Deepak Nitrite

Deepak Nitrite

1,741.00
+18.90
(1.10%)
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Key Fundamentals
Add Ratio
Market Cap
23,746.00 Cr
EPS
51.12
PE Ratio
44.65
Dividend Yield
0.43 %
Industry
Chemicals
52 Week High
2,778.00
52 Week Low
1,701.30
PB Ratio
4.30
Debt to Equity
0.15
Analyst Rating and Forecast
- By Refinitiv from18 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+44.44 %
+44.44 %
Hold
Hold+33.33 %
+33.33 %
Sell
Sell+22.22 %
+22.22 %
Forecast For
Actual

Company News

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neutral
Deepak Nitrite outlined significant capital expenditure guidance with INR 1,500 crores planned for FY26 and INR 3,000-4,000 crores annually over the next three years, including a total polycarbonate project outlay of INR 9,000 crores. Management expressed cautious optimism about H2 FY26 performance improvement compared to Q2, driven by better market sentiment and new investment commissioning, while declining to provide specific revenue and profitability guidance.
negative
Deepak Nitrite posted quarterly results with revenue of ₹1,922 crore and EBITDA of ₹224 crore, showing 6% year-on-year decline but 5% sequential EBITDA growth. The chemical intermediates company faced headwinds from US tariff actions and Chinese competition in Advanced Intermediates segment, while Phenolics business delivered strong performance with 23% sequential EBIT growth.
positive
Deepak Nitrite Limited's Board of Directors approved the extension of Shri Anant Pande's term as Chief Manufacturing Officer for a period from November 23, 2025 to March 31, 2028. The decision was made upon recommendation of the Nomination and Remuneration Committee during a board meeting held on November 12, 2025. Pande, aged 62 years, holds a B.E. (Hons.) in Chemical and M.Sc. (Hons.) in Chemistry from Birla Institute of Technology & Science, Pilani, along with an Executive Diploma in Management. He brings 39 years of experience in life science chemicals and pharmaceutical companies. His previous roles include Chief Executive Officer at Dhampur Sugar Mills Limited and Wholetime Director & Chief of Operations at Jubilant Life Sciences. He has also held leadership positions at Atul Limited, Continental Carbon India Limited, Indo Greefuel Private Limited, and Aditya Birla Group. Pande co-chairs the Manufacturing Excellence Committee of Federation of Indian Chambers of Commerce & Industry (FICCI) and is not related to any Directors or Key Managerial Personnel of the Company.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,459.80
#1 1,48,565.90
66.16
13,387.50
6.91
#1 2,096
8.20
42.53
2,839.10
84,158.00
52.03
14,825.80
12.13
1,251
92.75
34.31
3,556.50
39,068.20
57.44
4,853.20
10.61
546
47.93
44.03
6,021.50
30,833.60
69.52
2,393.10
12.83
289
#1 152.38
76.81
1,741.00
#5 23,746.00
#4 44.65
#4 8,365.80
#8 7.84
#3 697
#10 -38.83
45.11
4,413.20
19,102.80
48.25
#1 15,339.40
10.81
479
-16.18
42.15
5,916.50
17,419.20
#1 30.99
5,692.40
#1 18.99
499
30.75
50.07
1,664.80
17,258.30
39.61
2,292.50
18.24
405
10.06
46.46
393.00
14,249.90
48.93
7,285.40
14.16
331
103.85
57.20
4,515.90
13,845.70
34.10
2,366.70
7.83
411
-7.50
53.90
Growth Rate
Revenue Growth
7.84 %
Net Income Growth
-14.00 %
Cash Flow Change
-28.53 %
ROE
-23.50 %
ROCE
-31.19 %
EBITDA Margin (Avg.)
-9.12 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
465
461
768
1,017
1,063
1,011
1,135
1,058
681
991
1,240
1,469
1,535
1,690
1,748
1,876
2,068
1,974
2,004
1,974
1,800
1,795
2,023
2,225
2,186
2,053
1,924
2,203
1,914
1,922
Expenses
411
397
659
814
797
753
862
794
493
712
900
1,009
1,075
1,295
1,370
1,462
1,702
1,691
1,677
1,613
1,559
1,476
1,705
1,825
1,858
1,735
1,735
1,863
1,700
1,698
EBITDA
54
65
109
202
265
258
273
264
188
280
340
461
460
395
378
414
366
283
328
361
242
319
318
400
328
319
190
339
214
224
Operating Profit %
11 %
14 %
14 %
19 %
24 %
25 %
23 %
25 %
27 %
28 %
27 %
31 %
30 %
23 %
20 %
22 %
17 %
14 %
16 %
18 %
12 %
17 %
15 %
14 %
14 %
15 %
9 %
15 %
10 %
11 %
Depreciation
13
14
23
29
33
35
35
36
31
31
34
57
44
44
46
45
42
42
41
41
38
39
42
47
48
49
48
51
51
53
Interest
12
13
26
33
31
30
27
27
25
20
16
14
11
9
7
7
9
6
6
5
2
3
3
4
6
6
6
9
8
8
Profit Before Tax
29
38
60
141
201
193
211
201
133
229
290
390
405
342
325
362
315
235
281
315
202
277
274
349
275
264
135
279
155
163
Tax
10
14
20
50
70
43
54
29
34
59
74
100
103
87
83
95
81
60
72
81
52
72
72
95
72
70
37
76
43
44
Net Profit
19
24
40
92
132
150
157
172
99
170
217
290
303
254
243
267
235
175
209
234
150
205
202
254
203
194
98
203
112
119
EPS in ₹
1.38
1.74
2.91
6.71
9.65
11.03
11.49
12.63
7.25
12.48
15.88
21.27
22.19
18.65
17.78
19.59
17.20
12.79
15.33
17.15
10.99
15.04
14.81
18.61
14.85
14.24
7.19
14.84
8.23
8.71

