IFFCO AT A

GLANCE
 FOREWOR
D

The booklet “IFFCO at a Glance“ is a popular annual

compilation providing key information of the Society in a
concise format. I am happy that the booklet, apart from
providing vital information to the visitors, is being used by
IFFCO officials as a ready reckoner of statistical data.

Important Information have been incorporated under chapter

“Vision 2010” for convenience of our International Guests.
With Best Wishes

(Dr. U.S. AWASTHI)

Managing Director
 INDEX

S. No C o n t e n t s Page
No.
1. Origin of IFFCO 01
2. IFFCO In Brief 02
3. Share Capital 04
4. Membership 05
5. Cumulative Performance 06
6. IFFCO Plants 08
7. Growth in Production Capacities 14
8. Achievements / Highlights of 2008-09 18
9. Production Performance 23
10. Marketing Territories and Channels 32
11. Distribution and Warehousing 34
12. Sales Performance 35
13. Financial Performance/Credit Ratings 42
14. Human Resources 49
15. Service to Farmers 51
16. Cordet / Bio Fertilisers 56
17. Information and Communication Technology 59
18. Major Awards Received 65
19. Investments outside IFFCO 75
20. Vision - 2000 85
21. Diversification and Joint Ventures 89
22. Vision 2010 & Imp. Information for International Guests 111
IFFCO - IN BRIEF

(As on May
2009)

• Largest producer of fertilisers in

the country

• No. of Plant Locations : Five

•MT)Installed Annual Capacity (‘000

 UREA - 4242.2

 NPK/DAP - 4335.4

 TOTAL ‘N’ - 2628.2

 TOTAL ‘P2O5’ - 1712.8

 IFFCO - IN BRIEF

 Only Fertiliser Institution in the country to

produce 71.68 lakh MT and sell 112.58 lakh
MT of fertilisers during 2008-09

 Contributed about 21.4% to the total ‘N’ and

27% to the total “P2O5” produced in the
country during the year 2008-09

 Fertilisers marketed through 39824

Cooperative Societies and 158 Farmers
Service Centres

 Service to the Farmers through a variety of

programmes
 SHARE CAPITAL

(As on 31st March 2009)

(Rs in Crore)

Authorised Share Capital : 1000.00

Subscribed and : 426.28
Paid up Capital

(All Share Capital wholly owned by

Cooperatives only)
GROWTH IN NUMBER OF MEMBER
SOCIETIES

(As on 31st March)

39824
37381
35072
30200
26960 28134
25528

57

1967-68 1974-75 1980-81 1986-87 1992-93 1998-99 2004-05 2008-09

CUMULATIVE PRODUCTION TILL
DATE

(As on 31st March 2009) (Lakh

MT)

UNIT PRODUCT PRODUCTION

KALOL UREA 144.35

PHULPUR - I UREA 148.21
PHULPUR - II UREA 96.92
AONLA - I UREA 174.44
AONLA - II UREA 107.79
TOTAL UREA 671.71
KANDLA NPK 250.35
DAP 157.45
PARADEEP NP 14.74
DAP 14.78
TOTAL NPK/DAP 437.32
TOTAL FERTS. 1109.03
NUTRIENTS ‘N’ 368.71
‘P2O5’ 156.46
 CUMULATIVE ACHIEVEMENTS
TILL DATE

(As on 31st March 2009)

FERTILISER PRODUCTION 1109.03 Lakh MT

FERTILISER SALE 1238.58 Lakh MT

TURNOVER Rs. 1,24,938 Crore

PROFIT BEFORE TAX Rs. 6,887 Crore

PROFIT AFTER TAX Rs. 5,354 Crore

CONTRIBUTION TO EXCHEQUER Rs 6,605 Crore

AONLA UNIT

YEAR OF COMMISSIONING : 1988

INVESTMENT : Rs. 651.6
Crore AONLA- I

YEAR OF EXPANSION : 1996

INVESTMENT : Rs. 954.7
Crore AONLA- II

YEAR OF DEBOTTLENECKING: 2008

INVESTMENT : Rs.149.2
Crore

PRODUCT CAPACITY
TECHNOLOGY
TPD TPA
AMMONIA 3480 11,48,400 HALDOR
TOPSOE
UREA 6060 19,99,800
SNAMPROGETTI
‘N’ 2788 9,19,908
GROWTH IN PRODUCTION
CAPACITIES

(000 MT)

As on Date UREA NPK/DAP Total

Ferts.
Jan.’75 - 415.6 415.6
Apr.’75 396.0 415.6 811.6

Mar.’81 891.0 415.6 1306.6

Sep.’81 891.0 881.3 1772.3

Jul.’88 1617.0 881.3 2498.3

Dec.’96 2343.0 881.3 3224.3

Aug.’97 2491.5 881.3 3372.8

Dec.’97 3217.5 881.3 4098.8

Aug.’99 3217.5 1600.1 4817.6

Apr.’01 3689.4 1973.6 5663.0

Apr.’02 3689.4 2191.1 5880.5

Apr.’04 3689.4 2415.4 6104.8

Oct.’05 3689.4 4335.4 8024.8

Dec ’08 4242.2 4335.4 8577.6

GROWTH IN PRODUCTION
CAPACITIES

(Lakh MT)

