NSE · DENORA
De Nora India Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹129 Cr with net profit ₹9 Cr — a 7.02% net margin, versus 2.27% the period before.
Shareholding
As of 2026-09-30
- Promoter53.68%
- Public45.21%
- FII0.89%
- DII0.22%
13,648 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.72× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Electrical Equipment & Parts · ranked #12 of 15 by market cap · medians across 14 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Hitachi Energy India Ltd. | ₹1,23,911 Cr | 104.03 | 23.94 | 19.09% | 12.88% |
| Honeywell Automation India Ltd. | ₹26,595 Cr | 46.36 | 5.71 | 12.12% | 11.83% |
| Voltamp Transformers Ltd. | ₹9,845 Cr | 30.45 | 5.27 | 17.32% | 13.06% |
| Kanohar Electricals Ltd. | ₹7,858 Cr | 43.62 | 10.63 | 24.39% | 21.61% |
| Precision Wires India Ltd. | ₹7,339 Cr | 42.04 | 9.52 | 18.67% | 2.68% |
| KSH International Limited | ₹6,811 Cr | 52.01 | 7.57 | 16.47% | 3.43% |
| Shilchar Technologies Ltd. | ₹4,042 Cr | 32.45 | 7.63 | 23.48% | 19.19% |
| Lumino Industries Limited | ₹2,845 Cr | 15.16 | 2.19 | 14.46% | 8.24% |
| Indo Tech Transformers Ltd. | ₹2,768 Cr | 27.88 | 7.67 | 24.82% | 11.74% |
| Dynamic Cables Limited | ₹1,802 Cr | 19.22 | 3.59 | 18.66% | 6.86% |
| De Nora India Limited(this company) | ₹365 Cr | 63.72 | 2.8 | 4.37% | 5% |
AI analysis
AI-generated · google/gemini-2.5-flashDe Nora India Limited (symbol: 590031) manufactures, sells, and services electrolytic products in India and internationally. The company also manufactures and recoats anodes and cathodes for electrolytic processes in the chlor-alkali industry. The company operates in sectors such as energy transition, non-ferrous metal recovery, and oil and gas offshore. Its market capitalization is Rs 452 Cr.
Positives
- +The company has a debt-to-equity ratio of 0, indicating a debt-free status.
- +Promoter shareholding is substantial at 53.6767%, suggesting alignment of interests.
- +The dividend yield is 45%, which may be attractive to income-focused investors.
- +There are no pledged shares by the promoters, indicating financial stability.
Negatives
- −Net profit in March 2026 was negative at -Rs 0.64 Cr, indicating a loss.
- −The return on equity (ROE) is 7%, which is relatively low.
- −The return on capital employed (ROCE) is 9.27%, which is modest.
- −Profit margin is 7.44%, which may be considered thin for its operations.
- −The company is under LT-ASM (Long Term Additional Surveillance Measure) Stage 1, which may indicate higher risk.
Business
De Nora India Limited is involved in the manufacturing and servicing of electrolytic products, including anodes for chlorine and oxygen evolution, cathodes for hydrogen evolution, and disinfection systems. The company also provides electrodes for metal winning and cathodic protection, along with membrane technologies and water technology products. It serves various industries such as pulp and paper, mining, and surface finishing. The company is a subsidiary of Oronzio De Nora International B.V.
Financial Performance
De Nora India Limited reported revenue of Rs 74.4467 Cr in March 2025. In the same period, the net profit was Rs 1.6929 Cr. Over the past five annual reporting periods, the highest revenue was Rs 78.9995 Cr in March 2024, and the lowest was Rs 52.3692 Cr in March 2021. Recent quarterly results show revenue of Rs 21.97 Cr and a net loss of Rs 0.64 Cr in March 2026.
Profitability & Returns
The company's profit margin stood at 7.44%. Return on equity (ROE) was 7%, and Return on Capital Employed (ROCE) was 9.27%.
Balance Sheet
De Nora India Limited reports a debt-to-equity ratio of 0, indicating no debt in comparison to its equity. The book value per share is Rs 243.58. The company also has an Earnings Per Share (EPS) of Rs 17.05 as of the latest consolidated figures.
Ownership & Pledges
There are no pledged shares by the promoters.
Regulatory & Surveillance
The company is currently under LT-ASM (Long Term Additional Surveillance Measure) Stage 1, which indicates increased monitoring by regulatory bodies due to certain trading or financial parameters.
Data as of — price: 2026-11-07 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.