Khaitan Chemicals and Fertilizers Ltd., established in 1982, is a company in the fertilizer sector that produces single super phosphate (fertilizer), sulphuric acid (chemical), and edible soya oil. The single super phosphate production capacity of the company is 1,113,500 MT, and the sulphuric acid production capacity is 270,600 MT. The company segments include fertilisers and chemicals and specialty chemicals. The company also has a power division, and it produces approximately 3,325 kW electricity per annum. The net worth of the company, as of September 30, 2022, was Rs 276 crore, and the market capitalisation as of November 25, 2022, was Rs 711 crore.
The company is listed on NSE and BSE under the codes KHAICHEM and 507794, respectively.
The board of directors of Khaitan Chemicals and Fertilizers Ltd. include chairman and managing director Shailesh Khaitan, whole-time directors Jagdish Lal Jajoo and Utsav Khaitan, independent directors Prakash Goyal, Balmukund Dakhera, Vijay Gupta, and Veena Chada. The promoter and promoter group of the company hold 74.99% shares, foreign institutions hold 0.22% shares, a 19% stake is held by the public, and the remaining 5.78% shares are held by others.
The total income of Khaitan Chemicals and Fertilizers Ltd. in the financial year ending on March 31, 2022, was Rs 825 crore, while the figure for the previous financial year was Rs 481 crore. The net profit generated in the financial year ending on March 31, 2022, was Rs 80 crore, which grew from the net profit of Rs 26 crore in the previous financial year.
The share prices of Khaitan Chemicals and Fertilizers Ltd. were Rs 74.45 on NSE and Rs 74.50 on BSE as of November 25, 2022. On the same day, the 52-week high and low prices of Khaitan Chemicals and Fertilizers Ltd. shares on NSE were Rs 157 and Rs 49.30, respectively. The share generated a return of -29.19% in the past six months and 19.23% last year.
Peers of Khaitan Chemicals and Fertilizers Ltd. include Solar Industries Ltd., Deepak Nitrite Ltd., Gujarat Alkalies and Chemicals Ltd., and Himadri Specialty Chemicals Ltd.
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