Indian Phosphate Ltd
Incorporated in 1998, Indian Phosphate Ltd manufactures, purchases and sells fertilizers and chemical products[1]
- Market Cap ₹ 146 Cr.
- Current Price ₹ 58.6
- High / Low ₹ 78.2 / 42.4
- Stock P/E 11.5
- Book Value ₹ 62.8
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 7.97 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.93 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.118 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 379 | 404 | 557 | 765 | 702 | 795 | 867 | |
| 374 | 395 | 533 | 739 | 679 | 778 | 844 | |
| Operating Profit | 5 | 9 | 24 | 25 | 23 | 17 | 22 |
| OPM % | 1% | 2% | 4% | 3% | 3% | 2% | 3% |
| 0 | 0 | 1 | 2 | 2 | 1 | 1 | |
| Interest | 2 | 2 | 3 | 4 | 5 | 4 | 4 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 3 | 7 | 22 | 22 | 19 | 13 | 18 |
| Tax % | 27% | 25% | 26% | 26% | 29% | 30% | |
| 2 | 5 | 16 | 17 | 13 | 9 | 13 | |
| EPS in Rs | 7.22 | 19.31 | 59.61 | 61.16 | 7.41 | 3.67 | 5.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | -17% |
| TTM: | -32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 25 | 25 |
| Reserves | 27 | 32 | 48 | 65 | 63 | 124 | 132 |
| 13 | 4 | 18 | 15 | 40 | 18 | 33 | |
| 31 | 24 | 39 | 91 | 42 | 44 | 72 | |
| Total Liabilities | 74 | 63 | 108 | 174 | 163 | 211 | 263 |
| 7 | 7 | 8 | 19 | 24 | 23 | 55 | |
| CWIP | 1 | 1 | 3 | 0 | 4 | 29 | 11 |
| Investments | 0 | 0 | 0 | 0 | 8 | 8 | 8 |
| 66 | 55 | 96 | 155 | 127 | 151 | 188 | |
| Total Assets | 74 | 63 | 108 | 174 | 163 | 211 | 263 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 12 | -5 | 17 | -2 | 1 | ||
| -1 | -4 | -11 | -18 | -35 | ||
| -11 | 11 | -7 | 20 | 33 | ||
| Net Cash Flow | -0 | 1 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 31 | 26 | 34 | 41 | 29 | 37 |
| Inventory Days | 14 | 12 | 13 | 26 | 29 | 16 |
| Days Payable | 22 | 10 | 9 | 37 | 17 | 15 |
| Cash Conversion Cycle | 22 | 29 | 37 | 30 | 42 | 39 |
| Working Capital Days | 19 | 25 | 24 | 21 | 20 | 33 |
| ROCE % | 22% | 45% | 35% | 23% | 12% |
Documents
Announcements
-
Appointment
2 February 2026 - Document contains only digital signature timestamps by Ravindra Singh dated 2026-02-02; no substantive announcement.
-
Appointment
2 February 2026 - Only digital signatures by Ravindra Singh (2026.02.02 timestamps); no substantive announcement.
-
Outcome of Board Meeting
2 February 2026 - Document contains only digital signatures by Ravindra Singh dated 2026-02-02.
-
Integrated Filing- Governance
30 January 2026 - Practising CS certifies Indian Phosphate Ltd exempt from several LODR corporate governance provisions for quarter ended 31-Dec-2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 January 2026 - Bigshare certifies no dematerialisation requests for Indian Phosphate Limited during 01.10.2025–31.12.2025.
Annual reports
Concalls
-
Dec 2025TranscriptPPT
Business Overview:[1][2]
IPL is one of the leading Singular Super Phosphate (both granular and powdered) manufacturers in Rajasthan with its Ankur SSP brand established in Northern & Western states of India. It also manufactures LABSA which is one of the raw materials used for manufacturing of detergent