Deepak Nitrite Management
Management criteria checks 4/4
Deepak Nitrite's CEO is Maulik Mehta, appointed in Jun 2020, has a tenure of 5.5 years. total yearly compensation is ₹49.50M, comprised of 56% salary and 44% bonuses, including company stock and options. directly owns 0.097% of the company’s shares, worth ₹200.74M. The average tenure of the management team and the board of directors is 4.4 years and 3.5 years respectively.
Key information
Maulik Mehta
Chief executive officer
₹49.5m
Total compensation
| CEO salary percentage | 55.96% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.4yrs |
| Board average tenure | 3.5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | ₹5b |
| Jun 30 2025 | n/a | n/a | ₹6b |
| Mar 31 2025 | ₹50m | ₹28m | ₹7b |
| Dec 31 2024 | n/a | n/a | ₹7b |
| Sep 30 2024 | n/a | n/a | ₹9b |
| Jun 30 2024 | n/a | n/a | ₹9b |
| Mar 31 2024 | ₹42m | ₹24m | ₹8b |
| Dec 31 2023 | n/a | n/a | ₹8b |
| Sep 30 2023 | n/a | n/a | ₹8b |
| Jun 30 2023 | n/a | n/a | ₹8b |
| Mar 31 2023 | ₹38m | ₹20m | ₹9b |
| Dec 31 2022 | n/a | n/a | ₹9b |
| Sep 30 2022 | n/a | n/a | ₹9b |
| Jun 30 2022 | n/a | n/a | ₹10b |
| Mar 31 2022 | ₹33m | ₹19m | ₹11b |
| Dec 31 2021 | n/a | n/a | ₹11b |
| Sep 30 2021 | n/a | n/a | ₹11b |
| Jun 30 2021 | n/a | n/a | ₹10b |
| Mar 31 2021 | ₹26m | ₹15m | ₹8b |
| Dec 31 2020 | n/a | n/a | ₹7b |
| Sep 30 2020 | n/a | n/a | ₹6b |
| Jun 30 2020 | n/a | n/a | ₹6b |
| Mar 31 2020 | ₹15m | ₹9m | ₹6b |
| Dec 31 2019 | n/a | n/a | ₹5b |
| Sep 30 2019 | n/a | n/a | ₹4b |
| Jun 30 2019 | n/a | n/a | ₹3b |
| Mar 31 2019 | ₹17m | ₹7m | ₹2b |
Compensation vs Market: Maulik's total compensation ($USD546.48K) is about average for companies of similar size in the Indian market ($USD527.26K).
Compensation vs Earnings: Maulik's compensation has been consistent with company performance over the past year.
CEO
Maulik Mehta (42 yo)
Mr. Maulik Deepak Mehta is Non-Executive Independent Director of Asahi Songwon Colors Limited from November 11, 2025. Mr. Mehta is Independent Director of Transpek Industry Limited from August 09, 2024. Mr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 47.5yrs | ₹86.00m | 16.64% ₹ 34.5b | |
| CEO & Executive Director | 5.5yrs | ₹49.50m | 0.097% ₹ 200.7m | |
| CFO & Chief Risk Officer | 3.3yrs | ₹21.10m | no data | |
| Director of Finance | 3.3yrs | ₹59.70m | 0.0013% ₹ 2.6m | |
| President of BI & Executive Director | no data | ₹24.30m | 0.000010% ₹ 20.7k | |
| Senior General Manager of Accounts & Taxation | no data | no data | no data | |
| Head of Technology | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Company Secretary & Compliance Officer | 11.6yrs | ₹7.60m | no data | |
| Group Chief Human Resource Officer | less than a year | no data | no data | |
| Head of Fine & Speciality Chemicals | no data | no data | no data | |
| Business Head of Performance Product | no data | ₹8.40m | no data |
Experienced Management: 506401's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 47.5yrs | ₹86.00m | 16.64% ₹ 34.5b | |
| CEO & Executive Director | 9.6yrs | ₹49.50m | 0.097% ₹ 200.7m | |
| Director of Finance | 8.7yrs | ₹59.70m | 0.0013% ₹ 2.6m | |
| President of BI & Executive Director | 2.3yrs | ₹24.30m | 0.000010% ₹ 20.7k | |
| Non-Executive Director | 8yrs | ₹1.78m | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | 5.8yrs | ₹1.88m | no data | |
| Independent Director | 3.3yrs | ₹1.78m | no data | |
| Independent Director | 3.3yrs | ₹1.92m | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Non-Independent Director | 3.6yrs | ₹1.66m | 0.035% ₹ 72.3m |
Experienced Board: 506401's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/13 18:21 |
| End of Day Share Price | 2025/12/12 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 36 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kumar Saumya Singh | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |