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Deepak Nitrite

  • Market Cap: Large Cap
  • Industry: Chemicals
  • ISIN: INE288B01029
  • NSEID: DEEPAKNTR
  • BSEID: 506401
INR
1,901.25
93.75 (5.19%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.08 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.08 lacs (138.57%) Volume

Shareholding (Sep 2024)

FII

6.69%

Held by 189 FIIs

DII

22.29%

Held by 29 DIIs

Promoter

49.24%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate 1.44% of over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 15.6, it has a Expensive valuation with a 4.8 Price to Book Value

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Chemicals

stock-summary
Market cap

INR 25,932 Cr (Large Cap)

stock-summary
P/E

36.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

0.41%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

15.62%

stock-summary
Price to Book

4.85

Revenue and Profits (1 Year):
Net Sales:
1,903 Cr
(Quarterly Results - Dec 2024)
Net Profit:
98 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.41%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-32.78%
0%
-32.78%
1 Year
-17.21%
0.30%
-16.91%
2 Years
3.66%
0.39%
4.05%
3 Years
-16.88%
0.75%
-16.13%
4 Years
13.0%
0.90%
13.9%
5 Years
305.08%
3.14%
308.22%

Latest dividend: 7.5 per share ex-dividend date: Jul-29-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.49%
EBIT Growth (5y)
1.44%
EBIT to Interest (avg)
42.57
Debt to EBITDA (avg)
0.39
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.68
Tax Ratio
26.83%
Dividend Payout Ratio
12.62%
Pledged Shares
0
Institutional Holding
29.82%
ROCE (avg)
33.55%
ROE (avg)
25.85%
Valuation key factors
Factor
Value
P/E Ratio
36
Industry P/E
41
Price to Book Value
4.84
EV to EBIT
27.84
EV to EBITDA
22.91
EV to Capital Employed
4.84
EV to Sales
3.00
PEG Ratio
NA
Dividend Yield
0.41%
ROCE (Latest)
20.19%
ROE (Latest)
15.62%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 28 Schemes (11.43%)

FIIs

Held by 189 FIIs (6.69%)

Promoter with highest holding

Deepak Chimanlal Mehta (16.52%)

Highest Public shareholder

Life Insurance Corporation Of India (9.47%)

Individual Investors Holdings

18.61%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -6.33% vs -6.22% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -49.49% vs -4.12% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,903.40",
          "val2": "2,032.00",
          "chgp": "-6.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "168.54",
          "val2": "297.52",
          "chgp": "-43.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.11",
          "val2": "6.30",
          "chgp": "-3.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "98.09",
          "val2": "194.19",
          "chgp": "-49.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.85%",
          "val2": "14.64%",
          "chgp": "-5.79%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 18.40% vs -11.77% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 11.76% vs -13.23% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,198.84",
          "val2": "3,546.39",
          "chgp": "18.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "606.71",
          "val2": "512.01",
          "chgp": "18.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.05",
          "val2": "4.49",
          "chgp": "168.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "396.73",
          "val2": "354.98",
          "chgp": "11.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.45%",
          "val2": "14.44%",
          "chgp": "0.01%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.84% vs -7.57% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -11.17% vs -9.89% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,102.24",
          "val2": "5,555.62",
          "chgp": "9.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "775.25",
          "val2": "816.66",
          "chgp": "-5.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "18.16",
          "val2": "7.42",
          "chgp": "144.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "494.82",
          "val2": "557.03",
          "chgp": "-11.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.70%",
          "val2": "14.70%",
          "chgp": "-2.00%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -3.64% vs 17.20% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.82% vs -20.12% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,681.83",
          "val2": "7,972.06",
          "chgp": "-3.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,123.28",
          "val2": "1,289.38",
          "chgp": "-12.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "11.83",
          "val2": "24.78",
          "chgp": "-52.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "79.80",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "810.90",
          "val2": "852.00",
          "chgp": "-4.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.62%",
          "val2": "16.17%",
          "chgp": "-1.55%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,903.40
2,032.00
-6.33%
Operating Profit (PBDIT) excl Other Income
168.54
297.52
-43.35%
Interest
6.11
6.30
-3.02%
Exceptional Items
0.00
0.00
Consolidate Net Profit
98.09
194.19
-49.49%
Operating Profit Margin (Excl OI)
8.85%
14.64%
-5.79%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -6.33% vs -6.22% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -49.49% vs -4.12% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
4,198.84
3,546.39
18.40%
Operating Profit (PBDIT) excl Other Income
606.71
512.01
18.50%
Interest
12.05
4.49
168.37%
Exceptional Items
0.00
0.00
Consolidate Net Profit
396.73
354.98
11.76%
Operating Profit Margin (Excl OI)
14.45%
14.44%
0.01%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 18.40% vs -11.77% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 11.76% vs -13.23% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
6,102.24
5,555.62
9.84%
Operating Profit (PBDIT) excl Other Income
775.25
816.66
-5.07%
Interest
18.16
7.42
144.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
494.82
557.03
-11.17%
Operating Profit Margin (Excl OI)
12.70%
14.70%
-2.00%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.84% vs -7.57% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -11.17% vs -9.89% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
7,681.83
7,972.06
-3.64%
Operating Profit (PBDIT) excl Other Income
1,123.28
1,289.38
-12.88%
Interest
11.83
24.78
-52.26%
Exceptional Items
79.80
0.00
Consolidate Net Profit
810.90
852.00
-4.82%
Operating Profit Margin (Excl OI)
14.62%
16.17%
-1.55%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -3.64% vs 17.20% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -4.82% vs -20.12% in Mar 2023

stock-summaryCompany CV
About Deepak Nitrite Ltd. stock-summary
stock-summary
Deepak Nitrite Ltd.
Large Cap
Chemicals
Deepak Nitrite Limited (DNL) is a prominent chemical manufacturing company. The Company manufactures Advanced Intermediates. It has a diversified portfolio of chemical intermediates that cater to various end-user industries and falls under Strategic Business Units (SBUs) of Basic Chemicals (BC), Fine and Speciality Chemicals (FSC) and Performance Products (PP). Its manufacturing facilities are located at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and Hyderabad in Telengana.
Company Coordinates stock-summary
Company Details
Aaditya-I, Chhani Road Vadodara Gujarat : 390024
stock-summary
Tel: 91-265-2765200/3960200
stock-summary
investor@deepaknitrite.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai