Fortune India 500 2025 edition
Rank#116- Total income
- ₹23,712 Cr
- Profit
- ₹1,661 Cr
Last year #115
Indian Potash Limited - trading in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22,034 Cr
▼ 37% YoY
Net profit · FY 2024
₹1,257.83 Cr
Net margin 5.7%
EBITDA · FY 2024
₹2,657.65 Cr
EBITDA margin 12.1%
Authorised capital
₹61.2 Cr
Registered with MCA
Paid-up capital
₹28.6 Cr
Issued & subscribed
Open charges
₹13,488 Cr
Satisfied ₹11,214 Cr
Company age
71 yrs
Est. 1955
Employees · EPFO
1,602
Provident fund records
About Indian Potash Limited
Data last updated:
Indian Potash Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 17 June 1955 and has been in existence for over 71 years.
Indian Potash is ranked #116 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U14219TN1955PLC000961. Its GSTIN is 02AAACI0888H1ZS (Himachal Pradesh). The company holds 22 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹61.2 Cr and a paid-up capital of ₹28.6 Cr. It was formerly known as Indian Potash Supply Agency Limited and Indian Potash Supply Agency Private Limited. It is led by directors including Parvinder Singh Gahlaut (Managing Director) and Vandana Chanana.
Its last annual general meeting (AGM) was held on 02 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Seethakathi Business Centre 1st Floor 684 – 690 Annasalai, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2024, the company reported a revenue of ₹22,034 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1,257.83 Cr (net margin 5.7%) and EBITDA of ₹2,657.65 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 1,602 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Indian Potash Limited. As per MCA filings, the company has open charges of ₹13,488 Cr and satisfied charges of ₹11,214 Cr on record. Court records list 952 cases involving the company, including 545 filed by the company and 407 filed against it; 265 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianpotash.org.
Company details
CIN U14219TN1955PLC000961
Registration Number 000961
Incorporation Date 17 June 1955
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Indian Potash has undergone 2 name changes throughout its history. The company was previously known as Indian Potash Supply Agency Limited, and Indian Potash Supply Agency Private Limited. The current legal name is Indian Potash Limited.
| Company Name | Status |
|---|---|
| Indian Potash Limited | Current |
| Indian Potash Supply Agency Limited | Previous |
| Indian Potash Supply Agency Private Limited | Previous |
Key People
Parvinder Singh Gahlaut Managing Director Rajagopalan Srinivasan Cfo Alok Kumar Singh Nominee Director Recognitions & Rankings of Indian Potash
Contact details
Indian Potash Limited's registered office is in Chennai, Tamil Nadu. Its website is indianpotash.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSeethakathi Business Centre 1st Floor 684 – 690 Annasalai, Chennai, Tamil Nadu, India – 600006
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Indian Potash Limited, buy the company report.
Comprehensive company report
Indian Potash 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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Brands
Indian Potash operates one associated brand: Indian Potash Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Indian Potash Limited is engaged in fertilizer distribution and agricultural support. | indianpotash.org |
Business activity
The main business activity of Indian Potash is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Indian Potash Limited, buy the company report.
Financials of Indian Potash Limited
FY 2025 filings availableIndian Potash Limited reported revenue of ₹22,034 Cr (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹22,034 Cr ▼ 37%
Net profit · FY 2024
₹1,257.83 Cr margin 5.7%
EBITDA · FY 2024
₹2,657.65 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 42%
5 years · compounded
▲ 22%
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 109% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22,034 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,657.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,257.83 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 Indian Potash Limited, buy the company report.
Board of directors and KMP of Indian Potash Limited
Indian Potash Limited currently reports 16 directors and 2 key managerial personnel. 98 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Singh Also directs: Moil Mpsmcl Mining Limited | Nominee Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Dileepbhai Nanubhai Sanghani Also directs: Iffco-Tokio General Insurance Company Limited, Gujco Nafed Agro Private Limited, Ncui Entrepreneurship Foundation and 1 more | Nominee Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Rakesh Kapur Also directs: Iffco-Mc Crop Science Private Limited, Iffco Kisan Sez Limited, Iffco Kisan Finance Limited and 3 more | Nominee Director | 25 Nov 2021 | 4 Years 11 Months | Current |
| Parvinder Singh Gahlaut Also directs: The Fertiliser Association of India., Ipl Sugars and Biofuels Limited, Vizag Multipurpose Terminal Private Limited and 1 more | Managing Director | 29 Sep 1997 | 29 Years 1 Months | Current |
| Vandana Chanana Also directs: Bareilly Smart City Limited | Director | 10 Aug 2021 | 5 Years 2 Months | Current |
| Girish Kumar Also directs: Sapientia Corporate Consultancy Limited | Company Secretary | 30 Sep 2021 | 5 Years 1 Months | Current |
Showing 6 of 18 current directors and KMP. View all directors and KMP
Auditor
Indian Potash Limited is audited by M S K A & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2024 | 105047W |
Shareholding
The shareholding of Indian Potash Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Potash Limited, buy the company report.
Charges & borrowings
Open charges
₹13,488 Cr
Satisfied charges
₹11,214 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101180752 | Hdfc Bank Limited | ₹400 Cr | Open | |
| 26 Dec 2022 | 100658948 | Others | ₹100 Cr | Open | |
| 13 Oct 2022 | 100622366 | Axis Bank Limited | ₹187.5 Cr | Open | |
| 15 Apr 2005 | 80011234 | State Bank of India | ₹12,800 Cr | Open | |
| 29 Apr 2022 | 100574612 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Indian Potash Limited, buy the company report.
