Deepak Nitrite Limited

BSE: 506401 NSE: DEEPAKNTR
Deepak Nitrite Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials and compliance.
CIN L24110GJ1970PLC001735 Incorporated 06 June 1970 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - NSE: DEEPAKNTR · BSE: 506401 Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹7,887.07 Cr
▼ 4.77% YoY
Computed EBITDA · FY 2026
₹1,040.59 Cr
▼ 11.49% YoY
Net profit · FY 2026
₹550.66 Cr
▼ 21.04% YoY
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹27.28 Cr
Issued & subscribed
Open charges
₹470 Cr
Satisfied ₹656.36 Cr
Company age
56 yrs
Est. 1970
Employees · EPFO
1,731
Latest available

About Deepak Nitrite Limited

Data last updated: 14 July 2026

Deepak Nitrite Limited is a public limited company based in Vadodara, Gujarat, India. It specialises in industrial chemicals, a part of the broader chemicals and materials sector. Incorporated on 06 June 1970, the company has been in operation for over 56 years.

Registered with ROC Ahmedabad under CIN L24110GJ1970PLC001735. Listed on BSE: 506401 and NSE: DEEPAKNTR.

Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹27.28 Cr. It is led by directors including Deepak Chimanlal Mehta and Maulik Deepak Mehta.

Last AGM: 14 August 2025. Financial statements filed for year ended 31 March 2025. Office: Vadodara, Gujarat.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹7,887.07 Cr, a decline of 4.77% compared to the previous year. The net worth stands at ₹5,869.28 Cr (up 8.2% YoY). Total assets are valued at ₹8,680.68 Cr (up 12.48% YoY).

The company has a workforce of approximately 1,731 employees as per the latest available data. Its group structure includes 5 subsidiaries.

The company is associated with 2 brands - Deepak Nitrite, Deepak Group. As per MCA filings, the company has open charges of ₹470 Cr and satisfied charges of ₹656.36 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website godeepak.com.

Company Details of Deepak Nitrite Limited
CIN L24110GJ1970PLC001735
Registration Number 001735
Incorporation Date 06 June 1970
ROC Ahmedabad
Listing Status Listed (BSE: 506401, NSE: DEEPAKNTR)
Company Status Active
Date of Last AGM 14 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Deepak Chimanlal Mehta Managing Director Maulik Deepak Mehta Whole-Time Director Sanjay Bakulchandra Upadhyay Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    godeepak.com
  • Social Media
  • Registered Address
    2Nd Floor Fermenter House, Alembic City Alembic Avenue Road, Vadodara, Gujarat, India – 390003
  • Industry
    Chemicals and Materials, Industrial Chemicals
Company report
Deepak Nitrite Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Deepak Nitrite Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Deepak Nitrite Limited

Deepak Nitrite Limited operates two associated brands: Deepak Nitrite and Deepak Group. These brands represent Deepak Nitrite Limited's diversified market presence and brand portfolio.

Brand Description Website
Deepak Nitrite
Manufacturer of detergents, dyes & pigments and diversified chemicals deepaknitrite.com
Deepak Group
Chemical intermediates are manufactured and supplied for diverse industries. godeepak.com

Business Activity of Deepak Nitrite Limited

Deepak Nitrite Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products Locked
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Business activity turnover details for Deepak Nitrite Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Auditor Details of Deepak Nitrite Limited

Deepak Nitrite Limited is audited by Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Deepak Nitrite Limited

Deepak Nitrite Limited is currently managed by 12 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Deepak Chimanlal Mehta
Also directs: Deepak Advanced Materials Limited, Deepak Novochem Technologies Limited, Deepak Phenolics Limited and 5 more
Managing Director 14 Jun 1978 48 Years 1 Months Current
Maulik Deepak Mehta
Also directs: Deepak Advanced Materials Limited, Deepak Phenolics Limited, Deepak Chem Tech Limited and 5 more
Whole-Time Director 09 May 2016 10 Years 3 Months Current
Sanjay Bakulchandra Upadhyay
Also directs: Deepak Novochem Technologies Limited, Deepak Phenolics Limited, Deepak Chem Tech Limited and 3 more
Whole-Time Director 28 Apr 2017 9 Years 3 Months Current
Ajay Chimanlal Mehta
Also directs: Deepak Novochem Technologies Limited, Lakaki Works Pvt Ltd, Sofotel Infra Private Limited and 5 more
Director 01 Dec 1989 36 Years 8 Months Current
Vipul Shantilal Shah
Also directs: Deepak Phenolics Limited, Deepak Chem Tech Limited, The Supreme Industries Limited and 2 more
Director 08 Aug 2022 4 Years 0 Months Current
Dileep Chinubhai Choksi
Also directs: Idmc Limited, Miramac Properties Private Limited, Universal Trusteeship Services Limited and 3 more
Director 03 Feb 2020 6 Years 6 Months Current
Showing 6 of 12 current directors. View all directors

Financials of Deepak Nitrite Limited FY 2026 filings available

Deepak Nitrite Limited reported revenue of ₹7,887.07 Cr (down 4.77% YoY) for FY 2026.

