Deepak Nitrite Reports Increased Q4 Net Profit and Margins Amid Revenue Decline; Announces ₹7.50 Dividend

Deepak Nitrite Reports Increased Q4 Net Profit and Margins Amid Revenue Decline; Announces ₹7.50 Dividend
Leading chemicals company Deepak Nitrite Ltd announced an 8.56% increase in consolidated net profit for the fourth quarter on Friday (May 14), rising to ₹219.7 crore from ₹202.4 crore during the same period last year.

Quarterly revenue saw a decline of 2.7% year-on-year, totaling ₹2,120.3 crore compared to ₹2,179.7 crore in Q4FY25. However, EBITDA rose by 18.8% to ₹376 crore, up from ₹317 crore a year earlier. The EBITDA margin grew to 17.7%, up from 14.5% in the previous year.

ALSO READ | Deepak Nitrite Q2 net profit decreases significantly due to rising input costs and margin pressures
The board of directors has proposed a dividend of ₹7.50 per equity share (375%) for the year ending March 31, 2026, pending shareholder approval at the 55th annual general meeting. If approved, the dividend will be disbursed within 30 days following the AGM on 13,63,93,041 equity shares with a face value of ₹2 each. Deepak C Mehta, Chairman & Managing Director, remarked, “FY2025–26 presented challenges for the global chemical sector, characterized by ongoing pricing pressures across chemical value chains and persistent disruptions in global trade.

Despite these external challenges, our core businesses demonstrated resilience throughout the year, achieving consistent performance. Effective cost management and a balanced market strategy allowed us to maintain operational momentum.

ALSO READ | Deepak Nitrite subsidiary starts operations at a ₹515-crore nitric acid plant in Gujarat

As we look forward, recent trends in key export markets offer reasons for cautious optimism. Accordingly, we are intensifying our focus on innovation, new product development, and broadening our geographical and chemical reach.

As we continue to enhance various value chains, our strategic focus remains on deep integration—both within and between these chains. This methodology not only boosts margins and resilience throughout business cycles but also enhances resource efficiency and minimizes our environmental impact.

Shares of Deepak Nitrite Ltd closed at ₹1,812.15, down by ₹25.90, or 1.41%, on the BSE today, May 15.

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