Deepak Nitrite Ltd

NSE :DEEPAKNTR   BSE :506401  Sector : Chemicals
Buy, Sell or Hold DEEPAKNTR? Ask The Analyst

BSE


prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE


prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

02 May
2479.75
(2.02%)
30 Apr
2430.55
(-0.54%)
29 Apr
2443.85
(-1.34%)
26 Apr
2477.05
(2.24%)
25 Apr
2422.80
(0.98%)
24 Apr
2399.30
(1.19%)
23 Apr
2371.20
(3.01%)
22 Apr
2301.85
(1.32%)
19 Apr
2271.85
(-1.45%)
18 Apr
2305.25
(-0.72%)
16 Apr
2321.90
(1.00%)
15 Apr
2298.90
(-0.77%)
12 Apr
2316.70
(0.85%)
10 Apr
2297.10
(4.79%)
09 Apr
2192.00
(-0.67%)
08 Apr
2206.80
(-0.59%)
05 Apr
2219.90
(0.25%)
04 Apr
2214.45
(1.41%)
03 Apr
2183.60
(-0.88%)
02 Apr
2202.95
(2.83%)
01 Apr
2142.30
(0.79%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Very Bullish

Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

2449.98


10 DMA
Bullish

2388.55


20 DMA
Bullish

2316.7


50 DMA
Bullish

2243.56


100 DMA
Bullish

2282.95


200 DMA
Bullish

2190.86



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 02, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 2596.2 2547.75 2502.42 - -
R2 2547.75 2516.25 2494.87 2551.36 -
R1 2513.75 2496.8 2487.31 2520.97 2530.75
P 2465.3 2465.3 2465.3 2468.91 2473.8
S1 2431.3 2433.8 2472.19 2438.52 2448.3
S2 2382.85 2414.35 2464.63 2386.46 -
S3 2348.85 2382.85 2457.08 - -

Key Metrics

EPS

30.67

P/E

80.81

P/B

12.22

Dividend Yield

0.3%

Market Cap

33,822 Cr.

Face Value

2

Book Value

202.74

ROE

22.94%

EBITDA Growth

317.21 Cr.

Debt/Equity

0.05

Shareholding Pattern

  49.13% Total Promoter Holding
9% Mutual Fund Holdings
6.72% FIIs
24.87% Non Institution
9.42% Insurance Companies
0% Custodians
0.86% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Deepak Nitrite Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 2004.42 1973.93 1800.21 1795.1 2022.79
PROFIT 209.05 233.86 149.9 205.08 202.05
EPS 15.33 17.15 10.99 15.04 14.81

Deepak Nitrite Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 829.46 810.38 718.61 759.95 685.02
PROFIT 113.16 100.57 85.82 157.42 74.51
EPS 8.3 7.37 6.29 11.54 5.46

Profit & Loss (Figures in Rs. Crores)


Deepak Nitrite Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 1317.7 1381.22 1477.87 1653.03 2868.63 4239.32 4391.28 6941.4 8210.75
PROFIT 52.97 63.77 46.5 82.78 176.13 615.58 776.57 1062.59 843.34
EPS 4.87 5.16 7.37 5.79 12.73 44.8 56.88 78.2 62.46

Deepak Nitrite Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 1306.34 1317.68 1343.8 1316.39 1462.63 1846.19 2233.94 1830.04 2667.34 3190.61
PROFIT 39.47 53.51 66.2 54.28 84.69 140.54 548.4 354.93 481.98 460.35
EPS 3.5 4.91 5.36 8.46 6.12 10.12 39.89 26.01 35.65 34.41

