Deepak Nitrite Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Deepak Nitrite's Q3 FY26 consolidated revenue was ₹1,983 Cr (+3% YoY), with EBITDA up 16% to ₹219 Cr, driven by efficiencies. Phenolics showed strong EBIT. Advanced Intermediates faced pricing pressure and higher raw material costs due to delayed nitric acid plant commissioning. Good news: nitric acid, nitration, and hydrogenation plants are now fully integrated, expected to boost margins from Q4 FY26. MIBK/MIBC project commissioning is imminent. Management is cautiously optimistic for a stronger Q4 FY26 and Q1 FY27, citing integration benefits, new products, and favorable trade shifts like US anti-dumping duty removal on sodium nitrite.