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506401

DEEPAKNTR

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DEEPAK NITRITE LTD performance

Today’s low

Today’s high

₹ 1925.20 ₹ 2002.60
₹ 1935.60

52 week low

52 week high

₹ 1782.00 ₹ 3169.00
₹ 1935.60

Open Price

₹ 1987.40

Prev. Close

₹ 1987.40

Volume (Shares)

226352.00

Total traded value

₹ 4381.26

Upper Circuit

₹ 2186.10

Lower Circuit

₹ 1788.70

info

DEEPAK NITRITE LTD Share Price Update

As of the latest trading session, DEEPAK NITRITE LTD share price is currently at ₹ 1935.6, which is down by ₹ -51.80 from its previous closing. Today, the stock has fluctuated between ₹ 1925.20 and ₹ 2002.60. Over the past year, DEEPAK NITRITE LTD has achieved a return of -20.36 %. In the last month alone, the return has been -2.35 %. Read More...

DEEPAK NITRITE LTD fundamentals


  • Market cap (Cr)

    26,400.33

  • P/E Ratio (TTM)

    77.91

  • Beta

    1.09

  • Book Value / share

    224.10

  • Return on equity

    12.66%

  • EPS (TTM)

    20.48

  • Dividend yield

    0.39%

  • Net profit/quarter (Cr)

    17.25

info icon alternate text
  • Market cap (Cr)

    26,281.66

  • P/E Ratio (TTM)

    77.91

  • Beta

    1.04

  • Book Value / share

    224.10

  • Return on equity

    12.66%

  • EPS (TTM)

    20.48

  • Dividend yield

    0.39%

  • Net profit/quarter (Cr)

