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 be wary of Deepak Nitrite Limited as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 3.57300
forwardPE 26.54754
debtToEquity 23.35600
earningsGrowth -0.20300
revenueGrowth 0.02500
grossMargins 0.24517
operatingMargins 0.12170
trailingEps 51.14000
forwardEps 0.00000

DEEPAKNTR's current ratio 3.573, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, DEEPAKNTR can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
DEEPAKNTR's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
Deepak Nitrite Limited's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making Deepak Nitrite Limited a stable and conservative investment.
Deepak Nitrite Limited's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
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.

Price projections:

Price projections for DEEPAKNTR
Price projections for DEEPAKNTR

The price of DEEPAKNTR has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.

Insider Transactions:

Insider Transactions for DEEPAKNTR
Insider Transactions for DEEPAKNTR


Recent trading of DEEPAKNTR stock saw 1 sales, with market price at 3076.35009765625 per share.3 purchases of DEEPAKNTR were executed, with market price of 2101.0.Investors have been purchasing DEEPAKNTR more than selling it at current price levels, which may reflect optimism. This pattern suggests that the market expects favorable outcomes for the stock, leading to increased buying interest.

Recommendation changes over time:

Recommendations trend for DEEPAKNTR
Recommendations trend for DEEPAKNTR


DEEPAKNTR has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view DEEPAKNTR as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.