AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Aug - Paradeep Phosphates to attend Elara Capital investor conference on September 1, 2026 in Mumbai.
Source: Bse
Paradeep Phosphates Limited (PARADEEP)
Large CapChemicals stocks · Large cap · NSE
Paradeep Phosphates Limited (PPL) is India's leading private sector phosphatic fertilizer company with 3.7 MMTPA capacity across three plants. It produces DAP, NPK grades, and Urea, serving over 15 million farmers across 18 states. PPL also has an industrial portfolio of chemicals and other products.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals14 Oct 2026 · screener
Latest result28 Jul, 11:27 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Chemicals P/E 33.1 (n=45)
Technical timing lens
Trend score and candlestick chart
44NeutralSMA20 -3.4% / mo · MACD − · sector -4.2pp vs Nifty 500 (3M)
Stock trend: 43
Sector RS: 46
Sector 3M: -9.8% vs Nifty 500 -5.6%
Chemicals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
PARADEEPD candles · FIT view+7.9%Latest close ₹144.26 on 2026-10-19
Bar
-2.2%
RSI
40
MACD hist
-0.89
52W pos
55%
2026-10-19O ₹147.56H ₹147.70L ₹143.48C ₹144.26Vol 7.8L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
PARADEEPNifty ChemicalsNifty 500
- PARADEEP
- +4.4%
- Nifty 500
- -5.6%
- Nifty Chemicals
- -8.5%
- Vs Nifty 500
- +9.9 pp
Chart stats
19 Oct 2026- From 52W high
- -20.7%
- 52W range position
- 54%
- ATR (14)
- 3.5%
- Volume vs 20D
- 0.41x
- Avg traded value
- ₹27.8 Cr
- 20D price channel
- ₹136.6 - ₹158.4
₹181.9
₹99.7 - ₹181.9
₹5
Latest completed session
20-session average
23.9% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · UNDERVALUED72
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +36.0% · PAT +24.0% YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model+71.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 62/100Rev +36% YoY · PAT +24% YoY · +30% QoQ · margin compression
Filed 28 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹6,124 Cr | +36.0% | +30.2% |
| EBITDA | ₹720 Cr | +24.1% | +62.9% |
| Operating margin | 12.0% | -100 bps | +300 bps |
| PAT | ₹393 Cr | +24.0% | +151.9% |
| PAT margin | 6.4% | -62 bps | +310 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 13.80
- P/B
- 2.21
- EV/EBITDA
- 8.07
- Market Cap
- 14998.00Cr
Profitability
- ROE
- 16.20%
- ROCE
- 15.40%
- ROA
- 5.98%
- Dividend Y
- 1.04%
Growth (CAGR)
- Revenue 5Y
- 33.00%
- EPS 5Y
- 35.00%
- Revenue 3Y
- 18.00%
- EPS 3Y
- 48.00%
Balance Sheet
- Debt/Equity
- 1.02
- Interest Coverage
- 4.13×
- Altman Z
- 3.12
- Book Value
- 65.30
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- -1012.00 Cr
- EPS TTM
- 11.22
Shareholding
- Promoter Hold
- 57.85%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 54%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 21.8k+28.7% vs prev
Net Profit
₹ CrLatest: 996+50.5% vs prev
Return on Equity
%Latest: 14.7+30.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 40. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~3.5% over last month) — short-term momentum negative.
- RSI(14) at 40 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 20% off 52W high · 45% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
56
RS percentile
Stage 2 UptrendEstablished S2
1M return
-7.3%
3M return
+4.4%
6M return
+5.9%
1Y return
-14.7%
RS 1D
-3
RS 20D
+3
Sector rank
#13
Industry rank
-
Stage evidence
- Price is 5.0% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +3.8%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
26 Aug 2026
S2 age
37 trading sessions
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 81.48-0.95%
RS vs Nifty 50081
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · UNDERVALUEDValuation22/30
Growth23/25
Quality13/20
Balance Sheet8/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
72
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
72/100 · legacy band UNDERVALUED
Positive drivers
- Fair-value margin of safety is positive at 71.4%.
- Growth contributes 23/25 to the score.
- Valuation contributes 22/30 to the score.
Main drags
- Cash flow is weaker at 3/10; verify the latest quarterly trend.
