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

1.77 billion

0+ Years Rich Experience of Developing 3 verticals 6 Manufacturing Sites 2,300+ Employees US$ ~1.77 billion Market Capitalization (as on 31 December 2024) Strong Competitive Offering Industrial Chemicals

40%

cals Industrial Chemicals Crop Nutrition Business Crop Nutrition Business Domestic market share 40% in TAN Pioneer in ISO Propyl Alcohol Domestic market share 53% in CNA’ 29% in DNA 30% in Merch

53%

Business Domestic market share 40% in TAN Pioneer in ISO Propyl Alcohol Domestic market share 53% in CNA’ 29% in DNA 30% in Merchant IPA Leading player in specialty and water-soluble fertilize

29%

mestic market share 40% in TAN Pioneer in ISO Propyl Alcohol Domestic market share 53% in CNA’ 29% in DNA 30% in Merchant IPA Leading player in specialty and water-soluble fertilizers in India

30%

et share 40% in TAN Pioneer in ISO Propyl Alcohol Domestic market share 53% in CNA’ 29% in DNA 30% in Merchant IPA Leading player in specialty and water-soluble fertilizers in India 34% of Reve

34%

in DNA 30% in Merchant IPA Leading player in specialty and water-soluble fertilizers in India 34% of Revenue 21% of Revenue 44% of Revenue Note: % of Revenue pertains to FY24 Businesses Demerge

21%

erchant IPA Leading player in specialty and water-soluble fertilizers in India 34% of Revenue 21% of Revenue 44% of Revenue Note: % of Revenue pertains to FY24 Businesses Demerged for Focused Le

44%

ding player in specialty and water-soluble fertilizers in India 34% of Revenue 21% of Revenue 44% of Revenue Note: % of Revenue pertains to FY24 Businesses Demerged for Focused Leadership Earli

100%

Ammonia Blasting Services Performance Chemiserve Ltd. (PCL) Performance Chemiserve Ltd. (PCL) 100% Ammonia PCL Platinum Blasting Services Pty Platinum Blasting Services Pty Ltd. (Australia) (PB

39%

rop Specific Fertilisers Results Update: Key Highlights of Q3FY25 (Consolidated) Revenue Growth 39% (YoY) Absolute EBITDA Growth 72% (YoY) PAT Growth 318% (YoY) Net Debt to EBITDA December 202

72%

Update: Key Highlights of Q3FY25 (Consolidated) Revenue Growth 39% (YoY) Absolute EBITDA Growth 72% (YoY) PAT Growth 318% (YoY) Net Debt to EBITDA December 2024: 1.68x March 2024: 2.66 x EBITDA

“• Demand is projected to strengthen in Q4 FY25, aligning with the peak production season for Mining and Infrastructure activities Capacity Utilization: Q3FY25: 93% Industrial Chemicals Business : Q3FY25 Performance 90 KMT 80 KMT 70 KMT 60 KMT 50 KMT 40 KMT 30 KMT 20 KMT 10 KMT 0 KMT 350 KMT 300 KMT 250 KMT 200 KMT 150 KMT 100 KMT 50 KMT 0 KMT Revenue (Rs.”

“Cr) CNB Production (KMT) 9 KMT 8 KMT Q3 FY25 Overview: • Bulk Fertilizers manufactured sales grew by 64% YoY to 231 KMT.”

“• An above-normal monsoon has boosted groundwater availability and filled irrigation reservoirs, setting the stage for a promising Q4 FY25.”

“Cr) Net Debt/Equity (x) EPS (Rs.) 1,221 1.20 x 687 468 406 89 0.65 x 0.63 x 0.48 x 0.35 x 60.4 41.5 9.6 97.7 35.9 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Attractive Capex of Rs.4,500 crores Underway TAN Project, Gopalpur Nitric Acid Project, Dahej o Capacity: 376 KTPA.”

“o Expected Commissioning: H2FY26 o Post-expansion, total AN capacity will be ~1.0 MMTPA, making us 3rd largest pure-play TAN producer globally o Strategic Location Advantages: o Closer to major mining areas in East India o Port based location- favourable for exports o Capacity : WNA 300 KTPA & CNA 150 KTPA o Expected Commissioning: H2FY26 o Post-expansion, total WNA capacity will be closer to 1.2 MMTPA, making us Asia's largest manufacturer of Nitric Acid.”

“Value Creation CAGR 93% Shareholding Pattern (Dec 24) 46% 46% 38% 34% 13% 12% 9% 3% Promoters DII's FII's Pub/Others 31st March 2024 31th Dec 2024 Total No.”

