Deepak Fertilisers And Petrochemicals Corporation Ltd - Stock Valuation and Financial Performance

BSE: 500645 | NSE: DEEPAKFERT | Fertilizers | Small Cap

Deepak Fert & Petro Share Price

489.75 2.85 0.59%
as on 19-Mar'24 13:17

DeciZen - make an informed investing decision on Deepak Fert & Petro

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Deepak Fertilisers And Petrochemicals Corporation stock performance -

mw4me loader
P/E Ratio (SA):
22.23
Market Cap:
6,167.2 Cr.
52-wk low:
453.2
52-wk high:
715

Is Deepak Fertilisers And Petrochemicals Corporation Ltd an attractive stock to invest in?

1. Is Deepak Fertilisers And Petrochemicals Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deepak Fertilisers And Petrochemicals Corporation Ltd is a below average quality company.

2. Is Deepak Fertilisers And Petrochemicals Corporation Ltd undervalued or overvalued?

The key valuation ratios of Deepak Fertilisers And Petrochemicals Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Deepak Fertilisers And Petrochemicals Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Deepak Fertilisers And Petrochemicals Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Deepak Fert & Petro:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Deepak Fertilisers And Petrochemicals Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 14%6.4%7%4.1%6.1%2.7%2.9%10.2%8.1%9.7%-
Value Creation
Index
-0-0.5-0.5-0.7-0.6-0.8-0.8-0.3-0.4-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3,8103,7124,2432,0573,1873,1491,7081,8112,2892,3502,084
Sales YoY Gr.--2.6%14.3%-51.5%55%-1.2%-45.8%6.1%26.4%2.6%-
Adj EPS 29.810.414.810.314.21.70.819.816.322.621.9
YoY Gr.--65.3%42.8%-30%37.1%-88%-52.4%2346.9%-17.7%38.8%-
BVPS (₹) 163.9167.6172.8172.1177.6171173.4195.9226.1237.2242
Adj Net
Profit
27194.213494.112915.57.4204197286277
Cash Flow from Ops. 414-73-99.3-7.3-224830-33.6457392247-
Debt/CF from Ops. 2.3-19-19.6-182-6.10.8-23.21.71.41.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -5.2%-5.9%11.2%2.6%
Adj EPS -3%9.8%203.4%38.8%
BVPS4.2%6%11%4.9%
Share Price 15.6% 29.7% 27.6% -16.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
19.46.28.768.110.511.28.3109.1
Op. Profit
Mgn %
14.38.7911.56.64.27.321.414.415.916.8
Net Profit
Mgn %
7.12.53.24.64.10.50.411.28.612.213.3
Debt to
Equity
0.60.91.20.90.90.40.50.40.20.1-
Working Cap
Days
10613516833016813817719721117361
Cash Conv.
Cycle
6084110165664013170-811

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.23%

Net Profit is growing at healthy rate in last 3 years 203.44%

Return on Equity has declined versus last 3 years average to 9.10%

Sales growth is not so good in last 4 quarters at -9.31%

Latest Financials - Deepak Fertilisers And Petrochemicals Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 21.9 38.1
TTM Sales (₹ Cr.) 2,084 9,385
BVPS (₹.) 242 414.6
Reserves (₹ Cr.) 2,939 5,125
P/BV 2.01 1.17
PE 22.23 12.78
From the Market
52 Week Low / High (₹) 453.20 / 715.00
All Time Low / High (₹) 8.24 / 1061.70
Market Cap (₹ Cr.) 6,167
Equity (₹ Cr.) 126.7
Face Value (₹) 10
Industry PE 20.5

Management X-Ray of Deepak Fert & Petro:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *30.2892.8290.5627.7027.7014.8715.0622.5514.500.04
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Deepak Fert & Petro

