Deepak Nitrite Limited (IN:DEEPAKNTR)
:DEEPAKNTR
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Deepak Nitrite Limited
(DEEPAKNTR)
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Rating:56Neutral
Price Target:
₹1,882.00
▲(12.72% Upside)
Action:Reiterated
Date:05/17/26
The score is held back primarily by weakened financial performance (margin compression and negative free cash flow) and a rich valuation (high P/E with low yield). These are partially offset by strong technical momentum, with the stock trading above key moving averages and supported by a positive MACD.
Positive Factors
Diversified end markets
Serving a wide set of end markets (pharma, agrochemicals, dyes, plastics, personal care and other industrials) reduces customer and cycle concentration. This diversification supports more stable demand and revenue streams over the medium term, cushioning cyclical volatility.
Negative Factors
Margin compression
Sharp decline in gross and net margins signals lasting cost or pricing pressure and weaker operating leverage. Persistently lower margins erode return on capital, limit reinvestment capacity, and make profitability vulnerable unless product mix or pricing improves materially.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified end markets
Serving a wide set of end markets (pharma, agrochemicals, dyes, plastics, personal care and other industrials) reduces customer and cycle concentration. This diversification supports more stable demand and revenue streams over the medium term, cushioning cyclical volatility.
Read all positive factors
Deepak Nitrite Limited (DEEPAKNTR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹238.42B
Dividend Yield0.44%
Average Volume (3M)14.60K
Price to Earnings (P/E)31.9
Beta (1Y)0.87
Revenue Growth-4.13%
EPS Growth-21.05%
CountryIN
Employees1,720
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)38.96
Shares Outstanding136,393,040
10 Day Avg. Volume7,578
30 Day Avg. Volume14,598
Financial Highlights & Ratios
PEG Ratio-1.52
Price to Book (P/B)3.01
Price to Sales (P/S)2.25
P/FCF Ratio-26.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)54.86
Revenue Forecast (FY)₹90.07B
Deepak Nitrite Limited Business Overview & Revenue Model
Company Description
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, ...
How the Company Makes Money
Deepak Nitrite primarily makes money by manufacturing and selling chemicals and chemical intermediates to industrial customers. Revenue is generated from (1) sales volumes and product mix across its chemical portfolio and (2) pricing that is influ...
Deepak Nitrite Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
70
Positive
Cash Flow
35
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.84B | 77.85B | 80.91B | 76.10B | 78.83B | 67.73B |
| Gross Profit | 17.76B | 11.47B | 18.03B | 18.79B | 19.54B | 21.91B |
| EBITDA | 9.67B | 8.79B | 11.76B | 12.79B | 13.37B | 16.46B |
| Net Income | 5.31B | 5.51B | 6.97B | 8.11B | 8.52B | 10.67B |
Balance Sheet | ||||||
| Total Assets | 78.83B | 86.81B | 77.18B | 60.96B | 51.29B | 44.30B |
| Cash, Cash Equivalents and Short-Term Investments | 3.39B | 4.64B | 9.14B | 5.83B | 4.16B | 4.79B |
| Total Debt | 12.44B | 16.38B | 12.67B | 2.86B | 728.60M | 3.15B |
| Total Liabilities | 23.33B | 28.11B | 22.93B | 12.74B | 10.39B | 10.92B |
| Stockholders Equity | 55.15B | 58.37B | 53.89B | 47.97B | 40.90B | 33.38B |
Cash Flow | ||||||
| Free Cash Flow | -4.58B | -6.67B | -4.83B | 1.06B | 2.89B | 6.37B |
| Operating Cash Flow | 2.04B | 5.17B | 6.39B | 8.78B | 6.50B | 8.24B |
| Investing Cash Flow | -2.15B | -6.85B | -15.25B | -7.22B | -2.76B | -4.24B |
| Financing Cash Flow | -1.46B | 2.32B | 8.26B | 435.30M | -3.59B | -3.86B |
Deepak Nitrite Limited Technical Analysis
Positive
1669.60
Price Trends
1569.40
Positive
1600.23
Positive
1673.89
Positive
Market Momentum
72.50
Positive
60.81
Neutral
41.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DEEPAKNTR, the sentiment is Positive. The current price of 1669.6 is below the 20-day moving average (MA) of 1774.90, above the 50-day MA of 1569.40, and below the 200-day MA of 1673.89, indicating a bullish trend. The MACD of 72.50 indicates Positive momentum. The RSI at 60.81 is Neutral, neither overbought nor oversold. The STOCH value of 41.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DEEPAKNTR.
Deepak Nitrite Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ₹76.22B | 6.67 | ― | 3.68% | -1.51% | 35.32% | |
74 Outperform | ₹160.65B | 28.71 | ― | 0.80% | 15.15% | 0.45% | |
70 Outperform | ₹354.30B | 37.13 | ― | 0.23% | 41.05% | 124.02% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ₹405.22B | 98.66 | ― | 0.08% | 4.46% | 44.09% | |
56 Neutral | ₹238.42B | 31.88 | ― | 0.44% | -4.13% | -21.05% | |
56 Neutral | ₹185.97B | -7.84 | ― | 1.42% | -2.04% | -906.72% |
* Basic Materials Sector Average
IN:DEEPAKNTR
Deepak Nitrite Limited
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Deepak Nitrite Limited Corporate Events
Deepak Nitrite Revamps Board With New Deputy MDs and Independent Directors
Apr 3, 2026
Deepak Nitrite Limited has undertaken a broad refresh of its leadership structure, with the board approving multiple senior appointments and re‑appointments, all subject to shareholder approval at the upcoming annual general meeting. The mov...
Deepak Nitrite to Engage Investors at IIFL Entrepreneurial India Conference 2026
Feb 23, 2026
Deepak Nitrite Limited has announced that its management representatives will participate in the IIFL 17th Entrepreneurial India Conference 2026 in Mumbai on February 26, 2026, engaging in one-on-one and group meetings with analysts and institutio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.