DEEPAKNTRChemicals

Deepak Nitrite Limited

Specialty Chemicals · ISIN INE288B01029 · BSE 506401 · NSE EQ · FV ₹2
Last price
₹1,605
+0.90%today
What this company does

Deepak Nitrite Limited operates in Specialty Chemicals, part of the Chemicals sector. It booked ₹2,578 cr of revenue in its latest quarter (Q1 FY27) and kept 13.4% of sales as profit. It is the 4th largest of 9 Specialty Chemicals companies we track, by market value.

Outlook: Looking ahead, demand conditions are expected to These products finds applications in rubber improve gradually as inventory levels normalise and end-user chemicals, paints, and mining industries industries stabilise. However, the pace of recovery remains uncertain and is likely to be gradual.
Their stated vision

to be a “Global Strategic Partner of Choice”, and mitigating supply chain risks across its procurement the policy promotes collaboration with our global supplier operations.

In the report:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 35–44 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
38

At close. Not part of the score.

Profitability & returns75

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality51

Whether reported profit actually arrives as cash

Growth & consistency53

Whether sales and profit have grown, and how steadily

Valuation65

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 36% vs last year
Profit up 208% vs last year
Promoters hold 49%
No promoter shares pledged
Strong 24% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in DEEPAKNTR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,605 +0.90%
latest close · 2026-09-17
1-year return
-23.1%
52-wk low ₹1,54652-wk high ₹3,020
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio15.9Average
LowAverageHigh
P/B ratio3.75High
Below bookModerateHigh
EV / EBITDA10.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.6%Strong
WeakFairStrong ▸15%
Return on capital26.5%Strong
WeakFairStrong
Net margin13.4%Decent
ThinDecentStrong
EBITDA margin21.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.26Comfortable
LowModerateHigh ▸1
Interest cover21.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.40Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹21,889 cr
Book value
₹428
EPS
₹25.30
latest quarter
Net debt
₹1,285 cr
owes more than its cash
Enterprise value
₹23,174 cr
EBITDA
₹2,217 cr
annualised
EBIT
₹1,962 cr
annualised
Operating margin
19.0%
Return on assets
15.9%
Earnings yield
6.31%
P/S
2.12
Sales / share
₹755.9
Tax rate
26.2%
Face value
₹2
Shares
13.6 cr
Working capital
₹1,791 cr
Current assets
₹3,069 cr
Current liabilities
₹1,279 cr
Delivery %
53.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹450₹721, midpoint ₹486

