De Nora India Peer Comparison

NSE: DENORA | BSE: 590031

₹832.35

₹20.75 (2.56%)

As on 27-Aug-2026IST

Market cap

₹443 Cr

Revenue (TTM)

₹115 Cr

P/E Ratio

36.3

P/B Ratio

3.3

Div. Yield

0.5 %

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	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Market cap (₹ Cr)	443	13,377	13,715	205	22
Revenue (₹ Cr)	115	3,029	2,640	50	0
Net Profit (₹ Cr)	12.20	209.00	229.20	19.20	-0.16
Net Margin (%)	9.89	6.22	7.63	30.55	-21.30
RoE (%)	9.51	3.72	7.51	10.71	-4.81
Price to Earnings	36.34	62.80	38.22	10.69	--
Price-To-Book	3.27	2.22	2.83	1.07	6.74

Income Statement (₹ Cr)

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Operating Revenue	114.92	3,029.00	2,639.55	49.96	1.81
Total Income	123.37	3,362.00	2,937.25	62.85	2.29
Total Expenditure	105.00	2,939.00	2,376.57	34.20	2.46
EBITDA	9.93	90.00	262.98	15.76	-0.65
Depreciation	2.12	94.00	209.83	0.68	0.40
EBIT	7.81	-4.00	53.15	15.08	-1.04
Interest	0.00	27.00	39.00	0.00	0.16
Other Income	8.45	333.00	297.70	12.89	0.48
Exceptional Items	0.00	-11.00	0.00	-0.53	0.86
Profit before Tax	16.26	291.00	311.85	27.44	0.14
Provision for Tax	4.06	82.00	87.68	8.24	-0.08
Profit after Tax	12.20	209.00	224.17	19.20	0.22

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Shareholder's Funds	129.34	5,859.00	4,757.92	187.68	3.42
Minority Interest	0.00	4.00	0.00	0.00	-2.43
Non-Current Liabilities	0.40	189.00	97.81	0.44	-0.06
Current Liabilities	30.06	1,535.00	1,310.02	5.44	0.24
Total Liabilities	142.31	9,967.23	5,648.16	177.53	3.66

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Non-Current Assets	22.89	2,407.00	3,101.18	4.26	0.13
Current Assets	120.98	4,942.00	2,893.35	158.91	3.47
Total Assets	142.31	9,967.23	5,648.16	177.53	3.66
Total Debt*	0.00	172.32	584.86	0.00	0.00
Net Current Assets	90.92	3,407.00	1,583.33	153.47	3.23
Contingent Liabilities	2.08	121.17	101.26	2.00	--

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Cash From Operating Activities	3.13	500.23	279.71	8.17	3.18
Cash Flow from Investing Activities	0.74	-202.23	-208.45	-1.25	0.18
Cash from Financing Activities	-1.06	-226.45	-159.15	-5.76	-3.31
Net Cash Inflow / Outflow	2.81	71.55	-87.89	1.16	0.06

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
ROCE (%)	2.42	10.19	4.05	17.03	5.51
ROE (%)	9.51	3.72	7.51	10.71	5.77
ROA (%)	8.07	2.82	3.80	10.35	4.13
EBIT Margin (%)	6.79	-0.13	2.01	30.18	-9.24
Net Margin (%)	9.89	6.22	7.63	30.55	9.49
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	33.81

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Revenue Growth (%)	17.52	21.31	20.23	-9.34	-64.91
EBIT Growth (%)	313.16	-104.44	109.01	-8.03	-63.19
Net Profit Growth (%)	492.33	-41.13	22.22	-9.19	115.94
EPS Growth (%)	492.33	-39.10	79.92	-7.27	-18.82
Book Value Growth (%)	0.39	4.55	0.63	9.63	-16.91

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Price / Earnings	36.34	61.19	38.76	10.47	0.00
Price / Book Value	3.27	2.22	2.83	1.07	5.84
Dividend Yield (%)	0.48	1.02	0.48	2.81	0.00
EV/EBITDA	38.33	120.28	52.69	12.93	-99.58
Market Cap (₹ Cr)	361.28	9,343.09	9,334.36	228.51	19.99

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Debt to Equity	0.00	0.00	0.00	0.00	0.00
Short term debt to equity ratio	--	0.03	0.13	--	0.03
Current Ratio	4.02	3.22	2.21	29.20	14.74
Quick Ratio	3.00	2.45	1.34	28.51	14.56
Interest Coverage	19.73	11.78	9.00	1,263.82	1.88

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Debtors to sales (%)	10.22	22.02	18.92	9.06	1.55
Asset Turnover	0.76	0.41	0.45	0.27	0.34
Receivable days	62.90	70.58	80.13	29.15	17.24
Inventory Days	156.71	181.09	205.91	19.58	17.29
Payable days	63.91	67.22	166.51	70.34	136.75
Cash Conversion Cycle	155.70	184.45	119.52	-21.61	-102.22

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.