    17.25

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DEEPAK NITRITE LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 551.59
Operating Expense 535.42
Net Profit 17.25
Net Profit Margin (%) 3.12
Earnings Per Share (EPS) 1.26
EBITDA 49.47
Effective Tax Rate (%) 27.67
Particulars SEP 2024 (Values in Cr)
Revenue 604.70
Operating Expense 556.02
Net Profit 142.27
Net Profit Margin (%) 23.52
Earnings Per Share (EPS) 10.43
EBITDA 184.57
Effective Tax Rate (%) 10.14
Particulars JUN 2024 (Values in Cr)
Revenue 715.71
Operating Expense 644.41
Net Profit 63.04
Net Profit Margin (%) 8.80
Earnings Per Share (EPS) 4.62
EBITDA 110.46
Effective Tax Rate (%) 25.86
Particulars MAR 2024 (Values in Cr)
Revenue 671.15
Operating Expense 611.58
Net Profit 115.68
Net Profit Margin (%) 17.23
Earnings Per Share (EPS) 8.48
EBITDA 181.59
Effective Tax Rate (%) 26.18
Particulars DEC 2023 (Values in Cr)
Revenue 674.30
Operating Expense 584.93
Net Profit 74.51
Net Profit Margin (%) 11.04
Earnings Per Share (EPS) 5.46
EBITDA 122.84
Effective Tax Rate (%) 25.55
Particulars MAR 2024 (Values in Cr)
Revenue 2724.35
Operating Expense 2369.59
Net Profit 433.43
Net Profit Margin (%) 15.90
Earnings Per Share (EPS) 31.78
EBITDA 647.14
Effective Tax Rate (%) 22.36
Particulars MAR 2023 (Values in Cr)
Revenue 3033.55
Operating Expense 2525.29
Net Profit 469.39
Net Profit Margin (%) 15.47
Earnings Per Share (EPS) 34.41
EBITDA 687.57
Effective Tax Rate (%) 23.03
Particulars MAR 2022 (Values in Cr)
Revenue 2511.05
Operating Expense 1939.84
Net Profit 486.21
Net Profit Margin (%) 19.36
Earnings Per Share (EPS) 35.65
EBITDA 716.15
Effective Tax Rate (%) 24.26
Particulars MAR 2021 (Values in Cr)
Revenue 1809.14
Operating Expense 1344.07
Net Profit 354.72
Net Profit Margin (%) 19.60
Earnings Per Share (EPS) 26.01
EBITDA 549.61
Effective Tax Rate (%) 25.88
Particulars MAR 2020 (Values in Cr)
Revenue 2229.66
Operating Expense 1531.21
Net Profit 544.04
Net Profit Margin (%) 24.40
Earnings Per Share (EPS) 39.89
EBITDA 804.28
Effective Tax Rate (%) 22.94
Particulars MAR 2024 (Values in Cr)
Book Value / Share 351.66
ROE % 16.38
ROCE % 21.56
Total Debt to Total Equity 0.04
EBITDA Margin 15.22
Particulars MAR 2023 (Values in Cr)
Book Value / Share 299.85
ROE % 22.94
ROCE % 29.81
Total Debt to Total Equity 0.05
EBITDA Margin 16.79
Particulars MAR 2022 (Values in Cr)
Book Value / Share 244.75
ROE % 37.52
ROCE % 44.37
Total Debt to Total Equity 0.16
EBITDA Margin 24.24
Particulars MAR 2021 (Values in Cr)
Book Value / Share 172.04
ROE % 39.60
ROCE % 39.63
Total Debt to Total Equity 0.43
EBITDA Margin 29.17
Particulars MAR 2020 (Values in Cr)
Book Value / Share 115.24
ROE % 46.23
ROCE % 37.14
Total Debt to Total Equity 0.87
EBITDA Margin 25.16
Particulars MAR 2024 (Values in Cr)
Book Value / Share 216.61
ROE % 12.66
ROCE % 16.14
Total Debt to Total Equity 0.01
EBITDA Margin 20.00
Particulars MAR 2023 (Values in Cr)
Book Value / Share 192.45
ROE % 19.23
ROCE % 24.69
Total Debt to Total Equity 0.01
EBITDA Margin 22.70
Particulars MAR 2022 (Values in Cr)
Book Value / Share 165.40
ROE % 23.71
ROCE % 30.94
Total Debt to Total Equity 0.01
EBITDA Margin 28.57
Particulars MAR 2021 (Values in Cr)
Book Value / Share 135.25
ROE % 21.27
ROCE % 26.96
Total Debt to Total Equity 0.07
EBITDA Margin 30.46
Particulars MAR 2020 (Values in Cr)
Book Value / Share 109.34
ROE % 42.68
ROCE % 46.68
Total Debt to Total Equity 0.21
EBITDA Margin 36.15
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 465.46
Total Assets 6096.22
Total Liabilities 6096.22
Total Equity 4822.68
Share Outstanding 136393500
Price to Book Ratio 9.79
Return on Assets (%) 13.30
Return on Capital (%) 16.09
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 39.95
Total Assets 5128.74
Total Liabilities 5128.74
Total Equity 4089.96
Share Outstanding 136393500
Price to Book Ratio 9.57
Return on Assets (%) 16.61
Return on Capital (%) 20.56
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 41.79
Total Assets 4430.46
Total Liabilities 4430.46
Total Equity 3338.44
Share Outstanding 136393500
Price to Book Ratio 13.57
Return on Assets (%) 24.07
