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Deepak Nitrite (DEEPAKNTR) investor relations material
Deepak Nitrite Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record Q2 and H1 performance amid volatile markets; higher throughput, full plant utilization, integrated manufacturing and proactive feedstock sourcing supported results.
Portfolio diversification, dependable supply and disciplined execution underpin growth priorities across Advanced Intermediates, specialty products and Polycarbonate.
Financial highlights
Q2 total revenue was ₹3,091 crore, up 61% YoY and 19% QoQ; consolidated revenue in the financial statements was ₹3,076.37 crore, versus ₹1,901.89 crore YoY.
Q2 EBITDA reached ₹643 crore, up 187% YoY and 16% QoQ; consolidated net profit was ₹397.68 crore, versus ₹118.75 crore YoY.
H1 revenue was ₹5,682 crore, up 48% YoY, and EBITDA was ₹1,197 crore, up 173%; consolidated financial statements report revenue of ₹5,653.97 crore and net profit of ₹742.69 crore.
Consolidated PBT was ₹542.70 crore in Q2 and ₹1,010.33 crore in H1; EPS was ₹29.16 and ₹54.45, respectively.
Segment performance
Phenolics Q2 revenue was ₹2,291.09 crore and EBIT ₹515.43 crore, with a 22% margin; H1 revenue was ₹4,066.14 crore and EBIT ₹933 crore, above the FY22 full-year peak of ₹867 crore.
Advanced Intermediates Q2 revenue was ₹810.82 crore and EBIT ₹48.76 crore, with a 6% margin; H1 revenue was ₹1,614.67 crore and EBIT ₹116 crore.
Advanced Intermediates pursued volume-led growth and recovered share in select products; aggressive pricing, input and energy costs, freight and deferred agrochemical demand pressured profitability.
MIBK and MIBC ramp-up was 60%; assets were operating at or above target efficiencies, with utilization guided by integrated profitability and market pricing.
- Sales rose 23% as FY98 returned to profit and exports expanded.DEEPAKNTR
Q4 97/98 - A first loss in 25 years; recovery hinged on plant utilization, exports and lower financing pressure.DEEPAKNTR
Q4 96/97 - Exports rose 40% as FY99 net profit after adjustments nearly doubled.DEEPAKNTR
Q4 98/99 - Export growth and strategic expansion offset margin pressure from imports and rising costs.DEEPAKNTR
Q4 99/00 - Export-led sales growth was offset by input-cost pressure and weaker earnings.DEEPAKNTR
Q4 00/01 - Exports and profits advanced as fine chemicals grew; input-cost and competition risks persisted.DEEPAKNTR
Q4 02/03 - Sales rose 6%, exports 15%, while net profit fell to Rs 7.90 crore.DEEPAKNTR
Q4 01/02 - Exports surged 44%, but input-cost and NCB pricing pressure cut profit after tax.DEEPAKNTR
Q4 03/04 - Export-led growth lifted FY06 PBT 37%, while Pune relocation weighed on fine chemicals.DEEPAKNTR
Q4 05/06
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