Deepak Nitrite Ltd
DEEPAKNTRDeepak Nitrite Ltd
DEEPAKNTRPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
44.68 | 8.00 | 0.27% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
32.62 | 3.71 | 1.14% |
Forecast & Ratings
Detailed Forecast from 14 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Deepak Nitrite Limited is a chemical manufacturing company. The Company's segments include Bulk Chemicals and Commodities (BCC), Fine and Speciality Chemicals (FSC), and Fluorescent Whitening Agent (FWA).
Peers
Compare with peersÂSolar Industries India Ltd
Linde India Ltd
Himadri Speciality Chemical Ltd
Sumitomo Chemical India Ltd
Castrol India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,374.52 | 1,451.96 | 1,663.74 | 2,715.04 | 4,264.91 | 4,381.27 | 6,844.80 | 8,019.64 | 7,837.76 | 8,228.69 | ||||||||||
Raw Materials | 832.16 | 849.58 | 1,003.71 | 1,773.71 | 2,315.30 | 2,239.55 | 4,163.80 | 5,495.06 | 5,086.96 | 6,863.11 | ||||||||||
Power & Fuel Cost | 118.15 | 102.44 | 119.88 | 207.33 | 285.19 | 264.74 | 438.61 | 541.93 | 457.12 | |||||||||||
Employee Cost | 119.08 | 122.29 | 136.15 | 179.77 | 216.96 | 247.04 | 274.11 | 318.25 | 351.05 | |||||||||||
Selling & Administrative Expenses | 52.28 | 82.22 | 76.23 | 111.43 | 160.32 | 183.10 | 223.34 | 276.64 | 265.31 | |||||||||||
Operating & Other expenses | 84.45 | 76.29 | 116.91 | 10.48 | 223.04 | 175.16 | 96.42 | 48.90 | 394.84 | |||||||||||
EBITDA | 168.40 | 219.14 | 210.86 | 432.32 | 1,064.10 | 1,271.68 | 1,648.52 | 1,338.86 | 1,282.48 | 1,365.58 | ||||||||||
Depreciation/Amortization | 39.54 | 48.04 | 52.60 | 77.79 | 139.73 | 152.63 | 177.70 | 166.30 | 165.66 | 175.03 | ||||||||||
PBIT | 128.86 | 171.10 | 158.26 | 354.53 | 924.37 | 1,119.05 | 1,470.82 | 1,172.56 | 1,116.82 | 1,190.55 | ||||||||||
Interest & Other Items | 39.71 | 36.54 | 47.42 | 86.55 | 117.97 | 77.33 | 36.37 | 26.68 | 15.10 | 15.77 | ||||||||||
PBT | 89.15 | 134.56 | 110.84 | 267.98 | 806.40 | 1,041.72 | 1,434.45 | 1,145.88 | 1,101.72 | 1,174.78 | ||||||||||
Taxes & Other Items | 26.40 | 38.24 | 31.84 | 94.32 | 195.37 | 265.91 | 367.81 | 293.88 | 290.82 | 311.25 | ||||||||||
Net Income | 62.75 | 96.32 | 79.00 | 173.66 | 611.03 | 775.81 | 1,066.64 | 852.00 | 810.90 | 863.53 | ||||||||||
EPS | 5.68 | 7.80 | 5.92 | 12.73 | 44.80 | 56.88 | 78.20 | 62.47 | 59.45 | 63.31 | ||||||||||
DPS | 1.20 | 1.20 | 1.30 | 2.00 | 4.50 | 5.50 | 7.00 | 7.50 | 7.50 | 7.50 | ||||||||||
Payout ratio | 0.21 | 0.15 | 0.22 | 0.16 | 0.10 | 0.10 | 0.09 | 0.12 | 0.13 | 0.12 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFPeers & Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Deepak Nitrite Ltd | 47.58 | 8.00 | 0.27% |
Solar Industries India Ltd | 118.53 | 28.91 | 0.08% |
Linde India Ltd | 157.10 | 19.66 | 0.15% |
Himadri Speciality Chemical Ltd | 76.27 | 10.30 | 0.08% |
Price Comparison
Compare DEEPAKNTR with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.76%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.44%
Top 5 Mutual Funds holding Deepak Nitrite Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3642% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 1.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/71 (+25) |
Motilal Oswal Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0941% | Percentage of the fund’s portfolio invested in the stock 2.65% | Change in the portfolio weight of the stock over the last 3 months -0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/27 (+1) |
Franklin India Smaller Companies Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0473% | Percentage of the fund’s portfolio invested in the stock 2.80% | Change in the portfolio weight of the stock over the last 3 months 0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/99 (+1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Dividend Cuts