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
- Quality is weaker at 13/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
13.8
PB
2.2
EV/EBITDA
8.1
ROE
16.2%
ROCE
15.4%
FCF Yield
—
Debt/Equity
1.0
MoS
+71.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 1.0, so downturn resilience matters.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
72
Previous: 72
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+71.4%
Previous: +71.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
70
70
70
70
70
72
72
72
72
72
72
72
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹128.39
-12.4% MoS
Growth-justified P/E
45.0
Growth-justified Value
₹504.9
+71.4% MoS
PEG
0.34
Comparable companies
Peers
Business-comparable peers in Chemicals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CHAMBLFERT
Small
Chambal Fertilizers & Chemicals Limited
Fertilizers & Chemicals
match 165
81
8.1
20.0%
+44%
DEEP VALUE
DEEPAKFERT
Small
Deepak Fertilizers and Petrochemicals Corporation Limited
Fertilizers & Chemicals
match 163
47
17.2
10.9%
+64%
FAIR VALUE
GNFC
Micro
Gujarat Narmada Valley Fertilizers and Chemicals Limited
Fertilizers & Chemicals
match 161
59
8.2
9.1%
+21%
FAIR VALUE
RCF
Micro
Rashtriya Chemicals and Fertilizers Limited
Fertilizers & Chemicals
match 157
40
14.0
7.8%
-41%
WATCHLIST
NFL
Micro
National Fertilizers Limited
Fertilizers & Chemicals
match 155
38
8.5
7.5%
-42%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-13T07:54:26.023Z
Management commentary snapshot
PPL reported robust FY26 performance with Revenue from Operations up 28.7% YoY to Rs. 218,263 Mn and EBITDA up 33.0% YoY to Rs. 22,594 Mn, driven by improved economies of scale and NPK category growth. Q4 FY26 saw revenue up 12.1% YoY but Net Profit declined 4.7% YoY.
PPL delivered strong full-year financial and operational growth, achieving 100% production capacity and expanding Sulphuric Acid capacity. Management's strategic focus on backward integration and value-added NPK products supports future growth, despite a Q4 PAT decline. The plan to reach 5.0 MMTPA total capacity by FY29 is a key positive.
Growth engines
Value-added NPK category growth
NPK as a category (including TSP) grew by 22% in FY26.
Deepened market penetration
Extensive pan-India distribution network across 18 states, 7,000 dealers, 100,000 retailers, and 15 million farmers.
Strategic capacity expansion
Targeting 5.0 MMTPA total capacity by FY29, up from 3.7 MMTPA in FY26.
Backward integration
Plan to double Phosphoric Acid capacity from 0.5 MMTPA to 1 MMTPA is on track; endeavor to make all sites 100% backward integrated in Phos acid.
Capacity and execution
Sulphuric Acid Capacity
Commissioned Sulphuric Acid Plants at Paradeep (500,000 MTPA) and Mangalore (100,000 MTPA) in FY26, increasing company-level capacity by 0.6 MMTPA (45%).
Phosphoric Acid Capacity
Plan to double Phos Acid capacity from 0.5 MMTPA to 1 MMTPA is on track.
Tailwinds
Integrated manufacturing operations
Reflecting the strength of its integrated manufacturing operations, diversified product portfolio, and efficient sourcing capabilities.
Strong farmer engagement and brand recognition
Extensive pan-India distribution network supported by strong farmer engagement and brand recognition (Jai Kisaan Navratna, Mangala).
Competitive raw material sourcing
Competitive edge in sourcing raw materials via long-term agreements and close proximity to ports, enhancing inbound logistics.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
Full-year (FY26) results are crucial for assessing overall performance and strategic direction, best compared YoY. Q4 results, also compared YoY, provide recent performance context. QoQ comparisons are available for financials and show sequential momentum.
Sector KPIs management disclosed
Total Fertilizers Production
FY26: 3,666,291 MT, 7.7% Y-o-Y.
Total Fertilizers Sales
FY26: 4,209,890 MT, 10.2% Y-o-Y.
EBITDA Margin
FY26: 10.3%.
Capacity Utilization
PPL achieved production of 37 lakh tonnes in FY26, achieving 100% capacity.
Management forward view
Focus on operational excellence
We remain focused on operational excellence, disciplined execution and sustainable growth.
Serving farming community
Continuing to serve India’s farming community through a diversified product portfolio and strong distribution network.
Backward integration goal
Directionally we endeavour to make all our sites 100% backward integrated in Phos acid.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Phosphoric Acid Capacity Expansion | Plan to double from 0.5 MMTPA to 1 MMTPA is on track. | Progress and commissioning timelines for the Phos Acid capacity doubling. |
| Total Capacity Utilization | Achieved 100% capacity utilization in FY26. | Sustained high utilization rates as new capacities come online. |
| Value-added NPK Growth | NPK (including TSP) grew by 22% in FY26. | Continued strong growth in value-added fertilizer categories. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 36th percentile within Chemicals. Main check: cash conversion is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
60 docs text-extracted · 17 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · Chemicals: 36th pctile, median 73 · Large: 35th pctile, median 73
Evidence depth
Financial-only
60 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
75
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 57.9%.
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-1012 Cr.
- ▸Debt/equity is 1.02.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Paradeep Phosphates Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 20 Aug - On 20 Aug 2026, PPL launched JAI KISAAN NAVRATNA CROPFIT for Karnataka sugarcane cultivation.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Updates on Acquisition 12 Aug - Paradeep Phosphates incorporated WOS Fertilizer Innovation Foundation–India on August 11, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Aug - Publication of Notice of 44th AGM and E-voting information
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Newspaper publication in respect of 44th AGM of the Company
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Aug - Intimation of allotment of 349656 number of equity shares pursuant to exercise of options under PPL- ESOP 2021
Source: Bse
Concall transcript
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 Aug - Transcript of conference call has been uploaded on the website of the Company
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 5 Aug - Board approved incorporation of WOS Fertilizer Innovation Foundation–India, a Section 8 not-for-profit entity.
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Company Ir
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.