DHP India Ltd

DHP India Ltd

₹ 667 -0.49%
04 Aug 4:01 p.m.
About

Incorporated in 1991, DHP India Ltd manufactures various designs of LP Gas Regulators, its Parts and Accessories[1]

Key Points

Business Overview:[1]
DHPIL is an ISO 9001: 2015, ISO 14001,
and OHSAS 18001 certified company. It is in the business of manufacturing LPG Regulators & accessories and related brass items. Company's products are used for domestic and commercial applications and is mainly an export-oriented company

  • Market Cap 200 Cr.
  • Current Price 667
  • High / Low 827 / 450
  • Stock P/E 31.0
  • Book Value 794
  • Dividend Yield 0.60 %
  • ROCE 3.43 %
  • ROE 2.84 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.84 times its book value

Cons

  • The company has delivered a poor sales growth of 0.80% over past five years.
  • Company has a low return on equity of 5.77% over last 3 years.
  • Earnings include an other income of Rs.74.1 Cr.
  • Dividend payout has been low at 3.82% of profits over last 3 years
  • Debtor days have increased from 36.7 to 45.4 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
37 42 34 18 15 17 11 9 16 13 11 14 20
24 27 23 13 13 13 11 8 14 11 10 12 16
Operating Profit 13 14 11 5 3 4 1 0 3 2 1 2 4
OPM % 35% 34% 33% 27% 18% 22% 5% 4% 17% 14% 9% 15% 20%
4 1 1 0 -0 2 24 0 1 0 0 0 74
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 16 15 11 4 1 5 24 -0 2 1 0 1 77
Tax % 24% 25% 25% 25% 38% 17% 10% -25% 43% 26% 21% 24% 15%
12 11 8 3 1 4 21 -0 1 1 0 1 65
EPS in Rs 41.27 36.67 28.17 10.27 3.00 13.83 70.97 -1.20 4.43 2.07 0.63 3.27 215.83
Raw PDF
Upcoming result date: 13 August 2025

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
50 41 37 47 52 67 56 70 120 109 53 58
38 31 30 35 40 49 42 50 81 75 46 49
Operating Profit 12 9 7 12 12 18 14 21 39 34 7 9
OPM % 24% 23% 18% 25% 24% 27% 24% 29% 32% 31% 14% 15%
1 1 2 5 6 1 -5 10 10 1 27 74
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 2 2 1 1 1 2 2 2 3 4 4
Profit before tax 11 9 6 15 16 17 6 28 46 32 31 79
Tax % 33% 33% 24% 28% 21% 28% 51% 18% 23% 26% 13% 16%
7 6 5 11 13 12 3 23 36 23 26 67
EPS in Rs 24.67 19.23 16.33 36.50 43.10 40.37 10.30 77.13 118.70 78.10 88.00 221.77
Dividend Payout % 6% 8% 12% 5% 6% 6% 24% 5% 3% 5% 5% 2%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: -22%
TTM: 9%
Compounded Profit Growth
10 Years: 2%
5 Years: 1%
3 Years: -43%
TTM: 70%
Stock Price CAGR
10 Years: 17%
5 Years: 15%
3 Years: -14%
1 Year: -5%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 6%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 23 29 33 44 56 68 66 106 147 170 214 235
2 4 3 2 3 3 2 1 0 0 5 4
4 3 4 4 4 4 6 10 11 7 11 8
Total Liabilities 33 39 42 52 66 79 76 120 162 180 233 250
12 13 12 12 12 15 10 10 18 26 26 29
CWIP 0 0 0 0 0 0 0 1 2 1 0 0
Investments 2 9 15 25 33 43 39 76 87 116 169 0
19 17 15 15 21 21 26 33 55 38 37 221
Total Assets 33 39 42 52 66 79 76 120 162 180 233 250

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6 9 6 7 6 13 15 6 8 43 2 -2
-5 -9 -5 -7 -6 -12 -6 -9 -7 -38 -8 186
0 1 -2 -2 0 -1 -2 -2 -2 -2 4 -3
Net Cash Flow 1 -0 -0 -2 1 -0 7 -5 -1 4 -3 182

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 39 37 44 30 32 38 26 47 62 13 52 45
Inventory Days 113 158 137 153 157 122 171 196 167 176 331 300
Days Payable 24 21 23 25 17 22 46 34 20 8 22 46
Cash Conversion Cycle 128 174 157 158 172 137 150 209 209 181 361 299
Working Capital Days 76 65 66 73 89 69 69 116 136 93 171 154
ROCE % 46% 26% 13% 30% 28% 24% 18% 22% 36% 20% 2% 3%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.36% 73.36%
26.59% 26.58% 26.57% 26.57% 26.58% 26.58% 26.57% 26.57% 26.58% 26.58% 26.63% 26.62%
No. of Shareholders 4,3844,7524,8755,0565,2125,5925,6025,5225,3555,2495,1475,067

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