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Last Updated on: 22 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Deepak Fertilisers & Petrochemicals Corp Ltd

About the Company - Deepak Fertilisers & Petrochemicals Corp Ltd

Deepak Fertilisers & Petrochemicals Corporation Ltd. is a Public Limited Listed company incorporated on 31/05/1979 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24121MH1979PLC021360 and registration number is 021360. Currently Company is involved in the business activities of Wholesale of industrial chemicals,. Company’s Total Operating Revenue is Rs. 2289.44 Cr. and Equity Capital is Rs. 120.59 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
FertilisersSai Hira, Survey No. 93, Pune Maharashtra 411036investorgrievance@dfpcl.com
http://www.dfpcl.com
Management
NamePosition Held
Mr. Sailesh Chimanlal MehtaChairman & Managing Director
Mr. Madhumilan Parshuram ShindeNon Exe.Non Ind.Director
Mrs. Parul Sailesh MehtaNon Executive Woman Director
Mr. Jayesh Hirji ShahIndependent Director
Mr. Partha Sarathi BhattacharyyaIndependent Director
Mr. Sujal ShahIndependent Director
Mr. Bhuwan Chandra TripathiIndependent Director
Mrs. Varsha PurandareIndependent Woman Director
Mr. Sanjay GuptaIndependent Director
Mr. Sitaram KunteIndependent Director
Mr. Terje BakkenIndependent Director

Basic Stock Data of Deepak Fertilisers & Petrochemicals Corp Ltd

Last Updated: May 22, 2024, 4:44 pm

Market Cap 7,014 Cr.
Current Price 555
High / Low715/450
Stock P/E14.5
Book Value 411
Dividend Yield1.80 %
ROCE25.4 %
ROE26.5 %
Face Value 10.0
PEG Ratio0.33

Data Source: screener.in

Competitors of Deepak Fertilisers & Petrochemicals Corp Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Arunjyoti Bio Ventures Ltd 152 Cr. 81.390.7/23.5 0.420.00 %0.93 %5.84 % 10.0
Mangalore Chemicals & Fertilizers Ltd 1,333 Cr. 112156/90.86.12 76.11.33 %13.5 %18.7 % 10.0
Krishana Phoschem Ltd 1,388 Cr. 229272/20234.3 49.60.11 %15.0 %14.4 % 10.0
Chambal Fertilisers & Chemicals Ltd 15,744 Cr. 393439/25012.3 1821.91 %21.0 %17.8 % 10.0
Gujarat Narmada Valley Fertilizers & Chemicals Ltd 9,738 Cr. 663815/53214.1 5944.52 %22.9 %17.3 % 10.0
Industry Average5,671.00 Cr295.6613.36180.421.57%14.67%14.81%10.00

Deepak Fertilisers & Petrochemicals Corp Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1,4471,5751,9021,7931,9562,0123,0312,7192,7552,7962,3132,4241,853
Expenses1,2301,3021,6121,5811,6041,5112,2912,2252,2942,3262,0322,1381,570
Operating Profit217273290212352502740495461469281286282
OPM %15%17%15%12%18%25%24%18%17%17%12%12%15%
Other Income96611171011273115201911
Interest4348433736394443535579107106
Depreciation53526251665359565569598191
Profit before tax13017919013526742064942238436016211797
Tax %32%35%31%31%32%33%33%35%34%29%30%46%37%
Net Profit89116131931812834362762522571146361
EPS in Rs8.5311.0312.478.4014.9023.1935.9821.5419.7620.198.724.764.56

Last Updated: May 6, 2024, 6:42 am

Deepak Fertilisers & Petrochemicals Corp Ltd Quarterly Chart

Deepak Fertilisers & Petrochemicals Corp Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,4102,6693,9053,8084,3094,1505,9956,7424,6855,8087,66311,30110,287
Expenses1,9982,3533,3873,5123,9523,6765,4516,2854,2214,8486,3079,1358,791
Operating Profit4123165172973584745444574659611,3562,1651,497
OPM %17%12%13%8%8%11%9%7%10%17%18%19%15%
Other Income37583537711323549527448485
Interest6882101111130121173229243188155195294
Depreciation89108114124122135163171214212233239265
Profit before tax292183337981772302301101035881,0131,8161,023
Tax %27%29%29%32%34%33%29%33%14%31%32%33%
Net Profit2121292406711615516473894066871,221687
EPS in Rs20.8812.7523.726.7111.4715.2216.046.978.5038.9956.2495.8653.43
Dividend Payout %23%38%24%52%38%34%33%37%31%19%16%10%

Deepak Fertilisers & Petrochemicals Corp Ltd Profit & Loss Yearly Chart

Deepak Fertilisers & Petrochemicals Corp Ltd Growth

Compounded Sales Growth
10 Years:16%
5 Years:14%
3 Years:34%
TTM:-11%
Compounded Profit Growth
10 Years:25%
5 Years:49%
3 Years:231%
TTM:-61%
Stock Price CAGR
10 Years:14%
5 Years:32%
3 Years:23%
1 Year:1%
Return on Equity
10 Years:13%
5 Years:16%
3 Years:22%
Last Year:27%

