Deepak Nitrite Ltd Share Price
Chemicals - Organic - Large
As on 31 January 2025 at 14:04 IST
About Deepak Nitrite Ltd
Deepak Nitrite Limited is a leading Indian chemical manufacturing company. It operates in the chemical sector, producing a wide range of chemicals used in various industries. The company was founded by Chimanlal Khimchand Mehta. in the year 1970 giving it years of experience in the industry. Its headquarters is located in Vadodara, Gujarat, India. The company’s main products include basic chemicals, performance products, and phenolics. Some of the key products are sodium nitrite, acetone, and various pharmaceutical intermediates. The company serves a number of industries, including pharmaceuticals, agrochemicals, rubber, and pigments. Read More...
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LOGINOver 1 Month
-9.58%
Over 6 Months
-26.15%
Over 1 Year
2.45%
Over 3 Years
1.85%
Deepak Nitrite Ltd Summary
Close
₹
2,317.70
Open
₹
2,271.40
High
₹
2,334.95
Low
₹
2,271.40
Volume
1,26,804
Net Turnover (in ₹ Cr)
₹
43.1
52Wk High
₹
3,169
52Wk Low
₹
2,021
52Wk High / Low
2,021
3,169
Deepak Nitrite Ltd Fundamentals
Key Financial Data
Market Cap (in ₹Cr)
₹
31,000.09
EPS (TTM)
24.68
Book Value (BV)
224.11
Div. Yield
0.33
%
P/E (TTM)
78.43
Price/Book Value
10.15
Delivery %
15.24
%
Face Value
2
Key Ratios
PE Ratio
66.76
PB Ratio
9.79
EV to Sales
10.57
PEG Ratio
-8.73
ROA
14.37
ROE
12.66
Debt-Equity
0.01
Net Profit Margin
12.97
Operating Profit Margin
20
Deepak Nitrite Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 7,757.93 | 8,019.64 | 6,844.80 | 4,381.27 | 4,264.91 |
| Total Expenses | 6,736.04 | 6,873.76 | 5,410.35 | 3,339.55 | 3,458.51 |
| Profit Before Tax | 1,101.72 | 1,145.88 | 1,434.45 | 1,041.72 | 806.40 |
| Profit After Tax | 810.89 | 852 | 1,066.64 | 775.81 | 611.03 |
| Operating Profit after Depreciation | 1,033.72 | 1,170.66 | 1,468.49 | 1,115.92 | 921.27 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 2,292.72 | 1,959.85 | 1,981.97 | 1,877.42 | 1,831.98 |
| Total Non Current Assets | 3,254.62 | 2,389.67 | 2,145.72 | 2,108.12 | 2,052.31 |
| Total Current Assets | 2,841.60 | 2,739.07 | 2,284.74 | 1,452.18 | 1,156.30 |
| TOTAL ASSETS | 6,096.22 | 5,128.74 | 4,430.46 | 3,560.30 | 3,208.61 |
| Total Shareholder's Fund | 4,796.62 | 4,089.96 | 3,338.44 | 2,346.65 | 1,571.91 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 878.06 | 649.92 | 823.84 | 1,001.90 | 764.66 |
| Net Cash used in Investing Activities | -721.26 | -276.05 | -424.05 | -396.16 | -427.92 |
| Net Cash used in Financing Activities | 43.53 | -359.08 | -385.83 | -598.99 | -337.56 |
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 2,848.05 | 3,135.13 | 2,581.85 | 1,822.68 | 2,237.24 |
| Total Expenses | 2,369.59 | 2,525.29 | 1,939.84 | 1,344.07 | 1,531.21 |
| Profit Before Tax | 558.26 | 609.84 | 642.01 | 478.61 | 706.03 |
| Profit After Tax | 433.43 | 469.39 | 486.21 | 354.72 | 544.04 |
| Operating Profit after Depreciation | 480.55 | 611.41 | 643.61 | 482.73 | 726.35 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 835.29 | 728.33 | 673.80 | 775.91 | 720.13 |
| Total Non Current Assets | 1,830.66 | 1,522.66 | 1,247.55 | 1,419.44 | 1,386.93 |
| Total Current Assets | 1,540.35 | 1,526.94 | 1,394.69 | 751.07 | 659.59 |
| TOTAL ASSETS | 3,371.01 | 3,049.60 | 2,642.24 | 2,170.51 | 2,046.52 |
| Total Shareholder's Fund | 2,954.54 | 2,625.06 | 2,256 | 1,844.75 | 1,491.33 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 418.43 | 310.01 | 227.88 | 441.95 | 515.21 |
| Net Cash used in Investing Activities | -156.16 | -188.47 | -159.13 | -225.75 | -267.75 |
