Deepak Fertilisers Reports Strong Q1 Results: Net Profit Surges 101% YoY Driven by Integrated Value Chain

Deepak Fertilisers Reports Strong Q1 Results: Net Profit Surges 101% YoY Driven by Integrated Value Chain​

Pune, India, July 30, 2026 – Deepak Fertilizers and Petrochemicals Corporation Limited (DFPCL), a key player in industrial and mining chemicals in India, announced robust results for the quarter ended June 30, 2026. The company reported significant growth across its operations, with consolidated revenue increasing 22% year-on-year (YoY) to ₹3,256 Cr, while Net Profit After Tax (PAT) rose by 101% YoY and 252% quarter-on-quarter (QoQ).

The strong performance underscores the company’s strategic focus on its integrated value chain, which spans LNG sourcing to downstream products in Ammonia, Nitric Acid, and Isopropyl Alcohol (IPA).

Operational Highlights and Profit Growth​

DFPCL achieved a record high in Operating EBITDA at ₹845 Cr, marking a 65% increase YoY and a 139% QoQ rise. This margin expansion was attributed to favorable industry pricing and improved realizations across its core segments, including TAN (Technical Ammonium Nitrate), Nitric Acid, and IPA. The overall EBITDA margin stood at 26.0%, up from 19.3% in the previous year.

Net Profit After Tax saw a substantial increase of 101% YoY to ₹490 Cr, which boosted the PAT Margin to 15.0%. During the quarter, consolidated revenues were reported as ₹3,26,221 Lakhs.

The company’s transition towards differentiated solutions also contributed to earnings quality. Specialty and Croptek products accounted for 43% of Crop Nutrition revenues, while B2C revenues made up 17% of Mining Chemicals sales.

Project Milestones and Strategic Positioning​

DFPCL confirmed that two major growth projects are nearing completion and are expected to begin contributing to profitability from the third quarter (Q3) onwards. These include:

• The Gopalpur TAN Project, which has reached approximately 96% completion.
• The Dahej Nitric Acid Project, which is at about 93% completion, with commissioning activities underway.

The management noted that these projects will significantly strengthen the company’s leadership in Nitric Acid and Technical Ammonium Nitrate while improving operating leverage. Strategic investments over the last decade into LNG and ammonia integration, as well as specialty products, are now translating into tangible business outcomes.

Looking ahead, DFPCL remains positioned favorably due to its integrated gas-to-ammonia platform and a long-term LNG sourcing strategy. The company also highlighted that Deepak Mining Solutions Limited completed the acquisition of Chardham Chemicals Private Limited on May 6, 2026, for a consideration of ₹2,145 Lakhs.

Financial Performance Metrics (Consolidated)​

The consolidated results for the quarter ending June 30, 2026, are summarized below:

Reappointment of Tax Auditors​

During the Board meeting held on July 30, 2026, the company approved the re-appointment of M/s P G Bhagwat LLP, Chartered Accountants (Firm Registration Number: 101118W/W100682), as the Tax Auditor for the financial year 2026-27.

The Board also reviewed and approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026, which were reviewed by statutory auditors.

DEEPAKFERT Stock Price Movement​

Shares of Deepak Fertilizers and Petrochemicals Corporation Limited are edging higher to ₹1646.6 as of 1:30 PM today, gaining 1.25% in trading after moving up ₹20.30. The stock has maintained strong momentum throughout the session, hovering within an intraday range spanning from a low of ₹1580 to near its high of ₹1659.7.