Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India's second largest private sector phosphatic company. The company has established itself as a key player in the Indian fertilizer industry, operating with a strong foundation built over four decades of manufacturing excellence.
The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid. The Company is primarily engaged in manufacturing, distribution, trading, and sales of a variety of complex fertilizers such as Diammonium Phosphate (DAP), several grades of nitrogen, phosphorus, and potassium (NPK), Zypmite and by-product, Phospho-gypsum, and Sulphuric Acid, Ammonia, and Phosphoric acid.
Paradeep Phosphates operates through multiple product lines, with its fertilizers marketed under the brand names Jai Kisaan Navratna and Navratna. The company has expanded its portfolio to include nano-fertilizers and other innovative products to meet the evolving needs of Indian farmers.
Paradeep Phosphates is primarily engaged in the manufacture of urea, di-ammonium phosphate (DAP), complex fertilizers of NPK grades, and zypmite (a gypsum-based product), having its manufacturing facilities at the port town of Paradeep, District Jagatsinghpur, Odisha, and at Zuari Nagar, Goa. The Company's fertilizer plant is located in Goa.
The company has significantly expanded its manufacturing capacity through strategic acquisitions and organic growth. "During the year, we have strengthened our total capacity by 150% to reach a run-rate of 3 Million Tons Per Annum (MMTPA) of finished fertilizers effective December 2022."
The company is promoted by Zuari Agro Chemicals and OCP Group of Morocco, jointly holding 56.1% through Zuari Maroc Phosphates Pvt Ltd. The OCP Group is one of the world's largest phosphatic players, having control over 70% of the world's known phosphate reserves, with a revenue of over $10 billion. Promoter Holding: 56.0%.
This strong promoter backing provides Paradeep Phosphates with access to global phosphate reserves and technical expertise, positioning the company advantageously in the competitive fertilizer market.
Revenue: ₹3,494.02 Crore as on March 2025 (Q4 FY25). Net Profit: ₹160.03 Crore as on March 2025 (Q4 FY25). Paradeep Phosphates reported a 56% revenue growth to ₹3,490 Crore, with a 627% jump in net profit to ₹160 Crore. The company has posted net profit of ₹551.79 Crore for the Financial Year ended March 31, 2025.
Net profit of Paradeep Phosphates rose 45.75% to ₹158.75 Crore in the quarter ended December 2024, as against ₹108.92 Crore during the previous quarter ended December 2023. Sales rose 58.18% to ₹4,104.92 Crore in the quarter ended December 2024, as against ₹2,595.03 Crore during the previous quarter ended December 2023.
- Revenue: ₹13,820 Crore
- Profit: ₹552 Crore
- Company has a low return on equity of 9.61% over last 3 years.
- Stock is trading at 3.21 times its book value.
Market Cap: ₹13,079 Crore (up 90.6% in 1 year). The company has demonstrated strong market performance with significant growth in market capitalization, reflecting investor confidence in its business model and future prospects.
Over the last 5 years, revenue has grown at a yearly rate of 26.93%, vs industry avg of 9.52%. This outperformance indicates the company's ability to capture market share and grow faster than industry peers.
The company plans to expand production capacity and improve energy efficiency, benefiting from a ₹37,200 Crore subsidy allocation for phosphatic fertilizers. Paradeep Phosphate has signed an MoU with Govt. of Odisha with the purpose to enhance fertilizer production capacity, integrate key raw materials, and invest in renewable energy and sustainability. The company will invest ₹4,000 Crore over five years to increase the Phosphatic Fertilizer Manufacturing capacity in both intermediate and final products including Port/Jetty and infrastructure development.
For the first nine months of FY25, production and sales volumes stood at 1,908,313 MT and 2,290,443 MT, reflecting a YoY increase of 4% and 13%, respectively. The company has also made significant strides in innovative products, with the company's nano fertilizer segment gained traction, with about 1.40 million bottles sold in the first nine months of FY25.
S K Poddar is chairman and Sachin Patil is the company secretary for Paradeep Phosphates Ltd. Chairperson Name: S K Poddar. The company is led by an experienced management team with deep industry expertise.
The stock remains a multibagger, having surged 135% over the past year, with strong financial performance reported for Q4 FY25. In the Chemicals sector, Paradeep Phosphates stood out with a 100% stock return in the past year.
The company's strong financial performance, expansion plans, and strategic positioning in the fertilizer industry make it an attractive investment proposition for investors looking for exposure to the agricultural sector. With government support through subsidies and the company's backward integration strategy, Paradeep Phosphates is well-positioned to capitalize on India's growing fertilizer demand.```
