Deepak Fertilisers | Business Upturn

Deepak Fertilisers completes Rs 121.45 crore acquisition of Chardham Chemicals

Kinjal — Wed, 06 May 2026 17:32:25 +0000

Deepak Mining Solutions Limited (DMSL), a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation, has successfully completed the acquisition of Chardham Chemicals Private Limited. The transaction, valued at ₹121.45 crore, was finalised on 6th May 2026.

The acquisition of Chardham Chemicals, an explosives manufacturer, is expected to enhance DMSL’s product offerings and enable the company to undertake mine productivity improvement programmes. This strategic move is aligned with DMSL’s Total Cost of Ownership (TCO) model, aiming to deliver value to the mining sector. Additionally, the acquisition will facilitate the export of differentiated products to DMSL’s wholly owned mining servicing subsidiary in Australia and other international markets.

Chardham Chemicals, incorporated on 5th March 2021, is engaged in the manufacturing of explosives. Despite having a paid-up capital of ₹1,00,000, the company reported no turnover for the financial years ending 31st March 2023, 2024, and 2025. The acquisition does not fall under related party transactions, and no regulatory approvals were required to finalise the deal.

The acquisition was completed as a cash transaction, with DMSL acquiring 100% control of Chardham Chemicals. The deal was initially announced on 24th December 2025, and the completion was in accordance with the agreement made on that date.

The acquisition is expected to bolster DMSL’s capabilities in the explosives industry, providing a comprehensive range of products to enhance mine productivity and expand its footprint in the global market.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Deepak Fertilisers addresses significant volume movement in stock

Business Desk — Thu, 16 Apr 2026 09:23:46 +0000

Deepak Fertilisers and Petrochemicals Corporation has responded to a query from the BSE regarding a significant increase in the trading volume of its shares across exchanges. The company confirmed its compliance with SEBI regulations and stated that all relevant announcements have been duly disclosed.

The BSE had observed a notable rise in the volume of Deepak Fertilisers‘ securities and sought clarification from the company. In response, Deepak Fertilisers assured that it has consistently adhered to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasised that there are no pending announcements or undisclosed information that could influence the price or volume behaviour of its shares.

Deepak Fertilisers attributed the volume movement to market dynamics, indicating that it does not have any specific comments on the matter. The company reiterated its commitment to transparency and timely disclosure of all pertinent information to the exchanges.

The BSE’s inquiry was part of its routine surveillance to ensure that investors have access to the latest and most relevant information about listed companies. Deepak Fertilisers’ response was submitted within the stipulated timeframe, as requested by the BSE.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Deepak Fertilisers confirms compliance with disclosure norms amid volume surge

Business Desk — Fri, 27 Mar 2026 09:13:01 +0000

Deepak Fertilisers and Petrochemicals Corporation has responded to regulatory inquiries from the BSE regarding significant volume movement in its security across exchanges in recent weeks.

The company confirmed on 27 March 2026 that it has been strictly complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by filing all relevant disclosures and announcements within stipulated timeframes.

In its response to the BSE Surveillance Department, Deepak Fertilisers stated that it has disclosed all information and announcements required to be made as and when required. The company further confirmed there is no pending information or announcement that may have a bearing on the price or volume behaviour of its security.

The company noted that it has no specific comment on the volume movement, characterising it as market-driven. The response was filed by Rabindra Kumar Purohit, VP – Legal, Compliance and Company Secretary, confirming the company’s regulatory standing and transparency in disclosure practices.

The volume movement letter was issued by the BSE Surveillance Department, which routinely seeks clarifications from listed companies when significant volume or price movements are noted. Such inquiries are standard regulatory practice to ensure that any price-sensitive information has been properly disclosed to the market.

Deepak Fertilisers’ response underscores its commitment to maintaining compliance with listing obligations and ensuring timely dissemination of material information to the stock exchanges and investors.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Deepak Fertilisers re-appoints Ernst & Young as internal auditors for FY 2026-27

Arunika Jain — Thu, 26 Mar 2026 10:47:48 +0000

Deepak Fertilisers and Petrochemicals Corporation has announced the re-appointment of Ernst & Young LLP as its internal auditors for the financial year 2026-27. The decision was made during the company’s board meeting held on 26th March 2026.

The re-appointment of Ernst & Young, a global leader in assurance, tax, transaction, and advisory services, was based on the recommendation of the Audit Committee. The firm is registered as a Limited Liability Partnership under the Limited Liability Partnership Act, 2008 in India.

The board meeting, which commenced at 11:00 a.m. and concluded at 3:55 p.m., approved the re-appointment as part of its agenda. The details of the re-appointment have been disclosed as per the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated 30th January 2026.

