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Deepak Nitrite Limited - Company Profile

It is a chemicals and materials public limited company based in Vadodara, Gujarat, India, established in 1970.

1970 | Vadodara, Gujarat, India | Active
Last Updated:

About Deepak Nitrite Limited

Deepak Nitrite Limited, a active public limited company, was established on 06 June 1970 in Vadodara, Gujarat, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: L24110GJ1970PLC001735. Registered under ROC Roc Ahmedabad. it is listed on BSE: 506401 and NSE: DEEPAKNTR. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹27.28 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹3,135.13 Cr and a net worth of ₹2,625.06 Cr. Employing 1,731 professional, Its leadership includes Girish Raghunath Satarkar (Whole-Time Director), Maulik Deepak Mehta (Ceo), Bhumika Batra (Director). Past directors included Shrenikbhai Kasturbhai Lalbhai, M R B Punja, Asimkumar Khitishchandra Dasgupta. It holds ₹470.00 Cr open charges and ₹656.36 Cr settled loans. Its latest AGM occurred on 14 August 2025, with the balance sheet filed on 31 March 2025. It is based at 2Nd Floor, Fermenter House,, Alembic City, Alembic Avenue Road,, Vadodara, Gujarat, 390003.

Company Details

  • CIN/LLPIN

    L24110GJ1970PLC001735

  • Registration Number

    001735

  • Incorporation Date

    06 June 1970

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹27.28 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 506401, NSE: DEEPAKNTR)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 27.28 Cr
  • Company Age 55 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 470.00 Cr
  • Satisfied Charges ₹ 656.36 Cr
  • Revenue Growth 21.43%
  • Profit Growth -3.46%
  • Ebitda -9.20%
  • Net Worth 16.36%
  • Total Assets 15.42%
Company report

Deepak Nitrite Limited

Company Report FY 2025-2026

Explore comprehensive insights into Deepak Nitrite Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Deepak Nitrite Limited?

Current Directors

NameDesignationAppointment DateStatus
Girish Raghunath SatarkarWhole-Time Director04 Aug 2023Current
Maulik Deepak MehtaCeo01 Jun 2020Current
Bhumika BatraDirector28 Jun 2025Current
Meghav Deepak MehtaDirector04 May 2022Current
Dileep Chinubhai ChoksiDirector03 Feb 2020Current
Deepak Chimanlal MehtaManaging Director14 Jun 1978Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 May 2011Past
Pramod AbcsddDirector02 Sep 2013Past
Pramod AbcsddDirector02 Aug 2013Past
Pramod AbcsddAdditional Director05 Aug 2016Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddAdditional Director22 Jun 2022Past

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Financial Performance of Deepak Nitrite.

Deepak Nitrite Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.43% increase. The company also saw a slight decrease in profitability, with a 3.46% decrease in profit. The company's net worth Soared by an impressive increase of 16.36%.

Deepak Nitrite revenue growth over time
Deepak Nitrite profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.43%
Revenue from Operations
20.81%
Total Assets
15.42%
Profit or Loss
-3.46%
Net Worth
16.36%
EBITDA
-9.20%

What is the Ownership and Shareholding Structure of Deepak Nitrite?

In 2023, Deepak Nitrite had a promoter holding of 49.13% and a public holding of 50.87%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹4,700,000,000.00

Satisfied Charges

₹6,563,600,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 470.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2008State Bank Of India₹470.00 CrOpen
31 Aug 2018Axis Bank Limited₹250.00 CrSatisfied
25 Jun 2014State Bank Of India₹140.00 CrSatisfied
14 Mar 2008Export-Import Bank Of India₹10.00 CrSatisfied
26 Mar 2007Axis Bank Limited₹89.15 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Deepak Nitrite?

Deepak Nitrite has a workforce of 1731 employees as of Jun 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Deepak Nitrite Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Deepak Nitrite, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Deepak Nitrite's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Deepak Nitrite

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Deepak Nitrite Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Bhumika Batra was appointed as a Director was appointed as a Director on 28 Jun 2025 & has been associated with this company since 4 months 29 days . was completed.

  • Director Appointment

    Progress on Arvind Nath Agrawal was appointed as a Director was appointed as a Director on 28 Jun 2025 & has been associated with this company since 4 months 29 days . was documented.

  • Director Appointment

    Mahesh Ramchand Chhabria was appointed as a Director was appointed as a Director on 28 Jun 2025 & has been associated with this company since 4 months 29 days . was recorded as a recent event.

  • Charges

    The activity 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. was completed.

  • Balance Sheet

    Progress on Deepak Nitrite Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Deepak Nitrite Limited?

    The CIN of Deepak Nitrite Limited is L24110GJ1970PLC001735.

  • Where is Deepak Nitrite Limited headquartered?

    Deepak Nitrite Limited is headquartered at 2Nd Floor, Fermenter House,, Alembic City, Alembic Avenue Road,, Vadodara, Gujarat, 390003.

  • When was Deepak Nitrite Limited incorporated?

    Deepak Nitrite Limited was incorporated on 06 June 1970.

  • Who are the current directors of Deepak Nitrite Limited?

    The current directors of Deepak Nitrite Limited are

  • What is the primary industry of Deepak Nitrite Limited?

    The primary industry of Deepak Nitrite Limited is Manufacturing.

  • Is Deepak Nitrite Limited a listed company?

    Deepak Nitrite Limited is listed. It is listed on BSE: 506401 and NSE: DEEPAKNTR.

  • What is the capital structure of Deepak Nitrite Limited?

    The authorized capital of Deepak Nitrite Limited is ₹50.00 Cr, and the paid-up capital is ₹27.28 Cr.

  • What is the compliance status of Deepak Nitrite Limited?

    The compliance status of Deepak Nitrite Limited is Compliant.

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