RCF
R C F share price & financials
- Price
- ₹136.65
- Market cap
- ₹6.1k Cr
- Sector
- Chemicals
What R C F does
Rashtriya Chemicals and Fertilizers Limited (RCF) is a 'Mini-Ratna' central public sector undertaking that manufactures and markets nitrogenous and complex fertilizers alongside a diversified range of industrial chemicals. It runs two integrated manufacturing complexes — Trombay in Mumbai and Thal in Raigad district (about 100 km from Mumbai) — producing Urea, complex fertilizers (Suphala), bio-fertilizers, water-soluble fertilizers, micro-nutrients and soil conditioners. Beyond its own output, RCF also trades in imported Urea, DAP, MOP and other phosphatic fertilizers, and separately produces industrial chemicals (nitric acid, ammonia, methylamines, ammonium bicarbonate, AN Melt, argon) used as inputs for dyes, pharmaceuticals, explosives, textiles and other industries. Products reach farmers through a pan-India dealer and distribution network.
Segments
- Fertilizers
- Industrial Chemicals
- Trading
- Manufacturing units
- 2 (Trombay, Mumbai and Thal, Raigad district)
- Dealer network
- 5,800+ dealers across India
- Thal unit installed Urea capacity
- ~2,000 thousand MT/year (2,022 KMT)
- Trombay unit installed Urea capacity
- 330 thousand MT/year
- Suphala (complex fertilizer) installed capacity
- 690 thousand MT/year
- Thal unit site area
- 997 acres (including township)
Quarterly results
Q1 FY27: revenue up 6.4%, net profit up 37.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,290 | 4,518 | 3,730 | 3,371 | 5,293 +23% | 4,236 −6% | 5,581 +50% | 3,586 +6% |
| EBITDA | 202 | 179 | 178 | 158 | 214 +6% | 245 +37% | 324 +82% | 220 +39% |
| Net profit | 79 | 80 | 73 | 54 | 106 +34% | 81 +1% | 189 +159% | 74 +37% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.8% 1Y
1Y: ₹152.28 on 10 Sept 2025 → ₹111.45. High ₹156.03 (16 Sept 2025), low ₹106.67 (30 Mar 2026).
Financials, as filed
Revenue fell 4.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 5.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹21.5k Cr | ₹17.0k Cr | ₹16.9k Cr | ₹18.5k Cr |
| Operating profit | ₹1.5k Cr | ₹514 Cr | ₹675 Cr | ₹941 Cr |
| Operating margin | 6.9% | 3.0% | 4.0% | 5.1% |
| Interest | ₹223 Cr | ₹183 Cr | ₹253 Cr | ₹293 Cr |
| Depreciation | ₹211 Cr | ₹232 Cr | ₹263 Cr | ₹291 Cr |
| Net profit | ₹978 Cr | ₹228 Cr | ₹243 Cr | ₹430 Cr |
| Net margin | 4.6% | 1.3% | 1.4% | 2.3% |
| Cash from operations | ₹787 Cr | ₹-422 Cr | ₹2.4k Cr | ₹-471 Cr |
| Free cash flow | ₹402 Cr | ₹-840 Cr | ₹1.5k Cr | ₹-1.5k Cr |
| ROCE | 21.0% | 6.0% | 7.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹552 Cr | ₹552 Cr | ₹552 Cr | ₹552 Cr | ₹552 Cr | ₹552 Cr |
| Reserves | ₹2.8k Cr | ₹3.3k Cr | ₹4.0k Cr | ₹4.1k Cr | ₹4.4k Cr | ₹4.6k Cr |
| Borrowings | ₹2.1k Cr | ₹3.0k Cr | ₹1.9k Cr | ₹3.3k Cr | ₹2.8k Cr | ₹4.1k Cr |
| Other liabilities | ₹2.2k Cr | ₹3.7k Cr | ₹3.3k Cr | ₹3.6k Cr | ₹5.6k Cr | ₹7.5k Cr |
| Total liabilities | ₹7.7k Cr | ₹10.6k Cr | ₹9.7k Cr | ₹11.5k Cr | ₹13.3k Cr | ₹16.7k Cr |
| Fixed assets | ₹2.2k Cr | ₹2.1k Cr | ₹2.5k Cr | ₹2.6k Cr | ₹3.1k Cr | ₹3.3k Cr |
| Capital work in progress | ₹406 Cr | ₹513 Cr | ₹211 Cr | ₹431 Cr | ₹737 Cr | ₹810 Cr |
| Investments | ₹650 Cr | ₹942 Cr | ₹1.0k Cr | ₹1.0k Cr | ₹1.3k Cr | ₹1.4k Cr |
| Other assets | ₹4.4k Cr | ₹7.0k Cr | ₹6.0k Cr | ₹7.5k Cr | ₹8.2k Cr | ₹11.2k Cr |
| Total assets | ₹7.7k Cr | ₹10.6k Cr | ₹9.7k Cr | ₹11.5k Cr | ₹13.3k Cr | ₹16.7k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +0.15 pp while the public trimmed −0.13 pp. The shareholder count shrank 7% to 3,34,914.
- Promoters
- 75.0%
- FIIs
- 2.4%
- DIIs
- 0.3%
- Public
- 22.3%
Since Jun 2025
- FIIs +0.15 pp
- Public −0.13 pp
- DIIs −0.01 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 2.5%, DIIs 0.3%, Public 22.1%.Dec '23: Promoters 75.0%, FIIs 2.9%, DIIs 0.3%, Public 21.7%.Mar '24: Promoters 75.0%, FIIs 2.6%, DIIs 0.3%, Public 22.1%.Jun '24: Promoters 75.0%, FIIs 2.4%, DIIs 0.3%, Public 22.3%.Sep '24: Promoters 75.0%, FIIs 2.3%, DIIs 0.3%, Public 22.4%.Dec '24: Promoters 75.0%, FIIs 2.3%, DIIs 0.3%, Public 22.4%.Mar '25: Promoters 75.0%, FIIs 2.5%, DIIs 0.3%, Public 22.2%.Jun '25: Promoters 75.0%, FIIs 2.3%, DIIs 0.3%, Public 22.4%.Sep '25: Promoters 75.0%, FIIs 2.3%, DIIs 0.3%, Public 22.4%.Dec '25: Promoters 75.0%, FIIs 2.5%, DIIs 0.4%, Public 22.1%.Mar '26: Promoters 75.0%, FIIs 2.6%, DIIs 0.4%, Public 22.0%.Jun '26: Promoters 75.0%, FIIs 2.4%, DIIs 0.3%, Public 22.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of R C F above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| President Of India | 75.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse R C F
Guides on how to read this kind of business and the numbers that matter.