Return on Capital (%) 29.31
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 33.43
Total Assets 3560.30
Total Liabilities 3560.30
Total Equity 2346.65
Share Outstanding 136393500
Price to Book Ratio 12.25
Return on Assets (%) 21.79
Return on Capital (%) 26.53
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 31.40
Total Assets 3208.61
Total Liabilities 3208.61
Total Equity 1571.91
Share Outstanding 136393500
Price to Book Ratio 3.54
Return on Assets (%) 19.04
Return on Capital (%) 23.5
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 174.78
Total Assets 3371.01
Total Liabilities 3371.01
Total Equity 2954.54
Share Outstanding 136393041
Price to Book Ratio 9.79
Return on Assets (%) 12.85
Return on Capital (%) 14.67
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 17.94
Total Assets 3049.60
Total Liabilities 3049.60
Total Equity 2625.06
Share Outstanding 136393041
Price to Book Ratio 9.57
Return on Assets (%) 15.39
Return on Capital (%) 17.88
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 9.04
Total Assets 2642.24
Total Liabilities 2642.24
Total Equity 2256.00
Share Outstanding 136393041
Price to Book Ratio 13.57
Return on Assets (%) 18.40
Return on Capital (%) 21.42
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 4.43
Total Assets 2170.51
Total Liabilities 2170.51
Total Equity 1844.75
Share Outstanding 136393041
Price to Book Ratio 12.25
Return on Assets (%) 16.34
Return on Capital (%) 19.23
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 3.73
Total Assets 2046.52
Total Liabilities 2046.52
Total Equity 1491.33
Share Outstanding 136393041
Price to Book Ratio 3.54
Return on Assets (%) 26.58
Return on Capital (%) 32.6
Particulars MAR 2024 (Values in Cr)
Net Income 1101.72
Cash from Operations 1144.51
Cash from Investing -721.84
Cash from Financing 43.53
Net change in Cash 199.75
Free Cash Flow 1886.90
Particulars MAR 2023 (Values in Cr)
Net Income 1145.88
Cash from Operations 909.94
Cash from Investing -276.05
Cash from Financing -359.08
Net change in Cash 14.79
Free Cash Flow 1268.07
Particulars MAR 2022 (Values in Cr)
Net Income 1434.45
Cash from Operations 1177.29
Cash from Investing -424.05
Cash from Financing -385.83
Net change in Cash 13.96
Free Cash Flow 1363.79
Particulars MAR 2021 (Values in Cr)
Net Income 1041.72
Cash from Operations 1238.40
Cash from Investing -396.16
Cash from Financing -598.99
Net change in Cash 6.75
Free Cash Flow 1450.86
Particulars MAR 2020 (Values in Cr)
Net Income 806.40
Cash from Operations 963.14
Cash from Investing -427.92
Cash from Financing -337.56
Net change in Cash -0.82
Free Cash Flow 1361.53
Particulars MAR 2024 (Values in Cr)
Net Income 558.26
Cash from Operations 540.94
Cash from Investing -156.16
Cash from Financing -105.51
Net change in Cash 156.76
Free Cash Flow 749.06
Particulars MAR 2023 (Values in Cr)
Net Income 609.84
Cash from Operations 448.74
Cash from Investing -188.47
Cash from Financing -112.83
Net change in Cash 8.71
Free Cash Flow 573.30
Particulars MAR 2022 (Values in Cr)
Net Income 642.01
Cash from Operations 379.60
Cash from Investing -159.13
Cash from Financing -64.37
Net change in Cash 4.38
Free Cash Flow 483.46
Particulars MAR 2021 (Values in Cr)
Net Income 478.61
Cash from Operations 562.43
Cash from Investing -225.75
Cash from Financing -215.24
Net change in Cash 0.96
Free Cash Flow 664.55
Particulars MAR 2020 (Values in Cr)
Net Income 706.03
Cash from Operations 705.60
Cash from Investing -267.75
Cash from Financing -248.17
Net change in Cash -0.71
Free Cash Flow 975.27
Company Name Price P/E P/B Market Cap 52 Week Low/High
ATUL LTD 6736.35 40.98 3.54 19833.00 4882.00 / 8165.25
BASF INDIA LTD 4386.10 31.46 5.41 18985.51 3715.95 / 8748.10
ORIENTAL AROMATICS LTD 336.30 26.31 1.72 1131.77 252.40 / 656.00
DEEPAK FERTILIZERS & PETR 1279.25 18.54 2.84 16148.97 500.85 / 1443.35
Company Name Price P/E P/B Market Cap 52 Week Low/High
ADVANCE PETROCHEMICALS LTD. 171.00 58.56 4.19 15.39 168.50 / 330.00
ATUL LTD 6736.35 43.47 3.58 19833.00 4882.00 / 8165.25
BASF INDIA LTD 4386.10 31.46 5.41 18985.51 3715.95 / 8748.10
ORIENTAL AROMATICS LTD 336.30 23.16 1.71 1131.77 252.40 / 656.00

