IP
IndiaPulse

DENORA

Small Cap

De Nora India Limited

Industrials

De Nora India Limited operates in Electrodes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹751.5
-3.85 · -0.51%
Quote09 Jun, 10:02 am
Fundamentals07 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust is acceptable, price trend is neutral, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
OVERVALUED
31

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
67

low confidence · 0/0 claims checked

Technical
Neutral
56

Timing lens: price trend and sector relative strength.

Result consistency
weak
43

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

PAT -119% YoY · margin compression · Rev +9% YoY

Filed 04 May 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹22 Cr+9.1%-38.7%
EBITDA₹-2.3 Cr-159.3%-191.5%
Operating margin-10.3%-2936 bps-1725 bps
PAT₹-0.6 Cr-119.2%-124.9%
PAT margin-2.9%-1950 bps-1008 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

De Nora India Limited operates in Electrodes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

56Neutral

SMA20 +10.8% / mo

Stock trend: 59
Sector RS: 51
Sector 3M: +0.4% vs Nifty +0.1%

Technical chart

DENORAweekly · 6M+8.1%
Latest close ₹767.10 on 2026-06-09
Bar
-1.5%
RSI
57
MACD hist
-0.59
52W pos
66%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹545₹631₹718₹804₹89152H52L2025-122026-03Vol2025-122026-022026-042026-052026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Neutral

Trend is undirectional — long-term trend unclear. RSI 57.

  • RSI(14) at 57 — rising, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 12% off 52W high · 37% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

31U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation2/30
Growth10/25
Quality0/20
Balance Sheet9/15
Cash Flow8/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
31

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

31/100 · OVERVALUED

Positive drivers

  • Piotroski is strong at 7/9.
  • Cash flow contributes 8/10 to the score.
  • Balance sheet contributes 9/15 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Fair-value margin of safety is negative at -4.0%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
44.9
PB
3.1
EV/EBITDA
45.1
ROE
7.3%
ROCE
9.6%
FCF Yield
2.2%
Debt/Equity
0.0
MoS
-4.0%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
31
Previous: 31
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
-4.0%
Previous: -4.1%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
34
34
34
34
34
34
34
34
32
32
31
31

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Trust Score
67Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 53rd percentile of the scored universe and 49th percentile within Industrials. Main check: financial discipline is weak at 40/100.

Healthy Trust Lite: Promoter pledge is zero. Key concern: 4 recent quarters had PAT decline worse than 25% YoY.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
53rd percentile

overall median 67 · Industrials: 49th pctile, median 68 · Small: 58th pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
43
weak · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • FCF yield is positive at 2.4%.
  • 8 years of positive FCF.
  • Debt/equity is 0.00.

Trust risks

  • 4 recent quarters had PAT decline worse than 25% YoY.
  • ROE is low at 7.3%.
  • Revenue CAGR is 18% but EPS CAGR is -24%.
  • OPM spread across recent quarters is 87.9%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹306.13
-145.5% MoS
DCF Fair PE
42.3
DCF Fair Value
₹722.23
-4.0% MoS
PEG
4.49

Fundamentals

Valuation

P/E
44.90
P/B
3.14
EV/EBITDA
45.11
Market Cap
406.00Cr

Profitability

ROE
7.26%
ROCE
9.62%
ROA
5.63%
Dividend Y

Growth (CAGR)

Revenue 5Y
19.00%
EPS 5Y
10.00%
Revenue 3Y
18.00%
EPS 3Y
-24.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
Altman Z
8.28
Book Value
244.00

Cash Flow

FCF Yield
2.22%
FCF Positive Y
8/5
OCF
12.00 Cr
EPS TTM
17.07

Shareholding

Promoter Hold
53.68%
Promoter Pledge
0.00%
Momentum 52W
47%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.