Dhanashree Electronics Ltd
Incorporated in 1987, Dhanashree Electronics Ltd is in manufacturing, marketing, supplying various types of light products[1]
- Market Cap ₹ 217 Cr.
- Current Price ₹ 153
- High / Low ₹ 438 / 130
- Stock P/E 58.9
- Book Value ₹ 49.2
- Dividend Yield 0.07 %
- ROCE 10.0 %
- ROE 6.60 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.11 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.34% over last 3 years.
- Earnings include an other income of Rs.12.5 Cr.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 31 | 34 | 54 | 44 | 46 | 41 | 46 | 49 | 82 | 98 | 112 | |
| 19 | 27 | 27 | 46 | 35 | 37 | 35 | 39 | 55 | 78 | 99 | 112 | |
| Operating Profit | 2 | 3 | 7 | 8 | 9 | 9 | 6 | 8 | -6 | 4 | -0 | -0 |
| OPM % | 8% | 11% | 20% | 15% | 20% | 19% | 16% | 16% | -12% | 5% | -0% | -0% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 8 | 13 | 13 | |
| Interest | 1 | 2 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 6 | 8 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 2 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 | 5 |
| Tax % | 79% | 32% | 26% | 26% | 19% | 16% | 18% | 25% | 27% | 26% | 26% | 23% |
| 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 | 2.60 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 22% |
| 3 Years: | 31% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 11% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 78% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 7% |
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 | 7 | 7 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 2 | 3 | 6 | 9 | 11 | 14 | 16 | 18 | 20 | 24 | 28 | 56 |
| 18 | 24 | 37 | 40 | 42 | 37 | 45 | 47 | 52 | 63 | 64 | 56 | |
| 3 | 10 | 8 | 10 | 7 | 16 | 14 | 9 | 11 | 22 | 38 | 30 | |
| Total Liabilities | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 | 156 |
| 3 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 6 | 5 | 5 | 4 | |
| CWIP | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 2 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 23 | 36 | 57 | 64 | 66 | 74 | 80 | 81 | 92 | 118 | 139 | 152 | |
| Total Assets | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 | 156 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -11 | -3 | -20 | 9 | 4 | 9 | -3 | 2 | -15 | -13 | -7 | -8 | |
| -0 | -2 | -1 | -1 | 0 | 0 | -0 | 1 | 14 | 8 | 13 | -3 | |
| 11 | 5 | 20 | -8 | -4 | -10 | 4 | -2 | 0 | 5 | -6 | 10 | |
| Net Cash Flow | -0 | -0 | -1 | -0 | -0 | 0 | 0 | 1 | -1 | -1 | 1 | -0 |
| Free Cash Flow | -11 | -5 | -21 | 9 | 3 | 9 | -4 | 3 | -15 | -13 | -7 | -8 |
| CFO/OP | -646% | -94% | -302% | 108% | 50% | 114% | -47% | 37% | 237% | -299% | 3,740% | 10,967% |
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 | 163 | 195 | 309 | 177 | 203 | 219 | 256 | 196 | 175 | 151 | 196 | 127 |
| Inventory Days | 194 | 211 | 369 | 283 | 441 | 480 | 579 | 562 | 401 | 288 | 220 | 184 |
| Days Payable | 5 | 115 | 77 | 67 | 38 | 158 | 133 | 53 | 61 | 90 | 138 | 79 |
| Cash Conversion Cycle | 352 | 290 | 602 | 394 | 606 | 542 | 703 | 706 | 515 | 348 | 278 | 232 |
| Working Capital Days | 325 | 293 | 448 | 272 | 371 | 339 | 459 | 409 | 440 | 329 | 293 | 280 |
| ROCE % | 7% | 11% | 14% | 13% | 13% | 12% | 9% | 9% | 11% | 13% | 12% | 10% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| GCA (Gross Current Asset) Days Days |
|
|||||
| Trade Receivables Turnover Ratio Times |
||||||
| Installed Capacity - Electronic Choke Units per year |
||||||
| Installed Capacity - LED Bulbs Units per year |
||||||
| Size of Distribution Network (Dealers, Distributors, and Retailers) Number |
||||||
| Total Employees Number |
||||||
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
-
Announcement under Regulation 30 (LODR)-Dividend Updates
30 May - Board approved FY26 audited results, ₹0.10 dividend, related-party transactions, and unmodified audit opinion.
- Results 30 May
-
Board Meeting Outcome for As Per Letter Attached
30 May - Board approved FY26 audited results, recommended Rs0.10 final dividend, and reported unmodified audit opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Annual Secretarial Compliance Report for year ended 31 March 2026; notes Rs. 84,000 penalty paid.
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.