Paradeep Phosphates Ltd reported strong financial results for Q3 and 9M FY26. Revenue for Q3 FY26 reached ₹5,749 crore, a 15% YoY increase. 9M FY26 revenue surged to ₹17,124 crore, up 34% YoY. EBITDA for 9M FY26 rose by 45% to ₹1,817 crore. The company witnessed strong growth in value-added NPK grades and maintained margins despite global volatility.
Financial Performance Highlights
Paradeep Phosphates Ltd (PPL) has announced its financial results for the quarter and nine months ended December 31, 2025, showcasing robust growth and operational efficiency.
Key Financial Metrics
Here are the key financial highlights from the announcement:
- Q3 FY26: Revenue from Operations: ₹ 5,749 crore, up 15% year-on-year. EBITDA of ₹ 503 crore, up 5% YoY. Profit Before Tax (PBT) stood at ₹ 233 crore and Profit After Tax (PAT) at ₹ 182 crore.
- 9M FY26: Revenue from Operations increased 34% YoY to ₹ 17,124 crore, and EBITDA rose 45% YoY to ₹ 1,817 crore. PAT for the 9M stood at ₹ 841 crore, up 71% YoY.
Operational Performance
Production volumes grew 13% YoY in Q3 to 10.00 Lakh tonnes, sales volumes rose to 10.70 lakh tonnes. For 9M FY26, production and sales were 28.60 tonnes and 33.66 lakh tonnes, respectively, up 15.4% and 16.9% year-on-year.
Growth Drivers
Growth was led by strong performance in value-added NPK grades. NPK as a category grew 30% YoY in 9M to 17.51 tonnes, while TSP sales surged YTD 107% YoY to 2.43 lakh tonnes.
Strategic Initiatives and Outlook
The company is focused on driving growth through operational excellence, innovation, and disciplined execution. The Phos Acid Expansion from 0.5 MMTPA to 0.7 MMTPA (Phase 1) at Paradeep is underway and is expected to improve the quality of earnings.
Credit Rating Upgrade
The company’s credit rating has been enhanced to AA, reflecting strong fundamentals and improvements that will help optimize the cost of capital.
Source: BSE
