# Deepak Nitrite share price today (Deepak Nitrite Ltd, NSE: DEEPAKNTR)

> Deepak Nitrite share price today: ₹1,520.60 at the NSE close on 3 November 2026, down 12.0% in a year. Deepak Nitrite (NSE: DEEPAKNTR) is worth ₹20,746 crore, trades at a P/E of 19.4 and has closed between ₹1,345.80 and ₹1,875.90 over the past 52 weeks. > Deepak Nitrite Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. DEEPAKNTR · Chemicals - Inorganic · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/deepak-nitrite-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹1,520.60 (−12.0% in a year)
- P/E: 19.4× (lower than 81% of the last 11 years)
- Revenue (Sep 2026): ₹3,076 Cr (+61.7% on a year ago)
- Profit (Sep 2026): ₹398 Cr (+234.5% on a year ago)
- Operating margin: 20.0% (+9.0 points on a year ago)
- ROCE: 11%, FY26
- ROIC: 14.8%, against a 12.0% cost of capital: +2.8 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Deepak Nitrite share price today? Deepak Nitrite Ltd's share price was ₹1,520.60 at the close on 3 November 2026. It has been falling for 4 weeks. That is 8.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,346 and ₹1,876, and at that close it sat 33% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running. Over the last 11 years the share price moved +2,316% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Deepak Nitrite this quarter? Three changes stood out: highest quarterly profit in 16 quarters, operating margin up 9 points on a year earlier and foreign funds (FIIs) raised their stake for 3 quarters in a row. 1. Highest quarterly profit in 16 quarters Profit of ₹398 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Profit hit a record because the phenolics business had its best quarter, helped by disrupted imports and firm demand. Next results: check whether the company turns orders and new approvals into sales while keeping plant use high. From the earnings call on 30 Oct 2026. 2. Operating margin up 9 points on a year earlier 20% in the September 2026 quarter, from 11%. Why: Margins rose because the phenolics business ran its plants at high rates, got firm prices at home and bought inputs more efficiently. Next results: check whether phenolics margins hold as the company works through pricey propylene bought from unusual sources. From the earnings call on 30 Oct 2026. 3. Foreign funds (FIIs) raised their stake for 3 quarters in a row From 6.1% to 6.4% of the company by the September 2026 quarter. ## What are Deepak Nitrite's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Deepak Nitrite reported revenue of ₹3,076 crore, up 61.7% from ₹1,902 crore a year earlier, and a profit of ₹398 crore, up 234.5% from ₹119 crore. ### Deepak Nitrite results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹3,076 crore | ₹1,902 crore | +61.7% |
| Profit | ₹398 crore | ₹119 crore | +234.5% |
| Earnings per share | ₹29.16 | ₹8.70 | +235.2% |
| Operating margin | 20.0% | 11.0% | +9.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Deepak Nitrite's management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Deepak Nitrite share price history? Deepak Nitrite closed at ₹1,520.60 on 3 November 2026, down 12.0% from ₹1,728.40 a year earlier (31 October 2025) and down 33.7% over five years. Its highest weekly close since March 2016 was ₹3,095.95 on 2 August 2024. ### Deepak Nitrite share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,447.20 | +5.1% |
| 1 month ago · 1 Oct 2026 | ₹1,493.70 | +1.8% |
| 6 months ago · 30 Apr 2026 | ₹1,736.90 | −12.5% |
| 1 year ago · 31 Oct 2025 | ₹1,728.40 | −12.0% |
| 3 years ago · 3 Nov 2023 | ₹2,021.70 | −24.8% |
| 5 years ago · 4 Nov 2021 | ₹2,294.30 | −33.7% |
| 10 years ago · 4 Nov 2016 | ₹104.55 | +1,354.4% |
| Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹62.95 | +2,315.6% |
| Highest weekly close since March 2016 · 2 Aug 2024 | ₹3,095.95 | −50.9% |
| 52-week high (weekly close) · 8 May 2026 | ₹1,875.90 | −18.9% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹1,345.80 | +13.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Deepak Nitrite? 3 Nov 2026: Deepak Nitrite closed at ₹1,520.60, up 5.1% on the week and up 1.8% on the month. 30 Oct 2026: Deepak Nitrite held its results call for July to September 2026. Management guided: FY27 Advanced Intermediates EBIT ₹230-240 crore. ### Earlier

