Conference Call with Paradeep Phosphates Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Fertilizers company Paradeep Phosphates announced Q3FY25 results Total Income from Operations in Q3FY25 stood at Rs 4,105 crore. Total production volume for Q3FY25 was 675,808 MT, reflecting a 25% YoY increase. Total sales volume in Q3FY25 reached 870,586 MT, up by 47% YoY. EBITDA for Q3FY25 was Rs 371 crore, and PBT stood at Rs 220 crore, compared to Rs 291 crore and Rs 153 crore in Q3FY24, respectively. Net Debt to Equity Ratio has improved further compared to the Q3FY24. Raw material prices in Q3FY25 saw a moderate increase from Q2FY25. The sulphuric acid expansion at the Paradeep site, from 1.39 MMTPA to ~2 MMTPA, is progressing and is expected to be commissioned by Q3FY26. Given the growing need for food security, healthy soil, and balanced fertilization, coupled with favorable government policies, the fertilizer demand in the country is expected to remain strong. S Krishnan, Managing Director, Paradeep Phosphates, said: “We’ve maintained steady performance in production and sales over the past quarters, aided by favorable rainfall, moderate inventory levels, and government support. Our product range has expanded to include over seven grades of NPKs alongside DAP, supported by effective backward integration. We’ve also seen a further improvement in our net debt-to-equity ratio this quarter compared to the previous quarter. Our results are driven by strategic sourcing, backward integration, a soil- and crop-specific product range, and robust sales and distribution networks. Strong relationships with our channel partners and farmers continue to support our growth. The first phase of our energy-saving project at Goa is now concluded, and we expect it to positively impact our bottom line moving forward. Additionally, our sulphuric acid expansion—from 1.39 to 2.00 million MT—is on track, supporting our phosphoric acid expansion plans from the current 5 lakh tons to 7 lakh tons. Given the current raw material dynamics, we remain focused on maintaining the right mix of fertilizers and aim to close the fiscal year on a positive note.” Result PDF