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales3,8103,7124,2432,0573,1873,1491,7081,8112,2892,350
Operating Expenses 3,3043,4213,8821,8293,0023,0331,5961,4251,9621,976
Manufacturing Costs153135119474739578310081
Material Costs2,7042,8793,3021,6252,7662,8161,3981,1781,7101,754
Employee Cost 16314317059646068888474
Other Costs 2832652919812411772766866
Operating Profit 506290361228186116112386327374
Operating Profit Margin (%) 13.3%7.8%8.5%11.1%5.8%3.7%6.5%21.3%14.3%15.9%
Other Income 454653156624684688134
Interest 10111012953718085876951
Depreciation 10311711853514872738067
Exceptional Items -11000000000
Profit Before Tax 3361081681371311122272266390
Tax 93304847183-9636899
Profit After Tax 2447812090113831209198291
PAT Margin (%) 6.4%2.1%2.8%4.4%3.5%0.3%1.8%11.5%8.6%12.4%
Adjusted EPS (₹)26.88.613.29.912.40.93.320.416.423.1
Dividend Payout Ratio (%)24%45%37%59%47%334%87%37%55%43%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1,4911,5251,5721,5661,6161,5561,5962,0112,7272,995
Share Capital 88888888888889103121126
Reserves 1,4031,4371,4831,4771,5281,4681,5071,9082,6062,869
Minority Interest0000000000
Debt8221,1241,8741,0791,368674751642432231
Long Term Debt5923394690194401577640432231
Short Term Debt2307851,4041,0791,174273174200
Trade Payables346231468226493529321252266269
Others Liabilities 501585560465160257286357362353
Total Liabilities 3,1593,4644,4733,3353,6373,0172,9543,2623,7853,848

Fixed Assets

Gross Block2,3062,3841,3688548588941,3141,3261,4131,262
Accumulated Depreciation9181,03410593140194240318407424
Net Fixed Assets1,3881,3511,2637617187001,0741,0081,005838
CWIP 941413959219450623241119
Investments 3053011169591,1168358239341,1531,985
Inventories339403598148227132100129126140
Trade Receivables7699351,5345041,036437412246116161
Cash Equivalents 92382098579641861034238
Others Assets1712953587862673433358181,333667
Total Assets 3,1593,4644,4733,3353,6373,0172,9543,2623,7853,848

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 414-73-99-7-224830-34457392247
PBT 3361081681371311122272266390
Adjustment 24922622592681201221328110
Changes in Working Capital -75-386-464-186-381714-170104124-47
Tax Paid -85-21-28-50-42-16-8-51-79-105
Cash Flow From Investing Activity -66-191-61106319-4861-590-60840
Capex -142-127-322-76-131-26541-43-90-38
Net Investments 4312167-88-156271-41-75-131173
Others 32-7694270606-5461-473-387-95
Cash Flow From Financing Activity -357209318-225-104-8132267224-294
Net Proceeds from Shares 000000251765100
Net Proceeds from Borrowing -13-58529019420711368-118-121
Interest Paid -107-119-125-60-80-105-85-83-68-58
Dividend Paid -56-66-850-63-64-32-26-81-105
Others -182452-2-166-155-8510-67-18-10
Net Cash Flow -10-55157-126-8-3150-668-7
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)17.395.27.745.767.10.51.9511.598.3510.18
ROCE (%)17.888.149.235.936.863.474.5613.8311.0713.34
Asset Turnover Ratio1.321.191.130.550.920.970.60.590.660.64
PAT to CFO Conversion(x)1.7-0.94-0.83-0.08-1.98103.75-1.12.191.980.85
Working Capital Days
Receivable Days6479101172878387662821
Inventory Days26344163212024232020
Payable Days373739784766111895556

Deepak Fertilisers And Petrochemicals Corporation Ltd Stock News

Deepak Fertilisers And Petrochemicals Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Deepak Fert & Petro on 19-Mar-2024 13:17 is ₹489.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Mar-2024 13:17 the market cap of Deepak Fert & Petro stood at ₹6,167.2.
The latest P/E ratio of Deepak Fert & Petro as of 19-Mar-2024 13:17 is 22.23.
The latest P/B ratio of Deepak Fert & Petro as of 19-Mar-2024 13:17 is 2.01.
The 52-week high of Deepak Fert & Petro is ₹715.0 and the 52-week low is ₹453.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deepak Fert & Petro is ₹2,084 ( Cr.) .

