Specialty Chemicals & Gases

Deepak Nitrite

DEEPAKNTRNSEMid Cap

Live₹1,857syncing…

Diversified specialty chemicals with potential semicon-grade chemistry optionality.

Market Cap

₹25.3k cr

Price

1857

1Y 4%

Direct exposure

25/100

0–100 directness

Hold

Fundamental

48/ 100

Quality of growth, returns, cash conversion and balance sheet

Technical (TQ-100)

45/ 100

Trend, momentum, volume and relative strength composite

Valuation

50/ 100

Higher = cheaper vs peers and own history

Final composite

49/ 100

Blended decision input

Data transparency

What's real, what's pending, on this page

Real financials loaded

✓ Real / verified

· Live price, day change, market cap — NSE direct
· 1Y OHLCV, RSI(14), 50/200 DMA, 1M/3M/1Y returns, RS vs Nifty — computed from real NSE OHLCV
· Sector P/E — NSE direct
· Promoter %, pledge %, MF/FII/public split, 9-quarter history — Trendlyne
· Earnings call AI summaries — Trendlyne (where available)
· Technical (TQ-100) score — computed from real OHLCV
· Annual revenue / EBITDA / PAT / OCF / FCF / equity / assets — Trendlyne (audited annuals)

⚠ Analyst-set (qualitative)

· Segment classification + semicon directness score — analyst seed
· Bull/bear case + monitorables (curated thesis) — analyst seed
· Governance risk score (seed) — being replaced by AI-agent assessment
· Synthesized 5Y forecast removed entirely (was inaccurate)

Real financials extracted for 42 of 45 companies. See /data-sources for full provenance.

Deepak Nitrite · DEEPAKNTR

₹1,857-0.92% over 6M

Price50 DMA200 DMA

RSI (14)

Momentum oscillator · 6M view

Volume (60D)

Fundamental score (SageOne 100)

48/ 100C

Growth 20 / Margin 15 / ROC 20 / Cash 15 / Leverage 10 / Reinvestment 8 / Accounting 7 / Governance 5 minus red flags (capped -20).

Base 52

Red flags -4

Growth quality/ 20

0.0

Rev 1Y -6.1% · 3Y CAGR 1.2%

Margin & profitability/ 15

9.5

EBITDA 21.2% · PAT 10.3%

Return on capital/ 20

8.0

ROCE 16% · ROE 9%

Cash flow quality/ 15

9.5

OCF/EBITDA 74% · FCF yield 1.0%

Leverage discipline/ 10

10.0

Net Debt/EBITDA -0.40x

Reinvestment runway/ 8

3.9

ROCE × retention proxy

Accounting quality/ 7

6.5

OCF conversion proxy

Governance/ 5

4.1

Pledge 0.0% · Risk 18/100

Red flags (1)

− Declining revenueRev 1Y -6.1%-4

✓ Computed from real Trendlyne annuals (revenue, EBITDA, PAT, OCF, equity).

Technical score (TQ-100)

45/ 100C

Computed from real 1Y OHLCV pulled from NSE direct: trend, momentum, volume, RS vs Nifty, MA cluster, mean reversion, volatility, patterns minus red flags.

Base 55

Red flags -10

Trend structure/ 20

6.8

Below 200DMA · -15% from 52W high

Momentum velocity/ 15

9.8

RSI(14) 46 · 1M 0.0%

Volume dynamics/ 15

10.5

Bucket: Mid Cap

Relative strength/ 15

5.0

RS vs Nifty -10%

MA cluster/ 10

4.5

200DMA + 1Y trend confirmation

Mean-reversion runway/ 10

7.0

RSI(14) 46; ideal 50-60

Volatility profile/ 8

6.8

Bucket: Mid Cap

Pattern integrity/ 7

4.2

Trend continuation proxy

Red flags (1)

− Below 200 DMALong-term trend broken-10

AI research agents

Re-classify segment exposure and re-assess governance risk by running fresh AI agents on the latest data. Results cache to data/agents.json.

Segment classifier

Maps to value-chain segments + computes 0-100 directness

Seed: Specialty Chemicals & Gases · 25/100

Governance assessor

Forensic-accounting flags + 0-100 risk score

Seed: 18/100 risk

AI thesis

Generates a fresh thesis grounded in this company's data. Wires to Anthropic when ANTHROPIC_API_KEY is set, otherwise returns a deterministic mock.

Curated thesis

Analyst-set bull, bear and monitorables · use AI thesis above for a fresh take

Reasonable-quality chemicals compounder; semicon angle is incremental optionality on core franchise.

