DEEPAK FERTILISERS & PETROCHEMICALS: Best Ever Q3 and 9M Financial Performance

 DEEPAK FERTILISERS & PETROCHEMICALS: Best Ever Q3 and 9M Financial Performance

  •   Best Ever Q3 and 9M Financial Performance with High Growth Trajectory in Place Around 40% Gas Tied Up for Ammonia Project at Attractive Discount to Spot
  • 11.2 % PAT Margin (9M FY2022: 7.1%)    
  •   Segment Performance: • 9M Chemicals Segment contributed ~87% of segment profits. Revenues grew by 60% y-o-y and margins increased from 21% (9M FY22) to 33% (9M FY23) 
  • • 9M Fertilisers Segment revenues grew by 39% y-o-y with segment margins of 7%  
  •   Institutional holdings grew to 21% in Dec 2022 from 6% in Dec 2019; Total shareholders grew from 102,200 in Dec 2019 to 193,465 in Dec 2022
  • Corporate Restructuring: Announced Demerger plan of its Mining Chemicals & Fertiliser Businesses in Dec 2022; Composite scheme of arrangement has been admitted by National Company Law Tribunal (NCLT) on January 25, 2023    

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