scorecardresearchElara Capital sees a 57% upside in this recently listed agrochemical player; here's why

Elara Capital sees a 57% upside in this recently listed agrochemical player; here's why

Updated: 03 Jun 2022, 04:16 PM IST
TL;DR.
  • Paradeep Phosphates is India’s third-largest phosphatic fertiliser player and is set to scale up the capacity by 50 percent to touch 1.8mn MTPA by Q2FY23E.
After capex and inorganic growth, Paradeep Phosphates will unfurl as a 2.6mn MTPA phosphatic behemoth, second only to Coromandel International (CRIN) in the private sector, said Elara Capital.

After capex and inorganic growth, Paradeep Phosphates will unfurl as a 2.6mn MTPA phosphatic behemoth, second only to Coromandel International (CRIN) in the private sector, said Elara Capital.