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Deepak Nitrite Ltd

₹ 1,5340.73%
04 Dec – close price
🔗godeepak.com•BSE: 506401•NSE: DEEPAKNTR
Market Cap₹ 20,920 Cr.
Current Price₹ 1,534
High / Low₹ 2,770
Stock P/E98.2
Book Value₹ 232
Dividend Yield0.49 %
ROCE10.1 %
ROE8.22 %
Face Value₹ 2.00
Sales₹ 2,434 Cr.
OPM9.27 %
Mar Cap₹ 20,920 Cr.

ABOUT

Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine& Speciality Chemicals, PerformanceProducts, and Phenolics[1]

KEY POINTS

Business SegmentsThe company isone of the fastest growing chemical intermediates company in Indiawith a portfolio of 32+ products and 56+ applications, divided into 2 segments:[1]

Also present in buckets:
Aggressive Growth TriggersAsset Base ExpansionCapacity Expansion And ProductsPreferential Issuance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Pidilite Inds.1484.7067.32151100.000.67584.608.363554.449.8829.8413817.5923.312244.67579.2315.8216.220.05
2.Gujarat Fluoroch3348.5054.0936783.270.09179.0047.931210.001.859.894864.0026.89680.00179.004.835.510.23
3.Navin Fluo.Intl.5765.0066.5129537.850.21148.37152.24758.4246.2611.682790.9627.91444.09148.378.206.270.33
4.Deepak Nitrite1533.8098.1920919.960.49111.65-21.52615.921.8610.082434.269.27213.06111.656.617.150.01
5.BASF India4063.5045.7217589.120.49101.05-21.023904.04-8.0918.0214603.554.17384.69101.054.616.070.04
6.Atul5756.0031.2516946.670.43182.3731.011551.8511.4212.815898.3216.11542.25179.242.867.480.03
7.Vinati Organics1568.8034.9816263.060.48129.0221.59546.27-1.2720.612258.6529.70464.92129.025.4713.640.00
–Median: 90 Co.294.0829.19834.020.337.343.25134.385.6114.03525.3712.9327.097.352.937.570.11

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
685818800708671674671716605552654612616
Expenses
545657654583553562587619530510577553569
Operating Profit
14016014612511811284977542786047
Other Income
71121010891197141108197100
Profit before tax
19215213511518610015785158247041119
Tax %
17%26%26%26%15%26%26%26%10%28%23%26%6%
Net Profit
159113101861577511663142175430112
EPS in Rs
11.628.307.376.2911.545.468.484.6210.431.263.952.228.19

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,2701,3271,3361,2331,4551,7922,2301,8092,5113,0342,7242,5262,434
Expenses
1,1541,1861,1661,0861,2451,4801,4251,2711,8652,4462,2782,2332,209
Operating Profit
116141170146210312805538646588446294226
Other Income
-01-0836-211371101203149134
Interest
28383932424522633454
Depreciation
3036394852537867737687100102
Profit before tax
586891149122212706479642610558338254
Net Profit
38536511183138544355486469433276213
EPS in Rs
3.675.115.608.466.1210.1239.8926.0135.6534.4131.7820.2715.62
Dividend Payout %
27%20%21%14%21%20%11%21%20%22%24%37%–

Compounded Sales Growth

10 Years:7%
5 Years:3%
3 Years:0%
TTM:-9%

Compounded Profit Growth

10 Years:17%
5 Years:-15%
3 Years:-20%
TTM:-37%

Stock Price CAGR

10 Years:37%
5 Years:13%
3 Years:-12%
1 Year:-43%

Return on Equity

10 Years:17%
5 Years:16%
3 Years:13%
Last Year:8%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
10212326272727272727272727
Reserves
2973264537069171,0311,4641,8172,2292,5982,9273,0993,138
Borrowings
50854549557446232821982411325035
Other Liabilities
245234290254397450344324364415385444419
Total Liabilities
1,0611,1261,2611,5591,8021,8352,0542,1772,6443,0503,3723,6203,620
Fixed Assets
461549593568569589720776674728835898934
Gross Block
698.77817.38898.32610.25621.14642.25798.071,031.03995.891,120.411,301.641,459.46–
Accumulated Depreciation
237.49268.66305.1942.2851.9552.8877.94255.12322.09392.08466.35561.50–
CWIP
71381441362990698377126170151
Investments
3171333584555635636899091,0579451,3721,408
Other Assets
5265225205937426546826449781,1881,4661,1791,127
Total Assets
1,0611,1261,2611,5591,8021,8352,0542,1772,6443,0503,3723,6203,620

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-1410519193214277515442228310418254
Cash from Investing Activity
-97-87-162-274-189-78-268-226-159-188-156-333
Cash from Financing Activity
108-22-28178-25-198-248-215-64-113-106-88
Net Cash Flow
-3-41-2-02-1149157-167

