Deepak Nitrite Ltd

Deepak Nitrite Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Deepak Nitrite Ltd

₹ 1,728 -0.67%
31 Oct - close price
godeepak.com BSE: 506401 NSE: DEEPAKNTR
About

Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine
& Speciality Chemicals, Performance
Products, and Phenolics[1]

Key Points

Business Segments
The company is one of the fastest growing chemical intermediates company in India with a portfolio of 32+ products and 56+ applications, divided into 2 segments: [1]

Website BSE NSE
  • Market Cap ₹ 23,567 Cr.
  • Current Price ₹ 1,728
  • High / Low ₹ 2,908 / 1,725
  • Stock P/E 96.7
  • Book Value ₹ 229
  • Dividend Yield 0.43 %
  • ROCE 10.1 %
  • ROE 8.22 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 27.5%

Cons

  • Stock is trading at 7.54 times its book value
  • The company has delivered a poor sales growth of 2.53% over past five years.
  • Company has a low return on equity of 12.9% over last 3 years.
  • Earnings include an other income of Rs.144 Cr.

* 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.

Peer comparison

Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals

Part of BSE 500 Nifty 500 BSE MidCap BSE Allcap BSE Commodities

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
730 685 818 800 708 671 674 671 716 605 552 654 612
591 545 657 654 583 553 562 587 619 530 510 577 553
Operating Profit 139 140 160 146 125 118 112 84 97 75 42 78 60
OPM % 19% 20% 20% 18% 18% 18% 17% 13% 14% 12% 8% 12% 10%
9 71 12 10 10 89 11 97 14 110 8 19 7
Interest 0 0 0 0 1 0 0 1 1 1 1 1 1
Depreciation 18 18 20 21 20 21 22 24 24 25 25 25 25
Profit before tax 131 192 152 135 115 186 100 157 85 158 24 70 41
Tax % 26% 17% 26% 26% 26% 15% 26% 26% 26% 10% 28% 23% 26%
97 159 113 101 86 157 75 116 63 142 17 54 30
EPS in Rs 7.12 11.62 8.30 7.37 6.29 11.54 5.46 8.48 4.62 10.43 1.26 3.95 2.22
Raw PDF
Upcoming result date: 12 November 2025

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,270 1,327 1,336 1,233 1,455 1,792 2,230 1,809 2,511 3,034 2,724 2,526 2,423
1,154 1,186 1,166 1,086 1,245 1,480 1,425 1,271 1,865 2,446 2,278 2,233 2,169
Operating Profit 116 141 170 146 210 312 805 538 646 588 446 294 254
OPM % 9% 11% 13% 12% 14% 17% 36% 30% 26% 19% 16% 12% 10%
-0 1 -0 83 6 -2 1 13 71 101 203 149 144
Interest 28 38 39 32 42 45 22 6 3 3 4 5 4
Depreciation 30 36 39 48 52 53 78 67 73 76 87 100 101
Profit before tax 58 68 91 149 122 212 706 479 642 610 558 338 293
Tax % 34% 21% 29% 26% 32% 35% 23% 26% 24% 23% 22% 18%
38 53 65 111 83 138 544 355 486 469 433 276 244
EPS in Rs 3.67 5.11 5.60 8.46 6.12 10.12 39.89 26.01 35.65 34.41 31.78 20.27 17.86
Dividend Payout % 27% 20% 21% 14% 21% 20% 11% 21% 20% 22% 24% 37%
Compounded Sales Growth
10 Years: 7%
5 Years: 3%
3 Years: 0%
TTM: -11%
Compounded Profit Growth
10 Years: 17%
5 Years: -15%
3 Years: -20%
TTM: -31%
Stock Price CAGR
10 Years: 38%
5 Years: 18%
3 Years: -9%
1 Year: -34%
Return on Equity
10 Years: 17%
5 Years: 16%
3 Years: 13%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10 21 23 26 27 27 27 27 27 27 27 27
Reserves 297 326 453 706 917 1,031 1,464 1,817 2,229 2,598 2,927 3,099
508 545 495 574 462 328 219 8 24 11 32 50
245 234 290 254 397 450 344 324 364 415 385 444
Total Liabilities 1,061 1,126 1,261 1,559 1,802 1,835 2,054 2,177 2,644 3,050 3,372 3,620
461 549 593 568 569 589 720 776 674 728 835 898
CWIP 71 38 14 41 36 29 90 69 83 77 126 170
Investments 3 17 133 358 455 563 563 689 909 1,057 945 1,372
526 522 520 593 742 654 682 644 978 1,188 1,466 1,179
Total Assets 1,061 1,126 1,261 1,559 1,802 1,835 2,054 2,177 2,644 3,050 3,372 3,620

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-14 105 191 93 214 277 515 442 228 310 418 254
-97 -87 -162 -274 -189 -78 -268 -226 -159 -188 -156 -333
108 -22 -28 178 -25 -198 -248 -215 -64 -113 -106 -88
Net Cash Flow -3 -4 1 -2 -0 2 -1 1 4 9 157 -167

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 84 86 81 93 93 70 60 71 80 72 82 89
Inventory Days 60 47 57 76 85 92 102 106 105 100 96 121
Days Payable 63 48 60 93 140 125 102 108 80 64 60 79
Cash Conversion Cycle 81 85 78 76 37 38 61 70 105 108 118 131
Working Capital Days 17 -2 -23 -20 -3 56 62 75 94 97 130 112
ROCE % 12% 12% 14% 9% 12% 19% 47% 27% 31% 24% 16% 10%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
45.71% 49.13% 49.13% 49.13% 49.13% 49.13% 49.24% 49.24% 49.24% 49.28% 49.28% 49.28%
8.72% 7.72% 8.09% 6.47% 6.48% 6.72% 6.86% 6.68% 6.59% 6.64% 6.68% 6.21%
13.75% 15.06% 15.61% 17.96% 18.87% 19.27% 21.20% 22.30% 23.22% 23.22% 22.61% 22.70%
31.81% 28.10% 27.16% 26.45% 25.52% 24.87% 22.70% 21.79% 20.94% 20.84% 21.42% 21.82%
No. of Shareholders 6,40,7496,49,0466,12,8695,72,5625,34,1155,02,2504,51,1984,22,3984,10,7494,09,9704,16,2584,19,367

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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