Dolphin Kitchen Utensils and Appliances Limited
Incorporated in 1995, Dolphin Kitchen Utensils and Appliances Ltd is engaged in trading and marketing a wide range of stainless-steel products.[1]
- Market Cap ₹ 24.1 Cr.
- Current Price ₹ 18.2
- High / Low ₹ 41.2 / 17.5
- Stock P/E 4.32
- Book Value ₹ 50.2
- Dividend Yield 0.00 %
- ROCE 19.3 %
- ROE 17.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.36 times its book value
- Debtor days have improved from 310 to 108 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.10%
- Working capital days have increased from 82.0 days to 190 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
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 7m | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 6.27 | 40.73 | 65.16 | 67.21 | |
| 6.23 | 37.29 | 59.70 | 60.43 | |
| Operating Profit | 0.04 | 3.44 | 5.46 | 6.78 |
| OPM % | 0.64% | 8.45% | 8.38% | 10.09% |
| 0.00 | 0.00 | 0.01 | 0.01 | |
| Interest | 0.01 | 0.46 | 0.27 | 0.26 |
| Depreciation | 0.00 | 0.09 | 0.15 | 0.20 |
| Profit before tax | 0.03 | 2.89 | 5.05 | 6.33 |
| Tax % | 0.00% | 25.26% | 26.53% | |
| 0.03 | 2.16 | 3.71 | 5.57 | |
| EPS in Rs | 30.00 | 5.25 | 5.61 | 5.89 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 83% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 4.12 | 6.62 | 12.53 |
| Reserves | 0.35 | 2.99 | 28.06 | 50.40 |
| 6.75 | 5.47 | 7.95 | 7.77 | |
| 18.72 | 7.53 | 6.62 | 8.41 | |
| Total Liabilities | 25.83 | 20.11 | 49.25 | 79.11 |
| 0.41 | 0.35 | 2.12 | 2.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.13 | 0.59 | 4.24 | 4.32 |
| 25.29 | 19.17 | 42.89 | 72.75 | |
| Total Assets | 25.83 | 20.11 | 49.25 | 79.11 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -4.74 | -1.20 | -20.72 | |
| -1.20 | -0.49 | -5.61 | |
| 6.10 | 2.36 | 26.43 | |
| Net Cash Flow | 0.16 | 0.67 | 0.10 |
| Free Cash Flow | -5.12 | -1.22 | -22.69 |
| CFO/OP | -11,825% | -14% | -355% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 781.81 | 41.58 | 107.94 |
| Inventory Days | 526.31 | 135.05 | 96.19 |
| Days Payable | 844.21 | 68.69 | 27.14 |
| Cash Conversion Cycle | 463.91 | 107.94 | 177.00 |
| Working Capital Days | 1.16 | 54.31 | 190.45 |
| ROCE % | 34.03% | 19.27% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Trade Receivables Turnover Ratio Ratio ・Standalone data |
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| Number of Distributors Number |
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| Number of Permanent Employees Number ・Standalone data |
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| Number of Sub-dealers / Stockists / Retailers Number |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the period ended March 31, 2026
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
28 Mar - Statutory auditor firm renamed from Patel Jain & Associates to Bhatt Shah Mekhia & Co, effective 20 Jan 2026.
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Closure of Trading Window
27 Mar - Trading window closed from Apr 1, 2026 until 48 hours after audited FY2025-26 results announcement.
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Board Meeting Outcome for Appointment And Resignation Of Independent Director Of The Company.
14 Feb - Appointed Reeya Kothari as Independent Director; Sakshi Dwivedi resigned effective Feb 14, 2026.
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Clarification On Price Movement
12 Feb - Clarifies no undisclosed information; promoters under lock-in; attributes Feb 2026 price movement to market.
Business Overview:[1][2]
DKUAL was formed to acquire the running business of sole proprietorship Steel kraft Industries. is in the business of providing kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water
Bottles, Stainless Steel Sheets, Stainless
Steel Circles, and an array of other utensils.
It trades in raw materials such as S.S. Patta,
Coils, Scrap, Pipes, M.S. Rounds, and M.S.
Beams.