About
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 alcohol, and alpha methyl styrene. It also provides 2 MePPDA, 2,3-xylidine, 2,4-xylidine, 2,6-xylidine, 2-ethylhexyl nitrate, 3-NOX, 4-NOX; 2B, 4BBT, ABP, ABP X, and BMK deepwhite powders; 2BL, ABP, AS, BA, BHT HC, DSP, MST, SPF Z, SI, UBR, UP, and XBE deepwhite liquids; 4BB conc, 4BB conc T, DMA-X, DMA-X conc, and UFD slurry deepwhite products; IPA, MAHCL, mHBTF, MMDPA, MNT(3- nitrotoluene), MT(m-toluidine), ONT(2- nitrotoluene), OT(o-toluidine), PNT(4- nitrotoluene), and PT(p-toluidine); B+ (brown colour), FX (yellow colour), and GLP (yellow colour) protecto products; ortho and para cumidines; and TFMAP, as well as project management consultancy services and manufactures polycarbonate compounds. The company serves colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, textiles, laminate and plywood, automotive, construction, adhesives, and sanitisers industries. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.
Key Metrics
as of Sep 2026Market Cap23,356 Cr
P/E29.50
Div Yield0.44 %
Book Value₹428.00
52w High₹1,904.00
52w Low₹1,280.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,578.00 | 2,120.00 | 1,975.00 | 1,902.00 | 1,890.00 | 2,180.00 | 1,903.00 | 2,032.00 | 2,167.00 | 2,126.00 | 2,009.00 | 1,778.00 | 1,768.00 |
| Expenses | 2,037.00 | 1,744.00 | 1,764.00 | 1,698.00 | 1,700.00 | 1,863.00 | 1,735.00 | 1,734.00 | 1,858.00 | 1,825.00 | 1,705.00 | 1,476.00 | 1,559.00 |
| Operating Profit | 540.00 | 376.00 | 211.00 | 204.00 | 190.00 | 317.00 | 169.00 | 298.00 | 309.00 | 301.00 | 305.00 | 302.00 | 210.00 |
| OPM % | 21.00 | 18.00 | 11.00 | 11.00 | 10.00 | 15.00 | 9.00 | 15.00 | 14.00 | 14.00 | 15.00 | 17.00 | 12.00 |
| Other Income | 14.00 | 7.00 | -4.00 | 20.00 | 25.00 | 23.00 | 21.00 | 21.00 | 19.00 | 99.00 | 14.00 | 17.00 | 32.00 |
| Depreciation | 64.00 | 63.00 | 58.00 | 53.00 | 51.00 | 51.00 | 48.00 | 48.00 | 47.00 | 46.00 | 42.00 | 39.00 | 38.00 |
| Interest | 23.00 | 19.00 | 11.00 | 8.00 | 8.00 | 9.00 | 6.00 | 6.00 | 6.00 | 4.00 | 3.00 | 3.00 | 2.00 |
| Profit before tax | 468.00 | 301.00 | 138.00 | 163.00 | 155.00 | 279.00 | 135.00 | 264.00 | 275.00 | 349.00 | 274.00 | 277.00 | 202.00 |
| Tax % | 26.00 | 27.00 | 28.00 | 27.00 | 27.00 | 27.00 | 27.00 | 26.00 | 26.00 | 27.00 | 26.00 | 26.00 | 26.00 |
| Net Profit | 345.00 | 220.00 | 100.00 | 119.00 | 112.00 | 202.00 | 98.00 | 194.00 | 203.00 | 254.00 | 202.00 | 205.00 | 150.00 |
| EPS in Rs | 25.30 | 16.11 | 7.32 | 8.70 | 8.23 | 14.84 | 7.19 | 14.24 | 14.85 | 18.61 | 14.81 | 15.04 | 10.99 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,887.00 | 8,282.00 | 7,682.00 | 7,972.00 | 6,802.00 | 4,360.00 | 4,230.00 | 2,700.00 | 1,651.00 | 1,371.00 | 1,373.00 | 1,327.00 |
| Expenses | 6,900.00 | 7,187.00 | 6,555.00 | 6,680.00 | 5,196.00 | 3,108.00 | 3,194.00 | 2,278.00 | 1,447.00 | 1,231.00 | 1,204.00 | 1,187.00 |
