Deepak Fertilizers and Petrochemicals Corporation Limited
2,985words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
100%
47.5%
59.7%
17.7%
77.6%
8.9%
85%
40%
25%
31%
59%
Guidance — 3 items
Segment Performance
opening
“• Steel grade Nitric acid for steel pickling application has completed its multi-stage commercial trials successfully and will be launched commercially soon.”
Segment Performance
opening
“The addition of an AN Melt capacity in Phase-1 of the Taloja plant's de- bottlenecking project supported the business and domestic customers, with AN Melt growing at 21% Y-o-Y in Q4FY23.”
Segment Performance
opening
“TAN Project Funding: Tied up entire Debt of Rs.”
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Speaking time
1
Opening remarks
Segment Performance
(+47.5% Y-o-Y) (+59.7% Y-o-Y) EBITDA Margins Profit After Tax (FY2022: 17.7%) (+77.6% Y-o-Y) PAT Margin (FY2022: 8.9%) • • FY23 Chemicals Segment contributed ~85% of segment profits. Revenues grew by 40% y-o-y and margins increased from 25% (FY22) to 31% (FY23) FY23 Fertilisers Segment revenues grew by 59% y-o-y with segment margins of 7% Strong performance despite adverse movement of key RM Prices in FY23: Ammonia▲ ~61% YoY; Phos Acid ▲ ~63% YoY; RGP ▲ ~9% YoY; MOP ▲ 87%, Gas ▲ 87% Net Debt of Rs. 2,518 Cr with Net Debt / Equity of 0.48x (FY22: 0.35x) Demerger: Composite scheme of arrangement has been admitted with National Company Law Tribunal The name of Smartchem Technologies Limited, a material subsidiary of the Company, has been changed to Mahadhan AgriTech Limited (‘MAL’) w.e.f. 20th April, 2023 The Board has recommended a dividend of Rs. 10/- per equity share of Rs. 10/- each (100%) • • • • • C o n s o l i d a t e d F i n a n c i a l s : Q 4 F Y 2 3 3 FY23 PAT Surges to Rs. 1,2
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