# Deepak Nitrite (DEEPAKNTR) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/deepakntr

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,535
- Change: -0.58%
- As of: 2026-11-06
- 1D return: -0.58%
- 5D return: +1.03%
- 1M return: -3.10%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

DEEPAKNTR (₹1,535.00) is trading in a multi-timeframe downtrend, positioned near the middle of its recent ranges but significantly below key long-term averages. The daily structure shows price above the 20-period EMA but below the 50-period SMA, 200-period SMA, and Supertrend, indicating short-term consolidation within a broader bearish context. Monthly trend strength is strong (ADX 58.4), while weekly momentum remains weak (ADX 15.59). Recent volatility was extreme on 2026-10-30 with a volume ratio of 24.07, yet subsequent candlestick formations like the Bearish Engulfing Reversal on 2026-11-03 suggest persistent selling pressure. The stock has declined 39.0% from its available high, with annualized volatility at +30.7%. Immediate resistance lies at ₹1,563.63 (+1.87%) and ₹1,581.53 (+3.03%), while support is found at ₹1,518.37 (-1.08%). A move above the 20-period EMA and Supertrend would be required to signal a potential shift in daily momentum.

- Trend: Daily price is below the Supertrend and major SMAs (50/200), confirming a bearish medium-term trend despite being above the 20-period EMA.
- Momentum: Monthly ADX is strong (58.4) indicating dominant downward pressure, while weekly ADX is weak (15.59), suggesting low conviction in the current range.
- Levels: Key resistance at ₹1,563.63 (+1.87%); immediate support at ₹1,518.37 (-1.08%).
- Risk: Current drawdown is -39.0% from highs; annualized volatility stands at +30.7%, reflecting significant price instability.

- Bearish Engulfing Reversal
- Outside Bar
- Doji
- Inside Bar

### News Context

In the seven-day window ending November 6, 2026, two major brokerage firms issued negative outlooks for Deepak Nitrite (DEEPAKNTR), signaling a cautious near-term sentiment. On November 2, Motilal Oswal initiated a 'Sell' recommendation with a target price of ₹1,300. Earlier that same day, Prabhudas Lilladher issued a 'Reduce' rating, setting its price target at ₹1,419. These actions suggest that analysts perceive limited upside or potential downside risks for the stock relative to current market levels. The convergence of these ratings highlights a shared view among external research providers regarding the company's valuation or performance trajectory in the immediate term.

- Motilal Oswal issued a 'Sell' recommendation on November 2, 2026, with a target price of ₹1,300.
- Prabhudas Lilladher issued a 'Reduce' recommendation on November 2, 2026, with a target price of ₹1,419.
- Both brokerages published their views on the same day, indicating a synchronized negative near-term outlook.

- [Sell Deepak Nitrite; target of Rs 1300: Motilal Oswal](https://www.moneycontrol.com/news/business/sell-deepak-nitrite-target-of-rs-1300-motilal-oswal-14066383.html)
- [Reduce Deepak Nitrite; target of Rs 1419: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/reduce-deepak-nitrite-target-of-rs-1419-prabhudas-lilladher-14066115.html)

### Official Filings

Deepak Nitrite Limited reported record financial performance for Q2 and H1 FY2027, with consolidated revenue reaching ₹3,091 crore in Q2 (up 61% year-on-year) and EBITDA surging to ₹643 crore (up 187%). For the half-year, revenue grew 48% to ₹5,682 crore, while EBITDA increased 173% to ₹1,197 crore. The Phenolics segment contributed significantly, posting an EBIT of ₹933 crore in H1 FY27, which exceeded its previous full-year peak of ₹867 crore recorded in FY22.

Operationally, the company provided updates on its integrated polycarbonate complex at Dahej, noting that dismantling work is 65% complete and overall EPC work stands at 27%. Civil works have commenced across utilities, and a loan agreement has been signed with all lenders. These disclosures were filed following the Board's approval of results on October 29, 2026, and discussed during the earnings conference call held on October 30, 2026.