Revenue · FY 2026
₹7,887.07 Cr ▼ 4.77%
Profit · FY 2026
₹550.66 Cr ▼ 21.04%
Computed EBITDA · FY 2026
₹1,040.59 Cr ▼ 11.49%
Revenue₹ Cr · Consolidated05,00010,000FY 2020: ₹4,230 Cr4,230FY 2020FY 2021: ₹4,360 Cr · +3.1% YoY4,360+3.1%FY 2021FY 2022: ₹6,802 Cr · +56% YoY6,802+56%FY 2022FY 2023: ₹7,972 Cr · +17.2% YoY7,972+17.2%FY 2023FY 2024: ₹7,682 Cr · -3.6% YoY7,682-3.6%FY 2024FY 2025: ₹8,282 Cr · +7.8% YoY8,282+7.8%FY 2025FY 2026: ₹7,887 Cr · -4.8% YoY7,887-4.8%FY 2026
Net Profit₹ Cr · Consolidated05001,0001,500FY 2020: ₹611 Cr611FY 2020FY 2021: ₹776 Cr · +27% YoY776+27%FY 2021FY 2022: ₹1,067 Cr · +37.5% YoY1,067+37.5%FY 2022FY 2023: ₹852 Cr · -20.1% YoY852-20.1%FY 2023FY 2024: ₹811 Cr · -4.8% YoY811-4.8%FY 2024FY 2025: ₹697 Cr · -14% YoY697-14%FY 2025FY 2026: ₹551 Cr · -21% YoY551-21%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,0003,000Q1'25: ₹2,167 Cr · +22.5% YoY2,167+22.5%Q1'25Q2'25: ₹2,032 Cr · +14.3% YoY2,032+14.3%Q2'25Q3'25: ₹1,903 Cr · -5.3% YoY1,903-5.3%Q3'25Q4'25: ₹2,180 Cr · +2.5% YoY2,180+2.5%Q4'25Q1'26: ₹1,890 Cr · -12.8% YoY1,890-12.8%Q1'26Q2'26: ₹1,902 Cr · -6.4% YoY1,902-6.4%Q2'26Q3'26: ₹1,975 Cr · +3.8% YoY1,975+3.8%Q3'26Q4'26: ₹2,120 Cr · -2.7% YoY2,120-2.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹7,887.07 Cr ₹8,281.93 Cr ₹7,681.83 Cr ₹7,972.06 Cr ₹6,802.19 Cr ₹4,359.75 Cr ₹4,229.71 Cr
Other Income ₹59.87 Cr ₹83.86 Cr ₹76.1 Cr ₹47.58 Cr ₹42.61 Cr ₹21.52 Cr ₹35.2 Cr
Total Income ₹7,946.94 Cr ₹8,365.79 Cr ₹7,757.93 Cr ₹8,019.64 Cr ₹6,844.8 Cr ₹4,381.27 Cr ₹4,264.91 Cr
Cost of Materials Consumed ₹5,324.47 Cr ₹5,681.16 Cr ₹5,056.09 Cr ₹5,394.56 Cr ₹4,210.95 Cr ₹2,274.27 Cr ₹2,347.91 Cr
Purchases of Stock-in-Trade ₹273.69 Cr ₹131.63 Cr ₹77.02 Cr ₹144.06 Cr ₹0 ₹0 ₹0
Changes in Inventories -₹55.25 Cr -₹24.9 Cr ₹102.99 Cr -₹191.11 Cr -₹96.6 Cr -₹10.01 Cr ₹25.59 Cr
Employee Benefit Expense ₹423.18 Cr ₹392.15 Cr ₹351.05 Cr ₹318.25 Cr ₹274.11 Cr ₹247.04 Cr ₹218.53 Cr
Finance Costs ₹46.02 Cr ₹27.5 Cr ₹11.83 Cr ₹24.78 Cr ₹34.04 Cr ₹74.2 Cr ₹114.87 Cr
Depreciation & Amortisation ₹224.64 Cr ₹195.37 Cr ₹165.66 Cr ₹166.3 Cr ₹177.7 Cr ₹152.63 Cr ₹139.73 Cr
Other Expenses ₹940.26 Cr ₹1,010.13 Cr ₹971.4 Cr ₹1,016.92 Cr ₹810.15 Cr ₹601.42 Cr ₹611.88 Cr
Total Expenses ₹7,177.01 Cr ₹7,413.04 Cr ₹6,736.04 Cr ₹6,873.76 Cr ₹5,410.35 Cr ₹3,339.55 Cr ₹3,458.51 Cr
Profit Before Exceptional Items & Tax ₹769.93 Cr ₹952.75 Cr ₹1,021.89 Cr ₹1,145.88 Cr ₹1,434.45 Cr ₹1,041.72 Cr ₹806.4 Cr
Exceptional Items -₹12.84 Cr ₹0 ₹79.8 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹757.09 Cr ₹952.75 Cr ₹1,101.69 Cr ₹1,145.88 Cr ₹1,434.45 Cr ₹1,041.72 Cr ₹806.4 Cr
Total Tax Expense ₹206.43 Cr ₹255.38 Cr ₹290.83 Cr ₹293.88 Cr ₹367.81 Cr ₹265.91 Cr ₹195.37 Cr
Net Profit ₹550.66 Cr ₹697.37 Cr ₹810.89 Cr ₹852 Cr ₹1,066.64 Cr ₹775.81 Cr ₹611.03 Cr
  attributable to Owners ₹550.53 Cr ₹697.24 Cr ₹808.95 Cr ₹852 Cr ₹1,066.64 Cr ₹775.81 Cr ₹607.23 Cr
  attributable to NCI ₹13 Lakh ₹13 Lakh -₹1 Lakh ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income -₹3.75 Cr -₹3.31 Cr -₹1.95 Cr -₹5 Cr ₹17 Lakh -₹1.07 Cr -₹3.8 Cr
Total Comprehensive Income ₹546.91 Cr ₹694.06 Cr ₹808.94 Cr ₹847 Cr ₹1,066.81 Cr ₹774.74 Cr ₹607.23 Cr
EBITDA (computed) ₹1,040.59 Cr ₹1,175.62 Cr ₹1,199.38 Cr ₹1,336.96 Cr ₹1,646.19 Cr ₹1,268.55 Cr ₹1,061 Cr
Basic EPS ₹40.36 ₹51.12 ₹59.45 ₹62.47 ₹78.20 ₹56.88 ₹44.80
Diluted EPS ₹40.36 ₹51.12 ₹59.45 ₹62.47 ₹78.20 ₹56.88 ₹44.80
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹8,680.68 Cr ₹7,717.67 Cr ₹6,096.22 Cr ₹5,128.74 Cr
Non-current Assets ₹5,611.3 Cr ₹4,420.56 Cr ₹3,254.62 Cr ₹2,389.67 Cr
Current Assets ₹3,069.38 Cr ₹3,297.11 Cr ₹2,841.6 Cr ₹2,739.07 Cr
Property, Plant & Equipment ₹3,209.93 Cr ₹2,400.2 Cr ₹2,243.11 Cr ₹1,913.53 Cr
Inventories ₹862.3 Cr ₹926.4 Cr ₹759.91 Cr ₹893.07 Cr
Trade Receivables ₹1,505.56 Cr ₹1,273.81 Cr ₹1,298.35 Cr ₹1,309.52 Cr
