Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 25 Sep - Board approved ₹797 crore L&T order for ammonia plant revamp over 36 months.
Source: Bse
Rashtriya Chemicals and Fertilizers Limited (RCF)
Micro CapChemicals stocks · Micro cap · NSE
Rashtriya Chemicals and Fertilizers Limited operates in Fertilizers, within the Chemicals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals14 Oct 2026 · screener
Latest result13 Aug, 03:48 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Chemicals P/E 32.2 (n=45)
Technical timing lens
Trend score and candlestick chart
29Bearishfull bear SMA stack · SMA20 -7.1% / mo · RSI oversold · MACD − · near 52W low · sector -5.7pp vs Nifty 500 (3M)
Stock trend: 22
Sector RS: 39
Sector 3M: -11.3% vs Nifty 500 -5.6%
Chemicals FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
RCFD candles · FIT view-24.3%Latest close ₹99.00 on 2026-10-21
Bar
-4.0%
RSI
27
MACD hist
-0.18
52W pos
0%
2026-10-21O ₹103.08H ₹103.08L ₹98.75C ₹99.00Vol 10.9L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RCFNifty ChemicalsNifty 500
- RCF
- -22.4%
- Nifty 500
- -6.5%
- Nifty Chemicals
- -12.2%
- Vs Nifty 500
- -15.9 pp
Chart stats
21 Oct 2026- From 52W high
- -37.0%
- 52W range position
- 0%
- ATR (14)
- 2.7%
- Volume vs 20D
- 1.23x
- Avg traded value
- ₹9.6 Cr
- 20D price channel
- ₹98.8 - ₹111.9
₹157.2
₹98.8 - ₹157.2
₹2.7
Latest completed session
20-session average
27.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST40
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good60
Revenue +6.4% · PAT +37.0% YoY
Technical
Bearish29
Price trend and sector-relative-strength timing.
Valuation
Legacy model-36.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence71
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 60/100Rev +6% YoY · PAT +37% YoY · margin expansion · operating leverage
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹3,586 Cr | +6.4% | -35.8% |
| EBITDA | ₹219 Cr | +38.6% | -32.0% |
| Operating margin | 6.0% | +130 bps | +0 bps |
| PAT | ₹74 Cr | +37.0% | -60.4% |
| PAT margin | 2.1% | +46 bps | -129 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.00
- P/B
- 1.13
- EV/EBITDA
- 7.60
- Market Cap
- 5813.00Cr
Profitability
- ROE
- 7.84%
- ROCE
- 10.40%
- ROA
- 2.67%
- Dividend Y
- 2.20%
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- 2.16%
- Revenue 3Y
- -5.00%
- EPS 3Y
- -24.00%
Balance Sheet
- Debt/Equity
- 0.81
- Interest Coverage
- 3.25×
- Altman Z
- 2.11
- Book Value
- 92.80
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- -471.00 Cr
- EPS TTM
- 8.09
Shareholding
- Promoter Hold
- 75.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 3,586-35.7% vs prev
Net Profit
₹ CrLatest: 74.0-60.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 27.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.6% over last month) — short-term momentum negative.
- RSI(14) at 27 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
19
RS percentile
Stage 4 Downtrend
1M return
-9.0%
3M return
-22.4%
6M return
-24.1%
1Y return
-34.3%
RS 1D
0
RS 20D
-3
Sector rank
#14
Industry rank
#62
Stage evidence
- Price is 19.0% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.6%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 71.12-2.60%
RS vs Nifty 50071
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation19/30
Growth5/25
Quality1/20
Balance Sheet8/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
1
Raw sum
40
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
40/100 · legacy band WATCHLIST
Positive drivers
- Valuation contributes 19/30 to the score.
- Balance sheet contributes 8/15 to the score.
- Cash flow contributes 3/10 to the score.
Main drags
- Fair-value margin of safety is negative at -36.1%.
- Quality is weaker at 1/20; verify the latest quarterly trend.
- Growth is weaker at 5/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
14.0
PB
1.1
EV/EBITDA
7.6
ROE
7.8%
ROCE
10.4%
FCF Yield
—
Debt/Equity
0.8
MoS
-36.1%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
40
Previous: 40
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-36.1%
Previous: -41.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
39
39
39
39
39
39
39
39
39
39
40
40
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹129.97
+23.8% MoS
Growth-justified P/E
9.0
Growth-justified Value
₹72.73
-36.1% MoS
PEG
6.48
Comparable companies
Peers
Business-comparable peers in Chemicals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
NFL
Micro
National Fertilizers Limited
Fertilizers & Chemicals
match 167
38
8.5
7.5%
-42%
WATCHLIST
GNFC
Micro
Gujarat Narmada Valley Fertilizers and Chemicals Limited
Fertilizers & Chemicals
match 166
59
8.2
9.1%
+21%
FAIR VALUE
KRISHANA
Small
Krishana Phoschem Limited
Fertilizers & Chemicals
match 150
60
29.0
38.2%
+15%
UNDERVALUED
MBAPL
Small
Madhya Bharat Agro Products Limited
Fertilizers & Chemicals
match 149
42
46.9
31.3%
-18%
WATCHLIST
PARADEEP
Large
Paradeep Phosphates Limited
Fertilizers & Chemicals
match 148
72
13.8
16.2%
+71%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Rashtriya Chemicals and Fertilizers Limited operates in Fertilizers, within the Chemicals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
71Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 66th percentile of the scored universe and 47th percentile within Chemicals. Main check: cash conversion is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
10 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
66th percentile
overall median 67 · Chemicals: 47th pctile, median 73 · Micro: 46th pctile, median 73
Evidence depth
Financial-only
10 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 75%.
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-471 Cr.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Rashtriya Chemicals and Fertilizers Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 12 Sep - CRISIL reaffirmed RCF's A1+ rating for Rs 21,000 crore bank loan facilities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Advertisment regarding 48th Annual General Meeting(AGM), E-Voting Information and Book Closure
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper Publication of Finacial Result for quarter ended June30,2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.