loader2
Partner With Us NRI

Paradeep Phosphates Ltd share Price Today

Company details

85.00
91.80
58.65
93.90
6M Return 28.20%
1Y Return 47.23%
Mkt Cap.(Cr) 6,951.35
Volume 22,968,842
Div Yield 0.59%
OI
-
OI Chg %
-
Volume 22,968,842

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Fertilizers company Paradeep Phosphates announced Q4FY24 & FY24 results:

Total Income from Operations:

  • FY24: Rs 11,575 crore, down by 13% YoY.
  • Q4FY24: Rs 2,243 crore, down by 38% YoY.
  • The reductions are attributable to a decrease in product subsidies.

EBITDA:

  • FY24: Rs 717 crore, down by 20% YoY.
  • Q4FY24: Rs 178 crore, up by 11% YoY.

Production Volumes:

  • FY24: 2,304,969 MT, up by 13% YoY.
  • Q4FY24: 470,429 MT.

Finished Fertilizer Production:
Paradeep site:

  • FY24: 1,425,845 MT, up by 10% YoY.
  • Q4FY24: 319,850 MT.

Goa site:

  • FY24: 879,124 MT, up by 19% YoY.
  • Q4FY24: 150,579 MT.

Total Sales Volume:

  • FY24: 2,527,119 MT, compared to 2,029,287 MT in FY 2022-23.

Commenting on the results, N Suresh Krishnan, Managing Director & CEO, PPL said, “The fiscal year 2023-24 brought significant macroeconomic changes. We witnessed global uncertainty, experienced average rainfall, and benefited from the normalization of raw material prices worldwide, although this was accompanied by a decrease in subsidy realizations.

Despite these fluctuations, we achieved positive volumes, producing 2.3 million tons of various grades of DAP and NPK fertilizers throughout the year—an increase of 13% compared to last year. Furthermore, our sales reached nearly 2.53 million tons across various states in India, marking a 25% increase from the previous year. We also managed our debt effectively reducing it by 14% YoY.

Looking ahead, we are gearing up to introduce innovative grades of soil and crop specific NPK fertilizers. We are also in the process of launching our own researched biogenic nano-urea and nano-DAP fertilizers, which promises a significant value addition to soil nutrition.

Our commitment to sustainability has also been recognized, with our first-time entry into the S&P’s DJSI index. We remain dedicated to advancing our ESG goals and making sustainability a central theme in all our operations.

With an expectedly better monsoon season ahead, we are fully prepared to meet the demands of the Kharif season with an optimal product mix, enhanced farmer engagement, and improved operational efficiencies.”

Result PDF

View Other Company Results

Paradeep Phosphates Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Book Value per share Improving for last 2 years

Weakness (7)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 89.7
R2 94.2
R3 96.5
Pivot

87.37

S1 82.9
S2 80.6
S3 76.1
EMA SMA
75.3
72.5
71.8
69.9
73.1
70.8
72.8
71.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-20 87.5 6809875 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-06-20 87.18 5849450 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-20 87.54 6809875 NSE
Name Category Shares
Zuari Maroc Phosphates Private Limited PROMOTER 56.08%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Paradeep Phosphates Ltd Stocks COMPARISON

Financials( in Cr) Paradeep Phosphates Ltd Fertilizers & Chemicals Travancore Ltd Coromandel International Ltd Chambal Fertilisers & Chemicals Ltd Rashtriya Chemicals & Fertilizers Ltd
Price 85.32 1,134.45 1,549.90 517.10 207.79
% Change -7.63 4.04 -5.71 -7.30 -6.51
Mcap Cr 6,951.35 73,407.08 45,635.72 20,717.71 11,463.53
Revenue TTM Cr 13,340.72 6,198.15 29,627.90 27,772.81 21,451.54
Net Profit TTM Cr 304.19 612.99 2,012.93 1,033.79 966.31
PE TTM 69.41 187.40 27.79 16.24 58.60
1 Year Return 47.23 172.21 64.10 85.34 86.61
ROCE 10.72 28.14 38.22 16.38 21.79
ROE 10.62 60.82 28.22 15.35 22.81
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,504.70 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Paradeep Phosphates Ltd Information

