Mukul Agarwal’s Latest Stock Pick Reaches New Highs
The company’s consolidated net profit surged by an impressive 237% year-on-year, reaching ₹214 crore compared to ₹63.5 crore in the same quarter last year.
Shares of Deepak Fertilizers & Petrochemicals Corporation Ltd (DFPCL) surged by 16% to close at ₹1,309.90 on the NSE following the company’s release of its Q2 earnings results. During Tuesday’s intraday session, the stock achieved an all-time high of ₹1,333.
Renowned investor Mukul Mahavir Agarwal purchased 15 lakh shares of DFPCL in the second quarter of FY25, representing a 1.19% holding in DFPCL, as reflected in the recent shareholding report.
Q2 Results:
DFPCL’s financial performance for Q2 FY25 demonstrated notable improvements across key metrics. The company’s consolidated net profit surged by an impressive 237% year-on-year, reaching ₹214 crore compared to ₹63.5 crore in the same quarter last year. Revenue from operations also saw an uptick, growing by 13.3% year-on-year to ₹2,746.7 crore, up from ₹2,424.2 crore in Q2 FY24.
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Earnings before Interest, Tax, Depreciation, and Amortization (EBITDA) of the company increased significantly by 72.7%, reaching ₹494.2 crore as compared to ₹286.1 crore last year. The company’s EBITDA margin expanded by 620 basis points to 18%, compared to 11.8% last year, largely due to a reduction in raw material costs.
About the Company:
DFPCL is a leading player in India’s industrial chemicals and fertilizers market, operating in three primary segments: industrial chemicals, crop nutrition (fertilizers), and technical ammonium nitrate (TAN), an essential material for the mining sector. The company holds a strong market position in TAN and in critical industrial chemicals such as nitric acid and isopropyl alcohol (IPA), giving it a diversified portfolio that supports steady growth in its core sectors.