Khaitan Chemicals and Fertilizers Limited is an India-based company incorporated in 1982 and is headquartered in Indore, India. The company stands as the largest manufacturer of Single Super Phosphate (SSP) in India, operating through three primary segments: Fertilizers, Chemicals & Speciality Chemicals and Others.
The company is engaged in the manufacturing of single super phosphate fertilizers (SSP), sulfuric acid (SA) and its variants. The Company is also engaged in trading of nitrogen, phosphorus, and potassium (NPK) fertilizers, processing of oil seed and crude edible oil, selling of de-oiled cake and crude/refined oil and generation and selling of wind power. The company has established itself as a brand leader in Western Madhya Pradesh, and caters to several states with over 3,000 distributors and dealers. The chairman and managing director of the company is Shailesh Khaitan, providing stable leadership to the organization.
The company has shown a mixed financial performance in recent periods, but with significant turnaround and growth in the latest reporting year. Khaitan Chemicals & Fertilizers Ltd's net profit jumped 123.07% since last year same period to ₹8.63 Cr in Q4 FY2024-25. The company reported a net profit of Rs 8.63 crore for Q4FY25, a significant turnaround from a loss of Rs 37.41 crore last year.
For the full financial year 2024-25, net profit reported to Rs 1.40 crore, as against a net loss of Rs 70.49 crore during the previous year ended March 2024. Sales rose 34.40% to Rs 720.17 crore in the year ended March 2025, as against Rs 535.85 crore during the previous year ended March 2024.
The company currently has a market capitalisation of Rs 786 crore and is classified as a Small Cap company.
• Q4 FY2024-25 Performance: Revenue of ₹160.68 Cr, Net Profit of ₹8.63 Cr
• FY2024-25 Performance: Revenue of ₹720.17 Cr, Net Profit of ₹1.40 Cr
• Market Capitalization: ₹786 crore (Most recent data)
• Promoter Holding: 72.5% (as of Mar 2025)
• 52-week High Share Price: ₹99.70
• 52-week Low Share Price: ₹44.37
Khaitan Chemicals & Fertilizers Ltd maintains a robust production capability across its segments:
• SSP Production Capacity: Approximately 1,113,500 metric tons (MT)
• Sulfuric Acid Production Capacity: Approximately 270,600 MT
• Power Generation: Approximately 3,325 kW electricity per annum
The company's extensive distribution network of over 3,000 distributors and dealers across several states, particularly in Western Madhya Pradesh, solidifies its market reach.
Khaitan Chemicals & Fertilizers Ltd diversifies its product offerings across its Fertilizer, Chemical, and Other Products divisions:
The company's key products include SSP (Single Super Phosphate) sold under the brands `Khaitan Single super Phosphate` and `Utsav Single super Phosphate`. These are available in both powder and granulated forms, offering plain, zincated, and boronated variants to cater to specific crop nutrient requirements.
This division manufactures a range of essential industrial chemicals including sulphuric acid, OLEUM, Sulfur Trioxide (LQSO3), and Linear Alkyl Benzene Sulfonic Acid (LABSA). Sulfuric acid is crucial for SSP fertilizer production and other industries like copper sulphate, zinc sulphate, ferrous sulphate, and health medicines. Sulfur trioxide and oleum are utilized in the production of plastics, detergents, and dyestuffs.
The company also produces and sells linier alkyl benzene sulphonic acid (LABSA), used in detergent and washing cake manufacturing. Additionally, it is involved in manufacturing and selling crude soya oil and de-oiled cakes, and refined vegetable oil under the `Khaitan Vegetable Oil` brand.
While the company has faced operational challenges such as a low interest coverage ratio and modest sales growth of 10.5% over the past five years, the recent quarterly and annual financial improvements signal a positive turnaround. The significant increase in net profit for Q4 FY2024-25 and the full financial year 2024-25 demonstrates resilience and effective operational adjustments.
With its position as India's largest SSP manufacturer, combined with an extensive distribution network and strong regional presence in Western Madhya Pradesh, Khaitan Chemicals & Fertilizers Ltd is well-positioned to capitalize on the growing demand for fertilizers and agricultural development in India. The company's diversified operational approach, including power generation, further adds to its stability and potential for future growth.
Khaitan Chemicals & Fertilizers Ltd represents a significant player in India's agricultural and chemical sectors, with recent financial recovery indicating a promising outlook despite historical operational hurdles.
