Iffco Aonla

What Iffco Aonla does

IFFCO (Indian Farmers Fertiliser Cooperative Limited) is India's largest farmer-owned fertilizer cooperative, registered on 3 November 1967 and headquartered in New Delhi. It manufactures and distributes urea, DAP, NPK, secondary and micronutrient fertilizers, water-soluble fertilizers, organic and bio-fertilizers, and a proprietary line of nano-technology-based foliar fertilizers (Nano Urea and Nano DAP) across five domestic production units at Kalol, Kandla, Phulpur, Aonla, and Paradeep, plus four Nano Fertilizer Plants at Aonla, Phulpur, Kalol, and Bangalore. The cooperative is owned by over 36,000 member cooperative societies that distribute inputs to 5.5 crore Indian farmers, supplemented by IFFCO eBazar rural retail stores, dealer networks, and the IFFCO Kisan agri-advisory mobile app. Internationally, IFFCO holds joint ventures for feedstock security in Jordan (JIFCO, phosphoric acid), Oman (OMIFCO, urea), Senegal (ICS, phosphoric acid), and a wholly-owned trading arm in Dubai (Kisan International Trading FZE).

IFFCO generates revenue primarily through one-time sales of fertilizers under India's regulated Nutrient-Based Subsidy regime, complemented by subscription and recurring revenue from its diversified ecosystem: general insurance via the JV with Tokio Marine, microfinance via IFFCO Kisan Finance, rural retail via IFFCO eBazar, agrochemicals via the JV with Mitsubishi Corporation (IFFCO-MC), agri-advisory and telecom via IFFCO Kisan Suvidha, and logistics via IFFCO Kisan Logistics. In FY 2025-26 the cooperative reported turnover of ₹45,468 Crores on production of 90.62 LMT and sales of 120.02 LMT, with Profit Before Tax of ₹4,585 Crores and Profit After Tax of ₹3,400 Crores. The pricing model is cost-plus for member farmers under cooperative principles, with downstream fertilizer pricing largely set by government subsidy policy. Distribution relies on the cooperative society network, modern retail touchpoints, and a growing digital channel, supported by international feedstock JVs that secure phosphoric acid, rock phosphate, and urea raw material supply for the Indian manufacturing base.

Name

Iffco Aonla

Legal name

Indian Farmers Fertiliser Cooperative Limited

Website

https://iffco.in

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

101–250 employees

Short description

IFFCO is India's largest farmer-owned fertilizer cooperative, manufacturing and distributing urea, DAP, NPK, and proprietary nano-fertilizers through 36,000+ cooperative societies serving 5.5 crore farmers across five domestic plants and international feedstock joint ventures.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi, Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Fertilizer Production and Sales: Production and sale of fertilizers including urea, DAP, NPK, nano fertilizers, and specialty fertilizers through cooperative distribution network
2. General Insurance: Joint venture with Tokio Marine providing insurance covers for all customer segments including rural population through IFFCO-TOKIO General Insurance Company
3. Rural Micro Finance: Non-Banking Financial Company providing loans for tractors, used commercial vehicles, implements, MSME loans and supply chain finance to farmers
4. Rural Retail and E-commerce: IFFCO eBazar Limited operates rural retail stores providing agricultural inputs under one roof with modern retail experience
5. Crop Protection Products: Joint venture with Mitsubishi Corporation for development and sale of agrochemical products
6. International Trading and Logistics: Kisan International Trading FZE handles shipping and logistics for finished fertilizers and raw materials, investments in overseas JVs
7. Telecom Services: IFFCO Kisan Suvidha provides agri-tech services through mobile application with satellite services, weather information, and mandi prices

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

IFFCO Aonla is a production unit of Indian Farmers Fertiliser Cooperative Limited (IFFCO) located in Uttar Pradesh, India. The unit manufactures conventional urea as well as Nano Urea (Liquid) using IFFCO's patented nanotechnology platform. It also houses an in-house bottle and cap manufacturing facility using blow molding and injection molding. The unit operates as part of IFFCO's integrated cooperative network that supplies fertilizers to over 5.5 crore Indian farmers through more than 36,000 cooperative societies.

