Price
Financials
Consolidated, Rs crore| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.35 | 38.92 | 54.33 | 74.15 | 53.41 | 33.67 | 39.47 | 17.75 | 9.03 | 0.10 | 0.00 | 0.00 |
| Expenses | 38.30 | 40.06 | 52.67 | 72.16 | 52.34 | 33.27 | 38.76 | 17.28 | 9.17 | 1.79 | 1.45 | 1.13 |
| Operating Profit | 2.05 | -1.14 | 1.66 | 1.99 | 1.07 | 0.40 | 0.71 | 0.47 | -0.14 | -1.69 | -1.45 | -1.13 |
| OPM % | 5.08% | -2.93% | 3.06% | 2.68% | 2.00% | 1.19% | 1.80% | 2.65% | -1.55% | -1,690.00% | ||
| Other Income | 0.86 | 4.08 | 3.51 | 3.15 | 0.02 | 0.04 | 0.01 | 0.23 | 0.29 | 0.61 | 0.74 | 0.66 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.11 | 0.03 | 0.02 | 0.03 | 0.01 |
| Profit before tax | 2.76 | 2.79 | 5.02 | 4.99 | 0.94 | 0.29 | 0.58 | 0.59 | 0.12 | -1.10 | -0.74 | -0.48 |
| Tax % | 27.90% | 31.18% | 27.89% | 27.25% | 24.47% | 13.79% | 31.03% | 42.37% | 16.67% | 52.73% | -55.41% | -114.58% |
| Net Profit | 1.99 | 1.92 | 3.62 | 3.64 | 0.71 | 0.25 | 0.40 | 0.34 | 0.10 | -1.68 | -0.32 | 0.08 |
| EPS in Rs | 0.18 | 0.18 | 0.33 | 0.33 | 0.07 | 0.02 | 0.04 | 0.03 | 0.01 | -0.15 | -0.03 | 0.01 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 596.05 | 503.00 | 774.47 | 777.47 | 751.66 | 358.52 | 77.93 | 11.62 | 107.10 | 207.76 | 144.24 | 9.12 |
| Expenses | 585.91 | 490.10 | 756.17 | 758.40 | 734.64 | 385.69 | 134.66 | 10.78 | 100.07 | 203.20 | 141.57 | 13.52 |
| Operating Profit | 10.14 | 12.90 | 18.30 | 19.07 | 17.02 | -27.17 | -56.73 | 0.84 | 7.03 | 4.56 | 2.67 | -4.40 |
| OPM % | 1.70% | 2.56% | 2.36% | 2.45% | 2.26% | -7.58% | -72.80% | 7.23% | 6.56% | 2.19% | 1.85% | -48.25% |
| Other Income | 3.91 | 1.07 | 1.03 | 1.83 | 3.16 | 3.84 | 4.91 | 102.21 | 2.96 | 11.60 | 0.30 | 2.29 |
| Interest | 11.39 | 11.60 | 15.62 | 17.09 | 15.84 | 23.06 | 26.90 | 0.05 | 0.10 | 0.00 | 0.02 | 0.00 |
| Depreciation | 0.60 | 0.54 | 0.54 | 0.87 | 0.91 | 1.67 | 1.34 | 0.54 | 0.63 | 0.60 | 0.55 | 0.08 |
| Profit before tax | 2.06 | 1.83 | 3.17 | 2.94 | 3.43 | -48.06 | -80.06 | 102.46 | 9.26 | 15.56 | 2.40 | -2.19 |
| Tax % | 33.98% | 33.33% | 33.75% | 39.80% | 36.15% | -34.81% | -33.75% | 34.82% | 27.86% | 28.21% | 29.17% | -16.89% |
| Net Profit | 1.55 | 1.37 | 2.25 | 1.94 | 2.28 | -31.32 | -53.04 | 66.78 | 6.68 | 11.17 | 1.70 | -1.82 |
| EPS in Rs | 2.12 | 0.19 | 0.21 | 0.18 | 0.21 | -2.87 | -4.86 | 6.12 | 0.61 | 1.03 | 0.16 | -0.17 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -33% | -35% | -56% | -94% | ||
| Compounded Profit Growth | % | 15% | % | -207% | ||
| Stock Price CAGR | 1% | 5% | -30% | -40% | ||
| Return on Equity | % | 7% | 6% | -3% |
| 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 | 7.31 | 7.31 | 10.91 | 10.91 | 10.91 | 10.91 | 10.91 | 0.55 | 10.90 | 10.90 | 10.90 | 10.90 |
| Reserves | 17.51 | 18.84 | 28.48 | 29.65 | 31.96 | -0.06 | -53.10 | 49.06 | 50.15 | 59.54 | 54.50 | 36.88 |
