Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.
DEEPAKFERT · price
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The Board approved audited standalone financial results (standalone net profit Rs. 26,924 Lakhs vs Rs. 41,300 Lakhs prior year) and consolidated results (consolidated net profit Rs. 73,876 Lakhs vs Rs. 94,467 Lakhs prior year) for Q4 and FY ended 31 March 2026, with unmodified audit opinions. Revenue from operations grew to Rs. 11,50,603 Lakhs on consolidated basis. The Board recommended a dividend of Rs. 10 per equity share (face value Rs. 10), payable within 30 days of the 46th AGM scheduled for 1st September 2026. Mr. Yeshil S. Mehta (DIN: 07866312) was appointed as an Additional Director in the non-executive non-independent category effective 1st July 2026, subject to shareholder approval. Statutory auditors P G Bhagwat LLP were reappointed for a second term of five years. Capital work-in-progress nearly doubled to Rs. 3,04,636 Lakhs, indicating heavy ongoing investment.
Declining year-on-year profitability despite revenue growth is a concern, but appointment of a new non-independent director signals continuity and potential family succession planning. Dividend offers modest investor reward. Heavy capex investment may weigh on near-term free cash flow.