DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Submission of Audio recording of earnings conference call pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Results Earnings Call for Q1FY23 of Deepak Fertilisers & Petrochemicals Corporation
Conference Call with Deepak Fertilisers & Petrochemicals Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript. DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation for the quarter ended 30th June, 2022 Q1FY23 Quarterly Result Announced for Deepak Fertilisers & Petrochemicals Corporation Ltd.
Commodity Chemicals firm Deepak Fertilisers & Petrochemicals Corporation Announced Q1FY23 Result : 233% Jump in Q1 Net Profits EBITDA improved YoY from Rs.290 Cr to Rs. 740 Cr driven by Chemicals Segment Credit Rating upgraded to [ICRA] AA-(Stable) / [ICRA] A1+ Robust top line growth and margin enhancement primarily driven by Chemical segment: Chemicals Segment contributed about 87% of total segment profits. Chemicals revenues doubled to Rs. 1,771 Cr and margins expanded from 19% in Q1 FY22 to 41% in Q1 FY23 Fertilisers segment revenues grew by 26% YoY although segment margins were impacted on account of sharp increase in raw material prices Operating EBITDA Margins increased from 15.2% in Q1 FY22 to 24.3% in Q1 FY23 Adverse movement of key raw material Prices in Q1 (Ammonia up ~106% YoY; Phos Acid up ~92% YoY; RGP up ~35% YoY; Gas up 91% YoY) Debottlenecking of TAN capacity by approx. 33,000 MT and NPK capacity by about 2,00,000 MT through process improvement of the existing plants at Taloja Launched Croptek Cotton and maize grade in the kharif season; Mahadhan Croptek received ‘Golden Peacock Award’ under ‘Golden Peacock Innovative Product/Service Award 2022’ ICRA has upgraded DFPCL and STL “Long Term” Credit Rating to AA- with Stable outlook. “Short Term” Credit Rating is also affirmed to A1+ (Highest Rating) Commenting on the performance, Mr. Sailesh C. Mehta, Chairman & Managing Director: “We have continued our strong operational performance in Q1 FY2023 on the back of improved margins in Chemical segment This persistent business performance is a result of our long-term strategic initiatives, strong market positioning and favourable market conditions. During the Quarter: We experienced strong revenue growth driven by all business segments. As part of overall corporate transformational journey from ‘product to solutions’ and ‘commodity to specialty’: CNB launched Croptek Cotton and maize grade in the kharif season TAN business volume supported by continued demand from Explosives Manufacturing & Coal Segment, higher and improved capacity utilization of Forward Integration cartridge explosives plant and capacity debottlenecking Chemical product portfolio delivered growth in sales volumes as well as significant margins expansion. Fertiliser segment revenue increased significantly although margins impacted due to uncertainties around cost passthroughs and subsidies. Going Forward: We are confident of maintaining strong market share in our key products across the segments. The strong demand outlook of our key products coupled with differentiated product portfolio should support business growth and profitability in the long term. Higher reservoir levels and appropriate monsoon coverage in our core command region is being witnessed. Consumption in Q2 is expected to increase supported by higher commodity prices for cash crops due to robust climatic conditions. In Q2, TAN business focus is to ensure continuous evacuation and operation of TAN plants in view of seasonally lean demand as well as momentum in AN imports. To support continuous production, our country wide warehouse network will be used to distribute build-up stock in H2. Furthermore, the Ammonia Project at Taloja (Maharashtra) and the TAN Plant at Gopalpur (Odisha), are making strong progress on the ground and are on track Long-term growth is expected to be underpinned by change in product mix, head room availability of additional capacities emerging from better operational management and debottlenecking along with greenfield expansions” Result PDF DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2022 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June, 2022
Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2022 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Credit Rating
Intimation of Credit Rating DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor Conference Call Intimation
