Read the quarter in context.
A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹756 Cr
verification pending
Revenue YoY
59.8%
reported change
EBITDA
₹90 Cr
latest reported figure
Source
manual review required
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Krishana Phoschem delivered a record Q4 FY26 with revenue of ₹756 Cr (+59.8% YoY) and PAT of ₹83 Cr (+54.9% YoY), driven by strong Rabi demand, higher volumes, and operating leverage. Full-year revenue hit ₹2,418 Cr (+78% YoY) with EBITDA of ₹298 Cr (+62% YoY). The company completed a 50% NPK capacity expansion to 4.95 lakh MTPA and signed a 10-year green ammonia offtake agreement. Management guided for ~40% revenue growth in FY27 from new capacity and expects margins to remain under pressure in Q1 due to input cost pass-through, but recover thereafter. Key risk: sustained high sulfur/ammonia prices could compress margins if MRP hikes lag.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects ~40% revenue growth in FY27, driven by new capacity and trading, implying topline of ~₹3,400 Cr.
- Margins expected to be under pressure in Q1 FY27 due to input cost pass-through, but should recover in subsequent quarters.
- Management expects to increase MRP by 25-30% to offset higher input costs, with NBS support already announced.
- 10-year green ammonia offtake agreement under National Green Hydrogen Mission; supply expected to start in ~3 years.
Risks flagged
- Sulfur and ammonia prices have risen sharply; if MRP hikes lag, margins could compress, especially in Q1 FY27.
- Receivables increased to ~100 days due to subsidy dues and trading imports; cash flow turned negative in FY26.
- Skymet forecasts monsoon at 94% of LPA vs 106% last year; could impact fertilizer demand if drought occurs.
- Trading margin of ~3% may be wiped out by interest costs (6-7.5%), making the segment unprofitable.
Key quotes
- We hope this current year we'll be able to show a growth of more than 40% in all parameters.
- There can be a slight pressure of margins in the first quarter but then we don't be any margins in the coming quarters at the later part of the year because then we will be passing on the cost to the farmers as well.
- Import is being done to facilitate our consumer not to earn profit.
Research modules