Deepak Nitrite Limited (DEEPAKNTR) AI Stock Analysis

• Market Cap: ₹217.84B
• Dividend Yield: 0.44%
• Average Volume (3M): 14.60K
• Price to Earnings (P/E): 41.0
• Beta (1Y): 0.99
• Revenue Growth: -7.50%
• EPS Growth: -37.67%
• Country: IN
• Employees: 1,720
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): 8.70
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹1,597.00 ▼(-4.35% Downside)

Deepak Nitrite Limited's overall stock score is primarily influenced by its strong financial position, characterized by consistent revenue growth and low debt levels. However, the bearish technical indicators and high valuation relative to earnings suggest caution. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Strong Financial Stability

The company's strong financial health and effective cost management indicate a robust foundation, supporting long-term growth and resilience in the chemical industry.

Low Debt Profile

A low debt profile enhances financial flexibility and reduces risk, allowing the company to invest in growth opportunities without excessive financial strain.

Operational Efficiency

Strong EBIT and EBITDA margins demonstrate the company's ability to maintain operational efficiency, which is crucial for sustaining profitability in a competitive market.

Negative Factors

Declining Profit Margins

Decreasing profit margins can impact the company's ability to generate earnings, posing a challenge to maintaining long-term profitability and shareholder value.

Negative Free Cash Flow

Negative free cash flow, if persistent, can limit the company's ability to invest in growth and innovation, potentially affecting its competitive position.

Revenue Decline

A substantial decline in revenue growth can signal challenges in market demand or competitive pressures, impacting the company's long-term growth prospects.

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, 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.

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: 1669.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1669.6 is above the 20-day moving average (MA) of 1660.43, above the 50-day MA of 1650.20, and below the 200-day MA of 1834.66, indicating a bearish trend. The MACD of 1.44 indicates Positive momentum. The RSI at 40.12 is Neutral, neither overbought nor oversold. The STOCH value of 8.17 is Positive, 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
GNFC	70 Outperform	₹70.48B	11.08	―	3.68%	-7.53%	42.74%
NAVINFLUOR	64 Neutral	₹292.10B	64.27	―	0.23%	30.05%	70.18%
DEEPAKFERT	62 Neutral	₹152.26B	15.47	―	0.80%	21.68%	45.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FLUOROCHEM	60 Neutral	₹379.02B	55.74	―	0.08%	8.36%	65.83%
TATACHEM	54 Neutral	₹190.37B	86.53	―	1.42%	-1.99%	―
DEEPAKNTR	52 Neutral	₹217.84B	40.99	―	0.44%	-7.50%	-37.67%