Phosphate Co FY26 net profit rises 30.6%, declares dividend
The Phosphate Company Limited reported a 30.6% increase in net profit for FY26 to ₹452.08 crore, with revenue growing to ₹14,563.42 crore. The board approved the results on May 25, 2026, and recommended a final dividend of ₹2 per share, subject to shareholder approval.

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The Phosphate Company Limited reported a 30.6% increase in net profit for the financial year ended March 31, 2026, rising to ₹452.08 crore from ₹346.14 crore in the previous year. The board approved the audited financial results in a meeting concluded on May 25, 2026, and recommended a final dividend of 20%, or ₹2 per share, subject to shareholder approval. Revenue from operations for FY26 grew to ₹14,563.42 crore from ₹12,736.19 crore in FY25, driven primarily by the Fertiliser segment.
For the quarter ended March 31, 2026, net profit stood at ₹199.01 crore, compared to ₹225.71 crore in the same period last year. Revenue for the quarter increased to ₹2,987.01 crore from ₹2,652.91 crore. The company's statutory auditors, M/s S K Agrawal and Co Chartered Accountants LLP, issued an unmodified opinion on the audited financial results. The financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
The company's EBITDA for the full year improved to ₹1,055.58 crore from ₹869.77 crore in the prior year. Total expenses for FY26 were ₹13,601.68 crore, up from ₹11,890.79 crore in FY25. The Fertiliser segment remained the primary revenue driver, contributing ₹14,068.25 crore to the total income, while the Others segment contributed ₹495.17 crore.
| Metric | FY26 (₹ crore) | FY25 (₹ crore) |
|---|---|---|
| Revenue from Operations | 14,563.42 | 12,736.19 |
| Net Profit | 452.08 | 346.14 |
| EBITDA | 1,055.58 | 869.77 |
| Total Expenses | 13,601.68 | 11,890.79 |
Dividend Recommendation
The Board of Directors recommended a dividend of 20%, which translates to ₹2 per fully paid-up Ordinary Share of ₹10 each, for the financial year 2025-26. This payout is subject to the approval of the shareholders. The paid-up equity share capital of the company remained constant at ₹360.75 crore during the period under review.
Historical Stock Returns for Phosphate Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.70% | -6.08% | -5.76% | -3.00% | -12.58% | +147.99% |
What strategies will the company implement to sustain revenue growth given the significant rise in total expenses?
How will the company manage the margin pressure indicated by the decline in Q4 net profit despite higher revenue?
Are there plans to diversify revenue streams beyond the dominant Fertiliser segment to mitigate sector-specific risks?































