Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) released its earnings presentation for Q3 FY26. The presentation highlights a 10% YoY increase in revenue, reaching ₹2830 Cr. However, EBIDTA saw a -27% change. The company emphasized its transition towards specialty products and strategic capacity expansions.
Financial Performance Overview
In Q3 FY26, Deepak Fertilisers reported revenue of ₹2830 Cr, a 10% increase year-over-year (YoY). However, the EBIDTA was ₹353 Cr, showing a -27% YoY change, and PAT reached ₹141 Cr. Year-to-date (YTD), revenue was ₹8495 Cr, up 12% YoY, with an EBIDTA of ₹1330 Cr and a PAT of ₹599 Cr.
Segment Performance
The Mining Chemicals (TAN) business saw flat YoY volume in Q3, with YTD volume up 11%. Revenue growth in Q3 was up 1% YoY. The Industrial Chemicals (IC) business experienced a 2% increase in total Nitric Acid volume, while IPA sales volume decreased. The Crop Nutrition Business (CNB) witnessed a 26% YoY revenue growth in Q3.
Strategic Developments and Outlook
The company is focused on transitioning from commodity to specialty products, with specialty and Croptek products comprising 33% of YTD CNB revenue. Strategic capex projects are underway with commissioning expected in Q1 FY27. Capacity utilization remains high, indicating strong demand for DFPCL’s products. The company is capitalizing on 40 years of know-how to capitalize on the India growth story.
Project Updates
The TAN project in Gopalpur is 91% complete and the Nitric Acid project in Dahej is 79% complete. The TAN project will have a capacity of 376 KTPA while the Nitric Acid project will have a WNA capacity of 300 KTPA.
Source: BSE