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,123
1,294
1,788
2,591
2,928
3,209
3,560
4,431
5,129
6,096
7,718
Fixed Assets
549
598
586
588
1,716
1,832
1,864
1,963
1,942
2,293
2,457
Current Assets
473
581
751
993
1,162
1,156
1,452
2,285
2,739
2,842
3,297
Capital Work in Progress
44
32
349
955
34
172
220
122
301
774
1,649
Investments
0
84
118
32
2
2
189
439
379
122
511
Other Assets
530
581
734
1,017
1,176
1,202
1,287
1,906
2,507
2,908
3,101
Total Liabilities
1,123
1,294
1,788
2,591
2,928
3,209
3,560
4,431
5,129
6,096
7,718
Current Liabilities
484
598
807
1,048
884
749
554
747
794
785
923
Non Current Liabilities
293
223
265
621
973
888
660
345
245
489
1,370
Total Equity
346
473
715
922
1,072
1,572
2,347
3,338
4,090
4,823
5,425
Reserve & Surplus
325
450
689
895
1,044
1,545
2,319
3,311
4,063
4,769
5,361
Share Capital
21
23
26
27
27
27
27
27
27
27
27

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-3
2
1
4
-7
-1
7
14
15
200
-59
Investing Activities
-89
-169
-353
-525
-163
-428
-396
-424
-276
-717
-1,489
Operating Activities
108
167
49
183
60
765
1,002
824
650
874
625
Financing Activities
-22
4
305
345
96
-338
-599
-386
-359
44
806

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
45.69 %
45.69 %
45.69 %
45.69 %
45.72 %
45.72 %
45.72 %
45.72 %
49.13 %
49.13 %
49.13 %
49.13 %
49.13 %
49.24 %
49.24 %
49.24 %
49.28 %
49.28 %
49.28 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.36 %
0.00 %
0.44 %
1.00 %
0.00 %
6.48 %
6.72 %
6.86 %
6.69 %
6.59 %
6.65 %
6.68 %
6.21 %
DIIs
11.53 %
10.29 %
10.44 %
10.70 %
9.97 %
10.63 %
11.55 %
13.76 %
14.53 %
15.62 %
17.03 %
18.87 %
19.27 %
21.21 %
22.29 %
23.22 %
23.22 %
22.62 %
22.70 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
22.31 %
24.55 %
24.87 %
26.69 %
27.78 %
26.89 %
26.43 %
24.60 %
24.53 %
23.56 %
23.01 %
22.12 %
21.49 %
19.61 %
18.61 %
17.93 %
18.11 %
18.84 %
19.09 %
Others
20.47 %
19.47 %
19.00 %
16.91 %
16.54 %
16.77 %
14.94 %
15.92 %
11.36 %
10.69 %
10.83 %
3.40 %
3.38 %
3.09 %
3.17 %
3.01 %
2.74 %
2.58 %
2.72 %
No of Share Holders
0
1,90,915
3,06,098
3,74,962
5,36,074
6,39,690
6,70,102
6,91,728
6,49,046
6,12,869
5,72,562
5,34,115
5,02,250
4,51,198
4,22,398
4,10,749
4,09,970
4,16,258
4,19,367

