Indian Phosphate Limited has commenced operations at its newly established Labsa manufacturing plant in Cuddalore, Tamil Nadu, significantly enhancing its production capacity and geographical presence. The new facility, funded through IPO proceeds, supports the company's expansion strategy and addresses the growing demand for its products.

The project was financed using capital raised during the company's initial public offering, as previously disclosed in the offer document. This strategic investment is expected to bolster the company's manufacturing capabilities and market reach.

Key Details of the New Facility

The commencement of operations at this plant marks a significant milestone in Indian Phosphate 's growth trajectory. The company had previously informed the exchanges about the utilization of IPO funds for this expansion project.

Ravindra Singh, Managing Director of Indian Phosphate Limited, confirmed the development in a regulatory filing submitted on June 29, 2026. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Indian Phosphate Limited reported a 24.4% year-on-year increase in total revenue to ₹98,911.41 lakh for FY26, up from ₹79,513.30 lakh in FY25. The company achieved its highest standalone profit after tax (PAT) of ₹21.35 crore in its history, attributed to operational excellence, efficient capacity utilization, and disciplined cost management. The strong performance was driven by both the fertilizers and chemicals segments, with the chemicals segment contributing the majority of the revenue.

The chemicals segment revenue grew to ₹86,926.51 lakh in FY26 from ₹70,537.61 lakh in the previous year. The fertilizers segment also saw significant growth, with revenue rising to ₹11,684.90 lakh compared to ₹8,975.69 lakh in FY25. Management highlighted that margin expansion was achieved despite a dynamic industry environment and expressed confidence in sustaining growth momentum due to favorable industry fundamentals and continued investment in growth initiatives.

Segment Wise Revenue Bifurcation

The company's integrated manufacturing infrastructure includes a Single Super Phosphate (SSP) powder capacity of 400 MT/day and SSP granulation capacity of 400 MT/day. Its flagship chemical product, Linear Alkyl Benzene Sulphonic Acid (LABSA) 90%, serves as a key raw material for detergents and industrial cleaners. The company has also implemented backward integration with a sulphuric acid plant to enhance raw material security and reduce operating costs.

Indian Phosphate Limited markets its fertilizer products under the well-established Ankur SSP brand and maintains a distribution network across 14+ states. The company's stock price stood at ₹56.55 as on June 18, 2026, with a market capitalization of ₹139.94 crore. The management, led by Chairman & Managing Director Mr. Ravindra Singh, remains focused on strengthening market presence and creating sustainable value for stakeholders.