Total charge records: 43 View all charges
Deals & funding
Indian Potash Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Zuari Agro Chemicals Limited, Investor Education And Protection Fund, an individual Seller: Fertiliser & Inputs Private Limited, Shaw Wallace Financial Services Ltd , Zuari Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indian Potash Limited has 952 court cases on record: 545 filed by Indian Potash, 407 filed against it. 265 cases are pending and 687 are disposed.
Total cases
952
Filed by the company
545
Filed against the company
407
Pending
265
Disposed
687
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 461 | 176 | 165 |
| High courts | 445 | 197 | 86 |
| Supreme Court | 38 | 31 | 12 |
| NCLAT | 5 | 2 | 2 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 952)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by Bohra Industries Limited | Disposed |
| District court, Meerut, Uttar Pradesh | Arbitration matter | Filed against the company by VVK Turbotech Pvt Ltd | Pending |
| District court, Meerut, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against VVK Turbotech Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed against the company by Maruti Fertochem Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Maruti Fertochem Ltd | Disposed |
To see the full case history of Indian Potash Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Indian Potash Limited was last rated by Care on 31 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Mar 2023 |
To see the full credit ratings and regulatory alerts of Indian Potash Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Potash Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indian Potash has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ipl Sugars and Biofuels Limited | U15122DL2011PLC217940 |
To see the full group structure of Indian Potash Limited, buy the company report.
Employees & EPFO
Indian Potash Limited has a workforce of 1,602 employees on its EPFO records as of Mar 01, 2025, across 9 active EPFO establishments.
Employee count
1,602
Active EPFO establishments
9
Employee growth
-1.84%
GST
Indian Potash has 22 GST registrations: 15 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
15
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACI0888H1ZS | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AAACI0888H1ZM | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACI0888H1ZK | Haryana | Active | 01 Jul 2017 |
| 07AAACI0888H1ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Potash Limited, buy the company report.
Recent activity
Indian Potash Limited has 115 board changes on record since 1997: 18 appointments and 97 cessations. The latest: Kamalkumar Chandanlal Dayani ceased to be Nominee Director on 16 Dec 2025.
Ceased
Kamalkumar Chandanlal Dayani ceased to be Nominee Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Cr with Charge ID 101180752 was registered on 16 Oct 2025.
Charges
A charge with State Bank Of India of Rs. 12,800.00 Cr registered on 15 Apr 2005 with Charge ID 80011234 was modified on 16 Sep 2025.
Appointed
Kiritkumar Jashbhai Patel was appointed as Nominee Director.
AGM
Indian Potash Limited last Annual general meeting of members was held on 02 Aug 2025 as per latest MCA records.
Ceased
Manoj Kumar Jain ceased to be Nominee Director.
Appointed
Shriniwas Chandrashekhar Mudgerikar was appointed as Nominee Director.
Ceased
Udai Shanker Awasthi ceased to be Nominee Director.
Charges
A charge registered on 26 Jun 2020 via Charge ID 100346015 with Hdfc Bank Limited was fully satisfied on 16 Jul 2025.
Ceased
Amandeep Singh Thind ceased to be Nominee Director.
Appointed
Amit Kumar was appointed as Nominee Director.
Filing
Indian Potash Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
197 earlier events are in the company report.
News
From our blog
Frequently asked questions
Indian Potash is an active public limited company based in Chennai, Tamil Nadu, India. The company works in wholesale, within the trading industry. It was incorporated on 17 June 1955 (71+ years old) and is registered under CIN U14219TN1955PLC000961.
Indian Potash has 18 current directors and KMP:
- Parvinder Singh Gahlaut - Managing Director
- Alok Kumar Singh - Nominee Director
- Dileepbhai Nanubhai Sanghani - Nominee Director
- Rakesh Kapur - Nominee Director
- Vandana Chanana - Director
- Santosh Kumar Dash - Nominee Director
- Arvind Kumar Kadyan - Director
- Amit Kumar - Nominee Director
- Sonny Sebastian Cheruvallathu - Nominee Director
- Manish Gupta - Nominee Director
- Pankaj Kumar Bansal - Nominee Director
- Sivappirakasam Muthukumarasamy - Nominee Director
- Amandeep Singh Thind - Nominee Director
- Shriniwas Chandrashekhar Mudgerikar - Nominee Director
- Sudhir Bhargava - Director
- Kiritkumar Jashbhai Patel - Nominee Director
- Girish Kumar - Company Secretary
- Rajagopalan Srinivasan - Cfo
The latest financial statements of Indian Potash on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Potash is 02AAACI0888H1ZS, registered in Himachal Pradesh. The company has 22 GST registrations in all, of which 15 are active and 7 are cancelled or inactive. Other active GSTINs include 05AAACI0888H1ZM (Uttarakhand), 06AAACI0888H1ZK (Haryana), 07AAACI0888H1ZI (Delhi).
The CIN (Corporate Identification Number) of Indian Potash is U14219TN1955PLC000961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Potash has 952 court cases on record: 545 filed by the company and 407 filed against it. 265 are pending. Most are in the district courts.
Indian Potash was incorporated on 17 June 1955, making it 71+ years old. It is registered with the Registrar of Companies, Chennai.
Indian Potash has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Kamalkumar Chandanlal Dayani ceased to be Nominee Director on 16 Dec 2025. Kiritkumar Jashbhai Patel was appointed as Nominee Director on 20 Aug 2025. Manoj Kumar Jain ceased to be Nominee Director on 02 Aug 2025. Indian Potash has 115 board changes on record in total.
Indian Potash can be reached through the website indianpotash.org. Its registered office is in Chennai, Tamil Nadu, India.
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