DEEPAK NITRITE LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
1935.60 -2.60 redarrow
red-green-graph indicator
16 Bearish
0 Bullish
  • 5 Days 1968.40
  • 26 Days 1975.70
  • 10 Days 1970.50
  • 50 Days 2029.90
  • 12 Days 1969.90
  • 100 Days 2174.50
  • 20 Days 1970.50
  • 200 Days 2319.00
1990.73 PIVOT

First Support

1971.77

First Resistance

2006.37

Second Support

1956.13

Second Resistance

2025.33

Third Support

1937.17

Third Resistance

2040.97

RSI

44.97

ADX

11.16

MACD

-5.78

Williams % R

-46.83

Commodity Channel Index (CCI)

-2.95

Date

2025-04-30

Week

71498.00

Same Day

127836.00

Month

92466.00

1 Year

1.09

3 Year

1.04

Over 1 Month

-2.35%

down

Over 1 Year

-20.36%

down

Over 3 Months

-14.83%

down

Over 3 Years

-5.56%

down

Over 6 Months

-28.63%

down

Over 5 Years

30.76%

down

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DEEPAK NITRITE LTD shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
20.85%
Promoter Holdings
49.28%
FII
6.64%
DII
23.22%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Deepak Chimanlal Mehta 2.2535241E7 (16.52%) Shareholding of Promoter and Promoter Group
Life Insurance Corporation Of India 1.2913071E7 (9.47%) Public Shareholding
Stiffen Credits And Capital Pvt Ltd 8437840.0 (6.19%) Shareholding of Promoter and Promoter Group
Checkpoint Credits And Capital Pvt Ltd 7206050.0 (5.28%) Shareholding of Promoter and Promoter Group
Stepup Credits And Capital Pvt Ltd 6915580.0 (5.07%) Shareholding of Promoter and Promoter Group
Stigma Credits And Capital P Ltd 6189000.0 (4.54%) Shareholding of Promoter and Promoter Group
Deepak Novochem Technologies Limited 4648720.0 (3.41%) Shareholding of Promoter and Promoter Group
Kotak Emerging Equity Scheme 4327298.0 (3.17%) Public Shareholding
Skyrose Finvest Pvt Ltd 3829357.0 (2.81%) Shareholding of Promoter and Promoter Group
Franklin India Smaller Companies Fund 3255859.0 (2.39%) Public Shareholding
Mirae Asset Large & Midcap Fund 2620129.0 (1.92%) Public Shareholding
Pranawa Leafin Pvt Ltd 2304000.0 (1.69%) Shareholding of Promoter and Promoter Group
Forex Leafin Pvt Ltd 2169780.0 (1.59%) Shareholding of Promoter and Promoter Group
Nippon Life India Trustee Ltd-a/c Nippon India Small Cap Fund 1761155.0 (1.29%) Public Shareholding
Storewell Credits And Capital Private Ltd 890000.0 (0.65%) Shareholding of Promoter and Promoter Group
Sundown Finvest Pvt Ltd 833300.0 (0.61%) Shareholding of Promoter and Promoter Group
Ila Deepak Mehta 599810.0 (0.44%) Shareholding of Promoter and Promoter Group
Hardik Leafin Pvt Ltd 346000.0 (0.25%) Shareholding of Promoter and Promoter Group
Maulik Deepak Mehta 131300.0 (0.1%) Shareholding of Promoter and Promoter Group
Prahaan Maulik Mehta 36000.0 (0.03%) Shareholding of Promoter and Promoter Group
Ahaana Maulik Mehta 37300.0 (0.03%) Shareholding of Promoter and Promoter Group
Aadya Meghav Mehta 37300.0 (0.03%) Shareholding of Promoter and Promoter Group
Meghav Deepak Mehta 47290.0 (0.03%) Shareholding of Promoter and Promoter Group
Sahay 22420.0 (0.02%) Shareholding of Promoter and Promoter Group

News

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DEEPAK NITRITE LTD corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
27 Jul 2023 7.5 Final 28 Jul 2023 Equity shares
25 Jul 2022 7.0 Final 27 Jul 2022 Equity shares
20 Jul 2021 4.5 Final 23 Jul 2021 Equity shares
20 Jul 2021 1.0 Special 23 Jul 2021 Equity shares
16 Mar 2020 4.5 Interim 17 Mar 2020 Equity shares
19 Jun 2019 2.0 Final 21 Jun 2019 Equity shares
25 Jul 2018 1.3 Final 27 Jul 2018 Equity shares
15 Jun 2017 1.2 Final 19 Jun 2017 Equity shares
28 Jul 2016 1.2 Final 30 Jul 2016 Equity shares
30 Jul 2015 1.0 Final 01 Aug 2015 Equity shares
31 Jul 2014 1.0 Final 04 Aug 2014 Equity shares
23 Jul 2013 8.0 Final 25 Jul 2013 Equity shares
24 Jul 2012 6.0 Final 26 Jul 2012 Equity shares
26 Jul 2011 6.0 Final 28 Jul 2011 Equity shares
22 Jul 2010 5.0 Final 24 Jul 2010 Equity shares
16 Jul 2009 5.0 Final 20 Jul 2009 Equity shares
31 Jul 2008 4.0 Final 04 Aug 2008 Equity shares
07 Sep 2007 4.0 Final 11 Sep 2007 Equity shares
22 Jul 2005 0.0 Final 26 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
23 Jun 2014 20 Jun 2014 1:1
Ex-Date Old FV NEW FV Record Date
20 Jun 2014 10.0 2.0 23 Jun 2014
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
27 Jul 2023 7.5 Final 28 Jul 2023 Equity shares
25 Jul 2022 7.0 Final 27 Jul 2022 Equity shares
20 Jul 2021 4.5 Final 23 Jul 2021 Equity shares
20 Jul 2021 1.0 Special 23 Jul 2021 Equity shares
16 Mar 2020 4.5 Interim 17 Mar 2020 Equity shares
19 Jun 2019 2.0 Final 21 Jun 2019 Equity shares
25 Jul 2018 1.3 Final 27 Jul 2018 Equity shares
15 Jun 2017 1.2 Final 19 Jun 2017 Equity shares
28 Jul 2016 1.2 Final 30 Jul 2016 Equity shares
30 Jul 2015 1.0 Final 01 Aug 2015 Equity shares
31 Jul 2014 1.0 Final 04 Aug 2014 Equity shares
23 Jul 2013 8.0 Final 25 Jul 2013 Equity shares
24 Jul 2012 6.0 Final 26 Jul 2012 Equity shares
26 Jul 2011 6.0 Final 28 Jul 2011 Equity shares
22 Jul 2010 5.0 Final 24 Jul 2010 Equity shares
16 Jul 2009 5.0 Final 20 Jul 2009 Equity shares
31 Jul 2008 4.0 Final 04 Aug 2008 Equity shares
07 Sep 2007 4.0 Final 11 Sep 2007 Equity shares
22 Jul 2005 0.0 Final 26 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
23 Jun 2014 20 Jun 2014 1:1
Ex-Date Old FV NEW FV Record Date
20 Jun 2014 10.0 2.0 23 Jun 2014

