De Nora India (NSE:DENORA) Net Margin %: -2.90% (As of Mar. 2026)


NSE:DENORA De Nora India Ltd NSE:DENORA
73 GF Score
Price ₹929.40
GF Value ₹2,123.13
Valuation Significantly Undervalued
! 3 Warning Signs
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What is De Nora India Net Margin %?

De Nora India NSE:DENORA -2.09% 73 Net Margin % is -2.90% as of Mar. 2026. GuruFocus rates NSE:DENORA with a GF Score™ of 73/100 and a GF Value™ of ₹2,123.13 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,033 Industrial Products companies, De Nora India ranks better than 65.38% on this metric.

Net margin is calculated as Net Income divided by its Revenue. De Nora India's Net Income for the three months ended in Mar. 2026 was ₹-6 Mil. De Nora India's Revenue for the three months ended in Mar. 2026 was ₹220 Mil. Therefore, De Nora India's net margin for the quarter that ended in Mar. 2026 was -2.90%.

The historical rank and industry rank for De Nora India's Net Margin % or its related term are showing as below:

NSE:DENORA' s Net Margin % Range Over the Past 10 Years
Min: 2.47   Med: 11.21   Max: 27.94
Current: 7.45


NSE:DENORA's Net Margin % is ranked better than
65.38% of 3033 companies
in the Industrial Products industry
Industry Median: 4.54 vs NSE:DENORA: 7.45

De Nora India  (NSE:DENORA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


De Nora India Net Margin % Related Terms


De Nora India Net Margin % Historical Data

* Premium members only.

The historical data trend for De Nora India's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

De Nora India Net Margin % Chart

De Nora India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.00 27.94 25.78 2.47 7.45

De Nora India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.59 7.74 17.73 7.18 -2.90

NSE:DENORA vs VRT, BE: Net Margin % Comparison

For the Electrical Equipment & Parts subindustry, De Nora India's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


De Nora India Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's Net Margin % distribution charts can be found below:

* The bar in red indicates where De Nora India's Net Margin % falls into.


NSE:DENORA
73GF Score
De Nora India Ltd NSE:DENORA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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De Nora India Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

De Nora India's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=90.554/1216.231
=7.45 %

De Nora India's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-6.375/219.683
=-2.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -2.90% mean?
De Nora India (NSE:DENORA) has a Net Margin % of -2.90% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on De Nora India and its competitors. Over the past decade, De Nora India's Net Margin % has ranged from 2.47 to 27.94. According to the industry distribution chart, De Nora India ranks #1050 out of 3033 companies in the Industrial Products industry, placing it in the top 34.6%.
Is De Nora India's Net Margin % too high?
De Nora India's current Net Margin % is -2.90%. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 27.94. Based on the distribution chart, De Nora India ranks #1050 out of 3033 companies in the Industrial Products industry, which is above the industry midpoint. Overall, De Nora India has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does De Nora India's Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, De Nora India ranks #1050 out of 3033 companies for Net Margin %. This puts De Nora India in the upper half of its industry. The industry median Net Margin % is 4.54. Historically, De Nora India's own Net Margin % has ranged from 2.47 to 27.94 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on De Nora India and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Nora India's current Net Margin % is -2.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Nora India stock overvalued right now?
Based on GuruFocus' analysis, De Nora India (NSE:DENORA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,123.13, compared to a current price of ₹929.40 — trading 56.2% below its estimated fair value. The current Net Margin % is -2.90%. De Nora India's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For De Nora India (NSE:DENORA), the current Net Margin % is -2.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is De Nora India (NSE:DENORA) Overvalued in 2026?

Based on GuruFocus' analysis, De Nora India stock appears to be undervalued. The current stock price of ₹929.40 is trading 56.2% below its estimated GF Value™ of ₹2,123.13. GuruFocus considers De Nora India to be Significantly Undervalued.

Key valuation signals for NSE:DENORA:

  • Net Margin %: -2.90%
  • GF Value™: ₹2,123.13 vs. price of ₹929.40 (56.2% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the NSE:DENORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


De Nora India Business Description

Other Exchanges 590031:India
Address Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
73GF Score

Get the complete analysis for NSE:DENORA

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹929.40
Price
₹2,123.13
GF Value