PHOSPHATE
The Phosphate Company financials
- Market cap
- ₹53 Cr
Quarterly results
Q1 FY27: revenue up 39.0%, net profit down 41.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39 | 54 | 27 | 14 | 31 −21% | 71 +32% | 30 +13% | 20 +39% |
| EBITDA | -3 | 7 | 4 | 2 | -3 +14% | 8 +4% | 2 −38% | 1 −33% |
| Net profit | -3 | 5 | 2 | 1 | -2 +17% | 4 −10% | 2 −12% | 0 −41% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −13.5% 1Y
1Y: ₹156.1 on 9 Sept 2025 → ₹135. High ₹164.85 (16 Sept 2025), low ₹130.1 (2 Mar 2026).
Financials, as filed
Revenue grew 5.7% a year over 4 years, FY22 to FY26. Operating margin narrowed to 6.6%.
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | ₹117 Cr | ₹147 Cr | ₹115 Cr | ₹127 Cr | ₹146 Cr |
| Operating profit | ₹9 Cr | ₹10 Cr | ₹7 Cr | ₹9 Cr | ₹10 Cr |
| Operating margin | 7.3% | 6.6% | 6.1% | 6.7% | 6.6% |
| Interest | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹3 Cr | ₹5 Cr | ₹2 Cr | ₹3 Cr | ₹5 Cr |
| Net margin | 2.4% | 3.2% | 1.7% | 2.7% | 3.1% |
| Cash from operations | ₹6 Cr | ₹-11 Cr | ₹16 Cr | — | — |
| Free cash flow | ₹6 Cr | ₹-11 Cr | ₹15 Cr | — | — |
| ROCE | 8.0% | 9.0% | 6.0% | — | — |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹67 Cr | ₹69 Cr | ₹72 Cr | ₹75 Cr | ₹79 Cr | ₹81 Cr |
| Borrowings | ₹39 Cr | ₹26 Cr | ₹16 Cr | ₹15 Cr | ₹33 Cr | ₹20 Cr |
| Other liabilities | ₹18 Cr | ₹17 Cr | ₹17 Cr | ₹19 Cr | ₹26 Cr | ₹16 Cr |
| Total liabilities | ₹129 Cr | ₹115 Cr | ₹108 Cr | ₹112 Cr | ₹142 Cr | ₹121 Cr |
| Fixed assets | ₹81 Cr | ₹81 Cr | ₹80 Cr | ₹82 Cr | ₹81 Cr | ₹69 Cr |
| Capital work in progress | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹7 Cr | ₹12 Cr |
| Other assets | ₹46 Cr | ₹32 Cr | ₹25 Cr | ₹28 Cr | ₹54 Cr | ₹39 Cr |
| Total assets | ₹129 Cr | ₹115 Cr | ₹108 Cr | ₹112 Cr | ₹142 Cr | ₹121 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −0.23 pp while the public added +0.23 pp. The shareholder count shrank 3% to 1,906.
- Promoters
- 70.4%
- DIIs
- 7.8%
- Public
- 21.8%
Since Jun 2025
- Promoters −0.23 pp
- Public +0.23 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters went from 68.9% to 70.4% — +1.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 68.9%, DIIs 7.8%, Public 23.3%.Dec '23: Promoters 68.9%, DIIs 7.8%, Public 23.3%.Mar '24: Promoters 68.9%, DIIs 7.8%, Public 23.3%.Jun '24: Promoters 68.9%, DIIs 7.8%, Public 23.3%.Sep '24: Promoters 68.9%, DIIs 7.8%, Public 23.3%.Dec '24: Promoters 69.7%, DIIs 7.8%, Public 22.5%.Mar '25: Promoters 69.7%, DIIs 7.8%, Public 22.5%.Jun '25: Promoters 70.7%, DIIs 7.8%, Public 21.6%.Sep '25: Promoters 70.7%, DIIs 7.8%, Public 21.6%.Dec '25: Promoters 70.4%, DIIs 7.8%, Public 21.8%.Mar '26: Promoters 70.4%, DIIs 7.8%, Public 21.8%.Jun '26: Promoters 70.4%, DIIs 7.8%, Public 21.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Ramesh Kumar Bangur +3.19 pp 3.30% held
- Shripriya Dhelia +0.84 pp 4.44% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of The Phosphate Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Madhav Trading Corporation Limited | 10.39% | unchanged |
| Nikate Khaitan | 7.89% | unchanged |
| Shrivats Khaitan | 6.40% | unchanged |
| Credwyn Holdings India Private Limited | 4.85% | unchanged |
| LICI Asm Non Par Insurer | 4.72% | unchanged |
| Gloster Limited | 4.71% | unchanged |
| Nikate Khaitan (Huf) | 4.57% | unchanged |
| Shripriya Dhelia | 4.44% | +0.84 pp |
| The Oriental Company Limited | 4.11% | unchanged |
| Chintamani Holdings Private Limited | 3.72% | unchanged |
| Ramesh Kumar Bangur | 3.30% | +3.19 pp |
| Raj Packwell Limited | 2.77% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse The Phosphate Company Limited
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