DEEPAKNTR has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.27%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.65 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 29, 2024
Dividend/Share
₹7.50
Ex DateEx Date
Jul 29, 2024
Cash Dividend
Ex DateEx DateJul 27, 2023
Dividend/Share
₹7.50
Ex DateEx Date
Jul 27, 2023
Cash Dividend
Ex DateEx DateJul 25, 2022
Dividend/Share
₹7.00
Ex DateEx Date
Jul 25, 2022
Cash Dividend
Ex DateEx DateJul 20, 2021
Dividend/Share
₹4.50
Ex DateEx Date
Jul 20, 2021
Cash Dividend
Ex DateEx DateJul 20, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jul 20, 2021
Deepak Nitrite shares in focus on 35% rise in Q1 profit
The headline equity benchmarks traded with significant gains in mid-morning trade. The Nifty traded above the 24,200 level. Metal shares advanced after declining for the past three consecutive trading sessions. At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 567.86 points or 0.72% to 79,327.26. The Nifty 50 index added 171.95 points or 0.71% to 24,233.10. The broader market outperformed the headline indices, the S&P BSE Mid-Cap index added 1.13% and the S&P BSE Small-Cap index gained 1.35%. The market breadth was strong. On the BSE, 2,598 shares rose and 1,125 shares fell. A total of 138 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 10.89% to 18.15. IPO Update: The initial public offer (IPO) of Ola Electric Mobility received 56,38,04,670 bids for shares as against 46,51,59,451 shares on offer, according to stock exchange data at 11:15 IST on Monday (05 August 2024). The issue was subscribed 1.21 times. The issue opened for bidding on Friday (02 August 2024) and it will close on Tuesday (06 August 2024). The price band of the IPO is fixed between Rs 72 to Rs 76 per share. An investor can bid for a minimum of 195 equity shares and in multiples thereof. The initial public offer (IPO) of Brainbees Solutions received 19,26,752 bids for shares as against 4,96,39,004 shares on offer, according to stock exchange data at 11:15 IST on Tuesday (06 August 2024). The issue was subscribed 0.04 times. The issue opened for bidding on Tuesday (06 August 2024) and it will close on Thursday (08 August 2024). The price band of the IPO is fixed between Rs 440 to Rs 465 per share. An investor can bid for a minimum of 32 equity shares and in multiples thereof. The initial public offer (IPO) of Unicommerce eSolutions received 98,92,806 bids for shares as against 1,40,84,681 shares on offer, according to stock exchange data at 11:15 IST on Tuesday (06 August 2024). The issue was subscribed 0.70 times. The issue opened for bidding on Tuesday (06 August 2024) and it will close on Thursday (08 August 2024). The price band of the IPO is fixed between Rs 102 to Rs 108 per share. An investor can bid for a minimum of 138 equity shares and in multiples thereof. Buzzing Index : The Nifty Metal index gained 1.53% to 8,998.35. The index tumbled 6% in three consecutive trading sessions. Welspun Corp (up 3.56%), Adani Enterprises (up 2.64%), JSW Steel (up 2.07%), Jindal Stainless (up 2.03%) and Steel Authority of India (up 1.85%), APL Apollo Tubes (up 1.85%), Ratnamani Metals & Tubes (up 1.74%), National Aluminium Company (up 1.65%), Hindustan Copper (up 1.56%) and NMDC (up 1.48%) advanced. Stocks in Spotlight : Deepak Nitrite added 1.76% after the company's consolidated net profit grew 35.12% to Rs 202.54 crore in Q1 FY25 as compared with Rs 149.90 crore recorded in the same period last year. Revenue from operation stood at Rs 2,166.84 crore in June 2024 quarter, up 22.54% from Rs 1,768.34 crore posted in June 2023 quarter. Oil and Natural Gas Corporation (ONGC) rose 1.11%. The company reported 15.09% decline in standalone net profit to Rs 8,938.10 crore in Q1 FY25 as compared with Rs 10,526.78 crore in Q1 FY24. Revenue from operations increased 4.29% YoY to Rs 