Deepak Nitrite Limited (DEEPAKNTR) AI Stock Analysis

• Market Cap: ₹238.82B
• Dividend Yield: 0.44%
• Average Volume (3M): 14.60K
• Price to Earnings (P/E): 39.4
• Beta (1Y): 1.00
• Revenue Growth: -2.76%
• EPS Growth: -29.72%
• Country: IN
• Employees: 1,720
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): 8.20
• Shares Outstanding: 136,393,040
• 10 Day Avg. Volume: 7,578
• 30 Day Avg. Volume: 14,598
• PEG Ratio: -2.76
• Price to Book (P/B): 5.02
• Price to Sales (P/S): 3.33
• P/FCF Ratio: -55.97
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,950.00
• Price Target Upside: 13.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹1,865.00 ▲(8.33% Upside)

Deepak Nitrite Limited's overall stock score is primarily influenced by its strong financial performance, characterized by consistent revenue growth and effective cost management. However, the stock's technical indicators suggest a bearish trend, and its high P/E ratio indicates potential overvaluation. The lack of earnings call data and corporate events means these factors did not influence the score.

Deepak Nitrite Limited Business Overview & Revenue Model

Company Description

Deepak Nitrite Limited (DEEPAKNTR) is a leading Indian chemical manufacturer that specializes in producing a wide range of chemicals for various sectors, including agriculture, pharmaceuticals, and specialty chemicals. Established in 1970, the company operates through multiple segments, including Basic Chemicals, Fine & Specialty Chemicals, and Performance Products. Its core products include nitrobenzene, aniline, and other intermediates that are essential in the production of dyes, agrochemicals, and pharmaceuticals.

How the Company Makes Money

Deepak Nitrite generates revenue through the production and sale of its core chemical products across various industries. The company has a diversified revenue model that includes multiple key revenue streams: sales of basic chemicals, fine and specialty chemicals, and performance products. Additionally, Deepak Nitrite engages in exports, contributing significantly to its earnings. The company has established partnerships with various industries, including agriculture and pharmaceuticals, which help in securing long-term contracts and expanding its market reach. The demand for its products is driven by growth in sectors such as agrochemicals and pharmaceuticals, alongside a focus on innovation and development of new chemical formulations to meet evolving market needs.

Deepak Nitrite Limited Financial Statement Overview

Summary

Deepak Nitrite Limited demonstrates a strong financial position with consistent revenue growth and effective cost management, as seen in the EBIT and EBITDA margins. The company maintains a low debt profile, enhancing its financial stability. However, recent declines in profitability margins and free cash flow warrant close monitoring to ensure continued financial health.

Income Statement

The company has shown consistent revenue growth over the years, with a notable increase from 2024 to 2025. However, there is a decline in gross profit and net income margins in the latest year, indicating potential pressure on profitability. The EBIT and EBITDA margins remain robust, reflecting operational efficiency despite revenue fluctuations.

Balance Sheet

Deepak Nitrite Limited's balance sheet shows strong equity growth, leading to a favorable equity ratio. The debt-to-equity ratio remains low, suggesting financial stability and low leverage risk. However, the decreasing gross profit margin could affect future equity returns.

Cash Flow

The company experienced a decline in free cash flow in 2025, driven by significant capital expenditures. The operating cash flow to net income ratio indicates solid cash generation from operations, but the negative free cash flow could pose concerns if it persists.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	78.44B	81.21B	76.82B	79.72B	67.73B	43.33B
Gross Profit	15.83B	12.82B	19.09B	20.83B	22.07B	17.91B
EBITDA	10.62B	11.76B	12.82B	13.39B	16.49B	12.72B
Net Income	6.07B	6.97B	8.11B	8.52B	10.67B	7.76B
Balance Sheet
Total Assets	0.00	77.18B	60.96B	51.29B	44.30B	35.60B
Cash, Cash Equivalents and Short-Term Investments	9.13B	9.14B	5.83B	4.16B	4.79B	2.21B
Total Debt	0.00	12.67B	2.86B	728.60M	3.15B	5.90B
Total Liabilities	-54.25B	22.93B	12.74B	10.39B	10.92B	12.14B
Stockholders Equity	54.25B	53.89B	47.97B	40.90B	33.38B	23.47B
Cash Flow
Free Cash Flow	0.00	-4.83B	1.06B	2.89B	6.37B	7.89B
Operating Cash Flow	0.00	6.39B	8.78B	6.50B	8.24B	9.99B
Investing Cash Flow	0.00	-15.25B	-7.22B	-2.76B	-4.24B	-3.96B
Financing Cash Flow	0.00	8.26B	435.30M	-3.59B	-3.86B	-5.96B

Deepak Nitrite Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1721.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DEEPAKNTR, the sentiment is Negative. The current price of 1721.65 is below the 20-day moving average (MA) of 1756.24, below the 50-day MA of 1782.23, and below the 200-day MA of 1936.90, indicating a bearish trend. The MACD of -18.64 indicates Positive momentum. The RSI at 35.44 is Neutral, neither overbought nor oversold. The STOCH value of 22.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DEEPAKNTR.

Deepak Nitrite Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DEEPAKFERT	73 Outperform	₹189.84B	19.35	―	0.70%	21.68%	45.18%
GNFC	70 Outperform	₹72.90B	12.97	―	3.67%	-9.97%	9.63%
NAVINFLUOR	64 Neutral	₹310.07B	68.25	―	0.23%	30.05%	70.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FLUOROCHEM	60 Neutral	₹403.35B	64.85	―	0.08%	13.99%	81.98%
DEEPAKNTR	57 Neutral	₹238.82B	39.35	―	0.44%	-2.76%	-29.72%
TATACHEM	57 Neutral	₹227.36B	103.34	―	1.28%	-1.99%	―

Deepak Nitrite Limited Corporate Events

Deepak Nitrite Unveils Advanced R&D Centre to Boost Innovation

Deepak Nitrite Limited has inaugurated a state-of-the-art Research and Development Centre (DRDC) at Savli, Vadodara, designed to enhance its R&D and innovation capabilities. This facility, spread over a 5-acre green campus, is equipped with advanced laboratories and pilot plants, and aims to accelerate the company’s pioneering work in chemistry, leveraging renewable solar energy for its operations.

Deepak Nitrite Confirms Compliance with SEBI Regulations for Q3 2025

Deepak Nitrite Limited has announced the receipt of a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirming the dematerialization of securities for the quarter ending September 30, 2025. This announcement signifies the company’s adherence to regulatory requirements and ensures that its securities are properly listed and managed, reflecting its commitment to maintaining transparency and compliance in its operations.

Deepak Nitrite Strengthens Subsidiary’s Capital Base with ₹48 Crore Share Issue

Deepak Nitrite Limited announced that its wholly-owned subsidiary, Deepak Chem Tech Limited, has issued 48,00,000 9% Optionally Convertible Redeemable Preference Shares to another subsidiary, Deepak Phenotics Limited, for a total of ₹48 Crores. This transaction aims to strengthen the capital base of Deepak Chem Tech Limited, allowing it to support project expenses and general corporate purposes, aligning with the company’s main line of business.