Chemicals · NIFTY 500

Deepak Nitrite Limited

NSEDEEPAKNTR BSE506401 ISININE288B01029 SeriesEQ Listed on NSE · BSE

₹1,625.20 +36.30 (+2.28%) Updated 12 Nov, 9:19 pm IST

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Price, daily close-12.46% in a year

Today

Open: ₹1,590.00
Prev close: ₹1,588.90
Day high: ₹1,629.90
Day low: ₹1,588.80
Volume: 2.24 L
Value traded: ₹36.28 Cr
Upper circuit: ₹1,906.60
Lower circuit: ₹1,271.20
52W high: ₹1,897.90
52W low: ₹1,280.00
1 month: -3.19%
6 months: -17.71%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹22,168 Cr

P/E (TTM)20.87

P/B3.42

Book value / share₹474.76

EPS (TTM)₹77.89

ROE16.4%

Dividend yield0.46%

Dividend (12m)₹7.50 / share

Net margin (TTM)10.9%

Operating margin20.4%

Debt / equity0.26

Current ratio2.01

EV / EBITDA13.67

Sales growth (YoY qtr)+61.75%

Profit growth (YoY qtr)+234.99%

Sales CAGR 3Y-0.36%

Profit CAGR 3Y-13.55%

Shares13.64 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

2,009202

Dec 23

2,126253

Mar 24

2,167203

Jun 24

2,032194

Sep 24

1,90398.1

Dec 24

2,180202

Mar 25

1,890112

Jun 25

1,902119

Sep 25

1,97599.8

Dec 25

2,120220

Mar 26

2,578345

Jun 26

3,076398

Sep 26

Revenue · QoQ (vs last quarter)

—+5.8%+1.9%-6.2%-6.3%+15%-13%+0.6%+3.8%+7.4%+22%+19%

Revenue · YoY (vs a year ago)

————-5.3%+2.5%-13%-6.4%+3.8%-2.7%+36%+62%

Net profit · QoQ (vs last quarter)

—+25%-20%-4.4%-49%+106%-45%+5.8%-16%+120%+57%+15%

Net profit · YoY (vs a year ago)

————-51%-20%-45%-39%+1.7%+8.6%+208%+235%

RevenueNet profitLine = trend

14.81

Dec 23

18.61

Mar 24

14.85

Jun 24

14.24

Sep 24

7.19

Dec 24

14.84

Mar 25

8.23

Jun 25

8.71

Sep 25

7.32

Dec 25

16.11

Mar 26

25.30

Jun 26

29.16

Sep 26

EPS (₹) · YoY (vs a year ago)

————-51%-20%-45%-39%+1.8%+8.6%+207%+235%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	2,009	2,126	2,167	2,032	1,903	2,180	1,890	1,902	1,975	2,120	2,578	3,076
Other income	13.6	19.1	18.8	21.3	21.0	22.8	24.6	20.0	8.5	6.9	14.0	16.3
Total income	2,023	2,145	2,186	2,053	1,924	2,202	1,914	1,922	1,983	2,127	2,592	3,093
Raw material	1,459	1,414	1,413	1,456	1,333	1,479	1,331	1,244	1,372	1,378	1,581	1,836
Purchases	0.0	1.6	22.7	76.8	13.6	18.5	63.9	75.8	74.9	59.1	60.9	114
Employee cost	89.1	92.9	95.3	97.1	98.2	102	106	99.2	107	111	118	127
Other expenses	243	258	262	255	244	249	233	221	232	254	291	318
Total expenses	1,749	1,876	1,911	1,789	1,789	1,924	1,760	1,759	1,833	1,826	2,124	2,550
Operating profit	305	381	309	298	169	317	190	204	198	376	540	627
OPM %	15.2%	17.9%	14.3%	14.6%	8.9%	14.5%	10.0%	10.7%	10.0%	17.7%	21.0%	20.4%
Finance cost	2.9	4.4	5.8	6.3	6.1	9.3	8.1	7.9	11.0	18.9	22.9	29.1
Depreciation	41.7	46.5	47.5	48.5	48.2	51.3	51.3	53.3	57.6	62.6	63.7	71.3
Exceptional items	—	79.8	—	—	—	—	—	—	-12.8	—	—	—
Profit before tax	274	349	275	264	135	279	155	163	138	301	468	543
Tax	71.5	95.3	72.3	69.8	37.1	76.2	42.5	44.3	38.2	81.5	123	145
Net profit	202	254	203	194	98.1	203	112	119	99.8	220	345	398
Profit to shareholders	202	253	203	194	98.1	202	112	119	99.8	220	345	398
EPS (₹)	14.81	18.61	14.85	14.24	7.19	14.84	8.23	8.71	7.32	16.11	25.30	29.16