50
Urea 43.35
42.42

40 NPK/DAP 36.89 36.89 36.89 43.35

32.18 32.18
36.89
30 24.91
23.43

20 16.17
21.91
24.15
19.74
8.91 8.91 16.00
10 3.96
8.81 8.81 8.81 8.81 8.81
4.16 4.16 4.16
0
 HIGHLIGHTS OF 2008-09

Production of Fertilisers 71.68 lakh MT

(Previous Best 70.12 lakh MT in 2006-07)
Highest Production of Urea 40.68 lakh MT
(Previous Best 39.63 lakh MT in 2007-08)
Production of NPK/DAP/NP/MAP 31.00 lakh MT
(Best 32.26 lakh MT in 2006-07)
Highest Sales of Fertilisers 112.58 lakh MT
(Previous Best 93.24 lakh MT in 2007-08)
Highest Sale of Urea 58.69 lakh MT
(Previous Best 54.29 lakh MT in 2007-08)
Highest Sales of NP/NPK/DAP/MOP 53.89 lakh MT
(Previous Best 38.95 lakh MT in 2007-08)

Contd….
HIGHLIGHTS OF 2008-09

Profit Before Tax Rs. 441.95 Crore

(Best Rs. 807.09 crore in 2002-03)
Profit After Tax Rs. 360.01 Crore
(Best Rs. 557.21 crore in 2002-03)
Highest Sales Turnover Rs. 32933 Crore
(Previous Best Rs 12163 crore in 2007-08)
Plant Productivity 1376 MT/Employee *
(Best 1669 MT/Employee in 2005-06)
Highest Marketing Productivity 7397 MT/Employee
(Previous Best 6158 MT/Employee in 2007-08)
Composite Energy Consumption 5.941 Gcal/MT
(Lowest 5.907 Gcal/MT of Urea in 2007-08) of Urea

* Includes Paradeep Unit

HIGHLIGHTS OF 2008-09

KALOL

Produced 5.60 lakh MT of Urea with capacity

utilisation of 103%. Achieved lowest specific
energy consumption of 5.949 Gcal/MT of Urea
during 2008-09.

PHULPUR

Produced 15.03 lakh MT of Urea with capacity

utilisation of 106%.

Phulpur-I produced highest ever 6.625 LMT of

Urea with specific energy consumption of 6.895
Gcal/MT of Urea. Phulpur-II operated with
specific energy consumption of 5.988 Gcal/MT
of Urea.
 HIGHLIGHTS OF 2008-09

AONLA
Highest ever yearly production of 20.05 lakh MT
of Urea with capacity utilisation of 116%.
Previous best was 18.65 lakh MT of Urea in
2007-08.
Aonla-I and Aonla-II operated with specific
energy consumption of 5.697 Gcal/MT and
5.522 Gcal/MT of Urea , respectively.

KANDLA
The unit produced 17.94 lakh MT of
NPK/DAP/MAP. Best production was 26.86 lakh
MT of NPK/DAP in 2005-06.

The plant operated with specific energy

consumption of 0.304 Gcal/MT of P2O5. Best was
0.222 Gcal/MT of P2O5 in 2005-06.
HIGHLIGHTS OF 2008-09

PARADEEP

Unit produced highest ever 13.06 lakh MT of

NP/DAP during the year 2008-09 registering a
rise of 50.8 % over last year.

MARKETING DIVISION

Society achieved highest ever sales of 112.58

lakh MT of fertilisers during 2008-09. Previous
best was 93.24 lakh MT in 2007-08.

Society achieved highest ever sales of 58.69

lakh MT of Urea and 53.89 lakh MT of
NP/NPK/DAP/MOP during 2008-09. Previous
best was 54.29 lakh MT of Urea and 38.95
lakh MT of NPK/DAP during 2007-08.
TOTAL FERTILISER PRODUCTION

(Lakh MT)

71.68
70.12 68.47
61.54 64.35

2004-05 2005-06 2006-07 2007-08 2008-09

PRODUCTWISE PRODUCTION
PERFORMANCE
(Lakh MT)

COMPLEX UREA TOTAL 71.68

70.12 68.47
64.35
61.54

40.68
37.86 39.63
37.14 37.18
32.26 31.00
27.17 28.84
24.4

2004-05 2005-06 2006-07 2007-08 2008-09

NUTRIENTWISE PRODUCTION
PERFORMANCE

(Lakh MT)

