MarketFriction

Dhunseri Ventures Ltd

NSE DVL · BSE 523736 · Packaging
₹278.70 -1.50%
NSE close2026-10-01
52 week range186.99 - 375.90
Market cap₹1,002 Cr.
P/E5.25
Price band 20% Delivery 78.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4357264161148113134160697271232
Expenses26442551201017824378110114132141
Operating Profit17139414734-10982-41-42-6191
OPM %39%22%3.4%25%32%30%-81%51%-59%-59%-85%39%
Other Income84204258977221445262108145
Interest186220-916271510154
Depreciation671111117776666
Profit before tax95183486113109-11093-10426226
Tax %20%32%29%19%40%15%-21%24%30%-52%6%23%
Net Profit761224706893-8771-13624174
EPS in Rs21.673.556.9519.9919.3626.70-24.8720.36-3.051.736.9649.80
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales272297076270182272232429528372443
Expenses82194373714871201232350465349496
Operating Profit1912725-7811171-0796323-53
OPM %72%3.4%2.8%3.3%-112%61%26%-0.1%18%12%6%-12%
Other Income-208497543142198407746159206181367
Interest00223755616296643
Depreciation00242826232229422625
Profit before tax-1894977829-71279450718193197113246
Tax %2%-11%34%-10%-20%16%20%25%21%28%22%
Net Profit-1925515232-5723336054215214388191
EPS in Rs-35.75171.1714.969.41-15.6466.36102.60154.9943.7441.1925.9955.44
Dividend Payout %-11%1%23%43%-3%4%4%3%11%12%52%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth30%15%17%-20%
Compounded Profit Growth35%-8%-34%44%
Stock Price CAGR%0%2%-20%
Return on Equity12%10%5%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital353535353535353535353535
Reserves4254591,0651,1581,3271,1981,5692,0272,6022,9243,1543,253
Borrowings2,2841,0590117709273115365377388952
Other Liabilities7311,727100279173154216281528592593639
Total Liabilities3,4743,2801,2001,5891,6051,4791,8932,4593,5293,9284,1714,878
Fixed Assets1,64195016293454697477628621580
CWIP75464646464646845365574819
Investments451151,0801,1261,3121,2821,6392,0792,5132,7722,9963,097
Other Assets1,7132,1705838821496139220404473480382
Total Assets3,4743,2801,2001,5891,6051,4791,8932,4593,5293,9284,1714,878
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity354-21354-3429610130-26143-7-378-102
Cash from Investing Activity-121-68-273287-51-573513-30324536-410
Cash from Financing Activity-85-51-141104-85-40-567194-51-50467
Net Cash Flow148-140-6049-40410-534-34108-45
Free Cash Flow285-32351-3518693-10-106-215-92-453-822
CFO/OP10,447%-42%49,974%-1,212%414%-137%15%33%-67,067%37%-503%-406%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days18121045000002514
Inventory Days6931091212382871
Days Payable44665119801112623673
Cash Conversion Cycle43121010-5-110-67-10-11-21-312
Working Capital Days-54-4,76961814781215994533627-60
ROCE %-1%1%38%7%6%-5%19%24%28%7%7%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.55%0.55%0.60%0.53%0.69%0.69%0.64%0.64%0.62%0.63%0.56%0.55%
DIIs2.08%1.73%1.73%1.73%1.73%1.73%1.73%1.73%1.73%1.73%1.73%1.73%
Public22.35%22.71%22.66%22.73%22.57%22.57%22.62%22.62%22.63%22.64%22.70%22.70%
No. of Shareholders23,65025,06324,33126,42425,28225,43625,88125,38224,55024,05523,60123,040

