Krishana Phoschem Limited — Earnings Release 2021

Jun 12, 2021

GSTIN: 23AACCK4616K4ZK CIN No. L24124RJ2004PLC019288

www.krishnaphoschem.com accounts@krishnaphoschem.com

KRISHANA PHOSCHEM LTD.

(An ISO 9001:2015 Certified Company)

Date -12/06/2021

To

National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051

Dear Sir/ Madam,

Please find enclosed herewith the Copy of Press Release regarding Audited Financial Results for the fourth quarter and year ended on 31.03.2021 at the meeting of the board held on Thursday the 10^th June, 2021 of Krishana Phoschem Limited.

Thanking you,

Yours faithfully,

For Krishana Phoschem Ltd

Enclosed: As Above

Registered off.: 5-O-20, Basement, R.C. Vyas Colony, Bhilwara (Raj.) INDIA Ph: 01482-237104, 239091 Fax +91-1482-239638 Works: 115-120, AKVN Industrial Area, Meghnagar-457779, Distt. Jhabua (M.P.) Ph. 07390-284989

PRESS RELEASE

STRONG ALL-ROUND PERFORMANCE Revenue growth: 114% (Q4) & 15.9% (FY21); EBITDA at INR 9 Crores and 40.9 Crores for Q4 & FY21 respectively

KEY OPERATING HIGHLIGHTS

Saturday, June 12,2021:

Krishana Phoschem Limited, a unit of Ostwal Group of Industries (NSE: KRISHANA) ("Company") on Thursday has announced its financial results for the quarter ended March 31, 2021.

In the backdrop of the 2 nd wave of CoVID-19 pandemic, the Company has reported aggressive growth in its Fertilizer business. Overall company has reported tremendous business growth.

UPDATE: For Company`s Mega Project of DAP land has been allotted, civil work started and Machinary started reaching at plant site. Management is expecting commercial production to begin from October 2022.

FertilizerBusiness

Fertilizers being essential commodity, the Company continued its operations with some intermittent disruptions during the period of lockdown. The demand has been further supported by good Kharif projection by IMD and on time arrival of monsoon in core command area. The segment profit for fertilizer segment expanded exponentially from Rs. 1.40 Crores in Q4FY20 to Rs. 2.26 Crores in Q4FY21

ChemicalBusiness

The chemicalsegment reported total revenue of Rs. 18.2 Crores as compared to Rs. 11.8 Crores in FY Q4FY20, registering a growth of 54% despite of outbreak of 2 nd wave of COVID19 pandemic.

SPEAKING ON THE FINANCIAL RESULTS,

Mr. Praveen Ostwal- MD Krishana Phoschem Limited, said:

"The 2 nd wave of COVID-19 pandemic has affected all areas of life and has severely impacted the Indian economy, although limited impact has been witnessed by the fertilizer industry. Good rabi harvest and normal monsoon bode well for the Kharif season. In this crisis, the health and safety of the employees, customers and business partners are of the highest priority for us. The company has introduced a broad range of protective measures at an early stage. At the same time, we made great efforts to continue our business activities and to serve customers.

We were faced with multiple challenges including CoVID-19 lockdowns, manpower constraints, transportation issues over the quarter. In spite of that, I'm happy to note that, we continue to adhere to the growth our fertilizer business to new levels. I am also proud of our entire team which has an outstanding spirit and commitment towards our customers & entire stakeholders.

Recent strategic reforms by the Central Government to support agriculture sector are indeed path breaking. This should undoubtedly support the Indian economy in the long term. The Company is expecting good Kharif season and accordingly, enhancing its production efficiencies in anticipation to meet the customer requirement. Going forward, our focus will be on building scale and value in both of our fertilizer and chemical business divisons.

KNOW MORE ABOUT KRISHANA PHOSCHEM LIMITED

Incorporated in 2004, KPL is a part of Ostwal Group, which has its presence in fertilizer sector since 1994. Ostwal Group stands at 3rd position in terms of manufacturing and sales of SSP Fertilizer in India and accounts for ~8% of total SSP market share in India. Krishana owns 3 manufacturing plants, all strategically located in Meghnagar, M.P. The Company is into manufacturing of Single Super Phosphate (SSP), Granulated Single Super Phosphate (GSSP), Boronated SSP, Zincated SSP, Phosphate Rich Organic Manure, Benefited Rock Phosphate (BRP), Sulphuric Acid, H- Acid, Oleum, Liquid SO3, intermediate dyes and other allied chemicals. The Company has in-house manufacturing facility of BRP and Sulphuric acid, which are the major raw materials required in production of SSPfertilizer.

POWERED WITH	CONNECTED WITH	SPREAD ACROSS
400	10,000	10
Experienced Workforce	Dealers & Retailers	States

Disclaimer: Certain statements in this "Press Release" may not be based on historical information or facts and may be "forward looking statements" within the meaning of applicable securitieslaws and regulations, including, but not limited to, those relating to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in itsbusinesses, its competitive & regulatory environment and management's current views & assumptions which may not remain constant due to risks and uncertainties. Actual results could differ materially from those expressed or implied. The Company assumes no responsibility to publicly amend, modify or revise any statement, on the basis of any subsequent development,information or events, or otherwise. This "Press Release" does not constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares and should not beconsidered as a recommendation that any investor should subscribe for or purchase any of the Company's shares. The financial figures in this "Press Release" have been rounded off to thenearestRs.one Million. Thefinancial resultsareconsolidated financialsunless otherwisespecified.

Krishana Phoschem Limited

CIN: L24124RJ2004PLC019288 Reg. & Corp Office:5-O-20, Basement, R.C. Vyas Colony, Bhilwara (Rajasthan) 311001 Email: accounts@krishnaphoschem.com | Website: www.krishnaphoschem.com