DE Nora India

Why is DE Nora India Ltd falling/rising?

As of 01-Sep, DE Nora India Ltd's stock price is at 809.55, reflecting a decline of 1.71%. The stock has underperformed significantly over various time frames, with decreased investor interest and a high valuation contributing to its current downward trend.

As of 01-Sep, DE Nora India Ltd's stock price is falling, currently at 809.55, which reflects a decrease of 14.1 or 1.71%. The stock has been underperforming, having lost 3.04% over the last three days and showing a decline of 10.41% over the past month, compared to a smaller drop of 1.47% in the benchmark index. Additionally, the stock has consistently underperformed against the benchmark over the last three years, with a return of -2.88% in the past year.<BR><BR>Investor participation has also decreased significantly, with delivery volume dropping by 68.14% against the five-day average, indicating reduced interest in trading the stock. Although the company is net-debt free and has reported positive quarterly results, the stock's valuation appears expensive with a Price to Book Value of 3.3, and it has a relatively low return on equity of 9.4. This combination of factors contributes to the stock's current decline.

Which are the latest news on DE Nora India?

Who are in the management team of DE Nora India?

The management team of DE Nora India includes Vinay Chopra (Executive Director & Managing Director), Supriya Banerji (Chairman & Independent Director), and several non-executive and independent directors, bringing diverse expertise to the company's governance.

The management team of DE Nora India includes the following members:<BR><BR>1. **Vinay Chopra** - Executive Director & Managing Director<BR>2. **Robert Scannell** - Non-Executive Director<BR>3. **Supriya Banerji** - Chairman & Independent Director<BR>4. **Francesco L Abbate** - Non-Executive Director<BR>5. **Purushottam Mantri** - Independent Non-Executive Director<BR>6. **Lalita Correia Afonso** - Independent Director<BR><BR>This team brings a diverse range of expertise to the company, contributing to its strategic direction and governance.

What does DE Nora India do?

DE Nora India Ltd manufactures and services electrolytic products in the Electrodes & Refractories industry. As of June 2026, it reported net sales of 35 Cr and a net profit of 6 Cr, with a market cap of INR 445 Cr.

Overview: <BR>DE Nora India Ltd is involved in the manufacturing and servicing of electrolytic products within the Electrodes & Refractories industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>DE Nora India Ltd was incorporated in June 1989 as Titanor Components Limited and changed its name to De Nora on 27th June 2007. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 35 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 445 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 36.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.68 <BR>Return on Equity: 9.58% <BR>Price to Book: 3.45<BR><BR>Contact Details: <BR>Address: Plot Nos 184 185 & 189, Kundaim Industrial Estate Kundaim Goa : 403115 <BR>Tel: 91-832-6731100 <BR>Email: info.dni@denora.com <BR>Website: http://www.denora.com

Who are the peers of the DE Nora India?

DE Nora India's peers include Raghav Products, RHI Magnesita, and Panasonic Carbon, among others. Raghav Products shows the highest 1-year return at 209.20%, while RHI Magnesita has the lowest at -21.62%, with DE Nora India at -1.40%.

Peers: The peers of DE Nora India are Raghav Product., RHI Magnesita, IFGL Refractori., Foseco Crucible, Orient Ceratech, Panasonic Carbon, Nilachal Refract, Royal Arc Ele., Classic Electrod.<BR><BR>Quality Snapshot: Excellent management risk is observed at Panasonic Carbon and Classic Electrod, while Average management risk is found at Raghav Product., RHI Magnesita, IFGL Refractori., Foseco Crucible, Orient Ceratech, Royal Arc Ele., and the rest. Good growth is noted at Raghav Product. and Orient Ceratech, while Below Average growth is seen at RHI Magnesita, IFGL Refractori., Foseco Crucible, Panasonic Carbon, and the rest. Excellent capital structure is present in Raghav Product., IFGL Refractori., Foseco Crucible, and Panasonic Carbon, while Good capital structure is found at Orient Ceratech, and Average capital structure is seen at Classic Electrod and the rest.<BR><BR>Return Snapshot: Raghav Product. has the highest 1-year return at 209.20%, while RHI Magnesita has the lowest at -21.62%, with DE Nora India's own 1-year return at -1.40% being higher than RHI Magnesita's but lower than Raghav Product.'s. Additionally, Panasonic Carbon, RHI Magnesita, and Nilachal Refract have negative six-month returns.

