About Deepak Nitrite Limited
Data last updated: 26 September 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 the latest consolidated financials for FY 2025-26, 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 ₹5,836.83 Cr (up 8.32% YoY). Total assets are valued at ₹7,557.18 Cr (up 12.21% 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.
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EmailLocked
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Registered Address2Nd Floor Fermenter House, Alembic City Alembic Avenue Road, Vadodara, Gujarat, India – 390003
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IndustryChemicals and Materials, Industrial Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| Manufacturer of detergents, dyes & pigments and diversified chemicals | deepaknitrite.com | |
| 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 |
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
Verified entity values are shown only after access is granted.
Auditor Details of Deepak Nitrite Limited
Deepak Nitrite Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history for Deepak Nitrite Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
Financials of Deepak Nitrite Limited FY 2025-26 filings available
Deepak Nitrite Limited reported revenue of ₹7,887.07 Cr (down 4.77% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,887 | 8,282 | 7,682 | 7,972 | 6,802 | 4,360 | 4,230 |
| Revenue growth | -3.8% | +9.6% | -1.9% | +28.6% | +67.1% | -2.9% | +40.2% |
| EBITDA | 971 | 1,095 | 1,127 | 1,291 | 1,606 | 1,250 | 1,029 |
| EBITDA margin | +12.3% | +13.2% | +14.7% | +16.2% | +23.6% | +28.7% | +24.3% |
| Profit before tax | 757 | 953 | 1,102 | 1,146 | 1,434 | 1,042 | 806 |
| Net profit | 551 | 668 | 728 | 843 | 1,063 | 777 | 616 |
| Net profit margin | +7.0% | +8.1% | +9.5% | +10.6% | +15.6% | +17.8% | +14.6% |
| EPS (₹) | 40.36 | 51.12 | 59.45 | 62.46 | 78.20 | 56.88 | 44.80 |
| Balance sheet | |||||||
| Total assets | 7,557 | 6,735 | 5,144 | 4,193 | 3,675 | 2,954 | 2,694 |
| Net worth | 5,837 | 5,389 | 4,797 | 4,090 | 3,338 | 2,347 | 1,572 |
| Total debt | 1,638 | 1,267 | 286 | 72.86 | 315 | 590 | 1,107 |
| Cash & bank | 269 | 407 | 465 | 39.95 | 41.79 | 33.43 | 31.40 |
| Net working capital | 1,997 | 2,019 | 1,944 | 1,583 | 1,216 | 767 | 721 |
| Cash flow | |||||||
| Cash from operations | 539 | 625 | 874 | 650 | 824 | 1,002 | 765 |
| Cash from investing | (669) | (1,489) | (717) | (276) | (424) | (396) | (428) |
| Cash from financing | 193 | 806 | 43.53 | (359) | (386) | (599) | (338) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,578 | 2,120 | 1,975 | 1,902 | 1,890 | 2,180 | 1,903 | 2,032 |
| Revenue growth (YoY) | +36.4% | -2.7% | +3.8% | -6.4% | -12.8% | +2.5% | -5.3% | +14.3% |
| Other income | 14.01 | 6.86 | 8.50 | 19.95 | 24.56 | 22.79 | 20.99 | 21.27 |
| EBITDA | 540 | 376 | 198 | 204 | 190 | 317 | 169 | 298 |
| EBITDA margin | +21.0% | +17.7% | +10.0% | +10.7% | +10.0% | +14.5% | +8.9% | +14.6% |
