Deepak Nitrite Key Ratios
NSE: DEEPAKNTR | BSE: 506401
₹1,762.90
As on 28-Aug-2026IST
Market cap
₹24,047 Cr
Revenue (TTM)
₹8,575 Cr
P/E Ratio
30.7
P/B Ratio
3.9
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 21.57 | 36.39 | 7.12 | 3.73 | 10.47 |
| EBIT | 52.05 | 244.54 | 41.57 | 3.72 | -4.14 |
| Net Profit | 57.01 | 207.50 | 30.59 | 1.09 | -4.15 |
| EPS | 57.01 | 207.50 | 29.06 | 0.69 | -4.37 |
| Book Value | -- | -- | 8.32 | 12.59 | 19.99 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.47 | 13.59 | 12.76 | 9.63 | 10.86 |
| Net Margin
| 10.80 | 10.38 | 9.08 | 6.93 | 8.34 |
| Return on equity
| 10.19 | 20.44 | 13.96 | 9.81 | 13.69 |
| Return on Capital
| 12.88 | 25.58 | -- | 11.58 | 17.00 |
| Return on Assets
| 8.83 | 15.16 | 9.55 | 6.73 | 10.11 |
| Debt to Equity (x)
| -- | -- | 0.19 | 0.26 | 0.22 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
11.58
|
17.00
|
24.39
|
30.13
|
|
Peer Median
|
--
|
11.47
|
12.06
|
13.53
|
--
|
ROE
13.96
Higher than Peers by 4.49
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
13.96
|
9.81
|
13.69
|
18.25
|
22.94
|
|
Peer Median
|
9.48
|
8.78
|
8.91
|
10.80
|
--
|
ROA
9.55
Higher than Peers by 3.31
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
9.55
|
6.73
|
10.11
|
14.45
|
17.83
|
|
Peer Median
|
6.24
|
5.45
|
5.64
|
6.79
|
--
|
EBIT Margin
12.76
Higher than Peers by 3.89
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
12.76
|
9.63
|
10.86
|
12.51
|
14.11
|
|
Peer Median
|
8.87
|
10.64
|
8.43
|
8.97
|
--
|
Net Margin
9.08
Higher than Peers by 2.53
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
9.08
|
6.93
|
8.34
|
10.45
|
10.62
|
|
Peer Median
|
6.55
|
6.16
|
5.96
|
6.62
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
9.76
|
10.70
|
12.60
|
12.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.12
Higher than Peers by 1.03
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
7.12
|
-4.77
|
7.81
|
-3.64
|
17.20
|
|
Peer Median
|
6.09
|
11.13
|
9.42
|
9.36
|
--
|
EBIT Growth
41.57
Higher than Peers by 40.63
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
41.57
|
-15.61
|
-6.37
|
-14.59
|
-20.61
|
|
Peer Median
|
0.94
|
14.08
|
1.79
|
-1.67
|
--
|
Net Profit Growth
30.59
Higher than Peers by 28.48
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
30.59
|
-21.04
|
-14.00
|
-4.83
|
-20.12
|
|
Peer Median
|
2.12
|
20.17
|
-1.10
|
4.91
|
--
|
EPS Growth
29.06
Higher than Peers by 27.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
29.06
|
-21.04
|
-14.02
|
-4.82
|
-20.12
|
|
Peer Median
|
1.88
|
14.82
|
0.15
|
4.91
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
8.32
|
12.34
|
17.28
|
22.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.19
Higher than Peers by 0.17
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
0.19
|
0.26
|
0.22
|
0.05
|
0.01
|
|
Peer Median
|
0.03
|
0.20
|
0.16
|
0.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
0.06
|
0.03
|
--
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.40
Higher than Peers by 0.33
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
2.40
|
2.40
|
3.57
|
3.62
|
3.45
|
|
Peer Median
|
2.07
|
1.86
|
2.23
|
2.18
|
--
|
Quick Ratio
1.73
Higher than Peers by 0.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
1.73
|
1.73
|
2.57
|
2.65
|
2.33
|
|
Peer Median
|
1.45
|
1.58
|
1.96
|
1.71
|
--
|
Interest Coverage
18.60
Higher than Peers by 9.75
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
18.60
|
16.40
|
31.93
|
73.96
|
43.95
|
|
Peer Median
|
8.85
|
6.65
|
8.85
|
10.17
|
--
|
Operating Efficiency
Debtors to sales
17.56
Lower than Peers by 1.06
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
17.56
|
19.09
|
15.38
|
16.90
|
16.43
|
|
Peer Median
|
18.61
|
19.90
|
18.32
|
17.58
|
--
|
Asset Turnover
1.05
Higher than Peers by 0.25
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
1.05
|
0.97
|
1.21
|
1.38
|
1.68
|
|
Peer Median
|
0.80
|
0.89
|
0.84
|
0.85
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
63.85
|
56.28
|
61.39
|
55.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
41.09
|
36.90
|
38.91
|
33.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
35.00
|
33.64
|
42.18
|
40.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
--
|
69.94
|
59.53
|
58.12
|
48.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
30.70
Lower than Peers by 6.22
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
30.70
|
31.90
|
38.79
|
35.69
|
29.49
|
|
Peer Median
|
36.92
|
36.92
|
35.43
|
34.02
|
--
|
Price / Book Value
3.89
Higher than Peers by 1.10
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
3.89
|
3.01
|
5.02
|
6.03
|
6.14
|
|
Peer Median
|
2.79
|
3.15
|
2.26
|
2.74
|
--
|
Dividend Yield
0.43
Higher than Peers by 0.16
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
0.43
|
0.58
|
0.38
|
0.35
|
0.41
|
|
Peer Median
|
0.27
|
0.23
|
0.30
|
0.28
|
--
|
EV/EBITDA
18.33
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
18.33
|
18.03
|
23.59
|
23.86
|
18.78
|
|
Peer Median
|
--
|
28.11
|
23.67
|
19.92
|
--
|
Market Cap
24,047
Higher than Peers by 21,378
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Deepak Nitrite
|
24,047
|
17,561
|
27,045
|
28,939
|
25,130
|
|
Peer Median
|
2,669
|
1,815
|
920
|
1,568
|
--
|