Deepak Nitrite share result highlights

In the second quarter of FY2024-25, Deepak Nitrite reported a consolidated net profit of ₹194.19 crore, a 5.31% decrease from ₹205.08 crore in the same period last year. Revenue increased by 14.38% year-over-year to ₹2,053.27 crore. The decline in net profit is attributed to higher operating expenses and increased raw material costs. Despite the profit dip, the revenue growth reflects strong demand across product segments. These financial results have influenced the Deepak Nitrite share price, reflecting market reactions to the company's performance.

Deepak Nitrite share annual reports

Deepak Nitrite's annual reports provide comprehensive insights into its financial health, strategic initiatives, and operational performance. The reports highlight consistent revenue growth, expansion into new markets, and a focus on innovation. They also detail the company's commitment to sustainability and corporate governance. These factors collectively influence investor confidence and play a significant role in determining the Deepak Nitrite share price.

Deepak Nitrite share dividend

Deepak Nitrite maintains a consistent dividend policy, reflecting its strong financial position and commitment to shareholder returns. The company has a history of regular dividend payouts, balancing profit distribution with reinvestment for future growth. This approach ensures sustainable returns for investors and positively impacts the Deepak Nitrite share price by enhancing investor confidence and demonstrating financial stability.

Popular FAQs

Who is the CEO of Deepak Nitrite Ltd?

The CEO of Deepak Nitrite Ltd is Mr. Maulik Mehta. Under his leadership, the company focuses on strategic growth and operational efficiency, factors that influence the Deepak Nitrite share price.

 

When was Deepak Nitrite Ltd established?

Deepak Nitrite Ltd was established in 1970. Over the decades, it has evolved into a leading chemical manufacturing company in India, with its performance reflected in the Deepak Nitrite share price.

 

What factors influence Deepak Nitrite Ltd share price fluctuations?

The Deepak Nitrite share price is influenced by various factors, including the company's financial performance, industry trends, raw material costs, and macroeconomic conditions. Market sentiment and regulatory changes also play significant roles in share price fluctuations.

 

Is Deepak Nitrite debt free?

Deepak Nitrite maintains a manageable level of debt, ensuring financial stability. The company's prudent financial management positively impacts investor confidence and the Deepak Nitrite share price.

 

What is the CAGR of Deepak Nitrite share?

The Compound Annual Growth Rate (CAGR) of the Deepak Nitrite share price over the past five years has been approximately 25%, reflecting the company's consistent financial performance and strategic growth initiatives.

 

How has the Deepak Nitrite share price performed over the past year?

Over the past year, the Deepak Nitrite share price has exhibited a positive trend, driven by strong quarterly results, strategic partnerships, and expansion into new markets. The company's focus on innovation and operational efficiency has further contributed to this upward trajectory.

DEEPAK NITRITE LTD Share Price

Deepak Nitrite Limited (DNL) is a prominent chemical manufacturing company. The Company manufactures Advanced Intermediates. It has a diversified portfolio of chemical intermediates that cater to various end-user industries and falls under Strategic Business Units (SBUs) of Basic Chemicals (BC), Fine and Speciality Chemicals (FSC) and Performance Products (PP). Its manufacturing facilities are located at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and Hyderabad in Telengana. Even as the operations are now predominantly domestic, it enjoys significant footprint offshore, especially into Europe, USA, Japan, Latin America, South East, and Far-East Asia - an export network spanning over 45 countries.

Deepak Nitrite Limited was incorporated on June 06th, 1970. During the year the 1984-1985, the company started to manufacture 3000 TPA concentrated nitric acid and in the same year the company commissioned its hexamine plant. During the year, the company acquired 31 acres of land in village Kareli in District Bharuch. During the year 1986-1987, the company started the production of new items namely, Guanidine Nitrate and Hydroxylamine Sulphate.