| Depreciation | 63.66 | 62.59 | 57.55 | 53.25 | 51.25 | 51.25 | 48.22 | 48.46 |
| Interest | 22.91 | 18.91 | 11.04 | 7.94 | 8.13 | 9.34 | 6.11 | 6.30 |
| Profit before tax | 468 | 301 | 138 | 163 | 155 | 279 | 135 | 264 |
| Tax | 123 | 81.52 | 38.15 | 44.28 | 42.49 | 76.21 | 37.07 | 69.83 |
| Net profit | 345 | 220 | 99.82 | 119 | 112 | 202 | 98.13 | 194 |
| EPS (₹) | 25.30 | 16.11 | 7.32 | 8.71 | 8.23 | 14.84 | 7.19 | 14.24 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,639 | 2,526 | 2,724 | 3,034 | 2,511 | 1,809 | 2,230 |
| Revenue growth | +8.6% | -2.0% | -6.9% | +31.2% | +46.6% | -11.2% | -3.6% |
| EBITDA | 215 | 294 | 446 | 587 | 646 | 537 | 798 |
| EBITDA margin | +8.1% | +11.6% | +16.4% | +19.4% | +25.8% | +29.7% | +35.8% |
| Profit before tax | 225 | 338 | 558 | 610 | 642 | 479 | 706 |
| Net profit | 195 | 238 | 353 | 460 | 482 | 355 | 548 |
| Net profit margin | +7.4% | +9.4% | +13.0% | +15.2% | +19.2% | +19.6% | +24.6% |
| EPS (₹) | 13.85 | 20.27 | 31.78 | 34.41 | 35.65 | 26.01 | 39.89 |
| Balance sheet | |||||||
| Total assets | 3,310 | 3,208 | 3,016 | 2,662 | 2,299 | 1,868 | 1,723 |
| Net worth | 3,215 | 3,126 | 2,955 | 2,625 | 2,256 | 1,845 | 1,491 |
| Total debt | 60.01 | 49.73 | 32.03 | 10.68 | 24.00 | 7.89 | 219 |
| Cash & bank | 7.73 | 8.06 | 175 | 17.94 | 9.04 | 4.43 | 3.73 |
| Net working capital | 688 | 798 | 1,144 | 827 | 666 | 371 | 382 |
| Cash flow | |||||||
| Cash from operations | 393 | 254 | 418 | 310 | 228 | 442 | 515 |
| Cash from investing | (280) | (333) | (156) | (188) | (159) | (226) | (268) |
| Cash from financing | (114) | (88.37) | (106) | (113) | (64.37) | (215) | (248) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 807 | 718 | 694 | 616 | 612 | 654 | 552 | 605 |
| Revenue growth (YoY) | +31.8% | +9.7% | +25.7% | +1.9% | -14.5% | -2.5% | -18.2% | -9.8% |
| Other income | 6.18 | 8.40 | 5.20 | 99.85 | 7.42 | 18.96 | 7.68 | 110 |
| Total expenses | 697 | 645 | 659 | 569 | 553 | 577 | 510 | 530 |
| EBITDA | 110 | 72.63 | 34.18 | 46.51 | 59.63 | 77.75 | 41.79 | 74.90 |
| EBITDA margin | +13.6% | +10.1% | +4.9% | +7.6% | +9.7% | +11.9% | +7.6% | +12.4% |
| Depreciation | 27.00 | 26.30 | 26.94 | 26.25 | 25.26 | 25.35 | 24.67 | 25.37 |
| Interest | 1.92 | 1.30 | 0.79 | 1.02 | 0.86 | 1.02 | 0.95 | 0.86 |
| Profit before tax | 87.09 | 53.43 | 11.65 | 119 | 40.93 | 70.34 | 23.85 | 158 |
| Tax | 22.38 | 14.63 | 3.51 | 7.44 | 10.64 | 16.47 | 6.60 | 16.06 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,578 | 2,120 | 1,975 | 1,902 | 1,890 | 2,180 | 1,903 | 2,032 |
| Revenue growth (YoY) | +36.4% | -2.7% | +3.8% | -6.4% | -12.8% | +2.5% | -5.3% | +14.3% |
| Other income | 14.01 | 6.86 | 8.50 | 19.95 | 24.56 | 22.79 | 20.99 | 21.27 |
| EBITDA | 540 | 376 | 198 | 204 | 190 | 317 | 169 | 298 |
| EBITDA margin | +21.0% | +17.7% | +10.0% | +10.7% | +10.0% | +14.5% | +8.9% | +14.6% |
| Depreciation | 63.66 | 62.59 | 57.55 | 53.25 | 51.25 | 51.25 | 48.22 | 48.46 |