P2O5 N 23.29
22.17 22.36
20.71 20.85

11.29
9.38 9.76 9.94
9.18

2004-05 2005-06 2006-07 2007-08 2008-09

 UNITWISE PRODUCTION
PERFORMANCE

(Lakh
MT)
UNIT PLANT 2004-05 2005-06 2006-07 2007-08 2008-09
KALOL AMMONIA 3.42 3.44 3.46 3.18 3.28
UREA 5.55 5.45 5.60 5.45 5.60
PHULPUR-I AMMONIA 3.36 3.20 3.41 3.76 3.93
UREA 5.65 5.51 5.73 6.30 6.63
PHULPUR-II AMMONIA 4.97 5.16 5.06 5.20 4.76
UREA 8.64 8.85 8.83 9.24 8.41
AONLA-I AMMONIA 5.13 4.79 5.08 5.10 5.69
UREA 8.65 8.63 8.85 8.76 9.87
AONLA-II AMMONIA 5.13 5.48 5.20 5.67 5.90
UREA 8.65 8.75 8.85 9.89 10.18
TOTAL UREA 37.14 37.18 37.86 39.63 40.68

Contd…
 UNITWISE PRODUCTION
PERFORMANCE

(Lakh MT)

UNIT PLANT 2004-05 2005-06 2006-07 2007-08 2008-09

KANDLA 10:26:26 3.87 5.83 5.72 8.41 10.41
12:32:16 7.63 11.23 11.00 6.91 5.38
DAP 12.91 9.81 8.04 4.86 2.15
NPK/DAP 24.40 26.87 24.76 20.18 17.94
PARADEEP NP - - 3.32 2.73 8.70
DAP - 0.30 4.18 5.93 4.37
NP/DAP - 0.30 7.50 8.66 13.06
Total 24.40 27.17 32.26 28.84 31.00
Complex

TOTAL MATERIAL
Complex 61.54 64.35 70.12 68.47 71.68
N 20.71 20.85 22.17 22.36 23.29
P2O5 9.38 9.76 11.29 9.94 9.18

Note : Kandla DAP include 25150 MT of MAP

during 2008-09
STREAM DAYS ACHIEVED

UNIT PLANT 2004-05 2005-06 2006-07 2007-08 2008-09

KALOL AMMONIA 344 325 327 315 336
UREA 337 328 328 320 331
PHULPUR-I AMMONIA 337 315 324 341 328
UREA 324 318 337 332 319
PHULPUR-II AMMONIA 330 336 316 329 293
UREA-I 327 335 309 339 299
UREA-II 320 324 308 322 301
AONLA-I AMMONIA 337 315 321 313 338
UREA-I 322 312 311 285 335
UREA-II 337 315 325 307 343
AONLA-II AMMONIA 341 362 326 334 346
UREA-I 332 332 313 330 331
UREA-II 339 347 324 322 334
 STREAM DAYS ACHIEVED

UNIT PLANT 2004-05 2005-06 2006-07 2007-08 2008-09

KANDLA TRAIN A 300 299 225 242 206

TRAIN B 317 317 303 249 203

TRAIN C 322 309 302 248 218

TRAIN D 296 329 299 239 194

TRAIN E 290 316 301 225 206

TRAIN F 285 321 293 235 190

AVERAGE 301 315 287@ 240 203 @

@ Low due to shortage of raw material

STREAM DAYS ACHIEVED

UNIT PLANT 2004-05 2005-06 2006-07 2007-08 2008-09

PARADEEP
SAP TRAIN - I - -
197 268 248
TRAIN - II - -
180 221 271
PAP TRAIN - A - -
308 275 306
NPK/DAP/NP TRAIN A - -
97 165 232
TRAIN B - - 96 107 218
TRAIN C - -
190 151 220
AVERAGE - -
128 141 223
 CAPACITY UTILISATION

(As Percentage)

UNIT PRODUCT 2004-05 2005-06 2006-07 2007-08 2008-09

KALOL UREA 102 100 103 100 103

PHULPUR-I UREA 103 100 104 114 120

PHULPUR-II UREA 100 102 102 107 97

AONLA-I UREA 100 100 102 101 114

AONLA-II UREA 100 101 102 114 118

KANDLA P2O5 103 106 96 73 60

PARADEEP P2O5 - - 32 41 47

TOTAL N 101 102 93 94 98

P2O5 103 106 66 58 53
 MARKETING TERRITORIES OF
IFFCO

MARKETING CENTRAL
OFFICE

NORTH CENTRAL
NORTH ZONE SOUTH ZONE WEST ZONE EAST ZONE
ZONE
(CHANDIGARH) (BANGALORE) (BHOPAL) (KOLKATA)
(LUCKNOW)

UP,BIHAR PUN, HAR, AP, TN, GUJ, MP,

ASSAM, ORISSA,
JHARKHAND, RAJ, J&K, KAR, MAH,
W.B.
UTTARANCHAL HP KERALA CHHATTISGARH
MARKETING CHANNELS

 Distribution of fertilisers mainly through the

Cooperative System:

