Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: 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:

Revenue projections for DEEPAKNTR
Revenue projections for DEEPAKNTR

Revenues for Deepak Nitrite Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 3.15700
forwardPE 26.70025
debtToEquity 22.41200
earningsGrowth -0.38800
revenueGrowth -0.06400
grossMargins 0.21699
operatingMargins 0.07941
trailingEps 38.93000
forwardEps 58.56125

DEEPAKNTR's current ratio of 3.157 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as DEEPAKNTR can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
DEEPAKNTR's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
DEEPAKNTR's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, DEEPAKNTR reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
DEEPAKNTR's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for DEEPAKNTR's future profitability.
DEEPAKNTR'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.
Deepak Nitrite Limited's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that Deepak Nitrite Limited is likely to outperform its previous year's financial performance.

Price projections:

Price projections for DEEPAKNTR
Price projections for DEEPAKNTR

Price projections for DEEPAKNTR have been steadily revised downward over time, indicating growing concerns about the company's future performance. This downward trend reflects reduced optimism among analysts regarding DEEPAKNTR's ability to meet previous expectations.

Insider Transactions:

Insider Transactions for DEEPAKNTR
Insider Transactions for DEEPAKNTR


DEEPAKNTR saw 5 buy transactions, with market price of 1690.2300048828124.No buy transactions were carried out during the period under review.Deepak Nitrite Limited's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.

Recommendation changes over time:

Recommendations trend for DEEPAKNTR
Recommendations trend for DEEPAKNTR


A recent buy bias from analysts toward DEEPAKNTR indicates strong confidence in the stock's future performance. This could encourage investors to park their money in DEEPAKNTR, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.