9 months ago
Deepak Fertilisers Q2 Revenue Up 9%, Profit Steady at ₹214 Crore
Deepak Fertilisers, a company that makes fertilizers and chemicals, had a good second quarter.
Their sales went up by 9% compared to last year.
Even though they faced some challenges in their chemicals business due to global issues, their fertilizer and a special chemical called TAN did really well.
This helped keep their profit about the same as last year, at ₹214 crore.
For the first half of the year, both their sales and profits have grown.
They are also investing a lot of money in new projects, like plants for making TAN and nitric acid, which are almost ready.
They also bought a company in Australia that helps with mining.
The company's leaders are happy with how they are doing and are focused on growing by making special products and being efficient.
DFPCL reported a 9% year-on-year revenue increase for Q2 FY26, reaching ₹464 crore in EBITDA.
Profit after tax (PAT) for Q2 FY26 remained steady at ₹214 crore, while PAT for the first half grew 11% to ₹458 crore.
The fertilizer segment showed robust growth with 36% year-on-year increase, driven by strong demand for Croptek and Solutek.
Key projects including Gopalpur TAN and Dahej Nitric Acid plant are progressing towards commissioning by end of FY26.
DFPCL completed the full acquisition of Platinum Blasting Services (PBS) in Australia and invested ₹870 crore in capital expenditure in the first half.
- Who
- Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
- What
- Reported Q2 FY26 financial results showing 9% year-on-year revenue growth and steady profit after tax (PAT).
- Where
- India (operations), Australia (acquisition)
- When
- Second Quarter of FY26, results published on November 7, 2025
- Why
- Driven by strong performance in fertilizer and Technical Ammonium Nitrate (TAN) businesses, despite temporary global headwinds in the Chemicals segment.
Company Performance
Market Factors
Business Segment Performance
Company Performance
Fertilizer and Technical Ammonium Nitrate (TAN) businesses showed strong growth, with fertilizer segment up 36% year-on-year and Croptek volumes rising 54%. Specialty products contributed significantly to revenue.
Market Factors
The Chemicals segment faced temporary global headwinds, impacting its performance.
Financials
Company Performance
EBITDA grew 9% year-on-year to ₹464 crore, and profit after tax (PAT) remained steady at ₹214 crore for Q2 FY26. PAT for the first half grew 11% to ₹458 crore.
Market Factors
While overall revenue and EBITDA grew, PAT for the quarter was steady, indicating that increased costs or other factors may have offset revenue gains in the short term.
Key facts
- Company
- Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
- Reporting Period
- Second Quarter FY26
- Revenue Growth (Q2)
- 9% year-on-year
- EBITDA (Q2)
- ₹464 crore
- Profit After Tax (PAT) (Q2)
- ₹214 crore (steady)
- Profit After Tax (PAT) (First Half)
- ₹458 crore (11% growth)
- Capital Expenditure (First Half)
- ₹870 crore
- Acquisition
- Full acquisition of Platinum Blasting Services (PBS) in Australia
Quotes
Sailesh C Mehta
Chairman and Managing Director, DFPCL
“Q2 FY26 reaffirms the strength of our strategic transformation and disciplined execution, anchored in our focus on specialty products, customer-centricity, and operational agility. Our fertilizer and TAN businesses continue to deliver robust performance, while the Chemicals segment faced temporary global headwinds. With ongoing efficiency initiatives, strategic acquisitions, and strong project progress, we remain well-positioned for sustained growth and long-term value creation.”
thehindubusinessline.com
