Deepak Nitrite Limited

Manufacturer of basic, fine, and specialty chemicals for various industries, with new project in progress.

1970 | Vadodara, Gujarat (India) | Active
Last Updated:

Deepak Nitrite Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 27.28 Cr
  • Company Age 54 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 470.00 Cr
  • Satisfied Charges ₹ 656.36 Cr
  • Revenue Growth 21.43%
  • Profit Growth -3.46%
  • Ebitda -9.20%
  • Net Worth 16.36%
  • Total Assets 15.42%

About Deepak Nitrite

Deepak Nitrite Limited (DNL) was founded in India on 06 June 1970 and has a glorious history of 54 years and ten months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506401 and on the National Stock Exchange(NSE) under DEEPAKNTR.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 27.28 Cr.

The company currently has active open charges totaling ₹470.00 Cr. The company has closed loans amounting to ₹656.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Deepak Nitrite Limited India are Somsekhar Nanda as Cfo, Arvind Bajpai as Company Secretary, Arvind Bajpai as Company Secretary, and One other members. Sanjay Asher, Dileep Choksi, Purvi Sheth, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24110GJ1970PLC001735

  • Company No.

    001735

  • Stock Symbol

    BSE : 506401 NSE : DEEPAKNTR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1970

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Deepak Nitrite Limited offer?

Deepak Nitrite Limited offers a wide range of products and services, including Dyes & Color Additives, Dye Intermediates, Business Planning and Management, Business Consultant, Commodities Trading Service, Aldehydes, Hydroxybenzaldehyde, Industrial Chemicals, Brightening Chemicals, Detergent Raw Material.

Company report

Deepak Nitrite Limited

Explore comprehensive data for Deepak Nitrite Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Deepak Nitrite?

Executive Team (5)

NameDesignationAppointment DateStatus
Somsekhar Nanda CFO03-Aug-2022Current
Deepak Mehta Country flag representing In Managing Director14-Jun-1978Current
Arvind Bajpai Company Secretary02-May-2014Current
Arvind Bajpai Company Secretary02-May-2014Current
Maulik Mehta CEO05-Aug-2016Current

Board Members (11)

NameDesignationAppointment DateStatus
Sanjay Asher Country flag representing In Director 03-May-2019Current
Purvi Sheth Country flag representing In Director 03-May-2019Current
Punit Lalbhai Country flag representing In Director 08-Aug-2022Current
Dileep Choksi Country flag representing In Director 03-Feb-2020Current
Meghav Mehta Country flag representing In Director 04-May-2022Current
Maulik Mehta Country flag representing In Whole-Time Director 09-May-2016Current

Financial Performance of Deepak Nitrite.

Deepak Nitrite Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.43% increase. The company also saw a slight decrease in profitability, with a 3.46% decrease in profit. The company's net worth Soared by an impressive increase of 16.36%.

Deepak Nitrite revenue growth over time
Deepak Nitrite profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.43%
Revenue from Operations
20.81%
Total Assets
15.42%
Profit or Loss
-3.46%
Net Worth
16.36%
EBITDA
-9.20%

What is the Ownership and Shareholding Structure of Deepak Nitrite?

In 2023, Deepak Nitrite had a promoter holding of 49.13% and a public holding of 50.87%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹470.00 Cr

Satisfied Charges

₹656.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 470.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2008State Bank Of India₹470.00 CrOpen
31 Aug 2018Axis Bank Limited₹250.00 CrSatisfied
25 Jun 2014State Bank Of India₹140.00 CrSatisfied
14 Mar 2008Export-Import Bank Of India₹10.00 CrSatisfied
26 Mar 2007Axis Bank Limited₹89.15 CrSatisfied

How Many Employees Work at Deepak Nitrite?

Deepak Nitrite has a workforce of 1731 employees as of Jun 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Deepak Nitrite Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Deepak Nitrite, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Deepak Nitrite's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Deepak Nitrite

Recent activity within the organization

  • Annual General Meeting

    Deepak Nitrite Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Deepak Nitrite Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Girish Raghunath Satarkar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Punit Sanjay Lalbhai was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Vipul Shah was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Prakash Dinkar Samudra was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 8 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Deepak Nitrite Limited?

    Deepak Nitrite Limited was incorporated on 06 Jun 1970.

  • What is authorized share capital and paid-up capital of Deepak Nitrite Limited?

    The authorized share capital of Deepak Nitrite Limited is ₹ 50.00 Cr and paid-up capital is ₹ 27.28 Cr.

  • Who are the current board members & directors of Deepak Nitrite Limited?

    Currently 16 directors are associated with Deepak Nitrite Limited.

    • Sanjay Khatau Asher
    • Dileep Chinubhai Choksi
    • Somsekhar Nanda
    • Purvi Sheth
    • Meghav Deepak Mehta
    • Maulik Deepak Mehta
    • Punit Sanjay Lalbhai
    • Sanjay Bakulchandra Upadhyay
    • Girish Raghunath Satarkar
    • Vipul Shah
    • Prakash Dinkar Samudra
    • Ajay Chimanlal Mehta
    • Deepak Chimanlal Mehta
    • Arvind Rajendrakumar Bajpai
    • Arvind Bajpai
    • Maulik Deepak Mehta

  • What is the registered address of Deepak Nitrite Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Deepak Nitrite Limited is 2Nd Floor Fermenter House Alembic City Avenue Road, India, Vadodara, Gujarat, 390003.

  • What is the corporate identification number (CIN) and company number of Deepak Nitrite Limited?

    The corporate identification number (CIN) of Deepak Nitrite Limited is L24110GJ1970PLC001735 and the company number is 001735 as per Ministry of Corporate Affairs (MCA).

  • Is Deepak Nitrite Limited registered with any stock exchange in India?

    Yes, Deepak Nitrite Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DEEPAKNTR.

  • What is the official website of Deepak Nitrite Limited?

    The Official website of Deepak Nitrite Limited is https://www.godeepak.com

  • What has been the recent revenue trend for Deepak Nitrite Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Deepak Nitrite Limited has risen by 21.43%.

  • How many employees does Deepak Nitrite Limited currently have?

    As Per 2023 financial reports, 1731 employees are currently employed by Deepak Nitrite Limited.

  • What change has been observed in the net worth of Deepak Nitrite Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Deepak Nitrite Limited has experienced an upsurge of 16.36%.

  • What are the total open charges for Deepak Nitrite Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Deepak Nitrite Limited amount to ₹ 470.00 Cr.

  • When was the last Balance Sheet of Deepak Nitrite Limited filed with the ROC?

    The most recent Balance Sheet for Deepak Nitrite Limited was filed with the ROC on 31 Mar 2024.

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