Deepak Nitrite Ltd.

NSE: DEEPAKNTR · Chemicals

₹1,533.60-0.67%06 Nov 2026

Ask the data

Instant answers about Deepak Nitrite Ltd. — computed from its filings, no language model

Market cap₹20,918 cr

Current price₹1,533.60

High / Low₹1,876 / ₹1,287

P/E19.7

P/B3.23

Book value₹474.8

ROE16.4%

ROCE18.8%

Debt / equity0.26

Dividend yield0.49%

EPS (TTM)₹77.88

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	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
EBITDA	306	1,026	1,247	1,604	1,289	1,123	1,092	981
Operating margin	17.1%	24.3%	28.6%	23.6%	16.2%	14.6%	13.2%	12.4%
Interest	43	115	74	34	25	12	28	46
Depreciation	53	140	153	178	166	166	195	225
Profit before tax	212	806	1,042	1,434	1,146	1,102	953	757
Tax	74	195	266	368	294	291	255	206
Net profit	138	607	776	1,067	852	809	697	551
EPS ₹	10.12	44.80	56.88	78.20	62.47	59.45	51.12	40.36
Operating cash flow	—	—	—	824	650	878	625	539
Capex	—	—	—	187	361	772	1,136	1,198
Dividend paid	—	—	—	75	95	102	102	102
Total assets	2,928	3,209	3,560	4,430	5,129	6,096	7,718	8,681
Equity	1,072	1,572	2,347	3,338	4,090	4,797	5,389	5,837

Quarterly performance

last 31 quarters · ₹ crore

showing latest 8 of 31 periods

	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	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	486	1,051	1,003	1,120	1,056	674	987	1,235	1,463	1,526	1,681	1,722	1,872	2,058	1,962	1,991	1,961	1,768	1,778	2,009	2,126	2,167	2,032	1,903	2,180	1,890	1,902	1,975	2,120	2,578	3,076
Operating profit	109	254	250	258	262	182	276	335	455	452	387	352	410	356	271	315	348	210	302	305	301	309	298	169	317	190	204	211	376	540	627
Operating margin	22.4%	24.2%	25.0%	23.1%	24.8%	26.9%	27.9%	27.1%	31.1%	29.6%	23.0%	20.4%	21.9%	17.3%	13.8%	15.8%	17.7%	11.9%	17.0%	15.2%	14.2%	14.3%	14.6%	8.9%	14.5%	10.0%	10.7%	10.7%	17.7%	21.0%	20.4%
Other income	2	12	8	15	2	7	4	5	6	8	8	26	4	10	12	13	13	32	17	14	19	19	21	21	23	25	20	8	7	14	16
Interest	10	31	30	27	27	25	20	16	14	11	9	7	7	9	6	6	4	2	3	3	4	6	6	6	9	8	8	11	19	23	29
Depreciation	14	33	35	35	36	31	31	34	56	44	44	45	45	42	42	41	41	38	39	42	46	47	48	48	51	51	53	58	63	64	71
Profit before tax	87	201	193	211	201	133	229	290	390	405	342	325	362	315	235	281	315	202	277	274	349	275	264	135	279	155	163	138	301	468	543
Tax	30	70	43	54	29	34	59	74	100	103	87	83	95	80	60	72	81	52	72	72	95	72	70	37	76	42	44	38	82	123	145
Net profit	57	132	150	157	169	0	0	0	290	303	254	242	267	235	174	209	234	150	205	202	253	203	194	98	202	112	119	100	220	345	398
EPS ₹	4.15	9.65	11.03	11.49	12.63	7.25	12.48	15.88	21.27	22.19	18.65	17.78	19.59	17.20	12.79	15.33	17.15	10.99	15.04	14.81	18.61	14.85	14.24	7.19	14.84	8.23	8.71	7.32	16.11	25.30	29.16
Revenue YoY	—	—	—	—	117.2%	-35.8%	-1.6%	10.3%	38.6%	126.3%	70.3%	39.5%	28.0%	34.8%	16.7%	15.6%	4.8%	-14.1%	-9.4%	0.9%	8.4%	22.5%	14.3%	-5.3%	2.5%	-12.8%	-6.4%	3.8%	-2.7%	36.4%	61.8%
Profit YoY	—	—	—	—	199.2%	-100.0%	-100.0%	-100.0%	71.4%	—	—	—	-7.9%	-22.5%	-31.4%	-13.8%	-12.5%	-36.1%	17.5%	-3.3%	8.3%	35.1%	-5.6%	-51.5%	-20.1%	-44.6%	-38.7%	1.7%	8.6%	207.5%	235.0%