About Deepak Fertilisers And Petrochemicals Corporation Ltd

The genesis of Deepak Fertilisers and Petrochemicals Corporation (DFPCL) could be said to be in the year 1970 when C. K. Mehta set up Deepak Nitrite (DNL), combining his skills in trading and manufacturing. DNL grew by leaps and bounds, surpassing expectations of all investors and also won many prestigious awards like P.C. Ray award, for being the best Chemical Industrial unit in India.

DFPCL is among India’s leading producers of fertilisers and industrial chemicals. Set up in 1979 as an Ammonia manufacturer, DFPCL today is a publicly listed, multi-product Indian conglomerate with an annual turnover of over half a billion USD with a product portfolio spanning industrial chemicals, bulk and specialty fertilisers, farming diagnostics and solutions, fresh produce, technical ammonium nitrate and value added real estate, which includes India's 1st & largest revolutionary concept retail destination for Home Interiors & Design.

The Company has manufacturing facilities in Taloja - Maharashtra, Srikakulam - A.P., Panipat - Haryana and Dahej - Gujrat. The Company has adopted some of the global state-of-the-art technologies that enable it to manufacture and supply high quality products that meet global standards.

DFPCL today is a name that spells quality and trust. It has established a prime position for itself over the last three and a half decades across Indian and global markets. Focused on growth, drawing synergies from its existing products and leveraging current strengths, DFPCL is augmenting its manufacturing capabilities to expand its product portfolio. DFPCL is directed towards shaping a successful growth trajectory in the dynamically changing world of business. It is building resilience to spearhead change through the swiftly transforming world economy.

Business area of the company

The Company is engaged in the manufacture of Industrial Chemicals (Nitric Acid, Iso Propyl Alcohol, Methanol and Carbon Dioxide) Crop Nutrition (Nitro Phosphate, Nitrogen Phosphorous Potassium variants, Water Soluble Fertilisers and Bentonite Sulphur) and Technical Ammonium Nitrate (Mining Chemicals).

Awards and recognitions

  • 2010: ICC Award: Excellence in Energy Conservation and Management Award
  • 2011: Forbes Asia’s Best Under a Billion 2010-11
  • 2011: Dun & Bradstreet Award
  • 2011: Dun & Bradstreet Rating 1
  • 2011: Fortune India 500
  • 2013: Felicitated by the Revenue Department
  • 2013: Best Achiever Award by Sterlite in Vendor Meet
  • 2013: Jubilant Lifesciences Recognition
  • 2013: ICC Lifetime Achievement Award
  • 2014: CPO India Awards
  • 2014: Logistics & Supply Chain Leadership Awards
  • 2014: Greentech Silver Award
  • 2014: Greentech Gold Award
  • 2014: Safety Award
  • 2014: Gold Award for Best HR Practices
  • 2014: State Level Award
  • 2014: Maharashtra Safety Awards
  • 2015: Star Supply Partner
  • 2016: Dr Reddy’s Business Partner Excellence Award
  • 2016: The Golden Globe Tigers Award
  • 2017: Overall Winner & Best HR practices
  • 2017: Award for Purposeful Marketing
  • 2017: Best Corporate Foundation Award
  • 2017: Sandvik India Diversity Award
  • 2017: FICCI CSR Award
  • 2018: PRCI Corporate Collateral Awards
  • 2018: ICFA Award on Agribusiness Leadership
  • 2018: Pune’s Best Employer Brand Award
  • 2019: Safest Workplace Award
  • 2019: Certificate of Appreciation
  • 2019: Certificate for Meritorious Performance in Industrial Safety
  • 2019: Platinum Award
  • 2019: Best Employer Brand Award 2019
  • 2019: Top Organisation with Innovative HR Practices
  • 2019: Best Formulation - Innovation Award
  • 2019: Innovative Lab to Farm Model Award
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