Ticker >

Deepak Nitrite share price

Deepak Nitrite Ltd.

NSE: DEEPAKNTR BSE: 506401 SECTOR: Chemicals  488k   4k   1k

2851.20
+58.45 (2.09%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 2864

Today's Low

₹ 2721

52 Week High

₹ 2851.35

52 Week Low

₹ 1921.85

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

38888.38 Cr.

Enterprise Value

38902.91 Cr.

No. of Shares

13.64 Cr.

P/E

47.96

P/B

8.11

Face Value

₹ 2

Div. Yield

0.26 %

Book Value (TTM)

₹  351.68

CASH

39.95 Cr.

DEBT

54.48 Cr.

Promoter Holding

49.24 %

EPS (TTM)

₹  59.45

Sales Growth

-3.64%

ROE

18.25 %

ROCE

24.39%

Profit Growth

-4.83 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 20 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-3.64%
3 Year20.78%
5 Year23.26%

Profit Growth

1 Year-4.83%
3 Year1.49%
5 Year36.1%

ROE%

1 Year18.25%
3 Year26.24%
5 Year32.91%

ROCE %

1 Year24.39%
3 Year33.11%
5 Year35.39%

Debt/Equity

0.0452

Price to Cash Flow

59.84

Interest Cover Ratio

73.9616

CFO/PAT (5 Yr. Avg.)

0.948679846168881

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 49.24 0
Mar 2024 49.13 0
Dec 2023 49.13 0
Sep 2023 49.13 0
Jun 2023 49.13 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 20.7814433558677% for the Past 3 years.
  • The company has significantly decreased its debt by 246.2 Cr.
  • Company has been maintaining healthy ROE of 26.2376400368918% over the past 3 years.
  • Company has been maintaining healthy ROCE of 33.1128528248196% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 73.9616.
  • The Company has been maintaining an effective average operating margins of 21.3425814654239% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 56.5527 days.
  • Company has a healthy liquidity position with current ratio of 3.6196.

 Limitations

  • The company is trading at a high EV/EBITDA of 32.0881.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 1961.36 1768.34 1778.05 2009.23 2126.21
Total Expenditure 1613.4 1558.59 1475.79 1704.58 1825.09
Operating Profit 347.96 209.75 302.26 304.65 301.12
Other Income 12.57 31.87 17.04 13.55 19.13
Interest 4.46 1.81 2.68 2.93 4.41
Depreciation 40.92 38.08 39.43 41.69 46.46
Exceptional Items 0 0 0 0 79.8
Profit Before Tax 315.15 201.73 277.19 273.58 349.18
Tax 81.29 51.83 72.12 71.54 95.34
Profit After Tax 233.86 149.9 205.07 202.04 253.84
Adjustments 0 0 0.01 0.01 0.02
Consolidated Net Profit 233.86 149.9 205.08 202.05 253.86
Adjusted EPS (Rs) 17.15 10.99 15.04 14.81 18.61

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 4229.71 4359.75 6802.19 7972.06 7681.83
Total Expenditure 3201.22 3115.16 5207.39 6680.78 6555.28
Operating Profit 1028.49 1244.59 1594.8 1291.28 1126.55
Other Income 35.61 27.1 53.72 47.58 76.1
Interest 117.97 77.33 36.37 26.68 15.1
Depreciation 139.73 152.64 177.7 166.3 165.66
Exceptional Items 0 0 0 0 79.8
Profit Before Tax 806.4 1041.72 1434.45 1145.88 1101.72
Tax 195.37 265.91 367.81 293.88 290.83
Profit After Tax 611.03 775.81 1066.64 852 810.89
Adjustments -3.82 0 0 0 0.01
Consolidated Net Profit 607.21 775.81 1066.64 852 810.9
Adjusted EPS (Rs.) 44.52 56.88 78.2 62.46 59.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 27.28 27.28 27.28 27.28 27.28
Total Reserves 1544.63 2319.37 3311.16 4062.68 4769.34
Minority Interest 0 0 0 0 26.06
Borrowings 779.43 524.04 187.49 43.02 216.95
Other N/C liabilities 108.32 136.13 157.61 201.85 269.36
Current liabilities 748.95 553.48 746.93 793.76 785.06
Total Liabilities 3208.61 3560.3 4430.47 5128.59 6094.05
Assets
Net Block 1831.98 1863.74 1963.43 1941.61 2292.72
Capital WIP 172.27 206.76 103.69 282.59 773.51
Intangible WIP 0 13.68 18.54 18.24 0
Investments 2.38 2.5 2.23 2.48 2.69
Loans & Advances 45.45 21.29 57.52 144.28 182.83
Other N/C Assets 0.23 0.15 0.32 0.32 0.7
Current Assets 1156.3 1452.18 2284.74 2739.07 2841.6
Total Assets 3208.61 3560.3 4430.47 5128.59 6094.05
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 806.4 1041.72 1434.45 1145.88 1101.72
Adjustment 265.96 237.87 207.16 172.59 114.77
Changes in Assets & Liabilities -109.22 -41.19 -464.32 -408.53 -71.98
Tax Paid -198.48 -236.5 -353.45 -260.02 -266.45
Operating Cash Flow 764.66 1001.9 823.84 649.92 878.06
Investing Cash Flow -427.92 -396.16 -424.05 -276.05 -721.26
Financing Cash Flow -337.56 -598.99 -385.82 -359.08 43.53
Net Cash Flow -0.82 6.75 13.97 14.79 200.33

Corporate Actions

Investors Details

PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
promoters 49.13 49.13 49.13 49.13 49.24
aadya meghav mehta 0.03 0.03 0.03 0.03 0.03
ahaana maulik mehta 0.03 0.03 0.03 0.03 0.03
checkpoint credits and ca... 5.28 5.28 5.28 5.28 5.28
deepak chimanlal mehta 16.02 16.54 16.54 16.52 16.52
deepak novochem technolog... 3.41 3.41 3.41 3.41 3.41
forex leafin pvt ltd 1.59 1.59 1.59 1.59 1.59
hardik leafin pvt ltd 0.25 0.25 0.25 0.25 0.25
ila deepak mehta 0.29 0.29 0.29 0.29 0.40
maulik deepak mehta 0.10 0.10 0.10 0.10 0.10
meghav deepak mehta 0.03 0.03 0.03 0.03 0.03
prahaan maulik mehta 0.03 0.03 0.03 0.03 0.03
pranawa leafin pvt ltd 1.69 1.69 1.69 1.69 1.69
sahay meghav mehta - - - 0.02 0.02
skyrose finvest pvt ltd 2.81 2.81 2.81 2.81 2.81
stepup credits and capita... 5.07 5.07 5.07 5.07 5.07
stiffen credits and capit... 6.19 6.19 6.19 6.19 6.19
stigma credits and capita... 4.54 4.54 4.54 4.54 4.54
storewell credits and cap... 0.65 0.65 0.65 0.65 0.65
sundown finvest pvt ltd 0.61 0.61 0.61 0.61 0.61
chimanlal khimchand mehta... 0.52 - - - -
PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 50.87 50.87 50.87 50.87 50.76
franklin india smaller co... 2.44 2.53 - 2.53 2.57
investor education and pr... - - - - 0.46
life insurance corporatio... 6.79 8.12 8.94 9.08 9.47
mirae asset large & midca... - - - - 1.02
motilal oswal midcap fund... - 2.49 2.53 1.96 1.80
nippon life india trustee... - - - - 1.24
investor education and pr... 0.46 0.45 0.46 0.46 -
nippon life india trustee... - - - 1.27 -
franklin india smaller ca... - - 2.53 - -
nippon life india trustee... - - 1.26 - -
nippon life india trustee... - 1.27 - - -
government pension fund g... 1.26 - - - -
llp 0.05 - - - -
motilal oswal flexi cap f... 2.37 - - - -
nippon life india trustee... 1.42 - - - -
sbi multicap fund 1.03 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Deepak Nitrite informs about notice publication15 Jul 2024, 4:17PM Deepak Nitrite informs about details of loss of certificate14 Jun 2024, 5:11PM Deepak Nitrite’s arm inks pact to acquire 100% stake in Narmada Thermal Power31 May 2024, 6:20PM Deepak Nitrite reports 9% rise in Q4 consolidated net profit21 May 2024, 2:21PM Deepak Nitrite - Quaterly Results20 May 2024, 9:12PM Deepak Nitrite - Quaterly Results20 May 2024, 9:12PM Deepak Nitrite informs about newspaper publication of postal ballot notice21 Mar 2024, 5:11PM Deepak Nitrite’s arm commences manufacturing operations of Fluorination Plant 21 Mar 2024, 3:30PM Deepak Nitrite informs about details of loss of certificate23 Feb 2024, 1:02PM Deepak Nitrite informs about loss of share certificates21 Feb 2024, 5:09PM Deepak Nitrite - Quaterly Results13 Feb 2024, 7:32PM Deepak Nitrite - Quaterly Results13 Feb 2024, 7:32PM Deepak Nitrite informs about conference call9 Feb 2024, 5:24PM Deepak Nitrite’s arm to invest Rs 9,000 crore to establish projects in Dahej1 Feb 2024, 10:50AM Deepak Nitrite’s arm to offtake propylene, hydrogen from Petronet LNG21 Dec 2023, 10:42AM Deepak Nitrite informs about details of loss of certificate 19 Dec 2023, 1:19PM Deepak Nitrite incorporates wholly owned subsidiary4 Dec 2023, 3:18PM Deepak Nitrite informs about details of loss of certificate 28 Nov 2023, 12:09PM Deepak Nitrite informs about results presentation9 Nov 2023, 12:39PM Deepak Nitrite - Quaterly Results7 Nov 2023, 6:58PM Deepak Nitrite - Quaterly Results7 Nov 2023, 6:58PM Deepak Nitrite gets nod for incorporation of wholly owned subsidiary4 Oct 2023, 2:59PM Deepak Nitrite informs about loss of share certificates20 Sep 2023, 2:15PM Deepak Nitrite informs about details of loss of certificate 18 Aug 2023, 12:51PM Deepak Nitrite informs about results presentation4 Aug 2023, 2:22PM Deepak Nitrite - Quaterly Results3 Aug 2023, 6:27PM Deepak Nitrite - Quaterly Results3 Aug 2023, 6:27PM Deepak Nitrite - Quaterly Results3 Aug 2023, 6:27PM Deepak Nitrite informs about issue of duplicate certificate12 Jun 2023, 12:13PM Deepak Nitrite’s arm signs MoU with Government of Gujarat 24 May 2023, 10:42AM Deepak Nitrite informs about secretarial compliance report19 May 2023, 12:54PM Deepak Nitrite - Quaterly Results11 May 2023, 7:43PM Deepak Nitrite - Quaterly Results11 May 2023, 7:43PM Deepak Nitrite informs about non-applicability of large corporate entity 20 Apr 2023, 4:44PM Deepak Nitrite informs about loss of share certificate23 Mar 2023, 1:53PM Deepak Nitrite informs about loss of share certificates21 Mar 2023, 2:39PM Deepak Nitrite informs about disclosure1 Mar 2023, 4:55PM Deepak Nitrite informs about transcript of earnings call15 Feb 2023, 5:21PM Deepak Nitrite - Quaterly Results7 Feb 2023, 7:03PM Deepak Nitrite - Quaterly Results7 Feb 2023, 7:03PM Deepak Nitrite informs about board meeting25 Jan 2023, 4:26PM Deepak Nitrite informs about closure of trading window 28 Dec 2022, 2:52PM Deepak Nitrite informs about loss of share certificates16 Dec 2022, 11:51AM Deepak Nitrite - Quaterly Results9 Nov 2022, 7:44PM Deepak Nitrite - Quaterly Results9 Nov 2022, 7:44PM Deepak Nitrite informs about loss of share certificates12 Oct 2022, 12:40PM Deepak Nitrite - Quaterly Results2 Aug 2022, 8:07PM Deepak Nitrite - Quaterly Results2 Aug 2022, 8:07PM Deepak Nitrite informs about newspaper clippings12 Jul 2022, 5:04PM Deepak Nitrite informs about loss of share certificate16 Jun 2022, 5:06PM

