Deepak Nitrite logo

Deepak Nitrite share price

NSE: DEEPAKNTRBSE: 506401Chemicals & PetrochemicalsSmall Cap

Last close ₹1,446.80down ₹40.60 (2.73%)BSE ₹1,447.20

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,487.40.

52-week range of traded prices to 23 Oct 2026
₹1,280.00Low, 30 Mar 2026₹1,897.90High, 12 May 2026
Market cap
₹19,733 Cr325th largest listed
P/E
25.2
P/B
3.4
Dividend yield
0.52%
ROE
14.0%
ROCE
14.8%
Debt to equity
0.26
Volume, NSE
1,57,11647.6% delivered

Share price

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

−18.1%over a year · Nifty Chemicals −9.9% · Nifty 500 −9.8%

ResultsDividend20-session average 1,74,561 shares a day, 49.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

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

Revenue by year

Peak revenue ₹8,282 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 13 FebMar 2025Filed 13 JunJun 2025Filed 13 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 15 MayJun 2026Filed 4 Aug
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.PE ratio and valuation history

Price to earnings

At or below today's level on 20% of 2,480 trading days over the last 10 years.

LowestHighest
Its median34.4Industry median24.5
Price to book

At or below today's level on 3% of 1,979 trading days since Oct 2018.

LowestHighest
Its median6.6Industry median2.5
EV to EBITDA15.8

At or below today's level on 27% of 1,979 trading days since Oct 2018.

LowestHighest
Its median20.0Industry median16.2
Dividend yield

At or below today's level on 70% of 2,442 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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.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.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
2
Added
15
Cut
32
Held unchanged
33
Sold out
1
Fund
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund40,79,2420.94%₹624.0 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund18,57,6220.35%₹284.2 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund16,37,9671.76%₹250.6 Cr
Franklin Templeton Mutual Fund logoFranklin India Mid Cap FundFranklin Templeton Mutual Fund11,00,1231.38%₹168.3 Cr
SBI Mutual Fund logoSBI Multi Asset Allocation FundSBI Mutual Fund10,00,0000.73%₹153.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund7,22,1940.59%₹110.5 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund6,49,4940.20%₹99.4 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund6,30,0000.70%₹96.4 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund5,60,0000.21%₹85.7 Cr
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund5,00,0000.19%₹76.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Specialty Chemicals, 130 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Deepak Nitrite in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Pidilite Industries logoPidilite IndustriesPIDILITIND1,51,52857.214.040.1+14.1%+21.4%25.7%30.3%0.77%
SRF logoSRFSRF68,47430.04.518.4+19.7%+41.1%16.0%15.1%0.43%
Gujarat Fluorochemicals logoGujarat FluorochemicalsFLUOROCHEM46,53475.75.935.2+9.5%−1.1%8.1%9.8%0.07%
Navin Fluorine International logoNavin Fluorine InternationalNAVINFLUOR39,34649.89.932.9+42.4%+122.7%23.9%20.7%0.20%
Aether Industries logoAether IndustriesAETHER18,750–7.650.0+33.8%––10.7%0.00%
Atul logoAtulATUL16,41720.62.613.9+15.8%+59.1%13.5%13.4%0.54%
Aarti Industries logoAarti IndustriesAARTIIND15,50929.22.614.8+27.1%+123.7%9.2%7.9%0.23%
Fine Organic Industries logoFine Organic IndustriesFINEORG15,48335.35.826.3+7.3%+5.7%17.7%17.6%0.22%
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.Dividend history and dates

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

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.Share news and 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
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%
13 Oct 20261,623.201,625.001,597.201,622.101,612.7689,48249.3%
12 Oct 20261,628.601,645.601,602.101,618.301,620.602,15,59944.6%
9 Oct 20261,585.001,634.001,585.001,621.901,614.853,71,53740.4%
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.

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.

Legal name
Deepak Nitrite Limited
NSE symbol
DEEPAKNTR
BSE code
506401
ISIN
INE288B01029
Industry
Chemicals & Petrochemicals
Listed
Oct 1971 on BSE, Sep 2010 on NSE
Face value
₹2
CIN
L24110GJ1970PLC001735
Corporate identity number, the registrar of companies' code for it