De Nora India Ltd - Stock Valuation and Financial Performance

BSE: 590031 | NSE: DENORA | Electrodes & Welding Equipment | Small Cap

De Nora India Share Price

1,350 -44.45 -3.19%
as on 13-Dec'24 15:17

DeciZen - make an informed investing decision on De Nora India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

De Nora India stock performance -

mw4me loader
P/E Ratio (SA):
40.45
Market Cap:
740.3 Cr.
52-wk low:
1,140
52-wk high:
2,022.3

Is De Nora India Ltd an attractive stock to invest in?

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

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

2. Is De Nora India Ltd undervalued or overvalued?

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

3. Is De Nora India Ltd a good buy now?

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.

10 Year X-Ray of De Nora India:

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
De Nora India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Dec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 16.5%41.2%9%5.9%3.7%18.1%11.8%28.5%29.7%23%-
Value Creation
Index
0.21.9-0.4-0.6-0.70.3-0.21.01.10.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30.540.726.72732.848.250.574.273.673.876
Sales YoY Gr.-33.3%-34.4%1.4%21.3%47.1%4.8%46.8%-0.8%0.3%-
Adj EPS 8.1185.63.6315.210.62938.434.534.5
YoY Gr.-122.4%-68.7%-35.7%-16.9%406%-30.3%173.6%32.1%-10.2%-
BVPS (₹) 7473.397.898.7100.3115.5126.2154.2191.5225.5235
Adj Net
Profit
4.39.631.91.68.15.615.420.418.318
Cash Flow from Ops. 9.7117.21.9-6.1-7.216.211.714.316.1-
Debt/CF from Ops. 00000-0.10000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.3%17.6%13.5%0.3%
Adj EPS 17.5%62.8%48.1%-10.2%
BVPS13.2%17.6%21.4%17.7%
Share Price 24.8% 46.9% 40.3% -16%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
11.427.25.93.7314.18.820.722.216.515
Op. Profit
Mgn %
17.130.57.78.51.621.916.830.933.929.126
Net Profit
Mgn %
14.123.511.27.14.916.811.120.827.724.823.9
Debt to
Equity
00000000000
Working Cap
Days
305182289214284295288208267263278
Cash Conv.
Cycle
2078912487121176214137162165245

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.45%

Net Profit is growing at healthy rate in last 3 years 48.08%

Sales growth is good in last 4 quarters at 11.61%

Return on Equity has declined versus last 3 years average to 15.00%

Latest Financials - De Nora India Ltd.

Standalone Consolidated
TTM EPS (₹) 34.5 -
TTM Sales (₹ Cr.) 76.5 -
BVPS (₹.) 235 -
Reserves (₹ Cr.) 119 -
P/BV 5.93 -
PE 40.45 -
From the Market
52 Week Low / High (₹) 1140.00 / 2022.25
All Time Low / High (₹) 33.00 / 2334.00
Market Cap (₹ Cr.) 740
Equity (₹ Cr.) 5.3
Face Value (₹) 10
Industry PE 40.7

Management X-Ray of De Nora India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of De Nora India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales31512727334851747474
Operating Expenses 25352525323842514952
Manufacturing Costs464666571012
Material Costs111796122026302625
Employee Cost 5766655666
Other Costs 66678658710
Operating Profit 516220118232521
Operating Profit Margin (%) 16.8%30.5%7.6%7.2%1.5%21.9%16.6%30.9%33.6%28.9%
Other Income 2433422145
Interest 0000000000
Depreciation 1112333311
Exceptional Items 0000000000
Profit Before Tax 618432108212725
Tax 2611022676
Profit After Tax 41232286152019
PAT Margin (%) 13.9%23.6%11.2%6.3%4.8%16.9%11.2%20.8%27.6%25.8%
Adjusted EPS (₹)8.022.65.63.23.015.310.629.138.235.8
Dividend Payout Ratio (%)19%18%36%31%0%0%9%3%5%6%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3949525253616782102120
Share Capital 5555555555
Reserves 344347474856627796114
Minority Interest0000000000
Debt0000010000
Long Term Debt0000000000
Short Term Debt0000010000
Trade Payables2435653374
Others Liabilities 6786128817173
Total Liabilities 47596262717479102125126

Fixed Assets

Gross Block1820817171718192027
Accumulated Depreciation121313579111313
Net Fixed Assets777141210107813
CWIP 1270010122
Investments 141920201454234255
Inventories7657172619242928
Trade Receivables12106561311121710
Cash Equivalents 21131112143021158
Others Assets413361165141310
Total Assets 47596262717479102125126

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 101472-6-716121416
PBT 618432108212725
Adjustment 0-1-102213-1-2
Changes in Working Capital 5360-10-188-7-4-1
Tax Paid -1-7-2-10-1-1-5-7-7
Cash Flow From Investing Activity -8-12-3-2771-16-24-14
Capex -1-2-4-4-1-1-2-1-4-7
Net Investments -7-12-10772-15-21-7
Others 0222221001
Cash Flow From Financing Activity -3-1-3-1-11-1-1-1-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid -2-1-3-1-100-1-1-1
Others 000001-1000
Net Cash Flow -111-21116-5-101
PARTICULARSDec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)11.3127.245.933.243.0114.198.820.7622.0917.17
ROCE (%)16.4541.198.965.913.6718.0711.8428.4629.6822.95
Asset Turnover Ratio0.670.980.450.440.490.660.660.820.650.59
PAT to CFO Conversion(x)2.51.172.331-3-0.882.670.80.70.84
Working Capital Days
Receivable Days1437810972576986567167
Inventory Days105447380132162164106130139
Payable Days79611272171609656396773

De Nora India Ltd Stock News

De Nora India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of De Nora India on 13-Dec-2024 15:17 is ₹1,350.
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 13-Dec-2024 15:17 the market cap of De Nora India stood at ₹740.3.
The latest P/E ratio of De Nora India as of 13-Dec-2024 15:17 is 40.45.
The latest P/B ratio of De Nora India as of 13-Dec-2024 15:17 is 5.93.
The 52-week high of De Nora India is ₹2,022.3 and the 52-week low is ₹1,140.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of De Nora India is ₹76.47 ( Cr.) .

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 Nora’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 Mac®
  • Solar Mac ®
  • BRAVorâ„¢
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.