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- Fertilizers
- FACT
FACT
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India fertiliser company in talks to buy phosphate from Togo, sources say
By Nidhi Verma
NEW DELHI, March 6 (Reuters) - India's Fertilisers And Chemicals Travancore FCTL.NS is in talks to sign a three-year contract to buy rock phosphate from Togo, to widen its supply sources, three people with direct knowledge of the matter said.
In what would mark an Indian company's first long-term fertiliser deal with the African nation, FACT is looking to buy 250,000 metric tons per year of rock phosphate for three years from Societe Nouvelle des Phosphates du Togo (SNPT), the sources said.
FACT and SNPT did not respond to Reuters email seeking comments.
Indian firms are keen to sign long-term fertiliser import deals to hedge against price volatility and supply shortages of soil nutrients needed for the country's huge agriculture sector, which accounts for 15% of $2.7 trillion economy.
FACT last month signed a non-binding agreement to buy rock phosphate from SNPT, the sources said.
All details except pricing have been finalised, they said, adding that the contract has a provision for quarterly price negotiations.
India's rock phosphate imports from Togo have risen steadily over the past few years, with purchases made on a spot basis.
In the fiscal year to March 31, 2024, Indian companies imported a total 1.1 million tons of rock phosphate from Togo, up about 30% from the previous year, data compiled by Fertiliser Association of Indian shows.
(Reporting by Nidhi Verma; Editing by Sonali Paul)
(([email protected]; +91 11 49548031; Reuters Messaging: [email protected]))
By Nidhi Verma
NEW DELHI, March 6 (Reuters) - India's Fertilisers And Chemicals Travancore FCTL.NS is in talks to sign a three-year contract to buy rock phosphate from Togo, to widen its supply sources, three people with direct knowledge of the matter said.
In what would mark an Indian company's first long-term fertiliser deal with the African nation, FACT is looking to buy 250,000 metric tons per year of rock phosphate for three years from Societe Nouvelle des Phosphates du Togo (SNPT), the sources said.
FACT and SNPT did not respond to Reuters email seeking comments.
Indian firms are keen to sign long-term fertiliser import deals to hedge against price volatility and supply shortages of soil nutrients needed for the country's huge agriculture sector, which accounts for 15% of $2.7 trillion economy.
FACT last month signed a non-binding agreement to buy rock phosphate from SNPT, the sources said.
All details except pricing have been finalised, they said, adding that the contract has a provision for quarterly price negotiations.
India's rock phosphate imports from Togo have risen steadily over the past few years, with purchases made on a spot basis.
In the fiscal year to March 31, 2024, Indian companies imported a total 1.1 million tons of rock phosphate from Togo, up about 30% from the previous year, data compiled by Fertiliser Association of Indian shows.
