De Nora India Peer Comparison

NSE: DENORA | BSE: 590031

₹723.90

₹-12.60 (-1.71%)

As on 01-Oct-2026IST

Market cap

₹387 Cr

Revenue (TTM)

₹115 Cr

P/E Ratio

31.8

P/B Ratio

2.9

Div. Yield

0.5 %

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	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Market cap (₹ Cr)	387	15,357	4,615	189	21
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	31.76	72.10	12.86	9.83	--
Price-To-Book	2.85	2.55	0.95	0.98	6.41

Income Statement (₹ Cr)

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Operating Revenue	121.62	2,851.72	2,568.50	54.74	1.81
Total Income	128.98	3,025.75	2,709.49	67.49	2.29
Total Expenditure	114.88	2,650.77	2,170.19	36.58	2.46
EBITDA	6.74	200.95	398.31	18.17	-0.65
Depreciation	2.04	95.13	213.21	0.71	0.40
EBIT	4.70	105.82	185.10	17.46	-1.04
Interest	0.06	25.07	37.21	0.02	0.16
Other Income	7.35	174.03	140.98	12.75	0.48
Exceptional Items	--	-10.64	--	--	0.86
Profit before Tax	12.00	244.14	404.38	30.19	0.14
Provision for Tax	2.94	73.06	66.41	8.95	-0.08
Profit after Tax	9.06	171.08	337.98	21.24	0.22

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Shareholder's Funds	129.34	5,859.05	4,757.92	187.68	3.42
Minority Interest	--	-2.91	--	--	--
Non-Current Liabilities	-3.74	1,041.01	97.81	0.44	-0.06
Current Liabilities	30.06	3,335.65	1,310.02	5.44	0.24
Total Liabilities	159.80	10,232.80	6,165.76	193.56	3.66

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Non-Current Assets	34.68	3,489.82	3,272.40	34.65	0.13
Current Assets	120.98	6,742.67	2,893.35	158.91	3.47
Total Assets	159.80	10,232.80	6,165.76	193.56	3.66
Total Debt*	0.00	367.34	793.28	0.00	0.00
Net Current Assets	90.92	3,407.02	1,583.33	153.47	3.23
Contingent Liabilities	1.93	121.24	111.85	0.68	--

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Cash From Operating Activities	12.23	82.54	213.20	10.99	3.18
Cash Flow from Investing Activities	-3.27	-124.31	-320.26	-5.92	0.18
Cash from Financing Activities	-0.05	-46.32	96.89	-5.75	-3.31
Net Cash Inflow / Outflow	8.91	-88.09	-10.18	-0.67	0.06

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
ROCE (%)	9.67	4.39	8.34	16.80	5.51
ROE (%)	7.26	2.92	7.34	11.81	5.77
ROA (%)	6.15	1.69	5.72	11.45	4.13
EBIT Margin (%)	11.59	13.15	21.00	56.48	-9.24
Net Margin (%)	7.02	5.65	12.47	31.47	9.49
Cash Profit Margin (%)	9.12	9.34	21.42	40.09	33.81

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Revenue Growth (%)	77.34	11.39	19.32	1.37	-64.91
EBIT Growth (%)	206.16	-45.80	39.22	7.88	-63.19
Net Profit Growth (%)	434.90	-62.66	184.96	1.97	115.94
EPS Growth (%)	434.90	-62.06	197.48	1.97	-18.82
Book Value Growth (%)	7.65	-0.12	6.83	9.18	-16.91

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Price / Earnings	39.78	68.71	30.67	9.59	0.00
Price / Book Value	2.78	2.06	2.20	1.09	5.84
Dividend Yield (%)	0.59	1.14	0.63	2.83	0.00
EV/EBITDA	24.10	32.98	20.41	6.54	-99.58
Market Cap (₹ Cr)	360.19	12,047.38	10,466.14	203.71	19.99

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Debt to Equity	0.00	0.06	0.17	0.00	0.00
Short term debt to equity ratio	--	0.06	0.17	--	--
Current Ratio	4.02	2.02	2.21	29.20	14.74
Quick Ratio	3.00	1.67	1.34	28.51	14.56
Interest Coverage	202.34	10.74	11.87	1,255.18	1.88

	De Nora India	Graphite India	HEG	Panasonic Carbon	South Asian
Debtors to sales (%)	9.66	23.40	19.45	8.27	1.55
Asset Turnover	0.83	0.28	0.44	0.30	0.34
Receivable days	37.76	72.66	66.97	31.34	17.24
Inventory Days	93.28	151.94	169.39	24.09	17.29
Payable days	44.51	75.76	137.30	61.28	136.75
Cash Conversion Cycle	86.53	148.84	99.05	-5.84	-102.22

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