Paradeep Phosphates shares zoom 15% to hit 52-week high high as Q1 net profit, margin grow multifold; check numbers

At the time of writing, shares of Paradeep Phosphates were trading at ₹228.34 apiece on the National Stock Exchange, soaring 14.64%.

The stock touched its 52-week high of ₹234.39 per share on Tuesday as the company witnessed a multifold jump in its consolidated net profit and margin for Q1 FY26.

The company posted a consolidated net profit at ₹256 crore for the quarter ended June 30 of the current fiscal year as compared to ₹5.4 crore for the same quarter of the previous fiscal year, marking a multifold jump.

Its revenue from operations surged 58% to stand at ₹3,754 crore year-on-year (YoY) for the quarter under review as compared to ₹2,377 crore in Q1 FY25.

Paradeep’s operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), witnessed a growth of 217% at ₹466 crore as against ₹147 crore YoY.

In Q1, the firm’s margin also advanced by 12.4%, in contrast to 6% reported in the same quarter last fiscal year.

Over the last five trading days, Paradeep Phosphates shares soared over 18%, while for a month’s period, the stock gained 42%.

Since January 29, 2025, which is six months, shares of the firm have climbed 98%. Year-to-date, it has jumped 96%.

The company’s market capitalisation stands at ₹18,467.8 crore.

Paradeep Phosphates Ltd (PPL) is a leading company in India’s phosphatic fertiliser industry, with a total production capacity of 3 million metric tonnes (MT), including 2.6 million MT of phosphates and 0.4 million MT of urea. Its two manufacturing units in Paradeep, Odisha (1.8 million MT), and Zuarinagar, Goa (1.2 million MT), produce a wide range of fertilisers.

Since 2022, PPL has increased its production capacity from 1.2 million MT to 3 million MT, driven by organic growth at the Paradeep plant and the acquisition of the Goa unit in June 2022. 

Founded in 1981 as a joint venture between the Government of India (GoI) and the Republic of Nauru, PPL became a public sector entity in 1993.