtaining a No Objection Certificate from State Bank of India.