Krishana Phoschem Q1 FY27 Net Profit Up 54% YoY

The document contains the transcript of Q1 FY27 Earnings Conference Call organized by Krishana Phoschem Limited on July 14, 2026 at 4:00 PM IST.
The event was an earnings conference call to discuss quarterly results and provide business updates, with management participants including Mr. Praveen Ostwal (Managing Director) and Mr. Anil Sharma (Company Secretary).
The transcript was filed with National Stock Exchange of India Ltd. pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company indicated that some statements during the call might be forward-looking in nature involving risks and uncertainties.

Q1 FY27 Financial Results: Revenue from operations stood at ₹532 crore (35% YoY growth), EBITDA at ₹89 crore (36% YoY growth), Profit After Tax at ₹47 crore (54% YoY growth), and EPS at ₹1.52 compared to ₹0.99 in Q1 FY26.
Operational Metrics: Achieved fertilizer production of 89,747 metric tonnes with 43% capacity utilization of NPK-DAP unit and 121% capacity utilization of SSP unit.
Business Segments: Trading revenue was ₹173 crore with 7-8% EBITDA margin, while manufacturing business achieved approximately 16% EBITDA margin.
Capacity Expansion: The company successfully expanded NPK-DAP capacity by 165,000 MT to total 495,000 MT and executed a 5-for-1 stock split to enhance market liquidity.

Product Portfolio Expansion: Introduced new NPK variants (12:32:16, 16:20:0:13, 15:15:15, 8:21:21, and 9:24:24) to cater to diverse crop nutrient requirements.
Growth Guidance: Management confirmed expectations of 30-35% revenue growth for FY27 and potential to achieve quarterly revenue exceeding ₹500 crore in remaining quarters.
Green Ammonia Agreement: Signed a 10-year 70,000 MTPA Green Ammonia Agreement with SECI expected to commence in FY29, providing long-term raw material cost advantages.

Macro Environment: Challenging quarter due to global supply disruptions, elevated raw material prices, and geopolitical uncertainties affecting West Asia shipping routes.
Monsoon Impact: Initial 40% rainfall deficit in June affected Kharif sowing, but significant recovery in early July improved agricultural outlook.
Government Support: Benefited from increased Minimum Support Prices for Kharif crops and continued Nutrient Based Subsidy framework support.

Management addressed questions on revenue growth sustainability, capacity utilization improvements, product mix optimization, and margin expansion drivers.
Explained that PAT margin decline QoQ (11% to 8.9%) was due to increased depreciation (₹8.7 crore to ₹13 crore) and finance costs (₹13 crore to ₹20 crore) from new capacity commissioning.
Discussed raw material cost pressures, particularly sulfur prices increasing from ₹65,000-70,000 to ₹1 lakh per tonne due to geopolitical issues.

The transcript was made available on the company's website at the provided link.
The document contained detailed financial data and operational metrics as part of the earnings discussion.
No specific mention of UPSI (Unpublished Price Sensitive Information) disclosure restrictions in the call.