Udaipur (Rajasthan) and Cuddalore (Tamil Nadu) manufacturer of Single Super Phosphate fertilizers under the 'Ankur SSP' brand, plus LABSA surfactant and sulphuric acid for the detergent/FMCG industry.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 25 | 25 | 25 |
| Reserves | 63 | 123 | 150 | 164 |
| Borrowings | 88 | 62 | 73 | 69 |
| Other Liabilities | 86 | 82 | 98 | 60 |
| Total Liabilities | 255 | 293 | 346 | 319 |
| AssetsFixed Assets | 41 | 40 | 75 | 80 |
| CWIP | 6 | 32 | 11 | 7 |
| Investments | 0 | 0 | 5 | 15 |
| Other Assets | 208 | 221 | 255 | 216 |
| Total Assets | 255 | 293 | 346 | 319 |
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ActivitiesCash from Operating | -33 | 11 | 11 |
| Cash from Investing | -34 | -36 | -8 |
| Cash from Financing | 67 | 26 | 0 |
| SummaryCapital Expenditure | — | — | — |
| Free Cash Flow | -61 | -17 | -9 |
| FCF Margin | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
IPHL · CYCLICAL_UNMODELABLE
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