Paradeep Phosphates Limited (PPL) has announced a robust performance for FY2026, driven by an integrated manufacturing approach and expanded production capacity. The company reported a 29% YoY revenue increase to Rs. 218,263 million, while EBITDA grew by 33% YoY to Rs. 22,594 million. Profit After Tax reached Rs. 10,008 million, reflecting a 52.2% growth compared to the previous year, supported by economies of scale and strong demand in the NPK fertilizer segment.
Fiscal Performance Highlights
For the fiscal year 2026, Paradeep Phosphates demonstrated significant operational and financial improvement. Total income for the year stood at Rs. 219,729 million, a 28.4% increase over the prior year. The company’s focus on operational excellence resulted in a healthy EBITDA margin of 10.3%. Despite market fluctuations in the final quarter, the overall yearly performance remained strong, bolstered by diversified product offerings and a strategic pan-India distribution network.
Production and Sales Milestones
During FY2026, PPL achieved a total fertilizer production of 3.7 million metric tonnes, representing an 8% year-on-year growth and marking the achievement of 100% capacity utilization. Sales volume for the same period saw a 10.2% increase, reaching 4,209,890 metric tonnes. The company successfully scaled its operations by commissioning new sulphuric acid plants at Paradeep (500,000 MTPA) and Mangalore (100,000 MTPA), representing a 45% increase in total capacity.
Strategic Outlook and Sustainability
PPL continues to prioritize its strategic expansion plan, aiming for a total capacity of 5.0 million metric tonnes per annum (MMTPA) by FY2029. A key objective for the company is the doubling of phosphoric acid capacity from 0.5 MMTPA to 1 MMTPA, moving toward complete backward integration. Furthermore, the company continues to excel in its ESG initiatives, achieving an S&P Global CSA score of 76, placing it in the top 2% globally within the chemical sector.
Farmer Engagement and Distribution
PPL maintains a deep connection with the agricultural sector, serving over 15 million farmers through a network of 1,00,000 retailers across 18 states. Through extensive engagement programs, including thousands of farmer meetings, demonstrations, and crop seminars, the company has successfully strengthened its brand equity and continues to promote the adoption of advanced products like Nano DAP and the Jai Kisaan Navratna range.
Source: BSE
