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- SOLAR INDUSTRIES - DEEPAK NITRITE
SOLAR INDUSTRIES vs DEEPAK NITRITE - Comparison Results
DEEPAK NITRITE 
Deepak Nitite manufactures sodium nitrite, sodium nitrate, nitroaromatics, nitric acid, dyes and dye intermediates. The company`s plants are located at Nandesari Dist. Baroda (Gujarat) and Pune (Maharashtra).
Current Valuations
| SOLAR INDUSTRIES | DEEPAK NITRITE | SOLAR INDUSTRIES/ DEEPAK NITRITE |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 50.5 | 43.1 | 117.0% | View Chart |
| P/BV | x | 10.0 | 20.1 | 49.8% | View Chart |
| Dividend Yield | % | 0.4 | 0.1 | 345.7% |
Financials
 SOLAR INDUSTRIES  DEEPAK NITRITE |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| SOLAR INDUSTRIES Mar-19 |
DEEPAK NITRITE Mar-19 |
SOLAR INDUSTRIES/ DEEPAK NITRITE |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,320 | 305 | 432.8% | |
| Low | Rs | 924 | 205 | 451.4% | |
| Sales per share (Unadj.) | Rs | 1,360.7 | 198.0 | 687.4% | |
| Earnings per share (Unadj.) | Rs | 153.0 | 12.7 | 1,201.7% | |
| Cash flow per share (Unadj.) | Rs | 185.6 | 18.4 | 1,006.5% | |
| Dividends per share (Unadj.) | Rs | 6.00 | 2.00 | 300.0% | |
| Dividend yield (eoy) | % | 0.5 | 0.8 | 68.1% | |
| Book value per share (Unadj.) | Rs | 684.5 | 78.6 | 871.3% | |
| Shares outstanding (eoy) | m | 18.09 | 136.39 | 13.3% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.8 | 1.3 | 64.0% | |
| Avg P/E ratio | x | 7.3 | 20.0 | 36.6% | |
| P/CF ratio (eoy) | x | 6.0 | 13.8 | 43.7% | |
| Price / Book Value ratio | x | 1.6 | 3.2 | 50.5% | |
| Dividend payout | % | 3.9 | 15.7 | 25.0% | |
| Avg Mkt Cap | Rs m | 20,293 | 34,752 | 58.4% | |
| No. of employees | `000 | 2.1 | 1.4 | 152.7% | |
| Total wages/salary | Rs m | 1,842 | 1,798 | 102.5% | |
| Avg. sales/employee | Rs Th | 11,834.5 | 19,823.2 | 59.7% | |
| Avg. wages/employee | Rs Th | 885.6 | 1,319.9 | 67.1% | |
| Avg. net profit/employee | Rs Th | 1,330.8 | 1,275.1 | 104.4% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 24,616 | 26,999 | 91.2% | |
| Other income | Rs m | 147 | 151 | 97.4% | |
| Total revenues | Rs m | 24,763 | 27,150 | 91.2% | |
| Gross profit | Rs m | 4,959 | 4,139 | 119.8% | |
| Depreciation | Rs m | 589 | 778 | 75.7% | |
| Interest | Rs m | 499 | 833 | 59.9% | |
| Profit before tax | Rs m | 4,019 | 2,680 | 150.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 1,251 | 943 | 132.6% | |
| Profit after tax | Rs m | 2,768 | 1,737 | 159.4% | |
| Gross profit margin | % | 20.1 | 15.3 | 131.4% | |
| Effective tax rate | % | 31.1 | 35.2 | 88.4% | |
| Net profit margin | % | 11.2 | 6.4 | 174.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 9,684 | 11,617 | 83.4% | |
| Current liabilities | Rs m | 7,204 | 8,836 | 81.5% | |
| Net working cap to sales | % | 10.1 | 10.3 | 97.8% | |
| Current ratio | x | 1.3 | 1.3 | 102.3% | |
| Inventory Days | Days | 42 | 56 | 75.5% | |
| Debtors Days | Days | 59 | 78 | 76.1% | |
| Net fixed assets | Rs m | 12,204 | 17,497 | 69.8% | |
| Share capital | Rs m | 181 | 273 | 66.3% | |
| "Free" reserves | Rs m | 12,202 | 10,443 | 116.8% | |
| Net worth | Rs m | 12,383 | 10,716 | 115.6% | |
| Long term debt | Rs m | 1,556 | 8,699 | 17.9% | |
