Deepak Fertilizer CRISIL rating: Gains AA

Deepak Fertilizer CRISIL rating
 Deepak Fertilisers And Petrochemicals Corporation Ltd (DFPCL), a leading company in the Deepak Fertilizer group, has received a boost. CRISIL Ratings assigned it a ‘CRISIL AA-/Stable’ rating. The positive Deepak Fertilizer CRISIL rating also includes the reaffirmation of the ‘CRISIL A1+’ rating for its commercial paper (CP) program. This signals a strong and stable outlook for the company.

DFPCL’s business strength comes from its diverse product range. This includes industrial chemicals (IC), technical ammonium nitrate (TAN), and complex fertilizers. The company leads the market in TAN, a key component for mining and infrastructure. It also dominates in important IC products like nitric acid and isopropyl alcohol (IPA).

A major achievement in fiscal 2024 was the commissioning of DFPCL’s ammonia project. This project improved backward integration. Ammonia is vital for producing IC, fertilizers, and TAN. The move has strengthened DFPCL’s supply chain and increased efficiency, reinforcing its market position.

With a strong Deepak Fertilizer CRISIL rating and these strategic developments, DFPCL is set for continued growth. The company remains a leader in the industrial chemicals and fertilizer sectors.

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