How big is DE Nora India?

As of 31st August, DE Nora India Ltd has a market capitalization of 445.00 Cr, with recent net sales of 114.92 Cr and a net profit of 12.19 Cr. The latest balance sheet shows shareholder's funds of 129.34 Cr and total assets of 155.65 Cr.

As of 31st August, DE Nora India Ltd has a market capitalization of 445.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, DE Nora India reported Net Sales of 114.92 Cr and a Net Profit of 12.19 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 129.34 Cr and Total Assets of 155.65 Cr.

Should I buy, sell or hold DE Nora India Ltd?

Are DE Nora India Ltd latest results good or bad?

DE Nora India Ltd's latest Q1 FY27 results show a significant profit turnaround with a net profit of ₹6.39 crores and a 60.54% revenue growth sequentially. However, concerns remain due to a 15.96% year-on-year revenue decline and reliance on non-operating income, suggesting caution for investors.

DE Nora India Ltd's latest results for Q1 FY27 present a mixed picture. On one hand, the company reported a net profit of ₹6.39 crores, a significant turnaround from a loss of ₹0.64 crores in the previous quarter, marking a remarkable 96.60% increase year-on-year. Additionally, revenue saw a robust sequential growth of 60.54%, reaching ₹35.27 crores compared to ₹21.97 crores in Q4 FY26.<BR><BR>Operating margins also improved dramatically to 16.13%, a notable recovery from a negative margin of -10.33% in the previous quarter. However, despite these positive indicators, there are underlying concerns. The company's revenue has contracted by 15.96% year-on-year, reflecting volatility in its order-driven business model. Moreover, a substantial portion of the profit (40.12%) came from other income, which raises questions about the sustainability of core earnings.<BR><BR>Overall, while the latest quarterly results show significant improvement in profitability and operational metrics, the reliance on non-operating income and the volatility in revenue growth suggest caution moving forward. Investors should weigh these factors carefully when assessing the company's performance.

When is the next results date for DE Nora India Ltd?

The next results date for DE Nora India Ltd is 30 July 2026.

The next results date for DE Nora India Ltd is scheduled for 30 July 2026.

How has been the historical performance of DE Nora India?

DE Nora India's historical performance shows a decline in net sales and profits from March 2024 to March 2025, with net sales dropping from 73.80 Cr to 68.58 Cr and profit after tax falling from 19.01 Cr to 1.69 Cr, despite an increase in total assets. The company's operating profit and earnings per share also significantly decreased during this period.

Answer:<BR>The historical performance of DE Nora India shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>DE Nora India's net sales peaked at 73.80 Cr in March 2024 but declined to 68.58 Cr by March 2025. The total operating income followed a similar pattern, decreasing from 73.80 Cr in March 2024 to 68.58 Cr in March 2025. The company's total expenditure, excluding depreciation, rose significantly from 52.62 Cr in March 2024 to 69.99 Cr in March 2025, leading to an operating profit (PBDIT) that fell from 26.38 Cr to 4.45 Cr in the same period. Consequently, profit before tax also decreased from 25.22 Cr to 2.76 Cr, resulting in a profit after tax of 1.69 Cr in March 2025, down from 19.01 Cr in March 2024. The company's earnings per share (EPS) dropped sharply from 35.8 in March 2024 to 3.18 in March 2025. On the balance sheet, total assets increased from 125.90 Cr in March 2024 to 138.82 Cr in March 2025, while total liabilities also rose from 125.90 Cr to 138.82 Cr. The cash flow from operating activities decreased from 16 Cr in March 2024 to 3 Cr in March 2025, but the closing cash and cash equivalents improved from 5 Cr to 8 Cr during the same period. Overall, DE Nora India experienced a challenging year in March 2025, marked by declining sales and profits despite an increase in total assets.

