Deepak Nitrite Analyst Rating
based on 17 analysts
35.29%
Buy
29.41%
Hold
35.29%
Sell
Based on 17 analysts offering long term price targets for Deepak Nitrite. An average target of ₹2621.94
Source: S&P Global Market Intelligence
Deepak Nitrite Share analysis
Deepak Nitrite price forecast by 17 analysts
Upside of11.10%
High
₹3330
Target
₹2621.94
Low
₹1704
Deepak Nitrite target price ₹2621.94, a slight upside of 11.1% compared to current price of ₹2349.2. According to 17 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Deepak Nitrite revenue growth forecast
Expected growth rate Q1, FY2027:45.11%
Forecast
Actual
Including amortisation and stock based compensations
Deepak Nitrite EPS growth forecast
EPS estimate Q1, FY2027:63.15%
Forecast
Actual
Source: S&P Global Market Intelligence
Deepak Nitrite Performance
Day's Low
Day's High
₹2,344.05Day's Price Range₹2,40552 Week's Low
52 Week's High
₹539.2552-Week Price Range₹3,169
| Returns % | |
| 1 Month Return | -9.05 % |
| 3 Month Return | -15 % |
| 1 Year Return | + 5.05 % |
| Market Stats | |
| Previous Close | ₹2,360.00 |
| Open | ₹2,365.00 |
| Volume | 86.69K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹32,188.76Cr |
Deepak Nitrite Key Statistics
| P/E Ratio | 37.75 |
| PEG Ratio | 9.44 |
| Market Cap | ₹32,188.76 Cr |
| P/B Ratio | 9.79 |
| EPS | 59.45 |
| Dividend Yield | 0 |
| Sector | Chemicals |
| ROE | 12.66 |
Deepak Nitrite Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹32,188.76 Cr | 101.23% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹22,599.58 Cr | 4.09% | 0.53 | NA | NA | |
| BUY | ₹18,733.06 Cr | 49.93% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹19,814.15 Cr | 10.86% | 0.50 | ₹324 Cr | ₹4,725 Cr | |
| HOLD | ₹9,107.58 Cr | 48.59% | 0.51 | ₹201 Cr | ₹992 Cr |
Deepak Nitrite Mutual Fund Holdings
About Deepak Nitrite
Deepak Nitrite Ltd is well known for its top-quality products, which are widely used in a variety of industries such as pharmaceuticals, agrochemicals, paints and coatings, and polyurethanes. The company's popular brands include Deepak Nitrite, Deepak Polymers, and Deepak Resins. These products are used to manufacture dyes, pharmaceuticals, and other industrial chemicals.
Share Price: ₹2349.20 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹32,188.76Cr as of today
Revenue: ₹2,032.00Cr as on September 2024 (Q3 24)
Net Profit: ₹194.20Cr as on September 2024 (Q3 24)
Listing date: 13 Oct, 1995
Chairperson Name: D C Mehta
| Organisation | Deepak Nitrite |
| Headquarters | Pune |
| Industry | Chemicals |
| E-voting on shares | Click here to vote |
Key events for Deepak Nitrite Ltd
Deepak Nitrite Positioned for Growth with Target Price - 13 Jan, 2025
Deepak Nitrite is recommended as a buy with a target price of Rs 3,147, indicating a 30% upside. The company aims to enhance growth through forward and backward integration, capitalizing on the Make in India initiative.
Insights on Deepak Nitrite Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 11.43% to 12.28% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Solar Industries India Ltd has given 24.8% return, outperforming this stock by 28.9%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 297.3% return, outperforming this stock by 309.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.24% of holdings in Dec 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 6.69% to 6.60% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, DEEPAKNTR stock has moved down by -18.3%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 253.86 Cr → 194.19 Cr (in ₹), with an average decrease of 12.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 21.78% to 20.94% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 2.22K Cr → 2.05K Cr (in ₹), with an average decrease of 3.9% per quarter
Deepak Nitrite Financials
Index Inclusions
Deepak Nitrite Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 49.24% | 0.00 | |
| Foreign Institutions | 6.59% | ||
| Mutual Funds | 12.28% | 7.40 | |
| Retail Investors | 20.94% | ||
| Others | 10.95% | 0.78 |
Deepak Nitrite Key Indicators
Deepak Nitrite Valuation
Deepak Nitrite in the last 5 years
Lowest (8.33x)
March 23, 2020
Today (37.75x)
January 20, 2025
Industry (55.46x)
January 20, 2025
Highest (49.01x)
August 7, 2024
Deepak Nitrite Earnings and Dividends
Deepak Nitrite Ltd Earnings Results
Deepak Nitrite Ltd’s net profit fell -5.31% since last year same period to ₹194.19Cr in the Q2 2024-2025. On a quarterly growth basis, Deepak Nitrite Ltd has generated -4.12% fall in its net profits since last 3-months.
Read More about Earnings ResultsDeepak Nitrite Ltd Dividends May,2024
In the quarter ending March 2024, Deepak Nitrite Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.32%.
Read More about Dividends
Deepak Nitrite Technicals Summary
Bearish
Neutral
Bullish
Deepak Nitrite Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Deepak Nitrite Ltd
Deepak Nitrite Ltd share price today stands at ₹2349.2, Open. ₹2365 ; Previous Close. ₹2360 ; High. ₹2405 ; Low. ₹2344.05 ; 52 Week High. ₹3169 ; 52 Week Low: ₹539.25.
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Deepak Nitrite Ltd is listed on NSE
Deepak Nitrite Ltd is listed on BSE
- Today’s highest price of Deepak Nitrite Ltd is ₹2405.
- Today’s lowest price of Deepak Nitrite Ltd is ₹2344.05.
PE Ratio of Deepak Nitrite Ltd is 37.75
PE ratio = Deepak Nitrite Ltd Market price per share / Deepak Nitrite Ltd Earnings per share
Today’s traded volume of Deepak Nitrite Ltd(DEEPAKNTR) is 86.69K.
Today’s market capitalisation of Deepak Nitrite Ltd(DEEPAKNTR) is ₹32188.76Cr.
| Deepak Nitrite Ltd(DEEPAKNTR | Price |
|---|---|
52 Week High | ₹3169 |
52 Week Low | ₹539.25 |
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2349.2. It is down -25.87% from its 52 Week High price of ₹3169
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2349.2. It is up 335.64% from its 52 Week Low price of ₹539.25
| Deepak Nitrite Ltd(DEEPAKNTR | Returns |
|---|---|
1 Day Returns | -10.8% |
1 Month Returns | -9.05% |
3 Month Returns | -15% |
1 Year Returns | 5.05% |