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Pradeep Phosphates is the third-largest private sector manufacturer of non-urea fertilizers in India and the second largest in terms of Di-Ammonium Phosphate (“DAP”) volume sales as of March 2021. The firm is primarily engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (“NPK”) (namely NPK-10, NPK-12, and NP-20), Zypmite, Phosphogypsum and Hydroflorosilicic Acid (“HFSA”).
The firm’s fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’.The firm is part of the Adventz Group, as well as OCP.
The firm’s manufacturing facility is located in Paradeep, Odisha, and includes a DAP and NPK production facility, a Sulphuric acid production plant, and a Phosphoric acid production plant.
The firm has received several leading awards and recognitions such as the 19th Greentech Safety Award 2020 for outstanding achievement in the category of industry sector safety excellence, etc.
|Entity Name||By the Company||Against the Company||By the Director||Against the Director||By the Promoter||Against the Promoter|
|Material civil cases||6||-||-||-||-||-|
|Income Statement(in Milllions)||FY21||FY20||FY19|
|Gross Operating Income||51,839.41||42,277.76||43,972.13|
|Cost of Employee & Inventory||1,391.90||1,319.28||1,305.78|
|Profit Before Tax||3,665.03||2,295.62||2,513.97|
|Profit After Tax||2,232.68||1,932.20||1,589.63|
Zuari Maroc Phosphates Private Limited
• Coromandel International Ltd • Chambal Fertilizers Chemicals Ltd • Deepak Fertilizers and Petrochemicals Ltd
The proceeds from the sale of shares by shareholders worth Rs 497.73 crores will not go to the company.
The proceeds from the sale of fresh equity shares worth Rs 1004 crores will be utilized for the following: • Part-financing the acquisition of the Goa Facility. • Repayment/prepayment of certain of our borrowings. • General corporate purposes.