KRISHANAPHOSCHEM Diversified 30 Apr 2026

Krishana Phoschem Ltd — Q4 FY26

Q: What was Krishana Phoschem's revenue in Q4 FY26?

Krishana Phoschem reported revenue of ₹756 Cr in Q4 FY26, a +59.8% change year-over-year.

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.

bullish high

Revenue ₹756 Cr +59.8%

EBITDA ₹90 Cr +59.1%

PAT ₹83 Cr +54.9%

EBITDA Margin 11.9% -10bps

Duration 63 min

Read Time 1 min read

Financial stats pending filing verification

2-Minute Summary

✦ AI-Generated from Full Transcript

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.

Key Numbers

Fertilizer Production (Q4) 94,103 MT

+42% YoY

Driven by peak Rabi season demand and improved throughput.

Total Production (FY26) 3,97,263 MT

+38% YoY

Record high utilization across NPK, DAP, and SSP plants.

NPK Capacity 4,95,000 MTPA

+50% YoY

Expansion completed; benefits expected from FY27.

Trading Volume (FY26) 93,000 MT

+467% YoY

Imported other NPK variants to meet full product range demand.

Management Guidance

FY27 revenue growth of ~40%

Management expects ~40% revenue growth in FY27, driven by new capacity and trading, implying topline of ~₹3,400 Cr.

Management guidance revenue

Q1 margin pressure, recovery later

Margins expected to be under pressure in Q1 FY27 due to input cost pass-through, but should recover in subsequent quarters.

Management guidance margins

MRP increase of 25-30%

Management expects to increase MRP by 25-30% to offset higher input costs, with NBS support already announced.

Management guidance other

Green ammonia supply in 3 years

10-year green ammonia offtake agreement under National Green Hydrogen Mission; supply expected to start in ~3 years.

Management guidance ai_strategy

Key Risks

Input cost volatility

Sulfur and ammonia prices have risen sharply; if MRP hikes lag, margins could compress, especially in Q1 FY27.

high · management_commentary

Working capital strain

Receivables increased to ~100 days due to subsidy dues and trading imports; cash flow turned negative in FY26.

medium · analyst_question

Weaker monsoon risk

Skymet forecasts monsoon at 94% of LPA vs 106% last year; could impact fertilizer demand if drought occurs.

medium · analyst_question

Trading margin erosion

Trading margin of ~3% may be wiped out by interest costs (6-7.5%), making the segment unprofitable.

low · analyst_question

Notable Quotes

We hope this current year we'll be able to show a growth of more than 40% in all parameters.

Prain Odwal · Promoter and Managing Director

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.

Prain Odwal · Promoter and Managing Director

Import is being done to facilitate our consumer not to earn profit.

Pukrajar · Group Financial Advisor

Frequently Asked Questions

What was Krishana Phoschem's revenue in Q4 FY26?

Krishana Phoschem reported revenue of ₹756 Cr in Q4 FY26, representing a +59.8% change compared to the same quarter last year.

What guidance did Krishana Phoschem management give for FY27?

FY27 revenue growth of ~40%: Management expects ~40% revenue growth in FY27, driven by new capacity and trading, implying topline of ~₹3,400 Cr. Q1 margin pressure, recovery later: Margins expected to be under pressure in Q1 FY27 due to input cost pass-through, but should recover in subsequent quarters. MRP increase of 25-30%: Management expects to increase MRP by 25-30% to offset higher input costs, with NBS support already announced. Green ammonia supply in 3 years: 10-year green ammonia offtake agreement under National Green Hydrogen Mission; supply expected to start in ~3 years.

What are the key risks for Krishana Phoschem in FY27?

Key risks include Input cost volatility — Sulfur and ammonia prices have risen sharply; if MRP hikes lag, margins could compress, especially in Q1 FY27.; Working capital strain — Receivables increased to ~100 days due to subsidy dues and trading imports; cash flow turned negative in FY26.; Weaker monsoon risk — Skymet forecasts monsoon at 94% of LPA vs 106% last year; could impact fertilizer demand if drought occurs.; Trading margin erosion — Trading margin of ~3% may be wiped out by interest costs (6-7.5%), making the segment unprofitable..

Did Krishana Phoschem meet its previous quarter's guidance?

Scorecard data is being built as historical quarters are processed.

Where can I read the full Krishana Phoschem Q4 FY26 concall transcript?

The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.