Indian Potash Ltd
About
Even before the Green Revolution in India, Indian Potash Limited (IPL) had sown the seeds of growth in the Indian agricultural sector with its import handling, promotion, and marketing of potash. Its activities were recognised by the National Commission on Agriculture and the Sivaraman Committee on Fertilisers. The company introduced potash to farmers in remote areas of the country. The company expanded to include cattle feed, sugars, dairy, and rural warehousing in its portfolio too. Keeping the farmers in focus, IPL also plans to build a break-bulk port in the southern region of Gujarat, with an investment of 1500 cr. It has also taken responsibility for selling gold and medallions of purity to farmers who have been duped by dubious goldsmiths. With its range of fertilisers, feeds, dairy, sugar, and precious metals, IPL has touched the lives of 6 lakh farmers in cities like Ahmedabad, Jaipur, Chandigarh, and many more.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 21013 -33.2% | 31460 32.2% | 23798 36.6% | 17416 12.3% | 15514 -1.7% | 15778 14.2% | 13822 13.8% | 12141 -27.6% | 16765 1.5% | 16517 9.2% | 15119 -15.4% | 17865 -34.9% | 27432 27.8% | 21467 40.0% | 15329 -54.6% | 33760 - |
| Net Operating Income (INR Cr) | 20946 -37.14% | 33323 75.75% | 18960 10.88% | 17099 0.00% | 15299 -0.84% | 15428 16.92% | 13196 12.87% | 11691 -28.98% | 16522 5.64% | 15640 0.00% | 14894 -23.87% | 19562 -24.10% | 25773 25.73% | 20499 20.56% | 17004 -47.12% | 32155 177.36% |
| Profit (INR Cr) | 1258 -32.9% | 1874 15.9% | 1618 89.7% | 853 145.7% | 347 0.3% | 346 -1.2% | 350 -4.6% | 367 128.3% | 161 -24.0% | 212 97.1% | 107 -57.2% | 251 -22.6% | 324 -13.7% | 376 104.3% | 184 72.8% | 106 - |
| Assets (INR Cr) | 14189 15.5% | 12291 4.7% | 11739 60.0% | 7335 -1.3% | 7429 17.5% | 6325 -24.0% | 8325 7.5% | 7747 2.3% | 7572 21.8% | 6216 32.0% | 4709 -38.1% | 7606 -1.7% | 7741 104.2% | 3790 -10.5% | 4237 -10.2% | 4719 - |
| Net Worth (INR Cr) | 9516 15.5% | 8240 34.5% | 6126 35.9% | 4507 0.0% | 3500 11.8% | 3131 11.8% | 2802 14.7% | 2442 31.2% | 1865 9.1% | 1710 0.0% | 1502 7.4% | 1399 21.4% | 1152 38.5% | 832 80.9% | 460 64.7% | 279 58.6% |
| Employee Cost (INR Cr) | 130 14.0% | 114 16.9% | 98 7.6% | 91 1.2% | 90 7.9% | 83 9.8% | 76 29.3% | 58 5.3% | 56 -8.4% | 61 5.8% | 57 18.1% | 49 -9.5% | 54 -56.5% | 123 500.2% | 21 16.1% | 18 - |
| Interest Cost (INR Cr) | 384 | 696 | 118 | 151 | 254 | 284 | 151 | 148 | 511 | 268 | 421 | 573 | 521 | 493 | 188 | 259 |
| Cash & Bank Balance (INR Cr) | 614 | 1401 | 5110 | 1225 | 561 | 759 | 1223 | 254 | 101 | 1111 | 653 | 1138 | 2544 | 2007 | 428 | 647 |
| Total Debt (INR Cr) | 4575 | 3964 | 5564 | 2777 | 3868 | 2852 | 5477 | 5260 | 5700 | 4500 | 3202 | 6203 | 6584 | 2954 | 3773 | 4436 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.0% | 6.0% | 6.8% | 4.9% | 2.2% | 2.2% | 2.5% | 3.0% | 1.0% | 1.3% | 0.7% | 1.4% | 1.2% | 1.8% | 1.2% | 0.3% |
| Profit As % Of Assets | 8.9% | 15.3% | 13.8% | 11.6% | 4.7% | 5.5% | 4.2% | 4.7% | 2.1% | 3.4% | 2.3% | 3.3% | 4.2% | 9.9% | 4.3% | 2.3% |
| Profit As % Of Networth | 13.2% | 22.8% | 26.4% | 18.9% | 9.9% | 11.1% | 12.5% | 15.0% | 8.6% | 12.4% | 7.2% | 18.0% | 28.2% | 45.2% | 40.0% | 38.1% |
| Interest Cost to EBITDA % | 95.8% | 64.3% | 15.2% | 22.0% | 40.5% | 53.2% | 38.2% | 28.1% | 87.2% | 61.6% | 91.4% | 83.4% | 71.3% | 53.4% | 92.7% | 76.0% |
| Debt to Equity Ratio | 0.48 | 0.48 | 0.91 | 0.62 | 1.10 | 0.91 | 1.95 | 2.15 | 3.06 | 2.63 | 2.13 | 4.43 | 5.72 | 3.55 | 8.20 | 15.89 |
| RONW | -7.9% | -4.3% | 30.4% | 10.7% | 10.5% | 11.7% | 13.4% | 17.1% | 8.0% | 11.1% | 7.4% | 19.7% | 51.6% | 58.2% | 49.8% | 46.8% |
| ROCE | 4.8% | 10.2% | 22.6% | 12.1% | 11.4% | 10.9% | 8.4% | 9.4% | 10.5% | 8.6% | 9.4% | 11.7% | 19.3% | 28.8% | 10.5% | 16.3% |