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Earnings · Fertilizers · Mid cap

Paradeep Phosphates posts ₹6,124 cr revenue in first full post-merger quarter

Q1 results reflect amalgamation of Mangalore Chemicals with pre-merger comparable of ₹3,754 cr. The company is also executing a ₹3,600 cr expansion to hit 5.0 MMTpa by FY29.

2 earlier stories on Paradeep Phosphates Ltd.
Mkt cap₹14,134 cr
P/E14.19×
ROE13.53%
Debt / eq.1.06
Div yld1.10%
₹6,124.25 cr Revenue for Q1 FY27, including MCFL merger

What's new

  • Revenue of ₹6,124.25 cr and PAT of ₹392.60 cr for June 2026 quarter.
  • Figures include full quarter from Mangalore Chemicals & Fertilizers merger; pre-merger revenue would be ~₹3,754 cr.
  • Routine quarterly filing with no unexpected developments or new strategic initiatives.

Why this matters

The quarter sets a new baseline for the combined entity, nearly doubling revenue. But the filing is backward-looking and contains no surprises — the market already knew the merger impact and expansion plan from prior disclosures.

What we're watching

  • Execution progress on the ₹3,600 cr capacity expansion to 5.0 MMTpa.
  • Shift in product mix toward higher-margin NPK and specialty fertilisers.
  • Industrial chemicals foray via the aluminium fluoride plant.

The full read

Paradeep Phosphates' first full quarter after the Mangalore Chemicals merger delivered ₹6,124.25 crore in revenue, nearly double the pre-merger comparable of ₹3,754 crore. Profit after tax of ₹392.60 crore is solid, though the filing is a routine backward-looking disclosure with no surprises. The bigger story remains the ₹3,600 crore expansion plan to lift capacity from 3.7 MMTpa to 5.0 MMTpa by FY29, coupled with a shift toward higher-margin NPK and specialty fertilisers backed by phosphoric acid integration. This quarter confirms the combined entity's scale. What changes from here is execution.

Questions answered

How much did Paradeep Phosphates earn in Q1 FY27?
Revenue was ₹6,124.25 crore and net profit was ₹392.60 crore for the quarter ended 30 June 2026, including the full impact of the MCFL merger.
What is the pre-merger comparable revenue?
Without the Mangalore Chemicals amalgamation, standalone revenue would have been around ₹3,754 crore for the quarter.
What is the company's capacity expansion plan?
Paradeep Phosphates plans to invest ₹3,600 crore to increase capacity from 3.7 MMTpa to 5.0 MMTpa by fiscal 2029.
Is there any new information in this filing?
No. This is a routine quarterly earnings disclosure. The merger and expansion plans were already disclosed in prior communications.
Mentioned: Mangalore Chemicals & Fertilizers · ₹3,600 cr expansion · 5.0 MMTpa capacity
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 28 Jul 2026 · 5:59 PM IST Paradeep Phosphates posts ₹6,124 cr revenue in first full post-merger quarter
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