Chambal Fertilisers & Chemicals Ltd (CFCL) is a leading Indian manufacturer of urea and other agri-inputs, with a strong presence in the fertilizer sector. Incorporated in 1985 and promoted by the KK Birla Group, the company operates one of India’s most efficient urea plants in Kota, Rajasthan. It also holds a strategic stake in a phosphoric acid joint venture in Morocco. After exiting its software business in FY21, CFCL has focused entirely on fertilizers—benefiting from government support, rising farm incomes, and stable demand for urea. This article provides a data-backed outlook on the Chambal Fertilisers share price target 2026–2030.
Chambal Fertilisers & Chemicals Ltd: Company Overview
- Founded: 1985
- Headquarters: New Delhi
- Key Segment: Urea production (core), DAP/MOP/NPK marketing, agri-inputs
- Strategic Edge: High-efficiency gas-based urea plant; among India’s lowest-cost producers
- Ownership: Promoter-held (60.85%); debt-free balance sheet
CFCL plays a vital role in India’s food security ecosystem. With urea demand remaining inelastic and government subsidies ensuring stable margins, the company offers predictable cash flows and consistent profitability.
Chambal Fertilisers & Chemicals Ltd: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹444.00 |
| Market Capitalization | ₹17,788.96 Cr |
| No. of Shares Outstanding | 40.07 Cr |
| 52-Week High / Low | ₹742 / ₹410 |
| P/E Ratio (TTM) | 9.65 |
| P/B Ratio | 1.84 |
| EPS (TTM) | ₹46.02 |
| Book Value (TTM) | ₹241.01 |
| ROE | 21.16% |
| ROCE | 28.77% |
| Dividend Yield | 2.27% |
| Face Value | ₹10 |
| Cash | ₹223.23 Cr |
| Total Debt | ₹0 Cr |
| Debt-to-Equity | 0.00 |
| Sales Growth (YoY) | -7.35% |
| Profit Growth (YoY) | 24.44% |
| Promoter Holding | 60.85% |
Chambal Fertilisers & Chemicals Ltd Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹480 – ₹540 |
| 2027 | ₹520 – ₹600 |
| 2028 | ₹560 – ₹670 |
| 2029 | ₹600 – ₹740 |
| 2030 | ₹640 – ₹810 |
Chambal Fertilisers & Chemicals Ltd Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹480 | ₹540 |
Despite a 7.35% sales decline (due to lower urea offtake and inventory corrections), CFCL reported 24.44% profit growth in FY2025, driven by cost efficiency and stable realizations. Trading at a P/E of just 9.65x—well below its 5-year average—and offering a 2.27% dividend yield, the stock appears undervalued relative to its ROCE (28.77%) and debt-free status. A 2026 target of ₹480–₹540 assumes normalization of volume and continued operational discipline.
Chambal Fertilisers & Chemicals Ltd Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹520 | ₹600 |
Government focus on soil health, neem-coated urea, and direct benefit transfer (DBT) ensures stable demand. If CFCL maintains its low-cost advantage and expands its agri-retail footprint, earnings could grow at 12–15% CAGR. Assuming EPS of ₹50–₹55 by FY27 and P/E of 10–11x, the 2027 range is ₹520–₹600.
Chambal Fertilisers & Chemicals Ltd Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹560 | ₹670 |
By 2028, benefits from higher urea capacity utilization and potential diversification into specialty fertilizers should reflect in margins. The company’s net worth stood at ₹9,653 Cr as of FY25—up 16% YoY—indicating strong internal capital generation. A P/E of 10.5–12x on projected EPS (~₹53–₹56) supports the ₹560–₹670 band.
Chambal Fertilisers & Chemicals Ltd Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹600 | ₹740 |
Long-term tailwinds include India’s push for self-reliance in fertilizers and rising farm mechanization. Risks include gas price volatility and policy changes. However, CFCL’s asset-light model and zero debt provide resilience. Using a P/E of 11–12.5x on FY29 EPS (~₹54–₹59), the 2029 target is ₹600–₹740.
Chambal Fertilisers & Chemicals Ltd Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹640 | ₹810 |
Over a five-year horizon, CFCL’s value lies in its irreplaceable role in India’s agri-input chain, not explosive growth. If it sustains 20%+ ROE and maintains a 25–30% dividend payout, a terminal P/E of 12–13.5x on FY30 EPS (~₹54–₹60) justifies the ₹640–₹810 range.
Chambal Fertilisers & Chemicals Ltd: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 60.85% |
| Foreign Institutional Investors (FII) | 15.66% |
| Domestic Institutional Investors (DII) | 4.64% |
| Public & Retail | 18.85% |
| Others | 0% |
High promoter holding ensures strategic continuity, while rising FII interest reflects confidence in governance.
Chambal Fertilisers & Chemicals Ltd: Strengths vs Risks
Strengths:
- Debt-free with ₹223 Cr cash and strong operating cash flow
- Industry-leading ROCE (28.77%) and ROE (21.16%)
- Government-backed urea demand ensures revenue stability
- Consistent dividend payer (2.27% yield; ~25% payout ratio)
Risks:
- Sales declined (-7.35%) due to lower urea offtake in FY25
- Exposure to natural gas price fluctuations (feedstock = 70–80% of cost)
- Limited product diversification (urea = ~85% of revenue)
- Policy dependency on government subsidies and pricing
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate |
| Ideal Time Horizon | 3–5+ years |
| Volatility | Lower than market average (defensive agri-sector) |
| Dividend/Income Potential | Yes (2.27% yield + consistent payouts) |
| Best For | Conservative investors seeking agri-sector exposure with income |
Final Verdict
Chambal Fertilisers & Chemicals Ltd combines operational excellence, financial prudence, and policy tailwinds. While sales may fluctuate with seasonal demand, its profitability, zero debt, and dividend consistency make it a reliable long-term holding. Our Chambal Fertilisers share price target 2026–2030 (₹480 to ₹810) reflects steady appreciation driven by fundamentals—not speculation.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Chambal Fertilisers Consolidated Page (FY2025 + TTM)
- Groww.in – CFCL Stock Profile
- Finology Ticker – CHAMBLFERT Financial Ratios
- BSE India – Annual Report FY2025
- Ministry of Chemicals & Fertilizers – Urea Policy Updates