Cash & Equivalents ₹243.14 Cr ₹179.41 Cr ₹237.97 Cr ₹37.64 Cr
Equity (Net Worth) ₹5,869.28 Cr ₹5,424.66 Cr ₹4,822.68 Cr ₹4,089.96 Cr
Equity Share Capital ₹27.28 Cr ₹27.28 Cr ₹27.28 Cr ₹27.28 Cr
Borrowings (Non-current) ₹1,134.83 Cr ₹1,025.71 Cr ₹216.95 Cr ₹43.02 Cr
Borrowings (Current) ₹392.99 Cr ₹144.82 Cr ₹0 ₹11.46 Cr
Total Debt (computed) ₹1,527.82 Cr ₹1,170.53 Cr ₹216.95 Cr ₹54.48 Cr
Current Liabilities ₹1,278.74 Cr ₹922.76 Cr ₹785.06 Cr ₹793.76 Cr
Total Liabilities ₹2,811.4 Cr ₹2,293.01 Cr ₹1,273.54 Cr ₹1,038.78 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹538.95 Cr ₹624.7 Cr ₹878.03 Cr ₹649.92 Cr ₹823.84 Cr
Investing Cash Flow -₹668.65 Cr -₹1,491.33 Cr -₹721.84 Cr -₹276.05 Cr -₹424.06 Cr
Financing Cash Flow ₹193.35 Cr ₹806.16 Cr ₹43.53 Cr -₹359.08 Cr -₹385.82 Cr
Capital Expenditure ₹1,184.66 Cr ₹1,122.07 Cr ₹742.39 Cr ₹358.13 Cr ₹186.5 Cr
Free Cash Flow (computed) -₹645.71 Cr -₹497.37 Cr ₹135.64 Cr ₹291.79 Cr ₹637.34 Cr
Dividends Paid ₹102.29 Cr ₹102.29 Cr ₹102.29 Cr ₹95.48 Cr ₹75.02 Cr
Net Change in Cash ₹63.73 Cr -₹60.47 Cr ₹199.72 Cr ₹14.79 Cr ₹13.96 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹2,120.33 Cr ₹1,974.97 Cr ₹1,901.89 Cr ₹1,889.88 Cr ₹2,179.69 Cr ₹1,903.4 Cr ₹2,032 Cr ₹2,166.84 Cr ₹2,126.21 Cr ₹2,009.23 Cr ₹1,778.05 Cr ₹1,768.34 Cr
Other Income ₹6.86 Cr ₹8.5 Cr ₹19.95 Cr ₹24.56 Cr ₹22.79 Cr ₹20.99 Cr ₹21.27 Cr ₹18.81 Cr ₹19.13 Cr ₹13.55 Cr ₹17.04 Cr ₹31.87 Cr
Total Income ₹2,127.19 Cr ₹1,983.47 Cr ₹1,921.84 Cr ₹1,914.44 Cr ₹2,202.48 Cr ₹1,924.39 Cr ₹2,053.27 Cr ₹2,185.65 Cr ₹2,145.34 Cr ₹2,022.78 Cr ₹1,795.09 Cr ₹1,800.21 Cr
Cost of Materials Consumed ₹1,377.81 Cr ₹1,371.75 Cr ₹1,243.82 Cr ₹1,331.09 Cr ₹1,479.23 Cr ₹1,332.78 Cr ₹1,456.39 Cr ₹1,412.76 Cr ₹1,414.11 Cr ₹1,459.44 Cr ₹1,092.86 Cr ₹1,089.68 Cr
Purchases of Stock-in-Trade ₹59.14 Cr ₹74.91 Cr ₹75.77 Cr ₹63.87 Cr ₹18.48 Cr ₹13.64 Cr ₹76.79 Cr ₹22.73 Cr ₹1.56 Cr ₹0 ₹30.52 Cr ₹44.95 Cr
Changes in Inventories -₹57.31 Cr -₹21.46 Cr ₹57.77 Cr -₹34.25 Cr ₹14.65 Cr ₹46.64 Cr -₹150.9 Cr ₹64.7 Cr ₹58.36 Cr -₹86.81 Cr ₹42.43 Cr ₹89.01 Cr
Employee Benefit Expense ₹110.91 Cr ₹106.6 Cr ₹99.22 Cr ₹106.45 Cr ₹101.59 Cr ₹98.16 Cr ₹97.08 Cr ₹95.33 Cr ₹92.87 Cr ₹89.14 Cr ₹84.81 Cr ₹84.23 Cr
Finance Costs ₹18.91 Cr ₹11.04 Cr ₹7.94 Cr ₹8.13 Cr ₹9.34 Cr ₹6.11 Cr ₹6.3 Cr ₹5.75 Cr ₹4.41 Cr ₹2.93 Cr ₹2.68 Cr ₹1.81 Cr
Depreciation & Amortisation ₹62.59 Cr ₹57.55 Cr ₹53.25 Cr ₹51.25 Cr ₹51.25 Cr ₹48.22 Cr ₹48.46 Cr ₹47.45 Cr ₹46.46 Cr ₹41.69 Cr ₹39.43 Cr ₹38.08 Cr
Other Expenses ₹253.79 Cr ₹232.27 Cr ₹221.04 Cr ₹233.16 Cr ₹249.23 Cr ₹243.64 Cr ₹255.13 Cr ₹262.13 Cr ₹258.19 Cr ₹242.81 Cr ₹225.17 Cr ₹250.72 Cr
Total Expenses ₹1,825.84 Cr ₹1,832.66 Cr ₹1,758.81 Cr ₹1,759.7 Cr ₹1,923.77 Cr ₹1,789.19 Cr ₹1,789.24 Cr ₹1,910.85 Cr ₹1,875.96 Cr ₹1,749.2 Cr ₹1,517.9 Cr ₹1,598.48 Cr
Profit Before Exceptional Items & Tax ₹301.35 Cr ₹150.81 Cr ₹163.03 Cr ₹154.74 Cr ₹278.71 Cr ₹135.2 Cr ₹264.03 Cr ₹274.8 Cr ₹269.38 Cr ₹273.58 Cr ₹277.19 Cr ₹201.73 Cr
Exceptional Items ₹0 -₹12.84 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹79.8 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹301.35 Cr ₹137.97 Cr ₹163.03 Cr ₹154.74 Cr ₹278.71 Cr ₹135.2 Cr ₹264.03 Cr ₹274.8 Cr ₹349.18 Cr ₹273.58 Cr ₹277.19 Cr ₹201.73 Cr
Total Tax Expense ₹81.52 Cr ₹38.15 Cr ₹44.28 Cr ₹42.49 Cr ₹76.21 Cr ₹37.07 Cr ₹69.83 Cr ₹72.27 Cr ₹95.34 Cr ₹71.54 Cr ₹72.12 Cr ₹51.83 Cr
Net Profit ₹219.83 Cr ₹99.82 Cr ₹118.75 Cr ₹112.25 Cr ₹202.5 Cr ₹98.13 Cr ₹194.2 Cr ₹202.53 Cr ₹253.85 Cr ₹202.05 Cr ₹205.08 Cr ₹149.9 Cr
  attributable to Owners ₹219.74 Cr ₹99.79 Cr ₹118.71 Cr ₹112.2 Cr ₹202.41 Cr ₹98.09 Cr ₹193.63 Cr ₹202.54 Cr ₹253.18 Cr ₹202.05 Cr ₹205.08 Cr ₹149.9 Cr
  attributable to NCI ₹9 Lakh ₹3 Lakh ₹4 Lakh ₹5 Lakh ₹9 Lakh ₹4 Lakh ₹1 Lakh -₹1 Lakh -₹1 Lakh ₹0 ₹0 ₹0
Other Comprehensive Income -₹2.04 Cr ₹1.4 Cr -₹2.65 Cr -₹67 Lakh -₹1.6 Cr -₹71 Lakh -₹56.3 Lakh -₹44 Lakh -₹68 Lakh -₹54 Lakh -₹37 Lakh -₹36 Lakh
Total Comprehensive Income ₹217.79 Cr ₹101.22 Cr ₹116.1 Cr ₹111.58 Cr ₹200.9 Cr ₹97.42 Cr ₹193.64 Cr ₹202.09 Cr ₹253.17 Cr ₹201.51 Cr ₹204.71 Cr ₹149.54 Cr
EBITDA (computed) ₹382.85 Cr ₹219.4 Cr ₹224.22 Cr ₹214.12 Cr ₹339.3 Cr ₹189.53 Cr ₹318.79 Cr ₹328 Cr ₹320.25 Cr ₹318.2 Cr ₹319.3 Cr ₹241.62 Cr
Basic EPS ₹16.11 ₹7.32 ₹8.71 ₹8.23 ₹14.84 ₹7.19 ₹14.24 ₹14.85 ₹18.61 ₹14.81 ₹15.04 ₹10.99
Diluted EPS ₹16.11 ₹7.32 ₹8.71 ₹8.23 ₹14.84 ₹7.19 ₹14.24 ₹14.85 ₹18.61 ₹14.81 ₹15.04 ₹10.99
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Advanced Intermediates ₹707.7 Cr ₹33.57 Cr ₹3,467.62 Cr ₹1,252.41 Cr
Phenolics ₹1,429.47 Cr ₹286.58 Cr ₹2,674.36 Cr ₹765.58 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Advanced Intermediates ₹2,553.32 Cr ₹106.95 Cr - -
Phenolics ₹5,400.68 Cr ₹694.58 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,639.46 Cr ₹2,526.47 Cr ₹2,724.35 Cr ₹3,033.55 Cr ₹2,511.05 Cr ₹1,809.14 Cr ₹2,229.66 Cr
Other Income ₹120.86 Cr ₹149.19 Cr ₹123.7 Cr ₹101.58 Cr ₹70.8 Cr ₹13.54 Cr ₹7.58 Cr
Total Income ₹2,760.32 Cr ₹2,675.66 Cr ₹2,848.05 Cr ₹3,135.13 Cr ₹2,581.85 Cr ₹1,822.68 Cr ₹2,237.24 Cr
Cost of Materials Consumed ₹1,544.01 Cr ₹1,460.66 Cr ₹1,476.13 Cr ₹1,725.16 Cr ₹1,306.83 Cr ₹778.25 Cr ₹884.68 Cr
Purchases of Stock-in-Trade ₹34.71 Cr ₹17 Lakh ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹79.55 Cr -₹53.81 Cr ₹26.41 Cr -₹55.48 Cr -₹85.49 Cr -₹7.36 Cr ₹3.3 Cr
Employee Benefit Expense ₹280.23 Cr ₹275.05 Cr ₹250.36 Cr ₹229.59 Cr ₹196.74 Cr ₹181.05 Cr ₹174.97 Cr
Finance Costs ₹3.97 Cr ₹3.78 Cr ₹2.09 Cr ₹1.57 Cr ₹1.6 Cr ₹4.12 Cr ₹20.32 Cr
Depreciation & Amortisation ₹104.75 Cr ₹99.87 Cr ₹86.79 Cr ₹76.16 Cr ₹72.54 Cr ₹66.88 Cr ₹77.93 Cr
Other Expenses ₹477.49 Cr ₹552.4 Cr ₹527.81 Cr ₹548.29 Cr ₹447.62 Cr ₹321.13 Cr ₹370.01 Cr
Total Expenses ₹2,524.71 Cr ₹2,338.12 Cr ₹2,369.59 Cr ₹2,525.29 Cr ₹1,939.84 Cr ₹1,344.07 Cr ₹1,531.21 Cr
Profit Before Exceptional Items & Tax ₹235.61 Cr ₹337.54 Cr ₹478.46 Cr ₹609.84 Cr ₹642.01 Cr ₹478.61 Cr ₹706.03 Cr
Exceptional Items -₹10.51 Cr ₹0 ₹79.8 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹225.1 Cr ₹337.54 Cr ₹558.26 Cr ₹609.84 Cr ₹642.01 Cr ₹478.61 Cr ₹706.03 Cr
Total Tax Expense ₹36.22 Cr ₹61.11 Cr ₹124.83 Cr ₹140.45 Cr ₹155.8 Cr ₹123.89 Cr ₹161.99 Cr
Net Profit ₹188.88 Cr ₹276.43 Cr ₹433.43 Cr ₹469.39 Cr ₹486.21 Cr ₹354.72 Cr ₹544.04 Cr
Other Comprehensive Income ₹2.26 Cr -₹2.2 Cr -₹1.66 Cr -₹4.85 Cr ₹6 Lakh -₹1.3 Cr -₹3.66 Cr
Total Comprehensive Income ₹191.14 Cr ₹274.23 Cr ₹431.77 Cr ₹464.54 Cr ₹486.27 Cr ₹353.42 Cr ₹540.38 Cr
EBITDA (computed) ₹344.33 Cr ₹441.19 Cr ₹567.34 Cr ₹687.57 Cr ₹716.15 Cr ₹549.61 Cr ₹804.28 Cr
Basic EPS ₹13.85 ₹20.27 ₹31.78 ₹34.41 ₹35.65 ₹26.01 ₹39.89
Diluted EPS ₹13.85 ₹20.27 ₹31.78 ₹34.41 ₹35.65 ₹26.01 ₹39.89
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹3,806.74 Cr ₹3,617.47 Cr ₹3,371.01 Cr ₹3,049.6 Cr
Non-current Assets ₹2,531.98 Cr ₹2,371.83 Cr ₹1,830.66 Cr ₹1,522.66 Cr
Current Assets ₹1,274.76 Cr ₹1,245.64 Cr ₹1,540.35 Cr ₹1,526.94 Cr
Property, Plant & Equipment ₹1,038.97 Cr ₹895.41 Cr ₹832.63 Cr ₹726.1 Cr
Inventories ₹421.03 Cr ₹452.34 Cr ₹380.57 Cr ₹447.63 Cr
Trade Receivables ₹594.48 Cr ₹612.93 Cr ₹614.26 Cr ₹597.02 Cr
Cash & Equivalents ₹5.82 Cr ₹6.09 Cr ₹172.91 Cr ₹16.15 Cr
Equity (Net Worth) ₹3,215.33 Cr ₹3,126.48 Cr ₹2,954.54 Cr ₹2,625.06 Cr
Equity Share Capital ₹27.28 Cr ₹27.28 Cr ₹27.28 Cr ₹27.28 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹12.97 Cr ₹18.87 Cr ₹0 ₹0
Total Debt (computed) ₹12.97 Cr ₹18.87 Cr ₹0 ₹0
Current Liabilities ₹445.56 Cr ₹379.09 Cr ₹308.5 Cr ₹331.42 Cr
Total Liabilities ₹591.41 Cr ₹490.99 Cr ₹416.47 Cr ₹424.54 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹393.44 Cr ₹254.08 Cr ₹418.42 Cr ₹310.01 Cr ₹227.87 Cr
Investing Cash Flow -₹280.12 Cr -₹332.53 Cr -₹156.16 Cr -₹188.47 Cr -₹159.13 Cr
