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Daily Range
Daily RangeToday's Low
₹ 2,586.20
Today's High
₹ 2,665.00
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52 Weeks Range
52 Weeks Low
₹ 1,681.15
52 Weeks High
₹ 2,356.60
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Momentum of the Stock
Momentum of the Stock ![]()
Bullish
Bullish![]()
Circuit Limit
Lower
₹ 2,337.20
Upper
₹ 2,856.50
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals. It also provides products for agro-chemicals, colorants, pigments, pharmaceuticals, and personal wellness products. In addition, the company offers optical brighteners; and products for paper, detergent, coating, and textile industries. Further, it provides phenols, cumene, isopropyl alcohol, and acetone. The company also exports its products primarily to Europe, the United States, Japan, Latin America, the Middle East, and the Far East. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.
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Companies under the same Group
Companies under the same Group
Deepak Fert & Petro
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Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
13.6 Cr.
EPS-TTM
₹62.51
Face Value
₹2.00
Book Value
₹373.06
Net Asset Value
₹299.85
ROE
22.94%
ROA
17.83%
ROCE
30.13%
Dividend Yield
0.29%
Total Debt
₹ 0.0 Cr.
Sales Growth
17.20%
PAT Growth
-20.12%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2,739.1 | 2,283.4 | 1,452.2 | 1,156.3 | 1,161.7 | 992.9 | 750.6 | 581.2 | 473.2 | 121.0 | 99.9 |
| Total Non-Current Assets | 2,389.5 | 2,145.7 | 2,108.1 | 2,052.3 | 1,766.1 | 1,597.7 | 1,036.9 | 713.0 | 649.9 | 132.5 | 107.3 |
| Total Assets | 5,128.6 | 4,430.5 | 3,560.3 | 3,208.6 | 2,927.8 | 2,590.6 | 1,787.5 | 1,294.2 | 1,123.1 | 255.3 | 207.2 |
| Total Current Liabilities | 793.8 | 746.9 | 553.5 | 749.0 | 883.6 | 1,047.6 | 807.3 | 598.0 | 484.1 | 60.9 | 42.7 |
| Total Non-Current Liabilities | 244.9 | 345.1 | 660.2 | 887.8 | 972.6 | 620.8 | 265.3 | 223.3 | 292.9 | 124.6 | 103.9 |
| Shareholder's Funds | 4,090.0 | 3,338.4 | 2,346.7 | 1,571.9 | 1,071.6 | 922.1 | 714.9 | 472.9 | 346.2 | 68.9 | 60.7 |
| Total Liabilities | 5,128.6 | 4,430.5 | 3,560.3 | 3,208.6 | 2,927.8 | 2,590.6 | 1,787.5 | 1,294.2 | 1,123.1 | 255.3 | 207.2 |
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Financial Statement Analysis
Price to BV
The Industry Price to BV stands at 11.66, vs the Price to BV of 7.82, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 0.80, vs the Debt to Equity Ratio of 0.69, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 1.33, vs the Quick Ratio of 1.02, which results in a Negative aspect.
