Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.19 | 22.51 | 29.73 | 14.04 | 17.03 | 25.63 | 41.69 | 25.57 | 19.56 | 18.26 | 48.30 | 22.68 |
| Expenses | 18.24 | 22.77 | 24.42 | 12.87 | 15.05 | 22.22 | 48.42 | 23.04 | 16.65 | 14.85 | 57.21 | 20.83 |
| Operating Profit | -3.05 | -0.26 | 5.31 | 1.17 | 1.98 | 3.41 | -6.73 | 2.53 | 2.91 | 3.41 | -8.91 | 1.85 |
| OPM % | -20.08% | -1.16% | 17.86% | 8.33% | 11.63% | 13.30% | -16.14% | 9.89% | 14.88% | 18.67% | -18.45% | 8.16% |
| Other Income | 5.04 | 3.01 | 0.44 | 0.01 | 0.63 | 0.01 | 12.37 | 0.01 | 0.06 | 0.00 | 12.44 | 0.00 |
| Interest | 0.70 | 1.59 | 3.11 | 0.55 | 1.67 | 1.86 | 3.41 | 0.97 | 1.80 | 2.30 | 1.71 | 0.69 |
| Depreciation | 0.16 | 0.15 | 0.15 | 0.17 | 0.17 | 0.18 | 0.17 | 0.20 | 0.21 | 0.21 | 0.26 | 0.18 |
| Profit before tax | 1.13 | 1.01 | 2.49 | 0.46 | 0.77 | 1.38 | 2.06 | 1.37 | 0.96 | 0.90 | 1.56 | 0.98 |
| Tax % | 24.78% | 25.74% | 27.71% | 17.39% | 24.68% | 25.36% | 28.64% | 22.63% | 22.92% | 22.22% | 23.72% | 18.37% |
| Net Profit | 0.84 | 0.75 | 1.80 | 0.38 | 0.58 | 1.04 | 1.47 | 1.05 | 0.74 | 0.71 | 1.19 | 0.80 |
| EPS in Rs | 0.59 | 0.53 | 1.27 | 0.27 | 0.41 | 0.73 | 1.04 | 0.74 | 0.52 | 0.50 | 0.84 | 0.56 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31 | 34 | 54 | 44 | 46 | 41 | 46 | 49 | 82 | 98 | 112 | 109 |
| Expenses | 27 | 27 | 46 | 35 | 37 | 35 | 39 | 55 | 78 | 99 | 112 | 110 |
| Operating Profit | 3 | 7 | 8 | 9 | 9 | 6 | 8 | -6 | 4 | -0 | -0 | -1 |
| OPM % | 11% | 20% | 15% | 20% | 19% | 16% | 16% | -12% | 4.7% | -0.1% | -0.1% | -0.7% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 8 | 13 | 13 | 12 |
| Interest | 2 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 6 | 8 | 7 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 | 5 | 4 |
| Tax % | 32% | 26% | 26% | 19% | 16% | 18% | 25% | 27% | 26% | 26% | 23% | |
| Net Profit | 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% | 4% | 4% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 14% | 22% | 31% | -1% | ||
| Compounded Profit Growth | 17% | 17% | 11% | -17% | ||
| Stock Price CAGR | % | 57% | 48% | -69% | ||
| Return on Equity | 9% | 8% | 8% | 7% |
| 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 |
| Borrowings | 18 | 24 | 37 | 40 | 42 | 37 | 45 | 47 | 52 | 63 | 64 | 56 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -11 | -3 | -20 | 9 | 4 | 9 | -3 | 2 | -15 | -13 | -7 | -8 |
| Cash from Investing Activity | -0 | -2 | -1 | -1 | 0 | 0 | -0 | 1 | 14 | 8 | 13 | -3 |
| Cash from Financing Activity | 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% |
| 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% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.20% | 70.20% | 70.20% | 70.20% | 70.20% | 70.20% | 70.20% | 70.20% | 70.20% | 74.59% | 74.59% | 74.59% |
| Public | 29.80% | 29.80% | 29.80% | 29.79% | 29.80% | 29.79% | 29.80% | 29.79% | 29.79% | 25.41% | 25.41% | 25.40% |
| No. of Shareholders | 1,577 | 1,515 | 1,676 | 1,871 | 1,968 | 2,059 | 2,092 | 1,985 | 1,965 | 2,063 | 2,007 | 1,993 |
Fundamentals
Market Cap₹ 177 Cr.
Current Price₹ 125
Stock P/E51.6
Book Value₹ 49.2
ROCE10.0 %
ROE6.60 %
Dividend Yield0.08 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-17%
Standalone figures.