| Operating Profit | 987.00 | 1,095.00 | 1,127.00 | 1,292.00 | 1,607.00 | 1,252.00 | 1,035.00 | 421.00 | 204.00 | 139.00 | 169.00 | 140.00 |
| OPM % | 13.00 | 13.00 | 15.00 | 16.00 | 24.00 | 29.00 | 24.00 | 16.00 | 12.00 | 10.00 | 12.00 | 11.00 |
| Other Income | 44.00 | 84.00 | 156.00 | 46.00 | 42.00 | 20.00 | 29.00 | 11.00 | 7.00 | 80.00 | 0.00 | 1.00 |
| Interest | 49.00 | 31.00 | 15.00 | 27.00 | 36.00 | 77.00 | 118.00 | 87.00 | 47.00 | 37.00 | 40.00 | 38.00 |
| Depreciation | 225.00 | 195.00 | 166.00 | 166.00 | 178.00 | 153.00 | 140.00 | 78.00 | 53.00 | 48.00 | 40.00 | 36.00 |
| Profit before tax | 757.00 | 953.00 | 1,102.00 | 1,146.00 | 1,434.00 | 1,042.00 | 806.00 | 268.00 | 111.00 | 135.00 | 89.00 | 67.00 |
| Tax % | 27.00 | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 24.00 | 35.00 | 29.00 | 28.00 | 29.00 | 21.00 |
| Net Profit | 551.00 | 697.00 | 811.00 | 852.00 | 1,067.00 | 776.00 | 611.00 | 174.00 | 79.00 | 96.00 | 63.00 | 53.00 |
| EPS in Rs | 40.36 | 51.12 | 59.45 | 62.47 | 78.20 | 56.88 | 44.80 | 12.73 | 5.79 | 7.37 | 5.39 | 5.06 |
| Dividend Payout % | 19.00 | 15.00 | 13.00 | 12.00 | 9.00 | 10.00 | 10.00 | 16.00 | 22.00 | 16.00 | 22.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | 26.00 | 23.00 | 21.00 |
| Reserves | 5,810.00 | 5,361.00 | 4,769.00 | 4,063.00 | 3,311.00 | 2,319.00 | 1,545.00 | 1,044.00 | 895.00 | 689.00 | 450.00 | 325.00 |
| Borrowings | 1,638.00 | 1,267.00 | 286.00 | 73.00 | 315.00 | 590.00 | 1,107.00 | 1,187.00 | 987.00 | 724.00 | 529.00 | 545.00 |
| Other Liabilities | 1,180.00 | 1,053.00 | 1,012.00 | 967.00 | 779.00 | 630.00 | 538.00 | 677.00 | 684.00 | 350.00 | 295.00 | 235.00 |
| Total Liabilities | 8,654.00 | 7,708.00 | 6,095.00 | 5,129.00 | 4,432.00 | 3,567.00 | 3,217.00 | 2,935.00 | 2,592.00 | 1,789.00 | 1,296.00 | 1,125.00 |
| Fixed Assets | 3,270.00 | 2,457.00 | 2,293.00 | 1,942.00 | 1,963.00 | 1,864.00 | 1,832.00 | 1,716.00 | 588.00 | 586.00 | 594.00 | 549.00 |
| CWIP | 1,828.00 | 1,649.00 | 774.00 | 301.00 | 122.00 | 220.00 | 172.00 | 34.00 | 955.00 | 349.00 | 36.00 | 44.00 |
| Investments | 213.00 | 511.00 | 122.00 | 379.00 | 439.00 | 189.00 | 2.00 | 2.00 | 32.00 | 118.00 | 87.00 | 3.00 |
| Other Assets | 3,343.00 | 3,091.00 | 2,907.00 | 2,508.00 | 1,908.00 | 1,293.00 | 1,210.00 | 1,183.00 | 1,018.00 | 736.00 | 580.00 | 530.00 |
| Total Assets | 8,654.00 | 7,708.00 | 6,095.00 | 5,129.00 | 4,432.00 | 3,567.00 | 3,217.00 | 2,935.00 | 2,592.00 | 1,789.00 | 1,296.00 | 1,125.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 539.00 | 625.00 | 874.00 | 650.00 | 824.00 | 1,002.00 | 765.00 | 60.00 | 183.00 | 49.00 | 167.00 | 108.00 |
| Cash from Investing Activity | -669.00 | -1,489.00 | -717.00 | -276.00 | -424.00 | -396.00 | -428.00 | -163.00 | -525.00 | -353.00 | -169.00 | -89.00 |
| Cash from Financing Activity | 193.00 | 806.00 | 44.00 | -359.00 | -386.00 | -599.00 | -338.00 | 96.00 | 345.00 | 305.00 | 4.00 | -22.00 |
| Net Cash Flow | 64.00 | -59.00 | 200.00 | 15.00 | 14.00 | 7.00 | -1.00 | -6.00 | 4.00 | 1.00 | 2.00 | -3.00 |
