🔍

FACT - F A C T

📊 NSE: FACT 🏢 Fertilizers 📅 Last Updated: 12/13/2025 22:02

📢 Recent Corporate Announcements

FACT Clarifies No Undisclosed Information Behind Recent Stock Price Movement

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Mar 2026, 11:01 AM

Fertilizers and Chemicals Travancore Limited (FACT) has responded to a clarification request from the National Stock Exchange regarding recent significant price volatility in its shares. The company stated that it has consistently complied with SEBI (LODR) Regulations, 2015, and has made all necessary disclosures to the exchanges. FACT clarified that it is not aware of any specific undisclosed information or events that could be driving the recent price movement. The management reaffirmed its commitment to providing timely disclosures as per regulatory requirements in the future.

NSE issued a clarification request (Ref: NSE/CM/Surveillance/16566) on March 12, 2026, regarding stock price movement.
FACT submitted its formal response on March 13, 2026, denying knowledge of any specific reasons for the volatility.
The company confirmed full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Management stated that all material information has already been disclosed to the exchanges in a timely manner.

💡 Investors should note that the recent price movement appears to be market-driven rather than based on new fundamental developments. It is advisable to avoid speculative trading based on rumors and focus on the company's official financial performance.

FACT Clarifies Identical Standalone and Consolidated Results Due to JV Losses

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 06 Feb 2026, 04:21 PM

Fertilizers and Chemicals Travancore Limited (FACT) has responded to an NSE clarification request regarding its Q3 FY26 financial results. The exchange questioned why the company's standalone and consolidated figures were identical. FACT explained that its joint venture, FACT-RCF Building Products Limited (FRBL), has incurred continuous losses, leading the company to fully provide for its investment value. Under Ind AS 28, since the share of losses exceeds the investment value, the company has stopped recognizing further losses, resulting in identical standalone and consolidated figures.

NSE sought clarification on identical standalone and consolidated figures for the quarter ended December 31, 2025.
FACT-RCF Building Products Limited (FRBL) joint venture has suffered continuous financial losses.
Investment in the JV has been fully provided for in the books as per Ind AS 28 guidelines.
The company stopped recognizing its share of further losses as the interest in the JV was reduced to zero.
The accounting treatment ensures compliance with Schedule III of the Companies Act, 2013.

💡 Investors should view this as a technical accounting clarification rather than new financial news. The identical reporting confirms that the FRBL joint venture currently has no carrying value on FACT's balance sheet due to accumulated losses.

FACT CMD S. Sakthimani Assumes Additional Charge as Director (Finance) for 1 Year

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 03 Feb 2026, 05:37 PM

Fertilizers and Chemicals Travancore Limited (FACT) has announced that its Chairman and Managing Director, Shri. S. Sakthimani, has taken on the additional responsibility of Director (Finance). This appointment was directed by the Ministry of Chemicals and Fertilizers and became effective on February 3, 2026. The additional charge is slated for a period of one year or until a permanent incumbent is appointed. This move ensures leadership continuity in the finance department during the transition period.

Shri. S. Sakthimani (CMD) assigned additional charge of Director (Finance) effective February 3, 2026
The appointment is valid for 1 year or until a regular incumbent joins the post
Order issued by the Department of Fertilizers, Ministry of Chemicals and Fertilizers, Govt. of India
The change is subject to the approval of the Department of Personnel and Training (ACC)

💡 This is a routine administrative change within a PSU and does not require immediate portfolio action. Investors should watch for the eventual appointment of a permanent Director (Finance) to oversee long-term financial planning.

FACT Appoints Shri S. Sakthimani as Chairman & Managing Director for 5-Year Term

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 02 Feb 2026, 08:44 PM

The Department of Fertilizers has appointed Shri S. Sakthimani as the Chairman and Managing Director of FACT for a five-year tenure effective February 2, 2026. Shri Sakthimani, who previously served as the Director (Finance) at FACT, brings extensive experience from other major PSUs including SAIL and RINL. His appointment ensures leadership continuity as he transitions from a key internal financial role to the top executive position. His diverse background as a Metallurgical Engineer, Cost Accountant, and Company Secretary is expected to support the company's operational and financial strategies.