Fundamentals

Market Cap₹ 1,002 Cr.
Current Price₹ 288
Stock P/E5.25
Book Value₹ 939
ROCE6.74 %
ROE4.86 %
Dividend Yield1.74 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-20%
Compounded Profit Growth (TTM)44%
Consolidated figures.
Valuation
Market capRs 976 Cr
Enterprise valueRs 1,818 Cr
P/E (TTM)5.03x
Price to book0.30x
Price to sales2.20x
EV / EBITDA5.79x
EV / EBIT6.30x
EV / sales4.10x
Earnings yield19.88%
Dividend yield4.84%
P/E, 3-year average7.45x
P/B, 3-year average0.31x
P/E, 5-year average5.20x
P/B, 5-year average0.32x
Profitability
Operating margin (excl. other income)6.23%
Operating margin (incl. other income)54.92%
EBITDA margin70.84%
Pre-tax margin55.43%
Net profit margin43.75%
Net margin, latest quarter75.26%
ROE2.81%
ROCE4.57%
ROA2.01%
ROE, 3-year average4.32%
ROCE, 3-year average5.91%
ROA, 3-year average3.23%
ROE, 5-year average11.13%
ROCE, 5-year average13.86%
ROA, 5-year average8.86%
ROIC (approx.)5.46%
Tax rate21.87%
Other income / net worth5.51%
Growth
Sales growth (latest year)-29.54%
Profit growth (latest year)-36.90%
Sales CAGR, 3 years17.03%
Sales CAGR, 5 years15.38%
Profit CAGR, 3 years-44.85%
Profit CAGR, 5 years-17.09%
Sales growth QoQ226.37%
Profit growth QoQ615.48%
Sales growth YoY (latest quarter)44.85%
Profit growth YoY (latest quarter)144.58%
Per share
EPS (TTM)Rs 55.39
EPS (latest year)Rs 25.97
EPS (latest quarter)Rs 49.76
EPS, 3-year averageRs 36.95
EPS, 5-year averageRs 73.65
Book value per shareRs 938.64
Sales per shareRs 126.61
Cash flow per shareRs -29.02
Free cash flow per shareRs -234.69
Dividend per share (latest year)Rs 13.50
Dividend per share, 3-year averageRs 7.84
Dividend per share, 5-year averageRs 6.50
Dividends
Dividend payout51.98%
Dividend payout, 3-year average25.19%
Dividend payout, 5-year average16.54%
Efficiency
Asset turnover0.08x
Fixed asset turnover0.64x
Inventory turnover5.84x
Inventory days62 days
Debtor days14 days
Debtors turnover25.31x
Creditor days73 days
Cash conversion cycle12 days
Working capital days-60 days
Leverage
Total debtRs 952 Cr
Cash and bankRs 110 Cr
Net debtRs 842 Cr
Debt to equity0.29x
Net debt / EBITDA2.68x
Interest coverage6.72x
Current ratio (filing 2026-03-31)5.16x
Quick ratio (filing 2026-03-31)4.91x
Trade payables (filing 2026-03-31)Rs 48 Cr
Owners' fund to total sources67.40%
Debt to assets19.51%
Cash flow
Cash from Operating Activity (latest year)Rs -102 Cr
Cash from Investing Activity (latest year)Rs -410 Cr
Cash from Financing Activity (latest year)Rs 467 Cr
Net Cash Flow (latest year)Rs -45 Cr
Free cash flow (latest year)Rs -822 Cr
FCFE (approx.: FCF + change in debt)Rs -258 Cr
Cash from ops / profit, 5 years-0.29x
Statement figures
Net sales (TTM)Rs 443 Cr
Net sales (latest year)Rs 372 Cr
Sales (latest quarter)Rs 232 Cr
Operating profit excl. other income (latest year)Rs 23 Cr
Operating profit (latest quarter)Rs 91 Cr
Other income (TTM)Rs 367 Cr
EBITDA (TTM)Rs 314 Cr
PBDT (TTM)Rs 271 Cr
Profit before tax (TTM)Rs 246 Cr
Tax (latest year)Rs 25 Cr
Net profit (TTM)Rs 194 Cr
Net profit (latest year)Rs 91 Cr
Net profit (latest quarter)Rs 174 Cr
Depreciation (TTM)Rs 25 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 43 Cr
Cost of goods sold (latest year)Rs 275 Cr
Total expenditure (latest year)Rs 349 Cr
Total income (latest year)Rs 553 Cr
Share capitalRs 35 Cr
ReservesRs 3,253 Cr
Shareholders' fundsRs 3,288 Cr
Total assetsRs 4,878 Cr
Net blockRs 580 Cr
Capital work in progressRs 819 Cr
InvestmentsRs 3,097 Cr
ReceivablesRs 15 Cr
InventoryRs 47 Cr
Other liabilitiesRs 639 Cr
Shares outstanding (crore)3.50
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 5.0 is at the 71th percentile of its own 8.2-year range (median 3.9, low 0.3, high 15.6).
P/B 0.30 is at the 45th percentile (median 0.33).
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.
PeriodDVLNifty 50Difference
1 week-5.1%-2.8% -2.4 pts
1 month-1.3%-6.8% +5.4 pts
3 months+16.3%-7.6% +24.0 pts
6 months+48.7%+0.4% +48.3 pts
1 year-24.1%-9.9% -14.1 pts
2 years-45.6%-13.6% -32.0 pts
3 years+4.1%+14.2% -10.1 pts
5 years+0.1%+27.9% -27.8 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -125% of net profit over the last 3 years
explainDebt up, profit down Borrowings up 146% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 100% vs sales -30% in 2026
lookProfit leans on other income Other income was 161% 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 2026
Sales ₹232 Cr +45.0% vs Jun 2025. Net profit ₹174 Cr +145.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-11Dividend - Rs 1.50 Per Share
