Deepak Fertilisers Company Profile: Products, Promoter and Clients
Deepak Fertilisers Company Description
One of the top manufacturers of industrial chemicals and fertilisers in India is Deepak Fertilisers and Petrochemicals Corporation. (DFPC). Originally founded in 1979 as a manufacturer of ammonia, DFPC is now a publicly traded, multi-product Indian conglomerate with an annual revenue exceeding one billion USD. Its product portfolio includes bulk and specialty fertilisers, industrial chemicals, farming diagnostics and solutions, technical ammonium nitrate, and value-added real estate, which includes the first and largest revolutionary concept retail destination for home interiors and design in India.
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Q1. What are the Product and service offerings of the company?
DFPC, having an installed capacity of 70,000 MTPA, is the sole maker and supplier of isopropyl alcohol (IPA) in India. Using a very effective and environmentally friendly direct hydration method, DFPC produces IPA that is colourless, highly pure, and free of any unwanted odours or byproducts. For usage in specialised chemicals, medicines, coatings and inks, and cosmetics, the product satisfies international quality requirements. DFPC provides IPA compliant with IP, BP, and Chinese Pharmacopoeia USP, among other strict criteria, for essential applications in the pharmaceutical industry.
Q2. Who are the Promoters/Management of the company?
- Sailesh C. Mehta serves as the Chairman and Managing Director of DFPC, where he has played a crucial role in steering the company's growth and strategic direction. Under his leadership, DFPC transitioned from a commodity-focused entity to a diversified business emphasizing specialty chemicals and value-added products.
- Chimanlal Mehta, the founder of DFPC established in 1979, laid the groundwork for the company's initial growth in the fertilizers and chemicals sectors. His vision continues to shape DFPC's strategic decisions and business philosophy.
- Yeshil Mehta, as the Associate Vice President of Corporate Strategy and part of DFPC's second generation leadership, focuses on leveraging technology to enhance operational efficiencies and drive strategic initiatives. His role includes exploring new business opportunities to further the company's transformation.
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Q3. Who are the Clients of the company?
- Agriculture: DFPC provides fertilizers to farmers and agricultural businesses. Their agricultural products include various types of fertilizers such as nitro phosphate, muriate of potash, and ammonium sulphate.
- Pharmaceuticals: The company supplies chemicals such as isopropyl alcohol, which are used in the pharmaceutical industry for manufacturing drugs and sanitizers.
- Mining and Explosives: DFPC offers technical ammonium nitrate used in the mining industry for explosives.
- Industrial Chemicals: Their chemicals segment supplies ammonia, methanol, and nitric acid to various industrial clients for manufacturing processes.
- Real Estate: Though primarily a chemicals and fertilizers company, DFPC also has a segment that deals with real estate, serving clients involved in construction and property development.
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(By Naman Rathi)