Deepak Nitrite Limited
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, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brightening agent, DASDA, and benzotrifluoride for colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, and textiles industries. It provides cumene, phenol, acetone, isopropyl alcohol, and alpha methyl styrene for various applications including laminate and plywood, automotive, construction, pharmaceuticals, adhesives, sanitisers, rubber, chemicals, paints, etc. In addition, the company offers 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; nitric acid, ortho and para cumidines; and TFMAP, as well as project engineering, procurement, construction, commissioning, management, and consultancy services. The company was incorporated in 1970 and is headquartered in Vadodara, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 24.0%
Concerns1
- Valuation elevated β PE of 101.0x is 112% above Materials median of 47.5x
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.53 K Cr | β | βΉ276.00 Cr | β | β | 8.8% | -7.3% | -36.3% |
| Mar 2024 | βΉ2.72 K Cr | β | βΉ433.00 Cr | β | β | 14.7% | -10.2% | -7.7% |
| Mar 2023 | βΉ3.03 K Cr | β | βΉ469.00 Cr | β | β | 17.9% | 20.8% | -3.5% |
| Mar 2022 | βΉ2.51 K Cr | β | βΉ486.00 Cr | β | β | 21.5% | 38.8% | 36.9% |
| Mar 2021 | βΉ1.81 K Cr | β | βΉ355.00 Cr | β | β | 19.3% | -18.9% | -34.7% |
| Mar 2020 | βΉ2.23 K Cr | β | βΉ544.00 Cr | β | β | 36.5% | 24.4% | 294.2% |
| Mar 2019 | βΉ1.79 K Cr | β | βΉ138.00 Cr | β | β | 13.0% | 23.2% | 66.3% |
| Mar 2018 | βΉ1.46 K Cr | β | βΉ83.00 Cr | β | β | 8.8% | 18.0% | -25.2% |
| Mar 2017 | βΉ1.23 K Cr | β | βΉ111.00 Cr | β | β | 15.2% | -7.7% | 70.8% |
| Mar 2016 | βΉ1.34 K Cr | β | βΉ65.00 Cr | β | β | 13.7% | 0.7% | 22.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,434 |
| Total Expenses | 2,209 |
| EBIT / Operating Profit | 226 |
| OPM % | 9% |
| Other Income | 134 |
| Finance Costs | 4 |
| Depreciation & Amortisation | 102 |
| Profit Before Tax | 254 |
| Tax % | - |
| Net Profit / PAT | 213 |
| EPS (βΉ) | 15.62 |
| Dividend Payout % | - |
Peer Comparison
Materials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Deepak Nitrite Limitedthis co. | βΉ21.43 K Cr | βΉ2.53 K Cr | 101.00 | 6.77 | 32.62 | -7.3% |
| UltraTech Cement Ltd | βΉ3.55 L Cr | βΉ71.89 K Cr | 48.60 | 5.02 | 27.23 | 4.7% |
| JSW Steel Limited | βΉ2.88 L Cr | βΉ1.28 L Cr | 38.00 | 3.45 | 14.23 | -5.5% |
| Asian Paints Ltd. | βΉ2.77 L Cr | βΉ29.55 K Cr | 69.60 | 14.50 | 35.04 | -5.4% |
| Hindustan Zinc Ltd. | βΉ2.66 L Cr | βΉ33.97 K Cr | 25.50 | 19.57 | 18.58 | 17.4% |
| Coal India Limited | βΉ2.64 L Cr | βΉ1.59 K Cr | 12.40 | 13.24 | 16.33 | 5.1% |
| Vedanta Limited | βΉ2.49 L Cr | βΉ74.30 K Cr | 26.50 | 3.37 | 12.82 | 5.0% |
| Industry Average | β | βΉ10.75 K Cr | 47.54 | 5.23 | 30.19 | 121.8% |