| Interest | 22.91 | 18.91 | 11.04 | 7.94 | 8.13 | 9.34 | 6.11 | 6.30 |
| Profit before tax | 468 | 301 | 138 | 163 | 155 | 279 | 135 | 264 |
| Tax | 123 | 81.52 | 38.15 | 44.28 | 42.49 | 76.21 | 37.07 | 69.83 |
| Net profit | 345 | 220 | 99.82 | 119 | 112 | 202 | 98.13 | 194 |
| EPS (₹) | 25.30 | 16.11 | 7.32 | 8.71 | 8.23 | 14.84 | 7.19 | 14.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,887 | 8,282 | 7,682 | 7,972 | 6,802 | 4,360 | 4,230 |
| Revenue growth | -3.8% | +9.6% | -1.9% | +28.6% | +67.1% | -2.9% | +40.2% |
| Other income | 59.87 | 83.86 | 156 | 47.58 | 42.61 | 21.52 | 35.20 |
| Total expenses | 6,916 | 7,187 | 6,555 | 6,681 | 5,196 | 3,110 | 3,201 |
| Employee cost | 423 | 392 | 351 | 318 | 274 | 247 | 217 |
| EBITDA | 971 | 1,095 | 1,127 | 1,291 | 1,606 | 1,250 | 1,029 |
| EBITDA margin | +12.3% | +13.2% | +14.7% | +16.2% | +23.6% | +28.7% | +24.3% |
| Depreciation | 225 | 195 | 166 | 166 | 178 | 153 | 140 |
| Interest | 49.17 | 30.80 | 15.10 | 26.68 | 36.37 | 77.33 | 118 |
| Profit before tax | 757 | 953 | 1,102 | 1,146 | 1,434 | 1,042 | 806 |
| Tax | 206 | 255 | 291 | 294 | 368 | 266 | 195 |
| Net profit | 551 | 668 | 728 | 843 | 1,063 | 777 | 616 |
| Net profit margin | +7.0% | +8.1% | +9.5% | +10.6% | +15.6% | +17.8% | +14.6% |
| EPS (₹) | 40.36 | 51.12 | 59.45 | 62.46 | 78.20 | 56.88 | 44.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 |
| Reserves & surplus | 5,810 | 5,361 | 4,769 | 4,063 | 3,311 | 2,319 | 1,545 |
| Shareholders' funds (net worth) | 5,837 | 5,389 | 4,797 | 4,090 | 3,338 | 2,347 | 1,572 |
| Minority interest | 32.45 | 35.99 | 26.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1,261 | 1,171 | 217 | 54.48 | 301 | 578 | 968 |
| Unsecured loans | 376 | 96.48 | 69.13 | 18.38 | 14.35 | 12.20 | 139 |
| Total debt | 1,638 | 1,267 | 286 | 72.86 | 315 | 590 | 1,107 |
| Total liabilities | 7,557 | 6,735 | 5,144 | 4,193 | 3,675 | 2,954 | 2,694 |
| Assets | |||||||
| Gross block | 4,620 | 3,584 | 3,224 | 2,707 | 2,567 | 2,293 | 1,972 |
| Net block | 3,270 | 2,457 | 2,293 | 1,942 | 1,963 | 1,864 | 1,832 |
| Capital work in progress | 1,828 | 1,649 | 774 | 301 | 122 | 220 | 172 |
| Investments | 213 | 511 | 122 | 379 | 439 | 189 | 2.38 |
| Inventories | 863 | 929 | 761 | 894 | 586 | 389 | 402 |
| Sundry debtors | 1,506 | 1,274 | 1,298 | 1,310 | 1,129 | 756 | 613 |
| Cash & bank balances | 269 | 407 | 465 | 39.95 | 41.79 | 33.43 | 31.40 |
| Loans & advances | 237 | 182 | 199 | 120 | 92.55 | 92.97 | 118 |
| Total current assets | 2,875 | 2,792 | 2,723 | 2,363 | 1,850 | 1,272 | 1,164 |
| Total current liabilities | 878 | 772 | 779 | 780 | 634 | 505 | 443 |
| Net working capital | 1,997 | 2,019 | 1,944 | 1,583 | 1,216 | 767 | 721 |
| Total assets | 7,557 | 6,735 | 5,144 | 4,193 | 3,675 | 2,954 | 2,694 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 179 | 238 | 37.64 | 22.85 | 8.89 | 2.14 | 2.96 |
| Net cash from operating activities | 539 | 625 | 874 | 650 | 824 | 1,002 | 765 |
