What is De Nora India Ltd (DENORA) share price return in the past 10 years?

De Nora India Ltd share price has appreciated 6.5% annually (CAGR) over the past ten years.

What is the share price of De Nora India Ltd (DENORA)?

Company share prices are keep on changing according to the market conditions. The current trading price of De Nora India Ltd (DENORA) on 10-Jun-2026 16:59:59 at 16:59 is 754.90.

What is the P/E ratio of De Nora India?

The latest standalone P/E ratio of De Nora India as of 10-Jun-2026 is 44.68.

What is the P/B ratio of De Nora India Ltd (DENORA)?

The latest standalone P/B ratio of De Nora India Ltd (DENORA) as of 10-Jun-2026 is 3.13.

What is the 52-week high and low of De Nora India Ltd (DENORA)?

The 52-week high of De Nora India Ltd (DENORA) is Rs. 995.00 and the 52-week low is Rs. 559.00.

De Nora India Ltd (DENORA) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: De Nora India Ltd (DENORA)
Brand: De Nora India

De Nora India Ltd (DENORA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590031 NSE: DENORA Electrodes & Welding Equipment | Small Cap | De Nora India Share Price

De Nora India Ltd (DENORA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590031 NSE: DENORA Electrodes & Welding Equipment | Small Cap | De Nora India Share Price

Key Metrics

Valuation Multiples

Market Cap

₹405 Cr.

Current Price

₹754.9

52-Week Low / High

₹559 / 995

TTM EPS

₹17.1

TTM Sales

₹122 Cr.

Book Value per Share

₹243.6

P/E Ratio

44.68

Higher than its 5-year historical median

Industry PE

Price to Book (P/B)

3.13

Lower than its 5-year historical median

Price to Sales (P/S)

3.33

Lower than its 5-year historical median

EV/EBITDA

27.37

Higher than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

1.41%

Underperforms industry median

Return on Capital Employed (ROCE)

2.42%

Underperforms industry median

Return on Assets (ROA)

1.28%

Operating Profit Margin

-1.6%

Net Profit Margin

2.47%

Gross Profit Margin

6.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-7.07%

Operating Profit Growth (1 Year)

-105.9%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-91.11%

Asset Quality

Promoter Holding

53.68%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹124 Cr.

Equity

₹5.3 Cr.

Face Value

₹10

All Time Low / High

₹33.00 / 2334.00

De Nora India stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is De Nora India Ltd a good quality company?

De Nora India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does De Nora India Ltd performance compare with that of its Peers?

Q.1 Revenue growth of De Nora India Ltd vs industry peers?

De Nora India Ltd revenue CAGR is 7.29%, compared to the industry median CAGR of 7.29%, indicating stable growth and maintaining its market share.

Q.1 Promoter shareholding and pledge status of De Nora India Ltd?

Promoters hold 53.68% of the De Nora India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of De Nora India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 8.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	41.2%	9%	5.9%	3.7%	18.1%	11.8%	28.5%	29.7%	23%	2.4%	-
Value Creation Index ⓘ	1.9	-0.4	-0.6	-0.7	0.3	-0.2	1.0	1.1	0.6	-0.8	-
Growth Parameters ⓘ
Sales ⓘ	40.7	26.7	27	32.8	48.2	50.5	74.2	73.6	73.8	68.6	122
Sales YoY Gr.	-	-34.4%	1.4%	21.3%	47.1%	4.8%	46.8%	-0.8%	0.3%	-7.1%	-
Adj EPS ⓘ	18	5.6	3.6	3	15.2	10.6	29	38.4	34.5	0.9	17.1
YoY Gr.	-	-68.7%	-35.7%	-16.9%	406%	-30.3%	173.6%	32.1%	-10.2%	-97.3%	-
BVPS (₹) ⓘ	73.3	97.8	98.7	100.3	115.5	126.2	154.2	191.5	225.5	226.3	243.6
Adj Net Profit ⓘ	9.6	3	1.9	1.6	8.1	5.6	15.4	20.4	18.3	0.5	9
Cash Flow from Ops. ⓘ	11	7.2	1.9	-6.1	-7.2	16.2	11.7	14.3	16.1	3.1	-
Debt/CF from Ops. ⓘ	0	0	0	0	-0.1	0	0	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6%	7.3%	-2.6%	-7.1%
Adj EPS ⓘ	-28.1%	-42.8%	-68.2%	-97.3%
BVPSⓘ	13.3%	14.4%	13.6%	0.4%
Share Price	6.5%	16.2%	-22.1%	-18.3%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	27.2	5.9	3.7	3	14.1	8.8	20.7	22.2	16.5	0.4	7.3
Op. Profit Mgn % ⓘ	30.5	7.7	8.5	1.6	21.9	16.8	30.9	33.9	29.1	-1.6	5.5
Net Profit Mgn % ⓘ	23.5	11.2	7.1	4.9	16.8	11.1	20.8	27.7	24.8	0.7	7.5
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	182	289	214	284	295	288	208	267	263	283	265
Cash Conv. Cycle ⓘ	89	124	87	121	176	214	137	162	165	183	185

