DEEPAKFERTNSEDeepak Fertilizers and Petrochemicals Corporation Limited· Chemicals - InorganicHighNeutral
Announced Thu, 28 May · 17:45 IST

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding a press release dated May 28, 2026, titled "Submission of Press Release on Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026".

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DEEPAKFERT · price

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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹1453.40
prior close
₹1344.20
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+7.9+6.8+6.8+6.3-3.5-3.5-3.4-2.6-2.0+4.9+6.9+6.6
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AI summary

Deepak Fertilizers reported FY26 revenue of ₹11,506 Cr, up 12% YoY, driven by volume growth in TAN and CNB segments. However, profitability metrics declined significantly: Operating EBITDA fell 13% to ₹1,684 Cr with margins contracting from 18.7% to 14.6%, while PAT dropped 22% to ₹739 Cr. Q4 saw even sharper declines with PAT down 50% YoY to ₹139 Cr. The company cited war-led raw material cost escalations, inadequate fertilizer subsidy support, and a planned ammonia plant turnaround costing ~₹75 Cr as key headwinds. The board recommended 100% dividend. Net Debt/EBITDA stood at 2.86x due to ₹1,569 Cr capex for Dahej and Gopalpur projects, now targeting Q2 FY27 commissioning.

Likely market impact

The stock faces pressure from margin compression and profit decline despite revenue growth, indicating cost pass-through challenges. High leverage during the investment phase and project delays add near-term uncertainty, though the maiden LNG shipment from Equinor and improving input cost outlook may support recovery in FY27.