- Results for July to September 2026: Revenue up 61.7% and profit up 234.5% on a year earlier. - 27 Jul 2026: ex-date for a dividend of ₹7.50 a share. ## What dividend does Deepak Nitrite pay? Deepak Nitrite paid ₹7.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.49% at the ₹1,520.60 close on 3 November 2026. The last was a dividend of ₹7.50 a share, ex-date 27 July 2026. ### Deepak Nitrite dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 27 Jul 2026 | ₹7.50 | Dividend |
| 4 Aug 2025 | ₹7.50 | Dividend |
| 29 Jul 2024 | ₹7.50 | Dividend |
| 27 Jul 2023 | ₹7.50 | Dividend |
| 25 Jul 2022 | ₹7 | Dividend |
| 20 Jul 2021 | ₹5.50 | Dividend + Special |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Deepak Nitrite Ltd paid out 19% of its profit as dividends in FY26, and it paid a dividend in each of its last 12 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Deepak Nitrite management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, Deepak Nitrite's management guided: FY27 Advanced Intermediates EBIT ₹230-240 crore. > “I generally push back against this assumption because I believe that the distinguishing factor between something considered commodity and specialty is the degree of control one has over the consumption landscape, as well as the cost base.”
> Maulik Mehta, on the call for July to September 2026

### What management guided

- FY28 Advanced Intermediates EBIT ₹400-420 crore at 14-15% margin on formula pass-through. - Q3 Advanced Intermediates margin between Q1 and Q2 levels closer to Q1, Q4 better than Q3. - Solvent ramp to optimal utilization next year; Acetophenone to full capacity very soon in Q3. - Polycarbonate resin in FY29 on outsourced BPA; integrated propylene-to-resin close in FY30; optimized in FY31. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/853-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in Deepak Nitrite's next results? When Deepak Nitrite reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: AI margin shape versus flagged Q1-Q2 band with Q4 better than Q3 on accelerated orders and trial-volume conversion. - What to check (from the call)
- AI margin shape versus flagged Q1-Q2 band with Q4 better than Q3 on accelerated orders and trial-volume conversion. - MIBK and MIBC advance toward flagged optimal run with European froth and mining sales after registration. - Polycarbonate dismantling and Dahej build cadence with fresh compound approvals across electronics, mobility and defense. ## Which stock lists is Deepak Nitrite on? Deepak Nitrite is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 354](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Deepak Nitrite profitable? Deepak Nitrite Ltd earned ₹398 Cr of net profit in the Sep 2026 quarter, +234.5% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹551 Cr. Over 10 years profit has grown 24.2% a year on average. That is 12.9% of the quarter's revenue. The same quarter a year earlier earned ₹119 Cr. For the full year, FY26 profit was ₹551 Cr (−20.9% on the year before). Why profit moved: revenue changed +61.7% on a year earlier and the margin moved +9.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +113.3% and revenue +24.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Deepak Nitrite make, and is it growing? Deepak Nitrite Ltd reported ₹3,076 Cr of revenue in the Sep 2026 quarter, +61.7% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 19.1% a year on average. The last full year, FY26, came in at ₹7,887 Cr. The last four reported quarters add to ₹9,749 Cr. FY26 revenue was ₹7,887 Cr, −4.8% on the year before. Recent pace: the last four quarters grew +24.8% on average, against 19.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +23.8%, against +8.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +100.2%, against +11.6% a year (accelerating). ## How much of every ₹100 of sales does Deepak Nitrite keep? Deepak Nitrite Ltd's operating margin was 20.0% in the Sep 2026 quarter, 9.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between 10.0% and 29.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +9.6 percentage points on the year while gross margin changed +7.