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Business Standard
22-05-2025
- Business
- Business Standard
Deepak Fertilisers Q4 results: PAT jumps 20.7% to ₹277 cr on higher income
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday posted a 20.74 per cent rise in consolidated net profit to Rs 277.66 crore for the fourth quarter of the 2024-25 fiscal on higher income. The company reported a net profit of Rs 229.96 crore a year ago, according to a regulatory filing. Its total income rose 26 per cent to Rs 2,716.99 crore during the January-March quarter of 2024-25, from Rs 2,158.56 crore in the year-ago period. The company's expenses remained higher at Rs 2,396.99 crore against Rs 1,862.20 crore. For the full 2024-25 fiscal, the company posted a two-fold jump in consolidated net profit to Rs 944.67 crore from Rs 467.56 crore in the previous year. The company said its strategic investments are on track. The overall progress in the TAN project in Gopalpur is at 75 per cent, and the same for the Nitric Acid project in Dahej is at 48 per cent. Bulk fertiliser manufactured sales volume in Q4 surged 68 per cent, driven by increased adoption of the innovative crop focus nutrient solution, it added. Despite a capex of Rs 655 crore in FY25, the company's net debt reduced to Rs 3,305 crore from Rs 3,426 crore on healthy cash generation. DFPCL Chairman and Managing Director SC Mehta said, "With an above-average monsoon forecast, we expect robust Kharif season demand for crop-specific solutions". Mining chemicals growth from FY25 is likely to continue into FY26, driven by increasing power demand and infrastructure investments. The health sector is projected to expand, supported by government and private initiatives, boosting our pharma/speciality chemicals portfolio, he added.
Business Standard
22-05-2025
- Business
- Business Standard
Deepak Fertilisers records over 21% YoY growth in Q4 PAT to Rs 278 crore
Deepak Fertilisers & Petrochemicals Corporation reported 21% rise in consolidated net profit to Rs 278 crore on a 28% increase in operating revenue to Rs 2,667 crore in Q4 FY25 as compared with Q4 FY24. EBITDA improved by 10% to Rs 480 crore in the fourth quarter from Rs 438 crore recorded in the same period last year. EBITDA margin fell by 299 basis points year-over-year (YoY) to 18% in Q4 FY25. Profit before tax in Q4 FY25 stood at Rs 320 crore, up by 8% from Rs 296.36 crore in Q4 FY24. For FY25, Deepak Fertilisers has registered a consolidated net profit of Rs 945 crore (up 102% YoY) and operating revenue of Rs 10,274 crore (up 18% YoY). The company said that in the CNB business, bulk fertilizers manufactured sales volume in Q4 surged by 68% YoY, driven by increased adoption of its innovative crop focus nutrient solution. During FY25, the company achieved a significant milestone by surpassing 1 million MT in bulk fertilizer sales and liquidation for the first time. In the TAN business, the companys speciality product, LDAN, saw an impressive 11% YoY growth in sales volume in Q4 FY25, and a notable 15% YoY increase for the entire fiscal year. Despite capex spent of Rs 655 crore in FY25, net debt reduced from Rs 3,426 crore to Rs 3,305 crore based on healthy cash generation. Net debt to EBIDTA reduced from 2.66x to 1.72x on YoY basis. S.C. Mehta, chairman and managing director of DFPCL, stated: This year has been challenging yet transformative, marked by strategic actions that boosted growth across all product segments. Our shift from a commodity focus to a specialty and solutions-led company is well underway. Specialty products now comprise 22% of our total operating revenue, up from 17% in FY24, with a 51% YoY growth. Crop-focused fertilizers constitute 30% of our portfolio, reaffirming our commitment to delivering differentiated, customer-first solutions. FY 202526 is poised to be a pivotal yearone that will prepare us for a major operational leap, with key capacity expansions nearing completion by H2 FY26. These expansions will elevate us as one of the global leader in Technical Ammonium Nitrate and Building Block Nitric Acid. To ensure financial robustness, we raised ₹800 crore via CCDs in our subsidiary, DMSL, strengthening our balance sheet and addressing near-term funding needs while maintaining a prudent debt ratio. With an above-average monsoon forecast, we expect robust Kharif season demand for crop-specific solutions. Mining Chemicals growth from FY25 is likely to continue into FY26, driven by increasing power demand and infrastructure investments. The health sector is projected to expand, supported by government and private initiatives, boosting our Pharma / Specialty Chemicals portfolio. Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among the Indias leading manufacturers of industrial chemicals and fertilisers. With a strong presence in technical ammonium nitrate (mining chemicals), industrial chemicals and crop nutrition (fertilisers), the company supports critical sectors of the economy such as infrastructure, mining, chemicals, pharmaceutical and agriculture. The scrip had declined 2.25% to end at Rs 1338 on the BSE.