| Net Cash used in Financing Activities | -105.51 | -112.83 | -64.37 | -215.24 | -248.17 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 2,032 | 2,166.84 | 2,126.21 | 2,009.23 | 1,778.05 |
| Total Expenses | 1,734.48 | 1,857.65 | 1,825.09 | 1,704.58 | 1,475.79 |
| Profit Before Tax | 264.03 | 274.80 | 349.19 | 273.59 | 277.20 |
| Profit After Tax | 194.20 | 202.53 | 253.85 | 202.05 | 205.08 |
| Operating Profit after Depreciation | 318.79 | 328 | 320.26 | 318.21 | 319.31 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 604.70 | 715.71 | 671.15 | 674.30 | 670.59 |
| Total Expenses | 529.79 | 618.98 | 586.72 | 562.18 | 552.83 |
| Profit Before Tax | 158.34 | 85.03 | 156.72 | 100.09 | 186.25 |
| Profit After Tax | 142.27 | 63.04 | 115.68 | 74.51 | 157.42 |
| Operating Profit after Depreciation | 184.57 | 110.46 | 101.79 | 122.84 | 207.12 |
Deepak Nitrite Ltd Technicals
Support and Resistance
S3
S2
S1
Pivot
R1
R2
R3
S1
2,236.57
S2
2,200.28
S3
2,163.57
Pivot
2,273.28
R1
2,309.57
R2
2,346.28
R3
2,382.57
Moving Average
20 SMA
2,352.40
50 SMA
2,529.75
100 SMA
2,660.31
200 SMA
2,646.44
Deepak Nitrite Ltd Corporate Actions
Deepak Nitrite Ltd
₹7.5/Share
Announcement Date
29 Jul 2024
Record Date
30 Jul 2024
Div Yield
375%
Deepak Nitrite Ltd Peer Comparison
| Company | Price | Market Cap (in ₹ Cr) |
|---|---|---|
| Deepak Nitrite Ltd | ₹2,274.40 | ₹31,021.23 |
| Pidilite Industries Ltd | ₹2,888.30 | ₹1,46,912.24 |
| SRF Ltd | ₹2,829.75 | ₹83,880.81 |
| Linde India Ltd | ₹6,198.25 | ₹52,858.68 |
| Gujarat Fluorochemicals Ltd | ₹3,591.60 | ₹39,453.73 |
| Godrej Industries Ltd | ₹882.10 | ₹29,704.90 |
Deepak Nitrite Ltd News
Deepak Nitrite to declare Quarterly Result
On 13 February 2025
29 Jan 2025, 05:10 pm
Deepak Nitrite to convene board meeting
On 13 November 2024
25 Oct 2024, 04:02 pm
Deepak Nitrite gains after PAT climb 35% YoY to Rs 202 crore in Q1
Deepak Nitrite rallied 3.39% to Rs 3,054.95 after the company's consolidated net profit grew 35.12% to Rs 202.54 crore in Q1 FY25 as compared with Rs 149.90 crore recorded in the same period last year.
06 Aug 2024, 10:12 am
Deepak Nitrite revises board meeting date
To 5 August 2024
19 Jul 2024, 10:53 am
Deepak Nitrite to conduct board meeting
On 6 August 2024
18 Jul 2024, 09:47 am
Deepak Nitrite Ltd Stock Analysis
- Annual revenue for Deepak Nitrite Ltd decreased by 9.16% to ₹2,848.05 crore in FY 2024 from ₹3,135.13 crore in FY 2023.
- Annual Net Profit for Deepak Nitrite Ltd decreased by 7.66% to ₹433.43 crore in FY 2024 from ₹469.39 crore in FY 2023.
- Promoter Shareholding in Deepak Nitrite Ltd remains unchanged by 0.00% in the most recent quarter, from 49.24% in September 2024 to 49.24% in December 2024.
- Deepak Nitrite Ltd delivered a 1-year return of 2.45% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
- Deepak Nitrite Ltd share price moved up by 1.97% from its previous close of INR ₹2,272.85. The latest Deepak Nitrite Ltd share price is INR ₹2,317.70.
- Deepak Nitrite Ltd share price today has been at a low of 2,271.40 and a high of 2,334.95. Over the past 52 weeks, the Deepak Nitrite Ltd share price has seen a low of 2,021 and a high of 3,169.
About Deepak Nitrite Ltd
Deepak Nitrite Limited is a leading Indian chemical manufacturing company. It operates in the chemical sector, producing a wide range of chemicals used in various industries.
The company was founded in 1970, giving it years of experience in the industry. Deepak Nitrite’s headquarters is located in Vadodara, Gujarat, India. The company was founded by Chimanlal Khimchand Mehta. It is currently promoted by Deepak Mehta, who serves as the Chairman and Managing Director.