Current Ratio
The Industry Current Ratio stands at 1.95, vs the Current Ratio of 1.54, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Income | 7,972.1 | 6,802.2 | 4,359.8 | 4,229.7 | 2,699.9 | 1,651.5 | 1,370.7 | 1,372.9 | 1,327.2 | 256.0 | 214.6 |
| Total Expenditure | 6,680.8 | 5,207.4 | 3,115.2 | 3,201.2 | 2,285.8 | 1,453.0 | 1,234.4 | 1,206.6 | 1,190.5 | 222.0 | 186.9 |
| Operating Profit(Excl OI) | 1,338.9 | 1,648.5 | 1,271.7 | 1,064.1 | 432.3 | 210.9 | 148.8 | 168.4 | 141.3 | 37.9 | 30.9 |
| Add: Other Income | 47.6 | 53.7 | 27.1 | 35.6 | 18.2 | 12.4 | 12.5 | 2.0 | 4.7 | 4.0 | 3.2 |
| Operating Profit | 1,338.9 | 1,648.5 | 1,271.7 | 1,064.1 | 432.3 | 210.9 | 148.8 | 168.4 | 141.3 | 37.9 | 30.9 |
| Less: Interest | 26.7 | 36.4 | 77.3 | 118.0 | 86.6 | 47.4 | 36.5 | 39.7 | 38.0 | 14.8 | 14.1 |
| PBDT | 1,312.2 | 1,612.2 | 1,194.4 | 946.1 | 345.8 | 163.5 | 112.3 | 128.7 | 103.3 | 23.0 | 16.8 |
| Less: Depreciation Amortization | 166.3 | 177.7 | 152.6 | 139.7 | 77.8 | 52.6 | 48.0 | 39.5 | 36.0 | 10.2 | 7.3 |
| PBT & Exceptional Items | 1,145.9 | 1,434.5 | 1,041.7 | 806.4 | 268.0 | 110.9 | 64.2 | 89.1 | 67.3 | 12.9 | 9.5 |
| Less: Exceptional Income Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 70.5 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit Before Tax | 1,145.9 | 1,434.5 | 1,041.7 | 806.4 | 268.0 | 110.9 | 134.7 | 89.1 | 67.3 | 12.9 | 9.5 |
| Less: Taxation | 293.9 | 367.8 | 265.9 | 195.4 | 94.3 | 31.8 | 38.3 | 26.2 | 14.3 | 2.8 | 1.5 |
| Profit After Tax | 852.0 | 1,066.6 | 775.8 | 611.0 | 173.7 | 79.0 | 96.5 | 62.9 | 53.0 | 10.0 | 8.0 |
| Earnings Per Share | 62.5 | 78.2 | 56.9 | 44.5 | 12.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
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Financial Statement Analysis
PAT Growth
The Industry PAT Growth stands at 42.26, vs the PAT Growth of 251.85, which results in a Positive aspect.
PE Ratio
The Industry PE Ratio stands at 81.88, vs the PE Ratio of 45.29, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 12.89, vs the PAT Margin of 14.45, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 0.35, vs the Dividend Yield of 0.26, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 1,145.9 | 1,434.5 | 1,041.7 | 806.4 | 268.0 | 110.9 | 134.7 | 89.1 | 67.3 | 12.9 | 9.5 |
| Tax Paid | -260.0 | -353.5 | -236.5 | -198.5 | -56.1 | -27.9 | -16.2 | -18.8 | -14.0 | -2.9 | -0.2 |
| Adjustment | 172.6 | 207.2 | 237.9 | 266.0 | 160.7 | 100.9 | 7.7 | 79.8 | 72.9 | 23.4 | 19.5 |
| Changes In Working Capital | 1,145.9 | 1,434.5 | 1,041.7 | 806.4 | 268.0 | 110.9 | 134.7 | 89.1 | 67.3 | 12.9 | 9.5 |
| Cash Flow after changes in Working Capital | 909.9 | 1,177.3 | 1,238.4 | 963.1 | 116.4 | 210.9 | 65.2 | 186.1 | 122.0 | 27.1 | 24.7 |
| Cash Flow from Operating Activities | 649.9 | 823.8 | 1,001.9 | 764.7 | 60.3 | 183.0 | 49.0 | 167.3 | 108.0 | 24.1 | 24.5 |
| Cash Flow from Investing Activities | -276.1 | -424.1 | -396.2 | -427.9 | -162.6 | -524.7 | -352.6 | -169.4 | -89.1 | -12.1 | -11.5 |
| Cash Flow from Financing Activities | -359.1 | -385.8 | -599.0 | -337.6 | 95.8 | 345.3 | 304.6 | 4.3 | -22.3 | -9.5 | -13.3 |
| Net Cash Inflow / Outflow | 14.8 | 14.0 | 6.8 | -0.8 | -6.5 | 3.6 | 1.1 | 2.2 | -3.4 | 2.5 | -0.3 |
| Opening Cash & Cash Equivalents | 22.9 | 8.9 | 2.1 | 3.0 | 9.4 | 5.8 | 4.8 | 3.1 | 6.5 | 1.2 | 1.5 |
| Closing Cash & Cash Equivalent | 37.6 | 22.9 | 8.9 | 2.1 | 3.0 | 9.4 | 5.8 | 5.3 | 3.1 | 3.7 | 1.2 |
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Financial Statement Analysis
PFCF Ratio
The Industry PFCF Ratio stands at 16.10, vs the PFCF Ratio of 23.53, which results in a Positive aspect.
PCF RATIO
The Industry PCF RATIO stands at 45.57, vs the PCF RATIO of 6.90, which results in a Negative aspect.
| Particulars | Jun 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 | Sep 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 21,668.4 | 20,092.3 | 17,780.5 | 17,683.4 | 19,613.6 | 19,910.6 | 19,616.5 | 20,579.9 | 18,723.5 | 17,222.7 | 16,813.5 | 15,262.2 | 14,632.3 | 12,346.9 | 9,873.4 | 6,744.9 | 10,555.4 | 10,033.3 |
| Total Income | 21,856.5 | 20,227.8 | 17,950.9 | 18,002.1 | 19,739.3 | 20,044.2 | 19,736.9 | 20,676.0 | 18,758.9 | 17,480.2 | 16,897.8 | 15,344.7 | 14,691.7 | 12,395.7 | 9,910.4 | 6,812.4 | 10,577.4 | 10,111.8 |
| Total Expenditure | 18,576.5 | 17,045.8 | 14,757.9 | 15,585.9 | 16,134.0 | 16,764.7 | 16,908.0 | 17,020.1 | 14,620.2 | 13,704.2 | 12,948.1 | 10,747.2 | 10,085.7 | 8,996.5 | 7,113.9 | 4,928.6 | 7,934.6 | 7,528.6 |
| PBIDT (Excl OI) | 3,091.9 | 3,046.5 | 3,022.6 | 2,097.5 | 3,479.6 | 3,145.9 | 2,708.5 | 3,559.8 | 4,103.3 | 3,518.5 | 3,865.4 | 4,515.0 | 4,546.6 | 3,350.4 | 2,759.5 | 1,816.3 | 2,620.8 | 2,504.7 |
| Other Income | 188.1 | 135.5 | 170.4 | 318.7 | 125.7 | 133.6 | 120.4 | 96.1 | 35.4 | 257.5 | 84.3 | 82.5 | 59.4 | 48.8 | 37.0 | 67.5 | 22.0 | 78.5 |
| Operating Profit | 3,280.0 | 3,182.0 | 3,193.0 | 2,416.2 | 3,605.3 | 3,279.5 | 2,828.9 | 3,655.9 | 4,138.7 | 3,776.0 | 3,949.7 | 4,597.5 | 4,606.0 | 3,399.2 | 2,796.5 | 1,883.8 | 2,642.8 | 2,583.2 |
| Interest | 57.5 | 29.3 | 26.8 | 18.1 | 44.6 | 58.3 | 59.0 | 85.9 | 70.6 | 68.0 | 92.4 | 109.4 | 142.0 | 157.0 | 195.7 | 247.3 | 272.0 | 297.5 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PBDT | 3,222.5 | 3,152.7 | 3,166.2 | 2,398.1 | 3,560.7 | 3,221.2 | 2,769.9 | 3,570.0 | 4,068.1 | 3,708.0 | 3,857.3 | 4,488.1 | 4,464.0 | 3,242.2 | 2,600.8 | 1,636.5 | 2,370.8 | 2,285.7 |
| Depreciation | 474.5 | 416.9 | 394.3 | 380.8 | 409.2 | 411.0 | 424.0 | 418.8 | 446.2 | 454.7 | 440.5 | 435.6 | 564.6 | 339.2 | 312.4 | 310.1 | 362.3 | 351.4 |
| Profit Before Tax | 2,748.0 | 2,735.8 | 2,771.9 | 2,017.3 | 3,151.5 | 2,810.2 | 2,345.9 | 3,151.2 | 3,621.9 | 3,253.3 | 3,416.8 | 4,052.5 | 3,899.4 | 2,903.0 | 2,288.4 | 1,326.4 | 2,008.5 | 1,934.3 |
| Tax | 722.7 | 715.4 | 721.2 | 518.3 | 812.9 | 719.7 | 601.2 | 805.0 | 949.8 | 828.7 | 873.4 | 1,026.2 | 998.3 | 737.4 | 586.5 | 336.9 | 285.5 | 430.2 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | 2,025.3 | 2,020.4 | 2,050.7 | 1,499.0 | 2,338.6 | 2,090.5 | 1,744.7 | 2,346.2 | 2,672.1 | 2,424.6 | 2,543.4 | 3,026.3 | 2,901.1 | 2,165.6 | 1,701.9 | 989.5 | 1,723.0 | 1,504.1 |
| Net Profit | 2,025.3 | 2,020.4 | 2,050.7 | 1,499.0 | 2,338.6 | 2,090.5 | 1,744.7 | 2,346.2 | 2,672.1 | 2,424.6 | 2,543.4 | 3,026.3 | 2,901.1 | 2,165.6 | 1,701.9 | 989.5 | 1,723.0 | 1,504.1 |
| ADDITIONAL INFOS: | ||||||||||||||||||
