Building Trust and Creating Values since last 50 years

Deepak is one of India’s leading and fastest-growing chemical intermediates manufacturing companies. We are a preferred partner for companies across 30 countries in 6 continents, who trust us for our quality, supply reliability, environmentally sustainable operations

Catch a 5 minutes glimpse of how we deliver excellence at every step of our corporate journey.

Deepak Mehta

Consistency is an invaluable resource in unpredictable economic environment. Our ability to foresee shifts and respond to them with agility ensures our consistency and distinguishes us as a great organisation.

Deepak C Mehta

Chairman and Managing Director

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Our Vision


To become the FASTEST GROWING Indian chemical intermediates company

Some of our Prestigious Accreditations

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In our 50 years of operations, we have created a robust organisation that delivers consistent value to our stakeholders. FY2021 was an year unlike any other, for the world and for humanity. Despite the odds, we continued to deliver. No wonder then, that our stakeholders depend on us for their success.

Our Response to COVID-19

6000 +
No. of COVID related tests conducted
ICU + Oxygen Beds COVID hospital set up for local communities
25 Nm3/hr
Of Oxygen generated from 2 PSA plants
100 %
customer orders fulfilled even during a challenging operating environment

Our Differentiators

Our products find application in downstream manufacturing for multiple sectors and play a crucial role in driving the nation’s development and in meeting its needs.

Today, we are among India's most trusted Chemical Intermediates companies, at the forefront of putting India on the global map of chemical manufacturing. With a global footprint in across +30 countries, spanning every inhabited continent, our +100 products cater to a host of industries, with applications covering every walk of life.

Sanjay Upadhyay

The Company enjoys a stable position on the balance sheet front. It has steadily reduced debt in recent quarters and has emerged stronger through the pandemic on the back of the improved financial position over the last 12 months

Sanjay B Upadhyay

Director – Finance and CFO

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Growth in Consolidated PAT in FY20


Growth in consolidated PAT in FY21


Growth in consolidated EBITDA in FY20


Growth in consolidated EBITDA in FY21


In FY 20 consolidated – Net Debt : Equity


Lower Net Debt : Equity in FY21


Growth in Market Capitalisation in FY20


Growth in market capitalisation in FY21

Nandesari Gujarat
Dahej Gujarat
DPL Dahej Gujarat
Roha Maharastra
Taloja Maharastra
Hyderabad Telangana

Our Extensive Network:
We have extensive supply chain arrangement including structured warehousing and distribution system which enables timely delivery right at customer’s site.

Maulik D Mehta

Looking forward, we would continue adhering to the three P’s of sustainable growth – People, Planet, and Profit in that order – as we maintain focus on value creation for all stakeholders.

Maulik D Mehta

Executive Director and CEO

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An aerial view of our Deepak Phenolics unit in Gujarat, a state-of-the-art manufacturing facility with the lowest thermal footprint by a plant of its size; Deepak Phenolics produces Phenol, Acetone, Cumene and Isopropyl Alcohol (IPA)

Material matters are those which impact, or could impact, our ability to create value over the short, medium and long term as we pursue our ambition to build a sustainable future. These material issues have been arrived at basis our regular stakeholder engagements, our risk management process and market monitoring. We continuously manage these issues to achieve our objectives.

High critical areas

  1. Sustainable chemistry
  2. Product innovation
  3. Health and safety
  4. Climate change
  5. Growth and profitability

Medium critical areas

  1. Customer relationships
  2. Governance and risk management
  3. People strength and development
  4. Fair remuneration and growth opportunities for employees
  5. Digitalisation
  6. Supply chain efficiency and logistics management
  7. Community development

As a leading chemical intermediates manufacturing company, we are aware of our obligations to uphold sound and long-term relationships with our wide and varied stakeholders. To understand our stakeholders’ needs, a review was conducted during the year. While this was not an exhaustive engagement, it has still given us greater insights into their material issues and concerns, which we stand committed to address.

