Deepak Nitrite Limited Q4 Results 2026 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated May 14, 2026 3 min read

Deepak Nitrite faces a complex operating environment as it balances aggressive capacity expansion with persistent pricing pressures from global chemical trade flows. Investors will be looking for updates on the commissioning of key projects like the MIBK/MIBC plant and the long-term trajectory of the Rs. 8,500 Crore polycarbonate project.

Quick Details
Results dateMay 15, 2026
QuarterQ4
Previous quarter revenueRs. 1,983.47 Crore
Previous quarter PATRs. 330.83 Crore
Previous quarter EBITDA margin11%
Net debt (latest quarter)Rs. 256 Crore
Market capRs. 25,164.55 Cr
CMPRs. 1845.0

Deepak Nitrite Limited Q4 Results Date and Time

The board meeting is scheduled for May 15, 2026, to consider the audited financial results and recommend dividend for FY2026.

What to expect from Deepak Nitrite Limited's Q4 FY26 results

In its most recently reported quarter, Deepak Nitrite posted revenue of Rs. 1,983.47 Crore, PAT of Rs. 330.83 Crore, and an EBITDA margin of 11%. The Phenolics segment remains a key driver, having recorded 20% year-on-year EBIT growth in Q3 FY26 on the back of higher sales volumes and process optimization. Management continues to navigate significant margin headwinds driven by aggressive pricing from Chinese producers and uneven demand in the agrochemical intermediates segment. The upcoming call will likely focus on the operational status of new projects, including the MIBK/MIBC plant and the Nitric Acid facility at Nandesari, which are critical to the company's long-term integration strategy.

Key Things To Watch

Performance vs Guidance Tracking

  • FY26 Capex: tracking toward the target of Rs. 1,200-1,300 Crore
  • MIBK/MIBC Commissioning: scheduled for completion by March 2026
  • Nitric Acid Commissioning: targeted for Q2 FY2025-26
  • Polycarbonate Project: commissioning target remains Q4 FY2027-28

Strategic execution and capex updates

  • Progress on the Rs. 8,500 Crore polycarbonate project and associated propylene supply arrangements
  • Construction timeline for the Praxair HyCO plant required for the Dahej facility
  • Status of the Rs. 100 Crore R&D center at Savli

Risks and headwinds to monitor

  • Competitive pressure from low-cost Chinese imports impacting market stability
  • Regulatory liability of Rs. 4.31 Crore following the April 2026 GST order
  • Potential project delays if propylene supply chain disruptions occur

Frequently Asked Questions

When will Deepak Nitrite announce Q4 FY 2025-2026 results?

Deepak Nitrite is scheduled to announce its Q4 FY 2025-2026 results on May 15, 2026.

Will Deepak Nitrite announce a dividend with these results?

Yes, the board meeting intimation includes the agenda to consider and recommend a dividend for FY2026.

What was Deepak Nitrite's revenue in its previous quarter?

Deepak Nitrite reported a total income of Rs. 1,983.47 Crore for the quarter ended Q3 FY 2025-2026.

What is the status of the company's debottlenecking capacity growth?

Management has clarified that the 10% debottlenecking capacity growth target was achieved several quarters ago. The team continues to identify new optimization opportunities that generally require zero or insignificant capital expenditure.

How does management view the timeline for the polycarbonate project?

Management expects the polycarbonate project to go on stream during the January-March 2028 quarter. They are pursuing an integrated approach to ensure all project components come online simultaneously.

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