Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q3 FY25 Earnings Presentation
24 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Jan 29, 2025
Slide 1: Cover letter to stock exchanges
29th January, 2025 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentati
Slide 2: Earning Presentation Q3FY25
(BSE: 500645; NSE: DEEPAKFERT) Earning Presentation Q3FY25 Follow us on January 2025
Slide 3: Content
Content Company Overview Q3FY25 Results Overview Project Update Corporate Social Responsibilities Shareholder Value
Slide 4: India's Leading Chemical and Fertilisers Producer
India’s Leading Chemical and Fertilisers Producer Industrial 40+ Years Chemicals Rich Experience of Developing (IC) 3 verticals 6 Manufacturing Sites Leadership Position 2,300+ Employees Mining Business Crop Nutrition (TAN) Business US$ ~1.77 billion (CNB) Market Capitalization (as on 31 December 20
Slide 5: Strong Competitive Offering
Strong Competitive Offering Mining Chemicals Industrial Chemicals Crop Nutrition Capacity: Technical Ammonium Nitrate Capacity: Diluted Nitric Acid 885 KTPA Capacity: NP 300 KTPA 587 KTPA Concentrated Nitric Acid 231 KTPA NPK 800 KTPA Iso Propyl Alcohol 70 KTPA Bensulf 57 KTPA • Only manufacturer of
Slide 6: Strategic Geographic Footprints
Strategic Geographic Footprints Dahej, Gujarat Panipat, Haryana Capacity (KMTPA) Geographic Advantage Capacity (KMTPA) Geographic Advantage • DNA: 149 • Major customers of nitroaromatics • Bensulf: 32 • Oil-seed growing belts of North and • CNA: 92 and nitrocellulose are located in Central India Guj
Slide 7: Leadership Position In All Business Portfolio
Leadership Position In All Business Portfolio Mining Chemicals Industrial Chemicals Crop Nutrition Business Pioneer in ISO Propyl Alcohol Leading player in Domestic market share Domestic market share specialty and 40% in TAN 53% in CNA’ water-soluble 29% in DNA fertilizers in India 30% in Merchant I
Slide 8: Businesses Demerged for Focused Leadership
Businesses Demerged for Focused Leadership Earlier Corporate Structure Current Corporate Structure DFPCL Industrial Value Added Industrial Value Added Chemicals Real Estate (IC) (VARE) Chemicals Real Estate DFPCL (IC) (VARE) DFPCL (IC & VARE) Crop Technical Crop Nutrition Ammonium Mining Nutrition B
Slide 9: Transitioning From Commodity To Specialty
Transitioning From Commodity To Specialty Technical Ammonium Cartridge Based Explosives Technical Services & TAN Supplier Blast Based Services & Downstream Operations Nitrate (ANS, LDAN, HDAN) ANFO Based Bulk Explosives (TCO, Down-the-Hole) New Business Models (TAN) Industry Specific Grades Appl
Slide 10: Results Update: Key Highlights of Q3FY25 (Consolidated)
Results Update: Key Highlights of Q3FY25 (Consolidated) Absolute EBITDA Revenue Growth PAT Growth Growth 39% (YoY) 72% (YoY) 318% (YoY) Net Debt to EBITDA EBITDA Margin PAT Margin Growth Growth December 2024: 1.68x March 2024: 2.66 x 362 bps 655 bps (YoY) (YoY)
Slide 11: Consolidated Financial Performance: Q3FY25
Consolidated Financial Performance: Q3FY25 Continued Growth momentum in Q3FY25 with 362 bps YoY Surge in EBITDA Margin Operating Revenues (Rs. Cr) Operating EBITDA (Rs. Cr) and Margins (%) ₹ 600 20.0% ₹ 2755 18.8% 18.0% ₹ 2579 ₹ 500 16.7% 18.0% 16.0% ₹ 1956 ₹ 400 15.0% 15.2% 14.0% ₹ 1853 12.0% ₹ 144
Slide 12: Q3FY25 and 9M FY25 Consolidated Financials
Q3FY25 and 9M FY25 Consolidated Financials Rs. In Crore INR CR Q3FY25 Q3FY24 YoY Q2FY25 QoQ 9M FY25 9M FY24 YoY Operating Revenue 2,579 1,853 39% 2,747 (6)% 7,607 6,590 15% Operating EBITDA 486 282 72% 494 (2)% 1,445 849 70% Margins (%) 19% 15% 362 bps 18% 86 Bps 19% 13% 611 bps Finance Cost 98 106
Slide 13: Mining Chemicals Business (TAN): Q3FY25 Performance