Deepak Fertilisers has made this information available on its official website, ensuring transparency and compliance with regulatory obligations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Deepak Fertilisers novates LNG supply agreement to subsidiary DGPL

Yash Agarwal — Wed, 25 Mar 2026 15:03:52 +0000

Deepak Fertilisers and Petrochemicals Corporation has novated its long-term liquefied natural gas (LNG) supply agreement to its wholly-owned subsidiary, Deepak Globalchem PTE. LTD (DGPL). The agreement, originally signed with Equinor ASA on 19th February 2024, allows for the supply of up to 0.65 million tonnes of LNG annually over a 15-year period starting in 2026.

The novation agreement, executed on 25th March 2026, transfers all rights and obligations under the original LNG supply agreement from Deepak Fertilisers to DGPL. The terms of the supply arrangement remain unchanged, ensuring continuity in the commercial aspects of the deal.

DGPL, based in Singapore, is a wholly-owned subsidiary of Deepak Fertilisers, with 100% of its share capital held by the parent company. As part of the novation, DGPL assumes the role of buyer under the LNG supply agreement, while Deepak Fertilisers is released from its obligations post-novation. The corporate guarantee support provided by Deepak Fertilisers remains subject to agreed conditions.

The transaction does not qualify as a related party transaction, as DGPL is a subsidiary of Deepak Fertilisers and the agreement is executed at arm’s length. No shares are being issued as part of this transaction, and there are no loan agreements or material cumulative loans involved.

This strategic move aligns with Deepak Fertilisers’ broader objectives of streamlining its operations and enhancing its global presence through its subsidiary network.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Why Deepak Fertilisers shares are falling over 6% today? Explained

Aman Shukla — Thu, 29 Jan 2026 09:51:36 +0000

Shares of Deepak Fertilisers and Petrochemicals Corporation Limited declined sharply by 6% after the company reported a weak set of financial results for the third quarter, despite healthy growth in revenue. The stock reaction reflected investor concerns over a steep fall in profitability and operating margins on a year-on-year basis.

For the quarter ended December, the company’s net profit fell sharply by 43.6% to ₹141.5 crore, compared with ₹251 crore in the corresponding quarter last year. The significant drop in profit came even as revenue from operations increased by 9.7% to ₹2,830 crore, up from ₹2,579 crore in Q3 of the previous financial year.

Operating performance remained under pressure during the quarter. EBITDA declined by 27.4% year-on-year to ₹353 crore, compared with ₹486 crore reported in the same period last year. The contraction in operating profit led to a sharp erosion in margins, with EBITDA margin falling to 12.5% from 18.9% a year ago.

Deepak Fertilisers Q3 Results: Net profit falls 44.1% YoY to Rs 141.49 crore, revenue up 9.7%

Aman Shukla — Thu, 29 Jan 2026 09:49:39 +0000

Deepak Fertilisers and Petrochemicals Corporation Limited reported a mixed set of financial results for the third quarter ended December 31, 2025, with revenue growth on a year-on-year basis but noticeable pressure on profitability.

For Q3 FY26, revenue from operations stood at ₹2,830.07 crore, compared with ₹2,579.02 crore in Q3 FY25, reflecting a YoY increase of 9.7%. Total income for the quarter rose to ₹2,876.23 crore from ₹2,591.58 crore in the same period last year, registering a growth of 11.0% YoY.

Total expenses increased to ₹2,681.72 crore in Q3 FY26, compared with ₹2,290.79 crore in Q3 FY25. This represents a YoY rise of 17.1%. The increase in expenses was higher than the growth in income, which impacted operating performance during the quarter.

Profit before tax for the December 2025 quarter declined to ₹194.51 crore from ₹300.79 crore reported a year ago, a YoY decrease of 35.3%. Total tax expense stood at ₹53.02 crore, compared with ₹47.70 crore in Q3 FY25, reflecting a YoY increase of 11.2%.

Net profit after tax came in at ₹141.49 crore in Q3 FY26, down from ₹253.09 crore in the corresponding quarter last year. This translates into a YoY decline of 44.1%.

Deepak Fertilisers shares jumps nearly 3% as Emkay initiates coverage with a Buy rating and a target price of Rs 2,000

Aman Shukla — Wed, 19 Nov 2025 03:54:13 +0000

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) saw its shares climb nearly 3% after Emkay Global initiated coverage on the company with a buy rating and a target price of ₹2,000. As of 9:22 AM, the shares were trading 2.40% higher at Rs 1,446.60

According to Emkay, the company is in the middle of a meaningful transition from a traditionally commodity-driven model to a more specialty-focused business. This strategic shift is expected to support steady margin expansion over the next several years. The firm noted that as demand continues to strengthen across key sectors, Deepak Fertilisers’ evolving portfolio places it on a stronger footing for long-term profitability.

Emkay also expects the ongoing capacity expansions to significantly boost performance, projecting at least 50% EBITDA growth between FY26 and FY28. The brokerage believes that rising demand, better operational efficiencies and a more premium product mix will be the major contributors to this growth.

