DE Nora India Ltd
Incorporated in 1989, De Nora India Ltd manufactures and services Electrolytic products[1]
- Market Cap ₹ 792 Cr.
- Current Price ₹ 1,491
- High / Low ₹ 2,025 / 1,293
- Stock P/E 37.1
- Book Value ₹ 225
- Dividend Yield 0.13 %
- ROCE 22.8 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 64.2% CAGR over last 5 years
- Debtor days have improved from 64.3 to 50.6 days.
Cons
- Working capital days have increased from 240 days to 426 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
64 | 36 | 31 | 51 | 27 | 27 | 33 | 48 | 51 | 74 | 74 | 74 | 77 | |
46 | 29 | 25 | 35 | 25 | 25 | 32 | 38 | 42 | 51 | 49 | 53 | 53 | |
Operating Profit | 19 | 7 | 5 | 16 | 2 | 2 | 0 | 11 | 8 | 23 | 25 | 21 | 24 |
OPM % | 29% | 19% | 17% | 30% | 8% | 8% | 1% | 22% | 17% | 31% | 34% | 29% | 31% |
1 | 1 | 2 | 4 | 3 | 3 | 4 | 2 | 2 | 1 | 4 | 5 | 5 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 1 | 1 | 1 |
Profit before tax | 19 | 7 | 6 | 18 | 4 | 3 | 2 | 10 | 8 | 21 | 27 | 25 | 28 |
Tax % | 31% | 31% | 29% | 33% | 33% | 45% | 13% | 22% | 25% | 26% | 25% | 25% | |
13 | 5 | 4 | 12 | 3 | 2 | 2 | 8 | 6 | 15 | 20 | 19 | 21 | |
EPS in Rs | 25.07 | 9.00 | 8.01 | 22.57 | 5.61 | 3.18 | 3.00 | 15.31 | 10.64 | 29.10 | 38.20 | 35.81 | 40.26 |
Dividend Payout % | 28% | 44% | 19% | 18% | 36% | 31% | 0% | 0% | 9% | 3% | 5% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 18% |
3 Years: | 13% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 64% |
3 Years: | 49% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 46% |
3 Years: | 62% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 20% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 28 | 31 | 34 | 43 | 47 | 47 | 48 | 56 | 62 | 77 | 96 | 114 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
17 | 12 | 9 | 12 | 12 | 11 | 12 | 13 | 13 | 12 | 14 | 7 | |
Total Liabilities | 50 | 48 | 49 | 60 | 64 | 63 | 65 | 75 | 80 | 94 | 116 | 127 |
6 | 7 | 7 | 7 | 7 | 14 | 12 | 10 | 10 | 7 | 8 | 13 | |
CWIP | 1 | 1 | 1 | 2 | 7 | 0 | 0 | 1 | 0 | 1 | 2 | 2 |
Investments | 15 | 8 | 14 | 19 | 20 | 20 | 14 | 5 | 4 | 23 | 42 | 54 |
28 | 33 | 26 | 32 | 29 | 29 | 40 | 60 | 66 | 62 | 64 | 57 | |
Total Assets | 50 | 48 | 49 | 60 | 64 | 63 | 65 | 75 | 80 | 94 | 116 | 127 |
Cash Flows
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | -4 | 10 | 14 | 7 | 2 | -6 | -7 | 16 | 12 | 14 | 16 | |
-11 | 7 | -8 | -12 | -3 | -2 | 7 | 7 | 1 | -16 | -24 | -14 | |
-5 | -4 | -3 | -1 | -3 | -1 | -1 | 1 | -1 | -1 | -1 | -1 | |
Net Cash Flow | 1 | -1 | -1 | 1 | 1 | -2 | 1 | 1 | 16 | -5 | -10 | 1 |
Ratios
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 52 | 131 | 139 | 75 | 82 | 64 | 61 | 97 | 79 | 58 | 84 | 51 |
Inventory Days | 124 | 299 | 229 | 130 | 198 | 398 | 516 | 471 | 273 | 288 | 397 | 401 |
Days Payable | 45 | 70 | 67 | 80 | 114 | 264 | 182 | 83 | 47 | 37 | 91 | 51 |
Cash Conversion Cycle | 132 | 361 | 302 | 125 | 166 | 199 | 396 | 486 | 305 | 309 | 391 | 401 |
Working Capital Days | 34 | 141 | 144 | 45 | 14 | 48 | 136 | 224 | 156 | 132 | 164 | 426 |
ROCE % | 65% | 21% | 16% | 41% | 9% | 6% | 4% | 18% | 12% | 28% | 30% | 23% |
Documents
Announcements
- Outcome Of Board Meeting Of De Nora India Limited Held On Monday, August 12, 2024, At The Registered Office At Kundaim - Goa 2d
- Board Meeting Outcome for Outcome Of Board Meeting Of De Nora India Limited Held On Monday, August 12, 2024, At The Registered Office At Kundaim - Goa 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jul - Newspaper Publication of extract of unaudited financial results for the quarter ended June 30, 2024
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Jul - Shareholders regarding transfer of Shares to IEPF
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
DNIL is a part of Oronzio De Nora International B.V. of De Nora Group which is an Italian multinational company and has 24 operating companies in 10 countries and 5 R&D centers in Italy, United States, and Japan. It holds 53.68% of equity of DNIL. Company has brought the latest technologies to India with support from De Nora’s technical expertise and management. DNIL is a supplier of technologies for the production of chlorine, caustic soda, and derivatives for the Chlor-alkali industry, as well as the world’s largest manufacturer and recoater of noble metal-coated electrodes, electrolyzers, coating solutions for the electro chemical industries in general.