Last Updated: May 22, 2024, 4:44 pm

Deepak Fertilisers & Petrochemicals Corp Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital888888888888888889103121126126
Reserves1,1251,1931,3651,3841,4391,9281,9581,9602,0502,6003,7644,9415,064
Borrowings8971,1249641,3841,9702,0133,5323,0323,0152,5932,6563,6994,077
Other Liabilities4985347235849571,0191,4132,0381,7771,8652,2042,6552,626
Total Liabilities2,6092,9393,1393,4404,4545,0486,9917,1186,9317,1618,74411,42111,893
Fixed Assets1,3421,4581,4271,3841,3172,0562,1892,2092,7122,6212,6442,6806,129
CWIP12127951523963856541,3701,3101,6192,4283,527726
Investments562552102537215438825212449879600792
Other Assets1,0901,1991,4061,6512,6682,4533,7613,2862,8972,4722,7944,6154,246
Total Assets2,6092,9393,1393,4404,4545,0486,9917,1186,9317,1618,74411,42111,893

Deepak Fertilisers & Petrochemicals Corp Ltd Reserves and Borrowings Chart

Deepak Fertilisers & Petrochemicals Corp Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 92225415-54-110796-1321,3105781,2481,211493
Cash from Investing Activity -196-315-64-189-62-840-1,139-576-156-634-1,430-979
Cash from Financing Activity -3250-356205330-811,269-737-354-613221604
Net Cash Flow-136-40-5-38157-125-1-36913118

Deepak Fertilisers & Petrochemicals Corp Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days868974911311151207699583055
Inventory Days494846516663625775617660
Days Payable5042473051547310214312410385
Cash Conversion Cycle8596721121461241083032-5330
Working Capital Days617351801235610132295-429
ROCE %18%11%18%7%8%9%8%6%5%15%19%25%

Deepak Fertilisers & Petrochemicals Corp Ltd Financial Efficiency Indicators Chart

Deepak Fertilisers & Petrochemicals Corp Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters54.90%55.80%55.89%53.06%47.58%47.58%47.58%45.46%45.46%45.46%45.46%45.46%
FIIs2.57%3.01%2.95%1.57%11.95%14.29%15.98%20.76%19.37%19.09%13.44%12.97%
DIIs1.72%1.59%0.33%4.95%1.78%1.56%1.67%2.08%2.06%2.13%2.07%2.83%
Public40.81%39.61%40.83%40.42%38.69%36.56%34.76%31.70%33.11%33.32%39.05%38.76%
No. of Shareholders1,18,7231,14,6781,39,1471,43,3141,51,4621,72,5481,70,9691,82,4711,93,4651,93,6282,15,6902,28,828

Deepak Fertilisers & Petrochemicals Corp Ltd Shareholding Pattern Chart

No. of Deepak Fertilisers & Petrochemicals Corp Ltd Shareholders

Deepak Fertilisers & Petrochemicals Corp Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Axis Small Cap Fund1,530,1850.5496.02
Axis Equity Hybrid Fund213,9640.8213.43
Nippon India Nifty Smallcap 250 Index Fund42,5260.322.67
Motilal Oswal Nifty Smallcap 250 Index Fund25,9850.321.63
SBI Nifty Smallcap 250 Index Fund20,3060.321.27
Navi ELSS Tax Saver Fund - Regular Plan19,0001.961.19
Navi Equity Hybrid Fund6,2000.480.39
Motilal Oswal Nifty 500 Index Fund2,8330.030.18
Edelweiss Nifty Smallcap 250 Index Fund1,0660.320.07
Groww Nifty Total Market Index Fund1920.030.01

