The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. National Fertilizers's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for National Fertilizers's Dividend Payout Ratio or its related term are showing as below:
NSE:NFL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.28 Max: 2.03
Current: 0.36
During the past 13 years, the highest Dividend Payout Ratio of National Fertilizers was 2.03. The lowest was 0.07. And the median was 0.28.
NSE:NFL's Dividend Payout Ratio is ranked better than 51.56% of 128
companies
in the Agriculture industry
Industry Median: 0.37
vs NSE:NFL: 0.36
During the past 13 years, the highest Trailing Annual Dividend Yield of National Fertilizers was 10.48%. The lowest was 0.22%. And the median was 2.19%.
During the past 12 months, National Fertilizers's average Dividends Per Share Growth Rate was 477.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Fertilizers was 85.80% per year. The lowest was -39.80% per year. And the median was 5.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
National Fertilizers (NSE:NFL) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
National Fertilizers Dividend Payout Ratio Related Terms
National Fertilizers Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for National Fertilizers's Dividend Payout Ratio 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.
NSE:NFL vs CTVA, CF, MOS: Dividend Payout Ratio Comparison
For the Agricultural Inputs subindustry, National Fertilizers's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, National Fertilizers's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where National Fertilizers's Dividend Payout Ratio falls into.
National Fertilizers Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
National Fertilizers's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:NFL) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on National Fertilizers and its competitors. Over the past decade, National Fertilizers' Dividend Payout Ratio has ranged from 0.07 to 2.03. According to the industry distribution chart, National Fertilizers ranks #62 out of 128 companies in the Agriculture industry, placing it in the top 48.4%.
Is National Fertilizers' Dividend Payout Ratio too high?
National Fertilizers' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.03. Based on the distribution chart, National Fertilizers ranks #62 out of 128 companies in the Agriculture industry, which is above the industry midpoint. Overall, National Fertilizers has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Fertilizers' Dividend Payout Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, National Fertilizers ranks #62 out of 128 companies for Dividend Payout Ratio. This puts National Fertilizers in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, National Fertilizers' own Dividend Payout Ratio has ranged from 0.07 to 2.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Agriculture company?
The median Dividend Payout Ratio among Agriculture companies is 0.37, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on National Fertilizers and its competitors. For the Agriculture industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fertilizers's current Dividend Payout Ratio is 0.00. 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 ₹300.43, compared to a current price of ₹74.63 — trading 75.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. National Fertilizers' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For National Fertilizers (NSE:NFL), the current Dividend Payout Ratio is 0.00 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 ₹74.63 is trading 75.2% below its estimated GF Value™ of ₹300.43.
GuruFocus considers National Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:NFL:
Dividend Payout Ratio: 0.00
GF Value™: ₹300.43 vs. price of ₹74.63 (75.2% below fair value)
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 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.
71GF Score
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