Indian Phosphate Ltd
Incorporated in 1998, Indian Phosphate Ltd manufactures, purchases and sells fertilizers and chemical products[1]
- Market Cap ₹ 201 Cr.
- Current Price ₹ 80.4
- High / Low ₹ 87.4 / 46.1
- Stock P/E 9.42
- Book Value ₹ 68.2
- Dividend Yield 0.00 %
- ROCE 18.9 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.18 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.6% over last 3 years.
- Contingent liabilities of Rs.122 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 379 | 404 | 557 | 765 | 702 | 795 | 986 | |
| 374 | 395 | 533 | 739 | 679 | 778 | 949 | |
| Operating Profit | 5 | 9 | 24 | 25 | 23 | 17 | 37 |
| OPM % | 1.4% | 2.2% | 4.3% | 3.3% | 3.3% | 2.1% | 3.7% |
| 0 | 0 | 1 | 2 | 2 | 1 | 1 | |
| Interest | 2 | 2 | 3 | 4 | 5 | 4 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 3 | 7 | 22 | 22 | 19 | 13 | 30 |
| Tax % | 27% | 25% | 26% | 26% | 29% | 30% | 28% |
| 2 | 5 | 16 | 17 | 13 | 9 | 21 | |
| EPS in Rs | 1.08 | 2.88 | 8.89 | 9.12 | 7.41 | 3.67 | 8.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 9% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 9% |
| TTM: | 133% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 53% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 13% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 25 | 25 |
| Reserves | 27 | 32 | 48 | 65 | 63 | 124 | 145 |
| 13 | 4 | 18 | 15 | 40 | 18 | 28 | |
| 31 | 24 | 39 | 91 | 42 | 43 | 38 | |
| Total Liabilities | 74 | 63 | 108 | 174 | 163 | 210 | 236 |
| 7 | 7 | 8 | 19 | 24 | 23 | 60 | |
| CWIP | 1 | 1 | 3 | 0 | 4 | 29 | 9 |
| Investments | 0 | 0 | 0 | 0 | 8 | 8 | 9 |
| 66 | 55 | 96 | 155 | 127 | 150 | 160 | |
| Total Assets | 74 | 63 | 108 | 174 | 163 | 210 | 236 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 12 | -5 | 17 | -2 | 1 | 7 | ||
| -1 | -4 | -11 | -18 | -35 | -10 | ||
| -11 | 11 | -7 | 20 | 33 | 4 | ||
| Net Cash Flow | -0 | 1 | -0 | 0 | 0 | 1 | |
| Free Cash Flow | 11 | -9 | 8 | -12 | -24 | -12 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 130% | -15% | 90% | 18% | 38% | 31% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 26 | 34 | 41 | 29 | 37 | 39 |
| Inventory Days | 14 | 12 | 13 | 26 | 29 | 16 | 11 |
| Days Payable | 22 | 10 | 9 | 37 | 17 | 15 | 9 |
| Cash Conversion Cycle | 22 | 29 | 37 | 30 | 42 | 39 | 40 |
| Working Capital Days | 19 | 25 | 24 | 21 | 20 | 33 | 31 |
| ROCE % | 22% | 45% | 35% | 23% | 12% | 19% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Chemical Segment Revenue as % of Total Revenue % |
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| LABSA Installed Capacity MT/day |
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| LABSA Capacity Utilization % |
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| SSP Installed Capacity MT/year |
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| Distribution Reach - States Served (Fertilizer) states |
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| Fortified SSP as % of Total SSP Output % |
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| Sulphuric Acid Installed Capacity (Cuddalore) MT/day |
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| Sulphuric Acid Capacity Utilization (Cuddalore) % |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- Q2 FY27 revenue rose 94.39% YoY; Cuddalore surfactant plant began commercial production, with new SOP distribution and Sri Lanka proposal.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) compliance certificate for quarter ended 30 September 2026; no dematerialization requests received.
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Trading Window
- Trading window closed from 1 October 2026 until 48 hours after unaudited half-year results.
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Shareholders meeting
- Indian Phosphate held its 27th AGM on 29 September 2026; shareholders considered financials, director reappointments and subsidiary investment approval.
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Copy of Newspaper Publication
- Indian Phosphate Limited intimates newspaper publication in Business Standard dated 28 September 2026.
Concalls
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Jun 2026PPT
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Dec 2025Transcript
Business Overview:[1][2]
IPL is one of the leading Single 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 the manufacturing of detergent.