Deepak Nitrite Limited
Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine& Speciality Chemicals, PerformanceProducts, and Phenolics
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Deepak Nitrite's wholly-owned subsidiary, Deepak Chem Tech (DCTL), received a ₹175 Cr capital infusion from Deepak Phenolics and Deepak Nitrite. This strengthens DCTL's capital base, funding projects and general corporate purposes.
Deepak Nitrite's Board of Directors' revised composition is now effective. Independent Director Shri Diteep Choksi has ceased his tenure. This formalizes announced changes, offering clarity on the leadership team for investors.
Deepak Nitrite's subsidiary Deepak Chem Tech commissioned its Methyl Isobutyl Ketone & Carbinol plant at Dahej. This operational expansion, costing ~₹735 Cr, enhances manufacturing capacity.
Deepak Nitrite hit record quarterly Revenue (₹2,592 Cr, +35% YoY), EBITDA (₹554 Cr, +159% YoY), & PAT (₹345 Cr, +207% YoY). Phenolics also saw record performance. Major Polycarbonate project is on track, enhancing supply chain integration and resilience.
Deepak Nitrite's subsidiary approved a ₹2,500 Cr greenfield project to manufacture Bisphenol A (240 KTA). This strategic move integrates its value chain, serving captive Polycarbonate needs and expanding into India's growing BPA market.