The Dahej facility was switched on on September 29, 2026, marking the first fully operational unit of Deepak Chem Tech Ltd, the wholly‑owned subsidiary of Deepak Nitrite. The project cost ₹300 crore, a sizable chunk of the firm's ₹11,000 crore capex programme that stretches through 2028‑29.
Deputy Managing Director Maulik Mehta said the plant’s utilities and infrastructure were completed ahead of schedule, allowing production to start at or above design capacity for the first time since the April‑June 2026 quarter. He added that raw‑material sourcing was secured well before suppliers’ force‑majeure declarations, easing the bottleneck that had slowed volumes last year.
The 300‑crore outlay is part of a broader strategy to keep the company’s return on capital employed (RoCE) on track despite current dip. Mehta reiterated that the firm aims for RoCE above 20% once the new assets reach full operational capacity, signalling confidence that the investment will pay off in the medium term.
In the market, Deepak Nitrite shares closed at ₹1,515.15 on the BSE, a decline of ₹35.90 or 2.31% from the previous close. Investors reacted to the plant launch but were wary of the immediate impact on earnings, given the capital intensity of the expansion.
Looking ahead, the board expects all major projects—including the Dahej plant—to be online by the second half of 2028‑29. The company will report its next quarterly results on [insert upcoming date], where analysts will gauge how the new capacity translates into revenue and margin improvement.