Rama Phosphates Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24110MH1984PLC033917 Incorporated 03 September 1984 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: RAMAPHO · BSE: 524037 Public Limited Company agriculture
Data last updated
Market Cap
₹360 Cr
RAMAPHO · NSE
Share Price
₹102.58
+0.80% today
Revenue
₹893 Cr
FY 2025-26 · +20.1% YoY
EBITDA
₹88.15 Cr
Margin 9.9%
Net Profit
₹52.40 Cr
FY 2025-26 · +283.6% YoY
P/E (TTM)
7.1x
P/B 1.1x
ROE
16.7%
ROCE 18.2%
Debt / Equity
0.42
Interest cover 14.2x

About Rama Phosphates Limited

Data last updated:

Rama Phosphates Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 03 September 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24110MH1984PLC033917. Its GSTIN is 27AAACR7191Q1ZM (Maharashtra). The company holds 17 GST registrations, of which 13 are active. Its shares are listed on BSE: 524037 and NSE: RAMAPHO.

The company has an authorised share capital of ₹41 Cr and a paid-up capital of ₹17.67 Cr. It was formerly known as Rama Phosphates Private Limited. It is led by directors including Haresh Ramsinghani (Managing Director) and Brij Lal Khanna.

Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 51 – 52 Free Press House Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹893.04 Cr, a growth of 20.1% compared to the previous year. For the same year it recorded a net profit of ₹52.4 Cr (net margin 5.9%) and EBITDA of ₹88.15 Cr (EBITDA margin 9.9%). The net worth stands at ₹422.46 Cr (up 13.8% YoY). Total assets are valued at ₹562.83 Cr (up 12.9% YoY).

The company has about 567 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rama Phosphates. As per MCA filings, the company has open charges of ₹183.59 Cr and satisfied charges of ₹212.73 Cr on record. Court records list 106 cases involving the company, including 69 filed by the company and 37 filed against it; 17 cases are pending. The company has 46 deals on record (46 market trades); the latest was in November 2025. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 91 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramaphosphates.com.

Company details

CIN L24110MH1984PLC033917
Registration Number 033917
Incorporation Date 03 September 1984
ROC Mumbai
Listing Status Listed (BSE: 524037, NSE: RAMAPHO)
Company Status Active
Date of Last AGM 13 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Rama Phosphates Limited's registered office is in Mumbai, Maharashtra. Its website is ramaphosphates.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    51 – 52 Free Press House Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Agriculture, Fertilizers & Soil Enhancers

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

Comprehensive company report
Rama 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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Brands

Rama Phosphates operates one associated brand: Rama Phosphates. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of phosphatic fertilizers, chemicals, and edible oilsramaphosphates.com

Business activity

The main business activity of Rama Phosphates is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Rama Phosphates Limited, buy the company report.

