Deepak Fertilisers & Petrochemicals Corporation Share Price

Conference Call with Deepak Fertilisers & Petrochemicals Corporation Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks 1 day ago

Commodity Chemicals company Deepak Fertilisers & Petrochemicals Corporation announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 3,01,138 lakh (Rs 3,011 crore) in Q4FY26, reflecting a YoY growth of 12.90% from Rs 2,66,735 lakh (Rs 2,667 crore) in Q4FY25, and a QoQ increase of 6.41% from Rs 2,83,007 lakh (Rs 2,830 crore) in Q3FY26. Total Income: Reached Rs 3,01,746 lakh in Q4FY26, up by 11.06% YoY from Rs 2,71,699 lakh in Q4FY25, and up 4.91% QoQ from Rs 2,87,623 lakh in Q3FY26. Operating EBITDA: Reported at Rs 354 crore in Q4FY26, down 26% YoY from Rs 480 crore in Q4FY25, and remained flat QoQ compared to Rs 353 crore in Q3FY26. The EBITDA margin stood at 11.8% in Q4FY26. Profit Before Tax: Recorded at Rs 16,108 lakh in Q4FY26, registering a YoY decline of 49.66% from Rs 32,000 lakh in Q4FY25, and a QoQ drop of 17.19% from Rs 19,451 lakh in Q3FY26. Net Profit: Stood at Rs 13,939 lakh (Rs 139 crore) in Q4FY26, dropping by 49.83% YoY from Rs 27,786 lakh (Rs 278 crore) in Q4FY25, and marginally down by 1.48% QoQ from Rs 14,149 lakh (Rs 141 crore) in Q3FY26. FY26 Consolidated Financial Highlights: Revenue from Operations: Reached Rs 11,50,603 lakh (Rs 11,506 crore) in FY26, representing an 11.99% YoY growth from Rs 10,27,442 lakh (Rs 10,274 crore) in FY25. Total Income: Stood at Rs 11,60,903 lakh in FY26, an increase of 12.11% YoY from Rs 10,35,524 lakh in FY25. Operating EBITDA: Recorded at Rs 1,684 crore in FY26, declining by 13% YoY from Rs 1,925 crore in FY25, with an EBITDA margin of 14.6%. Profit Before Tax: Reported at Rs 1,01,032 lakh in FY26, a YoY decline of 15.05% from Rs 1,18,929 lakh in FY25. Net Profit: Stood at Rs 73,876 lakh (Rs 739 crore) in FY26, falling by 21.80% YoY from Rs 94,467 lakh (Rs 945 crore) in FY25. Adjusted for a one-time tax credit of Rs 40 crore in FY25, the FY26 PAT declined by 18% YoY. Q4FY26 Standalone Financial Highlights: Revenue from Operations: Stood at Rs 47,388 lakh in Q4FY26, up 5.63% YoY from Rs 44,863 lakh in Q4FY25, and up 18.12% QoQ from Rs 40,118 lakh in Q3FY26. Total Income: Reached Rs 59,262 lakh in Q4FY26, declining slightly by 1.70% YoY from Rs 60,284 lakh in Q4FY25, but growing significantly by 37.73% QoQ from Rs 43,029 lakh in Q3FY26. Profit Before Tax: Recorded at Rs 12,563 lakh in Q4FY26, dropping 34.84% YoY from Rs 19,280 lakh in Q4FY25, but experiencing a massive QoQ jump from Rs 1,677 lakh in Q3FY26. Net Profit: Stood at Rs 12,157 lakh in Q4FY26, a decrease of 30.37% YoY from Rs 17,459 lakh in Q4FY25, but registering a strong QoQ increase from Rs 1,078 lakh in Q3FY26. FY26 Standalone Financial Highlights: Revenue from Operations: Reached Rs 1,96,367 lakh in FY26, a marginal YoY growth of 0.67% from Rs 1,95,068 lakh in FY25. Total Income: Stood at Rs 2,14,820 lakh in FY26, a YoY decrease of 2.55% from Rs 2,20,445 lakh in FY25. Profit Before Tax: Reported at Rs 32,635 lakh in FY26, declining by 37.10% YoY from Rs 51,886 lakh in FY25. Net Profit: Stood at Rs 26,924 lakh in FY26, a drop of 34.81% YoY from Rs 41,300 lakh in FY25. Business Highlights: Segment-wise Revenue: Chemicals: Revenue for Q4FY26 was Rs 1,43,690 lakh, up 11.71% YoY from Rs 1,28,624 lakh in Q4FY25. For FY26, revenue stood at Rs 5,30,423 lakh, up 3.40% YoY from Rs 5,12,999 lakh in FY25. Fertilisers: Revenue for Q4FY26 recorded strong growth, reaching Rs 1,56,659 lakh, up 13.99% YoY from Rs 1,37,415 lakh in Q4FY25. FY26 revenue reached Rs 6,16,555 lakh, jumping 20.41% YoY from Rs 5,12,038 lakh in FY25. Realty: Revenue for Q4FY26 was Rs 274 lakh compared to Rs 505 lakh in Q4FY25. FY26 revenue was Rs 2,247 lakh, up from Rs 1,887 lakh in FY25. Mining Chemicals (Technical Ammonium Nitrate): Showed good recovery with Q4 sales volumes increasing by 27% QoQ and 12% YoY. Full-year sales recorded a growth of 11%. The B2C segment delivered strong numbers, with volumes up 21% YoY and 19% QoQ. Pharma / Specialty Chemicals: Building-Block Nitric Acid grew 11% YoY in Q4 despite pricing pressures. Isopropyl Alcohol (IPA) Q4 volumes grew by 22% YoY, supported by early signs of recovery in domestic market sentiment. Crop Nutrition Business (CNB): Croptek delivered a resilient performance, with sales at 65 KT (up 3% YoY). The portfolio mix saw improvement, with Specialty products and Croptek contributing 33% of fertiliser revenues. Strategic Mix Transition: The Company continued its transition toward a solutions-led portfolio, with Specialty products contributing 33% of