| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 3,076 | 1,902 | +61.8% |
| EBITDA | 627 | 204 | +206.9% |
| EBITDA margin | 20.4% | 10.7% | +9.6 pts |
| Profit before tax | 543 | 163 | +232.9% |
| Net profit | 398 | 119 | +234.9% |
| EPS | ₹29.16 | ₹8.71 | +234.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 20,138 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 320 | 438 | 687 | 357 | 415 | ||
| 45.4 | 32.5 | 36.0 | 26.1 | 0.0 | ||
| 1,528 | 1,528 | 1,171 | 217 | 54.5 | ||
| 21,391 | — | — | — | — | ||
| 9,749 | 7,887 | 8,282 | 7,682 | 7,972 | ||
| — | −4.8% | +7.8% | −3.6% | — | ||
| 1,754 | 981 | 1,092 | 1,123 | 1,289 | ||
| 18.0% | 12.4% | 13.2% | 14.6% | 16.2% | ||
| 1,499 | 756 | 896 | 958 | 1,123 | ||
| 1,062 | 551 | 697 | 811 | 852 | ||
| 10.9% | 7.0% | 8.4% | 10.6% | 10.7% | ||
| ₹77.88 | ₹40.36 | ₹51.12 | ₹59.31 | ₹62.46 | ||
| — | −21.0% | −13.8% | −5.1% | — | ||
| — | 539 | 625 | 878 | 650 | ||
| — | −1,198 | −1,136 | −772 | −361 | ||
| −659 | −659 | −512 | 106 | 289 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 20,138.1 | |
| - Cash, Equiv & ST Investments | 414.5 | 357.1 | 687.3 | 438.3 | 320.1 | |
| + Minority Interest | 0.0 | 26.1 | 36.0 | 32.5 | 45.4 | |
| + Total Debt | 54.5 | 217.0 | 1,170.5 | 1,527.8 | 1,527.8 | |
| Enterprise Value | — | — | — | — | 21,391.2 | |
| Revenue | 7,972.1 | 7,681.8 | 8,281.9 | 7,887.1 | 9,749.3 | |
| Growth %, YoY | — | -3.6 | +7.8 | -4.8 | — | |
| EBITDA | 1,289.4 | 1,123.3 | 1,091.8 | 980.7 | 1,753.9 | |
| Margin % | 16.17 | 14.62 | 13.18 | 12.43 | 17.99 | |
| EBIT | 1,123.1 | 957.6 | 896.4 | 756.1 | 1,498.8 | |
| Net Income | 852.0 | 810.9 | 697.4 | 550.7 | 1,062.3 | |
| Margin % | 10.69 | 10.56 | 8.42 | 6.98 | 10.90 | |
| EPS, Adj (current shares) | 62.46 | 59.31 | 51.12 | 40.36 | 77.88 | |
| Growth %, YoY | — | -5.1 | -13.8 | -21.0 | — | |
| Cash from Operations | 649.9 | 878.0 | 624.7 | 539.0 | — | |
| Capital Expenditures | -360.9 | -771.7 | -1,136.3 | -1,198.4 | — | |
| Free Cash Flow | 289.1 | 106.3 | -511.6 | -659.4 | -659.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Deepak Nitrite (NSE: DEEPAKNTR) had a market capitalisation of ₹20,725 crore at the 29 October 2026 close (₹1,519.40 a share), a PE ratio of 19.5 on the last four quarters' profit and a price-to-book ratio of 3.20. In FY26 its consolidated net profit was ₹551 crore on revenue of ₹7,887 crore; in Q2 FY27 (July–September 2026) it was ₹398 crore, up 235.0% year on year. Its debt-to-equity ratio was 0.25 on 30 September 2026. Promoters held 49.39% of the shares on 30 September 2026.
Deepak Nitrite's PE ratio is 19.5 at the 29 October 2026 close (₹1,519.40 a share): a market capitalisation of ₹20,725 crore divided by consolidated net profit of ₹1,062 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹551 crore) it is 37.6.
No. Deepak Nitrite had borrowings of ₹1,657 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.25. Its cash and current investments were ₹372 crore, so its net debt was ₹1,285 crore.
