| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
590031 Stock Overview
De Nora India Limited manufactures, sells, and services electrolytic products in India and internationally.
De Nora India Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹674.25 |
| 52 Week High | ₹886.00 |
| 52 Week Low | ₹295.00 |
| Beta | 1.03 |
| 1 Month Change | -16.18% |
| 3 Month Change | -10.53% |
| 1 Year Change | 108.07% |
| 3 Year Change | 219.78% |
| 5 Year Change | 157.89% |
| Change since IPO | 9,396.48% |
Recent News & Updates
Shareholder Returns
| 590031 | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | 1.2% | 2.2% | 1.9% |
| 1Y | 108.1% | 27.6% | 9.1% |
Return vs Industry: 590031 exceeded the Indian Electrical industry which returned 27.6% over the past year.
Return vs Market: 590031 exceeded the Indian Market which returned 9.1% over the past year.
Price Volatility
| 590031 volatility | |
|---|---|
| 590031 Average Weekly Movement | 9.2% |
| Electrical Industry Average Movement | 6.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 590031 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 590031's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 56 | Vinay Chopra | https://india.denora.com |
De Nora India Limited manufactures, sells, and services electrolytic products in India and internationally. It is primarily involved in the manufacture and coating of anodes and cathodes for electrolytic processes in the chlor-alkali industry. The company also offers Seaclor, a seawater system; Seaclor Mac, a brine base system; LIDA MMO coated titanium anodes for ICCP; platinized anodes for surface finishing; and Solar MacTM, a system that produces clean water from clean energy.
De Nora India Fundamentals Summary
| 590031 fundamental statistics | |
|---|---|
| Market Cap | ₹3.58b |
| Earnings (TTM) | ₹178.31m |
| Revenue (TTM) | ₹814.38m |
20.1x
P/E Ratio4.4x
P/S RatioIs 590031 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 590031 income statement (TTM) | |
|---|---|
| Revenue | ₹814.38m |
| Cost of Revenue | ₹331.93m |
| Gross Profit | ₹482.45m |
| Other Expenses | ₹304.14m |
| Earnings | ₹178.31m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 33.59 |
| Gross Margin | 59.24% |
| Net Profit Margin | 21.90% |
| Debt/Equity Ratio | 0.0% |
How did 590031 perform over the long term?
See historical performance and comparisonDividends
0.1%
Current Dividend Yield3%
Payout RatioValuation
Is 590031 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 590031?
Other financial metrics that can be useful for relative valuation.
| What is 590031's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹3.58b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.8x |
| Enterprise Value/EBITDA | 11.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 590031's PE Ratio compare to its peers?
| 590031 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23.1x | ||
517059 Salzer Electronics | 13.4x | n/a | ₹3.6b |
532928 Transformers and Rectifiers (India) | 26.1x | n/a | ₹4.6b |
523100 Cosmo Ferrites | 29.7x | n/a | ₹4.6b |
MARINE Marine Electricals (India) | 23.2x | n/a | ₹3.5b |
590031 De Nora India | 20.1x | n/a | ₹3.6b |
Price-To-Earnings vs Peers: 590031 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (23.1x).
Price to Earnings Ratio vs Industry
How does 590031's PE Ratio compare vs other companies in the IN Electrical Industry?
Price-To-Earnings vs Industry: 590031 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the Indian Electrical industry average (20.8x)
Price to Earnings Ratio vs Fair Ratio
What is 590031's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 20.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 590031's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 590031 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 590031 (₹674.25) is trading above our estimate of fair value (₹310.82)
Significantly Below Fair Value: 590031 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is De Nora India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
19.4%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as De Nora India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Check out De Nora India's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- De Nora India competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has De Nora India performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
38.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 590031 has high quality earnings.
Growing Profit Margin: 590031's current net profit margins (21.9%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: 590031's earnings have grown significantly by 38.6% per year over the past 5 years.
Accelerating Growth: 590031's earnings growth over the past year (489%) exceeds its 5-year average (38.6% per year).
Earnings vs Industry: 590031 earnings growth over the past year (489%) exceeded the Electrical industry 33.7%.
Return on Equity
High ROE: 590031's Return on Equity (21.8%) is considered high.
Discover strong past performing companies
Financial Health
How is De Nora India's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 590031's short term assets (₹830.0M) exceed its short term liabilities (₹117.6M).
Long Term Liabilities: 590031 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 590031 is debt free.
Reducing Debt: 590031 had no debt 5 years ago.
Debt Coverage: 590031 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 590031 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is De Nora India current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 590031's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: 590031's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).
Stability and Growth of Payments
Stable Dividend: 590031 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 590031 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: 590031 is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: 590031 is not paying a notable dividend for the Indian market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average board tenure
CEO
Vinay Chopra (53 yo)
6.08yrs
Tenure
₹3,846,000
Compensation
Mr. Vinay Chopra has been Managing Director and Executive Director of De Nora India Limited since July 16, 2016 and May 9, 2013 respectively and served as its Manager since July 16, 2013 until July 15, 201...
CEO Compensation Analysis
Compensation vs Market: Vinay's total compensation ($USD48.49K) is about average for companies of similar size in the Indian market ($USD37.73K).
Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 590031's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
De Nora India Limited's employee growth, exchange listings and data sources
Key Information
- Name: De Nora India Limited
- Ticker: 590031
- Exchange: BSE
- Founded: 1989
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: ₹3.579b
- Shares outstanding: 5.31m
- Website: https://india.denora.com
Number of Employees
Location
- De Nora India Limited
- Kundaim Industrial Estate
- Plot Nos. 184, 185 & 189
- Ponda
- Goa
- 403115
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/17 00:00 |
| End of Day Share Price | 2022/08/17 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2022/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.