Here is a data-driven look at De Nora India Limited (DENORA), covering financial performance, valuation, and shareholding trends.
De Nora India Revenue Trend
At ₹74.4 Cr, De Nora India Limited's FY2025 revenue came in 5.8% lower than the ₹79.0 Cr earned in FY2024.
Stepping back, the 11-year revenue CAGR of 8.4% shows De Nora India Limited has been growing at a moderate, sustainable pace.
De Nora India Limited is a smaller electrical equipment company by revenue, with a top line of ₹74.4 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹74.4 Cr | -5.8% |
| FY2024 | ₹79.0 Cr | +2.0% |
| FY2023 | ₹77.4 Cr | +3.1% |
| FY2022 | ₹75.1 Cr | +48.6% |
| FY2021 | ₹50.5 Cr | — |
View De Nora India Limited's full 10-year revenue trend with CAGR analysis →
De Nora India Profitability
Year-over-year, De Nora India Limited's bottom line dropped 91.1% from ₹19.0 Cr to ₹1.69 Cr in FY2025.
A drop in net margin from 24.1% to 2.3% in FY2025 suggests costs grew faster than revenue.
On an EPS basis, the company earned ₹3.19 (diluted) in FY2025 versus ₹35.80 in FY2024.
Is De Nora India Undervalued
De Nora India Limited shares are currently trading at ₹891.05.
Craytheon calculates intrinsic value using the P/E Ratio and EPS Growth models. Both appear in the Valuation Models cards below.
Valuation Models
De Nora India Shareholding Pattern
Promoters haven't moved — their 53.7% holding has been unchanged for 4 quarters.
The FII stake is at 0.8% as of June 2026, compared to 0.0% in the year-ago period.
As of June 2026, DIIs own 0.2% of the company, the same as a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 53.7% | 0.8% | 0.2% | 45.3% |
| Mar 2026 | 53.7% | 0.7% | 0.2% | 45.4% |
| Dec 2025 | 53.7% | 0.0% | 0.2% | 46.1% |
| Sep 2025 | 53.7% | 0.0% | 0.2% | 46.1% |
Track quarterly shareholding changes for De Nora India Limited →
De Nora India Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹1.42B, up 12.3% YoY from ₹1.27B.
Cash & ST Investments accounts for 44.1% of the total, ahead of Inventories (22.0%) and Other Assets (12.1%).
Capital structure: 84.4% equity, 0.0% debt, 15.6% operating liabilities. Notable shift: Other Liabilities is up 473.4% YoY (₹26.33M → ₹151.00M).
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 627.89M |
| Receivables | 134.17M |
| Inventories | 313.27M |
| Property, Plant & Equipment | 171.01M |
| Investments | 2.29M |
| Intangibles & Goodwill | 3.00M |
| Other Assets | 171.50M |
| Category | Value |
|---|---|
| Equity | 1.20B |
| Trade Payables | 70.62M |
| Other Liabilities | 151.00M |
De Nora India at a Glance
Here's the bottom line on De Nora India Limited (DENORA) based on the latest available financials.
Revenue of ₹74.4 Cr in FY2025, down 5.8% year-over-year.
Long-term revenue has been compounding at 8.4% annually over 11 years.
The company is profitable, with a net margin of 2.3% and net income of ₹1.69 Cr.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for De Nora India Limited includes three valuation models, decade-long financials, and insider activity.