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Deepak Nitrite's profit turning into cash? Over the last 3 years, 99% of Deepak Nitrite Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹539 Cr of operating cash against ₹551 Cr of profit. After ₹1,217 Cr of spending on assets, free cash was −₹678 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 99% of profit came in as cash: the cash cycle got 36 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 5.9× depreciation over three years. The next section checks what that spending is building. ## Where does Deepak Nitrite's cash go? Deepak Nitrite Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 92 days in FY26, up from 56 days in FY21. It spent ₹3,441 Cr on assets over the last 3 years. Customers take 70 days to pay, and stock sits for 57 days on average. At FY26 sales of ₹7,887 Cr, each day of that cycle ties up about ₹21.6 Cr, so roughly ₹1,988 Cr is tied up in the business at any time. FY26: customers took 70 days to pay and stock sat for 57 days, about 1.9 months of sales sitting as stock, for a full cycle of 92 days, longer than FY21's 56. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 57 days. Customers pay about 70 days after that. Suppliers are paid at 35 days. Together that makes the 92-day cycle. Spending on assets: ₹3,441 Cr over the last 3 years, against ₹586 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1,828 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Deepak Nitrite's P/E ratio, and how does it compare with its own history? Deepak Nitrite Ltd's P/E is 19.4×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 32.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −21.0% while the price moved −12.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved −7.9% a year; about +0.1% a year came from earnings growth and about −8.0 percentage points from the multiple (the market paying less); over 10 years the price moved +30.7% a year; about +30.5% a year came from earnings growth and about +0.2 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Deepak Nitrite business getting better or worse? Deepak Nitrite Ltd's business is getting better. Profit growth hit its low 4 quarters ago at −29.9% and has recovered to +100.2%, with ROCE rising at 20.4%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Deepak Nitrite earn on its capital? Deepak Nitrite Ltd earned a ROCE of 11% in FY26. That is up from a low of 8% in FY17. Its return on capital used (ROIC) is 2.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.0% net margin and 0.91× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.0% net margin × 0.91× asset turnover × 1.48× leverage (assets divided by equity) ≈ 9.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 14.8% − 12.0% = +2.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 14.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 8.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Deepak Nitrite have too much debt? Deepak Nitrite Ltd has total debt of ₹1,762 Cr against shareholder equity of ₹6,521 Cr as of Sep 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.28 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Deepak Nitrite shareholding pattern? No group of Deepak Nitrite Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved +0.2 points over the same period, to 22.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.3 points over 8 quarters, to 6.4%; Domestic institutions: +0.2 points over 8 quarters, to 22.5%; Promoters: +0.1 points over 8 quarters, to 49.4%. ## How far is Deepak Nitrite from balance-sheet trouble? For Deepak Nitrite Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Deepak Nitrite rank in its industry? 70.0 out of 100, rank 1 of 9 in Chemicals - Inorganic, with 100% of the evidence available. Deepak Nitrite Ltd scores 70.0 out of 100 against the 9 companies it is compared with in Chemicals - Inorganic, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 32.7 + 12.4 + 15.6 + 9.3 = 70. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Deepak Nitrite compared with? Deepak Nitrite ranks 1 of 9 Chemicals - Inorganic companies on the 4-Factor Sector Score, with 70.0 out of 100. 1. Deepak Nitrite Ltd this page DEEPAKNTR · quiet · Most evidence points up · 100% evidence 70.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.7/35 · Revenue 23.8% · Profit 100% · Operating margin change 9 points · 100% evidence Capital efficiency 12.4/25 · ROCE 11.4% · Operating margin 20% · 100% evidence Valuation 15.6/20 · P/E 19.4× · PEG 0.89 · 100% evidence Relative strength 9.3/20 · Lead over its industry -6.1% · Lead over NIFTY 500 -1.7% · 1 year -12.