Deepak Fertilizers
FY21 Revenue growth +24%, EBITDA doubled and Net Profit > 4.6x
Profitable growth across all business units with Chemicals 81% of operating profits
Net Debt reduced by Rs 840 crore and Net Debt / EBITDA of 1.91x
Fundamental Industry Dynamics Along With Government Of India Policies And Budgets Drive Future Growth
The recent increase in fixed subsidies shall help neutralize the RM Cost hikes, the farmer affordability, and thus the demand; allowing reasonable margins to continue
Limestone Mining is likely to increase driven by the thrust on the Infrastructure segment announced in India’s Union Budget for FY22
Cement plants are likely to improve their capacity utilizations; large Cement producers have already announced expansion plans