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
848681939370607180728289
Inventory Days
60475776859210210610510096121
Days Payable
6348609314012510210880646079
Cash Conversion Cycle
8185787637386170105108118131
Working Capital Days
17-2-23-20-35662759497130112
ROCE %
12%12%14%9%12%19%47%27%31%24%16%10%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
45.71%49.13%49.13%49.13%49.13%49.13%49.24%49.24%49.24%49.28%49.28%49.28%
FIIs
8.72%7.72%8.09%6.47%6.48%6.72%6.86%6.68%6.59%6.64%6.68%6.21%
DIIs
13.75%15.06%15.61%17.96%18.87%19.27%21.20%22.30%23.22%23.22%22.61%22.70%
Public
31.81%28.10%27.16%26.45%25.52%24.87%22.70%21.79%20.94%20.84%21.42%21.82%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Deepak Nitrite: Nitric Acid Plant Commences, DCTL Issues OCRPS

4th December 2025, 6:33 PM

Deepak Nitrite Subsidiary DCTL Allots OCRPS to DPL (BSE:506401)

28th November 2025, 5:33 PM

Deepak Nitrite Q2 FY26: Consolidated Revenue Flat YoY, PAT Drops 39% Amid Global Headwinds; Management Cautiously Optimistic for H2 and Project Pipeline

20th November 2025, 10:46 AM

Deepak Nitrite Uploads Q2 & H1 FY26 Earnings Conference Call Recording

14th November 2025, 8:06 PM

Deepak Nitrite Q2 FY26 Results: Revenue Down 6% YoY, EBITDA Down 30%, but Sequentially Improves; Growth Projects Advance

13th November 2025, 4:05 PM

Published by Other Websites

External media mentions & references

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5th December 2025, 2:21 AM

From HCLTech, Tata Power, HUL to RailTel – Here are 8 stocks to watch

5th December 2025, 1:25 AM

Deepak Nitrite arm begins operations at ₹515-crore nitric acid plant in Gujarat

4th December 2025, 3:14 PM

Why analysts expect pain before gain at chemicals laggard Deepak Nitrite

21st November 2025, 5:53 AM

Sell Deepak Nitrite; target of Rs 1530: Motilal Oswal

19th November 2025, 7:07 AM

News Articles

Editorial & research coverage

From HCLTech, Tata Power, HUL to RailTel – Here are 8 stocks to watch
From HCLTech, Tata Power, HUL to RailTel – Here are 8 stocks to watch

5th December 2025, 1:25 AM

Deepak Nitrite arm begins operations at ₹515-crore nitric acid plant in Gujarat
Deepak Nitrite arm begins operations at ₹515-crore nitric acid plant in Gujarat

4th December 2025, 3:14 PM

Why analysts expect pain before gain at chemicals laggard Deepak Nitrite
Why analysts expect pain before gain at chemicals laggard Deepak Nitrite

21st November 2025, 5:53 AM

Sell Deepak Nitrite; target of Rs 1530: Motilal Oswal
Sell Deepak Nitrite; target of Rs 1530: Motilal Oswal

19th November 2025, 7:07 AM

Shiv Nadar tops Hurun Philanthropy List 2025. Here's who else made the top 10
Shiv Nadar tops Hurun Philanthropy List 2025. Here's who else made the top 10

6th November 2025, 10:14 AM

Documents

Announcements

Disclosure Under Regulation 30 Of SEBI LODR Regulations

8h - Deepak Chem Tech began nitric acid plant operations on 4 Dec 2025; ~Rs.515 Crore capex at Nandesari, Gujarat.

Disclosure Under Regulation 30 Of SEBI LODR Regulations, 2015

28 Nov - DCTL allotted 3.5 million 9% OCRPS (Rs100) to DPL on Nov 28, 2025 for Rs35 crore.

Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Submission Of Audio Recording Of Earnings Con Call

14 Nov - Deepak Nitrite uploaded Q2 and H1 FY2026 earnings call audio on company website, November 14, 2025.

Q2 & H1 Results Presentation

13 Nov - Q2 FY26 revenue ₹1,922cr, EBITDA ₹224cr, PAT ₹119cr; YoY declines, H1 revenue ₹3,836cr

Annual Reports

Financial Year 2025

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Financial Year 2024

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Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

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Financial Year 2012

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Financial Year 2012

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Credit Ratings

Rating update

11 Aug from icra

Rating update

28 Mar from icra

Rating update

11 Mar 2024 from icra

Rating update

2 Jun 2023 from crisil

Rating update

31 Mar 2023 from icra

Rating update

13 Jun 2022 from icra

Concalls

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