Pune: Deepak Fertilisers and Petrochemicals Corporation expects its investments to securing the supply chain and adding new capacities will contribute additionally around Rs 2,500 crore to its revenue by FY28, CMD Sailesh Mehta said. The company reported a consolidated revenue increase of 22% to Rs 3,256 crore in Q1FY27, while net profit increased 101% to Rs 490 crore.The company’s upcoming facilities to manufacture technical ammonium nitrate (TAN) at Gopalpur and nitric acid at Dahej are expected to be commissioned in the third quarter of FY27. Their full-year impact on revenue and margins is expected to be visible in FY28, Mehta said.“The secure supply of liquified natural gas (LNG) and ammonia is giving very strong support. Nitric acid is a building block for many speciality chemicals. This will be supported by growing demand from industries which are moving towards speciality chemicals. These measures are expected to provide tailwinds to the growth,” Mehta told TOI.The Gopalpur project, a greenfield facility in Odisha, will add 3.76 lakh tonnes per year of TAN capacity at an investment of about Rs 2,675 crore. Its location near major mining regions in eastern India is expected to strengthen the company’s access to customers in the mining and infrastructure sectors, while proximity to a port also provides export opportunities.The Dahej project involves an expansion of 3 lakh tonnes per year of weak nitric acid and 150 KTPA of concentrated nitric acid capacity, with an investment of about Rs 1,983 crore. The company has said the additional capacity will cater to demand from customers in western and central India, with around 65% of the additional concentrated nitric acid capacity tied up under a long-term contract.The projects will also deepen the company’s integration across its chemical businesses. The Taloja ammonia plant, with a capacity of 1,500 tonnes per day, had helped the company maintain supplies during an ammonia shortage in the industry amid geopolitical tensions, highlighting the benefit of having greater control over critical feedstock.The company expects the investments to contribute through higher volumes as well as improved margins. The combination of secured inputs and downstream capacity is aimed at reducing exposure to supply disruptions while allowing the company to benefit from the shift towards higher-value speciality chemicals.
