DEEPAKFERTNSEDeepak Fertilizers and Petrochemicals Corporation Limited· Chemicals - InorganicHighPositive
Announced Thu, 28 May · 15:10 IST

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 10 per equity share.

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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
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₹1344.20
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AI summary

The Board of Directors approved the audited financial results for FY26 ended March 31, 2026. Standalone net profit declined to Rs. 26,924 Lakhs from Rs. 41,300 Lakhs in FY25, while consolidated net profit fell to Rs. 73,876 Lakhs from Rs. 94,467 Lakhs. The board recommended a final dividend of Rs. 10 per equity share (100% of face value), subject to shareholder approval at the AGM on September 1, 2026. The record date for dividend is August 25, 2026. Additionally, Mr. Yeshil S. Mehta was appointed as Additional Director effective July 1, 2026, and statutory auditors P G Bhagwat LLP were reappointed for a second term.

Likely market impact

The company reported lower profits despite stable standalone revenues (Rs. 1,96,367 Lakhs vs Rs. 1,95,068 Lakhs), which could concern investors. The maintained dividend of Rs. 10 per share signals management confidence but without knowing the current stock price, investors cannot assess dividend yield attractiveness.