During the year the 1987-89, the company commissioned of the second CAN plant. During the year 1994-1995, the company successfully achieved rated capacity utilization for the whole year the Nitroaromatic plant's capacity being enhanced in a phased manner and in the same year the company developed a new hydrogenation plant being set up at Taloja.

During the year 1995-1996, the company's Sahyadri Dyestuffs & Chemical Division developed new product for exclusive customers in Europe and USA. During the year 1996-1997, the company's Taloja Chemical division established the plant for Hydrogenation of Nitromatics at Taloja and started commercial production of Toluidines.

During the year 1999-2000, the company acquired 68.76 % equity capital of Aryan Pesticides Ltd (APL). In the same year, the company increased installed capacity of Nitro Aromatics from 16,500 MTS to 19,000 MTS. During the year 2000-2001, the company's Taloja Chemical division commissioned the second stream of hydrogenation thereby giving an additional capacity. Also, the company increased the installed capacity of Aromatics Amines from 4500 MTS to 6,600 MTS.

During the year 2003-2004, Aryan Pesticides Ltd amalgamated with Deepak Nitrite Limited with effect from 31 March 2004. During the year 2004-2005, the company increased installed capacity of Inorganic Salts from 36,100 MTS to 36,430 MTS, Nitro Aromatics from 20,000 MTS to 24,000 MTS and Aromatics Amines from 6,600 MTS to 9,600MTS.

During 2006-07, the company acquired the DASDA business of Vasant Chemical Limited, with effect from 1 August 2006 on a going concern basis, for a consideration of Rs. 55 crores.

In 2010, the company launched products in the Fuel Additive Space. The company commenced first stream for commercial production of Optical Brightening Agent (OBA) for the year ended 2013.

During the financial year ended 31 March 2014, Deepak Nitrite registered its highest ever turnover of Rs 1,269.62 crore. During the year, your company decided to realign its operations into Strategic Business Units (SBUs) to intensify focus on individual businesses to drive accelerated growth of top and bottom line. The company's present business segments of Organic Intermediates, Inorganic Intermediates and Fine & Speciality Chemicals will be reorganised into three SBUs, viz. (i) Bulk Commodities & Chemicals, (ii) Fine & Speciality Chemicals and (iii) Fluorescent Whitening Agent (FWA).

The Brownfield expansion at the company's Nandesari facility was commissioned in June 2013 and commenced commercial production during the first half of FY 2013-14. This expansion has enhanced the production capacity for Inorganic Salts in which the company is the market leader in India.

During the year under review, Deepak Nitrite incorporated a wholly owned subsidiary Deepak Nitrite Corporation, LLC in North Carolina, USA to take care of marketing & operations part of customers in Northern and Southern American region.

During the financial year ended 31 March 2015, Deepak Nitrite's Greenfield Plant at Dahej, Dist. Bharuch in the State of Gujarat, for manufacturing Optical Brightening Agents (OBA) was fully commissioned.

With a view to broadbase the investor base by encouraging the participation of the small investors and also to increase the liquidity of Equity Shares of the company, the Board of Directors of Deepak Nitrite at its meeting held on May 2, 2014 have recommended the sub-division of each Equity Share of face value of Rs. 10/- of the company into 5 Equity Shares of face value Rs. 2/- each.

The Board of Directors at their meeting held on May 2, 2014 have recommended the issue of Bonus Shares in the proportion of 1 new Equity Share of Rs. 2/- each fully paid-up for every 1 existing Equity Share of Rs. 2/- each of the company (post-sub-division of the Equity Share Capital of the company) held by the shareholders on the Record Dates to be fixed by the Board / Committee of the Board.

The company's Board of Directors at their meeting held on May 2, 2014 decided to repay all the Fixed Deposits accepted by the company along with the interest thereon and accordingly, all the Fixed Deposits outstanding as on April 1, 2014 along with interest thereon have been repaid by your Company during the Financial Year.

The Board of Directors of Deepak Nitrite's at their meeting held on August 7, 2014 approved to undertake a Greenfield project for manufacturing Phenol and Acetone at Dahej, in the State of Gujarat. The said Project is to be funded with a mix of Debt and Equity of 60:40 and is being implemented through the company's Wholly Owned Subsidiary Company - Deepak Phenolics Limited. The capacity of the Phenol Plant shall be 200,000 TPA and that of co-product Acetone shall be 120,000 TPA. Phenol is widely used in the manufacturing of various commercial products and finds applications in Laminates, Foundry, Automobile lining, etc. while Acetone finds applications in Pharmaceuticals, Paints, and Adhesives & Thinners etc. Currently, a majority of India's Phenol and Acetone requirement is met by imports.