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

1,792306138

FY19

4,2301,026607

FY20

4,3601,247776

FY21

6,8021,6041,067

FY22

7,9721,289852

FY23

7,6821,203809

FY24

8,2821,092697

FY25

7,887968551

FY26

Revenue · YoY (vs a year ago)

—+136%+3.1%+56%+17%-3.6%+7.8%-4.8%

Net profit · YoY (vs a year ago)

—+340%+28%+37%-20%-5.1%-14%-21%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,792	4,230	4,360	6,802	7,972	7,682	8,282	7,887
Other income	2.6	35.2	21.5	42.6	47.6	76.1	83.9	59.9
Total expenses	1,582	3,459	3,340	5,410	6,874	6,736	7,413	7,177
Employee cost	159	219	247	274	318	351	392	423
Operating profit	306	1,026	1,247	1,604	1,289	1,203	1,092	968
OPM %	17.1%	24.3%	28.6%	23.6%	16.2%	15.7%	13.2%	12.3%
Finance cost	42.8	115	74.2	34.0	24.8	11.8	27.5	46.0
Depreciation	52.9	140	153	178	166	166	195	225
Profit before tax	212	806	1,042	1,434	1,146	1,102	953	757
Tax	74.5	195	266	368	294	291	255	206
Tax rate %	35.0%	24.2%	25.5%	25.6%	25.6%	26.4%	26.8%	27.3%
Net profit	138	611	776	1,067	852	811	697	551
Profit to shareholders	—	607	776	1,067	852	809	697	551
Net margin %	7.7%	14.4%	17.8%	15.7%	10.7%	10.5%	8.4%	7.0%
EPS (₹)	10.12	44.80	56.88	78.20	62.47	59.45	51.12	40.36

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

4,09054.537.6

Mar 23

4,797217238

Mar 24

5,3891,171179

Mar 25

5,8371,528243

Mar 26

6,4761,65715.9

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+17%+12%+8.3%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	4,090	4,797	5,389	5,837	6,476
Long-term borrowings	43.0	217	1,026	1,135	1,130
Short-term borrowings	11.5	0.0	145	393	527
Total borrowings	54.5	217	1,171	1,528	1,657
Current liabilities	794	785	923	1,279	1,776
Fixed assets (PPE)	1,914	2,243	2,400	3,210	4,175
Inventories	893	760	926	862	936
Trade receivables	1,310	1,298	1,274	1,506	1,959
Cash & equivalents	37.6	238	179	243	15.9
Current assets	2,739	2,842	3,297	3,069	3,565
Total assets	5,129	6,096	7,718	8,681	9,814
Debt / equity	0.01	0.05	0.22	0.26	0.26

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

824-424-386

FY22

650-276-359

FY23

878-72243.5

FY24

625-1,491806

FY25

539-669193

FY26

Operations · YoY (vs a year ago)

—-21%+35%-29%-14%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	824	650	878	625	539
Cash from investing	-424	-276	-722	-1,491	-669
Cash from financing	-386	-359	43.5	806	193
Spent on fixed assets	-187	-358	-742	-1,122	-1,185
Free cash flow	637	292	136	-497	-646
Net cash flow	14.0	14.8	200	-60.5	63.7

