NSE:DEEPAKFERT · Risk Score Report

NSE:DEEPAKFERTNSEBasic Materials

Deepak Fertilisers And Petrochemicals Corporation Limited

📊 Chemicals

Day ₹1,222

₹1,250 Overbought

52W ₹866

₹1,779 Neutral

₹1,245.05

▲ ₹26.15 (+2.15%)

Vol: 194,048 · Avg: 584,140

As of April 29, 2026 · 06:30 IST

COMPOSITE RISK SCORE

VAL:17/25 · FIN:11/25 · GRO:10/25 · TECH:16/25

📈 P/E RATIO

18.0x

Trailing

📖 P/B RATIO

2.4x

Price to Book

💰 EPS

₹69.36

TTM

🏛 MARKET CAP

₹15,733Cr

Mid Cap

📊 ROE

15.0%

Return on Equity

📈 REV GROWTH

9.7%

YoY

🏢 Company Analysis · Deepak Fertilisers And Petrochemicals Corporation Limited

💼 BUSINESS MODEL

Deepak Fertilisers And Petrochemicals Corporation Limited engages in the manufacture, trade, and sale of bulk chemicals in India..
It operates through the Chemicals, Bulk Fertilisers, and Realty segments..
The company offers chemicals, including ammonia, methanol, dilute nitric acid, concentrated nitric acid, carbon dioxide, technical ammonium nitrate, iso-propyl alcohol, propane, and bulk and speciality chemicals; and bulk fertilisers, such as nitro phosphate, mutriate of potash, diammonium phosphateap, ammonium sulphate, mixtures, single super phosphate, sulphur, micronutrients, SSF, and bio fertilisers..
It is involved in the real estate business..
Operates in Chemicals within the Basic Materials sector.
Workforce of 1,018 employees.

🏰 MOAT & COMPETITION

Mid-cap (₹15,733 Cr) — growing company in a competitive landscape.
Key competitors: SRF, Andhra Sugars, Tata Chemicals, Deepak Fertilis..

🚀 CATALYSTS

No specific near-term catalysts identified from available data.

⚖️ ASYMMETRY CHECK

Analyst target range: ₹1,390 — ₹2,000 (mean ₹1,673, 3 analysts).
Favorable asymmetry — upside potential of +61% vs downside floor of +12% (5.2x reward-to-risk).
P/E of 18.0x — fair value territory; catalysts needed for re-rating.

🔭 FUTURE OUTLOOK

Analyst consensus: None (3 analysts).
Latest quarter earnings declined -44% YoY — watch for recovery signals.

✅ PROS

None identified

❌ CONS

None identified

VALUATION

17/25

25% WEIGHT

P/E at 18x
P/B at 2.4x
Analyst target: ₹1673 (+34.4%)
1Y return: -3.7%

FINANCIAL HEALTH

11/25

25% WEIGHT

ROE: 15.0%
Profit margin: 7.8%
Revenue growth: 9.7%
Debt/Equity: 62%

GROWTH

10/25

25% WEIGHT

Revenue growth: 9.7%
Earnings growth: -43.6%
Beta: -0.35
Sector: Basic Materials

TECHNICAL

16/25

25% WEIGHT

RSI, MACD, MA crossovers
200 DMA & 50 EMA position
Volume trend analysis
Price momentum signals

📈 Price Movement

🕯 Candlestick Chart

🎯 Price Prediction · Analyst Target Cone Source: Yahoo Finance Analyst Targets ↗

📉 Valuation Trends (at current CMP)

P/E Ratio at current CMP

💎 Valuation & Financial Metrics

P/E RATIO

18.0x

Trailing twelve months

P/B RATIO

2.4x

Price to Book value

ROE

15.0%

Return on Equity

PROFIT MARGIN

7.8%

Net profit margin

OPM

8.6%

Operating profit margin

ANALYST TARGET

₹1,673

Range: ₹1,390 - ₹2,000

Yahoo Finance ↗

PEG RATIO

0.98

Price/Earnings to Growth

EV/EBITDA

10.8x

Enterprise value ratio

CURRENT RATIO

N/A

Liquidity measure

DIVIDEND YIELD

0.82%

Annual yield

ROA

5.8%

Return on Assets

GROSS MARGIN

30.3%

Gross profit margin

INDUSTRY AVERAGES — COMMODITY CHEMICALS

P/E 18.9x (below avg)

