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India
As of 18 Sept 2026, 03:30 pm
On August 25, 2026, Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite, received a Settlement Order from the Settlement Officer in Ahmedabad, Gujarat, for a violation of Rule 102 of the Gujarat Factories Rules, 1963. The company settled this violation by paying ₹3,00,000 on the same date. Deepak Nitrite has stated that this settlement will not have a material financial impact beyond the amount paid.
On August 26, 2026, Deepak Chem Tech Limited (DCTL) issued and allotted ₹175 Crores of 9% Optionally Convertible Redeemable Preference Shares. Of this amount, ₹80 Crores was allotted to its parent company, Deepak Nitrite Limited, and ₹95 Crores to Deepak Phenolics Limited, a wholly-owned subsidiary. This allotment was made at par value to strengthen DCTL's capital for project expenses and general corporate purposes. Deepak Nitrite Limited continues to hold 100% of DCTL's equity share capital.
As of September 18, 2026, Deepak Nitrite's stock has shown varied returns across different periods. It experienced a return of 12% over the last six months. However, it has seen negative returns over other recent periods, including -1% in the last day, -10% in the last month, -4% in the last three months, and -7% year-to-date. Over the longer term, the stock has returned -8% in the last ten days and -13% in the last year.
Based on daily technical indicators as of September 18, 2026, the trend for Deepak Nitrite is considered bearish, with the Supertrend indicator at 1723.14. However, the weekly trend is indicated as bullish, with the Supertrend at 1473.92. Daily moving averages (EMA 20 and SMA 20) are below the closing price of ₹1586.3, suggesting downward pressure, while the weekly EMA 20 is also above the closing price.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Downward price movement of 2.52 standard deviations recorded on 2026-08-12.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹2,577.60 crore | ₹2,120.33 crore | ₹1,974.97 crore | ₹1,901.89 crore | ₹1,889.88 crore |
| Expenses | PEAK₹2,123.98 crore | ₹1,825.84 crore | ₹1,832.66 crore | ₹1,758.81 crore | ₹1,759.70 crore |
| Profit Before Tax | PEAK₹467.63 crore | ₹301.35 crore | ₹137.97 crore | ₹163.03 crore | ₹154.74 crore |
| Tax Expense | PEAK₹122.62 crore | ₹81.52 crore | ₹38.15 crore | ₹44.28 crore | ₹42.49 crore |
| Profit Loss For Period | PEAK₹345.01 crore | ₹219.83 crore | ₹99.82 crore | ₹118.75 crore | ₹112.25 crore |
| Finance Costs | PEAK₹22.91 crore | ₹18.91 crore | ₹11.04 crore | ₹7.94 crore | ₹8.13 crore |
Deepak Nitrite reported a notable increase in revenue during the first quarter of FY2026-27, with profit before tax more than doubling year-on-year as revenue expanded faster than total expenses.
Deepak Nitrite delivered a quarter of revenue growth alongside a widening of profit margins, as earnings expanded at a faster pace than operating costs. Finance costs continued to rise but remain a minor portion of total expenses. A major downstream expansion plan was announced for future phases, leaving immediate financial performance focused on the current quarter's results.
Exchange disclosures and regulatory announcements for Deepak Nitrite.
On 25 August 2026, the Settlement Officer, Chief Inspector cum facilitator for factories, Ahmedabad, Gujarat State, issued a Settlement Order against Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite Limited, for a violation of Rule 102 of the Gujarat Factories Rules, 1963. The company settled the violation by paying ₹3,00,000 on 25 August 2026 under Section 114 of the Occupational Safety, Health and working Condition Code, 2020. Deepak Nitrite stated there will be no material financial impact from this settlement.
On August 26, 2026, Deepak Chem Tech Limited (DCTL) issued and allotted 9% Optionally Convertible Redeemable Preference Shares aggregating ₹175 Crores to its parent company Deepak Nitrite Limited (₹80 Crores) and wholly-owned subsidiary Deepak Phenolics Limited (₹95 Crores). The allotment was executed at par value of ₹100 per share on an arms-length basis to strengthen DCTL's capital base for project expenses and general corporate purposes. Following this transaction, Deepak Nitrite Limited continues to hold 100% of DCTL's equity share capital while maintaining indirect 100% control over the preference share capital alongside Deepak Phenolics Limited.
Deepak Nitrite Limited's wholly owned subsidiary, Deepak Chem Tech Limited, received a Settlement Order dated 25th August 2026 from the Settlement Officer, Chief Inspector cum facilitator for factories, Ahmedabad, Gujarat State, for a violation of Rule 102 of the Gujarat Factories Rules, 1963 under the Occupational Safety, Health and Working Condition Code, 2020. The subsidiary settled the violation by paying ₹3,00,000 on 25th August 2026, and the company stated there will be no material financial impact beyond this amount.
DEEPAK NITRITE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
Mr. Puneet Sharma resigned as SBU Head - Life Sciences of Deepak Nitrite Limited, effective from the close of business on 21st August 2026, to pursue an opportunity outside the organization.
Deepak Nitrite Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
Deepak Nitrite Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
Deepak Nitrite Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
Recent market and company developments associated with Deepak Nitrite.
