āagman

Not investment advice. Data and computed figures, for information only.

Deepak Nitrite Ltd

NSE: DEEPAKNTR
₹1,599.60
−₹45.80 (−2.78%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹22,122 Cr
CMP
₹1,599.60
52-wk High / Low
₹1,898 / 1,280
P/E
27.9
P/B
3.8
Book Value
₹428.0
Div Yield
0.46%
ROCE
11.0%
ROE
9.8%
Face Value
₹2
D/E
0.28

Price−10.6% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹623
√(22.5 × EPS × book value per share)
ROIC
7.4%
vs 7.5% sector median
Cash flow to profit
0.98
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+1,089
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.6%
ROE × earnings retention ratio
ROE stability
7.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.01FII +0.05DII +0.30
Latest quarter vs the previous one
Cash-accrual divergence
0.1%
of assets
Low = accruals track cash flow
Strengths
+Promoter holding rose by 0.2pp over the last year
+PE of 27.9x is below the sector median of 36.2x
Watch-outs
−Latest ROCE of 11% trails the sector median of 12%
−Borrowings are up 209.6% since FY2016 (529 to 1638)
−Price trades below its 200-day moving average (1.0x)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,7681,7782,0092,1262,1672,0321,9032,1801,8901,9021,9752,1202,578
Expenses1,5591,4761,7051,8251,8581,7341,7351,8631,7001,6981,7641,7442,037
Operating Profit210302305301309298169317190204211376540
OPM %11.9%17.0%15.2%14.2%14.3%14.7%8.9%14.5%10.1%10.7%10.7%17.7%20.9%
Other Income32171499192121232520−4714
Interest2334666988111923
Depreciation38394246474848515153586364
Profit before tax202277274349275264135279155163138301468
Net Profit15020520225420319498202112119100220345
EPS (₹)10.9915.0414.8118.6114.8514.247.1914.848.238.707.3216.1125.30

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3271,3731,3711,6512,7004,2304,3606,8027,9727,6828,2827,8878,575
Expenses1,1871,2041,2311,4472,2783,1943,1085,1966,6806,5557,1876,9007,243
Operating Profit1401691392044211,0351,2521,6071,2921,1271,0959871,331
OPM %10.6%12.3%10.1%12.4%15.6%24.5%28.7%23.6%16.2%14.7%13.2%12.5%15.5%
Other Income108071129204246156844436
Interest384037478711877362715314961
Depreciation3640485378140153178166166195225237
Profit before tax67891351112688061,0421,4341,1461,1029537571,070
Net Profit536396791746117761,067852811697551783
EPS (₹)5.065.397.375.7912.7344.8056.8878.2062.4759.4551.1240.3657.43

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital212326272727272727272727—
Reserves3254506898951,0441,5452,3193,3114,0634,7695,3615,810—
Borrowings5455297249871,1871,107590315732861,2671,638—
Other Liabilities2352953506846775386307799671,0121,0531,180—
Total Liabilities1,1251,2961,7892,5922,9353,2173,5674,4325,1296,0957,7088,654—
Fixed Assets5495945865881,7161,8321,8641,9631,9422,2932,4573,270—
CWIP4436349955341722201223017741,6491,828—
Investments3871183222189439379122511213—
Other Assets5305807361,0181,1831,2101,2931,9082,5082,9073,0913,343—
Total Assets1,1251,2961,7892,5922,9353,2173,5674,4325,1296,0957,7088,654—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10816749183607651,002824650874625539
Cash from Investing Activity−89−169−353−525−163−428−396−424−276−717−1,489−669
Cash from Financing Activity−22430534596−338−599−386−35944806193
Net Cash Flow−3214−6−171415200−5964

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—14.08.010.017.038.040.044.030.022.016.011.0
ROE %———————————9.8
EPS (₹)5.065.397.375.7912.7344.8056.8878.2062.4759.4551.1240.36
Book Value (₹)———————————428.0
Face Value (₹)———————————2
P/E———————————27.9
Div Yield %———————————0.46
NPM %4.04.66.64.86.414.317.715.610.610.38.36.9
OPM %11.012.010.012.016.024.029.024.016.015.013.013.0
D/E1.581.121.011.071.110.700.250.090.020.060.240.28
P/B———————————3.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+19.0%
5 years+13.0%
3 years+0.0%
TTM+7.0%
Compounded profit growth
10 years+24.0%
5 years−7.0%
3 years−13.0%
TTM+31.0%
Stock price CAGR
10 years+30.0%
5 years−11.0%
3 years−8.0%
Last year−9.0%
Return on equity
10 years20.0%
5 years18.0%
3 years13.0%
Last year10.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters46.52%46.52%44.65%44.85%45.69%45.69%45.72%49.13%49.13%49.28%49.33%49.34%
FIIs14.41%14.41%11.14%10.28%10.96%11.87%8.76%7.72%6.72%6.64%6.19%6.24%
DIIs11.59%11.59%13.81%15.53%16.19%11.64%10.03%15.06%19.27%23.22%23.46%23.76%
Government0.00%0.00%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public27.48%27.48%30.23%29.34%27.16%30.80%35.50%28.10%24.87%20.84%21.01%20.65%
No. of shareholders16,74416,74431,99237,50363,0561,90,9156,39,6906,49,0465,02,2504,09,9703,96,7983,82,905
Change since Jun 2023 (pp)
Promoters +2.82FIIs −8.17DIIs +12.17Public −6.83

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015Disclosure Under Regulation 30 Of SEBI LODR, Regulations, 2015Closure of Trading WindowDisclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPT

Corporate actions

As of 27 Jul 2026
27 Jul 2026DIVIDENDDividend - Rs 7.50 Per Share—
4 Aug 2025DIVIDENDDividend - Rs 7.50 Per Share—
29 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 7.50 Per Share—
27 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 7.50 Per Share—
25 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 7 Per Sh—
20 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 4.50 Per Share/ Special Dividend - Re 1 Per Share—
16 Mar 2020DIVIDEND Interim Dividend - Rs 4.50 Per Share—
19 Jun 2019DIVIDEND Annual General Meeting/Dividend - Rs 2 Per Share—
25 Jul 2018DIVIDEND Annual General Meeting/Dividend- Rs 1.30 Per Share—
15 Jun 2017DIVIDEND Annual General Meeting/Dividend - Rs 1.20/- Per Share —
28 Jul 2016DIVIDEND Annual General Meeting/Dividend - Rs 1.20/- Per Share—
30 Jul 2015DIVIDENDAnnual General Meeting/Dividend - Re 1/- Per Share—
31 Jul 2014DIVIDENDAnnual General Meeting /Dividend Re.1 Per Share—
20 Jun 2014SPLITBonus 1 : 1 / Face Value Split From Rs 10/- Each To Rs 2/- Each—
23 Jul 2013DIVIDENDAnnual General Meeting / Dividend - Rs 8/- Per Share—
24 Jul 2012DIVIDENDAnnual General Meeting And Dividend Rs.6/- Per Share—
26 Jul 2011DIVIDENDAnnual General Meeting And Dividend Rs.6/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman