Deepak Nitrite Ltd
Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine
& Speciality Chemicals, Performance
Products, and Phenolics[1]
- Market Cap ₹ 32,743 Cr.
- Current Price ₹ 2,399
- High / Low ₹ 2,521 / 1,850
- Stock P/E 78.3
- Book Value ₹ 203
- Dividend Yield 0.31 %
- 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 11.8 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: | 49% |
5 Years: | 55% |
3 Years: | 14% |
1 Year: | 29% |
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
- Intimation Under Regulation 30 Of SEBI (LODR), Regulations, 2015 14m
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 20 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 20 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT REC
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Feb 2021Transcript PPT
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Oct 2020TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Oct 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Jan 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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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.**