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De Nora India

BSE:590031
Snowflake Description

Flawless balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
590031
BSE
₹1B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

De Nora India Limited manufactures, sells, and services electrolytic products primarily in India and internationally. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • De Nora India has significant price volatility in the past 3 months.
590031 Share Price and Events
7 Day Returns
0.2%
BSE:590031
-0.2%
IN Electrical
-1.1%
IN Market
1 Year Returns
-16.8%
BSE:590031
-3%
IN Electrical
-1.6%
IN Market
590031 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
De Nora India (590031) 0.2% -5.2% -16.6% -16.8% -36.1% 58.7%
IN Electrical -0.2% 0.2% 0% -3% 26.3% 18.4%
IN Market -1.1% -1.5% 0.7% -1.6% 32.6% 39.1%
1 Year Return vs Industry and Market
  • 590031 underperformed the Electrical industry which returned -3% over the past year.
  • 590031 underperformed the Market in India which returned -1.6% over the past year.
Price Volatility
590031
Industry
5yr Volatility vs Market

Value

 Is De Nora India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for De Nora India. This is due to cash flow or dividend data being unavailable. The share price is ₹236.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for De Nora India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are De Nora India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:590031 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹2.99
BSE:590031 Share Price ** BSE (2019-06-21) in INR ₹236
India Electrical Industry PE Ratio Median Figure of 73 Publicly-Listed Electrical Companies 12.76x
India Market PE Ratio Median Figure of 2,825 Publicly-Listed Companies 15.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of De Nora India.

BSE:590031 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:590031 Share Price ÷ EPS (both in INR)

= 236 ÷ 2.99

78.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De Nora India is overvalued based on earnings compared to the IN Electrical industry average.
  • De Nora India is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does De Nora India's expected growth come at a high price?
Raw Data
BSE:590031 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 78.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16.4%per year
India Electrical Industry PEG Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.27x
India Market PEG Ratio Median Figure of 523 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for De Nora India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on De Nora India's assets?
Raw Data
BSE:590031 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹100.37
BSE:590031 Share Price * BSE (2019-06-21) in INR ₹236
India Electrical Industry PB Ratio Median Figure of 87 Publicly-Listed Electrical Companies 0.86x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 0.97x
BSE:590031 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:590031 Share Price ÷ Book Value per Share (both in INR)

= 236 ÷ 100.37

2.35x

* Primary Listing of De Nora India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De Nora India is overvalued based on assets compared to the IN Electrical industry average.
X
Value checks
We assess De Nora India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. De Nora India has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is De Nora India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover De Nora India, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is De Nora India expected to grow at an attractive rate?
  • De Nora India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • De Nora India's earnings growth is positive but not above the India market average.
  • Unable to compare De Nora India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:590031 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:590031 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16.4%
India Electrical Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
India Electrical Industry Revenue Growth Rate Market Cap Weighted Average 11.2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.7%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:590031 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:590031 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 328 16
2018-12-31 347 37
2018-09-30 364 52
2018-06-30 330 37
2018-03-31 282 27 17
2017-12-31 311 47
2017-09-30 227 5
2017-06-30 260 21
2017-03-31 280 72 30
2016-12-31 338 44
2016-09-30 378 62
2016-06-30 426 87
2016-04-01 438 110 104

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • De Nora India's earnings are expected to grow by 16.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if De Nora India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:590031 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from De Nora India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:590031 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 2.99
2018-12-31 7.03
2018-09-30 9.78
2018-06-30 6.85
2018-03-31 3.18
2017-12-31 8.84
2017-09-30 0.99
2017-06-30 4.00
2017-03-31 5.61
2016-12-31 8.26
2016-09-30 11.60
2016-06-30 16.41
2016-04-01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if De Nora India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess De Nora India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
De Nora India has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has De Nora India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare De Nora India's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • De Nora India's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • De Nora India's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • De Nora India's 1-year earnings growth is negative, it can't be compared to the IN Electrical industry average.
Earnings and Revenue History
De Nora India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from De Nora India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:590031 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 327.83 15.87 64.95
2018-12-31 347.32 37.33 64.42
2018-09-30 363.64 51.87 68.43
2018-06-30 330.50 36.70 66.12
2018-03-31 281.86 16.90 64.52
2017-12-31 311.24 46.85 63.38
2017-09-30 227.47 5.25 61.53
2017-06-30 260.47 21.09 59.50
2017-03-31 280.10 29.80 59.74
2016-12-31 337.68 43.82 59.64
2016-09-30 377.78 61.53 58.36
2016-06-30 425.55 87.19 58.07
2016-04-01 438.22 104.31 57.61
2015-12-31 369.33 92.50 54.89
2015-09-30 354.30 80.33 105.89
2015-06-30 295.54 64.17 102.13
2015-03-31 307.13 46.75 46.84
2014-12-31 306.68 42.53 48.40
2014-09-30 299.87 33.89 103.27
2014-06-30 312.41 38.90 100.81
2014-03-31 325.51 38.90 101.53
2013-12-31 358.08 47.76 96.84
2013-09-30 474.16 76.20 92.07
2013-06-30 633.33 124.08 94.10
2013-03-31 645.99 139.45 92.81
2012-12-31 642.54 133.07 91.45
2012-09-30 635.28 126.49 93.16
2012-06-30 429.11 67.27 91.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • De Nora India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • De Nora India used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
  • It is difficult to establish if De Nora India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess De Nora India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
De Nora India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is De Nora India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up De Nora India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • De Nora India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • De Nora India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of De Nora India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • De Nora India has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from De Nora India Company Filings, last reported 2 months ago.

