Deepak Phenolics Limited

The Company’s wholly owned subsidiary, Deepak Phenolics Limited (‘DPL’), is in the business manufacturing of Phenol, Acetone and their downstream products.

During FY 2020-21, the Revenue from Operations of DPL was ₹ 2,563 Crores and Profit After Tax for the period was ₹ 421 Crores.

Deepak Nitrite Corporation Inc. (USA)

Deepak Nitrite Corporation Inc. (“DNC”) is a wholly owned subsidiary incorporated in the United States of America to cater to the marketing requirements of the Company in North and South American region. During FY 2020-21 the total revenue of DNC was USD 21,667 and the Net Income for the period was USD 625.

Deepak Clean Tech Limited

Deepak Clean Tech Limited is a newly incorporated wholly owned subsidiary of the Company and it is yet to commence commercial operations.

In accordance with the provisions of the Act, Regulation 33 of the SEBI Listing Regulations and applicable Accounting Standards, the Audited Consolidated Financial Statements of the Company for FY 2020-21, together with the Auditor’s Report, forms part of this Annual Report. A statement containing the salient features of the Company’s subsidiaries, associate and joint venture company in the prescribed Form No. AOC-1, is attached to the Financial Statements.

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