| Management target | Revenue FY29 |
|---|
| Revenue growth | 35% YoY growth, driven by record Phenolics and AI segment performance. |
|---|---|
| Margins | EBITDA margins doubled YoY due to better product mix and integration. |
| Demand visibility | Strong domestic demand; India becoming a salient destination for downstream chemicals. |
| Management confidence | Extremely confident; focusing on 'nitrogen company' and 'integrated platform' narrative. |
Growth
Revenue grew 35% YoY and 22% QoQ, with EBITDA margins expanding to 21% from 11% YoY.
Outlook
Commissioning MIBK/MIBC in August 2026. Targeting full polycarbonate value chain integration by FY28-29.
Risks
High raw material price volatility persists. Large 11,500 Cr capex implementation risk could strain execution focus.
Last quarter's promises, checked
Delivered
- Guided Q1 better than Q4 → Delivered 2592 Cr vs 2127 Cr (= BEAT)
- Guided MIBK/MIBC commissioning Q2 FY27 → On track/August 2026 (= BEAT)
- Guided 60:40 debt-equity funding for 11k Cr capex → Maintained structure (= BEAT)
Partly delivered
- Guided Nitric Acid 90-100 Cr EBITDA addition → Delayed by technical issues (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: DEEPAKNTR. Summary written with AI assistance from the document.
Deepak Nitrite Ltd: key numbers
- Share price
- ₹1,543.50
- Market cap
- ₹21,052 Cr
- Revenue (annual)
- ₹7,887 Cr
- Net profit (annual)
- ₹550.5 Cr
- P/E (TTM)
- 26.9×Sector 37.2×
- Promoter holding
- 49.34%+0.01% QoQ
- FII holding
- 6.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Deepak Nitrite Ltd
All →Deepak Nitrite Capital Structure Change
Deepak Nitrite’s subsidiary, Deepak Chem Tech, has issued preference shares worth ₹175 Crore to its parent and another subsidiary. This infusion strengthens the subsidiary's capital base.
- Value
- ₹175.0 Cr
Deepak Nitrite Legal & Regulatory
Deepak Nitrite's subsidiary, Deepak Chem Tech, settled a factory regulation violation by paying a ₹0.03 Crore penalty to Gujarat state authorities.
- Value
- ₹0.03 Cr
Deepak Nitrite Management Change
Mr. Puneet Sharma, SBU Head - Life Sciences at Deepak Nitrite Limited, has resigned. His resignation is effective from the close of business on 21st August 2026.
Deepak Nitrite Other Announcement
Deepak Nitrite Ltd has updated the composition of its Board of Directors, following the previously announced cessation of Shri Dileep Choksi as an Independent Director.
Deepak Nitrite Production Started
Deepak Nitrite's subsidiary, Deepak Chem Tech, commenced manufacturing operations at its new Methyl Isobutyl Ketone and Methyl Isobutyl Carbinol plant in Dahej, Gujarat.
- Value
- ₹735.0 Cr
Deepak Nitrite Earnings Call Transcript: Key Takeaways
Deepak Nitrite reports record Q1 results driven by phenolics operational excellence and strategic backward integration into nitric acid, though upcoming heavy capex for polycarbonate and MIBK/MIBC projects looms large.