Deepak Nitrite

BSE: 506401 | NSE: DEEPAKNTR
Deepak Nitrite (CIN: L24110GJ1970PLC001735) operates in the Commodity Chemicals industry and has been listed in the stock market since 29th Oct 1971. It currents trades on NSE with symbol DEEPAKNTR and on BSE with scrip code 506401.
The registered office of the company is Aaditya-I, Chhani Road, ,Vadodara,Gujarat,390024.

The management team of Deepak Nitrite is led by Mr. Deepak C Mehta who is the Executive Director-Chairperson-MD. Other members of the management team consist of Mr. Maulik Mehta (Designation:Executive Director & Chief Executive Officer), Mr. Sanjay Upadhyay (Designation:Executive Director), Mr. Ajay C Mehta (Designation:Non-Executive - Non Independent Director), Mr. Sudhir Mankad (Designation:Non-Executive - Independent Director), Mr. Sandesh kumar Anand (Designation:Non-Executive - Independent Director), Mr. Richard H Rupp (Designation:Non-Executive - Independent Director), Mr. Swaminathan Sivaram (Designation:Non-Executive - Independent Director), Mr. Sanjay Asher (Designation:Non-Executive - Independent Director), Ms. Purvi Sheth (Designation:Non-Executive - Independent Director), Mr. Dileep Choksi (Designation:Non-Executive - Independent Director), Arvind Bajpai (Designation:Company Secretary & Compliance Officer), .

The price and other financial information of Deepak Nitrite is as below -

BSE 524.35 -7.55 (-1.42%)

BSE

524.35 -7.55 (-1.42%)
Volume: 99,074.00
M. Cap: 7,128.00
P/E: 13.10
Prev. Close: 531.90
Day
52 Wk

NSE 523.05 -8.25 (-1.55%)

NSE

523.05 -8.25 (-1.55%)
Volume: 7,88,352.00
M. Cap: 7,128.00
P/E: 13.10
Prev. Close: 531.30
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 6,23,19,968 45.69
Foreign Institutions 1,49,54,542 10.96
NBFC and Mutual Funds 2,08,03,669 15.25
Others 1,04,19,081 7.64
General Public 2,66,22,276 19.52
Financial Institutions 12,73,505 0.93
Total 13,63,93,041 99.99

NSE Trade Data

Trade Snapshot
VWAP 527.10
Face Value 2.00
Traded Volume (shares) 7,88,546.00
Traded Value (lacs) 4,156.43
Free Float Market Cap (Crs) 3,913.14
52 week high 567.70
52 week low 257.30
Lower Price Band 425.05
Upper Price Band 637.55
Security-wise Delivery Position
Quantity Traded 6,84,737.00
Deliverable Quantity (gross across client level) 2,63,694.00
% of Deliverable Quantity to Traded Quantity 38.51 %
Value at Risk (VaR in %)
Security VaR 22.21
Index VaR -
VAR Margin 22.21
Extreme Loss Rate 3.50
Adhoc Margin 14.29
Applicable Margin Rate 40.00

Financial Data

Consolidated
Figures in crore 2019 2018 2017
Net Sales 2,699.92 1,651.45 1,370.71
Operating Profit 432.32 210.88 219.14
Other Income 15.12 12.29 81.25
Interest 86.55 47.42 36.54
Depreciation 77.79 52.60 48.04
Profit Before Tax 267.98 110.86 134.56
Tax 94.32 31.84 38.24
Profit After Tax 173.66 79.02 96.32
Share Capital 27.28 27.28 26.14
Reserves 1,044.31 894.86 688.72
Net Worth 1,071.59 922.14 714.86
Loans 1,211.76 1,011.51 731.69
Gross Block 1,793.78 640.32 650.82
Investments 2.39 31.77 118.08
Cash 25.77 48.20 14.49
Debtors 574.96 411.77 360.33
Net Working Capital 531.25 359.81 393.34
Operating Profit Margin (%) 16.01 12.77 15.99
Net Profit Margin (%) 6.43 4.78 7.03
Earning Per Share (Rs) 12.73 5.79 7.37
Dividend (%) 100.00 65.00 60.00
Dividend Payout 17.73 15.69 13.95
Standalone
Figures in crore 2019 2018 2017
Net Sales 1,791.92 1,454.98 1,232.70
Operating Profit 310.17 215.91 228.79
Other Income 2.60 11.54 84.12
Interest 44.79 41.87 32.31
Depreciation 52.88 51.95 47.60
Profit Before Tax 212.50 122.09 148.88
Tax 74.46 38.63 38.24
Profit After Tax 138.04 83.46 110.64
Share Capital 27.28 27.28 26.14
Reserves 1,030.57 916.57 705.99
Net Worth 1,057.85 943.85 732.13
Loans 338.34 469.37 580.91
Gross Block 642.25 621.14 610.25
Investments 562.87 455.24 358.02
Cash 5.58 32.11 1.79
Debtors 344.45 369.21 315.45
Net Working Capital 215.03 352.53 346.35
Operating Profit Margin (%) 17.31 14.84 18.56
Net Profit Margin (%) 7.70 5.74 8.98
Earning Per Share (Rs) 10.12 6.12 8.46
Dividend (%) 100.00 65.00 60.00
Dividend Payout 17.73 15.69 13.95
Dividend Declared (₹)
The company has declared dividend 15 times between 11 Jul 2001 and 16 Mar 2020, totaling Rs. 51.00 so far. The most recent dividend was declared on 16 Mar 2020 for Rs. 4.5.
Bonus History
Date Ratio
20 Jun 2014 issue 1:1

Financial Data Graph

The peers of Deepak Nitrite are INDIAGLYCO, GUJALKALI and COSMOFILMS.

* The above data is collected from public sources and we do not guarantee the accuracy of the same.*

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