Deepak Nitrite’s main products include basic chemicals, performance products, and phenolics. Some of the key products are sodium nitrite, acetone, and various pharmaceutical intermediates. The company serves numerous industries. This includes pharmaceuticals, agrochemicals, rubber, and pigments.
Deepak Nitrite is not currently the #1 stock in its sector. However, it is a major player in the Indian chemical industry. The company is the largest producer of phenol and acetone in India. It is also among the top three global players for products like xylidines, cumidines, and oximes.
The promoter shareholding in Deepak Nitrite is primarily held by the Mehta family. The company is managed by a team of experienced professionals, with Maulik Mehta serving as the CEO and Executive Director. Its registered office is located at Aaditya-I, Chhani Road, Vadodara - 390024, Gujarat, India. Meanwhile, its registrar’s office is also in Vadodara, Gujarat.
Deepak Nitrite Limited is a key player in the chemical sector, with a strong focus on producing a range of chemicals for various industries. Its extensive experience and significant promoter backing make it an important institution in the industry.
Founded in 1970, Deepak Nitrite has years of experience in the chemical industry. The company produces a wide range of chemicals. This includes basic chemicals, performance products, and phenolics. These products are essential for various industries, such as pharmaceuticals, rubber, and pigments. Deepak Nitrite helps reduce the need for imports by manufacturing these chemicals domestically.
One of the significant contributions of Deepak Nitrite to India’s self-reliance is its investment in phenol and acetone production. The company’s subsidiary has established a facility with an annual capacity of 200,000 tonnes of phenol and 120,000 tonnes of acetone. This facility not only meets the domestic demand for these chemicals but also positions India as a potential exporter. As a result, Deepak Nitrite is reducing the country’s reliance on imports and contributes to the trade balance.
Deepak Nitrite’s focus on innovation and sustainability further strengthens its role in India’s chemical sector. The company invests heavily in research and development. This is to create advanced chemical processes and products. For instance, Deepak Nitrite has developed cutting-edge processes like fluorination and hydrogenation. They enhance the efficiency and sustainability of chemical production. These innovations improve quality and reduce the environmental impact of chemical manufacturing.
Deepak Nitrite’s commitment to responsible chemistry is evident in its sustainable practices. The company focuses on the use of green chemistry principles, which involve minimizing waste and using renewable resources. As a result, the company is ensuring that its operations are environmentally friendly.
Deepak Nitrite’s leadership under Chairman and Managing Director Deepak C. Mehta has been pivotal in driving the company’s growth. Mehta’s vision has transformed the company into a global chemical manufacturing powerhouse. His ability to spot trends and invest in high-demand products has positioned the company as a leader in the industry. Under his guidance, Deepak Nitrite has expanded its product portfolio and increased its market share. This makes it one of the top chemical companies in India.
The company’s role in self-reliance extends beyond manufacturing. Deepak Nitrite actively collaborates with various stakeholders. This includes working with government bodies and academic institutions to promote the growth of the chemical sector in India. These collaborations help in developing industry standards, enhancing skills, and fostering innovation. As a result, Deepak Nitrite is contributing to the overall development of the chemical industry in India.
Moreover, Deepak Nitrite’s focus on capacity expansion ensures that it can meet the growing demand for chemicals in India. The company continuously invests in upgrading its facilities and increasing production capacities. This proactive approach enables Deepak Nitrite to cater to the needs of various industries. As a result, it is supporting the country’s industrial growth.
Deepak Nitrite Limited plays a vital role in India’s push for self-reliance in the chemical sector. Through its extensive product portfolio and sustainable practices, it reduces the country’s dependence on imported chemicals. Under the leadership of Deepak C. Mehta, the company has become a key player in the global chemical industry.
As a result, Deepak Nitrite Limited remains at the forefront of the chemical sector, driving innovation and sustainability for a better future.
The company was founded in 1970, giving it years of experience in the industry. Deepak Nitrite’s headquarters is located in Vadodara, Gujarat, India. The company was founded by Chimanlal Khimchand Mehta. It is currently promoted by Deepak Mehta, who serves as the Chairman and Managing Director.
Deepak Nitrite’s main products include basic chemicals, performance products, and phenolics. Some of the key products are sodium nitrite, acetone, and various pharmaceutical intermediates. The company serves numerous industries. This includes pharmaceuticals, agrochemicals, rubber, and pigments.
Deepak Nitrite is not currently the #1 stock in its sector. However, it is a major player in the Indian chemical industry. The company is the largest producer of phenol and acetone in India. It is also among the top three global players for products like xylidines, cumidines, and oximes.