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 27.2827.2827.2827.2827.2827.2826.1423.2620.91
Reserves Total 4,062.683,311.162,319.371,544.631,044.31894.86688.72449.61325.31
Total Shareholders Funds4,089.963,338.442,346.651,571.911,071.59922.14714.86472.87346.22
Secured Loans 54.48300.68577.54968.151,133.13785.6423.21452.73483.05
Unsecured Loans 18.3814.3512.2138.6953.38200.94300.6876.0861.47
Total Debt72.86315.03589.741,106.841,186.51986.54723.89528.81544.52
Other Liabilities29.9721.8617.5615.2525.2424.977.87.727.93
Total Liabilities4,192.793,675.332,953.952,6942,283.341,933.651,446.551,009.4898.67
APPLICATION OF FUNDS :
Gross Block 2,707.172,566.852,292.531,971.71,793.8640.32650.82899.03817.38
Less: Accumulated Depreciation765.56603.42428.79139.7277.9752.7664.88301.31268.66
Less: Impairment of Assets00000003.980
Net Block1,941.611,963.431,863.741,831.981,715.83587.56585.94593.74548.72
Capital Work in Progress300.83122.23220.44172.2733.87954.51349.1935.9143.97
Investments 379.35439.02189.292.382.3931.77118.0886.62.98
Inventories 893.97586.35389.04402.43418.22327.16168.85123.11107.3
Sundry Debtors 1,309.521,129.06756.3612.72574.96411.77360.33313.19310.99
Cash and Bank Balance39.9541.7933.4331.425.7748.214.496.493.06
Loans and Advances 119.6692.5592.97117.68150.26178.0794.2656.6754.14
Total Current Assets2,363.11,849.751,271.741,164.231,169.21965.2637.94499.46475.49
Current Liabilities 764.96622.17486.57421.99555.62607.97297.75207.85163.82
Provisions 15.2711.8918.3220.9418.855.285.822.3516.58
Total Current Liabilities & Provisions780.23634.06504.89442.93574.47613.25303.55230.2180.4
Net Current Assets1,582.871,215.69766.85721.3594.74351.95334.39269.26295.09
Deferred Tax Assets24.2312.8420.331.332.3836.6531.495.434.4
Deferred Tax Liability180.7135.71128.11110.91109.8482.0570.5762.0850.72
Net Deferred Tax-156.47-122.87-107.81-79.61-77.46-45.4-39.08-56.65-46.32
Other Assets144.657.8321.4445.6813.9753.2698.0480.5354.22
Total Assets4,192.793,675.332,953.952,6942,283.341,933.651,446.561,009.4898.66
Contingent Liabilities77.1726.824.1328.9238.0664.4341.9444.9141.96
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 27.2827.2827.2827.2827.2827.2826.1423.2620.9110.45
Reserves Total 2,597.782,228.721,817.471,464.051,030.56916.57705.99452.63325.92297.07
Total Shareholders Funds2,625.062,2561,844.751,491.331,057.84943.85732.13475.89346.83307.52
Secured Loans 013.99084.25293.78287.25399.92439.12483.05451.09
Unsecured Loans 10.6810.017.89134.5233.84174.29173.6256.0861.4757.32
Total Debt10.68247.89218.77327.62461.54573.54495.2544.52508.41
Other Liabilities26.3719.0315.6813.2910.737.847.377.597.936.63
Total Liabilities2,662.112,299.031,868.321,723.391,396.191,413.231,313.04978.68899.28822.56
APPLICATION OF FUNDS :
Gross Block 1,120.41995.891,031.03798.07642.25621.14610.25898.32817.38698.77
Less : Accumulated Depreciation 392.08322.09255.1277.9452.8851.9542.28305.19268.66237.49
Net Block 728.33673.8775.91720.13589.37569.19567.97593.13548.72461.28
Capital Work in Progress77.0383.3368.7689.8828.9236.2340.7314.2937.9871.1
Investments 1,056.83909688.6562.86562.87455.24358.02132.9617.173.12
Inventories 448.53340.28216.05241.02240189.92142.35122.95107.3134.43
Sundry Debtors 597.02550353.74365.97344.45369.21315.45296.34310.99292.24
Cash and Bank Balance17.949.044.433.735.5832.111.793.882.746.44
Loans and Advances 95.4860.3357.5856.851.38133.9911656.7459.5867.3
Total Current Assets1,158.97959.65631.8667.52641.41725.23575.58479.91480.61500.41
Current Liabilities 317.36282.45242.66265.16346.16332.08201.64203.13163.63185.98
Provisions 14.7111.2717.920.4916.294.755.7322.3216.5817.71
Total Current Liabilities & Provisions332.07293.72260.56285.65362.45336.82207.37225.46180.21203.7
Net Current Assets826.9665.93371.24381.87278.96388.41368.21254.46300.4296.71
Deferred Tax Assets16.021212.8715.1713.8729.8531.495.434.44.54
Deferred Tax Liability72.3463.2460.8160.5890.4682.0570.5762.0850.7239.31
Net Deferred Tax-56.32-51.24-47.94-45.41-76.59-52.2-39.08-56.65-46.32-34.77
Other Assets29.3418.2111.7514.0612.6616.3417.2140.4941.3125.12
Total Assets2,662.112,299.031,868.321,723.391,396.191,413.221,313.05978.68899.27822.56
Contingent Liabilities77.1726.824.1327.7738.0648.6141.9444.9141.9636.79

