Deepak Nitrite Limited

NSEI:DEEPAKNTR Stock Report

Market Cap: ₹370.9b

Deepak Nitrite Valuation

Is DEEPAKNTR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DEEPAKNTR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DEEPAKNTR (₹2706) is trading above our estimate of fair value (₹1451.78)

Significantly Below Fair Value: DEEPAKNTR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DEEPAKNTR?

Key metric: As DEEPAKNTR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DEEPAKNTR. This is calculated by dividing DEEPAKNTR's market cap by their current earnings.
What is DEEPAKNTR's PE Ratio?
PE Ratio43.3x
Earnings₹8.53b
Market Cap₹370.85b

Price to Earnings Ratio vs Peers

How does DEEPAKNTR's PE Ratio compare to its peers?

The above table shows the PE ratio for DEEPAKNTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.7x
CARBORUNIV Carborundum Universal
57x17.6%₹270.7b
509480 Berger Paints India
49.8x10.3%₹570.2b
500165 Kansai Nerolac Paints
35.6x11.6%₹221.9b
SUPREMEIND Supreme Industries
52.6x17.2%₹574.2b
DEEPAKNTR Deepak Nitrite
43.3x16.6%₹369.0b

Price-To-Earnings vs Peers: DEEPAKNTR is good value based on its Price-To-Earnings Ratio (43.3x) compared to the peer average (48.7x).

Price to Earnings Ratio vs Industry

How does DEEPAKNTR's PE Ratio compare vs other companies in the IN Chemicals Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$69.82m
UNIVPHOTO Universus Photo Imagings
5xn/aUS$49.34m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.40m
526143 MPL Plastics
1.8xn/aUS$1.93m
DEEPAKNTR 43.3xIndustry Avg. 32.4xNo. of Companies34PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DEEPAKNTR is expensive based on its Price-To-Earnings Ratio (43.3x) compared to the Indian Chemicals industry average (32.4x).

Price to Earnings Ratio vs Fair Ratio

What is DEEPAKNTR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DEEPAKNTR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.3x
Fair PE Ratio31.7x

Price-To-Earnings vs Fair Ratio: DEEPAKNTR is expensive based on its Price-To-Earnings Ratio (43.3x) compared to the estimated Fair Price-To-Earnings Ratio (31.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DEEPAKNTR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,706.00
₹2,664.44
-1.5%
16.3%₹3,330.00₹1,656.00n/a16
Nov ’25₹2,646.25
₹2,845.13
+7.5%
15.8%₹3,444.00₹1,625.00n/a16
Oct ’25₹2,956.90
₹2,852.63
-3.5%
15.6%₹3,444.00₹1,625.00n/a16
Sep ’25₹2,911.05
₹2,847.20
-2.2%
15.5%₹3,444.00₹1,625.00n/a15
Aug ’25₹3,088.90
₹2,534.80
-17.9%
14.0%₹3,100.00₹1,497.00n/a15
Jul ’25₹2,616.00
₹2,472.13
-5.5%
12.9%₹2,957.00₹1,497.00n/a15
Jun ’25₹2,191.30
₹2,472.13
+12.8%
12.9%₹2,957.00₹1,497.00n/a15
May ’25₹2,430.55
₹2,279.80
-6.2%
14.9%₹2,655.00₹1,497.00n/a15
Apr ’25₹2,142.30
₹2,290.25
+6.9%
14.7%₹2,655.00₹1,448.00n/a16
Mar ’25₹2,221.25
₹2,276.27
+2.5%
15.0%₹2,655.00₹1,448.00n/a15
Feb ’25₹2,250.50
₹2,270.07
+0.9%
11.3%₹2,600.00₹1,625.00n/a14
Jan ’25₹2,473.90
₹2,213.54
-10.5%
10.2%₹2,520.00₹1,625.00n/a13
Dec ’24₹2,214.20
₹2,212.50
-0.08%
10.4%₹2,520.00₹1,558.00n/a14
Nov ’24₹1,960.05
₹2,198.71
+12.2%
11.5%₹2,535.00₹1,558.00₹2,646.2514
Oct ’24₹2,120.45
₹2,115.79
-0.2%
14.3%₹2,535.00₹1,460.00₹2,956.9014
Sep ’24₹2,226.05
₹2,103.29
-5.5%
13.8%₹2,426.00₹1,460.00₹2,911.0514
Aug ’24₹2,045.70
₹2,183.75
+6.7%
14.9%₹2,650.00₹1,460.00₹3,088.9012
Jul ’24₹2,173.75
₹2,168.67
-0.2%
16.5%₹2,650.00₹1,460.00₹2,616.0012
Jun ’24₹2,075.80
₹2,171.67
+4.6%
16.3%₹2,650.00₹1,460.00₹2,191.3012
May ’24₹1,888.20
₹2,169.67
+14.9%
18.2%₹2,845.00₹1,460.00₹2,430.5512
Apr ’24₹1,842.60
₹2,176.64
+18.1%
19.0%₹2,845.00₹1,460.00₹2,142.3011
Mar ’24₹1,845.75
₹2,179.25
+18.1%
17.4%₹2,845.00₹1,514.00₹2,221.2512
Feb ’24₹1,846.35
₹2,240.45
+21.3%
17.1%₹2,845.00₹1,514.00₹2,250.5011
Jan ’24₹1,985.30
₹2,284.00
+15.0%
18.8%₹2,845.00₹1,514.00₹2,473.9010
Dec ’23₹2,165.60
₹2,326.50
+7.4%
21.0%₹3,011.00₹1,514.00₹2,214.2010
Nov ’23₹2,325.45
₹2,371.44
+2.0%
23.7%₹3,127.00₹1,514.00₹1,960.059

Analyst Forecast: Target price is lower than the current share price.

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