Paradeep Phosphates Limited (PPL) announced robust financial performance for the first quarter of FY27. Revenue from operations surged 36% YoY to ₹6,124 crore. EBITDA rose 21% YoY to ₹742 crore, with Profit Before Tax (PBT) increasing 24% YoY to ₹526 crore. Profit After Tax (PAT) stood at ₹393 crore. Sales volumes saw a 4% growth, reaching 9.85 LMT.
Paradeep Phosphates Reports Strong Q1 FY27 Performance
Paradeep Phosphates Limited (PPL) has demonstrated strong operational and financial results for the first quarter of the financial year 2027 (Q1 FY27). The company highlighted its resilience and integrated operations amidst global volatility.
Key Financial Highlights (Q1 FY27)
- Revenue from operations increased by 36.0% YoY to ₹6,124 crore.
- EBITDA rose by 21% YoY to ₹742 crore.
- Profit Before Tax (PBT) increased by 24% YoY to ₹526 crore.
- Profit After Tax (PAT) stood at ₹393 crore.
- Sales Volume grew by 4% to 9.85 LMT.
Operational Strengths and Expansion
The company benefited from the full capacity of its expanded sulphuric acid facilities, leading to a 32% increase in sulphuric acid production YoY. Phos Acid production also saw a 7% increase YoY, reflecting the strength of PPL’s backward integration. The key project of Phos Acid expansion (Phase 1) from 500,000 MTPA to 700,000 MTPA at Paradeep is reportedly on track.
Strategic Investments
In a significant strategic move, the Board of PPL approved an investment proposal of ₹250 crore for setting up an Aluminum Fluoride (AIF3) Plant at Paradeep. This investment aligns with the company’s objective to diversify into related industrial chemicals and bolster its non-subsidy portfolio, reinforcing its manufacturing excellence.
Market Position and Outlook
PPL remains committed to driving growth through focused operational discipline, acknowledging the prevailing global uncertainties. The company’s competitive advantages include its integrated manufacturing platform, strong distribution network, and a diversified product portfolio. The company also highlighted its commitment to sustainability, achieving an S&P Global ESG Score of 76.
Sales Volume Performance
In Q1 FY27, Total Fertilizers sales volume stood at 985,143 MT, a 4.0% increase YoY. DAP sales volume reached 245,189 MT, an impressive 55.1% increase YoY. Total NPK sales volume was 472,707 MT, a decrease of (8.8)% YoY. Urea sales volume was 196,646 MT, down (15.8)% YoY.
Source: BSE
