Dhanashree Electronics Ltd
₹ 125
0.00%
05 Oct
- close price
- Market Cap ₹ 177 Cr.
- Current Price ₹ 125
- High / Low ₹ 438 / 100
- Stock P/E 51.5
- Book Value ₹ 49.2
- Dividend Yield 0.08 %
- ROCE 10.0 %
- ROE 6.60 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.54 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
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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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 31 | 34 | 54 | 44 | 46 | 41 | 46 | 49 | 82 | 98 | 112 | 109 | |
| 19 | 27 | 27 | 46 | 35 | 37 | 35 | 39 | 55 | 78 | 99 | 112 | 110 | |
| Operating Profit | 2 | 3 | 7 | 8 | 9 | 9 | 6 | 8 | -6 | 4 | -0 | -0 | -1 |
| OPM % | 8% | 11% | 20% | 15% | 20% | 19% | 16% | 16% | -12% | 4.7% | -0.1% | -0.1% | -0.7% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 8 | 13 | 13 | 12 | |
| Interest | 1 | 2 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 6 | 8 | 7 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 2 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 | 5 | 4 |
| 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 | 3 | |
| EPS in Rs | 1.78 | 1.87 | 1.18 | 1.39 | 1.90 | 2.76 | 2.44 | 2.60 | 2.42 | ||||
| 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: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 11% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 48% |
| 1 Year: | -71% |
| 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
| 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Share from PIL (Philips India Limited) Products - Group Level % |
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| Dealers, Distributors and Retailers (Group Network) count |
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| Installed Capacity - Electronic Chokes units |
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| Installed Capacity - LED Bulbs lakh units |
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Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Annual Report 2026
-
Notice Of AGM
- 39th AGM on 30 Sep 2026 to approve 0.10 dividend and Rs 250 crore related-party transactions.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
Intimation Of Date Of AGM, Record Date And Book Closure Date
- Board approved Q1 FY2026 results, set 39th AGM for 30 September 2026, and record date/book closure for final dividend.
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
Business Overview:
The portfolio spans LED bulbs/lamps, battens/tube lights, panels/downlights, street/flood/decorative luminaires, electronic/copper chokes, solar street/rooftop and other solar-lighting products. It also supplies façade/project lighting and trades professional-audio products.