Not registered yet? Get a free account.

Sign Up
search icon cancel icon

INDIAN POTASH LIMITED

www.indianpotash.org
Active
Updated: 21 Oct 2024

Indian Potash Limited, is an unlisted public company incorporated on 17 June, 1955. It is classified as a public limited company and is located in Chennai, Tamil Nadu. It's authorized share capital is INR 61.20 cr and the total paid-up capital is INR 28.60 cr.

Indian Potash Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 39.29% over the previous year. At the same time, it's book networth has increased by 16.03%.

Read more

Industry

Mining and Quarrying
Products
  • IPL Dairy Fresh milk powder, Ghee, Fertilizer., Feeds
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-37.14%
₹ 20,946.4
EBITDA
-63.15%
₹ 397.5
Net Profit
3.44%
₹ 777.3
Networth
14.18%
₹ 6,183.6
Borrowings
15.41%
₹ 4,574.7
Assets
-13.77%
₹ 13,301.9
Gross Margin
3.29
13.9 %
Operating Margin
-1.34
1.9 %
Net Profit Margin
1.32
3.5 %
Return on Equity
-1.31
12.6 %
ROCE
-17.34
7.0 %
Debt to Equity
0.01
0.7
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (199)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOW ROCE
  • CASH DETERIORATING
  • REVENUE BELOW AVERAGE
Low Risk
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 11,102.6 16,303.9 18,503.5 33,323.0 20,946.4
Operating profit -2,747.9 685.0 774.4 1,078.7 397.5
Net profit 350.6 570.1 615.1 751.5 777.3
Gross margin -4.0 19.0 15.6 10.6 13.9
Operating margin -24.8 4.2 4.2 3.2 1.9
Net margin 2.4 3.4 3.3 2.2 3.5
Networth 3,505.4 4,068.6 4,667.6 5,415.7 6,183.6
Borrowings 3,672.9 2,660.1 5,544.5 3,963.8 4,574.7
Assets 11,422.3 9,946.5 19,758.8 15,426.0 13,301.9
Debt to equity 1.1 0.7 1.2 0.7 0.7
Current ratio 1.2 1.3 1.1 1.3 1.5
ROE 10.0 14.0 13.2 13.9 12.6
Days payable 109.0 67.0 202.0 66.0 42.0
WC days 45.0 37.0 44.0 33.0 58.0
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 28.6 28.6 28.6 28.6 28.6
Reserves 3,476.8 4,040.0 4,639.0 5,387.1 6,155.0
Borrowings + 3,672.9 2,660.1 5,544.5 3,963.8 4,574.7
Long term borrowings 97.5 69.1 47.8 124.6 125.0
Short term borrowings 3,575.4 2,591.0 5,496.6 3,839.2 4,449.7
Trade payables + 3,449.8 2,420.0 8,624.9 5,361.3 2,088.3
Days payable 109.0 67.0 202.0 66.0 42.0
Other liabilities + 4,243.9 3,217.8 9,546.7 6,046.6 2,543.6
Other non-current liabilities 66.6 51.8 68.0 87.1 98.1
Other current liabilities 727.5 745.9 853.8 598.2 357.2
Total liabilities 11,422.3 9,946.5 19,758.8 15,426.0 13,301.9
Fixed Assets + 951.9 1,056.2 1,144.6 1,245.0 1,443.6
Tangible assets 931.7 871.8 880.9 1,220.4 1,226.6
CWIP 20.1 184.4 262.5 23.7 216.3
Intangible assets - - 1.1 0.9 0.7
LT loans and advances 53.7 25.0 25.0 23.6 23.6
Other non-current assets 1,281.4 1,471.5 1,397.5 1,372.3 1,590.6
Current assets + 9,135.4 7,393.8 17,191.7 12,785.1 10,244.1
Inventories 2,568.0 2,632.1 6,067.0 4,012.9 3,791.8
Trade receivables 5,402.0 3,066.6 1,900.2 5,454.4 3,669.8
Cash and cash equivalents 542.1 1,156.2 4,927.2 1,213.3 610.4
ST loans and advances - - - - 4.3
Other current assets 623.3 538.8 4,297.3 2,104.6 2,168.0
Total assets 11,422.3 9,946.5 19,758.8 15,426.0 13,301.9
chart icon

Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 11,102.6 16,303.9 18,503.5 33,323.0 20,946.4
Sales growth % -28.04 46.85 13.49 80.09 -37.14
Expenses + 14,156.2 15,821.1 17,893.6 32,987.8 20,993.4
Cost of goods 11,549.8 13,202.8 15,618.3 29,796.8 18,041.6
Employee cost 89.5 90.6 97.5 113.9 129.9
Other costs 2,211.3 2,325.5 2,013.3 2,333.6 2,377.5
Operating profit + -2,747.9 685.0 774.4 1,078.7 397.5
Operating margin % -24.8 4.2 4.2 3.2 1.9
Other income 3,584.7 277.2 211.9 687.7 1,087.2
Interest 253.8 151.1 118.1 695.8 383.8
Depreciation 51.9 51.2 46.4 47.7 60.7
Exceptional items - - - - -
Profit before tax 531.1 759.9 821.9 1,023.0 1,040.3
Tax 180.6 189.9 206.8 271.5 262.9
Profit - disc. ops - - - - -
Net profit 350.6 570.1 615.1 751.5 777.3
Net margin % 2.4 3.4 3.3 2.2 3.5
chart icon

Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.1 0.7 1.2 0.7 0.7
Net Debt/Equity 0.9 0.4 0.1 0.5 0.6
Total Debt/Assets 0.3 0.3 0.3 0.3 0.3
Total Assets/Equity 3.3 2.4 4.2 2.9 2.1
Liquidity +
Current Ratio 1.2 1.3 1.1 1.3 1.5
Quick Ratio 0.8 0.8 0.7 0.9 0.9
Interest Coverage -10.8 4.5 6.5 1.6 1.0
Performance
Gross Margin -4.0 19.0 15.6 10.6 13.9
Operating Margin -24.8 4.2 4.2 3.2 1.9
Net Margin 2.4 3.4 3.3 2.2 3.5
Return +
Return on Equity 10.0 14.0 13.2 13.9 12.6
Pre-tax ROCE -119.9 23.5 21.7 24.4 7.0
Return on Assets 3.1 5.7 3.1 4.9 5.8
Pre-tax ROIC -42.2 11.4 13.8 12.6 3.3
Efficiency +
Days Payable 109.0 67.0 202.0 66.0 42.0
Days Inventory 81.0 73.0 142.0 49.0 77.0
Days Receivable 178.0 69.0 37.0 60.0 64.0
Fixed Asset Turnover 11.7 15.4 16.2 26.8 14.5
Total Asset Turnover 1.0 1.6 0.9 2.2 1.6
Working Capital
Cash Conversion Cycle 150.0 75.0 -23.0 43.0 99.0
Working Capital Days 45.0 37.0 44.0 33.0 58.0
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

State Bank of India

No. of Loans: 1

Total Amount : 12,100.0 cr

2

Axis Bank Limited

No. of Loans: 1

Total Amount : 187.5 cr

3

HDFC Bank Limited

No. of Loans: 1

Total Amount : 128.0 cr

4

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 100.0 cr

chart icon

Charges

State Bank of India
Axis Bank Limited
HDFC Bank Limited
Kotak Mahindra Bank Limited