P/B 2.5x (sector fair)

ROCE 15.7% (above avg)

ROE 18% (sector good)

OPM 15% (sector good)

Div Yield 0.78%

D/E <40 (sector comfort)

📋 Quarterly Performance Trend

Quarter	Revenue	QoQ %	Net Profit	QoQ %	Op. Cash Flow	EBITDA Margin
Q2 FY25	₹2,747 Cr	—	₹210 Cr	—	N/A	18.2%
Q3 FY25	₹2,579 Cr	-6.1%	₹251 Cr	+19.3%	N/A	19.3%
Q4 FY25	₹824 Cr	-68.1%	₹277 Cr	+10.6%	N/A	63.4%
Q1 FY26	₹2,659 Cr	+222.8%	₹243 Cr	-12.3%	N/A	20.2%
Q3 FY26	₹2,830 Cr	+6.4%	₹141 Cr	-41.8%	N/A	14.1%

📊 Year-on-Year Trend

FY	Revenue	YoY %	Net Profit	YoY %	Op. Cash Flow	YoY %
FY22	₹6,554 Cr	—	₹678 Cr	—	₹1,211 Cr	—
FY23	₹8,700 Cr	+32.8%	₹1,210 Cr	+78.4%	₹493 Cr	-59.3%
FY24	₹7,098 Cr	-18.4%	₹453 Cr	-62.6%	₹732 Cr	+48.4%
FY25	₹8,431 Cr	+18.8%	₹934 Cr	+106.2%	₹1,880 Cr	+156.9%

📈 Revenue vs Earnings

🎯 EPS: Estimate vs Actual

💰 How Deepak Fertilisers And Petrochemicals Corporation Limited Makes Its Money

🏦 Snapshot of Deepak Fertilisers And Petrochemicals Corporation Limited's Balance Sheet

💸 Looking into Deepak Fertilisers And Petrochemicals Corporation Limited's Cash Flow

📅 Quarterly Results Source: Screener ↗

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	2,313	2,424	1,853	2,086	2,281	2,747	2,579	2,667	2,659	3,006	2,830
YOY Sales Growth %	-23.69%	-10.85%	-32.75%	-25.37%	-1.37%	13.31%	39.21%	27.85%	16.54%	9.43%	9.73%
Expenses +	2,032	2,138	1,570	1,648	1,817	2,253	2,093	2,187	2,146	2,542	2,477
Material Cost %	74%	72%	65%	59%	62%	66%	65%	66%	65%	69%	71%
Employee Cost %	5%	6%	6%	7%	7%	6%	6%	4%	6%	5%	5%
Operating Profit	281	286	282	438	464	494	486	480	513	464	353
OPM %	12%	12%	15%	21%	20%	18%	19%	18%	19%	15%	12%
Other Income +	20	19	11	72	12	7	13	50	24	27	46
Other income normal	20.37	18.99	11.12	72.28	11.75	6.87	12.56	49.64	23.77	26.99	46.16
Interest	79	107	106	112	111	103	98	101	88	75	96
Depreciation	59	81	91	102	95	100	100	109	103	106	108
Profit before tax	162	117	97	296	270	299	301	320	345	310	195
Tax %	30%	46%	37%	22%	26%	28%	16%	13%	29%	31%	27%
Net Profit +	114	63	61	230	200	214	253	278	244	214	141
Minority share	-4	-3	-3	-5	-4	-4	-2	-1	-1	-1	0
Profit excl Excep	114	63	61	230	200	214	253	278	244	214	141
Profit for PE	110	60	58	225	196	210	251	277	243	213	141
Profit for EPS	110	60	58	225	196	210	251	277	243	213	141
YOY Profit Growth %	-75%	-78%	-77%	-12%	78%	249%	336%	23%	24%	1%	-44%
EPS in Rs	8.72	4.76	4.56	17.83	15.49	16.64	19.86	21.96	19.26	16.89	11.21
Raw PDF