Deepak Nitrite Stock Price Analysis and Quick Research Report. Is Deepak Nitrite an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Deepak Nitrite stock price today is Rs 2851.2. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Deepak Nitrite . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Deepak Nitrite has a PE ratio of 47.9570485692948 which is high and comparatively overvalued .

  • Share Price: - The current share price of Deepak Nitrite is Rs 2851.2. One can use valuation calculators of ticker to know if Deepak Nitrite share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Deepak Nitrite has ROA of 14.451 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Deepak Nitrite has a Current ratio of 3.6196 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Deepak Nitrite has a ROE of 18.2498 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Deepak Nitrite has a Debt to Equity ratio of 0.0452 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Deepak Nitrite has reported revenue growth of -3.6406 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Deepak Nitrite for the current financial year is 16.1975700132714 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Deepak Nitrite is Rs 7.5 and the yield is 0.2629 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Deepak Nitrite is Rs 59.4532 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Deepak Nitrite in Ticker for free. Also, one can get the intrinsic value of Deepak Nitrite by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Deepak Nitrite

Deepak Nitrite Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Deepak Nitrite Ltd. is a leading chemical company in India that offers a wide range of products and services. In this stock analysis page, we will explore various aspects of the company that long-term investors should consider before investing in the company.

Deepak Nitrite Ltd. Share Price 

The share price of Deepak Nitrite Ltd. is a crucial metric for investors. It reflects the market's perception of the company's future prospects. Our pre-built screening tools allow investors to track the share price of Deepak Nitrite Ltd. over time and compare it with other companies in the same industry.