| Borrowings | 81.28 | 85.15 | 106.68 | 114.69 | 122.43 | 239.47 | 203.51 | 2.72 | 1.19 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 66.97 | 61.27 | 99.31 | 100.19 | 131.79 | 8.06 | 24.71 | 0.73 | 1.18 | 5.81 | 1.77 | 1.19 |
| Total Liabilities | 173.07 | 172.57 | 245.38 | 255.44 | 297.09 | 258.38 | 186.03 | 53.06 | 63.42 | 76.25 | 67.17 | 48.97 |
| Fixed Assets | 10.18 | 10.72 | 12.27 | 18.70 | 20.92 | 23.44 | 15.08 | 9.32 | 9.19 | 8.99 | 4.85 | 2.52 |
| CWIP | 0.42 | 0.16 | 0.00 | 0.76 | 2.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.65 | 2.79 | 3.50 | 2.18 | 2.28 | 0.94 | 0.00 | 0.00 | 0.01 | 17.98 | 10.04 | 9.13 |
| Other Assets | 159.82 | 158.90 | 229.61 | 233.80 | 271.84 | 234.00 | 170.95 | 43.74 | 54.22 | 49.28 | 52.28 | 37.32 |
| Total Assets | 173.07 | 172.57 | 245.38 | 255.44 | 297.09 | 258.38 | 186.03 | 53.06 | 63.42 | 76.25 | 67.17 | 48.97 |
| 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 | 12.22 | 6.49 | -10.51 | 7.33 | 19.84 | -103.47 | 31.39 | -0.18 | -2.30 | 21.80 | -0.70 | 8.93 |
| Cash from Investing Activity | -2.33 | 1.74 | -4.17 | -3.53 | -10.53 | 9.07 | 31.20 | -0.34 | -0.48 | -20.49 | 0.12 | 7.30 |
| Cash from Financing Activity | -15.35 | -7.34 | 17.24 | -5.18 | -9.71 | 92.58 | -62.71 | 0.91 | 3.13 | -0.74 | 0.00 | -15.12 |
| Net Cash Flow | -5.47 | 0.89 | 2.56 | -1.39 | -0.40 | -1.81 | -0.12 | 0.39 | 0.36 | 0.56 | -0.58 | 1.11 |
| Free Cash Flow | 11.28 | 5.67 | -10.72 | 1.10 | 15.42 | -104.33 | 40.74 | -0.51 | -2.80 | 21.75 | -0.62 | 14.58 |
| CFO/OP | 127% | 56% | -53% | 41% | 128% | 378% | -56% | 7% | -29% | 484% | -14% | -214% |
| 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 | 51.67 | 73.19 | 64.40 | 82.78 | 104.67 | 178.16 | 516.85 | 949.57 | 129.27 | 63.18 | 71.89 | 1,015.76 |
| Inventory Days | 32.22 | 29.09 | 28.41 | 9.77 | 9.25 | 14.11 | 7.75 | 30.25 | 10.53 | 3.43 | 0.00 | |
| Days Payable | 37.48 | 40.55 | 46.81 | 44.54 | 61.70 | 3.89 | 10.16 | 1.53 | 9.00 | 0.66 | ||
| Cash Conversion Cycle | 46.41 | 61.72 | 46.00 | 48.01 | 52.23 | 188.38 | 514.43 | 949.57 | 157.98 | 64.71 | 74.66 | 1,015.76 |
| Working Capital Days | 47.76 | 8.88 | 8.30 | 6.54 | 4.53 | -31.40 | -463.36 | 1,093.43 | 160.18 | 71.59 | 119.31 | 1,246.68 |
| ROCE % | 12.57% | 12.36% | 14.60% | 13.79% | 12.02% | -12.04% | -28.03% | 0.51% | 16.34% | 22.97% | 3.56% | -3.87% |
| 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 | 90.01% | 89.60% | 79.04% | 73.42% | 64.64% | 64.33% | 64.23% | 62.27% | 61.92% | 61.92% | 61.92% | 61.92% |
| Public | 9.97% | 10.39% | 20.96% | 26.58% | 35.36% | 35.67% | 35.76% | 37.72% | 38.08% | 38.09% | 38.08% | 38.10% |
| No. of Shareholders | 3,031 | 8,169 | 12,125 | 47,866 | 46,128 | 46,995 | 46,195 | 45,506 | 44,955 | 43,253 | 41,675 | 40,702 |
Fundamentals
Market Cap₹ 43.6 Cr.
