Paradeep Phosphates Ltd (PPL) is an Indian enterprise that is considered one of the most significant stakeholders in the non-urea fertilizer sector, which lies at the heart of the country’s agribusiness. As agriculture is the main source of sustenance of close to half of the Indian population, fertilizer companies such as Paradeep Phosphates are very important in the maintenance of food security and crop production. The company is renowned in production of complex phosphatic fertilizers like DAP and NPK which is necessary in enhancing crop yields and nutrition of the soil. With good promoters around the world, and with the fundamental gears of long term demand, Paradeep Phosphates has become a prime beneficiary of the increasing fertilizer demand in India. This article will provide complete information about Paradeep Phosphates Share Price, company overview, share price forecast and more.
Paradeep Phosphates Ltd Company Overview
The company was established in 1981 and it is currently the second-largest manufacturer of phosphatic fertilizers in the private sector in India. The firm is involved in the production and trade of non-urea fertilisers, distribution and sale of fertilisers and it mainly serves the farming industry. Its product line comprises of Diammonium Phosphate (DAP), various grades of Nitrogen-Phosphorus-Potassium (NPK) soil-fertilizers and other industrial by-products. It has large-scale manufacturing plants at Paradeep (Odisha) and Zuarinagar (Goa) which provide a strategic location to the company to access ports to import raw materials like phosphoric acid, ammonia and rock phosphate.
Such an advantage of the coastline helps to minimize the cost of logistics and provide the reliable chain of supply. Paradeep Phosphates has also established a pan-India distribution network which has really helped the company to access farmers in several states. Besides fertilizers, the company has by-products like phospho-gypsum and hydrofluorosilicic acid that are sold to the industrial clientele, delivering incremental revenue sources.
Strength of Promoters and Ownership
The firm promoter support is one of the greatest strengths of Paradeep Phosphates. Zuari Agro Chemicals Limited and OCP Group of Morocco jointly promote the company via their joint venture company, Zuari Maroc Phosphates Pvt Ltd who also have approximately 56% share in the company.
OCP Group belongs to the number of the largest phosphatic fertilizers players in the world as it manages about 70 percent of the known reserves of phosphate rocks in the world. OCP has an annual income of more than 10 billion dollars, and it provides international skills, security of the raw materials, and stability in the long-run strategy to Paradeep Phosphates. This association would minimize the input supply risk, which is a significant issue in the fertilizer industry.
| Particular | Details |
| Company Name | Paradeep Phosphates Ltd |
| Year of Incorporation | 1981 |
| Sector | Fertilizers & Agrochemicals |
| Industry | Phosphatic Fertilizers |
| Promoters (Parent organization) | Zuari Maroc Phosphates Pvt Ltd. + OCP Group (Morocco) |
| Promoter Holding | ~56.1% |
| Manufacturing Units | Paradeep (Odisha), Zuarinagar (Goa) |
| Headquaters | India |
| Key Products | DAP, NPK, NP-20, Zypmite |
| Listings | BSE & NSE |
Paradeep Phosphates Share Price: Current Status
Paradeep Phosphates Share Price is publicly traded in Bombay Stock Exchange (BSE) as well as National Stock Exchange (NSE), which makes it highly liquid and with institutional involvement. On 23 January, the Paradeep Phosphates Share Price closed at ₹129.06 which is a correction in the short term amidst the overall market volatility. The stock has been on a broad range over the last one year reflecting the cyclicality of the fertilizer businesses. Depending on the policies of the government subsidy, international fertilizer prices, the costs of raw materials and monsoon forecast are some of the factors that influence price movements. The Paradeep Phosphates is still a well endowed market capitalisation, notwithstanding the periodical corrections, showing an investor confidence in its size and long-term demand prospects.
| Metric | Value |
| Current Price | ₹129.06 |
| Market Capitalisation | ₹13,396 crore |
| 52-Week High | ₹234 |
| 52-Week Low | ₹83.2 |
| P/E Ratio | 13.7 |
| Book Value | ₹78.9 |
| Dividend Yield | 0.77% |
| ROCE | 13.7% |
| ROE | 14.1% |
| Face Value | ₹10 |
Paradeep Phosphates Share Price Forecast 2026–2030
The share price of Paradeep Phosphates Ltd between 2026 and 2030 will indicate a combination of pessimistic/cautious and positive outlook to the share prices by the market analysts. The current price is around 129-131, with predictions indicating that the price will go up due to increased fertilizer demand, government subsidies due to Nutrient Based Subsidy (NBS) regime, capacity utilization at present plants, and synergies in operations that take place after expansion. Being a fundamental agriculture-related company, the overall long-term direction of the company relies upon the stability of the policies, prices of raw materials, and the monsoons. Majority of the projections indicate moderate future growth in the short run and greater compounding in the long run. Nevertheless, these goals are speculative and can be seen as a guideline and not certain results.
| Year | Low Target (₹) | High Target (₹) | Avg. Target (₹) | Key Growth Drivers |
| 2026 | 138 | 354 | 246 | Margin expansion, volume growth |
| 2027 | 225 | 343 | 284 | Earnings improvement, exports |
| 2028 | 283 | 439 | 361 | Demand growth, valuation rerating |
| 2029 | 306 | 550 | 428 | Capacity synergies, NBS stability |
| 2030 | 325 | 665 | 475 | Long-term agri demand, compounding |
Paradeep Phosphates Share NSE Trading Details
Paradeep Phosphates Ltd is being actively traded at the National Stock Exchange (NSE) with the symbol PARADEEP. The stock has good liquidity and the daily trading volumes amount to several lakhs of shares which are accessible to both retail and institutional investors. NSE price movement is large ratio to the trends in the sectors that encompass fertilizer subsidy announcement, phosphate world prices as well as quarterly update of earnings.
