EN DE

Deepak Nitrite Limited (DEEPAKNTR) Fair Value & Analysis

Basic Materials · IN · Market cap ₹221B

DN Deepak Nitrite Limited DEEPAKNTR · NSE
Price₹1,718
Fair Value₹686.18
Upside-60.1%
Quality42/100
Watch Deepak Nitrite Limited for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 7.0% net margin
Low debt · negative free cash flow
0.46% dividend yield
Trails peers (4/13)
Moderate moat 47/100
Evidence: High Range ₹514.63 – ₹857.72 Share as image

Fair value as of: Aug 2, 2026

From 16 valuation models · updated 11 days ago

Share price +3.1% over the past month.

Below-average quality, and screening another 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹857.72). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹3,090 ₹1,287 Fair Value ₹686.18 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹1,287 – ₹3,090 · fair‑value band ₹514.63 – ₹857.72 · the ₹1,718 price screens above the ₹686.18 fair value. Dashed = 300-day average. As of Aug 2, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Deepak Nitrite Limited (DEEPAKNTR) currently trades at ₹1,718, while our model-based Fair Value estimate is ₹686.18, implying the stock looks roughly 60.1% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Deepak Nitrite Limited generated revenue of ₹78.9B at a net margin of 7.0%. Revenue declined 2.7% year over year. It earns a return on equity of 9.8%. Net debt stands at ₹13.7B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹514.63 (bear case) to ₹857.72 (bull case); at ₹1,718, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at -60%, DEEPAKNTR screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹375.69 ₹416.84 ₹703.76 76
ROIC Compounder ₹264.65 ₹322.56 ₹374.03 72
Gordon GGM ₹72.14 ₹157.49 ₹264.99 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹274.47 ₹1,565 ₹2,176 54
Lynch FV ₹440.20 ₹628.86 ₹817.52 50
PEG = 1.0 ₹440.20 ₹628.86 ₹817.52 46
EPV ₹264.65 ₹322.56 ₹374.03 59
Dividend Discount
Gordon GGM ₹72.14 ₹157.49 ₹264.99 70
DDM Multi-Stage ₹72.14 ₹129.01 ₹164.13 61
Multiples
P/E Multiple ₹514.63 ₹686.18 ₹857.72 63
P/S Multiple ₹514.63 ₹686.18 ₹857.72 58
P/B Multiple ₹514.63 ₹686.18 ₹857.72 55
EV/EBIT ₹439.98 ₹607.79 ₹775.61 53
EV/EBITDA ₹419.66 ₹580.70 ₹741.75 54
EV/Revenue ₹372.85 ₹559.85 ₹746.84 43
Asset-Based
NCAV (Graham) ₹213.97 ₹286.72 ₹427.94 50
Economic Profit
Residual Income ₹375.69 ₹416.84 ₹703.76 76
ROIC Compounder ₹264.65 ₹322.56 ₹374.03 72
Growth Earnings
Growth-Adj P/E ₹595.36 ₹850.51 ₹1,106 68

Widest divergence: Growth Earnings (₹850.51) versus Dividend Discount (₹129.01). Highest evidence: Residual Income (76).

Notify me when DEEPAKNTR reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹78.9B
Revenue growth (YoY) -2.7%
Net margin 7.0%
Return on equity 9.8%
Free cash flow −₹6.7B FY2026
P/E ratio 40.0
More key figures
Operating margin 14.8%
EPS (TTM) ₹40.40
Dividend yield 0.5%
EPS growth (YoY) +8.5%
Net debt ₹13.7B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 44 · Market factors (momentum, volatility) 52

Profitability 43
Margins and returns on capital today
Quality Growth 13
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 23
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Deepak Nitrite Limited manufactures, trades and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments.

Full company description

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; nitric acid, ortho and para cumidines; and TFMAP, as well as project engineering, procurement, construction, commissioning, management, and consultancy services. The company was incorporated in 1970 and is headquartered in Vadodara, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Deepak Nitrite Limited reported revenue of ₹77.8B in FY2026 versus ₹67.7B in FY2022, a compound +3.5%/yr. Reported net income was ₹5.5B in FY2026, compounding −15.2%/yr from FY2022.

Growth Quality 49/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹77.8B
Latest YoY
−3.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.4%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.4%
Revenue +3.5%/yr
FY22 ₹67.7B
FY23 ₹78.8B
FY24 ₹76.1B
FY25 ₹80.9B
FY26 ₹77.8B
Net income −15.2%/yr
FY22 ₹10.7B
FY23 ₹8.5B
FY24 ₹8.1B
FY25 ₹7.0B
FY26 ₹5.5B
Character of growth · EPS growth decomposed (2015-2026) +25.7 % p.a.
Revenue per share +18.7 pp

of which total revenue +21.6 pp · buybacks/dilution −2.9 pp

EBIT margin +6.6 pp
Tax rate +0.0 pp
Residual (interest, one-offs) +0.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

DEEPAKNTR screens 60% overvalued. Compare with BASF SE →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Deepak Nitrite Limited Fair Value". https://www.fairvalue-calculator.com/stock/DEEPAKNTR

Peer Group

Chemicals · 341 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Below median
Fair Value upside −60% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 15% · Top 25%
Revenue growth -3% · Below median
Dividend yield (TTM) 0.5% · Below median
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 40.0× · Pricier than median
P/B 3.78× · Pricier than 75% of peers
P/S (TTM) 2.80× · Pricier than median
EV/EBITDA 23.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 21
PAST 39 · sector 19
HEALTH 90 · sector 94
DIVIDEND 9 · sector 27

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

Compare Deepak Nitrite Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Deepak Nitrite Limited (DEEPAKNTR) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹686.18 versus a price of ₹1,718, about −60% (overvalued).
What is the fair value of DEEPAKNTR?
Our model-based fair value for Deepak Nitrite Limited is ₹686.18 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹1,718.
What is the quality score of DEEPAKNTR?
Deepak Nitrite Limited has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Deepak Nitrite Limited (DEEPAKNTR)?
Deepak Nitrite Limited reported trailing-twelve-month revenue of about ₹78.9B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of DEEPAKNTR?
The net profit margin of Deepak Nitrite Limited is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does Deepak Nitrite Limited pay a dividend?
Deepak Nitrite Limited currently shows a dividend yield of about 0.46% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Deepak Nitrite Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.