Deepak Nitrite, since 1970, is a leading intermediates company in the Indian chemical industry. The company serves numerous industries and has many applications with a portfolio of several international quality products. With many years of expertise in chemical innovation and backed by a world-class manufacturing facility, global-quality standards, and sustainable innovation, the company forays into compounded polymers is a natural extension of its leadership in phenol chemistry to drive India's self-reliance in specialty plastics while reducing import dependency. 

The company is distinguished by its unmatched R&D capabilities and manufacturing prowess, enabling it to deliver innovative, high-quality products that align with evolving consumer demands. With integrated operations, operational efficiency, robust supply chain, and strong financial position, the company is poised to stand apart as an agile and resilient player and retain its market leadership.

The company’s products are manufactured across various locations, which are all accredited by Responsible Care. The company is certified by Ecovadis, TfS and is also a part of the Nicer Globe Alliance. Focusing on the Triple Bottomline principle of People, Planet, Profit, the company deploys globally benchmarked standards & systems.

Business area of the company

Deepak Nitrite is a prominent chemical manufacturing company. The company has a diversified portfolio that caters to the dyes and pigments, agrochemical, pharmaceutical, plastics, textiles, paper and home, and personal care segments and Petro derivates intermediates -phenolics, acetone and IPA in India, and overseas.

Segments of the company 

Advanced Intermediates (AI): The company’s AI segment demonstrated resilience amid a challenging external environment, delivering volume growth despite sectoral headwinds. The company remains the domestic market leader in Sodium Nitrite and Nitro Toluenes underscoring its strong positioning in key intermediate chemistries.

Phenolics: Deepak Phenolics (DPL), Wholly Owned Subsidiary of the company, continues to be a cornerstone of the company’s growth and diversification strategy. DPL’s products continue to serve diverse industries, including Laminates, Construction Materials, Automotive, Homecare, Pharmaceuticals, Agrochemicals, Paints & Coatings, Textiles, Personal Care, Adhesives, Disinfectants.

Deepak Chem Tech: Deepak Chem Tech (DCTL), a Wholly Owned Subsidiary of the company, focuses on manufacturing high-value chemical intermediates. The Company has made remarkable strides in expansion, with key milestones that underscore its strategic direction and commitment to innovation.

Awards and recognitions

2016-17

• The company was conferred with Corporate Social Responsibility Award 2015-16 in the category of Women Empowerment Private Sector Companies with turnover between Rs 201 Crores - Rs 3000 Crores by FICCI. Further, the Comprehensive Emergency Obstetric & Newborn Care (CEmONC) implemented in partnership with Govt. of Gujarat by Deepak Foundation under the CSR activities of the company has been awarded as the Best CSR project by Gujarat CSR authority for cohesive and strategic partnerships.

2017-18

• FGI Recognition, 2018: Deepak Foundation was conferred with Certificate of Merit at the 15th Federation of Gujarat Industries (FGI) Awards for energetically engaging in CSR activities.
• Millennium Alliance Award, 2017: Conferred with the Millennium Alliance Round-4 Innovations Award 2016-17 for community-owned initiatives to secure food security in tribal areas.
• EHS Award: Deepak Nitrite, Nandesari awarded by Gujarat Safety Council, Vadodara and DISH, Gujarat in two different categories for achieving Accident-free Man-hours. The plant has achieved 8.7 Million Safe Man-hours.
• GCSRA Award, 2017: Best CSR project for Cohesive & Strategic Partnerships under the large companies category - for Comprehensive Emergency Obstetric and Newborn Care (CEmONC) unit at Jabugam, implemented with the CSR support of Deepak Nitrite Ltd and in partnership with the Gujarat Government.
• ICC Award for Social Responsibility, 2017: Deepak Foundation conferred with the ICC Award For Social
  Responsibility by the Indian Chemicals Council for promoting women empowerment in tribal areas of Chhota Udepur district in Gujarat.
• TATA group Recognition, 2018: Excellent Performance as Most Collaborative Partner, 2018 recognised by Rallis, A TATA Group Company.
• FICCI Chemicals & Petrochemicals Award, 2017: Mr. Deepak C. Mehta, CMD, honoured for his ‘Distinguished Contribution to Indian Chemicals Industry’.
• Gujarat’s Best Employer Brand Award: Honoured with “Gujarat Best Employer Brand Award” by World HRD Congress for using marketing communications effectively in attracting, retaining and developing talent and in retention policy.
• ET NOW TV: channel felicitated Deepak Nitrite as “Super Achievers 2017 - Making New India”.

2018-19

• Star of Baroda Award: Bhaskar Group, a well-known media house in the country, awarded Deepak Nitrite, the Star of Baroda Award for being the most Responsible Chemical Company in the country.
• Deepak Nitrite makes to Fortune 500 exclusive club of Fortune India Magazine: Shri Maulik Mehta, Whole Time Director, DNL received felicitation of top 25 wealth creator under mid-size category on behalf of the comany from Shri Jayant Sinha, Hon. Union Minister of State for Civil Aviation and Shri Chaudhary Birendra Singh, Hon. Union Minister of Steel at Fortune 500 award ceremony.
• National Best Employer Brands 2018: At an event held at Taj Lands End, Mumbai, the Global Employer Branding Institute and World HRD Congress conferred Deepak Nitrite with National Best Employer Brands 2018.
• Gujarat Brand Leadership Awards 2018: Deepak Foundation was felicitated with NGO Leadership Award at Gujarat Brand Leadership Awards 2018 for its valuable contribution towards the upliftment of the society. The award was conferred in presence of Dr. R.L. Bhatia, Founder of World CSR Day and World Sustainability Day at Radison Blu, Ahmedabad on September 27, 2018.
• Shram Award by Government of Gujarat: Marking Deepak Nitrite’s unwavering commitment toward employee health and safety, the Government of Gujarat conferred Shri Jaydeep Patel from HAS Plant, Shram Award on February 17, 2019.

2019-20

• India’s Top 500 Companies: Deepak Nitrite has been ranked, recognized, and profiled in Dun & Bradstreet’s list of India’s Top 500 Companies for the year 2020 publication as one of the leading companies in the Chemicals Sector.
• CFO100 Roll of Honour: Deepak Nitrite’s Director- Finance and CFO, Sanjay Upadhyay honoured at 10th Annual CFO100 Roll of Honour. The CFO100 Programme annually recognises the top 100 senior finance professionals in India.
• Transformance: Best innovation in digital communication: Deepak Nitrite (DNL) was conferred with “Best Innovation in Digital Communication” by Transformance forums for its digital campaigns and social media initiatives.
• Times Icon of Vadodara: Deepak Nitrite (DNL) was conferred with Best Chemical Intermediates Company ‘Times Icon of Vadodara’ award by Times Internet - a division of Times of India. Sanjay Upadhyay, Director - Finance & DFO from DNL received the award on behalf of the company. The award was presented by Femina Miss India World Suman Rao, the special guest at the event.
• Roll of Honour- Dalal Street Journal: Deepak Nitrite’s CFO- Mr. Sanjay Upadhyay recognized as ‘Best CFO under Chemicals in Mid-Cap 2020’.
  

2020-21

• Deepak Nitrite was conferred with ‘Forbes Asia Best Under a Billion Award’ for its superior ROE and consistent financial performance.
• Deepak Nitrite has been recognised as the Best Growth Performance company in the Chemicals Sector by Dun & Bradstreet at the D&B Corporate Awards 2021.

2022-23

• Deepak Nitrite was awarded by Paryavaran Today for Excellence in Recycling Hazardous Waste at the Paryavaran Today Awards 2023.

