India's Deepak Fertilisers posts quarterly profit rise on strong demand

SRF

29/07/2025 12:02

July 29 (Reuters) - India's Deepak Fertilisers and Petrochemicals DPFE.NS posted a 24.4% rise in quarterly profit on Tuesday, as demand for its crop nutrition products remained healthy.

The company's consolidated net profit rose to 2.43 billion rupees ($28 million) in the first quarter, from 1.96 billion rupees a year earlier.

The company's fertilizers and chemicals segments made up nearly half of overall revenue.

The segments clocked 28.23% and 7.7% growth in revenue, respectively.

For further earnings highlights, click [here]

KEY CONTEXT

Analysts said fertiliser makers like Deepak Fertilisers will outperform their agrochemical peers in the quarter ending June, as volume growth, price hikes, and strong demand for complex fertilisers boost profitability.

Moreover, the industry remains insulated from U.S. tariff risks and competition from China, the world’s top chemical exporter, due to its minimal presence in India’s fertiliser sector.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
Profit growth (%)
Mean rating*
No. of analysts
Stock to price target**
Div yield (%)
Deepak Fertilisers and Petrochemicals Corp Ltd
DPFE.NS
17.18
9.29
10.19
18.19
Buy
1
1.00
0.65
Coromandel International Ltd
CORF.NS
30.22
19.87
8.02
27.40
Buy
10
0.96
0.49
SRF Ltd
SRFL.NS
44.14
23.86
13.60
44.42
Hold
25
1.03
0.25
Sumitomo Chemical India
SUMH.NS
44.27
33.73
12.51
21.36
Strong Buy
6
0.99
0.21

* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

APRIL-JUNE STOCK PERFORMANCE

-- All data from LSEG IBES

-- $1 = 86.7790  Indian rupees

DPFE APRIL-JUNE https://tmsnrt.rs/4m8NKdY

 (Reporting by Yagnoseni Das in Bengaluru; Editing by Harikrishnan Nair and Ronojoy Mazumdar)

 ((Yagnoseni.Das@thomsonreuters.com;))