Shri S. Sakthimani appointed as CMD for a period of 5 years effective February 2, 2026.
Previously served as Director (Finance) at FACT, ensuring internal leadership continuity.
Professional qualifications include Metallurgical Engineering, Cost & Management Accountancy, and Company Secretary.
Prior experience includes senior roles at Cement Corporation of India, SAIL, and Rashtriya Ispat Nigam Limited.

💡 Investors should view this internal promotion as a sign of stability and continuity in management. Monitor for any shifts in strategic priorities or operational efficiency under the new leadership in upcoming quarterly reports.

FACT Announces 2-Year Tenure Extension for Director (Marketing) Anupam Misra

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 02 Feb 2026, 08:37 PM

The Government of India has extended the tenure of Shri. Anupam Misra as Director (Marketing) at Fertilizers and Chemicals Travancore Limited (FACT). The extension is for a period of 2 years starting from July 14, 2025, or until further orders. This move ensures continuity in the company's marketing leadership and strategic initiatives. The decision was communicated via an official order from the Ministry of Chemicals & Fertilizers dated February 2, 2026.

Shri. Anupam Misra granted a 2-year tenure extension as Director (Marketing)
Extension is effective from July 14, 2025, ensuring leadership stability
Order issued by the Department of Fertilizers, Ministry of Chemicals & Fertilizers
The appointment is valid for 2 years or until further orders, whichever is earlier

💡 Investors should view this as a routine administrative update ensuring management stability in a PSU. No immediate action is required as this maintains the status quo in the leadership team.

FACT Reports Q3 FY26 Net Loss of ₹67.9 Crore Amid Rising Material Costs

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 28 Jan 2026, 02:42 PM

The Fertilisers and Chemicals Travancore Limited (FACT) reported a net loss of ₹67.90 crore for the quarter ended December 31, 2025, a significant decline from a profit of ₹8.00 crore in the same period last year. Although revenue from operations grew by 65% YoY to ₹1,567.84 crore, it was offset by a massive surge in the cost of materials consumed, which nearly doubled. The petrochemical segment's performance was particularly weak, with quarterly revenue falling to a negligible ₹34 lakhs. Consequently, the company's EPS for the quarter turned negative at ₹(1.05).

Revenue from operations increased 65% YoY to ₹1,56,784 lakhs compared to ₹94,942 lakhs in Q3 FY25.
Reported a net loss of ₹6,790 lakhs for Q3 FY26 versus a net profit of ₹800 lakhs in the year-ago quarter.
Cost of materials consumed spiked to ₹1,01,547 lakhs from ₹52,367 lakhs in the same quarter last year.
Petrochemical segment revenue collapsed to just ₹34 lakhs from ₹4,602 lakhs YoY.
Nine-month cumulative loss widened to ₹4,276 lakhs compared to a loss of ₹2,949 lakhs in the previous year's nine-month period.

💡 Investors should exercise caution as the company has swung to a loss despite strong top-line growth, indicating severe margin pressure and operational inefficiencies. Monitor raw material price trends and the recovery of the petrochemical segment before making further investment decisions.

FACT Extends Tenure of Director (Marketing) Anupam Misra for 6 Months

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 15 Jan 2026, 10:40 PM

The Fertilisers and Chemicals Travancore Limited (FACT) has announced the extension of Shri. Anupam Misra's tenure as Director (Marketing). The Board of Directors approved this extension on January 15, 2026, following communication from the Department of Fertilizers, Ministry of Chemicals & Fertilizers. Shri. Misra will continue in his current role for a period of six months effective from January 15, 2026. This move ensures leadership continuity in the marketing division until a permanent arrangement or further government orders are issued.

Shri. Anupam Misra (DIN-07637439) granted a 6-month extension as Director (Marketing).
The extension is effective from January 15, 2026, maintaining the current status quo.
Approval granted by the Board of Directors based on Department of Fertilizers communication.
The arrangement will last for 6 months or until an alternative appointment is made by the Government of India.

