# DEEPAKNTR (DEEPAKNTR) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,584.6
- Change: -1.26%
- As of: 2026-09-18
- 1D return: -1.15%
- 5D return: -3.62%
- 1M return: -9.38%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, DEEPAKNTR's technical stance is predominantly bearish across multiple timeframes, with the current price of ₹1586.3 trading below key moving averages on daily and monthly charts. The daily timeframe shows the price below the 20-day EMA (₹1660.6), 50-day EMA (₹1682.83), and the Supertrend indicator (₹1723.14), indicating a bearish trend. This aligns with the monthly view where the price is also below its 20-day EMA (₹1765.17) and Supertrend (₹2182.1). However, the weekly timeframe presents a conflicting signal, with the Supertrend indicator (₹1473.92) showing bullish, although the price remains below its 20-day EMA (₹1668.14) and 50-day EMA (₹1703.09).

Recent formations include an active Bearish Engulfing Reversal on the monthly chart and a Doji on the weekly chart, both as of September 18, 2026, suggesting potential for continued weakness. An Outside Bar formation was also active on the daily chart on the same date. The stock has experienced recent downward anomalies, including a moderate downward gap on September 11, 2026, and a high-severity wide intraday range on September 7, 2026.

Nearest support is observed around ₹1580.2, with further levels at ₹1570.5 and ₹1539.11. Resistance is noted near ₹1592.5, followed by ₹1602.2 and ₹1614.5. The stock's risk profile includes an annualized volatility of 31% and a current drawdown of -37%. The position in the 252-day range is near the midpoint at 49%, while the 20-day and 50-day range positions are lower at 15% and 13% respectively.

- The stock's current price of ₹1586.3 on September 18, 2026, is below daily and monthly moving averages and Supertrend indicators, indicating a bearish trend.
- The weekly timeframe shows a bullish Supertrend signal, contrasting with the bearish signals from daily and monthly charts.
- Nearest support levels are ₹1580.2 and ₹1570.5, while immediate resistance is around ₹1592.5.
- Active patterns include a monthly Bearish Engulfing Reversal and a daily Outside Bar as of September 18, 2026.
- Key watch conditions include monitoring for a break below support at ₹1580.2 or a sustained move above resistance near ₹1592.5.

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

### News Context

Deepak Nitrite Limited reported two key updates regarding its subsidiary, Deepak Chem Tech Limited (DCTL). On August 26, 2026, DCTL issued and allotted 9% Optionally Convertible Redeemable Preference Shares worth ₹175 Crores. Deepak Nitrite Limited received ₹80 Crores, and its wholly-owned subsidiary, Deepak Phenolics Limited, received ₹95 Crores. This move aims to bolster DCTL's capital base for project expenses and general corporate needs, with Deepak Nitrite maintaining 100% equity control and indirect 100% control over the preference shares. Separately, on August 25, 2026, DCTL settled a violation of Rule 102 of the Gujarat Factories Rules, 1963, with the Settlement Officer in Ahmedabad. The subsidiary paid ₹3,00,000 on August 25, 2026, to resolve the matter under the Occupational Safety, Health and Working Condition Code, 2020. Deepak Nitrite stated this settlement would not have a material financial impact beyond the amount paid. Additionally, on August 21, 2026, the company announced the resignation of Mr. Puneet Sharma as SBU Head - Life Sciences, effective August 21, 2026.

- On August 26, 2026, Deepak Nitrite's subsidiary, Deepak Chem Tech Limited, issued ₹175 Crores in preference shares to its parent and sister company to strengthen its capital base.
- On August 25, 2026, Deepak Chem Tech Limited settled a regulatory violation for ₹3,00,000, with the company stating no material financial impact beyond this payment.
- Mr. Puneet Sharma resigned as SBU Head - Life Sciences on August 21, 2026.

- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed
- DEEPAK NITRITE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Deepak Nitrite Limited has informed the Exchange about change in Management |SUBJECT: Change in Management

### What Changed

As of September 18, 2026, Deepak Nitrite's stock price has seen a slight decrease, closing at ₹1586.3 compared to its previous price of ₹1604.8. The available data does not indicate any new filings or news developments for the company. The daily and weekly trends remain unchanged, suggesting a period of stability in market sentiment around the stock.

- On 2026-09-18, Deepak Nitrite's stock closed at ₹1586.3.
- The stock's previous closing price was ₹1604.8.
- No new filings were reported as of 2026-09-18.
- No news developments were reported as of 2026-09-18.
- Daily and weekly trends remained unchanged as of 2026-09-18.

### Official Filings

Deepak Nitrite Limited's subsidiary, Deepak Chem Tech Limited (DCTL), has settled a violation of Rule 102 of the Gujarat Factories Rules, 1963, by paying ₹3,00,000 on August 25, 2026. The company has stated that this settlement will not have a material financial impact beyond the amount paid. In a separate development on August 26, 2026, DCTL issued and allotted 9% Optionally Convertible Redeemable Preference Shares totaling ₹175 Crores. These shares were subscribed to by its parent, Deepak Nitrite Limited (₹80 Crores), and its wholly-owned subsidiary, Deepak Phenolics Limited (₹95 Crores), at par value. This capital infusion is intended to strengthen DCTL's financial base for project expenses and general corporate needs. Deepak Nitrite Limited continues to hold 100% of DCTL's equity share capital following this transaction.

Additionally, on August 21, 2026, Mr. Puneet Sharma resigned as SBU Head - Life Sciences, effective August 21, 2026, to pursue an external opportunity. The company received his resignation letter on May 23, 2026.

- On August 25, 2026, Deepak Chem Tech Limited settled a regulatory violation for ₹3,00,000, with no material financial impact expected beyond this payment.
- On August 26, 2026, Deepak Chem Tech Limited raised ₹175 Crores through the issuance of 9% Optionally Convertible Redeemable Preference Shares to its parent, Deepak Nitrite Limited, and subsidiary, Deepak Phenolics Limited.
- The preference share issuance aims to bolster Deepak Chem Tech Limited's capital for project expenses and general corporate purposes.
- Deepak Nitrite Limited maintains 100% equity control over Deepak Chem Tech Limited post-transaction.
- Mr. Puneet Sharma resigned as SBU Head - Life Sciences on August 21, 2026.

- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed
- DEEPAK NITRITE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Deepak Nitrite Limited has informed the Exchange about change in Management |SUBJECT: Change in Management
- Deepak Nitrite Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP

### Fundamentals

Deepak Nitrite's reported financials show a consistent upward trend in revenue and profitability over the observed periods. Revenue from operations increased sequentially from ₹1,974.97 crore in Q3 FY2025-26 to ₹2,577.60 crore in Q1 FY2026-27. This top-line growth was accompanied by an improvement in profit before tax, which rose from ₹137.97 crore in Q3 FY2025-26 to ₹467.63 crore in Q1 FY2026-27. The company's profit for the period also saw a significant increase, reaching ₹345.01 crore in Q1 FY2026-27 from ₹99.82 crore in Q3 FY2025-26. While finance costs have also increased, from ₹11.04 crore to ₹22.91 crore over the same periods, the growth in operating profit appears to have outpaced this increase, contributing to the overall rise in net profit. The tax expense has also risen in line with profits, from ₹38.15 crore to ₹122.62 crore.

Key monitoring areas for Deepak Nitrite include the continued translation of revenue growth into operating leverage, as evidenced by the expanding profit before tax. Investors may also wish to monitor the trend in finance costs relative to operating performance and the company's overall tax rate. The sequential increase in revenue and profits from Q3 FY2025-26 through Q1 FY2026-27 suggests a positive operating trajectory.

- Revenue from operations grew from ₹1,974.97 crore in Q3 FY2025-26 to ₹2,577.60 crore in Q1 FY2026-27.
- Profit Before Tax increased from ₹137.97 crore in Q3 FY2025-26 to ₹467.63 crore in Q1 FY2026-27.
- Profit Loss For Period rose from ₹99.82 crore in Q3 FY2025-26 to ₹345.01 crore in Q1 FY2026-27.
- Finance Costs increased from ₹11.04 crore in Q3 FY2025-26 to ₹22.91 crore in Q1 FY2026-27.
- Tax Expense grew from ₹38.15 crore in Q3 FY2025-26 to ₹122.62 crore in Q1 FY2026-27.

### Bull Case

The company's weekly technical trend shows a bullish signal, indicated by the Supertrend indicator at ₹1473.92. This suggests a potentially positive short-term outlook based on this specific technical indicator. However, both the daily and monthly technical trends are currently in a bearish state, with Supertrend values at ₹1723.14 and ₹2182.10 respectively. The daily trend also shows negative slopes for the 20-day and 50-day Simple Moving Averages (SMA), and the 20-day Exponential Moving Average (EMA), with values of -43.13, -0.7, and -47.83 respectively. The monthly trend exhibits a strong ADX of 61.3, indicating a highly trending market, but with the plus DI (11.63) significantly lower than the minus DI (23.1), reinforcing the bearish sentiment on a monthly basis.

