Deepak Nitrite Limited

NSE DEEPAKNTR.NS

Deepak Nitrite Limited Interest Coverage Ratio for the year ending March 31, 2024: 74.35

Deepak Nitrite Limited Interest Coverage Ratio is 74.35 for the year ending March 31, 2024, a 57.12% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Deepak Nitrite Limited Interest Coverage Ratio for the year ending March 31, 2023 was 47.32, a 9.19% change year over year.
  • Deepak Nitrite Limited Interest Coverage Ratio for the year ending March 31, 2022 was 43.34, a 186.96% change year over year.
  • Deepak Nitrite Limited Interest Coverage Ratio for the year ending March 31, 2021 was 15.10, a 84.46% change year over year.
  • Deepak Nitrite Limited Interest Coverage Ratio for the year ending March 31, 2020 was 8.19, a 77.86% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NSE: DEEPAKNTR.NS

Deepak Nitrite Limited

CEO Mr. Maulik Deepak Mehta
IPO Date Sept. 29, 2010
Location India
Headquarters Aaditya-I
Employees 1,720
Sector Materials
Industries
Description

Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals. It also provides products for agro-chemicals, colorants, pigments, pharmaceuticals, and personal wellness products. In addition, the company offers optical brighteners; and products for paper, detergent, coating, and textile industries. Further, it provides phenols, cumene, isopropyl alcohol, and acetone. The company also exports its products primarily to Europe, the United States, Japan, Latin America, the Middle East, and the Far East. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.

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StockViz Staff

January 15, 2025

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