Deepak Nitrite Ltd
NSE: DEEPAKNTR · Specialty Chemicals · sector
₹1,442.50NSE close 2026-10-26
Key numbers
Market cap₹19,676 cr
Price₹1,442.50
52w high / low₹1,898 / ₹1,280
P/E25.1xSector median 22.6x
P/B3.4xSector median 2.6x
Book value₹427.9
Dividend yield0.52%Sector median 0.60%
ROE14.0%Sector median 10.6%
ROCE15.3%Sector median 12.9%
OPM15.4%Sector median 12.1%
Debt / equity0.26xSector median 0.18x
EV/EBITDA15.7xSector median 15.1x
Interest cover18.6x
Current ratio2.40x
Sales growth 3y-0.4%Sector median +5.0%
Profit growth 3y-13.6%Sector median +0.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹464 cr vs borrowings ₹1,528 cr (FY26): borrowings are higher by ₹1,064 cr.
- Borrowings rose in each of the last 3 years (₹54 cr → ₹1,528 cr).
- Operating profit covered interest 18.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 6% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,442.50 on 2026-10-26: -24.0% from the 52-week high, +12.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2,932.60 · low ₹1,317.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,032 | 1,903 | 2,180 | 1,890 | 1,902 | 1,975 | 2,120 | 2,578 |
| EBITDA | 298 | 169 | 317 | 190 | 204 | 198 | 376 | 540 |
| OPM % | 14.6% | 8.9% | 14.5% | 10.0% | 10.7% | 10.0% | 17.7% | 21.0% |
| Other income | 21 | 21 | 23 | 25 | 20 | 8 | 7 | 14 |
| Net profit | 194 | 98 | 202 | 112 | 119 | 100 | 220 | 345 |
| EPS (₹) | 14.24 | 7.19 | 14.84 | 8.23 | 8.71 | 7.32 | 16.11 | 25.30 |
| Revenue YoY | -6.4% | +3.8% | -2.7% | +36.4% | ||||
| Profit YoY | -38.7% | +1.7% | +8.6% | +207.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 6,802 | 7,972 | 7,682 | 8,282 | 7,887 | 8,575 |
| EBITDA | 1,604 | 1,289 | 1,203 | 1,092 | 968 | 1,319 |
| Net profit | 1,067 | 852 | 809 | 697 | 551 | 783 |
| EPS (₹) | 78.20 | 62.47 | 59.45 | 51.12 | 40.36 | 57.44 |
| Revenue growth | +17.2% | -3.6% | +7.8% | -4.8% | +7.1% | |
| Profit growth | -20.1% | -5.1% | -13.8% | -21.0% | +29.2% | |
| Dividend / share (₹) | 4.50 | 7.00 | 7.50 | 7.50 | 7.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.4% | +12.6% | +7.1% |
| Net profit | -13.5% | -6.6% | +29.2% |
| EPS | -13.6% | -6.6% | – |
| Share price | – | -26.3% (2y) | -14.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 4,090 | 4,797 | 5,389 | 5,837 |
| Borrowings | – | 54 | 217 | 1,171 | 1,528 |
| Cash & equivalents | – | 417 | 585 | 914 | 464 |
| Total assets | – | 5,129 | 6,096 | 7,718 | 8,681 |
| Fixed assets | – | 1,914 | 2,243 | 2,400 | 3,210 |
| Capital work in progress | – | 283 | 774 | 1,649 | 1,828 |
| Investments | – | 2 | 3 | 3 | 18 |
| Receivables | – | 1,310 | 1,298 | 1,274 | 1,506 |
| Inventory | – | 893 | 760 | 926 | 862 |
| Payables | – | 662 | 582 | 522 | 534 |
Year-end figures from the March annual filing.
Cash flow
| ₹ 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 | 44 | 806 | 193 |
| Capex | 187 | 361 | 772 | 1,136 | 1,198 |
| Free cash flow | 637 | 289 | 106 | -512 | -659 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 20.8% | 16.9% | 12.9% | 9.4% |
| ROCE % | – | 28.2% | 22.2% | 14.9% | 10.9% |
| Debtor days | – | 60 | 62 | 56 | 70 |
| Inventory days | – | 61 | 53 | 58 | 57 |
| Payable days | – | 45 | 41 | 33 | 35 |
| Cash conversion cycle (days) | – | 76 | 74 | 81 | 92 |
| Working capital days | – | 89 | 98 | 105 | 83 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 49.39% |
| FIIs | 6.40% |
| DIIs | 22.50% |
| of which Mutual funds | 11.98% |
| of which Insurance | 10.49% |
| Government | 0.00% |
| Public (non-institutions) | 21.71% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 49.24% | 49.28% | 49.28% | 49.28% | 49.33% | 49.33% | 49.34% | 49.39% |
| Promoter group | % |
|---|---|
| Deepak Chimanlal Mehta | 16.61% |
| Stiffen Credits And Capital Pvt Ltd | 6.19% |
| Checkpoint Credits And Capital Pvt Ltd | 5.28% |
| Stepup Credits And Capital Pvt Ltd | 5.08% |
| Stigma Credits And Capital P Ltd | 4.54% |
| Deepak Novochem Technologies Limited | 3.41% |
| Skyrose Finvest Pvt Ltd | 2.81% |
| Pranawa Leafin Pvt Ltd | 1.69% |
| Forex Leafin Pvt Ltd | 1.59% |
| Storewell Credits And Capital Private Ltd | 0.65% |
| Sundown Finvest Pvt Ltd | 0.61% |
| Ila Deepak Mehta | 0.44% |
| Hardik Leafin Pvt Ltd ' | 0.25% |
| Maulik Deepak Mehta | 0.10% |
| Meghav Deepak Mehta | 0.03% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation Of India | 9.47% |
| Kotak Midcap Fund | 3.36% |
| Franklin India Small Cap Fund | 2.01% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 1.98% |
| Sbi Multi Asset Allocation Fund | 1.87% |
| Icici Prudential Multi Cap Fund | 1.06% |
3,81,215 shareholders. Pledged: 0.00% of promoter shares.
