MADRAS FURTILIZER
NAME :- PRANAV PRAKASH SHINDE
ROLL NO. :- 187
SUBJECT :- – ENTERPRISES ANALYSIS AND DESK RESEARCH
PROJCT GUIDE – DIRECTOR SACHIN BORGAVE SIR
SHRI. SARAVANAN U
CHAIRMAN & MANAGING DIRECTOR
AT
MADRAS FERTILIZERS LTD.
CHENNAI, TAMIL NADU, INDIA
• PRESENTLY WORKING AS A CHDIR
WORKING AS A CHAIRMAN AND MANAGING DIRECTOR OF MADRAS FERTILIZERS LIMITED(A PUBLIC SECTOR COMPANY UNDER THE MINISTRY OF CHEMICALS &
FERTILIZERS HAVING ANNUAL TURNOVER OF RS.2000 TO RS.2500 CRORE )
• CHAIRMAN OF MFL BOARD.
FUNCTIONED AS A DIRECTOR TECHNICAL OF FACT(FERTILIZERS AND CHEMICALS TRAVANCORE)
A MEMBER OF FERTILIZERS ASSOCIATION OF INDIA TECHNICAL TEAM
MEMBER OF AMERICAN INSTITUTE OF CHEMICAL ENGINEERS
• LIFE MEMBER (LM 42453) IN INDIAN INSTITUTE OF CHEMICAL ENGINEERS
• MEMBER (M-3033) IN IOD (INSTITUTE OF DIRECTORS).
• HAVE RECEIVED A CERTIFICATE OF “CERTIFIED CORPORATE DIRECTOR “ GIVEN UNDER THE SEAL OF IOD (INSTITUTE OF DIRECTORS).
• TOTALLY HAVING 31 YEARS OF SERVICE COVERING BOTH REFINERY AND FERTILIZERS SECTORS INCLUDING AN EXPERIENCE OF COMMISSIONING OF 0.6MMPTA OF
OLEFINS PROJECT AT RAYONG, THAILAND UNDER TOYO ENGINEERING CORPORATION, JAPAN.
• DESIGNATED AS A UOP GRADUATE IN RECOGNITION OF SUCCESSFUL COMPLETION OF THE UOP INTRODUCTION TO THE PROCESS DESIGN TRAINING HELD AT
DESPLAINES, ILLINOISE, UNITED STATES OF AMERICA.
• WORKED WITH SHELL GLOBAL SOLUTIONS (MALAYSIA) WORK TEAM FOR BIP (BUSINESS IMPROVEMENT PROGRAM ) IN CHENNAI PETROLEUM CORPORATION LIMITED
AS A FOCAL POINT FOR DISTILLATION GROUP
• COMMISSIONED AN ASPEN TECH (FORMERLY SETPOINT INC.) ADVANCE PROCESS CONTROLS FOR DISTILLATION UNITS AT BHARAT PETROLEUM CORPORATION
LIMITED, MUMBAI, INDIA.
• OPTIMIZED OPERATING CONDITIONS FOR DEEP CUT VACUUM TO IMPROVE THE YIELD OF HEAVY VACUM GAS OIL (0.07452 MMTPA ) WITHOUT ANY CAPEX
• FAMILIAR WITH THE PROCESS SIMULATION SOFTWARE LIKE HYSYS, HTRI, PIPESIM, FLARENET
• TEAM HEAD TO PREPARE DEPARTMENTAL PROCEDURES AND MANUALS OF 3MMTPA REFINERY FOR QEHS (ISO QUALITY, ENVIRONMENT, HEALTH & SAFETY)
CERTIFICATE
GOI Nominee Director Director-Technical
Shri K Shri Harsh Malhotra
Gurumurthy
NIOC Nominee Directors
• Shri Mohammad • Shri Babak Mrs Samieh Kokabi
Bagher Dakhili Bagherpour
Independent Directors
Shri Nalabothu Venkata Dr C R Shri Sanjay
Madras Fertilizers.
COMPANY PROFILE
• MFL WAS INCORPORATED ON DECEMBER 8, 1966 AS A JOINT VENTURE BETWEEN GOI AND AMOCO
INDIA INCORPORATED OF U.S.A (AMOCO) IN ACCORDANCE WITH THE FERTILIZER FORMATION
AGREEMENT EXECUTED ON 14.5.1966 WITH EQUITY CONTRIBUTIONS OF 51% AND 49%
RESPECTIVELY. IN ACCORDANCE WITH THE PARTICIPATION AGREEMENT BETWEEN GOI, AMOCO AND
NATIONAL IRANIAN OIL COMPANY (NIOC), AN UNDERTAKING OF GOVERNMENT OF IRAN, NIOC
ACQUIRED 50% OF THE SHAREHOLDING OF AMOCO IN MFL ON 22.11.1972. WITH THIS
ACQUISITION, SHAREHOLDING OF AMOCO AND NIOC WERE AT 24.5% EACH, WITH THE BALANCE
51% BEING HELD BY GOI. SUBSEQUENTLY, ON 22.7.1985, THE SHAREHOLDING OF AMOCO WAS
PROPORTIONATELY PURCHASED BY GOI AND NIOC. AS A RESULT, GOI AND NIOC SHAREHOLDING
WAS REVISED TO 67.55% AND 32.45% RESPECTIVELY. SUBSEQUENT TO THE ISSUE OF RIGHTS
SHARES IN 1994 FOR PART-FINANCING THE PROJECT, THE HOLDING OF GOI AND NIOC STOOD AT
69.78% AND 30.22% RESPECTIVELY.
HISTORY
• MADRAS FERTILIZERS LIMITED (MFL) WAS INCORPORATED IN DECEMBER 1966
AS A JOINT VENTURE BETWEEN GOI AND AMOCO INDIA INCORPORATION OF
USA (AMOCO) WITH GOI HOLDING 51% OF THE EQUITY SHARE CAPITAL. THE
COMPANY IS ENGAGED IN THE MANUFACTURE OF AMMONIA, UREA AND
COMPLEX FERTILIZERS AT MANALI, CHENNAI. THE COMPANY IS THE FIRST
PUBLIC SECTOR UNDERTAKING IN THE FERTILIZER INDUSTRY TO GET THE ISO
9002 CERTIFICATION.
VISION MISION
• TO BECOME A LEADER IN FERTILIZER AND • OUR MISSION IS TO ACHIEVE ALL ROUND
PROCESS INDUSTRY AND IN EXCELLENCE IN THE SPHERES OF MANUFACTURE
PRODUCTION/MARKETING OF AND MARKETING OF CHEMICAL FERTILIZERS, BIO
FERTILIZERS, AGROCHEMICALS PAVING WAY FOR
AGROCHEMICALS AND OTHER ECO-
INCREASED AGRICULTURAL PRODUCTION AND
FRIENDLY PRODUCTS LIKE
PRODUCTIVITY, MAXIMIZING SHAREHOLDERS
BIOFERTILIZERS/NEEMPESTICIDES VALUE AND GUARDING INTEREST OF ALL STAKE-
THROUGH EFFICIENT OPERATION, QUALITY HOLDERS OF THE COMPANY.
PRODUCT, MARKET ORIENTATION AND
DEDICATED MANPOWER.
FINANCIALS
QUARTERLY FINANCIALS
(INR) Dec 2021 Y/Y
Revenue 648.17Cr 46.69%
Net income 53.26Cr 801.18%
Diluted EPS 3.31 794.59%
Net profit margin 8.22% 513.43%
Operating income 70.36Cr 149.77%
Net change in cash - -
Cash on hand - -
Cost of revenue 421.99Cr 25.42%
ENVIRONMENTAL AWARDS WON BY
MFL
[Link] Name of Award Year
1 Jawaharlal Nehru Gold award for Best 1992-93
Environmental & Ecological
Implementation
2 J.N Gold award for best Environmental 1993-94
& Ecological Implementation
3 J.N Gold award for Best Environmental 1997-98
& Ecological Implementation
4 Lal Bahadur Sastri Memorial Gold 1998-99
Award for Best Environmental &
Ecological Implementation
5 Millenium National Award for Best 2000
Pollution Control Implementation Gold
Award
6 International Greenland Society Award 2000-2001
for Excellent Environment & Ecological
Implementation
7 Indira Gandhi Memorial National 2001-2002
Award for Best Environmental &
ACHACHIEVEMENTS
ACHIEVEMENTS
• MFL SUCESSFULLY COMPLETED THE FEED STOCK CONVERSION FROM NAPHTHA TO RLNG DURING THE YEAR 2019.
• MFL HAS A CREDITABLE RECORD OF SUCCESS IN PRODUCTION, ENERGY CONSERVATION, PROMOTIONAL
ACTIVITIES AND AS A RESPONSIBLE CORPORATE CITIZEN.
