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CHAMBLFERT - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.1

Stock Code CHAMBLFERT Market Cap 17,611 Cr. Current Price 439 ₹ High / Low 742 ₹
Stock P/E 9.25 Book Value 241 ₹ Dividend Yield 2.28 % ROCE 27.6 %
ROE 20.3 % Face Value 10.0 ₹ DMA 50 443 ₹ DMA 200 482 ₹
Chg in FII Hold -2.68 % Chg in DII Hold 0.65 % PAT Qtr 565 Cr. PAT Prev Qtr 602 Cr.
RSI 50.6 MACD -5.89 Volume 11,22,185 Avg Vol 1Wk 10,33,429
Low price 400 ₹ High price 742 ₹ PEG Ratio 1.23 Debt to equity 0.00
52w Index 11.6 % Qtr Profit Var 11.9 % EPS 47.5 ₹ Industry PE 17.9

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT declined from 602 Cr. to 565 Cr., showing short-term weakness. EPS at 47.5 ₹ remains strong, supported by consistent profitability.
  • Margins & Returns: ROE at 20.3% and ROCE at 27.6% are excellent, reflecting strong efficiency and shareholder returns.
  • Debt Profile: Debt-to-equity ratio of 0.00 indicates a debt-free balance sheet, ensuring financial stability.
  • Cash Flow: Dividend yield of 2.28% highlights healthy cash generation and shareholder-friendly policies.

💹 Valuation Indicators

  • P/E Ratio: 9.25 vs Industry PE of 17.9 → undervalued relative to peers.
  • P/B Ratio: Current Price 439 ₹ vs Book Value 241 ₹ → P/B ~1.82, reasonable for the sector.
  • PEG Ratio: 1.23 → suggests fair valuation relative to growth prospects.
  • Intrinsic Value: Appears undervalued compared to industry benchmarks, offering entry potential.

🏢 Business Model & Competitive Advantage

  • Chambal Fertilisers operates in agrochemicals and fertilizers, benefiting from India’s agricultural demand.
  • Debt-free structure and strong ROE/ROCE provide resilience and efficiency.
  • Competitive advantage lies in scale, distribution network, and consistent profitability.

📈 Technical & Entry Zone

  • Stock trading at 439 ₹, near 50 DMA (443 ₹) and below 200 DMA (482 ₹).
  • RSI at 50.6 indicates neutral momentum; MACD negative suggests mild short-term weakness.
  • Entry Zone: Attractive between 420–440 ₹ for accumulation, with long-term holding potential.

✅ Positive

  • Debt-free balance sheet ensures financial stability.
  • Strong ROE (20.3%) and ROCE (27.6%).
  • Undervalued compared to industry PE.

⚠️ Limitation

  • Quarterly PAT decline from 602 Cr. to 565 Cr. shows short-term weakness.
  • FII holdings decreased (-2.68%), reflecting cautious foreign sentiment.

📉 Company Negative News

  • No major recent negative news, but profit decline and reduced FII holdings raise caution.

📈 Company Positive News

  • Increase in DII holdings (+0.65%) signals domestic institutional confidence.
  • Strong dividend yield (2.28%) supports shareholder returns.

🏭 Industry

  • Fertilizer sector benefits from government support and agricultural demand.
  • Industry PE at 17.9 indicates moderate valuations compared to Chambal’s undervaluation.
  • Competition from other agrochemical and fertilizer companies remains a challenge.

🔮 Conclusion

  • CHAMBLFERT shows strong fundamentals with debt-free status, high returns, and undervaluation relative to peers.
  • Short-term profit decline and reduced FII interest are risks but manageable given sectoral demand.
  • Recommendation: Accumulate in the 420–440 ₹ range for long-term holding, focusing on agricultural growth and government-backed demand.

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