India Business News: Stock market recommendations: NLC India, Deepak Nitrite, and Hindustan Copper have been picked as the top stocks to buy today on September 2, 2026 by .
Deepak Nitrite, Motilal Oswal, Recommendations, Sell
Q1 Results LIVE Updates: Three Nifty 50 companies, SBI, Hindalco and Titan, as well as Kaynes Tech, BEML, Aarti Pharmalabs, Azad Engineering, Godrej Consumer, JK Tyre, Jubilant Pharmova, Maharashtra Seamless, Lemon Tree Hotels, Oil India, PFC, ABB India, Poly Medicure, Ramco Cements, Prism Johnson, Raymond, Raymond Realty, Ratnamani Metals & Tubes, among other companies are reporting their earnings today. Earnings reactions come from LIC, Hero MotoCorp, PG Electroplast, Britannia, Sonata Software and other companies. Watch this space for all the LIVE result updates for Q1.
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Comprehensive Section Breakdown for Deepak Nitrite
Strategic Vision: Indian chemical manufacturer producing diverse intermediates for various industries.
• Expertise in critical chemical processes like hydrogenation, nitration, and oxidation.
• Commitment to innovation and research with numerous patent applications.
• Adherence to responsible chemistry principles, evidenced by Responsible Care certification.
Revenue from operations reached ₹2,577.60 crore, up 21.57% from the preceding quarter and 36.39% higher than the same quarter last year. This marks an acceleration from the sequential growth rates observed over the prior three quarters, which were 0.6%, 3.8%, and 7.4%.
Profit before tax rose to ₹467.63 crore, a 55.18% sequential increase and a 202.2% year-on-year jump. The faster growth in profit compared to revenue reflects a widening of profitability margins.
Total expenses reached ₹2,123.98 crore, rising 16.33% sequentially and 20.7% year-on-year. Because revenue growth outpaced expense growth, the profit before tax margin widened to 18.1% from 14.2% in the prior quarter and 8.2% a year earlier.
Cost of materials consumed was the largest expense at ₹1,581.32 crore, accounting for 74.5% of total expenses. Other recorded expenses included employee benefits (₹118.29 crore), depreciation and amortisation (₹63.66 crore), purchases of stock-in-trade (₹60.88 crore), and finance costs (₹22.91 crore). A decrease in inventory values reduced total expenses by ₹14.01 crore, while net unallocable income offset ₹5.80 crore in other expenditures.
Finance costs increased to ₹22.91 crore, up 21.15% from the previous quarter and 181.8% from the same quarter last year. Despite the rise, finance costs represented approximately 1.1% of total expenses.
Tax expense for the quarter was ₹122.62 crore, increasing 50.42% sequentially and 188.59% year-on-year. The effective tax rate stood at 26.2%, slightly lower than 27.1% in the prior quarter and 27.5% a year ago. Net profit for the period came to ₹345.01 crore, up 56.94% sequentially and 207.36% year-on-year, with the net profit margin reaching 13.4% compared to 10.4% and 5.9% in the comparable periods.
Management disclosed that wholly owned subsidiary Deepak Chem Tech has approved a Bisphenol A project with a capacity of up to 240,000 tonnes per annum and an estimated investment of ₹2,500 crore. Combined with previously approved polycarbonate and phenol/acetone facilities, this establishes an integrated manufacturing chain from cumene to phenol, acetone, BPA, and polycarbonate resin. The initiative targets both captive supply for polycarbonate production and the broader Indian market for epoxy resins. These developments are long-term in scope and do not affect the current quarter’s financial results.
Deepak Nitrite announced a major strategic expansion through its wholly owned subsidiary, Deepak Chem Tech, which has approved a Bisphenol A (BPA) project with capacity of up to 240 KTA and an investment of approximately ₹2,500 crore. This project, combined with previously approved polycarbonate and phenol/acetone plants, creates a highly integrated manufacturing platform spanning the value chain from Cumene to Phenol & Acetone, BPA, and Polycarbonate resin. Management said the BPA facility will meet captive requirements for polycarbonate production and also serve the growing Indian market for BPA used in epoxy resins. The company reported its Q1 FY2026 financial results, but no specific outlook or guidance was provided beyond the strategic expansion.
Category: Manufacturing
Manufactures a broad spectrum of chemical intermediates for domestic and international markets, catering to sectors like dyes, agrochemicals, pharmaceuticals, and personal care.
Category: Manufacturing
Specializes in the production of Phenol, Acetone, and Isopropyl Alcohol (IPA) for industries including laminates, pharmaceuticals, and sanitizers.
Category: Manufacturing
Includes Deepak Chem Tech and Deepak Advanced Materials Limited as part of its business structure.
Core Thesis: The company operates through specialized divisions, each focusing on distinct chemical production areas to serve diverse industrial needs.
• Integrated Manufacturing: Operates integrated manufacturing facilities, such as the one in Dahej for Deepak Phenolics, to ensure efficient production of key chemicals. • Diverse Product Portfolio: Offers a wide range of over 100 international quality products catering to various sectors including dyes, agrochemicals, pharmaceuticals, and personal care. • Global Reach: Maintains a significant global footprint by exporting products to over 50 countries across six continents.