Business Upturn
24-04-2025
- Business
- Business Upturn
Deepak Fertilisers shares rise 2% after incorporating new global trading arm in Singapore
Shares of Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) jumped nearly 2% to Rs 1,305.70 in early trade on April 24, 2025, after the company announced the incorporation of a new wholly owned subsidiary in Singapore, aimed at expanding its global commodities trading operations. The stock hit an intraday high of Rs 1,310.90, up from its previous close of Rs 1,283.40, with a market cap of Rs 164.37 billion and a P/E ratio of 18.87. Deepak Globalchem Pte. Ltd. to drive international growth In a filing on April 23, DFPCL confirmed the incorporation of 'Deepak Globalchem Pte. Ltd.', based in Singapore, with an initial capital infusion of USD 10,000. The new entity is yet to commence operations but will primarily engage in the purchase and sale of commodities, marking a strategic pivot towards international markets. The move is aligned with the company's long-term objective of becoming a global player in the chemicals and fertilisers space. Singapore's status as a global trading hub is expected to help DFPCL improve its efficiency and reach in global commodity trading. No direct promoter interest, but a related-party transaction DFPCL clarified that its promoters and promoter group hold no direct stake in the new subsidiary outside of their interest in the parent company. However, the incorporation has been classified as a related-party transaction under SEBI norms due to the 100% ownership structure. Strategic importance The new Singapore-based subsidiary strengthens DFPCL's global footprint, providing access to international supply chains, price discovery, and logistical advantages. It is expected to open up new commercial opportunities and improve the company's resilience amid fluctuating domestic demand cycles. FAQs What is the name of DFPCL's new subsidiary? Deepak Globalchem Pte. Ltd. Where is it incorporated? Singapore. What will it do? It will focus on the purchase and sale of commodities globally. Is the new entity operational yet? No, it has been incorporated but has not yet commenced business. Will promoters benefit directly? No direct benefit; the structure remains within the listed entity, but it is a related-party transaction. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always consult a financial advisor before making any investment decisions. Business Upturn or the author is not liable for any losses.
Business Upturn
23-04-2025
- Business
- Business Upturn
Deepak Fertilisers incorporates subsidiary in Singapore to expand global trading footprint
By News Desk Published on April 23, 2025, 18:03 IST Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) announced on April 23, 2025, the incorporation of its wholly owned subsidiary 'Deepak Globalchem Pte. Ltd.' in Singapore. The move is aimed at strengthening the company's global presence in the commodities trading business. The newly formed entity, Deepak Globalchem Pte. Ltd., has been set up with an initial capital investment of USD 10,000. The subsidiary will primarily focus on the purchase and sale of commodities, expanding DFPCL's reach beyond Indian markets. Although the company has been incorporated, it is yet to commence business operations. As per regulatory disclosures, the promoters or promoter group of DFPCL hold no direct interest in the new entity beyond their stake in the parent company. The incorporation is classified as a related-party transaction under SEBI regulations due to the wholly owned nature of the subsidiary. The company stated that the establishment of this subsidiary marks a strategic step in its global expansion and aligns with its long-term business objectives. With Singapore being a global trading hub, the new arm is expected to enhance DFPCL's access to international markets and facilitate more efficient trading operations. The announcement was made at 3:11 PM on April 23, 2025, and further details are available on the company's official website. Disclaimer: This news article is for informational purposes only and does not constitute investment advice. Investors are advised to consult their financial advisors before making any investment decisions. News desk at
