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DEEPAK RESPONSIBLE CHEMISTRY Qo INNOVATION INDIGENOUS MANUFACTURING ATMANIRBHAR BHARAT Q1 FY2027 Results Presentation 4th August 2026 HIGHEST - EVER QUARTERLY PERFORMANCE it EBITDA EMPOWERING INDIA Revenue 2,592 Cr 35 % Y - o - Y PAT 554 Cr 159 % Y - o - Y 345 Cr 207 % Y - o - Y SUSTAINABLE FUTURE MAKE IN INDIA
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2 Deepak Nitrite Limited: A Leading Chemical Intermediates Producer Company Overview Deepak Nitrite (DNL) is one of the leading producers of chemical intermediates in India with a diversified portfolio of products that cater to multiple industries with varied applications . DNL is recognized globally as a ‘Responsible Manufacturer’ and as a ‘Supplier of Choice’ by marquee customers. Led by an able management team, DNL has leveraged process expertise, technological prowess and operational excellence to capitalise on opportunities for growth and deliver sustained value creation for stakeholders . Depend On Deepak Deepak Nitrite Limited (DNL) has built a strong organization with processes and systems that ensure seamless operations, as well as a focus on ethics and transparent practices, with a team of skilled and motivated people ready to step up and take charge, as well as deep capabilities to meet customers’ needs. More importantly, having long-lasting relationships at its core, founded on the principles of trust, faith, and values, ensures long-term success and future value creation. Sustainable & versatile business model 7 Modern Manufacturing Facilities Products exported to 50+ Countries across 6 continents Largest Producer of Phenol, Acetone, IPA & Sodium Nitrite in India Robust R&D capabilities Rich Legacy of over 5 Decades
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3 Deepak Nitrite at a Glance Modern Manufacturing Facilities at 5 strategic locations 7 Products 36+ Applications 56+ FY26 Total Revenue ₹ 7,947 Crore Countries receive our exported products 50+ Total Workforce 6,100+ Customers 1,500+ Long-Term Rating ICRA AA Stable Short-Term Rating ICRA A1+
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4 Responsive Manufacturing Presence & Global Customers Mexico Argentina Brazil Colombia Dominican Republic Honduras United States Canada RussiaFinland United Kingdom Netherland Belgium Poland GermanySwitzerlandFrance ItalyPortugal Turkey Algeria Israel Egypt Kuwait UAE Oman Qatar Saudi Arabia CoteD’Lvoire Cameroon Congo Kenya South Africa Nepal China Japan TaiwanHongkong Bangladesh ThailandVietnam Sri Lanka Philippines Australia Indonesia SingaporeMalaysia Agile Manufacturing Presence Vadodara Dahej Taloja Roha Hyderabad India Nandesari • Nandesari, Gujarat (DNL, DCTL) • Savli, Gujarat (DNL, DAML) • Dahej, Gujarat (DNL, DPL, DCTL) • Taloja, Maharashtra (DNL) • Roha, Maharashtra (DNL) • Hyderabad, Telangana (DNL) • Sankarda, Gujarat (DCLT) Manufacturing Locations • Vadodara, Gujarat Corporate Headquarters • Facility in Oman (DOIL) Upcoming Manufacturing Facilities Savli Sankarda Global Customer Reach Research & Development Centre • Savli, Gujarat (DRDC)
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5 Company overview: Exemplary track record *Conversion rate of ₹ 95.43 per dollar (Source: FEDAI) Consistently Rewarded Shareholders MARKET CAP31 July ‘20 ₹ 87.7 bn. $ 0.9 bn* 31 July ‘26 ₹ 226.7 bn. $ 2.4 bn* Dividend as % of Face Value 225% 225% 350% 375% 375% 375% 375% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY26 Special Final Interim
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6 • Aligned with ‘Atmanirbhar Bharat’ for import substitution, benefiting from PCPIR infrastructure • Supported by long-term feedstock agreements with Petronet LNG • Strong Government backing is boosting India’s chemical Growth Drivers • India’s first integrated Polycarbonate plant (165,000 MT/yr) • Deepening capabilities across nitration and hydrogenation platforms, addition of nitric acid manufacturing capacities to ensure better control over the value chain and imminent commissioning of specialty agrochem and multi-purpose plants for specialty products • Deepak Group to become one of the few global players to achieve full integration across ammonia-nitration-amines spectrum • Building an integrated value chain from Cumene–Phenol– Acetone