Earlier results (standalone, Sep '07 – Dec '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Deepak Nitrite Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Revenue	580	541	673	790	1,020	1,275	1,327	1,336	1,222	1,481
Operating profit	75	49	57	55	71	112	139	167	145	204
Operating margin	13.0%	9.1%	8.5%	7.0%	7.0%	8.8%	10.5%	12.5%	11.9%	13.8%
Other income	3	5	5	4	2	2	1	2	4	10
Interest	15	7	6	9	10	26	36	37	31	40
Depreciation	17	18	18	18	19	30	36	39	42	52
Profit before tax	43	30	37	32	53	58	68	91	151	122
Tax	15	10	11	8	15	20	14	26	39	39
Net profit	28	20	26	23	38	38	53	65	112	83

Quarters

showing latest 8 of 46 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†
Revenue	111	123	145	126	154	150	150	108	128	144	162	157	148	174	193	168	183	213	227	209	249	252	311	262	315	338	361	325	364	306	332	338	338	319	341	314	303	280	325	362	355	371	393	421	433	452
Operating profit	3	16	21	24	24	12	15	11	13	11	14	13	13	15	16	13	10	13	19	16	17	18	21	17	25	31	38	28	39	35	37	38	41	41	47	39	36	31	39	51	52	52	49	—	69	66
Operating margin	2.9%	12.8%	14.4%	18.9%	15.8%	7.9%	10.2%	10.2%	10.3%	7.7%	8.8%	8.4%	8.6%	8.5%	8.3%	7.9%	5.3%	6.1%	8.5%	7.8%	6.7%	7.1%	6.7%	6.6%	8.0%	9.2%	10.6%	8.6%	10.7%	11.4%	11.2%	11.2%	12.1%	12.9%	13.7%	12.4%	11.9%	11.0%	12.1%	14.0%	14.8%	14.0%	12.5%	—	15.9%	14.6%
Other income	0	1	1	1	0	0	2	0	0	3	1	1	1	1	2	1	1	1	1	1	1	0	0	0	0	0	1	0	0	0	0	0	0	0	1	2	1	0	0	2	1	1	6	1	0	5
Interest	4	4	4	4	4	4	3	2	2	2	1	2	1	1	1	1	3	3	2	3	1	3	3	6	7	7	6	7	10	11	8	10	11	9	8	8	5	9	8	9	11	9	11	11	12	10
Depreciation	4	4	4	4	4	4	5	5	4	4	5	5	5	5	4	4	4	4	5	5	5	5	5	7	7	8	8	9	9	9	9	9	10	10	10	11	10	11	11	12	13	13	13	13	13	13
Profit before tax	-5	9	14	17	14	4	8	5	8	8	9	8	8	10	11	8	4	6	13	18	11	11	13	5	11	17	25	12	20	15	20	19	21	23	29	93	22	11	25	31	30	31	31	—	44	48
Tax	-1	1	0	5	4	1	4	1	4	2	3	2	3	3	3	2	1	2	4	6	3	1	4	2	3	5	9	3	4	2	5	5	6	6	9	25	6	3	4	11	7	10	11	—	16	16
Net profit	-4	8	13	12	10	3	4	3	5	6	7	6	5	7	8	6	3	5	10	12	7	9	9	4	7	11	16	10	16	13	15	13	15	16	21	68	15	8	21	20	23	20	20	22	28	32
EPS ₹	-4.42	8.38	14.98	13.06	10.63	3.08	4.78	3.60	5.18	6.16	6.75	5.62	5.25	6.33	7.47	5.82	2.68	4.40	9.15	11.56	6.86	8.73	9.00	3.48	7.15	10.85	15.16	0.93	1.51	1.22	1.46	1.28	1.41	1.57	1.78	1.35	1.33	0.69	1.73	1.51	1.74	1.56	1.51	1.60	2.06	2.32
Revenue YoY	—	—	—	—	38.1%	22.4%	2.8%	-14.9%	-16.8%	-4.6%	8.4%	46.2%	16.0%	21.3%	19.3%	6.8%	23.3%	22.2%	17.4%	24.3%	36.0%	18.5%	36.8%	25.5%	26.6%	34.3%	16.1%	24.0%	15.6%	-9.5%	-7.8%	4.2%	-7.1%	4.0%	2.5%	-7.3%	-10.5%	-12.2%	-4.5%	15.3%	17.3%	32.6%	20.7%	16.4%	21.9%	21.9%
Profit YoY	—	—	—	—	—	-63.2%	-68.1%	-72.4%	-51.3%	100.4%	54.1%	82.0%	18.3%	19.5%	18.3%	3.7%	-48.8%	-30.4%	22.5%	98.4%	155.2%	98.5%	-1.7%	-69.9%	4.3%	24.3%	68.4%	165.7%	111.4%	12.2%	-4.0%	38.2%	-6.5%	29.2%	35.0%	407.9%	4.3%	-51.3%	1.0%	-70.4%	47.2%	153.9%	-2.1%	8.4%	23.7%	55.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 28 periods

	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	46.2%	38.7%	30.3%	20.7%	10.8%	12.4%	25.3%	36.1%	46.4%	32.0%	29.9%	25.2%	24.2%	20.8%	18.8%	18.4%	18.2%	16.9%	18.0%	16.7%	14.7%	12.9%	11.3%	9.6%	9.7%	9.4%	13.4%	16.4%
ROCE	36.0%	35.4%	32.6%	33.5%	36.2%	38.2%	47.0%	50.5%	51.4%	40.4%	37.8%	32.4%	31.2%	28.2%	25.3%	24.8%	24.6%	22.2%	23.7%	20.1%	17.8%	14.9%	13.2%	11.5%	11.6%	10.9%	15.4%	18.8%
Net margin	13.5%	14.4%	12.4%	8.5%	4.3%	6.7%	11.4%	14.3%	17.0%	15.7%	13.6%	12.1%	11.2%	10.7%	10.0%	10.6%	10.5%	10.5%	10.7%	10.2%	9.1%	8.4%	7.6%	6.7%	6.7%	7.0%	9.1%	10.9%
EBITDA margin	23.8%	24.2%	24.7%	25.5%	26.7%	28.6%	29.1%	27.6%	25.7%	23.5%	20.5%	18.2%	17.1%	16.2%	14.9%	15.7%	15.5%	14.6%	15.1%	14.5%	13.1%	13.2%	12.1%	11.2%	11.6%	12.4%	15.5%	18.0%
Debt / equity	1.05	0.65	0.65	0.65	0.65	0.25	0.25	0.25	0.25	0.09	0.09	0.07	0.07	0.01	0.01	0.01	0.01	0.05	0.05	0.16	0.16	0.22	0.22	0.21	0.21	0.26	0.26	0.26
Interest coverage	8.10	8.02	7.79	8.85	10.78	15.04	22.76	29.50	36.51	43.14	43.42	44.64	44.57	47.24	58.36	73.74	90.87	94.13	75.49	60.91	46.33	35.65	28.87	24.21	21.15	17.45	18.60	18.68
Asset turnover	1.25	1.32	1.20	1.20	1.23	1.22	1.46	1.66	1.80	1.54	1.66	1.63	1.69	1.55	1.50	1.42	1.43	1.26	1.33	1.19	1.17	1.07	1.04	1.00	1.01	0.91	0.99	0.99

