Dhanuka Infra Realty Ltd
Incorporated in 2002, Dhanuka Realty Ltd is a real estate development and construction company. [1]
- Market Cap ₹ 9.06 Cr.
- Current Price ₹ 9.50
- High / Low ₹ 34.0 / 9.50
- Stock P/E 3.17
- Book Value ₹ 16.5
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 20.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.58 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -12.6%
- The company has delivered a poor sales growth of 0.56% over past five years.
- Company has a low return on equity of 8.57% over last 3 years.
- Earnings include an other income of Rs.2.15 Cr.
- Company has high debtors of 290 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 Realty Realty Residential, Commercial Projects
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 15.42 | 24.41 | 16.34 | 3.90 | 12.60 | 3.54 | 2.21 | 2.08 | 4.01 | |
| 13.13 | 22.41 | 16.30 | 4.09 | 14.73 | 4.14 | 3.62 | 2.16 | 2.65 | |
| Operating Profit | 2.29 | 2.00 | 0.04 | -0.19 | -2.13 | -0.60 | -1.41 | -0.08 | 1.36 |
| OPM % | 14.85% | 8.19% | 0.24% | -4.87% | -16.90% | -16.95% | -63.80% | -3.85% | 33.92% |
| 0.07 | 0.07 | 0.16 | 0.25 | 0.21 | 1.41 | 1.50 | 2.62 | 2.15 | |
| Interest | 1.21 | 1.44 | 1.52 | 1.31 | 0.04 | 1.29 | 1.09 | 1.06 | 0.67 |
| Depreciation | 0.08 | 0.12 | 0.20 | 0.16 | 0.15 | 0.11 | 0.10 | 0.10 | 0.10 |
| Profit before tax | 1.07 | 0.51 | -1.52 | -1.41 | -2.11 | -0.59 | -1.10 | 1.38 | 2.74 |
| Tax % | 31.78% | 27.45% | -23.03% | -24.11% | -24.17% | -32.20% | -24.55% | 26.09% | 25.55% |
| 0.74 | 0.37 | -1.17 | -1.07 | -1.60 | -0.40 | -0.84 | 1.02 | 2.05 | |
| EPS in Rs | 2.10 | 0.53 | -1.66 | -1.52 | -2.27 | -0.57 | -1.09 | 1.32 | 2.65 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 4% |
| TTM: | 93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 92% |
| TTM: | 101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| 1 Year: | -62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 9% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.52 | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.74 | 7.74 | 7.74 | 9.54 |
| Reserves | 7.40 | 4.25 | 3.08 | 2.01 | 0.41 | 0.02 | 0.23 | 1.25 | 3.30 | 6.18 |
| 11.78 | 13.08 | 11.82 | 11.17 | 17.34 | 12.64 | 11.14 | 9.33 | 7.79 | 2.20 | |
| 29.20 | 19.48 | 11.48 | 12.24 | 6.18 | 3.00 | 3.05 | 2.25 | 2.38 | 1.14 | |
| Total Liabilities | 51.90 | 43.85 | 33.42 | 32.46 | 30.97 | 22.70 | 22.16 | 20.57 | 21.21 | 19.06 |
| 2.57 | 3.26 | 3.06 | 2.89 | 2.55 | 2.41 | 2.31 | 2.22 | 2.12 | 2.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.30 | 0.30 | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 49.33 | 40.29 | 30.06 | 29.27 | 28.42 | 20.29 | 19.85 | 18.35 | 19.09 | 16.98 | |
| Total Assets | 51.90 | 43.85 | 33.42 | 32.46 | 30.97 | 22.70 | 22.16 | 20.57 | 21.21 | 19.06 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| -4.19 | 2.95 | -1.44 | 0.54 | -4.33 | -1.02 | -0.20 | 2.07 | 0.34 | |
| -2.14 | -2.78 | 0.00 | 0.00 | 0.68 | 0.03 | 0.00 | 0.00 | 0.51 | |
| 5.86 | 1.66 | -0.05 | -0.84 | 3.68 | 1.20 | -0.05 | -1.86 | -0.61 | |
| Net Cash Flow | -0.47 | 1.82 | -1.49 | -0.30 | 0.03 | 0.22 | -0.25 | 0.21 | 0.24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154.10 | 49.34 | 62.10 | 240.53 | 82.85 | 92.80 | 41.29 | 105.29 | 290.36 |
| Inventory Days | 1,399.95 | 1,072.10 | 431.61 | 1,958.54 | 2,517.85 | 4,119.69 | 3,192.59 | ||
| Days Payable | 89.21 | 51.51 | 31.16 | 105.56 | 83.98 | 87.71 | 94.72 | ||
| Cash Conversion Cycle | 154.10 | 1,360.08 | 1,082.69 | 240.53 | 483.30 | 1,945.78 | 2,475.16 | 4,137.27 | 3,388.24 |
| Working Capital Days | 355.30 | 212.78 | 312.28 | 1,141.79 | 422.94 | 572.25 | 1,028.94 | 1,044.11 | 656.27 |
| ROCE % | 8.16% | 0.00% | -0.47% | -9.20% | 3.15% | -0.05% | 13.04% | 18.36% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Work-in-Progress (Inventory) Rs. in '00 |
|
||||||
| Sale of Flats (Revenue) Rs. in '00 ・Standalone data |
|||||||
| Number of Permanent Employees Number ・Standalone data |
|||||||
| Land Aggregation/Brokerage Income Rs. in '00 ・Standalone data |
|||||||
| Number of Flats held as Collateral (Sunshine Aditya) Number ・Standalone data |
|||||||
Documents
Announcements
-
Price movement
4 March 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
-
Clarification - Financial Results
19 January 2026 - Exchange has sought clarification from Dhanuka Infra Realty Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 January 2026 - Regulation 74(5) not applicable; all shares demat; no rematerialisation requests, quarter ended 31 Dec 2025.
-
Name and Symbol Change
29 December 2025 - Dhanuka Realty renamed Dhanuka Infra Realty; symbol DRL to DIRL effective Jan 02, 2026.
-
Name Change
22 December 2025 - Dhanuka Realty Limited has informed that the name has been changed from
Business Overview:[1][2]
DRL is a part of the Dhanuka group, which undertakes residential
real estate projects. The company is engaged in residential and
commercial real estate development and construction. It primarily focuses on the development of residential apartments in Jaipur and has taken a project for the construction of boundary walls of Gail India Ltd.