Deepak Nitrite Ltd.
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2108.55 +39.45 ▲1.9%

05 August 2021, 04:00:00 P.M.
Volume: 104,186

Overview View Details

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Website http://www.godeepak.com
Financial Indicators
Market Cap 28,759.15 Cr.
Earnings per share (EPS) 71.81 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 29.36 Trailing Twelve Months Ending 2021-06
Industry PE 46.88 Trailing Twelve Months Ending 2021-06
Book Value / Share 194.24 Trailing Twelve Months Ending 2021-06
Price to Book Value 10.86 Calculated using Price: 2,108.55
Dividend Yield 0.26 Period Ending 2021-03
No. of Shares Subscribed 13.64 Cr. 136,393,041 Shares
FaceValue 2
Company Profile

Deepak Nitrite began in 1970 with a vision to support the country’s drive towards self-sufficiency and import substitution. Ranked amongst Fortune Next 500 and 25 Top wealth creators by the prestigious Fortune India Magazine, Deepak Nitrite Limited (DNL) today is one of India's fastest-growing chemical intermediates companies with a diversified business of Basic Chemicals, Fine & Speciality and Performance Products. Further, it manufactures Phenol, Acetone & Iso-Propyl Alcohol through its wholly-owned subsidiary, Deepak Phenolics Limited.

Deepak Nitrite’s manufacturing facilities are located at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and Hyderabad in Telangana. Today, DNL caters to over hundreds of customers in many continents with various products.

Business area of the company

Deepak Nitrite manufactures chemical intermediates to serve the domestic and international market with high quality products made in a responsible and sustainable manner.

Diversified Product Portfolio

Basic Chemicals

  • Sodium Nitrite
  • Sodium Nitrate
  • Nitro Toluidines
  • Fuel Additives
  • Nitrosyl Sulphuric Acid

Fine & Speciality Chemicals

  • Xylidines
  • Oximes
  • Cumidines
  • Speciality
  • Agrochemicals

Performance Products

  • Optical Brightening Agent (OBA)
  • DASDA

Phenolics

  • Phenol
  • Acetone
  • Cumene
  • Isopropyl alcohol

Awards and recognitions

2016-17

  • The company was conferred with Corporate Social Responsibility Award 2015-16 in the category of Women Empowerment Private Sector Companies with turnover between Rs 201 Crores - Rs 3000 Crores by FICCI. Further, the Comprehensive Emergency Obstetric & Newborn Care (CEmONC) implemented in partnership with Govt. of Gujarat by Deepak Foundation under the CSR activities of the company has been awarded as the Best CSR project by Gujarat CSR authority for cohesive and strategic partnerships.

2017-18

  • FGI Recognition, 2018: Deepak Foundation was conferred with Certificate of Merit at the 15th Federation of Gujarat Industries (FGI) Awards for energetically engaging in CSR activities.
  • Millennium Alliance Award, 2017: Conferred with the Millennium Alliance Round-4 Innovations Award 2016-17 for community-owned initiatives to secure food security in tribal areas.
  • EHS Award: Deepak Nitrite Limited, Nandesari awarded by Gujarat Safety Council, Vadodara and DISH, Gujarat in two different categories for achieving Accident-free Man-hours. The plant has achieved 8.7 Million Safe Man-hours.
  • GCSRA Award, 2017: Best CSR project for Cohesive & Strategic Partnerships under the large companies category - for Comprehensive Emergency Obstetric and Newborn Care (CEmONC) unit at Jabugam, implemented with the CSR support of Deepak Nitrite Ltd and in partnership with the Gujarat Government.
  • ICC Award for Social Responsibility, 2017: Deepak Foundation conferred with the ICC Award For Social
    Responsibility by the Indian Chemicals Council for promoting women empowerment in tribal areas of Chhota Udepur district in Gujarat.
  • TATA group Recognition, 2018: Excellent Performance as Most Collaborative Partner, 2018 recognised by Rallis, A TATA Group Company.
  • FICCI Chemicals & Petrochemicals Award, 2017: Mr. Deepak C. Mehta, CMD, honoured for his ‘Distinguished Contribution to Indian Chemicals Industry’.
  • Gujarat’s Best Employer Brand Award: Honoured with “Gujarat Best Employer Brand Award” by World HRD Congress for using marketing communications effectively in attracting, retaining and developing talent and in retention policy.
  • ET NOW TV: channel felicitated Deepak Nitrite as “Super Achievers 2017 - Making New India”.

