Is Dhatre Udyog a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dhatre Udyog Ltd is a average quality company .

Is Dhatre Udyog undervalued or overvalued?

The key valuation ratios of Dhatre Udyog Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Dhatre Udyog share price return in the past 10 years?

Data is not available for this company

Is Dhatre Udyog a good buy now?

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

Dhatre Udyog Ltd - Stock Valuation and Financial Performance

Name: Dhatre Udyog
Brand: Dhatre Udyog

BSE: 540080 | NSE: | Steel & Iron Products | Small Cap

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Dhatre Udyog Share Price

₹10.92 -0.29 -2.59%
as on 30-Dec'24 16:59

10 Year X-Ray of Dhatre Udyog:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	12.6%	12.4%	14.7%	13.3%	12.1%	-12.1%	-26%	96.4%	16.4%	23.5%	-
Value Creation Index ⓘ	-0.1	-0.1	0.1	-0.1	-0.1	-1.9	NA	5.9	0.2	0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	596	503	774	778	752	359	77.9	11.6	107	208	216
Sales YoY Gr.	-	-15.6%	54%	0.4%	-3.3%	-52.3%	-78.3%	-85.1%	821.7%	94%	-
Adj EPS ⓘ	0.2	0.3	0.2	0.2	0.2	-2.8	-5.1	-133.1	0.6	1	0.8
YoY Gr.	-	38.9%	-24%	10.5%	-4.8%	-1515%	NA	NA	NA	65.6%	-
BVPS (₹) ⓘ	3.4	3.5	3.6	3.7	3.9	1	-3.9	71.8	5.6	6.5	6.5
Adj Net Profit ⓘ	1.3	1.9	2.1	2.3	2.2	-30.9	-55.9	-72.6	6.7	11	8
Cash Flow from Ops. ⓘ	12.2	6.5	-10.5	7.3	18.2	-103	31.4	0.1	-2.3	21.8	-
Debt/CF from Ops. ⓘ	6.7	13.1	-10.2	15.7	6.7	-2.3	6.5	27.5	-0.5	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-11.1%	-22.7%	38.7%	94%
Adj EPS ⓘ	21.1%	38.3%	NA	65.6%
BVPSⓘ	7.5%	10.8%	NA	15.4%
Share Price	-	21.5%	107.1%	-45.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	5.5	7.3	6.5	5.8	5.3	-116.3	356.6	-1958.6	12.1	16.7	11.6
Op. Profit Mgn % ⓘ	1.7	2.7	2.4	2.5	2.3	-7.4	-73.3	7	6.6	2.2	2.4
Net Profit Mgn % ⓘ	0.2	0.4	0.3	0.3	0.3	-8.6	-71.7	-624.7	6.2	5.3	3.8
Debt to Equity ⓘ	3.3	3.3	2.8	2.9	2.9	22	-4.8	0.1	0	0	0
Working Cap Days ⓘ	89	103	83	87	112	227	768	2,584	145	85	47
Cash Conv. Cycle ⓘ	43	55	43	33	52	153	689	2,215	130	72	42

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.60%

Sales growth is growing at healthy rate in last 3 years 38.66%

Sales growth is good in last 4 quarters at 28.01%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Dhatre Udyog Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.8	0.8
TTM Sales (₹ Cr.)	216	216
BVPS (₹.) ⓘ	6.5	6.5
Reserves (₹ Cr.) ⓘ	59	59
P/BV ⓘ	1.69	1.69
PE ⓘ	14.47	14.48

From the Market
52 Week Low / High (₹)	10.11 / 27.05
All Time Low / High (₹)	0.70 / 31.73
Market Cap (₹ Cr.)	119
Equity (₹ Cr.)	10.9
Face Value (₹)	1
Industry PE ⓘ	21.6

Management X-Ray of Dhatre Udyog:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Dhatre Udyog

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Dhatre Udyog

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	596	503	774	777	752	359	78	12	107	208
Operating Expenses ⓘ	586	490	756	758	735	386	135	11	100	203
Manufacturing Costs	0	7	6	6	9	7	7	7	6	5
Material Costs	577	474	738	734	706	345	71	0	90	191
Employee Cost	2	2	2	2	4	4	5	3	4	4
Other Costs ⓘ	8	7	9	16	17	30	52	0	1	3
Operating Profit ⓘ	10	13	18	19	17	-27	-57	1	7	5
Operating Profit Margin (%)	1.7%	2.6%	2.4%	2.4%	2.3%	-7.6%	-73.3%	7.0%	6.6%	2.2%
Other Income ⓘ	4	1	1	3	3	4	5	0	3	12
Interest ⓘ	11	12	16	17	16	23	27	0	0	0
Depreciation ⓘ	1	1	1	1	1	2	1	1	1	1
Exceptional Items ⓘ	0	0	0	-1	0	0	0	102	0	0
Profit Before Tax ⓘ	2	2	3	3	3	-48	-80	102	9	16
Tax ⓘ	1	1	1	1	1	-17	-27	36	3	4
Profit After Tax	1	1	2	2	2	-31	-53	67	7	11
PAT Margin (%)	0.2%	0.2%	0.3%	0.2%	0.3%	-8.7%	-68.1%	574.6%	6.2%	5.4%
Adjusted EPS (₹)	0.2	0.2	0.2	0.2	0.2	-2.9	-4.9	122.4	0.6	1.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	25	26	39	40	42	11	-42	39	61	70
Share Capital ⓘ	7	7	11	11	11	11	11	1	11	11
Reserves ⓘ	17	18	28	29	31	0	-53	39	50	60
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	81	85	107	115	121	237	203	3	1	0
Long Term Debt	14	14	14	10	16	17	1	3	1	0
Short Term Debt	67	71	93	105	105	220	201	0	0	0
Trade Payables	59	53	95	90	119	4	2	0	0	5
Others Liabilities ⓘ	8	9	5	11	14	-9	-19	4	-4	1
Total Liabilities ⓘ	173	172	245	255	296	243	143	46	59	76
Fixed Assets
Gross Block	14	15	17	18	21	25	21	13	14	14
Accumulated Depreciation	4	5	5	1	1	3	6	4	5	5
Net Fixed Assetsⓘ	10	11	12	17	19	22	15	9	9	9
CWIP ⓘ	0	0	0	1	2	0	0	0	0	0
Investmentsⓘ	2	2	3	3	3	2	0	0	0	18
Inventories	51	38	57	20	18	13	2	2	7	5
Trade Receivables	84	101	137	176	216	175	110	30	38	36
Cash Equivalents	15	14	20	18	26	19	0	0	1	1
Others Assetsⓘ	10	6	16	20	12	12	16	5	4	6
Total Assets ⓘ	173	172	245	255	296	243	143	46	59	76

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	12	6	-11	7	18	-103	31	0	-2	22
PBT ⓘ	2	2	3	3	3	-48	-80	102	9	16
Adjustment ⓘ	11	11	15	17	14	37	66	-102	1	-9
Changes in Working Capital ⓘ	0	-6	-28	-12	2	-92	45	0	-12	15
Tax Paid ⓘ	-1	-1	-1	0	-2	-1	0	0	0	0
Cash Flow From Investing Activity ⓘ	-2	2	-4	-4	-11	9	31	0	0	-20
Capex	-1	-1	0	-6	-4	-1	9	0	-1	0
Net Investments	-2	2	-5	0	-9	6	21	0	0	-20
Others ⓘ	0	1	1	3	3	4	0	0	0	0
Cash Flow From Financing Activityⓘ	-15	-7	17	-5	-8	93	-63	1	3	-1
Net Proceeds from Shares ⓘ	0	0	12	0	0	0	0	10	0	0
Net Proceeds from Borrowing ⓘ	-2	0	-1	0	0	0	-36	17	0	0
Interest Paid ⓘ	-11	-11	-15	-18	-16	-23	-27	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-2	4	22	13	8	116	0	-27	3	-1
Net Cash Flow ⓘ	-5	1	3	-1	0	-2	0	1	0	1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	5.76	4.87	6.49	4.5	5.33	-118.09	N/A	0	13.34	17
ROCE (%)	12.6	12.4	14.65	13.34	12.07	-12.08	N/A	96.35	16.35	23.48
Asset Turnover Ratio	3.43	2.97	3.76	3.56	2.73	1.33	0.4	0.12	2.04	3.08
PAT to CFO Conversion(x)	12	6	-5.5	3.5	9	N/A	N/A	0	-0.29	2
Working Capital Days
Receivable Days	53	66	55	64	95	199	668	2,207	116	65
Inventory Days	29	32	22	16	9	16	35	47	15	11
Payable Days	39	43	36	46	54	65	15	0	1	5

Dhatre Udyog Ltd Stock News

Dhatre Udyog Ltd FAQs

What is the share price of Dhatre Udyog?

Company share prices are keep on changing according to the market conditions. The closing price of Dhatre Udyog on 30-Dec-2024 16:59 is ₹10.92.

What is the market cap of Dhatre Udyog?

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 30-Dec-2024 16:59 the market cap of Dhatre Udyog stood at ₹119.0.

What is the P/E ratio of Dhatre Udyog?

The latest P/E ratio of Dhatre Udyog as of 30-Dec-2024 16:59 is 14.47.

What is the P/B ratio of Dhatre Udyog?

The latest P/B ratio of Dhatre Udyog as of 30-Dec-2024 16:59 is 1.69.

What is the 52-week high and low of Dhatre Udyog?

The 52-week high of Dhatre Udyog is ₹27.05 and the 52-week low is ₹10.11.

What is the TTM revenue of Dhatre Udyog?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dhatre Udyog is ₹215.6 ( Cr.) .

About Dhatre Udyog Ltd

Incorporated in 1995, the company Narayani Steels, promoted by Shri Sunil Choudhary, started its operations with acquisition of a steel rolling plant in Vizianagaram. The company further acquired its second plant in 2012. The company strengthened its roots in Vishakhapatnam steel industry by expanding its business operations on a wide scale over the years. This fact is evidenced by increase in its business turnover from over Rs 200 crore in Financial Year 2011 to over Rs 500 crore in Financial Year 2016.

Currently, the company operates from two manufacturing units, both of which are situated in Vizianagaram district; one being used for production of angles, flats, channels, rounds, etc while the second unit is used for production of TMT Bars. The company procures billets and blooms from Rashtriya Ispat Nigam Limited (RINL), a Government of India undertaking which is renowned for its superior quality steel products.

The company provides TMT Bars as per approved industrial standards, and ensures that all its products have the appropriate content of various chemical compositions. Further, the company has an in-house testing facility for testing chemical composition of its products. With a goal to maintain standards in terms of quality and customer satisfaction, it is committed to satisfy customer compliance by supplying Narayani TMT Rebars as per the prescribed quality controls by government. The company has developed a wide network for the sales and distribution of its products across Andhra Pradesh, Telangana and other states in India.

Business area of the company

The company is engaged in trading and manufacturing of hot rolled long products of value added steel. The company primarily trade in blooms, billets, TMT bars, pellets, etc and also manufacture TMT bars and other long products such as rounds, flats, angles, channels, etc.