State level Apex Cooperative

Marketing Federation acts as
wholesaler

Direct supplies to Societies in some

States

IFFCO-NCDC Cooperative Societies

Small quantities to institutional

agencies like Agro
Industries Corporation etc

158 IFFCO Farmers Service Centres

TOTAL SALE OF FERTILISERS

(Lakh MT)

112.58
93.24
81.95 86.1

64.64

2004-05 2005-06 2006-07 2007-08 2008-09

 SALES PERFORMANCE
(Lakh MT)

COMPLEX UREA
58.69
50.13 54.29 53.89
50.13

38.95
36.7
31.82 33.69
27.94

2004-05 2005-06 2006-07 2007-08 2008-09

 SALES PERFORMANCE

(Lakh MT)

PRODUCT 2004-05 2005-06 2006-07 2007-08 2008-09

UREA OWN 35.85 37.40 38.81 39.66 40.71
IMPORTS 0.85 12.73 13.60 14.63 17.98
TOTAL 36.70 50.13 52.41 54.29 58.69
20:20:0 - - 1.97 4.05 8.20
10:26:26 4.16 5.61 5.25 9.31 10.76
12:32:16 8.45 10.95 9.80 8.84 5.51
NP/NPK TOTAL 12.61 16.56 17.02 22.20 24.47
DAP OWN 14.63 9.56 9.89 14.23 6.63
IMPORTS 0.71 5.70 6.57 2.36 21.91
TOTAL DAP 15.34 15.26 16.46 16.59 28.54
MOP - - 0.21 0.16 0.88
NP/NPK/DAP/ TOTAL
27.94 31.82 33.69 38.95 53.89
MOP
TOTAL
64.64 81.95 86.10 93.24 112.58
FERTS.
SALES DURING KHARIF (Lakh MT)
SEASON

PRODUCT 2004 2005 2006 2007 2008

UREA 17.12 20.37 23.34 23.34 24.80

NP - - 0.91 2.81 3.75
NPK 10:26:26 1.65 2.90 3.02 3.78 6.49

NPK 12:32:16 2.48 3.21 3.94 5.69 2.96

NP/NPK 4.13 6.11 7.87 12.28 13.20

TOTAL
DAP/MAP 4.55 4.73 7.23 7.82 15.15
MOP 0.0 0.0 0.0 0.0 0.88
TOTAL 8.68 10.84 15.10 20.10 29.22
NPK/DAP
TOTAL 25.80 31.20 38.44 43.44 54.03
FERTS.
 SALES DURING KHARIF
SEASON
(Lakh MT)

COMPLEX UREA TOTAL

54.03

43.44
38.44

31.2 24.8
29.22
25.8 23.34
23.34
20.36 20.10
17.12
15.10
10.84
8.68

2004 2005 2006 2007 2008

 SALES DURING RABI
SEASON

(Lakh
MT)
PRODUCT 2004-05 2005-06 2006-07 2007-08 2008-09

UREA 19.58 29.76 29.07 30.95 33.89

NP - - 1.06 1.24 4.45
NPK 10:26:26 2.50 2.71 2.23 5.52 4.27
NPK 12:32:16 5.97 7.74 5.86 3.15 2.55
NP/NPK TOTAL 8.47 10.45 9.15 9.91 11.27
DAP/MAP 10.79 10.53 9.23 8.92 13.39
MOP - - 0.21 0.02 0.0
TOTAL
COMPLEX 19.26 20.98 18.59 18.85 24.67
TOTAL FERTS.
38.84 50.75 47.66 49.80 58.55
 SALES DURING RABI
SEASON

(Lakh MT)

COMPLEX UREA TOTAL

58.55
50.75 49.80
47.66
38.84
29.76 30.95 33.89
29.07
19.58

2004-05 2005-06 2006-07 2007-08 2008-09

 FINANCIAL
PERFORMANCE

(Rs. Crore)

2004-05 2005-06 2006-07 2007-08 2008-09

SALES TURNOVER 7396.98 9942.93 10330.11 12162.82 32933.30

PROFIT BEFORE TAX 470.92 481.90 251.25 380.52 441.95

PROFIT AFTER TAX 319.64 341.35 175.02 257.59 360.01

SHARE CAPITAL 421.31 422.73 422.92 423.93 426.28

RESERVES AND 2879.84 3132.66 3218.92 3264.73 3532.59

SURPLUS

NETWORTH 3301.15 3555.39 3641.84 3688.66 3958.87

NET ASSETS EMPLOYED 4369.49 9047.17 10661.98 10998.49 17303.77

INVESTMENTS – JOINT 690.73 776.16 740.46 770.57 914.00
VENTURES/ASSOCIATES
INVESTMENTS – - - - 646.16 6638.95
FERTILISER BONDS
 PROFIT BEFORE TAX
(PBT)

(Rs. Crore)

470.92 481.90
441.95
380.52
251.25

2004-05 2005-06 2006-07 2007-08 2008-09

 PROFIT AFTER TAX
(PAT)

(Rs. Crore)

341.35 360.01
319.64
257.59
175.02

2004-05 2005-06 2006-07 2007-08 2008-09

TURNOVER

(Rs. Crore)

32933

12163
9943 10330
7397

2004-05 2005-06 2006-07 2007-08 2008-09

 NETWORTH

(Rs. Crore)

3959
3555 3642 3689
3301

2004-05 2005-06 2006-07 2007-08 2008-09

 CREDIT RATINGS
ASSIGNED TO IFFCO
CRISIL Ratings :-

 AA-rating on IFFCO’S Long Term Borrowing

Programme. This rating indicates high degree
of safety with regard to timely payment of
interest and principal on the instrument.

 “P1+” rating to IFFCO’s Rs. 100 Crore

Commercial Paper Programme. This rating
indicates that the degree of safety with regard
to timely payment of interest and principal on
the instrument is Very Strong.

 Governance and Value Creation (GVC) rating

at “GVC Level 2”. This rating indicates that the
capability of the Society with respect to wealth
creation for all its stakeholders, while adopting
sound corporate governance practices, is
high.

Contd….
 HUMAN RESOURCES

PRODUCTIVITY PER EMPLOYEE

(MT)
(Production Units)

1669
1510
1394 * 1354 * 1376*

2004-05 2005-06 2006-07 2007-08 2008-09

* Including Paradeep Unit

 HUMAN RESOURCES

PRODUCTIVITY PER EMPLOYEE (MT)

(Marketing Division)

7397

6158
5565 5736

4043

2004-05 2005-06 2006-07 2007-08 2008-09

SERVICE TO FARMERS

Agricultural Extension and fertiliser use

promotion programmes are an integral part
of the marketing activity. Programmes are
conducted thru Area/State/Zonal offices under
the guidance of agricultural scientists.

Programmes undertaken are :

 Balanced Fertilisation programmes

 Adoption of villages for all round
socio-economic
development
 Farmers visit to various agricultural
institutes and research farms
 Farmers’ Meetings, Field Days and
Crop Seminars
 Static/Mobile Soil Testing Laboratories
with Audio-visual aids
 SERVICE TO FARMERS
(Number)

PROGRAMME 2004-05 2005-06 2006-07 2007-08 2008-09

TWO PLOT 936 710 763 1006 806

DEMONSTRATION
FARMERS’ 4671 4466 3208 3433 3450
MEETINGS

FIELD DAYS 777 734 714 779 807

CROP SEMINARS 154 157 151 169 124

CRITICAL INPUT 6836 8257 6011 6519 6842

PACKAGES

SOIL TESTING 1098 1056 652 530 542

CAMPAIGNS
 SERVICE TO FARMERS

(Number)

PROGRAMME 2004-05 2005-06 2006-07 2007-08 2008-09

VETERINARY 120 124 120 165 121
CAMPAIGNS
MEDICAL 106 105 66 108 10
CHECKUP
SALES POINT 920 1116 989 1111 1070
PERSONNEL
TRAINING
FARMERS 4695 3520 4269 5167 5912
TRAINING AND
VISITS (PP)
VILLAGES 420 405 402 431 438
ADOPTED

PP – Persons participated
 SERVICE TO FARMERS
(Rs. In Lakh)

ITEM 2004-05 2005-06 2006-07 2007-08 2008-09

GRANTS TO 129.29 163.90 172.20 186.00 225.00
CORDET
DEMONSTRATION 261.40 274.96 215.50 252.00 249.00
EXPENSES
BENEFIT TO 841.15 936.55 1025.49 1198.00 2370.00
FARMERS
TRAINING 108.66 133.50 184.73 169.48 213.87
EXPENSES
OTHER PROM. 318.12 331.12 434.37 696.81 926.63
PROG/CROP
FILMS/IRDP ETC
SANKAT HARAN 601.90 715.00 798.00 822.00 880.00
BIMA YOJANA
TOTAL 2260.52 2555.03 2830.29 3319.29 4864.50
EXPENDITURE
 PRODUCTION OF BIO -
FERTILISERS

CORDET - PHULPUR (Qty in

& KALOL MT)
(Annual Capacity 75
MT & 165 MT)
STRAIN 2004-05 2005-06 2006-07 2007-08 2008-09
Rhizobium 7.37 18.76 9.97 17.25 11.70
Azotobacter
120.20 159.28 158.06 168.82 224.76
PSB
172.77 228.42 204.00 211.01 284.08
Azospirillium
8.36 14.86 3.65 12.49 7.03
Acetobacter
30.43 9.80 18.59 5.59 2.35

Total
Production 339.13 431.12 394.27 415.16 529.91

Capacity
141.30 179.63 164.28 172.98 220.80
Utilisation (%)
 INFORMATION AND COMMUNICATION
TECHNOLOGY