💡 This is a routine administrative update ensuring management continuity; investors should monitor for a permanent appointment in the future.

FACT Appoints Shri. Anupam Misra as Interim Chairman and Managing Director

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 05 Jan 2026, 05:24 PM

The Ministry of Chemicals and Fertilizers has appointed Shri. Anupam Misra, the current Director (Marketing), to the additional charge of Chairman and Managing Director (CMD) of FACT. This appointment is effective from January 5, 2026, for a period of three months or until a regular incumbent is appointed. Mr. Misra, an IIT Kharagpur and IIM Lucknow alumnus, has over 27 years of experience and has been with FACT since July 2020. This transition ensures leadership continuity at the PSU while a permanent head is finalized.

Shri. Anupam Misra assumes additional charge as CMD effective January 5, 2026
Interim appointment is for 3 months or until a regular incumbent joins
Mr. Misra has 27+ years of experience in marketing and international trading
He has served as Director (Marketing) at FACT since July 14, 2020

💡 Investors should view this as a routine administrative transition in a PSU. Monitor for the appointment of a permanent CMD to assess long-term strategic stability.

FACT Submits Quarterly SEBI Compliance Certificate for Dematerialization

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 03 Jan 2026, 02:22 PM

Fertilizers and Chemicals Travancore Limited (FACT) has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing, covering the quarter ended December 31, 2025, confirms that physical share certificates received for dematerialization were processed and cancelled. The company's Registrar and Share Transfer Agent, Purva Sharegistry (India) Pvt. Ltd., verified that the names of depositories were substituted in the register of members. This is a standard administrative procedure to ensure the accuracy of electronic shareholding records.

Compliance certificate submitted for the quarter ended December 31, 2025.
Confirmation provided by Registrar and Share Transfer Agent, Purva Sharegistry (India) Pvt. Ltd.
Physical share certificates received for dematerialization were mutilated and cancelled as per SEBI norms.
Dematerialized shares are confirmed to be listed on the stock exchanges where previous shares are traded.
Processing was completed within the prescribed regulatory timelines.

💡 No action is required from investors as this is a routine regulatory filing. Investors should continue to monitor the company's operational performance and upcoming quarterly financial results.

FACT CMD S.C. Mudgerikar Steps Down Following Completion of Tenure

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 01 Jan 2026, 10:03 AM

Shri S.C. Mudgerikar has ceased to be the Chairman and Managing Director (Additional Charge) of Fertilizers and Chemicals Travancore Limited (FACT) effective January 1, 2026. The cessation is a routine transition resulting from the completion of his tenure and superannuation. The company has filed the necessary disclosures under Regulation 30 of SEBI (LODR) Regulations. Investors should now look for updates regarding the appointment of a successor to lead the PSU.

Shri S.C. Mudgerikar (DIN: 03498837) ceased to be CMD (Additional Charge) effective January 1, 2026.
The change is due to the completion of tenure and superannuation of the official.
The disclosure was made in compliance with SEBI Master Circular dated November 11, 2024.

💡 Monitor official company filings for the appointment of a new Chairman and Managing Director. As this is a planned retirement, it is expected to have a neutral impact on the stock's short-term performance.

FACT to Close Trading Window from January 1, 2026 for Q3 Financial Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 26 Dec 2025, 04:10 PM

Fertilizers and Chemicals Travancore Limited (FACT) has announced the closure of its trading window for all designated persons starting January 1, 2026. This move is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain closed until 48 hours after the company declares its unaudited financial results for the quarter ending December 31, 2025. This is a routine administrative filing that occurs before every quarterly earnings announcement to prevent insider trading.

Trading window for designated persons closes effective Thursday, January 1, 2026.
Closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Window will reopen 48 hours after the declaration of Q3 unaudited financial results.
The notice was officially filed with the NSE and BSE on December 26, 2025.

💡 No action is required as this is a standard regulatory procedure. Investors should await the announcement of the Q3 results date to assess the company's financial performance.

