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DEEPAKNTR - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 3.2

Stock Code DEEPAKNTR Market Cap 23,690 Cr. Current Price 1,737 ₹ High / Low 2,174 ₹
Stock P/E 112 Book Value 232 ₹ Dividend Yield 0.43 % ROCE 10.1 %
ROE 8.22 % Face Value 2.00 ₹ DMA 50 1,551 ₹ DMA 200 1,693 ₹
Chg in FII Hold 0.13 % Chg in DII Hold 0.26 % PAT Qtr 15.5 Cr. PAT Prev Qtr 112 Cr.
RSI 72.0 MACD 73.2 Volume 2,76,606 Avg Vol 1Wk 1,89,923
Low price 1,280 ₹ High price 2,174 ₹ PEG Ratio -5.70 Debt to equity 0.01
52w Index 51.1 % Qtr Profit Var -10.3 % EPS 15.0 ₹ Industry PE 28.9

📊 Deepak Nitrite (DEEPAKNTR) shows weak fundamentals despite its large market cap of ₹23,690 Cr. ROE (8.22%) and ROCE (10.1%) are modest, reflecting limited efficiency. Debt-to-equity at 0.01 ensures financial stability, but EPS of ₹15.0 is low relative to valuation. Dividend yield of 0.43% adds minor shareholder value. Quarterly PAT dropped sharply (112 Cr → 15.5 Cr, -10.3%), raising concerns about earnings volatility. Valuation is severely stretched with P/E (112) compared to industry average (28.9), while PEG ratio (-5.70) signals poor growth-adjusted value. Technicals show strong bullish momentum with RSI (72.0), MACD (73.2), and price trading above both 50 DMA (1,551 ₹) and 200 DMA (1,693 ₹).

🎯 Entry Zone: 1,710 ₹ – 1,730 ₹ (near DMA support)

📌 Long-Term Holding: Risky due to weak earnings and extreme overvaluation. Suitable only for cautious accumulation with strict stop-loss discipline. Long-term compounding potential is limited unless profitability improves significantly.

Positive

  • Price trading above both 50 DMA and 200 DMA confirms bullish bias.
  • Strong volume participation supports momentum.
  • Low debt-to-equity (0.01) ensures financial stability.
  • Institutional inflows with FII (+0.13%) and DII (+0.26%).

Limitation

  • Extremely high P/E (112) vs industry average (28.9).
  • Weak ROE (8.22%) and ROCE (10.1%).
  • Quarterly PAT decline (-10.3%) highlights earnings weakness.
  • Negative PEG ratio (-5.70) indicates poor growth-adjusted valuation.
  • RSI above 70 signals overbought conditions.

Company Negative News

  • Sharp decline in quarterly PAT raises concerns about operational performance.
  • Profit variation (-10.3%) highlights earnings volatility.

Company Positive News

  • Institutional inflows (FII and DII) show confidence despite earnings weakness.
  • Strong historical price performance with 52w Index at 51.1%.

Industry

  • Industry P/E at 28.9 is far lower than DEEPAKNTR’s 112, highlighting valuation risk.
  • Chemicals sector remains cyclical, influenced by demand and input costs.

Conclusion

⚠️ DEEPAKNTR is trending upward with strong technical momentum, supported by volume and institutional inflows. Entry near 1,710–1,730 ₹ offers favorable positioning, with exits around 1,770–1,800 ₹. However, sharp earnings decline and stretched valuations warrant cautious accumulation, with strict stop-loss management near 1,700 ₹.

This structured HTML report captures Deepak Nitrite’s strong technical momentum but highlights its earnings weakness and severe overvaluation. If you’d like, I can extend this into a peer benchmarking overlay against other chemical companies like Aarti Industries or Atul Ltd to show relative positioning. Would you like me to prepare that next?

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