Who is the owner of Nagarjuna Fertilizers?

Who is the owner of Nagarjuna Fertilizers?

Founded in 1973 by Shri K V K Raju with a modest investment of Rs. 50 million, the Nagarjuna Group today is a prominent industrial house in India with an asset base of Rs. 43 billion.

What happened to nagarjuna Fertilizers?

PEER COMPANIES. New Delhi: Nagarjuna Fertilizers and Chemicals Ltd on Saturday reported a consolidated net loss of Rs 218.99 crore for the quarter ending March. The company posted a net loss of Rs 615.33 crore for 2020-21 as against a net loss of Rs 458.89 crore in 2019-20.

Is Nagarjuna Fertilizers debt free?

The company’s total debt stood at Rs 1,453 crore as on March 31. In February, India Ratings had affirmed a ‘D’ rating on Nagarjuna Fertilizers’ fund-based limit of Rs 803 crore, non-fund-based limit of Rs 1,181 crore and long-term loans worth Rs 545.5 crore.

Why Nagarjuna Fertilizers and chemicals?

The flagship company of the Nagarjuna Group, Nagarjuna Fertilizers and Chemicals Limited is a leading manufacturer and supplier of plant nutrients in India. Commencing operations in 1986-87, today our asset base is around Rs. 21 billion. We have the distinction of being the single largest private sector investment in Southern India.

Where is the Kakinada plant located?

It is strategically located at Kakinada, a seaport on the east coast of India in the state of Andhra Pradesh. The company enjoys close proximity to raw materials and a ready market at its doorstep. The Natural gas based plants operate with one of the lowest energy consumption rates in the world.

Who is the lead fertilizer supplier of India?

Nagarjuna has been nominated as the Lead Fertilizer Supplier (LFS) by the Government of India in Andhra Pradesh, Orissa and West Bengal as a coordinator between the Government and the Industry. Nagarjuna currently markets about 1.9 million tons of urea (including imports).

What are the facilities provided to employees at Kakinada?

The plant site at Kakinada provides several employee friendly facilities like well managed canteen, club house with most modern recreational facilities including indoor games, swimming pool, theater etc. Several programs are regularly organised for employees and their families like sports and cultural events.

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