(Reporting by Nidhi Verma; Editing by Sonali Paul)
(([email protected]; +91 11 49548031; Reuters Messaging: [email protected]))
Fertilisers And Chemicals Travancore Dec-Quarter Consol Profit 80 Mln Rupees
Feb 14 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE DEC-QUARTER CONSOL PROFIT 80 MILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.49 BILLION RUPEES
Source text: [ID:]
Further company coverage: FCTL.NS
(([email protected];))
Feb 14 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE DEC-QUARTER CONSOL PROFIT 80 MILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.49 BILLION RUPEES
Source text: [ID:]
Further company coverage: FCTL.NS
(([email protected];))
Fertilisers And Chemicals Travancore Sept-Quarter Consol Profit 111.8 Mln Rupees
Nov 8 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
SEPT-QUARTER CONSOL PROFIT 111.8 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14.49 BILLION RUPEES
Source text: ID:nNSEc5Qvyb
Further company coverage: FCTL.NS
(([email protected];;))
Nov 8 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
SEPT-QUARTER CONSOL PROFIT 111.8 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14.49 BILLION RUPEES
Source text: ID:nNSEc5Qvyb
Further company coverage: FCTL.NS
(([email protected];;))
Fertilisers And Chemicals Travancore June-Quarter Consol Loss 486.7 Million Rupees
Aug 13 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE LTD JUNE-QUARTER CONSOL LOSS 486.7 MILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FCTL.NS
(([email protected];))
Aug 13 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE LTD JUNE-QUARTER CONSOL LOSS 486.7 MILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FCTL.NS
(([email protected];))
Fertilisers And Chemicals Travancore Says Got Consent To Recover 883.6 Million Rupees
July 5 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE - GOT CONSENT TO RECOVER 883.6 MILLION RUPEES
Source text for Eikon: ID:nNSE15qLD7
Further company coverage: FCTL.NS
(([email protected];))
July 5 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE - GOT CONSENT TO RECOVER 883.6 MILLION RUPEES
Source text for Eikon: ID:nNSE15qLD7
Further company coverage: FCTL.NS
(([email protected];))
Fertilisers And Chemicals Travancore Gets Order For Provisional Recovery Of 3.94 Billion Rupees
June 4 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE - GOT ORDER FOR PROVISIONAL RECOVERY OF 3.94 BILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE LTD - CO HAS GIVEN REPRESENTATION TO DOF FOR NOT INITIATING RECOVERY
Source text for Eikon: ID:nNSE9kX6bL
Further company coverage: FCTL.NS
(([email protected];))
June 4 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISERS AND CHEMICALS TRAVANCORE - GOT ORDER FOR PROVISIONAL RECOVERY OF 3.94 BILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE LTD - CO HAS GIVEN REPRESENTATION TO DOF FOR NOT INITIATING RECOVERY
Source text for Eikon: ID:nNSE9kX6bL
Further company coverage: FCTL.NS
(([email protected];))
Fertilisers And Chemicals Travancore Sept-Quarter Consol Profit Falls
Nov 6 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
SEPT-QUARTER CONSOL PROFIT 1.05 BILLION RUPEES VERSUS 1.45 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 16.63 BILLION RUPEES VERSUS 19.35 BILLION RUPEES
Further company coverage: FCTL.NS
(([email protected];))
Nov 6 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
SEPT-QUARTER CONSOL PROFIT 1.05 BILLION RUPEES VERSUS 1.45 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 16.63 BILLION RUPEES VERSUS 19.35 BILLION RUPEES
Further company coverage: FCTL.NS
(([email protected];))
India's Fertilisers And Chemicals Travancore June-Qtr Consol Profit Falls
Aug 10 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
INDIA'S FERTILISERS AND CHEMICALS TRAVANCORE JUNE-QUARTER CONSOL PROFIT 718.1 MILLION RUPEES VERSUS PROFIT 1.37 BILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.33 BILLION RUPEES VERSUS 12.92 BILLION RUPEES
Source text for Eikon: ID:nNSE8Nb1fF
Further company coverage: FCTL.NS
(([email protected];;))
Aug 10 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
INDIA'S FERTILISERS AND CHEMICALS TRAVANCORE JUNE-QUARTER CONSOL PROFIT 718.1 MILLION RUPEES VERSUS PROFIT 1.37 BILLION RUPEES
FERTILISERS AND CHEMICALS TRAVANCORE JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.33 BILLION RUPEES VERSUS 12.92 BILLION RUPEES
Source text for Eikon: ID:nNSE8Nb1fF
Further company coverage: FCTL.NS
(([email protected];;))
Fertilisers And Chemicals Travancore March-Qtr Consol Profit Falls
May 5 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FINAL DIVIDEND 1 RUPEES PER SHARE
MARCH-QUARTER CONSOL PROFIT 1.66 BILLION RUPEES VERSUS PROFIT 2.27 BILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.49 BILLION RUPEES VERSUS 16.93 BILLION RUPEES
Source text for Eikon: ID:nNSE7HGqh1
Further company coverage: FCTL.NS
(([email protected];))
May 5 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FINAL DIVIDEND 1 RUPEES PER SHARE
MARCH-QUARTER CONSOL PROFIT 1.66 BILLION RUPEES VERSUS PROFIT 2.27 BILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.49 BILLION RUPEES VERSUS 16.93 BILLION RUPEES
Source text for Eikon: ID:nNSE7HGqh1
Further company coverage: FCTL.NS
(([email protected];))
Fertilisers And Chemicals Travancore Says Fertiliser Production Stood At 1.07 Million MT And Caprolactum Production At 45,000 MT In 2022-23
April 3 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISER PRODUCTION STOOD AT 1.07 MILLION MT AND CAPROLACTUM PRODUCTION AT 45,000 MT IN 2022-23
SALES TURNOVER OF CO CROSSED 61 BILLION RUPEES IN FY 2022-23
Source text for Eikon: ID:nNSE2h2Gfp
Further company coverage: FCTL.NS
(([email protected];))
April 3 (Reuters) - Fertilisers And Chemicals Travancore Ltd FCTL.NS:
FERTILISER PRODUCTION STOOD AT 1.07 MILLION MT AND CAPROLACTUM PRODUCTION AT 45,000 MT IN 2022-23
SALES TURNOVER OF CO CROSSED 61 BILLION RUPEES IN FY 2022-23
Source text for Eikon: ID:nNSE2h2Gfp
Further company coverage: FCTL.NS
(([email protected];))
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What does Fert Chem Travancore do?
FACT, established in 1943, has evolved into a multi-division company under Kerala State PSU, focusing on manufacturing and marketing of fertilisers, petrochemicals, engineering consultancy, and industrial equipment fabrication.
Who are the competitors of Fert Chem Travancore?
Fert Chem Travancore major competitors are Coromandel Interntl., Chambal Fert & Chem, Deepak Fert & Petro, Paradeep Phosphates, RCF, GSFC, GNFC. Market Cap of Fert Chem Travancore is ₹47,835 Crs. While the median market cap of its peers are ₹11,452 Crs.
Is Fert Chem Travancore financially stable compared to its competitors?
Fert Chem Travancore seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Fert Chem Travancore pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Fert Chem Travancore latest dividend payout ratio is 42.94% and 3yr average dividend payout ratio is 26.75%
How has Fert Chem Travancore allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory
How strong is Fert Chem Travancore balance sheet?
Balance sheet of Fert Chem Travancore is strong. But short term working capital might become an issue for this company.
Is the profitablity of Fert Chem Travancore improving?
No, profit is decreasing. The profit of Fert Chem Travancore is -₹90.69 Crs for TTM, ₹146 Crs for Mar 2024 and ₹613 Crs for Mar 2023.
Is the debt of Fert Chem Travancore increasing or decreasing?
Yes, The debt of Fert Chem Travancore is increasing. Latest debt of Fert Chem Travancore is -₹832.22 Crs as of Sep-24. This is greater than Mar-24 when it was -₹4,070.79 Crs.
Is Fert Chem Travancore stock expensive?
Fert Chem Travancore is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Fert Chem Travancore is 0.0, while 3 year average PE is 51.33. Also latest EV/EBITDA of Fert Chem Travancore is 996 while 3yr average is 154.
Has the share price of Fert Chem Travancore grown faster than its competition?
Fert Chem Travancore has given lower returns compared to its competitors. Fert Chem Travancore has grown at ~44.99% over the last 2yrs while peers have grown at a median rate of 47.16%
Is the promoter bullish about Fert Chem Travancore?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Fert Chem Travancore is 90.0% and last quarter promoter holding is 90.0%.
Are mutual funds buying/selling Fert Chem Travancore?
The mutual fund holding of Fert Chem Travancore is decreasing. The current mutual fund holding in Fert Chem Travancore is 0.03% while previous quarter holding is 0.04%.