- Record H1 FY27 Financials: Consolidated revenue rose 48% to ₹5,682 crore and EBITDA jumped 173% to ₹1,197 crore; Q2 revenue was ₹3,091 crore (+61%) with EBITDA at ₹643 crore (+187%).
- Phenolics Segment Strength: H1 FY27 EBIT reached ₹933 crore, surpassing the previous full-year high of ₹867 crore set in FY22.
- Dahej Polycarbonate Complex Progress: Dismantling work is 65% complete, EPC work is 27% done, civil works are underway, and lender agreements are finalized.

- [Deepak Nitrite Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04112026111452_NSE-concall_transcript.pdf)
- [Deepak Nitrite Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_30102026184526_NSE-CONCALL-AUDIO_RECORDING-882024.pdf)
- [Deepak Nitrite Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026183918_NSE-29-10-2026-bm-ufr.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749364_29102026080541_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749360_29102026080412_WEB.xml)
- [Deepak Nitrite Limited has informed the Exchange about General Updates- Q2 & H1 FY2027 Results Presentation |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026221311_DNL_-_Q2_FY27_Results_Presentation_V2.pdf)
- [Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_16102026225230_NSE-CONCALL-16-10-2026-FINAL.pdf)
- [DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)
- [Board Meeting Intimation |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)
- [Financial Results |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_15102026143654_NSEBMINTIMATIONLetter.pdf)

### Fundamentals

Deepak Nitrite (DEEPAKNTR) has demonstrated a sharp operational recovery in Q1 FY2026-27, with revenue rising 21.5% sequentially to ₹2,577.60 crore and net profit increasing 57% to ₹345.01 crore. This quarterly momentum aligns with the trailing twelve months (TTM), where sales grew 24% and net profit surged 102%. However, earnings quality faces headwinds from deteriorating cash conversion; CFO/EBITDA dropped from 101% in Mar 2024 to 74% in Mar 2026, and the Cash Conversion Cycle lengthened to 92 days. The balance sheet reflects aggressive capacity expansion, evidenced by Fixed Assets growing to ₹4,237 crore and Borrowings rising to ₹1,762 crore by Sep 2026. While CWIP declined significantly to ₹1,299 crore, indicating asset capitalization, interest costs have climbed to ₹82 crore (TTM). Return on Capital Employed (ROCE) compressed to 11% in Mar 2026, down from 22% three years prior, highlighting the lag between capex and profitability realization.

- Q1 FY2026-27 Revenue: ₹2,577.60 crore (+21.5% QoQ); Net Profit: ₹345.01 crore (+57% QoQ).
- Cash Conversion Cycle extended to 92 days (Mar 2026); CFO/EBITDA ratio fell to 74% (Mar 2026).
- Fixed Assets expanded to ₹4,237 crore (Sep 2026); Borrowings increased to ₹1,762 crore.
- ROCE declined to 11% (Mar 2026) from 22% (Mar 2024), reflecting capex cycle impact.

### Bear Case

Deepak Nitrite faces significant headwinds as evidenced by deteriorating technical trends and negative analyst sentiment. As of November 6, 2026, the stock trades at ₹1535.0, reflecting a substantial drawdown of -39.0% from its peak, with a maximum historical drawdown reaching -48.8%. The monthly trend is bearish, marked by an ADX of 58.4 and a Plus DI of 10.44 against a Minus DI of 24.05, indicating strong downward momentum. Year-to-date performance stands at -9.8%, while the one-year return is -11.4%. Brokerage firms have issued cautionary signals; Motilal Oswal set a 'Sell' recommendation with a target of ₹1300 on November 2, 2026, and Prabhudas Lilladher issued a 'Reduce' rating with a target of ₹1419. These targets sit below the current market price, suggesting limited near-term upside potential.

- Technical indicators show a bearish monthly trend (ADX 58.4) and a current price of ₹1535.0, which is 1.87% below the nearest pivot resistance at ₹1563.63.
- Analyst sentiment is negative, with Motilal Oswal targeting ₹1300 and Prabhudas Lilladher targeting ₹1419, both implying downside from current levels.
- The stock has experienced a year-to-date decline of -9.8% and a one-year return of -11.4%, with volatility remaining elevated at +30.7% annualized.