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 1.2 1.3 2 4.5 5.5 7 7.5 7.5 7.5
Dividend Yield (%) 0.00 0.48 0.47 0.52 0.27 0.25 0.39 0.35 0.38 0.43

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
23 Jul 2021 DIVIDEND Dividend
₹ 1.00 /share
20 Jul 2021 1,863.75 1,929.05
23 Jul 2021 DIVIDEND Dividend
₹ 4.50 /share
20 Jul 2021 1,863.75 1,929.05
27 Jul 2022 DIVIDEND Dividend
₹ 7.00 /share
25 Jul 2022 2,298.30 1,819.30
28 Jul 2023 DIVIDEND Dividend
₹ 7.50 /share
27 Jul 2023 1,958.55 1,977.15
30 Jul 2024 DIVIDEND Dividend
₹ 7.50 /share
29 Jul 2024 2,514.35 2,998.65
06 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
06 Aug 2024 2,773.00 2,953.45
13 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Nov 2024 2,717.10 2,569.60
13 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Feb 2025 2,193.10 2,202.90
28 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 May 2025 1,908.10 2,037.80
04 Aug 2025 DIVIDEND Dividend
₹ 7.50 /share
04 Aug 2025 2,037.80 1,819.80
13 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Aug 2025 1,922.80 1,863.30
14 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
14 Aug 2025 1,936.35 1,873.30
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 1,747.85 1,724.90