In order to raise the funds for the proposed Phenol and Acetone Project at Dahej, Deepak Nitrite's Board of Directors at their meeting held on January 22, 2015 approved issuance of Equity Shares for an aggregate amount upto Rs 200 crores on private placement basis through Qualified Institutions Placement (QIP).

Deepak Nitrite launched a special grade of Sodium Nitrite for exports market in FY 2015-16.

During the financial year ended 31 March 2016, Deepak Nitrite strengthened its Fine & Speciality Chemicals segment by successfully foraying into high-potential and fast-growing segments of pharma and personal care intermediates. Within pharma and personal care, the company started offering multiple new drug intermediates for which it received favourable response from multinational companies. During the year, deeper customer engagement in Fluorescent Whitening Agent (FWA) segment and finalisation of the plan for Phenol & Acetone project has been other notable achievements.In order to monetise the value of the company's unutilised assets and improve shareholders value by freeing up capital to facilitate growth, the company's Board of Directors had approved the sale of freehold land and surrender / assignment of leasehold rights in respect of lands situated at Sinhagad Road, Pune, Maharashtra. During April 2016, the said transactions were concluded for a total consideration of Rs 79.26 crore.

During FY 2015-16, Deepak Nitrite offered Equity Shares to the Qualified Institutional Buyers (QIBs) on private placement basis through Qualified Institutions Placement (QIP). Accordingly, 11,750,000 Equity Shares of Rs 2/- each were allotted to QIBs on January 6, 2016 at an issue price of Rs 70.90 per Equity Share (including premium of Rs 68.90 per Equity Share). The QIP issue proceeds aggregating to Rs 83.31 crore will be utilized in accordance with the objects stated in the offer document.

During the financial year ended 31 March 2017, Deepak Nitrite encountered multiple headwinds in the form of temporary closure of one of the three units at its Hyderabad facility due to excessive flooding and the resulting issues related to pollution. In October 2016, Deepak Nitrite faced an accidental fire at one of the distillation columns of the manufacturing facility at Roha, which impacted the performance.

During the year under review, the company leveraged its strength to switch to enhance the volumes of value added products to mitigate impact from down-cycle of existing product categories. Towards the end of the year, there was some disruption in demand in end-user industries of certain customers as a result of the demonetisation initiative.

There were several positives as the company witnessed encouraging demand in some of its key products and witnessed favourable trends in newer products launched in the complementary sub-segments. The company was able to incorporate a turnaround in its performance in the fourth quarter driving a rapid recovery from impact of the developments which took place in the third quarter through diversification in products, geographies, customer segments and end-user industries.

As a part of ongoing transformation, the company has during the year renamed its Bulk Chemicals and Commodity segment as Basic Chemicals' and the Fluorescent Whitening Agents segment as Performance Products' segment. With this, the product portfolio now comprises of expanded range of offerings thereby helping the company to further strengthen its position in the market.

During FY 2016-17, Deepak Nitrite offered Equity Shares to the Qualified Institutional Buyers (QIBs) on private placement basis through Qualified Institutions Placement (QIP), in accordance with Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. Accordingly, 1,44,23,076 Equity Shares of Rs 2/- each were allotted to QIBs on March 7, 2017 at an issue price of Rs 104 per Equity Share (including premium of Rs 102 per Equity Share). The QIP issue proceeds aggregating to Rs 150 crores will be utilised in accordance with the objects stated in the offer document.

In October 2016, Deepak Nitrite had faced an accidental fire at one of the distillation columns of the manufacturing facility at Roha, which had impacted the performance. During the financial year ended 31 March 2018, all the units at Roha resumed full operations which enabled the company to deliver balanced growth with contribution from all the three Strategic Business Units (SBUs), thereby recovering from the one-off events that occurred last year.

During FY 2017-18, Deepak Nitrite received Rs 7.50 crores as an interim payment against insurance claims due to fire at one of the distillation columns of the manufacturing facility at Roha.

During the year under review, the company undertook several initiatives to fortify its offerings by increasing integration of manufacturing process for select high value products in the Fine & Speciality Chemicals (FSC) segment and has received regulator's clearances for commencing operations, which will enable the company to further enhance profitability.

During FY 2017-18, Deepak Nitrite's wholly owned subsidiary Deepak Phenolics Limited (DPL) started seed marketing of Phenol/Acetone.

During FY 2017-18, Deepak Nitrite offered Equity Shares to the Qualified Institutional Buyers (QIBs) on private placement basis through Qualified Institutions Placement (QIP). Accordingly, 56,81,775 Equity Shares of Rs 2/- each were allotted to QIBs on January 30, 2018 at an issue price of Rs 264/- per Equity Share (including share premium of Rs 262/- per Equity Share). The QIP issue proceeds aggregating to Rs 150 Crores will be utilized in accordance with the objects stated in the offer document.

