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Deepak Nitrite Limited DEEPAKNTR NIFTY_SMALLNSEINFRA

Basic Materials · Chemicals · India
https://www.godeepak.com

Deepak Nitrite Limited manufactures, trades and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments. The company offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brightening agent, DASDA, and benzotrifluoride for colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, and textiles industries. It provides cumene, phenol, acetone, isopropyl alcohol, and alpha methyl styrene for various applications including laminate and plywood, automotive, construction, pharmaceuticals, adhesives, sanitisers, rubber, chemicals, paints, etc. In addition, the company offers 2 MePPDA, 2,3-xylidine, 2,4-xylidine, 2,6-xylidine, 2-ethylhexyl nitrate, 3-NOX, 4-NOX; 2B, 4BBT, ABP, ABP X, and BMK deepwhite powders; 2BL, ABP, AS, BA, BHT HC, DSP, MST, SPF Z, SI, UBR, UP, and XBE deepwhite liquids; 4BB conc, 4BB conc T, DMA-X, DMA-X conc, and UFD slurry deepwhite products; IPA, MAHCL, mHBTF, MMDPA, MNT(3- nitrotoluene), MT(m-toluidine), ONT(2- nitrotoluene), OT(o-toluidine), PNT(4- nitrotoluene), and PT(p-toluidine); B+ (brown colour), FX (yellow colour), and GLP (yellow colour) protecto products; nitric acid, ortho and para cumidines; and TFMAP, as well as project engineering, procurement, construction, commissioning, management, and consultancy services. The company was incorporated in 1970 and is headquartered in Vadodara, India.

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₹1,682.00
-19.59% 1Y

Market & Price

Market Cap
₹22,941.31 Cr
Current Price
₹1,682.00
High / Low (52W)
₹2,091.74 / ₹1,286.80
Beta
0.43

Valuation

Stock P/E
41.66
Industry PE
23.81
Forward P/E
27.60
PEG Ratio
-
Book Value
₹427.63
Price to Book
3.93
P/S
2.91
EV/EBITDA
24.64
Dividend Yield
0.45%

Profitability & Returns

ROCE
10.85%
ROE
9.75%
ROA
5.76%
Profit Margin
6.98%
Op Margin
14.78%
EPS (Latest Qtr)
₹16.11
EPS (TTM)
₹40.37

Balance Sheet & Liquidity

Debt/Equity
0.28
Quick Ratio
1.54
Current Ratio
2.40
Debt
₹1,637.72 Cr
Total Assets
₹8,680.68 Cr
Current Assets
₹3,069.38 Cr
Working Capital
₹1,790.64 Cr

Ownership

Promoter Holding
49.81%
Chg in Prom Hold
-
FII / Inst Holding
24.78%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
₹24,164.26 Cr
Total Revenue (TTM)
₹7,887.07 Cr
EBITDA
₹980.72 Cr
Free Cash Flow
₹-643.87 Cr
Operating Cash Flow
₹538.95 Cr
Shares Outstanding
₹13.64 Cr
Gross Margin
24.05%
Payout Ratio
18.58%

Growth (CAGR)

Revenue 5Y
0.02%
Profit 5Y
-13.55%
Revenue (YoY)
-2.70%
Earnings (YoY)
8.50%

PROS

No notable strengths flagged.

CONS

  • Earnings shrank at -13.5% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DEEPAKNTR Deepak Nitrite Limited NIFTY_SMALLNSEINFRA 1,682.00 41.66 ₹22,941.31 Cr 0.45% 10.85% 9.75% 0.02% -13.55%
2 ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA 11,482.00 41.32 ₹3.38 L Cr 0.67% 11.90% 10.59% 12.40% 17.26%
3 JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA 1,278.00 14.01 ₹3.12 L Cr 0.56% 19.15% 27.26% 3.61% 75.28%
4 HINDZINC Hindustan Zinc Limited NSEINFRA 632.95 19.34 ₹2.67 L Cr 3.32% 62.35% 76.94% 5.61% 9.58%
5 TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA 208.02 28.34 ₹2.59 L Cr 1.92% 11.32% 11.16% -1.59% 7.21%
6 HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA 1,126.70 18.73 ₹2.52 L Cr 0.44% 9.50% 10.29% 7.40% 9.87%
7 GRASIM Grasim Industries Limited NIFTY50NSEINFRA 3,122.40 42.74 ₹2.12 L Cr 0.32% 4.00% 6.29% 14.63% -10.06%
8 SOLARINDS Solar Industries India Limited NSEINFRA 18,247.00 98.04 ₹1.65 L Cr 0.06% 29.51% 31.33% 13.27% 30.36%
9 PIDILITIND Pidilite Industries Limited NSEINFRA 1,482.80 61.73 ₹1.51 L Cr 0.67% 28.48% 23.52% 7.50% 24.36%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --2,179.69 Cr1,889.88 Cr1,901.89 Cr1,974.97 Cr2,120.33 Cr
Cost of Revenue --1,626.81 Cr1,474.37 Cr1,377.36 Cr1,425.20 Cr1,500.03 Cr
Gross Profit --552.88 Cr415.51 Cr524.53 Cr549.77 Cr620.30 Cr
Operating Expenses --287.62 Cr277.20 Cr373.51 Cr396.42 Cr306.90 Cr
Operating Income --265.26 Cr138.31 Cr151.02 Cr153.35 Cr313.40 Cr
EBITDA --339.30 Cr214.12 Cr224.22 Cr206.56 Cr382.85 Cr
Interest Expense --9.34 Cr8.13 Cr7.94 Cr11.04 Cr18.91 Cr
Pretax Income --278.71 Cr154.74 Cr163.03 Cr137.97 Cr301.35 Cr
Tax Provision --76.21 Cr42.49 Cr44.28 Cr38.15 Cr81.52 Cr
Net Income --202.41 Cr112.20 Cr118.71 Cr99.79 Cr219.74 Cr
Diluted EPS --14.848.238.707.3216.11

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -7,882.58 Cr7,609.92 Cr8,281.93 Cr7,887.07 Cr
Cost of Revenue -5,928.43 Cr5,730.51 Cr6,251.41 Cr5,990.08 Cr
Gross Profit -1,954.15 Cr1,879.41 Cr2,030.52 Cr1,896.99 Cr
Operating Expenses -824.05 Cr889.14 Cr1,134.13 Cr1,140.91 Cr
Operating Income -1,130.10 Cr990.27 Cr896.39 Cr756.08 Cr
EBITDA -1,336.96 Cr1,279.21 Cr1,175.62 Cr1,027.75 Cr
Interest Expense -24.78 Cr11.83 Cr27.50 Cr46.02 Cr
Pretax Income -1,145.88 Cr1,101.72 Cr952.75 Cr757.09 Cr
Tax Provision -293.88 Cr290.83 Cr255.38 Cr206.43 Cr
Net Income -852.00 Cr810.89 Cr697.24 Cr550.53 Cr
Diluted EPS 78.2062.4659.4551.12-

Compounded Sales Growth

5 Years:0.02%
1 Year:-2.70%

Compounded Profit Growth

5 Years:-13.55%
1 Year:8.50%

Stock Price Performance

1 Year:-19.59%
6 Months:+3.49%
3 Months:+4.05%
1 Month:-2.44%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -5,128.74 Cr6,096.22 Cr7,717.67 Cr8,680.68 Cr
Current Assets -2,739.07 Cr2,841.60 Cr3,297.11 Cr3,069.38 Cr
Cash & Equivalents -37.64 Cr237.97 Cr179.41 Cr243.14 Cr
Inventory -893.07 Cr759.91 Cr926.39 Cr862.30 Cr
Receivables -1,309.52 Cr1,298.35 Cr1,273.81 Cr1,505.56 Cr
Total Liabilities -1,038.78 Cr1,273.54 Cr2,293.01 Cr2,811.40 Cr
Current Liabilities -793.76 Cr785.06 Cr922.76 Cr1,278.74 Cr
Long Term Debt -43.02 Cr216.95 Cr1,025.71 Cr1,134.83 Cr
Total Debt -72.86 Cr286.08 Cr1,267.01 Cr1,637.72 Cr
Total Equity -4,089.96 Cr4,796.62 Cr5,388.67 Cr5,836.83 Cr
Shares Outstanding -13.64 Cr13.64 Cr13.64 Cr13.64 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -649.92 Cr874.06 Cr624.70 Cr538.95 Cr
Investing Cash Flow --276.05 Cr-717.84 Cr-1,491.33 Cr-668.65 Cr
Financing Cash Flow --359.08 Cr43.53 Cr806.16 Cr193.35 Cr
Capital Expenditure --360.85 Cr-767.71 Cr-1,136.30 Cr-1,198.38 Cr
Free Cash Flow -289.07 Cr106.35 Cr-511.60 Cr-659.43 Cr
Net Change in Cash -14.79 Cr199.75 Cr-60.47 Cr63.65 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -24.8%24.7%24.5%24.1%
Operating Margin % -14.3%13.0%10.8%9.6%
Net Margin % -10.8%10.7%8.4%7.0%
ROE % -20.8%16.9%12.9%9.4%
ROCE % -26.1%18.6%13.2%10.2%

Shareholding Pattern

Insiders
49.81%
Institutions
24.78%
Public Float
49.36%

Analyst View

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