Shares of Deepak Nitrite Ltd. will remain in focus after a mixed response from brokerages following its Q4FY26 results. While Emkay Global upgraded the stock to ‘Buy’ citing strong earnings momentum and margin recovery, Motilal Oswal Financial Services (MOSL) maintained a ‘Sell’ rating, pointing to ongoing margin pressures in key segments despite stable operational performance.
Deepak Nitrite reported a steady performance for the fourth quarter, with consolidated net profit rising 8.56 per cent year-on-year to Rs 219.7 crore, compared to Rs 202.4 crore in the corresponding period last year.
However, revenue for the quarter saw a marginal decline of 2.7 per cent to Rs 2,120.3 crore from Rs 2,179.7 crore a year ago. Operating performance remained strong, with EBITDA increasing 18.8 per cent to Rs 376 crore from Rs 317 crore, while EBITDA margin expanded to 17.7 per cent from 14.5 per cent in Q4FY25.
The company’s board has recommended a dividend of Rs 7.50 per equity share (375 per cent) for the financial year ended March 31, 2026, subject to shareholder approval at the 55th annual general meeting. If approved, the dividend will be distributed within 30 days of the AGM and will be paid on 13,63,93,041 equity shares of face value Rs 2 each.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