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 32.7 + 12.4 + 15.6 + 9.3 = 70 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Indo Borax & Chemicals Ltd](https://www.sectoralpha.in/stocks/indo-borax-chemicals-ltd) INDOBORAX · leader · Evidence leans up · 96% evidence 59.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 28.9% · Profit 47.4% · Operating margin change 5 points · 88% evidence Capital efficiency 18.6/25 · ROCE 15.4% · Operating margin 28% · 100% evidence Valuation 4.4/20 · P/E 25.5× · PEG 1.77 · 100% evidence Relative strength 11.8/20 · Lead over its industry 19.3% · Lead over NIFTY 500 22.2% · 1 year 44% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.8 + 18.6 + 4.4 + 11.8 = 59.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Ganesh Benzoplast Ltd](https://www.sectoralpha.in/stocks/ganesh-benzoplast-ltd) GANESHBE · losing its lead · Evidence leans up · 74% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Revenue 13.1% · Profit 87.2% · Operating margin change -7 points · 88% evidence Capital efficiency 11.2/25 · ROCE 14.5% · Operating margin 23% · 100% evidence Valuation 16.1/20 · P/E 9.7× · PEG 0.25 · 65% evidence Relative strength 8.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -3.7% · 1 year 1.9% · 25% evidence · 9 of 12 weeks ahead Exact sum: 21.1 + 11.2 + 16.1 + 8.7 = 57.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Tanfac Industries Ltd](https://www.sectoralpha.in/stocks/tanfac-industries-ltd) TANFACIND · leader · Evidence leans up · 76% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Revenue 13.2% · Profit -29.2% · Operating margin change -1 points · 83% evidence Capital efficiency 16.5/25 · ROCE 23.9% · Operating margin 15% · 95% evidence Valuation 8.5/20 · P/E 112× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 44.2% · Lead over NIFTY 500 48.6% · 1 year 82.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 12 + 16.5 + 8.5 + 20 = 57 · What this means: Relative strength against the index is 48.6%, and revenue and profit growth are weak. 5. [J.G.Chemicals Ltd](https://www.sectoralpha.in/stocks/jgchemicals-ltd) JGCHEM · leader · Evidence leans up · 63% evidence 56.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 24% · Profit 16.4% · Operating margin change 2 points · 83% evidence Capital efficiency 15.5/25 · ROCE 17.7% · Operating margin 11% · 76% evidence Valuation 7.5/20 · P/E 29.3× · PEG n/a · 50% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 33.3% · 1 year 31.2% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.9 + 15.5 + 7.5 + 12 = 56.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Sree Rayalaseema Hi-Strength Hypo Ltd](https://www.sectoralpha.in/stocks/sree-rayalaseema-hi-strength-hypo-ltd) SRHHYPOLTD · breaking out · Evidence leans up · 81% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 7.6% · Profit 1.1% · Operating margin change -1 points · 88% evidence Capital efficiency 12.9/25 · ROCE 13.7% · Operating margin 14% · 100% evidence Valuation 12.9/20 · P/E 8.4× · PEG 1.29 · 100% evidence Relative strength 10.7/20 · Lead over its industry n/a · Lead over NIFTY 500 2.9% · 1 year -12.1% · 25% evidence · 8 of 12 weeks ahead Exact sum: 15.5 + 12.9 + 12.9 + 10.7 = 52 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [POCL Enterprises Ltd](https://www.sectoralpha.in/stocks/pocl-enterprises-ltd) POEL · Evidence leans down · 69% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.8/43.75 · Revenue 4.6% · Profit -2% · Operating margin change -3 points · 88% evidence Capital efficiency 19.8/31.25 · ROCE 26.6% · Operating margin 2.5% · 100% evidence Valuation 18.4/25 · P/E 12.2× · PEG 0.71 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 7.8 + 19.8 + 18.4 = 46 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 8. [Archean Chemical Industries Ltd](https://www.sectoralpha.in/stocks/archean-chemical-industries-ltd) ACI · quiet · Most evidence points down · 90% evidence 29.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.9/35 · Revenue 6% · Profit -43.3% · Operating margin change -3 points · 100% evidence Capital efficiency 9.6/25 · ROCE 7.4% · Operating margin 24% · 100% evidence Valuation 8.5/20 · P/E 54.7× · PEG n/a · 50% evidence Relative strength 4.8/20 · Lead over its industry -18.3% · Lead over NIFTY 500 -14% · 1 year -33.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 6.9 + 9.6 + 8.5 + 4.8 = 29.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Fischer Medical Ventures Ltd](https://www.sectoralpha.in/stocks/fischer-medical-ventures-ltd) FISCHER · quiet · Most evidence points down · 71% evidence 26.