Latest news with #DeepakFertilisersandPetrochemicalsCorporationLtd
Time of India
10-07-2025
- Business
- Time of India
Deepak Fertilisers inks pact with Petronet LNG for regasification
Synopsis Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has forged a five-year agreement with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). Petronet LNG will regasify around 25 TBTUs of LNG annually, mainly at its Dahej terminal.
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Business Standard
10-07-2025
- Business
- Business Standard
Deepak Fertilisers inks pact with Petronet LNG for regasification
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday entered into a long-term pact with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). DFPCL, along with its step-down subsidiary Performance Chemiserve Ltd (PCL), have entered into the agreement for a period of five years. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs (Trillion British Thermal Units) of LNG annually, post an initial ramp-up period, primarily at its Dahej terminal, DFPCL said in a regulatory filing. The regasified gas will be primarily supplied to the company and PCL's manufacturing facilities units at Taloja, Mumbai, for internal consumption, it said. With the last mile regasification contract, the company will be uniquely placed to deliver a value chain right from gas to Ammonia to Building Block Nitric Acid, taking it right up to the downstream final products such as NPK fertilisers, industrial chemicals and mining chemicals.
Business Upturn
10-07-2025
- Business
- Business Upturn
Deepak Fertilisers signs 5-year LNG regasification agreement with Petronet LNG
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), along with its step-down subsidiary Performance Chemiserve Ltd (PCL), has signed a long-term LNG regasification agreement with Petronet LNG Ltd (PLL), India's leading LNG infrastructure company. This strategic partnership marks a significant step in securing last-mile connectivity for the company's integrated Gas-to-Ammonia-to-Chemicals value chain. The agreement builds on DFPCL's long-term LNG supply contract with Norwegian energy major Equinor ASA and ensures smooth logistical and commercial arrangements for delivering imported LNG to its manufacturing facilities in Taloja, Mumbai, through the existing national gas grid. Under the terms of the five-year contract, Petronet LNG will regasify approximately 25 TBTUs of LNG annually—after an initial ramp-up phase—primarily at its Dahej terminal. The regasified natural gas will then be supplied to DFPCL and PCL's units for internal consumption, powering a robust production line that stretches from ammonia to nitric acid and downstream products such as NPK fertilisers, industrial chemicals, and mining chemicals. This end-to-end integration provides DFPCL with a unique competitive edge, enabling it to deliver customised, value-added chemical solutions across sectors. The deal also supports the company's forward integration strategy, reinforcing its ambition to offer risk-mitigated and value-accretive products aligned with India's industrial and agricultural growth. Importantly, the agreement is a domestic transaction, with no promoter or related party involvement, and is executed on an arm's length basis. With this critical tie-up, Deepak Fertilisers continues to enhance its strategic infrastructure and supply security—strengthening its position as a key player in India's chemical and fertiliser ecosystem. Ahmedabad Plane Crash 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
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Business Standard
22-05-2025
- Business
- Business Standard
Deepak Fertilisers Q4 results: PAT jumps 20.7% to ₹277 cr on higher income
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday posted a 20.74 per cent rise in consolidated net profit to Rs 277.66 crore for the fourth quarter of the 2024-25 fiscal on higher income. The company reported a net profit of Rs 229.96 crore a year ago, according to a regulatory filing. Its total income rose 26 per cent to Rs 2,716.99 crore during the January-March quarter of 2024-25, from Rs 2,158.56 crore in the year-ago period. The company's expenses remained higher at Rs 2,396.99 crore against Rs 1,862.20 crore. For the full 2024-25 fiscal, the company posted a two-fold jump in consolidated net profit to Rs 944.67 crore from Rs 467.56 crore in the previous year. The company said its strategic investments are on track. The overall progress in the TAN project in Gopalpur is at 75 per cent, and the same for the Nitric Acid project in Dahej is at 48 per cent. Bulk fertiliser manufactured sales volume in Q4 surged 68 per cent, driven by increased adoption of the innovative crop focus nutrient solution, it added. Despite a capex of Rs 655 crore in FY25, the company's net debt reduced to Rs 3,305 crore from Rs 3,426 crore on healthy cash generation. DFPCL Chairman and Managing Director SC Mehta said, "With an above-average monsoon forecast, we expect robust Kharif season demand for crop-specific solutions". Mining chemicals growth from FY25 is likely to continue into FY26, driven by increasing power demand and infrastructure investments. The health sector is projected to expand, supported by government and private initiatives, boosting our pharma/speciality chemicals portfolio, he added.
Business Upturn
22-05-2025
- Business
- Business Upturn
Deepak Fertilisers Q4 FY25 Results: Revenue up 28% to Rs 2,667 crore, Net profit jumps 21% YoY
By Aditya Bhagchandani Published on May 22, 2025, 15:46 IST Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported a strong Q4 FY25 performance, with consolidated net profit rising 21% year-on-year to ₹278 crore from ₹230 crore in the year-ago period. Revenue from operations for the quarter surged 28% YoY to ₹2,667 crore, while operating EBITDA grew 10% YoY to ₹480 crore. EBITDA margin, however, narrowed to 18% from 21% last year. On a full-year basis, revenue stood at ₹10,274 crore, up 18% YoY. The company reported an impressive 50% rise in annual EBITDA to ₹1,925 crore, while FY25 net profit more than doubled to ₹945 crore from ₹468 crore last year, marking a 102% jump. The company highlighted a strategic shift from commodity to speciality products, with the speciality business now contributing 22% to total revenue, up from 17% in FY24. The bulk fertiliser segment achieved a milestone of over 1 million MT in sales during FY25. The board has also recommended a 100% dividend. Growth capex projects remain on track, with the TAN project in Gopalpur 75% complete and the Nitric Acid project in Dahej reaching 48% completion. Despite a capex spend of ₹655 crore, the company managed to reduce net debt from ₹3,426 crore to ₹3,305 crore, improving its net debt-to-EBITDA ratio to 1.72x from 2.66x YoY. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
