Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding a press release dated July 29, 2025, titled "Press Release on Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2025".
DEEPAKFERT · price
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DFPCL's Board approved Q1 FY26 results. Consolidated revenue from operations rose ~16.5% YoY to Rs 2,65,875 lakhs (from Rs 2,28,133 lakhs), while standalone revenue jumped ~29% to Rs 58,366 lakhs. Operating EBITDA grew 10% to Rs 513 Cr, though EBITDA margins compressed 106 bps to 19.3% (from 20.4%) due to weakness in IPA and Ammonia prices. Net profit (consolidated) rose 22% to Rs 244 Cr, with PAT margin expanding 38 bps to 9.1%. EPS stood at Rs 19.26 vs Rs 15.49. On a positive note, Mahadhan AgriTech received a favourable ITAT ruling deleting Rs 581 Cr of tax additions for AY 2016-17 to 2020-21, and penalty demands of Rs 479 Cr are expected to be withdrawn. Subsidiary Deepak Mining Solutions raised Rs 800 Cr via CCDs from Tata Capital and SCM Growth LLP. Net debt reduced to Rs 3,078 Cr (Net debt/EBITDA improved to 1.50x from 1.72x). Capex projects at Gopalpur (80% complete) and Dahej (57% complete) are on track for FY26 commissioning. P G Bhagwat LLP was re-appointed as tax auditor for FY 2025-26.
Strong Q1 with double-digit revenue and profit growth, deleveraging, and a major favourable tax ruling that removes a significant overhang. However, EBITDA margin compression from softer IPA/Ammonia prices is a near-term watchpoint. Overall positive for shareholders, with the ITAT order and improved balance sheet strengthening the investment case.