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...1,145.88
Depreciation166.3
Interest (Net)27.65
P/L on Sales of Assets1.15
P/L on Sales of Invest-22.26
Prov. and W/O (Net)-2.24
P/L in Forex1.99
Total Adjustments (PBT and Ext...172.59
Operating Profit before Workin...1,318.47
Trade and 0ther Receivables-193.65
Inventories-306.77
Trade Payables162.96
Total Adjustments (OP before W...-408.53
Cash Generated from/(used in) ...909.94
Direct Taxes Paid-260.02
Total Adjustments(Cash Generat...-260.02
Cash Flow before Extraordinary...649.92
Net Cash from Operating Activi...649.92
Purchased of Fixed Assets-360.85
Sale of Fixed Assets0.93
Sale of Investments82.15
Interest Received2.24
Net Cash used in Investing Act...-276.05
Proceed from Deposits17.33
Of the Long Tem Borrowings-215.75
Of the Short Term Borrowings-36.53
Of Financial Liabilities-3.36
Dividend Paid-95.48
Interest Paid-25.29
Net Cash used in Financing Act...-359.08
Net Profit before Tax and Extr...609.84
Depreciation76.16
Interest (Net)1.02
Dividend Received61.6
P/L on Sales of Assets1.05
Prov. and W/O (Net)-1.8
P/L in Forex1.11
Others-0.01
Total Adjustments (PBT and Ext...-5.91
Operating Profit before Workin...603.93
Trade and 0ther Receivables-49.73
Inventories-104.77
Trade Payables29.56
Total Adjustments (OP before W...-155.19
Cash Generated from/(used in) ...448.74
Direct Taxes Paid-138.73
Total Adjustments(Cash Generat...-138.73
Cash Flow before Extraordinary...310.01
Net Cash from Operating Activi...310.01
Purchased of Fixed Assets-125.71
Sale of Fixed Assets0.86
Sale of Investments89.75
Interest Received0.53
Loans to Subsidiaires-215.5
Net Cash used in Investing Act...-188.47
Of the Short Term Borrowings-13.99
Of Financial Liabilities-1.78
Dividend Paid-95.48
Interest Paid-1.57
Net Cash used in Financing Act...-112.83

Company Details

Registered Office
AddressAaditya-I,
Chhani Road
CityVadodara
StateGujarat
Pin Code390024
Tel. No.91-265-2765200/3960200
Fax. No.91-265-2765344
Emailinvestor@godeepak.com
Internethttp://www.godeepak.com
Registrars
AddressAaditya-I
CityVadodara
StateGujarat
Pin Code390024
Tel. No.91-265-2765200/3960200
Fax. No.91-265-2765344
Emailinvestor@godeepak.com
Internethttp://www.godeepak.com
Management
Name Designation
C K MehtaChairman Emeritus
D C MehtaChairman & Managing Director
Richard H RuppNon-Exec. & Independent Dir.
Sudhir MankadNon-Exec. & Independent Dir.
D Swaminathan SivaramNon-Exec. & Independent Dir.
Arvind BajpaiCompany Sec. & Compli. Officer
Maulik D MehtaExecutive Director & CEO
Sanjay UpadhyayDirector (Finance) & CFO
Sanjay AsherNon-Exec. & Independent Dir.
Purvi ShethNon-Exec. & Independent Dir.
Ajay C MehtaNon-Exec & Non-Independent Dir
Dileep ChoksiNon-Exec. & Independent Dir.
MEGHAV DEEPAK MEHTADirector
Girish SatarkarWhole-time Director