| Net cash from investing activities | (669) | (1,489) | (717) | (276) | (424) | (396) | (428) |
| Net cash from financing activities | 193 | 806 | 43.53 | (359) | (386) | (599) | (338) |
| Net change in cash | 63.73 | (58.56) | 200 | 14.79 | 13.96 | 6.75 | (0.82) |
| Closing cash | 269 | 407 | 465 | 39.95 | 41.79 | 33.43 | 31.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.8% | +7.8% | -3.6% | +17.2% | +56.0% | +3.1% | +56.7% |
| EBITDA growth | -11.3% | -2.8% | -12.8% | -19.6% | +28.5% | +21.5% | +146.6% |
| PBT growth | -20.5% | -13.5% | -3.9% | -20.1% | +37.7% | +29.2% | +200.9% |
| Net income growth | -17.5% | -8.2% | -13.7% | -20.6% | +36.8% | +26.2% | +249.5% |
| Revenue CAGR (3Y) | -0.4% | +6.8% | +20.8% | +23.5% | +36.1% | +38.2% | +45.6% |
| EBITDA CAGR (3Y) | -9.1% | -12.0% | -3.4% | +7.9% | +56.7% | +84.7% | +95.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.0% | +8.4% | +10.6% | +10.7% | +15.7% | +17.8% | +14.5% |
| Return on capital employed | +11.3% | +16.7% | +21.6% | +29.8% | +44.4% | +39.6% | +37.1% |
| Return on net worth | +9.8% | +13.7% | +16.4% | +22.9% | +37.5% | +39.6% | +46.2% |
| Debt / equity | 0.26 | 0.15 | 0.04 | 0.05 | 0.16 | 0.43 | 0.87 |
| Long-term debt / equity | 0.21 | 0.14 | 0.04 | 0.03 | 0.13 | 0.34 | 0.63 |
| Interest cover | 6.59 | 3.42 | 1.57 | 2.37 | 2.55 | 7.05 | 13.27 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.92 | 2.43 | 2.59 | 3.02 | 2.80 | 2.04 | 2.25 |
| Inventory turnover | 8.80 | 9.80 | 9.28 | 10.77 | 13.95 | 11.02 | 10.31 |
| Debtors turnover | 5.68 | 6.44 | 5.89 | 6.54 | 7.22 | 6.37 | 7.12 |
| EPS (₹) | 40.36 | 51.12 | 59.45 | 62.46 | 78.20 | 56.88 | 44.80 |
| Dividend per share (₹) | 7.50 | 7.50 | 7.50 | 7.50 | 7.00 | 5.50 | 4.50 |
| Book value per share (₹) | 427.92 | 395.06 | 351.66 | 299.85 | 244.75 | 172.04 | 115.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 807 | 718 | 694 | 616 | 612 | 654 | 552 | 605 |
| Revenue growth (YoY) | +31.8% | +9.7% | +25.7% | +1.9% | -14.5% | -2.5% | -18.2% | -9.8% |
| Other income | 6.18 | 8.40 | 5.20 | 99.85 | 7.42 | 18.96 | 7.68 | 110 |
| Total expenses | 697 | 645 | 659 | 569 | 553 | 577 | 510 | 530 |
| EBITDA | 110 | 72.63 | 34.18 | 46.51 | 59.63 | 77.75 | 41.79 | 74.90 |
| EBITDA margin | +13.6% | +10.1% | +4.9% | +7.6% | +9.7% | +11.9% | +7.6% | +12.4% |
| Depreciation | 27.00 | 26.30 | 26.94 | 26.25 | 25.26 | 25.35 | 24.67 | 25.37 |
| Interest | 1.92 | 1.30 | 0.79 | 1.02 | 0.86 | 1.02 | 0.95 | 0.86 |
| Profit before tax | 87.09 | 53.43 | 11.65 | 119 | 40.93 | 70.34 | 23.85 | 158 |
| Tax | 22.38 | 14.63 | 3.51 | 7.44 | 10.64 | 16.47 | 6.60 | 16.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,639 | 2,526 | 2,724 | 3,034 | 2,511 | 1,809 | 2,230 |
| Revenue growth | +8.6% | -2.0% | -6.9% | +31.2% | +46.6% | -11.2% | -3.6% |
| Other income | 121 | 149 | 204 | 102 | 70.80 | 13.54 | 7.58 |
| Total expenses | 2,425 | 2,233 | 2,278 | 2,447 | 1,865 | 1,272 | 1,431 |
