Paradeep Phosphates
- Market cap
- ₹ 13,906 Cr.
- P/E
- 12.8x
- P/B
- 2.12x
- 52-week range
- 99.7 – 180.8
- ROE
- 19%
- ROCE
- 17%
- Dividend yield
- 1.1%
- Debt / equity
- 1.02
- Sector
- Fertilizers & Agrochemicals
- Industry
- Fertilizers
- Listed on
- NSE, BSE
About
Paradeep Phosphates Limited is an India-based manufacturer of phosphatic fertilizers. The Company is engaged in the production of Urea, Di-Ammonium Phosphate (DAP), and complex fertilizers containing Nitrogen, Phosphorus, and Potassium (NPK) grades (N-10, N-12, N-14, N-19, N-20, N-28), and Zypmite (gypsum-based product). Additionally, the Company is involved in the trading of industrial products, including ammonia, neutralized phospho gypsum, hydrofluorosilicic acid, sulfuric acid, and other materials. It caters to the demands of farmers all over the country through its Jai Kisaan Navratna brand of fertilizers. Its product range includes Jai Kisaan Navratna DAP, Jai Kisaan Navratna NPK, Jai Kisaan Navratna MOP, Jai Kisaan Navratna Urea, Jai Kisaan Zypmite Plus and Maha Zypmite, Jai Kisaan Navratna TSP 46% P, Jai Kisaan Navratna Nano Shakti Nano DAP, and Jai Kisaan Navratna Nano Shakti Nano Urea. Its manufacturing facilities are located in Jagatsinghpur, Odisha, and Zuari Nagar, Goa.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Fertilizers: 29 companies →Paradeep Phosphates 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)12.8 against a typical 12.5: pricier than most peers (1st = cheapest).15th of 27
- Sales growth+36% against a typical +17.4% from a year earlier.5th of 23
- Profit growth+24% against a typical −2.3% from a year earlier.5th of 22
- Share price, 3 months−11.5% against a typical −14%.12th of 25
- Size₹ 13,905.9 Cr. market value against a typical ₹ 200.6 Cr. (1st = largest).2nd of 21
Latest announcements
Exchange filings and their impact on the company.
- Paradeep Phosphates plans Rs 4,750 crore new chemical and fertilizer plants in Odisha, lifting future growth but raising near-term capex and debt.
Paradeep Phosphates signed an MoU with the Government of Odisha on October 22, 2026 to invest Rs 4,750 crore in new chemical and fertilizer facilities in the state. The plan includes a new chemical plant and a bio-fertilizers manufacturing facility plus farm productivity initiatives. The investment will be phased over coming years and is expected to expand capacity and create jobs, with initial spending and debt funding in the next 12 months before any revenue benefit.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | — | 11 Sep 2026 |
| ICRA | [ICRA]AA- | Stable | 27 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 11 Sep 2026 | Reaffirmed | — | — | CRISIL | ₹ 300 Cr. | |
| 14 Apr 2026 | Rating action | — | — | CRISIL | ₹ 300 Cr. | |
| 27 Jan 2026 | ▲ Upgrade | [ICRA]AA- | — | ICRA | ₹ 17,500 Cr. | |
| 11 Sep 2025 | New rating | — | — | CRISIL | ₹ 300 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 28 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 11 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 28 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 6 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,683 | 2,595 | 2,243 | 2,377 | 4,619 | 4,990 | 4,194 | 4,504 | 6,872 | 5,749 | 4,702 | 6,124 |
| Expenses | 3,427 | 2,313 | 2,095 | 2,231 | 4,112 | 4,551 | 3,811 | 3,923 | 6,216 | 5,276 | 4,260 | 5,404 |
| Operating Profit | 256 | 282 | 148 | 146 | 507 | 438 | 383 | 580 | 657 | 472 | 442 | 720 |
| OPM % | 7% | 11% | 7% | 6% | 11% | 9% | 9% | 13% | 10% | 8% | 9% | 12% |
| Other Income | 11 | 9 | 31 | 19 | 20 | 42 | 60 | 34 | 42 | −10 | 42 | 43 |
| Interest | 96 | 82 | 95 | 91 | 105 | 103 | 119 | 104 | 140 | 127 | 156 | 132 |
| Depreciation | 51 | 55 | 58 | 61 | 86 | 88 | 86 | 86 | 90 | 102 | 126 | 106 |
| Profit before tax | 120 | 154 | 26 | 13 | 337 | 289 | 238 | 424 | 469 | 233 | 202 | 526 |
| Tax % | 26% | 29% | 18% | 59% | 24% | 28% | 28% | 25% | 27% | 22% | 23% | 25% |
| Net Profit | 89 | 109 | 22 | 5 | 255 | 209 | 172 | 317 | 342 | 182 | 156 | 393 |
| EPS in Rs | 1.1 | 1.34 | 0.26 | 0.07 | 3.13 | 2.57 | 2.11 | 3.88 | 4.19 | 1.75 | 1.5 | 3.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 33%
- 3 Years
- 18%
- TTM
- 28%
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 48%
- TTM
- 14%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 31%
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 13%
- 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.
| Paradeep Phosphates | ₹ 138.50 | ₹ 13,906 Cr. | 12.8x | 2.1x | 19% | — |
| 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. | 99.6x | 26.6x | 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. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Harshdeep Singh
- President, Chief Commercial Officer
- Narayanan Suresh Krishnan
- Chief Executive Officer, Managing Director, Executive Director
- Bijoy Kumar Biswal
- Chief Financial Officer
- Sachin Patil
- Compliance Officer, Company Secretary
- Nilesh Dessai
- Vice President - Operations
- K. K. Rajeev Nambiar
- Joint Managing Director
- Raj Kumar Gupta
- Chief Procurement Officer
- V. Vinay
- Chief Sustainability Officer
Prices are delayed and for information only. Nothing on this page is investment advice.