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De Nora India Limited

De Nora India Limited

NSE: DENORA
Electrical Equipment & PartsIndustrialsSMALL CAPMCap ₹370.9 Cr
₹698.75₹1.65 (+0.24%)

Market Closed • NSE

Market cap₹370.9 Cr
Enterprise value₹292.8 Cr
P/E TTM30.42
P/B2.87
EPS TTM₹22.97
Dividend yield0.01%
52W high₹960.35
52W low₹559.00
Price chart(1Y)
1Y Return:-4.63% (₹33.90)
H: ₹960.35L: ₹690
1W-0.67%
1M-10.97%
3M-20.68%
6M-15.48%
1Y-9.83%
Today at a glance

Day range

₹696.00₹708.95

52 week range

₹559.00₹960.35
Volume1.8K0.30x 20D avg
Free float50.00%-70.30% volume

De Nora India Limited closed at INR698.75 (+0.24%) on volume 0.3x its 20-day average, trading 27.24% below its 52-week high.

Technical analysis
RSI (14)24.9Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹29.64High
SMA 20₹739.20BEARISH
SMA 50₹792.80BEARISH
SMA 100₹818.70BEARISH
SMA 200₹755.83BEARISH
CPR bottom₹705.95
Pivot₹703.00
CPR top₹700.05
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -124.8% QoQ

2026-09-16

DIVIDEND Announced

Dividend - Rs 4 Per Share

2024-09-17

DIVIDEND Announced

Annual General Meetingdividend - Rs 2 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PENDING_DATA3/4 criteria
Pending Data
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio–₹370.9 Cr—≤ 33%PENDING_DATA
Non-halal income ratio–₹121.6 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹142.8 Cr₹159.8 Cr89.39%≥ 20%PASS
Receivables ratio–₹159.8 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E30.4228.10
Forward P/E——
P/B2.873.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield3.303.60
Growth & profitability
RevenuePAT
FY12PAT margin —
FY23PAT margin 27.90%
FY24PAT margin 25.80%
FY25PAT margin 2.50%
FY26PAT margin 7.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+18.80%
Revenue CAGR 5Y—
PAT CAGR 3Y-23.60%
PAT CAGR 5Y—
Operating margin15.76%
Net margin10.61%
Financial health & cash flow
Net debt–Moderate
Interest coverage—xEBIT / interest
CFO / PAT1.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹12.2 Cr
Capital expenditure–
Free cash flow₹8.2 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation50/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.06x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Electrical Equipment & Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.36%Institutional holding
45.96%Public holding
5Periods available
0.00%Promoter pledged
15.76KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
16 Sept 2026Dividend₹4.00 / share—16 Sept 2026
—Dividend₹2.00 / share—17 Sept 2024
—Dividend₹2.00 / share—05 Sept 2023
—Dividend₹1.00 / share—20 Sept 2022
—Dividend₹1.00 / share—15 Sept 2021
—Annual General MeetingAnnual General Meeting—15 Sept 2020
—Annual General MeetingAnnual General Meeting—18 Sept 2019
—Dividend₹1.00 / share—18 Sept 2018
—Dividend₹2.00 / share—19 Sept 2017
—Dividend₹4.00 / share—12 Sept 2016
—Dividend₹1.50 / share—18 Jun 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)68.81%+1.07% latest vs average
Highest delivery84.86%on 21 Sept
Average volume (20D)6.0KTrading-session average
Conviction trendStrengthening+1.07% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About De Nora India Limited
De Nora India Limited

Incorporated in 1989, De Nora India Ltd manufactures and services Electrolytic products[1]

IndiaIndustrials

Questions investors ask
Is De Nora India Limited Shariah compliant?

De Nora India Limited is currently screened as Pending Data under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Interest-bearing debt or Market Cap data unavailable for ratio screening. Financial ratio screening incomplete due to missing balance sheet or market cap data.

What is De Nora India Limited's current valuation relative to peers?

De Nora India Limited trades at a P/E of 30.4x compared to the sector median of 28.1x, and a Price-to-Book of 2.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of zero debt. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.