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	51	27	27	33	48	51	74	74	74	69
Operating Expenses ⓘ +	35	25	25	32	38	42	51	49	52	70
Manufacturing Costs	6	4	6	6	6	5	7	10	12	11
Material Costs	17	9	6	12	20	26	30	26	25	28
Employee Cost	7	6	6	6	5	5	6	6	6	6
Other Costs ⓘ	6	6	7	8	6	5	8	7	10	25
Operating Profit ⓘ	16	2	2	0	11	8	23	25	21	-1
Operating Profit Margin (%)	30.5%	7.6%	7.2%	1.5%	21.9%	16.6%	30.9%	33.6%	28.9%	-1.8%
Other Income ⓘ +	4	3	3	4	2	2	1	4	5	6
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	1	1	2	3	3	3	3	1	1	2
Profit Before Tax ⓘ	18	4	3	2	10	8	21	27	25	3
Tax ⓘ	6	1	1	0	2	2	6	7	6	1
Profit After Tax	12	3	2	2	8	6	15	20	19	2
PAT Margin (%)	23.6%	11.2%	6.3%	4.8%	16.9%	11.2%	20.8%	27.6%	25.8%	2.5%
Adjusted EPS (₹)	22.6	5.6	3.2	3.0	15.3	10.6	29.1	38.2	35.8	3.2
Dividend Payout Ratio (%)	17.70%	35.60%	31.40%	0%	0%	9.40%	3.40%	5.20%	5.60%	0%

Valuation of De Nora India - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	49	52	52	53	61	67	82	102	120	120
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	43	47	47	48	56	62	77	96	114	115
Debt +	0	0	0	0	1	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	1	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	4	3	5	6	5	3	3	7	4	6
Others Liabilities ⓘ	7	8	6	12	8	8	17	17	3	12
Total Liabilities ⓘ	59	62	62	71	74	79	102	125	126	139
Fixed Assets
Net Fixed Assets ⓘ +	7	7	14	12	10	10	7	8	13	15
Gross Block	20	8	17	17	17	18	19	20	27	29
Accumulated Depreciation	13	1	3	5	7	9	11	13	13	14
CWIP ⓘ	2	7	0	0	1	0	1	2	2	3
Investments ⓘ	19	20	20	14	5	4	23	42	55	52
Inventories	6	5	7	17	26	19	24	29	28	31
Trade Receivables	10	6	5	6	13	11	12	17	10	13
Cash Equivalents	1	13	11	12	14	30	21	15	8	11
Others Assets ⓘ	13	3	6	11	6	5	14	13	10	14
Total Assets ⓘ	59	62	62	71	74	79	102	125	126	139

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	14	7	2	-6	-7	16	12	14	16	3
PBT ⓘ	18	4	3	2	10	8	21	27	25	3
Adjustment ⓘ	-1	-1	0	2	2	1	3	-1	-2	8
Changes in Working Capital ⓘ	3	6	0	-10	-18	8	-7	-4	-1	-3
Tax Paid ⓘ	-7	-2	-1	-0	-1	-1	-5	-7	-7	-4
Cash Flow From Investing Activity ⓘ +	-12	-3	-2	7	7	1	-16	-24	-14	1
Capex	-2	-4	-4	-1	-1	-2	-1	-4	-7	-3
Net Investments	-12	-1	0	7	7	2	-15	-21	-7	3
Others ⓘ	2	2	2	2	2	1	0	0	1	1
Cash Flow From Financing Activity ⓘ +	-1	-3	-1	-1	1	-1	-1	-1	-1	-1
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-1	-3	-1	-1	0	0	-1	-1	-1	-1
Others ⓘ	0	0	0	0	1	-1	0	0	0	0
Net Cash Flow ⓘ	1	1	-2	1	1	16	-5	-10	1	3

