Deepak Nitrite logo

Deepak Nitrite share price

NSE: DEEPAKNTRBSE: 506401Chemicals & PetrochemicalsSmall Cap

Deepak Nitrite Limited · Face value ₹2 · Listed Oct 1971 on BSE, Sep 2010 on NSE
Last close ₹1,488.40up ₹56.90 (3.97%)BSE ₹1,487.70

Share price at the NSE close on 28 Oct 2026. Previous close ₹1,431.50.

28 Oct: open ₹1,431.50, high ₹1,516.20, low ₹1,426.30

52-week range of traded prices to 28 Oct 2026
₹1,280.00Low, 30 Mar 2026₹1,897.90High, 12 May 2026
Market cap
₹20,301 Cr325th largest listed
P/E
25.92
P/B
3.48
Dividend yield
0.50%
ROE
14.0%
ROCE
14.8%
Debt to equity
0.26
Volume, NSE
3,11,55240.0% delivered

Deepak Nitrite share price chart

Daily closes since Jan 2007, BSE closes Jan 2007 to Sep 2010, adjusted for splits and bonuses

−15.0%over a year · Nifty Chemicals −8.6% · Nifty 500 −8.8%

ResultsDividend20-session average 1,99,835 shares a day, 48.0% delivered

About Deepak Nitrite

Deepak Nitrite Limited is an Indian chemical manufacturer that makes intermediates, the chemicals other industries use as inputs for their own products. Its products are used in pharmaceuticals, agrochemicals, dyes and pigments, paints, laminates and plywood, and have more than 56 applications in all. It has more than 1,500 customers, and its products reach more than 50 countries across six continents.

The business has two segments, Advanced Intermediates and Phenolics. Advanced Intermediates covers specialised products such as nitrites, nitro toluidines, fuel additives, xylidines, oximes, cumidines, optical brighteners and nitric acid. Phenolics covers cumene, phenol, acetone, isopropyl alcohol and alpha methyl styrene. Part of the production sits in group companies, including Deepak Phenolics Limited, Deepak Chem Tech Limited and Deepak Advanced Materials Limited.

The company has plants at Nandesari, Savli, Dahej and Sankarda in Gujarat, at Taloja and Roha in Maharashtra, and at Hyderabad in Telangana. Its divisions are Nitrite and Nitroaromatics at Nandesari, Taloja Chemicals, Roha, Hyderabad Specialities and Dahej. Dahej also hosts plants of Deepak Phenolics and Deepak Chem Tech, and Savli hosts a plant of Deepak Advanced Materials. The company has a research and development centre at Savli. Its corporate headquarters is in Vadodara, Gujarat.

It was incorporated in 1970. Shri Chimanlal K. Mehta founded the company and later served as its chairman emeritus. The company is part of the Deepak Group.

Written from the annual report for the year to Mar 2026, filed 14 Jul 2026 and the investor presentation.