Announcements

Submission Of Audio Recording Of Earnings Con Call1 day ago
Q2 & H1 Results Presentation2 days ago
Announcement under Regulation 30 (LODR)-Change in Management3 days ago
Results-Financial Results For September 30 20253 days ago
Report On Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares For The Month Of October 20253 days ago
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 20158 days ago
Schedule Of Q2 And H1 FY 2026 Earnings Conference CallNov 01, 2025
Board Meeting Intimation for Consider And Approve The Standalone And Consolidated Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025.Oct 28, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Oct 17, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Oct 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Press ReleaseOct 06, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Oct 03, 2025
Intimation Under Regulation 30 Of The SEBI (LODR) RegulationsSep 26, 2025
Closure of Trading WindowSep 26, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulation 2015Sep 19, 2025
Report On Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares For The Month Of August 2025Sep 12, 2025
Report On Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares For The Month Of July 2025Sep 05, 2025
Disclosure Under Regulation 30 Of SEBI LODR Regulations 2015Sep 04, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 21, 2025
Disclosure Under Regulation 30 Of SEBI LODRAug 18, 2025
Submission Of Audio/Video Recording Of Earnings Conference CallAug 14, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 14, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 14, 2025
Q1 FY2026 Investor PresentationAug 13, 2025
Results- Unaudited Financial Result For The Quarter Ended 30.06.2025Aug 13, 2025
Announcement under Regulation 30 (LODR)-Credit RatingAug 11, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Aug 07, 2025
Investment In Deepak Chem Tech Limited By Deepak Nitrite LimitedJul 31, 2025
Schedule Of Q1 & FY 2026 Earnings Conference CallJul 25, 2025
Board Meeting Intimation for Consideration Of Un-Audited Financial Results Of The Company For The Quarter Ended 30.06.2025Jul 25, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 23, 2025
Reg. 34 (1) Annual Report.Jul 23, 2025
Corporate Action-Board to consider DividendJul 22, 2025
Disclosure Of Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 11, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 04, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 30, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 28, 2025
Closure of Trading WindowJun 23, 2025
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Jun 06, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 03, 2025
Submission Of Audio Recording Of Earnings Conference Call Of Q4 & FY 2025 Financial ResultsMay 29, 2025
Q4 & FY 2025-Investor CommunicationMay 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 28, 2025
Audited Financial Statements For The Year Ended 31St March 2025May 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 28, 2025
Outcome Of Board Meeting - DividendMay 28, 2025
Board Meeting Outcome for Outcome Of The Board Meeting- Audited Financial ResultsMay 28, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 26, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Sundaram Small Cap Fund Direct-Growth
1.12%
118204
0.52%
0.77%
HDFC Multi Cap Fund Direct - Growth
0.00%
-100000
-0.10%
-0.10%
Mirae Asset Flexi Cap Fund Direct - Growth
0.40%
-69865
-0.46%
-0.47%
ICICI Prudential ESG Exclusionary Strategy Fund Direct - Growth
0.74%
65727
0.74%
0.74%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.16%
51323
0.02%
0.03%
Bandhan Multi Asset Allocation Fund Direct-Growth
0.22%
31100
0.22%
0.22%
ICICI Prudential Conglomerate Fund Direct - Growth
0.60%
29196
0.60%
0.60%
LIC MF Multi Asset Allocation Fund Direct-Growth
0.87%
6893
0.03%
-0.02%
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
0.31%
1117
-0.04%
-0.04%
JioBlackRock Nifty Midcap 150 Index Fund Direct-Growth
0.32%
464
-0.04%
-0.04%
ICICI Prudential Nifty Midcap 150 Index Fund Direct - Growth
0.31%
457
-0.04%
-0.04%
SBI Nifty Midcap 150 Index Fund Direct - Growth
0.31%
-340
-0.04%
-0.05%
Zerodha Nifty Large Midcap 250 Index Fund Direct - Growth
0.16%
263
-0.02%
-0.02%
HDFC NIFTY Midcap 150 Index Fund Direct - Growth
0.31%
196
-0.04%
-0.05%
Motilal Oswal Nifty 500 Index Fund Direct - Growth
0.06%
152
-0.01%
-0.01%
HDFC Nifty LargeMidcap 250 Index Fund Direct-Growth
0.16%
-137
-0.01%
-0.02%
Navi Nifty Midcap 150 Index Fund Direct - Growth
0.31%
119
-0.04%
-0.05%
Nippon India Nifty Midcap 150 Index Fund Direct - Growth
0.32%
-94
-0.03%
-0.04%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.18%
92
-0.02%
-0.01%
SBI Nifty 500 Index Fund Direct-Growth
0.06%
-90
-0.01%
-0.01%
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund Direct - Growth
0.16%
52
-0.02%
-0.02%
Kotak Nifty Midcap 150 Index Fund Direct - Growth
0.31%
32
-0.04%
-0.04%
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth
0.08%
-28
-0.01%
-0.01%
UTI Nifty Midcap 150 Index Fund Direct-Growth
0.32%
28
-0.03%
-0.04%
ICICI Prudential Nifty 500 Index Fund Direct-Growth
0.06%
18
-0.01%
-0.01%

Technical Indicators

RSI(14)
Neutral
45.11
ATR(14)
Volatile
27.96
STOCH(9,6)
Neutral
26.37
STOCH RSI(14)
Neutral
59.44
MACD(12,26)
Bullish
1.02
ADX(14)
Weak Trend
12.86
UO(9)
Bearish
46.59
ROC(12)
Downtrend And Accelerating
-0.61
WillR(14)
Neutral
-54.68

About Deepak Nitrite

Deepak Nitrite Limited is an Indian chemical manufacturing company that produces Advanced Intermediates and Phenolics. The company operates through Strategic Business Units including Basic Chemicals, Fine and Speciality Chemicals, and Performance Products. It has manufacturing facilities in Gujarat, Maharashtra, and Telangana, and exports to over 45 countries. The company's product portfolio includes sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, optical brightening agents, phenol, acetone, and isopropyl alcohol. These products cater to various industries such as colorants, rubber chemicals, explosives, dyes, pharmaceuticals, agrochemicals, and personal care. Deepak Nitrite has expanded its operations through acquisitions, capacity expansions, and the establishment of subsidiaries. The company has also undertaken significant projects, including the commissioning of a phenol and acetone plant through its subsidiary Deepak Phenolics Limited.
Chairperson NameD C Mehta