Who are the top shareholders of the DE Nora India?

The top shareholder of DE Nora India is Oronzio De Nora International B V, holding 53.68%. Other notable shareholders include Bharat Ajay Kapadia with 1.41% and individual investors collectively owning 37.2%.

The top shareholders of DE Nora India include Oronzio De Nora International B V, which holds the largest stake at 53.68%. The company is primarily controlled by its promoters, with no pledged promoter holdings reported. In terms of public shareholders, Bharat Ajay Kapadia is the highest individual investor, holding 1.41%. Additionally, individual investors collectively own 37.2% of the company. There are also 4 foreign institutional investors (FIIs) that hold a combined 0.14% of the shares.

Is DE Nora India overvalued or undervalued?

As of January 31, 2025, DE Nora India is considered overvalued and risky due to its high PE ratio of 283.78, negative EV to EBITDA of -295.60, low ROE of 1.41%, and significant stock underperformance compared to the Sensex, which has resulted in a 40.76% decline over the past year.

As of 31 January 2025, DE Nora India has moved from a valuation grade of very expensive to risky. The company is currently considered overvalued, given its high PE ratio of 283.78, an EV to EBITDA ratio of -295.60, and a ROE of only 1.41%. In comparison, its peers such as Graphite India, which has a PE ratio of 22.92, and HEG with a PE ratio of 87.72, highlight the significant disparity in valuation metrics.<BR><BR>The company's financial ratios indicate a troubling performance, particularly with a negative EV to EBIT of -133.59 and a low dividend yield of 0.22%. Additionally, DE Nora India's stock has underperformed against the Sensex, particularly over the past year, where it has declined by 40.76% compared to the Sensex's 7.60% increase. This further reinforces the conclusion that DE Nora India is overvalued in the current market environment.

What is the technical trend for DE Nora India?

As of May 12, 2025, DE Nora India shows a mildly bearish trend overall, with daily moving averages indicating short-term weakness, while weekly indicators like the MACD and Bollinger Bands suggest a mixed outlook.

As of 12 May 2025, the technical trend for DE Nora India has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The moving averages on the daily chart are mildly bearish, suggesting short-term weakness. Bollinger Bands show a bullish signal on the weekly but a mildly bearish signal on the monthly. The KST is mildly bullish on the weekly and bearish on the monthly, while the Dow Theory indicates a mildly bullish trend for both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven by the daily moving averages and the contrasting monthly indicators.

Has DE Nora India declared dividend?

Yes, DE Nora India Ltd has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of September 17, 2024. Despite this, recent total returns show significant volatility, with negative returns in the short to medium term but strong recovery over the longer term.

DE Nora India Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.22%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.01%, the dividend return was 0%, resulting in a total return of -30.01%.<BR><BR>Over the past year, the price return was -39.81%, with a dividend return of 0.12%, leading to a total return of -39.69%.<BR><BR>In the 2-year period, the price return was -46.1%, the dividend return was 0.26%, culminating in a total return of -45.84%.<BR><BR>For the 3-year period, the price return was 33.9%, the dividend return was 0.74%, resulting in a total return of 34.64%.<BR><BR>In the last 4 years, the price return was 141.12%, the dividend return was 1.77%, leading to a total return of 142.89%.<BR><BR>Finally, over a 5-year period, the price return was 333.13%, the dividend return was 2.90%, resulting in a total return of 336.03%.<BR><BR>Overall, while DE Nora India has declared a dividend, the recent total returns indicate significant volatility, with negative returns in the short to medium term, but a strong recovery in the longer term.