De Nora India Limited Net Assets

Latest as of September 2025: Rs1.27 Billion INR ≈ $13.76 Million USD

De Nora India Limited net assets. Based on the latest financial reports, De Nora India Limited (DENORA) has net assets worth Rs1.27 Billion INR (≈ $13.76 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.75 Billion ≈ $18.95 Million USD) and total liabilities (Rs479.57 Million ≈ $5.19 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore DENORA year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.27 Billion
% of Total Assets	72.63%
Annual Growth Rate	8.7%
5-Year Change	79.39%
10-Year Change	133.12%
Growth Volatility	10.5

Net Assets of De Nora India Limited (2006–2025)

Net assets of De Nora India Limited from 2006 to 2025. This chart illustrates how De Nora India Limited's net assets have evolved over time, based on quarterly financial data. See DENORA equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for De Nora India Limited (2006–2025)

The table below shows the annual net assets of De Nora India Limited from 2006 to 2025. For live market cap and overall valuation, see DENORA market cap overview.

Year	Net Assets	Change
2025-03-31	Rs1.20 Billion ≈ $12.99 Million	+0.39%
2024-03-31	Rs1.20 Billion ≈ $12.94 Million	+17.72%
2023-03-31	Rs1.02 Billion ≈ $11.00 Million	+24.18%
2022-03-31	Rs818.81 Million ≈ $8.86 Million	+22.25%
2021-03-31	Rs669.76 Million ≈ $7.24 Million	+9.20%
2020-03-31	Rs613.33 Million ≈ $6.63 Million	+15.23%
2019-03-31	Rs532.25 Million ≈ $5.76 Million	+1.62%
2018-03-31	Rs523.77 Million ≈ $5.66 Million	+0.87%
2017-03-31	Rs519.24 Million ≈ $5.62 Million	+0.74%
2016-03-31	Rs515.40 Million ≈ $5.57 Million	+31.27%
2015-03-31	Rs392.64 Million ≈ $4.25 Million	+9.24%
2014-03-31	Rs359.43 Million ≈ $3.89 Million	+6.72%
2013-03-31	Rs336.81 Million ≈ $3.64 Million	+29.36%
2012-03-31	Rs260.36 Million ≈ $2.82 Million	+0.16%
2011-03-31	Rs259.95 Million ≈ $2.81 Million	-0.72%
2010-03-31	Rs261.84 Million ≈ $2.83 Million	+0.53%
2009-03-31	Rs260.46 Million ≈ $2.82 Million	+1.72%
2008-03-31	Rs256.06 Million ≈ $2.77 Million	+1.66%
2007-03-31	Rs251.86 Million ≈ $2.72 Million	+2.28%
2006-03-31	Rs246.24 Million ≈ $2.66 Million	--

Equity Component Analysis

This analysis shows how different components contribute to De Nora India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 100226200000.0% over the analyzed period, indicating profitable operations and earnings retention.

De Nora India Limited Net Assets Breakdown (March 2025)

De Nora India Limited net assets breakdown by equity component as of March 2025.

Component	Amount	Percentage
Retained Earnings	Rs1.00 Billion	83.42%
Common Stock	Rs53.09 Million	4.42%
Other Comprehensive Income	Rs72.55 Million	6.04%
Other Components	Rs73.61 Million	6.13%
Total Equity	Rs1.20 Billion	100.00%

De Nora India Limited Competitors by Market Cap

The table below lists competitors of De Nora India Limited ranked by their market capitalization.

Company	Market Cap
Stalprofil S.A. WAR:STF	$40.46 Million
Namyang Dairy Products Co Ltd Peffered Series 1 KO:003925	$40.46 Million
Poongwon Precision Co. Ltd. KQ:371950	$40.47 Million
Inbest Prime VI Inmuebles Socimi SA MC:YINB6	$40.48 Million
Theralase Technologies Inc. V:TLT	$40.43 Million
Namib Minerals Ordinary Shares NASDAQ:NAMM	$40.43 Million
HS Valve Co. Ltd KQ:039610	$40.43 Million
Feerum S.A. WAR:FEE	$40.42 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in De Nora India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,196,891,000 to 1,201,501,000, a change of 4,610,000 (0.4%).
Net income of 16,929,000 contributed positively to equity growth.
Dividend payments of 10,617,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,702,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs16.93 Million	+1.41%
Dividends Paid	Rs10.62 Million	-0.88%
Other Comprehensive Income	Rs-1.70 Million	-0.14%
Total Change	Rs-	0.39%

Book Value vs Market Value Analysis

This analysis compares De Nora India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.11x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 15.89x to 3.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs44.33	Rs704.50	x
2007-03-31	Rs45.34	Rs704.50	x
2008-03-31	Rs46.09	Rs704.50	x
2009-03-31	Rs46.89	Rs704.50	x
2010-03-31	Rs47.14	Rs704.50	x
2011-03-31	Rs46.79	Rs704.50	x
2012-03-31	Rs46.95	Rs704.50	x
2013-03-31	Rs63.32	Rs704.50	x
2014-03-31	Rs67.71	Rs704.50	x
2015-03-31	Rs73.96	Rs704.50	x
2016-03-31	Rs97.10	Rs704.50	x
2017-03-31	Rs97.81	Rs704.50	x
2018-03-31	Rs98.66	Rs704.50	x
2019-03-31	Rs100.26	Rs704.50	x
2020-03-31	Rs115.53	Rs704.50	x
2021-03-31	Rs126.16	Rs704.50	x
2022-03-31	Rs154.24	Rs704.50	x
2023-03-31	Rs191.52	Rs704.50	x
2024-03-31	Rs225.45	Rs704.50	x
2025-03-31	Rs226.31	Rs704.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently De Nora India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 1.41%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.47%
• Asset Turnover: 0.48x
• Equity Multiplier: 1.18x
Recent ROE (1.41%) is below the historical average (13.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	31.17%	24.76%	0.60x	2.10x	Rs52.13 Million
2007	20.04%	20.81%	0.65x	1.48x	Rs25.28 Million
2008	16.36%	77.01%	0.15x	1.43x	Rs16.28 Million
2009	7.93%	20.11%	0.32x	1.22x	Rs-5.39 Million
2010	0.53%	2.73%	0.16x	1.22x	Rs-24.80 Million
2011	11.77%	49.84%	0.18x	1.28x	Rs4.61 Million
2012	18.37%	22.65%	0.48x	1.70x	Rs21.78 Million
2013	39.51%	20.71%	1.28x	1.49x	Rs99.39 Million
2014	13.29%	13.34%	0.74x	1.35x	Rs11.81 Million
2015	10.83%	13.93%	0.63x	1.24x	Rs3.26 Million
2016	20.24%	25.65%	0.67x	1.17x	Rs52.77 Million
2017	5.74%	11.18%	0.42x	1.23x	Rs-22.12 Million
2018	3.23%	6.26%	0.43x	1.20x	Rs-35.47 Million
2019	2.98%	4.85%	0.50x	1.23x	Rs-37.36 Million
2020	13.25%	16.85%	0.64x	1.23x	Rs19.95 Million
2021	8.43%	11.23%	0.63x	1.19x	Rs-10.52 Million
2022	18.87%	21.00%	0.79x	1.14x	Rs72.62 Million
2023	19.94%	27.94%	0.63x	1.14x	Rs101.08 Million
2024	15.88%	25.62%	0.59x	1.06x	Rs70.38 Million
2025	1.41%	2.47%	0.48x	1.18x	Rs-103.22 Million

Industry Comparison

This section compares De Nora India Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $14,118,182,444
Average return on equity (ROE) among peers: 14.16%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
De Nora India Limited (DENORA)	Rs1.27 Billion	31.17%	0.38x	$40.45 Million
Apar Industries Limited (APARINDS)	$6.28 Billion	17.42%	4.19x	$6.74 Billion
Amara Raja Batteries Limited (ARE&M)	$25.93 Billion	18.45%	0.38x	$1.38 Billion
Bharat Bijlee Limited (BBL)	$1.16 Billion	47.55%	1.93x	$300.68 Million
CG Power and Industrial Solutions Limited (CGPOWER)	$81.98 Billion	14.71%	0.55x	$13.80 Billion
Cords Cable Industries Limited (CORDSCABLE)	$1.41 Billion	7.55%	1.23x	$38.97 Million
Dynamic Cables Limited (DYCL)	$151.72 Million	3.43%	5.18x	$173.18 Million
Elin Electronics Limited (ELIN)	$2.28 Billion	12.07%	0.70x	$38.99 Million
Eveready Industries India Limited (EVEREADY)	$5.55 Billion	3.50%	1.10x	$246.08 Million
Exicom Tele-Systems Limited (EXICOM)	$2.32 Billion	2.75%	2.04x	$195.38 Million

About De Nora India Limited

NSE:DENORA India Electrical Equipment & Parts

Market Cap

$40.45 Million

Rs3.74 Billion INR

Market Cap Rank

#22478 Global

#1234 in India

Share Price

Rs704.50

Change (1 day)

+0.59%

52-Week Range

Rs567.75 - Rs949.20

All Time High

Rs2250.52