Dhanashree Electronics Ltd
Incorporated in 1987, Dhanashree Electronics Ltd is in manufacturing, marketing, supplying various types of light products[1]
- Market Cap ₹ 429 Cr.
- Current Price ₹ 302
- High / Low ₹ 302 / 49.7
- Stock P/E 104
- Book Value ₹ 29.5
- Dividend Yield 0.03 %
- ROCE 11.8 %
- ROE 8.61 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 10.2 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 9.16% over last 3 years.
- Earnings include an other income of Rs.13.0 Cr.
- Company has high debtors of 196 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 21 | 31 | 34 | 54 | 44 | 46 | 41 | 46 | 49 | 82 | 98 | 110 | |
8 | 19 | 27 | 27 | 46 | 35 | 37 | 35 | 39 | 55 | 78 | 99 | 109 | |
Operating Profit | 1 | 2 | 3 | 7 | 8 | 9 | 9 | 6 | 8 | -6 | 4 | -0 | 1 |
OPM % | 15% | 8% | 11% | 20% | 15% | 20% | 19% | 16% | 16% | -12% | 5% | -0% | 1% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 8 | 13 | 13 | |
Interest | 1 | 1 | 2 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 6 | 8 | 8 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 2 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 | 6 |
Tax % | 11% | 79% | 32% | 26% | 26% | 19% | 16% | 18% | 25% | 27% | 26% | 26% | |
0 | 0 | 1 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 4 | 3 | 4 | |
EPS in Rs | 1.78 | 1.87 | 1.18 | 1.39 | 1.90 | 2.76 | 2.44 | 2.92 | |||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 28% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | 48% |
5 Years: | 5% |
3 Years: | 21% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 138% |
1 Year: | 298% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 9% |
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 | 7 | 7 | 7 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 2 | 2 | 3 | 6 | 9 | 11 | 14 | 16 | 18 | 20 | 24 | 28 |
6 | 18 | 24 | 37 | 40 | 42 | 37 | 45 | 47 | 52 | 63 | 64 | |
3 | 3 | 10 | 8 | 10 | 7 | 16 | 14 | 9 | 11 | 22 | 38 | |
Total Liabilities | 18 | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 |
3 | 3 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 6 | 5 | 5 | |
CWIP | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 2 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | 23 | 36 | 57 | 64 | 66 | 74 | 80 | 81 | 92 | 118 | 139 | |
Total Assets | 18 | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -11 | -3 | -20 | 9 | 4 | 9 | -3 | 2 | -15 | -13 | -7 | |
-0 | -0 | -2 | -1 | -1 | 0 | 0 | -0 | 1 | 14 | 8 | 13 | |
-0 | 11 | 5 | 20 | -8 | -4 | -10 | 4 | -2 | 0 | 5 | -6 | |
Net Cash Flow | 0 | -0 | -0 | -1 | -0 | -0 | 0 | 0 | 1 | -1 | -1 | 1 |
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 | 191 | 163 | 195 | 309 | 177 | 203 | 219 | 256 | 196 | 175 | 151 | 196 |
Inventory Days | 191 | 194 | 211 | 369 | 283 | 441 | 480 | 579 | 562 | 401 | 288 | 220 |
Days Payable | 17 | 5 | 115 | 77 | 67 | 38 | 158 | 133 | 53 | 61 | 90 | 138 |
Cash Conversion Cycle | 365 | 352 | 290 | 602 | 394 | 606 | 542 | 703 | 706 | 515 | 348 | 278 |
Working Capital Days | 6 | 325 | 293 | 448 | 272 | 371 | 339 | 459 | 409 | 440 | 329 | 293 |
ROCE % | 8% | 7% | 11% | 14% | 13% | 13% | 12% | 9% | 9% | 11% | 13% | 12% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Aug
-
Revision Of Credit Rating
29 Aug - Infomerics upgraded Dhanashree Electronics' long-term rating to IVR BB+ and short-term to IVR A4+ on 29-Aug-2025.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
29 Aug - 38th AGM (29 Aug 2025): approved FY2025 results; final dividend ₹0.10/share; director reappointment; RPT approval.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug
- Unaudited Financial Results For The Quarter 30.06.2025 14 Aug
Business Overview:[1]
Company deals in Lighting Manufacturing, Electrical Goods Marketing, Installation Services, Professional Audio, Recording Studio, Renting Spaces, Trading of multiple international brands and also caters to government orders by bidding tenders for electronic products in several states.