The company is also listed in several NSE indexes of small-cap and commodities that are used to draw passive funds. In the last one year, NSE-listed shares have been offering mid-single to low-double digit returns which is a reflection of the volatility in the sector and not weakness of the company.
| Particular | Details |
| NSE Symbol | PARADEEP |
| Current Price | ~₹129.06 |
| Market Capitalisation | ~₹13,700 crore |
| 52-Week High / Low | ₹234 / ₹83 |
| Average Volume | In lakhs |
| Free Float Market Cap | ~₹5,558 crore |
| Indices | NSE SmallCap, Commodities |
| 1-Year Return | ~6–21% |
Paradeep Phosphates Share BSE Trading Details
Paradeep Phosphates Ltd is traded on Bombay Stock Exchange (BSE) with a trading code of 543530. The Price on the BSE is almost the same as that of NSE and this shows that the market arbitrages are efficient and the discovery in the market is integrated across the exchanges. The stock belongs to key BSE indices such as BSE 500, BSE SmallCap and BSE Commodities, which favors liquidity and long-term investor involvement. To the investors who tend to trade in BSE, Paradeep Phosphates has the same volumes, disclosures and transparency. The two-way presence enhances the markets covered by the company.
| Particular | Details |
| BSE Code | 543530 |
| Current Price | ~₹129–131 |
| Book Value | ₹39–64 |
| 52-Week High / Low | ₹234 / ₹83 |
| Index Inclusion | BSE 500, SmallCap, Commodities |
| Liquidity | High |
| Fundamentals | Same as NSE |
Paradeep Phosphates IPO Details
Paradeep Phosphates Share was listed on the public markets in May 2022 by way of the Initial Public Offering (IPO) of Paradeep Phosphates Ltd. The IPO was also unleashed to help it grow, cut on debt and expand capacity. The problem consisted of a fresh issue and an Offer for Sale (OFS), which involved the partial monetization by the current shareholders and investment in the company.
The IPO was priced attractively and the performance in the post listing was favorable due to high demand of fertilizers and subsidy flow which is improving. Strategic utilization of the proceeds was to purchase Goa fertilizer, collect debts and consolidate the working capital which will ensure the company grows in the long term in the non-urea fertilizer segment.
| IPO Detail | Information |
| IPO Open Date | May 17–19, 2022 |
| Issue Price Band | ₹39–42 |
| Face Value | ₹10 |
| Total Issue Size | ₹1,501.73 crore |
| Fresh Issue | ₹1,004 crore |
| Offer for Sale | ₹497.73 crore |
| Listing Exchanges | NSE & BSE |
| Use of Proceeds | Goa unit acquisition, debt repayment, corporate purposes |
Paradeep Phosphates Ltd Quarterly Financial Performance
In recent quarters, Paradeep Phosphates has provided robust growth in its quarterly revenues which have been enabled by increased fertilizer quantities, better pricing and constant subsidy payments. The margins may vary with the changes in the prices of raw materials, but in general, profitability has been resilient.
High sales and profits were recorded in FY25 quarters by the company, indicating that the company has better demand conditions and are managing costs. The operating leverage advantages are evidenced by an increase in both operating profit margins over the past quarters.
| Quarter | Sales (₹ Cr) | Operating Profit (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
| Mar 2025 | 3,494 | 347 | 160 | 1.96 |
| Jun 2025 | 4,504 | 580 | 317 | 3.88 |
| Sep 2025 | 6,872 | 657 | 342 | 4.19 |
Paradeep Phosphates Ltd Profit & Loss Performance (Annual)
Paradeep Phosphates has been able to show steady revenue growth on an annual basis and this has been facilitated by the increasing demand of fertilizers as well as the increasing scale of operations. The growth in revenue in the past five years has been good whereas profit growth has been made better by the increase in capacity utilization and better product realization.
