Deepak Nitrite Share Price Target: Deepak NitriteLtd’s shares have a 52-week range of Rs 2520 – Rs 1757.80 on BSE. Deepak Nitrite is a constituent of the S&P BSE 200 index. The company has an MCap of Rs 31,497.24 crore, as on February 18, according to the BSE website
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Strengths
1. The company has significantly decreased its debt by 13.99 Cr, indicating a strong commitment to financial health and stability.
2. Maintaining a healthy Return on Equity (ROE) of 21.40% over the past 3 years showcases efficient utilization of shareholder funds.
3. Consistent maintenance of a healthy Return on Capital Employed (ROCE) of 27.89% over the past 3 years reflects efficient capital allocation and operational performance.
4. Being virtually debt-free enhances the company’s financial flexibility and reduces its risk exposure.
5. A healthy Interest Coverage Ratio of 240.15 indicates the company’s ability to meet interest obligations comfortably.
6. Consistent effective average operating margins of 25.43% over the last 5 years demonstrate operational efficiency.
7. An efficient Cash Conversion Cycle of 55.09 days reflects effective management of working capital.
8. A healthy liquidity position with a current ratio of 4.61 ensures the company’s ability to meet short-term obligations.
Limitations
1. Despite its strengths, the company has shown a poor profit growth of -4.80% over the past 3 years, which raises concerns about its ability to generate sustainable earnings growth.
2. The company’s revenue growth of 10.81% over the past 3 years is below expectations, indicating potential challenges in expanding its top-line.
3. Trading at a high Price-to-Earnings (PE) ratio of 74.39 suggests that the stock may be overvalued relative to its earnings potential, potentially deterring investors seeking value.
4. Similarly, trading at a high Enterprise Value-to-EBITDA (EV/EBITDA) ratio of 50.20 indicates that the company may be overpriced relative to its earnings and debt levels, potentially limiting its upside potential for investors.
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Ticker > Deepak Nitrite share price
Deepak Nitrite Ltd.
NSE: DEEPAKNTR BSE: 506401 SECTOR: Chemicals 458k 4k 1k
Price Summary
TODAY’S HIGH ₹ 2,314.85
TODAY’S LOW ₹ 2,275.55
52 WEEK HIGH ₹ 2,521.15
52 WEEK LOW ₹ 1,757
FinStar
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.
Company Essentials
MARKET CAP ₹ 31,119.44 Cr.
ENTERPRISE VALUE ₹ 31,101.50 Cr.
NO. OF SHARES 13.64 Cr.
P/E 74.39
P/B 10.96
FACE VALUE ₹ 2
DIV. YIELD 0.33 %
BOOK VALUE (TTM) ₹ 208.20
CASH ₹ 17.94 Cr.
DEBT ₹ 0 Cr.
PROMOTER HOLDING 49.13 %
EPS (TTM) ₹ 30.67
SALES GROWTH 20.81%
ROE 19.23 %
ROCE 25.02%
PROFIT GROWTH -3.46 %
Index Presence
The company is present in 20 Indices.
NIFTYMIDCAP
NIFTY MIDCAP 100 49,310.95 179 (0.36%)
Price Chart
Volume Chart
Price Chart
CAGR Return : 27.6%
Peer Comparison
| COMPANY | PRICERs. | MCAPCr. | P/B | P/E |
|---|---|---|---|---|
| Pidilite Inds. | 2,711.15 | 1,37,891.62 | 17.27 | 79.44 |
Ratios
Sales Growth
1 YEAR 20.81%
3 YEAR 10.81%
5 YEAR 15.83%
Profit Growth
1 YEAR -3.46%
3 YEAR -4.58%
5 YEAR 41.02%
ROE%
1 YEAR 19.23%
3 YEAR 21.4%
5 YEAR 24.14%
ROCE %
1 YEAR 25.02%
3 YEAR 27.89%
5 YEAR 29.87%
Debt/Equity 0
Price to Cash Flow 100.38
Interest Cover Ratio 240.15
CFO/PAT (5 Yr. Avg.) 0.89
Share Holding Pattern
Promoter Pledging %
DATE PROMOTER % PLEDGE %
Dec 2023 49.13 0
Sep 2023 49.13 0
Quarterly Result (All Figures in Cr.)
| PARTICULARS | DEC 2022 | MAR 2023 |
|---|---|---|
| Net Sales | 817.77 | 800.50 |
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Net Sales | 1,791.92 | 2,229.66 |
Balance Sheet (All Figures are in Crores.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Share Capital | 27.28 | 27.28 |
Cash Flows (All Figures are in Crores.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Profit from operations | 212.49 | 706.03 |
Strengths
The company has significantly decreased its debt by 13.99 Cr.