 Wide Area Network (WAN) upto Area Office level

with Corporate Server at Delhi.
 Virtual Private Network (VPN) connecting all
Offices of IFFCO.
 IP Telephones available upto Area Office. Many
phones have video facility.
 Among first Corporate to successfully implement
e-procurement based on Public Key
Infrastructure, Digital Certificate under legal
framework of IT ACT 2000.
 Integrated Corporate enterprise wide
Applications in all Areas like HR, Finance,
Marketing, Transportation, Materials,
Maintenance, Production etc.
 Benefit of Pre-audit annual accounts by 1st week
of April every year for the last five years.
 Server consolidated at Head Office and disaster
recovery system set up at Kalol.
 MAJOR AWARDS RECEIVED

► Prestigious Economic Times Acer and

Intel Smart Workplace Award in the
Manufacturing and Industrial Segment
► “Best Content Service” as well as the
“Best Project Management” in respect
of IFFCO Kisan Sanchar Limited (IKSL)
at the World Communications Award
held at London
► Institute of Chartered Accountants of
India (ICAI) Award for Excellence in
Financial Reporting for IFFCO’s Annual
Report and Accounts for the year 2007-
08
► Best Cooperative Society Award from
Public Relations Society of India ( PRSI)
at its Golden Jubilee Ceremony in
Mauritius

Contd…
 MAJOR AWARDS
RECEIVED

 IFFCO has been ranked 1st in Sales

Turnover and 2nd in terms of Networth and
Profitability amongst unlisted enterprises
by Economic Times Intelligence Group for
the year 2007-08
 IFFCO has also got Prestigious CIO 100
Award by International Data Group (IDGI
India), the world’s leading Technology
Media Event and Research Group
 Best managed Workforce Award for the
year 2004 from Hewitt Associates and
CNBC TV-18
 Two Awards for Highly Commendable
Accounts
 National HRD Award from National HRD
Network for outstanding contribution in
HR Development

Contd…
 MAJOR AWARDS
RECEIVED

KALOL

 Seven Awards for Best Overall Performance

from FAI
 Three Awards for Industrial Safety from GOI
 Award for Technical Innovation from FAI
 Two Raj Bhasha Shields for promoting Hindi
 Four Awards for Safety from National Safety
Council, Chicago, Three Award from Gujarat
Safety Council and Certificate of “Lowest
Disability Injury Index”
 Indo German Greentech Environment
Excellence Award
 Three National Safety Award
 Three National Energy Conservation Award
and Letter of Appreciation from Govt. of
Gujarat
 Vishwakarma Rashtriya Puraskar to three
employees from Govt. of India

Contd….
MAJOR AWARDS RECEIVED
PHULP
UR
 Four Awards for productivity from NPC
 Six National Safety Awards from GOI
 Eight Awards for Best overall Performance
from FAI
 Two Awards for Technical Innovation from
FAI
 Award for Best Production Performance in
Nitrogenous Fertiliser
 Nine National Energy Conservation Awards
 Three Awards for Best Environmental
Protection from FAI
 TERI Corporate Environment Award
 Best Environmental Excellence Award
from Indo-German
Greentech Foundation
 Two Best Technical Paper Award by FAI

Contd…
MAJOR AWARDS RECEIVED
AONLA
 Award for Best Implemented Project (Second
Prize) from GOI
 Four Awards for Conservation of Energy
from GOI
 Two National Award for “Excellence in Energy
Management”
 Indo German and Greentech Environment
Excellence Award
 Award for Best overall performance from FAI
 Two Awards for Excellence in Safety from
FAI and one “National Safety Award “ from
DGFASLI
 Two Safety Awards from National Safety
Council of India
 Rajiv Ratna National Gold Award 2005 for
Best Executive
 Excellence Award for papers published on
“Safety and Health in Chemical Industry” and
“Hazard Identification & Risk Management”
Contd…
 Best Technical Innovation Award from FAI
INVESTMENTS OUTSIDE
IFFCO
(As on 31.03.2009)

IFFCO - TOKIO General Insurance Company Ltd.

(ITGI)

IFFCO’s Investment : Rs. 303.78 Crore

Percentage of Equity held : 72.64%
Activity : General
Insurance

Oman India Fertiliser Company (OMIFCO)

