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List of major fertiliser stocks in India

09 Dec 2023 Zinkpot 1476
List of major fertiliser stocks in India
  1. The agricultural and fertilizer industry in India is one of the largest in the world. It accounts for about 15% of India's GDP, and over 70% of the output comes from small-scale farmers. The sector employs about 1.97 million people, accounting for over 6% of total employment in India.
  2. India’s fertilizer industry comprises various government and private fertilizer companies that produce a variety of fertilizers. The Indian fertilizer market was valued at INR 990.40 Bn in 2022 and is expected to reach INR 1459.95 Bn by 2029, at a CAGR of 5.7% during the forecast period.
  3. In India, the fertilizer sector stocks are pretty diverse and there are many opportunities for investors to make money from the sector by investing in fertilizer stocks in India. The top fertilizer stocks to buy in India are:
    • Coromandel International Limited: This company is engaged in the manufacturing and trading of farm inputs consisting of fertilizers, crop protection, specialty nutrients, and organic compost. The fertilizer range includes nitrogen, phosphate, calcium, and potassium in various grades. It holds a market cap of Rs 36,510 crore with a share price of Rs 1224.75.
    • Chambal Fertilizers: It is an India-based company that is engaged in the production of urea in its three plants located at Gadepan in Kota District of Rajasthan. This company is also engaged in the marketing of other fertilizers and agri-inputs, such as di-ammonium phosphate (DAP), muriate of potash (MOP), ammonium phosphate sulfate (APS), and others. The share price of this stock stands at Rs 341.90.
    • Gujarat Narmada Valley Fertiliser: The share price of this company stands at Rs 718.55. This company manufactures and sells fertilizers, and industrial chemical products, and provides IT services. The company’s segments include fertilizers, chemicals, and others. The fertilizer segment is engaged in the manufacturing of urea and ammonium nitro phosphate, which is marketed under the brand, Bharat.
    • Deepak Fertilisers: With a share price of Rs 645.10, this company is primarily engaged in the business of manufacturing, trading, and sale of bulk chemicals. The company operates through 3 segments: chemicals, bulk fertilizers, and realty. The fertilizer segment offers products such as nitrophosphate, MOP, DAP, single super phosphate, sulfur, micronutrients, and biofertilizers.
    • Fertilisers and Chemicals Travancore Limited: This company is associated with the manufacturing of fertilizer and chemicals. It operates through two segments: fertilizer and petrochemical. The fertilizer segment comprises ammonium phosphate, ammonium sulfate, mixtures, and MOP. Its share price stands at Rs 758.20. 
    • Some of the other stocks from this sector that the investor can consider investing in are Tata Chemicals Limited, National Fertilisers Limited, Rashtriya Chemicals and Fertilisers Limited, etc.
  4. Investing in fertilizer stocks in India can be a viable option due to the country's significant agricultural industry and the government's focus on boosting agricultural productivity. The fertilizer sector in India has seen fluctuations in recent years but offers opportunities for investors to benefit from its growth potential. 
  5. The government's plans to increase subsidies on hybrid seeds and organic fertilizers, along with the rising rural demand, make fertilizer stocks attractive for investment.
     

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