Company has been maintaining healthy ROE of 21.40% over the past 3 years.
Company has been maintaining healthy ROCE of 27.89% over the past 3 years.
Company is virtually debt-free.
Company has a healthy Interest coverage ratio of 240.15.
The Company has been maintaining an effective average operating margins of 25.43% in the last 5 years.
The company has an efficient Cash Conversion Cycle of 55.09 days.
Company has a healthy liquidity position with current ratio of 4.61.
Limitations
The company has shown a poor profit growth of -4.80% for the Past 3 years.
The company has shown a poor revenue growth of 10.81% for the Past 3 years.
The company is trading at a high PE of 74.39.
The company is trading at a high EV/EBITDA of 50.20.
Quarterly Result (All Figures in Cr.)
| PARTICULARS | DEC 2022 | MAR 2023 |
|---|---|---|
| Net Sales | 817.77 | 800.50 |
Mehta CK Group Companies
Track the 2 companies of Mehta CK Group.
DEEPAKNTR
Deepak Nitrite
SECTOR: Chemicals
PRICE (RS.) ₹ 2,281.60 (-1.32%)
MCAP (CR.) ₹ 31,119.44
STATUS ACTIVE
DEEPAKFERT
Deepak Fert & Petro
SECTOR: Fertilizers
PRICE (RS.) ₹ 494.45 (-0.01%)
MCAP (CR.) ₹ 6,262.85
STATUS ACTIVE
Ratios
Sales Growth
1 YEAR 20.81%
3 YEAR 10.81%
5 YEAR 15.83%
Share Holding Pattern
Promoter Pledging %
DATE PROMOTER % PLEDGE %
Dec 2023 49.13 0
Sep 2023 49.13 0
Ratios
Sales Growth
1 YEAR 20.81%
3 YEAR 10.81%
5 YEAR 15.83%
Profit Growth
1 YEAR -3.46%
3 YEAR -4.58%
5 YEAR 41.02%
ROE%
1 YEAR 19.23%
3 YEAR 21.4%
5 YEAR 24.14%
ROCE %
1 YEAR 25.02%
3 YEAR 27.89%
5 YEAR 29.87%
Debt/Equity 0
Price to Cash Flow 100.38
Interest Cover Ratio 240.15
CFO/PAT (5 Yr. Avg.) 0.89
Share Holding Pattern
Promoter Pledging %
DATE PROMOTER % PLEDGE %
Dec 2023 49.13 0
Sep 2023 49.13 0
Quarterly Result (All Figures in Cr.)
| PARTICULARS | DEC 2022 | MAR 2023 |
|---|---|---|
| Net Sales | 817.77 | 800.50 |
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Net Sales | 1,791.92 | 2,229.66 |
Balance Sheet (All Figures are in Crores.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Share Capital | 27.28 | 27.28 |
Cash Flows (All Figures are in Crores.)
| PARTICULARS | MAR 2019 | MAR 2020 |
|---|---|---|
| Profit from operations | 212.49 | 706.03 |
Mehta CK Group Companies
Track the 2 companies of Mehta CK Group.
DEEPAKNTR
Deepak Nitrite
SECTOR: Chemicals
PRICE (RS.) ₹ 2,281.60 (-1.32%)
MCAP (CR.) ₹ 31,119.44
STATUS ACTIVE
DEEPAKFERT
Deepak Fert & Petro
SECTOR: Fertilizers
PRICE (RS.) ₹ 494.45 (-0.01%)
MCAP (CR.) ₹ 6,262.85
STATUS ACTIVE
Ratios
Sales Growth
1 YEAR 20.81%
3 YEAR 10.81%
5 YEAR 15.83%
Share Holding Pattern
Promoter Pledging %
DATE PROMOTER % PLEDGE %
Dec 2023 49.13 0
Sep 2023 49.13 0