to Polycarbonate • Focus on high-value sectors: pharmaceuticals, agrochemicals, electronics, defence and electric mobility among others PRODUCT DRIVEN EXPANSION • Invested over INR 100 Crore in a new world-class R&D Centre at Savli, Vadodara, to drive innovation in Life Sciences, Specialty, and Application-based intermediates • Digital initiatives include SAP S/4HANA migration, AI/ML- driven smart manufacturing, optimize power and predictive analytics through a Digital Innovation Lab – this will enhance efficiencies and data collection • Deepak Nitrite is accelerating its transition towards renewable energy, with plan to shift 60–70% of its requirement to green sources, while embedding green chemistry principles across its operations • These initiatives will enhance efficiency, drive cost savings, reduce environmental impact & enable safer, more sustainable products, with benefits already beginning to accrue & plans underway to expand their adoption across the organization • Actively developing new products and variants of existing products as well as actively undertaking forward and backward integration to enhance competitive position INCREASING INNOVATION AND DIGITALISATION COST OPTIMISATION THROUGH ENERGY TRANSITION FAVOURABLE REGULATORY REFORMS THRUST ON INCREASING VALUE ADDITION
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7 The Macro Tailwinds Map China+1 Diversification Atmanirbhar Bharat (Self-Reliance) Supply Chain Volatility & Logistics Costs Providing a trusted, globally competitive alternative supply chain for intermediates and specialities Targeting the massive structural supply gap in India for engineering polymers and advanced materials Securing long -term domestic feedstock pipelines (15 -year Petronet LNG agreement) to eliminate external dependencies Capitalizing on global vacuums through strategic expansion
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8 Q1 FY27 – Financial Snapshot (Consolidated) Q1 FY27 1,914 2,127 2,592 Q1FY26 Q4FY26 Q1FY27 REVENUE (₹ CR.) 214 383 554 Q1FY26 Q4FY26 Q1FY27 EBITDA (₹ CR.) 112 220 345 Q1 FY26 Q4 FY26 Q1 FY27 PAT (₹ CR.) Y-o-Y 159% Q-o-Q 45% Y-o-Y 207% Q-o-Q 57% Y-o-Y 35% Q-o-Q 22%
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9 Financial Highlights & Segmental Snapshot – Q1 FY27 (Consolidated) Particulars (₹ Crore) Q1 FY27 Q4 FY26 Q1 FY26 Q-o-Q (%) Y-o-Y (%) Revenue 2,592 2,127 1,914 22% 35% EBITDA 554 383 214 45% 159% PBT 468 301 155 55% 202% PAT 345 220 112 57% 207% Key Numbers 159% Y-o-Y growth in EBITDA in Q1 FY27 85:15 Domestic: Exports Revenue Mix for Q1 FY27 207% Y-o-Y Growth in PAT in Q1 FY27 Advanced Intermediates 605 708 804 Q1 FY2 6 Q4 FY2 6 Q1 FY2 7 R EV EN U E FR OM OP ER ATI ON S ( ₹ CR . ) 35 34 67 Q1FY 26 Q4 FY2 6 Q1 FY2 7 EB I T ( ₹ C R.) Y-o-Y 33% Y-o-Y 89% Phenolics 1,304 1,429 1,775 Q1 FY2 6 Q4 FY2 6 Q1 FY2 7 R EV EN U E FR OM OP ER ATI ON S ( ₹ CR . ) 118 287 418 Q1 FY2 6 Q4 FY2 6 Q1 FY2 7 EB I T ( ₹ C R.) Y-o-Y 36% Y-o-Y 254%
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10 Performance takeaways & Segmental Overview Q1 FY27 marked a strong start to the financial year, with the Company delivering robust growth in revenue and profitability amidst a volatile operating backdrop characterised by geopolitical tensions, supply chain disruptions, feedstock availability and pricing uncertainty. The performance reflects the strength of Deepak's integrated operating model, supported by disciplined execution, steady utilisation, favourable product mix and the benefits of recent integration initiatives across key businesses. The Company remained agile in responding to rapidly evolving market conditions by proactively managing procurement, securing critical feedstocks, optimising supply chains and capitalising on demand opportunities across domestic and export markets. Continued focus on operational excellence, yield improvement, energy optimisation and commercialisation of new products further strengthened earnings quality during the quarter. With improving demand visibility across several product segments, expanding downstream capacities and a healthy pipeline of new products, the Company remains well positioned to sustain growth and further strengthen its competitive position in the coming quarters. Advanced Intermediates (AI) • QoQ improvement in sales realization