People

Designation Name DIN/PAN Tenure
Nominee Director Rakesh Kapur 00007230 3 years
Nominee Director Udai Shanker Awasthi 00026019 32 years
Managing Director Parvinder Singh Gahlaut 00049401 28 years
Director Sudhir Bhargava 00247515 4 years
Nominee Director Dileepbhai Nanubhai Sanghani 00639824 7 years
Director Manish Gupta 01335184 1 years
Nominee Director Pankaj Kumar Bansal 05197128 3 years
CS Girish Kumar <HIDDEN> 4 years
Director Kamal Dayani 05351774 1 years
Director Vandana Chanana 07238012 4 years
CFO Rajagopalan Srinivasan <HIDDEN> 5 years
Director Sonny Sebastian Cheruvallathu 08065753 1 years
Director Arvind Kumar Kadyan 09264784 4 years
Director Manoj Kumar Jain 10690782 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
THE FERTILISER ASSOCIATION OF INDIA.
Active
0.0 3 Delhi
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED
Active
287.8 Cr 2 Delhi
IFFCO KISAN LOGISTICS LIMITED
Active
70.1 Cr 2 Delhi
CN IFFCO PRIVATE LIMITED
Active
50.0 Cr 1 Chandigarh
IFFCO KISAN SEZ LIMITED
Active
126.4 Cr 2 Delhi
NCDEX E MARKETS LIMITED
Active
35.6 Cr 1 Maharashtra
IFFCO KISAN FINANCE LIMITED
Active
327.8 Cr 3 Delhi
NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LIMITED
Active
50.7 Cr 1 Maharashtra
IFFCO-MC CROP SCIENCE PRIVATE LIMITED
Active
41.2 Cr 1 Delhi
IFFCO EBAZAR LIMITED
Active
51.0 Cr 2 Delhi
IPL SUGARS AND BIOFUELS LIMITED
Active
1.0 Cr 1 Delhi
IPL GUJARAT PORT LIMITED
Amalgamated
1.0 Cr 1 Tamil Nadu
SRI KRISHNA FERTILISERS LIMITED
Amalgamated
32.1 L 1 Bihar
GOLDLINE MILKFOOD AND ALLIED INDUSTRIES LIMITED
Amalgamated
6.9 L 1 Haryana
KAJARIA CERAMICS LIMITED
Active
15.9 Cr 1 Haryana
EXTO INDIA TECHNOLOGY PRIVATE LIMITED
Active
2.0 Cr 1 Haryana
GUJCO NAFED AGRO PRIVATE LIMITED
Active
1.0 L 1 Gujarat
TRIUMPH OFFSHORE PRIVATE LIMITED
Active
646.3 Cr 1 Gujarat
SIKKIM IFFCO ORGANICS LIMITED
Active
17.4 Cr 1 Delhi
NEW AGE STRATFIN ADVISORS PRIVATE LIMITED
Active
1.0 L 1 Delhi
NEW AGE FINANCIAL ADVISORY PRIVATE LIMITED
Active
14.0 Cr 1 Delhi
TAMILNADU ADVANCE MANUFACTURING CENTRE OF EXCELLENCE PRIVATE LIMITED
Active
10,000.0 1 Tamil Nadu
INFRASTRUCTURE FINANCE COMPANY GUJARAT LIMITED
Active
2.5 Cr 1 Gujarat
GUJARAT FIBRE GRID NETWORK LIMITED
Active
10.0 L 1 Gujarat
DIAMOND RESEARCH AND MERCANTILE CITY LIMITED
Active
100.0 Cr 1 Gujarat
GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED
Active
79.7 Cr 1 Gujarat
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LIMITED
Active
146.9 Cr 1 Gujarat
BAREILLY SMART CITY LIMITED
Active
372.0 Cr 1 Uttar Pradesh

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
IPL SUGARS AND BIOFUELS LIMITED Delhi 2011 ₹ 1.0 Cr

Registered Details

CIN

U14219TN1955PLC000961

PAN

AAACI0888H

Incorporation

1955, 69.8 years

Company Email

girish.kumar@potindia.com

Paid up Capital

₹ 28.6 Cr

Authorised Capital

₹ 61.2 Cr

AGM

Aug 2024

Type

Public
Non-government Company

FAQ - INDIAN POTASH LIMITED

What is the incorporation date of INDIAN POTASH LIMITED?

plus icon

The incorporation date of INDIAN POTASH LIMITED is 17 June, 1955

What is the authorized share capital of INDIAN POTASH LIMITED?

plus icon

The authorized share capital of INDIAN POTASH LIMITED is INR ₹ 61.2 Cr.

What is the paid-up capital of INDIAN POTASH LIMITED?

plus icon

The paid-up capital of INDIAN POTASH LIMITED is INR ₹ 28.6 Cr.

What is the registered address of INDIAN POTASH LIMITED?

plus icon

The registered address of INDIAN POTASH LIMITED is SEETHAKATHI BUSINESS CENTRE 1ST FLOOR ,684-690, ANNASALAI CHENNAI Tamil Nadu - 600006

What is the CIN number of INDIAN POTASH LIMITED?

plus icon

The CIN number of INDIAN POTASH LIMITED is U14219TN1955PLC000961.

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More