Why is DE Nora India Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Operating profit has grown by an annual rate 31.42%
3
With a growth in Net Sales of 64.1%, the company declared Very Positive results in Dec 25
- The company has declared positive results for the last 4 consecutive quarters
- PAT(Latest six months) At Rs 6.44 cr has Grown at 242.16%
- NET SALES(Latest six months) At Rs 57.68 cr has Grown at 61.61%
- PBT LESS OI(Q) At Rs 1.95 cr has Grown at 365.3% (vs previous 4Q average)
4
With ROE of 10.2, it has a Expensive valuation with a 2.9 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -7.40%, its profits have risen by 224.9% ; the PEG ratio of the company is 0.1
5
Majority shareholders : Promoters
How much should you hold?
- Overall Portfolio exposure to DE Nora India should be less than 10%
- Overall Portfolio exposure to Electrodes & Refractories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electrodes & Refractories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is DE Nora India for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
DE Nora India
-7.4%
-0.17
43.15%
Sensex
-2.38%
-0.19
12.70%
Quality key factors
Factor
Value
Sales Growth (5y)
22.66%
EBIT Growth (5y)
31.42%
EBIT to Interest (avg)
14.52
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.68
Sales to Capital Employed (avg)
0.74
Tax Ratio
26.29%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.23%
ROCE (avg)
28.81%
ROE (avg)
13.50%
Valuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
30
Price to Book Value
2.93
EV to EBIT
26.49
EV to EBITDA
22.44
EV to Capital Employed
7.04
EV to Sales
2.39
PEG Ratio
0.13
Dividend Yield
NA
ROCE (Latest)
-7.27%
ROE (Latest)
10.24%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
28What is working for the Company
PAT(Latest six months)
At Rs 6.44 cr has Grown at 242.16%
NET SALES(Latest six months)
At Rs 57.68 cr has Grown at 61.61%
PBT LESS OI(Q)
At Rs 1.95 cr has Grown at 365.3% (vs previous 4Q average
-1What is not working for the Company
NON-OPERATING INCOME(Q)
is 42.31 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for DE Nora India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 1.95 cr has Grown at 365.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -0.74 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 2.57 cr has Grown at 287.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.66 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 35.84 cr has Grown at 41.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 25.38 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for DE Nora India
Non Operating Income - Quarterly
is 42.31 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






