De Nora India Limited
DENORA · 590031 · Industrials · Electrodes & Refractories
- Market cap
- Rs 370 Cr
- P/E
- 30.37x
- P/B
- 2.86x
- 52W high / low
- Rs 960.35 / Rs 560.25
Our computed operating_margin (14.15%) diverges from BSE's own published figure (-1.81%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong. Our computed net_margin (10.61%) diverges from BSE's own published figure (-2.90%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About De Nora India
De Nora India Limited is listed on the NSE under the symbol DENORA and on the BSE under scrip code 590031. It is classified in the Industrials sector, industry: Electrodes & Refractories. The company listed on 7 Aug 1997 and has a face value of Rs 10.
The latest available end-of-day price is Rs 697.7 (−1.08% on the day), for a market capitalisation of Rs 370 Cr. Trailing P/E is 30.37x and price-to-book is 2.86x. The 52-week range is Rs 560.25 to Rs 960.35. The latest price is 34% of the way from the 52-week low to the 52-week high.
Against the 6-company comparison set from the official BSE basic industry Electrodes & Refractories, its market capitalisation is 0.9 times the peer median of Rs 420 Cr, and its P/E of 30.37x compares with a peer median of 23.54x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), De Nora India Limited reported revenue of Rs 122 Cr and net profit of Rs 9.1 Cr, with a net margin of 7.45% and earnings per share of Rs 17.06 (standalone statements).
Year-on-year change: revenue +73.25%; net profit +434.90%; EPS +434.80%. Three-year compound annual growth rate: revenue +18.53%; net profit −23.56%.
At the same date the balance sheet shows total assets of Rs 160 Cr, shareholders' equity of Rs 129 Cr, total debt of Rs 0 Cr, cash of Rs 17 Cr, a debt-to-equity ratio of 0.00 and operating cash flow of Rs 12.2 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 115 Cr, net income of Rs 12.2 Cr and a net margin of 10.61%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, De Nora India Limited's ownership is split: promoters 53.68%; foreign institutional investors (FIIs) 0.89%; domestic institutional investors (DIIs) 0.22%; retail and other shareholders 45.21%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.06 percentage points; DII holding 0.00 percentage points.
The same filing lists reported promoter pledge of 0.00% and 13,648 shareholders on record.
Recent filings and corporate actions
46 BSE corporate announcements were filed by De Nora India Limited in the past twelve months; the most frequent category is "Company Update" (22). The most recent is "De Nora India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to cons…" (Board Meeting), filed on 23 Oct 2026.
The disclosed corporate-action timeline lists 4 entries: dividend (4). The latest is a dividend (Final Dividend - Rs. - 4.0000) with ex-date 16 Sept 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Electrodes & Refractories. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| IFGL Refractories Limited | Rs 172.48 | Rs 1,243 Cr | Rs 1,962 Cr | Rs 41 Cr | 30.37x | 3.59% |
| Foseco Crucible (India) Ltd | Rs 1,928.9 | Rs 1,080 Cr | Rs 194 Cr | Rs 28.7 Cr | 37.65x | 21.10% |
| ORIENT CERATECH LIMITED | Rs 39.26 | Rs 470 Cr | Rs 417 Cr | Rs 26.1 Cr | 16.71x | 8.93% |
| De Nora India LimitedThis company | Rs 697.7 | Rs 370 Cr | Rs 123 Cr | Rs 12.2 Cr | 30.37x | 9.78% |
| Panasonic Carbon India Company Ltd-$ | Rs 384.95 | Rs 185 Cr | Rs 62.8 Cr | Rs 19.2 Cr | 9.63x | 10.68% |
| Nilachal Refractories Ltd | Rs 36 | Rs 73.3 Cr | Rs 2.3 Cr | Rs -7.6 Cr | — | — |
| Median | Rs 278.72 | Rs 420 Cr | Rs 270 Cr | Rs 22.7 Cr | 23.54x | 9.35% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to De Nora India
Same official industry (Electrodes & Refractories)
- IFGL Refractories LimitedIFGLEXPOR · Market cap Rs 1,243 Cr
- Foseco Crucible (India) LtdINE599F01020 · Market cap Rs 1,080 Cr
- ORIENT CERATECH LIMITEDORIENTCER · Market cap Rs 470 Cr
- Panasonic Carbon India Company Ltd-$INE013E01017 · Market cap Rs 185 Cr
- Nilachal Refractories LtdINE416N01013 · Market cap Rs 73.3 Cr
Other Industrials companies of a similar market capitalisation
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- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
- Afcons Infrastructure LimitedAFCONS · Market cap Rs 7,784 Cr
- NCC LimitedNCC · Market cap Rs 7,416 Cr
- RHI MAGNESITA INDIA LIMITEDRHIM · Market cap Rs 7,228 Cr
- HEG Advanced Materials LimitedHEGAM · Market cap Rs 4,697 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.