- [Sell Deepak Nitrite; target of Rs 1300: Motilal Oswal](https://www.moneycontrol.com/news/business/sell-deepak-nitrite-target-of-rs-1300-motilal-oswal-14066383.html)
- [Reduce Deepak Nitrite; target of Rs 1419: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/reduce-deepak-nitrite-target-of-rs-1419-prabhudas-lilladher-14066115.html)
- [Deepak Nitrite Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04112026111452_NSE-concall_transcript.pdf)
- [Deepak Nitrite Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_30102026184526_NSE-CONCALL-AUDIO_RECORDING-882024.pdf)
- [Deepak Nitrite Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026183918_NSE-29-10-2026-bm-ufr.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749364_29102026080541_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749360_29102026080412_WEB.xml)
- [Deepak Nitrite Limited has informed the Exchange about General Updates- Q2 & H1 FY2027 Results Presentation |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026221311_DNL_-_Q2_FY27_Results_Presentation_V2.pdf)
- [Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_16102026225230_NSE-CONCALL-16-10-2026-FINAL.pdf)
- [DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)

### FAQs

**What is the current market price and trading activity for Deepak Nitrite?**

As of November 6, 2026, Deepak Nitrite shares closed at ₹1,535.0 on the NSE, down from the previous close of ₹1,544.0. The stock traded within a daily range of ₹1,515.6 to ₹1,545.7, with a total turnover of ₹12.8 crore across 1,55,397 shares.

**How have recent analyst recommendations changed for this stock?**

Brokerages have issued negative outlooks recently. Motilal Oswal set a 'Sell' recommendation with a target price of ₹1,300 on November 2, 2026. Similarly, Prabhudas Lilladher issued a 'Reduce' recommendation with a target of ₹1,419, indicating a bearish near-term perspective relative to current levels.

**What are the key technical support and resistance levels?**

Technical indicators show a bearish trend on both daily and monthly timeframes. Immediate support lies at ₹1,518.37 (1.08% below), with further support at ₹1,492.73. Resistance is noted at ₹1,563.63 (1.87% above) and ₹1,581.53. The stock has experienced a significant drawdown of -39.0% from its peak.

**What financial results were reported recently?**

The Board approved unaudited financial results for Q2 and H1 FY27 (ended September 30, 2026) on October 29, 2026. Management highlighted record quarterly and half-year results during the conference call held on October 30, 2026, providing updates on commissioned assets and expansion projects.

- [Sell Deepak Nitrite; target of Rs 1300: Motilal Oswal](https://www.moneycontrol.com/news/business/sell-deepak-nitrite-target-of-rs-1300-motilal-oswal-14066383.html)
- [Reduce Deepak Nitrite; target of Rs 1419: Prabhudas Lilladher](https://www.moneycontrol.com/news/business/earnings/reduce-deepak-nitrite-target-of-rs-1419-prabhudas-lilladher-14066115.html)
- [Deepak Nitrite Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04112026111452_NSE-concall_transcript.pdf)
- [Deepak Nitrite Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_30102026184526_NSE-CONCALL-AUDIO_RECORDING-882024.pdf)
- [Deepak Nitrite Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026183918_NSE-29-10-2026-bm-ufr.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749364_29102026080541_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749360_29102026080412_WEB.xml)
- [Deepak Nitrite Limited has informed the Exchange about General Updates- Q2 & H1 FY2027 Results Presentation |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026221311_DNL_-_Q2_FY27_Results_Presentation_V2.pdf)
- [Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_16102026225230_NSE-CONCALL-16-10-2026-FINAL.pdf)
- [DEEPAK NITRITE LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,563.63
- Risk regime: Higher Price Risk

### Support levels
- 1473.1
- 1280
- 1518.3666666666663

### Resistance levels
- 1581.525
- 1624.72109375
- 1669.7

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.58% |
| return_10 | +6.10% |
| return_1m | -1.64% |
| return_1y | -11.40% |
| return_20 | -3.10% |
| return_3m | -12.31% |
| return_5 | +1.03% |
| return_6m | -15.73% |
| return_since_start | -38.55% |
| return_ytd | -9.77% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -48.84% |
| annualized_volatility | +30.73% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Growth and Wider Margins Lift Profit

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.

## Revenue and Profit Growth
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.

## Expense Composition and Margin Dynamics
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 and Taxation
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.

## Strategic Developments
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.

## Management Commentary

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.

## Key Takeaway
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.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +49.39%
- FII holding: +6.40%
- DII holding: +22.50%
- Mutual fund holding: +11.98%
- Retail holding: +17.25%
- Promoter pledged: +0.00%

### Major reported shareholders

- Deepak Chimanlal Mehta — +16.61%
- Life Insurance Corporation Of India — +9.47%
- Stiffen Credits And Capital Pvt Ltd — +6.19% (Bodies Corporate)
- Checkpoint Credits And Capital Pvt Ltd — +5.28% (Bodies Corporate)
- Stepup Credits And Capital Pvt Ltd — +5.08% (Bodies Corporate)
- Stigma Credits And Capital P Ltd — +4.54% (Bodies Corporate)
- Deepak Novochem Technologies Limited — +3.41% (Bodies Corporate)
- Kotak Midcap Fund — +3.36%
- Skyrose Finvest Pvt Ltd — +2.81% (Bodies Corporate)
- Franklin India Small Cap Fund — +2.01%

## Official filings

- 2026-11-04 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04112026111452_NSE-concall_transcript.pdf)
- 2026-10-30 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_30102026184526_NSE-CONCALL-AUDIO_RECORDING-882024.pdf)
- 2026-10-29 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026183918_NSE-29-10-2026-bm-ufr.pdf)
- 2026-10-29 — Financial Results Filing: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749364_29102026080541_WEB.xml)
- 2026-10-29 — Financial Results Filing: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749360_29102026080412_WEB.xml)
- 2026-10-29 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29102026221311_DNL_-_Q2_FY27_Results_Presentation_V2.pdf)
- 2026-10-16 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_16102026225230_NSE-CONCALL-16-10-2026-FINAL.pdf)
- 2026-10-15 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)
- 2026-10-15 — Board Meeting Notice: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3567_WebXMLFile_20261015_142544252.xml)
- 2026-10-15 — Board Meeting Notice: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_15102026143654_NSEBMINTIMATIONLetter.pdf)
- 2026-10-15 — Shareholding Disclosure: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739232_15102026061215_WEB.xml)
- 2026-10-06 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_06102026142338_NSE-Regulation_74_Disclosure.pdf)
- 2026-09-29 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29092026134249_NSE_Letter-investment-29-9-2026.pdf)
- 2026-09-29 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_29092026184031_NSE-REGULATION_30_Disclosure-29-9-2026.pdf)
- 2026-09-24 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3567_WebXMLFile_20260924_112032276.xml)
- 2026-09-24 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_24092026112412_NSE_TW_Letter-24-9-26.pdf)
- 2026-09-24 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3567_WebXMLFile_20260924_112606258.xml)
- 2026-08-27 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_3567_WebXMLFile_20260827_120420822.xml)
- 2026-08-26 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_26082026182929_NSE-DCTL-INVESTMENT-26-8-2026.pdf)
- 2026-08-25 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_25082026175555_NSE-DCTL-ORDER-25-8-2026.pdf)
- 2026-08-21 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3567_WebXMLFile_20260821_184155452.xml)
- 2026-08-21 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_21082026182814_NSE_Letter-Puneetsharma.pdf)
- 2026-08-21 — Management Change: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_ROID_96900_KMP_Doc.zip)
- 2026-08-21 — Management Change: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_ROID_96903_KMP_Doc.zip)
- 2026-08-21 — Management Change: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_ROID_96905_KMP_Doc.zip)

