The Phosphate Company Ltd

Key transaction details

• Target Company: The Phosphate Company Limited.
• Disclosing Party: Acquirer Nikate Khaitan and PAC (promoter group).
• Transaction Type: Acquisition of voting rights via inter-se transfer.
• Pre-Transaction total holding: 797,080 shares (22.0952%).
• Pre-Transaction acquirer holding: 284,760 shares (7.8936%).
• Pre-Transaction PAC holding: 51,520 shares (1.4281%).
• Shares acquired: 144,000 by acquirer; 144,000 sold.
• Post-Transaction acquirer holding: 428,760 shares (11.8853%).
• Mode: Inter-se transfer.
• Equity share capital before: Rs 3,60,74,800.
• Equity share capital after: Rs 3,60,74,800.
• Total diluted share capital after: Rs 3,60,74,800.

Dematerialisation status

• Dematerialisation requests received during the reporting period processed; certificates cancelled and depository substituted.
• Securities dematerialised have been listed on the stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository's name substituted as registered owner within the timeline.

Financial Performance 📊

• Approved unaudited financial results for the quarter ended December 31, 2025.

Financial Performance 📊

• Q3 FY26 revenue from operations rose 32% YoY to Rs 7,094.97 lakh from Rs 5,370.64 lakh.
• Q3 FY26 total income increased 31% YoY to Rs 7,055.43 lakh from Rs 5,375.55 lakh.
• Q3 FY26 EBITDA declined 2% YoY to Rs 725.76 lakh from Rs 741.71 lakh.
• Q3 FY26 profit before tax fell 8% YoY to Rs 597.06 lakh from Rs 645.97 lakh.
• Q3 FY26 net profit after tax decreased 10% YoY to Rs 421.99 lakh from Rs 469.97 lakh.
• Q3 FY26 EPS was Rs 11.70 (basic and diluted), down from Rs 13.03 in Q3 FY25.

Nine Months Performance

• Nine months ended Dec 2025 revenue from operations increased 15% YoY to Rs 11,576.41 lakh.
• Nine months EBITDA rose 53% YoY to Rs 738.55 lakh from Rs 480.96 lakh.
• Nine months net profit after tax improved 110% YoY to Rs 253.01 lakh from Rs 120.43 lakh.

Costs & Working Capital

• Finance costs increased 47% YoY to Rs 104.51 lakh in Q3 FY26 from Rs 70.94 lakh.
• Cost of material consumed rose 16% YoY to Rs 3,496.80 lakh in Q3 FY26 from Rs 3,025.66 lakh.
• Inventories increased by Rs 1,542.05 lakh in Q3 FY26 versus a decrease of Rs 87.79 lakh in Q3 FY25.

Corporate & Other

• Auditor's limited review report issued with no material misstatement noted.
• Board approved Q3 and nine months FY26 unaudited results on January 30, 2026.

Business Model & Segments

• Company operates in a single segment: Agro-inputs; business is seasonal.