| Employee cost | 280 | 275 | 250 | 230 | 197 | 181 | 173 |
| EBITDA | 215 | 294 | 446 | 587 | 646 | 537 | 798 |
| EBITDA margin | +8.1% | +11.6% | +16.4% | +19.4% | +25.8% | +29.7% | +35.8% |
| Depreciation | 105 | 99.87 | 86.79 | 76.16 | 72.54 | 66.88 | 77.93 |
| Interest | 5.59 | 5.47 | 4.35 | 2.55 | 2.75 | 5.52 | 22.01 |
| Profit before tax | 225 | 338 | 558 | 610 | 642 | 479 | 706 |
| Tax | 36.22 | 61.11 | 125 | 140 | 156 | 124 | 162 |
| Net profit | 195 | 238 | 353 | 460 | 482 | 355 | 548 |
| Net profit margin | +7.4% | +9.4% | +13.0% | +15.2% | +19.2% | +19.6% | +24.6% |
| EPS (₹) | 13.85 | 20.27 | 31.78 | 34.41 | 35.65 | 26.01 | 39.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 |
| Reserves & surplus | 3,188 | 3,099 | 2,927 | 2,598 | 2,229 | 1,817 | 1,464 |
| Shareholders' funds (net worth) | 3,215 | 3,126 | 2,955 | 2,625 | 2,256 | 1,845 | 1,491 |
| Secured loans | 12.97 | 18.87 | 0.00 | 0.00 | 13.99 | 0.00 | 84.25 |
| Unsecured loans | 47.04 | 30.86 | 32.03 | 10.68 | 10.01 | 7.89 | 135 |
| Total debt | 60.01 | 49.73 | 32.03 | 10.68 | 24.00 | 7.89 | 219 |
| Total liabilities | 3,310 | 3,208 | 3,016 | 2,662 | 2,299 | 1,868 | 1,723 |
| Assets | |||||||
| Gross block | 1,703 | 1,459 | 1,302 | 1,120 | 996 | 1,031 | 798 |
| Net block | 1,041 | 898 | 835 | 728 | 674 | 776 | 720 |
| Capital work in progress | 65.78 | 170 | 126 | 77.03 | 83.33 | 68.76 | 89.88 |
| Investments | 1,566 | 1,372 | 945 | 1,057 | 909 | 689 | 563 |
| Inventories | 422 | 455 | 381 | 449 | 340 | 216 | 241 |
| Sundry debtors | 594 | 613 | 614 | 597 | 550 | 354 | 366 |
| Cash & bank balances | 7.73 | 8.06 | 175 | 17.94 | 9.04 | 4.43 | 3.73 |
| Loans & advances | 96.06 | 83.72 | 281 | 95.48 | 60.33 | 57.58 | 56.80 |
| Total current assets | 1,120 | 1,159 | 1,451 | 1,159 | 960 | 632 | 668 |
| Total current liabilities | 432 | 361 | 307 | 332 | 294 | 261 | 286 |
| Net working capital | 688 | 798 | 1,144 | 827 | 666 | 371 | 382 |
| Total assets | 3,310 | 3,208 | 3,016 | 2,662 | 2,299 | 1,868 | 1,723 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.09 | 173 | 16.15 | 7.44 | 3.06 | 2.10 | 2.81 |
| Net cash from operating activities | 393 | 254 | 418 | 310 | 228 | 442 | 515 |
| Net cash from investing activities | (280) | (333) | (156) | (188) | (159) | (226) | (268) |
| Net cash from financing activities | (114) | (88.37) | (106) | (113) | (64.37) | (215) | (248) |
| Net change in cash | (0.26) | (167) | 157 | 8.71 | 4.38 | 0.96 | (0.71) |
| Closing cash | 7.73 | 8.06 | 175 | 17.94 | 9.04 | 4.43 | 3.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.5% | -7.3% | -10.2% | +20.8% | +38.8% | -18.9% | +24.4% |
| EBITDA growth | -26.9% | -34.1% | -24.0% | -9.2% | +20.3% | -32.7% | +159.6% |
| PBT growth | -33.3% | -39.5% | -8.5% | -5.0% | +34.1% | -32.2% | +232.3% |
| Net income growth | -18.2% | -32.6% | -23.3% | -4.5% | +35.8% | -35.3% | +290.2% |
| Revenue CAGR (3Y) | -4.5% | +0.2% | +14.6% | +10.8% | +11.9% | +7.5% | +21.8% |
