Deepak Nitrite shares rise 2.05% in Wednesday's trading

Shares of Deepak Nitrite gained 2.05% in Wednesday's trading session, with the stock price reaching Rs 1,823.90. At 09:57 am, the stock showed positive movement compared to its previous close. Deepak Nitrite is included as one of the stocks in the Nifty Midcap 150 index.Deepak Nitrite FinancialsDeepak Nitrite's financial performance shows the following trends based on consolidated figures:Income Statement (Annual)

The company's annual revenue has shown growth over the past five years. The revenue increased by 7.81% from Rs 7,681.83 Crore in March 2024 to Rs 8,281.93 Crore in March 2025. However, net profit decreased by 13.99% from Rs 810.86 Crore in March 2024 to Rs 697.37 Crore in March 2025.

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021SalesRs 8,281 CroreRs 7,681 CroreRs 7,972 CroreRs 6,802 Crore

Rs 4,359 CroreOther IncomeRs 83 CroreRs 76 CroreRs 47 CroreRs 42 Crore

Rs 21 CroreTotal IncomeRs 8,365 CroreRs 7,757 CroreRs 8,019 CroreRs 6,844 Crore

Rs 4,381 CroreTotal ExpenditureRs 7,385 CroreRs 6,644 CroreRs 6,848 CroreRs 5,376 Crore

Rs 3,265 CroreEBITRs 980 CroreRs 1,113 CroreRs 1,170 CroreRs 1,468 Crore

Rs 1,115 CroreInterestRs 27 CroreRs 11 CroreRs 24 CroreRs 34 Crore

Rs 74 CroreTaxRs 255 CroreRs 290 CroreRs 293 CroreRs 367 Crore

Rs 265 CroreNet ProfitRs 697 CroreRs 810 CroreRs 852 CroreRs 1,066 Crore

Rs 775 Crore

Income Statement (Quarterly)

The quarterly revenue shows fluctuations. For the quarter-ending June 2025, the revenue stood at Rs 1,889 Crore, a decrease compared to Rs 2,179.69 Crore for the quarter-ending March 2025. The net profit for the quarter-ending June 2025 was Rs 112.25 Crore, down from Rs 202.50 Crore in the previous quarter.

Jun 2025Mar 2025Dec 2024Sep 2024

Jun 2024SalesRs 1,889 CroreRs 2,179 CroreRs 1,903 CroreRs 2,032 Crore

Rs 2,166 CroreOther IncomeRs 24 CroreRs 22 CroreRs 20 CroreRs 21 Crore

Rs 18 CroreTotal IncomeRs 1,914 CroreRs 2,202 CroreRs 1,924 CroreRs 2,053 Crore

Rs 2,185 CroreTotal ExpenditureRs 1,751 CroreRs 1,914 CroreRs 1,783 CroreRs 1,782 Crore

Rs 1,905 CroreEBITRs 162 CroreRs 288 CroreRs 141 CroreRs 270 Crore

Rs 280 CroreInterestRs 8 CroreRs 9 CroreRs 6 CroreRs 6 Crore

Rs 5 CroreTaxRs 42 CroreRs 76 CroreRs 37 CroreRs 69 Crore

Rs 72 CroreNet ProfitRs 112 CroreRs 202 CroreRs 98 CroreRs 194 Crore

Rs 202 Crore

Balance Sheet

The total assets of Deepak Nitrite have increased from Rs 6,096 Crore in March 2024 to Rs 7,717 Crore in March 2025.

