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Earnings · Fertilizers · Mid cap

Deepak Fertilisers annual profit drops 22% on rising costs

Revenue climbed 12% to ₹11,506 crore, but higher raw material prices and subsidy gaps squeezed margins.

6 earlier stories on Deepak Fertilisers And Petrochemicals Corporation Ltd.
Mkt cap₹18,345 cr
P/E24.88×
ROE14.97%
Debt / eq.0.63
Div yld0.69%
₹739 cr Annual consolidated net profit, down 22% year-on-year.

What's new

  • Annual revenue rose 12% to ₹11,506 crore on volume growth in mining chemicals and fertilisers.
  • Net profit fell 22% to ₹739 crore due to raw material costs and subsidy shortfalls.
  • The company started its 15-year LNG supply contract and nears completion of Dahej and Gopalpur projects.

Why this matters

Volume growth is failing to offset the pressure from input costs and subsidy delays. This is a routine update that adds operational detail to figures the market already digested from earlier board disclosures.

What we're watching

  • Progress on the Dahej and Gopalpur projects as they near completion.
  • Any improvement in subsidy receipts to ease margin pressure.
  • Impact of the new 15-year LNG supply contract on operating costs.

The full read

Deepak Fertilisers reported annual consolidated revenue of ₹11,506 crore, a 12% increase driven by volume gains in its mining chemicals and fertiliser businesses.

Profit fell 22% to ₹739 crore.

Management blamed the margin compression on higher raw material costs and ongoing subsidy shortfalls. This release provides operational context for figures already disclosed during previous board meetings. The company started a 15-year LNG supply contract and reported that expansion projects in Dahej and Gopalpur are nearing completion. As a supplement to prior disclosures, this update offers no fresh market catalyst. The numbers are final.

Questions answered

What drove the 12% revenue growth?
Revenue reached ₹11,506 crore primarily due to increased sales volumes in the company's mining chemicals and fertiliser segments.
Why did net profit decline despite higher revenue?
Profit fell 22% to ₹739 crore because of elevated raw material costs and shortfalls in government subsidy payments.
Is there any new financial information in this release?
No. The core financial results and dividend recommendations were already disclosed in previous board meeting outcomes.
What operational milestones did the company mention?
Deepak Fertilisers has commenced a 15-year LNG supply contract and is nearing the completion of new projects in Dahej and Gopalpur.
Mentioned: Deepak Fertilisers · Dahej · Gopalpur
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 28 May 2026 · 10:56 PM IST Deepak Fertilisers annual profit drops 22% on rising costs
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