| Free Cash Flow | -658.00 | -494.00 | 110.00 | 290.00 | 638.00 | 788.00 | 349.00 | -194.00 | -438.00 | -192.00 | 81.00 | 18.00 |
| CFO/OP % | 74.00 | 77.00 | 101.00 | 70.00 | 73.00 | 99.00 | 93.00 | 28.00 | 103.00 | 47.00 | 110.00 | 87.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70.00 | 56.00 | 62.00 | 60.00 | 61.00 | 63.00 | 53.00 | 78.00 | 91.00 | 96.00 | 83.00 | 86.00 |
| Inventory Days | 57.00 | 59.00 | 54.00 | 62.00 | 53.00 | 64.00 | 63.00 | 94.00 | 118.00 | 75.00 | 54.00 | 47.00 |
| Days Payable | 35.00 | 33.00 | 38.00 | 46.00 | 46.00 | 72.00 | 57.00 | 106.00 | 176.00 | 95.00 | 59.00 | 48.00 |
| Cash Conversion Cycle | 92.00 | 82.00 | 77.00 | 76.00 | 67.00 | 56.00 | 59.00 | 66.00 | 32.00 | 76.00 | 79.00 | 85.00 |
| Working Capital Days | 61.00 | 64.00 | 70.00 | 70.00 | 57.00 | 57.00 | 33.00 | 35.00 | -29.00 | -49.00 | -28.00 | -3.00 |
| ROCE % | 11.00 | 16.00 | 22.00 | 30.00 | 44.00 | 40.00 | 38.00 | 17.00 | 10.00 | 8.00 | 14.00 | — |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 27 Jul 2026 | 27 Jul 2026 | — | 7.50 | |
| Dividend | 04 Aug 2025 | 04 Aug 2025 | — | 7.50 | |
| Dividend | 29 Jul 2024 | — | — | 7.50 | |
| Dividend | 27 Jul 2023 | — | — | 7.50 | |
| Dividend | 25 Jul 2022 | — | — | 7.00 | |
| Dividend | 20 Jul 2021 | — | — | 1.00 | NSE/BSE dividend mismatch: BSE/NSE=4.5; BSE/NSE=1.0 |
| Dividend | 20 Jul 2021 | — | — | 4.50 | NSE/BSE dividend mismatch: BSE/NSE=4.5; BSE/NSE=1.0 |
| Other | 29 Jul 2020 | — | — | — | Annual General Meeting |
| Dividend | 16 Mar 2020 | 17 Mar 2020 | — | 4.50 | |
| Dividend | 19 Jun 2019 | — | — | 2.00 | |
| Dividend | 25 Jul 2018 | — | — | 1.30 | |
| Dividend | 15 Jun 2017 | — | — | 1.20 | |
| Dividend | 28 Jul 2016 | — | — | 1.20 | |
| Dividend | 30 Jul 2015 | — | — | 1.00 | |
| Dividend | 31 Jul 2014 | — | — | 1.00 | |
| Split | 20 Jun 2014 | 23 Jun 2014 | 10:2 | — | |
| Bonus | 20 Jun 2014 | 23 Jun 2014 | 1:1 | — | |
| Dividend | 23 Jul 2013 | — | — | 8.00 | |
| Dividend | 24 Jul 2012 | — | — | 6.00 | |
| Dividend | 26 Jul 2011 | — | — | 6.00 | |
| Dividend | 22 Jul 2010 | — | — | 5.00 | |
| Dividend | 16 Jul 2009 | — | — | 5.00 | |
| Dividend | 31 Jul 2008 | — | — | 4.00 | |
| Dividend | 07 Sep 2007 | — | — | 4.00 | |
| Other | 21 Feb 2006 | 28 Feb 2006 | — | — | Right Issue of Equity Shares |
| Dividend | 11 Jul 2001 | — | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update27 Aug from icra
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Rating update11 Aug 2025 from icra
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Rating update28 Mar 2025 from icra
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Rating update11 Mar 2024 from icra
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Rating update2 Jun 2023 from crisil
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Rating update31 Mar 2023 from icra
Conference Calls
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