IFFCO’s Equity : Rs. 329.08 Crore

Percentage of Equity held : 25%
Plant Site : Sur, Oman
Products : Ammonia, Urea
INVESTMENTS OUTSIDE
IFFCO
National Commodity and Derivative Exchange
(NCDEX)
Paid up share capital : Rs. 30 Crore
IFFCO’s Equity : Rs. 3.60 Crore
Percentage of Equity held : 12%
Redeemable Preference Shares : Rs. 10 Crore
Activity : On Line
Trading in
commodity
futures
National Collateral Management Services Ltd. (NCMSL)
IFFCO’s Equity : Rs. 4 Crore
Percentage of Equity held : 13.56%
Activity : Collateral Risk
Management
Services
IFFCO Chhattisgarh Power Ltd
Project Cost (Estimated) : Rs. 7500 Crore
IFFCO’s Paid up Equity : Rs. 44.40 Crore
Debt : Equity Ratio : 70 : 30
IFFCO Equity : 74%
Activity : Power
Generation (1320 MW)
INVESTMENTS OUTSIDE
IFFCO

Kisan International Trading FZE (KIT)

Investment : Rs. 11 Crore*
Location : Dubai
Activity : Special purpose vehicle (SPV) for
shipping, logistics and investments in
new overseas Joint Ventures.
* Includes Rs. 9.80 crore towards 9
bonus shares received during
2007-08

Jordan India Fertiliser Company (JIFCO)

Project Cost : USD 580 Million
IFFCO Equity : 52% (Rs. 59.11 Crore)
JPMC Equity : 48%,
Activity : Phosphoric Acid Plant (1500
MT/Day)

IFFCO Kisan Sanchar Ltd. (IKSL)

Paid up Share Capital : Rs. 5 Crore
IFFCO Equity : Rs. 3.65 Crore
% of Equity held : 72.99 %
Activity : Rural Telecom related
Services
 EXPANSION PROJECTS

 Aonla project completed ahead of schedule in

Dec 1996 at a cost of Rs. 955 crore.
Commercial production started from
25.12.1996

 Kalol Ammonia and Urea Plants Revamped in

August 1997 at an investment of Rs. 149.7
crore

 Phulpur Expansion Project completed in

December 1997 within 32 months from the
zero date at an investment of Rs. 1190 crore.
Commercial Production started from
22.12.1997

 Kandla Expansion completed at a Project cost

of Rs. 205.3 crore and commercial
production started on 5.8.1999, 77 days ahead
of schedule
DIVERSIFICATION AND JOINT
VENTURES
IFFCO-TOKIO GENERAL
INSURANCE CO. LTD. (ITGI)

Diversified into General Insurance due to

 Tremendous potential available
 To serve the insurance needs of
farmers
 IFFCO’s Rural Brand Equity
 Low gestation period

The scope includes a mix of following:

 Rural Insurance Business
 Fire Insurance Business
 Marine Insurance Business
 Miscellaneous Insurance Business

Operations began in Dec. 2000

Contd…
OMAN INDIA FERTILISER
PROJECT (OMIFCO)

 Grassroots Ammonia/Urea complex has

been set up at Qalhat near Sur, Oman at a
project cost of USD 892 million.

 Commercial production started from July 14,

2005.

 The project comprises two Ammonia and

two Urea plants of 2x1750 MTPD and 2x2530
MTPD respectively. Installed capacity of
16.52 lakh MT of Urea per annum.

 Entire production of Urea is being

purchased by GOI under Urea Offtake
Agreement.

 Surplus Ammonia being purchased by

IFFCO.

 OMIFCO produced 1.952 million MT of Urea

and 0.199 million MT of surplus Ammonia
during the year 2008 and earned USD 237
million as Profit After Tax.
National Commodity and
Derivative Exchange
(NCDEX)

NCDEX is one of the four licences /

exchanges set up nation wide for ”On Line
Trading” in commodity futures. Agricultural
produce occupies a quarter of commodity
basket.

 IFFCO holds 12% equity stake in NCDEX

with an objective of empowering farming
community and Cooperative Societies and
for giving better return on their crop
produce.

 NCDEX is the leading exchange promoted

by NABARD, NSE, LIC, CRISIL and IFFCO.
Other major shareholders are PNB, ICICI
Bank, Canara Bank and Goldman Sachs.

Contd
……
NCDEX - Highlights during 2008-09

 There were 845 Trading and Clearing

Members and over 19000 trading
terminals as on March 31, 2009.
 Commodities traded on the Exchange
stood at 56 comprising of 42
agricultural products, 2 energy, 6
metals, 2 bullion, 3 pollymers and 1
carbon credit as on March 31, 2009.
 Total income during 2007-08 was Rs.
96 crore. NCDEX earned Rs. 8.76 crore
as profit after tax.
 IFFCO received Dividend of Rs. 18 lakh
from NCDEX during 2008-09.
IFFCO KISAN SEZ (IKSEZ)

IFFCO is developing a multi-product KISAN

Special Economic Zone (IKSEZ) at Nellore -
first of its kind with farmers’ Cooperatives
as stakeholders.

 The foundation stone was laid on

21.03.2008 by Dr. Y.S. Rajasekhara Reddy,
Hon’ble Chief Minister of Andhra Pradesh.

 The SEZ is having 1023 hectares (2527

acre) of land owned by IFFCO.

