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Deepak Fert & Petro

₹532.5 -7.1 | 1.3%

Market Cap ₹6745 Cr.

Stock P/E 13.9

P/B 1.3

Current Price ₹532.5

Book Value ₹ 414.6

Face Value 10

52W High ₹715

Dividend Yield 1.88%

52W Low ₹ 453.2

Deepak Fert & Petro Research see more...

Overview Inc. Year: 1979Industry: Fertilizers

Deepak Fertilisers and Petrochemicals Corporation Ltd is a holding organization. The Company is engaged in the business of fertilizers, agri offerings, bulk chemicals, mining chemical substances and value-added real estate. The Company’s segments consist of Chemicals, Bulk Fertilisers, Realty and Windmill. Its Chemicals section gives products, such as ammonia, methanol, dilute nitric acid, concentrated nitric acid, carbon dioxide (CO2), technical ammonium nitrate, iso-propyl alcohol, propane, bulk and speciality chemical. Its Bulk Fertilisers phase gives products, together with nitro phosphate (NP), muriate of potash, diammonium phosphate (DAP), single super phosphate, sulphur, micronutrients, single superphosphate (SSF) and bio fertilizers. Its Realty segment consists of real estate business. Its Windmill section consists of windmill power. It gives a number of NP, nitrogen phosphorous potassium variants, water soluble fertilizers and bentonite sulphur to Indian farmers beneath its Mahadhan logo.

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Deepak Fert & Petro Share Price

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Peer Comparison

Deepak Fert & Petro Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 1793 1956 2012 3031 2719 2755 2796 2313 2424 1853
Other Income 11 17 10 11 27 31 15 20 19 11
Total Income 1804 1973 2023 3042 2746 2785 2811 2333 2443 1864
Total Expenditure 1581 1604 1511 2291 2225 2294 2326 2032 2138 1570
Operating Profit 223 369 512 752 522 492 484 301 305 293
Interest 37 36 39 44 43 53 55 79 107 106
Depreciation 51 66 53 59 56 55 69 59 81 91
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 135 267 420 649 422 384 360 162 117 97
Provision for Tax 42 86 137 214 146 131 103 49 53 36
Profit After Tax 93 181 283 436 276 252 257 114 63 61
Adjustments -3 -1 -3 -2 -4 -3 -2 -4 -3 -3
Profit After Adjustments 91 180 280 434 272 249 255 110 60 58
Adjusted Earnings Per Share 8.4 14.9 23.2 36 21.5 19.8 20.2 8.7 4.8 4.6

Deepak Fert & Petro Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 2673 3915 3812 4309 4150 5995 6742 4685 5808 7663 11301 9386
Other Income 58 47 31 72 16 24 54 95 33 44 84 65
Total Income 2731 3961 3844 4382 4166 6019 6796 4781 5841 7707 11385 9451
Total Expenditure 2357 3398 3519 3953 3677 5450 6283 4221 4853 6307 9135 8066
Operating Profit 373 564 325 429 489 569 514 560 988 1400 2249 1383
Interest 82 101 111 130 121 173 229 243 188 155 195 347
Depreciation 108 114 124 122 135 163 171 214 212 233 239 300
Exceptional Income / Expenses 0 -11 9 0 0 0 0 0 0 0 0 0
Profit Before Tax 183 337 98 177 230 230 110 103 588 1013 1816 736
Provision for Tax 54 96 31 60 76 66 36 14 182 325 595 241
Profit After Tax 129 240 67 117 155 164 73 89 406 687 1221 495
Adjustments 0 0 1 -1 -0 -1 -3 -2 -6 -9 -11 -12
Profit After Adjustments 129 241 68 116 154 163 71 87 400 678 1210 483
Adjusted Earnings Per Share 14.2 26.4 7.5 12.8 17 17.9 7.8 9.5 39 56.2 95.9 38.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 47% 34% 14% 16%
Operating Profit CAGR 61% 59% 32% 20%
PAT CAGR 78% 139% 49% 25%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 25% 33% 15%
ROE Average 27% 22% 15% 12%
ROCE Average 27% 21% 15% 13%

Deepak Fert & Petro Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1281 1453 1472 1536 2016 2046 2098 2181 2703 3884 5067
Minority's Interest 0 0 6 -0 8 40 44 43 97 118 126
Borrowings 714 592 339 488 472 626 1771 2084 2187 2321 3231
Other Non-Current Liabilities 146 144 154 159 -116 -46 -27 81 130 141 180
Total Current Liabilities 797 950 1470 2300 2510 4231 3159 2497 1997 2241 2817
Total Liabilities 2939 3139 3440 4482 4890 6897 7044 6885 7113 8705 11421
Fixed Assets 1458 1427 1384 1317 2051 2184 2204 2676 2585 2608 2477
Other Non-Current Assets 97 325 223 550 655 1186 1905 1804 2102 3060 4560
Total Current Assets 1384 1387 1833 2614 2184 3528 2935 2406 2427 3038 4384
Total Assets 2939 3139 3440 4482 4890 6897 7044 6885 7113 8705 11421

