{"id":142917,"date":"2023-02-27T10:07:08","date_gmt":"2023-02-27T15:07:08","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142917"},"modified":"2023-02-27T10:07:10","modified_gmt":"2023-02-27T15:07:10","slug":"earnings-deepak-nitrite-ltd-nsedeepakntr-q3fy23-results-out-total-income-rise-14-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-deepak-nitrite-ltd-nsedeepakntr-q3fy23-results-out-total-income-rise-14-yoy\/","title":{"rendered":"Earnings | Deepak Nitrite Ltd. (NSE:DEEPAKNTR): Q3FY23 Results Out; Total Income rise 14% YoY"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/deepakntr\/\">Deepak Nitrite Ltd. (NSE:DEEPAKNTR)<\/a> is a chemical manufacturing company based in India. The company operates in three main business segments: Basic Chemicals, Fine and Speciality Chemicals, and Performance Products. Their product portfolio includes a wide range of chemicals such as phenol, acetone, aniline, nitro toluene, and more. The company has a strong presence in both domestic and international markets, with customers in over 30 countries. They have manufacturing facilities located in various parts of India and have invested in R&amp;D to develop new products and improve their existing ones.<\/p>\n\n\n\n<p>Deepak Nitrite Ltd. reported a revenue growth of 16% YoY and flat growth sequentially to 1991Cr in Q3FY23, led by strong volume in both segments. However, EBITDA declined by 11% and grew by 16% QoQ to 315Cr, with EBITDA margin declining by 400 bps to 16% YoY and slightly improving by 200 bps sequentially. PAT declined by 14% YoY &amp; grew by 20% to 209Cr in Q3FY23 v\/s 242Cr in Q3FY22. The Advance Intermediates segment grew by 19% YoY &amp; QoQ to `818Cr in Q3FY23, supported by higher demand for key products. However, EBIT margins dropped by 300 bps to 18% YoY due to the increase in input cost and lag effect in passing on the prices to customers. The company recorded the highest ever production of DASDA and OBA in Q3FY23. <\/p>\n\n\n\n<p>The Phenolics segment declined by 31% YoY &amp; up by 24% QoQ to `127Cr in Q3FY23, led by over 100% capacity utilization of the plants. EBIT margins dropped to 11% YoY, owing to moderation in prices of products. The company reported a strong CAGR of 38% in revenue, 63% in EBITDA, and 62% PAT over FY17-FY22. Over the years, the company has successfully diversified into different business segments, newer geographies, and new clients, thus providing a competitive edge over peers. In its next leg of growth, the company expects to introduce downstream products and complex chemistry platforms for which it is already investing a capex of `1500Cr, stretched over the next 2 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deepak Nitrite Ltd. (NSE:DEEPAKNTR) is a chemical manufacturing company based in India. The company operates in three main business segments: Basic Chemicals, Fine and Speciality Chemicals, and Performance Products. Their product portfolio includes a wide range of chemicals such as phenol, acetone, aniline, nitro toluene, and more. The company has a strong presence in both [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[8519],"class_list":["post-142917","post","type-post","status-publish","format-standard","hentry","category-earnings","category-industrials","tag-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140416,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-ltd-nse-deepakntr-q3-fy23-results-out-total-income-rises-14-yoy\/","url_meta":{"origin":142917,"position":0},"title":"Deepak Nitrite Ltd.(NSE: DEEPAKNTR)| Q3 FY23 Results Out| Total Income rises 14% yoy","author":"Divyansh_Kasana","date":"February 7, 2023","format":false,"excerpt":"Deepak Nitrite Ltd.(NSE: DEEPAKNTR) is an Indian chemical company. The company's manufacturing facilities are located in Nandesari and Dahej in Gujarat,\u00a0roha and Taloja\u00a0in Maharashtra and Hyderabad in Telangana. Deepak Nitrite manufactures a wide range of chemical products including agrochemicals, dyes, rubbers, pharmaceuticals, specialty chemicals and fine chemicals. Deepak Nitrite's solid\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d07649c7-f95e-4d1e-8baf-5fa3bbc2bcb1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171150,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-q1-fy26-earnings-results\/","url_meta":{"origin":142917,"position":1},"title":"Deepak Nitrite Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 11, 2025","format":false,"excerpt":"Deepak Nitrite Ltd, incorporated in 1970, manufactures basic intermediates, fine & specialty chemicals, performance products, and phenolics. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results: Revenue: \u20b91,890 crore, down 12.78% year-on-year YoY from \u20b92,167 crore Total Expenses: \u20b91,759 crore, down 7.95% YoY from \u20b91,911 crore Consolidated Net\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"DEEPAKNTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/NTR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180681,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-navigates-global-volatility-with-vertical-integration-in-q3-fy26\/","url_meta":{"origin":142917,"position":2},"title":"Deepak Nitrite Navigates Global Volatility with Vertical Integration in Q3 FY26","author":"Staff Correspondant","date":"February 13, 2026","format":false,"excerpt":"Deepak Nitrite Limited (NSE:DEEPAKNTR) is a leading Indian chemical intermediates producer with a diversified portfolio across phenolics, advanced intermediates, nitrites, amines, and specialty chemicals. Operating seven manufacturing facilities in India and exporting to over 50 countries, the company serves sectors such as agrochemicals, pharmaceuticals, and specialty chemicals. Vertical integration and\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":136562,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-limited-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":142917,"position":3},"title":"Deepak Nitrite Limited Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"November 11, 2022","format":false,"excerpt":"Key highlights from Deepak Nitrite Limited (DEEPAKNTR) Q2 FY23 Earnings Concall Q&A Highlights: [00:18:03] Nirav Jimudia from Anvil Research asked that based on the greenfield and brownfield expansions announced, what number of years would it take for sales doubling. Maulik Mehta CEO replied that same trajectory of revenue growth may\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":132941,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":142917,"position":4},"title":"Deepak Nitrite Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 11, 2022","format":false,"excerpt":"https:\/\/youtu.be\/krErJUJ_nho Key highlights from Deepak Nitrite Limited (DEEPAKNTR) Q1 FY23 Earnings Concall Management Update: DEEPAKNTR said that the company is increasing its capacity for in-house waste treatment and is expected to result in a decrease in its footprint. The company added that this would be increasing its ability to backward\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128931,"url":"https:\/\/alphastreet.com\/india\/deepak-nitrite-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142917,"position":5},"title":"Deepak Nitrite Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 6, 2022","format":false,"excerpt":"https:\/\/youtu.be\/TAB6P1oK1Z8 Key highlights from Deepak Nitrite Limited (DEEPAKNTR) Q4 FY22 Earnings Concall Q&A Highlights: Naresh Vaswani of Sameeksha Capital asked about the capex of INR1,500 crores, the revenue expected to be generated out of this and the timeline. Maulik Mehta ED replied that capex is spanning across products that are\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142917"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142917\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}