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Paradeep Phosphates Limited (PARADEEP) Fair Value & Analysis

Basic Materials · IN · Market cap ₹154B (≈ $1.6B) · ISIN INE088F01024

What is Paradeep Phosphates Limited really worth?

PP Paradeep Phosphates Limited PARADEEP · BSE
Price₹156.95
Fair Value₹163.10
Upside+3.9%
Quality27/100

Below-average quality, currently priced close to our fair value of ₹163.10.

As of Aug 22, 2026, the fair value of Paradeep Phosphates Limited is ₹163.10 per share against a price of ₹156.95, so the fair value sits 4% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +26.9 %/yr)
!Thin margins · 4.6% net margin
!Low debt · negative free cash flow
!Narrow moat 41/100
Evidence: High Range ₹122.32 – ₹203.87

Fair value as of: Aug 22, 2026

From 17 valuation models · updated 15 days ago

Share price +7.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (4 years)

₹230.39 ₹37.05 Fair Value ₹163.10 May 2022 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

51‑month range ₹37.05 – ₹230.39 · fair‑value band ₹122.32 – ₹203.87 · the ₹156.95 price screens below the ₹163.10 fair value. Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Paradeep Phosphates Limited (PARADEEP) currently trades at ₹156.95, while our model-based Fair Value estimate is ₹163.10, implying the stock looks roughly 3.8% fairly valued today. The Quality Score stands at 27/100 (below-average quality), in the Basic Materials sector. Bull case: the Growth Earnings group reads highest at a median of ₹413.12 per share, and 13 of the 17 models we run sit above the ₹156.95 price. Bear case: the Asset-Based group reads lowest at ₹43.76, and 4 of the 17 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Paradeep Phosphates Limited generated revenue of ₹234B at a net margin of 4.6%. Revenue grew 63.1% year over year. It earns a return on equity of 18.4%. Net debt stands at ₹65.1B. Fundamentals as of Aug 22, 2026

Our scenario range runs from ₹122.32 (bear case) to ₹203.87 (bull case); at ₹156.95, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 32% below its 52-week high and 57% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 9% fair-value upside, at 4%, PARADEEP screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹4.50 per share, which is 3.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV best evidence ₹140.00 ₹164.06 ₹185.12 74
ROIC Compounder ₹195.46 ₹324.04 ₹400.77 69
Owner Earnings ₹76.02 ₹178.55 ₹393.80 68
All 17 models by family
DCF Models
Owner Earnings ₹76.02 ₹178.55 ₹393.80 68
Earnings-Based
Graham-Dodd ₹65.24 ₹454.97 ₹638.48 61
Lynch FV ₹235.05 ₹335.79 ₹436.52 59
PEG = 1.0 ₹235.05 ₹335.79 ₹436.52 55
EPV best evidence ₹140.00 ₹164.06 ₹185.12 74
Dividend Discount
Gordon GGM ₹8.79 ₹18.27 ₹28.99 64
DDM Multi-Stage ₹8.79 ₹15.41 ₹19.18 64
Multiples
P/E Multiple ₹122.32 ₹163.10 ₹203.87 63
P/S Multiple ₹122.32 ₹163.10 ₹203.87 58
P/B Multiple ₹122.32 ₹163.10 ₹203.87 55
EV/EBIT ₹172.48 ₹231.43 ₹290.38 66
EV/EBITDA ₹151.08 ₹202.89 ₹254.70 67
EV/Revenue ₹148.91 ₹214.59 ₹280.27 53
Asset-Based
NCAV (Graham) ₹32.66 ₹43.76 ₹65.31 54
Economic Profit
Residual Income ₹64.78 ₹88.29 ₹298.53 61
ROIC Compounder ₹195.46 ₹324.04 ₹400.77 69
Growth Earnings
Growth-Adj P/E ₹289.18 ₹413.12 ₹537.05 65

Widest divergence: Growth Earnings (₹413.12) versus Dividend Discount (₹15.41). Highest evidence: EPV (74).

