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← CockpitCompetitor Analysis › PARADEEP.NS Paradeep PhosphatesOpen in the cockpit ↗

Paradeep PhosphatesPARADEEP.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Chemicals: Agricultural

Indian phosphatic fertilizer maker (DAP, NPK) based in Odisha, part of the Adventz/Zuari Group.

Momentum neutral 59
Mkt cap
$1.57B
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$4.90M
20-day average traded
Fwd P/E
17.6×
forward earnings
ROIC−WACC
-4.3 pp
WACC 11.5%
Hurdle
n/a
no reverse DCF
Next earnings
94 days
8 Feb 2027
Close · INR₹142.32
1D+2.5%
1W+10.2%
1M-8.4%
3M-3.9%
6M+11.7%
YTD-13.6%
1Y-17.1%
ATR %4.5%
Beta0.99
52w lowhigh21.3% off high

What Paradeep Phosphates does

Indian phosphatic fertilizer maker (DAP, NPK) based in Odisha, part of the Adventz/Zuari Group.

The government sets a nutrient subsidy that is paid to makers, so earnings depend as much on subsidy rates as on market prices, and imported rock and phosphoric acid tie input costs to global prices. A venture of Zuari and Morocco's OCP controls it.

Products and services

  • DAP (di-ammonium phosphate)
  • NPK complex fertilizers
  • Specialty/water-soluble fertilizers

Customers

  • Indian farmers (via agri-input distributors)

Where it sits in the supply chain

  • Fertilizers
  • Phosphatic fertilizer manufacturing…
  • Imported raw-material processing…

What could go right

  • Government fertilizer subsidy/demand support
  • Capacity expansion

What could go wrong

  • Imported phosphoric acid/rock price volatility
  • Government subsidy/pricing policy risk

Moat: narrow (scale, regulatory licence). Large-scale phosphatic fertilizer plant and government subsidy support, but raw materials are import-dependent and pricing subsidy-driven.

Headquarters: Bhubaneswar, India · Founded: 1981 · Employees: 7,108

Named competitors

Paradeep Phosphates at a glance

Size Paradeep Phosphates (PARADEEP.NS) is an India Materials company (Chemicals: Agricultural) with a market value of $1.57B, the 450th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹142.32 on 6 Nov 2026.

Performance Over six months the shares gained 11.7%, against -25.7% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 31.4% over the last twelve months (peer median +5.5%); the operating margin is 6.7% (peer median 7.7%).

Valuation It trades at 17.6× forward earnings against a peer median of 15.5× (9th most expensive of 19).

Capital Return on invested capital runs 4.3 points below its cost of capital (11.5% WACC).

Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026PARADEEP.NS 114Peer median 74
Six months, rebased to 100: Paradeep Phosphates against the median of its 20 peers (local-currency closes).

Paradeep Phosphates financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹239B₹102B₹81.4B₹56.6B₹133B
Revenue growth—+25%+44%-58%—
Gross profit₹49.1B-₹84.1B-₹62.9B-₹46.5B₹14.1B
EBITDA₹20.5B-₹93.5B-₹71.8B-₹52.1B₹9.14B
Net income₹8.51B₹9.96B₹6.62B₹999M₹3.04B
Free cash flown/a-₹22.0B₹8.58B₹6.99B-₹30.2B
Capital expendituren/a₹8.68B₹4.58B₹4.12B₹4.36B
Total debt₹98.8B₹69.1B₹51.0B₹40.1B₹46.5B

Quarterly statements and history in the cockpit →

Paradeep Phosphates competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%-10%0%+10%BAYERCROPDEEPAKFERT0004221866ATULTATACHEM002170SUMICHEM0022176005960020040022586032990025880023120022151722002539PARADEEP.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Paradeep Phosphates is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%25×50×75×BAYERCROPDEEPAKFERT0004221866ATULTATACHEM002170SUMICHEM600596002258002588002312002215301665PARADEEP.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Paradeep Phosphates is the large dot.

