The OCP Group reported revenue of 113.94 billion MAD in 2025, up 17.5% from 2024, thanks to higher exports and better quality products. Net profit fell 13% to 17.65 billion MAD, down from 20.46 billion MAD, due to higher taxes.
Fertilizer sales grew 15%, with strong demand from India. Exports of Triple Superphosphate (TSP) jumped 48%, now making up 30% of all fertilizer shipments, up from 22% in 2024. Rock phosphate sales rose 50%, while phosphoric acid sales dropped 15% as the company focuses on higher-value products.
The Specialized Products and Solutions unit also grew, with exports reaching 6.27 billion MAD, up 19%, led by specialized acids and soluble fertilizers. OCP reported a gross margin of 72.14 billion MAD, and EBITDA increased 11% to 43.19 billion MAD, with a 38% margin. Investment spending fell 22% to 34.08 billion MAD. Net debt stood at 119.12 billion MAD, with a manageable leverage ratio of 2.76.
OCP opened new TSP lines and a phosphoric acid unit at Jorf Lasfar, improved transport routes, and added pipelines and desalination plants to secure water for operations.
The company is moving towards higher-value products like TSP and specialized fertilizers and has strong ties with India to secure steady demand. Investments in water infrastructure also aim to reduce pressure on local water supplies.
