Deepak Nitrite

DEEPAKNTR

NSE

BSE

SectorChemicals

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Company insights, generated from the most recent coverage.

Maulik Mehta and Meghav Mehta elevated to Deputy Managing Directors — leadership transition may cause short-term institutional uncertainty despite strong long-term fundamentals.
Q1 FY27 revenue hit record ₹2,592 Cr (+35% YoY), but stock faces 'buy the rumour, sell the news' profit booking pressure post-results.
Stock trading below all major moving averages (EMA/SMA 20-200) with RSI at 29.47 and MACD negative — indicating sustained bearish technical structure despite oversold conditions.

The Quarter story

The two most recent quarterly results, compared side-by-side.

Deepak Nitrite posts record revenue and profits in Q1 FY27, marking a strong recovery after a mid-cycle slowdown.

Consolidated revenue grows from ₹1,914 Cr to ₹2,592 Cr from Q1 FY26 to Q1 FY27, reflecting sustained demand recovery.

Finance costs rise from ₹9 Cr to ₹23 Cr from Q4 2024-25 to Q1 FY27, indicating higher debt servicing obligations.

Consolidated EBITDA margin expands from 11% to 21% from Q1 FY26 to Q1 FY27, confirming strong cost optimization.

Other expenses increase from ₹135 Cr to ₹168 Cr from Q4 2024-25 to Q1 FY27, signaling rising operational overheads.

Phenolics segment EBIT surges from ₹118 Cr to ₹418 Cr from Q1 FY26 to Q1 FY27, driving overall profitability.

Depreciation and amortization grow from ₹51 Cr to ₹64 Cr from Q4 2024-25 to Q1 FY27, reflecting ongoing capacity expansion.

Consolidated PAT jumps from ₹100 Cr to ₹345 Cr from Q3 FY26 to Q1 FY27, highlighting robust earnings recovery.

About the company

Deepak Nitrite Limited is an Indian chemical manufacturing company that produces Advanced Intermediates and Phenolics. The company operates through Strategic Business Units including Basic Chemicals, Fine and Speciality Chemicals, and Performance Products. It has manufacturing facilities in Gujarat, Maharashtra, and Telangana, and exports to over 45 countries. The company's product portfolio includes sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, optical brightening agents, phenol, acetone, and isopropyl alcohol. These products cater to various industries such as colorants, rubber chemicals, explosives, dyes, pharmaceuticals, agrochemicals, and personal care. Deepak Nitrite has expanded its operations through acquisitions, capacity expansions, and the establishment of subsidiaries. The company has also undertaken significant projects, including the commissioning of a phenol and acetone plant through its subsidiary Deepak Phenolics Limited.

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