Financing Cash Flow -₹113.59 Cr -₹88.37 Cr -₹105.5 Cr -₹112.83 Cr -₹64.36 Cr
Capital Expenditure ₹126.99 Cr ₹209.95 Cr ₹208.12 Cr ₹124.56 Cr ₹103.86 Cr
Free Cash Flow (computed) ₹266.45 Cr ₹44.13 Cr ₹210.3 Cr ₹185.45 Cr ₹124.01 Cr
Dividends Paid ₹102.29 Cr ₹102.29 Cr ₹102.29 Cr ₹95.48 Cr ₹75.02 Cr
Net Change in Cash -₹27 Lakh -₹166.82 Cr ₹156.76 Cr ₹8.71 Cr ₹4.38 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹717.67 Cr ₹693.59 Cr ₹615.92 Cr ₹612.28 Cr ₹654.47 Cr ₹551.59 Cr ₹604.7 Cr ₹715.71 Cr ₹671.15 Cr ₹674.3 Cr ₹670.59 Cr ₹708.31 Cr
Other Income ₹8.4 Cr ₹5.2 Cr ₹99.85 Cr ₹7.42 Cr ₹18.96 Cr ₹7.68 Cr ₹109.66 Cr ₹13.73 Cr ₹17.36 Cr ₹10.72 Cr ₹89.36 Cr ₹10.3 Cr
Total Income ₹726.07 Cr ₹698.79 Cr ₹715.77 Cr ₹619.7 Cr ₹673.43 Cr ₹559.27 Cr ₹714.36 Cr ₹729.44 Cr ₹688.51 Cr ₹685.02 Cr ₹759.95 Cr ₹718.61 Cr
Cost of Materials Consumed ₹421.59 Cr ₹409.27 Cr ₹349.07 Cr ₹364.08 Cr ₹380.26 Cr ₹338.11 Cr ₹374.88 Cr ₹367.41 Cr ₹355.82 Cr ₹371.2 Cr ₹354.79 Cr ₹394.31 Cr
Purchases of Stock-in-Trade ₹9 Cr ₹5.66 Cr ₹18.14 Cr ₹1.91 Cr ₹17 Lakh ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹19.99 Cr ₹45.28 Cr ₹23.66 Cr -₹9.38 Cr -₹3.17 Cr -₹26.13 Cr -₹57.54 Cr ₹33.02 Cr ₹28.66 Cr ₹1.74 Cr ₹11.47 Cr -₹15.46 Cr
Employee Benefit Expense ₹72.11 Cr ₹69.01 Cr ₹64.67 Cr ₹74.45 Cr ₹70.44 Cr ₹64.75 Cr ₹70.06 Cr ₹69.79 Cr ₹66.57 Cr ₹60.22 Cr ₹61.08 Cr ₹62.49 Cr
Finance Costs ₹1.3 Cr ₹79 Lakh ₹1.02 Cr ₹86 Lakh ₹1.02 Cr ₹95 Lakh ₹86.5 Lakh ₹95 Lakh ₹81 Lakh ₹40 Lakh ₹28 Lakh ₹60 Lakh
Depreciation & Amortisation ₹26.3 Cr ₹26.94 Cr ₹26.25 Cr ₹25.26 Cr ₹25.35 Cr ₹24.67 Cr ₹25.37 Cr ₹24.48 Cr ₹24.06 Cr ₹22.35 Cr ₹20.59 Cr ₹19.79 Cr
Other Expenses ₹122.35 Cr ₹119.68 Cr ₹113.87 Cr ₹121.59 Cr ₹129.02 Cr ₹133.07 Cr ₹142.39 Cr ₹148.76 Cr ₹135.67 Cr ₹129.02 Cr ₹125.49 Cr ₹141.67 Cr
Total Expenses ₹672.64 Cr ₹676.63 Cr ₹596.68 Cr ₹578.77 Cr ₹603.09 Cr ₹535.42 Cr ₹556.02 Cr ₹644.41 Cr ₹611.59 Cr ₹584.93 Cr ₹573.7 Cr ₹603.4 Cr
Profit Before Exceptional Items & Tax ₹53.43 Cr ₹22.16 Cr ₹119.09 Cr ₹40.93 Cr ₹70.34 Cr ₹23.85 Cr ₹158.34 Cr ₹85.03 Cr ₹76.92 Cr ₹100.09 Cr ₹186.25 Cr ₹115.21 Cr
Exceptional Items ₹0 -₹10.51 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹79.8 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹53.43 Cr ₹11.65 Cr ₹119.09 Cr ₹40.93 Cr ₹70.34 Cr ₹23.85 Cr ₹158.34 Cr ₹85.03 Cr ₹156.72 Cr ₹100.09 Cr ₹186.25 Cr ₹115.21 Cr
Total Tax Expense ₹14.63 Cr ₹3.51 Cr ₹7.44 Cr ₹10.64 Cr ₹16.47 Cr ₹6.6 Cr ₹16.06 Cr ₹21.99 Cr ₹41.04 Cr ₹25.58 Cr ₹28.83 Cr ₹29.39 Cr
Net Profit ₹38.8 Cr ₹8.14 Cr ₹111.65 Cr ₹30.29 Cr ₹53.87 Cr ₹17.25 Cr ₹142.28 Cr ₹63.04 Cr ₹115.68 Cr ₹74.51 Cr ₹157.42 Cr ₹85.82 Cr
Other Comprehensive Income ₹1.22 Cr ₹1.89 Cr -₹45 Lakh -₹40 Lakh -₹87 Lakh -₹46 Lakh -₹44.2 Lakh -₹44 Lakh -₹39 Lakh -₹54 Lakh -₹37 Lakh -₹36 Lakh
Total Comprehensive Income ₹40.02 Cr ₹10.03 Cr ₹111.2 Cr ₹29.89 Cr ₹53 Cr ₹16.79 Cr ₹141.83 Cr ₹62.6 Cr ₹115.29 Cr ₹73.97 Cr ₹157.05 Cr ₹85.46 Cr
EBITDA (computed) ₹81.03 Cr ₹49.89 Cr ₹146.36 Cr ₹67.05 Cr ₹96.71 Cr ₹49.47 Cr ₹184.57 Cr ₹110.46 Cr ₹101.79 Cr ₹122.84 Cr ₹207.12 Cr ₹135.6 Cr
Basic EPS ₹2.84 ₹0.60 ₹8.19 ₹2.22 ₹3.95 ₹1.26 ₹10.43 ₹4.62 ₹8.48 ₹5.46 ₹11.54 ₹6.29
Diluted EPS ₹2.84 ₹0.60 ₹8.19 ₹2.22 ₹3.95 ₹1.26 ₹10.43 ₹4.62 ₹8.48 ₹5.46 ₹11.54 ₹6.29
Latest 12 quarters shown of 25 on record.
Segment · FY 2022 (annual) Revenue Result (PBIT) Assets Liabilities
Basic Intermediates ₹1,260.95 Cr ₹312.83 Cr - -
Fine & Speciality Chemicals ₹846.25 Cr ₹257.49 Cr - -
Performance Products ₹529.32 Cr ₹96.83 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Deepak Nitrite Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Deepak Nitrite Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 49.33%, foreign institutional investors hold 6.19%, domestic institutional investors hold 23.47%, retail and other public shareholders hold 21.01% of Deepak Nitrite Limited. The company had 396,798 shareholders on record.

