DEEPAKFERTNSEDeepak Fertilizers and Petrochemicals Corporation Limited· Chemicals - InorganicHighNeutral
Announced Wed, 5 Nov · 14:31 IST

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding a press release dated November 05, 2025, titled "Press Release on Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2025.".

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DEEPAKFERT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DFPCL reported consolidated revenue from operations of Rs 3,00,583 lakhs in Q2 FY26, up 9% year-on-year, with H1 FY26 revenue rising 13% YoY to Rs 5,66,458 lakhs on the back of strong volumes in Croptek, TAN and IPA. Consolidated net profit for Q2 was largely flat YoY at Rs 21,402 lakhs, while H1 FY26 net profit grew 11% YoY to Rs 45,788 lakhs (EPS of Rs 36.15 for H1). The Fertiliser segment shone with a 36% YoY jump in segment results, whereas the Chemicals segment saw a 21% YoY decline in profits dragged by weakness in IPA (sharp fall in acetone/benzene prices, anti-dumping impact) and Ammonia (volatility in FOB prices). H1 operating EBITDA rose only 2% YoY to Rs 977 Cr despite 13% revenue growth, indicating margin compression. The statutory auditor P G Bhagwat LLP issued an unmodified review opinion on both standalone and consolidated results. Net debt-to-EBITDA stood at 1.74x after Rs 870 Cr of capex spend in H1, with the Gopalpur TAN and Dahej Nitric Acid projects (combined capex Rs 4,658 Cr) progressing on schedule for commissioning by end-FY26.

Likely market impact

Mixed bag for shareholders — healthy topline growth and 11% H1 PAT growth on a consolidated basis are positives, but margin pressure in the chemicals segment and weak Q2 standalone profit (down ~50% YoY) may cap near-term upside. Completion of the large capex projects later this fiscal is a key catalyst to watch.