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

49.1%Dec 23

49.1%Mar 24

49.2%Jun 24

49.2%Sep 24

49.2%Dec 24

49.3%Mar 25

49.3%Jun 25

49.3%Sep 25

49.3%Dec 25

49.3%Mar 26

49.3%Jun 26

49.4%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

49.4%promoter

Promoter & group: 49.39%
Public (FIIs, mutual funds, retail…): 50.61%
Promoter change, last quarter: +0.05 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Rs 7.50 Per ShareEx 27-Jul-2026
Dividend - Rs 7.50 Per ShareEx 04-Aug-2025
Annual General Meeting/Dividend - Rs 7.50 Per ShareEx 29-Jul-2024
Annual General Meeting/Dividend - Rs 7.50 Per ShareEx 27-Jul-2023
Annual General Meeting/Dividend - Rs 7 Per ShEx 25-Jul-2022
Annual General Meeting/Dividend - Rs 4.50 Per Share/ Special Dividend - Re 1 Per ShareEx 20-Jul-2021
Annual General MeetingEx 29-Jul-2020
Interim Dividend - Rs 4.50 Per ShareEx 16-Mar-2020

Board meetings

the financial results for the quarter and half year ended September 30, 202629-Oct-2026
DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Finan…29-Oct-2026
the financial results for the period ended Jun 30, 202604-Aug-2026
DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 04-Aug-2026 to inter-alia consider and approve the Unaudited Finan…04-Aug-2026
DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 04-Aug-2026 to inter-alia consider and approve the Unaudited Finan…04-Aug-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates4 Nov
Analysts/Institutional Investor Meet/Con. Call Updates30 Oct
General Updates29 Oct
Outcome of Board Meeting29 Oct
General Updates16 Oct
Certificate under SEBI (Depositories and Participants) Regulations, 20186 Oct
General Updates29 Sep

Latest news

DEEPAKNTR Outlook for the WeekEquitypandit · 8 Nov, 1:30 pm Deepak Nitrite unit starts production at Gujarat chlorination plantIndiatimes · 1 Oct, 12:30 pm DEEPAKNTR Forecast — Price Target — Prediction for 2027TradingView · 25 Jun, 7:38 pm Deepak Nitrite (NSEI:DEEPAKNTR) Stock Forecast & Analyst PredictionsSimply Wall St · 2 Nov, 1:30 pm Why Deepak Nitrite Share Price is RisingEquitymaster · 5 Aug, 12:30 pm Deepak Nitrite Share Prices Rises 5% After Q1 Net Profit Increases Three-Fold, Revenue SurgesNDTV Profit · 5 Aug, 12:30 pm Deepak Nitrite Q4 net profit, margins rise despite revenue dip; declares ₹7.50 dividendCNBC TV18 · 15 May, 12:30 pm Deepak Nitrite jumps 6% as arm starts second hydrogenation plant in GujaratBusiness Standard · 20 Jan, 1:30 pm

About

About Deepak Nitrite Limited

Deepak Nitrite Limited is listed on the NSE under the symbol DEEPAKNTR and belongs to the Chemicals sector.

Company details

Company name: Deepak Nitrite Limited
NSE symbol: DEEPAKNTR
BSE scrip code: 506401
ISIN: INE288B01029
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 29 Sep 2010
Face value: ₹2 per share
Market lot: 1 share
Shares issued: 13.64 crore
Index: NIFTY 500
Sector (NSE): Chemicals
Industry: Chemicals: Specialty
Managing director / CEO: Deepak C. Mehta
Chair: Deepak C. Mehta
Headquarters: Vadodara, Gujarat, India
Registered address: 2nd Floor, Fermenter House, Alembic City, Alembic Avenue Road, Vadodara - 390003
Founded: 1970
Employees: 7,738
Financial year: April to March
Results basis: Consolidated
Website: godeepak.com

Peers

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Deepak Nitrite Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers