Paradeep Phosphates reports Q2 FY27 financial results

Paradeep Phosphates Limited has announced its financial results for the second quarter and first half of fiscal year 2027. The company reported a Total Income of Rs. 73,818 million for Q2 FY27, with EBITDA at Rs. 4,312 million and a Net Profit of Rs. 1,224 million. For H1 FY27, Total Income reached Rs. 135,276 million, with EBITDA of Rs. 11,730 million and Net Profit of Rs. 5,156 million. The company also provided commentary on its operational performance and strategic initiatives.

Paradeep Phosphates Announces Q2 and H1 FY27 Financial Highlights

Paradeep Phosphates Limited (PPL) has released its financial performance for the second quarter (Q2 FY27) and the first half (H1 FY27) of the fiscal year ending March 31, 2027. The company reported a Total Income of Rs. 73,818 million for Q2 FY27, marking a 6.8% Year-on-Year increase. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at Rs. 4,312 million, with a margin of 5.8%. Profit Before Tax (PBT) was Rs. 1,642 million, and Net Profit was Rs. 1,224 million, resulting in a margin of 1.7%.

H1 FY27 Performance Shows Strong Growth

For the first half of fiscal year 2027, Paradeep Phosphates reported a significant 18.1% Year-on-Year growth in Total Income to Rs. 135,276 million. The EBITDA for H1 FY27 was Rs. 11,730 million, with an improved margin of 8.7%. PBT for the period was Rs. 6,904 million, and Net Profit was Rs. 5,156 million, representing a 3.8% margin.

Operational Performance and Management Commentary

The company also highlighted its production and sales volumes for Q2 and H1 FY27 across various product categories, including Total Fertilizers, DAP, Total NPK, and Urea. The management commentary, provided by Mr. N Suresh Krishnan, Managing Director and CEO, noted a Turnover of Rs. 13,488 Cr higher by 19% in H1 FY27 and an EBIDTA of Rs. 1,173 Cr. Despite global uncertainties and subdued monsoon, the company achieved sales volumes of 1 Mn tons in Q2 FY27 and 2 Mn tons in H1 FY27. Initiatives like the launch of JAI KISAAN NAVRATNA CROPFIT and investment in expansion projects, such as the Phos Acid expansion at Paradeep, were also mentioned.

Financial Trends and Key Ratios

Performance trends over previous quarters and fiscal years were presented, showing revenue from operations, EBITDA, PBT, and Net Profit with their respective margins. The financial summary also detailed key metrics such as Net Debt/Equity ratio increasing to 1.31 in H1 FY27 and outlined the company’s competitive advantages, including its integrated manufacturing, diversified product portfolio, and extensive distribution network.

Source: BSE

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