Balaji Phosphates Limited

NSE: BALAJIPHOS
Balaji Phosphates Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN L24123MP1996PLC067394 Incorporated 04 April 1996 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Listed - NSE: BALAJIPHOS Public Limited Company agriculture MSME · Medium
Revenue · FY 2026
₹171.19 Cr
▲ 35% YoY
Net profit · FY 2026
₹10.23 Cr
Net margin 6%
EBITDA · FY 2026
₹18.99 Cr
EBITDA margin 11.1%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹23.78 Cr
Issued & subscribed
Open charges
₹65.02 Cr
Satisfied ₹22.62 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
34
Provident fund records

About Balaji Phosphates Limited

Data last updated:

Balaji Phosphates Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 04 April 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L24123MP1996PLC067394. Its GSTIN is 23AADCB5654R1Z9 (Madhya Pradesh). The company holds 7 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: BALAJIPHOS.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.78 Cr. It is led by directors including Mohit Airen (Managing Director) and Alok Gupta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Indore, Madhya Pradesh.

As per the financials filed for FY 2026, the company reported a revenue of ₹171.19 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹10.23 Cr (net margin 6%) and EBITDA of ₹18.99 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.

The company has about 34 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹65.02 Cr and satisfied charges of ₹22.62 Cr on record. The company has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 ipo); the latest was in March 2025.

Balaji Phosphates Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0003265). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajiphosphates.com.

Company details

CIN L24123MP1996PLC067394
Registration Number 067394
Incorporation Date 04 April 1996
ROC Gwalior
Listing Status Listed (NSE: BALAJIPHOS)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0003265

CIN history

Balaji Phosphates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24123MP1996PLC067394, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24123MP1996PLC067394Current
U24123MP1996PLC067394Previous
U24123UP1996PTC019737Previous
Key People
Mohit Airen Managing Director Alok Gupta Director Sunil Kumar Talwar Director

Recognitions & Rankings of Balaji Phosphates

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MP-23-0003265

Contact details

Balaji Phosphates Limited's registered office is in Indore, Madhya Pradesh. Its website is balajiphosphates.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    balajiphosphates.com
  • Registered Address
    305 Utsav Avenue, 12/5 Usha Ganj Jaora Compound, Indore, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Fertilizers & Soil Enhancers

To see the full contact details of Balaji Phosphates Limited, buy the company report.

Comprehensive company report
Balaji Phosphates Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Balaji Phosphates Limited

FY 2026 filings available

Balaji Phosphates Limited reported revenue of ₹171.19 Cr (up 35% YoY) for FY 2026.

Revenue · FY 2026
₹171.19 Cr ▲ 35%
Net profit · FY 2026
₹10.23 Cr margin 6%
EBITDA · FY 2026
₹18.99 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 6%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 18%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 35% growth in the latest year. EBITDA rose 41% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹171.19 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹18.99 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.23 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin11.1%
Net Profit Margin6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Balaji Phosphates Limited, buy the company report.

Board of directors of Balaji Phosphates Limited

Balaji Phosphates has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Alok Gupta
Also directs: Electronics Farming Solutions Associates (E-Fasal) Private Limited, Envro Queen Private Limited, Dhenu Nature Farms Private Limited and 5 more
Director16 Sep 201313 Years 1 MonthsCurrent
Sunil Kumar TalwarDirector08 Apr 20233 Years 7 MonthsCurrent
Aashi NeemaDirector08 May 20233 Years 6 MonthsCurrent
Nupur Lodwal
Also directs: Nath Industries Limited
Director08 May 20233 Years 6 MonthsCurrent
Mohit Airen
Also directs: Electronics Farming Solutions Associates (E-Fasal) Private Limited, Envro Queen Private Limited, Dhenu Nature Farms Private Limited and 5 more
Managing Director16 Sep 201313 Years 1 MonthsCurrent
Sweena Gangwani
Also directs: Beryl Securities Limited, Tata Precision Industries (India) Limited
Director01 Aug 20242 Years 3 MonthsCurrent
View all directors

Auditor

Balaji Phosphates Limited is audited by M P V & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M P V & Co.FY 2023003995C

Shareholding

The shareholding of Balaji Phosphates Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balaji Phosphates Limited, buy the company report.

