Deepak Fertilisers and Petrochemicals Corporation Limited reported a 22% year-on-year decline in consolidated net profit to ₹739 crore for the financial year ended March 31, 2026, despite a 12% increase in revenue to ₹11,506 crore. The decline in profitability was attributed to margin pressures from rising raw material costs and inadequate subsidy support, particularly in the fertiliser segment, partially offset by lower finance costs. The company's board recommended a dividend of ₹10 per equity share and approved the re-appointment of statutory auditors for a second term. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings conference call held on May 29, 2026, to discuss the financial results is available on the company's website.

Financial Performance for FY26

The company's consolidated revenue for FY26 grew to ₹11,506 crore from ₹10,274 crore in the previous year. However, operating EBITDA fell 13% to ₹1,684 crore, and the EBITDA margin contracted to 14.6% from 18.7%. Net profit for the year stood at ₹739 crore compared to ₹945 crore in FY25. The following table summarises the full-year performance:

Q4 FY26 Performance

For the quarter ended March 31, 2026, revenue increased to ₹3,011 crore from ₹2,667 crore in the year-ago period. Net profit, however, declined sharply to ₹139 crore compared to ₹278 crore in the same quarter of the previous year. EBITDA for the quarter fell to ₹354 crore from ₹480 crore year-on-year, with the EBITDA margin contracting significantly to 11.8% from 18%. The quarterly results reflect continued pressure on operating profitability driven by elevated input costs and subdued margins in the fertiliser business.

Board Decisions and Dividend

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s P G Bhagwat LLP, submitted their audit reports with an unmodified opinion. The board recommended a dividend of ₹10 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting (AGM). The record date for the dividend is set for August 25, 2026, and the register of members will remain closed from August 26, 2026, to September 1, 2026.

Corporate Governance and Appointments

The board approved the re-appointment of M/s P G Bhagwat LLP as statutory auditors for a second term of five years, subject to shareholder approval. Additionally, M/s Harshad Deshpande & Associates were re-appointed as cost auditors for FY27. Mr. Sailesh C. Mehta, Chairman and Managing Director, was appointed as the Chairman & Managing Director of Deepak Mining Solutions Limited effective June 1, 2026. The board also approved the appointment of Mr. Yeshil S. Mehta as an Additional Director (Non-Executive Non-Independent) effective July 1, 2026, subject to shareholder approval. The 46th AGM is scheduled for September 1, 2026.

Transfer of Shares to IEPF Authority

Pursuant to Section 124 of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the company will transfer equity shares for which dividends have remained unpaid or unclaimed for seven consecutive years to the IEPF Authority. The company has sent individual communications to affected shareholders and uploaded details of such folios on its website. Shareholders are advised to claim unclaimed dividends from financial year 2018-19 onwards by approaching KFin Technologies Limited, the Registrar and Transfer Agents, on or before August 31, 2026. Failure to claim will result in the transfer of shares and dividends to the IEPF account, after which no claim will lie against the company.

Deepak Fertilisers And Petrochemicals Corporation Limited has scheduled a conference call to discuss the financial results for the quarter and year ended March 31, 2026. The meeting will be held on May 29, 2026, at 4:00 p.m. IST in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management will outline the company's business strategy and outlook post the declaration of its 4QFY26 results. Key executives, including the Chairman and Managing Director, the President and Chief Financial Officer, and other senior officials, will participate in the discussion.

Conference Call Details

The event provides an opportunity for stakeholders to gain insights into the company's performance. The dial-in details and access numbers for various regions are provided below.

Participants can join via the Diamond Pass link available on the company's communication. For further information regarding the conference call, stakeholders may contact the designated representative.