Introduction: Catalysts accelerate change. They can significantly reduce the time required for a change to occur. The catalyst behind Deepak Nitrite is its management & its execution. The management has allocated capital prudently and has always found a way to scale the business and become a dominant player in the Indian Chemical Industry within its products. The management calls this “Deepak’s Right to Win”. This is evident from their journey from being a chemical trading company to a truly diversified chemical manufacturing company and their market capitalization growth from Rs. 45 lakhs in 1970 to Rs.39,000 crores at present. The Chemical Industry is an industry that has multiple niche industries within because of the gestation period and R&D that it takes for a company to specialise in different chemistries and processes.