Deepak Nitrite delivered its highest-ever quarterly and first-half performance in Q2 and H1 FY27. Consolidated revenue reached ₹3,091 crore in Q2, a 61% YoY growth, with EBITDA rising 187% YoY to ₹643 crore. For H1 FY27, revenue stood at ₹5,682 crore, up 48% YoY, and EBITDA was ₹1,197 crore, a 173% YoY increase.
Record Financial Performance Achieved
Deepak Nitrite announced its Q2 and H1 FY27 results, marking the highest-ever quarterly and first-half performance in its history. The company demonstrated robust growth across key financial metrics, underscoring its strategic execution and market resilience.
Q2 FY27 Highlights
In the second quarter of FY27, consolidated revenue surged to ₹3,091 crore, representing a significant 61% Year-over-Year (YoY) growth. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw an even more impressive increase of 187% YoY, reaching ₹643 crore. Profit After Tax (PAT) for the quarter grew by 235% YoY to ₹398 crore. The EBITDA margin for Q2 FY27 stood at a healthy 20.8%.
H1 FY27 Performance
For the first half of FY27, Deepak Nitrite continued its strong growth trajectory. Consolidated revenue amounted to ₹5,682 crore, a 48% YoY increase. EBITDA for H1 FY27 reached ₹1,197 crore, up by a remarkable 173% YoY. PAT for the first half was ₹743 crore, marking a 221% YoY growth. The EBITDA margin for H1 FY27 was 21.1%.
Segmental Performance
The Phenolics segment was a key driver of this record performance, achieving its best-ever quarterly results with Q2 revenue increasing 72% YoY to ₹2,291 crore and EBIT rising 256% YoY to ₹515 crore. The Advanced Intermediates (AI) segment delivered 38% YoY revenue growth in Q2 FY27, supported by steady demand and contributions from new products.
Key Takeaways
The company highlighted that the Phenolics segment achieved a record EBIT of INR 933 crore in H1 FY27, surpassing the previous full-year peak EBIT of 867 Cr (FY22) within the first six months. Agile procurement and deep integration of facilities were cited as key factors enabling this performance in a challenging operating environment. Upcoming projects are expected to further enhance business integration and contribute to topline and profitability growth.
Source: BSE