In addition to business expansion, Deepak Fertilisers has already restructured its operations into separate entities and plans to formally demerge them within the next two to three years. Emkay noted that this strategic move could unlock meaningful value and drive a potential re-rating for each division, as investors will be able to assess the businesses independently.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Why are Deepak Fertilisers shares falling over 4% today? Explained

Aditya Bhagchandani — Thu, 06 Nov 2025 04:20:41 +0000

Shares of Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) declined 4.14% to Rs 1,442.20 in early trade on Thursday, following the company’s weaker operating performance for the quarter ended September 2025 (Q2 FY26).

Earnings snapshot

The company reported a consolidated net profit of Rs 214 crore, nearly flat compared to the same quarter last year.
Revenue from operations grew 9% year-on-year to Rs 3,005.83 crore from Rs 2,746.72 crore in Q2 FY25.

However, EBITDA fell 6% year-on-year, with margins contracting to 15.4% from 18% in the previous year. The decline was primarily due to pressure in the chemicals segment, where the isopropyl alcohol (IPA) and ammonia businesses saw a 21% year-on-year revenue fall amid pricing volatility and global trade shifts.

Management commentary

Chairman and Managing Director S.C. Mehta stated that the second quarter reflected the company’s strategic transformation and disciplined execution, supported by its focus on speciality products and customer-centricity.
He added that the fertiliser and Technical Ammonium Nitrate (TAN) segments performed strongly, while the chemicals business faced headwinds due to global price corrections in benzene and acetone and higher U.S. imports.

Stock performance

As of 9:48 AM on November 6, the stock was trading at Rs 1,442.20, down Rs 62.30 from the previous close of Rs 1,504.50. The scrip moved within a day range of Rs 1,409.60 to Rs 1,472.30, with a market cap of Rs 18,224 crore and a P/E ratio of 18.56.

Deepak Fertilisers Q1 Results: Revenue jumps 17% YoY to Rs 2,659 crore, net profit up 22% YoY

Aman Shukla — Tue, 29 Jul 2025 09:15:24 +0000

Deepak Fertilisers and Petrochemicals Corporation Ltd. reported a strong performance in Q1 FY26, driven by steady operational execution and a strategic shift towards specialty products. The company’s consolidated operating revenue rose 17% year-on-year to ₹2,659 crore, supported by higher volumes in Croptek, Nitric Acid, and IPA.

Operating EBITDA for the quarter stood at ₹513 crore, marking a 10% YoY growth, while margins came in at 19.3%. Profit before tax increased by 28% to ₹345 crore. Net profit rose 22% YoY to ₹244 crore, though it fell 12% sequentially. PAT margins expanded by 38 basis points to 9.1% over the same period last year.

The fertiliser segment was a major driver, posting a 125% YoY rise in profit, offsetting a 9% drop in the chemical segment, which faced pricing pressure in IPA and Ammonia. Specialty products gained traction, now contributing 45% of CNB revenue. Croptek volumes surged 73% YoY, while specialty fertilisers saw 21% growth.

Despite a capex of ₹377 crore, net debt reduced to ₹3,078 crore in Q1 FY26, improving the net debt to EBITDA ratio to 1.5x. Additionally, Mahadhan AgriTech received a favourable ITAT ruling, nullifying tax demands worth ₹581 crore, with penalty orders worth ₹479 crore also expected to be withdrawn.

Top Q1 Results Today, July 29: L&T, Asian Paints, NTPC, Amber Enterprises, Bank of India, Deepak Fertilisers and more to announce earnings

Aman Shukla — Tue, 29 Jul 2025 00:30:24 +0000

Several major Indian companies are scheduled to announce their financial results for the first quarter of FY26 on Tuesday, July 29. Key players across sectors such as infrastructure, paints, power, insurance and manufacturing are on the list.

Larsen & Toubro (L&T) and Asian Paints, both Nifty 50 constituents, will be closely watched. NTPC Ltd, India’s largest power utility, is also set to post its Q1 results today.

Here’s a full list of companies declaring their Q1 FY26 results today:

Asian Paints Ltd
Larsen & Toubro Ltd (L&T)
NTPC Ltd
Amber Enterprises India Ltd
Allied Blenders and Distillers Ltd
Apar Industries Ltd
Arvind Ltd
ASK Automotive Ltd
Bank of India
Blue Dart Express Ltd
Craftsman Automation Ltd
Dilip Buildcon Ltd
Deepak Fertilisers & Petrochemicals Corp. Ltd
Emami Paper Mills Ltd
Gateway Distriparks Ltd
GMR Airports Infrastructure Ltd
Greenply Industries Ltd
Happiest Minds Technologies Ltd
Kolte-Patil Developers Ltd
Lloyds Engineering Works Ltd
New India Assurance Company Ltd
Novartis India Ltd
Piramal Enterprises Ltd
Strides Pharma Science Ltd
Star Health and Allied Insurance Company Ltd
Varun Beverages Ltd
V-Guard Industries Ltd
Welspun Corp Ltd
Zee Media Corporation Ltd

Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.

