The Fertilisers and Chemicals Travancore Limited (FACT), established in 1943, is India’s first large-scale fertilizer plant, located in Udyogamandal, Kochi, Kerala. Initially a private venture by M/s. Seshasayee Brothers, it transitioned to a public sector company in 1960, with the Government of India becoming the major shareholder by 1962. Over the years, FACT expanded into a multi-divisional organization with significant expansions and diversifications, including the establishment of the Cochin Division at Ambalamedu and a Petrochemical Division for Caprolactam production. FACT also set up the FACT Engineering & Design Organisation (FEDO) for consultancy in chemical and fertilizer plant design and the FACT Engineering Works (FEW) for fabrication. A new Ammonia Plant was commissioned in 1998, further boosting its production capacity. With an authorized share capital of ₹1,000 crore and issued capital of ₹647.07 crore, FACT has evolved through the leadership of visionary figures like Shri M.K.K Nair, becoming one of India’s largest fertilizer enterprises and a testament to the success of the public sector in industrial development.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 90.00% | 90.00% | 90.00% | 90.00% | 90.00% |
| FIIs + | 0.05% | 0.07% | 0.11% | 0.11% | 0.12% |
| DIIs + | 0.01% | 8.58% | 8.59% | 8.61% | 8.60% |
| Government + | 8.96% | 0.40% | 0.40% | 0.40% | 0.40% |
| Public + | 0.97% | 0.95% | 0.90% | 0.89% | 0.88% |
| No. of Shareholders | 44,503 | 54,769 | 61,556 | 58,568 | 92,862 |
The shareholding pattern of Fertilizers & Chemicals Travancore (FACT) has remained stable with the promoters consistently holding a 90% stake from June 2023 to June 2024, demonstrating strong control and confidence in the company. Foreign Institutional Investors (FIIs) have shown a slight increase in their shareholding, rising from 0.05% in June 2023 to 0.12% in June 2024. Domestic Institutional Investors (DIIs) significantly increased their holdings from a mere 0.01% in June 2023 to around 8.60% by June 2024, reflecting growing domestic institutional interest in the company.
The government’s shareholding decreased sharply from 8.96% in June 2023 to 0.40% in subsequent quarters, indicating a strategic reduction of its stake. The public shareholding also saw a slight decline from 0.97% in June 2023 to 0.88% in June 2024. Meanwhile, the number of shareholders fluctuated over the same period, increasing from 44,503 in June 2023 to 92,862 in June 2024, suggesting a growing interest from retail investors despite the stable overall shareholding distribution. This pattern reflects a consistent promoter presence, increasing institutional interest, and a diverse but evolving base of retail shareholders.
Below are the trading platforms that you can use to purchase Fertilizers & Chemicals Travancore shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| September 2024 | 1,012.15 | 880.13 |
| October 2024 | 1,002.13 | 871.42 |
| November 2024 | 1,042.22 | 906.28 |
| December 2024 | 1,052.64 | 915.34 |
As we approach the latter months of 2024, the maximum and minimum prices for Fertilizers & Chemicals Travancore are expected to show a gradual upward trend. Starting with September 2024, the stock is projected to reach a maximum of ₹1,012.15, while the minimum price could be around ₹880.13. Moving into October 2024, the prices may slightly dip, with a forecasted maximum of ₹1,002.13 and a minimum of ₹871.42. As we step into November 2024, Fertilizers & Chemicals Travancore is anticipated to see a bit of an increase, with maximum prices reaching up to ₹1,042.22 and minimum prices at ₹906.28. Finally, as we conclude the year in December 2024, the maximum price is expected to rise further to ₹1,052.64, with the minimum price stabilizing around ₹915.34.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,063.17 | 817.82 |
