De Nora India Limited — Year ended March 31, 2026 (Audited)
The document includes audited financial results for the year ended March 31, 2026, along with comparative audited figures for March 31, 2025, and unaudited comparative figures for December 31, 2025.
| Particulars | March 31, 2026 (Refer Note 2) | December 31, 2025 (Unaudited) | March 31, 2025 (Refer Note 2) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| 1. Revenue from operations | 2,196.83 | 3,584.14 | 2,013.11 | 12,162.31 | 6,858.24 |
| 2. Other Income | 186.84 | 143.05 | 137.29 | 735.46 | 586.43 |
| 3. Total Income (1+2) | 2,383.67 | 3,727.19 | 2,150.40 | 12,897.77 | 7,444.67 |
| 4. Expenses (a) Cost of Materials consumed | 1,553.83 | 2,502.36 | 1,478.68 | 6,637.34 | 3,747.02 |
| 4. Expenses (b) Changes in inventories of finished goods, work-in-progress and stock-in-trade | 2.36 | (374.08) | (595.07) | 209.00 | (976.96) |
| 4. Expenses (c) Employee benefits expense | 190.11 | 188.37 | 171.63 | 698.69 | 640.70 |
| 4. Expenses (d) Depreciation and amortization expense | 53.20 | 52.42 | 44.56 | 203.55 | 170.11 |
| 4. Expenses (e) Warranty expense (Refer note 6) | 66.01 | 586.51 | 40.43 | 1,428.57 | 1,439.81 |
| 4. Expenses (f) Other expenses | 611.01 | 433.50 | 534.57 | 2,520.65 | 2,148.43 |
| 4. Total Expenses | 2,476.52 | 3,389.08 | 1,674.80 | 11,697.80 | 7,169.11 |
| 5. Profit /(Loss) before tax (3-4) | (92.85) | 338.11 | 475.60 | 1,199.97 | 275.56 |
| 6. Income tax expenses – Current tax | 9.89 | 74.86 | 455.26 | 367.41 | 353.27 |
| 6. Income tax expenses – Adjustment for earlier year | – | (3.70) | 5.13 | (3.70) | 20.74 |
| 6. Income tax expenses – Deferred tax | (38.99) | 9.77 | (318.86) | (69.28) | (267.74) |
| 6. Total tax expense | (29.10) | 80.93 | 141.53 | 294.43 | 106.27 |
| 7. Profit / (Loss) for the period (5-6) | (63.75) | 257.18 | 334.07 | 905.54 | 169.29 |
| 8. Other comprehensive income Items that will not be reclassified to profit or loss (net of tax) – Changes in fair value of FVTOCI equity Securities | (4.54) | 3.44 | (1.20) | 1.90 | (3.56) |
| 8. Other comprehensive income Items that will not be reclassified to profit or loss (net of tax) – Remeasurement of post-employment benefit obligations | 21.80 | (3.36) | (11.36) | 11.71 | (13.45) |
| 9. Total comprehensive income for the period (7+8) | (46.49) | 257.26 | 321.51 | 919.15 | 152.28 |
| 10. Paid-up equity share capital (Face Value ₹ 10 each fully paid up) | 530.86 | 530.86 | 530.86 | 530.86 | 530.86 |
| 11. Other equity as shown in the Audited Balance Sheet | 12,403.29 | 11,484.15 | |||
| 12. Earnings per equity share (EPS) (Face Value ₹ 10 each) – Basic and Diluted (INR) | (1.20) | 4.84 | 6.29 | 17.06 | 3.19 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 1,764.61 | 1,423.47 |
| Capital work-in-progress | 43.99 | 286.62 |
| Intangible assets | 41.02 | 29.99 |
| Financial assets | ||
| – Investments | 24.76 | 22.85 |
| – Other financial assets | 874.07 | 988.18 |
| Income Tax Assets (net) | 254.43 | 161.51 |
| Deferred tax assets (net) | 414.61 | 349.27 |
| Other non-current assets | 464.91 | 103.93 |
| Total Non-current assets | 3,882.40 | 3,365.82 |
| Current Assets | ||
| Inventories | 3,083.61 | 3,132.70 |
| Financial Assets | ||
| (i) Investments | 5,668.51 | 5,164.21 |
| (ii) Trade Receivables | 1,175.00 | 1,341.67 |
| (iii) Cash and cash equivalents | 1,696.12 | 804.65 |
| (iv) Bank balances other than Cash and cash equivalents | 348.29 | 310.01 |
| (v) Loans | 1.39 | 0.30 |
| (vi) Other financial assets | 14.92 | 16.38 |
| Other current assets | 109.76 | 95.46 |
| Total current assets | 12,097.60 | 10,865.38 |
| TOTAL ASSETS | 15,980.00 | 14,231.20 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| Equity share capital | 530.86 | 530.86 |
| Other equity | 12,403.29 | 11,484.15 |
| Total Equity | 12,934.15 | 12,015.01 |
| LIABILITIES | ||
| Non – Current liabilities | ||
| Provisions | 35.82 | 28.19 |
| Other non-current liabilities | 4.36 | 3.34 |
| Total Non- Current liabilities | 40.18 | 31.53 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Trade Payables | ||
| – total outstanding dues of micro and small enterprises | – | 2.27 |
| – total outstanding dues of creditors other than micro and small enterprises | 1,051.86 | 615.64 |
| (ii) Other financial liabilities | 92.78 | 88.32 |
| Provisions | 1,759.42 | 1,420.54 |
| Other current liabilities | 101.61 | 57.89 |
| Total Current liabilities | 3,005.67 | 2,184.66 |
| TOTAL EQUITY AND LIABILITIES | 15,980.00 | 14,231.20 |
| Particulars | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| A Cash flow from operating activities | ||
| Profit before tax | 1,199.97 | 275.56 |
| Adjustments for: | ||
| – Depreciation and amortization expenses | 203.55 | 170.11 |
| – Interest income | (91.37) | (83.23) |
| – Loss on sale/disposal of property, plant and equipment (net) | 2.74 | 1.41 |
| – Unrealised loss/(gain) on foreign exchange (net) | 1.37 | (2.25) |
| – Provision /(Reversal) of Doubtful/Bad Debts (net) | 30.11 | (9.86) |
| – Provision for warranty | 1,428.57 | 1,439.81 |
| – Reversal of Provision for obsolete Stock (net) | (3.38) | (36.05) |
| – Dividend Income | (0.83) | (0.68) |
| – Gain on sale of investment (net) | (481.25) | (185.10) |
| – Loss/(Gain) on fair value for change in Investment | 66.83 | (245.20) |
| Operating profit before working capital changes | 2,356.31 | 1,324.52 |
| Changes in working capital | ||
| Decrease/(Increase) in inventories | 52.45 | (340.39) |
| Decrease/(Increase) in trade receivables | 136.98 | (309.06) |
| Increase in current assets | (9.77) | (7.34) |
| (Increase)/Decrease in non current assets | (275.02) | 6.52 |
| Increase in trade payables | 432.14 | 267.29 |
| Increase in other financial liabilities | 9.01 | 1.01 |
| Decrease in provisions | (1,066.41) | (224.97) |
| Increase in other current liabilities | 43.71 | 29.62 |
| Cash generated from operations | 1,679.40 | 747.20 |
| Income tax paid (net of refund) | (456.63) | (434.13) |
| Net cash flows from operating activities | 1,222.77 | 313.07 |
| B Cash flow from Investing activities | ||
| Payment for property, plant and equipment | (405.37) | (323.22) |
| Purchase of Investments | (2,439.88) | (409.98) |
| Proceeds from investments | 2,350.00 | 1,100.00 |
| Proceeds from sale/disposal of property, plant and equipment | 0.03 | 0.07 |
| Investment in fixed deposits | 75.84 | (371.31) |
| Interest received | 91.98 | 77.60 |
| Dividend received | 0.83 | 0.68 |
| Net cash flows (used in)/from investing activities | (326.57) | 73.84 |
| C Cash flow from Financing activities | ||
| Dividend paid | – | (106.17) |
| Net cash flows used in financing activities | – | (106.17) |
| Net increase in cash and cash equivalents (A+B+C) | 891.47 | 280.74 |
| Cash and cash equivalents at the beginning of the period | 804.65 | 523.91 |
| Cash and cash equivalents at the end of the period | 1,696.12 | 804.65 |
| Cash and cash equivalents comprise | ||
| Balances with banks – On current accounts | 1,696.01 | 614.77 |
| Balances with banks – Cash on hand | 0.11 | 189.88 |
| Cash and cash equivalents at the end of the period | 1,696.12 | 804.65 |