DE NORA INDIA LIMITED (DENORA) financials

DE NORA INDIA LIMITED (DENORA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1989, De Nora India Ltd manufactures and services Electrolytic products[1]

Market Cap: ₹377Cr.
Current Price: ₹710
Stock P/E: 31.0
ROE: 2.25%
ROCE: 5.83%
Book Value: ₹244
Dividend Yield: 0.56%
52W High / Low: ₹962/559

In Jun 2026, DE NORA INDIA LIMITED (DENORA) reported sales ₹35.27 Cr and net profit ₹6.39 Cr.

Annual TTM: sales ₹115 Cr, net profit ₹12 Cr.

Shareholding: Promoters 53.68% (Sep 2026), FIIs 0.90% (Sep 2026), DIIs 0.22% (Sep 2026), Public 45.22% (Sep 2026), No. of Shareholders 13,648% (Sep 2026).

DENORA quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	18.13	17.56	20.13	41.97	21.84	35.84	21.97	35.27
Expenses	14.92	28.95	16.30	39.53	17.82	33.36	24.24	29.58
Operating Profit	3.21	-11.39	3.83	2.44	4.02	2.48	-2.27	5.69
OPM %	17.71%	-64.86%	19.03%	5.81%	18.41%	6.92%	-10.33%	16.13%
Other Income	1.65	1.50	1.37	2.36	1.70	1.43	1.87	3.45
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.42	0.44	0.45	0.46	0.52	0.52	0.53	0.54
Profit before tax	4.44	-10.33	4.75	4.34	5.20	3.39	-0.93	8.60
Tax %	26.35%	-24.30%	29.68%	25.12%	25.58%	23.89%	-31.18%	25.70%
Net Profit	3.28	-7.81	3.34	3.25	3.87	2.57	-0.64	6.39
EPS in Rs	6.18	-14.71	6.29	6.12	7.29	4.84	-1.21	12.04
Raw PDF	—	—	—	—	—	—	—	—

DENORA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	48	51	74	74	74	69	122	115
Expenses	38	42	51	49	52	70	115	105
Operating Profit	11	8	23	25	21	-1	7	10
OPM %	22%	17%	31%	34%	29%	-1.8%	6%	9%
Other Income	2	2	1	4	5	6	7	8
Interest	0	0	0	0	0	0	0	0
Depreciation	3	3	3	1	1	2	2	2
Profit before tax	10	8	21	27	25	3	12	16
Tax %	22%	25%	26%	25%	25%	38%	25%	—
Net Profit	8	6	15	20	19	2	9	12
EPS in Rs	15.31	10.64	29.10	38.20	35.81	3.18	17.07	22.96
Dividend Payout %	0%	9%	3%	5%	6%	0%	23%	—

DENORA balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5	5	5	5	5	5	5	5
Reserves	48	56	62	77	96	114	115	124
Borrowings	0	1	0	0	0	0	0	0
Other Liabilities	12	13	13	12	14	7	22	30
Total Liabilities	65	75	80	94	116	127	142	160
Fixed Assets	12	10	10	7	8	13	15	18
CWIP	0	1	0	1	2	2	3	0
Investments	14	5	4	23	42	54	52	57
Other Assets	40	60	66	62	64	57	73	84
Total Assets	65	75	80	94	116	127	142	160

DENORA cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-6	-7	16	12	14	16	3	12
Cash from Investing Activity	7	7	1	-16	-24	-14	1	-3
Cash from Financing Activity	-1	1	-1	-1	-1	-1	-1	0
Net Cash Flow	1	1	16	-5	-10	1	3	9
Free Cash Flow	-7	-8	15	11	11	9	-0	8
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-1,094%	-46%	203%	74%	86%	106%	-602%	248%

DENORA shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	53.68%	53.68%	53.68%	53.68%	53.68%	53.68%	53.68%	53.68%
FIIs	0.10%	0.14%	0.03%	0.01%	0.02%	0.72%	0.83%	0.90%
DIIs	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%
Public	46.00%	45.96%	46.06%	46.10%	46.10%	45.38%	45.26%	45.22%
No. of Shareholders	16,033	15,762	15,485	15,024	14,679	14,214	13,960	13,648

DENORA key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	61	97	79	58	84	51	71	35
Inventory Days	516	471	273	288	397	401	413	164
Days Payable	182	83	47	37	91	51	81	56
Cash Conversion Cycle	396	486	305	309	391	401	403	144
Working Capital Days	136	218	156	132	164	157	128	41
ROCE %	4%	18%	12%	28%	30%	22%	1%	6%

DENORAUpdated 21 Oct 2026, 3:50

De Nora India Limited

DENORAUpdated 21 Oct 2026, 3:50

Market Cap

₹377Cr.

Current Price

₹710

High / Low

₹962/559

Stock P/E

31.0

ROE2.25%

ROCE5.83%

Book Value₹244

Face Value₹10.0

Dividend Yield0.56%

About

Incorporated in 1989, De Nora India Ltd manufactures and services Electrolytic products[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	9.14	9.35	1.16	0.25	0.7	25.71	0.52	0.98
Sep 2023	19.08	11.44	1.14	0.25	8.53	25.56	6.35	11.96
Dec 2023	29.4	21.91	1.19	0.29	8.39	22.77	6.48	12.21
Mar 2024	16.18	9.93	1.71	0.35	7.61	25.76	5.66	10.66
Jun 2024	12.76	9.82	1.34	0.4	3.88	25.77	2.88	5.43
Sep 2024	18.13	14.92	1.65	0.42	4.44	26.35	3.28	6.18
Dec 2024	17.56	28.95	1.5	0.44	-10.33	-24.3	-7.81	-14.71
Mar 2025	20.13	16.3	1.37	0.45	4.75	29.68	3.34	6.29
Jun 2025	41.97	39.53	2.36	0.46	4.34	25.12	3.25	6.12
Sep 2025	21.84	17.82	1.7	0.52	5.2	25.58	3.87	7.29
Dec 2025	35.84	33.36	1.43	0.52	3.39	23.89	2.57	4.84
Mar 2026	21.97	24.24	1.87	0.53	-0.93	-31.18	-0.64	-1.21
Jun 2026	35.27	29.58	3.45	0.54	8.6	25.7	6.39	12.04

