India’s agriculture sector is heavily dependent on fertilizers, which form the backbone of modern farming. As the second-largest consumer of fertilizers globally, the country’s demand continues to grow year after year. However, a large section of farmers is still unaware of the wide variety of fertilizers available and often depends on local dealers for guidance.
Fertilizer Industry in India
India is among the world’s leading producers of fertilizers, ranking:
3rd in overall fertilizer production
2nd in nitrogen-based fertilizers
3rd in phosphatic fertilizers
Fertilizers account for nearly 25% of India’s GDP market capitalization in agribusiness.
Currently, the country operates:
57 large fertilizer units (including 29 urea plants and 9 ammonium sulfate plants)
64 small-scale units manufacturing single super phosphate
The top fertilizer-producing states are Gujarat, Tamil Nadu, and Uttar Pradesh.
Top Fertilizer Companies in India
1. Indian Farmers Fertilizer Cooperative Limited (IFFCO)
Founded: 1967
Products: Urea, DAP, NPK, complex fertilizers
Revenue: ₹60,000 Cr
HQ: New Delhi
The largest fertilizer cooperative in India, IFFCO serves millions of farmers with sustainable, farmer-friendly initiatives.
2. Chambal Fertilizers and Chemicals Limited
Founded: 1985
Products: Urea, DAP, NPK fertilizers
Revenue: ₹16,000 Cr
Market Cap: ₹11,000 Cr
HQ: New Delhi
Part of the KK Birla Group, Chambal accounts for nearly 13% of India’s urea output and is known for technology-driven growth.
3. Coromandel International Limited
Founded: 1961
Products: Phosphatic fertilizers, GROMOR Urea, crop protection chemicals
Revenue: ₹13,000 Cr
Market Cap: ₹28,000 Cr
HQ: Secunderabad, Telangana
A Murugappa Group company, Coromandel is a leading private fertilizer producer with a strong reputation for innovation.
4. Krishak Bharati Cooperative Limited (KRIBHCO)
Founded: 1980
Products: Urea, ammonia, complex fertilizers
Revenue: ₹13,000 Cr
HQ: Noida, Uttar Pradesh
KRIBHCO is known for eco-friendly fertilizers and extensive farmer education programs.
5. Rashtriya Chemicals & Fertilizers Limited (RCF)
Founded: 1978
Products: Bharat Urea, Bharat NPK 15:15:15, micronutrients
Revenue: ₹12,000 Cr
Market Cap: ₹5,800 Cr
HQ: Mumbai, Maharashtra
A PSU that produces both fertilizers and industrial chemicals, with a strong focus on sustainability.
6. Gujarat State Fertilizers & Chemicals Ltd (GSFC)
Founded: 1962
Products: Urea, ammonium sulfate, NPK blends
Revenue: ₹9,200 Cr
Market Cap: ₹6,300 Cr
HQ: Vadodara, Gujarat
A state-owned giant, GSFC is known for its R&D and CSR initiatives.
7. Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC)
Founded: 1976
Products: Urea, Nitrophosphate, Neem cake
Revenue: ₹8,600 Cr
Market Cap: ₹9,000 Cr
HQ: Bharuch, Gujarat
GNFC also has businesses in chemicals and IT, with fertilizers as its backbone.
8. Deepak Fertilizers and Petrochemicals
Founded: 1979
Products: Nitrophosphate (24:24:0), water-soluble fertilizers
Revenue: ₹8,200 Cr
Market Cap: ₹7,000 Cr
HQ: Pune, Maharashtra
Known for its Mahadhan brand, Deepak Fertilizers offers more than 48 products and exports globally.
9. Paradeep Phosphates Ltd (PPL)
Founded: 1981
Products: DAP, SSP, phosphatic fertilizers
Revenue: ₹7,800 Cr
Market Cap: ₹4,700 Cr
HQ: Paradeep, Odisha
One of India’s largest phosphatic fertilizer producers, with strong R&D focus.
10. Fertilizers and Chemicals Travancore Ltd (FACT)
Founded: 1943
Products: NPK blends, urea, ammonium sulfate
Revenue: ₹3,300 Cr
Market Cap: ₹21,000 Cr
HQ: Kochi, Kerala
One of the oldest fertilizer PSUs, FACT mainly serves South India.
11. Mangalore Chemicals and Fertilizers Ltd (MCFL)
Founded: 1974
Products: Urea, DAP, NPK fertilizers
Revenue: ₹2,800 Cr
Market Cap: ₹1,100 Cr
HQ: Mangalore, Karnataka
Part of the UB Group, MCFL also manufactures industrial acids.
12. National Fertilizers Limited (NFL)
Founded: 1986
Products: Neem-coated urea, bentonite sulphur
Revenue: ₹2,600 Cr
Market Cap: ₹3,500 Cr
HQ: Noida, Uttar Pradesh
NFL runs five major plants, ensuring nationwide supply.
13. Madras Fertilizers Ltd (MFL)
Founded: 1966
Products: Vijay NPK 17:17:17, urea, ammonium nitrate
Revenue: ₹2,300 Cr
Market Cap: ₹1,100 Cr
HQ: Chennai, Tamil Nadu
A leading South Indian PSU focusing on R&D and sustainability.
14. Tata Chemicals Limited
Founded: 1990
Products: Tata Bahaar, GeoGreen, consumer products (salt, homecare)
Revenue: ₹2,000 Cr
Market Cap: ₹25,000 Cr
HQ: Mumbai, Maharashtra
Part of the Tata Group, Tata Chemicals has a global presence across fertilizers, chemicals, and consumer goods.
15. Nagarjuna Fertilizers and Chemicals Ltd (NFCL)
Founded: 1986
Products: Urea, DAP, NPK fertilizers, sulfuric acid
Revenue: ₹1,500 Cr
Market Cap: ₹605 Cr
HQ: Hyderabad, Telangana
NFCL is a well-known fertilizer brand with strong distribution across India.
Conclusion
India’s fertilizer sector is a mix of cooperatives, PSUs, and private giants, each contributing to the nation’s food security. From IFFCO and KRIBHCO’s farmer-first approach to Tata Chemicals’ global reach, these top companies continue to shape the future of agriculture in India.