Improving Life Through Innovative Science

"We began with the goal of being self reliant. But destiny took us beyond boundaries. It is our duty to imagine limitless possibilities and then achieve it.''
D.C. Mehta, Managing Director

Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals and a world leader in 2,4 and 2,6 Xylidine. Working with our partners, customers, we seek to find better ways to meet market demands, using innovative processes and methods. Our people, our technologies and our years of expertise unite to deliver superior products and services that improve life.

Deepak Nitrite is the preferred business partner of chemical majors worldwide in Pharma, Rubber, Colourants and Imaging chemicals. Headquartered at Pune, we are a multi-division and multi-product company that has manufacturing facilities at Nandesari, in Gujarat and at Pune, Roha and Taloja in Maharashtra and Hyderabad in Andhra Pradesh, all of them complying with ISO 9001:2000 standards.

We are poised to take on the opportunities offered by globalization, increasing shareholder value, improving opportunities for our employees, driving greater innovation and seeking sustainable solutions for the world. We are a signatory to the Responsible Care initiative and are committed to ethical business practices.

News

DEEPAK NITRITE ANNOUNCES Q4 & FY10 RESULTS

Deepak Nitrite Ltd. has announced its results for Q4 & FY10. The company reported a PAT of Rs. 6.61 crore for the quarter which was 54% higher than Rs. 4.29 crore in Q4FY09. Revenues of Rs. 162.07 crore in Q4FY10 were higher by 7.4% when compared to revenues of Rs.150.93 crore in Q4FY09. The company was able to drive savings in Interest cost which was lower by 56% at Rs. 1.46 crore in Q4FY10 compared to Rs. 3.40 crore in Q4FY09. View the report.

Commenting on the results, Mr. Deepak C. Mehta, Vice Chairman & Managing Director, said, “We have been able to navigate global challenges this year by posting a second consecutive year of turnover in excess of Rs. 500 crore. Our prudent financial policies have helped us offset the impact of the unpredictable operating environment and resultant currency fluctuations. Although prices of raw materials and finished products were lower than last year, we have been able to considerably increase our volumes. The stabilizing macro-environment coupled with an improved demand outlook from the industries we serve, provides us good visibility of business. In addition to this, our efforts to expand our portfolio of offerings with products developed in-house also provides with opportunities. We are well placed to meet the future demand through our plan of de-bottlenecking existing facilities, expanding capacity at existing plants and a plan to set up new capacity at Dahej.”