MUMBAI, 12 May 2026: Paradeep Phosphates Limited reported a strong financial and operational performance for FY26, driven by higher sales of value-added fertilizers, improved operational efficiency, and expanded backward integration despite volatility in global raw material markets.
The company posted a 29 per cent year-on-year rise in revenue from operations to ₹21,826 crore in FY26. EBITDA increased 33 per cent to ₹2,259 crore, while profit before tax rose 46 per cent to ₹1,328 crore. Net profit climbed 52 per cent to ₹1,000 crore during the year.
For the fourth quarter ended March 2026, revenue stood at ₹4,702 crore, while EBITDA came in at ₹484 crore. Profit after tax for the quarter was ₹161 crore.
NPK segment drives volume growth
Paradeep Phosphates achieved fertilizer production volumes of 36.66 lakh metric tonnes during FY26, up 8 per cent year-on-year, operating at nearly full capacity utilisation across its facilities.
Sales volumes rose 10 per cent to 42.10 lakh metric tonnes, led by strong demand for value-added NPK fertilizers. The NPK segment, including TSP, registered a sharp 22 per cent growth to 24.64 lakh metric tonnes.
The company said operational agility, sourcing efficiencies, and backward integration helped offset the impact of global uncertainty, raw material price volatility, and rupee depreciation.
Capacity expansion underway
Managing Director and CEO N. Suresh Krishnan said the company commissioned new sulphuric acid plants at Paradeep and Mangalore during FY26, increasing overall sulphuric acid capacity by 45 per cent.
Paradeep Phosphates is also expanding phosphoric acid production capacity from 0.5 million tonnes per annum to 1 million tonnes per annum. The first phase of expansion to 0.7 million tonnes is expected to be commissioned in FY27.
The company said it remains focused on strengthening its position in balanced crop nutrition through innovative NPK products and digital interventions aimed at improving last-mile delivery to farmers.
ESG focus and market reach
Paradeep Phosphates highlighted its sustainability initiatives, stating that it achieved an S&P Global ESG score of 76 during FY26, placing it among the top 2 percentile companies in the global chemical sector.
The company currently serves over 15 million farmers through a retail network of more than 100,000 outlets across 18 states under its Jai Kisaan fertilizer brands.
