BSE: 500645 | NSE: DEEPAKFERT | Fertilizers | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deepak Fertilisers And Petrochemicals Corporation Ltd is a below average quality company.
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 Overvalued zone.
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 8.1% | 9.2% | 5.9% | 6.9% | 3.5% | 4.6% | 13.8% | 11.1% | 13.3% | 13.3% | - |
| Value Creation Index ⓘ | -0.4 | -0.3 | -0.6 | -0.5 | -0.8 | -0.7 | 0.0 | -0.2 | 0.0 | 0.0 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 3,712 | 4,243 | 2,057 | 3,187 | 3,149 | 1,708 | 1,811 | 2,289 | 2,350 | 1,923 | 1,852 |
| Sales YoY Gr. | - | 14.3% | -51.5% | 55% | -1.2% | -45.8% | 6.1% | 26.4% | 2.6% | -18.2% | - |
| Adj EPS ⓘ | 10.4 | 14.8 | 10.3 | 14.2 | 1.7 | 0.8 | 19.8 | 16.3 | 22.6 | 21.6 | 25.8 |
| YoY Gr. | - | 42.8% | -30% | 37.1% | -88% | -52.4% | 2346.9% | -17.7% | 38.8% | -4.4% | - |
| BVPS (₹) ⓘ | 167.6 | 172.8 | 172.1 | 177.6 | 171 | 173.4 | 195.9 | 226.1 | 237.2 | 251.6 | 255.7 |
| Adj Net Profit ⓘ | 94.2 | 134 | 94.1 | 129 | 15.5 | 7.4 | 204 | 197 | 286 | 273 | 326 |
| Cash Flow from Ops. ⓘ | -73 | -99.3 | -7.3 | -224 | 830 | -33.6 | 457 | 392 | 247 | 121 | - |
| Debt/CF from Ops. ⓘ | -19 | -19.6 | -182 | -6.1 | 0.8 | -23.2 | 1.7 | 1.4 | 1.4 | 2.7 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -7.1% | -9.4% | 2% | -18.2% | ||||
| Adj EPS ⓘ | 8.5% | 66.3% | 3% | -4.4% | ||||
| BVPSⓘ | 4.6% | 8% | 8.7% | 6% | ||||
| Share Price | 24.1% | 68% | 46.8% | 72.4% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 6.2 | 8.7 | 6 | 8.1 | 1 | 0.5 | 11.2 | 8.3 | 10 | 8.9 | 10.2 |
| Op. Profit Mgn % ⓘ | 8.7 | 9 | 11.5 | 6.6 | 4.2 | 7.3 | 21.4 | 14.4 | 15.9 | 17.4 | 19.7 |
| Net Profit Mgn % ⓘ | 2.5 | 3.2 | 4.6 | 4.1 | 0.5 | 0.4 | 11.2 | 8.6 | 12.2 | 14.2 | 17.6 |
| Debt to Equity ⓘ | 0.9 | 1.2 | 0.9 | 0.9 | 0.4 | 0.5 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 |
| Working Cap Days ⓘ | 135 | 168 | 330 | 168 | 138 | 177 | 197 | 211 | 173 | 169 | 60 |
| Cash Conv. Cycle ⓘ | 84 | 110 | 165 | 66 | 40 | 13 | 17 | 0 | -8 | 11 | 14 |
Return on Equity has increased versus last 3 years average to 10.20%
Sales growth has been subdued in last 3 years 2.01%
Net Profit has been subdued in last 3 years 2.97%
Sales growth is not so good in last 4 quarters at -13.47%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 25.8 | 53.5 |
| TTM Sales (₹ Cr.) | 1,852 | 8,967 |
| BVPS (₹.) ⓘ | 255.7 | 448.2 |
| Reserves (₹ Cr.) ⓘ | 3,112 | 5,551 |
| P/BV ⓘ | 4.56 | 2.60 |
| PE ⓘ | 45.28 | 21.80 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 453.20 / 1443.35 |
| All Time Low / High (₹) | 8.24 / 1443.35 |
| Market Cap (₹ Cr.) | 14,778 |
