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

DEEPAKNTR's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 3.573000
forwardPE 26.124231
debtToEquity 23.356000
earningsGrowth -0.203000
revenueGrowth 0.025000
grossMargins 0.245170
operatingMargins 0.121700
trailingEps 51.090000
forwardEps 0.000000

DEEPAKNTR's current ratio of 3.573 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring DEEPAKNTR is unlikely to face difficulties in meeting immediate financial obligations.
Deepak Nitrite Limited's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
Deepak Nitrite Limited's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving Deepak Nitrite Limited a stronger position in managing its financial obligations.
DEEPAKNTR's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for DEEPAKNTR to sustain its current profitability.
Deepak Nitrite Limited's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.

Price projections:

Price projections for DEEPAKNTR
Price projections for DEEPAKNTR

DEEPAKNTR's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.

Insider Transactions:

Insider Transactions for DEEPAKNTR
Insider Transactions for DEEPAKNTR


There were 1 DEEPAKNTR stock sales, with market price at 3076.35009765625.DEEPAKNTR had 3 buy transactions, with market price of 2101.0.More buys than sells near the current price levels of Deepak Nitrite Limited might signal a favorable outlook for the stock. Investors seem to be showing confidence by purchasing more, potentially expecting positive future performance.

Recommendation changes over time:

Recommendations trend for DEEPAKNTR
Recommendations trend for DEEPAKNTR


Deepak Nitrite Limited 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 Deepak Nitrite Limited as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.