2023-24

• Deepak Environmental Cell wins Leader of Water Management Award in July 2023 at FICCI C&P Awards 2023 in New Delhi.
• The company was awarded with Responsible Care Certificate for being successfully audited as a Company exhibiting Responsible Care attributes.
• The company’s - Dahej team won Excellence Trophy for their Kaizen case-presentation, at National Convention on Quality Concepts in Nagpur.
• The company’s Team was awarded with ICC- EPSILON CARBON Emergency Response Code Award, for being the Best Compliant Company under ‘Responsible Care’ Category.
• Boiler and Utility Team of the company won the Best Boiler UserFY 2022-23 award at SteamTech 2023 Conference at Ahmedabad in July 2023
• DNL-TCD and DPL-Dahej Teams won Gold trophy at International Convention on Quality Concepts (ICQCC) 2023 in Beijing, China.
• Teams from the company’s - Taloja plant and Deepak Phenolics participated in Quality ICQCC Conference at Thailand, winning Gold award for their presentation on Quality practices.
• The company was awarded a Certificate of Excellence and trophy by Paryavaran Today NGO in Ahmedabad for recycling / reusing 86% of total waste generated in FY 2022-23.

2024-25

• DET HURUN Excellence Awards 2024: Deepak Nitrite received DET Hurun India Manufacturing Excellence Awards 2024.
• British Safety Council: Deepak Nitrite won the Global Health & Safety Transformation Award 2024.
• Ambitious Leadership for Climate Impact: Deepak Nitrite recognised as a part of the Global Sustainable Alliance.
• Indian Institute of Material Management: Deepak Chem Tech Team won MATQUIZ 2024 organized by IIMM - Vadodara.
• 16th EXCEED Environment Award 2024: Deepak Nitrite won Golden category EXCEED Environment Award.
• ICC Environment Excellence Award 2025: Deepak Nitrite won Gold at the 18th ICC Environment Excellence Awards.

Milestones

• 1970: Incorporation of Deepak Nitrite.
• 1971: Listed on BSE with landmark over-subscription.
• 1972: Commissioned Sodium Nitrite & Nitrate Plant at Vadodara, Gujarat.
• 1984: Acquisition of Sahyadri Dyestuffs & Chemicals unit from Mafatlal Indusries.
• 1992: Commissioned Nitro Aromatic Plant at Nandesari.
• 1995: Commissioned a full fledged Hydrogenation Plant at Taloja.
• 2003: Acquisition of management and control of Aryan Pesticides.
• 2007: Acquisition of DASDA Division from Vasant Chemicals at Telangana.
• 2010: Foray into Fuel Additives business.
• 2012: Accredited with Responsible care a global benchmark of environment, safety and health management.
• 2013: Brownfield expansion for manufacturing SodiumNitrite & Nitrate at Nandesari Turnover crosses Rs 1,000 crore.
• 2014: Commissioned a world-class facility to manufacture Optical Brightening Agents (OBA).
• 2015: Promoted Deepak Phenolics for manufacturing of Phenol & Acetone.
• 2016: Raised Rs 83 crore via QIP (1st Round) to fund the phenol project.
• 2017: Raised Rs 150 crore via QIP (2nd Round) to fund the phenol project.
• 2018: Raised Rs 150 crore via QIP (3rd Round) to fund the phenol project. Deepak Phenolics commercial production starts.
• 2019: Deepak Phenolics reached Rs 2000 crore revenue.
• 2020: Deepak Phenolics commissioned IPA plant (iso-propyl alcohol)
• 2022: DPL accredited with Responsible Care Logo by ICC for environment, safety, and health management
• 2023: DPL touches 1 million tonne, DCTL signs a 5000 crore MoU with Government of Gujarat & DNL Dahej plant becomes the first ever to get a full 100 percent score in the first audit by ‘Together for Sustainability’.
• 2024: DCTL signs Rs 9000 crore MoU with Government of Gujarat.
• 2024: Deepak Nitrite’s wholly owned subsidiary -- DCTL commences manufacturing operations of its state-of-the-art Fluorination Plant at Dahej, District Bharuch in Gujarat for manufacturing Benzo Trifluoride (BTF).
• 2025: Deepak Nitrite’s material wholly owned subsidiary -- Deepak Chem Tech commissioned its hydrogenation plant at Dahej, Bharuch in Gujarat.
• 2025: Deepak Nitrite’s material wholly owned subsidiary -- Deepak Chem Tech commenced the manufacturing operations at its Nitric Acid Plant at Nandesari, Dist. Vadodara in Gujarat.
• 2026: Deepak Nitrite’s material wholly owned subsidiary -- Deepak Chem Tech commissioned its nitration and second hydrogenation plant at Dahej in Gujarat.