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Paradeep Phosphates

PARADEEP NSE
₹137.21 +3.36 (+2.51%)
P/E
12.23
View as Markdown
MCP
Close 4 Nov 2026 ₹137.21 −26.60 −16.2% 1Y
Start ₹163.81

Key Fundamentals

SmallcapFertilizers & AgrochemicalsChemicals

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
15.40%
Debt to Equity
1.02
EPS (TTM)
₹11.22
Book Value
₹68.80
Market Cap
—
P/E (TTM)
12.23
P/B
1.99
ROE
16.20%
Dividend Yield
1.12%
EBITDA
₹2,299 Cr
52W High
₹180.80
52W Low
₹99.70
Day Range
₹131.82 – ₹137.60
Volume
18,96,789

Peer Comparison

Commodities › Chemicals › Fertilizers

Paradeep Phosphates peer comparison
₹1,837.0029.58₹53,760 Cr4.320.61%16.40%22.00%₹32,602 Cr₹1,778 Cr
₹764.05—₹48,951 Cr36.610.03%−2.94%4.02%₹5,934 Cr−₹106 Cr
₹394.158.19₹15,752 Cr1.521.31%20.00%25.20%₹20,123 Cr₹1,928 Cr
Paradeep Phosphates (this company)
₹137.2112.23₹14,054 Cr1.991.12%16.20%15.40%₹23,447 Cr₹1,073 Cr
₹187.2953.06₹8,452 Cr10.110.27%31.30%19.30%₹1,874 Cr₹155 Cr
₹240.2937.78₹7,305 Cr13.250.22%38.20%27.20%₹2,555 Cr₹196 Cr
₹140.748.09₹5,467 Cr0.433.67%5.51%7.16%₹12,344 Cr₹693 Cr
Median 7 companies₹240.2920.91₹14,054 Cr4.320.61%16.40%19.30%₹12,344 Cr₹693 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

51 Average

Data confidence 100/100

Category scores

Quality
29
Poor
Returns, margins, earnings quality 22% weight
Valuation
66
Good
Cheap vs sector & own history 24% weight
Growth
83
Strong
Sales & profit trajectory 9% weight
Financial Health
23
Poor
Solvency, leverage, coverage 9% weight
Momentum
57
Good
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has delivered good profit growth of 35.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 22.9%

Weaknesses

1
  • Company has a low return on equity of 12.3% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1054
OscillatorsBearish351
Moving AveragesStrong Bearish703

Key readings

RSI (14)
43.39
Neutral
MACD (12,26,9)
−4.39
Bearish
SMA (50)
150.03
Bearish
SMA (200)
134.63
Bullish

As of

Analyst Rating

Based on 4 analysts
BUY100%

4 of 4 analysts rate Buy, 0 Hold, 0 Sell.

As of

BUY
4
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+33.41%
3Y+17.83%
1Y+28.70%
TTM+28.08%

Net profit

Net profit growth by window
5Y+34.89%
3Y+48.52%
1Y+50.45%
TTM+12.59%

Operating cash flow

Operating cash flow growth by window
5YTurned negative
3YOutflow narrowed by ₹1,365 Cr
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y−0.51 pp
3Y+4.00 pp
1Y+0.84 pp
TTM−0.65 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2019₹4,358 Cr
Mar 2020₹4,193 Cr
Mar 2021₹5,165 Cr
Mar 2022₹7,859 Cr
Mar 2023₹13,341 Cr
Mar 2024₹11,575 Cr
Mar 2025₹16,959 Cr
Mar 2026₹21,826 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2019₹159 Cr
Mar 2020₹193 Cr
Mar 2021₹223 Cr
Mar 2022₹398 Cr
Mar 2023₹304 Cr
Mar 2024₹100 Cr
Mar 2025₹662 Cr
Mar 2026₹996 Cr

Analyst Forecasts

Forecast For
Dec 26 consensus · EBITDA
₹483 Cr +11.9% vs Sep 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Figures as of 4 Nov 2026
AI opinion · based on fundamentals
Risk medium

Paradeep Phosphates Ltd trades at ₹137.21 as of 2026-11-04 with a market cap of ₹14,054 Cr, a P/E of 12.23x, and a debt-to-equity ratio of 1.02. The company has delivered 35% compounded profit growth over five years and 18% compounded sales growth over three years, though the stock has declined 19% over the past year from a 52-week high of ₹180.80.

Bull Case 7
  • Strong five-year profit CAGR of 35%, indicating sustained earnings expansion in the fertiliser and chemicals space
  • ROCE stands at 23.11% as of 2026-11-04, reflecting efficient deployment of total capital including debt
  • Compounded sales growth of 33% over five years shows the company has scaled revenue meaningfully over a medium-term horizon
  • P/E of 12.23x is modest for a company delivering double-digit profit growth, suggesting the stock is not priced for aggressive expectations
  • TTM sales growth of 28% indicates recent top-line momentum remains healthy
  • Consistent dividend payout of 22.9% with a current yield of 1.12%, providing a degree of cash return to shareholders
  • ROE improved to 16% in the last year from a three-year average of 12%, suggesting improving profitability on equity
Bear Case 6
  • Debt-to-equity ratio of 1.02 means the balance sheet carries significant leverage, exposing the company to interest rate sensitivity
  • Stock has declined 19% over the past one year, underperforming broader markets and signalling investor caution
  • Three-year average ROE of just 12% is relatively low for the chemicals sector, indicating historically modest returns on shareholder equity
  • TTM profit growth has decelerated sharply to 14% compared to the three-year CAGR of 48%, suggesting earnings momentum may be fading
  • The fertiliser business is subject to government subsidy policies and raw material price swings, adding structural unpredictability to margins
  • Three-year stock CAGR of 30% has been sharply reversed by the recent one-year decline of 19%, highlighting elevated price volatility

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

9h ago

TL;DR: Paradeep Phosphates is under significant near-term pressure with Q2FY27 net profit down 69% YoY, margins contracting sharply due to elevated sulphur costs, and sales volumes hurt by a weak monsoon. On the positive side, revenue still grew 7%, backward integration is advancing with phosphoric acid capacity expansion on track for Q1FY28, and sulphur prices are beginning to soften. The stock's 14% single-day drop reflects the severity of the earnings miss, but easing input costs and Rabi season inventory liquidation could support a recovery in the second half of FY27.

Headwinds 5
  • Net profit plunges 69% YoY Oct 30

    Q2FY27 net profit fell 69% YoY to ₹121 crore, while EBITDA dropped 37% to ₹413 crore and EBITDA margin contracted 400bps to 5.6%.

  • Stock crashes 14% post results Oct 30

    Shares tumbled 14% on Oct 30, making Paradeep Phosphates the biggest loser on the Nifty 500 after weak Q2 results.

  • Sales volumes down 25% YoY Nov 4

    Q2FY27 sales volumes declined 25% YoY to 1 million tonnes, impacted by below-normal monsoon conditions.

Positives 5
  • Phosphoric acid expansion on track Oct 30

    Phase 1 expansion from 5 lakh to 7 lakh tonnes annual phosphoric acid capacity is progressing and expected to commission in Q1FY28, with further expansion to 1 mmtpa targeted by FY29/FY30.

  • ₹250Cr aluminium fluoride plant Oct 30

    Board approved ₹250 crore investment to set up an aluminium fluoride plant, furthering backward integration.

  • Sulphur prices softening Nov 4

    Management indicated raw material prices, particularly sulphur, have started softening, which should ease margin pressure in coming quarters.

Neutral 1
  • Independent Director term ends Nov 3

    Satyananda Mishra ceased as Independent Director on Nov 3 after completing his second three-year term.

Quarterly Results

₹ Cr
PARADEEP quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
3,054
3,683
2,595
2,243
2,377
4,619
4,990
4,194
4,504
6,872
5,749
4,702
6,124
7,364
Expenses
3,093
3,427
2,313
2,095
2,231
4,112
4,551
3,811
3,923
6,216
5,276
4,260
5,404
6,951
Operating Profit
−39
256
282
148
146
507
438
383
580
657
472
442
720
413
OPM %
−1.3%
7%
11%
7%
6%
11%
9%
9%
13%
10%
8%
9%
12%
6%
Other Income
19
11
9
30.03
19
20
42
60
34
42
−10
42
43
18
Interest
92
96
82
95
91
105
103
119
104
140
127
156
132
158
Depreciation
47
51
55
58
61
86
88
86
86
90
102
126
106
109
PBT
−159
120
154
26
13
337
289
238
424
469
233
202
526
164
Tax %
−25%
26%
29%
18%
59%
24%
28%
28%
25%
27%
22%
23%
25%
26%
Net Profit
−120
89
109
22
5
255
209
172
317
342
182
156
393
121
EPS (₹)
−1.47
1.1
1.34
0.26
0.07
3.13
2.57
2.11
3.88
4.19
1.75
1.5
3.78
—