2018-19

  • Star of Baroda Award: Bhaskar Group, a well-known media house in the country, awarded Deepak Nitrite Limited, the Star of Baroda Award for being the most Responsible Chemical Company in the country.
  • Deepak Nitrite Limited makes to Fortune 500 exclusive club of Fortune India Magazine: Shri Maulik Mehta, Whole Time Director, DNL received felicitation of top 25 wealth creator under mid-size category on behalf of the comany from Shri Jayant Sinha, Hon. Union Minister of State for Civil Aviation and Shri Chaudhary Birendra Singh, Hon. Union Minister of Steel at Fortune 500 award ceremony.
  • National Best Employer Brands 2018: At an event held at Taj Lands End, Mumbai, the Global Employer Branding Institute and World HRD Congress conferred Deepak Nitrite Limited with National Best Employer Brands 2018.
  • Gujarat Brand Leadership Awards 2018: Deepak Foundation was felicitated with NGO Leadership Award at Gujarat Brand Leadership Awards 2018 for its valuable contribution towards the upliftment of the society. The award was conferred in presence of Dr. R.L. Bhatia, Founder of World CSR Day and World Sustainability Day at Radison Blu, Ahmedabad on September 27, 2018.
  • Shram Award by Government of Gujarat: Marking Deepak Nitrite’s unwavering commitment toward employee health and safety, the Government of Gujarat conferred Shri Jaydeep Patel from HAS Plant, Shram Award on February 17, 2019.

2019-20

  • India’s Top 500 Companies: Deepak Nitrite Limited has been ranked, recognized, and profiled in Dun & Bradstreet’s list of India’s Top 500 Companies for the year 2020 publication as one of the leading companies in the Chemicals Sector.
  • CFO100 Roll of Honour: Deepak Nitrite Limited’s Director- Finance and CFO, Sanjay Upadhyay honoured at 10th Annual CFO100 Roll of Honour. The CFO100 Programme annually recognises the top 100 senior finance professionals in India.
  • Transformance: Best innovation in digital communication: Deepak Nitrite Limited (DNL) was conferred with “Best Innovation in Digital Communication” by Transformance forums for its digital campaigns and social media initiatives.
  • Times Icon of Vadodara: Deepak Nitrite Limited (DNL) was conferred with Best Chemical Intermediates Company ‘Times Icon of Vadodara’ award by Times Internet Limited- a division of Times of India. Sanjay Upadhyay, Director - Finance & DFO from DNL received the award on behalf of the company. The award was presented by Femina Miss India World Suman Rao, the special guest at the event.
  • Roll of Honour- Dalal Street Journal: Deepak Nitrite Limited’s CFO- Mr. Sanjay Upadhyay recognized as ‘Best CFO under Chemicals in Mid-Cap 2020’.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.91%
1 Week
+11.04%
1 Month
+9.50%
3 Month
+10.58%
6 Month
+108.23%
1 Year
+228.87%
2 Year
+659.84%
5 Year
+2007.50%
9 years 2002-03 2003-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.70 16.26 25.83 15.39 16.25 9.65 17.42 46.23 39.60
Return on Capital Employed (%) 16.45 17.48 19.80 13.63 14.04 9.46 17.02 37.56 40.06
Return on Assets (%) 3.86 4.34 7.69 5.20 6.26 3.61 6.29 19.91 22.92

Balance Sheet View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 346 473 715 922 1,072 1,572 2,347
Non Curr. Liab. 293 223 265 621 973 888 660
Curr. Liab. 484 598 807 1,048 884 749 553
Minority Int.
Equity & Liab. 1,123 1,294 1,787 2,591 2,928 3,209 3,560
Non Curr. Assets 650 713 1,037 1,598 1,766 2,052 2,108
Curr. Assets 473 581 751 993 1,162 1,156 1,452
Misc. Exp. not W/O 0
Total Assets 1,123 1,294 1,787 2,591 2,928 3,209 3,560

Profit Loss View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,327 1,373 1,371 1,651 2,700 4,230 4,360
Other Income 5 2 13 12 18 36 27
Total Income 1,332 1,375 1,383 1,664 2,718 4,265 4,387
Total Expenditure -1,191 -1,207 -1,234 -1,453 -2,286 -3,201 -3,115
PBIDT 141 168 149 211 432 1,064 1,272
Interest -38 -40 -37 -47 -87 -118 -77
Depreciation -36 -40 -48 -53 -78 -140 -153
Taxation -14 -26 -38 -32 -94 -195 -266
Exceptional Items 70
PAT 53 63 96 79 174 611 776

Cash Flow View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 108 167 49 183 60 765 999
Cash Fr. Inv. -89 -169 -353 -525 -163 -428 -396
Cash Fr. Finan. -22 4 305 345 96 -338 -596
Net Change -3 2 1 4 -6 -1 7
Cash & Cash Eqvt 3 5 6 9 3 2 9

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 44.85 45.64 45.64 45.69 45.69 45.69 45.69 45.69 45.69
Public 55.15 54.36 54.36 54.31 54.31 54.31 54.31 54.31 54.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 Aug 2021
Schedule Of Q1 & FY2022 Earnings Conference Call
Schedule of Q1 & FY2022 Earnings Conference Call
Mon, 02 Aug 2021
Investor Communication - Q1 FY 2022
Investor Communication - Q1 FY 2022
Fri, 30 Jul 2021
Publications Of Unaudited Financial Results
Publications of Unaudited Financial Results

Technical Scans View Details

Thu, 05 Aug 2021
Close Crossing Last Week High Close Crossing Last Week High
Close Crossing Last Month High Close Crossing Last Month High
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High
S Close Above Last Month High

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