Deepak Nitrite
1,810.50
-46.10(-2.48%)
Market Cap₹25,322.70 Cr
PE Ratio41.70
IndustryChemicals
Company Performance:
1D-2.48%
1M-7.10%
6M-4.67%
1Y-37.01%
5Y+199.63%
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More news about Deepak Nitrite
06Jun 25
Deepak Nitrite Subsidiary Issues ₹176 Crore Preference Shares to Deepak Phenolics
A subsidiary of Deepak Nitrite Limited has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹176.00 crore to Deepak Phenolics Limited. This internal funding arrangement within the Deepak Nitrite group involves a unique financial instrument combining features of debt and equity, potentially aimed at optimizing the group's capital structure or supporting growth initiatives.
29May 25
Deepak Nitrite Reports Mixed Q4 FY2025 Results: Revenue Up, Profit Down
Deepak Nitrite Ltd announced its Q4 FY2025 financial results, showing a 2.5% YoY revenue increase to Rs 2,179.69 crore and a 5% EBITDA growth to Rs 316.51 crore. However, net profit declined by 20% to Rs 202.41 crore. Despite the profit drop, the company's share price gained 4.74% post-announcement, suggesting investor focus on revenue and EBITDA growth.
28May 25
Deepak Nitrite Reports 20% Drop in Q4 Profit, Announces Dividend
Deepak Nitrite's Q4 results show a 20.3% year-on-year decrease in consolidated net profit to ₹202.40 crore, while revenue increased by 2.4% to ₹2,179.70 crore. EBITDA rose 5% to ₹316.50 crore, with the EBITDA margin improving to 14.52%. The board recommended a final dividend of ₹7.50 per equity share.
21Apr 25
Deepak Nitrite Poised to Benefit from Extended Ammonium Nitrate Manufacturing Licenses
The Indian government has amended rules for ammonium nitrate manufacturing, extending license validity from 5 to 10 years. This change could positively impact Deepak Nitrite Ltd, allowing for long-term planning, reduced administrative burden, increased operational stability, and potentially enhanced investor confidence. The amendment applies to all companies in the sector, potentially leading to a more stable and competitive industry landscape.
17Apr 25
Deepak Nitrite's Subsidiary Strengthens Capital Base with ₹163 Crore OCRPS Issuance
Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹163 crore to another subsidiary, Deepak Phenolics Limited. The transaction involves 1,63,00,000 9% OCRPS with a face value of ₹100 each. This move aims to strengthen DCTL's capital base and support its ongoing projects in Gujarat. DCTL's paid-up capital before the allotment was ₹923 crore, comprising ₹499.50 crore in equity shares and ₹423.50 crore in preference shares. The transaction, executed on an arm's length basis, required no governmental or regulatory approvals.
16Apr 25
Deepak Nitrite's Subsidiary Raises ₹163 Crore Through Preference Share Issue
Deepak Nitrite Limited's wholly-owned subsidiary, Deepak Chem Tech Limited (DCTL), has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹163 crore to another subsidiary, Deepak Phenolics Limited. The transaction, completed on April 16, 2025, involved 1,63,00,000 9% OCRPS at ₹100 each. This move aims to strengthen DCTL's capital base for ongoing projects. Deepak Nitrite maintains 100% ownership of DCTL's equity, while indirectly holding 100% of its preference shares. DCTL, incorporated in 2020, operates a fluorination plant and is pursuing various projects in Gujarat.
Deepak Nitrite
1,810.50
-46.10
(-2.48%)
1 Year Returns:-37.01%
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