## News and market events

- 2026-11-02 — MONEYCONTROL: **Sell Deepak Nitrite; target of Rs 1300: Motilal Oswal** — Motilal Oswal has issued a 'Sell' recommendation for Deepak Nitrite shares, setting a target price of Rs 1300. This guidance was published by Moneycontrol on November 2, 2026. — [Source](https://www.moneycontrol.com/news/business/sell-deepak-nitrite-target-of-rs-1300-motilal-oswal-14066383.html)
- 2026-11-02 — MONEYCONTROL: **Reduce Deepak Nitrite; target of Rs 1419: Prabhudas Lilladher** — Brokerage firm Prabhudas Lilladher has issued a 'Reduce' recommendation for Deepak Nitrite, setting a price target of Rs 1419. This analyst action suggests a negative outlook on the stock's near-term performance relative to current market levels. — [Source](https://www.moneycontrol.com/news/business/earnings/reduce-deepak-nitrite-target-of-rs-1419-prabhudas-lilladher-14066115.html)
- 2026-10-30 — Mint: **Why Deepak Nitrite share price jumped 9% after Q2 results - Profit and other highlights | Check rating, stock returns** — Deepak Nitrite reported Q2 FY27 results with net profit tripling to ₹398 crore and revenue increasing 61.7% YoY to ₹3,076 crore, leading to a 9% share price jump. Brokerage firm Motilal Oswal issued a 'sell' rating on the stock despite acknowledging the strong quarterly performance. — [Source](https://www.livemint.com/market/stock-market-news/why-deepak-nitrite-share-price-jumped-9-after-q2-results-profit-and-other-highlights-check-rating-stock-returns-11793345692881.html)
- 2026-10-30 — BUSINESSTODAY: **Deepak Nitrite shares surge 9% as net profit triples** — Deepak Nitrite Ltd reported a 235% YoY increase in consolidated net profit to Rs 398 crore for Q2 FY27, driven by a 61% rise in total revenue and an 187% surge in Ebitda. The company attributed its record quarterly performance to favorable domestic market conditions and import disruptions boosting the competitiveness of its Phenolics segment. — [Source](https://www.businesstoday.in/markets/stocks/story/deepak-nitrite-shares-surge-after-q2-ebitda-jumps-187-net-profit-climbs-235-564686-2026-10-30)
- 2026-10-30 — The Hindu: **Q2 Results 30th Oct Highlights: GAIL, IOC, Sun Pharma, Aditya Birla, BOB, Aether, Smartworks Q2 PAT rise, Zee Entertainment con. PAT declines, Dixon's profit fall, Reliance, Jio Platforms, BEL, GE Vernova, Lodha, Delhivery, NTPC Green to announce Q2 results** — Market participants reacted to the day's Q2 results with specific stocks identified as gainers and losers. Trent, IndiGo, Deepak Nitrite, and Milky Mist were among the gainers, while Coal India, Strides Pharma, Blue Star, CAMS, Equitas SFB, and Godrej Consumer were among the losers. — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-highlights-reliance-ind-jio-platforms-sun-pharma-dixon-bel-ioc-bob-gail-ge-vernova-lodha-developers-max-healthcare-ntpc-delhivery-aether-company-results-30-october-2026/article71640116.ece)
- 2026-10-30 — BUSINESSTODAY: **Stocks in news today: RIL, Suzlon Energy, Trent, Deepak Nitrite and more** — Multiple listed companies including Reliance Industries, Vedanta Power, InterGlobe Aviation, Suzlon Energy, Vedanta Oil and Gas, Blue Star, Trent, Indegene, and Deepak Nitrite reported or are set to report their Q2 FY27 financial results, showing mixed performance across sectors. — [Source](https://www.businesstoday.in/markets/stocks/story/stocks-in-news-today-ril-suzlon-energy-trent-deepak-nitrite-and-more-564679-2026-10-30)
- 2026-10-06 — BUSINESSTODAY: **Balaji Amines, Alkyl Amines, Deepak Nitrite, Aarti Ind: Why chemical stocks rallied up to 20% today; targets** — Balaji Amines share price today, Alkyl Amines share price today, Deepak Nitrite share price today, Aarti Industries share price today — [Source](https://www.businesstoday.in/markets/stocks/story/balaji-amines-alkyl-amines-deepak-nitrite-aarti-ind-why-chemical-stocks-rallied-up-to-20-today-targets-559757-2026-10-06)