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	27.24	5.93	3.24	3.01	14.19	8.8	20.76	22.09	17.17	1.41
ROCE (%)	41.19	8.96	5.91	3.67	18.07	11.84	28.46	29.68	22.95	2.42
Asset Turnover Ratio	0.98	0.45	0.44	0.49	0.66	0.66	0.82	0.65	0.59	0.52
PAT to CFO Conversion(x)	1.17	2.33	1	-3	-0.88	2.67	0.8	0.7	0.84	1.5
Working Capital Days
Receivable Days	77.70	108.70	71.80	57.10	69.40	85.80	55.80	71.50	67.40	62.90
Inventory Days	44.50	73	79.90	132.40	162.40	163.90	106.40	130.10	139	156.70
Payable Days	61.40	127.30	217.30	159.90	95.70	55.60	38.70	66.50	73.30	63.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

De Nora India Ltd FAQs

The current trading price of De Nora India on 10-Jun-2026 16:59 is ₹754.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of De Nora India stood at ₹404.6 Cr

The latest P/E ratio of De Nora India as of 09-Jun-2026 is 44.68.

The latest P/B ratio of De Nora India as of 09-Jun-2026 is 3.13.

The 52-week high of De Nora India is ₹995.0 and the 52-week low is ₹559.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of De Nora India is ₹122 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that De Nora India Ltd is a average quality company.

The key valuation ratios of De Nora India Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of De Nora India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About De Nora India Ltd

De Nora India Limited is a Public Limited Company with 51% equity held by De Nora. The Company is a subsidiary of the De Nora and has brought to India the latest technologies with the complete support of De Nora's technical expertise and management. The company is headed by S. C. Jain, Managing Director, who leads a team of professionals with vast experience.

In keeping with the philosophy of the De Nora, De Nora India Limited provides its valuable customers, not only a superior product, but also technical assistance, in installation and operation of their electrodes, for both, new and retrofitted cells of different technologies, through out their operating life.

With his factory in Goa with state-of-the-art facilities, De Nora India meet the demands of the rapidly developing Chlor-alkali industry. This factory also provides us access to the Goa port facilities for our future export commitments.

This service is provided through a team of specialists, a centralized data bank and access to the vast technology resources of De Nora. It is our firm opinion, that De Nora India's strength lies in Its technical expertise backed by its well trained team of specialists. Of course, there is the additional benefit of the direct technical support of De Noraâ€™s highly trained engineering staff, ready to discuss the needs of any prospective client, to define the best optimized solution.

Product range of the company includes:

Chlor-Alkali which makes a full range of products and systems for chlorine and alkali, and sodium and potassium chlorate commodity chemical producers.

Oxygen & Specialties designs, develops and manufactures electrodes, anode coatings and systems for several electrochemical applications

DNI Products - Electrochlorination Systems

Seaclor MacÂ®
Solar Mac Â®
BRAVorâ„¢

De Nora India Ltd (DENORA)

De Nora India Ltd (DENORA)

De Nora India stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of De Nora India - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

De Nora India Ltd FAQs

About De Nora India Ltd

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De Nora India Ltd (DENORA)

De Nora India Ltd (DENORA)

De Nora India stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of De Nora India - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

De Nora India Ltd FAQs

What is the share price of De Nora India?

What is the market cap of De Nora India?

What is the P/E ratio of De Nora India?

What is the P/B ratio of De Nora India?

What is the 52-week high and low of De Nora India?

What is the TTM revenue of De Nora India?

Is De Nora India Ltd a good quality company?

Is De Nora India Ltd undervalued or overvalued?

Is De Nora India Ltd a good buy now?

About De Nora India Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.