The Fertilisers and Chemicals Travancore Ltd (FACT), one of the oldest central PSUs in Kerala, has scripted a new chapter in the corporate history by achieving the biggest market capitalisation of ₹30,000 crore among the public sector fertilizer companies in India

FACT scripts new history, achieve market capitalisation of ₹30,000 crore

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

Fertilisers and Chemicals Travancore’s Q3 net up two-fold to Rs 165.79 cr

Fertilisers and Chemicals Travancore (FACT) has made a net profit of ₹136.71 crore for the quarter ending December 2020. This is an all-time high net profit for the company for any given quarter. The

FACT registers record quarterly net profit

Fertilisers and Chemicals Travancore has reported a sales total income from operations of Rs 344.09 crore and a net profit of Rs 314.39 crore for the quarter ended Jun-2018

Fert and Chem standalone Jun-2018 sales at Rs 344.09 crore

It will come up in 481 acres of land owned by the Fertilisers and Chemicals Travancore, the state government said. The park was aimed at making Kochi a hub in petrochemical production chain on par with Jurong in Singapore and industrial complexes in South Korea, it said.

MoU inked for Petrochemcial park in Kochi

Reacting to the news, Fertilisers and Chemicals Travancore rose as much as 6 per cent.

Fertiliser stocks rise after govt seeks additional spending

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The Fertilisers and Chemicals Travancore Limited is engaged in the manufacture and marketing of fertilizers and petrochemicals, engineering consultancy, and design, fabrication and erection of industrial equipment.