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 17 periods

	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	21	23	26	27	27	27	27	27	27	27	27	27	27	27	27	27	27
Other equity / reserves	325	450	689	895	1,044	1,545	2,319	3,311	3,624	4,063	4,315	4,769	5,061	5,361	5,488	5,810	6,448
Total equity	346	473	715	922	1,072	1,572	2,347	3,338	3,651	4,090	4,342	4,797	5,088	5,389	5,515	5,837	6,476
Borrowings	470	427	595	882	1,125	1,028	578	301	254	54	53	217	791	1,171	1,149	1,528	1,657
Current liabilities	484	598	807	1,048	884	749	553	747	756	794	688	785	839	923	887	1,279	1,776
Non-current liabilities	293	223	265	621	973	888	660	345	261	245	238	488	1,046	1,370	1,446	1,533	1,516
Total assets	1,123	1,294	1,787	2,591	2,928	3,209	3,560	4,430	4,669	5,129	5,268	6,096	7,009	7,718	7,884	8,681	9,814
Property, plant & equipment	543	592	580	583	1,701	1,788	1,836	1,933	1,887	1,914	1,946	2,243	2,346	2,400	2,512	3,210	4,175
Capital work-in-progress	43	32	349	955	34	172	207	104	181	283	479	774	1,169	1,649	2,046	1,828	1,299
Investments	3	87	118	32	2	2	189	439	425	379	521	122	394	511	303	213	331
Inventories	105	121	167	325	411	394	383	585	740	893	726	760	916	926	904	862	936
Receivables	311	313	360	412	575	613	756	1,129	1,096	1,310	1,212	1,298	1,254	1,274	1,381	1,506	1,959
Cash & equivalents	3	6	6	9	3	2	9	23	63	38	15	238	33	179	22	243	16

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	108	167	49	183	60	765	1,002	824	650	878	625	539
Cash from investing	-89	-169	-353	-525	-163	-428	-396	-424	-276	-722	-1,491	-669
Cash from financing	-22	4	305	345	96	-338	-599	-386	-359	44	806	193
Capex	106	87	296	622	256	417	215	187	361	772	1,136	1,198
Free cash flow	2	81	-247	-439	-195	347	787	637	289	106	-512	-659
Dividends paid	12	13	17	19	21	106	0	75	95	102	102	102

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹4,175 cr43%

CWIP

₹1,299 cr13%

Investments

₹331 cr3%

Inventories

₹936 cr10%

Receivables

₹1,959 cr20%

Cash & equivalents

₹16 cr0%

Other assets

₹1,098 cr11%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%
Deepak Nitrite Ltd.	20,918	1,533.60	19.7	3.23	16.4%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-1.3%

6 months-17.3%

1 year-12.3%

3Y CAGR-10.5%

5Y CAGR-7.8%

10Y CAGR+30.8%

50-day avg₹1,591.78

200-day avg₹1,620.25

RSI (14)42

Compare Deepak Nitrite Ltd. with

Himadri Speciality Chemical vs Deepak Nitrite PI Industries vs Deepak Nitrite Deepak Nitrite vs Aether Industries Deepak Nitrite vs Sumitomo Chemical India Deepak Nitrite vs Aarti Industries

FAQs

What is the share price of Deepak Nitrite Ltd.?

Deepak Nitrite Ltd. (DEEPAKNTR) closed at ₹1,533.60 on NSE on 06 Nov 2026.

What is the market cap of Deepak Nitrite Ltd.?

₹20,918 crore at the latest close.

What is the P/E ratio of Deepak Nitrite Ltd.?

19.7, on trailing-twelve-month earnings from its filings.

How fast is Deepak Nitrite Ltd. growing?

Deepak Nitrite Ltd.: revenue has compounded at -0.4% a year over three years; net profit at -13.5% a year. Latest-quarter revenue is up 61.8% year on year, profit up 235.0%.

How profitable is Deepak Nitrite Ltd.?

On a trailing-twelve-month basis return on equity is 16.4%, return on capital employed 18.8%, operating margin 18.0%, net margin 10.9%.

How much debt does Deepak Nitrite Ltd. have?

Deepak Nitrite Ltd. is lightly geared: debt to equity is 0.26 with borrowings of ₹1,657 cr against cash of ₹16 cr (balance sheet of 2026-09-30). Operating profit covers interest 18.7 times.

Financials parsed from Deepak Nitrite Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '19, annual from FY19, balance sheet from Mar '15. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.