Krishana Phoschem Ltd
KRISHANAKrishana Phoschem Ltd's earnings have outrun its stock. EPS grew +108.2% in a year against a −71.1% price move.
The sharpest disagreement: profits are rising, but only −39% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (65 weeks in) while the P/E sits at the 39th percentile of its own 9-year range. Underneath, the last four quarters read improving — profit +51.6% year on year, and −39% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Krishana Phoschem Ltd trades at ₹140, in a confirmed uptrend and 65 weeks into that stage. That is +22.2% against its own 200-day average. It sits at 1% of a 52-week range of ₹133 to ₹734. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 3 straight weeks.
Today the stock is in a confirmed uptrend — week 65 of stage 2, confirmed. At ₹140 it trades +22.2% versus its 200-day average and sits at 1% of its 52-week range (₹133–₹734).
Against the market, two honest reads. Cumulative: over the last 9.4 years the stock moved +700% while the NIFTY 500 moved +203% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 3 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 39th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Krishana Phoschem Ltd trades at 25.5× P/E, mid-range by its own standards (39th percentile). Its long-run median P/E is 28.1×, measured across 9.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 25.5× is mid-range by its own standards (39th percentile), against a long-run median of 28.1× measured over 9.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +108.2% against a −71.1% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +20.3%/yr price move, ~+47.8%/yr came from earnings growth and ~−27.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Krishana Phoschem Ltd reads as mixed on its fundamental arc. Mixed — growth is normalizing off a hyper-growth base: profit growth has eased from +126.7% at its peak to +92.2% but is still expanding, ROCE lifting at 43.5%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +78.5% | +95.6% | +66.7% | +39.1% |
| Profit | +106.9% | +88.2% | +55.2% | +68.1% |
| EPS | +108.2% | +86.4% | +50.7% | +55.6% |
| Share price | −71.1% | −14.2% | +20.3% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
64.2/100 — rank 3 of 15 in Fertilisers · 100% evidence confidence
Krishana Phoschem Ltd scores 64.2 out of 100 against the 15 companies it is compared with in Fertilisers, ranking 3. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -65.1% and the one-year return is -71.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
The four contributions add to the total exactly: 28.8 + 16.2 + 14.4 + 4.8 = 64.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Krishana Phoschem Ltd reported ₹532 Cr of revenue in the Jun 26 quarter, +34.3% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 39.1% a year. The last full year, FY26, came in at ₹2,418 Cr. The last four reported quarters add to ₹2,554 Cr.
Krishana Phoschem Ltd reported ₹532 Cr of revenue in the Jun 26 quarter, +34.3% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 39.1% a year. The last full year, FY26, came in at ₹2,418 Cr. The last four reported quarters add to ₹2,554 Cr.
FY26 revenue came in at ₹2,418 Cr (+78.5% on the year), capping 10 years at 39.1% compound. The latest quarter (Jun 26) printed ₹532 Cr, +34.3% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +78.2% growth against the decade's 39.1% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +73.3% over the last 4 quarters against +56.8%/yr over the last 8 — accelerating; TTM profit +92.2% vs +108.7%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 17.0% this quarter (+0.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Krishana Phoschem Ltd's operating margin is 17.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 12.0% to 23.0%. The current quarter sits inside that band.
Krishana Phoschem Ltd's operating margin is 17.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 12.0% to 23.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 17.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 12.0%–23.0%.
Why the margin moved: operating margin went +0.1 pp year on year while gross margin went −4.6 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +51.6% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Krishana Phoschem Ltd earned ₹47.0 Cr of net profit in the Jun 26 quarter, +51.6% year on year. It is the 7th consecutive quarter of growth. Full-year FY26 profit was ₹180 Cr. The 10-year compound rate is 68.1%. That is 8.8% of the quarter's revenue. The same quarter a year earlier earned ₹31.0 Cr.
Krishana Phoschem Ltd earned ₹47.0 Cr of net profit in the Jun 26 quarter, +51.6% year on year. It is the 7th consecutive quarter of growth. Full-year FY26 profit was ₹180 Cr. The 10-year compound rate is 68.1%. That is 8.8% of the quarter's revenue. The same quarter a year earlier earned ₹31.0 Cr.
Jun 26 profit was ₹47.0 Cr, +51.6% year on year — the 7th consecutive quarter of growth. On the full year, FY26 printed ₹180 Cr (+106.9%), and the 10-year compound rate is 68.1%.
Why profit moved: revenue contributed +34.3% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +88.6% vs revenue +78.2%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −39% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −39% of Krishana Phoschem Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−191 Cr of operating cash against ₹180 Cr of profit. After ₹112 Cr of capital spending, ₹−303 Cr was left as free cash.
FY26: operating cash of ₹−191 Cr against reported profit of ₹180 Cr, leaving free cash of ₹−303 Cr after ₹112 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −39% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −39%: the cash cycle tightened 32 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 1.9× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹189 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Krishana Phoschem Ltd's cash conversion cycle runs 126 days in FY26, down from 158 days in FY21. Capital spending ran ₹189 Cr over the last 3 years. At FY26 sales of ₹2,418 Cr each day of that cycle holds about ₹6.6 Cr, so roughly ₹835 Cr sits inside the business at any moment.
FY26: debtors at 108 days, inventory at 65 days — roughly 2.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 126 days, tighter than FY21's 158.
The full loop: cash goes out to suppliers and production on day 0; stock waits 65 days to sell; customers pay about 108 days after that; and suppliers themselves are paid at 47 days — netting out to the 126-day cycle.
In money terms: at FY26 sales of ₹2,418 Cr, each day of the cycle holds about ₹6.6 Cr — so the 126-day loop keeps roughly ₹835 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹189 Cr over the last 3 fiscal years against ₹99.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹1.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 27% and the ROIC − WACC spread is +6.7 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Krishana Phoschem Ltd earns a ROCE of 27% in FY26. That is up from a trough of 7% in FY16. Return on invested capital clears the cost of that capital by +6.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 7.4% net margin on 1.47× asset turns.
FY26 ROCE is 27%, recovered from a FY16 trough of 7% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 7.4% net margin × 1.47× asset turns × 2.93× balance-sheet leverage ≈ 31.9% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 18.7% − 12.0% = a +6.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.31.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Krishana Phoschem Ltd carries total debt of ₹733 Cr against shareholder equity of ₹561 Cr as of Jun 26, a debt-to-equity of 1.31. On the annual view that ratio went from 0.32 in FY22 to 1.31 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Jun 26: total debt of ₹733 Cr against shareholder equity of ₹561 Cr — a debt-to-equity of 1.31. On the annual view, debt-to-equity went from 0.32 (FY22) to 1.31 (FY26). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: Promoters added 1.9 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters added 1.9 points of Krishana Phoschem Ltd over 8 quarters, the biggest move on the register. That takes promoters to 72.9% of the company. Foreign institutions moved +0.3 points over the same window, to 0.4%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +1.9 points over 8 quarters to 72.9%; Foreign institutions: +0.3 points over 8 quarters to 0.4%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Why the register moved: promoters drove it (+1.9 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Krishana Phoschem Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Krishana Phoschem Ltd this page | 25.5× | ₹5,010 Cr | Mixed | |||
| Coromandel International Ltd | 31.3× | ₹58,437 Cr | Deteriorating | |||
| Fertilizers & Chemicals Travancore Ltd | 3,536.0× | ₹52,368 Cr | No read | |||
| Deepak Fertilisers & Petrochemicals Corp Ltd | 26.9× | ₹19,860 Cr | Mixed | |||
| Chambal Fertilisers & Chemicals Ltd | 8.8× | ₹17,268 Cr | Mixed | |||
| Paradeep Phosphates Ltd | 13.8× | ₹14,126 Cr | Mixed | |||
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd | 9.2× | ₹7,392 Cr | Mixed | |||
| Rashtriya Chemicals & Fertilizers Ltd | 17.3× | ₹6,853 Cr | Improving | |||
| Madhya Bharat Agro Products Ltd | 41.9× | ₹6,495 Cr | Mixed | |||
| Gujarat State Fertilizers & Chemicals Ltd | 9.2× | ₹6,159 Cr | Mixed | |||
| National Fertilizer Ltd | 16.3× | ₹3,449 Cr | No read | |||
| Southern Petrochemicals Industries Corporation Ltd | 6.3× | ₹1,322 Cr | Improving | |||
| Madras Fertilizers Ltd | 12.3× | ₹1,069 Cr | No read | |||
| Zuari Agro Chemicals Ltd | 3.1× | ₹925 Cr | Mixed | |||
| Khaitan Chemicals & Fertilizers Ltd | 8.2× | ₹475 Cr | No read |
Frequently asked questions
What is Krishana Phoschem Ltd's share price today?
Krishana Phoschem Ltd trades at ₹140, −71.1% over the past year. The company is valued at ₹5,010 Cr. The stock sits at 1% of its 52-week range of ₹133–₹734, +22.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 65 weeks in. — as of 24 July 2026.
What were Krishana Phoschem Ltd's latest quarterly results?
Krishana Phoschem Ltd reported revenue of ₹532 Cr and net profit of ₹47.0 Cr for the Jun 26 quarter. Revenue rose 34.3% and profit rose 51.6% year on year. Earnings per share were ₹1.52. The operating margin was 17.0%, 0.0 pp higher than a year earlier. — as of 24 July 2026.
What is Krishana Phoschem Ltd's revenue?
Krishana Phoschem Ltd reported revenue of ₹532 Cr in the Jun 26 quarter, +34.3% year on year. For the full FY26 fiscal year, revenue was ₹2,418 Cr (+78.5%). Over the last 10 years revenue compounded at 39.1% a year. — as of 24 July 2026.
What is Krishana Phoschem Ltd's profit?
Krishana Phoschem Ltd earned ₹47.0 Cr of net profit in the Jun 26 quarter, +51.6% year on year — the 7th straight quarter of growth. Full-year FY26 profit was ₹180 Cr. The operating margin ran 17.0% in the latest quarter. — as of 24 July 2026.
What is Krishana Phoschem Ltd's market cap?
Krishana Phoschem Ltd's market capitalisation is ₹5,010 Cr at a share price of ₹140. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Krishana Phoschem Ltd's P/E ratio?
Krishana Phoschem Ltd trades at a P/E of 25.5×, at the 39th percentile of its own 9-year range, against a long-run median of 28.1×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Krishana Phoschem Ltd pay a dividend?
Yes — Krishana Phoschem Ltd's dividend payout was 2% of profit in FY26, and it recorded a payout in 7 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Krishana Phoschem Ltd overvalued?
On its own history, Krishana Phoschem Ltd looks mid-range against its own history: its P/E of 25.5× sits at the 39th percentile of its 9-year range (long-run median 28.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Krishana Phoschem Ltd growing?
Yes — Krishana Phoschem Ltd is growing: latest-quarter revenue +34.3% year on year, profit +51.6%, and the margin +0.0 pp at 17.0%. The 10-year compound rates are 39.1% (revenue) and 68.1% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Krishana Phoschem Ltd performing?
Krishana Phoschem Ltd is in a confirmed uptrend, 65 weeks in. Its latest quarter's revenue rose 34.3% and profit rose 51.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 3 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Krishana Phoschem Ltd in?
Mixed — growth is normalizing off a hyper-growth base: profit growth has eased from +126.7% at its peak to +92.2% but is still expanding, ROCE lifting at 43.5%. The read comes from the last 12 quarters of growth (revenue growth +73.3% latest, profit growth +92.2% latest, eps growth +95.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Krishana Phoschem Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 65 of stage 2), trading +22.2% versus its 200-day average and at 1% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Krishana Phoschem Ltd beating the market?
On recent form, yes — Krishana Phoschem Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 3 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 9.4 years the stock moved +700% against the NIFTY 500's +203% — ahead of the index over the full window. — as of 24 July 2026.
Will Krishana Phoschem Ltd's share price go up?
This page publishes no price forecast for Krishana Phoschem Ltd. What it measures instead: the share price is ₹140, the price is in a confirmed uptrend 65 weeks in. Its P/E of 25.5× sits at the 39th percentile of its own 9-year range. — as of 24 July 2026.
Who owns Krishana Phoschem Ltd?
Promoters hold 72.9% of Krishana Phoschem Ltd, foreign institutions 0.4%, domestic institutions 0.0% and the public 26.7% (latest quarter). The biggest move on the register over the last two years: Promoters added 1.9 points over 8 quarters. — as of 24 July 2026.
Does Krishana Phoschem Ltd have too much debt?
It carries real leverage — Krishana Phoschem Ltd's debt-to-equity is 1.31, and operating profit covers the interest bill 8×. FY26 borrowings were ₹733 Cr against equity of ₹561 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Krishana Phoschem Ltd's capex?
Krishana Phoschem Ltd spent ₹189 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹112 Cr, with ₹1.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Krishana Phoschem Ltd's cash flow?
Krishana Phoschem Ltd generated ₹−191 Cr of operating cash flow in FY26 and ₹−303 Cr of free cash flow after ₹112 Cr of capital spending. Reported profit that year was ₹180 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Krishana Phoschem Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −39% of Krishana Phoschem Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−191 Cr against reported profit of ₹180 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Krishana Phoschem Ltd in its business cycle?
Krishana Phoschem Ltd's FY26 operating margin was 12.0%, against a 13-year band of 12.0%–23.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 17.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Krishana Phoschem Ltd story?
The sharpest disagreement: profits are rising, but only −39% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Krishana Phoschem Ltd a stock worth studying right now?
This is not investment advice. The machine read: Krishana Phoschem Ltd's earnings have outrun its stock. EPS grew +108.2% in a year against a −71.1% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.