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

Deepak Nitrite Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 3.57300
forwardPE 24.05796
debtToEquity 23.35600
earningsGrowth -0.20300
revenueGrowth 0.02500
grossMargins 0.23559
operatingMargins 0.12599
trailingEps 51.10000
forwardEps 0.00000

DEEPAKNTR's current ratio, being 3.573, means the company is well-positioned to meet its short-term debt obligations. This reflects DEEPAKNTR's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
DEEPAKNTR's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Deepak Nitrite Limited's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, Deepak Nitrite Limited reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
Deepak Nitrite Limited's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
Deepak Nitrite Limited's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.

Price projections:

Price projections for DEEPAKNTR
Price projections for DEEPAKNTR

Deepak Nitrite Limited's price has consistently remained near the lower edge of projections, suggesting that it is not fully meeting market expectations. This could indicate a need for improved performance or strategies to boost investor confidence.

Insider Transactions:

Insider Transactions for DEEPAKNTR
Insider Transactions for DEEPAKNTR


DEEPAKNTR stock was sold in 1 transactions, with market price at 3076.35009765625.Deepak Nitrite Limited had 3 buy transactions, with market price at 2101.0 per share.No distinct trend emerges from insider transactions, leaving uncertainty about whether these actions indicate a positive or negative outlook for the company.

Recommendation changes over time:

Recommendations trend for DEEPAKNTR
Recommendations trend for DEEPAKNTR


Analysts' buy bias toward Deepak Nitrite Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Deepak Nitrite Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.