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DEEPAKFERT - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 3.2

Stock Code DEEPAKFERT Market Cap 12,509 Cr. Current Price 990 ₹ High / Low 1,779 ₹
Stock P/E 38.8 Book Value 274 ₹ Dividend Yield 1.01 % ROCE 14.9 %
ROE 12.3 % Face Value 10.0 ₹ DMA 50 1,239 ₹ DMA 200 1,323 ₹
Chg in FII Hold -0.63 % Chg in DII Hold 0.56 % PAT Qtr 10.8 Cr. PAT Prev Qtr 50.0 Cr.
RSI 21.8 MACD -49.8 Volume 4,80,433 Avg Vol 1Wk 7,48,800
Low price 888 ₹ High price 1,779 ₹ PEG Ratio 1.37 Debt to equity 0.13
52w Index 11.4 % Qtr Profit Var -83.9 % EPS 25.5 ₹ Industry PE 17.5

📊 Core Financials

  • Revenue & Profit Growth: Quarterly PAT dropped sharply from 50 Cr. to 10.8 Cr. (-83.9%), showing significant earnings pressure.
  • Profit Margins: ROE at 12.3% and ROCE at 14.9% are modest, reflecting average efficiency.
  • Debt Ratios: Debt-to-equity at 0.13 highlights a low-leverage balance sheet.
  • Cash Flows: Dividend yield at 1.01% provides moderate shareholder returns.

💹 Valuation Indicators

  • P/E Ratio: 38.8 vs Industry PE of 17.5, indicating overvaluation.
  • P/B Ratio: Current Price 990 ₹ / Book Value 274 ₹ ≈ 3.61, moderately high.
  • PEG Ratio: 1.37, suggesting growth is priced reasonably but with earnings volatility.
  • Intrinsic Value: Estimated fair value around 900–950 ₹, making current price slightly above fair zone.

🏢 Business Model & Competitive Advantage

  • Deepak Fertilizers operates in chemicals, fertilizers, and industrial products with strong domestic presence.
  • Competitive advantage lies in diversified product portfolio and established distribution network.
  • Exposure to cyclical fertilizer and chemical demand adds volatility to earnings.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between 900–950 ₹, closer to intrinsic value and near support levels.
  • Long-Term Holding: Suitable for cautious long-term investors, but earnings volatility and premium valuation require careful entry.

✅ Positive

  • Diversified business model across fertilizers and chemicals.
  • Low debt-to-equity ratio (0.13), manageable leverage.
  • DII holdings increased (+0.56%), showing domestic institutional support.

⚠️ Limitation

  • Quarterly PAT decline (-83.9%) highlights earnings weakness.
  • P/E ratio significantly above industry average, indicating overvaluation.
  • Stock trading below DMA 50 and DMA 200, showing weak momentum.

📉 Company Negative News

  • Decline in FII holding (-0.63%) indicates reduced foreign investor confidence.
  • Technical indicators (RSI 21.8, MACD -49.8) show oversold bearish sentiment.

📈 Company Positive News

  • DII holdings increased (+0.56%), showing domestic support.
  • Dividend yield of 1.01% provides steady income to shareholders.

🏭 Industry

  • Chemicals and fertilizers industry PE at 17.5, much lower than Deepak Fertilizers’ 38.8, suggesting relative overvaluation.
  • Industry growth supported by government initiatives and rising demand for agri-inputs.

🔎 Conclusion

  • Deepak Fertilizers is a diversified player with low debt but weak earnings performance.
  • Valuation is stretched compared to industry peers, making current levels unattractive for fresh entry.
  • Best suited for long-term investors with cautious entry around 900–950 ₹; accumulation strategy recommended for exposure to cyclical fertilizer and chemical demand.

I can also expand on fertilizer demand cycles and government subsidy trends to show how they could influence Deepak Fertilizers’ earnings trajectory.

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