Mangalore Chemicals & Fertilizers Limited (MCF) is the largest manufacturer of chemical fertilizers in the state of Karnataka, India. The company is a subsidiary of Zuari Agro Chemicals Limited, an Adventz group company, which holds 53.03% equity shares and is part of the larger Adventz Group. MCF was originally incorporated in 1966 as Malabar Chemical & Fertilisers Pvt Ltd, initially part of the UB Group.
The company operates with a strong commitment to improving agricultural productivity, benefiting millions of farmers across southern India. Its corporate and registered office is located at UB City, Bangalore, and its factory unit is in Panambur, north of Mangalore. MCF boasts an annual production capacity of 6,91,000 MT, solidifying its position as a leading manufacturer of chemical fertilizers in the region.
Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers. The company maintains a diversified product portfolio spanning multiple categories to serve the agricultural sector comprehensively.
The primary fertilizer products include Mangala Urea, Mangala DAP, Mangala SSP, and others essential for various crops. MCF deals with a wide range of fertilizers such as urea, Diammonium phosphate, granulated fertilizers, liquid fertilizers, soil conditioners, Muriate of potash, soil micronutrients, and specialty fertilizers. It also produces food-grade Ammonium bicarbonate and industrial chemicals like Sulphuric acid and Sulphonated granulated fertilizers.
Beyond traditional fertilizers, MCF has expanded into specialized agricultural solutions, offering Plant Nutrition Products like Soil Conditioners, Organic Products, Micronutrients, Specialty Agri Products, Water Soluble Fertilizers, and Crop Specific Soil Products. Additionally, the company manufactures Plant Protection Chemicals, including Insecticides, Fungicides, and Herbicides, marketed under the "Mangala Brand PP Chemicals" to prevent crop destruction and damage.
In 2010, MCF diversified its operations by venturing into the manufacture of sulphonated naphthalene formaldehyde (SNF). SNF is a specialty basic chemical largely used in the construction industry for formulating concrete admixtures, which facilitate the dispersion of cement particles and increase the rate of hydration, thereby allowing for less water usage in concrete mixtures.
MCF's marketing offices are strategically located in key agricultural states across India, including Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra. While its fertilizers and Plant Nutrient products are primarily marketed in these states, the food-grade ABC (used mainly in the confectionery industry) and SNF (used in the construction industry) are marketed Pan India as well as in the international market.
The company has established a strong brand presence in the agricultural sector. Its wide range of products is marketed under the popular brand of "Mangla-Jai Kissan," which encompasses Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners, and Specialty Fertilizers & Nutrient products, including Water Soluble Fertilizers.
Mangalore Chemicals & Fertilizers Ltd has a market capitalization of ₹3,153 crore (as of March 2025). The company has demonstrated significant financial achievements in recent periods.
Q4 FY25 Performance Highlights (March 2025):
* Revenue: ₹773.80 crore
* Net Profit: ₹16.03 crore (jumped 231.2% YoY)
* EBITDA: Rose by 12.56% YoY
FY25 Performance:
* Net Profit: Declined 7.18% to ₹143.71 crore in the year ended March 2025, compared to ₹154.82 crore in the previous year (FY24).
* Sales: Declined 12.21% to ₹3,331.90 crore in the year ended March 2025, compared to ₹3,795.44 crore in the previous year (FY24).
The company maintains world-class manufacturing facilities equipped with advanced technology. The design and engineering of its Ammonia/Urea plants were executed by Humphreys & Glasgow Limited, London (now merged with Jacobs Engineering, USA), and their associates. The Phosphatic plant was designed and engineered by Toyo Engineering Corporation, Japan.
The entire complex requires 2 Million Gallons (MG) per day of clarified water, supplied by Mangalore City Corporation from the Netravathi river. To mitigate water shortages, especially during summer, two reservoirs with capacities of 6MG and 18MG were constructed within the factory premises.
The power requirement for the production facility is met by a Captive Power Plant. MCF also commissioned a Gas Conversion Project for its Urea operations in June 2014, costing approximately ₹315 crore, enhancing operational efficiency.
MCF is an ISO 14001 and OHSAS 18001 certified Company, managed by a team of highly dedicated and experienced professionals. As an ISO 14001 certified company, it has installed a waste water recovery facility to treat, recycle, and reuse all sewage and process effluents, thereby achieving zero liquid effluent discharge.
The company has demonstrated a strong commitment to environmental sustainability. It has implemented a rainwater harvesting system and a sewage treatment plant at its township, with the treated sewage water used for gardening purposes. Continuing its green initiative, the company planted an additional 5,000 saplings in the green belt area of its Mangalore factory in 2010.
Promoter holding in Mangalore Chemicals & Fertilizers Ltd has remained stable at 60.62% as of March 2025. The company's 52-week high share price is ₹301.35, and its 52-week low share price is ₹115.95.
The stock has shown remarkable performance over different time periods:
* Last 3 Months: Share price moved up by 47.48% on BSE.
* Last 12 Months: Share price moved up by 97.51% on BSE.
* Last 3 Years: Share price moved up by 132.36% on BSE.
MCF continues to play a vital role in India's agricultural sector, maintaining its position as Karnataka's leading fertilizer manufacturer while expanding its product portfolio and upholding strong environmental standards. The company's strategic focus on innovation, sustainability, and farmer welfare positions it well for continued growth in the Indian agricultural market.