| Equity (₹ Cr.) | 126.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 18.4 |
| Pledged * | 27.70 | 27.70 | 14.87 | 15.06 | 22.55 | 14.50 | 0.04 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,712 | 4,243 | 2,057 | 3,187 | 3,149 | 1,708 | 1,811 | 2,289 | 2,350 | 1,923 |
| Operating Expenses ⓘ | 3,421 | 3,882 | 1,829 | 3,002 | 3,033 | 1,596 | 1,425 | 1,962 | 1,976 | 1,588 |
| Manufacturing Costs | 135 | 119 | 47 | 47 | 39 | 57 | 83 | 100 | 81 | 88 |
| Material Costs | 2,879 | 3,302 | 1,625 | 2,766 | 2,816 | 1,398 | 1,178 | 1,710 | 1,754 | 1,295 |
| Employee Cost | 143 | 170 | 59 | 64 | 60 | 68 | 88 | 84 | 74 | 116 |
| Other Costs ⓘ | 265 | 291 | 98 | 124 | 117 | 72 | 76 | 68 | 66 | 88 |
| Operating Profit ⓘ | 290 | 361 | 228 | 186 | 116 | 112 | 386 | 327 | 374 | 334 |
| Operating Profit Margin (%) | 7.8% | 8.5% | 11.1% | 5.8% | 3.7% | 6.5% | 21.3% | 14.3% | 15.9% | 17.4% |
| Other Income ⓘ | 46 | 53 | 15 | 66 | 24 | 68 | 46 | 88 | 134 | 199 |
| Interest ⓘ | 110 | 129 | 53 | 71 | 80 | 85 | 87 | 69 | 51 | 40 |
| Depreciation ⓘ | 117 | 118 | 53 | 51 | 48 | 72 | 73 | 80 | 67 | 81 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 108 | 168 | 137 | 131 | 11 | 22 | 272 | 266 | 390 | 413 |
| Tax ⓘ | 30 | 48 | 47 | 18 | 3 | -9 | 63 | 68 | 99 | 100 |
| Profit After Tax | 78 | 120 | 90 | 113 | 8 | 31 | 209 | 198 | 291 | 313 |
| PAT Margin (%) | 2.1% | 2.8% | 4.4% | 3.5% | 0.3% | 1.8% | 11.5% | 8.6% | 12.4% | 16.3% |
| Adjusted EPS (₹) | 8.6 | 13.2 | 9.9 | 12.4 | 0.9 | 3.3 | 20.4 | 16.4 | 23.1 | 24.8 |
| Dividend Payout Ratio (%) | 45% | 37% | 59% | 47% | 334% | 87% | 37% | 55% | 43% | 34% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1,525 | 1,572 | 1,566 | 1,616 | 1,556 | 1,596 | 2,011 | 2,727 | 2,995 | 3,176 |
| Share Capital ⓘ | 88 | 88 | 88 | 88 | 88 | 89 | 103 | 121 | 126 | 126 |
| Reserves ⓘ | 1,437 | 1,483 | 1,477 | 1,528 | 1,468 | 1,507 | 1,908 | 2,606 | 2,869 | 3,049 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 1,124 | 1,874 | 1,079 | 1,368 | 674 | 751 | 642 | 432 | 231 | 256 |
| Long Term Debt | 339 | 469 | 0 | 194 | 401 | 577 | 640 | 432 | 231 | 256 |
| Short Term Debt | 785 | 1,404 | 1,079 | 1,174 | 273 | 174 | 2 | 0 | 0 | 0 |
| Trade Payables | 231 | 468 | 226 | 493 | 529 | 321 | 252 | 266 | 269 | 180 |
| Others Liabilities ⓘ | 585 | 560 | 465 | 160 | 257 | 286 | 357 | 362 | 353 | 392 |
| Total Liabilities ⓘ | 3,464 | 4,473 | 3,335 | 3,637 | 3,017 | 2,954 | 3,262 | 3,785 | 3,848 | 4,004 |
Fixed Assets | ||||||||||
| Gross Block | 2,384 | 1,368 | 854 | 858 | 894 | 1,314 | 1,326 | 1,413 | 1,262 | 1,344 |
| Accumulated Depreciation | 1,034 | 105 | 93 | 140 | 194 | 240 | 318 | 407 | 424 | 488 |
| Net Fixed Assetsⓘ | 1,351 | 1,263 | 761 | 718 | 700 | 1,074 | 1,008 | 1,005 | 838 | 855 |
