Deepak Fertilizers and Petrochemicals Corporation Limited CC-Nov25.pdf · 2025-11-06
I just have one query on the margins front. How much is the margin differential between the specialty products and normal products? And what is the differential between the B2C in TAN and B2B in TAN? Subhash Anand: It's a material difference. We normally don't give a differentiated margin portfolio that way. But if we are looking at general trend, definitely, the specialty products and the B2C products, that gives us a differentiated margin, and that's one of the margin expansion initiative which we have. More focus and more growth on this will help us to expand margin portfolio, and that will continue.
So what are the kind of targets internally we have set in, say, 3 years' time frame and how they will be accretive to the margins. Subhash Anand: It is, we won't give you that, I'll say, color of that. But definitely, this is a focus area, strategic area for us, and we'll continue to work on converting more and our portfolio more and more towards specialty. In Fertilisers, if you see last few quarters, the way we are moving, so our Croptek and specialty product portfolio growth will continue to be, and it will be material growth. So the focus is to move more and more portfolio towards that. So the B2C also more and more our entire TCO journey and downstream discussion is to go in that path and change the portfolio and go more towards B2C, so this journey is on. What number it will finally will be, I'll hold on for some time and maybe at the right time, we can have that discussion. But focus is to move more and more business towards specialty and value-added product.