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021Share CapitalRs 27 CroreRs 27 CroreRs 27 CroreRs 27 Crore

Rs 27 CroreReserves & SurplusRs 5,361 CroreRs 4,769 CroreRs 4,062 CroreRs 3,311 Crore

Rs 2,319 CroreCurrent LiabilitiesRs 922 CroreRs 785 CroreRs 793 CroreRs 746 Crore

Rs 553 CroreOther LiabilitiesRs 1,406 CroreRs 514 CroreRs 245 CroreRs 345 Crore

Rs 660 CroreTotal LiabilitiesRs 7,717 CroreRs 6,096 CroreRs 5,128 CroreRs 4,430 Crore

Rs 3,560 CroreFixed AssetsRs 4,103 CroreRs 3,066 CroreRs 2,242 CroreRs 2,085 Crore

Rs 2,084 CroreCurrent AssetsRs 3,297 CroreRs 2,841 CroreRs 2,739 CroreRs 2,284 Crore

Rs 1,452 CroreOther AssetsRs 316 CroreRs 188 CroreRs 147 CroreRs 60 Crore

Rs 23 CroreTotal AssetsRs 7,717 CroreRs 6,096 CroreRs 5,128 CroreRs 4,430 Crore

Rs 3,560 CroreContingent LiabilitiesRs 769 CroreRs 675 CroreRs 494 CroreRs 165 Crore

Rs 106 Crore

Cash Flow

Net cash flow decreased from Rs 200 Crore in March 2024 to -Rs 58 Crore in March 2025.

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021Operating ActivitiesRs 624 CroreRs 878 CroreRs 649 CroreRs 823 Crore

Rs 999 CroreInvesting ActivitiesRs -1,491 CroreRs -721 CroreRs -276 CroreRs -424 Crore

Rs -396 CroreFinancing ActivitiesRs 806 CroreRs 43 CroreRs -359 CroreRs -385 Crore

Rs -596 CroreOthersRs 1 CroreRs 0 CroreRs 0 CroreRs 0 Crore

Rs 0 CroreNet Cash FlowRs -58 CroreRs 200 CroreRs 14 CroreRs 13 Crore

Rs 6 Crore

Key Financial Ratios

Key financial ratios for Deepak Nitrite indicate a P/E ratio of 38.80 and a P/B ratio of 5.02 as of March 2025. The company reported a debt-to-equity ratio of 0.22 as of the year-ending March 2025.

Mar 2025Mar 2024Mar 2023Mar 2022

Mar 2021Basic EPS (Rs.)51.1259.4562.4678.20

56.88Diluted Eps (Rs.)51.1259.4562.4678.20

56.88Book Value [Excl. Reval Reserve]/Share (Rs.)395.06353.57299.85244.75

172.04Dividend/Share (Rs.)7.507.507.507.00

5.50Face Value2222

2Gross Profit Margin (%)14.1915.6116.7724.20

29.09Operating Margin (%)11.8313.4514.6821.58

25.59Net Profit Margin (%)8.4210.5510.6815.68

17.79Return on Networth / Equity (%)12.9316.9020.8331.95

33.06ROCE (%)14.4219.4627.0039.86

37.11Return On Assets (%)9.0313.3016.6124.07

21.79Current Ratio (X)3.573.623.453.06

2.62Quick Ratio (X)2.572.652.332.28

1.93Debt to Equity (x)0.220.050.010.09

0.25Interest Coverage Ratios (X)42.75101.3853.9548.36

17.10Asset Turnover Ratio (%)1.201.370.810.81

0.67Inventory Turnover Ratio (X)9.826.673.814.20

3.023 Yr CAGR Sales (%)10.3432.7437.2958.73

62.483 Yr CAGR Net Profit (%)-19.142.2318.08147.83

213.34P/E (x)38.8035.7529.5028.69

29.12P/B (x)5.026.036.149.17

9.63EV/EBITDA (x)23.6923.9418.8118.75

18.25P/S (x)3.273.773.154.50

5.18

Corporate Actions

Deepak Nitrite announced a final dividend of Rs 7.50 per share on May 28, 2025, with an effective date of August 4, 2025. Earlier, the company had announced a stock split on May 2, 2014, with the old face value of Rs 10 being split into a new face value of Rs 2. The ex-split date was June 20, 2014, and the record date was June 23, 2014.A Moneycontrol analysis as of September 16, 2025, indicated a bearish sentiment on the stock.