Krishak Bharati Cooperative Limited

Krishak Bharati Cooperative Limited (KRIBHCO), founded in 1980 as a national-level multi-state cooperative society, operates the gas-based Hazira fertilizer complex in Surat, Gujarat, which completed its 38th year of commercial production in the financial year 2023-24. Its wholly-owned subsidiary KRIBHCO Fertilizers Limited runs a second gas-based urea plant at Shahjahanpur in Uttar Pradesh, in the heart of India's high urea consumption belt.

In 2023-24 the Hazira complex produced 23.35 lakh tonnes, equal to 2.335 million tonnes, of urea at a capacity utilization of 106.40 percent and 13.88 lakh tonnes of ammonia at 111.32 percent, while KFL produced 10.66 lakh tonnes of urea at 123.23 percent utilization and 6.54 lakh tonnes of ammonia at 130.46 percent. The society sold 52.82 lakh tonnes of fertilizer including urea and complex fertilizers, and reported a sales turnover including subsidies of ₹15,765.42 crore with profit before tax of ₹334.12 crore and profit after tax of ₹260.63 crore.

Total membership stood at 9,650 cooperative societies with paid-up share capital of ₹390.78 crore as of 31 March 2024, and the board recommended a 20 percent dividend. Beyond nitrogen products, the portfolio includes imported DAP, MOP, complex fertilizers, bio-fertilizers, compost, certified and hybrid seeds, zinc sulphate and seaweed-fortified biostimulants.