Sep 2026: from the results filed on 29 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
PARADEEP profit and loss, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
4,358
4,193
5,165
7,859
13,341
11,575
16,959
21,826
23,447
Expenses
3,906
3,726
4,616
7,175
12,525
10,903
15,384
19,618
21,155
Operating Profit
452
467
549
684
816
672
1,574
2,208
2,292
OPM %
10%
11%
11%
9%
6%
6%
9%
10%
10%
Other Income
29
27
12
27
76
45
124
51
116
Interest
159
192
111
86
291
366
443
528
555
Depreciation
70
72
83
90
175
211
344
403
423
PBT
251
230
366
535
426
141
911
1,328
1,430
Tax %
37%
16%
39%
26%
29%
29%
27%
25%
—
Net Profit
159
193
223
398
304
100
662
996
1,072
EPS (₹)
2.76
3.36
3.88
6.92
3.73
1.23
8.12
9.6
11.22
Div. Payout %
36%
0%
0%
0%
13%
41%
12%
16%
—

Balance Sheet

₹ Cr
PARADEEP balance sheet, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
575
575
575
575
814
815
815
1,038
Reserves
907
1,028
1,252
1,650
2,690
2,750
5,060
5,745
Borrowings
3,123
2,298
1,251
2,954
4,648
4,014
5,100
6,906
Other Liabilities
1,022
1,109
1,344
2,749
2,504
2,083
3,294
4,247
Total Liabilities
5,628
5,010
4,423
7,928
10,657
9,661
14,268
17,936
Fixed Assets
1,024
1,214
1,226
1,261
2,872
3,431
5,194
6,026
CWIP
255
149
220
336
697
372
584
424
Investments
0
3
125
553
3
3
272
25
Other Assets
4,349
3,644
2,852
5,778
7,085
5,855
8,218
11,461
Total Assets
5,628
5,010
4,423
7,928
10,657
9,661
14,268
17,936

Cash Flow

₹ Cr
PARADEEP cash flow, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−920
1,270
1,501
−44
−2,377
1,437
1,648
−1,012
Investing
−103
−143
−289
−1,099
−419
−367
−415
−557
Financing
1,018
−1,141
−1,124
1,589
2,301
−1,022
−389
998
Net Cash Flow
−5
−15
87
446
−495
48
844
−571
Free Cash Flow
−1,047
1,131
1,332
−664
−2,812
1,026
1,191
−1,878
CFO/EBITDA
−196
278
288
6
−274
222
117
−33

Ratios

PARADEEP financial ratios, annual
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
196
187
82
42
101
86
66
80
Inventory Days
166
134
85
133
77
74
78
105
Days Payable
83
100
89
132
66
60
71
70
Cash Conversion Cycle
280
221
78
43
112
100
74
115
Working Capital Days
35
33
25
−50
14
13
−3
18
ROCE %
—
10%
14%
15%
11%
7%
15%
15%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Paradeep Phosphates insights

61 extracted metrics across FY19–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 57.85%
  • DIIs 20.26%
  • Public 13.69%
  • FIIs 4.79%
  • Others 3.31%
  • Government 0.10%

10.34% of promoter holding pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Paradeep Phosphates

What does Paradeep Phosphates Ltd do?
Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company.
Where is Paradeep Phosphates Ltd (PARADEEP) listed?
Paradeep Phosphates Ltd trades as PARADEEP on the NSE and under code 543530 on the BSE.
Which sector does Paradeep Phosphates Ltd belong to?
Paradeep Phosphates Ltd is classified under the Chemicals sector, in the Fertilizers industry.
What is the PE ratio of Paradeep Phosphates Ltd?
Paradeep Phosphates Ltd trades at a PE ratio of 12.23 as of 4 Nov 2026, on earnings per share of ₹11.22, against a book value of ₹68.8 per share.
What is the 52-week high and low of Paradeep Phosphates Ltd?
Over the last 52 weeks Paradeep Phosphates Ltd has traded between ₹99.7 and ₹180.8 as of 4 Nov 2026.
Does Paradeep Phosphates Ltd pay dividends?
Paradeep Phosphates Ltd has a dividend yield of 1.12%.
What is the Return on Equity (ROE) of Paradeep Phosphates Ltd?
Paradeep Phosphates Ltd reported a return on equity of 16.20%. Its debt-to-equity ratio is 1.02.

Company Information

Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.

Listed 27 May 2022
Face Value ₹10

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