Deepak Fertilizers and Petrochemicals Ltd.
Keynote Capitals Ltd
Quarterly Update Q1FY26
| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01 Aug 2025 | Deepak Fertilisers |
Keynote Capitals Ltd
|
1411.60 | 1887.00 | 1558.50 (-9.43%) | 33.68 |
Buy
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| 08 Aug 2025 | Deepak Fertilisers |
FundsIndia
|
1411.60 | 1751.00 | 1470.30 (-3.99%) | 24.04 |
Buy
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| 07 Nov 2025 | Deepak Fertilisers |
Keynote Capitals Ltd
|
1411.60 | 1744.00 | 1426.40 (-1.04%) | 23.55 |
Buy
|
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| 15 Aug 2025 | Deepak Nitrite |
ICICI Securities Limited
|
1741.00 | 1950.00 | 1856.60 (-6.23%) | 12.00 |
Hold
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| 03 Nov 2025 | Tata Chemicals |
Motilal Oswal
|
832.75 | 900.00 | 875.35 (-4.87%) | 8.08 |
Neutral
|
Unfavorable demand-supply dynamics hurt margins
Motilal Oswal
Tata Chemicals (TTCH)’s 2QFY26 consolidated EBITDA declined 13% YoY, led by subdued performance in America (TCNA)/Africa (TCAHL)/Rallis, with EBITDA down 65%/58%/5% YoY due to a weak demand-supply scenario.
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| 31 Oct 2025 | Navin Fluorine |
ICICI Securities Limited
|
6021.50 | 6480.00 | 5687.40 (5.87%) | 7.61 |
Buy
|
Virtuous cycle – Margin expansion = Higher FCF = Higher reinvestment = Sustaining high growth
ICICI Securities Limited
Navin Fluorine International (NFIL) had a strong Q2FY26 print with surprise on margins; it delivered sustainable EBITDA margin at ~30% (earlier: 25%). Further, NFIL has announced a fresh capex for R32 (adding 15ktpa capacity), and expansion in MPP.
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| 03 Nov 2025 | Navin Fluorine |
ICICI Direct
|
6021.50 | 6370.00 | 5905.50 (1.96%) | 5.79 |
Buy
|
Navin Fluorine
ICICI Direct
Q2FY26 Strong set of numbers; beat across all parameters- Revenues in Q2FY26 stood at 758 crore, up 46% YoY. Segment wise, all three segments reported a strong growth with HPP (Refrigerants +Inorganic Fluoride + HPP, 53% of revenue), up 38% YoY, Speciality Chemical (29% of revenue), up 39% YoY and CRAMS (18% of revenue) witnessing a growth of 97% YoY. EBITDA for the quarter stood at 246 crore, up 129% YoY translating into margins of 32.5%, up ~1200 bps. Relentless expansion based on visibility; Upward margins guidance based...
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| 05 Nov 2025 | Navin Fluorine |
Deven Choksey
|
6021.50 | 6182.00 | 6055.00 (-0.55%) | 2.67 |
Hold
|
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| 15 Aug 2025 | Deepak Nitrite |
Motilal Oswal
|
1741.00 | 1630.00 | 1856.60 (-6.23%) | 6.38 |
Sell
|