Deepak Nitrite's debt-to-equity ratio was 0.25 on 30 September 2026: borrowings of ₹1,657 crore against total equity of ₹6,521 crore. A year earlier, on 30 September 2025, it was 0.21.
Deepak Nitrite's price-to-book (PB) ratio is 3.20 at the 29 October 2026 close: a market capitalisation of ₹20,725 crore divided by shareholders' equity (book value) of ₹6,476 crore on 30 September 2026. That is a book value of ₹474.76 per share against a share price of ₹1,519.40.
Deepak Nitrite's net worth — shareholders' equity in its consolidated balance sheet — was ₹6,476 crore on 30 September 2026, up 17.4% from ₹5,515 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹20,725 crore at the 29 October 2026 close.
In FY26, Deepak Nitrite's return on equity (ROE) was 9.8% and its return on capital employed (ROCE) was 10.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.7% and ROCE 14.8%.
Deepak Nitrite's market capitalisation was ₹20,725 crore at the 29 October 2026 close: 13.64 crore shares at ₹1,519.40 each.
Deepak Nitrite's basic earnings per share (EPS) were ₹40.36 in FY26, against ₹51.12 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹77.89.
In 2026, Deepak Nitrite has declared one dividend: ₹7.50 with record date 27 July 2026.
Deepak Nitrite's book value per share was ₹474.76 on 30 September 2026: shareholders' equity of ₹6,476 crore divided by the 13.64 crore shares in issue, up 17.4% from ₹404.34 a year earlier. The share price at the 29 October 2026 close was ₹1,519.40.
Deepak Nitrite's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹398 crore, up 235.0% from ₹119 crore in Q2 FY26; revenue from operations ₹3,076 crore, up 61.8% year on year.
In FY26 (April 2025–March 2026), Deepak Nitrite's consolidated net profit was ₹551 crore, down 21.0% from ₹697 crore in FY25, on revenue from operations of ₹7,887 crore (down 4.8%). Over three years, from FY23, net profit was down 35.4%.
Deepak Nitrite's dividend yield is 0.49% at the 29 October 2026 close: dividends of ₹7.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,519.40. They were ₹7.50 on 27 July 2026.
Promoters held 49.39% of Deepak Nitrite on 30 September 2026, up 0.05 percentage points from 49.34% the previous quarter and up 0.11 percentage points from 49.28% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Deepak Nitrite generated ₹539 crore of cash from operations and spent ₹1,198 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹659 crore. In FY25 it was −₹512 crore.
On 30 September 2026, Deepak Nitrite's shares were held by promoters 49.39%, foreign portfolio investors (FII/FPI) 6.40%, domestic institutions (DII) 22.50% (including mutual funds at 11.98%) and retail and other non-institutional investors 21.71%. Over the year, FII holding was up 0.19 percentage points from 6.21% and DII holding was down 0.20 percentage points from 22.70%.
On FY26 consolidated figures, against Aarti Industries, SRF and Gujarat Narmada Valley Fertilizers and Chemicals: Deepak Nitrite's operating margin of 9.6% is the second highest of the four (Aarti Industries 8.4%, SRF 16.2%, Gujarat Narmada Valley Fertilizers and Chemicals 7.4%; peer average 10.6%); its return on equity of 9.8% is the second highest of the four (Aarti Industries 7.3%, SRF 13.8%, Gujarat Narmada Valley Fertilizers and Chemicals 9.1%; peer average 10.0%).
At the 29 October 2026 closing prices, on FY26 net profit, Deepak Nitrite's PE ratio is 37.6, the third highest of the four: Aarti Industries 37.7, SRF 37.7 and Gujarat Narmada Valley Fertilizers and Chemicals 9.2, a peer average of 28.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Deepak Nitrite has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Deepak Nitrite earned net profit of ₹551 crore on revenue of ₹7,887 crore, against ₹419 crore on ₹8,286 crore for Aarti Industries. Deepak Nitrite's operating margin was 9.6% (Aarti Industries 8.4%) and its return on equity 9.8% (Aarti Industries 7.3%). At the 29 October 2026 close, Deepak Nitrite's market capitalisation was ₹20,725 crore against ₹15,806 crore for Aarti Industries, and its PE ratio on FY26 profit 37.6 against 37.7.
From Deepak Nitrite's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.