Charges & borrowings

Open charges
₹65.02 Cr
Satisfied charges
₹22.62 Cr
Breakdown by lending institutions
Axis Bank Limited₹43.57 Cr
Others₹21.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2024101036562Others₹11 CrOpen
12 Apr 2024100916388Axis Bank Limited₹17.83 CrOpen
17 Jun 2022100590750Others₹10.45 CrOpen
18 Jul 2020100352693Axis Bank Limited₹25.39 LakhOpen
26 Nov 2018100221331Axis Bank Limited₹25.49 CrOpen

To see the full charge records of Balaji Phosphates Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Balaji Phosphates Limited has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 ipo); the latest was in March 2025.

Total deals
8
Secondary share transfers
4
Rights issues
3
IPO
1

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2025IPO₹50.11 CrInvestors: IPO - Balaji Phosphates Limited, Veloce AIF - Veloce Opportunities Fund, Eminence Global Fund Pcc - Eubilia Capital Partners Fund I
Seller: 2 individuals
Apr 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: LILAC Vyapar Private Limited, 3 individuals
May 2010Secondary share transferUndisclosedBuyer: Lakshya Vinmay Private Limited, LILAC Vyapar Private Limited
Seller: Dear Born Commodeal Private Limited, Udhyan Merchandies Limited, Apeksha Securities Limited
Mar 2010Rights issue₹1.22 CrInvestors: Dear Born Commodeal Private Limited, Apeksha Securities Limited , Umra Securities Private Limited , an individual

To see the full deal history of Balaji Phosphates Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balaji Phosphates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Balaji Phosphates has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Jyoti Weighing Systems Private LimitedU29111MP1979PTC001524

To see the full group structure of Balaji Phosphates Limited, buy the company report.

Employees & EPFO

Balaji Phosphates Limited has a workforce of 34 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
34
Active EPFO establishments
1
Employee growth
-17.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2734
FY 2025-26
FY 2024-25
FY 2023-24

To see the full employee and EPFO history of Balaji Phosphates Limited, buy the company report.

GST

Balaji Phosphates has 7 GST registrations: 1 active and 6 cancelled or inactive.

Total GSTINs
7
Active
1
Cancelled / inactive
6
GSTINStateStatusRegistered on
23AADCB5654R1Z9Madhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Balaji Phosphates Limited, buy the company report.

Recent activity

Balaji Phosphates Limited has 17 board changes on record since 2009: 6 appointments and 11 cessations. The latest: Amod Jha ceased to be Director on 01 Aug 2024.

Filing
Balaji Phosphates Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Gwalior.
Charges
A charge with Others of Rs. 11.00 Cr registered on 31 Dec 2024 with Charge ID 101036562 was modified on 11 Feb 2025.
Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 101036562 was registered on 31 Dec 2024.
AGM
Balaji Phosphates Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Amod Jha ceased to be Director.
Appointed
Sweena Gangwani was appointed as Director.
Charges
A charge registered on 28 Aug 2019 via Charge ID 100285118 with Axis Bank Limited was fully satisfied on 22 Apr 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 17.83 Cr with Charge ID 100916388 was registered on 12 Apr 2024.
Ceased
Surabhi Agrawal ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 25.49 Cr registered on 26 Nov 2018 with Charge ID 100221331 was modified on 21 Nov 2023.
Charges
A charge registered on 31 Mar 2014 via Charge ID 10487955 with Reliance Capital Ltd was fully satisfied on 09 Nov 2023.
Charges
A charge with Others of Rs. 10.45 Cr registered on 17 Jun 2022 with Charge ID 100590750 was modified on 10 Aug 2023.

34 earlier events are in the company report.

News

Frequently asked questions

Balaji Phosphates is an active public limited company based in Indore, Madhya Pradesh, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 04 April 1996 (30+ years old) and is registered under CIN L24123MP1996PLC067394. Listed on NSE: BALAJIPHOS.

Balaji Phosphates has 6 current directors:

The latest financial statements of Balaji Phosphates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Balaji Phosphates is 23AADCB5654R1Z9, registered in Madhya Pradesh. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.

The CIN (Corporate Identification Number) of Balaji Phosphates is L24123MP1996PLC067394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Balaji Phosphates is a listed company as per MCA records. Its shares are listed on NSE (symbol: BALAJIPHOS).

Balaji Phosphates was incorporated on 04 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.

Balaji Phosphates has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 ipo); the latest was in March 2025.

Amod Jha ceased to be Director on 01 Aug 2024. Sweena Gangwani was appointed as Director on 01 Aug 2024. Surabhi Agrawal ceased to be Director on 08 Mar 2024. Balaji Phosphates has 17 board changes on record in total.

Yes, Balaji Phosphates is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0003265).