| CWIP ⓘ | 141 | 395 | 92 | 194 | 506 | 23 | 24 | 11 | 19 | 33 |
| Investmentsⓘ | 301 | 116 | 959 | 1,116 | 835 | 823 | 934 | 1,153 | 1,985 | 1,740 |
| Inventories | 403 | 598 | 148 | 227 | 132 | 100 | 129 | 126 | 140 | 126 |
| Trade Receivables | 935 | 1,534 | 504 | 1,036 | 437 | 412 | 246 | 116 | 161 | 281 |
| Cash Equivalents | 38 | 209 | 85 | 79 | 64 | 186 | 103 | 42 | 38 | 42 |
| Others Assetsⓘ | 295 | 358 | 786 | 267 | 343 | 335 | 818 | 1,333 | 667 | 926 |
| Total Assets ⓘ | 3,464 | 4,473 | 3,335 | 3,637 | 3,017 | 2,954 | 3,262 | 3,785 | 3,848 | 4,004 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -73 | -99 | -7 | -224 | 830 | -34 | 457 | 392 | 247 | 121 |
| PBT ⓘ | 108 | 168 | 137 | 131 | 11 | 22 | 272 | 266 | 390 | 413 |
| Adjustment ⓘ | 226 | 225 | 92 | 68 | 120 | 122 | 132 | 81 | 10 | -72 |
| Changes in Working Capital ⓘ | -386 | -464 | -186 | -381 | 714 | -170 | 104 | 124 | -47 | -148 |
| Tax Paid ⓘ | -21 | -28 | -50 | -42 | -16 | -8 | -51 | -79 | -105 | -71 |
| Cash Flow From Investing Activity ⓘ | -191 | -61 | 106 | 319 | -48 | 61 | -590 | -608 | 40 | 71 |
| Capex | -127 | -322 | -76 | -131 | -265 | 41 | -43 | -90 | -38 | -71 |
| Net Investments | 12 | 167 | -88 | -156 | 271 | -41 | -75 | -131 | 173 | 274 |
| Others ⓘ | -76 | 94 | 270 | 606 | -54 | 61 | -473 | -387 | -95 | -132 |
| Cash Flow From Financing Activityⓘ | 209 | 318 | -225 | -104 | -813 | 22 | 67 | 224 | -294 | -190 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 25 | 176 | 510 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -58 | 529 | 0 | 194 | 207 | 113 | 68 | -118 | -121 | -10 |
| Interest Paid ⓘ | -119 | -125 | -60 | -80 | -105 | -85 | -83 | -68 | -58 | -37 |
| Dividend Paid ⓘ | -66 | -85 | 0 | -63 | -64 | -32 | -26 | -81 | -105 | -126 |
| Others ⓘ | 452 | -2 | -166 | -155 | -851 | 0 | -67 | -18 | -10 | -16 |
| Net Cash Flow ⓘ | -55 | 157 | -126 | -8 | -31 | 50 | -66 | 8 | -7 | 3 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 5.2 | 7.74 | 5.76 | 7.1 | 0.5 | 1.95 | 11.59 | 8.35 | 10.18 | 10.16 |
| ROCE (%) | 8.14 | 9.23 | 5.93 | 6.86 | 3.47 | 4.56 | 13.83 | 11.07 | 13.34 | 13.25 |
| Asset Turnover Ratio | 1.19 | 1.13 | 0.55 | 0.92 | 0.97 | 0.6 | 0.59 | 0.66 | 0.64 | 0.53 |
| PAT to CFO Conversion(x) | -0.94 | -0.83 | -0.08 | -1.98 | 103.75 | -1.1 | 2.19 | 1.98 | 0.85 | 0.39 | Working Capital Days |
| Receivable Days | 79 | 101 | 172 | 87 | 83 | 87 | 66 | 28 | 21 | 39 |
| Inventory Days | 34 | 41 | 63 | 21 | 20 | 24 | 23 | 20 | 20 | 24 |
| Payable Days | 37 | 39 | 78 | 47 | 66 | 111 | 89 | 55 | 56 | 63 |
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
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
