Indian Phosphate
- Market cap
- ₹ 184 Cr.
- P/E
- 8x
- P/B
- 1.07x
- 52-week range
- 46.1 – 87.45
- ROE
- 14%
- ROCE
- 17%
- Dividend yield
- 0%
- Debt / equity
- 0.41
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE SME
About
Indian Phosphate Limited is an India-based company, which is primarily engaged in the business of manufacturing, producing, processing, supplying, importing and exporting fertilizer and Organo Sulphur compounds, chemicals, Agro-Chemical and farmer’s produce. Its fertilizer products include Single Super Phosphate (SSP)-Powder, Zincated Single Super Phosphate -Powder, Single Super Phosphate -Granulated, Zincated Single Super Phosphate -Granulated and Zincated -Boronated Single Super Phosphate -Granulated. The Company produces SSP in Rajasthan with a current capacity of 400 MT/day to manufacture SSP powder and 400 MT/day of Granulated SSP. It has set up a solar power plant for captive power requirements.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Indian Phosphate against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)8 against a typical 25.8: cheaper than most peers (1st = cheapest).12th of 129
- Sales growth+35.5% against a typical +25.9% from a year earlier.39th of 112
- Profit growth+1,200% against a typical +42.4% from a year earlier.4th of 102
- Share price, 3 months+4.7% against a typical −2.7%.45th of 118
- Size₹ 184.1 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).81st of 126
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue up ~84% on new chemical capacity and SOP distribution, pointing to 60%+ growth year.
Indian Phosphate reported Q2 FY27 revenue growth of 94.4% YoY standalone and 83.8% YoY consolidated, driven by ramp-up of the Cuddalore chemical complex and new potassic fertilizer sales. The 100 MT/day anionic surfactant plant started commercial production in June 2026 after sulphuric acid in July 2025, while the company exclusively supplied German-origin SOP to the Tobacco Board for Andhra Pradesh and Karnataka. The update also notes a Sri Lanka rock phosphate proposal under evaluation and a new Brickwork A-/Stable rating, supporting continued growth and diversification.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 8 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Dec 2025 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 132 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
| 12 Nov 2024 | Board Meeting Intimation | INDIAN PHOSPHATE LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2024 and Other business. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 428 | 428 | 452 | 499 | 580 |
| Expenses | 421 | 421 | 440 | 480 | 555 |
| Operating Profit | 7 | 7 | 12 | 19 | 25 |
| OPM % | 1.6% | 1.6% | 2.6% | 3.8% | 4.3% |
| Other Income | 0 | 0 | 1 | 1 | 1 |
| Interest | 4 | 4 | 3 | 3 | 4 |
| Depreciation | 2 | 2 | 1 | 2 | 3 |
| Profit before tax | 2 | 2 | 9 | 14 | 19 |
| Tax % | 60% | 60% | 24% | 28% | 29% |
| Net Profit | 1 | 1 | 7 | 10 | 13 |
| EPS in Rs | 1.78 | 1.3 | 2.18 | 3.32 | 5.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 23%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 152%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indian Phosphate | ₹ 74.25 | ₹ 184 Cr. | 8x | 1.1x | 14% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 102.6x | 27.4x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.5x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 108.7x | 14x | 13.6% | 21.7% |
Management
- Ravindra Singh
- Executive Chairman of the Board, Managing Director
- Rohit Paragbhai Parmar
- Chief Financial Officer, Executive Director
- Khushboo Sharma
- Company Secretary and Compliance Officer
- Rushil Ravindra Arora
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.