Valuation
Market capRs 177 Cr
Enterprise valueRs 233 Cr
P/E (TTM)51.54x
Price to book2.54x
Price to sales1.63x
EV / EBITDA19.79x
EV / EBIT21.36x
EV / sales2.14x
Earnings yield1.94%
Dividend yield0.08%
P/E, 3-year average23.46x
P/B, 3-year average2.12x
P/E, 5-year average17.85x
P/B, 5-year average1.49x
Profitability
Operating margin (excl. other income)-0.05%
Operating margin (incl. other income)11.15%
EBITDA margin10.81%
Pre-tax margin4.04%
Net profit margin3.16%
Net margin, latest quarter3.53%
ROE6.60%
ROCE10.00%
ROA2.46%
ROE, 3-year average8.64%
ROCE, 3-year average11.43%
ROA, 3-year average2.86%
ROE, 5-year average8.08%
ROCE, 5-year average10.90%
ROA, 5-year average2.74%
ROIC (approx.)6.69%
Tax rate23.12%
Other income / net worth17.91%
Growth
Sales growth (latest year)13.45%
Profit growth (latest year)6.65%
Sales CAGR, 3 years31.27%
Sales CAGR, 5 years22.12%
Profit CAGR, 3 years11.11%
Profit CAGR, 5 years17.18%
Sales growth QoQ-53.04%
Profit growth QoQ-32.77%
Sales growth YoY (latest quarter)-11.30%
Profit growth YoY (latest quarter)-23.81%
Per share
EPS (TTM)Rs 2.42
EPS (latest quarter)Rs 0.56
EPS, 3-year averageRs 2.60
EPS, 5-year averageRs 2.12
Book value per shareRs 49.23
Sales per shareRs 76.67
Cash flow per shareRs -5.49
Free cash flow per shareRs -5.64
Dividend per share, 3-year averageRs 0.10
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout3.79%
Dividend payout, 3-year average3.92%
Dividend payout, 5-year average3.92%
Efficiency
Asset turnover0.72x
Fixed asset turnover25.44x
Inventory turnover1.98x
Inventory days184 days
Debtor days127 days
Debtors turnover2.88x
Creditor days79 days
Cash conversion cycle232 days
Working capital days280 days
Leverage
Total debtRs 56 Cr
Cash and bankRs 1 Cr
Net debtRs 55 Cr
Debt to equity0.80x
Net debt / EBITDA4.72x
Interest coverage1.68x
Owners' fund to total sources44.76%
Debt to assets35.89%
Cash flow
Cash from Operating Activity (latest year)Rs -8 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 10 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -8 Cr
FCFE (approx.: FCF + change in debt)Rs -16 Cr
Cash from ops / profit, 5 years-2.56x
Statement figures
Net sales (TTM)Rs 109 Cr
Net sales (latest year)Rs 112 Cr
Sales (latest quarter)Rs 23 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 104 Cr
Total expenditure (latest year)Rs 112 Cr
Total income (latest year)Rs 124 Cr
Share capitalRs 14 Cr
ReservesRs 56 Cr
Shareholders' fundsRs 70 Cr
Total assetsRs 156 Cr
Net blockRs 4 Cr
InvestmentsRs 0 Cr
ReceivablesRs 39 Cr
InventoryRs 53 Cr
Other liabilitiesRs 30 Cr
Shares outstanding (crore)1.42
Ownership
Promoter holding74.59% (+4.39 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 51.5 is at the 75th percentile of its own 5.9-year range
(median 22.1, low 6.9, high 136.1).
P/B 2.54 is at the 65th percentile (median 2.10).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 542679 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.1% | -2.8% | -0.3 pts |
| 1 month | -1.6% | -6.8% | +5.2 pts |
| 3 months | -21.9% | -7.6% | -14.2 pts |
| 3 years | +221.6% | +14.2% | +207.4 pts |
| 5 years | +879.2% | +27.9% | +851.3 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -250% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 261% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹23 Cr -11.3% vs Jun 2025.
Net profit ₹1 Cr -23.8%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Apar Industries Ltd | 74,545 | 61.8 | 31.8 % |
| Waaree Energies Ltd | 68,461 | 17.0 | 38.4 % |
| Premier Energies Ltd | 39,494 | 23.7 | 32.7 % |
| MTAR Technologies Ltd | 22,842 | 166 | 15.2 % |
| Emmvee Photovoltaic Power Ltd | 21,778 | 17.1 | 44.6 % |
| Diamond Power Infrastructure Ltd | 21,055 | 114 | 24.2 % |
| Avalon Technologies Ltd | 15,396 | 115 | 19.3 % |
| Fujiyama Power Systems Ltd | 12,512 | 29.9 | 35.1 % |
| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
| Shilchar Technologies Ltd | 4,613 | 33.5 | 50.7 % |
| Yash Highvoltage Ltd | 3,293 | 84.6 | 28.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Dhanashree Electronics Ltd?
Dhanashree Electronics Ltd (542679) has a market capitalisation of Rs 177 Cr. at the 2026-10-01 close.
What is the P/E ratio of Dhanashree Electronics Ltd?
Dhanashree Electronics Ltd trades at a P/E of 51.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Dhanashree Electronics Ltd's latest quarterly results?
In the Jun 2026 quarter, Dhanashree Electronics Ltd sales was Rs 23 Cr (-11.3% vs Jun 2025) and net profit was Rs 1 Cr.