Best Fertilizer Stocks in India in April 2025 – 5Y CAGR Basis

India’s fertilizer industry is on a steady growth trajectory, projected to reach ₹1.38 lakh crore by 2032, growing at a CAGR of 4.2% between 2024 and 2032. As of 2023, the market size stood at ₹94,210 crore, fueled by increasing agricultural demand and favorable government policies. India benefits from initiatives such as PM-KISAN and PM-Garib Kalyan Yojana, which have boosted farmers’ liquidity and encouraged higher fertilizer usage. In this article, check the best fertilizer stocks in India for April  2025 based on 5yr CAGR and other parameters like debt-to-equity ratio and net profit margin.

Best Fertilizer Stocks in India in April 2025 – 5yr CAGR Basis

Note: The best fertilizer stocks in India listed here as of April 4, 2025. The stocks are picked from a market cap of over ₹2,000 crore, with positive 1-yr returns and positive Return on Equity. The stocks are sorted based on 5yr CAGR. 

Overview of Best Fertilizer Stocks in India in April 2025 in India

1. Madhya Bharat Agro Products Ltd

Madhya Bharat Agro Products Ltd is a part of the Ostwal Group. The company is engaged in the business of manufacturing fertilizer and chemical products. In Q3 FY 2025, the company’s revenue rose by 16.4% YoY to ₹283.7 crore, while profit after tax (PAT) surged 1,276.9% YoY to ₹17.9 crore. 

Key metrics: 

• Return on Equity (ROE): 7.31%
• Return on Capital Employed (ROCE): 17.33%

2. Deepak Fertilisers and Petrochemicals Corp Ltd

Deepak Fertilisers and Petrochemicals Corporation Ltd is engaged in the business of fertilisers, agri services, bulk chemicals, mining chemicals and real estate. In Q3 FY 2025, the company’s consolidated revenues grew 39% YoY to ₹2,579 crore, while net profit rose 318% YoY to ₹253 crore. 

Key metrics: 

• ROE: 8.32%
• ROCE: 12.32%

3. Mangalore Chemicals and Fertilisers Ltd

Mangalore Chemicals and Fertilizers Limited (MCF), a subsidiary of Zuari Fertilisers and Chemicals Limited under the Adventz Group, is primarily involved in the manufacturing, procurement, and sale of fertilizers. The company reported financial performance with a revenue from operations of ₹968 crore, marking a 51% year-on-year growth. PAT came in at ₹57 crore, up from ₹33 crore in the previous year, registering a 74% Y-o-Y growth. 

Key metrics: 

• ROE: 17.76%
• ROCE: 25.16%

4. Chambal Fertilisers and Chemicals Ltd

Chambal Fertilisers & Chemicals Ltd is involved in the manufacturing of urea at its own plants and also markets other fertilizers and agri-inputs. Additionally, it has a joint venture in Morocco for phosphoric acid production. For Q3 FY 2025, the company’s standalone revenue increased by 13% YoY to ₹4,918 crore. PAT also showed growth of 25% YoY, reaching ₹505 crore.

Key metrics: 

• ROE: 17.63%
• ROCE: 21.75%

5. Sharda Cropchem Ltd

Sharda Cropchem is primarily involved in exporting agrochemicals, including technical-grade products and formulations, as well as non-agro items like conveyor belts, rubber belts and sheets, dyes, and dye intermediates to multiple countries worldwide. In Q3 FY25, Sharda Cropchem reported a revenue of ₹929.3 crore, marking a 47% year-on-year growth compared to ₹632.5 crore in Q3 FY24. The company also recorded a rise in gross profit, which increased by 84% to ₹304.2 crore from ₹165.6 crore in the same quarter last year.

Key metrics: 

• ROE: 1.43%
• ROCE: 3.92%

Best Fertilizer Stocks in India in April 2025 – Net Profit Margin Basis

Note: The best fertilizer stocks in India listed here are as of April 4, 2025. The stocks are picked from a market cap of over ₹2,000 crore and are sorted based on net profit margin. 

Best Fertilizer Stocks in India in April 2025 – Return on Investment Basis

Note: The best fertilizer stocks in India listed here are as of April 4, 2025. The stocks are picked from a market cap of over ₹2,000 crore and are sorted based on return on investment. 

Fertilizer Sector Growth in India

India’s fertilizer sector plays a vital role in driving agricultural growth and ensuring food security. The industry is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching ₹1.38 lakh crore by 2032. This growth is fueled by rising agricultural demand and supportive government initiatives.

In FY24, fertilizer production in India stood at 45.2 million tonnes, showcasing the effectiveness of these policies. As the world’s second-largest producer of fruits and vegetables, India benefits from government schemes like PM-KISAN and PM-Garib Kalyan Yojana, which enhance farmer liquidity and encourage greater investment in fertilizers. These efforts are further supported by the United Nations Development Programme to strengthen food security.

Conclusion

Apart from these, there can be other companies involved in the fertilizer sector in India. Before investing in fertilizer stocks, you should make sure it aligns with your investment objectives and risk appetite.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.