Skip to content
thestock.space

Deepak Nitrite (DEEPAKNTR) had a P/E of 19.7× on 6 Nov 2026, above the industry P/E of 18.2×, and the shares are 19% below their 52-week high. It earns ROCE of 11% and ROE of 18%, and sales and net profit fell 0.5% and 14% a year over 3 years. Its dividend yield is 0.5%, and debt is 0.27× equity. It is a small-cap company with a market cap of ₹20,917 Cr, ranked 2nd of 76 Chemicals companies by market cap; the shares fell 12% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹1,544.40
Day high
₹1,545.70
Day low
₹1,515.60
Prev. close
₹1,544.00
Volume
1.6 L

Health check

1 good · 4 fair · 1 to check
  • ReturnsIn line

    −11.9% over a year, better than 3 of 7 peers.

  • Price tagIn line

    P/E 19.7 vs industry 18.2.

  • GrowthShrinking

    Sales −0.5%, profit −13.5% a year over 3 years.

  • ProfitabilityAverage

    ROCE 10.8% vs peer median 9.7%.

  • Balance sheetFair

    Debt 0.27× equity, interest covered 17.5×, Piotroski 5 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Chemicals

75 listed peers. Screen the industry

Small cap

₹20,917 Cr, #2 of 76 in its industry by size.

Defensive

Beta 0.46 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹9,749 Cr · profit ₹1,062 Cr
Market cap
₹20,917 Cr
Small cap
P/E
19.7
Industry 18.2
Price to book
3.23
Peers 2.62
Dividend yield
0.49%
ROE
17.6%
Peers 11.7%
ROCE
10.8%
Peers 9.7%
Debt to equity
0.27
Debt ₹1,762 Cr
EPS (TTM)
₹77.88
Face value ₹2
OPM (TTM)
18.0%
Net margin 10.9%
Sales growth
+61.8%
Latest quarter vs a year ago
Profit growth
+235.0%
Latest quarter vs a year ago
Price to sales
2.15
EV/EBITDA 12.7

Strengths and risks

Strengths

  • Quarterly profit up 235.0% on a year ago.
  • Quarterly sales up 61.8% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Deepak Nitrite

Deepak Nitrite Limited manufactures, trades, and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments. The company offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosylsulfuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brighteners, nitric acid, fluorinated compounds, DASDA, benzotrifluoride, cumene, phenol, acetone, isopropyl…

Headquarters
Vadodara
Employees
1,447
Sector
Basic Materials
ISIN
INE288B01029
Website
godeepak.com

Price range

52 weeks

₹1,280.00₹1,897.90

Today

₹1,515.60₹1,545.70
Avg volume (3M)
3.8 L
1-year return
minus 11.9%
From 52-week high
minus 19.2%

Analyst consensus

18 analysts
BuyMean target ₹1,818.22 plus 18.6%

Target range, with today’s price

Low ₹1,300.00High ₹2,300.00

Next results expected around 28 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
NAVINFLUORNavin Fluorine International9,010.00plus 1.87%46,25050.842.718.7%34.3%0.2816.5%plus 46.1%
DEEPAKNTRDeepak Nitrite1,533.60minus 0.67%20,91719.722.310.8%18.0%0.27−0.5%minus 11.9%
TATACHEMTata Chemicals607.45minus 1.36%15,475–12.4−3.0%12.2%0.36−4.8%minus 31.0%
DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp.1,155.30minus 0.69%14,59914.811.511.2%17.6%0.762.6%minus 22.7%
RPELRaghav Productivity Enhancers1,780.80plus 0.95%8,178116.0107.1–29.9%0.0223.5%plus 95.4%
GNFCGujarat Narmada Valley Fertilizers and Chemicals451.80minus 1.87%6,6396.35.410.4%14.8%0.01−8.8%minus 7.2%
ACIArchean Chemical Industries416.40minus 1.95%5,14151.323.27.7%20.0%0.28−9.2%minus 34.6%
FOSECOINDFoseco India5,958.50minus 1.72%4,51345.835.49.0%21.3%0.0016.5%plus 6.5%
Median of 7 peers–−1.36%8,17848.323.29.7%20.0%0.282.6%−7.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
1,9021,9752,1202,5783,076
1,6981,7641,7442,0372,450
204211376540627
10.7%10.7%17.7%21.0%20.4%
208.56.91416.3
7.91118.922.929.1
53.357.662.663.771.3
–−12.8–––
163138301468543
27.2%27.7%27.1%26.2%26.7%
11999.8220345398
8.717.3216.1125.3029.16

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−0.5%
Profit CAGR 3Y
−13.5%
EPS CAGR 3Y
−13.5%
ROE
17.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7,8837,6108,0917,761
–minus 3.5%+6.3%minus 4.1%
6,5866,4546,9886,773
1,2961,1561,104989
16.4%15.2%13.6%12.7%
19.511.746.939
24.811.827.546
166166195225
21.1112250.1
1,1461,102953757
25.6%26.4%26.8%27.3%
852811697551
–minus 4.8%minus 14.0%minus 21.0%
62.4659.4551.1240.36

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
27.327.327.327.3
4,0634,7695,3615,810
72.92861,2671,638
9661,0141,0621,206
5,1296,0967,7188,681
2,2753,0574,1095,137
3628131,7091,927
2.52.7323
416583922470
2,0731,6409751,124
5,1296,0967,7188,681

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
650874625539
−276−718−1,491−669
−35943.5806193
14.8200−60.563.7
−361−768−1,136−1,198
289106−512−659
−95.5−102−102−102

Shareholding pattern

Source: NSE filings
49.4%
promoters
  • Promoters49.39%
  • Public50.61%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202649.39%50.61%plus 0.05
30 Jun 202649.34%50.66%plus 0.01
31 Mar 202649.33%50.67%0.00
31 Dec 202549.33%50.67%plus 0.05
30 Sep 202549.28%50.72%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you