De Nora India Ltd

590031

Summary

Fair Value Assessment
Undervalued (8% Discount)
Fair ValueQ806.62UncertaintyHigh
Close Price734.70Mar 25, 2025
Market Closed
723.70
Price Down by 11.00 | 1.50 %
Previous Close
734.70
Day Range
721.00 – 763.80
Year Range
687.35 – 2,022.25
Bid / Ask
Market Cap
3.8 Bil
Volume / Average
2.7 k / 1.6 k
Beta (5-Year)
1.05
Shares Outstanding
5.31 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
De Nora India Ltd manufactures and sells electrolytic products in India. It is recognized as a supplier of technologies for the production of chlorine, caustic soda, and derivatives for the chlor-alkali industry as well as the international manufacturer and recoater of noble metal-coated electrodes, electrolyzers, coating solutions for the electrochemical industry in general. The company's operating segment includes Electrode Technologies, which generates the majority of revenue, and Water Technologies. Geographically, it derives a majority of its revenue from India. The company serves various markets, such as agriculture and livestock, chlorine and caustic industry, bleaching chemicals, corrosion prevention, electronics, energy, food industry, marine, and others.
Contact
Kumdaim Industrial Estate Plot Nos. 184, 185 & 189, Kundiam, GA 403115
T +91 8323981100
india.denora.com opens in a new tab
Sector
Industrials
Industry
Electrical Equipment & Parts
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
48

Key Metrics

Income Statement (in Mil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
645.61 737.27 725.66 735.72 502.60 482.29
Revenue Growth %
-23.36% 1.60% -1.37% 46.38% 4.21% 47.37%
Gross Profit
375.56 439.84 422.12 403.05 222.35 256.63
Gross Profit Margin %
58.17% 59.66% 58.17% 54.78% 44.24% 53.21%
Operating Income
3.39 209.48 247.51 202.83 62.66 82.97
Operating Margin %
0.53% 28.41% 34.11% 27.57% 12.47% 17.20%
EBIT
56.10 246.26 267.60 207.70 67.93 93.41
EBIT Margin %
8.69% 33.40% 36.88% 28.23% 13.52% 19.37%
EBITDA
72.16 257.72 281.29 234.40 93.96 119.34
EBITDA Margin %
11.18% 34.96% 38.76% 31.86% 18.69% 24.74%
Net Income
40.10 190.07 202.76 154.50 56.46 81.28
Net Profit Margin %
6.21% 25.78% 27.94% 21.00% 11.23% 16.85%
Basic EPS
7.55 35.80 38.19 29.10 10.64 15.31
Diluted EPS
7.55 35.80 38.19 29.10 10.64 15.31
Normalized EPS
Total Dividends per Share
2.00 2.00 1.00 1.00
Balance Sheet (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
1,439.83 1,266.73 1,156.60 936.40 796.09 752.07
Total Liabilities
192.23 69.84 139.84 117.59 126.33 138.74
Total Debt
7.67
Total Equity
1,247.60 1,196.89 1,016.76 818.81 669.76 613.33
Cash And Cash Equivalents
50.03 52.39 38.47 138.98 188.91 24.11
Working Capital
920.07 939.80 897.73 712.40 553.53 479.80
Shares Outstanding (Mil)
5.31 5.31
Book Value Per Share
225.46 191.53 154.24 126.16 115.53
Total Debt To Equity
0.01
Cash Flow Statement (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
293.45 160.61 142.75 116.61 161.54 -72.35
Cash From Investing Activities
-284.98 -136.07 -237.95 -161.23 10.93 73.52
Cash From Financing Activities
-1.46 -10.62 -5.31 -5.31 -7.67 7.67
Capital Expenditures
69.32 36.61 10.76 15.66 30.70
Free Cash Flow
99.53 149.57 179.49 65.00 76.95
Change in Cash
7.00 13.92 -100.51 -49.93 164.80 8.83

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

There is no Ownership data available.

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