| February 2025 | 1,073.91 | 826.08 |
| March 2025 | 1,096.46 | 843.43 |
| April 2025 | 1,085.60 | 835.08 |
| May 2025 | 1,053.98 | 810.76 |
| June 2025 | 1,101.41 | 847.24 |
| July 2025 | 1,079.82 | 830.63 |
| August 2025 | 1,113.21 | 856.32 |
| September 2025 | 1,126.57 | 866.59 |
| October 2025 | 1,155.86 | 889.12 |
| November 2025 | 1,184.76 | 911.35 |
| December 2025 | 1,238.07 | 952.36 |
In 2025, Fertilizers & Chemicals Travancore is expected to see a steady rise in stock prices. Starting in January with a maximum of ₹1,063.17 and a minimum of ₹817.82, the prices are projected to gradually increase each month. By mid-year, June might see a peak at ₹1,101.41 and a low of ₹847.24. The upward trend continues into the latter half of the year, with September anticipated to reach a maximum of ₹1,126.57 and a minimum of ₹866.59. By December, the stock could achieve its highest value for the year, with a maximum of ₹1,238.07 and a minimum of ₹952.36, indicating a positive trajectory overall.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,275.21 | 980.93 |
| February 2026 | 1,243.33 | 956.41 |
| March 2026 | 1,268.20 | 975.54 |
| April 2026 | 1,294.08 | 995.45 |
| May 2026 | 1,281.27 | 985.59 |
| June 2026 | 1,313.30 | 1,010.23 |
| July 2026 | 1,287.55 | 990.42 |
| August 2026 | 1,327.37 | 1,021.05 |
| September 2026 | 1,353.92 | 1,041.48 |
| October 2026 | 1,389.12 | 1,068.55 |
| November 2026 | 1,423.85 | 1,095.27 |
| December 2026 | 1,459.44 | 1,122.65 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,474.04 | 1,133.88 |
| February 2027 | 1,511.83 | 1,162.95 |
| March 2027 | 1,570.80 | 1,208.30 |
| April 2027 | 1,540.00 | 1,184.61 |
| May 2027 | 1,495.14 | 1,150.11 |
| June 2027 | 1,562.42 | 1,201.86 |
| July 2027 | 1,531.79 | 1,178.30 |
| August 2027 | 1,579.16 | 1,214.74 |
| September 2027 | 1,634.43 | 1,257.26 |
| October 2027 | 1,676.93 | 1,289.94 |
| November 2027 | 1,718.85 | 1,322.19 |
| December 2027 | 1,761.82 | 1,355.25 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,797.06 | 1,382.35 |
| February 2028 | 1,843.14 | 1,417.80 |
| March 2028 | 1,915.02 | 1,473.09 |
| April 2028 | 1,877.47 | 1,444.21 |
| May 2028 | 1,822.79 | 1,402.14 |
| June 2028 | 1,904.81 | 1,465.24 |
| July 2028 | 1,867.46 | 1,436.51 |
| August 2028 | 1,925.22 | 1,480.94 |
| September 2028 | 1,992.60 | 1,532.77 |
| October 2028 | 2,044.41 | 1,572.62 |
| November 2028 | 2,095.52 | 1,611.94 |
| December 2028 | 2,147.91 | 1,652.24 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,190.87 | 1,685.28 |
| February 2029 | 2,247.04 | 1,728.49 |
| March 2029 | 2,334.68 | 1,795.91 |
| April 2029 | 2,288.90 | 1,760.69 |
| May 2029 | 2,222.23 | 1,709.41 |
| June 2029 | 2,322.23 | 1,786.33 |
| July 2029 | 2,276.70 | 1,751.31 |
| August 2029 | 2,347.11 | 1,805.47 |
| September 2029 | 2,429.26 | 1,868.66 |
| October 2029 | 2,492.42 | 1,917.25 |
| November 2029 | 2,554.73 | 1,965.18 |
| December 2029 | 2,618.60 | 2,014.31 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,670.97 | 2,054.59 |
| February 2030 | 2,739.46 | 2,107.28 |
| March 2030 | 2,846.30 | 2,189.46 |
| April 2030 | 2,790.49 | 2,146.53 |
| May 2030 | 2,709.21 | 2,084.01 |
| June 2030 | 2,831.13 | 2,177.79 |
| July 2030 | 2,775.61 | 2,135.09 |
| August 2030 | 2,861.46 | 2,201.12 |
| September 2030 | 2,961.61 | 2,278.16 |
| October 2030 | 3,038.61 | 2,337.39 |
| November 2030 | 3,114.58 | 2,395.83 |
| December 2030 | 3,192.44 | 2,455.72 |
In January 2030, Fertilizers & Chemicals Travancore is expected to reach a maximum price of ₹2,670.97 and a minimum of ₹2,054.59. By December 2030, the price is anticipated to peak at ₹3,192.44 and dip to ₹2,455.72.