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Key figures & financial health

P/E ratio 15.2
P/S ratio 0.69 P/E × margin
EPS (TTM) ₹10.32 price ÷ EPS = P/E 15.2
Dividend yield 0.6% payout 9.8%
Net margin 4.6% FY2026
Return on equity 18.4% TTM
More key figures
Profitability
Return on assets (EBIT) 7.9% avg 5y
Operating margin 10.0% TTM
Growth
Revenue (TTM) ₹234B TTM
Revenue growth (YoY) +63.1% 3y avg +17.8%
EPS growth (YoY) +20.8%
Balance sheet & cash flow
Free cash flow −₹18.8B FY2026
Net debt ₹65.1B FY2026

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 29 · Market factors (momentum, volatility) 57

Profitability 56
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Paradeep Phosphates Limited engages in the manufacture, trade, distribution, and sale of urea and complex fertilizers in India.

Full company description

Paradeep Phosphates Limited engages in the manufacture, trade, distribution, and sale of urea and complex fertilizers in India. The company offers Di-ammonium phosphate; nitrogen, phosphorus, and potassium complex fertilizers; and hydrofluorosilicic acid, phospho-gypsum, zypmite, suphuric acid, phosphoric acid, gypsum, muriate of potash, and ammonia products, as well as nutrients, such as sulphur and zinc. It sells its products through dealers and retailers under the Navratna and Jai Kisaan brand names. The company was incorporated in 1981 and is based in Bengaluru, India. Paradeep Phosphates Limited is a subsidiary of Zuari Maroc Phosphates Private Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Paradeep Phosphates Limited reported revenue of ₹218B in FY2026 versus ₹78.6B in FY2022, a compound +29.1%/yr. Reported net income was ₹10.0B in FY2026, compounding +25.8%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹218B
Latest YoY
+28.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.9%
Avg. revenue growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+40.5%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +32.9% (approximate, leans on 2026) · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+32.3%
Dividend yield0.6%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6.2% (2021) → 8.0% (2026) · rising
Worst earnings drop82% (2024) · in INR
⚠ Rate leans on 2026: that final year sits 157% above its own trend (e.g. a one-off disposal gain) and could not be adjusted
Revenue +29.1%/yr
FY22 ₹78.6B
FY23 ₹133B
FY24 ₹56.4B
FY25 ₹170B
FY26 ₹218B
Net income +25.8%/yr
FY22 ₹4.0B
FY23 ₹3.0B
FY24 ₹999M
FY25 ₹6.6B
FY26 ₹10.0B

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Cite: Fair Value Calculator (2026). "Paradeep Phosphates Limited Fair Value". https://www.fairvalue-calculator.com/stock/PARADEEP.BSE

Peer Group

Agricultural Inputs · 176 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 27 · Bottom 25%
Fair Value upside −12% · Below median
Return on equity (TTM) 18% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 63% · Top 25%
Dividend yield (TTM) 0.6% · Bottom 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 15.2× · Cheaper than median
P/B 2.27× · Pricier than median
P/S (TTM) 0.66× · Cheaper than median
EV/EBITDA 6.9× · Cheaper than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is Paradeep Phosphates Limited (PARADEEP) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of ₹163.10 versus a price of ₹156.95, about +4% upside (fairly valued).
What is the fair value of PARADEEP?
Our model-based fair value for Paradeep Phosphates Limited is ₹163.10 (as of Aug 22, 2026), built from audited fundamentals. The current price: ₹156.95.
What is the quality score of PARADEEP?
Paradeep Phosphates Limited has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Paradeep Phosphates Limited (PARADEEP)?
Our model-based price target is the fair value of ₹163.10 (as of Aug 22, 2026) from 17 valuation models. Cautious scenario ₹122.32, optimistic scenario ₹203.87. It is a calculation from audited fundamentals, not an analyst target.
What is the Paradeep Phosphates Limited stock forecast for 2026?
Our models put fair value at ₹163.10, about +4% upside versus a price of ₹156.95 (fairly valued). Cautious scenario ₹122.32, optimistic scenario ₹203.87. The calculation is refreshed regularly with new filings.
What is the revenue of Paradeep Phosphates Limited (PARADEEP)?
Paradeep Phosphates Limited reported trailing-twelve-month revenue of about ₹234B (latest available figure, as of Aug 22, 2026).
What is the net profit margin of PARADEEP?
The net profit margin of Paradeep Phosphates Limited is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does Paradeep Phosphates Limited pay a dividend?
Paradeep Phosphates Limited currently shows a dividend yield of about 0.65% relative to its recent price (as of Aug 22, 2026).
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