and benefit from proactive procurement strategy enabled the segment to deliver an improved contribution on a QoQ basis • Positive contribution across key products, highest quarterly performance in select products and ensuring uninterrupted plant operations aided the performance of the projects commissioned over last few quarters • Outlook is strong due to combination of a factors such as potential for further debottlenecking in select products, addition of new products into the product basket, contribution of products such as nitric acid, nitration-based products and hydrogenation -based products introduced over last several months as well as imminent commissioning of specialty agrochem and multipurpose plants are going to increasingly bolster growth Phenolics • Delivered the highest-ever quarterly performance, with revenue of ₹1,775 crore and EBIT of ₹418 crore, supported by favourable product spreads, firm domestic realisations and stable volume offtake across key products. • Maintained high operating rates across the Phenolics chain through proactive feedstock management. • Profitability was further strengthened through disciplined commercial execution, strategic benzene input positioning, process optimisation and debottlenecking initiatives, enabling the business to capitalise on favourable market conditions while reinforcing its market leadership. Renewable energy investments began accruing benefits, delivering ~₹4.5 crore in cost savings during Q1 FY27 andon track for further increase in annual savings, while advancing ESG goals
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11 Update on Polycarbonate project Germany Plant dismantling at Stade, Germany is progressing well, with partial shipment of equipment having being received at Dahej site Ordering Ordering for major OSBL equipment has been completed. Total commitment for the project is around 2,900 Cr. India Contractor has been mobilised and civil infrastructure activities are currently underway HyCO Signed a long-term contract with leading player to set up a dedicated HyCO plant On-site facility will ensure reliable supply of critical raw materials, improving operational efficiency and supply-chain security Commissioning targeted in 2028, in line with DCTL’s Polycarbonate project timeline
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12 Navigating Uncertainty and Building Structural Strength Industry Disruption Landscape Strategic Response: Building Structural Resilience through Backward Integration & Feedstock Security Outcome: Building a Stronger, Agile & Future-Ready Supply Chain From disruption to resilience — Deepak Nitrite is transforming its supply chain into a strategic advantage, enabling reliability, cost leadership, and future-ready growth. • Geopolitical tensions & shifting trade dynamics • Aggressive global pricing (especially China-led) • Logistics disruptions & freight volatility • Feedstock constraints & price fluctuations • Energy cost volatility & utility spikes • Potential demand softness • Long-term sourcing agreements • On-site HyCO partnership for critical inputs • Deepening integration across Nitric Acid, Nitration & Hydrogenation through strategic investments • Imminent commissioning of specialty agrochem and multi-purpose plants • Driving operational efficiency & cost optimization via co -located assets • De-risking supply chain through diversification/ multi -source procurement • Captive power & renewable energy sourcing • Upcoming facility to enable integration from Propylene > Polycarbonates Supply Security & Continuity: Stronger supply assurance and operational continuity through strategic sourcing, supplier partnerships, integration. Cost Resilience: Enhanced margin stability and cost competitiveness driven by deep backward integration. . Digital Control & Agility: Enhanced end-to- end visibility and faster decision-making enabled by advanced analytics, real-time monitoring, and integrated operations. Customer-Centric & Sustainable Growth: Faster response to market shifts and accelerated commercialization through sustainable, efficient, focused operations. ESG Leadership & Decarbonization: Reduced carbon intensity and lower environmental impact through captive renewable energy integration, circular byproduct reuse, and resource-efficient processes.