Financial Condition of Fertilizers & Chemicals Travancore: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,770 | 3,259 | 4,425 | 6,198 | 5,055 | 4,422 |
| Expenses + | 2,491 | 2,708 | 3,829 | 5,443 | 4,695 | 4,266 |
| Operating Profit | 279 | 551 | 596 | 755 | 359 | 156 |
| OPM % | 10% | 17% | 13% | 12% | 7% | 4% |
| Other Income + | 1,004 | 68 | 22 | 136 | -42 | 24 |
| Interest | 289 | 245 | 244 | 247 | 247 | 246 |
| Depreciation | 18 | 23 | 27 | 30 | 27 | 27 |
| Profit before tax | 976 | 350 | 346 | 613 | 44 | -93 |
| Tax % | 0% | 0% | 0% | 0% | -236% | |
| Net Profit + | 976 | 350 | 346 | 613 | 146 | 26 |
| EPS in Rs | 15.08 | 5.42 | 5.35 | 9.47 | 2.26 | 0.4 |
| Dividend Payout % | 0% | 0% | 0% | 11% | 0% |
Fertilizers & Chemicals Travancore (FACT) has experienced fluctuating financial performance over the past years. From March 2020 to March 2024, the company’s sales increased significantly from ₹2,770 crore to a peak of ₹6,198 crore in March 2023, before dropping to ₹5,055 crore in March 2024. Operating profit also peaked in March 2023 at ₹755 crore, corresponding with an operating profit margin (OPM) of 12%, which has since declined to 7% by March 2024. This decline in profitability is further reflected in the drop of operating profit to ₹359 crore in 2024, and just ₹156 crore for the trailing twelve months (TTM).
FACT’s other income fluctuated sharply, notably rising to ₹1,004 crore in March 2020 and dropping significantly in subsequent years, with a negative value of ₹-42 crore in March 2024. Interest expenses remained relatively stable, around ₹245 crore annually, but depreciation costs rose slightly over time. Profit before tax saw a considerable drop, turning negative at ₹-93 crore in the TTM period, highlighting challenges in maintaining profitability. Net profit mirrored this trend, declining from ₹976 crore in March 2020 to just ₹146 crore in March 2024 and further dropping to ₹26 crore in the TTM period. The Earnings Per Share (EPS) fell significantly, from ₹15.08 in March 2020 to ₹2.26 in March 2024, indicating diminished returns for shareholders. Despite these financial headwinds, FACT maintained a conservative approach towards dividend payouts, with no dividends issued in most years except a modest 11% payout in March 2023.
FAQs
What is Fertilizers & Chemicals Travancore Ltd’s current market capitalization?
Fertilizers & Chemicals Travancore Ltd’s current market capitalization is ₹62,559 Crores.
The projected share price target for Fertilizers & Chemicals Travancore Ltd in 2025 ranges from ₹810.76 to ₹1,238.07.
Fertilizers & Chemicals Travancore’s forecasted share price target for 2030 ranges from ₹2,054.59 to ₹3,192.44.
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In conclusion, FACT has maintained a strong position in the Indian fertilizer industry since 1943, supported by strategic expansions and innovations. The company’s stable shareholding pattern, with promoters holding 90%, reflects strong control and increasing institutional interest. Financially, FACT’s recent years show fluctuating sales and profitability, but future share price projections suggest steady growth. By 2030, FACT’s share price is expected to rise significantly, indicating positive long-term prospects for investors.
What did we learn?
- 1 Shareholding Patterns of Fertilizers & Chemicals Travancore
- 2 How to Buy Fertilizers & Chemicals Travancore Shares?
- 3 Fertilizers & Chemicals Travancore Share Price Prediction 2024 – 2030
- 3.1 Fertilizers & Chemicals Travancore Share Price Target 2024
- 3.2 Fertilizers & Chemicals Travancore Share Price Target 2025
- 3.3 Fertilizers & Chemicals Travancore Share Price Target 2026
- 3.4 Fertilizers & Chemicals Travancore Share Price Target 2027
- 3.5 Fertilizers & Chemicals Travancore Share Price Prediction 2028
- 3.6 Fertilizers & Chemicals Travancore Share Price Target 2029
- 3.7 Fertilizers & Chemicals Travancore Share Price Prediction 2030
- 4 Financial Condition of Fertilizers & Chemicals Travancore: Last 5 Years
- 5 FAQs
- 6 Conclusion: Fertilizers & Chemicals Travancore Ltd – Navigating Challenges and Fostering Growth
