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Deepak Fert & Petro

₹1192.6 -9 | 0.7%

Market Cap ₹15106 Cr.

Stock P/E 33.0

P/B 2.7

Current Price ₹1192.6

Book Value ₹ 448.2

Face Value 10

52W High ₹1443.4

Dividend Yield 0.71%

52W Low ₹ 453.2

Deepak Fert & Petro Research see more...

Overview Inc. Year: 1979Industry: Fertilizers

Deepak Fertilisers and Petrochemicals Corporation Ltd is a holding organization. The Company is engaged in the business of fertilizers, agri offerings, bulk chemicals, mining chemical substances and value-added real estate. The Company’s segments consist of Chemicals, Bulk Fertilisers, Realty and Windmill. Its Chemicals section gives products, such as ammonia, methanol, dilute nitric acid, concentrated nitric acid, carbon dioxide (CO2), technical ammonium nitrate, iso-propyl alcohol, propane, bulk and speciality chemical. Its Bulk Fertilisers phase gives products, together with nitro phosphate (NP), muriate of potash, diammonium phosphate (DAP), single super phosphate, sulphur, micronutrients, single superphosphate (SSF) and bio fertilizers. Its Realty segment consists of real estate business. Its Windmill section consists of windmill power. It gives a number of NP, nitrogen phosphorous potassium variants, water soluble fertilizers and bentonite sulphur to Indian farmers beneath its Mahadhan logo.

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Deepak Fert & Petro Share Price

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Peer Comparison

Deepak Fert & Petro Quarterly Results

#(Fig in Cr.) Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 3031 2719 2755 2796 2313 2424 1853 2086 2281 2747
Other Income 11 27 31 15 20 19 11 72 12 7
Total Income 3042 2746 2785 2811 2333 2443 1864 2159 2293 2754
Total Expenditure 2291 2225 2294 2326 2032 2138 1570 1648 1817 2253
Operating Profit 752 522 492 484 301 305 293 510 476 501
Interest 44 43 53 55 79 107 106 112 111 103
Depreciation 59 56 55 69 59 81 91 102 95 100
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 649 422 384 360 162 117 97 296 270 299
Provision for Tax 214 146 131 103 49 53 36 77 70 85
Profit After Tax 436 276 252 257 114 63 61 220 200 214
Adjustments -2 -4 -3 -2 -4 -3 -3 -5 -4 -4
Profit After Adjustments 434 272 249 255 110 60 58 215 196 210
Adjusted Earnings Per Share 36 21.5 19.8 20.2 8.7 4.8 4.6 17 15.5 16.6

Deepak Fert & Petro Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 3915 3812 4309 4150 5995 6742 4685 5808 7663 11301 8676 8967
Other Income 47 31 72 16 24 54 95 33 44 84 123 102
Total Income 3961 3844 4382 4166 6019 6796 4781 5841 7707 11385 8799 9070
Total Expenditure 3398 3519 3953 3677 5450 6283 4221 4853 6307 9135 7389 7288
Operating Profit 564 325 429 489 569 514 560 988 1400 2249 1409 1780
Interest 101 111 130 121 173 229 243 188 155 195 404 432
Depreciation 114 124 122 135 163 171 214 212 233 239 334 388
Exceptional Income / Expenses -11 9 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 337 98 177 230 230 110 103 588 1013 1816 672 962
Provision for Tax 96 31 60 76 66 36 14 182 325 595 215 268
Profit After Tax 240 67 117 155 164 73 89 406 687 1221 457 695
Adjustments 0 1 -1 -0 -1 -3 -2 -6 -9 -11 -15 -16
Profit After Adjustments 241 68 116 154 163 71 87 400 678 1210 443 679
Adjusted Earnings Per Share 26.4 7.5 12.8 17 17.9 7.8 9.5 39 56.2 95.9 35.1 53.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -23% 14% 5% 8%
Operating Profit CAGR -37% 13% 22% 10%
PAT CAGR -63% 4% 44% 7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 77% 48% 67% 24%
ROE Average 9% 19% 16% 12%
ROCE Average 12% 19% 16% 13%

Deepak Fert & Petro Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 1453 1472 1536 2016 2046 2098 2181 2703 3884 5067 5408
Minority's Interest 0 6 -0 8 40 44 43 97 118 126 38
Borrowings 592 339 488 472 626 1771 2084 2187 2321 3231 3063
Other Non-Current Liabilities 144 154 159 -116 -46 -27 81 130 141 180 123
Total Current Liabilities 950 1470 2300 2510 4231 3159 2497 1997 2241 2817 3054
Total Liabilities 3139 3440 4482 4890 6897 7044 6885 7113 8705 11421 11686
Fixed Assets 1427 1384 1317 2051 2184 2204 2676 2585 2608 2477 6067
Other Non-Current Assets 325 223 550 655 1186 1905 1804 2102 3060 4560 1462
Total Current Assets 1387 1833 2614 2184 3528 2935 2406 2427 3038 4384 4158
Total Assets 3139 3440 4482 4890 6897 7044 6885 7113 8705 11421 11686

