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PPL at a Glance

Founded in 1981 under the Companies Act, 1956, Paradeep Phosphates Limited (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). The company has a proven track record of achieving robust financial results.

Having an annual turnover of about Rs. 5,000 crores, the company manufactures, trades distributes, and sells various types of complex fertilisers. This includes DAP, a total of three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA). Additionally, the company engages in the trading, distribution, and sales of Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost.

OUR GROWTH IN NUMBERS

  • 5,000

    Rupees crores

    Annual
    turnover

  • 1.40

    Million MT

    Annual capacity of fertiliser

  • 1,000

    Employees

  • 5

    Million

    Farmers outreach

 

We market our fertilisers under the brand names 'Jai Kisaan - Navratna' and 'Navratna'.

The primary promoters of the company, Zuari Maroc Phosphates Private Limited (ZMPPL), a joint venture of Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. holds 80.45% of the equity share capital of the Company, with the remaining shares held by the Government of India. The OCP group, founded in 1920, is one of the world's major producers of phosphate rock, measuring approximately 70% of global reserves, and currently has revenues exceeding US$6.3 billion. OCP is 95%-owned by the Moroccan government. ZACL, a leading company in the agribusiness vertical of the Adventz Group, holds 40.23% of the equity shares in Paradeep Phosphates Limited. As a company, ZACL is engaged in the production, distribution, and sale of a wide range of fertilisers such as DAP, Urea, and several grades of NPK. As of March 31, 2021, ZACL had a total annual capacity of 1.2 million metric tons of fertiliser.

The raw materials used by PPL come from various 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. In the process of processing phosphate rock, phosphorus is produced, which is one of three main nutrients commonly used in fertilizer (the other two are nitrogen and potassium). It is estimated that India has negligible reserves of phosphorus and is therefore dependent on foreign importation of phosphate rock (a raw material source) or phosphoric acid (an intermediate raw material) or DAP (a finished phosphatic fertiliser).

The integrated business model of the company has contributed to its success and has set it apart from its competitors. With our integrated business model, we are able to drive profitability, optimize capital efficiency, and maintain our competitive advantage.