Unlisted Shares
Indian Potash Limited Unlisted Share
Indian Potash Limited
Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About Indian Potash Limited Unlisted Share
Indian Potash Limited (IPL) is one of India’s leading fertilizer and agri-input companies, primarily engaged in importing, manufacturing, and distribution of potash, complex fertilizers, and agri-products. Established in 1955 and promoted by cooperative institutions, IPL plays a critical role in supporting Indian agriculture by ensuring the availability of essential nutrients like potash. The company has diversified into dairy, sugar, and rural retail initiatives, strengthening its integrated rural ecosystem. With strong government linkage, nationwide distribution network, and stable demand from the agriculture sector, IPL maintains a dominant position in India’s fertilizer industry.
Share Details
| company Name | Indian Potash Limited |
| indicative Unlisted Share Price | ₹4063 |
| market Capitalization | ₹7864 Cr |
| lot Size | 25 |
| 52 Week High | ₹3600 |
| 52 Week Low | ₹2750 |
| face Value | ₹10 |
| book Value | ₹3962.49 |
| pe Ratio | 4.73 |
| pb Ratio | 0.69 |
| debt To Equity | 0.46 |
| return On Equity | 14.67% |
| total Outstanding Shares | 2,85,97,200 |
| isin | INE863S01015 |
| depository | NSDL & CDSL |
| pan | AAACI0888H |
| cin | U14219TN1955PLC000961 |
| rta | Cameo Corporate Services |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 18,504 | 33,323 | 20,496 | 20,689 |
| EBITDA | 778 | 1,082 | 401 | 1,082 |
| Operating Profit | 778 | 1,082 | 401 | 1,082 |
| EBIT | 732 | 1,034 | 340 | 1,014 |
| Profit Before Tax | 2,033 | 2,707 | 2,213 | 2,687 |
| Net Profit / Loss | 1,818 | 1,874 | 1,258 | 1,661 |
| EPS | 565.93 | 655.47 | 439.86 | 580.77 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 4.2 | 3.25 | 1.91 | 5.23 |
| Net Profit Margin (%) | 8.74 | 5.62 | 6.01 | 8.03 |
| EPS | 565.93 | 655.47 | 439.86 | 580.77 |
Financial Annual Report Summary
Indian Potash Limited has shown stable revenue with moderate profitability. Revenue has remained in the ₹18,000–33,000 Cr range over FY22–FY25. EBITDA and PAT show fluctuations due to fertilizer pricing, subsidies, and raw material costs. The company benefits from steady agricultural demand and government support, ensuring consistent earnings visibility.
Why Invest in Indian Potash Limited
- Strong government-backed fertilizer business ensures demand stability.
- Revenue volatility driven by subsidy cycles and raw material prices.
- Low valuation multiples indicate potential undervaluation.
- Diversification into dairy and rural sectors adds growth avenues.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 882 | 1,221 | 1,213 | 1,542 |
| CWIP | 157 | 24 | 217 | 83 |
| Investments | 6,185 | 4,906 | 5,784 | 7,764 |
| Trade Receivables | 1,900 | 5,454 | 3,670 | 4,597 |
| Inventory | 6,067 | 4,013 | 3,792 | 4,690 |
| Other Assets | 6,187 | 3,407 | 2,945 | 3,534 |
| Total Assets | 21,378 | 19,065 | 17,621 | 22,110 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 28.59 | 28.59 | 28.6 | 28.6 |
| Reserves | 6,008 | 8,211 | 9,488 | 11,293 |
| Borrowings | 5,564 | 3,964 | 4,575 | 5,264 |
| Trade Payables | 8,626 | 5,384 | 2,087 | 3,747 |
| Other Liabilities | 1,081.41 | 1,497.41 | 1,442.6 | 1,777.4 |
| Total Liabilities | 21,378 | 19,065 | 17,621 | 22,110 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
The company maintains strong reserves and large investment holdings. Working capital is significant due to inventory and receivables, typical for fertilizer distribution businesses.
Liabilities Breakdown
Liabilities are largely driven by trade payables, borrowings, and subsidy-linked working capital. Debt remains moderate relative to total assets.
Additional Insights
Indian Potash Limited has a strong balance sheet supported by reserves and investments. However, high working capital requirements due to subsidy cycles can impact liquidity.
Cash Flow Insights
- Operating cash flow fluctuates due to working capital cycles.
- Investment activity reflects large treasury and capital allocation.
- Financing shows active debt and repayment cycles.
- Cash position varies with subsidy inflows and inventory levels.
Shareholding Pattern
Shareholding pattern data not available
Promoters & Management
Indian Potash Limited is promoted by cooperative institutions and operates under a strong government-linked ecosystem.
Registrar & Transfer Agent (RTA)
Registrar: Cameo Corporate Services
Website: https://cameoindia.com/
Management Analysis
The company benefits from a stable promoter base and strong government linkage. Its focus on fertilizer distribution and diversification into rural sectors supports long-term stability.
Frequently Asked Questions About Indian Potash Limited Unlisted Share
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