Deepak Fertilisers Q1 Results: Revenue jumps 17% YoY to Rs 2,659 crore, net profit up 22% YoY
Deepak Fertilisers and Petrochemicals Corporation Ltd. reported a strong performance in Q1 FY26, driven by steady operational execution and a strategic shift towards specialty products. The company's consolidated operating revenue rose 17% year-on-year to ₹2,659 crore, supported by higher volumes in Croptek, Nitric Acid, and IPA.
Operating EBITDA for the quarter stood at ₹513 crore, marking a 10% YoY growth, while margins came in at 19.3%. Profit before tax increased by 28% to ₹345 crore. Net profit rose 22% YoY to ₹244 crore, though it fell 12% sequentially. PAT margins expanded by 38 basis points to 9.1% over the same period last year.
The fertiliser segment was a major driver, posting a 125% YoY rise in profit, offsetting a 9% drop in the chemical segment, which faced pricing pressure in IPA and Ammonia. Specialty products gained traction, now contributing 45% of CNB revenue. Croptek volumes surged 73% YoY, while specialty fertilisers saw 21% growth.
Despite a capex of ₹377 crore, net debt reduced to ₹3,078 crore in Q1 FY26, improving the net debt to EBITDA ratio to 1.5x. Additionally, Mahadhan AgriTech received a favourable ITAT ruling, nullifying tax demands worth ₹581 crore, with penalty orders worth ₹479 crore also expected to be withdrawn.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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