Paradeep Phosphates competitors and peer comparison

Head to head with its named competitors (PARADEEP.NS vs COROMANDEL.NS vs CHAMBLFERT.NS vs RCF.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Paradeep Phosphates PARADEEP.NS$1.57B+12%+31%7%17.6×n/a
Coromandel International COROMANDEL.NS$5.69B-7%+24%8%27.3×n/a
Chambal Fertilisers & Chemicals CHAMBLFERT.NS$1.63B-15%+6%12%7.2×n/a
Rashtriya Chemicals & Fertilizers RCF.NS$590M-23%+18%4%n/an/a

How Paradeep Phosphates compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Paradeep Phosphates against its 20 peers (data as of 6 Nov 2026)
MeasurePARADEEP.NSPeer medianRank in peer set
1-month return-8.4%-8.0%10th lowest of 21
6-month return+11.7%-25.7%2nd highest of 21
Distance from 52-week high-21.3%-34.7%2nd highest of 21
Revenue growth (TTM)+31.4%+5.5%highest of 21
Operating margin6.7%7.7%10th lowest of 21
Forward P/E17.6×15.5×9th most expensive of 19
ROIC minus cost of capital-4.3 pp+0.9 pp5th lowest of 21
EV / EBITDA11.8×8.8×3rd most expensive of 8
Net debt / EBITDA4.6×0.1×most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Paradeep Phosphates PARADEEP.NSIndia$1.57B+12%+31%7%17.6×n/an/a
Bayer Cropscience India BAYERCROP.NSIndia$1.58B-28%-5%15%19.5×16.1%+5.9%
Deepak Fertilisers and Petrochemicals DEEPAKFERT.NSIndia$1.54B-14%+14%13%10.1×n/an/a
Hubei Yihua Chemical Industry 000422.SZChina$1.60B-42%+15%5%15.2×n/an/a
China XLX Fertiliser 1866.HKHong Kong$1.51B-27%+24%8%6.7×n/an/a
Atul ATUL.NSIndia$1.63B-26%+18%12%19.7×18.2%+11.0%
Tata Chemicals TATACHEM.NSIndia$1.64B-25%+2%3%85.9×n/an/a
Shenzhen Batian Ecological Technique 002170.SZChina$1.44B-29%+3%23%7.1×-8.1%+18.8%
Sumitomo Chemical India SUMICHEM.NSIndia$1.74B-34%-3%18%28.1×23.4%+4.1%
Holitech Technology 002217.SZChina$1.41B-58%+17%2%n/a45.7%-37.1%
Zhejiang Xinan Chemical Industrial 600596.SSChina$1.75B-31%+5%2%22.9×12.4%+3.1%
Huapont Life Sciences 002004.SZChina$1.39B-5%-6%11%n/a-8.7%+1.1%
Lier Chemical 002258.SZChina$1.85B+20%+6%8%21.0×n/an/a
Jiang Su Suyan Jingshen 603299.SSChina$1.28B-18%-5%5%25.9×n/an/a
Stanley Agricultural 002588.SZChina$1.27B-33%+3%8%8.8×n/an/a
Sichuan Development Lomon 002312.SZChina$1.93B-36%+5%6%35.0×8.2%+14.0%
Shenzhen Noposion Crop Science 002215.SZChina$1.25B-23%+12%13%9.3×-3.9%+6.9%
E.I.D.-Parry (India) EIDPARRY.NSIndia$1.21B-24%+16%7%11.4×n/an/a
Taiwan Fertilizer 1722.TWTaiwan$1.18B-15%+4%-16%13.7×0.0%+3.5%
Chengdu Wintrue 002539.SZChina$2.09B-24%+6%6%11.7×n/an/a
CAC Nantong Chemical 301665.SZChina$1.17B-26%+27%13%15.8×-1.7%+11.9%

Questions

Who are Paradeep Phosphates's main competitors?
Named competitors: Coromandel International (COROMANDEL.NS), Chambal Fertilisers & Chemicals (CHAMBLFERT.NS), Rashtriya Chemicals & Fertilizers (RCF.NS). The cockpit's measured peer set (industry) also includes Bayer Cropscience India (BAYERCROP.NS), Deepak Fertilisers and Petrochemicals (DEEPAKFERT.NS), Hubei Yihua Chemical Industry (000422.SZ), China XLX Fertiliser (1866.HK), Atul (ATUL.NS), Tata Chemicals (TATACHEM.NS).
Is Paradeep Phosphates expensive compared with its peers?
On forward p/e it trades at 17.6× against a peer median of 15.5×, 9th most expensive of 19 in its peer set.
How has Paradeep Phosphates stock performed?
Over six months to 6 Nov 2026 the shares returned +11.7% against -25.7% for the median peer; over one year -17.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.