Financials of Rama Phosphates Limited

FY 2025-26 filings available

Rama Phosphates Limited reported revenue of ₹893.04 Cr (up 20.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹893 Cr
+20.1% YoY
EBITDA
₹88.15 Cr
+93.4% YoY
Profit After Tax
₹52.40 Cr
+283.6% YoY
Net Worth
₹422 Cr
+13.8% YoY
Total Assets
₹563 Cr
+12.9% YoY
Total Debt
₹139 Cr
+10.3% 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
Revenue893744603875878580448
Revenue growth+20.1%+23.3%-31.1%-0.4%+51.3%+29.5%-
EBITDA88.1545.57(21.49)72.7211263.0323.91
EBITDA margin+9.9%+6.1%-3.6%+8.3%+12.7%+10.9%+5.3%
Profit before tax70.3025.56(41.21)54.8893.9456.6421.83
Net profit52.4013.66(31.11)40.9570.0442.0715.31
Net profit margin+5.9%+1.8%-5.2%+4.7%+8.0%+7.3%+3.4%
EPS (₹)14.913.87(17.58)23.1639.6323.8310.00
Balance sheet
Total assets563498503428330210191
Net worth422371353309270204166
Total debt13912614911858.855.5023.76
Cash & bank11.5111.5310.496.386.028.165.58
Net working capital365312313322226134128
Cash flow
Cash from operations20.1239.91(5.14)(36.24)(8.58)44.4626.05
Cash from investing(21.50)(4.13)(11.50)(8.14)(31.66)(21.27)(20.61)
Cash from financing1.36(35.90)16.4244.7340.21(23.35)(5.10)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue225219238246190201180209
Revenue growth (YoY)+18.1%+9.0%+32.5%+17.3%+23.8%---
Other income0.750.650.230.270.232.120.210.35
Total expenses197209214219164184170199
EBITDA27.9010.0123.9126.8426.7017.3610.1110.55
EBITDA margin+12.4%+4.6%+10.0%+10.9%+14.0%+8.6%+5.6%+5.0%
Depreciation1.791.892.022.001.952.052.082.05
Interest4.051.923.022.213.523.933.163.48
Profit before tax22.816.8519.1022.9021.4613.505.085.37
Tax5.751.485.075.615.438.261.412.29

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue225219238246190201180209
Revenue growth (YoY)+18.1%+9.0%+32.5%+17.3%+23.8%---
Other income0.750.650.230.270.232.120.210.35
Total expenses197209214219164184170199
EBITDA27.9010.0123.9126.8426.7017.3610.1110.55
EBITDA margin+12.4%+4.6%+10.0%+10.9%+14.0%+8.6%+5.6%+5.0%
Depreciation1.791.892.022.001.952.052.082.05
Interest4.051.923.022.213.523.933.163.48
Profit before tax22.816.8519.1022.9021.4613.505.085.37
Tax5.751.485.075.615.438.261.412.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue893744603875878580448
Revenue growth+20.1%+23.3%-31.1%-0.4%+51.3%+29.5%-
Other income1.381.662.340.663.600.584.61
Total expenses805698625802767517425
Employee cost38.8435.5432.2434.3331.1226.0125.17
EBITDA88.1545.57(21.49)72.7211263.0323.91
EBITDA margin+9.9%+6.1%-3.6%+8.3%+12.7%+10.9%+5.3%
Depreciation7.868.208.979.8810.834.843.92
Interest11.3713.4713.098.6210.562.132.77
Profit before tax70.3025.56(41.21)54.8893.9456.6421.83
Tax17.6011.88(10.14)13.9323.8914.554.17
Net profit52.4013.66(31.11)40.9570.0442.0715.31
Net profit margin+5.9%+1.8%-5.2%+4.7%+8.0%+7.3%+3.4%
EPS (₹)14.913.87(17.58)23.1639.6323.8310.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17.6717.6717.6717.6717.6717.6717.67
Reserves & surplus405354335291252187148
Shareholders' funds (net worth)422371353309270204166
Secured loans91.6076.2967.0447.0444.295.5022.70
Unsecured loans47.2549.5681.5570.5614.560.001.06
Total debt13912614911858.855.5023.76
Total liabilities563498503428330210191
Assets
Gross block22222021611610890.4756.12
Net block15916416877.2079.4772.1842.75
Capital work in progress47.5225.4922.5219.5213.964.5619.81
Investments0.470.320.190.170.240.170.26
Inventories214209215177177117107
Sundry debtors71.6960.2774.7562.9421.2338.4547.97
Cash & bank balances11.5111.5310.496.386.028.165.58
Loans & advances20815512518013368.1173.21
Total current assets506436426426337232234
Total current liabilities14112411310411197.72106
Net working capital365312313322226134128
Total assets563498503428330210191
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.170.280.500.160.190.355.25
Net cash from operating activities20.1239.91(5.14)(36.24)(8.58)44.4626.05
Net cash from investing activities(21.50)(4.13)(11.50)(8.14)(31.66)(21.27)(20.61)
Net cash from financing activities1.36(35.90)16.4244.7340.21(23.35)(5.10)
Net change in cash(0.01)(0.11)(0.22)0.34(0.04)(0.16)0.33
Closing cash11.5111.5310.496.386.028.165.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+20.1%+23.3%-31.1%-0.4%+51.3%+29.5%-
EBITDA growth+93.4%+312.1%-129.6%-34.9%+77.3%+163.6%-
PBT growth+175.0%+9998.0%--41.6%+65.9%+159.5%-28.5%
Net income growth+283.6%+143.9%-176.0%-41.5%+66.5%+174.8%-
Revenue CAGR (3Y)+0.7%-5.4%+1.3%+25.0%+13.1%+15.7%+5.5%
EBITDA CAGR (3Y)+6.6%-25.8%-+44.9%+40.3%+50.2%+4.3%
Profitability & leverage
Net income margin+5.9%+1.8%-5.2%+4.7%+8.0%+7.3%+3.9%
Return on capital employed+18.2%+9.3%-6.6%+16.8%+38.7%+29.3%+11.7%
Return on net worth+16.7%+4.8%-10.6%+14.2%+29.6%+22.7%+9.7%
Debt / equity0.420.490.450.300.140.080.16
Long-term debt / equity0.010.010.010.010.010.000.00
Interest cover14.1636.04-42.9713.7210.473.6613.86
Efficiency & per share
Fixed asset turnover6.405.354.727.818.847.929.11
Inventory turnover4.223.513.084.955.975.184.38
Debtors turnover13.5411.028.7620.7929.4313.438.55
EPS (₹)14.913.87(17.58)23.1639.6323.8310.00
Dividend per share (₹)0.250.250.001.002.002.001.00
Book value per share (₹)96.3881.88156.23174.83152.56115.5893.97

