Analyst Rating
based on 15 analysts
40.00%
Buy
26.67%
Hold
33.33%
Sell
Based on 15 analysts offering long term price targets for Deepak Nitrite Ltd. An average target of ₹2869.73
Source: S&P Global Market Intelligence
Deepak Nitrite Ltd Share analysis
Deepak Nitrite Ltd price forecast by 15 analysts
Downside of
High
₹3444
Target
₹2869.73
Low
₹1625
Deepak Nitrite Ltd target price ₹2869.73, a slight downside of -3.35% compared to current price of ₹2919.3. According to 15 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Deepak Nitrite Ltd revenue growth forecast
Expected growth rate Q1, FY2026:29.71%
Forecast
Actual
Including amortisation and stock based compensations
Deepak Nitrite Ltd EPS growth forecast
EPS estimate Q1, FY2026:49.99%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,913.2₹2,98852 Week's Low
52 Week's High
₹1,921.85₹3,169
| Returns % | |
| 1 Month Return | -1.54 % |
| 3 Month Return | + 28.2 % |
| 1 Year Return | + 26.74 % |
| Market Stats | |
| Previous Close | ₹2,969.20 |
| Open | ₹2,987.90 |
| Volume | 1.30L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹40,497.82Cr |
Key Statistics
| P/E Ratio | 46.9 |
| PEG Ratio | 6.65 |
| Market Cap | ₹40,497.82 Cr |
| P/B Ratio | 9.79 |
| EPS | 59.45 |
| Dividend Yield | 0 |
| Sector | Chemicals |
| ROE | 12.66 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹40,497.82 Cr | 193.07% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹29,170.56 Cr | 20.79% | 0.53 | NA | NA | |
| HOLD | ₹16,687.70 Cr | 72.39% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| HOLD | ₹23,551.34 Cr | 23.42% | 0.50 | ₹324 Cr | ₹4,725 Cr | |
| HOLD | ₹11,716.42 Cr | 125.28% | 0.51 | ₹201 Cr | ₹992 Cr |
Company Information
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: ₹2919.30 per share as on 11 Sep, 2024 04:01 PM
Market Capitalisation: ₹40,497.82Cr as of today
Revenue: ₹2,166.84Cr as on June 2024 (Q2 24)
Net Profit: ₹202.53Cr as on June 2024 (Q2 24)
Listing date: 13 Oct, 1995
Chairperson Name: D C Mehta
| Organisation | Deepak Nitrite Ltd |
| Headquarters | Pune |
| Industry | Chemicals |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 11 Sep
08:09 AM
-Neutral call on Deepak Nitrite; target set at Rs 3,060 amid integration projects and cost reduction strategies.
Key events for Deepak Nitrite Ltd
Deepak Nitrite Target Set Amid Integration Projects - 11 Sep, 2024
Deepak Nitrite is receiving attention with a neutral call and a target of Rs 3,060. The company is investing in integration projects and focusing on cost reduction to ensure a steady supply of raw materials.
Morgan Stanley Upgrades Deepak Nitrite Target Price - 04 Sep, 2024
Morgan Stanley has chosen Deepak Nitrite as a top pick, raising its target price to Rs 3,295 after the company reported strong profit and revenue growth.
Brokerage Optimistic on Deepak Nitrite Shares - 29 Aug, 2024
A brokerage has recommended buying Deepak Nitrite shares in the range of Rs 2,820-2,885, projecting a potential rise to Rs 3,275, with a Stop Loss at Rs 2,668.
Deepak Nitrite Faces Margin Pressure Amid Market Glut - 22 Aug, 2024
Prabhudas Lilladher maintains a REDUCE rating on Deepak Nitrite, citing margin pressures due to market gluts in phenol and polycarbonate. The target price is set at Rs 2,717, with an expected EPS CAGR of 7% from FY24-26E.
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 IMPACTPromoter Holding Up
Promoters have increased holdings from 49.13% to 49.24% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, DEEPAKNTR stock has moved up by 28.2%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 9.00% to 10.44% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 6.72% to 6.86% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Solar Industries India Ltd has given 131.4% return, outperforming this stock by 104.7%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 498.9% return, outperforming this stock by 476.6%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 24.87% to 22.69% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 253.86 Cr → 202.54 Cr (in ₹), with an average decrease of 20.2% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.22K Cr → 2.18K Cr (in ₹), with an average decrease of 1.8% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 49.24% | 0.22 | |
| Foreign Institutions | 6.86% | 2.00 | |
| Mutual Funds | 10.44% | 15.97 | |
| Retail Investors | 22.69% | ||
| Others | 10.77% | 4.87 |
Key Indicators
Deepak Nitrite Ltd Valuation
Deepak Nitrite Ltd in the last 5 years
Lowest (8.33x)
March 23, 2020
Today (46.90x)
September 10, 2024
Industry (56.94x)
September 10, 2024
Highest (49.01x)
August 7, 2024
Earnings and Dividends
Deepak Nitrite Ltd Earnings Results
Deepak Nitrite Ltd’s net profit jumped 35.12% since last year same period to ₹202.54Cr in the Q1 2024-2025. On a quarterly growth basis, Deepak Nitrite Ltd has generated -20.22% 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 0.25%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Deepak Nitrite Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Deepak Nitrite Ltd (DEEPAKNTR) share price today is ₹2919.3
Deepak Nitrite Ltd is listed on NSE
Deepak Nitrite Ltd is listed on BSE
- Today’s highest price of Deepak Nitrite Ltd is ₹2988.
- Today’s lowest price of Deepak Nitrite Ltd is ₹2913.2.
PE Ratio of Deepak Nitrite Ltd is 46.9
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 1.30L.
Today’s market capitalisation of Deepak Nitrite Ltd(DEEPAKNTR) is ₹40497.82Cr.
| Deepak Nitrite Ltd(DEEPAKNTR | Price |
|---|---|
52 Week High | ₹3169 |
52 Week Low | ₹1921.85 |
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2919.3. It is down -7.88% from its 52 Week High price of ₹3169
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2919.3. It is up 51.90% from its 52 Week Low price of ₹1921.85
| Deepak Nitrite Ltd(DEEPAKNTR | Returns |
|---|---|
1 Day Returns | -49.9% |
1 Month Returns | -1.54% |
3 Month Returns | 28.2% |
1 Year Returns | 26.74% |