Dhanashree Electronics Ltd
Incorporated in 1987, Dhanashree Electronics Ltd is in manufacturing, marketing, supplying various types of light products[1]
- Market Cap ₹ 298 Cr.
- Current Price ₹ 210
- High / Low ₹ 438 / 49.7
- Stock P/E 71.9
- Book Value ₹ 29.5
- Dividend Yield 0.05 %
- ROCE 11.8 %
- ROE 8.61 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 7.11 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% | 4% |
| 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: | 113% |
| 1 Year: | 229% |
| 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
-
Board Meeting Intimation for Notice Of Board Meeting
3 Nov - Board meeting 14 Nov 2025 to approve unaudited results for quarter/half-year ended 30 Sep 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Oct
-
Board Meeting Outcome for Notice For Board Meeting To Consider Voluntary Delisting Of Its Equity Shares From Calcutta Stock Exchange
24 Oct - Board approved voluntary delisting from Calcutta Stock Exchange; shares to remain listed on BSE; meeting 24-10-2025.
-
Board Meeting Intimation for : Notice For Board Meeting To Consider Voluntary Delisting Of Its Equity Shares From CSE
17 Oct - Dhanashree Electronics board meeting on 24 Oct 2025 to consider voluntary delisting from CSE.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Oct
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.