Balaji Phosphates

Indore, India Founded: 2023 • Age: 3 yrs Listed
Phosphate-based products are manufactured for agricultural and industrial applications.

About Balaji Phosphates

Balaji Phosphates is a publicly listed company based in Indore (India) founded in 2023. Phosphate-based products are manufactured for agricultural and industrial applications. The company has 38 employees. Its Indian entity Balaji Phosphates Limited reported revenue of ₹171 Cr. Its focus areas include Chemicals and Materials, Diversified Chemicals and Diversified.

Company details

Balaji Phosphates was founded in 2023 and is based in Indore, India. Manufacturing of phosphate-based products is conducted for use in agriculture and industry. Operations are handled with attention to sustainable practices and operational transparency. Professionalism, integrity, and compliance with legal requirements are upheld, along with equitable information disclosure across all activities.

  • Headquarters Indore, India
  • Employees 38
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Website balajiphosphates.com
  • Legal Name Balaji Phosphates Ltd.
Key Metrics
  • Market Cap
    ₹285 Cr

    BALAJIPHOS-SM · NSE

  • Share Price
    ₹126.20

    +5.39% today

  • Revenue
    ₹170 Cr

    FY 2025-26 · +34.7% YoY

  • EBITDA
    ₹18.99 Cr

    Margin 11.1%

  • Net Profit
    ₹10.23 Cr

    FY 2025-26 · +29.2% YoY

  • P/E (TTM)
    29.4x

    P/B 3.3x

  • Employee Count
    38

Board of directors of Balaji Phosphates Limited (Balaji Phosphates)

Balaji Phosphates Limited is the primary company behind Balaji Phosphates. The boards of the 2 registered companies of Balaji Phosphates currently have 6 directors; the longest-serving is Mohit Airen, appointed in 2000. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mohit Airen
DIN 00326470
Director30 Mar 200026 yrs 7 moChatak Agro (India) Private Limited, Balaji Phosphates Limited
Alok Gupta
DIN 00321894
Director31 Aug 200620 yrs 2 moChatak Agro (India) Private Limited, Balaji Phosphates Limited
Sunil Kumar Talwar
DIN 10105902
Director08 Apr 20233 yrs 7 moBalaji Phosphates Limited
Aashi Neema
DIN 10149905
Director08 May 20233 yrs 6 moBalaji Phosphates Limited
Nupur Lodwal
DIN 10150318
Director08 May 20233 yrs 6 moBalaji Phosphates Limited
Sweena Gangwani
DIN 08852555
Director01 Aug 20242 yrs 3 moBalaji Phosphates Limited

IPO & Listings of Balaji Phosphates

Balaji Phosphates is a publicly listed company on the NSE with ticker symbol BALAJIPHOS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Mar 2025
  • Listed onNSE: BALAJIPHOS
  • Listed entityBalaji Phosphates Ltd.
  • Exchange sectorProcess industries
  • ISININE0PQ601019
  • Share price₹108.00 (-0.92% on the day) · 2026-10-14
  • Market capitalisation₹259 Cr
  • Price to earnings25.1
  • EPS (diluted, trailing year)₹4.29
  • Volume (last session)2,000