Peers in Specialty Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PIDILITIND | ₹1,50,431 cr | 56.8x | 13.9x | 25.7% | 33.4% | 24.5% | +7.4% | 1.01% |
| FLUOROCHEM | ₹46,168 cr | 75.4x | 5.9x | 8.1% | 10.0% | 25.6% | -4.2% | 0.07% |
| NAVINFLUOR | ₹39,306 cr | 49.7x | 9.9x | 23.9% | 22.2% | 33.7% | +16.8% | 0.18% |
| DEEPAKNTR | ₹19,676 cr | 25.1x | 3.4x | 14.0% | 15.3% | 15.4% | -0.4% | 0.52% |
| AETHER | ₹19,529 cr | 82.8x | 8.0x | 10.1% | 11.4% | 30.9% | +21.2% | – |
| ATUL | ₹15,762 cr | 19.8x | 2.5x | 11.9% | 16.9% | 17.9% | +7.9% | 0.47% |
| AARTIIND | ₹15,539 cr | 29.3x | 2.6x | 9.2% | 8.0% | 14.9% | +7.8% | 0.24% |
| FINEORG | ₹15,328 cr | 35.0x | 5.8x | 17.7% | 21.3% | 21.7% | -7.8% | 0.22% |
| BASF | ₹13,174 cr | 20.5x | 3.3x | 16.9% | 22.0% | 5.9% | +3.1% | 0.66% |
| PRIVISCL | ₹13,109 cr | 37.5x | 9.3x | 27.6% | 22.6% | 24.9% | +16.8% | 0.15% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Phenolics | ₹5,401 cr | 67.9% | ₹695 cr | 12.9% |
| Advanced Intermediates | ₹2,553 cr | 32.1% | ₹107 cr | 4.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-27 | Dividend | Dividend - Rs 7.50 Per Share |
| 2025-08-04 | Dividend | Dividend - Rs 7.50 Per Share |
| 2024-07-29 | Dividend | Annual General Meeting/Dividend - Rs 7.50 Per Share |
| 2023-07-27 | Dividend | Annual General Meeting/Dividend - Rs 7.50 Per Share |
| 2022-07-25 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Sh |
| 2021-07-20 | Dividend | Annual General Meeting/Dividend - Rs 4.50 Per Share/ Special Dividend - Re 1 Per Share |
| 2020-07-29 | Other | Annual General Meeting |
| 2020-03-16 | Dividend | Interim Dividend - Rs 4.50 Per Share |
| 2019-06-19 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2018-07-25 | Dividend | Annual General Meeting/Dividend- Rs 1.30 Per Share |
| 2017-06-15 | Dividend | Annual General Meeting/Dividend - Rs 1.20/- Per Share |
| 2016-07-28 | Dividend | Annual General Meeting/Dividend - Rs 1.20/- Per Share |
| 2015-07-30 | Dividend | Annual General Meeting/Dividend - Re 1/- Per Share |
| 2014-07-31 | Dividend | Annual General Meeting /Dividend Re.1 Per Share |
| 2014-06-20 | Split | Bonus 1 : 1 / Face Value Split From Rs 10/- Each To Rs 2/- Each |
| 2013-07-23 | Dividend | Annual General Meeting / Dividend - Rs 8/- Per Share |
| 2012-07-24 | Dividend | Annual General Meeting And Dividend Rs.6/- Per Share |
| 2011-07-26 | Dividend | Annual General Meeting And Dividend Rs.6/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of Chemicals: Manufacturing, Trading of Chemicals
| Sector | Commodities |
| Industry | Specialty Chemicals |
| Sub-industry | Specialty Chemicals |
| Symbol | DEEPAKNTR |
| BSE code | 506401 |
| ISIN | INE288B01029 |
| Face value | ₹2.0 |
| Incorporated | 1970-06-06 |
| Website | www.godeepak.com |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.