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Paradeep Phosphates Limited

Paradeep Phosphates Limited (PPL) is one of India's leading integrated agri-nutrient companies and a prominent player in the phosphatic fertilizer industry. With a total fertilizer production capacity of 3.7 million metric tonnes (MMT), including 3.2 MMT of phosphatic fertilizers and 0.8 MMT of urea, PPL operates three state-of-the-art manufacturing facilities located at Paradeep, Odisha (1.8 …

active IndiaAsia Founded 1981 Listed Revenue: ₹218,263 million (FY 2025-26) checked 2026-10-05

Profile

Paradeep Phosphates Limited (PPL) is an integrated Indian agri-nutrient company that manufactures, trades, distributes and markets phosphatic fertilizer and related industrial chemicals, reaching 18 states via regional offices and a pan-India dealer/retailer network. Core products include DAP, Urea, NPK (incl. TSP), and specialty/soil and micronutrient offerings such as Nano Urea/Nano DAP, plus industrial chemicals like gypsum, HFSA, sulphuric acid and ammonia. Incorporated in 1981; registered office is in Bhubaneswar, Odisha. PPL is listed on Indian stock exchanges (BSE: 543530, NSE: PARADEEP) after listing in May 2022; it is held 57.2% by Zuari Maroc Phosphates Pvt. Ltd. (ZMPPL) as of 30 Sep 2025. Scale: FY2025-26 revenue from operations ₹218,263 million; EBITDA ₹22,594 million; PAT ₹9,968 million; production 3.67 Mn MT and sales volume 4.2 Mn MT; installed fertilizer capacity ~3.9 MMTPA after integrating MCFL. Manufacturing facilities are at Paradeep (Odisha, 1.8 MMTPA NPK/DAP) and Goa (Zuarinagar, 0.8 MMTPA DAP/NPK plus 0.4 MMTPA urea), with Mangalore (0.7 MMTPA) following the merger. Key supply partner: OCP S.A. via an exclusive long-term supply agreement for rock phosphate. Latest 2025-2026 developments: MCFL integration completed in fiscal 2026, expanded manufacturing capacity to 3.7 MMTPA, and FY26 included a ₹3,600 crore capex plan for granulation and backward integration (phosphoric/sulphuric acids) targeting 5.0 MMTPA sales in ~2.5 years. PPL is active as of Sep 2026 (Crisil rating reaffirmed 11 Sep 2026).

Sources#

Industry: Crop protection, Food ingredients
Topics: Crop protection chemicals & fertilizers, Seaweed, alginate & carrageenan
Role: Distributor — “…nal offices and a pan-India dealer/retailer network [1]. Core products include DAP, Urea, NPK (incl. TSP), and…”
Why it is bioeconomy: Paradeep Phosphates Limited is a currently operating Indian phosphatic fertilizer manufacturer and integrated agri-nutrient company with ~3.7 MMT capacity, offering DAP/NPK and urea products for crop nutrition.
Found via: [Rubric] India · struvite

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

Subsidiaries: Mangalore Chemicals & Fertilizers Ltd. (MCFL)

News & status 6

2025-10 Latest status: The company completed its merger with Mangalore Chemicals & Fertilizers Limited (MCFL) in October 2025. ↗ ↗ ↗
2026-08-24 Paradeep Phosphates in focus after Goa Customs office issues Show Cause Notice; Here's why - CNBC TV18
Paradeep Phosphates Limited is facing a Goa Customs Show Cause Notice for alleged misdeclaration of imported prilled urea as technical-grade urea, with fines totaling ₹93.59 crore and goods worth ₹465.2 crore confiscated, prompting the stock to slide as …
2026-08-28 Public Hearing Conducted For Expansion & New Projects Of PPL At Odisha’s Paradip | OdishaBytes
Paradeep Phosphates Limited (PPL) received a positive public hearing for its Paradip expansion and new projects, with local stakeholders expressing support; PPL committed to responsible, environmentally safeguarded growth, leveraging existing infrastructure …
2026-07-28 Paradeep Phosphates Q1 net up 24% at ₹393 cr on higher sales - The HinduBusinessLine
Paradeep Phosphates Ltd (PPL) reported Q1 FY27 net profit up 24% to ₹393 crore on 36% higher revenue (₹6,124 crore) with 4% higher sales volume, and the board approved a ₹250 crore investment to set up an Aluminium Fluoride plant at Paradeep as part of its …
2026-07-28 Paradeep Phosphates reports 24% rise in Q1 profit, approves ₹250 crore investment - CNBC TV18
Paradeep Phosphates reported a 24% YoY rise in Q1 FY27 PAT to ₹393 crore with revenue up 36% to ₹6,124 crore, and approved a ₹250 crore investment to set up a 15,000 MTPA aluminium fluoride plant, while its Phos Acid expansion (Phase 1) from 500,000 to 700,000 …
2026-08-21 Regulatory Hurdle: Customs Authority Fines Paradeep Phosphates 935.9 Million Rupees | WowNews24x7
Paradeep Phosphates Limited has disclosed that customs authorities imposed penalties and fines totaling 935.9 million rupees after regulatory reviews of its import classifications and valuations; the company is examining the adjudication order and planning …
2026-09-30 Paradeep Phosphates reports strong FY26 performance; revenue up 29 per cent, PAT surges 52 per cent
Paradeep Phosphates Limited posted a strong FY26, with revenue up 29% to ₹21,826 crore, net profit up 52%, and EBITDA up 33%, driven by higher NPK demand and efficiency gains. The company also expanded backward integration (new sulphuric and phosphoric acid …

Network: owners, partners, peers

Ownership & investors 3

parent	Zuari Maroc Phosphates Pvt Ltd
investor	Zuari Maroc Phosphates Pvt Ltd
subsidiary	Mangalore Chemicals & Fertilizers Ltd

Partners & deals 2

counterparty	Mangalore Chemicals & Fertilizers Limited (MCFL) …The company completed its merger with Mangalore Chemicals & Fertilizers Limited (MCFL) in October 2025.…
off-taker / supply agreement	TPA …TPA) following the merger. Key supply partner: OCP S.A. via an exclusive long-term supply agreement for rock phosphate. Latest 2025-2026 developments: MCFL integration completed in fisc…

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