Deepak Fert & Petro Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 141 100 90 55 218 93 92 89 158 158 161
Cash Flow from Operating Activities 225 415 -54 -110 796 -132 1310 578 1248 1211 493
Cash Flow from Investing Activities -315 -70 -189 -62 -840 -1139 -576 -156 -634 -1430 -979
Cash Flow from Financing Activities 50 -356 205 330 -81 1269 -737 -354 -613 221 604
Net Cash Inflow / Outflow -40 -11 -38 157 -125 -1 -3 69 1 3 118
Closing Cash & Cash Equivalent 100 90 52 212 93 92 89 158 158 161 279

Deepak Fert & Petro Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 14.21 26.44 7.47 12.78 16.96 17.88 7.77 9.48 38.99 56.25 95.86
CEPS(Rs) 26.1 39 21 26.27 31.84 35.98 26.93 32.86 60.22 76.29 115.66
DPS(Rs) 5.5 6.5 4 5 6 6 3 3 7.5 9 10
Book NAV/Share(Rs) 139.91 158.97 161.18 168.82 221.64 224.94 225.12 232.31 263.21 322.1 401.38
Core EBITDA Margin(%) 11.1 12.44 7.27 7.85 10.81 8.99 6.81 9.33 15.71 16.83 18.09
EBIT Margin(%) 9.32 10.54 5.17 6.77 8.04 6.66 5.03 6.95 12.77 14.49 16.79
Pre Tax Margin(%) 6.43 8.11 2.42 3.9 5.26 3.8 1.63 2.07 9.68 12.56 15.17
PAT Margin (%) 4.54 5.79 1.65 2.58 3.53 2.71 1.09 1.79 6.69 8.53 10.2
Cash Profit Margin (%) 8.34 8.54 4.73 5.27 6.62 5.4 3.63 6.08 10.17 11.42 12.2
ROA(%) 4.66 7.91 2.02 2.96 3.3 2.78 1.05 1.28 5.81 8.69 12.13
ROE(%) 10.44 17.69 4.57 7.81 8.71 8.08 3.59 4.25 16.79 20.87 27.28
ROCE(%) 11.8 18.22 7.94 9.66 9.34 8.4 6.33 6.76 15.04 19.98 26.54
Receivable days 78.08 63.3 78.71 100.58 119.19 98.65 91 97.98 66.02 34.95 35.22
Inventory Days 29.37 26.05 34.13 40.82 46.29 38.33 43.21 55.43 39.65 38.09 35.12
Payable days 41.85 37.42 37.22 39.02 56.35 53.99 82.55 153.21 124.32 98.43 75.98
PER(x) 6.83 4.41 17.77 11.19 14.96 15.56 16.58 7.67 5.82 10 5.72
Price/Book(x) 0.69 0.73 0.82 0.85 1.14 1.24 0.57 0.31 0.86 1.75 1.37
Dividend Yield(%) 5.49 5.41 2.92 3.39 2.29 2.09 2.26 4 3.31 1.6 1.82
EV/Net Sales(x) 0.71 0.49 0.66 0.71 1.02 0.99 0.61 0.71 0.79 1.18 0.89
EV/Core EBITDA(x) 5.09 3.42 7.8 7.08 8.63 10.48 7.96 5.96 4.65 6.48 4.46
Net Sales Growth(%) 10.86 46.44 -2.61 13.03 -3.69 44.45 12.46 -30.51 23.97 31.93 47.47
EBIT Growth(%) -26.29 65.05 -52.29 47.01 14.58 14.7 -15.99 2.03 124.38 50.36 72.21
PAT Growth(%) -38.92 85.99 -72.31 76.05 31.9 6.13 -55.23 21.15 356.62 69.15 77.59
EPS Growth(%) -38.92 86 -71.73 71.02 32.72 5.42 -56.56 21.98 311.4 44.27 70.42
Debt/Equity(x) 0.88 0.67 0.94 1.28 1 1.73 1.48 1.37 0.93 0.67 0.71
Current Ratio(x) 1.74 1.46 1.25 1.14 0.87 0.83 0.93 0.96 1.22 1.36 1.56
Quick Ratio(x) 1.43 1.1 0.97 0.87 0.67 0.65 0.67 0.69 0.9 0.89 1.11
Interest Cover(x) 3.22 4.34 1.88 2.36 2.9 2.33 1.48 1.42 4.13 7.54 10.32
Total Debt/Mcap(x) 1.27 0.9 1.14 1.51 0.87 1.39 2.58 4.35 1.07 0.38 0.52

Deepak Fert & Petro Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 47.58 47.58 47.58 45.46 45.46 45.46 45.46 45.46 45.46 45.63
FII 11.95 14.29 15.98 16.29 15.51 15.23 9.58 9.11 9.29 8.91
DII 1.78 1.57 1.67 6.55 5.92 5.98 5.92 6.68 7.35 7.01
Public 38.69 36.56 34.76 31.7 33.11 33.33 39.05 38.76 37.9 38.46
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 49% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 22%
  • Debtor days have improved from 98.43 to 75.98days.

Cons

  • Promoter holding is low: 45.63%.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Deepak Fert & Petro News

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