Stockrabit · Analysts
Questions across 9 calls

Jainam Ghelani

Svan Investments

Deepak Fertilizers and Petrochemicals Corporation Limited

Deepak Fertilizers and Petrochemicals Corporation Limited CC-Mar25.pdf · 2025-05-23
Hi, sir. Thanks for this opportunity. So, my first question is, what is the current ammonia pricing and what was your annual savings in FY ‘25 from the ammonia plant? Subhash Anand: Okay. In fact, the current price of ammonia is around $300. Yes, the last quarter, I will say the average price is around $330. That’s what the average number what we have seen. I will not say saving in terms of ammonia, we need to see separately because now we have an integrated supply chain. As we continue to maintain, our EBITDA breakeven is around $310, $320, at that price, the PCL remain EBITDA breakeven.
Okay. And sir, what would be our EBITDA from our Industrial Chemicals business and the Fertilizers business, if you could specify? Subhash Anand: So, we don’t give segment-wise EBITDA margin, this thing. But overall EBITDA, if you see, yes, at consol level, we have delivered 19% EBITDA. All 3 business has a different level of EBITDA. That’s definitely we all understand and each one of you aware of. In terms of Mining business, that’s a highly profitable business. Fertilizers business, as such, the industry compared to all 3 businesses comes at a lower level, Industrial Chemicals at the mid-level.
Deepak Fertilizers and Petrochemicals Corporation Limited CC-Dec24.pdf · 2025-01-30
Sir, just carry on with the Nirav's question in terms of our new project, which is coming in Gopalpur, the TAN. So, assuming that we will be importing an ammonia, so what will be the IRR that we are expecting on both the new projects that we are commencing in the second half? Subhash Anand: Okay. IRR will not be very different because even the way we do run our business currently also, the TAN business and the transfer of or, I say the intercompany sales happens at a market value or at international price value. So, the profitability which TAN has, even if they start importing, it will continue to be at a similar level.
Sir, it means it will be in the high teens or early 20? I mean can you give a qualitative thing on that front? Subhash Anand: It will be high teens.
Deepak Fertilizers and Petrochemicals Corporation Limited CC-Jun24.pdf · 2024-08-01
Good evening, sir, and thank you for the opportunity and congrats on great set of numbers if you look on the year-on-year basis. But sir, I just want to understand on the TAN business, now since we are already operating at the rated capacity about 104%. So can you help us understand the demand supply dynamics in the TAN business and what will be general operating performance in terms of the EBITDA that we will be making only from the TAN?
Yes.
Deepak Fertilizers and Petrochemicals Corporation Limited CC-Sep23.pdf · 2023-11-03
I want to check on the ammonia facility that now you said that the last quarter, we had an impact on the stabilization of the plant to the tune of Rs. 87 crores that we have already taken a hit. Now with the gradual ramp-up of the facility, can you give us the update in terms of how the spreads are looking currently, given the gas prices contract that we have already entered?
But the $75 to $100 is including the benefit that we're getting from the government in terms of subsidy and the steam benefit?

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