Mangalore Chemicals & Fertilisers Limited, a part of UB Group, was incorporated in 1966 as Malabar Chemical & Fertilisers Pvt Ltd. The Company is engaged in the business of manufacturing, purchase and sale of fertilizers like Ammonia, Urea, Diammonium Phosphate and Ammonium Bicarbonate. The Company has manufacturing facility in India.
The company was originally promoted by Duggal Enterprises Pvt Ltd, International Development & Investment Company, Bahamas and the Karnataka Government. The company went public in the next year of it's incorporation ie in 1967. In December 1991 it was renamed as Mangalore Chemicals & Fertilizers (MCF).
The company came into the fold of UB Group in 1990, after it was selected to bail out the ailing company by the chief promoter of the company Karnataka G ...overnment in conjunction with the Institutions/Banks led by IDBI & SBI. UB Group suspended the operations of MCF due to labour unrest during 1992. Subsequently, MCF became a sick unit and was referred to the BIFR.
In 1995-96, many of the concessions sought in the revival plan prepared by the UB Group including the introduction of SPIC and Emirates Trading Agency as co-promoters. This were not accepted by the Government of Karnataka, Banks, and Government of India. BIFR directed IDBI, the operating agency, to issue an advertisement calling for bids. No acceptable bid was, however, received and accordingly, BIFR directed the existing promoter to submit its final revival proposal. The proposal is being actively pursued by the UB Group for the revival of the company.
In April, 2000 the company completed the first phase of the revamp of the Ammonia/ Urea plants at a cost of Rs.53 crores. A pipe reactor, a new pre-neutralizer and an efficient de-dusting system were installed. In 2010-11, the Company introduced two unique concepts viz. Mangala Mitra and Mangala Saathi. It introduced Plant Protection (PP) Chemicals business in July 2010. It further launched two products in the Mangala brand name, viz., Mangala Mahakill an insecticide and Mangala Samhar, a Herbicide.
It commissioned a Specialty Fertilizer manufacturing facility in April 2011 with an annual capacity of 12,000 MTs at its factory in Mangalore to produce Water Soluble Fertilizers and Micronutrient Mixtures. It launched three products in the Mangala brand name, viz., Mangala Mahacardo (an insecticide), Mangala COC (a fungicide) and Mangala Pardic (a weedicide) in 2013.
It introduced two products in the Mangala brand name, viz., Mangala DiDips (an insecticide) and Mangala Surakshit (a fungicide) in 2014-15. The LNG terminal at Kochi was commissioned in September 2013. 3 new dual feed Diesel Generators were commissioned in 2012 and 3 new dual feed Diesel Generators have been procured from Wartsila, Finland and installed to complete changeover in CPP in 2013-14. It commissioned the Gas Conversion Project of Urea operations in June, 2014 costing around Rs 315 Crores.
It launched four insecticides in Mangala brand, viz., Mangala Bold, Mangala Hytop, Mangala Phoramcf and Mangala Monster, and one fungicide, viz., Mangala Akraman in 2015-16. The Company's Ammonia Plant Energy Reduction Project was commissioned in June 2017. The Roof Top Solar Photo Voltaic System with a capacity of 251.23 kWp at Mangalore plant was commissioned in January 2019. The KKBML Natural Gas Pipeline from Kochi to Mangalore was completed by GAIL and Natural gas was charged to the Company's factory battery limit on 23rd November 2020. The natural gas based urea production was started after testing and commissioning protocols on December 12, 2020 and full load production was achieved on December 15, 2020.
The Ammonia Plant Project was completed and production was commenced in September 2022. The revamp also increased about 25% capacity in Ammonia production substituting the part of Company's ammonia import.
The Company has taken up project to expand its sulphuric acid production capacity from 100 to 400 t/d in FY 2024. The Sulphuric Acid production expansion project is progressing and it is scheduled for completion in Q2 of FY26.
Similar Stocks
Company
52 Week
Market Price
P/E Ratio
FAQs on Mangalore Chemicals & Fertilizers Ltd
1. Can I buy Mangalore Chemicals & Fertilizers Ltd from PL Capital? ›
Yes, you can invest in Mangalore Chemicals & Fertilizers Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Mangalore Chemicals & Fertilizers Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Mangalore Chemicals & Fertilizers Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Mangalore Chemicals & Fertilizers Ltd pay dividends? ›
Mangalore Chemicals & Fertilizers Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Mangalore Chemicals & Fertilizers Ltd ? ›
As of
23-09-2025 the share price for Mangalore Chemicals & Fertilizers Ltd. is 316 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Mangalore Chemicals & Fertilizers Ltd ? ›
The 52-week high and low of Mangalore Chemicals & Fertilizers Ltd share price is ₹ 121.2 - ₹ 373.15 as of
23-09-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
