PPL at a Glance

Set up in 1981, under the Companies Act, 1956, Paradeep Phosphates Limited (PPL) today is the third largest private sector manufacturer of non-urea fertiliser in India and second largest in terms of Di-Ammonium Phosphate (“DAP”). PPL has established a track record of delivering robust financial performance.

With an annual turnover of about Rs. 5,000 crores, the company is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertiliser 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 company is also engaged in the trading, distribution and sales of Muriate of Potash (“MOP”), Ammonia, Speciality Plant Nutrients (“SPN”) and City compost. Our fertiliser are marketed under key brand names ‘Jai Kisaan – Navratna’ and ‘Navratna’.


  • 5,000

    Rupees crores


  • 1.40

    Million MT

    Annual capacity of fertiliser

  • 1,000


  • 5


    Farmers outreach


Among the largest promoters of the company, Zuari Maroc Phosphates Private Limited (“ZMPPL”), a joint venture of Zuari Agro Chemicals Limited (“ZACL”) and OCP Group S.A. (“OCP”), holds 80.45% of the equity share capital of the Company, with the balance being held by the Government of India. OCP, founded in 1920, with revenues of over US$6.3 billion in 2020, is one of the leading producers of Phosphate rock globally and operates largely in the Morocco and Western Sahara region which has approximately 70% of the global Phosphate rock reserves, and is owned 95% by the Moroccan government. ZACL, a flagship company of Adventz Group, leading the agribusiness vertical of the Group, holds 40.23% of equity shares of Paradeep Phosphates Limited. ZACL is engaged in manufacturing, distribution and sales of various fertiliser such as DAP, Urea (JK Urea) and several grades of NPK. As of March 31, 2021, the total annual capacity of fertiliser at ZACL was 1.2 million MT.

PPL sources the raw materials locally as well as from various other countries such as Morocco, Jordan, Qatar and Saudi Arabia. For several of our raw materials, such as Phosphate Rock, Ammonia and Sulphur, we benefit from long-term supply agreements. Phosphate rock is processed to produce phosphorous, which is one of the three main nutrients most commonly used in fertiliser (the other two are nitrogen and potassium). India has negligible Phosphate reserves and is dependent on imports of Phosphate rock (a source raw material) or Phosphoric Acid (an intermediate raw material) or DAP (finished phosphatic fertiliser).

Company’s integrated business model has been critical its success and a differentiating factor from competitors. Our integrated business model provides us with the ability to drive profitability, optimize capital efficiency and maintain our competitive advantage.