Stock PE (TTM)
69.41
Promoter Holding
56.08%
Book Value
43.7468
ROCE
10.72%
ROE
10.62%
Description
  • Paradeep Phosphates Ltd is a leading fertilizer company in India was incorporated in 24th December, 1981. The Company is primarily engaged in the manufacture of Di-Ammonium Phosphate (DAP), Complex Fertilizers of NPK grades, and Zypmite (Gypsum based product) having its manufacturing facility at the port town of Paradeep, in the District Jagatsinghpur, Odisha. The Company is also involved in trading of fertilizers, ammonia, neutralized phospo gypsum, micronutrient and other materials. With its head office at Bhubaneswar and various regional offices across the country, the Company caters to the demands of farmers all over the country through its "Navratna" brand of fertilizers. The Company markets ammonia and sulphuric acid to industrial users. Their units are Di-Ammonium Phosphate (DAP) Plant with the annual capacity of 720,000 metric tonnes, Sulphuric Acid Plant with the annual capacity of 660,000 metric tonnes and Phosphoric Acid Plant with the annual capacity of 225,000 metric tonnes. The products are sold through private and institutional channels. They market their products in Andhra Pradesh, Assam, Bihar, Chhattisgarh, Haryana, Jammu & Kashmir, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Orissa, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, and West Bengal. The Company was formed as a joint venture between the Government of India and the Republic of Nauru. In August 1986, the company commissioned DAP plant with an annual capacity of 720,000 metric tonnes along with off-site facilities with 3.4 km closed conveyor from port to plant site as well as a railway siding, raw material storage yards and a 3.1 km long pipe rake. In June 1992, the company commissioned Sulphuric Acid Plant with an annual capacity of 660,000 metric tonnes and a Phosphoric Acid Plant with an annual capacity of 225,000 metric tonnes. They also commissioned two captive power units of 16 MW each, designed to run on excess steam generated by the Sulphuric Acid Plant. In June 1993, the Republic of Nauru divested their investment in the company, by which the company became a Public Sector Enterprise, wholly owned by the Government of India. The organization incurred huge loss in recent years and was consequently declared sick unit. Their production was stopped. Further they were referred to the Disinvestment Commission in the year 1998. Furthermore, the Commission recommended for strategic sale of not less than 51%. The government of India, cabinet committee on disinvestment ordered for disinvestment of 74% equity sale. In February 2002, the Government of India divested 74% of their stake in the company in favour of selected partner, Zuari Maroc Phosphates Pvt Ltd, a 50-50 joint venture of Zuari Industries Ltd and Maroc Phosphore SA, a wholly owned subsidiary of OCP, Morocco. During the year 2003-04, the company executed an export order to Nepal of around 5000 MT of DAP. Also, the company bagged an award from the Fertilizer Association of India during the year for their turnaround performance. During the year 2004-05, the company entered into Finance Lease arrangement with Srei International Finance Ltd for procuring a Ship Unloader on lease. In May 2006, the company received the ISO 14001: 2004 certification for good environment management systems. In March 2007, Zuari Maroc Phosphates Pvt Ltd holds 80.45% stake in the company and the Government of India holds 19.55% stake in the company. The company proposes to ramp up DAP capacity from their present 720,000 tonnes to over one million at their existing plant through investments to modernize equipment and achieve optimum capacity utilization. In 2019-20, the Company commissioned Gypsum pond-II. It took up engineering work for 4 Evaporator of capacity 350 TPD by Simon India Limited. It was decided to put up 400 TPD Phosphoric acid plant by using Prayon Technology. Basic engineering completed by M/s Jacobs, Lakeland (USA). It commissioned site fabrication for Scrubber vessels & Pre-neutralization tank. It commended dismantling activities & erection of new equipment. On 1 June 2022, the Company acquired the Goa Fertilizer Plant from Zuari Agro Chemicals Limited (ZACL) for USD 280 million on a slump sale basis. Through the Offer or Sale in the IPO, the Government divested its residual stake of 19.55% in the Company. The initial divestment took place when the Government sold 74% of its stake in 2002, and consequently, after the second round of stake sale by Government, the Company became fully a Private Company.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543530
NSE Code : PARADEEP
Book Closure Date (Month) :
BSE Group : A
ISIN : INE088F01024

FAQ’s on Paradeep Phosphates Ltd Shares

You can buy Paradeep Phosphates Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Paradeep Phosphates Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 03:59 PM the closing price of Paradeep Phosphates Ltd was Rs.85.32.

The latest PE ratio of Paradeep Phosphates Ltd as of Jun 21, 2024 03:59 PM is 69.41

The latest PB ratio of Paradeep Phosphates Ltd as of Jun 21, 2024 03:59 PM is 0.51

The 52-week high of Paradeep Phosphates Ltd share price is Rs. 93.90 while the 52-week low is Rs. 58.65

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 21, 2024 03:59 PM, the market cap of Paradeep Phosphates Ltd stood at Rs. 6,951.35 Cr.

Download App

Download Our App

Play Store App Store
market app