📊 Profit & Loss Statement Source: Screener ↗

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	5,995	6,742	4,685	5,808	7,663	11,301	8,676	10,274	11,162
Sales Growth %	44.45%	12.46%	-30.51%	23.97%	31.93%	47.47%	-23.23%	18.42%
Expenses +	5,451	6,285	4,221	4,848	6,307	9,135	7,389	8,350	9,352
Manufacturing Cost %	3%	3%	5%	5%	4%	3%	4%	4%
Employee Cost %	4%	4%	7%	6%	6%	5%	6%	6%
Other Cost %	7%	8%	8%	7%	6%	5%	7%	6%
Operating Profit	544	457	465	961	1,356	2,165	1,287	1,925	1,810
OPM %	9%	7%	10%	17%	18%	19%	15%	19%	16%
Other Income +	23	54	95	27	44	84	123	81	147
Exceptional items	3	21	64	6	15	34	85	24
Other income normal	20	33	31	21	29	50	38	56
Interest	173	229	243	188	155	195	404	413	360
Depreciation	163	171	214	212	233	239	334	403	427
Profit before tax	230	110	103	588	1,013	1,816	672	1,189	1,169
Tax %	29%	33%	14%	31%	32%	33%	30%	21%
Net Profit +	164	73	89	406	687	1,221	468	945	877
Profit from Associates	0	0	0	0	0	0	0	0
Minority share	-1	-3	-2	-6	-9	-11	-15	-11
Exceptional items AT	2	14	55	4	10	23	42	17
Profit excl Excep	162	60	34	402	677	1,198	426	928
Profit for PE	161	57	33	396	668	1,188	412	917
Profit for EPS	163	71	87	400	678	1,210	453	934
Profit Growth %	4%	-64%	-43%	1,105%	69%	78%	-65%	122%
EPS in Rs	16.04	6.97	8.50	38.99	56.24	95.86	35.87	73.95	69.32
Dividend Payout %	33%	37%	31%	19%	16%	10%	24%	14%

🏦 Balance Sheet Source: Screener ↗

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	88	88	89	103	121	126	126	126	126
Reserves	1,958	2,010	2,092	2,600	3,764	4,941	5,416	6,110	6,388
Borrowings +	3,532	3,032	3,015	2,593	2,656	3,699	4,149	4,152	4,440
Long term Borrowings	626	1,771	2,084	2,187	2,321	3,231	3,063	2,777	3,595
Short term Borrowings	2,839	1,176	719	327	263	382	983	1,156	642
Lease Liabilities	0	0	87	80	72	86	104	220	203
Other Borrowings	67	85	124	0	0	0	0	0
Other Liabilities +	1,413	1,988	1,735	1,865	2,204	2,655	2,226	2,516	4,072
Non controlling int	40	44	43	97	118	126	38	17	642
Trade Payables	909	1,484	1,294	1,297	1,416	1,777	1,285	1,714	2,332
Advance from Customers	29	8	16	15	47	22	32	31
Other liability items	435	452	382	456	623	730	872	754	1,098
Total Liabilities	6,991	7,118	6,931	7,161	8,744	11,421	11,917	12,905	15,026
Fixed Assets +	2,189	2,209	2,712	2,621	2,644	2,678	6,258	6,292	6,211
Land	351	413	437	483	319	273	273	358
Building	400	427	539	536	774	601	845	739
Plant Machinery	1,673	1,746	2,173	2,238	2,388	2,580	6,152	6,340
Equipments	25	35	76	38	44	47	63	76
Furniture n fittings	58	60	67	67	81	91	103	118
Vehicles	22	30	31	28	30	38	43	48
Intangible Assets	43	43	61	64	65	65	46	50	67
Other fixed assets	12	17	61	106	112	362	404	607
Gross Block	2,584	2,770	3,445	3,559	3,812	4,057	7,930	8,338
Accumulated Depreciation	396	562	733	939	1,168	1,379	1,672	2,046
CWIP	654	1,370	1,310	1,619	2,428	3,528	754	1,408	2,230
Investments	388	252	12	449	879	600	261	186	589
Other Assets +	3,761	3,286	2,897	2,472	2,794	4,615	4,644	5,018	5,996
Inventories	768	828	684	637	1,045	1,259	1,192	1,069	1,740
Cash Equivalents	100	116	259	246	289	499	361	444	247
Loans n Advances	153	63	44	48	70	96	80	96	90
Other asset items	774	882	635	617	770	1,071	1,535	1,793	2,205
Total Assets	6,991	7,118	6,931	7,161	8,744	11,421	11,917	12,905	15,026

