Rama Phosphates Ltd Reports Q1 Results; Announces Major Expansion Plans and Greenfield Project Progress

Rama Phosphates Ltd Reports Q1 Results; Announces Major Expansion Plans and Greenfield Project Progress​

Rama Phosphates Limited has announced its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting. The company also confirmed significant progress on its greenfield project in Dhule and details of planned capacity expansions at its Udaipur unit. These results were reviewed by Chartered Accountants Khandelwal & Mehta LLP.

The company reported profit from operations before exceptional items and extraordinary items of ₹2,281.23 lakhs for the quarter ended June 30, 2026. This compared to profits from operations before exceptional items and extra ordinary items of ₹2,146.32 lakhs in the same period during the previous financial year. Net profit after tax stood at ₹1,706.44 lakhs for the current quarter, up from ₹1,603.32 lakhs in the corresponding period last year.

The company operates across two business segments: Fertilizers, Micro Nutrients & Chemicals and Soya/Agri. Segment results represent the profit or loss before interest and Tax charged by each segment without allocation of central administrative costs, finance cost and other income.

Financial Performance Summary (in lakhs)​

The unaudited financial results for the quarter ended June 30, 2026 show a breakdown of performance across key areas:


The segment performance highlights are detailed below:

Operational Milestones and Future Plans​

Rama Phosphates Limited has made considerable progress regarding its environmental clearances and expansion projects. The company received Environmental Clearance (EC) from the Ministry of Environment, Forest and Climate Change (MoEFCC) for its new Greenfield project in Dhule. This clearance covers the manufacturing of 216,000 MTPA Single Super Phosphate (SSP) Fertilizer and 90,000 MTPA Sulphuric Acid, along with various Micro Nutrients, PDM / PROM / Bio Fertiliser.

Phase-I of this Greenfield project is currently at the final stage of completion, focusing on SSP Fertilizer manufacturing. Trial production for this facility is expected to commence by the end of the current quarter (September 2026). Concurrently, the setup of the MgSO4, PDM (Potash Derived from Molasses) / PROM (Phosphate Rich Organic Manure) manufacturing plant has commenced at Plot-1 in Dhule.

In addition to the greenfield project, Rama Phosphates Limited is expanding its SSP plant capacity by 65,000 MTPA at the Udaipur Unit. This expansion will bring the unit's SSP production capacity up to 3,15,000 MTPA, increasing the company's overall SSP capacity to 9,79,000 MTPA. The company is also establishing new Greenfield Granulation, Potassium Derived from Molasses (PDM), and Phosphate Rich Organic Manure (PROM) plants at the Udaipur Unit with an aggregate production capacity of 49,000 MTPA.

Credit Rating and Audit Status​

The company holds a long-term credit rating of "A-" from ICRA. The results were subjected to a Limited Review Report issued by Statutory Auditors M/s Khandelwal & Mehta LLP, Chartered Accountants.

Financial figures for the quarter ended 31 March 2026 reflect balancing figures between audited full financial year data and published unaudited year to date figures up to the third quarter of the previous financial year.

RAMAPHO Stock Price Movement​

Shares of Rama Phosphates Limited are edging higher to ₹129.76 as of 1:29 PM today, gaining 3.63% in live trading. The stock registers a volume of 24,944 shares during this upward move.