Paradeep Phosphates Ltd

Subject and scope

• FY2025-26 BRSR submitted under SEBI LODR framework.
• MCFL merged with Paradeep Phosphates in FY2025-26; four plants now on 3.9 mt capacity.
• Boundary includes four plants and corporate office; integration aligned ESG governance.
• TUVI provided independent reasonable assurance on BRSR Core (9 attributes) per ISAE 3000.
• S&P CSA 2025 score 76/100; top 2% among chemicals.

ESG metrics and governance

• Scope 1: 7,42,821.81 tCO2e; Scope 2: 72,161.12; total 8,14,982.93 tCO2e; intensity 3.73.
• Scope 3: 10,770,476 tCO2e; intensity 49.35 per turnover; 2.90 per MT.
• Water withdrawal 12,982,987 kL; turnover intensity 59.48 KL/Mn; PPP 1,194.42 KL/Mn.
• Waste total 2,515,491.61 MT; recycled 1,604,206.77 MT; reused 42,842.99 MT; ZLD achieved.
• Board female representation 18.2% (2 of 11); KMP female 0%; CSR/ESG Committee chaired by independent director.

AGM Details

• Date and time: Sept 17, 2026, 3:00 PM IST; mode: VC/OAVM.
• Record date for final dividend: Sept 4, 2026.
• Remote e-voting window: Sept 14–16, 2026; cut-off Sept 10, 2026.
• AGM via VC/OAVM; proxies not allowed; attendance cap via VC for 1,000 members.

Dividend

• Final dividend of ₹1.50 per share proposed by Board; subject to AGM approval.
• Dividend payable within 30 days of AGM, after tax deduction.

Resolutions Put to Vote

• Ordinary: Adoption of standalone and consolidated financial statements for FY 2025-26.
• Ordinary: Dividend declaration for FY 2025-26.
• Ordinary: Re-appointment of Saroj Kumar Poddar by rotation.
• Special: Continuation of Poddar as Non-Executive Director and Chairman beyond age 75.
• Ordinary: Ratification of remuneration to Cost Auditor for FY 2026-27.
• Ordinary: Approval of material RPTs with related parties with OCP S.A./Indo Maroc/Phosphates De Boucraa.
• Ordinary: Directors’ remuneration up to 1% of net profits for three years.
• Special: Approval of Paradeep Phosphates Limited Performance Stock Option Plan 2026 (PSOP 2026).

Auditor & Remuneration

• Remuneration for Cost Auditor ratified at ₹5,00,000 plus taxes and expenses.
• Cost Auditor: M/s. S. S. Sonthalia & Co.

Material Related Party Transactions

• RPTs with related parties: Indo Maroc Phosphates S.A., OCP S.A., Phosphates De Boucraa S.A.
• Total proposed RPT value disclosed as 8.60 lakh.
• Transactions are in ordinary course and arm’s length.

PSOP 2026 Details

• Cap: up to 20 lakh options; vesting 1–3 years.
• Administered by NRC; implemented directly by the company.
• Options non-transferable; vesting depends on performance targets.
• Exercise period up to 2 years from vesting; price not below face value.
• Adjustments for corporate actions; listing on stock exchanges.
• Disclosures per SEBI SBEB regulations; secretarial certificate required.

Voting Results

• Voting outcomes not disclosed in the filing.

Financial performance

• Revenue from operations: ₹218,263 million.
• EBITDA: ₹22,594 million.
• EBITDA margin: 10.4%.
• PBT: ₹13,285 million.
• PAT: ₹9,968 million.

Key metrics & capital structure

• EPS: ₹9.61 per share.
• Dividend declared: ₹1.50 per equity share.
• Debt/Equity: 1.01x.
• Current ratio: 1.15x.
• MCFL merger completed; capacity up to 3.9 MMTPA.

Encumbrance release details

• Release of pledge by Tata Capital Limited on 19-08-2026; amount 4,00,00,000.
• Promoter encumbrance reduced from 6,50,00,000 shares (6.26%) to 2,50,00,000 shares (3.85%).
• Release of pledge by Tata Capital Limited on 19-08-2026; amount 2,48,81,500.
• Promoter encumbrance reduced from 2,50,00,000 shares (2.41%) to 1,18,500 shares (0.01%).

Meeting Details

• Dates: 26-27 August 2026.
• Type: Physical, one-to-one meetings.
• Place: Mumbai.
• Event: Investor/Analyst Meet organized by Paradeep Phosphates.

Participants

• Company management representatives to participate.

Purpose

• Investor/analyst interaction to discuss business prospects.

Adjudication Order Details

• Adjudication order by Commissioner of Customs, Goa on Show Cause Notice 02/2025-26 for Prilled Urea.
• Confiscation of seven consignments; mis-declaration as Technical Grade Urea.
• Redemption fine ₹23.26 crore; penalties ₹46.52 crore and ₹23.81 crore.
• Total penalties ₹93.59 crore; assessable value ₹465.23 crore.
• Date of order received: 20 August 2026.
• Impact expected to be non-material; company will pursue legal recourse.

Launch details

• Launch of JAI KISAAN NAVRATNA CROPFIT for sugarcane in Karnataka announced.

Product composition

• NPK 14:14:13 with S 4%, Zn 1%, B 0.1%, Fe 1% formulation.

Application and stage

• Basal application designed for early growth stage of sugarcane.

Geographic scope

• FCO-approved grade for sugarcane across key Karnataka districts.

Strategic context

• Part of Jai Kisaan Navratna portfolio; supported by farmer and channel engagement network.

Record date details

• Record date fixed: Sept 04, 2026 for dividend entitlement, subject to AGM declaration.
• Dividend, if declared, will be for the financial year 2025-26.

Annual General Meeting

• 44th AGM to be held on Sep 17, 2026 at 3:00 PM via VC/OAVM.