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Deepak Fertilizers & Petrochemicals Corp Ltd share Price Today

Company details

544.05
559.80
450.00
714.70
6M Return -7.06%
1Y Return 1.89%
Mkt Cap.(Cr) 7,042.82
Volume 368,881
Div Yield 1.82%
OI
-
OI Chg %
-
Volume 368,881

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Commodity Chemicals company Deepak Fertilisers & Petrochemicals Corporation announced Q1FY24 results:

  • Operating Revenue of Rs 2,313 crore compared to Rs 3,031 crore, down 23.7% YoY
  • Operating EBITDA of Rs 281 crore compared to Rs 740, down 62.1% YoY
  • EBITDA Margins of 12.1% compared to 24.4% in Q1FY23
  • Net Profit of Rs 114 crore compared to Rs 436 crore, down 73.9% YoY
  • Net Profit Margin of 4.9% compared to 14.3%, down 945 bps

Commenting on the performance, Sailesh C. Mehta, Chairman & Managing Director: “Despite facing various challenges in our Chemical and Fertiliser businesses during the Q1 FY24, we remained resilient and committed to growth.

  • We encountered adverse price fluctuations in TAN due to the dumping of cheap Russian FGAN into India, as Russian products found resistance in countries sympathetic to the Ukraine cause.
  • NA sales volumes were better YoY although NA production was impacted on account of the extended shutdown, while IPA sales volumes exceeded expectations with more favourable market conditions and SGQR implementation.
  • Reduced NBS subsidy on channel inventory of Rs 161 crore and delayed monsoons impacted our Crop Nutrition business.

As it was envisaged in the post-Covid swing back of prices of Raw Materials and Finished Products, it was expected that in a quarter or so, there is a possibility of gaps in margins as the re-calibration between RM and FG settles back into a fair and balanced equilibrium (which has been the typical long-term average).

The Q1 quarter price swings seemed a transitory quarter in this journey of finding the typical balance.

I am delighted to announce the successful commencement of trial production at our greenfield Ammonia facility in Taloja. We are passionately advancing toward its commercial production. The successful backward integration into Ammonia will provide long-term risk mitigation on the Supply disruption risk for all three businesses of the group. This strategic investment shall not only generate returns to our shareholders but also benefits the Indian economy by reducing import dependence and creating local employment opportunities.”

 

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Deepak Fertilizers & Petrochemicals Corp Ltd shares SWOT Analysis

Strengths (7)

  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (8)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Degrowth in Revenue and Profit

Opportunity (0)

Data not found

Threats (0)

Data not found

Resistance and support

R1 559.5
R2 567.6
R3 576.3
Pivot

550.75

S1 542.6
S2 533.9
S3 525.8
EMA SMA
555.5
552.6
562.7
582.8
568.5
538.7
564.8
592.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-20 533.08 862834 NSE
BNP PARIBAS ARBITRAGE Bulk Purchase 2024-02-20 527.43 22 NSE
BNP PARIBAS ARBITRAGE Bulk Sell 2024-02-20 531.16 950555 NSE
Name Category Shares
DEEPAK CHIMANLAL MEHTA PROMOTER 0.7%
NOVA SYNTHETIC LIMITED PROMOTER 34.53%
ROBUST MARKETING SERVICES PRIVATE LIMITED PROMOTER 8.77%
SOFOTEL INFRA PRIVATE LIMITED PROMOTER 1.54%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Deepak Fertilizers & Petrochemicals Corp Ltd Stocks COMPARISON

Financials( in Cr) Deepak Fertilizers & Petrochemicals Corp Ltd Pidilite Industries Ltd Linde India Ltd SRF Ltd Gujarat Fluorochemicals Ltd
Price 557.90 3,030.00 9,419.50 2,291.30 3,146.80
% Change 1.20 0.49 -2.80 0.26 -1.16
Mcap Cr 7,042.82 154,108.53 80,333.26 67,919.86 34,567.60
Revenue TTM Cr 11,300.69 11,799.10 3,135.52 14,870.25 5,684.66
Net Profit TTM Cr 1,220.88 1,288.87 538.06 2,162.34 1,323.05
PE TTM 14.41 86.09 193.07 50.72 80.37
1 Year Return 1.89 19.52 142.05 -6.80 -5.14
ROCE 25.85 24.24 16.29 21.98 29.38
ROE 27.28 18.93 14.70 22.89 27.07
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 5,067.00 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,096.27 -30,251.22
LAST 3M 104,708.81 -33,860.28
LAST 6M 170,310.47 50,918.71
LAST 12M 264,009.23 128,860.46
Deepak Fertilizers and Petrochemicals Corporation Limited - Analysts/Institutional Investor Meet/Con

