Deepak Fertilizers & Petrochemicals Corp Ltd
Incorporated in 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd is in the business of fertlisers, agri services, bulk chemicals, mining chemicals and real estate[1]
- Market Cap ₹ 7,680 Cr.
- Current Price ₹ 608
- High / Low ₹ 715 / 450
- Stock P/E 27.7
- Book Value ₹ 239
- Dividend Yield 1.60 %
- ROCE 13.0 %
- ROE 9.98 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 20.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 45.0%
Cons
- The company has delivered a poor sales growth of -5.91% over past five years.
- Company has a low return on equity of 9.74% over last 3 years.
- Earnings include an other income of Rs.142 Cr.
- Promoter holding has decreased over last 3 years: -10.2%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,341 | 2,604 | 3,801 | 3,708 | 4,243 | 2,057 | 3,187 | 3,149 | 1,708 | 1,811 | 2,289 | 2,350 | 2,084 | |
1,953 | 2,284 | 3,294 | 3,409 | 3,881 | 1,829 | 3,000 | 3,033 | 1,596 | 1,424 | 1,962 | 1,976 | 1,734 | |
Operating Profit | 388 | 320 | 507 | 298 | 362 | 228 | 187 | 116 | 112 | 387 | 327 | 374 | 351 |
OPM % | 17% | 12% | 13% | 8% | 9% | 11% | 6% | 4% | 7% | 21% | 14% | 16% | 17% |
52 | 60 | 33 | 37 | 52 | 15 | 65 | 23 | 68 | 45 | 88 | 134 | 142 | |
Interest | 68 | 82 | 101 | 110 | 129 | 53 | 71 | 80 | 85 | 87 | 69 | 51 | 43 |
Depreciation | 82 | 97 | 103 | 117 | 118 | 53 | 50 | 48 | 72 | 73 | 80 | 67 | 70 |
Profit before tax | 290 | 201 | 336 | 108 | 168 | 137 | 131 | 11 | 22 | 272 | 266 | 390 | 380 |
Tax % | 27% | 27% | 28% | 28% | 28% | 34% | 14% | 29% | -40% | 23% | 26% | 25% | |
213 | 147 | 244 | 78 | 120 | 90 | 113 | 8 | 31 | 209 | 198 | 291 | 277 | |
EPS in Rs | 21.00 | 14.49 | 24.05 | 7.73 | 11.82 | 8.91 | 11.13 | 0.78 | 2.99 | 20.35 | 16.40 | 23.08 | 21.97 |
Dividend Payout % | 23% | 33% | 24% | 45% | 37% | 59% | 47% | 334% | 87% | 37% | 55% | 43% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -6% |
3 Years: | 11% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 20% |
3 Years: | 170% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 32% |
3 Years: | 33% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 10% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 88 | 88 | 88 | 88 | 88 | 88 | 88 | 88 | 89 | 103 | 121 | 126 | 126 |
Reserves | 1,135 | 1,226 | 1,403 | 1,437 | 1,483 | 1,477 | 1,528 | 1,468 | 1,507 | 1,908 | 2,606 | 2,869 | 2,896 |
897 | 1,124 | 962 | 1,384 | 1,948 | 1,329 | 1,368 | 674 | 801 | 780 | 570 | 366 | 404 | |
497 | 523 | 706 | 555 | 925 | 441 | 653 | 787 | 557 | 471 | 488 | 487 | 549 | |
Total Liabilities | 2,617 | 2,961 | 3,159 | 3,464 | 4,445 | 3,335 | 3,637 | 3,017 | 2,954 | 3,262 | 3,785 | 3,848 | 3,975 |
1,307 | 1,413 | 1,388 | 1,351 | 1,263 | 762 | 719 | 700 | 1,106 | 1,040 | 1,037 | 1,034 | 1,013 | |
CWIP | 120 | 27 | 94 | 141 | 395 | 92 | 194 | 506 | 23 | 24 | 11 | 19 | 40 |
Investments | 119 | 344 | 305 | 301 | 138 | 959 | 1,116 | 835 | 823 | 934 | 1,153 | 1,985 | 1,795 |
1,071 | 1,178 | 1,372 | 1,671 | 2,649 | 1,522 | 1,609 | 976 | 1,002 | 1,264 | 1,585 | 810 | 1,127 | |
Total Assets | 2,617 | 2,961 | 3,159 | 3,464 | 4,445 | 3,335 | 3,637 | 3,017 | 2,954 | 3,262 | 3,785 | 3,848 | 3,975 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
85 | 249 | 414 | -73 | -99 | -7 | -224 | 830 | -34 | 457 | 392 | 247 | |
-187 | -343 | -62 | -191 | -61 | 106 | 319 | -48 | 61 | -590 | -608 | 40 | |
-31 | 51 | -357 | 209 | 318 | -225 | -104 | -813 | 22 | 67 | 224 | -294 | |
Net Cash Flow | -134 | -44 | -6 | -55 | 158 | -126 | -8 | -31 | 50 | -66 | 8 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 90 | 74 | 92 | 132 | 89 | 119 | 51 | 88 | 50 | 19 | 25 |
Inventory Days | 50 | 48 | 46 | 51 | 66 | 33 | 30 | 17 | 26 | 40 | 27 | 29 |
Days Payable | 51 | 42 | 47 | 29 | 52 | 51 | 65 | 69 | 84 | 78 | 57 | 56 |
Cash Conversion Cycle | 87 | 97 | 73 | 114 | 146 | 72 | 84 | -1 | 30 | 11 | -11 | -2 |
Working Capital Days | 61 | 73 | 51 | 89 | 127 | 115 | 83 | -1 | 20 | 20 | -6 | 15 |
ROCE % | 17% | 12% | 18% | 8% | 9% | 6% | 7% | 3% | 3% | 14% | 11% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
19 Apr - Credit Rating for proposed Commercial Paper Programme
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 19 Apr
- Compliance Certificate Under Regulation 40 (9) Of SEBI (LODR) Regulations, 2015 18 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March 2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT REC
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Business Overview:[1][2]
Company is a manufacturer of fertilizers and industrial chemicals with products in industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest concept retail destination for Home Interiors & Design. Company is also investing in cloud computing, process automation, mobile apps, unified communication, and collaboration tools