BSE:590031 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 532.25 0.00 251.55
2018-12-31 547.39 0.00 286.55
2018-09-30 547.39 0.00 286.55
2018-06-30 523.77 0.00 294.61
2018-03-31 523.77 0.00 294.61
2017-12-31 492.34 0.00 312.18
2017-09-30 492.34 0.00 312.18
2017-06-30 515.42 0.00 330.15
2017-03-31 519.24 0.00 313.79
2016-12-31 499.40 0.00 198.18
2016-09-30 499.40 0.00 198.18
2016-06-30 486.58 0.00 205.75
2016-04-01 515.40 0.00 204.66
2015-12-31 484.87 0.00 284.90
2015-09-30 432.08 0.00 264.38
2015-06-30 432.08 0.00 264.38
2015-03-31 392.64 0.00 153.33
2014-12-31 392.64 0.00 163.83
2014-09-30 377.50 0.00 97.21
2014-06-30 377.50 0.00 97.21
2014-03-31 359.43 3.13 87.92
2013-12-31 359.43 3.13 87.92
2013-09-30 363.44 9.89 115.23
2013-06-30 363.44 9.89 115.23
2013-03-31 336.81 0.00 202.62
2012-12-31 336.81 0.00 202.62
2012-09-30 282.84 0.00 62.03
2012-06-30 282.84 0.00 62.03
  • De Nora India has no debt.
  • De Nora India has no debt compared to 5 years ago when it was 0.9%.
  • De Nora India has no debt, it does not need to be covered by operating cash flow.
  • De Nora India has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess De Nora India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. De Nora India has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is De Nora India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.42%
Current annual income from De Nora India dividends.
If you bought ₹2,000 of De Nora India shares you are expected to receive ₹8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • De Nora India's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • De Nora India's dividend is below the markets top 25% of dividend payers in India (2.08%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:590031 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Electrical Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 1.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:590031 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-27 1.000 0.381
2017-10-05 2.000 0.627
2017-05-09 2.000 0.757
2016-08-10 4.000 1.538
2015-06-03 1.500 0.619
2015-02-19 1.500 1.080
2014-04-16 4.000 2.727
2014-02-12 4.000 3.644
2013-02-22 7.000 5.605
2012-06-28 6.000 3.640
2011-02-28 5.000 5.323
2011-02-17 5.000 6.725
2010-10-28 0.000 0.000
2010-07-30 0.000 0.000
2010-03-12 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De Nora India has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • De Nora India has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of De Nora India's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess De Nora India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can De Nora India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. De Nora India has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of De Nora India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vinay Chopra
COMPENSATION ₹4,501,000
AGE 49
TENURE AS CEO 2.9 years
CEO Bio

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, 2016.

CEO Compensation
  • Vinay's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Vinay's remuneration is higher than average for companies of similar size in India.
Management Team

Vinay Chopra

TITLE
MD & Executive Director
COMPENSATION
₹5M
AGE
49
TENURE
2.9 yrs

Deepak Nagvekar

TITLE
Chief Financial Officer
COMPENSATION
₹2M

Jyoti Bandodkar

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹674K
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the De Nora India board of directors in years:

2.7
Average Tenure
59
Average Age
  • The average tenure for the De Nora India board of directors is less than 3 years, this suggests a new board.
Board of Directors

Satish Dhume

TITLE
Non-Executive Independent Chairman
AGE
69
TENURE
0.4 yrs

Vinay Chopra

TITLE
MD & Executive Director
COMPENSATION
₹5M
AGE
49
TENURE
6.1 yrs

Sarita D’Souza

TITLE
Independent Non Executive Woman Director
COMPENSATION
₹115K
TENURE
4.8 yrs

Robert Scannell

TITLE
Non-Executive Director
COMPENSATION
₹35K
AGE
59
TENURE
2.8 yrs

Supriya Narendra Banerji

TITLE
Non Executive Director
COMPENSATION
₹25K
AGE
62
TENURE
2.7 yrs

Francesco L' Abbate

TITLE
Non-Executive Director
AGE
34
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess De Nora India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. De Nora India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

De Nora India Limited manufactures, sells, and services electrolytic products primarily in India and internationally. The company is involved in the manufacture and coating of anodes and cathodes for electrolytic process for various industrial applications, such as chlor-alkali, water, pulp and paper manufacturing, surface finishing, and plating industries, as well as cathodic protection systems of steel structures, electrochlorination systems, and platinized anodes for surface finishing applications. It also offers Seaclor, a seawater system; Seaclor Mac, a brine base system; LIDA MMO coated titanium anodes for ICCP; Solar Mac systems, which cleans water from clean energy; and GISELLE, an instant disinfectant cum sanitizer generator. The company markets its products to agriculture and livestock, bleaching and chemicals, corrosion prevention, electronics, energy, marine, mining, pool, professional cleaning, renewable energy storage, surface finishing, municipal, and veterinary and animal care sector, as well as chlorine and caustic, and food industries. The company was formerly known as Titanor Components Limited and changed its name to De Nora India Limited in June 2007. The company was founded in 1989 and is based in Ponda, India. De Nora India Limited is a subsidiary of Oronzio De Nora International B.V.

Details
Name: De Nora India Limited
590031
Exchange: BSE
Founded: 1989
₹1,311,011,624
5,555,134
Website: http://india.denora.com
Address: De Nora India Limited
Plot Nos. 184,185 &189,
Kundaim Industrial Estate,
Ponda,
Goa, 403115,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 590031 Equity Shares Mumbai Stock Exchange IN INR 31. Dec 2001
NSEI DENORA Equity Shares National Stock Exchange of India IN INR 31. Dec 2001
Number of employees
Current staff
Staff numbers
74
De Nora India employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 12:39
End of day share price update: 2019/06/21 00:00
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.