May 21, 2024 l NSE Announcement

Deepak Fertilizers And Petrochemicals Corporation Limited - Change in Management

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Aug 25, 2023 Dividend 100
Aug 25, 2022 Dividend 90

Deepak Fertilizers & Petrochemicals Corp Ltd Information

Stock PE (TTM)
14.41
Promoter Holding
45.63%
Book Value
411.1634
ROCE
25.85%
ROE
27.28%
Description
  • Deepak Fertilizers & Petrochemicals Corp Ltd works in the Chemicals sector is having a Market Capitalization worth Rs. 4,402.41 crores, it is incorporated in the year 1979. It has reported consolidated sales of Rs. 1,902.10 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500645, and also listed on the National Stock Exchange (NSE) with the code DEEPAKFERT.

    Deepak Fertilizers & Petrochemicals Corp Ltd (DFPCL) is an Indian manufacturer of industrial and agriculture grade chemicals, crop nutrients, and fertilizers. The company produces nitric acid, low-density prilled ammonium nitrate, ammonium nitro phosphate (ANP), methanol and methanol-based resins, dry ice, and other chemicals. Deepak Fertilizers & Petrochemicals is one of the five major companies producing methanol. The company's manufacturing facilities are located in the Taloja, Srikakulam, Panipat, and Dahej districts. The company has also ventured into real estate with a mall named Creaticity in Pune. The promoters of the company own 53.06% of the stake, Foreign Institutional Investors (FII) own 2.8%, Domestic Institutional Investors (DII) own 5.38% stake in the company, and others (such as public & retail investors) hold the balance of 38.76%.

    In June 2021, quarterly net revenue was Rs. 674.9 crores, which has increased by approximately 37.98 % from Rs. 489.12 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 46.3 crores, which has reduced sharply and decreased by nearly 48.02% from a net profit of Rs. 89.08 crores in June 2020. In June 2021, the reported operating profit was at Rs. 657.46 crores, which is also increased by 42.55% as compared to an operating profit of Rs. 461.21 crores for the quarter ending in June 2020. From an EPS of Rs. 4.51 in June 2020, the EPS of Deepak Fertilizers & Petrochemicals Ltd has risen to an EPS of Rs. 9.98 per share in June 2021. DEEPAKFERT's stock closed at Rs. 407.05 on 26th August’2021 (NSE). Coromandel International Ltd has given a positive return of 125.83% in the last six months and returned 126.19% positively in the previous year.

Registered Address

Sai Hira Survey No 93, Mundhwa, Pune, Maharashtra, 411036

Tel : 91-020-66458000
Email : investorgrievance:dfpcl.com; k.subharaman:dfpcl.co
Website : http://www.dfpcl.com
Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500645
NSE Code : DEEPAKFERT
Book Closure Date (Month) : Aug/Sep
BSE Group : A
ISIN : INE501A01019

FAQ’s on Deepak Fertilizers & Petrochemicals Corp Ltd Shares

You can buy Deepak Fertilizers & Petrochemicals Corp Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Deepak Fertilizers & Petrochemicals Corp Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2024 12:39 PM the closing price of Deepak Fertilizers & Petrochemicals Corp Ltd was Rs.557.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 22, 2024 12:39 PM, the market cap of Deepak Fertilizers & Petrochemicals Corp Ltd stood at Rs. 7,042.82.

The latest PE ratio of Deepak Fertilizers & Petrochemicals Corp Ltd as of May 22, 2024 12:39 PM is 14.41

The latest PB ratio of Deepak Fertilizers & Petrochemicals Corp Ltd as of May 22, 2024 12:39 PM is 0.75

The 52-week high of Deepak Fertilizers & Petrochemicals Corp Ltd share price is Rs. 714.70 while the 52-week low is Rs. 450.00

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