Paradeep Phosphates Ltd (NSE: PARADEEP) has become one of the standout performers of 2025, thanks to its strong turnaround and impressive earnings growth. As one of India’s largest non-urea fertilizer manufacturers, the company’s stock has surged from a 52-week low of ₹78.81 to around ₹180–₹195 in October 2025 — delivering nearly 90% gains within a year.
Backed by solid revenue growth, the recent NCLT-approved merger with Mangalore Chemicals & Fertilizers, and the addition of new production capacity, Paradeep Phosphates is quickly gaining the attention of long-term investors. With India’s focus on agriculture growth and food security, the company is well-positioned to benefit from the sector’s rising demand.
In this article, we’ll analyze Paradeep Phosphates’ fundamentals, growth outlook, and share price targets from 2025 to 2050 — along with the key factors that could shape its long-term performance and investment potential.
About the Company
Established in 1981 and headquartered in Bhubaneswar, Odisha, Paradeep Phosphates Ltd (PPL) is India’s second-largest private-sector phosphatic fertilizer producer. It manufactures Di-Ammonium Phosphate (DAP), NPK complexes, Zypmite, and industrial chemicals like sulphuric acid and phosphoric acid.
Operating across 15 Indian states, PPL reaches over 8 million farmers under brands such as Jai Kisaan and Navratna.
The recent amalgamation with Mangalore Chemicals & Fertilizers (MCF) enhances backward integration and improves its overall market share in South India.
Fundamental Analysis
Revenue & Profit Trends
FY25 marked a breakout year for Paradeep Phosphates:
- Revenue from Operations: ₹15,197 Cr (+55–58% YoY)
- Net Profit: ₹802 Cr (vs ₹17 Cr last year; +4655% YoY)
- EBITDA: ~₹892 Cr (improved margin from cost optimization)
- EPS: ₹9.84
- Dividend: ₹1 per share (yield ~0.77%)
Q1 FY26 continued this strong trend, with net profit surging to ₹256 Cr (+4655% YoY).
Valuation Metrics (FY25)
| Metric | Value | Notes |
|---|---|---|
| P/E Ratio | 16.26 | Below sector average (23.12) – undervalued |
| ROE | 13.53% | Improving steadily |
| EPS | ₹9.84 | Strong earnings visibility |
| PEG Ratio | Low | Growth-adjusted undervaluation |
| Debt-to-Equity | 1.3x | Comfortable; improving with internal cash flow |
Balance Sheet Strength
| Parameter | FY25 Estimate | Insights |
|---|---|---|
| Total Assets | ₹22,000 Cr | Expanded capacity, improved working capital |
| Shareholders’ Equity | ₹4,090 Cr | 3.59x book value |
| Total Debt | Moderate | Interest coverage strong |
| Cash & Equivalents | High liquidity | Supports dividends & expansion |
Shareholding Pattern (as of Oct 2025)
- Promoters: 56.05%
- Mutual Funds: 18.11%
- FIIs: 13.97%
- Public & Others: 11.87%
A strong institutional presence indicates growing confidence in long-term growth.
Past Stock Performance
Over the last 12 months, Paradeep Phosphates’ share price surged nearly 95%, supported by improved profitability and investor optimism following the MCF merger.
The stock hit a 52-week high of ₹234.39, showing potential for further upside if FY26 results maintain momentum.
Historically, PPL has rewarded patient investors with consistent returns since its IPO in May 2022.
Paradeep Phosphates Share Price Target 2025–2050
| Year | Minimum (₹) | Average (₹) | Maximum (₹) |
|---|---|---|---|
| 2025 | 170 | 200 | 230 |
| 2026 | 200 | 245 | 280 |
| 2027 | 235 | 295 | 340 |
| 2028 | 270 | 345 | 400 |
| 2029 | 310 | 390 | 460 |
| 2030 | 350 | 440 | 520 |
| 2035 | 620 | 820 | 1,050 |
| 2040 | 950 | 1,350 | 1,750 |
| 2045 | 1,400 | 1,950 | 2,500 |
| 2050 | 1,950 | 2,650 | 3,300 |
Paradeep Phosphates Share Price Target & Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045, and 2050
Paradeep Phosphates Share Price Target 2025
After a solid FY25 and record Q1 FY26 results, the stock may stay bullish due to fertilizer demand, efficient capacity utilization, and policy stability. Target range: ₹170–₹230.
Paradeep Phosphates Share Price Target 2026
Integration with MCF begins to show full benefits, improving cost efficiency and exports. Market sentiment could lift the stock to ₹245–₹280.
Paradeep Phosphates Share Price Target 2027
With backward integration in phosphoric acid and stable raw material sourcing, Paradeep’s margins expand further. Price target: ₹295–₹340.
Paradeep Phosphates Share Price Target 2028
Government focus on “Atmanirbhar Fertilizer Mission” and digital agri platforms enhance market penetration. Stock likely between ₹345–₹400.
Paradeep Phosphates Share Price Target 2029
Consistent profit growth, lower leverage, and improved dividend payout attract institutional inflows. Target: ₹390–₹460.
Paradeep Phosphates Share Price Target 2030
Assuming a 20% CAGR in revenue and margin expansion, Paradeep Phosphates may trade around ₹440–₹520, reflecting strong export and domestic sales growth.
Paradeep Phosphates Share Price Target 2035
Long-term compounding at 18–20% could push prices to ₹820–₹1,050, supported by technology adoption and pan-India fertilizer distribution efficiency.
Paradeep Phosphates Share Price Target 2040
Increased global fertilizer exports and renewable ammonia integration could drive valuations up to ₹1,350–₹1,750.
Paradeep Phosphates Share Price Target 2045
Sustained profitability, expanded agri-chemical product lines, and strong market dominance may lift shares to ₹1,950–₹2,500.
Paradeep Phosphates Share Price Target 2050
If Paradeep maintains its growth momentum, diversification, and policy alignment, the stock could reach ₹2,650–₹3,300, making it a potential multibagger.
Growth Drivers
- MCF Amalgamation: Creates scale efficiency and product diversification.
- Backward Integration: Reduces dependency on imported raw materials.
- Government Support: Consistent subsidies and rural infrastructure spending.
- Operational Expansion: New 1,500 MTPD sulphuric acid plant enhances production capacity.
- Rising Agri Demand: Population growth and food security initiatives.
- Strong Financials: Improving ROE and debt metrics attract long-term investors.
Expert Views
- Analyst Consensus: Neutral to bullish; 12-month average target around ₹197–₹250.
- Brokerage Outlook: Suggests undervaluation at 16x P/E compared to sector average (23x).
- Investor Sentiment: Improving steadily after merger news and strong FY25/Q1 FY26 performance.
Risks & Challenges
- Volatility in raw material imports (rock phosphate, ammonia).
- Dependence on government subsidy disbursal timelines.
- Policy shifts affecting fertilizer pricing or environmental norms.
- Global commodity price fluctuations impacting margins.
- Competition from peers like Coromandel International and Chambal Fertilizers.
Investment Suitability
Paradeep Phosphates suits:
- Long-term investors seeking exposure to India’s agri and fertilizer sector.
- Moderate-risk investors looking for compounding potential with dividend yield.
- Growth investors targeting 15–20% CAGR over the next decade.
Short-term traders may also benefit from the ongoing bullish momentum near ₹200–₹230 levels.
FAQs
1. What will be Paradeep Phosphates’ share price in 2030?
By 2030, Paradeep Phosphates’ share price is expected to range between ₹350 and ₹520, depending on growth momentum and fertilizer demand.
2. Can Paradeep Phosphates reach ₹500 by 2028?
Yes, under an aggressive growth scenario with strong fertilizer demand and merger synergies, it could potentially cross ₹500 by FY2028–29.
3. Is Paradeep Phosphates good for long-term investment?
Yes, with consistent earnings growth, improved efficiency, and government support, Paradeep Phosphates remains a solid long-term compounder in India’s agri sector.
Conclusion
Paradeep Phosphates has evolved from a stable fertilizer company to a high-growth player, backed by capacity expansion, merger synergies, and rising agri demand.
While short-term volatility may persist, the long-term fundamentals remain strong — positioning PPL as one of India’s most promising fertilizer stocks for the next two decades.
