Deepak Fertilizers and Petrochemicals Corporation Limited
5,667words
5turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
60%
30%
38%
44%
13%
34%
80%
100%
Rs. 7,633
rs
,
40.1%
Guidance — 1 items
Drip applied WSF product
opening
“The said grant is in addition to financing of $30 Million • Loan will be used to finance capital expenditure as well as research and development of enhanced-efficiency speciality fertilizers U p d a t e o n U p c o m i n g P r o j e c t s 25 Clearly Defined and Well Funded Capex Program • Total planned Investment: Rs 4,350 cr • Cost incurred to date: Rs.”
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Speaking time
2
1
1
1
Opening remarks
Capacity of Key Products
• IPA: 70 KMTPA • DNA: 889 KMTPA • CNA: 231 KMTPA • Methanol: 100 KMTPA • Liquid CO2: 72 KMTPA Industrial Chemicals Product Portfolio Acids Solvents Specialty Products Manufactured Manufactured Traded Manufactured Iso Propyl Alcohol Dilute Nitric Acid (33%, 54%, 60% & 61.5%) Concentrated Nitric Acid (98%) Strong Nitric Acid (68% & 72%) Liquid Carbon di-oxide Hydrogen Iso Propyl Alcohol (IPA) Methanol Diisopropyl Ether (Crude) Propane Pharma Grade IPA Solar Grade Nitric Acid Wipes and Skin Antisepsis Surface Disinfectants Electronic Grade IPA Hand Sanitizers Surface Disinfectants Taloja, Maharashtra (Acids & Solvents) Srikakulam, Andhra Pradesh (Acids) Production Facilities P h a r m a / S p e c i a l i t y C h e m i c a l s B u s i n e s s 14 DFPCL is a Leading Manufacturer and Marketer of IPA in India IPA Demand-Supply KMTPA Market by Applications FY22 220 130 FY22 -90 309 130 11% 1% 6% 7% 220 KMTPA FY27E 75% Supply Demand Deficit -179 Pharma Inks and Coatings Chemical Derivatives San
Soil applied Bentonite Sulphur
# All India Market share • • Largest Bentonite Sulphur production capacity 60 KMTPA Introduced differentiated Superfast Bensulf with Fast Released and Enhanced Efficiency Technology 20%
Drip applied WSF product
# Core Command Market Share • Introduced crop specific high value add customized solutions in fruits and vegetable crops (Solutek) WSF product C N B B u s i n e s s 17 High Efficiency Differentiated Fertiliser Offerings Successful Ramp-up of Smartek – Demonstrated Ability to Develop & Scale up Value Based Solution • Smartek is a unique product in Energy Efficiency Fertilisers category with the proprietary Nutrient Unlock Technology (NUT) which helps the famers through – ▪ Reduces fixation (lock up) & increases bio availability of Phosphorus ▪ Retains nutrient & moisture within top soil, reduces soil binding (clay/sodic) ▪ Organic matter acts as a feed to micro-organisms for improved nutrient uptake ▪ Helps in developing profuse root system • 50,000+ demos of Smartek have been undertaken across geographies for establishing proof of concept • ~ 6 million farmers have used Smartek which has helped them increase in yield along with ensuring highest quality of produce and improved yield Pio
Other Highlights
• World’s most proven and latest energy efficient technology - KBR • All statutory approvals has been obtained; the project has been accorded ‘Ultra Mega Project’ status by the State Government of Maharashtra • All Plant & Machinery delivered to site • Import substitution of Ammonia promoting “Aatmanirbhar Bharat Abhiyaan” T A N P l a n t U p d a t e 27 TAN Project – Site Construction Work In Progress (September 2022) • Why TAN Project: • Strategically located at ‘Tata SEZ’ at Gopalpur near the major mining hubs to capture domestic demand, substitute imports and take advantage of export opportunities • Increase TAN production capacity to global scale and improve domestic market share to > 65% •
Other Highlights
• Riding on the India Growth Story: Mining, Coal for Power, Limestone for Cement/Infrastructure, Metals/Minerals • World-Class technology to enhance Mine Productivity • Environmental clearance and CRZ clearance obtained; CTE for cross country pipeline received. Land preparation and pilling work commenced Piling and Load Testing Internal Road C a p i t a l M a r k e t U p d a t e 28 Promoters’ pledged shares now restricted to 2.67% and NDU obligation (and not ‘pledge’) to 3.66% of paid up share capital after release of 50,00,000 Pledged Shares and 29,01,569 NDU Shares in Oct 2022 Share Price Performance Chart (LTM) Key Institutional Investors DFPCL S&P BSE MidCap S&P BSE 500 Company DFPCL S&P BSE MidCap S&P BSE 500 Change (%) 112.6% 8.2% 4.4% 1,150 1,075 1,000 925 850 775 700 625 550 475 400 325 250 175 100 e c i r P e r a h S s ' L C P F D o t d s a b e R Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 SMALLCAP WORLD FUND INTERNATIONAL FINANCE
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