Financials of Balaji Phosphates

Exchange-reported figures of Balaji Phosphates Limited, the listed company behind Balaji Phosphates (NSE: BALAJIPHOS-SM).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹170 Cr
+34.7% YoY
EBITDA
₹18.99 Cr
+41.3% YoY
Profit After Tax
₹10.23 Cr
+29.2% YoY
Net Worth
₹90.66 Cr
+13.3% YoY
Total Assets
₹133 Cr
+19.6% YoY
Total Debt
₹42.48 Cr
+35.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17012715214512710358.76
Revenue growth+34.7%-16.5%+4.9%+13.5%+24.0%+74.8%-
EBITDA18.9913.4412.2911.707.564.896.87
EBITDA margin+11.1%+10.6%+8.1%+8.1%+5.9%+4.8%+11.7%
Profit before tax14.9810.648.378.284.612.434.43
Net profit10.237.926.036.103.231.412.54
Net profit margin+6.0%+6.3%+4.0%+4.2%+2.5%+1.4%+4.3%
EPS (₹)4.303.333.396.835.442.273.10
Balance sheet
Total assets13311168.2655.3043.8940.6333.29
Net worth90.6680.0435.0128.9723.8620.6218.99
Total debt42.4831.2733.2226.3119.7319.7314.30
Cash & bank1.711.562.222.691.621.370.02
Net working capital10687.7656.3843.9030.6326.9525.82
Cash flow
Cash from operations4.71(36.44)(3.48)(3.63)2.797.126.08
Cash from investing(12.96)5.25(0.87)(0.11)(0.55)(7.22)(0.25)
Cash from financing8.0131.453.893.79(1.98)1.45(5.91)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue13598.7211811293.0173.1158.76
Revenue growth+37.2%-16.5%+5.6%+20.3%+27.2%+24.4%-
EBITDA17.1512.4211.1211.287.104.376.88
EBITDA margin+12.7%+12.6%+9.4%+10.1%+7.6%+6.0%+11.7%
Profit before tax13.609.767.257.904.132.044.44
Net profit9.447.285.205.802.881.092.55
Net profit margin+7.0%+7.4%+4.4%+5.2%+3.1%+1.5%+4.3%
EPS (₹)3.973.072.926.504.861.863.10
Balance sheet
Total assets12410666.2553.9842.8739.8233.29
Net worth87.7677.9333.5128.3123.0020.1118.99
Total debt35.9127.9332.7125.6519.8819.7314.30
Cash & bank0.860.781.191.970.090.350.02
Net working capital95.9880.4251.9340.3728.5825.0325.82
Cash flow
Cash from operations6.56(33.11)2.71(2.30)2.107.876.08
Cash from investing(11.98)4.29(7.54)0.00(0.49)(8.56)(0.25)
Cash from financing5.1629.064.103.16(1.87)1.03(5.91)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17012715214512710358.76
Revenue growth+34.7%-16.5%+4.9%+13.5%+24.0%+74.8%-
Other income0.722.050.130.100.570.500.85
Total expenses15111313913312097.8051.89
Employee cost0.008.237.767.166.366.812.64
EBITDA18.9913.4412.2911.707.564.896.87
EBITDA margin+11.1%+10.6%+8.1%+8.1%+5.9%+4.8%+11.7%
Depreciation1.140.950.850.840.981.131.11
Interest3.593.903.202.682.541.832.18
Profit before tax14.9810.648.378.284.612.434.43
Tax4.752.722.332.181.381.091.89
Net profit10.237.926.036.103.231.412.54
Net profit margin+6.0%+6.3%+4.0%+4.2%+2.5%+1.4%+4.3%
EPS (₹)4.303.333.396.835.442.273.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital23.7823.7817.848.925.955.958.24
Reserves & surplus66.8856.2617.1720.0517.9114.6710.75
Shareholders' funds (net worth)90.6680.0435.0128.9723.8620.6218.99
Minority interest0.000.000.000.000.000.000.00
Secured loans27.3326.7931.2023.6417.5018.1610.47
Unsecured loans15.154.482.022.672.231.573.83
Total debt42.4831.2733.2226.3119.7319.7314.30
Total liabilities13311168.2655.3043.8940.6333.29
Assets
Gross block17.1515.1914.2113.4226.0225.6416.54
Net block12.4011.5711.6311.5912.8413.447.53
Capital work in progress11.831.480.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories57.8439.7531.4842.0723.6521.9018.99
Sundry debtors67.8844.6931.0530.0028.6826.0723.94
Cash & bank balances1.711.562.222.691.621.370.02
Loans & advances8.1014.7111.7310.4816.039.408.64
Total current assets13610176.4885.2469.9858.7451.59
Total current liabilities29.7112.9520.1041.3439.3531.7925.77
Net working capital10687.7656.3843.9030.6326.9525.82
Total assets13311168.2655.3043.8940.6333.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.450.192.692.641.370.020.09
Net cash from operating activities4.71(36.44)(3.48)(3.63)2.797.126.08
Net cash from investing activities(12.96)5.25(0.87)(0.11)(0.55)(7.22)(0.25)
Net cash from financing activities8.0131.453.893.79(1.98)1.45(5.91)
Net change in cash(0.23)0.26(0.47)0.050.251.35(0.07)
Closing cash1.711.562.222.691.621.370.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+34.7%-16.5%+4.9%+13.5%+24.0%+74.8%-
EBITDA growth+41.3%+9.4%+5.0%+54.8%+54.6%-28.8%-
PBT growth+40.8%+27.1%+1.1%+79.6%+89.7%-45.2%+9997.0%
Net income growth+29.2%+31.3%-1.2%+88.9%+129.1%-44.5%-
Revenue CAGR (3Y)+5.7%-0.2%+13.9%+35.0%---
EBITDA CAGR (3Y)+17.5%+21.1%+36.0%+19.4%---
Profitability & leverage
Net income margin+6.0%+6.3%+4.0%+4.2%+2.5%+1.3%+4.3%
Return on capital employed-+16.2%+18.7%+22.4%+17.0%+11.6%+19.9%
Return on net worth-+13.8%+18.9%+23.5%+14.7%+6.9%+13.4%
Debt / equity-0.560.930.890.900.860.75
Long-term debt / equity-0.100.240.320.360.320.26
Interest cover20.1131.2227.9724.6838.6048.6737.85
