Stockrabit · Analysts
Questions across 2 calls

Sheelkumar Shah

Sameeksha Capital

Muthoot Finance Limited

Deepak Fertilizers and Petrochemicals Corporation Limited

Deepak Fertilizers and Petrochemicals Corporation Limited CC-Nov25.pdf · 2025-11-06
I'm just looking at your consol cash flow and there is a spike in inventories and other assets. If you can explain that. Subhash Anand: Inventory, basically quarter 2 being a season to build the inventory. So this is normal. It happens as in every quarter. So especially our two businesses, one is TAN business because of monsoon, we build the inventory for next quarter and also for our CNB business, inventory gets built up. So, it's broadly impact of that.
Okay. And ammonia, on ammonia prices, so what is driving the ammonia prices now? And do you think they are sustainable? Subhash Anand: Ammonia prices, in fact if somebody is looking 10-year average, it remained $450 higher up. So $300 was abnormality, I call it, that's not the normal somebody should look in. So, it's getting back to the right scenario, and that's how it should be.