2026-02-27Interim Dividend - Rs 3.50 Per Share
2025-08-01Dividend - Rs 5 Per Share
2024-08-14Annual General Meeting
2024-08-13Annual General Meeting/Dividend - Rs 5 Per Share
2023-09-13Annual General Meeting/Dividend - Rs 5 Per Share
2023-09-12Annual General Meeting/Dividend - Rs 3 Per Share
2022-08-24Annual General Meeting/Dividend - Rs 4 Per Share
2022-07-29Annual General Meeting/Dividend - Rs 4 Per Share
2021-08-05 Bonus 1:20.6667
2021-08-05 Annual General Meeting/Dividend - Rs 2.50 Per Share
2021-07-01 Annual General Meeting/Dividend - Rs 5 Per Share
2020-09-16 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-09-15 Annual General Meeting/Dividend - Rs 2.50 Per Share
2019-08-06 Annual General Meeting/Dividend - Rs 4 Per Share
2019-08-05 Annual General Meeting/Dividend - Rs 5 Per Share
2018-08-02 Annual General Meeting / Dividend- Rs 3.50 Per Share
2018-07-30 Annual General Meeting/Dividend- Rs 8 Per Share
2017-07-28 Annual General Meeting/Dividend - Rs 8/- Per Share
2017-07-28 Annual General Meeting/Dividend - Rs 2/- Per Share
2016-08-03 Annual General Meeting/Dividend Rs 8/- Per Share
2016-07-27 Annual General Meeting/Dividend Rs 4/- Per Share
2015-08-03Annual General Meeting/Dividend - Rs 7.50/- Per Share
2015-07-23Annual General Meeting/ Dividend - Rs 4/- Per Share
2014-09-18Scheme Of Arrangement
2014-07-30Annual General Meeting / Dividend - Rs 4.50/- Per Share
2013-07-17Annual General Meeting / Dividend Rs.4.50/- Per Equity Share
2012-07-18Annual General Meeting And Dividend Rs.4.50 Per Share
2011-07-20Annual General Meeting And Dividend Rs.4.50 Per Share
2010-08-20Annual General Meeting And Dividend Rs.4/- Per Share
2010-07-15Scheme Of Arrangement
2009-08-18Agm/Div-Rs.2.50 Per Share
2008-11-21Agm/Dividend - 20%
DateTypeWhat it says
2026-09-29Credit RatingCredit Rating
2026-08-20UpdatesRe-appointments of the Directors approved in the 110th AGM of the Company.
2026-08-20Shareholder meetingVoting results.
2026-08-18Shareholder meetingProceedings of the 110th Annual General Meeting held on August 18, 2026
2026-08-10Board meeting outcomeDhunseri Ventures Limited has submitted to the Exchange, the Un-audited Financial Results for the quarter ended Jun 30, 2026.
2026-07-31General UpdatesGeneral Updates
2026-07-27Shareholder meetingShareholders meeting
2026-06-29Disclosure under SEBI TakeovChandra Kumar Dhanuka has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substan...
2026-06-18General UpdatesGeneral Updates
2026-06-18General UpdatesGeneral Updates
2026-06-16Giving guarantees/indemnity/Giving guarantees/indemnity/ becoming a surety for third party
2026-05-26Record DateRecord date for the purpose of Dividend is 11-Aug-2026.
2026-05-26Board meeting outcomeDhunseri Ventures Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-26DividendBoard of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
2026-02-24General UpdatesCommunication to Members of the Company on Tax Deduction at Source (TDS) on Interim Dividend for the FY 2025-26
2026-02-20Record DateRecord date for the purpose of Interim Dividend is 27-Feb-2026.
2026-02-20DividendBoard of Directors at its meeting held on February 20, 2026, declared Interim Dividend of Rs. 3.5 per equity share.
2026-02-11Board meeting outcomeDhunseri Ventures Limited has submitted to the Exchange, the unaudited financial results for the period ended December 31, 2025.
2026-02-11Board meeting outcomeThe Board meeting held on February 11, 2026.
2025-12-01Shareholder meetingThe voting results.
2025-11-11Board meeting outcomeBoard meeting held on November 11, 2025.
2025-11-11Board meeting outcomeDhunseri Ventures Limited has submitted to the Exchange, the financial results for the quarter and half year ended September 30, 2025.
2025-10-30Shareholder meetingShareholders meeting
2025-10-29UpdatesDisclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 .
2025-10-29Sale or disposalSale or disposal
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 Dhunseri Ventures Ltd?

Dhunseri Ventures Ltd (DVL) has a market capitalisation of Rs 1,002 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dhunseri Ventures Ltd?

Dhunseri Ventures Ltd trades at a P/E of 5.25 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dhunseri Ventures Ltd's latest quarterly results?

In the Jun 2026 quarter, Dhunseri Ventures Ltd sales was Rs 232 Cr (+45.0% vs Jun 2025) and net profit was Rs 174 Cr.

What is the 52-week high and low of Dhunseri Ventures Ltd?

The 52-week high is Rs 375.90 and the 52-week low is Rs 186.99.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03