New Delhi: Paradeep Phosphates shares are expected to turn out to be a Multibagger as brokerage firm Elara Capital has initiated a Buy rating on the stock. The brokerage’s bullish stance comes after the company declared its Q3 2025-26 Results. The stock traded with 3.30 per cent loss at Rs 126.75 apiece at the time of writing this article on Thursday (5 February 2026).
Elara Capital said Paradeep Phosphates December quarter results were marginally weaker than expectations. The rise in raw material costs put pressure on EBITDA growth, it added. The firm’s manufactured phosphatic fertiliser volume jumped 11 percent year-on-year, and the company is still operating at peak capacity. The stock is trading 42 percent below its 52-week high.
The brokerage has projected Paradeep Phosphates share price to register a significant jump, saying the company is making heavy investments in capacity expansion. A large part of this will become commercially operational in FY29, which could lead to more than 50 percent growth in EBITDA by FY30 compared to FY28, it informed.
The brokerage predicted EBITDA to not change much because the existing capacity is fully utilised, and the benefit from the 0.2 million-ton phosphoric acid plant will be offset by lower profitability in the urea business, which is affected by the end of special incentives.
What is the Paradeep Phosphates share target price?
Initiating a Buy rating on Paradeep Phosphates shares, Elara Capital said the current valuation 10.3x TTM EPS of Rs 12.8 already reflects slower earnings and provides a sufficient margin of safety for investors. While advising the investors to buy the Paradeep Phosphates stock, the brokerage raised the share target price to Rs 247, based on H1FY28E EV/EBITDA of 11.5x.
Paradeep Phosphates share history
Over the past one month, the Paradeep Phosphates share declined 20 per cent, iin the last six months, the stock weakened by about 44 percent, while over the past year it has gained 14.42 percent.
Previous Close: 131.05
Open: 131.15
High: 131.15
Low: 125.50
VWAP: 127.01
52 Wk High: 234.05
52 Wk Low: 83.35
Upper Price Band: 157.25
Lower Price Band: 104.85
Price Band: 20%
TTQ (Lakh): 3.59
Turnover (Cr.): 4.55
2W Avg Qty`(Lakh): 3.42
Mcap Full (Cr.): 13,156.26
Mcap FF (Cr.): 5,628.39
EPS (TTM): 8.11 / 15.61 (Standalone / Consolidated)
CEPS (TTM) – / 20.75 (Standalone / Consolidated)
PE – / 8.12 (Standalone / Consolidated)
ROE / PB – / –
Face Value: 10.00
Category Listed
Group / Settlement Type A /T+1
Index BSE 500
Basic Industry Fertilizers
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