What we do Deepak Nitrite Limited manufactures chemical intermediates and specialty chemicals for industries like agrochemicals, pharmaceuticals, dyes, and plastics. |
Founded in 1,970 |
Market share Market leader in phenolics, acetone, isopropyl alcohol, sodium nitrite in India with significant export presence. |
Problem solved Provides essential chemical intermediates reducing import dependence and supporting multiple industrial sectors with value-added products. |
Top clients or who we serve Serves diverse industries including pharmaceuticals, agrochemicals, plastics, textiles, paint, and home & personal care; B2B focus. |
Key management Deepak C. Mehta, Chairman & Managing Director; Maulik Mehta, CEO; Sanjay Upadhyay, CFO. |
Our journey and innovations Founded in 1970, expanded with R&D-driven product portfolio; launched phenol and acetone plants; investing ₹8,500 Crore in integrated polycarbonate production. |
Where we operate Manufacturing in India (Gujarat, Maharashtra, Telangana) and Oman; exports to 50+ countries across six continents. |
Top products or what we offer Advanced Intermediates (nitric acid, toluidines), Phenolics (phenol, acetone, IPA), specialty chemicals, and emerging polycarbonate resin production. |
Top brands Phenol, Acetone, Isopropyl Alcohol (IPA), Sodium Nitrite; largest domestic producers with robust global supply chains. |
Raw materials needed Benzene, propylene, nitric acid, and other petrochemical feedstocks. |
Raw materials supplier Petronet LNG for propylene and hydrogen; diversified sourcing to ensure reliable supply. |
Recurring vs cyclical contribution Revenue mix includes recurring sales from specialty chemicals and cyclical volumes linked to end-user demand. |
Our industry position Among India's top chemical manufacturers with strong integration and wide product portfolio enhancing competitive moat. |
Financial highlights Consolidated revenue ₹8,366 Cr, EBITDA ₹1,176 Cr, PAT ₹697 Cr for FY 2024-25; growing with margin optimization despite market volatility. |
Geographical revenue split Domestic revenue ₹6,923 Cr; exports ₹1,359 Cr, serving over 50 countries globally. |
Order book Strong order pipeline from diversified sectors, underpinned by long-term supply agreements and expanding product lines. |
Whats driving growth Capacity expansions, product diversification, import substitution, and rising demand across pharmaceuticals, agrochemicals, and plastics sectors. |
Our future plans Commission ongoing projects in phenol, acetone, polycarbonate; invest in specialty and fluorination chemistries; double renewable energy uptake by 2027. |
Our green promise Focus on energy efficiency, emission reduction, waste recycling, green chemistry innovation, and extensive CSR programs. |
Our people and values Over 6,100 employees with emphasis on safety, diversity, skill development, and employee wellbeing. |
Key challenges ahead Raw material price volatility, global trade tensions, regulatory compliance, and competitive pressures from low-cost imports. |
Interesting facts Built India’s first integrated polycarbonate plant; operates India’s largest phenol and acetone manufacturing facility; strong R&D with 22 patents granted. |
Risks and strategy Mitigates supply chain and market risks via integration, innovation, cost control, and geographic diversification. |
