Conference Call with Deepak Nitrite Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Commodity Chemicals company Deepak Nitrite announced Q3FY26 results Total Income: Rs 1,983 crore against Rs 1,924 crore during Q3FY25, change 3%. EBITDA: Rs 219 crore against Rs 190 crore during Q3FY25, change 15%. EBITDA Margin: 11% for Q3FY26. PBT: Rs 138 crore against Rs 135 crore during Q3FY25, change 2%. PAT: Rs 100 crore against Rs 98 crore during Q3FY25, change 2%. PAT Margin: 5% for Q3FY26. EPS: Rs 7.32 for Q3FY26. Deepak C. Mehta, Chairman & Managing Director, said: “The chemical industry continues to experience significant pricing pressures driven by persistent oversupply and heightened competitive intensity, particularly from Chinese producers. Despite these external challenges, our diversified portfolio, operational discipline, and strong customer relationships hold us in good stead. In Deepak Chem Tech Limited (DCTL), we have completed our vertical integration across the ammonia-nitration-amines chain establishing Deepak Group as a premier global player. This strategic move unlocks a wider product range, secures our operations against market volatility, and delivers superior margins and cost efficiency across our key intermediates. In parallel, we have been taking decisive and tangible steps across the Phenol-to-Polycarbonate value chain, marking significant progress in our state of preparedness for this next phase of growth. We are systematically building an integrated ecosystem spanning through raw material security to final Polycarbonate product, supported by strategic tie-ups with key vendors and suppliers. Necessary financial arrangements and funding tie-ups have been put in place to underpin these initiatives, ensuring readiness from both - capital and balance-sheet perspective. Concurrently, engineering activities are underway, with technology sourcing and engagement with global licensors progressing as planned. Collectively, these actions represent a giant leap in our execution preparedness and reinforce our commitment to creating a fully integrated, high-value specialty materials platform. During the third quarter, Deepak Group once again demonstrated resilience and adaptability in the face of a demanding global environment. Our core businesses remained operationally resilient during the quarter. The Phenolics segment benefited from consistent plant operations and improved volumes, reflecting the advantages of integration and our continued emphasis on efficiency. While pricing conditions across markets remained soft, the business sustained its momentum through prudent cost management and a balanced market approach. Our commitment to disciplined growth, operational excellence, and long-term value creation for stakeholders remains unwavering. Recent developments in key export markets warrant cautious optimism, particularly for volume growth. In response, we remain firmly focused on innovation, new product development, and geographic diversification, across multiple chemistries. While the Group continues to work on different value chains, it has committed to establish integration across chains. This increases overall margins, resilience in challenging times, also reduces carbon footprint. Deepak will continue to look at this across present and future investment plans. Three mantras would be our guiding principles creating different value chains with high degree of integration. World’s best quality. World’s best capacity. Complete integration across value chain. Current market condition of all petrochemical products globally are undergoing severe pressure, however, our integration would help us to be resilient and be ready to take benefits during cyclical turnarounds.” Result PDF