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.2/35 · Revenue 39.1% · Profit -80% · Operating margin change -269.5 points · 65% evidence Capital efficiency 1.8/25 · ROCE -1.6% · Operating margin -261.1% · 100% evidence Valuation 8.9/20 · P/E 58.4× · PEG n/a · 15% evidence Relative strength 1.7/20 · Lead over its industry -36.8% · Lead over NIFTY 500 -33.5% · 1 year -79% · 100% evidence · 2 of 12 weeks ahead Exact sum: 14.2 + 1.8 + 8.9 + 1.7 = 26.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Chemicals - Inorganic](https://www.sectoralpha.in/sectors/chemicals-inorganic), all 9 compared on one page. ## Which companies are close to Deepak Nitrite in size? Deepak Nitrite is the largest of 9 Chemicals - Inorganic companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Tanfac Industries, Archean Chemical Industries, J.G.Chemicals, Fischer Medical Ventures, Indo Borax & Chemicals and Sree Rayalaseema Hi-Strength Hypo. ### Chemicals - Inorganic companies close in size

1. Deepak Nitrite Ltd ₹20,724 crore
2. [Tanfac Industries Ltd](https://www.sectoralpha.in/stocks/tanfac-industries-ltd) ₹7,571 crore
3. [Archean Chemical Industries Ltd](https://www.sectoralpha.in/stocks/archean-chemical-industries-ltd) ₹5,460 crore
4. [J.G.Chemicals Ltd](https://www.sectoralpha.in/stocks/jgchemicals-ltd) ₹2,204 crore
5. [Fischer Medical Ventures Ltd](https://www.sectoralpha.in/stocks/fischer-medical-ventures-ltd) ₹1,732 crore
6. [Indo Borax & Chemicals Ltd](https://www.sectoralpha.in/stocks/indo-borax-chemicals-ltd) ₹1,248 crore
7. [Sree Rayalaseema Hi-Strength Hypo Ltd](https://www.sectoralpha.in/stocks/sree-rayalaseema-hi-strength-hypo-ltd) ₹833 crore

[All 9 Chemicals - Inorganic companies, largest first](https://www.sectoralpha.in/sectors/chemicals-inorganic#all-companies)

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3. Deepak Nitrite Ltd ₹20,724 crore
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## What else do people ask about Deepak Nitrite? ### What is Deepak Nitrite's share price today? Deepak Nitrite Ltd's share price is ₹1,520.60, −12.0% over the past year. The whole company is worth ₹20,746 Cr on the market. In the last 52 weeks it traded between ₹1,346 to ₹1,876; today it is 33% of the way up from the low, 8.3% below its 200-day average (as of 3 November 2026). ### What were Deepak Nitrite's latest quarterly results? Deepak Nitrite Ltd reported revenue of ₹3,076 Cr and net profit of ₹398 Cr for the Sep 2026 quarter. Revenue rose 61.7% and profit rose 234.5% compared with a year earlier. Earnings per share were ₹29.16. The operating margin was 20.0%, 9.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Deepak Nitrite's market cap? Deepak Nitrite Ltd's market capitalisation is ₹20,746 Cr at a share price of ₹1,520.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Deepak Nitrite performing? Deepak Nitrite Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 61.7% and profit rose 234.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Deepak Nitrite's share price go up? This page does not forecast Deepak Nitrite Ltd's share price. What it shows instead: the share price is ₹1,520.60, and it has been falling for 4 weeks. Its P/E of 19.4× is higher than 19% of its own last 11 years (as of 3 November 2026). ### Who owns Deepak Nitrite? Promoters own 49.4% of Deepak Nitrite Ltd, foreign institutions 6.4%, domestic institutions 22.5% and the public 21.7% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Deepak Nitrite have too much debt? No, Deepak Nitrite Ltd has little debt: its debt is 0.28× its equity, and its operating profit is 20 times its interest bill. FY26 borrowings were ₹1,638 Cr against equity of ₹5,837 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Deepak Nitrite in its business cycle? Deepak Nitrite Ltd's FY26 operating margin was 13.0%, against a 12-year range of 10.0% to 29.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Deepak Nitrite story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Deepak Nitrite a stock worth studying right now? What the numbers show: Deepak Nitrite Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Deepak Nitrite share price forecast for 2026? What management itself guided: FY27 Advanced Intermediates EBIT ₹230-240 crore. ## Lists

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