Equity research analysts tracking National Fertilizers Limited (NFL) have established consensus 12-month share price targets averaging around ₹88, with specific institutional forecasts ranging from a conservative floor near ₹84 to a bull case target reaching ₹92 to ₹100. These projections factor in anticipated revenue growth, margin normalizations, and ongoing domestic agricultural policy tailwinds, though actual market performance will depend on quarterly execution and commodity price trends.