Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Chemicals

Deepak Nitrite Limited manufactures, trades and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments. The company offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brightening agent, DASDA, and benzotrifluoride for colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, and textiles industries. It provides cumene, phenol, acetone, isopropyl alcohol, and alpha methyl styrene for various applications including laminate and plywood, automotive, construction, pharmaceuticals, adhesives, sanitisers, rubber, chemicals, paints, etc. In addition, the company offers 2 MePPDA, 2,3-xylidine, 2,4-xylidine, 2,6-xylidine, 2-ethylhexyl nitrate, 3-NOX, 4-NOX; 2B, 4BBT, ABP, ABP X, and BMK deepwhite powders; 2BL, ABP, AS, BA, BHT HC, DSP, MST, SPF Z, SI, UBR, UP, and XBE deepwhite liquids; 4BB conc, 4BB conc T, DMA-X, DMA-X conc, and UFD slurry deepwhite products; IPA, MAHCL, mHBTF, MMDPA, MNT(3- nitrotoluene), MT(m-toluidine), ONT(2- nitrotoluene), OT(o-toluidine), PNT(4- nitrotoluene), and PT(p-toluidine); B+ (brown colour), FX (yellow colour), and GLP (yellow colour) protecto products; ortho and para cumidines; and TFMAP, as well as project engineering, procurement, construction, commissioning, management, and consultancy services. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.

Revenue projections:

Revenue projections for DEEPAKNTR
Revenue projections for DEEPAKNTR

Investors may react cautiously to news that DEEPAKNTR's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 30.489307
debtToEquity 22.412000
earningsGrowth 0.018000
revenueGrowth 0.038000
grossMargins 0.220250
operatingMargins 0.077650
trailingEps 39.140000
forwardEps 52.608610

DEEPAKNTR's low Debt-to-Equity ratio shows the company avoids heavy reliance on debt. This balanced approach reduces financial risk, as it maintains a healthy equity position without excessive leverage, providing greater financial stability and flexibility.
DEEPAKNTR's negative gross and operating margins point to losses in both production and operations. This suggests the company is facing financial challenges and may need to address cost management or improve revenue generation.
DEEPAKNTR's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.

Price projections:

Price projections for DEEPAKNTR
Price projections for DEEPAKNTR

Over time, Deepak Nitrite Limited's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about Deepak Nitrite Limited's potential for growth.

Insider Transactions:

Insider Transactions for DEEPAKNTR
Insider Transactions for DEEPAKNTR


There were 5 buy transactions of Deepak Nitrite Limited stock, with market price at 1690.2300048828124 per share.The period under consideration saw no buy transactions.DEEPAKNTR's current price levels are marked by increased selling, which could indicate further price drops. If this selling trend persists, the stock may continue to decline as investor confidence weakens.

Recommendation changes over time:

Recommendations trend for DEEPAKNTR
Recommendations trend for DEEPAKNTR


DEEPAKNTR has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see DEEPAKNTR as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.