To see the full year-wise statements and ratios of Rama Phosphates Limited, buy the company report.

Board of directors of Rama Phosphates Limited

Rama Phosphates has 7 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Brij Lal KhannaDirector08 Aug 20206 Years 2 MonthsCurrent
Haresh RamsinghaniManaging Director31 Oct 200817 Years 11 MonthsCurrent
Nilanjana Haresh RamsinghaniDirector31 Mar 201511 Years 6 MonthsCurrent
Naresh VermaDirector14 May 20251 Years 5 MonthsCurrent
Pushpangadan MangariDirector30 May 20242 Years 4 MonthsCurrent
Kishore Prabhakar SukthankerDirector30 May 20242 Years 4 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Rama Phosphates Limited is audited by Khandelwal & Mehta LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Khandelwal & Mehta LLPFY 2022W100084

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.80%.

Promoters: 75.00%FII (Foreign Institutional): 0.20%Retail & Others: 24.80%
Sep 2026
QUARTER
75.00% Promoters
0.20% FII (Foreign Institutional)
24.80% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹183.59 Cr
Satisfied charges
₹212.73 Cr
Breakdown by lending institutions
Bank of India₹175.59 Cr
Others₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jun 2026101318707Bank of India₹17.09 CrOpen
27 Nov 2024101017208Others₹8 CrOpen
07 Oct 199490217838Bank of India₹158.5 CrOpen
23 Dec 2025101213393State Bank of India₹10 CrSatisfied
28 Jul 2023100762635Canara Bank₹10.24 CrSatisfied

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

Total charge records: 51 View all charges

Deals & funding

Rama Phosphates Limited has 46 deals on record (46 market trades); the latest was in November 2025.

