All of you know that, Agriculture is the most important way of Indian economy. About 58% of India’s Population depends on it for their the best source of livelihood, Agriculture Inputs industry such as fertilizers’ is incredibly necessary for farming in the India. It initiated the most important raw material necessary for agriculture production.
The Fertilizers industry is mainly flourishing due to the enhaced and indiscriminate usage of fertilizers for better yields & feeding the ever-increasing population of India.
Moreover, all of us are awaiting Union Budget 2022-23 and it is expected that the government will allocate $19 billion to compensate Fertilizers componies who sell their products at minimum than market prices to farmers. Due to these reasons, Investing in Fertilizer stocks can be very profitable for you.
Best Fertilizer Stocks in India:
In this content, we have given listed for you the best fertilizer companies in India whose stocks can pay the best returns.
Chambal Fertilizers and Chemicals
Chambal Fertilizers and Chemicals is a urea and di-ammonium phosphate producer (DAP). Have the ability of 1.5 million tons per year, it is the highest urea producer in the private sector (MTPA).
Fertilizers and other agricultural inputs, own-manufactured phosphoric acid, textiles, shipping, and other businesses are among the company's segments.
It was also containing in the software industry. However, in 2021, the company sold assets and transferred significant obligations in order to terminate software activities. The company has a nationwide distribution network of 3,700 dealers and 50,000 merchants.
Jammu and Kashmir, Haryana, Uttarakhand, Punjab, Uttar Pradesh, Bihar, West Bengal, Madhya Pradesh, Rajasthan, and others are among the states where it available. It has access to 90 percentage of the total fertilizer market in the country.
Coromandel International:
The Murugappa Group owns Coromandel International. Auto components, abrasives, financial services, transmission systems, cycles, sugars, farm inputs, fertilizers, plantations, and other industries are all represented by the company.
The organization is a top agri-solutions provider in India. Across the farming value chain, it offers a varied range of products and services. Fertilizers, crop protein, bio-pesticides, specialty nutrients, organic fertilizers, and other products are among its specialties. The company sells its products through a network of 20,000 dealers and has a market development team of over 2,000 people.
It has 16 manufacturing sites in Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, and other states across India. Because of expected increase in the Rabi season, the company's profitability prospects appear to be better.
Rama Phosphates (RPL)
Rama Phosphates (RPL) is a leading phosphatic fertilizer manufacturer in India, specializing in single super phosphate (SSP) fertilizers.
The company also creates Oleum, Nitrogen, Phosphorous, And Potassium (NPK), de-oiled cake, and Soya oil. 'Suryaphool' and 'Girnar,' are the company's hallmark brands and are well-known among farmers. Rama Phosphates' net profit increased by 101.1 percent to 227.2 million in the third quarter of 2021, compared to 113 million in the previous quarter of 2020. Higher operational revenue contributed to the company's strong performance.
Dharamsi Morarji Chemical Company
Dharamsi Morarji Chemical Company prepare the bulk and specialized chemicals for sectors such as Medicines, Detergents, and dyes, among others.
This smallcap company was one of the first in India to manufacturing sulphuric acid and phosphate fertilizers.
It is a multi-product, multi-locational corporation that has grown to become India's highest producer of Single Sugar Phosphate as well as a main producer of heavy chemicals. It has two manufacturing plants, one built in Roha and the other built in Dahej. Alkyl Amines, IPCA, Apcotex, Aurobindo, Dow, Deepak Nitrite, Pidilite, and others are amo the company's important clients.
Deepak Fertilisers and Petrochemicals
Deepak Fertilisers and Petrochemicals (DFPCL) is an Indian chemical, crop nutrition, and fertilizer business. It also has real estate holdings. Since 1990, the company has marketed fertilizers under the 'Mahadhan' brand.
Deepak Fertilizers is one of India's leading chemical manufacturers. Technical ammonium nitrate (mine chemicals), industrial chemicals, and crop nutrition are all manufactured by the company. Explosives, mining, infrastructure, and healthcare all employ these items.
The Chief Minister Odisha's Naveen Patnaik latest lay the foundation stone for a 22 billion technological ammonium nitrate complex, according to Deepak Fertilisers' Smartchem Technologies, a wholly-owned subsidiary. The project, which will be prepared in the Gopalpur Industrial Park, would have a 377-kilo tonne annual capacity and will be operational by August 2024.