View All FACT Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue grew 39.93% YoY to INR 6,221.46 Cr. Fertilizer segment revenue reached INR 5,437.15 Cr (+35.23% YoY), Petrochemical segment revenue reached INR 774.51 Cr (+89.22% YoY), and Other segments contributed INR 9.81 Cr (-39.74% YoY).

Geographic Revenue Split

Marketing offices across 5 states contributed INR 2,408.97 Cr, representing approximately 38.72% of total consolidated revenue.

Profitability Margins

Net profit ratio improved from 8% in FY22 to 10% in FY23. Return on Capital Employed (ROCE) increased from 16% to 19% YoY, driven by better margins from long-term raw material procurement contracts.

EBITDA Margin

Operating profit (PBIT) reached INR 735.79 Cr in FY23, a 26.74% increase from INR 580.55 Cr in FY22. Core profitability was bolstered by a 26.34% improvement in the net profit ratio attributed to raw material cost management.

Capital Expenditure

Historical capital expenditure was recorded at INR 22.96 Cr in earlier cycles; current year additions to non-current assets for joint ventures were noted at INR 2.34 Cr.

Credit Rating & Borrowing

Not disclosed in available documents; however, interest expense was historically significant at INR 147.63 Cr during loss-making periods (FY13).

⚙️ Operational Drivers

Raw Materials

Specific raw material names are not explicitly listed, but the company utilizes long-term procurement contracts to stabilize input costs for its fertilizer and petrochemical divisions.

Raw Material Costs

Raw material costs are managed through long-term contracts which improved net margins by 26.34% YoY. Procurement strategies focus on long-term price stability to mitigate global commodity volatility.

Logistics & Distribution

Distribution is handled through marketing offices in 5 states, which generated INR 2,408.97 Cr in revenue.

📈 Strategic Growth

Expected Growth Rate

39.93%

Growth Strategy

Growth is driven by the expansion of the Petrochemical segment (+89.22% YoY) and the Fertilizer segment (+35.23% YoY). The strategy relies on long-term raw material contracts to maintain competitive pricing and leveraging marketing networks across 5 key states.

Products & Services

Fertilizers (NPK, Ammonium Sulphate), Petrochemicals (Caprolactam), and Engineering/Consultancy services (Contract Operations).

Brand Portfolio

FACT (Fertilisers and Chemicals Travancore Limited).

Market Expansion

Marketing operations are currently concentrated in 5 states; expansion plans into new regions were not specifically detailed.

Strategic Alliances

Joint Venture with Rashtriya Chemicals & Fertilizers (RCF) for FACT-RCF Building Products Ltd, though a 100% provision for diminution in value has been made.

🌍 External Factors

Industry Trends

The industry is shifting toward long-term supply security for raw materials. FACT is positioning itself by stabilizing margins through contract-based procurement and expanding its petrochemical footprint.

Competitive Landscape

Key competitors include other major public and private sector fertilizer manufacturers in India; FACT maintains a strong regional presence in 5 states.

Competitive Moat

Moat is built on long-term raw material procurement contracts and an established marketing network in South India. This advantage is sustainable as long as supply contracts are renewed at favorable terms.

Macro Economic Sensitivity

Highly sensitive to agricultural demand and government subsidy policies, as fertilizers represent 87.4% of total revenue.

Consumer Behavior

Demand is driven by farmer consumption patterns and seasonal monsoon cycles affecting fertilizer application.

Geopolitical Risks

Vulnerable to global raw material supply disruptions, partially mitigated by long-term procurement contracts.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the DPE Corporate Governance guidelines and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Taxation Policy Impact

The company is subject to the Central Excise Act and Service Tax (Finance Act 1994).

Legal Contingencies

Pending claims not acknowledged as debts include INR 133.13 Cr under the Central Excise Act and INR 3.61 Cr for Service Tax disputes.

⚠️ Risk Analysis

Key Uncertainties

Significant uncertainty arises from pending litigations (INR 136.74 Cr) and the inherent limitations of internal financial controls regarding the prevention of fraud or error.