Deepak Nitrite Limited

BSE:506401 Stock Report

Market Cap: ₹211.2b

Deepak Nitrite Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenure3.9yrs
Board average tenure4yrs

Recent management updates

Recent updates

Narrative Update Jun 24

506401: Upcoming Board Meeting Will Clarify Margins Dividend Outlook And Fair Positioning

Analysts have raised the price target for Deepak Nitrite slightly, from ₹1,776.50 to ₹1,790.47, reflecting updated assumptions on fair value, discount rate, profit margin, revenue growth and future P/E. What’s in the News for Deepak Nitrite Deepak Nitrite has scheduled a board meeting on May 15, 2026.
Narrative Update Jun 07

506401: Upcoming Results Meeting Will Test Higher Margin Outlook And Balanced Expectations

Analysts have lifted their price target on Deepak Nitrite from ₹1,695.17 to ₹1,776.50, citing updated assumptions that include a slightly lower discount rate, adjusted revenue growth expectations, a higher profit margin outlook, and a revised future P/E multiple. What's in the News A board meeting is scheduled for May 15, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update May 18

506401: Upcoming Results Meeting Will Confirm Margins And Support Measured Outlook

Analysts have slightly adjusted their price target on Deepak Nitrite to ₹1,695 from ₹1,704, reflecting updated views on revenue growth, profit margins and the P/E ratio they consider appropriate for the stock. What's in the News Board meeting scheduled on May 15, 2026, to review and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (company filing).
Narrative Update Apr 27

506401: Upcoming Results Meeting Will Clarify Margins And Support Balanced Outlook

Analysts have trimmed their price target for Deepak Nitrite slightly from about ₹1,722 to roughly ₹1,704, citing updated assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for Feb 12, 2026, to review and approve standalone and consolidated unaudited financial results for the quarter ended Dec 31, 2025, as well as for the nine-month period ended on the same date (company filing).
New Narrative Apr 24

Vertical Integration And Import Substitution Will Shape A Stronger Long Term Chemical Franchise

Catalysts About Deepak Nitrite Deepak Nitrite is a diversified Indian chemical manufacturer with businesses in phenolics and advanced intermediates serving multiple end markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 13

506401: Upcoming Results Meeting Will Support Confidence In Forward Earnings Outlook

Analysts have reduced their fair value estimate for Deepak Nitrite slightly, from ₹1,748.56 to ₹1,722.44, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations. What's in the News Board meeting scheduled on Feb 12, 2026 to consider and approve standalone and consolidated unaudited financial results for the quarter and nine month period ended Dec 31, 2025, which could provide fresh clarity on recent operating trends and profitability (company filing).
New Narrative Apr 09

Overcapacity And Capital Intensive Integration Will Squeeze Margins And Limit Future Earnings Potential

Catalysts About Deepak Nitrite Deepak Nitrite is a diversified Indian chemical manufacturer with businesses in phenolics and advanced intermediates serving multiple end markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 26

506401: Upcoming Board Meeting Will Reinforce Confidence In Forward Earnings Outlook

Analysts have slightly trimmed their fair value estimate for Deepak Nitrite to ₹1,748.56 from ₹1,758.28, reflecting small adjustments to revenue growth, profit margin expectations, discount rate, and future P/E assumptions. What's in the News The board meeting is scheduled for February 12, 2026, to review and approve standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Mar 11

506401: Upcoming Board Meeting Will Support Confidence In Future Earnings Outlook

Analysts have kept their fair value estimate for Deepak Nitrite broadly unchanged at about ₹1,758 per share, with small tweaks to inputs such as the discount rate and the assumed future P/E leading to only a marginal change in their price target rationale. What's in the News A board meeting is scheduled for Feb 12, 2026, to consider and approve standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company board filing).
Narrative Update Feb 25

506401: Upcoming Board Results Will Reinforce Confidence In Future Earnings Outlook

Analysts have trimmed their price target on Deepak Nitrite to around ₹1,758 from about ₹1,799, citing updated assumptions for revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for February 12, 2026 to review and approve standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Feb 09

506401: Steady Valuation And Upcoming Board Review Will Shape Earnings Outlook

Analysts have kept their fair value estimate for Deepak Nitrite steady at ₹1,798.56 per share, while modest tweaks to the discount rate and assumed future P/E suggest a refined but not materially altered view of the stock’s risk and earnings profile. What's in the News A board meeting is scheduled for Feb 12, 2026 to consider and approve the standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Jan 25

506401: Upcoming Board Review Will Reinforce Confidence In Steady Earnings Potential

Analysts now set their price target for Deepak Nitrite at about ₹1,799, a small cut of roughly ₹12 from the previous estimate. This reflects a slightly higher discount rate and marginally adjusted fair value and future P/E assumptions, while revenue growth and profit margin forecasts remain effectively unchanged.
Narrative Update Jan 10

506401: Upcoming Board Meeting Will Support Confidence In Resilient Profitability

