Paradeep Phosphates Ltd: Fundamentals, Forecast & Future Outlook

Paradeep Phosphates Limited (NSE: PARADEEP) is one of India’s largest producers of non-urea fertilisers, specializing in Di-Ammonium Phosphate (DAP) and NPK fertilisers. The company operates under the government’s nutrient-based subsidy (NBS) scheme and has a strong presence across the agricultural belt of India.

Founded in 1981, Paradeep Phosphates Ltd (PPL) operates through state-of-the-art manufacturing facilities in Odisha and Goa, strategically located near ports to facilitate import of raw materials such as phosphate rock and ammonia.

PPL’s listing on NSE and BSE following its IPO share price of ₹42 per share (in 2022) marked its transition into a publicly traded leader within India’s agri-input industry. Since then, the stock has demonstrated strong earnings growth, a robust distribution network, and steady operational expansion.