Current Price₹ 4.00
Book Value₹ 4.39
ROCE-3.87 %
ROE-3.22 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-94%
Compounded Profit Growth (TTM)-207%
Consolidated figures.
Valuation
Market capRs 44 Cr
Enterprise valueRs 42 Cr
Price to book0.92x
Price to sales4.80x
EV / sales4.59x
Price to cash flow4.90x
Earnings yield-4.16%
P/E, 3-year average33.89x
P/B, 3-year average2.41x
P/E, 5-year average17.27x
P/B, 5-year average1.24x
Profitability
Operating margin (excl. other income)-48.25%
Operating margin (incl. other income)-23.14%
EBITDA margin-23.14%
Pre-tax margin-24.12%
Net profit margin-19.96%
ROE-3.22%
ROCE-3.87%
ROA-3.13%
ROE, 3-year average5.43%
ROCE, 3-year average7.72%
ROA, 3-year average5.08%
ROE, 5-year average365.67%
ROCE, 5-year average27.09%
ROA, 5-year average16.51%
ROIC (approx.)-3.98%
Tax rate16.89%
Other income / net worth4.79%
Growth
Sales growth (latest year)-93.68%
Profit growth (latest year)-207.06%
Sales CAGR, 3 years-56.01%
Sales CAGR, 5 years-34.89%
Profit growth YoY (latest quarter)-76.47%
Per share
EPS (TTM)Rs -0.17
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.59
EPS, 5-year averageRs 307.91
Book value per shareRs 4.39
Sales per shareRs 0.84
Cash flow per shareRs 0.82
Free cash flow per shareRs 1.34
Efficiency
Asset turnover0.19x
Fixed asset turnover3.62x
Debtor days1016 days
Debtors turnover0.36x
Creditor days1 days
Cash conversion cycle1016 days
Working capital days1247 days
Leverage
Cash and bankRs 2 Cr
Net debtRs -2 Cr
Owners' fund to total sources97.57%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs 7 Cr
Cash from Financing Activity (latest year)Rs -15 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 15 Cr
Cash from ops / profit, 5 years0.33x
Sales to cash flow1.02x
Statement figures
Net sales (TTM)Rs 9 Cr
Net sales (latest year)Rs 9 Cr
Operating profit excl. other income (latest year)Rs -4 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -2 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -2 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 9 Cr
Total expenditure (latest year)Rs 14 Cr
Total income (latest year)Rs 11 Cr
Share capitalRs 11 Cr
ReservesRs 37 Cr
Shareholders' fundsRs 48 Cr
Total assetsRs 49 Cr
Net blockRs 3 Cr
InvestmentsRs 9 Cr
ReceivablesRs 25 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)10.89
Ownership
Promoter holding61.92% (-0.35 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.92 is at the 22th percentile (median 1.32).
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 | DHATRE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.0% | -2.8% | -2.2 pts |
| 1 month | -7.6% | -6.8% | -0.8 pts |
| 3 years | -65.8% | +14.2% | -79.9 pts |
| 5 years | +28.0% | +27.9% | +0.1 pts |
Red flags
F-score 4 of 8| explain | Receivables outrunning sales Receivables grew -11% vs sales -94% 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
Mar 2026Sales ₹0 Cr -100.0% vs Mar 2025.
Net profit ₹0 Cr -76.5%.
Against our estimate for Mar 2026: sales -100.0%, profit -32.2% in line. Our estimate for Jun 2026: sales Rs 5 Cr, profit Rs -45 Cr (how).
Activity
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|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
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| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
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 Dhatre Udyog Ltd?
Dhatre Udyog Ltd (DHATRE) has a market capitalisation of Rs 43.6 Cr. at the 2026-10-01 close.
What were Dhatre Udyog Ltd's latest quarterly results?
In the Mar 2026 quarter, Dhatre Udyog Ltd sales was Rs 0 Cr (-100.0% vs Mar 2025) and net profit was Rs 0 Cr.
What is the 52-week high and low of Dhatre Udyog Ltd?
The 52-week high is Rs 5.17 and the 52-week low is Rs 3.67.