Deepak Fertilisers stock surges 15% as revenue jump 39% YoY to Rs 2,579 crore in Q3 FY25

Aman Shukla — Wed, 29 Jan 2025 09:25:18 +0000

Deepak Fertilisers’ shares surged over 15% following the company’s impressive Q3 FY25 financial results, showing substantial growth in both revenue and profitability. As of 2:53 PM, the shares were trading 15.09% higher at Rs 1,287.55.

The company reported a 39% year-on-year (YoY) rise in operating revenue, reaching ₹2,579 crore, up from ₹1,853 crore in Q3 FY24. Despite a 6% sequential dip from ₹2,747 crore in Q2 FY25, the results highlight strong annual growth.

Net profit for Q3 FY25 saw an extraordinary 318% YoY increase, skyrocketing to ₹253 crore, compared to ₹61 crore in the same quarter last year. On a sequential basis, net profit also grew by 18%, from ₹214 crore in Q2 FY25. The PAT margin surged to 10%, reflecting improved operational efficiencies.

Operating EBITDA also witnessed remarkable growth, up 72% YoY to ₹486 crore, with an EBITDA margin expansion of 362 basis points to 19%. This marks a strong improvement in profitability compared to the previous year’s margin of 15%.

For the nine-month period ending December 31, 2024, Deepak Fertilisers reported a 15% YoY revenue increase, totaling ₹7,607 crore. Net profit soared by 181%, reaching ₹667 crore, and the PAT margin improved by 515 basis points to 9%.

Deepak Fertilisers shares opened at ₹1,129.00, with a daily high of ₹1,296.00 and a low of ₹1,124.90. The stock’s 52-week high stands at ₹1,443.10, while the 52-week low is ₹450.00.

Deepak Fertilisers shares surge 20% in past one month – Check details

Aman Shukla — Sat, 16 Nov 2024 06:25:07 +0000

Deepak Fertilisers has delivered an impressive 20% gain in the past month, reflecting strong investor sentiment. On Thursday, the stock opened at ₹1,251.90, touched a high of ₹1,324.95, and dipped to a low of ₹1,250.00 before closing at ₹1,282.45, marking a 3.64% increase for the day.

The rally comes amid robust performance and increased trading activity, making it a favourite for market participants. Below is a detailed look at the stock’s performance over the last 30 days:

Date	Price	Open	High	Low	Change %
Nov 14, 2024	1,282.45	1,251.90	1,324.95	1,250.00	+3.64%
Nov 13, 2024	1,237.35	1,301.00	1,313.40	1,225.00	-4.96%
Nov 12, 2024	1,301.90	1,291.95	1,363.95	1,284.45	+1.62%
Nov 11, 2024	1,281.10	1,337.70	1,341.95	1,274.65	-3.70%
Nov 08, 2024	1,330.35	1,346.00	1,379.85	1,325.00	-1.18%
Nov 07, 2024	1,346.20	1,397.00	1,397.00	1,337.00	-3.27%
Nov 06, 2024	1,391.65	1,321.60	1,403.95	1,310.05	+5.31%
Nov 05, 2024	1,321.45	1,250.00	1,350.00	1,250.00	+3.43%
Nov 04, 2024	1,277.60	1,245.00	1,290.00	1,190.00	+2.35%
Nov 01, 2024	1,248.25	1,258.00	1,274.00	1,236.50	-0.26%
Oct 31, 2024	1,251.45	1,203.00	1,263.00	1,187.20	+3.02%
Oct 30, 2024	1,214.75	1,325.00	1,335.95	1,196.85	-1.40%
Oct 29, 2024	1,231.95	1,135.00	1,333.00	1,115.35	+9.10%
Oct 28, 2024	1,129.20	1,154.00	1,178.85	1,111.25	-0.40%
Oct 25, 2024	1,133.70	1,116.00	1,171.00	1,060.05	+0.73%
Oct 24, 2024	1,125.50	1,082.40	1,142.85	1,073.20	+0.60%
Oct 23, 2024	1,118.75	971.20	1,134.00	956.10	+16.53%
Oct 22, 2024	960.05	999.00	1,020.25	954.60	-3.08%
Oct 21, 2024	990.60	1,020.50	1,031.50	985.00	-2.86%
Oct 18, 2024	1,019.80	1,030.05	1,032.40	1,000.90	-1.41%
Oct 17, 2024	1,034.40	1,064.70	1,065.45	1,026.40	-2.52%
Oct 16, 2024	1,061.15	1,050.00	1,067.80	1,038.05	+1.41%