De Nora India Limited - Company Profile

Q: Who are the current directors of De Nora India Limited?

The current directors of De Nora India Limited are Francesco Labbate, Supriya Banerji, Lalita Correia Afonso, Guido Picari, Purushottam Sitaram Mantri, Robert Scannell, Shrikant Ashok Pai, Deepak Bhaskar Nagvekar, Vinay Chopra, Shrikant Pai, Deepak Bhaskar Nagvekar.

It is a machinery and equipment public limited company based in Kundaim, Goa, India, established in 1989.

1989 Kundaim, Goa, India Active

Last Updated: January 07, 2026

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About De Nora India Limited

De Nora India Limited, a active public limited company, was established on 07 June 1989 in Kundaim, Goa, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L31200GA1993PLC001335. Registered under ROC Roc Goa. it is listed on BSE: 590031 and NSE: DENORA. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.31 Cr.

Formerly known as Titanor Components Limited.. It upholds a compliant status. In 2023, it reported revenue of ₹77.44 Cr and a net worth of ₹101.68 Cr. Employing 56 professional, Its leadership includes Francesco Labbate (Director), Supriya Banerji (Director), Lalita Correia Afonso (Director). Past directors included Francesco Labbate, Renato Gazzaniga, Giuseppe Cambareri. It holds no open charges and ₹19.98 Cr settled loans. Its latest AGM occurred on 18 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot Nos. 184,185 & 189, Kundaim Industrial Estate Kundaim, Kundaim, Goa, 403115.

Company Details

CIN/LLPIN
L31200GA1993PLC001335
Registration Number
001335
Incorporation Date
07 June 1989
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.31 Cr
ROC Code
Roc Goa
Listing Status
Listed (BSE: 590031, NSE: DENORA)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 07-01-2026
Paid Up Capital ₹ 5.31 Cr as on 07-01-2026
Company Age 36 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 19.98 Cr as on 07-01-2026
Revenue Growth **** 3.08% (FY 2023)
Profit Growth **** 31.23% (FY 2023)
Ebitda **** 8.16% (FY 2023)
Net Worth 24.18% (FY 2023)
Total Assets **** 23.52% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into De Nora India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at De Nora India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Francesco Labbate	Director	29 Jan 2018	Current
Supriya Banerji	Director	27 Oct 2016	Current
Lalita Correia Afonso	Director	05 Jul 2023	Current
Guido Picari	Director	05 Nov 2025	Current
Purushottam Sitaram Mantri	Director	05 Feb 2021	Current
Robert Scannell	Director	12 Feb 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director Appointed In Casual Vacancy	23 Sep 2020	Past
Pramod Abcsdd	Director	26 Apr 2007	Past
Pramod Abcsdd	Director	09 May 2013	Past
Pramod Abcsdd	Additional Director	29 Jun 2015	Past
Pramod Abcsdd	Alternate Director	15 Feb 2012	Past
Pramod Abcsdd	Director	02 Jan 2021	Past

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Financial Performance of De Nora India.

De Nora India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.08% increase. The company also saw a substantial improvement in profitability, with a 31.23% increase in profit. The company's net worth Soared by an impressive increase of 24.18%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

3.08%

*******

Revenue from Operations

*******

-0.79%

*******

Total Assets

*******

23.52%

*******

Profit or Loss

*******

31.23%

*******

Net Worth

*******

24.18%

*******

EBITDA

*******

8.16%

*******

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What is the Ownership and Shareholding Structure of De Nora India?

In 2023, De Nora India had a promoter holding of 53.68% and a public holding of 46.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹199,800,000.00

Charges Breakdown by Lending Institutions

Bank Of Baroda : 7.00 Cr
Axis Bank Limited : 6.00 Cr
The British Bank Of The Middle East : 2.50 Cr
Standard Chartered Bank : 1.50 Cr
The Industrial Credit And Investment Corp. Of India Ltd. : 1.35 Cr
Others : 1.63 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Dec 2014	Bank Of Baroda	₹6.00 Cr	Satisfied
25 Jan 2006	Axis Bank Limited	₹6.00 Cr	Satisfied
06 Apr 1992	Bank Of Baroda	₹7.50 M	Satisfied
26 Mar 1992	Bank Of Baroda	₹2.50 M	Satisfied
22 Feb 1992	Standard Chartered Bank	₹1.50 Cr	Satisfied

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How Many Employees Work at De Nora India?

De Nora India has a workforce of 56 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of De Nora India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped De Nora India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on De Nora India

Recent Activity within the Organization

Director Appointment

The activity Guido Picari was appointed as a Director was appointed as a Director on 05 Nov 2025 & has been associated with this company since 4 months 24 days . was completed.
05 Nov 2025
Annual General Meeting

The activity De Nora India Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records. was completed.
18 Sep 2025
Director Appointment

The activity Deepak Bhaskar Nagvekar was appointed as a Whole-time director was appointed as a Whole-time director on 18 Sep 2025 & has been associated with this company since 6 months 11 days . was completed.
18 Sep 2025
Director Appointment

Shrikant Pai was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2025 & has been associated with this company since 7 months 17 days . was recorded as a recent event.
12 Aug 2025
Balance Sheet

The activity De Nora India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa. was completed.
31 Mar 2025
Director Appointment

Lalita Correia Afonso was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.
05 Jul 2023

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