Dhanuka Infra Realty Ltd
Incorporated in 2002, Dhanuka Realty Ltd is a real estate development and construction company. [1]
- Market Cap ₹ 10.4 Cr.
- Current Price ₹ 10.8
- High / Low ₹ 28.2 / 8.90
- Stock P/E 9.67
- Book Value ₹ 17.4
- Dividend Yield 0.00 %
- ROCE 8.86 %
- ROE 7.74 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.62 times its book value
- Debtor days have improved from 151 to 56.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -25.2% over past five years.
- Company has a low return on equity of 12.8% over last 3 years.
- Earnings include an other income of Rs.2.29 Cr.
- Promoter holding has decreased over last 3 years: -12.6%
- Working capital days have increased from 1,099 days to 1,597 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15.42 | 24.41 | 16.34 | 3.90 | 12.60 | 3.54 | 2.21 | 2.08 | 4.01 | 2.96 | |
| 13.13 | 22.41 | 16.30 | 4.09 | 14.73 | 4.14 | 3.62 | 2.16 | 2.65 | 3.52 | |
| Operating Profit | 2.29 | 2.00 | 0.04 | -0.19 | -2.13 | -0.60 | -1.41 | -0.08 | 1.36 | -0.56 |
| OPM % | 14.85% | 8.19% | 0.24% | -4.87% | -16.90% | -16.95% | -63.80% | -3.85% | 33.92% | -18.92% |
| 0.07 | 0.07 | 0.16 | 0.25 | 0.21 | 1.41 | 1.50 | 2.62 | 2.15 | 2.29 | |
| Interest | 1.21 | 1.44 | 1.52 | 1.31 | 0.04 | 1.29 | 1.09 | 1.06 | 0.67 | 0.21 |
| Depreciation | 0.08 | 0.12 | 0.20 | 0.16 | 0.15 | 0.11 | 0.10 | 0.10 | 0.10 | 0.08 |
| Profit before tax | 1.07 | 0.51 | -1.52 | -1.41 | -2.11 | -0.59 | -1.10 | 1.38 | 2.74 | 1.44 |
| Tax % | 31.78% | 27.45% | -23.03% | -24.11% | -24.17% | -32.20% | -24.55% | 26.09% | 25.55% | 25.69% |
| 0.74 | 0.37 | -1.17 | -1.07 | -1.60 | -0.40 | -0.84 | 1.02 | 2.05 | 1.07 | |
| EPS in Rs | 2.10 | 0.53 | -1.66 | -1.52 | -2.27 | -0.57 | -1.09 | 1.32 | 2.65 | 1.12 |
| Dividend Payout % | 0.00% | 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: | -25% |
| 3 Years: | 10% |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 48% |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 4% |
| 1 Year: | -63% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 6% |
| 3 Years: | 13% |
| Last Year: | 8% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 7.07 |
| 11.78 | 13.08 | 11.82 | 11.17 | 17.34 | 12.64 | 11.14 | 9.33 | 7.79 | 1.82 | |
| 29.20 | 19.48 | 11.48 | 12.24 | 6.18 | 3.00 | 3.05 | 2.25 | 2.38 | 1.51 | |
| Total Liabilities | 51.90 | 43.85 | 33.42 | 32.46 | 30.97 | 22.70 | 22.16 | 20.57 | 21.21 | 19.94 |
| 2.57 | 3.26 | 3.06 | 2.89 | 2.55 | 2.41 | 2.31 | 2.22 | 2.12 | 2.15 | |
| 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 | 17.79 | |
| Total Assets | 51.90 | 43.85 | 33.42 | 32.46 | 30.97 | 22.70 | 22.16 | 20.57 | 21.21 | 19.94 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.19 | 2.95 | -1.44 | 0.54 | -4.33 | -1.02 | -0.20 | 2.07 | 0.34 | 1.90 | |
| -2.14 | -2.78 | 0.00 | 0.00 | 0.68 | 0.03 | 0.00 | 0.00 | 0.51 | -0.35 | |
| 5.86 | 1.66 | -0.05 | -0.84 | 3.68 | 1.20 | -0.05 | -1.86 | -0.61 | -1.48 | |
| Net Cash Flow | -0.47 | 1.82 | -1.49 | -0.30 | 0.03 | 0.22 | -0.25 | 0.21 | 0.24 | 0.06 |
| Free Cash Flow | -4.23 | 1.87 | -1.44 | 0.54 | -4.13 | -0.99 | -0.20 | 2.06 | 0.33 | 1.80 |
| CFO/OP | -168% | 154% | -3,600% | -284% | 203% | 170% | 14% | -2,588% | 25% | -339% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154.10 | 49.34 | 62.10 | 240.53 | 82.85 | 92.80 | 41.29 | 105.29 | 290.36 | 56.72 |
| Inventory Days | 1,399.95 | 1,072.10 | 431.61 | 1,958.54 | 2,517.85 | 4,119.69 | 3,192.59 | 6,487.44 | ||
| Days Payable | 89.21 | 51.51 | 31.16 | 105.56 | 83.98 | 87.71 | 94.72 | 334.58 | ||
| 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 | 6,209.58 |
| Working Capital Days | 355.30 | 212.78 | 312.28 | 1,141.79 | 422.94 | 572.25 | 1,028.94 | 1,044.11 | 656.27 | 1,596.88 |
| ROCE % | 8.16% | 0.00% | -0.47% | -9.20% | 3.15% | -0.05% | 13.04% | 18.36% | 8.86% |
Insights
In beta| Sep 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Finished Goods Inventory Rs in '00 |
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| Number of Permanent Employees count ・Standalone data |
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| Work-in-Progress Inventory Rs in '00 |
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| Customer Advances Rs in '00 |
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| Sale of Flats Revenue Share % |
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| Land Aggregation Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Reply to Clarification- Financial results
10 July 2026 - Company replied to NSE queries on FY25 financial results, segment disclosure, XBRL discrepancies, and signed copies.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
8 July 2026 - Corporate governance provisions deemed inapplicable for quarter ended June 30, 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 July 2026 - Dhanuka Infra Realty Limited has informed about Certificate under Regulation-74(5) of SEBI (Depositories and Participants) Regulations, 2018
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Updates
11 June 2026 - Rectified consolidated cash flow statement for half year ended 30 September 2025.
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Outcome of Board Meeting
30 May 2026 - Board approved FY26 standalone and consolidated audited results; appointed secretarial and internal auditors for FY27.
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.