Promoters: 49.33%DII (Domestic Institutional): 23.47%FII (Foreign Institutional): 6.19%Retail & Others: 21.01%
Mar 2026
QUARTER
49.33% Promoters
23.47% DII (Domestic Institutional)
6.19% FII (Foreign Institutional)
21.01% Retail & Others
Promoter holding - history
Now 49.33% · Mar 2026High 57.28% · Dec 2015Low 44.63% · Jun 2018
43%47%51%55%59%Dec 2015Mar 2018Sep 2020Mar 2023Sep 2025Dec 2015: 57.28%Mar 2016: 51.79%Jun 2016: 51.95%Sep 2016: 51.95%Dec 2016: 51.95%Mar 2017: 46.22%Jun 2017: 46.52%Sep 2017: 46.59%Dec 2017: 46.59%Jan 2018: 44.65%Mar 2018: 44.65%Jun 2018: 44.63%Sep 2018: 44.63%Dec 2018: 44.63%Mar 2019: 44.85%Jun 2019: 44.85%Sep 2019: 45.64%Dec 2019: 45.64%Mar 2020: 45.69%Jun 2020: 45.69%Sep 2020: 45.69%Dec 2020: 45.69%Mar 2021: 45.69%Jun 2021: 45.69%Sep 2021: 45.69%Dec 2021: 45.69%Mar 2022: 45.72%Jun 2022: 45.72%Sep 2022: 45.72%Dec 2022: 45.72%Mar 2023: 49.13%Jun 2023: 49.13%Sep 2023: 49.13%Dec 2023: 49.13%Mar 2024: 49.13%Jun 2024: 49.24%Sep 2024: 49.24%Dec 2024: 49.24%Mar 2025: 49.28%Jun 2025: 49.28%Sep 2025: 49.28%Dec 2025: 49.33%Mar 2026: 49.33%57.28%44.63%49.33%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters49.33%49.33%49.28%49.28%49.28%49.24%
Public50.67%50.67%50.72%50.72%50.72%50.76%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters49.33%49.28%49.13%49.13%45.72%45.69%45.69%44.85%44.65%46.22%51.79%
Public50.67%50.72%50.87%50.87%54.28%54.31%54.31%55.15%55.35%53.78%48.21%
Promoter change (YoY, %pts)+0.05+0.15+0.00+3.41+0.03+0.00+0.84+0.20-1.57-5.57-

