Company’s Crop Nutrition Business (CNB) continue to out-perform, revenue up by 55 per cent YOY, driven by good monsoon and execution of crop focus value added strategy.
Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of industrial & mining chemicals and fertilisers (DFPCL) announced its results for the quarter ended December 31, 2024.
Key Highlights for Q3FY25:
Consolidated Revenues: Company saw a strong 39 per cent growth, reaching Rs. 2,579 crores for the Q3 FY25. Company witnessed a remarkable 72 per cent increase in EBITDA, bringing it to Rs. 486 crores with a sustainable EBITDA margin improved from 15 per cent to 19 per cent. Company registered a phenomenal 318 per cent jump in Net profit reaching Rs. 253 crores.
Crop Nutrition Business (Fertilisers) Review
In Q3 FY25, manufactured bulk fertilizer achieved robust sales of 231 KMT, marking a 64% year-over-year increase. For the first 9 months, sales rose by 52 per cent, driven by above-normal monsoon rains in the operating region.
Company’s flagship products, Smartek and Croptek, saw exceptional sales growth, with volumes rising by 186 per cent and 56 per cent, respectively. This performance was driven by the successful execution of our Go-To-Market strategy and strong demand-generation initiatives. Both products focus on Nutrient Unlocking Technology, which helps improve yield per acre. Sale of specialty fertilizer Bensulf and water-soluble fertilizers was 19 KMT, up 8 per cent YoY.
Reflecting on the company’s performance, S.C. Mehta, Chairman and Managing Director of DFPCL, stated, “India faced a slightly slower start to the year, but with the government’s ongoing focus on investment-led growth and strong structural drivers, we remain confident about the future of the chemical and fertilizer industries. Our Q3 FY25 results reflect the strength of this confidence, highlighting the success of our strategic transition from commodity products to high-value specialty offerings, moving from customer to end consumers supported by effective backward integration and innovation.