35,266.38 crore in Q1 FY25. Bharti Hexacom fell 1.09%. The company's standalone net profit surged to Rs 511.2 crore during the quarter as comapred with Rs 253.2 crore in Q1 FY24. Revenue from operations increased 13.61% YoY to Rs 1,910.6 crore during the quarter. Global Markets : Dow Jones Futures were up 405 points, indicating a bounce in the US stocks today. Asian stocks surged on Tuesday, recovering from steep losses in the previous session. Japanese markets led the rally, bouncing back after plunging into bear market territory. Bargain hunting also fueled gains, as investors snapped up discounted stocks with solid fundamentals. US stocks tumbled on Monday, triggered by recession fears. The Dow dropped 1,033.99 points, or 2.6%, to end at 38,703.27. The Nasdaq Composite lost 3.43% and closed at 16,200.08, while the S&P 500 slid 3% to end at 5,186.33. Friday's disappointing US jobs report intensified concerns about a potential recession. Investors are growing increasingly frustrated with the Federal Reserve's reluctance to cut interest rates despite slowing economic growth. The central bank opted to maintain rates at a 22-year high during its last meeting. Adding to market volatility, the unwinding of the yen carry trade is gaining momentum. After the Bank of Japan raised interest rates last week, narrowing the interest rate differential with the US, the yen strengthened against the dollar. This has forced investors to unwind positions that involved borrowing in yen to invest in higher-yielding assets. Powered by Capital Market - Live
Revenue from operation stood at Rs 2,166.84 crore in June 2024 quarter, up 22.54% from Rs 1,768.34 crore posted in June 2023 quarter. The firm reported profit before tax of Rs 274.80 crore during the quarter ended June 2024, up 36.22% as compared with Rs 201.73 crore recorded in corresponding quarter previous fiscal. On segmental front, the revenue from advanced intermediates was at Rs 670.20 crore (down 2.20% YoY) while revenue from phenolics stood at Rs 1,120.13 crore, (down 12.77%) during the period under review. During the first quarter, total expenses spiked 19.54% YoY to Rs 1,910.85 crore. Cost of materials consumed stood at Rs 1,412.76 crore (up 29.65% YoY), employee benefits expense was Rs 95.33 crore (up 13.18% YoY) while finance costs stood at Rs 5.75 crore (up 217.68% YoY) during the period under review. Deepak Nitrite produces a spectrum of chemicals, including agrochemicals, colourants, rubber, pharmaceuticals, speciality and fine chemicals. Company manufactures chemical intermediates to serve the domestic and international market with high quality products made in a responsible and sustainable manner. Powered by Capital Market - Live
Net profit of Deepak Nitrite rose 35.12% to Rs 202.54 crore in the quarter ended June 2024 as against Rs 149.90 crore during the previous quarter ended June 2023. Sales rose 22.54% to Rs 2166.84 crore in the quarter ended June 2024 as against Rs 1768.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2166.841768.34 23 OPM %14.2711.86 - PBDT322.25239.81 34 PBT274.80201.73 36 NP202.54149.90 35 Powered by Capital Market - Live
Stock Alert: Britannia Inds, Titan Company, Divis Lab, State Bank of India, Delhivery, Sheela Foam
Last date to buy today! Naukri, Deepak Nitrite among 11 stocks to trade ex-dividend on Monday
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Deepak Nitrite, Godrej Consumer Products among 5 large and midcap stocks that hit new 52-week highs on Monday - On A High
Deepak Nitrite inches towards record high; zooms 42% from June low
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 23.62%, vs industry avg of 9.25%
Increasing Market Share
Over the last 5 years, market share increased from 3.62% to 6.68%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 36.1%, vs industry avg of 5.21%