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De Nora India Limited

De Nora India Limited

697.90
INR
+19.35
(+2.85%)
22.96EPS
39.33P/E
4.79BMarket Cap
De Nora India Limited
NSE:DENORA
(National Stock Exchange of India)

Recent

price

697.90

P/E

ratio

39.33

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
11.05
61.44
120.8
67.45
57.49
- -
50.22
50.86
61.65
90.85
94.67
138.58
136.68
138.87
129.03
228.95
216.39
Revenue per Share
5.51
8.62
25.02
9
8.01
- -
5.61
3.18
2.99
15.31
10.63
29.1
38.19
35.8
3.19
17.06
22.96
Basic EPS, GAAP
-1.16
-3.19
31.3
-11.22
15.99
- -
6.1
-4.68
-13.07
-19.41
27.48
19.94
19.99
17.2
-0.19
15.4
- -
Free Cash Flow per Basic Share
- -
5.86
7.14
8.19
4.66
- -
4.86
2.41
1.21
- -
- -
1
1
2
2
- -
- -
Dividend per Share
46.79
47.82
63.45
67.71
73.96
97.09
97.81
98.66
100.26
115.53
126.16
154.24
191.53
225.46
226.33
243.64
- -
Book Value per Share
46.79
47.7
61.71
65.92
71.51
93.46
83.86
85
89.57
108
121.96
153.39
191.3
224.57
225.76
242.87
- -
Tangible Book Value per Share
6
6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
61
341
643
358
305
- -
267
270
327
482
503
736
726
737
685
1,215
1,149
Sales/Revenue/Turnover
37.1
17.71
28.72
16.82
15.95
- -
5.9
2.08
-3.17
17.2
12.47
27.57
34.11
28.41
-3.96
4.44
6.79
Operating Margin (%)
7
6
6
7
12
- -
9
21
25
26
26
27
14
11
17
20
21
Depreciation Expense
31
48
133
48
43
- -
30
17
16
81
56
155
203
190
17
91
122
Net Income, GAAP
7.66
30.67
30.92
30.96
29.4
- -
32.95
45
12.82
21.49
25.46
26.28
25.33
24.65
38.57
24.54
24.98
Effective Tax Rate (%)
49.84
14.03
20.71
13.34
13.93
- -
11.18
6.26
4.85
16.85
11.23
21
27.94
25.78
2.47
7.45
10.61
Profit Margin (%)
74
177
262
226
284
295
340
347
373
480
554
712
898
940
868
909
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
260
260
337
359
393
515
519
524
532
613
670
819
1,017
1,197
1,202
1,293
- -
Total Equity
7.87
16.13
42.69
11.95
8.97
- -
1.88
0.5
-1.75
11.45
7.29
20.34
20.3
14.35
-1.41
3.27
- -
Return on Invested Capital (%)
11.49
18.43
44.58
13.73
11.32
- -
5.76
3.24
3.01
14.1
8.75
20.91
22.1
17.17
1.41
7.26
- -
Return on Capital (%)
11.73
18.38
44.57
13.72
11.31
- -
5.76
3.24
3.01
14.19
8.8
20.76
22.09
17.17
1.41
7.26
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
3,642
3,618
4,794

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,210
- -
Cash, Cash Equivalents & STI
- -
771
- -
Accounts Receivable, Net
- -
118
- -
Inventories
- -
308
- -
Total Current Liabilities
- -
301
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.99%
14.44%
7.65%
Free Cash Flow
- -
-1,659.09%
-8,153.2%
Net Income, GAAP
- -
108.49%
434.9%
Sales/Revenue/Turnover
- -
23.39%
77.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
128
181
176
201
685
2026
420
218
358
220
1,215
2027
353
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.43
6.18
-14.71
6.29
3.19
2026
6.12
7.29
4.84
-1.2
17.06
2027
12.04
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
De Nora India Limited, a subsidiary of Oronzio De Nora International B.V. of the Italian multinational Industrie De Nora Group, manufactures, sells and services electrolytic products for electrochemical and water treatment applications in India and internationally; its core offerings include noble metal-coated dimensionally stable anodes (DSA) and electrodes for chlorine and caustic soda production in the chlor-alkali industry, oxygen evolution, electrochlorination systems such as SANILEC and SEACLOR brands for water disinfection in power, municipal and marine sectors, electrolyzers, coating solutions and recoating/repair services for electrodes, as well as technologies for cathodic protection, fuel cells, printed circuit boards, sodium chlorate processes, plastics and metal finishing; the company provides technical consultation and support for electrochemical processes targeting industrial, municipal and commercial customers. Founded in 1989 as Titanor Components Limited and renamed De Nora India in 2007, it operates a manufacturing facility in Kundaim Industrial Estate, Goa, with headquarters in Mumbai, India. Recent developments include strong financial performance with Q2 fiscal 2026 revenue up 20% year-over-year to Rs 218 million and H1 revenue surging 107% to Rs 638 million, alongside board changes such as the appointment of Guido Picari as additional director, re-appointment of Purushottam Mantri as independent director, resignation of Robert Scannell, and approval processes for Deepak Nagvekar as whole-time director via postal ballot concluding December 2025; the company also secured a $4.6 million order win and entered a service agreement with Gurukrupa Engineering Services.