Deepak Fertilisers & Petrochemicals Corp Ltd ROCE Trend

Deepak Fertilisers & Petrochemicals Corp Ltd EPS Trend

Deepak Fertilisers & Petrochemicals Corp Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)97.7060.4441.479.838.01
Diluted EPS (Rs.)97.7058.2539.209.838.01
Cash EPS (Rs.)115.6676.2960.2233.9128.11
Book Value[Excl.RevalReserv]/Share (Rs.)411.38331.87272.65249.09242.81
Book Value[Incl.RevalReserv]/Share (Rs.)411.38331.87272.65249.09242.81
Revenue From Operations / Share (Rs.)895.17635.48565.69524.80764.40
PBDIT / Share (Rs.)178.19116.0896.2262.6958.23
PBIT / Share (Rs.)159.2496.8075.5838.7738.79
PBT / Share (Rs.)143.8183.9657.3011.5612.79
Net Profit / Share (Rs.)96.7157.0139.589.998.68
NP After MI And SOA / Share (Rs.)95.8656.2438.999.778.01
PBDIT Margin (%)19.9018.2617.0011.947.61
PBIT Margin (%)17.7815.2313.367.385.07
PBT Margin (%)16.0613.2110.122.201.67
Net Profit Margin (%)10.808.976.991.901.13
NP After MI And SOA Margin (%)10.708.856.891.861.04
Return on Networth / Equity (%)23.8817.4614.814.003.36
Return on Capital Employeed (%)23.3617.9515.027.808.64
Return On Assets (%)10.597.755.601.250.99
Long Term Debt / Equity (X)0.630.590.830.980.84
Total Debt / Equity (X)0.710.660.871.331.40
Asset Turnover Ratio (%)0.370.410.350.330.62
Current Ratio (X)1.561.361.220.960.92
Quick Ratio (X)1.110.880.890.680.66
Inventory Turnover Ratio (X)2.663.211.651.601.96
Dividend Payout Ratio (NP) (%)8.9611.956.6936.5589.68
Dividend Payout Ratio (CP) (%)7.488.904.3710.6026.17
Earning Retention Ratio (%)91.0488.0593.3163.4510.32
Cash Earning Retention Ratio (%)92.5291.1095.6389.4073.83
Interest Coverage Ratio (X)11.559.045.262.302.24
Interest Coverage Ratio (Post Tax) (X)7.275.443.171.371.33
Enterprise Value (Cr.)10158.319193.824543.483343.854046.11
EV / Net Operating Revenue (X)0.891.200.780.710.60
EV / EBITDA (X)4.526.574.605.977.88
MarketCap / Net Operating Revenue (X)0.610.880.400.140.17
Retention Ratios (%)91.0388.0493.3063.4410.31
Price / BV (X)1.371.750.860.300.55
Price / Net Operating Revenue (X)0.610.880.400.140.17
EarningsYield0.170.100.170.130.06

Deepak Fertilisers & Petrochemicals Corp Ltd Profitability Ratios (%)

Deepak Fertilisers & Petrochemicals Corp Ltd Liquidity Ratios

Deepak Fertilisers & Petrochemicals Corp Ltd Liquidity Ratios (%)

Deepak Fertilisers & Petrochemicals Corp Ltd Interest Coverage Ratios (%)

Deepak Fertilisers & Petrochemicals Corp Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,607.69

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 189.67% compared to the current price ₹555

Intrinsic Value: ₹2,322.08

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 318.39% compared to the current price ₹555

Last 5 Year EPS CAGR: 44.44%

*Investments are subject to market risks

Strength and Weakness of Deepak Fertilisers & Petrochemicals Corp Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (5.08 cr) and profit (180.85 cr) over the years.
  1. The stock has a low average ROCE of 12.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 53.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 69.42, which may not be favorable.
  4. The company has higher borrowings (2,381.23) compared to reserves (2,367.00), which may suggest financial risk.

FAQ

What is the latest fair value of Deepak Fertilisers & Petrochemicals Corp Ltd?

The latest fair value of Deepak Fertilisers & Petrochemicals Corp Ltd is ₹1607.69.

What is the Market Cap of Deepak Fertilisers & Petrochemicals Corp Ltd?

The Market Cap of Deepak Fertilisers & Petrochemicals Corp Ltd is 7,014 Cr..

What is the current Stock Price of Deepak Fertilisers & Petrochemicals Corp Ltd as on 22 May 2024?

The current stock price of Deepak Fertilisers & Petrochemicals Corp Ltd as on 22 May 2024 is ₹555.

What is the High / Low of Deepak Fertilisers & Petrochemicals Corp Ltd stocks in FY 2024?

In FY 2024, the High / Low of Deepak Fertilisers & Petrochemicals Corp Ltd stocks is ₹715/450.

What is the Stock P/E of Deepak Fertilisers & Petrochemicals Corp Ltd?

The Stock P/E of Deepak Fertilisers & Petrochemicals Corp Ltd is 14.5.

What is the Book Value of Deepak Fertilisers & Petrochemicals Corp Ltd?

The Book Value of Deepak Fertilisers & Petrochemicals Corp Ltd is 411.

What is the Dividend Yield of Deepak Fertilisers & Petrochemicals Corp Ltd?

The Dividend Yield of Deepak Fertilisers & Petrochemicals Corp Ltd is 1.80 %.

What is the ROCE of Deepak Fertilisers & Petrochemicals Corp Ltd?

The ROCE of Deepak Fertilisers & Petrochemicals Corp Ltd is 25.4 %.

What is the ROE of Deepak Fertilisers & Petrochemicals Corp Ltd?

The ROE of Deepak Fertilisers & Petrochemicals Corp Ltd is 26.5 %.

What is the Face Value of Deepak Fertilisers & Petrochemicals Corp Ltd?

The Face Value of Deepak Fertilisers & Petrochemicals Corp Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Deepak Fertilisers & Petrochemicals Corp Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE