About
Indian Potash Limited, incorporated on June 17, 1995, is a Chennai-based company engaged in the import, distribution, and marketing of potash and other fertilizers across India. The company plays a vital role in ensuring fertilizer availability to farmers through an extensive nationwide dealer network and strong port-based logistics infrastructure. Over the years, Indian Potash Limited has diversified into related agri-value segments including dairy and milk products, cattle feed, sugar, and trading of commodities and precious metals. With a focus on rural development and agricultural productivity, the company continues to support Indias farming ecosystem by providing high-quality fertilizers and contributing to the countrys food security and agrarian growth.
Read moreFundamental
Indian Potash Limited
Indian Potash
INE863S01015
28,597,200
AAACI0888H
₹10.00
₹439.84
7.16
0.42
₹9,008.12 Crore
₹3,327.67
0.95
₹ 3,500.00 (12/06/25)
₹ 3,040.00 (24/05/25)
₹ 3,500.00 (12/06/25)
₹ 1,000.00 (11/09/21)
No
NSDL and CDSL
No
Fertilisers
U14219TN1955PLC000961
17/06/1995
Balance Sheet (RS in Crore)
| Particulars | 2024 | 2023 |
|---|---|---|
| Non-Current Assets | ||
| Property, Plant And Equipment | 1,212.15 | 1,220.39 |
| Capital Work-In-Progress | 217.04 | 24.46 |
| Right-Of-Use Assets | 108.95 | 112.6 |
| Investment Property | 14.44 | - |
| Goodwill On Consolidation | - | 4.1 |
| Other Intangible Assets | 0.68 | 0.86 |
| Investments Accounted For Using Equity Method | 5,115.25 | 4,428.88 |
| Investments | 654.03 | 408.14 |
| Other Financial Assets | 30.31 | 20.19 |
| Other Non-Current Assets | 24.37 | 60.02 |
| Current Assets | ||
| Inventories | 3,791.79 | 4,012.84 |
| Investments | - | 69.09 |
| Trade Receivables | 3,669.76 | 5,454.36 |
| Cash And Cash Equivalents | 610.41 | 1,213.31 |
| Bank Balances Other Than Cash And Cash Equivalents | 3.24 | 187.4 |
| Loans | 4.26 | 0.02 |
| Other Financial Assets | 115.24 | 114.23 |
| Other Current Assets | 2,049.48 | 1,706.36 |
| Total Assets | 17,621.40 | 19,037.25 |
| Equity | ||
| Equity Share Capital | 28.6 | 28.6 |
| Other Equity | 9,487.61 | 8,211.16 |
| Non-Current Liabilities | ||
| Borrowings | 124.99 | 124.61 |
| Lease Liabilities | 10.14 | 14.8 |
| Other Financial Liabilities | 86.25 | 70.89 |
| Deferred Tax Liabilities (Net) | 986.12 | 810.5 |
| Provisions | 1.68 | 1.4 |
| Current Liabilities | ||
| Borrowings | 4,449.69 | 3,839.17 |
| Lease Liabilities | 4.78 | 5.5 |
| Trade Payables | ||
| Total Outstanding Dues Of Micro And Small Enterprises | 4.83 | 0.03 |
| Total Outstanding Dues Of Creditors Other Than Micro And Small Enterprises | 2,082.88 | 5,344.98 |
| Other Financial Liabilities | 235.16 | 294.27 |
| Provisions | 23.13 | 87.26 |
| Current Tax Liabilities (Net) | 41.77 | 109.66 |
| Other Current Liabilities | 53.77 | 94.42 |
| Total Equity And Liabilities | 17,621.40 | 19,037.25 |
Profit & Loss Statement (RS in Crore)
| Particulars | 2025 | 2024 |
|---|---|---|
| Income | ||
| Revenue from operations | 20688.91 | 20446.43 |
| Other income | 223.07 | 297.91 |
| Total income | 20911.98 | 21244.34 |
| Expenses | ||
| Cost of materials consumed | 1414.24 | 1228.22 |
| Purchases of stock-in-trade | 16855.11 | 16582.31 |
| Changes in inventories of work-in-progress, stock-in-trade and finished goods | 17.55 | -33.18 |
| Employee benefits expense | 1315.03 | 1299.77 |
| Finance costs | 499.42 | 383.76 |
| Depreciation and amortisation expense | 68.37 | 60.71 |
| Other expenses | 2056.71 | 2374.57 |
| Total expenses | 20174.32 | 20990.58 |
| Profit before tax | ||
| Profit before share of profit of associate and tax | 737.66 | 253.76 |
| Share of profit before tax of Associate & Jointly Controlled Entity | 1948.97 | 1959.42 |
| Profit before tax | 2686.63 | 2113.18 |
| Income tax expense - Current tax | 420.44 | 253 |
| Income tax expense - Share of Current tax of Associate & Jointly Controlled Entity | 469.17 | 530.47 |
| Income tax expense - Deferred tax charge | 135.67 | 171.88 |
| Total tax expense | 1025.28 | 955.35 |
| Profit for the year | 1661.35 | 1257.83 |
| Other comprehensive income - | ||
| Debt instruments through OCI | -0.2 | -3.32 |
| Exchange difference on translation on foreign operations | 205.01 | 36.94 |
| Income tax relating to items that may be reclassified to P&L | -50.83 | -5.87 |
| Gain/(loss) on equity instruments at fair value through OCI | 17.52 | 13.91 |
| Remeasurements of post-employment benefit obligations | 4.49 | -5.61 |
| Share of other comprehensive income of associate accounted using equity method | -1.76 | -0.46 |
| Income tax relating to items that will not be reclassified to profit or loss | -0.02 | 2.13 |
| Total other comprehensive income, net of tax | 161.2 | 38.64 |
| Total comprehensive income for the year, net of tax | 1822.55 | 1296.47 |
| Earnings per equity share of Rs.10 each (Basic) | 580.95 | 439.84 |
| Earnings per equity share of Rs.10 each (Diluted) | 580.95 | 439.84 |
Cash Flow Statement (RS in Crore)
| Particulars | 2024 | 2023 |
|---|---|---|
| Cash flow from Operating Activities | ||
| Profit before tax | 2,213.18 | 2,707.64 |
| Depreciation and amortisation expense | 60.71 | 47.69 |
| Finance costs | 383.76 | 695.81 |
| Unrealised Exchange difference on translation of assets & liabilities | 22.13 | 2.1 |
| Impairment of Goodwill | 4.1 | - |
| Provision for doubtful trade and other receivables, loans and advances | 43.82 | -63.2 |
| Share of net profits of investments by equity method | -1,959.42 | -2,179.97 |
| Dividend income | -0.36 | -0.08 |
| Interest Income on financial assets | -58.58 | -71.8 |
| Profit on sale of investments, net | -84.76 | -103.06 |
| Loss on sale of fixed assets, net | 0.21 | 3.93 |
| Operating Profit before Working capital changes | 624.79 | 1,039.06 |
| Change in operating assets and liabilities | ||
| Decrease/(Increase) in trade receivables | 1,734.47 | -3,489.19 |
| Increase in loans | -4.24 | -0.01 |
| Increase in other financial assets | -11.12 | -93.16 |
| Decrease in other non-current assets | 35.65 | - |
| Increase in other current assets | -343.12 | -868.92 |
| Decrease in inventories | 221.05 | 2,054.15 |
| Decrease in trade payables | -3,257.30 | -3,265.62 |
| Decrease in other financial liabilities | -43.75 | -114.23 |
| (Decrease)/Increase in Provisions | -69.46 | 10.87 |
| Decrease in other current liabilities | -40.65 | -157.27 |
| Cash used in Operations | -1,153.68 | -4,884.32 |
| Less: Income taxes paid | -320.88 | -230.34 |
| Net cash outflow from Operating activities | -1,474.56 | -5,114.66 |
| Cash flow from Investing activities | ||
| Purchase of Property, plant & equipment, intangibles | -256.19 | -243.72 |
| Proceeds from sale of property, plant & equipment | 0.31 | 2.19 |
| Purchase of non-current investments | -241.3 | - |
| Proceeds from sale of current investments | 32,519.42 | - |
| Purchase of current investments | -32,373.25 | 3,385.99 |
| Net increase/(decrease) in bank deposits | 184.16 | -4.45 |
| Dividend received from associate company | 785.87 | 494.9 |
| Interest received on financial assets | 62.16 | 75.1 |
| Net cash flow from Investing activities | 681.18 | 3,710.01 |
| Cash flow from Financing activities | ||
| Proceeds from long term borrowings | 0.38 | 76.77 |
| (Repayment of)/Proceeds from short term borrowings & bills payable to banks | 601.06 | -1,669.28 |
| Principal paid on lease payments | -5.38 | -4.84 |
| Dividend paid on shares | -20.02 | -17.16 |
| Finance costs paid | -383.76 | -695.69 |
| Net cash flow from ((used in)) Financing activities | 192.28 | -2,310.20 |
| Net decrease in cash and cash equivalents | -601.1 | -3,714.85 |
| Cash and cash equivalents at beginning of year | 1,213.31 | 4,927.25 |
| Effects of exchange rate changes on cash and cash equivalents | -1.8 | 0.91 |
| Cash and cash equivalents at the end of year | 610.41 | 1,213.31 |
| Reconciliation (as per statement of cash flows): | ||
| Cash and cash equivalents | 610.41 | 1,213.31 |
| Balances as per statement of cash flows | 610.41 | 1,213.31 |
Financial Ratios
| Particulars | 2024 | 2023 |
|---|---|---|
| Current Ratio (in times) | 1.49 | 1.31 |
| Return on Equity Ratio (in %) | 13.40% | 14.91% |
| Debt-Equity Ratio (%) | 74.22% | 73.19% |
| Debt Service Coverage Ratio (times) | -94.06 | -12.48 |
| Inventory Turnover Ratio (times) | 4.62 | 5.91 |
| Trade Receivables Turnover Ratio (in times) | 4.59 | 9.06 |
| Trade Payables Turnover Ratio (in times) | 4.8 | 3.97 |
| Net Capital Turnover Ratio (in times) | 6.25 | 11.16 |
| Net Profit Ratio (%) | 3.71% | 2.26% |
| Return on Capital Employed Ratio (in %) | 13.39% | 18.61% |
| Return on Investments (in %) | 76.50% | 24.26% |
| Price per Unit | ₹ 3150 |
|---|---|
| No. of Unit to Buy | |
| Total Investment | ₹ 0 |
| No. of Unit to Sell | |
|---|---|
| Price per Unit to Sell |
Annual Report
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Shareholding Pattern
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Deal Completion
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