Analysts have trimmed their fair value estimate for Deepak Nitrite from ₹1,843.53 to ₹1,810.28, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News A board meeting is scheduled for Nov 12, 2025, at 14:30 IST to review and approve the standalone and consolidated unaudited financial results for the quarter and half year ended Sep 30, 2025 (Key Developments).
Narrative Update Dec 17

506401: Upcoming Board Review Will Reinforce Confidence In Stable Margins

Analysts have modestly trimmed their price target on Deepak Nitrite by recalibrating the discount rate and long term valuation assumptions. This has resulted in a slightly lower fair value estimate in rupee terms, while growth and margin expectations remain broadly unchanged.
Narrative Update Dec 03

506401: Upcoming Board Review Will Highlight Stronger Margins And Revenue Outlook

Analysts have slightly trimmed their price target on Deepak Nitrite to Rs 1,843 from Rs 1,856, reflecting a marginally higher discount rate despite incrementally stronger assumptions for revenue growth and profit margins. What's in the News Board meeting scheduled for November 12, 2025, at 14:30 IST to review and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025 (company filing) Limited review report from Deloitte Haskins and Sells LLP to be considered in compliance with Regulation 33 of the listing regulations (company filing) Board will also deliberate on other business matters alongside the financial review agenda (company filing) Valuation Changes Fair Value Estimate has fallen slightly to ₹1,843.53 from ₹1,855.59, reflecting a modest downward revision in intrinsic value.
Narrative Update Nov 19

506401: Upcoming Board Review Will Address Key Financial Chart Points

Analysts have revised Deepak Nitrite's fair value estimate downward from ₹1,958.71 to ₹1,855.59. This change reflects updated assumptions about the company's future growth and market environment.
Narrative Update Aug 19

Upcoming Key Projects And Advanced Solvents Entry Will Strengthen Future Prospects

Despite a stronger revenue growth outlook, Deepak Nitrite's consensus price target was revised downward to ₹2013 primarily due to a decline in net profit margin. What's in the News Board meeting scheduled to approve Q1 FY26 standalone and consolidated unaudited financial results.
User avatar
New Narrative Dec 15

Critical Partnership With Trinseo And Polycarbonate Expansion Will Boost Earnings And Profitability

Strategic investments in polycarbonate resins and backward integration enhance profitability and revenue potential, reducing reliance on imports and controlling raw material costs.

CEO

Deepak Nitrite has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Deepak Mehta
Chairman & MD48.1yrs₹86.00m16.69%
₹ 35.2b
Somsekhar Nanda
CFO & Chief Risk Officer3.9yrs₹21.10mno data
Sanjay Upadhyay
Director of Finance3.9yrs₹59.70m0.0013%
₹ 2.7m
Maulik Mehta
Deputy MD & Executive Directorno data₹49.50m0.097%
₹ 204.9m
Girish Satarkar
President of BI & Executive Directorno data₹24.30m0.000010%
₹ 21.1k
Meghav Mehta
Deputy MD & Non-Executive Non-Independent Directorless than a year₹1.66m0.035%
₹ 73.8m
Jagdeep Vyas
Senior General Manager of Accounts & Taxationno datano datano data
Subash Dhar
Head of Technologyno datano datano data
K. Bahuguna
Chief Information Officerno datano datano data
Arvind Bajpai
Company Secretary & Compliance Officer12.2yrs₹7.60mno data
Subimat Mondal
Group Chief Human Resource Officer1.2yrsno datano data
Gandhasiri Rao
Head of Fine & Speciality Chemicalsno datano datano data
3.9yrs
Average Tenure
62yo
Average Age

Experienced Management: 506401's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Deepak Mehta
Chairman & MD48.1yrs₹86.00m16.69%
₹ 35.2b
Sanjay Upadhyay
Director of Finance9.3yrs₹59.70m0.0013%
₹ 2.7m
Maulik Mehta
Deputy MD & Executive Director10.2yrs₹49.50m0.097%
₹ 204.9m
Girish Satarkar
President of BI & Executive Director2.9yrs₹24.30m0.000010%
₹ 21.1k
Meghav Mehta
Deputy MD & Non-Executive Non-Independent Director4.2yrs₹1.66m0.035%
₹ 73.8m
Ajay Mehta
Non-Executive Director8.6yrs₹1.78mno data
Arvind Agrawal
Independent Director1.1yrsno datano data
Mahesh Chhabria
Independent Director1.1yrsno datano data
Dileep Choksi
Non-Executive Independent Director6.4yrs₹1.88mno data
Punit Lalbhai
Independent Director3.9yrs₹1.78mno data
Vipul Shah
Independent Director3.9yrs₹1.92mno data
Bhumika Batra
Independent Director1.1yrsno datano data
4.0yrs
Average Tenure
62yo
Average Age

Experienced Board: 506401's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 11:25
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Deepak Nitrite Limited is covered by 29 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Kumar Saumya SinghAmbit Capital
Nitin BhasinAmbit Capital