What we do Balaji Phosphates Ltd manufactures phosphate-based fertilizers like Single Super Phosphate, Zinc Sulphate, and NPK blends enhancing soil and crop growth for Indian farmers. |
Founded in 1,996 |
Market share A key player in India's phosphate fertilizer sector with diverse products serving multiple states; listed publicly since 2025. |
Problem solved Addresses soil nutrient deficiencies including phosphorus, zinc, and balanced NPK to boost agricultural productivity. |
Top clients or who we serve Supplies retailers, wholesalers, and cooperative societies serving farmers in Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh (B2B, B2C). |
Key management Promoted by Mr. Mohit Airen and Mr. Alok Gupta with extensive industry experience. |
Our journey and innovations Incorporated in 1996, transitioned to a public limited company in 2023; produces fortified fertilizers with zinc and boron addressing soil health. |
Where we operate Primarily serves central and southern Indian states including Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, Andhra Pradesh. |
Top products or what we offer Single Super Phosphate (powder & granulated), Zinc Sulphate (21%), NPK Granulated and Mixed Fertilizers under 'RATNAM' and 'BPPL' brands. |
Top brands RATNAM and BPPL - recognized regional fertilizer brands with strong farmer acceptance and quality compliance. |
Raw materials needed Rock Phosphate (imported CRP and local BRP), Sulphuric Acid sourced locally, key for fertilizer production. |
Raw materials supplier Imports from Jordan, Morocco, Egypt, Gulf countries; local suppliers for BRP and Sulphuric Acid in Madhya Pradesh. |
Recurring vs cyclical contribution Revenue mainly recurring from continuous fertilizer sales aligned with agricultural cycles. |
Our industry position Established niche in phosphate fertilizers within India; transitioning into a publicly-listed entity to expand footprint. |
Financial highlights Consolidated revenue Rs.126.52 crore; net profit Rs.7.92 crore for fiscal 2024-25; steady growth with expanding margins. |
Geographical revenue split Revenue primarily from Indian states Madhya Pradesh, Maharashtra, Telangana, Andhra Pradesh, Chhattisgarh. |
Order book - |
Whats driving growth Rising demand for soil nutrient fertilizers, government initiatives on balanced fertilization, and capacity expansions. |
Our future plans Post-IPO expansion, capacity optimization, and launching fortified fertilizers to increase market reach and product portfolio. |
Our green promise Committed to sustainable agricultural inputs and soil health through value-added fortified fertilizers. |
Our people and values Strong leadership supported by qualified directors; focus on governance, compliance, and employee engagement. |
Key challenges ahead Raw material import dependency, regulatory compliance, price volatility, and competition from established fertilizer firms. |
Interesting facts Converted from private to public limited in 2023; listed on NSE Emerge in 2025 with successful IPO reception. |
Risks and strategy Mitigates raw material supply risks via diverse sourcing; emphasizes regulatory compliance, internal controls, and market diversification. |
