Deepak Nitrite Ltd
Deepak Nitrite has 4 major segments #:
1. Basic Chemicals: Nitrites, Nitro Toluidines & Fuel Additives
2. Fine & Specialty Chemicals: Xylidines, Oximes, Cumidines and speciality agro-chemicals
3. Performance Products: brightening agents used in papers and detergents
4. Phenolics: Phenol, acetone etc
- Market Cap ₹ 18,671 Cr.
- Current Price ₹ 1,369
- High / Low ₹ 1,444 / 310
- Stock P/E 28.4
- Book Value ₹ 135
- Dividend Yield 0.33 %
- ROCE 37.7 %
- ROE 46.6 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 63.32% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.88%
- Debtor days have improved from 73.87 to 52.87 days.
Cons
- Stock is trading at 10.14 times its book value
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
464 | 461 | 767 | 1,008 | 1,051 | 1,003 | 1,120 | 1,056 | 674 | 987 | 1,235 | |
411 | 397 | 659 | 814 | 797 | 753 | 862 | 793 | 493 | 712 | 900 | |
Operating Profit | 53 | 64 | 107 | 194 | 254 | 250 | 258 | 262 | 182 | 276 | 335 |
OPM % | 11% | 14% | 14% | 19% | 24% | 25% | 23% | 25% | 27% | 28% | 27% |
Other Income | 1 | 0 | 1 | 8 | 12 | 8 | 15 | 2 | 7 | 4 | 5 |
Interest | 12 | 13 | 26 | 33 | 31 | 30 | 27 | 27 | 25 | 20 | 16 |
Depreciation | 13 | 13 | 23 | 29 | 33 | 35 | 35 | 36 | 31 | 31 | 34 |
Profit before tax | 29 | 38 | 60 | 141 | 201 | 193 | 211 | 201 | 133 | 229 | 290 |
Tax % | 35% | 37% | 34% | 35% | 35% | 22% | 26% | 14% | 25% | 26% | 25% |
Net Profit | 19 | 24 | 40 | 91 | 132 | 150 | 157 | 172 | 99 | 170 | 217 |
EPS in Rs | 1.38 | 1.74 | 2.91 | 6.71 | 9.65 | 11.03 | 11.49 | 12.63 | 7.25 | 12.48 | 15.88 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|
1,327 | 1,373 | 1,371 | 1,651 | 2,700 | 4,230 | 3,952 | |
1,188 | 1,205 | 1,233 | 1,447 | 2,279 | 3,195 | 2,898 | |
Operating Profit | 139 | 168 | 138 | 204 | 421 | 1,035 | 1,054 |
OPM % | 10% | 12% | 10% | 12% | 16% | 24% | 27% |
Other Income | 2 | 0 | 81 | 7 | 11 | 29 | 18 |
Interest | 38 | 40 | 37 | 47 | 87 | 118 | 87 |
Depreciation | 36 | 40 | 48 | 53 | 78 | 140 | 132 |
Profit before tax | 67 | 89 | 135 | 111 | 268 | 806 | 853 |
Tax % | 21% | 29% | 28% | 29% | 35% | 24% | |
Net Profit | 53 | 63 | 96 | 79 | 174 | 611 | 658 |
EPS in Rs | 5.06 | 5.39 | 7.37 | 5.79 | 12.73 | 44.80 | 48.24 |
Dividend Payout % | 20% | 22% | 16% | 22% | 16% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 46% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 63% |
3 Years: | 137% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 54% |
5 Years: | 87% |
3 Years: | 74% |
1 Year: | 196% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 28% |
Last Year: | 47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|
21 | 23 | 26 | 27 | 27 | 27 | 27 | |
Reserves | 325 | 450 | 689 | 895 | 1,044 | 1,545 | 1,813 |
Borrowings | 545 | 529 | 724 | 987 | 1,187 | 1,107 | 697 |
235 | 295 | 350 | 684 | 677 | 538 | 560 | |
Total Liabilities | 1,125 | 1,296 | 1,789 | 2,592 | 2,935 | 3,217 | 3,097 |
549 | 594 | 586 | 588 | 1,716 | 1,832 | 1,840 | |
CWIP | 44 | 36 | 349 | 955 | 34 | 172 | 171 |
Investments | 3 | 87 | 118 | 32 | 2 | 2 | 2 |
530 | 580 | 736 | 1,018 | 1,183 | 1,210 | 1,084 | |
Total Assets | 1,125 | 1,296 | 1,789 | 2,592 | 2,935 | 3,217 | 3,097 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
108 | 167 | 49 | 183 | 60 | 765 | |
-89 | -169 | -353 | -525 | -163 | -428 | |
-22 | 4 | 305 | 345 | 96 | -338 | |
Net Cash Flow | -3 | 2 | 1 | 4 | -6 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
ROCE % | 14% | 8% | 10% | 17% | 38% | |
Debtor Days | 86 | 83 | 96 | 91 | 78 | 53 |
Inventory Turnover | 8.19 | 6.34 | 4.57 | 4.90 | 6.40 |
Documents
Add documentRecent announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Feb
- Publications Of Unaudited Financial Results 15 Feb
- Announcement under Regulation 30 (LODR)-Investor Presentation 12 Feb
View all
Annual reports
- 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
- Financial Year 2010 from bse