💰 Cash Flow Statement Source: Screener ↗

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	796	-132	1,310	578	1,248	1,211	493	732	1,880
Profit from operations	478	576	484	527	991	1,398	2,200	1,307	1,969
Receivables	204	-656	567	110	348	293	-1,079	214	-148
Inventory	101	-264	-59	141	47	-408	-215	66	124
Payables	-39	470	575	-220	8	110	364	-499	434
Operating investments	18	-32	0	0	0	0	0	0	0
Other WC items	86	-157	-226	37	26	139	-240	-43	-76
Working capital changes	370	-639	857	69	429	134	-1,170	-262	333
Direct taxes	-52	-69	-31	-17	-173	-322	-536	-313	-423
Exceptional CF items	0	0	0	0	0	0	0	0	0
Cash from Investing Activity +	-840	-1,139	-576	-156	-634	-1,430	-979	-376	-1,062
Fixed assets purchased	-745	-941	-723	-449	-237	-990	-1,209	-885	-1,136
Fixed assets sold	0	0	1	98	3	1	1	59	19
Capital WIP	0	0	0	0	0	0	0	0	0
Investments purchased	-103	-237	-5,844	-2,268	-2,705	-7,339	0	0	0
Investments sold	4	4	5,996	2,508	2,270	6,930	316	372	86
Interest received	5	6	9	14	12	14	15	24	12
Dividends received	0	0	1	0	0	0	0	0	0
Redemp n Canc of Shares	0	0	0	28	9	0	0	0	0
Acquisition of companies	0	0	0	-14	0	-2	0	0	-64
Other investing items	-0	29	-16	-74	14	-42	-101	53	21
Cash from Financing Activity +	-81	1,269	-737	-354	-613	221	604	-410	-689
Proceeds from shares	-0	-0	-0	25	176	510	-0	-0	-0
Proceeds from debentures	-0	-0	-0	210	216	-0	-0	-0	-0
Redemption of debentures	-0	-0	-0	-0	-0	-0	-0	-0	-0
Proceeds from borrowings	-0	-0	325	3,382	616	542	1,352	3,363	2,805
Repayment of borrowings	-0	-0	-825	-3,686	-1,237	-385	-230	-3,084	-2,919
Interest paid fin	-121	-173	-226	-234	-338	-331	-380	-518	-436
Dividends paid	-2	-73	-61	-33	-26	-86	-114	-135	-117
Financial liabilities	-0	-0	-0	-19	-21	-17	-25	-35	-57
Other financing items	42	1,515	50	-0	-0	-12	-0	-0	35
Net Cash Flow	-125	-1	-3	69	1	3	118	-54	129
Free Cash Flow	51	-1,073	588	227	1,014	222	-716	-94	763
CFO/OP	179%	-12%	293%	128%	148%	113%	48%	81%	120%

📈 Key Financial Ratios

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	115	120	76	99	58	30	55	62	57
Inventory Days	63	62	57	75	61	76	60	74	58
Days Payable	54	73	102	143	124	103	85	80	94
Cash Conversion Cycle	124	108	30	32	-5	3	30	56	22
Working Capital Days	-50	-72	-32	-28	-17	-18	15	20	2
ROCE %	9%	8%	6%	5%	14%	19%	25%	11%	16%