CNB revenue and the B2C share reaching 16% in Mining Chemicals. Major Capex Underway: The Company has an attractive capital expenditure of ~Rs 4,650 crore ongoing. The TAN Project in Gopalpur (Capacity: 376 KTPA, Capex: Rs 2,675 crore) has reached an overall progress of 95%. The Nitric Acid Project in Dahej (Capacity: 300 KTPA WNA & 150 KTPA CNA, Capex: Rs 1,983 crore) has reached an overall progress of 86%. Both projects are slated for an expected commissioning in Q2FY27. Dividend: The Board recommended a dividend at the rate of Rs 10/- per equity share (100% of the face value of Rs 10/- each) for FY26. Balance Sheet & Debt: Net Debt stood at Rs 4,824 crore in Mar-26 (up from Rs 3,305 crore in Mar-25), with the increase supported by project-related borrowings and the infusion of CCD into DMSL. Corporate Updates: Mr. Sailesh C. Mehta was appointed as Chairman & Managing Director of Deepak Mining Solutions Limited (DMSL), and Mr. Yeshil S. Mehta was appointed as an Additional Director. S.C. Mehta, Chairman & Managing Director, DFPCL, said: “As we step into FY27, Deepak Fertilisers and Petrochemicals Corporation Limited remains firmly anchored to its long-term strategic agenda. While external volatility continues to influence our operating environment, our focus on disciplined execution, portfolio evolution and customer-centricity enables us to navigate these cycles with resilience and agility. The previous quarter reflected a challenging backdrop with global supply chain disruptions and with war led elevated input costs being gradually passed through across key segments. Crop Nutrition was impacted by a sharp increase in input costs, coupled with limited ability to pass through these increases to farmers and inadequate realignment in subsidy support. Industrial Chemicals saw pressure from IPA correction, Nitric Acid spreads and feedstock constraints. Reported performance also reflects the planned ammonia plant turnaround related shutdown; however, underlying business momentum remained stable on an adjusted basis. Mining Chemicals delivered a strong recovery in volumes, supported by deeper customer engagement and continued expansion of our B2C model. Structural demand drivers across segments remain intact and our integrated platform continues to provide resilience across cycles. Volatility in global chemical markets is now creating a more favourable pricing environment for downstream products, with improving realisations in Mining Chemicals, Nitric Acid and IPA. Happy to share that our Maiden LNG Shipment marks the commencement of the attractive 15-year contract with the Norwegian giant. Benefits of the long-term LNG contract and the in-house Ammonia have now started flowing into the full value chain. Our upstream integration upto feedstock natural gas provides a counterbalance by stabilising input costs and ensuring supply continuity. This structural advantage allows us to capture value more effectively as market conditions evolve, positioning us for stronger operating delivery ahead. Our transition toward a customer-solution-led specialty portfolio continues to gain traction. The expanding contribution from Specialty and Croptek products, alongside the scaling of our B2C franchise is steadily improving the quality, predictability and sustainability of our earnings. Strategic investments at Dahej and Gopalpur are in advanced stages of completion. While commissioning timelines have been aligned to Q2 FY27 due to supply-side factors, these projects remain within approved costs and will significantly enhance cost competitiveness, supply assurance and operating leverage. I am also pleased to share that, during the quarter, our subsidiary DMSL successfully completed the acquisition of Chardham Chemicals Private Limited (CCPL). This acquisition will provide DMSL with a full range of explosives products to undertake mine productivity improvement programs through DMSL’s Total Cost of Ownership (TCO) model of value delivery to the mines. Further, it will also help in export of differentiated products to DMSL 100% owned mining servicing subsidiary in Australia and servicing other export markets. With a strengthened portfolio, improving operating environment and key capacities nearing completion, DFPCL is well positioned to deliver consistent value creation and progressively stronger operating performance in the periods ahead.” Result PDF

• Trendlyne
• 2 weeks 1 day ago

India's Deepak Fertilisers and Petrochemicals reported a 43.6% fall in third-quarter profit on Thursday, as softer agrochemicals demand and rising input costs squeezed margins.

• Economic Times
• 4 months 2 weeks ago