Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) is a leading Indian manufacturer of fertilizers, industrial chemicals, and agri-nutrients. With a strong presence in specialty fertilizers like NP 24:24:0 and ammonium nitrate, the company serves both agricultural and industrial sectors. Despite modest sales growth, Deepak Fertilisers reported strong profit growth in FY2025 due to improved margins and operational efficiency. This article provides a fact-based outlook on its share price target for each year from 2026 through 2030.
Targets assume a gradual recovery in fertilizer demand, stable chemical pricing, and continued real estate monetization.
Deepak Fertilisers Share Price Target 2026
Year
Share Price Target 1
Share Price Target 2
2026
₹1,150
₹1,350
High P/E (42x) reflects optimism around margin expansion
Profit surge unlikely to repeat without sales growth revival
Risk: Low cash reserves (₹115 Cr) and rising input costs may pressure working capital
Deepak Fertilisers Share Price Target 2027
Year
Share Price Target 1
Share Price Target 2
2027
₹1,250
₹1,500
Potential upside from land monetization in Pune (high-value asset)
Government’s push for balanced fertilizer use may boost NP 24:24:0 demand
ROCE of 15% supports moderate re-rating if sales pick up
Deepak Fertilisers Share Price Target 2028
Year
Share Price Target 1
Share Price Target 2
2028
₹1,350
₹1,700
By 2028, the cumulative effect of real estate sales and chemical exports could improve cash flow
Diversification into mining chemicals offers pricing power
Valuation may stabilize if P/E moderates toward 30–35x
Deepak Fertilisers Share Price Target 2029
Year
Share Price Target 1
Share Price Target 2
2029
₹1,450
₹1,900
Long-term tailwinds from India’s food security and soil health missions
Execution risk: Competition in fertilizers and volatile raw material prices
Debt level (₹390 Cr) is manageable, but limits aggressive capex
Deepak Fertilisers Share Price Target 2030
Year
Share Price Target 1
Share Price Target 2
2030
₹1,550
₹2,200
If real estate monetization accelerates and chemical exports grow, ₹2,000+ is achievable
However, low sales CAGR (~1.5%) caps explosive upside
₹2,200 represents a premium scenario requiring consistent 15%+ earnings growth
Deepak Fertilisers: Shareholding Pattern
Category
Holding (%)
Promoters
45.63%
Public (Retail)
30.89%
Domestic Institutions (DII)
13.17%
Foreign Institutions (FII)
10.31%
Others
0%
Promoter stake is stable with no pledged shares, indicating long-term commitment.
Deepak Fertilisers: Strengths vs Risks
Strengths
Market leadership in niche fertilizers and ammonium nitrate
Consistent dividend payer (yield: 0.93%; payout ratio ~35–40%)
Strong brand and distribution across rural and industrial segments
Asset-rich balance sheet with valuable land holdings
Risks
Very low sales growth (1.46% TTM)—a major red flag for scalability
High valuation: P/E of 42x is rich for a near-flat revenue business
Working capital pressure: Cash reserves (₹115 Cr) are low relative to debt (₹390 Cr)
Policy risk: Fertilizer subsidies and MSP changes can impact margins
Investment Suitability
Factor
Assessment
Risk Profile
Moderate to High
Time Horizon
Long-term (5+ years)
Volatility
Moderate
Dividend/Income
Low but consistent (0.93% yield)
Ideal Investor
Value-oriented investor comfortable with cyclical agri-chem stocks and real estate upside
FAQs
A realistic range is ₹1,150 to ₹1,350, assuming no major sales recovery but sustained margins.
Credible estimates suggest ₹1,550 to ₹2,200 by 2030, contingent on real estate monetization and export growth.
Reliable forecasts beyond 2030 are not possible. Such long-term projections are speculative and not based on verifiable data.
Promoters hold 45.63%. The company was founded in 1979 and is professionally managed with promoter oversight.
Yes. It has a consistent dividend history with a current yield of 0.93%.
The stock corrected due to disappointing sales growth (1.46%), high valuation concerns, and uncertainty around real estate monetization timelines.
No. It carries ₹389.59 crore in debt, though this is manageable given its EBITDA and asset base.
Final Verdict
Deepak Fertilizers is a niche player with strong positions in specialty fertilizers and industrial chemicals, backed by valuable land assets. However, its near-zero sales growth raises questions about long-term scalability. While the 31% profit jump is encouraging, it’s largely cost-driven. Our 2026–2030 price targets (₹1,150–₹2,200) reflect cautious optimism—rewarding asset value and dividends but capping upside due to stagnant top-line growth. Suitable for investors seeking exposure to India’s agri-input sector with a contrarian view on real estate unlock.
Disclaimer: This article is for educational purposes only. It is not investment advice. Please consult a SEBI-registered advisor before making any investment decision.
Hi, I’m Raj Mittal, a stock market content writer focused on company analysis, share price trends, and fundamental research. I create simple, research-based insights to help investors make smarter market decisions.