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Dec 2014	31	25	2	1	6	29	4	8.01
Mar 2016 15m	51	35	4	1	18	33	12	22.57
Mar 2017	27	25	3	1	4	33	3	5.61
Mar 2018	27	25	3	2	3	45	2	3.18
Mar 2019	33	32	4	3	2	13	2	3
Mar 2020	48	38	2	3	10	22	8	15.31
Mar 2021	51	42	2	3	8	25	6	10.64
Mar 2022	74	51	1	3	21	26	15	29.1
Mar 2023	74	49	4	1	27	25	20	38.2
Mar 2024	74	52	5	1	25	25	19	35.81
Mar 2025	69	70	6	2	3	38	2	3.18
Mar 2026	122	115	7	2	12	25	9	17.07
TTM	115	105	8	2	16	—	12	22.96

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	53.68%
FIIs	0.9%
DIIs	0.22%
Public	45.22%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	53.68%	0.19%	0.22%	—	45.92%
Mar 2024	53.68%	0.1%	0.22%	—	46%
Jun 2024	53.68%	0.09%	0.22%	—	45.99%
Sep 2024	53.68%	0.09%	0.22%	—	46.01%
Dec 2024	53.68%	0.1%	0.22%	—	46%
Mar 2025	53.68%	0.14%	0.22%	—	45.96%
Jun 2025	53.68%	0.03%	0.22%	—	46.06%
Sep 2025	53.68%	0.01%	0.22%	—	46.1%
Dec 2025	53.68%	0.02%	0.22%	—	46.1%
Mar 2026	53.68%	0.72%	0.22%	—	45.38%
Jun 2026	53.68%	0.83%	0.22%	—	45.26%
Sep 2026	53.68%	0.9%	0.22%	—	45.22%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Dec 2014	5	34	0	9	49	7	1	14	26	49
Mar 2016	5	43	0	12	60	7	2	19	32	60
Mar 2017	5	47	0	12	64	7	7	20	29	64
Mar 2018	5	47	0	11	63	14	0	20	29	63
Mar 2019	5	48	0	12	65	12	0	14	40	65
Mar 2020	5	56	1	13	75	10	1	5	60	75
Mar 2021	5	62	0	13	80	10	0	4	66	80
Mar 2022	5	77	0	12	94	7	1	23	62	94
Mar 2023	5	96	0	14	116	8	2	42	64	116
Mar 2024	5	114	0	7	127	13	2	54	57	127
Mar 2025	5	115	0	22	142	15	3	52	73	142
Mar 2026	5	124	0	30	160	18	0	57	84	160

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Dec 2014	10	-8	-3	-1
Mar 2016	14	-12	-1	1
Mar 2017	7	-3	-3	1
Mar 2018	2	-2	-1	-2
Mar 2019	-6	7	-1	1
Mar 2020	-7	7	1	1
Mar 2021	16	1	-1	16
Mar 2022	12	-16	-1	-5
Mar 2023	14	-24	-1	-10
Mar 2024	16	-14	-1	1
Mar 2025	3	1	-1	3
Mar 2026	12	-3	0	9

Key ratios

Historical financial ratios

Category	Dec 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	139	75	82	64	61	97	79	58	84	51	71	35
Inventory Days	229	130	198	398	516	471	273	288	397	401	413	164
Days Payable	67	80	114	264	182	83	47	37	91	51	81	56
Cash Conversion Cycle	302	125	166	199	396	486	305	309	391	401	403	144
Working Capital Days	144	45	14	48	136	218	156	132	164	157	128	41
ROCE %	16%	41%	9%	6%	4%	18%	12%	28%	30%	22%	1%	6%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of DE NORA INDIA LIMITED (DENORA)?

The reported market capitalisation for DE NORA INDIA LIMITED (DENORA) is ₹377Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of DENORA?

The current price shown for DE NORA INDIA LIMITED (DENORA) on Fincrux is ₹710 with a 52-week high/low of ₹962/559.

What is the P/E ratio of DE NORA INDIA LIMITED (DENORA)?

The stock P/E for DE NORA INDIA LIMITED (DENORA) is 31.0 on Fincrux, with ROE at 2.25% and ROCE at 5.83%.

What were DENORA latest quarterly results?

For Jun 2026, DE NORA INDIA LIMITED (DENORA) reported sales ₹35.27 Cr and net profit ₹6.39 Cr (figures in ₹ crore unless noted).

What are DENORA annual sales and net profit?

For TTM, DE NORA INDIA LIMITED (DENORA) shows sales of ₹115 Cr and net profit of ₹12 Cr on the Fincrux profit & loss statement.

Who owns DE NORA INDIA LIMITED (DENORA)?

Latest shareholding for DE NORA INDIA LIMITED (DENORA) on Fincrux: Promoters 53.68% (Sep 2026), FIIs 0.90% (Sep 2026), DIIs 0.22% (Sep 2026), Public 45.22% (Sep 2026), No. of Shareholders 13,648% (Sep 2026).

Where can I find DE NORA INDIA LIMITED (DENORA) financials?

DE NORA INDIA LIMITED (DENORA) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show DENORA balance sheet and cash flow?

Yes. The DE NORA INDIA LIMITED (DENORA) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 21 October 2026 at 3:50