Risk Management

Know more about how we manage risk

Building Trust

Know more about how we are building trust and delivering value

Our Capitals

Financial Capital

Key Highlights

  • In FY 2020-21, the Company undertook brownfield expansions across BUs
  • Commissioned Pharma grade IPA of 30k MTPA plant in April 2020; 100% utilization by May 2020; capacity to be doubled by H1 2021
  • Phenol capacity utilisation of 115% resulted in higher revenue and EBITDA margins
  • Achieved debt-free status, on a standalone basis, during this fiscal; on consolidated basis debt -to-equity reduced from 0.68x to 0.15x
  • Robust liquidity position with cash and liquid investments exceeding ₹ 220 Crores on a consolidated basis as of March 31, 2021

Social Capital

Stakeholders' Value Addition

  • Adhering to the IS standard globally; Certified by BIS/REACH registered
  • Long-term contracts with key customers and adhering to agreed contracts
  • Ensuring timely and best quality of products as per customer needs on a consistent basis
  • Customised packaging in bags/drum/ ISO tanks/Bulk vessel/tankers (tailormade packing as per customer requirements)
  • Drumming facility at various locations; Products are sent to B2B customers across diverse sectors through sea, rail, and road routes

Natural Capital

Proactive Management of Natural Capital

  • 21,000 sq. mts of green belt created to balance Deepak Nitrite’s manufacturing activities at Dahej
  • Water Conservation: 2,00,826 KL of water reused and recycled – equivalent to daily water requirement for approx. 2 lakh households; Purchased ₹ 40.65 Lakhs of Renewable Energy Certificates (861 non-solar and 3,204 solar)
  • Boiler replacements across operations to lower air emission; ~50,000 trees planted; Undertook tree plantation around the village of Nandesari GIDC and in Hyderabad
  • Installed continuous monitoring system to help controlling emissions and secondary pollutants such as PAN (Peroxyacetyl nitrate)
  • Installation of electrostatic precipitator, bag filter and scrubber system in the boilers to reduce emissions
  • Continuous improvement of manufacturing processes; replacing old equipment with efficient ones to reduce energy

Human Capital

Leadership, Empathy & EHS

  • 11% of our managerial-level employees experienced diverse internal mobility opportunities; FY 2021-22 target is 15%
  • e-Learning programmes were made available on an in-house mobile app, thus facilitating learning anytime, anywhere
  • For FY 2020-21, achieved Gallup Q12 Survey average engagement score of 4.09 out of 5
  • Much emphasis is put on the acclimatisation of new joinees through role-based job description, buddy programme, introduction to organisational
    framework, functional induction, and periodic learning
  • Mapped critical positions across businesses, identified potential successors and gearing them for key roles through Individual Development Plan (IDP)
  • Health, Safety and Environment (HSE) review by Central Safety Committee; Occupational Health Centres (OHCs) to address health-related hazards and compliances and for carrying out various medical check-ups
  • In response to pandemic we ensured regular sanitisation and adequate physical distancing; introduced measures to periodically test employees and regulated entry through the Aarogya Setu App, oximeter and thermal screening

Intellectual Capital

Responsible Chemistry + Emerging Tech

  • Centralised research facility at Nandesari, Gujarat is equipped with the latest instruments and equipment; A team of 70+ qualified and dedicated research scientists are driving innovation at the facility
  • In FY 2020-21, we set-up a new digitally-enabled analytical /process engineering laboratory (mini-plant) aligned to our business requirements
  • Process intensification, reaction engineering, separation science, continuous mode unit operations including purifications for value-added innovation
  • Investments of approx ₹ 300 Cr into products that utilise our core platforms for new agrochemical and pharmaceutical intermediates
  • New technology platforms for fluorination and photochlorination have been established
  • Automation to drive operational efficiency. Electronic Lab Notebook software (ELN) developed in-house for recording experimental data; AI/ML tools to leverage the power of data science and gain valuable insights from our internal database

Manufacturing Capital

Operational Highlights for FY2021

  • Six integrated production sites over Gujarat, Telangana and Maharashtra, with ISO 9001 (quality), ISO 14001 (environmental) and ISO 45000 (health and safety) standards
  • Digitalised and updated all major processes (100% usage of HSE software for Incident Investigation) and conducted HAZOP (Hazard and Operability) study for all major products
  • Improvement in near-miss reporting, incident investigation and training on new incident investigation process
  • Committed around 300 Cr towards new products in the immediate future at newly acquired land at Dahej
  • Approx.
  • ₹ 100 Cr committed in brownfield expansions of existing products; Doubling IPA capacity at Dahej (DPL) plant
  • PPE at 1,824.83 Cr; Six manufacturing facilities; Assets under construction is ₹ 206.76 Cr
  • Cost optimisation through backward integration and recycling as well as maximising asset utilisation for enhancing
Meghav D Mehta

We have great conviction that serving our nation’s needs is the right path forward. With our Values to guide us, we intend to double down on our efforts and grow with the intention to serve.

Meghav D Mehta

Executive Director, DPL

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