Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Deepak Nitrite Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,961 | 1,768 | 1,778 | 2,009 | 2,126 | 2,167 | 2,032 | 1,903 | 2,180 | 1,890 | 1,902 | 1,975 | 2,120 |
| Expenses + | 1,613 | 1,559 | 1,476 | 1,705 | 1,825 | 1,858 | 1,734 | 1,735 | 1,863 | 1,700 | 1,698 | 1,764 | 1,744 |
| Operating Profit | 348 | 210 | 302 | 305 | 301 | 309 | 298 | 169 | 317 | 190 | 204 | 211 | 376 |
| OPM % | 18% | 12% | 17% | 15% | 14% | 14% | 15% | 9% | 15% | 10% | 11% | 11% | 18% |
| Other Income + | 13 | 32 | 17 | 14 | 99 | 19 | 21 | 21 | 23 | 25 | 20 | -4 | 7 |
| Interest | 4 | 2 | 3 | 3 | 4 | 6 | 6 | 6 | 9 | 8 | 8 | 11 | 19 |
| Depreciation | 41 | 38 | 39 | 42 | 46 | 47 | 48 | 48 | 51 | 51 | 53 | 58 | 63 |
| Profit before tax | 315 | 202 | 277 | 274 | 349 | 275 | 264 | 135 | 279 | 155 | 163 | 138 | 301 |
| Tax % | 26% | 26% | 26% | 26% | 27% | 26% | 26% | 27% | 27% | 27% | 27% | 28% | 27% |
| Net Profit + | 234 | 150 | 205 | 202 | 254 | 203 | 194 | 98 | 202 | 112 | 119 | 100 | 220 |
| EPS in Rs | 17.15 | 10.99 | 15.04 | 14.81 | 18.61 | 14.85 | 14.24 | 7.19 | 14.84 | 8.23 | 8.70 | 7.32 | 16.11 |
Financials of Deepak Nitrite Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,327 | 1,373 | 1,371 | 1,651 | 2,700 | 4,230 | 4,360 | 6,802 | 7,972 | 7,682 | 8,282 | 7,887 |
| Expenses + | 1,187 | 1,204 | 1,231 | 1,447 | 2,278 | 3,194 | 3,108 | 5,196 | 6,680 | 6,555 | 7,187 | 6,906 |
| Operating Profit | 140 | 169 | 139 | 204 | 421 | 1,035 | 1,252 | 1,607 | 1,292 | 1,127 | 1,095 | 981 |
| OPM % | 11% | 12% | 10% | 12% | 16% | 24% | 29% | 24% | 16% | 15% | 13% | 12% |
| Other Income + | 1 | -0 | 80 | 7 | 11 | 29 | 20 | 42 | 46 | 156 | 84 | 47 |
| Interest | 38 | 40 | 37 | 47 | 87 | 118 | 77 | 36 | 27 | 15 | 31 | 46 |
| Depreciation | 36 | 40 | 48 | 53 | 78 | 140 | 153 | 178 | 166 | 166 | 195 | 225 |
| Profit before tax | 67 | 89 | 135 | 111 | 268 | 806 | 1,042 | 1,434 | 1,146 | 1,102 | 953 | 757 |
| Tax % | 21% | 29% | 28% | 29% | 35% | 24% | 26% | 26% | 26% | 26% | 27% | 27% |
| Net Profit + | 53 | 63 | 96 | 79 | 174 | 611 | 776 | 1,067 | 852 | 811 | 697 | 551 |
| EPS in Rs | 5.06 | 5.39 | 7.37 | 5.79 | 12.73 | 44.80 | 56.88 | 78.20 | 62.47 | 59.45 | 51.12 | 40.36 |
| Dividend Payout % | 20% | 22% | 16% | 22% | 16% | 10% | 10% | 9% | 12% | 13% | 15% | 19% |
Financials of Deepak Nitrite Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 23 | 26 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 325 | 450 | 689 | 895 | 1,044 | 1,545 | 2,319 | 3,311 | 4,063 | 4,769 | 5,361 | 5,810 |
| Borrowings + | 545 | 529 | 724 | 987 | 1,187 | 1,107 | 590 | 315 | 73 | 286 | 1,267 | 1,638 |
| Other Liabilities + | 235 | 295 | 350 | 684 | 677 | 538 | 630 | 779 | 967 | 1,012 | 1,053 | 1,206 |
| Total Liabilities | 1,125 | 1,296 | 1,789 | 2,592 | 2,935 | 3,217 | 3,567 | 4,432 | 5,129 | 6,095 | 7,708 | 8,681 |
| Fixed Assets + | 549 | 594 | 586 | 588 | 1,716 | 1,832 | 1,864 | 1,963 | 1,942 | 2,293 | 2,457 | 3,270 |
| CWIP | 44 | 36 | 349 | 955 | 34 | 172 | 220 | 122 | 301 | 774 | 1,649 | 1,828 |
| Investments | 3 | 87 | 118 | 32 | 2 | 2 | 189 | 439 | 379 | 122 | 511 | 213 |
| Other Assets + | 530 | 580 | 736 | 1,018 | 1,183 | 1,210 | 1,293 | 1,908 | 2,508 | 2,907 | 3,091 | 3,370 |
| Total Assets | 1,125 | 1,296 | 1,789 | 2,592 | 2,935 | 3,217 | 3,567 | 4,432 | 5,129 | 6,095 | 7,708 | 8,681 |
Financials of Deepak Nitrite Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 108 | 167 | 49 | 183 | 60 | 765 | 1,002 | 824 | 650 | 874 | 625 | 539 |
| Cash from Investing Activity + | -89 | -169 | -353 | -525 | -163 | -428 | -396 | -424 | -276 | -717 | -1,489 | -669 |
| Cash from Financing Activity + | -22 | 4 | 305 | 345 | 96 | -338 | -599 | -386 | -359 | 44 | 806 | 193 |
| Net Cash Flow | -3 | 2 | 1 | 4 | -6 | -1 | 7 | 14 | 15 | 200 | -59 | 64 |
| Free Cash Flow | 18 | 81 | -192 | -438 | -194 | 349 | 788 | 638 | 290 | 110 | -494 | -658 |
| CFO/OP | 87% | 110% | 47% | 103% | 28% | 93% | 99% | 73% | 70% | 101% | 77% | 74% |
Financials of Deepak Nitrite Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 86 | 83 | 96 | 91 | 78 | 53 | 63 | 61 | 60 | 62 | 56 | 70 |
| Inventory Days | 47 | 54 | 75 | 118 | 94 | 63 | 64 | 53 | 62 | 54 | 59 | 57 |
| Days Payable | 48 | 59 | 95 | 176 | 106 | 57 | 72 | 46 | 46 | 38 | 33 | 35 |
| Cash Conversion Cycle | 85 | 79 | 76 | 32 | 66 | 59 | 56 | 67 | 76 | 77 | 82 | 91 |
| Working Capital Days | -3 | -28 | -49 | -29 | 35 | 33 | 57 | 57 | 70 | 70 | 64 | 70 |
| ROCE % | 14% | 8% | 10% | 17% | 38% | 40% | 44% | 30% | 22% | 16% | 11% |