Sources for 34 statements, each with its page
  1. Products are used in pharmaceuticals. Annual report, page 9
  2. Products are used in agrochemicals, dyes and pigments, paints, laminates and plywood. Annual report, page 9
  3. Products are used in plywood. Annual report, page 9
  4. Products have more than 56 applications. Investor presentation, page 2
  5. The company has more than 1,500 customers. Investor presentation, page 2
  6. Products reach more than 50 countries across six continents. Annual report, page 9
  7. The business has two segments, Advanced Intermediates and Phenolics. Annual report, page 9
  8. Advanced Intermediates products include nitrites, nitro toluidines, fuel additives, xylidines. Annual report, page 17
  9. Advanced Intermediates products include oximes, cumidines, optical brighteners, nitric acid. Annual report, page 17
  10. Advanced Intermediates products include oximes and cumidines. Annual report, page 17
  11. Advanced Intermediates are specialised products. Annual report, page 17
  12. Phenolics covers cumene, phenol, acetone, isopropyl alcohol. Annual report, page 19
  13. Phenolics covers alpha methyl styrene. Annual report, page 19
  14. Deepak Phenolics Limited is a group company. Annual report, page 4
  15. Deepak Chem Tech Limited is a group company. Annual report, page 4
  16. Deepak Advanced Materials Limited is a group company. Annual report, page 4
  17. Plant at Nandesari, Gujarat. Annual report, page 11
  18. Plant at Savli, Gujarat, shared with Deepak Advanced Materials. Annual report, page 11
  19. Plant at Dahej, Gujarat, shared with Deepak Phenolics and Deepak Chem Tech. Investor presentation, page 4
  20. Plant at Sankarda, Gujarat. Annual report, page 11
  21. Plant at Taloja, Maharashtra. Annual report, page 11
  22. Plant at Roha, Maharashtra. Annual report, page 11
  23. Plant at Hyderabad, Telangana. Annual report, page 11
  24. Nitrite and Nitroaromatics division at Nandesari. Annual report, page 4
  25. Taloja Chemicals division. Annual report, page 4
  26. Roha division. Annual report, page 4
  27. Hyderabad Specialities division. Annual report, page 4
  28. Dahej division. Annual report, page 4
  29. Research and development centre at Savli. Annual report, page 8
  30. Corporate headquarters in Vadodara, Gujarat. Annual report, page 11
  31. It was incorporated in 1970 (CIN L24110GJ1970PLC001735). Annual report, page 4
  32. Shri Chimanlal K. Mehta founded the company. Annual report, page 5
  33. Shri Chimanlal K. Mehta was chairman emeritus. Annual report, page 5
  34. The company is part of the Deepak Group. Annual report, page 9

Results

Consolidated; ₹ crore.Deepak Nitrite quarterly results

Revenue growth, 12 months
+7.1%
Net profit growth, 12 months
+29.2%

Quarter to Jun 2026, against the quarter before

Revenue
₹2,578 Crup 21.57%
Net profit
₹345 Crup 56.94%
Net margin
13.4%

Revenue by quarter

₹2,032 CrSep 24₹1,903 CrDec 24₹2,180 CrMar 25₹1,890 CrJun 25₹1,902 CrSep 25₹1,975 CrDec 25₹2,120 CrMar 26₹2,578 CrJun 26
Peak revenue ₹2,578 Cr, quarter to Jun 2026; lowest ₹1,890 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹194 CrSep 24₹98 CrDec 24₹203 CrMar 25₹112 CrJun 25₹119 CrSep 25₹100 CrDec 25₹220 CrMar 26₹345 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue2,0321,9032,1801,8901,9021,9752,1202,578
Net profit19498203112119100220345
Net margin9.6%5.2%9.3%5.9%6.2%5.1%10.4%13.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Phenolics₹5,401 Crdown 6.97%67.9%
  • Advanced Intermediates₹2,553 Crup 1.03%32.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Deepak Nitrite PE ratio and valuation

Price to earnings

At or below today's level on 22% of 2,478 trading days over the last 10 years.

LowestHighest
Its median34.42Industry median23.99
Price to book

At or below today's level on 4% of 1,982 trading days since Oct 2018.

LowestHighest
Its median6.63Industry median2.34
Dividend yield

At or below today's level on 68% of 2,440 trading days over the last 10 years.

LowestHighest
Its median0.43%Industry median0.54%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−34.5%−21.0%−17.8%0.6%
3 years−10.8%−13.6%+2.6%0.4%
5 years−4.5%−6.6%+1.8%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Deepak Nitrite shareholding pattern

Shareholding by group

  • Promoters49.39%
  • Foreign institutions6.40%
  • Indian institutions22.50%
  • Individuals and others21.71%
Holder
Deepak Chimanlal MehtaPromoter16.61%
Life Insurance Corporation of IndiaInsurance companies9.47%
Stiffen Credits and Capital Pvt LtdPromoter6.19%
Checkpoint Credits and Capital Pvt LtdPromoter5.28%
Stepup Credits and Capital Pvt LtdPromoter5.08%
Stigma Credits and Capital P LtdPromoter4.54%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters +0.05 pts, foreign institutions +0.15 pts, Indian institutions −1.26 pts, mutual funds +0.53 pts.

