Deepak Fertilizers and Petrochemicals Corporation Limited

rs,

BSE Limited Listing Department National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Mumbai – 400 001 BSE Code: 500645 Bandra-Kurla Complex

25%

FY2024 2nd November 2023 Consolidated Financial Performance Financial Resilience: Demonstrating 25% CAGR in Q2 EBITDA over the past 4 years Q2 Operating Revenues (Rs. Cr) Q2 Operating EBITDA (Rs. C

18%

s. Cr) Q2 Operating EBITDA (Rs. Cr) and Margins (%) 2,719 2,424 1,793 1,404 1,151 495 18% 286 12% 193 14% 212 12% 117 10% Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY20 Q2FY21

12%

Operating EBITDA (Rs. Cr) and Margins (%) 2,719 2,424 1,793 1,404 1,151 495 18% 286 12% 193 14% 212 12% 117 10% Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY20 Q2FY21 Q2FY22 Q

14%

BITDA (Rs. Cr) and Margins (%) 2,719 2,424 1,793 1,404 1,151 495 18% 286 12% 193 14% 212 12% 117 10% Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY

10%

gins (%) 2,719 2,424 1,793 1,404 1,151 495 18% 286 12% 193 14% 212 12% 117 10% Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 • Subsidy Impact o

Rs. 267 Crore

Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 • Subsidy Impact of Rs. 267 Crores in H1: Reduced NBS subsidy on channel inventories had a significant impact on consolidated profit

Rs. 161

NBS subsidy on channel inventories had a significant impact on consolidated profitability in Q1 of Rs. 161 Cr and in Q2 FY24 of Rs. 106 Cr • Ammonia Plant Profitability impacted by Rs. 87 Cr: Plant profitab

Rs. 106

ories had a significant impact on consolidated profitability in Q1 of Rs. 161 Cr and in Q2 FY24 of Rs. 106 Cr • Ammonia Plant Profitability impacted by Rs. 87 Cr: Plant profitability in Q2 was impacted duri

Rs. 87

ability in Q1 of Rs. 161 Cr and in Q2 FY24 of Rs. 106 Cr • Ammonia Plant Profitability impacted by Rs. 87 Cr: Plant profitability in Q2 was impacted during the initial plant stabilization phase. Lower Ammo

100%

ia Greenfield Project: Ultra Mega Project benefit from ‘The Government of Maharashtra’ increased to 100% of the eligible project investments (up from the previous limit of 75%) Substantial Reduction in P

75%

f Maharashtra’ increased to 100% of the eligible project investments (up from the previous limit of 75%) Substantial Reduction in Promoters Pledge: Promoters Pledge on 82,98,000 equity shares released i

“Medium-term gas contracts have been secured with reliable suppliers such as GAIL, IGS, and GSPC.”

“• Strategic Expansion of WNA (300 KTPA) and CNA (150 KTPA) at a project cost of Rs.”

Capital Structure

1

Key Highlights

1

Capital Structure

• The of the strategic implementation backward integration and expansion-growth projects are being funded through internal accruals and long term borrowings in order to build shareholders’ value while simultaneously deleveraging the balance sheet (eg Gross Debt / Equity reduced from 1.66x in March 2018 to 0.76x in Sept 2023) • Financing of the current expansion projects (i.e. TAN - Gopalpur and Nitric Acid - Dahej) is consistent and similar to the approach to finance strategic growth projects and continue to deleverage balance sheet Mining Chemicals Business Review TAN domestic demand is expected to improve further based on growth in coal, cement and steel production Mining Chemicals (TAN) Revenue (Manufactured Sales Rs. Cr) Operational Highlights 919 Q2FY23 516 Q2FY24 Mining Chemicals (Manufactured Sales Volumes MT 00) 1,234 Q2FY23 1,340 Q2FY24 Q2 FY24 Capacity Utilization TAN: 118% • • • In Q2 FY24, the delayed arrival of monsoon supported increased demand in power, cement and steel

Key Highlights

• Strategic Expansion of WNA (300 KTPA) and CNA (150 KTPA) at a project cost of Rs. 1,950 Cr • Leveraging 40 years of credible experience in Nitric Acid, DFPCL will become ‘Asia's Largest Manufacturer’ of Nitric Acid post expansion • State-of-the-art technology from leading global technology provider, combined with low emission green technologies for the first time in India • Approximately 65% of additional CNA capacity is already tied-up under a 20-year contract 11 TAN Project – Site Construction Work In Progress (September 2023) Compound wall Piling Work Ground Improvement Internal Road 12 Capital Market: Building on trust by delivering on expectations Market Cap (Rs. Crores) Total No. of Shareholders Media Interactions: Zee Business (26 sept), CNBC TV 18 (08 Sept) and BQ Prime (06 Sept) 8,684 6,781 6,917 2,28,828 1,93,628 1,72,548 1,00,392 1,05,866 1,14,678 2,330 1,172 669 Shareholding Pattern (30th Sept 2023) • Substantial Reduction in Promoters Pledge: Promoters Pledge on 82,98,00