DEEPAKNTR
Deepak Nitrite Limited
NSELast Traded Price
₹1766.9
14.1 (0.8%)
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₹1787.9
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₹1752.8
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Industry
Specialty Chemicals
Market Cap
24099.29 Cr
Filing History
Recent corporate announcements and filings for DEEPAKNTR
Business Update
Positive
2026-08-26 18:31
- Deepak Chem Tech Limited (wholly-owned subsidiary) received ₹175 Cr (₹95 Cr from Deepak Phenolics, ₹80 Cr from Deepak Nitrite) via 9% Optionally Convertible Redeemable Preference Shares (OCRPS).
- Funds will strengthen DCTL's capital base, support project expenses and general corporate purposes.
- Transaction completed on August 26, 2026, for internal growth within the chemical business.
Business Update
Negative
2026-08-25 17:58
CRITICAL RED FLAG DETECTED
- Deepak Nitrite's subsidiary, Deepak Chem Tech Limited, settled a violation under the Occupational Safety, Health and Working Condition Code, 2020.
- A Settlement Order was passed on August 25, 2026, involving a payment of ₹3,00,000.
- The company stated there will be no material financial impact.
Governance
Negative
2026-08-21 18:30
CRITICAL RED FLAG DETECTED
- Mr. Puneet Sharma, SBU Head - Life Sciences, has resigned from Deepak Nitrite Limited, effective from the close of business hours on 21st August 2026. He is taking up an opportunity outside the organisation.
Business Update
Positive
2026-08-11 15:50
- The Q1 FY27 earnings conference call highlighted an improving business trajectory driven by better market conditions and operational efficiencies.
- MIBK, MIBC, and acetophenone projects are scheduled for commissioning in August/Q2 FY27, expected to strengthen downstream integration and margins.
- The integrated polycarbonate project is on track for H2 FY28 commissioning, with Bisphenol A (BPA) to follow a few months later.
- Of the INR 11,500 Cr capex for the integration project, approx. INR 3,000-3,200 Cr will be spent by FY27-end, with another INR 3,000 Cr planned for FY28.
- Peak debt for the project is estimated around INR 8,000-8,500 Cr, maintaining a comfortable debt-to-equity ratio below 1.
- Management expressed optimism for the medium-to-long term outlook, citing healthy demand, new capacities, and competitive raw material sourcing.
- The phenol plant aims to achieve 4 lakh tonnes annual production in the short to medium term.
Governance
Negative
2026-08-07 16:59
CRITICAL RED FLAG DETECTED
- Shri Dileep Choksi ceased to be an Independent Director, effective August 7, 2026. - The company has disclosed the updated composition of its Board of Directors.
Governance
Neutral
2026-08-07 16:44
- Shri Dileep Choksi ceased to be an Independent Director of Deepak Nitrite Limited with effect from August 7, 2026, upon completion of his second term.
Business Update
Positive
2026-08-06 18:57
- Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Limited, has commissioned manufacturing operations for its Methyl Isobutyl Ketone & Methyl Isobutyl Carbinol Plant in Dahej, Gujarat on August 6, 2026.
- The total capital expenditure incurred for this project is approximately ₹735 Crores.
Business Update
Neutral
2026-08-06 18:01
- Deepak Nitrite Limited submitted the audio/video recording of the Q1 & FY 2027 Earnings Conference Call.
- The call was held on August 6, 2026.
- The recording is available on the company's website.
Governance
Positive
2026-08-05 22:24
- The 55th Annual General Meeting (AGM) of Deepak Nitrite Limited was held on August 5, 2026.
- All resolutions placed before the AGM, including the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2026, were passed with requisite majority.
- A dividend of ₹7.50 (375%) per equity share of face value ₹2.00 was declared.
- The re-appointment of Shri Girish Satarkar as director, appointment of Shri Anant Pande as director and Executive Director & CMO, and elevation and appointment of Shri Maulik Mehta and Shri Meghav Mehta as Deputy Managing Directors were approved.
Governance
Positive
2026-08-05 21:23
- The 55th Annual General Meeting (AGM) was held on August 5, 2026, through video conferencing.
- Members approved the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
- A dividend of ₹7.50 per equity share (375%) was declared for the financial year ended March 31, 2026.
- The AGM approved the appointment and re-appointment of several directors, including Independent and Executive Directors.
Business Update
Positive
2026-08-04 18:12
- Deepak Nitrite's subsidiary approved a Bisphenol A manufacturing project.
- Capacity: upto 240 KTA with an investment of approx ₹2,500 Crores.
- Project will be funded by a mix of debt and equity.
- Aims to serve captive requirements and the growing Indian market.
Governance
Neutral
2026-08-04 18:10
- Deepak Nitrite Limited appointed Shri Lohit Shringi as Chief Executive Officer for its Advanced Intermediates Business.
- The appointment is effective from August 4, 2026, as approved by the Board of Directors on the same date.
Financials
Positive
2026-08-04 18:08
- Consolidated Revenue ₹2,577.60 Cr vs ₹1,889.88 Cr (▲36.39% YoY)
- EBITDA ₹540.19 Cr vs ₹189.56 Cr (▲185.07% YoY)
- PAT ₹345.01 Cr vs ₹112.25 Cr (▲207.36% YoY)
- EBITDA Margin 20.96% vs 10.03% (▲1093 bps)
Business Update
Positive
2026-07-28 19:06
- Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite, issued 9% Optionally Convertible Redeemable Preference Shares (OCRPS) aggregating to ₹120.00 Crores to Deepak Phenolics Limited (DPL), another wholly-owned subsidiary.
- The investment aims to strengthen DCTL's capital base and support its project expenses and general corporate purposes.
- DCTL's turnover grew from ₹0.86 Crores in FY 2023-24 to ₹172.23 Crores in FY 2025-26.
Business Update
Neutral
2026-07-24 12:29
- Concall Schedule
- Concall Date: Thursday, 6 August, 2026
- Concall Time: 3:30 PM IST
- Purpose: To discuss the Financial Results for the first Quarter ended 30th June, 2026 (Q1 FY27).
- Universal Dial-in: +91 22 6280 1259 / +91 22 7115 8160
Business Update
Neutral
2026-07-23 16:21
- Deepak Nitrite Limited executed a Deed of Guarantee on July 23, 2026, for a US $ 78.43 Million term loan for its 51% subsidiary, Deepak Oman Industries (SFZ) LLC.
- This creates a contingent liability for the company, which will charge a guarantee commission from the subsidiary.
Routine
Neutral
2026-07-10 17:26
New Filing detected. See link for details.
Governance
Neutral
2026-07-06 12:11
- The 55th Annual General Meeting (AGM) will be held on Wednesday, August 5, 2026, at 11:30 AM (IST) through Video Conferencing.
- The Record Date for the AGM and determining members eligible for dividend (if declared) is fixed as Monday, July 27, 2026.
Governance
Neutral
2026-07-06 12:02
- The 55th Annual General Meeting (AGM) will be held on August 5, 2026, at 11:30 AM (IST) via Video Conferencing.
- The Record Date for the AGM and for determining eligibility for dividend (if declared) is fixed as July 27, 2026.
Routine
Neutral
2026-06-26 11:50
- Trading window for Designated Persons and Immediate Relatives to close from July 1, 2026.
- This closure is ahead of the Q1 FY27 unaudited financial results for the quarter ending June 30, 2026, and will reopen 48 hours post-declaration.