| EBITDA CAGR (3Y) | -28.5% | -23.1% | -6.0% | -9.8% | +28.1% | +38.0% | +76.7% |
| Profitability & leverage | |||||||
| Net income margin | +7.2% | +10.9% | +15.9% | +15.5% | +19.4% | +19.6% | +24.4% |
| Return on capital employed | +7.1% | +11.0% | +16.1% | +24.7% | +30.9% | +27.0% | +46.7% |
| Return on net worth | +6.0% | +9.1% | +12.7% | +19.2% | +23.7% | +21.3% | +42.7% |
| Debt / equity | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.21 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.04 |
| Interest cover | 5.09 | 2.82 | 1.21 | 0.50 | 0.48 | 1.17 | 3.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.67 | 1.83 | 2.25 | 2.87 | 2.48 | 1.98 | 3.10 |
| Inventory turnover | 6.02 | 6.04 | 6.57 | 7.69 | 9.03 | 7.92 | 9.27 |
| Debtors turnover | 4.37 | 4.12 | 4.50 | 5.29 | 5.56 | 5.03 | 6.28 |
| EPS (₹) | 13.85 | 20.27 | 31.78 | 34.41 | 35.65 | 26.01 | 39.89 |
| Dividend per share (₹) | 7.50 | 7.50 | 7.50 | 7.50 | 7.00 | 5.50 | 4.50 |
| Book value per share (₹) | 235.73 | 229.21 | 216.61 | 192.45 | 165.40 | 135.25 | 109.34 |
Shareholding Pattern of Deepak Nitrite Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 49.30%, foreign institutional investors hold 6.20%, domestic institutional investors hold 23.80%, retail and other public shareholders hold 20.70% of Deepak Nitrite Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 49.30% | 49.30% | 49.30% | 49.30% |
| Public | 50.70% | 50.70% | 50.70% | 50.70% |
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.
| 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 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
Credit ratings, litigation, and regulatory alerts for Deepak Nitrite Limited
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MSME Payment Delays by Deepak Nitrite Limited
MSME payment history for Deepak Nitrite Limited
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Subsidiaries & Group Companies of Deepak Nitrite Limited
Corporate group structure for Deepak Nitrite Limited
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MCA Filings & Documents of Deepak Nitrite Limited
MCA filings and documents for Deepak Nitrite Limited
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Recent Activity on Deepak Nitrite Limited
Recent News on Deepak Nitrite Limited
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 2025-26 (down 4.77% YoY) based on consolidated financials.
The current directors of Deepak Nitrite Limited are:
- Deepak Chimanlal Mehta - Managing Director
- Maulik Deepak Mehta - Whole-Time Director
- Sanjay Bakulchandra Upadhyay - Whole-Time Director
- Ajay Chimanlal Mehta - Director
- Vipul Shantilal Shah - Director
- Dileep Chinubhai Choksi - Director
- Punit Sanjay Lalbhai - Director
- Meghav Deepak Mehta - Director
- Bhumika Batra - Director
- Arvind Nath Agrawal - Director
- Mahesh Ramchand Chhabria - Director
- Girish Raghunath Satarkar - Whole-Time Director
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.