Despite its sensitivity to world prices of raw materials, the company has been able to sustain a good operating profitability.
| Year | Revenue (₹ Cr) | Operating Profit (₹ Cr) | Net Profit (₹ Cr) |
| FY21 | 5,165 | 549 | 223 |
| FY22 | 7,859 | 684 | 398 |
| FY23 | 13,341 | 816 | 304 |
| FY24 | 11,575 | 672 | 100 |
| FY25 | 13,820 | 1,271 | 552 |
| TTM | 18,975 | 1,920 | 977 |
Paradeep Phosphates Ltd Balance Sheet Strength
Paradeep Phosphates is a capital-intensive company as evidenced by the large balance sheet. The working capital requirements and purchasing the raw material make borrowings high, but it is a normal occurrence in the fertilizer industry because of the receivables in relation to the subsidies. The company has continuously grown its assets such as capacity growth and efficiency enhancement. Increasing reserves imply retention of profits and improving net worth.
| Item (₹ Cr) | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| Total Assets | 10,657 | 9,661 | 11,146 | 18,116 |
| Borrowings | 4,648 | 4,014 | 4,358 | 5,603 |
| Reserves | 2,690 | 2,750 | 3,262 | 5,622 |
| Fixed Assets | 2,872 | 3,431 | 3,349 | 5,673 |
Paradeep Phosphates Ltd Cash Flow Analysis
The nature of the fertilizer business as being working capital-intensive is revealed in the trends of the cash flow. As cash flows may be volatile as a result of the timing of the subsidies, the company has produced some good cash flows over the past few years. The cash flows invested in maintenance and expansion of the plants are continuous and cash flows invested in financing them differ due to debt requirements and repayments.
| Year | Operating CF | Investing CF | Financing CF |
| FY23 | -2,377 | -419 | 2,301 |
| FY24 | 1,437 | -367 | -1,022 |
| FY25 | 1,386 | -597 | -6 |
Paradeep Phosphates Share Key Financial Ratios
Paradeep Phosphates shows good ratios of returns against most of its counterparts in the fertilizer industry. The debtor days will be used to show improvement in working capital management and ROCE and ROE will be used to show efficient utilization of capital.
| Ratio | Value |
| ROCE | 13.7% |
| ROE | 14.1% |
| Debtor Days | 66.9 |
| Inventory Days | 82 |
| Cash Conversion Cycle | 76 days |
| Dividend Payout | ~23% |
Paradeep Phosphates Shareholding Pattern
Paradeep Phosphates has a shareholding structure that is indicative of high levels of promoter confidence and increasing institutional interest. In the past three quarters, FII investment has remarkably risen, indicating that the world is concerned about the fertilizer industry of India.
The involvement of retailers has also increased since it has been indicated by the increased number of shareholders.
| Category | Holding (%) |
| Promoters | 57.7% |
| FIIs | 11.43% |
| DIIs | 13.25% |
| Government | 0.10% |
| Public | 17.52% |
| Total Shareholders | 3.42 lakh |
Paradeep Phosphates Share Peer Comparison
Paradeep Phosphates has a competitive scale of operations in comparison with other companies such as coromandel international and chambal fertilisers in the measurement of valuation. Although the margins might be low compared to specialty fertilizer players, its volume leadership and promotes support give it stability.
| Company | Market Cap (₹ Cr) | P/E | ROCE |
| Coromandel Intl | 66,312 | 31.2 | 23.2 |
| Chambal Fertilisers | 17,450 | 9.4 | 26.8 |
| RCF | 7,074 | 22.8 | 7.5 |
| Paradeep Phosphates | 13,396 | 13.7 | 13.7 |
Paradeep Phosphates Share Future Outlook
The structural picture of Paradeep Phosphates is relatively positive in the long-term, with the increasing food demand of India, rising fertilizer application rates, and the attention to balanced use of nutrients of the government. The support of OCP Group guarantees access to raw materials, which is one of the key competitive advantages. The main risks are subsidy delays, the fluctuation of global prices of phosphates, and changes in regulations. Nonetheless, Paradeep Phosphates has a high likelihood of riding through the industry waves owing to scale, diversification, and having good promoters.
Conclusion
Paradeep Phosphates Ltd is a structurally sound fertilizer company that has world wide promoter support, reliable demand forces, and rising financial ratios. The industry is policy-sensitive, but the magnitude of the industry, the product mix, and the strength of the balance sheet offer the business long-term stability. Paradeep Phosphates has a long term story worth pursuing by investors who want to be exposed to the India agriculture growth story with moderate degree of risk, provided he/she is okay with sector cyclicality.
FAQs
Paradeep Phosphates Ltd produces non-urea fertilizers, including DAP, NPK as well as NP fertilizers, which are highly used in Indian agriculture.
Zuari Agro Chemicals and OCP Group of Morocco are the promoters of the company who jointly have approximately 56% holding in the company jointly by the name of Zuari Maroc Phosphates Pvt Ltd.
Paradeep Phosphates Ltd is listed and actively traded in the BSE and the NSE.
Yes, the firm has a consistent dividend payment with a dividend yield of approximately 0.7 per cent in the past years.
Significant risks are that it is relying on government subsidies on fertilizers, fluctuation of the prices on the world market in relation to raw materials, and the pressure on the working capital because of the delay of the subsidy.
Read More:
Stocks Jump After Trump Announces Greenland Agreement, Dow Up Nearly 700 Points
Rndcoin.Kr Blockchain (2025): Features, Pros and Cons, Future Growth, Price Listings and more