Bull case

+Diversified portfolio
+Improving ROCE
+Specialty mix shift

Bear case

−Indirect semicon exposure
−Cyclical chemicals demand
−Margin volatility

Key monitorables

Specialty revenue mixMargin sustainabilityCapex announcements

Semiconductor exposure

How direct, how visible

Primary segment

Specialty Chemicals & Gases

All segments

Specialty Chemicals & Gases

Exposure type

Ancillary

Policy beneficiary

Possible

Import substitution

Medium / Low

Governance risk score

18/100 (lower = better)

Financial snapshot

Latest reported metrics · mock data, ready for live financials

Rev growth (1Y)

-6.1%

Rev CAGR (3Y)

1.2%

EBITDA margin

21.2%

PAT margin

10.3%

ROCE

16%

ROE

OCF / EBITDA

74%

Net Debt / EBITDA

-0.4x

Promoter holding

49.2%

Promoter pledge

0.0%

Valuation

P/E (TTM)

46.6

Forward P/E

28.0

EV/EBITDA

44.6

EV/Sales

9.5

P/B

8.6

FCF Yield

1.0%

Dividend Yield

0.30%

Hist. percentile

60%

Peer percentile

60%

Technicals

RSI(14)

1M return

0.0%

1Y return

From 52W high

-15%

RS vs Nifty

-10%

>200 DMA

Annual financials — real data

Extracted from Trendlyne · audited annuals · TTM + last 6 fiscal years

✓ Real

Line	TTM	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	₹2.7k cr	₹2.7k cr	₹2.8k cr	₹3.1k cr	₹2.6k cr	₹1.8k cr	₹2.2k cr
↳ YoY growth	+1.2%	-6.1%	-9.2%	+21.4%	+41.7%	-18.5%	—
EBITDA	₹441 cr	₹567 cr	₹688 cr	₹716 cr	₹550 cr	₹804 cr	₹308 cr
↳ EBITDA margin	16.3%	21.2%	24.1%	22.8%	21.3%	44.1%	13.8%
PAT	₹204 cr	₹276 cr	₹433 cr	₹469 cr	₹486 cr	₹355 cr	₹544 cr
↳ PAT margin	7.5%	10.3%	15.2%	15.0%	18.8%	19.5%	24.3%
OCF	₹254 cr	₹418 cr	₹310 cr	₹228 cr	₹442 cr	₹515 cr	₹281 cr
↳ OCF / EBITDA	57.6%	73.8%	45.1%	31.8%	80.4%	64.1%	91.1%
FCF (= OCF − capex)	₹-78 cr	₹262 cr	₹122 cr	₹69 cr	₹216 cr	₹247 cr	₹203 cr
Total Equity	₹3.1k cr	₹3.0k cr	₹2.6k cr	₹2.3k cr	₹1.8k cr	₹1.5k cr	₹1.1k cr
Total Assets	₹3.6k cr	₹3.4k cr	₹3.0k cr	₹2.6k cr	₹2.2k cr	₹2.0k cr	₹1.8k cr
↳ ROE	6.5%	9.4%	16.5%	20.8%	26.4%	23.8%	51.4%
↳ ROA	5.6%	8.2%	14.2%	17.8%	22.4%	17.3%	29.8%

Source: Trendlyne (Standalone where Consolidated unavailable). Last refresh on real-data ingest.

Promoter pledge & shareholding history

From Trendlyne · 9 quarters · synced Invalid Date

Pledge: 0.0%

Promoter

49.3%

Mutual Funds

11.0%

FII

6.2%

Public

21.0%

Promoter holding trend

49.1

Mar

49.2

Jun

49.2

Sep

49.2

Dec

49.3

Mar

49.3

Jun

49.3

Sep

49.3

Dec

49.3

Mar

Δ:+0.2% over 9 quarters

Commentary

·Promoter stable at 49.3%
·No pledge

Management quality

Capital allocation, debt discipline, alignment, governance composite. Computed from disclosed metrics.

Capital allocation

Acceptable returns on capital, room for sharper allocation.

ROCE 16%, div yield 0.3%

Promoter holding

Moderate promoter holding.

49.2%

Promoter pledge

No pledging — cleanest signal.

0.0%

Debt discipline

Net cash balance sheet.

Net Debt/EBITDA -0.40x

Cash conversion

Reported EBITDA reliably translates into cash.

OCF/EBITDA 74%

Governance composite

Clean governance signals across pledging, RPTs, auditor, KMP pay.

18/100 risk

Variant perception

What the market is pricing in versus our read, and what would invalidate the thesis.

What the market is pricing in

Steady but unspectacular execution. Multiples reflect mid-pack expectations.

What we think it's missing

Consensus appears reasonable. Look for thesis-changing catalysts (margin inflection, new customer wins, segment mix shift) rather than narrative re-rating alone.

Thesis killers

×Demand cycle softens enough to derail margin expansion

References

Wire to live data sources in production

NSE filings Screener BSE corporate filings Annual report (latest)Concall transcript (latest)Investor presentation