 The investors have expresse a keen interest

to participate in IKSEZ project during 1st
invester road show arranged at Nellore
during November 2008.

Contd…
 VISION
2010

► The Society had embarked upon to

achieve annual turnover of Rs. 15,000
crore by the year 2010. This landmark
has been met during 2008-09 by
achieving turnover of Rs. 32933 crore.

► Society is exploring avenues for

diversification into other profitable
business areas, apart from fertiliser
sector, for sustained growth and
adequate return to member
shareholders.

► Vision 2010 would mainly focus on

farmer oriented schemes and
strengthening of cooperative
infrastructure.

Contd…
 VISION 2010

Broadly identified business activities under the

“VISION 2010“ are :-
 Installation of Ammonia/Urea plants
including acquisition
of fertiliser units
 Backward integration to meet feedstock
requirements such as Phos. Acid.
 Generation of Power
 Production and Marketing of micro-nutrients,
seeds, bio-fertilisers, pesticides etc.
 Value addition to agri-products and its
marketing
 Information Technology and IT enabled
services
 Establishments of Retail Chain in urban and
semi-urban locations
 Diversification into new growth areas such as
mobile telephony communication
technology.
 GROWTH IN PRODUCTION
CAPACITIES

(in Million MT)

6

5 Urea
4.34 4.24
NPK/DAP
4 3.69 3.69 3.69
4.34
3.21 3.22
3.69
3 2.49
2.34

1.62
2 2.42
2.19
0.89 0.89 1.97
1.6
1 0.4
0.88 0.88 0.88 0.88 0.88
0.42 0.42 0.42
0
 PRODUCTION
PERFORMANCE

(‘000 MT)

8000
COMPLEX UREA TOTAL 7168
7012
6847
7000 6435
6154

6000

5000
3963 4068
3714 3718 3786
4000
3226
3100
2717 2884
3000 2440

2000

1000
2004-05 2005-06 2006-07 2007-08 2008-09
 SALES PERFORMANCE

(‘000 MT)

13000
COMPLEX UREA TOTAL 11258
11000
9324
9000 8610
8195

7000 6464
5869
5241 5429 5389
5013
5000
3670 3895
3369
2794 3182
3000

1000
2004-05 2005-06 2006-07 2007-08 2008-09
 FINANCIAL PERFORMANCE
*

(USD Million )

2004-05 2005-06 2006-07 2007-08 2008-09

SALES TURNOVER 1608.04 2161.51 2245.68 2644.09 7159.41

PROFIT BEFORE TAX 102.37 104.76 54.62 82.72 96.08

PROFIT AFTER TAX 69.49 74.21 38.05 56.00 78.26

SHARE CAPITAL 83.02 83.30 83.33 83.53 84.0

RESERVES & SURPLUS 567.46 617.27 634.27 643.30 703.28

NETWORTH 650.47 700.57 717.60 726.83 787.27

NET ASSETS EMPLOYED 860.98 1782.69 2100.88 2167.19 3410.31

INVESTMENTS – 136.10 152.94 145.90 151.82 180.09
JV’S/Associates
INVESTMENTS – Fertiliser - - - 127.32 1308.17
Bonds

* The Revenue and Balancce Sheet items for each of the year have been stated at the Financial year 2008-09 average $ -Re parity of
Rs. 46.00 per US $ and year -end $-Re parity of Rs. 50.75 per US $ respectively, to make the same comparable.
 PROFIT BEFORE TAX (PBT)
AND PROFIT AFTER TAX (PAT)

(USD Million)

240

200 PBT PAT

160

120 102.37 104.76

96.08
82.72 78.26
69.49 74.21
80 56.00
54.62
38.05
40

0
2004-05 2005-06 2006-07 2007-08 2008-09
 HIGHLIGHTS OF 2008-09

Production of Fertilisers
7.17 Million MT
(Previous best 7.01 million MT in 2006-07)

Highest Sales of Urea & NPK/DAP

11.26 Million MT
(Previous best 9.32 million MT in 2007-08)

Profit Before Tax

USD 96.08 Million
(Best USD 167.21 million in 2002-03)

Profit After Tax

USD 78.26 Million (Best USD 115.44 million in
2002-03)

Highest Turnover USD

7159.41 Million (Previous best USD 2644.09
million in 2007-08)
 MAJOR AWARDS RECEIVED DURING
2008-09

AWARDS

►Prestigious Economic Times Acer and

Intel Smart Workplace Award in the
Manufacturing and Industrial Segment
►“Best Content Service” as well as the
“Best Project Management” in respect of
IFFCO Kisan Sanchar Limited (IKSL) as the
World Communications Award held at
London
►Institute of Chartered Accountants of
India (ICAI) Award for Excellence in
Financial Reporting for IFFCO’s Annual
Report and Accounts for the year 2007-08
►Best Cooperative Society Award from
Public Relations Society of India ( PRSI) at
its Golden Jubilee Ceremony in Mauritius