Total deals
46
Market trades
46

Deals on record (5 of 46)

WhenDealAmountParties
Nov 2025Market trade₹4.4 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
Oct 2025Market trade₹3.32 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
Oct 2025Market trade₹17.7 CrBuyer: D3 Stock Vision LLP , Yuga Stocks & Commodities Private Limited , NK Securities Research Private Limited
Seller: D3 Stock Vision LLP , Yuga Stocks & Commodities Private Limited , NK Securities Research Private Limited
Mar 2020Market trade₹20 LakhSeller: Ojas Consulting Private Limited
Sep 2016Market trade₹11.44 CrBuyer: Jupiter Corporate Services Private Limited
Seller: an individual

To see the full deal history of Rama 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

Rama Phosphates Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 91 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 91)

SupplierAmount dueDue sinceReported on
Unitech Technocrats Private Limited
Maatoshree Enterprises
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Rama Phosphates Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Rama Phosphates Limited has a workforce of 567 employees on its EPFO records as of Apr 07, 2024, across 5 active EPFO establishments.

Employee count
567
Active EPFO establishments
5
Employee growth
-3.9%

GST

Rama Phosphates has 17 GST registrations: 13 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
17
Active
13
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AAACR7191Q1ZMMaharashtraActive01 Jul 2017
27AAACR7191Q2ZLMaharashtraActive07 Jul 2017
27AAACR7191Q3ZKMaharashtraActive01 Mar 2022
08AAACR7191Q1ZMRajasthanActive01 Jul 2017

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

Recent activity

Rama Phosphates Limited has 50 board changes on record since 2000: 29 appointments and 21 cessations. The latest: Naresh Verma was appointed as Director on 14 May 2025.

Charges
A charge with Bank Of India amounted to Rs. 17.09 Cr with Charge ID 101318707 was registered on 16 Jun 2026.
Charges
A charge registered on 23 Dec 2025 via Charge ID 101213393 with State Bank Of India was fully satisfied on 07 Apr 2026.
Filing
Rama Phosphates Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Bank Of India of Rs. 158.50 Cr registered on 07 Oct 1994 with Charge ID 90217838 was modified on 18 Mar 2026.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 101213393 was registered on 23 Dec 2025.
AGM
Rama Phosphates Limited last Annual general meeting of members was held on 13 Aug 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 8.00 Cr registered on 27 Nov 2024 with Charge ID 101017208 was modified on 23 Jun 2025.
Appointed
Naresh Verma was appointed as Director.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101017208 was registered on 27 Nov 2024.
Charges
A charge registered on 12 Jun 2017 via Charge ID 100110233 with Syndicate Bank was fully satisfied on 14 Nov 2024.
Ceased
Kailasam Raghuraman ceased to be Director.
Ceased
Ashish Kumar Thakur ceased to be Director.

163 earlier events are in the company report.

Frequently asked questions

Rama Phosphates is an active public limited company based in Mumbai, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 03 September 1984 (42+ years old) and is registered under CIN L24110MH1984PLC033917. Listed on BSE: 524037 and NSE: RAMAPHO.

Rama Phosphates reported revenue of ₹893.04 Cr for FY 2025-26 (up 20.1% YoY) based on standalone financials.

Rama Phosphates has 7 current directors:

The latest financial statements of Rama Phosphates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Rama Phosphates is 27AAACR7191Q1ZM, registered in Maharashtra. The company has 17 GST registrations in all, of which 13 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACR7191Q2ZL (Maharashtra), 27AAACR7191Q3ZK (Maharashtra), 08AAACR7191Q1ZM (Rajasthan).

The CIN (Corporate Identification Number) of Rama Phosphates is L24110MH1984PLC033917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Rama Phosphates is listed on both BSE (code: 524037) and NSE (symbol: RAMAPHO).

Rama Phosphates has 106 court cases on record: 69 filed by the company and 37 filed against it. 17 are pending. Most are in the high courts.

Rama Phosphates was incorporated on 03 September 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.

Rama Phosphates has 46 deals on record (46 market trades); the latest was in November 2025.

Naresh Verma was appointed as Director on 14 May 2025. Kailasam Raghuraman ceased to be Director on 24 Sep 2024. Ashish Kumar Thakur ceased to be Director on 11 Aug 2024. Rama Phosphates has 50 board changes on record in total.