Deepak Nitrite Ltd. Balance Sheet 

The balance sheet of Deepak Nitrite Ltd. provides insights into the company's financial health. It shows the company's assets, liabilities, and equity at a specific point in time. Our premium features allow investors to perform fair value calculations using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Deepak Nitrite Ltd. Annual Report 

The annual report of Deepak Nitrite Ltd. is a comprehensive document that provides an overview of the company's performance over the past year. It includes financial statements, management commentary, and a discussion of the company's future plans. Investors can download the annual report from Ticker and use it to gain a better understanding of the company's operations.

Deepak Nitrite Ltd. Dividend 

Deepak Nitrite Ltd. has a history of paying dividends to its shareholders. The dividend is a portion of the company's profits that is distributed to shareholders. Ticker pre-built screening tools allow investors to track the dividend history of Deepak Nitrite Ltd. and compare it with other companies in the same industry.

Deepak Nitrite Ltd. Quarterly Result 

The quarterly result of Deepak Nitrite Ltd. provides insights into the company's performance over the past three months. It includes financial statements, management commentary, and a discussion of the company's future plans. Investors can download the quarterly result from Ticker and use it to gain a better understanding of the company's operations.

Deepak Nitrite Ltd. Stock Price 

The stock price of Deepak Nitrite Ltd. is influenced by various factors such as market sentiment, economic conditions, and company-specific news. Ticker pre-built screening tools allow investors to track the stock price of Deepak Nitrite Ltd. over time and compare it with other companies in the same industry.

Deepak Nitrite Ltd. Price Chart 

The price chart of Deepak Nitrite Ltd. provides a visual representation of the company's stock price over time. It allows investors to identify trends and patterns in the stock price and make informed investment decisions.

Deepak Nitrite Ltd. News 

The news section of Ticker provides investors with the latest news and updates on Deepak Nitrite Ltd. It includes company-specific news, industry news, and economic news that could impact the company's stock price.

Deepak Nitrite Ltd. Concall 

The concall section of Ticker provides investors with access to the company's conference call transcripts. It allows investors to gain insights into the company's management commentary and future plans.

Deepak Nitrite Ltd. Transcripts 

The transcripts section of Ticker provides investors with access to the company's transcripts from various events such as investor presentations, analyst meetings, and earnings calls. It allows investors to gain insights into the company's operations and future plans.

Deepak Nitrite Ltd. Investor Presentations 

The investor presentations section of Ticker provides investors with access to the company's presentations to investors and analysts. It includes information on the company's operations, financial performance, and future plans.

Deepak Nitrite Ltd. Promoters 

The promoters of Deepak Nitrite Ltd. are the Mehta family, who have been associated with the company since its inception. The Mehta family has a long history of successful businesses in various industries, and their reputation adds credibility to Deepak Nitrite Ltd.

Deepak Nitrite Ltd. Shareholders 

Deepak Nitrite Ltd. has a diverse shareholder base, including institutional investors, retail investors, and the Mehta family. Ticker pre-built screening tools allow investors to track the shareholder structure of Deepak Nitrite Ltd. and compare it with other companies in the same industry.

Deepak Nitrite Ltd. ROCE

Return on Capital Employed (ROCE) is a key metric for assessing the efficiency and profitability of a company by measuring the returns generated from the capital employed. On the Deepak Nitrite Ltd. stock analysis page, you can explore the ROCE data of the company in the financials table or ratio section. ROCE provides valuable insights into how effectively Deepak Nitrite Ltd. utilizes its capital to generate profits for its shareholders.

Deepak Nitrite Ltd. EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is a significant indicator of a company's operating performance and cash flow. By analyzing Deepak Nitrite Ltd. EBITDA data available on the stock analysis page, investors can gain an understanding of the company's operational profitability apart from non-operating expenses, providing a clearer picture of its financial health.

Deepak Nitrite Ltd. DPS

Dividends per Share (DPS) is a crucial metric for investors seeking income from their investments in Deepak Nitrite Ltd. The stock analysis page offers the DPS details in the financials table or ratio section. DPS allows shareholders to evaluate the dividend distribution relative to the number of shares held, aiding in assessing the company's dividend policy and potential returns.

Deepak Nitrite Ltd. EPS

Earnings per Share (EPS) is a widely-used financial ratio that reveals a company's profitability on a per-share basis. On the Deepak Nitrite Ltd. stock analysis page, investors can access the EPS data in the financials table or ratio section. EPS assists investors in understanding Deepak Nitrite Ltd.'s earnings performance and estimating the potential for earnings growth and shareholder returns.

Read More
X