Deepak Nitrite Ltd
Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine
& Speciality Chemicals, Performance
Products, and Phenolics[1]
- Market Cap ₹ 34,469 Cr.
- Current Price ₹ 2,527
- High / Low ₹ 2,620 / 1,900
- Stock P/E 82.4
- Book Value ₹ 203
- Dividend Yield 0.30 %
- ROCE 24.4 %
- ROE 18.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 20.9%
Cons
- Stock is trading at 12.5 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
790 | 1,019 | 1,270 | 1,327 | 1,336 | 1,233 | 1,455 | 1,792 | 2,230 | 1,809 | 2,511 | 3,034 | 2,854 | |
732 | 944 | 1,154 | 1,186 | 1,166 | 1,086 | 1,245 | 1,480 | 1,425 | 1,271 | 1,865 | 2,446 | 2,352 | |
Operating Profit | 58 | 75 | 116 | 141 | 170 | 146 | 210 | 312 | 805 | 538 | 646 | 588 | 502 |
OPM % | 7% | 7% | 9% | 11% | 13% | 12% | 14% | 17% | 36% | 30% | 26% | 19% | 18% |
2 | 8 | -0 | 1 | -0 | 83 | 6 | -2 | 1 | 13 | 71 | 101 | 120 | |
Interest | 11 | 11 | 28 | 38 | 39 | 32 | 42 | 45 | 22 | 6 | 3 | 3 | 2 |
Depreciation | 18 | 19 | 30 | 36 | 39 | 48 | 52 | 53 | 78 | 67 | 73 | 76 | 83 |
Profit before tax | 32 | 53 | 58 | 68 | 91 | 149 | 122 | 212 | 706 | 479 | 642 | 610 | 537 |
Tax % | 27% | 28% | 34% | 21% | 29% | 26% | 32% | 35% | 23% | 26% | 24% | 23% | |
23 | 38 | 38 | 53 | 65 | 111 | 83 | 138 | 544 | 355 | 486 | 469 | 418 | |
EPS in Rs | 2.21 | 3.62 | 3.67 | 5.11 | 5.60 | 8.46 | 6.12 | 10.12 | 39.89 | 26.01 | 35.65 | 34.41 | 30.66 |
Dividend Payout % | 27% | 22% | 27% | 20% | 21% | 14% | 21% | 20% | 11% | 21% | 20% | 22% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 11% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 40% |
3 Years: | -6% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 55% |
3 Years: | 13% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 24% |
3 Years: | 21% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 21 | 23 | 26 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
Reserves | 242 | 270 | 297 | 326 | 453 | 706 | 917 | 1,031 | 1,464 | 1,817 | 2,229 | 2,598 | 2,738 |
261 | 341 | 508 | 545 | 495 | 574 | 462 | 328 | 219 | 8 | 24 | 11 | 14 | |
189 | 268 | 245 | 234 | 290 | 254 | 397 | 450 | 344 | 324 | 364 | 415 | 393 | |
Total Liabilities | 703 | 890 | 1,061 | 1,126 | 1,261 | 1,559 | 1,802 | 1,835 | 2,054 | 2,177 | 2,644 | 3,050 | 3,172 |
181 | 325 | 461 | 549 | 593 | 568 | 569 | 589 | 720 | 776 | 674 | 728 | 752 | |
CWIP | 102 | 118 | 71 | 38 | 14 | 41 | 36 | 29 | 90 | 69 | 83 | 77 | 114 |
Investments | 1 | 1 | 3 | 17 | 133 | 358 | 455 | 563 | 563 | 689 | 909 | 1,057 | 1,078 |
418 | 445 | 526 | 522 | 520 | 593 | 742 | 654 | 682 | 644 | 978 | 1,188 | 1,228 | |
Total Assets | 703 | 890 | 1,061 | 1,126 | 1,261 | 1,559 | 1,802 | 1,835 | 2,054 | 2,177 | 2,644 | 3,050 | 3,172 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 24 | -14 | 105 | 191 | 93 | 214 | 277 | 515 | 442 | 228 | 310 | |
-139 | -156 | -97 | -87 | -162 | -274 | -189 | -78 | -268 | -226 | -159 | -188 | |
184 | 47 | 108 | -22 | -28 | 178 | -25 | -198 | -248 | -215 | -64 | -113 | |
Net Cash Flow | 88 | -84 | -3 | -4 | 1 | -2 | -0 | 2 | -1 | 1 | 4 | 9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 87 | 84 | 86 | 81 | 93 | 93 | 70 | 60 | 71 | 80 | 72 |
Inventory Days | 60 | 55 | 60 | 47 | 57 | 76 | 85 | 92 | 102 | 106 | 105 | 100 |
Days Payable | 91 | 106 | 63 | 48 | 60 | 93 | 140 | 125 | 102 | 108 | 80 | 64 |
Cash Conversion Cycle | 41 | 35 | 81 | 85 | 78 | 76 | 37 | 38 | 61 | 70 | 105 | 108 |
Working Capital Days | 45 | 52 | 71 | 62 | 41 | 71 | 64 | 45 | 58 | 75 | 96 | 97 |
ROCE % | 11% | 10% | 12% | 12% | 14% | 9% | 12% | 19% | 47% | 27% | 31% | 24% |
Documents
Announcements
- Schedule Of Q4 & FY2024 Earnings Conference Call 14 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
8 May - Secretarial Compliance Report for the year ended 31st March, 2024
- Board Meeting Intimation for Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024. To Consider And Recommend Dividend, If Any, On Equity Shares Of The Company. 7 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 May
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Feb 2024Transcript PPT REC
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT REC
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Aug 2022Transcript PPT
-
May 2022TranscriptPPT
-
Jan 2022TranscriptPPT
-
Oct 2021TranscriptPPT
-
Aug 2021TranscriptPPT
-
May 2021TranscriptPPT
-
Feb 2021Transcript PPT
-
Oct 2020TranscriptNotesPPT
-
Aug 2020TranscriptNotesPPT
-
May 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Oct 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Oct 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Jan 2018TranscriptNotesPPT
-
Nov 2017TranscriptNotesPPT
-
Aug 2017TranscriptNotesPPT
-
Feb 2017TranscriptNotesPPT
Business Overview:*[1]
Deepak Nitrite (DNL) is one of the fastest growing and trusted chemical intermediates company in India. It has 30+ Products, 56+ applications and 1000+ clients. Largest Producer of Phenol & Acetone since 2019 in India.**