- 2026-09-29 — CNBC-TV18: **Deepak Nitrite arm commissions ₹300 crore chlorination, specialty chemicals plant in Gujarat** — Shares of Deepak Nitrite Ltd ended at ₹1,515.15, down by ₹35.90, or 2.31%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/deepak-nitrite-share-price-arm-commissions-rs-300-crore-chlorination-specialty-chemicals-plant-in-gujarat-20001184.htm)
- 2026-09-02 — Times of India: **Top stocks to buy today: Stock recommendations for September 2, 2026 - check list** — 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 . — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-02-2026-nlc-india-deepak-nitrite-hindustan-copper-best-stocks-to-buy-today/articleshow/133695885.cms)
- 2026-08-07 — MONEYCONTROL: **Sell Deepak Nitrite; target of Rs 1500: Motilal Oswal** — Deepak Nitrite, Motilal Oswal, Recommendations, Sell — [Source](https://www.moneycontrol.com/news/business/sell-deepak-nitrite-target-of-rs-1500-motilal-oswal-13998029.html)
- 2026-08-07 — CNBC-TV18: **Q1 Results LIVE Updates: Godrej Consumer Products shares down 2%; PG Electroplast up 4%** — 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. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sbi-hindalco-titan-lic-pg-electroplast-hero-britannia-pfc-abb-beml-kaynes-fortis-azad-engg-share-price-liveblog-19963817.htm)
- 2026-08-07 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty slips below 24,600; Bajaj Fin, Trent top losers** — Sensex Today | Stock Market Live Updates: The market is moving on a cautious note, while holding key levels, as the Nifty remains above 24,600 as it looks to move ahead. The Nifty Bank is down close to 200 points, falling below the 57,900 mark. Tech Mahindra, TCS and HCLTech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-cas-tata-hero-pgel-lic-sci-sbi-ncc-premier-crompton-midcaps-share-price-liveblog-19963799.htm)
- 2026-08-05 — MONEYCONTROL: **Buzzing Stocks: Bharti Hexacom, Marico slip despite strong Q1 earnings; Deepak Nitrite gains 3% on profit surge** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-bharti-hexacom-marico-slip-despite-strong-q1-earnings-deepak-nitrite-gains-3-on-profit-surge-13994640.html)
- 2026-08-05 — CNBC-TV18: **Q1 Results Highlights: Sanofi India profit up 20%; Kalyan Jewellers revenue jumps 46%** — Q1 Results Highlights:  Bharti Airtel, ONGC and several other companies, including Marico, BSE, MCX, Nykaa, Castrol India, NHPC, United Breweries and Sanofi India, reported their quarterly earnings today, while stocks such as DLF, IREDA and Torrent Power remained in focus on earnings reactions. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bharti-airtel-hexacom-ongc-dlf-sbi-funds-ireda-bse-mcx-kalyan-gcpl-marico-nykaa-pidilite-share-price-liveblog-19960965.htm)
- 2026-08-04 — CNBC-TV18: **Stocks to Watch for August 5: Bharti Airtel, Nykaa, HDFC Bank, Marico and more** — A busy earnings calendar continues on Wednesday, with several companies set to announce their June quarter results, while the RBI's monetary policy decision is also due. Here are the stocks likely to remain in focus in Wednesday's trading session. — [Source](https://www.cnbctv18.com/photos/market/top-stocks-to-watch-for-august-5-bharti-airtel-bharti-hexacom-nykaa-and-banks-auto-rbi-mpc-decision-19961529.htm)

## Business profile

**Strategic vision:** Indian chemical manufacturer producing diverse intermediates for various industries.

### Business segments
- **Deepak Nitrite:** Manufactures a broad spectrum of chemical intermediates for domestic and international markets, catering to sectors like dyes, agrochemicals, pharmaceuticals, and personal care.
- **Deepak Phenolics:** Specializes in the production of Phenol, Acetone, and Isopropyl Alcohol (IPA) for industries including laminates, pharmaceuticals, and sanitizers.
- **Other Divisions:** Includes Deepak Chem Tech and Deepak Advanced Materials Limited as part of its business structure.

### Competitive strengths
- 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.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/deepakntr
Markdown representation: https://faxioms.com/stocks/deepakntr?render=md