Dhanashree Electronics Ltd - Stock Valuation and Financial Performance

BSE: 542679 | NSE: | Electric Equipment | Small Cap

Dhanashree Electro. Share Price

62.32 -2.68 -4.12%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Dhanashree Electro.

M-Cap below 100cr DeciZen not available

Dhanashree Electronics stock performance -

mw4me loader
P/E Ratio (SA):
25.23
Market Cap:
88.4 Cr.
52-wk low:
48
52-wk high:
96.8

Is Dhanashree Electronics Ltd an attractive stock to invest in?

1. Is Dhanashree Electronics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Dhanashree Electronics Ltd is a below average quality company.

2. Is Dhanashree Electronics Ltd undervalued or overvalued?

The key valuation ratios of Dhanashree Electronics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Dhanashree Electronics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Dhanashree Electronics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Dhanashree Electro.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Dhanashree Electronics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 7.2%10.9%14.4%13%13.1%12.5%8.7%9.4%10.8%12.5%-
Value Creation
Index
-0.5-0.20.0-0.1-0.1-0.1-0.4-0.3-0.2-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 20.930.6345443.845.842.44849.482.483
Sales YoY Gr.-46.2%11.3%58.8%-18.8%4.5%-7.4%13.1%3%66.9%-
Adj EPS 0.11.11.31.71.81.91.21.422.82.5
YoY Gr.-900%17.3%34.1%2.9%5.6%-38.3%18.1%48.9%35.3%-
BVPS (₹) 13.414.514.516.21819.921.122.424.327.127.8
Adj Net
Profit
0.10.71.82.52.52.71.71.92.93.94
Cash Flow from Ops. -10.9-3.2-20.48.63.79.2-3.42.1-15.1-13-
Debt/CF from Ops. -1.6-7.7-1.84.611.34-12.922.6-3.5-4.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.5%13.5%24.8%66.9%
Adj EPS 43.1%9.2%33.5%35.3%
BVPS8.2%8.5%8.8%11.4%
Share Price - - 51.1% -34.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.87.912.111.310.49.95.76.38.710.79
Op. Profit
Mgn %
8.11119.914.819.918.815.215.8-11.54.79.9
Net Profit
Mgn %
0.42.45.44.65.85.83.94.15.94.74.2
Debt to
Equity
22.51.81.71.61.31.51.51.51.61.1
Working Cap
Days
306352474402535550657606630462243
Cash Conv.
Cycle
224227347309427408482487488297157

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.00%

Sales growth is growing at healthy rate in last 3 years 24.79%

Net Profit is growing at healthy rate in last 3 years 33.50%

Debt to equity has declined versus last 3 years average to 1.63

Sales growth is good in last 4 quarters at 63.11%

No data to display

Latest Financials - Dhanashree Electronics Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 -
TTM Sales (₹ Cr.) 83.3 -
BVPS (₹.) 27.8 -
Reserves (₹ Cr.) 25 -
P/BV 2.24 -
PE 25.23 -
From the Market
52 Week Low / High (₹) 48.03 / 96.83
All Time Low / High (₹) 11.35 / 104.90
Market Cap (₹ Cr.) 88.4
Equity (₹ Cr.) 14.2
Face Value (₹) 10
Industry PE 91.8

Management X-Ray of Dhanashree Electro.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Dhanashree Electro.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales20.8930.5533.9953.9643.8345.8142.4247.9649.3882.43
Operating Expenses 19.2027.2027.2345.9835.1237.2235.9740.4155.3378.57
Manufacturing Costs0.200.160.602.581.722.902.903.433.213.39
Material Costs16.1422.5120.1637.6827.5529.5127.6430.8941.1968.16
Employee Cost 1.172.452.452.392.712.501.962.162.522.84
Other Costs 1.692.084.013.343.142.313.473.938.414.18
Operating Profit 1.693.366.767.988.728.596.457.55-5.963.86
Operating Profit Margin (%) 8.1%11.0%19.9%14.8%19.9%18.8%15.2%15.8%-12.1%4.7%
Other Income 0.220.250.160.170.120.090.120.1115.338.51
Interest 1.172.234.104.475.345.104.064.595.276.43
Depreciation 0.410.300.350.380.370.410.490.430.460.61
Exceptional Items 0000000000
Profit Before Tax 0.341.082.473.303.133.172.022.643.665.32
Tax 0.260.340.630.830.600.510.360.670.971.41
Profit After Tax 0.070.741.842.462.522.661.671.972.693.91
PAT Margin (%) 0.4%2.4%5.4%4.6%5.8%5.8%3.9%4.1%5.4%4.7%
Adjusted EPS (₹)0.11.11.31.71.81.91.21.41.92.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 8.969.7020.542325.5428.2029.8731.8434.5338.45
Share Capital 6.696.6914.1914.1914.1914.1914.1914.1914.1914.19
Reserves 2.273.016.358.8111.3514.0115.6817.6520.3424.26
Minority Interest0000000000
Debt17.8624.1836.9239.5341.6236.9144.5446.9952.1262.70
Long Term Debt016.3031.4727.8828.9723.5330.9829.2833.8543.54
Short Term Debt17.867.885.4511.6512.6513.3813.5617.7218.2619.16
Trade Payables0.227.104.236.872.8712.7710.044.467.2116.88
Others Liabilities 2.552.743.363.143.713.633.684.453.675.60
Total Liabilities 29.5943.7265.0472.5473.7581.5288.1387.7497.53123.63

Fixed Assets

Gross Block6.978.224.819.029.2810.1710.4710.4212.8613.05
Accumulated Depreciation44.190.354.865.245.656.146.476.937.56
Net Fixed Assets2.974.034.464.164.054.524.333.955.935.49
CWIP 3.313.673.953.953.953.313.312.2200
Investments 0.090.090.090.090.090.090.090.090.090.09
Inventories8.561320.3929.2333.3038.8243.8447.5847.2353.70
Trade Receivables9.3316.2828.7726.2324.3827.4728.9025.0223.6734.06
Cash Equivalents 0.090.071.020.990.600.620.641.910.670.14
Others Assets5.246.586.367.897.406.697.016.9819.9430.15
Total Assets 29.5943.7265.0472.5473.7581.5288.1387.7497.53123.63

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -10.92-3.15-20.408.633.709.18-3.442.08-15.06-12.97
PBT 0.341.082.473.303.133.172.022.643.665.32
Adjustment 1.151.854.174.625.505.214.394.67-9.86-1.36
Changes in Working Capital -12.41-6.08-27.030.72-4.321.42-9.47-4.53-7.89-15.53
Tax Paid 0000-0.62-0.62-0.39-0.70-0.97-1.41
Cash Flow From Investing Activity -0.07-1.58-1.10-0.640.150.36-0.381.2113.747.80
Capex -0.27-1.78-1.06-0.07-0.26-0.25-0.301.04-0.21-0.17
Net Investments 0000000000
Others 0.200.20-0.04-0.570.410.61-0.080.1713.957.97
Cash Flow From Financing Activity 10.994.7220.18-8.02-4.24-9.523.85-2.020.074.64
Net Proceeds from Shares 0090000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.85-1.60-3.93-4.33-5.22-4.87-3.93-4.28-4.96-6.12
Dividend Paid 0000000000
Others 11.836.3215.11-3.690.98-4.667.772.265.0310.76
Net Cash Flow -0.01-0.02-1.32-0.03-0.390.020.021.27-1.25-0.53
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.847.9112.1511.3110.399.95.746.388.110.72
ROCE (%)7.2110.914.3812.9513.0512.518.729.4410.7812.52
Asset Turnover Ratio0.870.830.650.780.60.590.50.550.530.75
PAT to CFO Conversion(x)-156-4.26-11.093.511.473.45-2.061.06-5.6-3.32
Working Capital Days
Receivable Days123153234186211207243205180128
Inventory Days105129173168260287356348350223
Payable Days659103546597151865265

Dhanashree Electronics Ltd Stock News

Dhanashree Electronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Dhanashree Electro. on 20-Dec-2024 16:59 is ₹62.32.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Dhanashree Electro. stood at ₹88.43.
The latest P/E ratio of Dhanashree Electro. as of 20-Dec-2024 16:59 is 25.23.
The latest P/B ratio of Dhanashree Electro. as of 20-Dec-2024 16:59 is 2.24.
The 52-week high of Dhanashree Electro. is ₹96.83 and the 52-week low is ₹48.03.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dhanashree Electro. is ₹83.32 ( Cr.) .

About Dhanashree Electronics Ltd

Dhanashree Electronics Ltd is engaged in the manufacture of Rashmi / LTS brand chokes, patty, industrial and decorative fittings, etc. The products are manufactured under strict control. The maintained quality of the product has the ready market acceptability and reputed for its standard over four decades. Constant effort are always given to maintain the quality of the products and to improve the product through new innovations in the technology in order to give the latest technological development to the end user at affordable price.

This establishment is registered with the small scale industries and enjoying the status of SSI. Apart from this it is also registered with NSIC. Recently due to their maintained quality the establishment has got ISI for their 40W Copper Ballast.

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