- Weekly trend shows a bullish Supertrend signal at ₹1473.92 as of 2026-09-18.
- Daily trend is bearish, with Supertrend at ₹1723.14 and negative slopes for EMAs and SMAs.
- Monthly trend is also bearish, with Supertrend at ₹2182.10 and a strong ADX of 61.3 but with minus DI exceeding plus DI.

### Bear Case

The company's stock is currently exhibiting several technical indicators that suggest a cautious outlook. Daily and monthly trend analyses indicate a bearish Supertrend direction, with the daily Exponential Moving Average (EMA) and Simple Moving Average (SMA) showing negative slopes. The stock price is trading below its 20-day and 50-day SMAs and EMAs, and also below its 200-day SMA. Furthermore, the stock has experienced significant drawdowns, with a current drawdown of -37% and a maximum drawdown of -49% from its peak. Recent performance also shows negative returns across multiple periods, including a -7% year-to-date return and a -13% return over the past year.

- The daily Supertrend direction is bearish as of 2026-09-18.
- The stock price of ₹1586.3 is below its 20-day SMA of ₹1686.66 and 50-day SMA of ₹1701.23 as of 2026-09-18.
- The current drawdown stands at -37%, with a maximum drawdown recorded at -49%.
- The year-to-date return is -7% as of 2026-09-18.

### FAQs

**What was the outcome of the settlement order against Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite?**

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.

**How has Deepak Chem Tech Limited's capital structure been adjusted recently?**

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.

**What are the recent stock performance trends for Deepak Nitrite?**

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.

**What is the current technical trend for Deepak Nitrite based on daily and weekly indicators?**

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.

- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- Deepak Nitrite Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Deepak Nitrite Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed
- DEEPAK NITRITE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Deepak Nitrite Limited has informed the Exchange about change in Management |SUBJECT: Change in Management
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,602.2
- Risk regime: Higher Price Risk

### Support levels
- 1539.10625
- 1280
- 1580.2

### Resistance levels
- 1629.884375
- 1669.7
- 1687.3000000000002

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.15% |
| return_10 | -8.06% |
| return_1m | -10.43% |
| return_1y | -12.60% |
| return_20 | -9.38% |
| return_3m | -4.34% |
| return_5 | -3.62% |
| return_6m | +12.24% |
| return_since_start | -36.50% |
| return_ytd | -6.76% |

