National Fertilizers (NSE:NFL) Net Margin %: 3.49% (As of Mar. 2026) — Near Median


NSE:NFL National Fertilizers Ltd NSE:NFL
72 GF Score
Price ₹75.18
GF Value ₹300.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is National Fertilizers Net Margin %?

National Fertilizers NSE:NFL -1.98% 72 Net Margin % is 3.49% as of Mar. 2026, which is 1% below its 10-year median of 3.53. GuruFocus rates NSE:NFL with a GF Score™ of 72/100 and a GF Value™ of ₹300.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 250 Agriculture companies, National Fertilizers ranks worse than 71.6% on this metric.

Net margin is calculated as Net Income divided by its Revenue. National Fertilizers's Net Income for the three months ended in Mar. 2026 was ₹1,515 Mil. National Fertilizers's Revenue for the three months ended in Mar. 2026 was ₹43,472 Mil. Therefore, National Fertilizers's net margin for the quarter that ended in Mar. 2026 was 3.49%.

The historical rank and industry rank for National Fertilizers's Net Margin % or its related term are showing as below:

NSE:NFL' s Net Margin % Range Over the Past 10 Years
Min: -3.87   Med: 3.53   Max: 7.87
Current: 0.98


NSE:NFL's Net Margin % is ranked worse than
71.6% of 250 companies
in the Agriculture industry
Industry Median: 4.12 vs NSE:NFL: 0.98

National Fertilizers  (NSE:NFL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


National Fertilizers Net Margin % Related Terms


National Fertilizers Net Margin % Historical Data

* Premium members only.

The historical data trend for National Fertilizers's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Fertilizers Net Margin % Chart

National Fertilizers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.94 6.44 1.99 0.93 0.98

National Fertilizers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 -1.12 -0.53 1.97 3.49

NSE:NFL vs CTVA, CF: Net Margin % Comparison

For the Agricultural Inputs subindustry, National Fertilizers's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Fertilizers Net Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, National Fertilizers's Net Margin % distribution charts can be found below:

* The bar in red indicates where National Fertilizers's Net Margin % falls into.


NSE:NFL
72GF Score
National Fertilizers Ltd NSE:NFL
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fertilizers Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

National Fertilizers's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=2114.9/215141.8
=0.98 %

National Fertilizers's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1515.4/43471.9
=3.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.49% mean?
National Fertilizers (NSE:NFL) has a Net Margin % of 3.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on National Fertilizers and its competitors. This is near median its historical median of 3.53. According to the industry distribution chart, National Fertilizers ranks #179 out of 250 companies in the Agriculture industry, placing it in the top 71.6%.
Is National Fertilizers' Net Margin % too high?
National Fertilizers' current Net Margin % of 3.49% is near median its 10-year median of 3.53. The Agriculture industry median Net Margin % is 4.12. National Fertilizers' value of 3.49% is 15.3% below this industry median. Based on the distribution chart, National Fertilizers ranks #179 out of 250 companies in the Agriculture industry, which is below the industry midpoint. Overall, National Fertilizers has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Fertilizers' Net Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, National Fertilizers ranks #179 out of 250 companies for Net Margin %. This places National Fertilizers in the lower half of its industry. The industry median Net Margin % is 4.12. National Fertilizers' value of 3.49% is 15.3% below this benchmark. While the company's 10-year median is 3.53 vs. the industry median of 4.12, National Fertilizers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Agriculture company?
The median Net Margin % among Agriculture companies is 4.12, based on 250 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Fertilizers's current Net Margin % of 3.49% is 15.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on National Fertilizers and its competitors. For the Agriculture industry, the median Net Margin % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fertilizers's current Net Margin % is 3.49%, which is near median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, National Fertilizers (NSE:NFL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹300.89, compared to a current price of ₹75.18 — trading 75% below its estimated fair value. The current Net Margin % is 3.49%, which is near median its 10-year median of 3.53 and 15.3% below the Agriculture industry median of 4.12. National Fertilizers' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For National Fertilizers (NSE:NFL), the current Net Margin % is 3.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Fertilizers (NSE:NFL) Overvalued in 2026?

Based on GuruFocus' analysis, National Fertilizers stock appears to be undervalued. The current stock price of ₹75.18 is trading 75% below its estimated GF Value™ of ₹300.89. GuruFocus considers National Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:NFL:

  • Net Margin %: 3.49% (near median its 10-year median of 3.53)
  • GF Value™: ₹300.89 vs. price of ₹75.18 (75% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 15.3% below the Agriculture median (#179 of 250)

No single metric tells the full story. See the NSE:NFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Fertilizers Business Description

Other Exchanges 523630:India
Address A-11, Sector-24, Gautam Budh Nagar, Noida, UP, IND, 201301
National Fertilizers Ltd is engaged in the business of manufacturing agro chemicals. Its product portfolio includes Neem Coated Urea, four strains of Bio-Fertilizers (solid & liquid), Bentonite Sulphur, and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The brand name of the company is known in the market as KISAN. The company also provides agriculture extension services to educate farmers on fertilizers and the know-how on scientific methods of cultivation. Its operating segments include Manufactured Fertilizers which derive key revenue, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Geographically, the company caters only to the Indian market.
72GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹75.18
Price
₹300.89
GF Value