The promoter shareholding in Deepak Nitrite is primarily held by the Mehta family. The company is managed by a team of experienced professionals, with Maulik Mehta serving as the CEO and Executive Director. Its registered office is located at Aaditya-I, Chhani Road, Vadodara - 390024, Gujarat, India. Meanwhile, its registrar’s office is also in Vadodara, Gujarat.
Deepak Nitrite Limited is a key player in the chemical sector, with a strong focus on producing a range of chemicals for various industries. Its extensive experience and significant promoter backing make it an important institution in the industry.
The Role of Deepak Nitrite in India’s Push for Self-Reliance in Chemicals
Deepak Nitrite Limited plays a crucial role in India’s push for self-reliance in the chemical sector. The company has been instrumental in reducing India’s dependence on imported chemicals. This aligns with the Indian government’s vision of AtmaNirbhar Bharat (self-reliant India), which aims to boost local manufacturing and reduce import dependency.Founded in 1970, Deepak Nitrite has years of experience in the chemical industry. The company produces a wide range of chemicals. This includes basic chemicals, performance products, and phenolics. These products are essential for various industries, such as pharmaceuticals, rubber, and pigments. Deepak Nitrite helps reduce the need for imports by manufacturing these chemicals domestically.
One of the significant contributions of Deepak Nitrite to India’s self-reliance is its investment in phenol and acetone production. The company’s subsidiary has established a facility with an annual capacity of 200,000 tonnes of phenol and 120,000 tonnes of acetone. This facility not only meets the domestic demand for these chemicals but also positions India as a potential exporter. As a result, Deepak Nitrite is reducing the country’s reliance on imports and contributes to the trade balance.
Deepak Nitrite’s focus on innovation and sustainability further strengthens its role in India’s chemical sector. The company invests heavily in research and development. This is to create advanced chemical processes and products. For instance, Deepak Nitrite has developed cutting-edge processes like fluorination and hydrogenation. They enhance the efficiency and sustainability of chemical production. These innovations improve quality and reduce the environmental impact of chemical manufacturing.
Deepak Nitrite’s commitment to responsible chemistry is evident in its sustainable practices. The company focuses on the use of green chemistry principles, which involve minimizing waste and using renewable resources. As a result, the company is ensuring that its operations are environmentally friendly.
Deepak Nitrite’s leadership under Chairman and Managing Director Deepak C. Mehta has been pivotal in driving the company’s growth. Mehta’s vision has transformed the company into a global chemical manufacturing powerhouse. His ability to spot trends and invest in high-demand products has positioned the company as a leader in the industry. Under his guidance, Deepak Nitrite has expanded its product portfolio and increased its market share. This makes it one of the top chemical companies in India.
The company’s role in self-reliance extends beyond manufacturing. Deepak Nitrite actively collaborates with various stakeholders. This includes working with government bodies and academic institutions to promote the growth of the chemical sector in India. These collaborations help in developing industry standards, enhancing skills, and fostering innovation. As a result, Deepak Nitrite is contributing to the overall development of the chemical industry in India.
Moreover, Deepak Nitrite’s focus on capacity expansion ensures that it can meet the growing demand for chemicals in India. The company continuously invests in upgrading its facilities and increasing production capacities. This proactive approach enables Deepak Nitrite to cater to the needs of various industries. As a result, it is supporting the country’s industrial growth.
Deepak Nitrite Limited plays a vital role in India’s push for self-reliance in the chemical sector. Through its extensive product portfolio and sustainable practices, it reduces the country’s dependence on imported chemicals. Under the leadership of Deepak C. Mehta, the company has become a key player in the global chemical industry.
As a result, Deepak Nitrite Limited remains at the forefront of the chemical sector, driving innovation and sustainability for a better future.
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FAQ’s
What is the share price of Deepak Nitrite Ltd today?
Deepak Nitrite Ltd share price as on 31 Jan 2025 is ₹
2317.7
What is the Market Cap of Deepak Nitrite Ltd?
The market cap of Deepak Nitrite Ltd stock is ₹31,000.09 Cr.
What is the PE Ratio of Deepak Nitrite Ltd?
The Price to Earnings (P/E) Ratio of Deepak Nitrite Ltd is 66.76
What is the PB Ratio of Deepak Nitrite Ltd?
The Price to Book (P/B) Ratio of Deepak Nitrite Ltd is 9.79
What is the 52 week high of Deepak Nitrite Ltd Share Price?
The 52 week high of Deepak Nitrite Ltd share price stands at ₹3,169
What is the 52 week low of Deepak Nitrite Ltd Share Price?
The 52 week low of Deepak Nitrite Ltd share price stands at ₹2,021
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