National Fertilizers
#5552
Rank
$859.3M
Marketcap
India
Country
Mr. Ashok Jha (Company Sec. & Compliance Officer)
Mr. Atul Baburao Patil (Director of Marketing, MD & Chairman)
Mr. Hira Nand (CFO, Director of Fin. & Additional Director)
Summary
History
NFL was established in 23 August 1974, as a public-sector undertaking of the Government of India.
NFL initially operated two plants in Bathinda and Panipat. In 1978, the ownership and operations of the Nangal plant of FCI was transferred to NFL.
The Govt. of India, in 1984, entrusted the company to execute the country's first inland gas based fertiliser project of 726,000 tonnes urea capacity in District Guna of Madhya Pradesh, and commercial production started from 1 July 1988. The company built and commissioned its Vijaipur plant in Guna district of Madhyacapacity was doubled to 1.45 million tonnes in 1997.
NFL was granted the Mini-Navratna status with additional autonomy due to its profitable operations.
In 2001, the company went public, with listings on the Bombay Stock Exchange and the National Stock Exchange.
Industrial and business operations
NFL has five gas-based urea plants viz Nangal and Bathinda in Punjab, Panipat in Haryana and two at Vijaipur . The plants at Panipat, Bathinda and Nangal have recently been converted from fuel oil feedstock to natural gas. Vijaipur plants have also been revamped for energy saving and capacity enhancement.
Products
NFL is engaged in manufacturing and marketing of urea, Neem-coated urea, bio-fertilizers and other allied industrial products like ammonia, nitric acid, ammonium nitrate, sodium nitrite, sodium nitrate etc.
The value-added Neem-coated urea developed by NFL and widely recognized for its effectiveness is being produced at its three units at Panipat, Bathinda and Vijaipur. NFL is the first company in India to be permitted by the Government of India to produce and market Neem-coated urea.
NFL manufactures and markets three types of Bio-Fertilizers namely Rhizobium, Phosphate Solubilizing Bacteria and Azotobacter. Starting with a mere 23 MT production in 1995–96, the production has risen to 231 MT in 2010–11.
Business
The company is also doing trading business in various agro-inputs like certified quality seeds, compost / Vermicompost manure, agrochemicals like Insecticides / Herbicides, Bentonite Sulphur etc. Company is also taking up initiative for setting up of Single Super Phosphate , Heavy water, Bentonite Sulphur plants etc.
Marketing
The company's marketing network comprises central marketing office at NOIDA, Four zonal offices at Bhopal, Lucknow and Chandigarh and Hyderabad, 14 state offices and 39 area offices spread across the country.
Future projects
An agreement for a joint venture company "Ramagundam Fertilizers And Chemicals Limited" has been signed on 14 January 2015 between National Fertilizers Limited, Engineers India Limited and FCIL for setting up new ammonia and urea plants of 2200 MT per day and 3850 MT per day capacity respectively at the existing site of Ramagundam Fertilizer Plant in District. Ramagundam in Telangana. As per this joint venture agreement, NFL shall provide commissioning, operation, maintenance and marketing services to the joint venture company and EIL shall provide Engineering, Procurement and Construction Management Consultancy Services for the project. The total capital expenditure of 50 billion is being funded in Debt:Equity of 70:30 percentage. NFL and EIL are contributing equity of 26% each and 11% is from FCIL. The balance equity is in the process of being tied up.
The company also has a joint venture “Urvarak Videsh Limited” with M/s. KRIBHCO and RCF as promoters. The main objective of the joint venture company is to explore investment opportunity abroad and within the country in nitrogenous, phosphatic and potassic sectors and to render consultancy services for setting up projects in India and abroad.
Consultancy
NFL is well known for taking up assignments in India and abroad in the fields of:
commissioning activities of plant/ equipment
heavy equipment erection supervision
complete operation of chemical plants on a continuous basis
overall maintenance of plants; specialised maintenance and repair services/shutdown/turn around jobs
special maintenance and repair services for rotatory equipment, like pumps, compressors, turbines etc.
energy audits leading to energy savings safety audit services
design and monitoring of environment protection systems
NDT, corrosion and RLA services
laboratory services
training of technical manpower in operation maintenance and safety management
consultancy in project management
Assignments taken abroad
Assistance in checking the operability and maintainability of PETROBRAS
Fertilizer Plant in Brazil and training of Specialist Welders.
Assistance in operation and maintenance of Ammonia and Methanol Complex of Gulf
Petrochemical Industries Co., Bahrain.
Assistance in operation and maintenance of Ammonia Plant of NAPETCO, Libya
through UNIDO.
Mission
Vision
Key Team
Mr. J. Ramesh (Chief Gen. Mang. of Fin. & Accounts)
Mr. A. K. Jain (Exec. Director of Bathinda Unit)
Mr. Jagdeep Shah Singh (Exec. Director of Technical & Project and Exec. Director of Management Services)
Mr. Lalit M. Pandey (Chief Vigilance Officer)
Mr. Dinesh Sood (Exec. Director of Human Resource)
Mr. J. P. Sachdeva (Exec. Director of Materials & Imports)
Mr. Sohan Lal (Exec. Director of Corp. Affairs)
Recognition and Awards
References
Mr. Ashok Jha (Company Sec. & Compliance Officer)
Mr. Atul Baburao Patil (Director of Marketing, MD & Chairman)
Mr. Hira Nand (CFO, Director of Fin. & Additional Director)
