Deepak Nitrite Q1 FY26 Results:
Net profit for the period declined 45% to ₹112 crores in Q1 FY26, from ₹202.5 crores in Q1 FY25. Total income for the quarter decreased 12% year-on-year to ₹1,914 crores from ₹2,186 crores.
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. +
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LOGINOver 1 Month
-10.26%
Over 6 Months
-20.87%
Over 1 Year
-42.24%
Over 3 Years
-31.03%
Deepak Nitrite Ltd Summary
Close ₹1,544.60
Open ₹1,574
High ₹1,574
Low ₹1,535
Volume 1,25,962
Net Turnover (in Cr) ₹19.44
52Wk High ₹2,748.80
52Wk Low ₹1,514
52Wk High / Low
1,514
2,748.80
Deepak Nitrite Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹21,067.27
EPS (TTM) 15.62
Book Value (BV) 232.07
Div. Yield 0.49 %
P/E (TTM) 98.92
Price/Book Value 6.66
Delivery % 48.57 %
Face Value 2
Key Ratios
PE Ratio 97.82
PB Ratio 8.65
EV to Sales 10.72
PEG Ratio -2.70
ROA 8.62
ROE 9.09
Debt-Equity 0.01
Net Profit Margin 10.94
Operating Profit Margin 17.53
Deepak Nitrite Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 8,365.79 | 7,757.93 | 8,019.64 | 6,844.80 | 4,381.27 |
| Total Expenses | 7,413.04 | 6,736.04 | 6,873.76 | 5,410.35 | 3,339.55 |
| Profit Before Tax | 952.75 | 1,101.72 | 1,145.88 | 1,434.45 | 1,041.72 |
| Profit After Tax | 697.37 | 810.89 | 852 | 1,066.64 | 775.81 |
| Operating Profit After Depreciation | 980.25 | 1,033.72 | 1,170.66 | 1,468.49 | 1,115.92 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 2,457.23 | 2,292.72 | 1,959.85 | 1,981.97 | 1,877.42 |
| Total Non Current Assets | 4,420.56 | 3,254.62 | 2,389.67 | 2,145.72 | 2,108.12 |
| Total Current Assets | 3,297.11 | 2,841.60 | 2,739.07 | 2,284.74 | 1,452.18 |
| Total Assets | 7,717.67 | 6,096.22 | 5,128.74 | 4,430.46 | 3,560.30 |
| Total Shareholder's Fund | 5,388.67 | 4,796.62 | 4,089.96 | 3,338.44 | 2,346.65 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 624.70 | 874.06 | 649.92 | 823.84 | 1,001.90 |
| Net Cash Used In Investing Activities | -1,489.42 | -717.26 | -276.05 | -424.05 | -396.16 |
| Net Cash Used In Financing Activities | 806.16 | 43.53 | -359.08 | -385.83 | -598.99 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 2,675.66 | 2,848.05 | 3,135.13 | 2,581.85 | 1,822.68 |
| Total Expenses | 2,338.12 | 2,369.59 | 2,525.29 | 1,939.84 | 1,344.07 |
| Profit Before Tax | 337.54 | 558.26 | 609.84 | 642.01 | 478.61 |
| Profit After Tax | 276.43 | 433.43 | 469.39 | 486.21 | 354.72 |
| Operating Profit After Depreciation | 341.32 | 480.55 | 611.41 | 643.61 | 482.73 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 897.96 | 835.29 | 728.33 | 673.80 | 775.91 |
| Total Non Current Assets | 2,371.83 | 1,830.66 | 1,522.66 | 1,247.55 | 1,419.44 |
| Total Current Assets | 1,245.64 | 1,540.35 | 1,526.94 | 1,394.69 | 751.07 |
| Total Assets | 3,617.47 | 3,371.01 | 3,049.60 | 2,642.24 | 2,170.51 |
| Total Shareholder's Fund | 3,126.48 | 2,954.54 | 2,625.06 | 2,256 | 1,844.75 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 254.08 | 418.42 | 310.01 | 227.88 | 441.95 |
| Net Cash Used In Investing Activities | -332.53 | -156.16 | -188.47 | -159.13 | -225.75 |
| Net Cash Used In Financing Activities | -88.37 | -105.50 | -112.83 | -64.37 | -215.24 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 1,901.89 | 1,889.88 | 2,179.69 | 1,903.40 | 2,032 |
| Total Expenses | 1,697.62 | 1,700.32 | 1,863.18 | 1,734.86 | 1,734.48 |
| Profit Before Tax | 163.03 | 154.74 | 278.71 | 135.20 | 264.03 |
| Profit After Tax | 118.75 | 112.25 | 202.50 | 98.13 | 194.20 |
| Operating Profit after Depreciation | 224.22 | 214.12 | 339.30 | 189.53 | 318.79 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 615.92 | 612.28 | 654.47 | 551.59 | 604.70 |