### 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 | +30.64% |

## 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

## Official filings

- 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)
- 2026-08-21 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3567_WebXMLFile_20260821_183604900.xml)
- 2026-08-21 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3567_WebXMLFile_20260821_184228547.xml)
- 2026-08-11 — Earnings Transcript: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_11082026154707_NSETranscript.pdf)
- 2026-08-07 — Generic Announcement: Deepak Nitrite Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_07082026165811_NSE_Disclosure-Regulation30.pdf)
- 2026-08-07 — Official Filing: Shri Dileep Choksi ceased to be an Independent Director of Deepak Nitrite Limited effective August 7, 2026, upon completion of his second term. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- 2026-08-06 — Generic Announcement: Deepak Nitrite Limited uploaded the audio recording of its Q1 & FY 2027 Earnings Conference Call held on August 6, 2026, to the company's website as required by SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_06082026175809_NSE-CONCALL-AUDIO_RECORDING-06082026.pdf)
- 2026-08-06 — Generic Announcement: Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite Limited, commissioned its Methyl Isobutyl Ketone & Methyl Isobutyl Carbinol Plant, along with associated utilities and infrastructure, on August 6, 2026, in Dahej, Gujarat. The total capital expenditure for this project was approximately ₹735 Crores as of the commencement of operations. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_06082026185641_NSE-MIBK-MIBC-signed.pdf)
- 2026-08-05 — Generic Announcement: Deepak Nitrite Limited held its 55th Annual General Meeting on August 5, 2026, where all 14 resolutions, including the adoption of financial statements, declaration of a dividend of ₹7.50 per share, appointment and re-appointment of directors, and ratification of the Cost Auditor's remuneration, were passed with the requisite majority. The meeting was conducted via video conference, and voting results were submitted to the National Stock Exchange. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_05082026222029_NSE_Voting_Results.pdf)
- 2026-08-05 — Generic Announcement: Deepak Nitrite Limited held its 55th Annual General Meeting on August 5, 2026, via video conferencing. The meeting, which lasted from 11:30 AM to 1:18 PM IST, included the adoption of audited financial statements for the year ended March 31, 2026, and the declaration of a dividend of ₹7.50 per equity share. Key agenda items also involved the appointment and re-appointment of several directors and key managerial personnel, including executive directors and independent directors, with various terms commencing in August 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_05082026212027_NSELetterProceedings.pdf)
- 2026-08-04 — Earnings Presentation: Deepak Nitrite Limited reported its Q1 FY2027 results, showcasing a 35% year-over-year increase in revenue to ₹2,592 crore, a 159% year-over-year rise in EBITDA to ₹554 crore, and a 207% year-over-year surge in Profit After Tax (PAT) to ₹345 crore. The company highlighted strong performance across its segments, driven by integrated operations, favorable product spreads, and disciplined execution amidst volatile market conditions. Investments in innovation, digitalization, and renewable energy are ongoing, with the Polycarbonate project progressing and targeted for commissioning in 2028. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04082026224537_DNL_-_Q1_FY27_Results_Presentation_Final.pdf)
- 2026-08-04 — Generic Announcement: Deepak Nitrite Limited announced the appointment of Shri Lohit Shringi as Chief Executive Officer of its Advanced Intermediates Business, effective August 4, 2026. The Board of Directors approved this appointment during a meeting held on the same date. Shri Shringi brings over 27 years of leadership experience in P&L management, business transformation, and strategy execution. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04082026180806_NSE_CEO__Appointment.pdf)
- 2026-08-04 — Official Filing: Deepak Nitrite Limited announced the appointment of Lohit Shringi as Chief Executive Officer, effective August 4, 2026. The decision was made during a board meeting held on the same date. Mr. Shringi brings over 27 years of experience in P&L management, business transformation, and strategy execution, having previously served as Executive Director and Chief of Specialty Chemicals at PCBL Chemical Limited.
- 2026-08-04 — Generic Announcement: Deepak Nitrite Limited's Board of Directors approved the un-audited financial results for the quarter ended June 30, 2026, on August 4, 2026. The company also submitted its standalone and consolidated financial results along with the limited review report from Deloitte Haskins & Sells LLP. The financial statements cover revenue, expenses, and profit/loss for the specified quarter. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04082026180429_NSERESULTS04082026.pdf)
- 2026-08-04 — Generic Announcement: Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite Limited, has approved a project to manufacture Bisphenol A (BPA) with a capacity of up to 240 KTA. The investment is estimated at approximately ₹2,500 Crores, including greenfield infrastructure, and will be funded by a mix of debt and equity. This project, along with existing plans for Polycarbonate resin and Phenol & Acetone plants, aims to create an integrated manufacturing platform for Deepak Nitrite. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_04082026180940_NSE_Press_Release.pdf)
- 2026-07-28 — Generic Announcement: On July 28, 2026, Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Limited, issued and allotted 12,000,000 9% Optionally Convertible Redeemable Preference Shares (OCRPS) with a face value of ₹100 each, aggregating to ₹120.00 Crores, to Deepak Phenolics Limited, another wholly owned subsidiary. This infusion of funds aims to strengthen DCTL's capital base and support project expenses and general corporate purposes. The transaction was conducted on an arm's length basis. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_28072026190454_NSELetter28072026.pdf)
- 2026-07-24 — Official Filing: Deepak Nitrite Limited executed a Deed of Guarantee on July 23, 2026, in favor of Bank Muscat SAOG to secure a Term Loan of US $78.43 Million for its subsidiary, Deepak Oman Industries (SFZ) LLC. The guarantee, amounting to INR 7,561,600,000, covers the loan and associated interest and charges. The company, which holds 51% of DOIL, will charge a guarantee commission from the subsidiary. This guarantee represents a contingent liability for Deepak Nitrite Limited.
- 2026-07-24 — Generic Announcement: Deepak Nitrite Limited will hold its Q1 FY27 Earnings Conference Call on August 6, 2026, at 3:30 PM IST to discuss financial results for the quarter ended June 30, 2026. Senior management, including the Deputy Managing Director, Director – Finance & Group CFO, and Chief Financial Officer, will participate. The call is hosted by IIFL Capital. — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPAKNTR_24072026122750_NSEconcllintimation.pdf)

## News and market events

- 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.

## Related stocks

- [ANURAS (Chemicals)](https://faxioms.com/stocks/anuras) — +2.46%
- [ATUL (Chemicals)](https://faxioms.com/stocks/atul) — +0.50%
- [BAYERCROP (Chemicals)](https://faxioms.com/stocks/bayercrop) — -3.15%
- [CLEAN (Chemicals)](https://faxioms.com/stocks/clean) — +3.10%
- [FLUOROCHEM (Chemicals)](https://faxioms.com/stocks/fluorochem) — +2.62%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

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