Outlook

3

Outlook

• Demand is projected to strengthen in Q4 FY25, aligning with the peak production season for Mining and Infrastructure activities Capacity Utilization: Q3FY25: 93% Industrial Chemicals Business : Q3FY25 Performance 90 KMT 80 KMT 70 KMT 60 KMT 50 KMT 40 KMT 30 KMT 20 KMT 10 KMT 0 KMT 350 KMT 300 KMT 250 KMT 200 KMT 150 KMT 100 KMT 50 KMT 0 KMT Revenue (Rs. Cr) and Sales Volume (KMT) ₹ 499 ₹ 406 25 KMT 24 KMT ₹ 476 29 KMT 74 KMT 49 KMT 50 KMT 48 KMT 74 KMT 600 KMT 500 KMT 400 KMT 300 KMT 77 KMT 200 KMT 100 KMT 13 KMT 1 Q3FY24 CNA & SNA Sales Volume IPA Sales Volume 17 KMT 17 KMT 0 KMT Q2FY25 Q3FY25 DNA Sales Volume Total IC Revenue (Rs. Cr) Industrial Chemical Production (KMT) 12 KMT 52 KMT 19 KMT 54 KMT 18 KMT 51 KMT 244 KMT 192 KMT 198 KMT 252 KMT 216 KMT 267 KMT Q3FY24 Q2FY25 Q3FY25 DNA Production Volume - Total CNA & SNA Production Volume IPA Production Volume Highlights • Revenue Growth: Achieved 17% YoY growth, despite temporary softness in IPA prices, which are expected to recover

Outlook

• For nitric acid, demand and margins are anticipated to remain stable over the coming quarters. • ADD on IPA implemented effective 22nd Oct’24. Price improvement expected in Q4. Further narrowing Phenol-Benzene spread will support gradual improvement in margin. Nitric acid Capacity Utilization: Q3FY25: 96% IPA Capacity Utilization: Q3FY25: 105% Crop Nutrition Business: Q3FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 350 KMT 300 KMT 250 KMT 200 KMT 150 KMT 100 KMT 50 K MT 0 K MT 250 KMT 200 KMT 150 KMT 100 KMT 50 K MT 0 KMT ₹ 1475 24 KMT 40 KMT 268 KMT ₹ 1295 19 KMT 27 KMT 231 KMT Q2FY25 Q3FY25 ₹ 1600 ₹ 1400 ₹ 1200 ₹ 1000 ₹ 800 ₹ 600 ₹ 400 ₹ 200 ₹ 0 ₹ 829 18 KMT 17 KMT 141 KMT 11 Q3FY24 Bulk Fertilizers (NP+ NPK) Sales Volume - Mgf Specialty Sales Volume Bulk Fertilizers Sales Volume - Traded CNB Revenue (Rs. Cr) CNB Production (KMT) 9 KMT 8 KMT Q3 FY25 Overview: • Bulk Fertilizers manufactured sales grew by 64% YoY to 231 KMT. Traded sales increased by 64% YoY to

Outlook

• An above-normal monsoon has boosted groundwater availability and filled irrigation reservoirs, setting the stage for a promising Q4 FY25. • Anticipated acreage increase for rabi cash crops like sugarcane, onion, and 8 KMT 166 KMT 221 KMT 225 KMT potato. • The company will intensify efforts on Croptek: Targeting sugarcane and onion through specialized campaigns. And Solutek: Promoting solutions tailored for grapes Q3FY24 Q2FY25 Q3FY25 Bulk Manufacturing Capacity Utilization: Q3FY25: 82% Bulk Fertilizers (NP+ NPK) Production Volume Bensulf Production Volume Raw Material Price Movement in Last 18 Months 547 523 464 483 421 339 304 293 299 319 353 360 362 405 430 423 420 378 Ammonia Bulk FOB - ME ($/MT) AUG-23 SEP-23 OCT-23 NOV-23 DEC-23 JAN-24 FEB-24 MAR-24 APR-24 MAY-24 JUN-24 JUL-24 AUG-24 SEP-24 OCT-24 NOV-24 DEC-24 JAN-25 850 850 985 985 985 968 968 968 963 948 948 948 950 950 1060 1060 1060 1055 Phosphoric Acid Bulk CFR ($/MT) AUG-23 SEP-23 OCT-23 NOV-23 DEC-23 JAN-24 FEB-24 MAR-24