Product overview

IFFCO operates as a diversified agricultural cooperative with a comprehensive product portfolio centered on fertilizers, supplemented by insurance, financial services, retail, and technology offerings. The core products include Primary Nutrients (urea, DAP), Secondary Nutrients, Water Soluble Fertilisers, Organic & Bio Fertilisers, Micronutrients, and innovative Nano Fertilisers (Nano Urea, Nano DAP). Nano Fertilisers represent IFFCO's technology platform using nanotechnology for enhanced nutrient use efficiency. The ecosystem extends through subsidiaries and joint ventures including IFFCO-TOKIO General Insurance, IFFCO Kisan Finance (NBFC), IFFCO eBazar (retail), IFFCO-MC Crop Science (agrochemicals with Mitsubishi Corporation), and IFFCO Kisan Suvidha (agri-tech mobile application). The company serves over 5.5 crore farmers through a network of 36,000 cooperative societies.

Differentiator

Problem solved

Functional benefit

Products and services

• Nano Urea (Liquid) Nano technology-based nitrogen fertilizer applied as foliar spray during active crop growth stages to supplement nitrogen nutrition with enhanced efficiency. Replaces conventional prilled/granulated urea usage.
• Nano DAP (Liquid) Nano DAP contains 8.0% total nitrogen (w/w) and 16% total Phosphorous as P2O5 (w/w) with particle size 20-50nm, applied as foliar spray for enhanced phosphorus use efficiency.
• DAP (Diammonium phosphate) 18:46:0 Concentrated phosphate-based fertilizer where phosphorus plays a vital role in development of new plant tissues and regulation of protein synthesis in crops.
• Crop Protection Products (IFFCO-MC) Agrochemical business through joint venture with Mitsubishi Corporation offering 85 products for crop protection across more than 20 major agricultural states.
• IFFCO Sagarika (Seaweed Based Products) Seaweed-based organic products for agriculture, animal husbandry and food processing, produced by joint venture Aquagri Processing Pvt. Ltd. Technology licensed from CSIR-CSMCRI.
• IFFCO Kisan Agriculture Mobile Application Mobile application providing latest agri-technology, weather information, farm-based satellite services and buyer-seller module with latest mandi prices.
• IFFCO eBazar Wholly owned subsidiary providing modern retail experience to farming community in rural areas, marketing agency for IFFCO Nano Urea and Nano DAP, achieved turnover of ₹2,912 Cr in 2025-26.

Quantifiable outcome

• 90.62 LMT fertilizers produced in FY 2025-26
• +5 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

16 partnerships are on record, tiered minor and core.

• Congelados de Navarra (CN Corp., Spain)minorStrategic or Co-development Partner · 1 January 2019CN IFFCO Private Limited is a joint venture for vegetable processing project in Samrala, Ludhiana, Punjab. IFFCO holds 40% and CN Corp holds 60%. Project activities currently on hold.
• AquAgri Processing Pvt LtdminorStrategic or Co-development Partner · 1 January 2017IFFCO acquired 50% shareholding in Aquagri through its wholly owned subsidiary IFFCO eBazar Ltd. Aquagri produces seaweed-based organic products for agriculture, animal husbandry and food processing. Technology licensed from CSIR-CSMCRI.
• Mitsubishi Corporation (Japan)coreStrategic or Co-development Partner · 1 January 2015IFFCO-MC Crop Science Pvt. Ltd. is a joint venture with IFFCO holding 51% and Mitsubishi 49%. Vision is to enhance farmer income by providing good quality crop protection products at reasonable prices. Company has pan India operations with over 8,000 channel partners and 85 products.
• Jordan Phosphate Mines Company (JPMC)coreStrategic or Co-development Partner · 1 January 2008JIFCO (Jordan India Fertiliser Company) is a Joint Venture between IFFCO (27%) and JPMC (48%), with IFFCO's wholly owned subsidiary Kisan International Trading holding 25%. JPMC supplies feedstock under long-term Rock Phosphate Supply Agreement. Company produces Phosphoric Acid at Eshidiya, Jordan with 4.75 lakh tonnes annual capacity.
• Oman GovernmentcoreStrategic or Co-development Partner · 1 January 2005OMIFCO (Oman India Fertiliser Company) is a JV between IFFCO, KRIBHCO and Oman Government. Located at Sur Industrial Estate, Oman with modern world-scale two-train Ammonia-Urea plant producing 1.652 million tonnes per year of granulated Urea.
• Tokio Marine Group (Japan)coreStrategic or Co-development Partner · 1 January 2000IFFCO-TOKIO General Insurance Company is a joint venture between IFFCO and Tokio Marine Group. The company has completed 25 years of operations and offers insurance covers for all customer segments including rural population through Emerging Bima Kendra's.
• Industries Chimiques du Senegal (ICS)minorStrategic or Co-development Partner · 1 January 1980IFFCO holds 6.78% shareholding in ICS which has annual capacity of 6.60 lakh metric tonnes of Phosphoric Acid. For 2025, ICS exported 3.67 lakh metric tonnes of Phosphoric Acid to IFFCO.
• Indian Potash LimitedcoreStrategic or Co-development PartnerIFFCO holds 34% equity share in Indian Potash Limited which trades in imported Potassic, Phosphatic & Nitrogenous Fertilizers in India. IFFCO's demand of Potash for Kandla plant is sourced from IPL.
• Bharti AirtelminorChannel Partner/ Reseller/ DistributorIFFCO Kisan Suvidha (formerly IFFCO Kisan Sanchar) was established in association with Bharti Airtel with over 2 million subscribers in rural India providing telecom and agri-advisory services.
• Star Global Resources LtdminorChannel Partner/ Reseller/ DistributorIFFCO and Star Global Resources Ltd have promoted IFFCO Kisan Suvidha Private Limited for agri-tech services through mobile application.
• UAP GroupminorStrategic or Co-development PartnerNAFA Sustainable Finance Private Limited (formerly New Age Financial Advisory) is a 50:50 joint venture between IFFCO and UAP Group focused on investment banking, financial advisory and sustainable agri-investments.
• Nanoventions Private LimitedminorStrategic or Co-development PartnerIFFCO has invested in IFFCO-Nanoventions Private Limited (NVPL) for research and development and synthesis of various nano agri-inputs. Company also provides technical services to Nano Fertilizer plants of IFFCO.
• CSIR-CSMCRIcoreTechnology or IntegrationTechnology for seaweed extract production licensed from Central Salt and Marine Chemical Research Institute, a constituent laboratory of Council of Scientific and Industrial Research (CSIR), Government of India.
• NAFEDminorStrategic or Co-development PartnerNational Agricultural Cooperative Marketing Federation of India - IFFCO Chairman Dileep Sanghani holds key positions in NAFED
• NCUIminorStrategic or Co-development PartnerNational Cooperative Union of India - IFFCO Chairman Dileep Sanghani holds key positions in NCUI
• GUJCOMASOLminorStrategic or Co-development PartnerGujarat State Civil Supplies Corporation - IFFCO Chairman holds position in this cooperative organization

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Coromandel International: Indian-listed fertilizer and agri-inputs major producing DAP, NPK, complex fertilizers, specialty nutrients and crop protection products — direct overlap with IFFCO's bulk and specialty fertilizer portfolio across the Indian farmer base.
• KRIBHCO (Krishak Bharati Cooperative): Indian multi-state fertilizer cooperative producing urea and complex fertilizers; structurally most analogous peer given shared cooperative ownership model and JV partnership with IFFCO in OMIFCO (Oman).
• National Fertilizers Limited (NFL): Public-sector urea and DAP producer with five manufacturing units and pan-India marketing; directly comparable in product mix, cost-plus pricing model and farmer distribution channels.
• Deepak Fertilisers and Petrochemicals: Indian manufacturer of nitrogenous fertilizers (urea, ammonium nitrate, CAN) and specialty chemicals; competes with IFFCO in industrial-grade nitrogen products and bulk fertilizer supply.
• Chambal Fertilizers & Chemicals: One of India's largest private-sector urea producers with integrated DAP/NPK manufacturing; competes head-to-head with IFFCO on urea volumes and pan-India distribution to farmers and cooperatives.
• Gujarat State Fertilizers & Chemicals (GSFC): Indian-listed producer of urea, DAP, NPK, water-soluble and bio-fertilizers; directly competes in IFFCO's home Gujarat market and on pan-India specialty fertilizer portfolio.
• Rashtriya Chemicals & Fertilisers (RCF): Indian PSU producing urea, complex fertilizers (DAP/NPK) and bio-fertilizers across multiple plants; competes with IFFCO on subsidized bulk fertilizer market share and Government of India allocation.

Broad incumbents

• Yara International: Global nitrogen fertilizer and crop nutrition major with specialty fertilizer premium products; comparable to IFFCO on global nitrogen footprint and emerging-market farmer distribution model.
• Nutrien Ltd. World's largest crop inputs company producing nitrogen, phosphate and potash globally; relevant global comparable for IFFCO's scale, vertical integration via JVs, and exposure to nitrogen economics.
• Tata Chemicals: Large Indian-listed diversified chemicals and fertilizer company (urea, DAP, specialty crop nutrition, salts) — overlaps with IFFCO on Indian fertilizer volumes and specialty/bio-fertilizer product lines.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Dileep_Sanghani
• Facebookfacebook.com/iffco.coop
• LinkedInlinkedin.com/company/iffco-aonla

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iffco Aonla