Efficiency & per share
Fixed asset turnover-8.6310.9710.814.984.903.55
Inventory turnover-3.554.124.405.595.023.09
Debtors turnover-3.344.964.754.654.112.45
EPS (₹)4.303.333.396.835.442.273.10
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0033.6619.6232.4839.6634.2223.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue13598.7211811293.0173.1158.76
Revenue growth+37.2%-16.5%+5.6%+20.3%+27.2%+24.4%-
Other income0.672.000.090.050.530.460.85
Total expenses11886.3010710185.9168.7451.88
Employee cost0.002.841.451.083.212.832.64
EBITDA17.1512.4211.1211.287.104.376.88
EBITDA margin+12.7%+12.6%+9.4%+10.1%+7.6%+6.0%+11.7%
Depreciation1.000.900.820.790.911.001.11
Interest3.223.763.142.642.591.792.18
Profit before tax13.609.767.257.904.132.044.44
Tax4.162.482.042.101.250.951.89
Net profit9.447.285.205.802.881.092.55
Net profit margin+7.0%+7.4%+4.4%+5.2%+3.1%+1.5%+4.3%
EPS (₹)3.973.072.926.504.861.863.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital23.7823.7817.848.925.955.958.24
Reserves & surplus63.9854.1515.6719.3917.0514.1610.75
Shareholders' funds (net worth)87.7677.9333.5128.3123.0020.1118.99
Secured loans23.2423.6028.4122.9817.1518.1610.47
Unsecured loans12.674.334.302.672.731.573.83
Total debt35.9127.9332.7125.6519.8819.7314.30
Total liabilities12410666.2553.9842.8739.8233.29
Assets
Gross block10.058.137.8617.6717.6717.1816.54
Net block6.555.635.905.966.757.177.53
Capital work in progress10.181.480.000.000.000.000.00
Investments7.907.907.907.907.907.900.00
Inventories49.7434.6027.9839.4620.8419.5918.99
Sundry debtors63.0642.0428.4426.4325.7924.7623.94
Cash & bank balances0.860.781.191.970.090.350.02
Loans & advances6.4813.0710.8110.0416.049.338.64
Total current assets12090.4968.4277.9062.7654.0351.59
Total current liabilities24.1610.0716.4937.5334.1829.0025.77
Net working capital95.9880.4251.9340.3728.5825.0325.82
Total assets12410666.2553.9842.8739.8233.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.300.070.801.110.350.020.16
Net cash from operating activities6.56(33.11)2.71(2.30)2.107.876.08
Net cash from investing activities(11.98)4.29(7.54)0.00(0.49)(8.56)(0.25)
Net cash from financing activities5.1629.064.103.16(1.87)1.03(5.91)
Net change in cash(0.25)0.24(0.73)0.86(0.26)0.34(0.07)
Closing cash0.860.781.191.970.090.350.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+37.2%-16.5%+5.6%+20.3%+27.2%+24.4%-
EBITDA growth+38.1%+11.7%-1.4%+58.9%+62.5%-36.5%-
PBT growth+39.3%+34.6%-8.2%+91.3%+102.5%-54.1%+9997.0%
Net income growth+29.7%+40.0%-10.3%+101.4%+164.2%-57.3%-
Revenue CAGR (3Y)+6.6%+2.0%+17.4%+24.0%---
EBITDA CAGR (3Y)+15.0%+20.5%+36.5%+17.9%---
Profitability & leverage
Net income margin+7.0%+7.4%+4.4%+5.2%+3.1%+1.5%+4.3%
Return on capital employed-+15.7%+17.3%+21.7%+16.3%+10.5%+19.9%
Return on net worth-+13.1%+16.8%+22.6%+13.4%+5.7%+13.4%
Debt / equity-0.540.940.890.920.870.75
Long-term debt / equity-0.110.240.320.370.320.26
Interest cover19.9432.6430.4925.1741.8453.1237.78
Efficiency & per share
Fixed asset turnover-12.419.266.335.344.343.55
Inventory turnover-3.163.503.714.603.793.09
Debtors turnover-2.814.314.293.683.002.45
EPS (₹)3.973.072.926.504.861.863.10
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0032.7718.7831.7438.6733.8123.04

Web traffic of Balaji Phosphates

The website of Balaji Phosphates (balajiphosphates.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▲ 26.7% vs previous month

Top companies in Core & Diversified Chemicals

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1979Pune, Maharashtra, IndiaUSD 1.21 B1,020
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Frequently Asked Questions about Balaji Phosphates

Balaji Phosphates was founded in 2023.

Balaji Phosphates is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

Balaji Phosphates has 38 employees.

The primary company behind Balaji Phosphates, Balaji Phosphates Limited, reported revenue of ₹171 Cr for FY 2026, up 35% year on year.

Balaji Phosphates was founded in 2023 and is based in Indore, India. Manufacturing of phosphate-based products is conducted for use in agriculture and industry. Operations are handled with attention to sustainable practices and operational transparency. Professionalism, integrity, and compliance with legal requirements are upheld, along with equitable information disclosure across all activities.

Yes, Balaji Phosphates is publicly traded on NSE under the ticker symbol BALAJIPHOS.

Balaji Phosphates is associated with 2 legal entities: Balaji Phosphates Limited, Chatak Agro (India) Private Limited.

The legal entities of Balaji Phosphates currently have 8 directors, including Alok Gupta, Mohit Airen, Deepika Singh and others.

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