🏭 Industry Peers — Commodity Chemicals

#	Company	CMP	P/E	Mkt Cap	ROCE	Qtr Profit	Score
1	SRF ★	₹2,573	41.2	₹76,272	12.3%	+85.5%	82
2	Andhra Sugars	₹104	14.0	₹1,416	3.5%	+7082.3%	80
3	Tata Chemicals	₹792	74.2	₹20,183	4.0%	—	74
4	Deepak Fertilis.	₹1,245	18.0	₹15,721	15.7%	-43.6%	66
5	G N F C	₹478	11.3	₹7,019	9.6%	-8.0%	64
6	GHCL	₹520	9.4	₹4,784	24.2%	-37.1%	63
7	Tanfac Inds.	₹2,520	67.1	₹5,027	41.8%	-55.3%	63
8	Grauer & Weil	₹72	23.2	₹3,265	23.3%	-25.0%	63
9	Tuticorin Alkali	₹55	18.9	₹676	38.0%	+87.1%	63

★ SRF ranks higher on combined P/E, ROCE, and growth metrics in Commodity Chemicals

🏛 Shareholding Pattern

	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%
FIIs	11.56%	10.73%	11.25%	10.94%	10.31%	10.31%
DIIs	8.82%	11.33%	12.27%	12.61%	13.17%	13.24%
Public	33.99%	32.32%	30.86%	30.82%	30.91%	30.83%
No. of Shareholders	1,92,498	1,93,083	2,08,392	2,12,266	1,99,706	1,96,724

🟢 CATALYSTS

🏆Positive Revenue Growth: Revenue growing at 9.7% YoY.

💹Analyst Upside (34%): Mean target of ₹1673 above current price.

🔀Low Beta (-0.35): Less volatile than market — defensive play.

🔴 RISKS

📜Market Risk: Broader market correction or sentiment shift could impact stock.

💰Sector Risk: Regulatory or competitive changes in Basic Materials space.

🔓Execution Risk: Growth may not meet elevated expectations.

🕸 Factor Analysis · Radar

Momentum 6/10
1M +37.0%, 6M -17.2%, RSI 66, MACD bullish, Below 200DMA

Sentiment 8/10
Analyst upside +34.4%, Rec: none

Value 8/10
P/E 18.0, P/B 2.4, PEG 0.98, EV/EBITDA 10.8

Quality 5/10
Margin 7.8%, D/E 62

Low Volatility 8/10
Beta -0.35, Ann. vol 41%

🎯 Decision Matrix

Action	If Stock Rises	If Stock Falls
BUY	Capture 34.4% analyst upside	Fundamentals provide base support
HOLD	Retain existing position; wait for better entry; FII stake falling (+0.00%)	Miss further upside if momentum continues; 1M return of +37.0% shows momentum
SELL	Lock in -3.7% 1Y return	Avoid further drawdown

REASONS TO BUY

Analyst upside of 34.4% with mean target of ₹1,673
ROCE at 16% indicates strong capital efficiency
Revenue growing at 9.7% YoY (sector norm: 5%)

REASONS TO SELL / AVOID

FII stake falling (+0.00%) — institutional exit signal

📰 Latest News

India's Deepak Fertilisers posts quarterly profit fall on softer chemical demand, high costs

Reuters · 2026-01-29T10:43

Petronet LNG and Performance Chemiserve enter LNG regasification agreement

Offshore Technology · 2025-07-11T14:48

RECOMMENDATION

HOLD

COMPOSITE SCORE

54/100

Deepak Fertilisers And Petrochemicals Corporation Limited trades at ₹1,245.05 with a composite risk score of 54/100. The stock scores 17/25 on valuation, 11/25 on financial health, 10/25 on growth, and 16/25 on technicals. The company is currently profitable with moderate return on equity.

Analyst consensus suggests upside of 34.4% with a mean target of ₹1673. Revenue growth is at 9.7%.

Within Commodity Chemicals, SRF (P/E 41.2, ROCE 12.3%) ranks higher on techno-fundamental metrics and may be worth considering.

Bottom Line: Neutral for Basic Materials — wait for better entry or catalyst. The current recommendation is HOLD.

UPSIDE POTENTIAL CHEAP