| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 35.3 | 42.0 | −16.0% |
| EBITDA | 5.7 | 2.4 | +132.6% |
| EBITDA margin | 16.1% | 5.8% | +10.3 pts |
| Profit before tax | 8.6 | 4.3 | +98.0% |
| Net profit | 6.4 | 3.2 | +96.7% |
| EPS | ₹12.04 | ₹6.12 | +96.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 370 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 73.6 | 73.6 | 59.7 | 59.5 | 45.3 | ||
| 297 | — | — | — | — | ||
| 115 | 122 | 68.6 | 73.8 | 73.6 | ||
| — | +77.3% | −7.1% | +0.3% | — | ||
| 9.9 | 6.7 | −1.4 | 21.2 | 24.7 | ||
| 8.6% | 5.5% | −2.1% | 28.7% | 33.5% | ||
| 7.8 | 4.6 | −3.1 | 20.0 | 23.3 | ||
| 12.2 | 9.1 | 1.7 | 19.0 | 20.3 | ||
| 10.6% | 7.5% | 2.5% | 25.8% | 27.6% | ||
| ₹22.97 | ₹17.06 | ₹3.19 | ₹35.80 | ₹38.19 | ||
| — | +434.9% | −91.1% | −6.3% | — | ||
| — | 12.2 | 3.1 | 16.1 | 14.3 | ||
| — | −4.1 | −3.2 | −6.9 | −3.7 | ||
| 8.2 | 8.2 | −0.1 | 9.1 | 10.6 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 370.4 | |
| - Cash, Equiv & ST Investments | 45.3 | 59.5 | 59.7 | 73.6 | 73.6 | |
| Enterprise Value | — | — | — | — | 296.7 | |
| Revenue | 73.6 | 73.8 | 68.6 | 121.6 | 114.9 | |
| Growth %, YoY | — | +0.3 | -7.1 | +77.3 | — | |
| EBITDA | 24.7 | 21.2 | -1.4 | 6.7 | 9.9 | |
| Margin % | 33.54 | 28.68 | -2.05 | 5.49 | 8.64 | |
| EBIT | 23.3 | 20.0 | -3.1 | 4.6 | 7.8 | |
| Net Income | 20.3 | 19.0 | 1.7 | 9.1 | 12.2 | |
| Margin % | 27.56 | 25.76 | 2.47 | 7.45 | 10.61 | |
| EPS, Adj (current shares) | 38.19 | 35.80 | 3.19 | 17.06 | 22.97 | |
| Growth %, YoY | — | -6.3 | -91.1 | +434.9 | — | |
| Cash from Operations | 14.3 | 16.1 | 3.1 | 12.2 | — | |
| Capital Expenditures | -3.7 | -6.9 | -3.2 | -4.1 | — | |
| Free Cash Flow | 10.6 | 9.1 | -0.1 | 8.2 | 8.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
De Nora India (NSE: DENORA) had a market capitalisation of ₹373 crore at the 30 October 2026 close (₹702.50 a share), a PE ratio of 30.6 on the last four quarters' profit and a price-to-book ratio of 2.88. In FY26 its consolidated net profit was ₹9.1 crore on revenue of ₹122 crore; in Q1 FY27 (April–June 2026) it was ₹6.4 crore, up 96.7% year on year. It had no borrowings on 31 March 2026. Promoters held 53.68% of the shares on 30 September 2026.
De Nora India's PE ratio is 30.6 at the 30 October 2026 close (₹702.50 a share): a market capitalisation of ₹373 crore divided by consolidated net profit of ₹12.2 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹9.1 crore) it is 41.2.
De Nora India's price-to-book (PB) ratio is 2.88 at the 30 October 2026 close: a market capitalisation of ₹373 crore divided by shareholders' equity (book value) of ₹129 crore on 31 March 2026. That is a book value of ₹243.65 per share against a share price of ₹702.50.
De Nora India's net worth — shareholders' equity in its consolidated balance sheet — was ₹129 crore on 31 March 2026, up 7.6% from ₹120 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹373 crore at the 30 October 2026 close.
De Nora India's market capitalisation was ₹373 crore at the 30 October 2026 close: 53.09 lakh shares at ₹702.50 each.
Yes. De Nora India had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹77.1 crore of cash, bank balances and current investments.
De Nora India's basic earnings per share (EPS) were ₹17.06 in FY26, against ₹3.19 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹22.97.
De Nora India's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹129 crore. A year earlier, on 31 March 2025, it was 0.00.
De Nora India's dividend yield is 0.57% at the 30 October 2026 close: dividends of ₹4 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹702.50. They were ₹4 on 16 September 2026.
Promoters held 53.68% of De Nora India on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, De Nora India's return on equity (ROE) was 7.3% and its return on capital employed (ROCE) was 3.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.4% and ROCE −2.6%.
De Nora India's book value per share was ₹243.65 on 31 March 2026: shareholders' equity of ₹129 crore divided by the 53.09 lakh shares in issue, up 7.6% from ₹226.33 a year earlier. The share price at the 30 October 2026 close was ₹702.50.
On 30 September 2026, De Nora India's shares were held by promoters 53.68%, foreign portfolio investors (FII/FPI) 0.89%, domestic institutions (DII) 0.22% and retail and other non-institutional investors 45.21%. Over the year, FII holding was up 0.88 percentage points from 0.01% and DII holding was unchanged.
In 2026, De Nora India has declared one dividend: ₹4 with record date 16 September 2026.
In FY26, De Nora India generated ₹12.2 crore of cash from operations and spent ₹4.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹8.2 crore. In FY25 it was −₹10 lakh.
De Nora India will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
De Nora India's latest results are for Q1 FY27 (April–June 2026), filed on 30 July 2026: consolidated net profit ₹6.4 crore, up 96.7% from ₹3.2 crore in Q1 FY26; revenue from operations ₹35.3 crore, down 16.0% year on year.
In FY26 (April 2025–March 2026), De Nora India's consolidated net profit was ₹9.1 crore, up 434.9% from ₹1.7 crore in FY25, on revenue from operations of ₹122 crore (up 77.3%). Over three years, from FY23, net profit was down 55.3%.
At the 30 October 2026 closing prices, on FY26 net profit, De Nora India's PE ratio is 41.2, the second highest of the four: ORIENT CERATECH 21.3, IFGL Refractories 33.9 and Raghav Productivity Enhancers 139.6, a peer average of 64.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against ORIENT CERATECH, IFGL Refractories and Raghav Productivity Enhancers: De Nora India's operating margin of 3.8% is the third highest of the four (ORIENT CERATECH 6.1%, IFGL Refractories 3.0%, Raghav Productivity Enhancers 26.5%; peer average 11.9%); its return on equity of 7.3% is the third highest of the four (ORIENT CERATECH 7.5%, IFGL Refractories 3.0%, Raghav Productivity Enhancers 25.0%; peer average 11.8%).
In FY26, De Nora India earned net profit of ₹9.1 crore on revenue of ₹122 crore, against ₹21.9 crore on ₹404 crore for ORIENT CERATECH. De Nora India's operating margin was 3.8% (ORIENT CERATECH 6.1%) and its return on equity 7.3% (ORIENT CERATECH 7.5%). At the 30 October 2026 close, De Nora India's market capitalisation was ₹373 crore against ₹467 crore for ORIENT CERATECH, and its PE ratio on FY26 profit 41.2 against 21.3.
From De Nora India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.