Deepak Fertilisers & Petrochemicals Corp Ltd
NSE: DEEPAKFERT BSE: 500645
₹1136.50
-42.30 (3.59%)
Wed, 28 Oct 2026, 04:34 pm
Market Cap (in Cr)14353.87
PE Ratio14.58
Dividend0.88
Process Industries
Chemicals: Agricultural
24.5KDeepak Fertilisers & Petrochemicals Corp Ltd Company History
1979
- The company was incorporated as a private limited company.
- The company was converted into a public company.
- The company entered into agreements with Fish International Engineers Inc., Haldor Topsoe, and Union Carbide Corporation.
- The company entered into an agreement with Engineers India Ltd. for consultancy services.
1982
- The company issued 1,50,000 - 13.5% preference shares and 1,14,99,990 equity shares.
- The company redeemed its original 9-11% preference shares.
1985
- The company received a letter of intent to manufacture 75,000 tonnes of dilute nitric acid, 33,000 tonnes of concentrated nitric acid, and 36,000 tonnes of low density prilled ammonium nitrate.
1986
- The company received a letter of intent for the manufacture of 2,29,500 TPA of ammonium nitrophosphate (ANP).
- The company undertook an integrated project for the manufacture of nitric acid, ammonium nitrate, methanol, and ANP.
1988
- The company reissued 25-15% preference shares and 3,000 equity shares that were forfeited in the previous year.
1989
- The company's production and sales were affected by a strike.
- The company received a letter of intent for the manufacture of 45,000 TPA of various resins based on methanol.
- The company issued 14% secured convertible debentures.
1990
- The company sold fertilisers under the brand name 'Mahadhan'.
- The company undertook to implement projects for the manufacture of resins and carbon-di-oxide/dry ice.
1991
- The company undertook to implement projects for the manufacture of resins and carbon-di-oxide/dry ice.
- The company's production and sales were affected by a strike.
- The ammonium nitrophosphate plant was proposed to be commissioned.
1992
- The methanol plant was affected due to an explosion.
- The ANP plant was affected due to partial decontrol of fertilisers.
1994
- The company re-activated the carbon-dioxide project.
- The company allotted warrants to the promoter group.
- The company decided to undertake debottlenecking of the ammonia plant.
1996
- The company proposed to debottleneck the ammonia ANP fertiliser plant.
- The company redeemed its preference shares.
2000
- The company set up a new nitric acid plant with an annual capacity of one lakh tonnes at Taloja in Maharashtra.
- The company planned to invest about Rs. 100 crore.
2002
- The company's board approved the buyback of equity shares.
- Mr. A C Mehta was appointed as an additional director on the board.
- The company handed over its price bid to the fertilizer unit of Rourkela Steel Plant.
- Shri D C Mehta was elevated to the position of Vice-Chairman and Shri S C Mehta was appointed as the MD.
2003
- The company closed the buyback of equity shares.
- The company inducted Knight Frank as its real estate consultant.
- The company approved the setting up of a 6MW capacity cogeneration captive power plant.
2004
- The company entered into a license agreement with Aker Kvaerner Inc. for the manufacture of 70,000 MT per annum Isopropyl Alcohol (IPA).
2010
- Shri Pranay Vakil joined the Board of Directors of the company.
2011
- The company was awarded for 'Excellence in Fertiliser Extension Services'.
- The company was ranked amongst the top 500 companies by Fortune (India).
- The company acquired a 49% equity stake in Desai Fruits And Vegetables Pvt. Ltd.
2012
- The company recommended a dividend of 55% per share.
- The company planned to invest Rs. 415 crore in expansion activities.
2013
- The company recommended a dividend of 55% per share.
- The company acquired 24.46% of the share capital of Mangalore Chemicals & Fertilisers Limited.
- The company participated in a bidding process for a phosphate project in Togo, West Africa.
2014
- The company recommended a dividend of 65% per share.
- The company formed a joint venture in Australia.
2015
- The company resumed production of ANP fertilizer.
- The company entered into a shareholders agreement with Unity Infraprojects Limited.
- The company received a favourable verdict from the Hon'ble High Court of Delhi in the gas discontinuation matter.
2016
- The company planned to deploy a state-of-the-art manufacturing facility with an investment of Rs. 550 crores.
2017
- The company planned to set up a brownfield isopropyl alcohol plant with high purity diisopropyl ether as co-product at its existing Taloja facility.
- Smartchem Technologies, a wholly owned subsidiary, decided to acquire a majority stake in Performance Chemiserve Private Limited.
2018
- Deepak Fertilizers And Petrochemicals Corporation Limited received an environment clearance for the expansion of its fertiliser facilities in Raigad district of Maharashtra.
- The company received a favourable award and order from the Honorable Delhi High Court against GAIL.
2020
- The company announced its foray into the hand sanitiser segment under the brand name 'Cororid'.
- The Board approved the issue price and rights entitlement ratio for the equity shares.
2022
- Smartchem Technologies Limited planned to invest Rs. 2,200 crore in its global scale technical ammonium nitrate plant in Gopalpur, Odisha.
2023
- The company signed a supply proposal for the purchase of natural gas from Gujarat State Petroleum Corporation Ltd. for a period of three years.