Board & Governance of Deepak Nitrite Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Deepak Nitrite Limited has 12 directors - 6 independent and 4 executive. The board is chaired by Deepak C Mehta.

DirectorPositionOn board sinceListed boards
Deepak C Mehta Executive Director · MD · Chairperson 1978-06-14 1
Maulik D Mehta Executive Director · CEO 2016-05-09 3
Sanjay Upadhyay Executive Director 2017-04-28 1
Ajay Mehta Non-Executive - Non Independent Director 1989-12-01 1
Meghav D Mehta Non-Executive - Non Independent Director 2022-05-04 2
Dileep Choksi Non-Executive - Independent Director 2020-02-03 1
Punit Lalbhai Non-Executive - Independent Director 2022-08-08 5
Vipul Shah Non-Executive - Independent Director 2022-08-08 2
Girish Satarkar Executive Director 2023-08-04 1
Dr. Arvind Nath Agrawal Non-Executive - Independent Director 2025-06-28 1
Mahesh Chhabria Non-Executive - Independent Director 2025-06-28 5
Bhumika Batra Non-Executive - Independent Director 2025-06-28 4
Board Committees
CommitteeMembers
Audit Committee Dileep Choksi (Chairperson), Mahesh Chhabria, Vipul Shah
Nomination and remuneration committee Deepak C Mehta, Dr. Arvind Nath Agrawal (Chairperson), Punit Lalbhai, Bhumika Batra
Stakeholders Relationship Committee Ajay Mehta (Chairperson), Punit Lalbhai, Sanjay Upadhyay
Risk Management Committee Deepak C Mehta, Sanjay Upadhyay, Vipul Shah, Maulik D Mehta (Chairperson), Mahesh Chhabria
Corporate Social Responsibility Committee Deepak C Mehta (Chairperson), Sanjay Upadhyay, Punit Lalbhai, Dr. Arvind Nath Agrawal
Sustainaibilty Committee Vipul Shah, Punit Lalbhai (Chairperson), Maulik D Mehta, Girish Satarkar

