Khaitan Chemicals & Fertilizer

What Khaitan Chemicals & Fertilizer does

Khaitan Chemicals and Fertilizers Limited is an Indian, publicly listed (BSE: KHAICHEM) manufacturer of fertilizers and industrial chemicals, headquartered in Indore and founded in 1982. Its core products are Single Super Phosphate (SSP) — a primary phosphate fertilizer — and sulphuric acid, which it produces as an upstream input for its own SSP operations, giving it a vertically integrated production chain. The company also reports involvement in soya edible oil, though no further detail is provided in the available data.

The company operates manufacturing facilities across five Indian states — Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, and Gujarat — and distributes through agricultural retail networks and direct sales to farmers and SMB buyers. Its customer base is concentrated in the agricultural vertical, addressing soil nutrient deficiency and crop yield improvement across central and northern India.

Financially, the company reported FY26 revenue of Rs 1,001.63 crore (a 39.08% year-on-year increase) with a sharp recovery in net profit from a low prior-year base. The most recent quarter, Q1 FY27, showed revenue of Rs 220.03 crore but a 49.04% year-on-year decline in net profit, indicating margin pressure. Governance remains family-led: Shri Shailesh Khaitan serves as Founder, Chairman and Managing Director, and Utsav Khaitan was re-appointed Joint Managing Director for a three-year term effective May 1, 2026. At the 44th AGM in July 2026, shareholders approved an increase in borrowing limits to Rs 800 Crores and a dividend of Re. 0.05 per share, signaling both capital-return intent and capacity for future deployment.

Name

Khaitan Chemicals & Fertilizer

Legal name

Khaitan Chemicals and Fertilizers Limited

Website

https://khaitanchemfert.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Khaitan Chemicals & Fertilizer (BSE: KHAICHEM) is an Indian manufacturer of Single Super Phosphate fertilizer and sulphuric acid, operating five production facilities across Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, and Gujarat, and selling to farmers and agricultural customers through retail networks.

Ownership category

akta.pro rank

Product category

Agricultural Fertilizers

NAICS

Phosphatic Fertilizer Manufacturing (325312), Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing (3253), Fertilizer and Compost Manufacturing (32531)

SIC

Agricultural Chemicals (2870), Chemicals & Allied Products (2800)

akta.pro primary industry

Phosphate Fertilizers (MAP, DAP, TSP, SSP) (AFABABAB)

akta.pro secondary industries

Phosphate Fertilizers (MAP/DAP/TSP) (IMAEAEAB), NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD), Specialty Phosphorus Products (Low-Salt, High-Availability P, Polyphosphates) (AFABACAH)

Keywords

• Phosphate fertilizers
• Sulphuric acid manufacturing
• Agricultural chemicals
• Crop nutrient products
• Edible oil processing

Headquarters

HQ city

Indore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Fertilizer Sales: Revenue generated from manufacturing and selling Single Super Phosphate (SSP) fertilizers and sulphuric acid to agricultural customers across India. FY26 revenue was Rs 10,031.31 crore with net profit of Rs 68.76 crore.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Khaitan Chemicals & Fertilizers Limited manufactures Single Super Phosphate (SSP) fertilizers and sulphuric acid as its core offerings, with operations spanning manufacturing facilities in Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, and Gujarat. The company also engages in soya edible oil processing as a secondary line. Products are supplied to agricultural customers and fertilizer distributors across India.

Product overview

Khaitan Chemicals & Fertilizers Limited operates as a manufacturer of fertilizers and chemicals, producing Single Super Phosphate (SSP) as its primary fertilizer product and sulphuric acid as a key chemical product. The company maintains manufacturing operations across five Indian states: Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, and Gujarat. The product portfolio centers on agricultural inputs with SSP serving direct fertilizer needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Single Super Phosphate (SSP)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves3 records

Expansion highlights1 record

Direct peers

• National Fertilizers Limited (NFL): Indian PSU producing urea and other fertilizers including SSP, serving domestic agricultural markets through a nationwide distribution system. Comparable as an Indian fertilizer manufacturer with similar product and customer overlap.
• Zuari Agro Chemicals: Indian manufacturer of DAP, urea and complex fertilizers with a Goa-based plant and pan-India distribution. Comparable as a domestically focused Indian phosphate and complex fertilizer producer serving similar agricultural customers.
• Deepak Fertilizers and Petrochemicals Corporation: Indian manufacturer of fertilizers (including SSP), nitric acid and speciality chemicals with a focus on agri and industrial inputs. Comparable to Khaitan in both fertilizer manufacturing and integrated inorganic chemicals (sulphuric/nitric acid) operations.
• Paradeep Phosphates: Indian manufacturer of DAP, NP/NPK and SSP fertilizers operating a large coastal phosphate complex and domestic distribution. Comparable to Khaitan as an Indian phosphate-fertilizer producer with overlapping SSP and NPK offerings.
• Chambal Fertilizers & Chemicals: Leading Indian manufacturer of urea and DAP with extensive manufacturing in Rajasthan and a strong agri-input distribution network. Comparable as a regional-to-national Indian fertilizer producer overlapping with Khaitan in phosphatic crop nutrients and agri-input distribution.
• Coromandel International: India's largest private-sector phosphatic fertilizer manufacturer, producing DAP, SSP, complex fertilizers and speciality nutrients with pan-India manufacturing and retail. Directly comparable to Khaitan as an SSP and phosphate-fertilizer producer serving Indian agriculture, but at materially larger scale.
• Gujarat State Fertilizers & Chemicals (GSFC): State-owned Indian fertilizer and chemicals manufacturer producing DAP, SSP, urea and industrial chemicals including sulphuric acid. Highly comparable to Khaitan across both the SSP/sulphuric-acid product set and the Indian agricultural customer base.

Broad incumbents

• Rashtriya Chemicals & Fertilizers (RCF): Large Indian PSU producing urea, DAP and complex fertilizers with extensive nationwide reach. Comparable to Khaitan in Indian fertilizer manufacturing but operates at significantly larger scale with a broader product portfolio.
• Tata Chemicals: Large Indian-listed manufacturer of soda ash, salt, fertilizers and speciality chemicals with overlapping inorganic chemicals exposure. Comparable as a broad incumbent with Indian fertilizer and inorganic-chemicals operations, though far more diversified than Khaitan.
• Indian Farmers Fertiliser Cooperative (IFFCO): India's largest fertilizer cooperative, manufacturing DAP, NPK, urea and SSP across multiple plants with deep rural distribution. Comparable as a major Indian SSP/phosphate fertilizer supplier serving the same farmer customer base, though materially larger and cooperative-owned.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Khaitan Chemicals & Fertilizer