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13 CMD Message "The global chemical industry continues to undergo one of its most significant structural transformations in decades. Traditional supply chains are steadily giving way to more resilient, regionally diversified manufacturing ecosystems, with customers increasingly prioritising reliability, integration, technological capability and security of supply alongside cost competitiveness. While cyclical pricing pressures and geopolitical developments continue to influence near-term industry dynamics, they are also accelerating a broader realignment of global manufacturing. Companies with integrated operations, secure feedstock access, strong process capabilities and disciplined capital allocation are emerging as preferred long-term partners. India's manufacturing ecosystem is well positioned to benefit from this transition, supported by increasing domestic value addition, import substitution initiatives and deeper engagement with trusted global partners. Against this backdrop, Deepak Group delivered a strong start to FY2026-27 through disciplined execution and timely strategic interventions in an operating environment that remained far from straightforward. During the quarter, we proactively secured critical raw materials, diversified sourcing, strategically built inventories, leveraged domestic procurement, maintained uninterrupted plant operations despite global supply chain disruptions and capitalised on emerging demand opportunities across domestic and export markets. Coupled with improving product realisations, benefits of recent integration initiatives and continued focus on operational excellence, these actions enabled us to deliver robust growth in both revenues and profitability. More importantly, the quarter reinforces that our long-term strategy is steadily translating into stronger structural advantages. The integration achieved across the ammonia–nitration–amines value chain, continued downstream expansion within Phenolics, long-term feedstock partnerships and sustained investments in innovation and advanced materials are progressively strengthening the quality and resilience of our earnings while reducing dependence on external supply chains. As we continue to deepen integration across multiple value chains, we are creating a business that is structurally more competitive, operationally more agile and better positioned to create sustainable value through industry cycles. Encouragingly, we are seeing improving demand visibility across several product categories, supported by healthier customer enquiries in both domestic and export markets, expanding capacities, commercialisation of new products and gradually strengthening downstream demand. The first quarter witnessed extreme volatility in the business which is gradually settling down. In this era of global volatility, whosoever is agile to the dynamic situation, is expected to deliver good results. And now I am confident our team would continue taking proactive steps to maintain this growth traction while continuing to strengthen India's role as a globally competitive manufacturing hub for chemicals, performance products and advanced materials." Commenting on the performance for Q1 FY27 Mr. Deepak C. Mehta (Chairman & Managing Director)
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14 Consolidated P&L Statement Particulars (₹ Crore) Q1 FY27 Q4 FY26 Q-o-Q (%) Q1 FY26 Y-o-Y (%) Revenue 2,578 2,120 22% 1,890 36% Other Income 14 7 104% 25 -43% Total Revenue 2,592 2,127 22% 1,914 35% Total Expenditure Raw Material consumption and change in inventory 1,628 1,380 18% 1,361 20% Employee benefits expense 118 111 7% 106 11% Power & fuel expenses 123 120 2% 114 8% Other expenses 168 133 26% 119 41% EBITDA 554 383 45% 214 159% EBITDA Margin (%) 21% 18% 19% 11% 91% Finance Costs 23 19 21% 8 182% Depreciation and Amortization 64 63 2% 51 24% PBT Before Exceptional Items 468 301 55% 155 202% Exceptional Items - - - - - PBT After Exceptional Items 468 301 55% 155 202% Tax expense 123 82 50% 42 189% PAT 345 220 57% 112 207% PAT Margin (%) 13% 10% 29% 6% 127% EPS Basic & Diluted ( ₹ ) 25.30 16.11 57% 8.23 208%
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15 Consolidated P&L Statement Particulars ( ₹ Crore) Q1 FY27 Q4 FY26 Q-o-Q (%) Q1 FY26 Y-o-Y (%) Advanced Intermediates 804 708 14% 605 33% Phenolics 1,775 1,429 24% 1,304 36% Less - Inter segment 1 17 -92% 19 -93% Total 2,578 2,120 22% 1,890 36% Particulars ( ₹ Crore) Q1 FY27 Q4 FY26 Q-o-Q (%) Q1 FY26 Y-o-Y (%) EBIT Advanced Intermediates 67 34 100% 35 89% Phenolics 418 287 46% 118 254% EBIT % Advanced Intermediates 8% 5% 6% Phenolics 24% 20% 9%
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16 Awards & Recognitions – Q1 FY27 Dr. (Hon.) Deepak C. Mehta Addressing the Vibrant Gujarat Regional Conference, Central Gujarat • Dr. (Hon.) Deepak C. Mehta, Chairman & Managing Director, Deepak Group, addressed investors, policymakers, and industry leaders at the Vibrant Gujarat Regional Conference, Central Gujarat • Shared insights on Gujarat's emergence as a global manufacturing and industrial powerhouse, drawing from Deepak Group's growth journey • Highlighted the key drivers of Gujarat's success, including progressive policies, world-class infrastructure, ease of doing business, and a strong entrepreneurial ecosystem • Emphasized the importance of innovation, sustainability, and value-added manufacturing in strengthening India's global competitiveness • Reinforced Deepak Group's commitment to supporting India's industrial growth through continuous investments, innovation, and manufacturing excellence.