| Equity Capital | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 | 272.8 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 14.9 | 14.8 | 15.0 | 11.0 | 17.2 | 15.3 | 12.8 | 17.2 | 19.6 | 17.8 | 18.7 | 22.2 | 21.3 | 15.9 | 12.5 | 7.3 | 12.6 | 11.0 |
| Operating Profit Margin | 15.1 | 15.8 | 18.0 | 13.7 | 18.4 | 16.5 | 14.4 | 17.8 | 22.1 | 21.9 | 23.5 | 30.1 | 31.5 | 27.5 | 28.3 | 27.9 | 25.0 | 25.7 |
| Net Profit Margin | 9.3 | 10.1 | 11.5 | 8.5 | 11.9 | 10.5 | 8.9 | 11.4 | 14.3 | 14.1 | 15.1 | 19.8 | 19.8 | 17.5 | 17.2 | 14.7 | 16.3 | 15.0 |
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Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 41.34, vs the Mcap Growth of 40.79, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 23.45, vs the Net Sales Growth of 56.66, which results in a Positive aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 2,754.45 | 2,847.63 | 2,640.19 |
| R3 | 2,724.63 | 2,715.05 | 2,618.52 |
| R2 | 2,694.82 | 2,690.03 | 2,611.30 |
| R1 | 2,645.83 | 2,636.25 | 2,604.07 |
| Pivot | 2,616.02 | 2,611.23 | 2,616.02 |
| S1 | 2,567.03 | 2,557.45 | 2,589.63 |
| S2 | 2,537.22 | 2,532.43 | 2,582.40 |
| S3 | 2,488.23 | 2,478.65 | 2,575.18 |
| S4 | 2,439.25 | 2,374.83 | 2,553.51 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
0.92
1 Week
0.94
1 Month
0.94
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Indicators
Stoch RSI
100.00
Bearish
RSI
81.69
Bearish
ROC
-4.15
Bearish
UltimateOscillator
43.84
Neutral
Williams Indicator
-93.45
Bullish
CCI Indicator
-148.85
Bullish
MACD
-1,196.55
Bearish
Stochastic Indicator
12.30
Neutral
ATR
102.18
High Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 27-07-2023 | 7.50 | 375 | Final |
| 25-07-2022 | 7.00 | 350 | Final |
| 20-07-2021 | 1.00 | 50 | Special |
| 20-07-2021 | 4.50 | 225 | Final |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 13-11-2024 | Quarterly Results |
| 13-02-2024 | Quarterly Results |
| 07-11-2023 | Quarterly Results |
| 03-08-2023 | Quarterly Results |
| 11-05-2023 | Audited Results |
| 11-05-2023 | Quarterly Results & Final Dividend & Audited Results |
| 07-02-2023 | Quarterly Results |
| 09-11-2022 | Quarterly Results |
| 02-08-2022 | Quarterly Results |
| 04-05-2022 | Audited Results & Dividend |
| 24-01-2022 | Quarterly Results |
| 22-12-2021 | Inter alia to consider raising of funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non- convertible debentures and warrants entitling the warrant holder (s) to apply for equity shares or any other eligible securities through qualified institutions placement, private placemenUpublic issue of equity/debt securities, preferential issue or through any other permissible mode and/or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the members through postal ballot and further subject to such other statutory/regulatory approvals, as applicable. |
| 27-10-2021 | Quarterly Results |
| 29-07-2021 | Quarterly Results |
| 05-05-2021 | Audited Results & Dividend |