About Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL)

Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) is one of India’s leading producers of Industrial Chemicals, Crop Nutrition and Mining Chemicals, with a legacy spanning over four decades and a sharpened focus on specialty-led, solutions-oriented offerings . The Company’s portfolio includes nitric acids, Iso Propyl Alcohol, ammonia, Technical Ammonium Nitrate (TAN), and a wide range of fertilisers under a solutions approach for agriculture and horticulture . Its manufacturing footprint covers Taloja (Maharashtra), Dahej (Gujarat), Srikakulam (Andhra Pradesh) and Panipat (Haryana), with a new world-class facility under development at Gopalpur, Odisha . DFPCL has restructured its businesses into distinct legal entities to enhance agility and customer focus: Industrial/Pharma Chemicals and Value Added Real Estate under DFPCL, Mining Chemicals under Deepak Mining Solutions Limited (DMSL), and the Crop Nutrition Business under Mahadhan Agritech Limited (MAL).

The Company is strengthening backward integration across its value chain—from LNG to Ammonia to Nitric Acid to finished products—supported by a fifteen-year LNG contract with Equinor of Norway . Its international presence includes Australia through step-down subsidiaries, reinforcing a growing global footprint . As of March 31, 2025, DFPCL has 9 subsidiaries; the Company also consolidates a jointly controlled entity, Yerrowda Investments Limited, for realty activities . Key milestones include the completion of business restructuring, operating the 1,500 MTPD Ammonia plant at Taloja at design capacity in FY 2024-25, and DMSL’s resumption of exports following the revocation of the export ban by the Government of India.

Deepak Fertilisers And Petrochemicals Corporation Limited Key Management

• S. C. Mehta, Chairman & Managing Director

• Subhash Anand, President & Chief Financial Officer

• Rabindra Purohit, VP – Legal, Compliance & Company Secretary

• Tarun Sinha, President – Technical Ammonium Nitrate

• Raghunath Kelkar, President – Industrial Chemicals

• Prikshit Agrawal, President – Strategy

• Arun Vijayakumar, President – Projects

• Naresh Kumar Pinisetti, President – Corporate Governance

Latest Updates on Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL)

• Brownfield nitric acid expansion at Dahej: capacity addition of 300 KTPA Weak Nitric Acid and 150 KTPA Concentrated Nitric Acid; project 57% complete as of Q1 FY 2025-26, with commissioning expected in Q4 FY 2025-26; best-in-class Casale SA and KBR (Plinke MAGNAC) technologies and ZLD implementation planned.

• Greenfield TAN plant at Gopalpur, Odisha: WNA 900 MTPD and TAN 1,143 MTPD, targeted commissioning in Q4 FY 2025-26; total planned investment of Rs 2,223 crore; port-proximate location designed to serve domestic and export markets; expected to generate over 200 jobs, with 60% from Odisha.

• Competitive: Upon commissioning of Dahej and Gopalpur projects, DFPCL is set to become Asia’s largest Nitric Acid manufacturer, improving competitiveness for both merchant and captive demand.

• Strategic integration: a fifteen-year LNG contract with Equinor of Norway underpins backward integration across the chain from LNG to finished products.

• Organisational restructuring: three core businesses carved into independent legal entities—DMSL, MAL and DFPCL—enabling sharper focus and faster decision-making.

• Leadership changes: Subhash Anand appointed as CFO from December 1, 2024; Rabindra Purohit appointed as Company Secretary from February 1, 2025.

• Exports: DMSL resumed exports after the Government of India lifted the export ban, and recorded its highest-ever TAN sales volume in FY 2024-25 .