Tipsheet
What matters at India’s listed companies
Notes / Sector

Fertilizers

26 recent notes from companies in this sector. 11 companies tracked.

Anchor companies · by market cap
Recent activity
Sat · 04 Jul
6
Earnings · Fertilizers

Bluegod's auditor flags ₹29.5 cr loan, questions NBFC compliance

Auditor SDPM & Co says financial assets and income exceed RBI thresholds, requiring NBFC registration. Loans from individuals violate Companies Act; large unsecured advances lack documentation.

BLUEGOD Micro cap 7:54 PM
Fri · 03 Jul
5
Fertilizers

GSP Crop Science fire at Ahmedabad unit, no casualties or material loss

A fire broke out in the packing material store of GSP Crop Science's Odhav factory on 2 July 2026. No injuries and no material financial loss, says the company; assets are insured.

GSPCROP Small cap 4:34 PM
Thu · 02 Jul
7
Fertilizers

GSP Crop restructures, absorbs two wholly owned units

Parent company to amalgamate Rajdhani Petrochemicals and demerge GSP Intermediates' manufacturing arm, adding ~7.6% to standalone revenue with no dilution.

GSPCROP Small cap 5:56 PM
Wed · 01 Jul
7
Fertilizers

RCF board to consider FPO on July 7

First public disclosure of potential equity dilution for this mid-cap PSU; shareholder and government approvals still needed.

RCF Mid cap 4:05 PM
Tue · 16 Jun
6
Fertilizers

Bluegod adds LLC co-founder as director after scrapping IP deal

Raman Raheja, co-founder of Legends League Cricket, joins the board; Ritu Tiwari named independent director. Shareholder approval pending.

BLUEGOD Micro cap 4:27 PM
Mon · 15 Jun
6
Fertilizers

Madhya Bharat Agro targets 60-70% FY27 growth on new plants; capex overruns 40%

The fertilizer maker guided for more than 100% revenue growth in FY28 as twin Maharashtra plants come online, but flagged a ₹1,000+ crore capex bill, 40% above original estimate, compressing margins near-term.

MBAPL Mid cap 12:00 PM
Thu · 11 Jun
5
Fertilizers

Deepak Fert puts ₹19k cr on transformation with new hire

Rajib Bhattacharjee joins as President - Transformation from Galaxy Surfactants. A newly created role with no financial targets.

DEEPAKFERT Mid cap 6:54 PM
Wed · 10 Jun
6
Earnings · Fertilizers

Auditors flag six problems at Kothari. ₹33 cr in trade balances can't be confirmed.

A qualified audit report points to unverified balances, unreconciled credits, and missing inventory data at the ₹1,782-crore micro-cap. The company says it's working on it.

KOTIC Small cap 6:43 PM
Sat · 06 Jun
8
Fertilizers

Kothari plots an 80-million-pair footwear bet and drone contracts under a 2030 plan

The micro-cap is tying up with Taiwan's Evervan to make Crocs and Adidas shoes in Tamil Nadu, while its drone arm lands government work.

KOTIC Small cap 3:59 PM
Wed · 03 Jun
6
Earnings · Fertilizers

Kothari's auditors qualify the books. Then the company revised the loss to double.

A May filing missed ₹41 crore in associate losses. The updated net loss is ₹72.19 crore, with auditors flagging unconfirmed balances and missing paperwork.

KOTIC Small cap 11:41 PM
Fri · 29 May
6
Earnings · Fertilizers

Basant Agro Tech's profit nearly doubles in Q4; full-year net jumps 68%

Net profit for the year surged 68% to ₹7.01 cr on ₹567.98 cr revenue. The board proposed a 5% dividend.

BASANTGL Micro cap 9:54 PM
6
Earnings · Fertilizers

Teesta Agro's annual profit rises 21%, but Q4 revenue slips

Full-year revenue and profit both grew over 20%, but the final quarter saw a sharp reversal with revenue falling 17% year-on-year.

TEEAI Micro cap 7:50 PM
6
Earnings · Fertilizers

Basant Agro's profit nearly doubles in Q4 on strong fertiliser sales

Quarterly net profit jumped to ₹2.21 crore as revenue rose 23%. For the full year, profit grew 68%.

BASANTGL Micro cap 7:47 PM
Wed · 27 May
5
Earnings · Leather

Welterman International reports zero core revenue as losses widen

The fertilizer firm generated no income from operations in FY26, relying entirely on non-operating sources to cover overheads.

WELTI Micro cap 6:04 PM
5
Earnings · Fertilizers

GSP Crop Science confirms FY26 results and dividend

The company formalised its audited annual results and a final dividend of Re.1 per share, confirming figures already disclosed to the market.

GSPCROP Small cap 2:27 PM
Tue · 26 May
5
Earnings · Fertilizers

GSP Crop Science reports 19% profit growth and names new CFO

The company posted a standalone profit of ₹898 Mn for FY26 and recommended a final dividend of Re.1 per share.

GSPCROP Small cap 10:21 PM
5
Earnings · Fertilizers

GSP Crop Science reports 14% revenue growth and names new CFO

The company posted FY26 standalone revenue of ₹16,059 million and profit of ₹898 million, while announcing a leadership change in its finance department.

GSPCROP Small cap 7:02 PM
Mon · 25 May
5
Earnings · Fertilizers

Phosphate Co. approves FY26 results, declares ₹2 dividend

A standard annual filing. The nano-cap board approved results and a 20% payout, confirming information already in the market.

PHOSPHATE Micro cap 6:39 PM
5
Earnings · Fertilizers

SPIC posts 42% profit jump, but the filing adds nothing

Standalone net profit rose to ₹186.16 cr. The results, dividend, and CFO appointment were already disclosed.

SPIC Small cap 5:58 PM
5
Earnings · Fertilizers

SPIC's annual profit jumped 42%. The filing adds nothing new.

The audited FY2026 numbers were already out. A ₹2 dividend and a new CFO are procedural updates.

SPIC Small cap 5:52 PM
6
Earnings · Fertilizers

GSFC hits ₹2,622 cr in Q4 sales, but flags monsoon risk

Record quarterly revenue and a 24% jump in full-year operating profit mask a cautious outlook for the start of FY27.

GSFC Mid cap 4:15 PM
Fri · 22 May
5
Fertilizers

Kothari Industrial Corporation signs another non-binding construction MoU

The company adds Australia’s SABRN Tech to its list of exploratory partners, though no financial commitments exist.

KOTIC Small cap 4:15 PM
5
Earnings · Fertilizers

Gujarat State Fertilizers & Chemicals releases routine Q4 update

The company’s latest investor presentation offers qualitative commentary on segments and capex, but provides no new financial figures.

GSFC Mid cap 1:56 PM
5
Earnings · Fertilizers

GSFC's press release adds colour to results that were already out.

The investor presentation provides segment commentary on the Q4 numbers released on May 22, but contains no new financial data or guidance.

GSFC Mid cap 1:55 PM
5
Earnings · Fertilizers

GSFC profit falls 41% in Q4 even as revenue surges 37%

A strong top-line quarter collapsed into a profit miss. Margins, not sales, told the story.

GSFC Mid cap 1:23 PM
Thu · 21 May
6
Earnings · Fertilizers

RCF's net profit doubles to ₹429.81 cr, board declares ₹1.34 final dividend

Q4 profit jumps 160% to ₹188.63 cr on higher subsidies and gas pooling. Full-year revenue crosses ₹5,580 cr.

RCF Mid cap 4:04 PM