Deepak Nitrite Ltd
NSE: DEEPAKNTR BSE: 506401
₹1492.80
(2.42%)
Fri, 09 Oct 2026, 00:51 pm
Market Cap (in Cr)20373.03
PE Ratio25.99
Dividend0.49
Deepak Nitrite Analysis
dividend
Pros
- Dividends per share have increased over the past 10 years.
- Dividends paid are thoroughly covered by earnings (10x coverage).
- Dividends after 3 years are expected to be well covered by earnings (6x coverage).
- Dividends per share have been stable in the past 10 years.
- Deepak Nitrite's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
Cons
- Deepak Nitrite's dividend is below the markets top 25% of dividend payers in India (3.08%).
future
Pros
- Deepak Nitrite is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
- Performance (ROE) is expected to be above the current IN Chemicals industry average.
Cons
- Cash flow for Deepak Nitrite is expected to decrease over the next 2 years.
- Deepak Nitrite's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
- Deepak Nitrite's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
- Deepak Nitrite's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.2%.
- Deepak Nitrite's earnings are expected to decrease over the next year.
- Deepak Nitrite's net income is expected to decrease over the next 2 years.
- A decline in Deepak Nitrite's performance (ROE) is expected over the next 3 years.
- Deepak Nitrite's revenue is expected to increase but not above the 50% threshold in 2 years time.
- Deepak Nitrite's revenue is expected to grow by 1% yearly, however this is not considered high growth (20% yearly).
- Deepak Nitrite's revenue growth is positive but not above the India market average.
health
Pros
- Deepak Nitrite is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Deepak Nitrite is profitable, therefore cash runway is not a concern.
- Deepak Nitrite is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (74.4%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 1.1x debt.
- Deepak Nitrite's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (156.9% vs 65.4% today).
- Interest payments on debt are well covered by earnings (EBIT is 7.7x coverage).
Cons
- Deepak Nitrite's level of debt (65.4%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
Pros
- The tenure for the Deepak Nitrite board of directors is about average.
- Maulik's remuneration is lower than average for companies of similar size in India.
- Maulik's compensation has been consistent with company performance over the past year, both up more than 20%.
- More shares have been bought than sold by Deepak Nitrite individual insiders in the past 3 months.
- The tenure for the Deepak Nitrite management team is about average.
Cons
misc
Pros
Cons
- Deepak Nitrite has significant price volatility in the past 3 months.
past
Pros
- Deepak Nitrite's 1-year earnings growth exceeds its 5-year average (249.4% vs 38.6%)
- Deepak Nitrite has delivered over 20% year on year earnings growth in the past 5 years.
- Deepak Nitrite used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
- Deepak Nitrite has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Deepak Nitrite has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Deepak Nitrite's earnings growth has exceeded the IN Chemicals industry average in the past year (249.4% vs 9.1%).
Cons
value
Pros
- Deepak Nitrite is good value based on earnings compared to the India market.
- DEEPAKNTR outperformed the Chemicals industry which returned 2.2% over the past year.
- DEEPAKNTR outperformed the Market in India which returned -14.5% over the past year.
Cons
- Deepak Nitrite's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Deepak Nitrite's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Deepak Nitrite is overvalued based on assets compared to the IN Chemicals industry average.
- Deepak Nitrite earnings are not expected to grow next year, we can't assess if its growth is good value.
- Deepak Nitrite is overvalued based on earnings compared to the IN Chemicals industry average.
- NSEI:DEEPAKNTR is down -8.9% underperforming the Chemicals industry which returned 6.9% over the past month.
- NSEI:DEEPAKNTR is down -8.9% underperforming the market in India which returned 8% over the past month.