Mining Chemicals Business (TAN) : Q3FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 140 KMT ₹ 570 ₹ 600 120 KMT ₹ 494 • Volume : Q3 FY25 sales volume increased by 19% YoY and 22% ₹ 442 ₹ 500 100 KMT QoQ. ₹ 400 80 K MT • LDAN Sales: Q3 FY25 sales volume grew by 10% YoY and 35% 60
Slide 14: Industrial Chemicals Business: Q3FY25 Performance
Industrial Chemicals Business : Q3FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 90 KMT 600 KMT ₹ 499 80 KMT ₹ 406 ₹ 476 500 KMT 70 KMT 29 KMT • Revenue Growth: Achieved 17% YoY growth, despite temporary 25 KMT 24 KMT softness in IPA prices, which are expected to recover. 60 KMT
Slide 15: Crop Nutrition Business: Q3FY25 Performance
Crop Nutrition Business: Q3FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights ₹ 1475 350 KMT 24 KMT ₹ 1295 ₹ 1600 300 KMT ₹ 1400 Q3 FY25 Overview: 40 KMT 19 KMT • Bulk Fertilizers manufactured sales grew by 64% YoY to 231 KMT. Traded sales ₹ 1200 250 KMT 27 KMT 200 KMT ₹ 829 ₹ 1000
Slide 16: Raw Material Price Movement in Last 18 Months
Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 547 523 464 483 421 405 430 423 420 339 353 360 362 378 304 293 299 319 AUG-23 SEP-23 OCT-23 NOV-23 DEC-23 JAN-24 FEB-24 MAR-24 APR-24 MAY-24 JUN-24 JUL-24 AUG-24 SEP-24 OCT-24 NOV-24 DEC-24 JAN-25 Phosphoric Acid Bulk CFR ($
Slide 17: Historical Consolidated Financials
Historical Consolidated Financials Operating Revenue (Rs. Cr) Operating EBITDA (Rs. Cr) EBITDA Margin (%) 2,165 11,301 19% 18% 8,676 16% 7,663 1,356 1,287 15% 5,808 955 10% 4,685 464 * * FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 PAT (Rs. Cr) Net Debt/Equity (x) EPS (
Slide 18: Attractive Capex of Rs.4,500 crores Underway
Attractive Capex of Rs.4,500 crores Underway TAN Project, Gopalpur Nitric Acid Project, Dahej o Capacity : WNA 300 KTPA & CNA 150 KTPA o Capacity: 376 KTPA. o Expected Commissioning: H2FY26 o Expected Commissioning: H2FY26 o Post-expansion, total WNA capacity will be closer to o Post-expansion, tota
Slide 19: Strengthening Our Balance Sheet
Strengthening Our Balance Sheet (Rs. CR) Dec-24 Mar-24 Leverage Ratios Dec-24 Mar-24 Change ST Debt 65 560 Net Debt/Equity (x) 0.55x 0.63x -0.07 LT Debt 3,677 3,485 Net Debt/EBIDTA (x) 1.68x 2.66x -0.98 Total Debt 3,742 4,045 Cash & Cash Equivalent 419 226 Other Bank Balances 9 135 • Long-term debt
Slide 20: Delivering Value to Our Shareholders
Delivering Value to Our Shareholders Market Cap* (Rs. Crores) Shareholding Pattern (Dec 24) 15,123 13,482 46% 46% 38% 34% 8,546 6,781 6,917 6,371 13% 12% 9% 3% 2,330 669 Promoters DII's FII's Pub/Others Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Jun-24 Sep-24 Dec-24 31st March 2024 31th Dec 2024 * Market ca
Slide 21: Market Dominance And Demand Outlook Well Aligned With India's Growth Story
Market Dominance And Demand Outlook Well Aligned With India’s Growth Story Capital expenditure Market leadership in projects strategically most categories positioned for emerging opportunities Establishing market Taking strides in Key digitization to enable dominance through strategic initiatives Ta
Slide 22: Recent Awards and Recognition
Recent Awards and Recognition LEADERSHIP (BEST CEO) Won the "Operational Excellence in Logistics" Business Today, named Mr. Sailesh Mehta, award at the prestigious BW (Business World) Chairman & Managing Director, DFPCL as the Supply Chain Competitiveness Awards 2023 Won the “Most Preferred Workplac
Slide 23: Corporate Social Responsibility for Inclusive Community Welfare
Corporate Social Responsibility for Inclusive Community Welfare Project- LEED Project-Aarogyam Project- Vocational Skill Development Project-Dairy Development Yellow Ribbon NGO & Artisan Fair, Pune Mobile Medical Unit, Taloja Banking & Finance course, Pune Support for Purchase of Buffalo. Taloja Gya
Slide 24: Safe Harbour
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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