Deepak Nitrite Balance Sheet Health
Financial Health criteria checks 5/6
Deepak Nitrite has a total shareholder equity of ₹58.7B and total debt of ₹16.4B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are ₹86.8B and ₹28.1B respectively. Deepak Nitrite's EBIT is ₹11.1B making its interest coverage ratio 23.6. It has cash and short-term investments of ₹4.6B.
Key information
27.90%
Debt to equity ratio
₹16.38b
Debt
| Interest coverage ratio | 23.6x |
| Cash | ₹4.62b |
| Equity | ₹58.69b |
| Total liabilities | ₹28.11b |
| Total assets | ₹86.81b |
Recent financial health updates
These 4 Measures Indicate That Deepak Nitrite (NSE:DEEPAKNTR) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...These 4 Measures Indicate That Deepak Nitrite (NSE:DEEPAKNTR) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...These 4 Measures Indicate That Deepak Nitrite (NSE:DEEPAKNTR) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Deepak Nitrite (NSE:DEEPAKNTR) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is Deepak Nitrite (NSE:DEEPAKNTR) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Does Deepak Nitrite (NSE:DEEPAKNTR) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent updates
Financial Position Analysis
Short Term Liabilities: DEEPAKNTR's short term assets (₹30.7B) exceed its short term liabilities (₹12.8B).
Long Term Liabilities: DEEPAKNTR's short term assets (₹30.7B) exceed its long term liabilities (₹15.3B).
Debt to Equity History and Analysis
Debt Level: DEEPAKNTR's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: DEEPAKNTR's debt to equity ratio has increased from 25.1% to 27.9% over the past 5 years.
Debt Coverage: DEEPAKNTR's debt is well covered by operating cash flow (32.9%).
Interest Coverage: DEEPAKNTR's interest payments on its debt are well covered by EBIT (23.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/12 01:51 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
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
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 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 31 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 |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |
| Kumar Saumya Singh | Ambit Capital |