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,578 cr
Other Income₹14 cr
Total Income₹2,592 cr
Cost of Materials₹1,581 cr
Purchases of Stock-in-Trade₹61 cr
Inventory Change (±)₹-14 cr
Employee Benefit Expense₹118 cr
Finance Costs₹23 cr
Depreciation & Amortisation₹64 cr
Other Expenses₹291 cr
Total Expenses₹2,124 cr
Profit before Tax₹468 cr
Tax Expense₹123 cr
Net Profit₹345 cr
Net margin on total income13.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,628 cr62.8%
Employee benefit expense₹118 cr4.6%
Finance costs₹23 cr0.9%
Depreciation & amortisation₹64 cr2.5%
Other expenses₹291 cr11.2%
Tax expense₹123 cr4.7%
Profit for the period₹345 cr13.3%
Total income ₹2,592 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,975 cr2,120 cr2,578 cr
Total income1,983 cr2,127 cr2,592 cr
Expenses1,833 cr1,826 cr2,124 cr
Profit before tax138 cr301 cr468 cr
Tax38 cr82 cr123 cr
Net profit (owners' share)100 cr220 cr345 cr
Net margin (owners' share, on revenue)5.1%10.4%13.4%
EPS (₹)7.3216.1125.30
YoY (latest quarter): total income +35.4% · net profit +207.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹8,681 cr
Shareholder equity
₹5,837 cr
parent shareholders
Total debt
₹1,528 cr
Cash
₹243 cr
Cash flow · H1 FY26
Operating
₹204 cr
Investing
₹-215 cr
Financing
₹-146 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limitedthis company₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.47%
trailing 12 months
Dividend / share (TTM)
₹7.5
Last dividend
₹7.5
ex 27 Jul 2026
ActionDetailEx-date
Dividend₹7.5 / share27 Jul 2026
Dividend₹7.5 / share4 Aug 2025
Dividend₹7.5 / share29 Jul 2024
Dividend₹7.5 / share27 Jul 2023
Dividend₹7 / share25 Jul 2022
Dividend₹1 / share20 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
49.3%
FII / Foreign
6.3%
DII / Domestic
23.8%
Retail / others
20.6%
Promoter stake up 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBinarius Infra Private Limited · Promoter Group15,400 · ₹2.0 cr30 Mar 26
BoughtBinarius Infra Private Limited · Promoter Group15,400 · ₹2.0 cr30 Mar 26
BoughtStepup Credits and Capital Private Limited · Promoter Group6,762 · ₹1.1 cr18 Dec 25
Bulk / block deals
short · NSE10126 Aug 26
short · NSE12125 Aug 26
short · NSE2005 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 7.08% · 28.11 L11 Jul 23
BoughtDeepak Novochem Technologies Limited · promoter→ 3.41% · 46.49 L27 Feb 23
SoldFranklin Templeton Mutual Fund→ 3.13% · 25,0006 Apr 21
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 14 Aug 2025
See the official result
1
To receive, consider, approve and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors’ and the Auditor’s thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.82 cr votes for, 72 against · 0% of mutual funds and other big investors said no
2
To receive, consider, approve and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with Report of the Auditor’s thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.82 cr votes for, 66 against · 0% of mutual funds and other big investors said no
3
To declare dividend of ₹ 7.50 (Rupees Seven and Paisa Fifty only), being 375%, per equity share of face value of ₹ 2.00 (Rupees Two only) each for the Financial Year ended March 31, 2025.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
3.82 cr votes for, 60 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Shri Maulik Mehta (DIN: 05227290), who retires by rotation at this Annual General Meeting, in terms of Section 152(6) of the Companies Act, 2013 and being eligible, has offered himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
3.78 cr votes for, 3.63 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 49.4% between them · as of 2026-06-30
Deepak Chimanlal Mehta16.56%
Stiffen Credits And Capital Pvt Ltd6.19%
Checkpoint Credits And Capital Pvt Ltd5.28%
Stepup Credits And Capital Pvt Ltd5.08%
Stigma Credits And Capital P Ltd4.54%
Deepak Novochem Technologies Limited3.41%
Skyrose Finvest Pvt Ltd2.81%
Pranawa Leafin Pvt Ltd1.69%
Business done with them
FY2025 · 10 of the group
The company paid ₹66 cr to companies in the promoter group last year — about 0.8% of its ₹8,282 cr revenue and received ₹28 cr back from them.
DEEPAK CHIMANLAL MEHTA
Other payments to them · Transactions During theYear
also owns 16.56% of the company
₹44 cr
company paid
DEEPAK NOVOCHEM TECHNOLOGIES LIMITED
Sold goods to them · Transactions During theYear
also owns 3.41% of the company
₹28 cr
company received
STIFFEN CREDITS AND CAPITAL PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 6.19% of the company
₹6 cr
company paid
STEPUP CREDITS AND CAPITAL PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 5.08% of the company
₹5 cr
company paid
DEEPAK NOVOCHEM TECHNOLOGIES LIMITED
Other payments to them · Transactions During theYear
also owns 3.41% of the company
₹3 cr
company paid
SKYROSE FINVEST PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 2.81% of the company
₹3 cr
company paid
PRANAWA LEAFIN PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 1.69% of the company
₹2 cr
company paid
FOREX LEAFIN PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 1.59% of the company
₹2 cr
company paid
STOREWELL CREDITS AND CAPITAL PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 0.65% of the company
₹67 L
company paid
SUNDOWN FINVEST PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 0.61% of the company
₹62 L
company paid
HARDIK LEAFIN PRIVATE LIMITED
Other payments to them · Transactions During theYear
also owns 0.25% of the company
₹26 L
company paid
DEEPAK NOVOCHEM TECHNOLOGIES LIMITED
Provided services to them · Transactions During theYear
also owns 3.41% of the company
₹7 L
company received
DEEPAK NOVOCHEM TECHNOLOGIES LIMITED
Bought goods from them · Transactions During theYear
also owns 3.41% of the company
₹5 L
company paid

The company also transacted with 21 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.