| Total assets | Rs m | 22,820 | 29,278 | 77.9% | |
| Interest coverage | x | 9.1 | 4.2 | 214.7% | |
| Debt to equity ratio | x | 0.1 | 0.8 | 15.5% | |
| Sales to assets ratio | x | 1.1 | 0.9 | 117.0% | |
| Return on assets | % | 14.3 | 8.8 | 163.1% | |
| Return on equity | % | 22.4 | 16.2 | 137.9% | |
| Return on capital | % | 32.4 | 18.1 | 179.1% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 2,782 | 5,791 | 48.0% | |
| Fx outflow | Rs m | 1,046 | 3,181 | 32.9% | |
| Net fx | Rs m | 1,736 | 2,610 | 66.5% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 2,585 | 637 | 405.8% | |
| From Investments | Rs m | -1,984 | -1,626 | 122.1% | |
| From Financial Activity | Rs m | -515 | 924 | -55.8% | |
| Net Cashflow | Rs m | 85 | -65 | -131.5% | |
Share Holding
| Indian Promoters | % | 71.7 | 8.7 | 824.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 19.1 | 11.7 | 163.2% | |
| FIIs | % | 1.1 | 0.5 | 220.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 8.1 | 79.1 | 10.2% | |
| Shareholders | 5,036 | 11,411 | 44.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare SOLAR INDUSTRIES With: INDIA GLYCOLS GHCL AARTI INDUSTRIES VINATI ORGANICS FOSECO INDIA
Today's Market
A Time Correction in the Nifty(Momentum Moves)
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Related Views on News
SOLAR INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 25.2% (Quarterly Result Update)
Feb 1, 2021 | Updated on Feb 1, 2021For the quarter ended December 2020, SOLAR INDUSTRIES has posted a net profit of Rs 814 m (up 25.2% YoY). Sales on the other hand came in at Rs 6 bn (up 15.1% YoY). Read on for a complete analysis of SOLAR INDUSTRIES's quarterly results.
DEEPAK NITRITE Announces Quarterly Results (1QFY21); Net Profit Down 40.7% (Quarterly Result Update)
Aug 18, 2020 | Updated on Aug 18, 2020For the quarter ended June 2020, DEEPAK NITRITE has posted a net profit of Rs 636 m (down 40.7% YoY). Sales on the other hand came in at Rs 4 bn (down 36.3% YoY). Read on for a complete analysis of DEEPAK NITRITE's quarterly results.
DEEPAK NITRITE Announces Quarterly Results (4QFY20); Net Profit Up 105.5% (Quarterly Result Update)
May 29, 2020 | Updated on May 29, 2020For the quarter ended March 2020, DEEPAK NITRITE has posted a net profit of Rs 1 bn (up 105.5% YoY). Sales on the other hand came in at Rs 5 bn (up 8.1% YoY). Read on for a complete analysis of DEEPAK NITRITE's quarterly results.
SOLAR INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 11.7% (Quarterly Result Update)
Feb 17, 2020 | Updated on Feb 17, 2020For the quarter ended December 2019, SOLAR INDUSTRIES has posted a net profit of Rs 650 m (down 11.7% YoY). Sales on the other hand came in at Rs 6 bn (down 14.1% YoY). Read on for a complete analysis of SOLAR INDUSTRIES's quarterly results.
SOLAR INDUSTRIES Announces Quarterly Results (2QFY20); Net Profit Up 57.5% (Quarterly Result Update)
Nov 14, 2019 | Updated on Nov 14, 2019For the quarter ended September 2019, SOLAR INDUSTRIES has posted a net profit of Rs 866 m (up 57.5% YoY). Sales on the other hand came in at Rs 5 bn (down 2.7% YoY). Read on for a complete analysis of SOLAR INDUSTRIES's quarterly results.
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