Deepak Fert & Petro Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 100 90 55 218 93 92 89 158 158 161 279
Cash Flow from Operating Activities 415 -54 -110 796 -132 1310 578 1248 1211 493 732
Cash Flow from Investing Activities -70 -189 -62 -840 -1139 -576 -156 -634 -1430 -979 -375
Cash Flow from Financing Activities -356 205 330 -81 1269 -737 -354 -613 221 604 -410
Net Cash Inflow / Outflow -11 -38 157 -125 -1 -3 69 1 3 118 -53
Closing Cash & Cash Equivalent 90 52 212 93 92 89 158 158 161 279 226

Deepak Fert & Petro Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 26.44 7.47 12.78 16.96 17.88 7.77 9.48 38.99 56.25 95.86 35.05
CEPS(Rs) 39 21 26.27 31.84 35.98 26.93 32.86 60.22 76.29 115.66 62.66
DPS(Rs) 6.5 4 5 6 6 3 3 7.5 9 10 8.5
Book NAV/Share(Rs) 158.97 161.18 168.82 221.64 224.94 225.12 232.31 263.21 322.1 401.38 428.41
Core EBITDA Margin(%) 12.44 7.27 7.85 10.81 8.99 6.81 9.33 15.71 16.83 18.09 13.3
EBIT Margin(%) 10.54 5.17 6.77 8.04 6.66 5.03 6.95 12.77 14.49 16.79 11.12
Pre Tax Margin(%) 8.11 2.42 3.9 5.26 3.8 1.63 2.07 9.68 12.56 15.17 6.94
PAT Margin (%) 5.79 1.65 2.58 3.53 2.71 1.09 1.79 6.69 8.53 10.2 4.72
Cash Profit Margin (%) 8.54 4.73 5.27 6.62 5.4 3.63 6.08 10.17 11.42 12.2 8.17
ROA(%) 7.91 2.02 2.96 3.3 2.78 1.05 1.28 5.81 8.69 12.13 3.96
ROE(%) 17.69 4.57 7.81 8.71 8.08 3.59 4.25 16.79 20.87 27.28 8.73
ROCE(%) 18.22 7.94 9.66 9.34 8.4 6.33 6.76 15.04 19.98 26.54 11.86
Receivable days 63.3 78.71 100.58 119.19 98.65 91 97.98 66.02 34.95 35.23 59.71
Inventory Days 26.05 34.13 40.82 46.29 38.33 43.21 55.43 39.65 38.09 35.12 46.23
Payable days 37.42 37.22 39.02 56.35 53.99 82.55 153.21 124.32 98.43 75.98 94.75
PER(x) 4.41 17.77 11.19 14.96 15.56 16.58 7.67 5.82 10 5.72 14.4
Price/Book(x) 0.73 0.82 0.85 1.14 1.24 0.57 0.31 0.86 1.75 1.37 1.18
Dividend Yield(%) 5.41 2.92 3.39 2.29 2.09 2.26 4 3.31 1.6 1.83 1.68
EV/Net Sales(x) 0.49 0.66 0.71 1.02 0.99 0.61 0.71 0.79 1.18 0.89 1.16
EV/Core EBITDA(x) 3.42 7.8 7.08 8.63 10.48 7.96 5.96 4.65 6.48 4.46 7.13
Net Sales Growth(%) 46.44 -2.61 13.03 -3.69 44.45 12.46 -30.51 23.97 31.93 47.47 -23.23
EBIT Growth(%) 65.05 -52.29 47.01 14.58 14.7 -15.99 2.03 124.38 50.36 72.21 -46.49
PAT Growth(%) 85.99 -72.31 76.05 31.9 6.13 -55.23 21.15 356.62 69.15 77.59 -62.55
EPS Growth(%) 86 -71.73 71.02 32.72 5.42 -56.56 21.98 311.4 44.27 70.42 -63.43
Debt/Equity(x) 0.67 0.94 1.28 1 1.73 1.48 1.37 0.93 0.67 0.71 0.75
Current Ratio(x) 1.46 1.25 1.14 0.87 0.83 0.93 0.96 1.22 1.36 1.56 1.36
Quick Ratio(x) 1.1 0.97 0.87 0.67 0.65 0.67 0.69 0.9 0.89 1.11 0.97
Interest Cover(x) 4.34 1.88 2.36 2.9 2.33 1.48 1.42 4.13 7.54 10.32 2.66
Total Debt/Mcap(x) 0.9 1.14 1.51 0.87 1.39 2.58 4.35 1.07 0.38 0.52 0.63

Deepak Fert & Petro Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 47.58 45.46 45.46 45.46 45.46 45.46 45.46 45.63 45.63 45.63
FII 15.98 16.29 15.51 15.23 9.58 9.11 9.29 8.91 9.84 9.67
DII 1.67 6.55 5.92 5.98 5.92 6.68 7.35 7.01 6.3 10.01
Public 34.76 31.7 33.11 33.33 39.05 38.76 37.9 38.46 38.23 34.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 44% CAGR over last 5 years
  • Company has reduced debt.

Cons

  • Promoter holding is low: 45.63%.
  • Debtor days have increased from 75.98 to 94.75days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Deepak Fert & Petro News

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