Paradeep Phosphates Limited Reports 29% Revenue Growth in FY26
12 May 2026, Bengaluru: Paradeep Phosphates Limited reported an increase in revenue and profitability for FY26, supported by higher fertilizer sales volumes and growth in value-added NPK products.
The company reported revenue from operations of ₹21,826 crore in FY26, up 29% year-on-year. EBITDA increased 33% to ₹2,259 crore, while profit before tax rose 46% to ₹1,328 crore. Net profit for the year stood at ₹1,000 crore, registering a 52% increase compared to FY25.
For the fourth quarter ended March 31, 2026, the company reported revenue of ₹4,702 crore. EBITDA for the quarter stood at ₹484 crore, while profit before tax and profit after tax were reported at ₹202 crore and ₹161 crore respectively.
Fertilizer Production and Sales Volumes Increase
During FY26, fertilizer production volumes increased 8% year-on-year to 36.66 lakh metric tonnes (LMT), while sales volumes rose 10% to 42.10 LMT. The company said growth was led by value-added NPK grades.
NPK fertilizer sales, including Triple Super Phosphate (TSP), increased 22% year-on-year to 24.64 LMT. The company attributed the growth to its distribution network across 18 states and demand for balanced fertilization products.
Backward Integration Expansion Continues
Managing Director and CEO N. Suresh Krishnan said the company achieved fertilizer production of 3.67 million metric tonnes during FY26, operating near full capacity utilization across existing facilities.
During the year, the company commissioned sulphuric acid plants at Paradeep and Mangalore with combined additional capacity of 0.6 million metric tonnes per annum. According to the company, this increased its sulphuric acid production capacity by 45%.
The company also stated that work is progressing on the expansion of phosphoric acid capacity from 0.5 million metric tonnes per annum to 1 million metric tonnes per annum. The first phase of the project, which will expand capacity to 0.7 million metric tonnes at Paradeep, is expected to be commissioned in FY27.
Focus on Distribution and ESG Metrics
The company said it continued to expand sales of NPK fertilizers through its retailer network of more than 100,000 outlets serving farmers across 18 states. It also stated that digital interventions are being used to improve last-mile delivery.
Paradeep Phosphates Limited further noted that its long-term credit rating was upgraded to AA- with a stable outlook, which it expects will support optimization of working capital and financing costs.
On sustainability metrics, the company reported an S&P Global ESG score of 76 during FY26 and stated that it ranked among the top 2 percentile companies in the global chemicals sector.
Also Read: UPL Limited FY26 Revenue Climbs 11% to ₹51,839 Crore, Advanta Surges 23% YoY
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