Group Structure of Deepak Nitrite Limited

Deepak Nitrite Limited has 5 subsidiary companies. This group structure data is as of FY 2025. The corporate group structure reflects Deepak Nitrite Limited's business expansion strategy and organizational complexity.

5
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Deepak Advanced Materials Limited U20296GJ2024PLC148316 -
Deepak Phenolics Limited U24100GJ2011PLC064669 -
Corporation Inc. Deepak Chem Tech Limited U24290GJ2020PLC117177 -
Narmada Thermal Power Private Limited U40100GJ2000PTC038012 -
Deepak Pmc Limited U42901GJ2023PLC146633 -

Showing major subsidiaries. Total: 5.

Charges & Borrowings of Deepak Nitrite Limited

Open charges
₹470 Cr
Satisfied charges
₹656.36 Cr
Breakdown by lending institutions
State Bank of India₹470.00 Cr
Latest charge details
DateLenderAmountStatus
15 Dec 2008 State Bank of India ₹470 Cr Open
31 Aug 2018 Axis Bank Limited ₹250 Cr Satisfied
25 Jun 2014 State Bank of India ₹140 Cr Satisfied
14 Mar 2008 Export-Import Bank of India ₹10 Cr Satisfied
26 Mar 2007 Axis Bank Limited ₹89.15 Cr Satisfied

Total charge records: 18 View all charges

Employees and EPFO Compliance at Deepak Nitrite Limited

Deepak Nitrite Limited has a workforce of 1,731 employees as of Oct 10, 2025.

Employee count
1,731
Active EPFO establishments
6
Employee growth
2.67%
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Employee and EPFO history for Deepak Nitrite Limited

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GST Compliance of Deepak Nitrite Limited

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Credit Ratings, Litigation & Regulatory Alerts for Deepak Nitrite Limited

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MSME Payment Delays by Deepak Nitrite Limited

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MSME payment history for Deepak Nitrite Limited

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Subsidiaries & Group Companies of Deepak Nitrite Limited

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Corporate group structure for Deepak Nitrite Limited

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MCA Filings & Documents of Deepak Nitrite Limited

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Recent Activity on Deepak Nitrite Limited

Activity
14 Aug 2025
Deepak Nitrite Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records.
Directors
28 Jun 2025
Bhumika Batra was appointed as a Director on 28 Jun 2025 & has been associated with this company since 1 year 1 month.
Directors
28 Jun 2025
Arvind Nath Agrawal was appointed as a Director on 28 Jun 2025 & has been associated with this company since 1 year 1 month.
Directors
28 Jun 2025
Mahesh Ramchand Chhabria was appointed as a Director on 28 Jun 2025 & has been associated with this company since 1 year 1 month.
Charges
15 May 2025
A charge with State Bank Of India of Rs. 470.00 Cr registered on 15 Dec 2008 with Charge ID 10134988 was modified on 15 May 2025.
Activity
31 Mar 2025
Deepak Nitrite Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.

Recent News on Deepak Nitrite Limited

Deepak Nitrite commissions Rs 1,400 crore petrochemical plant
29 Jun 2019 · Asian News International

Frequently Asked Questions about Deepak Nitrite Limited

Deepak Nitrite Limited is an active public limited company in the chemicals and materials sector based in Vadodara, Gujarat, India. It was incorporated on 06 June 1970 (56+ years old) and is registered under CIN L24110GJ1970PLC001735. Listed on BSE: 506401 and NSE: DEEPAKNTR. The company has 1,731 employees.

Deepak Nitrite Limited reported revenue of ₹7,887.07 Cr for FY 2026 (down 4.77% YoY) based on consolidated NSE filings.

The current directors of Deepak Nitrite Limited are:

The primary industry of Deepak Nitrite Limited is chemicals and materials. The company specifically operates in industrial chemicals. The company is currently active in this sector.

Yes. Deepak Nitrite Limited is listed on both BSE (code: 506401) and NSE (symbol: DEEPAKNTR).

Deepak Nitrite Limited can be reached at the registered office: 2Nd Floor Fermenter House, Alembic City Alembic Avenue Road, Vadodara, Gujarat, India – 390003, or through the website godeepak.com.

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