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17 Responsible Chemistry Scorecard Global Benchmarks • Scored 67 in DJSI Assessment (Included in S&P Global Sustainability Yearbook). • Scored 'B' in CDР Climate Change and Water Security. Energy & Emissions • Target: 60-70% renewable energy mix progressively from FY27. • Action: Secured short and long-term RE Power Purchase Agreements Agreements (PPAs) saving an estimated ₹20 Crore annually. Safety & Community • LTIFR (Lost Time Injury Frequency Rate) at a world-class 0.12. • Over 750,000 lives impacted through Deepak Foundation CSR initiatives.
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18 Corporate Social Responsibility (CSR) RESPONSIBLE CHEMISTRY Key CSR Initiatives Mobile Health Units: Doorstep healthcare in tribal areas of Maharashtra and Gujarat; served 100,102 beneficiaries in FY 2025–26 Deepak Medical Centre: ₹11 Cr infrastructure support over 3 years to Medical Care Centre Trust. Community Infrastructure: Partnered with SVADES to build community halls in Nandesari. Sustainable Livelihoods: Promoted water management and climate-resilient farming in Raigad, Maharashtra. Public Welfare Collaboration: Assisted Morbi district in implementing welfare schemes and documentation services. Startup Support: Funded AIC-IISER Pune SEED Foundation to encourage science-based startups. Impact Assessments: Voluntarily conducted evaluations of key projects for effectiveness and improvement. Focus Areas Education Healthcare Women Empowerment Livelihood and Skill Development Infrastructure Development Environment, Sanitation, and Water Conservation Impact Over 700,000 beneficiaries Presence across 25 districts, 5 states, and 2,000+ villages 75 capital assets created or acquired
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19 About Us & Contact Details Deepak Nitrite Limited (NSE: DEEPAKNTR, BSE: 506401) is a leading producer of chemical intermediates with a diversified portfolio that caters to the dyes and pigments, agrochemical, pharmaceutical, plastics, textiles, paper, home and personal care segments as well as crude derivates intermediates such as phenolics, acetone and IPA in India and overseas. Its products are manufactured across 6 locations, which are all accredited by Responsible Care. For further information, please contact: Somsekhar Nanda Chief Financial Officer (Deepak Nitrite Limited) Email: snanda@godeepak.com Mayank Vaswani / Nishid Solanki CDR India (IR Advisors) Email: mayank@cdr-india.com / nishid@cdr-india.com
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20 Disclaimer This presentation contains forward-looking statements that involve risks and uncertainties. When used in this presentation, the words ‘anticipate,’ ‘belief,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘will’ and other similar expressions as they relate to the Company and its Businesses are intended to identify such forward-looking statements. The Company undertakes no obligation to update or revise any forward- looking statements publicly, whether as a result of new information, future events, or otherwise. Actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward- looking statements that speak only as of their dates. This presentation should be read in conjunction with the financial statements included herein.