DHP India Ltd

DHP India Ltd

₹ 508 -0.90%
19 Jun - close price
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 152 Cr.
  • Current Price 508
  • High / Low 735 / 430
  • Stock P/E 13.8
  • Book Value 789
  • Dividend Yield 0.79 %
  • ROCE 6.49 %
  • ROE 4.66 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.64 times its book value

Cons

  • The company has delivered a poor sales growth of 0.59% over past five years.
  • Company has a low return on equity of 3.23% over last 3 years.
  • Dividend payout has been low at 5.73% of profits over last 3 years
  • Working capital days have increased from 455 days to 1,041 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
15.27 16.88 11.21 8.71 16.41 12.98 11.17 13.94 19.67 20.60 14.37 12.24 25.16
12.59 13.16 10.69 8.37 13.58 11.22 10.20 11.91 15.81 15.42 12.03 10.75 18.25
Operating Profit 2.68 3.72 0.52 0.34 2.83 1.76 0.97 2.03 3.86 5.18 2.34 1.49 6.91
OPM % 17.55% 22.04% 4.64% 3.90% 17.25% 13.56% 8.68% 14.56% 19.62% 25.15% 16.28% 12.17% 27.46%
-0.29 2.15 24.10 0.11 0.55 0.07 0.23 0.15 73.64 1.90 0.29 1.25 0.12
Interest 0.00 0.00 0.05 0.03 0.04 0.09 0.08 0.02 0.04 0.06 0.12 0.19 0.14
Depreciation 0.93 0.89 0.90 0.90 1.00 0.92 0.88 0.87 0.92 0.89 0.92 0.92 1.00
Profit before tax 1.46 4.98 23.67 -0.48 2.34 0.82 0.24 1.29 76.54 6.13 1.59 1.63 5.89
Tax % 38.36% 16.67% 10.05% -25.00% 43.16% 25.61% 20.83% 24.03% 15.40% 25.45% 27.04% 23.93% 30.39%
0.90 4.15 21.29 -0.36 1.33 0.62 0.19 0.98 64.75 4.56 1.16 1.23 4.10
EPS in Rs 3.00 13.83 70.97 -1.20 4.43 2.07 0.63 3.27 215.83 15.20 3.87 4.10 13.67
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
41 37 47 52 67 56 70 120 109 53 58 72
31 30 35 40 49 43 50 81 75 46 49 56
Operating Profit 9 7 12 12 18 13 21 39 34 7 9 16
OPM % 23% 18% 25% 24% 27% 23% 29% 32% 31% 14% 15% 22%
1 2 5 6 1 -5 10 10 1 27 74 4
Interest 0 0 0 0 0 0 0 0 0 0 0 1
Depreciation 2 2 1 1 1 2 2 2 3 4 4 4
Profit before tax 9 6 15 16 17 6 28 46 32 31 79 15
Tax % 33% 24% 28% 21% 28% 51% 18% 23% 26% 13% 16% 27%
6 5 11 13 12 3 23 36 23 26 67 11
EPS in Rs 19.23 16.33 36.50 43.10 40.37 10.30 77.13 118.70 78.10 88.00 221.77 36.87
Dividend Payout % 8% 12% 5% 6% 6% 24% 5% 3% 5% 5% 2% 11%
Compounded Sales Growth
10 Years: 7%
5 Years: 1%
3 Years: -13%
TTM: 25%
Compounded Profit Growth
10 Years: 13%
5 Years: -8%
3 Years: -22%
TTM: 71%
Stock Price CAGR
10 Years: 15%
5 Years: -2%
3 Years: -15%
1 Year: -23%
Return on Equity
10 Years: 11%
5 Years: 8%
3 Years: 3%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 29 33 44 56 68 66 106 147 170 214 235 234
4 3 2 3 3 2 1 0 0 5 4 7
3 4 4 4 4 6 10 11 7 11 8 6
Total Liabilities 39 42 52 66 79 76 120 162 180 233 250 249
13 12 12 12 15 10 10 18 26 26 29 26
CWIP 0 0 0 0 0 0 1 2 1 0 0 0
Investments 9 15 25 33 43 39 76 87 116 169 0 183
17 15 15 21 21 26 33 55 38 37 221 40
Total Assets 39 42 52 66 79 76 120 162 180 233 250 249

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
9 6 7 6 13 15 6 8 43 2 -2 10
-9 -5 -7 -6 -12 -6 -9 -7 -38 -8 186 -195
1 -2 -2 0 -1 -2 -2 -2 -2 4 -3 1
Net Cash Flow -0 -0 -2 1 -0 7 -5 -1 4 -3 182 -184
Free Cash Flow 6 5 6 5 8 19 5 -3 33 -1 -8 9
CFO/OP 127% 120% 95% 76% 100% 137% 50% 47% 157% 83% 115% 95%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 37 44 30 32 38 26 47 62 13 52 45 49
Inventory Days 158 137 153 157 122 171 196 167 176 331 300 250
Days Payable 21 23 25 17 22 46 34 20 8 22 46 24
Cash Conversion Cycle 174 157 158 172 137 150 209 209 181 361 299 275
Working Capital Days 65 66 73 89 69 69 116 136 93 171 154 1,041
ROCE % 26% 13% 30% 28% 24% 18% 22% 36% 20% 2% 3% 6%

Insights

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Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Domestic Revenue
Lakhs

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Electricity Consumption per Unit of Production
Units
Export Revenue
Lakhs
Total Electricity Consumption
Units
Total Employees
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.36% 73.36% 73.36% 73.36% 73.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
26.57% 26.58% 26.58% 26.57% 26.57% 26.58% 26.58% 26.63% 26.62% 26.62% 26.63% 26.62%
No. of Shareholders 5,0565,2125,5925,6025,5225,3555,2495,1475,0675,2035,1535,066

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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