Mutual fund holdings

82 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 47 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 82 funds holding Deepak Nitrite

Bought for the first time
2
Added
15
Cut
32
Held unchanged
33
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Deepak Nitrite insider trading

Bought on the market Sold on the market
  • Promoters and promoter group6 purchases, 0 sales₹22 CrNo saleNet₹22 Cr1 pledge filing of unclear kind
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Deepak Nitrite competitors and peers

Specialty Chemicals, 130 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Deepak Nitrite in market cap.Chemical companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
SRF logoSRFSRF69,66030.524.55+19.7%+41.1%16.0%15.1%0.43%
Gujarat Fluorochemicals logoGujarat FluorochemicalsFLUOROCHEM46,87476.225.96+9.5%−1.1%8.1%9.8%0.07%
Navin Fluorine International logoNavin Fluorine InternationalNAVINFLUOR43,61755.2310.97+42.4%+122.7%23.9%20.7%0.18%
Aether Industries logoAether IndustriesAETHER21,082–8.58+33.8%––10.7%0.00%
Aarti Industries logoAarti IndustriesAARTIIND15,86329.862.66+27.1%+123.7%9.2%7.9%0.23%
Fine Organic Industries logoFine Organic IndustriesFINEORG15,64335.715.87+7.3%+5.7%17.7%17.6%0.22%
Atul logoAtulATUL15,38519.932.34+18.1%+42.4%12.4%12.5%0.57%
Privi Speciality Chemicals logoPrivi Speciality ChemicalsPRIVISCL13,578–9.61+21.6%––21.3%0.29%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Deepak Nitrite dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.2Mar 171.3Mar 182Mar 194.5Mar 205.5Mar 217Mar 227.5Mar 237.5Mar 247.5Mar 257.5Mar 26
Highest ₹7.50 a share, in 4 years, the latest the year to Mar 2026.
Ex-dateTypePer share
27 Jul 2026Final₹7.50
4 Aug 2025Final₹7.50
29 Jul 2024Final₹7.50
27 Jul 2023Final₹7.50
25 Jul 2022Final₹7.00
20 Jul 2021Final₹4.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Deepak Nitrite announcements

Deepak Nitrite share price by year

Each calendar year to 2025.Deepak Nitrite share price history

YearClose at year endChangeHighest closeLowest close
20251,731.70−30.6%2,515.201,522.70
20242,494.30+0.5%3,102.602,065.20
20232,481.20+25.0%2,481.201,757.40
20221,985.30−20.3%2,659.901,719.60
20212,490.20+164.4%2,925.90966.50
2020941.85+152.4%941.85324.00
2019373.10+68.7%379.30209.00
2018221.10−4.5%298.75208.05
2017231.50+151.6%235.1592.60
201692.00+25.1%130.3556.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20261,442.501,456.201,427.001,431.501,437.982,84,94449.4%
26 Oct 20261,447.401,484.001,427.801,442.501,448.311,70,04347.0%
23 Oct 20261,494.601,494.601,421.201,446.801,442.341,57,11647.6%
22 Oct 20261,507.201,513.001,479.101,487.401,492.931,34,16150.9%
21 Oct 20261,553.301,556.701,500.001,506.201,516.631,22,76354.4%
19 Oct 20261,598.501,598.501,542.001,550.601,565.5281,73160.0%
16 Oct 20261,604.901,615.201,591.201,598.501,604.8997,40848.2%
15 Oct 20261,647.001,667.801,593.501,599.601,632.231,70,31045.7%
14 Oct 20261,620.301,662.501,611.501,645.401,641.701,63,48640.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
20 Jun 2014Bonus0.5000Holders received 1 bonus share for every 1 held.
20 Jun 2014Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director
Deepak Chimanlal Mehta
At the end of the quarter to Sep 2026
NSE symbol
DEEPAKNTR
BSE code
506401
ISIN
INE288B01029
Industry
Chemicals & Petrochemicals
CIN
L24110GJ1970PLC001735
Corporate identity number, the registrar of companies' code for it
Incorporated
1970
Registered office
2nd Floor, Fermenter House, Atembic City, Atembic Avenue Road, Vadodara 390003, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments