Deepak Nitrite
- Market cap
- ₹ 19,872 Cr.
- P/E
- 24.9x
- P/B
- 3.48x
- 52-week range
- 1,280 – 1,897.9
- ROE
- 10%
- ROCE
- 11%
- Dividend yield
- 0.5%
- Debt / equity
- 0.28
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Deepak Nitrite Limited is an India-based company, which is engaged in manufacturing and trading of chemicals. The Company operates through two segments: Advanced Intermediates and Phenolics. Its Advanced Intermediates segment offers Nitrites, Nitro Toluidines, Fuel Additives, Xylidines, Oximes, Cumidines, Speciality Agrochemicals, Optical Brightening Agent (OBA), diamino stilbene disulfonic acid (DASDA), and Benzotrifluoride. Its Phenolics segment offers cumene, phenol, acetone, isopropyl alcohol, and ammonium sulfate (AMS). The Company's products cater to several industries, such as paints, pharma, health care, colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, refineries, agrochemicals, glass, personal care, paper, detergents, and textiles. Its manufacturing facilities are located at Nandesari and Dahej (Gujarat); Roha and Taloja (Maharashtra); and Hyderabad (Telangana).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Deepak Nitrite against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.9 against a typical 26.3: cheaper than most peers (1st = cheapest).61st of 129
- Sales growth+36.4% against a typical +25.9% from a year earlier.36th of 112
- Profit growth+208% against a typical +42.4% from a year earlier.15th of 102
- Share price, 3 months−11.3% against a typical −5.5%.86th of 118
- Size₹ 19,872.3 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).4th of 126
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA /[ICRA]A1+ | Stable | 27 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Aug 2026 | Reaffirmed | [ICRA]AA /[ICRA]A1+ | — | ICRA | ₹ 990 Cr. | |
| 11 Aug 2025 | Reaffirmed | [ICRA]AA /[ICRA]A1+ | — | ICRA | ₹ 690 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the quarter and half year ended September 30, 2026 |
| 4 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the quarter and nine months period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,778 | 2,009 | 2,126 | 2,167 | 2,032 | 1,903 | 2,180 | 1,890 | 1,902 | 1,975 | 2,120 | 2,578 |
| Expenses | 1,476 | 1,705 | 1,825 | 1,858 | 1,734 | 1,735 | 1,863 | 1,700 | 1,698 | 1,764 | 1,744 | 2,037 |
| Operating Profit | 302 | 305 | 301 | 309 | 298 | 169 | 317 | 190 | 204 | 211 | 376 | 540 |
| OPM % | 17% | 15% | 14% | 14% | 15% | 9% | 15% | 10% | 11% | 11% | 18% | 21% |
| Other Income | 17 | 14 | 99 | 19 | 21 | 21 | 23 | 25 | 20 | −4 | 7 | 14 |
| Interest | 3 | 3 | 4 | 6 | 6 | 6 | 9 | 8 | 8 | 11 | 19 | 23 |
| Depreciation | 39 | 42 | 46 | 47 | 48 | 48 | 51 | 51 | 53 | 58 | 63 | 64 |
| Profit before tax | 277 | 274 | 349 | 275 | 264 | 135 | 279 | 155 | 163 | 138 | 301 | 468 |
| Tax % | 26% | 26% | 27% | 26% | 26% | 27% | 27% | 27% | 27% | 28% | 27% | 26% |
| Net Profit | 205 | 202 | 254 | 203 | 194 | 98 | 202 | 112 | 119 | 100 | 220 | 345 |
| EPS in Rs | 15.04 | 14.81 | 18.61 | 14.85 | 14.24 | 7.19 | 14.84 | 8.23 | 8.7 | 7.32 | 16.11 | 25.3 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 19%
- 5 Years
- 13%
- 3 Years
- 0%
- TTM
- 7%
- 10 Years
- 24%
- 5 Years
- −7%
- 3 Years
- −13%
- TTM
- 31%
- 10 Years
- 33%
- 5 Years
- −3%
- 3 Years
- −4%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 18%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Deepak Nitrite | ₹ 1,485.00 | ₹ 19,872 Cr. | 24.9x | 3.5x | 10% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Deepak C. Mehta
- Executive Chairman of the Board, Managing Director
- Sanjay Upadhyay
- Group Chief Financial Officer, Director - Finance , Executive Director
- Somsekhar Nanda
- Chief Financial Officer
- Subimal Mondal
- Group Chief Human Resources Officer
- Arvind Bajpai
- Compliance Officer, Company Secretary
- Anant Pande
- Executive Director, Chief Manufacturing Officer
- Girish R. Satarkar
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.