The company posted a 50% year-on-year decline in net profit at ₹139.4 crore for Q4FY26, compared with ₹277 crore a year ago. Revenue rose 12.9% to ₹3,011.4 crore, supported by strong volume growth in Technical Ammonium Nitrate (TAN) and Crop Nutrition Business (CNB).
EBITDA declined 26.3% year-on-year to ₹354 crore, while margins contracted to 12% from 18% in the year-ago period.
The company said quarterly performance was impacted by planned ammonia plant turnaround maintenance and efficiency enhancement costs of around ₹95 crore. Adjusted for this one-off impact, the EBITDA decline moderated to around 10% year-on-year, while improving 22% sequentially.
Deepak Fertilisers also noted that FY26 profit after tax declined 18% year-on-year to ₹439 crore after adjusting for a one-time tax credit of around ₹40 crore recorded in FY25. Lower finance costs partially offset margin pressures during the year.
The company said it continued to improve its portfolio mix towards higher-value products, with speciality products contributing 33% of CNB revenue during the year. In the mining chemicals business, the B2C segment contribution rose to 16%, supporting improved earnings quality.
The Board recommended a dividend of ₹10 per equity share for FY26. The company said the register of members will remain closed from August 26 to September 1 for the purpose of dividend payment and the annual general meeting, while the record date has been fixed as August 25.
The Board also approved the appointment of Chairman and Managing Director Sailesh C. Mehta as Chairman and Managing Director of wholly owned subsidiary Deepak Mining Solutions Ltd with effect from June 1, 2026. He will relinquish the role of Managing Director at Mahadhan AgriTech Ltd and continue there as Non-Executive Chairman.
Ahead of the earnings announcement, shares of Deepak Fertilisers closed 0.32% higher at ₹1,453.40 on the NSE.
