Kolkata/Mumbai, May 06, 2025 : Nishant Kanodia promoted, Matix Fertilisers and Chemicals Limited, a ₹7,000 crore integrated fertiliser company, has achieved a significant milestone in its diversification journey. In less than three years since entering the crop protection and supplement segment (FY 2022–23), Matix has grown the vertical to ₹200 crore in revenue. This rapid scale-up reflects the trust of India’s farmers and Matix’s strategic focus on high-impact agri-Inputs. The achievement further strengthens its leadership in eastern India, where it holds nearly 20% market share in urea and ranks among the country’s fastest-growing crop nutrient companies.
Since entering the crop protection and
supplement segment in FY 2022–23, Matix has rapidly scaled its portfolio
through co-marketing partnerships with leading players such as UPL and CRYSTAL.
The range now includes Single Super Phosphate (where Matix is the country’s
leading trader, with 84,712 MT sold in FY 2024–25), Zyme, Zinc Sulphate (21%
& 33%), Potash Derived from Molasses, Phosphate Rich Organic Manure, City
Compost, and Micronutrient Mixture.
Sharing his views,Nishant Kanodia, Chairman, Matix Fertilisers & Chemicals Limited said, "This
achievement reflects the dedication of our team and the growing trust of
India’s farming community. At Matix, we remain deeply committed to delivering
innovative, sustainable agri-input solutions that empower farmers and
strengthen Indian agriculture."
In FY 2024–25, the company further diversified
into specialty fertilisers such as Calcium Nitrate, Sulphur Bentonite, and
Mycorrhizal Biofertilizer, reinforcing its alignment with the Government of
India’s thrust on organic and sustainable agricultural inputs.
Manoj Mishra, Managing Director, Matix
Fertilisers & Chemicals Limited, said, “Crossing
this milestone reflects our team’s strategic vision and strong execution, as
well as the growing trust of India’s farmers. At Matix, we are focused on
building a comprehensive, future-ready agri-inputs business that enhances farm
productivity, supports sustainable practices, and contributes meaningfully to
India’s food security. We are proud to partner with farmers in their journey
toward a more resilient agricultural future."
Matix’s trading success builds on the
foundation of its fully integrated 1.27 MTPA gas-based urea plant in Panagarh,
West Bengal—one of India’s largest single-stream fertiliser facility. Operating
consistently above 100% capacity and supported by a long-term gas supply
agreement with GAIL, the plant ensures uninterrupted, reliable supply of
essential crop nutrient to the farming communities across its operational
areas.
As Matix continues to grow its footprint and
portfolio, it remains committed to driving value across the agricultural value
chain, delivering scale, innovation, and sustainability from plant to plate.
About Matix Fertilisers and Chemicals Limited: Matix
Fertilisers and Chemicals Limited is one of India’s youngest and
fastest-growing crop nutrient companies, holding approximately 20% market share
of urea in eastern India. The company is present across nine states with
distribution strength of 1000+ dealers and 60,000+ retailers. Matix is
committed to enhancing agricultural productivity through innovative crop
nutrition and soil enhancement products, aiming to nourish every farm and
ensure food security for all.
Website: https://matixgroup.com/
For more information please contact:
Matix Fertilisers and Chemicals Limited
Corporate Communications department
Email id: corpcomm@matixgroup.com