logo
#

Latest news with #DeepakFertilisersandPetrochemicals

Deepak Fertilisers Q4 Results: Cons profit rises on robust demand
Deepak Fertilisers Q4 Results: Cons profit rises on robust demand

Economic Times

time22-05-2025

  • Business
  • Economic Times

Deepak Fertilisers Q4 Results: Cons profit rises on robust demand

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel India's Deepak Fertilisers and Petrochemicals posted a 23.2% rise in quarterly profit on Thursday, supported by strong demand for its crop nutrition company's consolidated net profit rose to 2.77 billion rupees ($32.2 million) in the fourth quarter , from 2.25 billion rupees a year and chemicals each contribute nearly half of the company's revenue, which rose 27.9% in the quarter to 26.67 billion rupees. Revenue from the fertilisers business rose nearly 89%, while that from chemicals declined 4.9%.For further earnings highlights, click [here]Analysts said fertilisers companies such as Deepak Fertilisers outperformed their agrochemical peers in the fourth quarter, as volume growth, price hikes and demand for complex fertilisers lifted agrochemical firms, which continue to face demand volatility in both domestic and export markets, fertilizers are showing resilience in (next 12 Estimates (next 12 Analysts' sentiment months) months)RIC PE EV/EBITDA Revenue Profit Mean No. of Stock to Div growth (%) growth (%) rating* analyst price yields target** (%)Deepak Fertilisers 16.70 8.81 10.69 17.14 Buy 1 0.95 0.62 and Petrochemicals Coromandel 32.18 20.28 7.29 29.24 Buy 9 1.01 0.50 International SRF 49.25 24.46 13.69 45.53 Hold 27 1.06 0.24 Sumitomo Chemical 41.00 30.15 17.78 22.69 Buy 7 0.91 0.17 India* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT-- All data from LSEG IBES-- $1 = 86.0225 Indian rupees

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store