More about Deepak Nitrite Limited
Fundamentals for Deepak Nitrite Limited
Regulatory Filings for Deepak Nitrite Limited
Defence Profits Reach Dharavi's Machinists
From COVID Debt to Green Despair: Industrial Discharge Is Destroying India’s Last Prawn Nurseries
The Hidden Cost of India's Electronics Assembly Push: A 40% E-Waste Surge and the Death of Affordable Repair
The Wedding Loan Trap: How India’s Microfinance Boom Turned Housewives Into Ghost Borrowers and Temple Brass Into EMI Cash
Fundamentals for Deepak Nitrite Limited
Business Operations:
Sector: Basic MaterialsIndustry: Chemicals
Deepak Nitrite Limited manufactures, trades and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments. The company offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brightening agent, DASDA, and benzotrifluoride for colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, and textiles industries. It provides cumene, phenol, acetone, isopropyl alcohol, and alpha methyl styrene for various applications including laminate and plywood, automotive, construction, pharmaceuticals, adhesives, sanitisers, rubber, chemicals, paints, etc. In addition, the company offers 2 MePPDA, 2,3-xylidine, 2,4-xylidine, 2,6-xylidine, 2-ethylhexyl nitrate, 3-NOX, 4-NOX; 2B, 4BBT, ABP, ABP X, and BMK deepwhite powders; 2BL, ABP, AS, BA, BHT HC, DSP, MST, SPF Z, SI, UBR, UP, and XBE deepwhite liquids; 4BB conc, 4BB conc T, DMA-X, DMA-X conc, and UFD slurry deepwhite products; IPA, MAHCL, mHBTF, MMDPA, MNT(3- nitrotoluene), MT(m-toluidine), ONT(2- nitrotoluene), OT(o-toluidine), PNT(4- nitrotoluene), and PT(p-toluidine); B+ (brown colour), FX (yellow colour), and GLP (yellow colour) protecto products; ortho and para cumidines; and TFMAP, as well as project engineering, procurement, construction, commissioning, management, and consultancy services. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.
Revenue projections:
DEEPAKNTR is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 33.602318 |
| debtToEquity | 22.412000 |
| earningsGrowth | 0.018000 |
| revenueGrowth | 0.038000 |
| grossMargins | 0.220250 |
| operatingMargins | 0.077650 |
| trailingEps | 39.080000 |
| forwardEps | 51.710720 |
DEEPAKNTR's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making DEEPAKNTR a financially resilient company with lower exposure to debt-related pressures.
Deepak Nitrite Limited's negative gross and operating margins highlight that the company is incurring losses, unable to generate profit from production or operations. This could be a sign of rising costs or declining revenues, impacting its financial outlook.
With a forward EPS greater than its trailing EPS, DEEPAKNTR is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
DEEPAKNTR's price projections have been revised downward gradually, indicating that analysts are tempering their expectations. This downward shift suggests a more cautious outlook on the company's growth prospects.
Insider Transactions:
6 separate transactions to buy DEEPAKNTR were completed, while market price hovered around 1622.991678873698.No buy transactions occurred in the period under review.DEEPAKNTR's current price levels are marked by increased selling, which could indicate further price drops. If this selling trend persists, the stock may continue to decline as investor confidence weakens.
Recommendation changes over time:
DEEPAKNTR has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view DEEPAKNTR as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
From Lifesaving Drugs to Sick Units: The Hidden Energy Crisis Inside India’s Pharma Clusters
From Price Pressures to Profit Power: The MSME Playbook Redefining India’s Economy
₹90 Crore Bet Signals a Massive Shift in India’s Rural Economy