PARADEEP2023-01-012023-03-31 PARADEEP2023-01-012023-03-31 PARADEEP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member PARADEEP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member PARADEEP2023-03-31 PARADEEP2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PARADEEP2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PARADEEP2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PARADEEP2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543530 PARADEEP NOTLISTED Paradeep Phosphates Limited Equity 2022-04-01 2023-03-31 2023-05-17 2023-05-08 INR Crores Yearly 11:30:00 13:45:00 2023-05-17 2023-05-17 true Cash Flow Indirect Declaration of unmodified opinion Single segment FERTILIZER 2023-01-01 2023-03-31 Audited Consolidated 36439400000.00 696800000.00 37136200000.00 28976400000.00 429600000.00 432000000.00 546600000.00 797600000.00 504700000.00 5148700000.00 36835600000.00 300600000.00 0.00 300600000.00 142100000.00 63800000.00 205900000.00 0.00 94700000.00 0.00 0.00 0.00 5100000.00 99800000.00 -5400000.00 94400000.00 0.00 0.00 8145000000.00 10 0.18 0.18 0.00 0.00 0.18 0.18 0.00 0.00 0.00 1. The above consolidated financial results of Paradeep Phosphates Limited (“the Company”) and its associate (Zuari Yoma Agri Solutions Limited) have been prepared in accordance with Indian Accounting Standards (“Ind AS”) prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) read with the relevant rules thereunder and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. During the year ended 31 March 2023, the Company has completed its Initial Public Offer (‘IPO’) of 357,555,112 equity shares of face value of Rs. 10 each at an issue price of Rs. 42 per share, comprising fresh issue of 239,047,619 equity shares and offer for sale of 118,507,493 equity shares by selling shareholders. The equity shares of the Company were listed on BSE Limited ( BSE ) and National Stock Exchange of India Limited ( NSE ) on 27 May 2022. 3. The figures for the quarter ended 31 March 2023 is the balancing figure between audited figures in respect of the financial year ended 31 March 2023 and un audited figures for the period from 1 April 2022 to 31 December 2022. 4. The Company’s operations fall within a single business segment “Fertilisers and Other Trading Materials”. Hence, no separate segment information is disclosed. 5. The subsidy rates for Phosphatic fertilizers under Nutrient Based Subsidy Scheme for the quarter / year have been recognized based on management's estimate, pending finalization by the Government of India. 6. On 1 June 2022, the Company completed the acquisition of Goa plant and allied business of Zuari Agro Chemicals Limited (ZACL) on a slump sale basis. The fair value of assets and liabilities acquired has been determined in accordance with Ind AS 103 'Business Combinations'. The excess of consideration paid over identifiable assets and liabilities taken over has been recognised as goodwill. The above financial results for the year ended 31 March 2023 include the results of the acquired business for the period starting from 1 June 2022 and hence are not comparable with the previous year. 7. The Board of Directors has recommended a dividend of 5% i.e. Rs 0.50 per equity share of Rs. 10 each fully paid up. 8. The above consolidated financial results were reviewed by the audit committee and approved by the Board of Directors in their respective meetings held on 17 May 2023. Single segment 2022-04-01 2023-03-31 Audited Consolidated 133407200000.00 910700000.00 134317900000.00 104397000000.00 1822600000.00 -87800000.00 2132000000.00 2912400000.00 1751500000.00 17133500000.00 130061200000.00 4256700000.00 0.00 4256700000.00 996300000.00 223600000.00 1219900000.00 0.00 3036800000.00 0.00 0.00 0.00 5000000.00 3041800000.00 4400000.00 3046200000.00 0.00 0.00 8145000000.00 10 0.00 3.90 3.90 0.00 0.00 3.90 3.90 0.01 0.01 0.02 Other expenses 5148700000.00 Other expenses 17133500000.00 27957100000.00 6968600000.00 161900000.00 580700000.00 17800000.00 31500000.00 0.00 0.00 590000000.00 590000000.00 110700000.00 36418300000.00 22376800000.00 0.00 36897400000.00 430300000.00 668200000.00 0.00 3371800000.00 41367700000.00 6404800000.00 70149300000.00 2300000.00 106569900000.00 8145000000.00 26902000000.00 35047000000.00 35047000000.00 6279300000.00 18000000.00 6297300000.00 237900000.00 1077800000.00 7613000000.00 40199900000.00 19124600000.00 2400300000.00 61724800000.00 1155500000.00 900100000.00 129500000.00 63909900000.00 71522900000.00 106569900000.00 2515200000.00 1474900000.00 -24237500000.00 0.00 0.00 0.00 0.00 -403300000.00 0.00 -7442600000.00 0.00 -52400000.00 0.00 1751500000.00 0.00 -688300000.00 0.00 0.00 0.00 258400000.00 0.00 98700000.00 0.00 0.00 0.00 -9300000.00 0.00 282100000.00 0.00 -26650000000.00 -22393300000.00 0.00 0.00 0.00 1373600000.00 0.00 -23766900000.00 0.00 5370000000.00 0.00 0.00 0.00 0.00 0.00 0.00 3800000.00 4361800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 89100000.00 0.00 5452000000.00 0.00 -4186900000.00 0.00 0.00 9750700000.00 0.00 0.00 0.00 0.00 0.00 149390400000.00 133962000000.00 0.00 0.00 0.00 2173400000.00 0.00 0.00 23005700000.00 -4948100000.00 0.00 -4948100000.00 5378400000.00 430300000.00 Re-measurement gains/(losses) on defined benefit plans 500000.00 Re-measurement gains/(losses) on defined benefit plans 9200000.00 500000.00 9200000.00 500000.00 2300000.00 Exchange differences on translation of foreign operations -5400000.00 Exchange differences on translation of foreign operations -2500000.00 -5400000.00 -2500000.00 0.00 0.00