• MFL BAGGED THE PRESTIGIOUS AWARD FROM FERTILIZER ASSOCIATION OF INDIA FOR OUTSTANDING
PERFORMANCE IN PRODUCTION OF PHOSPHATE FERTILIZERS.
• RECEIVED THE BEST FARMERS SERVICE AWARD INSTITUTED BY GANDHI GRAM RURAL INSTITUTE, TAMIL NADU AND
JAWAHARLAL NEHRU MEMORIAL NATIONAL AWARD FOR EFFECTIVE IMPLEMENTATION OF POLLUTION CONTROL.
• VIDEO FILM ON THE USE OF BIOFERTILIZERS WAS JUDGED AS THE BEST ENTRY BY THE FERTILIZER ASSOCIATION
OF INDIA AND ALSO ANOTHER FILM ON BIOFERTILIZERS WAS JUDGED AS THE BEST ENTRY FOR THE SECOND TIME.
• VIDEO FILMS ON PADDY AND BALANCED FERTILIZER APPLICATION WERE JUDGED AS THE BEST ENTRIES AND A
CERTIFICATE OF MERIT WAS AWARDED FOR THE VIDEO FILM ON BANANA.
• MFL WAS CONFERRED WITH BEST TAX PAYER AWARD.
• MFL RECEIVED OFFICIAL LANGUAGE IMPLEMENTATION AWARD.
PERFORMANCE
Imported
Production Sales DAP MOP Turnover TCI
Year (In MT) (In MT) (In MT) (Rs Cr.) (Rs Cr.)
Urea NPK Urea NPK
2020-2021 480,865 53,565 479,402 51,868 – 1532.79 34.41
2019-2020 345,150 65,000 323,764 65,517 – 1291.99 (148.70)
2018-2019 394,300 52,000 419,765 27,427 – 1593.00 (83.24)
2017-2018 418,898 62,110 473,039 73,954 – 1664.39 (61.96)
2016-2017 468,438 48,895 435,539 33,407 – 1400.22 (23.31)
2015-2016 407,311 34,816 355,124 34,807 – 1201.64 (189.54)
2014-2015 328,900 74,272 326,499 74,226 – 1701.87 (134.69)
CURRENT PROJECTS
• FEEDSTOCK CONVERSION FROM NAPTHA TO NATURAL GAS. AFTER
FEEDSTOCK CONVERSION MFL AMMONIA PLANT CAN RUN.
• 100% PLANT LOAD WITH NATURAL GAS.
• 100% PLANT LOAD WITH NAPTHA.
• 100% PLANT LOAD WITH BOTH NATURAL GAS & NAPTHA.
• FIRING FUEL CHANGE-OVER FROM FO TO NATURAL GAS FOR OIL-
FIRED BOILERS :
• BOILER CAN RUN EITHER ON NG OR FO OR COMBINATION OF BOTH.
• ALREADY 110 ATA BOILER HAS BEEN PROVIDED WITH DUAL-BURNERS.
• PROCESS CONDENSATE BOILER DUAL-BURNER MODIFICATION TAKEN
UP.
• NAPHTHA DE-AREATOR FOR BOTH PROCESS & FUEL
REQUIREMENTS.
• TWO NUMBERS ADDITIONAL COOLING TOWERS INSTALLATION –
TENDERING IN PROGRESS.
INSTALLATION OF NEW ROTARY DRYER IN NPK A TRAIN.
REPLACEMENT OF HIGH-ENERGY CONSUMING TURBINES FOR
MAJOR EQUIPMENT WITH HIGH-EFFICIENCY TURBINES.
EOI CALLED FOR SUPPLY OF NG AT MFL BATTERY-LIMIT.
FUTURE PROJECTS
• STATE-OF-ART AMMONIA / UREA / NPK PLANTS (BROWNFIELD PLANTS).
• NPK B TRAIN REFURBISHMENT.
• POTASH GODOWN WITH MATERIAL HANDLING SYSTEM – CONSTRUCTION.
• PRODUCTION OF NEEM-COATED UREA: UNDER TEFR STAGE.
• CONTAINER TERMINAL UTILIZING THE EXCESS LAND AVAILABLE WITHIN THE MFL
PREMISES AT MANALI.
• POWER GENERATION ONCE NATURAL GAS IS AVAILABLE AT THE MFL BATTERY-LIMIT.
• EOI CALLED FOR PROMOTING THE GUINDY PROPERTY UNDER JV CONCEPT.
THANK YOU