| Total Expenses | 569.41 | 552.65 | 576.72 | 509.80 | 529.80 |
| Profit Before Tax | 119.09 | 40.93 | 70.34 | 23.85 | 158.33 |
| Profit After Tax | 111.65 | 30.29 | 53.87 | 17.25 | 142.27 |
| Operating Profit after Depreciation | 146.36 | 67.05 | 96.71 | 49.47 | 184.56 |
Deepak Nitrite Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 1,528.40
S2 1,512.20
S3 1,489.40
Pivot 1,551.20
R1 1,567.40
R2 1,590.20
R3 1,606.40
Moving Average
20 SMA 1,629.63
50 SMA 1,719.06
100 SMA 1,775.67
200 SMA 1,872.26
Deepak Nitrite Ltd Corporate Actions
Deepak Nitrite Ltd
₹7.5/Share
Announcement Date 04 Aug 2025
Record Date 04 Aug 2025
Div Yield 375%
Deepak Nitrite Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| Pidilite Industries Ltd | ₹1,455.65 | ₹1,48,143.54 |
| SRF Ltd | ₹2,830.05 | ₹83,889.71 |
| Linde India Ltd | ₹5,854.20 | ₹49,924.62 |
| Gujarat Fluorochemicals Ltd | ₹3,318.40 | ₹36,452.62 |
| Godrej Industries Ltd | ₹1,012.50 | ₹34,101.49 |
Deepak Nitrite Ltd Top Mutal Funds Invested
| Fund Name | AUM |
|---|---|
| Franklin India Small Cap Fund | 1.74% |
| Franklin India Mid Cap Fund | 1.49% |
| Kotak Midcap Fund | 1.14% |
| Franklin India Focused Equity Fund | 1.05% |
| Sundaram Mid Cap Fund | 0.90% |
Deepak Nitrite Ltd News
Deepak Nitrite Q2 PAT slides 39% YoY to Rs 119 cr
Deepak Nitrite's consolidated net profit declined 38.86% to Rs 118.71 crore on 6.40% decrease in revenue from operations to Rs 1,901.89 crore in Q2 FY26 over Q2 FY25.
13 Nov 2025, 01:59 pm
Deepak Nitrite to convene board meeting
On 12 November 2025
29 Oct 2025, 10:31 am
Deepak Nitrite inaugurates state-of-the-art R&D centre at Savli, Vadodara
06 Oct 2025, 03:58 pm
Deepak Phenolics invests Rs 68 cr in Deepak Chem Tech
18 Aug 2025, 06:50 pm
Deepak Nitrite to hold board meeting
On 13 August 2025
26 Jul 2025, 10:24 am
Deepak Nitrite Ltd Stock Analysis
- Annual revenue for Deepak Nitrite Ltd decreased by 6.05% to ₹2,675.66 crore in FY 2025 from ₹2,848.05 crore in FY 2024.
- Annual Net Profit for Deepak Nitrite Ltd decreased by 36.22% to ₹276.43 crore in FY 2025 from ₹433.43 crore in FY 2024.
- Promoter Shareholding in Deepak Nitrite Ltd remains unchanged by 0.00% in the most recent quarter, from 49.28% in June 2025 to 49.28% in September 2025.
- Deepak Nitrite Ltd delivered a 1-year return of -42.24% compared to the Nifty 50, which provided a return of 5.45% as of the last trading session.
- Deepak Nitrite Ltd share price moved down by 0.95% from its previous close of INR ₹1,544.60. The latest Deepak Nitrite Ltd share price is INR ₹1,530.
- Deepak Nitrite Ltd share price today has been at a low of 1,522.20 and a high of 1,548.90. Over the past 52 weeks, the Deepak Nitrite Ltd share price has seen a low of 1,514 and a high of 2,748.80.
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.
FAQ’s
What is the share price of Deepak Nitrite Ltd today?
Deepak Nitrite Ltd share price as on 10 Dec 2025 is ₹ 1530.0
What is the Market Cap of Deepak Nitrite Ltd?
The market cap of Deepak Nitrite Ltd stock is ₹21,067.27 Cr.
What is the PE Ratio of Deepak Nitrite Ltd?
The Price to Earnings (P/E) Ratio of Deepak Nitrite Ltd is 97.82
What is the PB Ratio of Deepak Nitrite Ltd?
The Price to Book (P/B) Ratio of Deepak Nitrite Ltd is 8.65
What is the 52 week high of Deepak Nitrite Ltd Share Price?
The 52 week high of Deepak Nitrite Ltd share price stands at ₹2,748.80
What is the 52 week low of Deepak Nitrite Ltd Share Price?
The 52 week low of Deepak Nitrite Ltd share price stands at ₹1,514
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