During FY 2017-18, Deepak Nitrite sold 77,500 shares held in Deepak Gulf LLC (DGL), a limited liability company incorporated in the Sultanate of Oman, being 31% of total share capital of DGL. Post the said transaction; Deepak Nitrite's shareholding in DGL is 45,000 shares, representing 18% total share capital of DGL. Consequently, DGL ceased to be Associate of Deepak Nitrite with effect from March 16, 2018.

During FY 2018-19, Deepak Phenolics Limited (DPL), commenced commercial production at a plant at Dahej to manufacture 200,000 MTPA of Phenol and 120,000 MTPA of its co-product Acetone on November 1, 2018.

During the year 2019, the Company entailed a capital expenditure of around Rs 67 Crore towards Brownfield expansions in Basic Chemicals and Fine & Specialty Chemicals segments, to enhance capacities of major products and also towards increasing operational efficiencies. It achieved a key milestone by replacing the bulk of imports of Phenol and Acetone in the local market having a market share of around 55% in the country. It has been producing and selling pharma grade acetone.

In FY 2019-20, Deepak Phenolics Limited (DPL), a subsidiary, completed its operations of about 90% capacity utilisation, a testament to plant operators and domestic customers' desire to partner with an Indian supplier.

During the Financial Year 2020-21, Company commenced land development at its newly procured site in Dahej, which is approximately 127 acres. In April 2020, Deepak Phenolics Limited (DPL), subsidiary of the Company, commissioned commercial production of IPA plant at Dahej. With effect from October 9, 2020, it had established a wholly-owned subsidiary, Deepak Clean Tech Limited' (DCTL), to produce chemical and pharma intermediate products, interwoven with their existing products and process chemistry knowledge, also towards creating new platforms like fluorination and photochlorination.

In FY'22, Company commenced the production of Isopropyl Alcohol (IPA) at its manufacturing facility in Dahej and doubled production capacity to 60,000 MTPA. It commissioned a brownfield expansion project of IPA at Nandesari, Roha and Taloja plants in Dec' 21.

During 2022-23, the Company commissioned the installation of Sulfuric Acid Concentration (SAC) unit at Nandesari Plant; undertook debottlenecking and commissioning of capacity of Phenol plant.

During the year 2024, the Company commissioned BTF plant Operations in March 2024 at Dahej, Gujarat. It also commissioned the Fluorination Plant in Dahej in 2023-24. On August 11, 2023, Company acquired 31.72% equity stake in Deepak Oman Industries LLC (SFZ) (DOIL) by subscribing to 7,70,000 equity shares of OMR 1 each for the consideration of Rs 16.55 Crores. Further, on March 20, 2024 , Company acquired, through acquisition as well as by way of subscription, additional 19.28% equity stake in DOIL i.e. 4,95,824 equity shares of OMR 1 each for the consideration of Rs 10.69 Crores. Thereby, DOIL was treated as an Associate up to March 19, 2024 and Subsidiary thereafter during the period ended March 31, 2024.

Parent organization C K Mehta
NSE symbol DEEPAKNTR
Founded 1970
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Frequently Asked Questions

What is the Share Price of Deepak Nitrite Ltd?

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The share price of Deepak Nitrite Ltd for NSE is ₹ 1935.6 and for BSE is ₹ 1926.9.

What is the Market Cap of Deepak Nitrite Ltd?

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The market cap of Deepak Nitrite Ltd for NSE is ₹ 2,64,00.33 Cr. and for BSE is ₹ 2,62,81.66 Cr. as of now.

What is the 52 Week High and Low of Deepak Nitrite Ltd?

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The 52 Week High and Low of Deepak Nitrite Ltd for NSE is ₹ 3169.00 and ₹ 1782.00 and for BSE is ₹ 3168.65 and ₹ 1780.50.

How to Buy Deepak Nitrite Ltd share?

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You can trade in Deepak Nitrite Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Deepak Nitrite Ltd?

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The 1 year returns on the stock has been -18.67%.

What is the Current Share Price of Deepak Nitrite Ltd?

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Deepak Nitrite Ltd share price is for NSE ₹ 1935.6 & for BSE ₹ 1926.9 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Deepak Nitrite Ltd Share?

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The market cap of Deepak Nitrite Ltd for NSE ₹ 2,64,00.33 & for BSE ₹ 2,62,81.66 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Deepak Nitrite Ltd Share?

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As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Deepak Nitrite Ltd share is 77.91.

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As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Deepak Nitrite Ltd share is 224.10.

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