Dhanashree Electronics Ltd
Incorporated in 1987, Dhanashree Electronics Ltd is in manufacturing, marketing, supplying various types of light products[1]
- Market Cap ₹ 264 Cr.
- Current Price ₹ 186
- High / Low ₹ 438 / 118
- Stock P/E 66.5
- Book Value ₹ 30.8
- Dividend Yield 0.05 %
- ROCE 11.8 %
- ROE 8.61 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.04 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.12.4 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 | 105 | |
| 8 | 19 | 27 | 27 | 46 | 35 | 37 | 35 | 39 | 55 | 78 | 99 | 103 | |
| Operating Profit | 1 | 2 | 3 | 7 | 8 | 9 | 9 | 6 | 8 | -6 | 4 | -0 | 2 |
| OPM % | 15% | 8% | 11% | 20% | 15% | 20% | 19% | 16% | 16% | -12% | 5% | -0% | 2% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 8 | 13 | 12 | |
| 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 | 5 |
| 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 | 2.80 | |||||
| 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: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 5% |
| 3 Years: | 21% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 98% |
| 1 Year: | 17% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 2 | 2 | 3 | 6 | 9 | 11 | 14 | 16 | 18 | 20 | 24 | 28 | 30 |
| 6 | 18 | 24 | 37 | 40 | 42 | 37 | 45 | 47 | 52 | 63 | 64 | 64 | |
| 3 | 3 | 10 | 8 | 10 | 7 | 16 | 14 | 9 | 11 | 22 | 38 | 28 | |
| Total Liabilities | 18 | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 | 135 |
| 3 | 3 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 6 | 5 | 5 | 5 | |
| CWIP | 3 | 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 | 0 |
| 12 | 23 | 36 | 57 | 64 | 66 | 74 | 80 | 81 | 92 | 118 | 139 | 131 | |
| Total Assets | 18 | 30 | 44 | 65 | 73 | 74 | 82 | 88 | 88 | 98 | 124 | 144 | 135 |
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 |
| Free Cash Flow | -0 | -11 | -5 | -21 | 9 | 3 | 9 | -4 | 3 | -15 | -13 | -7 |
| CFO/OP | 16% | -646% | -94% | -302% | 108% | 50% | 114% | -47% | 37% | 237% | -299% | 3,740% |
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% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| GCA (Gross Current Asset) Days Days |
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| Trade Receivables Turnover Ratio Times |
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| Installed Capacity - Electronic Choke Units per year |
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| Installed Capacity - LED Bulbs Units per year |
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| Size of Distribution Network (Dealers, Distributors, and Retailers) Number |
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| Total Employees Number |
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Extracted by Screener AI
Documents
Announcements
-
Declaration With Respect To Non-Applicability Of Large Corporate Framework
21 Apr - Company declared it is not a Large Corporate as of 31 March 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
-
Closure of Trading Window
25 Mar - Dhanashree Electronics trading window closed April 1, 2026 until 48 hours after audited results (Mar 31, 2026).
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Feb
- UFR 31.12.2025 14 Feb
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.