NSE: BALAJIPHOS
BALAJI PHOSPHATES LIMITED
Manufactures and sells fertilisers, which made up 79.5% of segment revenue at 135.48 crore rupees in FY26, alongside a weighing bridge, spare parts and maintenance business that contributed 20.5% (34.9974 crore rupees). The fertiliser segment generated EBIT of 16.8226 crore rupees versus 1.7474 crore rupees from the weighing bridge line, on total revenue of 170.4738 crore rupees. Raw materials are the dominant cost at 70.9% of revenue, with employee costs at 5.8% and other operating expenses at 16.6%, producing an EBITDA margin of 11.56%. Depreciation is low at 0.7% of revenue and capex ran at 7.2% of revenue during FY26. The company closed the year with total assets of 162.9475 crore rupees and net profit of 10.2241 crore rupees. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Fertilisers (80%), Weighing Bridge, Spare parts & Maintenance (21%). Manufacturing-led with a commodity fertiliser core and a smaller industrial-equipment service line
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 127 | 170 |
| EBITDA (ex other income) | 13 | 19 |
| margin % | 10.5 | 11.1 |
| Owners' profit | 0 | 10 |
| EPS, as reported (₹) | 4.34 | 4.30 |
| ROE % · ROCE % | 9.9 · 16.8 | 11.3 · 18.5 |
| Debt / equity (x) | 0.39 | 0.47 |
| Cash from operations | (36) | 5 |
| Capex | (4) | (12) |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 64 | 85 | 86 |
| Profit before tax | 5 | 11 | 4 |
| Net profit | 4 | 8 | 2 |
| EPS (₹) | 3.84 | 3.38 | 0.91 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Fertilisers | 65 | 76.1 |
| Weighing Bridge, Spare parts & Maintanance | 20 | 23.9 |
| Total, before eliminations | 86 | 100.0 |
Exhibit 4: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 9 Oct 2026 · SDD compliance certificate for Q2 FY2026 | compliance | minimal | — | — |
| 7 Oct 2026 · Regulation 57(5) compliance - no NCS dues for Q2 FY26 | compliance | minimal | — | — |
| 7 Oct 2026 · RTA Compliance Certificate under Regulation 74(5) for Sep 2026 | compliance | minimal | — | — |
| 7 Oct 2026 · Corporate governance exemption filing for Q2 FY27 | compliance | minimal | — | — |
| 30 Sept 2026 · Trading window closure for half-yearly results | compliance | minimal | — | — |
| 28 Sept 2026 · AGM 2026: All 11 resolutions passed including acquisitions and warrant issues | board shareholder meetings | low | — | — |
| 28 Sept 2026 · AGM results: all 13 resolutions passed by shareholders | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Shareholders approve 26.46 lakh warrants and 14.5 lakh equity shares | fund raising | high | — | — |
| 26 Sept 2026 · Authorised capital raised from INR 25 crore to INR 35 crore | corporate actions | medium | — | — |
| 26 Sept 2026 · Shareholders approve warrants and equity share issuance to promoter group | fund raising | medium | — | — |
How to read this document
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|---|---|---|
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.