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Realtime updates for Deepak Nitrite Limited [DEEPAKNTR.NS]

Exchange: NSE Sector: Basic Materials Industry: Chemicals
Upcoming Earnings Alert

Quarter results today
(bmo 2024-05-09)

Expected move: +/- 3.35%

Last Updated9 May 2024 @ 06:00

-2.72% INR 2 435.80

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 06:00):

Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals...

Stats
Today's Volume 211 560
Average Volume 360 813
Market Cap 332.23B
EPS INR0 ( 2024-05-08 )
Next earnings date ( INR0 ) 2024-08-02
Last Dividend INR7.50 ( 2023-07-27 )
Next Dividend INR0 ( N/A )
P/E 41.95
ATR14 INR4.17 (0.17%)

Volume Correlation

Long: 0.25 (neutral)
Short: 0.49 (neutral)
Signal:(41.252) Neutral

Deepak Nitrite Limited Correlation

10 Most Positive Correlations
DHARMAJ.NS0.938
PIDILITIND.NS0.934
BRFL.NS0.925
MASKINVEST.NS0.913
AARTIIND.NS0.91
PAGEIND.NS0.906
CEREBRAINT.NS0.896
SJVN.NS0.893
ASIANPAINT.NS0.893
COCHINSHIP.NS0.891
10 Most Negative Correlations
MBAPL.NS-0.862
JIKIND.NS-0.849
JSL.NS-0.831
MAHINDCIE.NS-0.829
HEXAWARE.NS-0.828
SUNFLAG.NS-0.826
DFMFOODS.NS-0.819
GRPLTD.NS-0.816
BLUECOAST.NS-0.815
GTNIND.NS-0.808

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Deepak Nitrite Limited Correlation - Currency/Commodity

The country flag 0.19
( neutral )
The country flag -0.05
( neutral )
The country flag -0.20
( neutral )
The country flag -0.38
( neutral )
The country flag 0.00
( neutral )
The country flag -0.16
( neutral )

Deepak Nitrite Limited Financials

Annual 2022
Revenue: INR79.72B
Gross Profit: INR20.83B (26.12 %)
EPS: INR62.46
FY 2022
Revenue: INR79.72B
Gross Profit: INR20.83B (26.12 %)
EPS: INR62.46
FY 2022
Revenue: INR67.73B
Gross Profit: INR22.07B (32.59 %)
EPS: INR78.20
FY 2021
Revenue: INR43.33B
Gross Profit: INR17.91B (41.33 %)
EPS: INR56.88

Financial Reports:

No articles found.

Deepak Nitrite Limited Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR7.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR7.50
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Deepak Nitrite Limited Dividend Information - Dividend Junior

Dividend Sustainability Score: 4.49 - low (49.30%) | Divividend Growth Potential Score: 3.52 - Decrease likely (29.51%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR0.600 2011-07-26
Last Dividend INR7.50 2023-07-27
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 13 --
Total Paid Out INR29.70 --
Avg. Dividend % Per Year 0.25% --
Score 1.93 --
Div. Sustainability Score 4.49
Div.Growth Potential Score 3.52
Div. Directional Score 4.01 --
Next Divdend (Est)
(2024-06-26)
INR8.70 Estimate 3.11 %
Dividend Stability
0.25 Very Poor
Dividend Score
1.93
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
2011 INR0 0.00%
2012 INR0 0.00%
2013 INR0 0.00%
2014 INR0 0.00%
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR1.300 0.51%
2019 INR2.00 0.89%
2020 INR4.50 1.20%
2021 INR1.000 0.10%
2022 INR7.00 0.28%
2023 INR7.50 0.38%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
RHIM.NS No Dividend Player 2023-09-14 Annually 13 0.41%
KTKBANK.NS Dividend Junior 2023-08-22 Annually 24 2.55%
FINPIPE.NS Dividend Junior 2023-08-21 Annually 23 0.73%
ANURAS.NS Dividend Junior 2023-05-15 Semi-Annually 4 0.14%
TATAPOWER.NS Dividend Junior 2023-06-07 Annually 29 0.85%
NOCIL.NS Dividend Junior 2023-07-24 Annually 19 1.11%
INDOBORAX.NS Dividend Junior 2023-08-11 Annually 3 0.35%
COALINDIA.NS Dividend King 2023-08-18 Semi-Annually 14 6.39%
SBC.NS Dividend Junior 2023-09-18 Insufficient data to determine frequency 2 0.11%
MAHINDCIE.NS Dividend Junior 2023-06-02 Annually 3 0.66%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1051.5007.9110.00[0 - 0.5]
returnOnAssetsTTM01.20000[0 - 0.3]
returnOnEquityTTM0.1881.5009.0310.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM00.800-5.00-4.00[1 - 3]
quickRatioTTM00.800-4.71-3.76[0.8 - 2.5]
cashRatioTTM01.500-1.111-1.667[0.2 - 2]
debtRatioTTM0-1.50000[0 - 0.6]
interestCoverageTTM88.191.00010.0010.00[3 - 30]
operatingCashFlowPerShareTTM23.482.002.174.35[0 - 30]
freeCashFlowPerShareTTM23.482.0010.0010.00[0 - 20]
debtEquityRatioTTM0-1.50000[0 - 2.5]
grossProfitMarginTTM0.2851.0008.588.58[0.2 - 0.8]
operatingProfitMarginTTM0.1391.0009.229.22[0.1 - 0.6]
cashFlowToDebtRatioTTM01.000-1.111-1.111[0.2 - 2]
assetTurnoverTTM00.800-3.33-2.67[0.5 - 2]
Total Score4.49

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM43.131.0005.740[1 - 100]
returnOnEquityTTM0.1882.509.3710.00[0.1 - 1.5]
freeCashFlowPerShareTTM23.482.002.1710.00[0 - 30]
dividendYielPercentageTTM0.3001.5002.500[0 - 0.4]
operatingCashFlowPerShareTTM23.482.002.174.35[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM1.1511.5005.660[0.5 - 2]
operatingCashFlowSalesRatioTTM0.04241.000-1.4400[0.1 - 0.5]
Total Score3.52

Deepak Nitrite Limited

Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals. It also provides products for agro-chemicals, colorants, pigments, pharmaceuticals, and personal wellness products. In addition, the company offers optical brighteners; and products for paper, detergent, coating, and textile industries. Further, it provides phenols, cumene, isopropyl alcohol, and acetone. The company also exports its products primarily to Europe, the United States, Japan, Latin America, the Middle East, and the Far East. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.

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