About Us

Paradeep Phosphates Limited (PPL) is one of India's leading private sector players in phosphatic fertilizers. PPL currently has a total capacity of 3 million MT, of which 2.60 million MT is Phosphates and the balance 0.40 million MT is Urea. PPL can produce a wide mix of phosphatic fertilizers, across six fungible production trains, ranging from DAP, N-10, N-12, N-14, N-19, N-20, N28 and others. The company is also a major supplier of various industrial products like Gypsum, Zypmite, HFSA (Hydrofluorosilicic Acid), Sulphuric Acid, and Ammonia.

The company’s two large manufacturing units are at Paradeep, Odisha (1.8 million MT) and at Zuarinagar, Goa (1.2 million MT).

PPL sources its raw materials globally through long-term contracts and sells the finished fertilizers under the established brand names of “Jai Kisaan” and “Navratna” to over 8 million farmers across 16 states in India.

PPL was incorporated in 1981 as a joint venture between the Government of India (GoI) and the Republic of Nauru (RN) to set up a phosphatic fertilizers manufacturing unit at Paradeep, Odisha. Later in 1993, with the divestment of RN's stake, PPL became a public sector enterprise (PSU). Subsequently, in 2002, GoI decided to divest close to 80% of its stake in favour of Zuari Maroc Phosphates Pvt. Ltd. (ZMPPL), a joint venture between Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. While ZACL is a pre-eminent fertilizer player in India; the OCP Group, based in Morocco, is one of the world's largest phosphatic companies, controlling over 70% of the world's known phosphate reserves, with a revenue of over USD 10 billion in FY 22.

In May 2022, PPL successfully completed its INR 1500 crore initial public offering (IPO), during which GoI divested its entire remaining 19.55% stake. The company also used part of the proceeds to complete the acquisition of the 1.2 million MT fertilizer plant in Goa in June 2022. Post IPO, ZMPPL holds 56.10% in PPL.