Deepak Nitrite
1,770.20
-5.20(-0.29%)
Market Cap₹24,215.20 Cr
PE Ratio39.78
IndustryChemicals
Company Performance:
1D-0.29%
1M-4.05%
6M-9.67%
1Y-38.29%
5Y+149.36%
View Company Insightsright
More news about Deepak Nitrite
13Aug 25
Deepak Nitrite Reports 45% Drop in Q1 Net Profit Amid Challenging Market Conditions
Deepak Nitrite, a leading chemical intermediates producer in India, reported a significant decline in its Q1 financial performance. Consolidated net profit fell by 45% year-over-year to ₹112.25 crore, while revenue from operations declined by 13% to ₹1,889.88 crore. EBITDA decreased by 40% to ₹197.00 crore, with the EBITDA margin compressing to 10.00%. Both Advanced Intermediates and Phenolics segments experienced revenue and EBIT declines. The company faced challenges including global economic deceleration, oversupply from China, and sluggish demand in major economies. Despite these challenges, management remains optimistic about future prospects, focusing on expanding into new markets, driving integration, and enhancing sustainability efforts.
07Aug 25
Deepak Nitrite Settles ₹8.37 Lakh in Provident Fund Penalties
Deepak Nitrite has addressed delayed Provident Fund remittances by paying ₹8,36,696 as ordered by the Assistant Provident Fund Commissioner, Bharuch. This includes ₹3,04,324 in interest and ₹5,32,372 in damages for delays from March 1, 2013, to April 30. The company has settled the dues and stated there will be no further material financial impact. This disclosure was made in compliance with SEBI regulations.
31Jul 25
Deepak Nitrite's Subsidiary Issues ₹500 Million Worth of OCRPS
Deepak Nitrite Limited's wholly-owned subsidiary, Deepak Chem Tech Limited (DCTL), has issued 50,00,000 9% Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹500 million to its parent company. This move aims to strengthen DCTL's capital base and support ongoing project expenses. DCTL operates a fluorination plant and reported a turnover of ₹9.43 crore. The transaction, conducted on an arm's length basis, complies with regulatory requirements and has been reported to the BSE Limited.
11Jul 25
Deepak Nitrite Completes ₹55 Crore Preference Share Allocation to Deepak Phenolics
Deepak Nitrite has completed the allocation of Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹55.00 crore to its subsidiary, Deepak Phenolics. This strategic financial move could provide additional capital for Deepak Phenolics' operations or expansion plans, while potentially increasing Deepak Nitrite's stake in the subsidiary.
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
1,770.20
-5.20
(-0.29%)
1 Year Returns:-38.29%
Industry Peers
Pidilite Industries
1,542.70
(+1.29%)
SRF
3,169.40
(-0.65%)
Gujarat Fluorochemicals
3,718.40
(-0.70%)
Deepak Nitrite
1,770.20
(-0.29%)
BASF
4,526.80
(-1.50%)
Vinati Organics
1,695.10
(-0.56%)
ATUL
5,952.00
(+2.13%)
Fine Organic Industries
4,520.70
(+0.44%)
Aarti Industries
374.80
(-0.46%)