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Dhanashree Electronics Ltd (542679)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 542679 NSE: Electric Equipment | Small Cap | Dhanashree Electro. Share Price

₹178 12.95 (7.85%)

As on 05-Jun'26 16:59

Dhanashree Electronics Ltd (542679)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 542679 NSE: Electric Equipment | Small Cap | Dhanashree Electro. Share Price

₹178 12.95 (7.85%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹234 Cr.
Current Price
₹178
52-Week Low / High
₹130 / 438
TTM EPS
₹2.6
TTM Sales
₹112 Cr.
Book Value per Share
₹31.7
P/E Ratio
63.54
Higher than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
5.20
Higher than its 5-year historical median
Price to Sales (P/S)
2.10
Higher than its 5-year historical median
EV/EBITDA
21.61
Higher than its 5-year historical median
Dividend Yield
0.15%
Profitability Efficiency
Return on Equity (ROE)
8.62%
Underperforms industry median
Return on Capital Employed (ROCE)
11.77%
Underperforms industry median
Return on Assets (ROA)
2.59%
Operating Profit Margin
-0.1%
Net Profit Margin
3.52%
Gross Profit Margin
5.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
19.36%
Operating Profit Growth (1 Year)
-
-104.15%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-11.51%
Asset Quality
Promoter Holding
74.59%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹31 Cr.
Equity
₹14.2 Cr.
Face Value
₹10
All Time Low / High
₹11.35 / 438.15

Dhanashree Electronics stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Dhanashree Electronics Ltd a good quality company?
Dhanashree Electronics Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Dhanashree Electronics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Dhanashree Electronics Ltd vs industry peers?
Dhanashree Electronics Ltd revenue CAGR is 16.52%, compared to the industry median CAGR of 13.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Dhanashree Electronics Ltd?
Promoters hold 74.59% of the Dhanashree Electronics Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Dhanashree Electronics Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 62.31% based on the current price.

10 Year X-Ray :

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.9%14.4%13%13.1%12.5%8.7%9.4%10.8%12.5%11.8%-
Value Creation
Index
-0.20.0-0.1-0.1-0.1-0.4-0.3-0.2-0.1-0.2-

Growth Parameters

Sales 30.6345443.845.842.44849.482.498.4112
Sales YoY Gr.-11.3%58.8%-18.8%4.5%-7.4%13.1%3%66.9%19.4%-
Adj EPS 1.11.31.71.81.91.21.422.82.52.6
YoY Gr.-17.3%34.1%2.9%5.6%-38.3%18.1%48.9%35.3%-10.9%-
BVPS (₹) 14.514.516.21819.921.122.424.327.129.531.7
Adj Net
Profit
0.71.82.52.52.71.71.92.93.93.54
Cash Flow from Ops. -3.2-20.48.63.79.2-3.42.1-15.1-13-6.8-
Debt/CF from Ops. -7.7-1.84.611.34-12.922.6-3.5-4.8-9.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 13.9%16.5%27.1%19.4%
Adj EPS 9.4%5.5%21.6%-10.9%
BVPS8.2%8.3%9.6%9%
Share Price - 65.9% 100.3% 23.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.912.111.310.49.95.76.38.710.78.78.5
Op. Profit
Mgn %
1119.914.819.918.815.215.8-11.54.7-0.1-0.1
Net Profit
Mgn %
2.45.44.65.85.83.94.15.94.73.63.3
Debt to
Equity
2.51.81.71.61.31.51.51.51.61.50.8
Working Cap
Days
352474402535550657606630462475211
Cash Conv.
Cycle
227347309427408482487488297226130

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales31345444464248498298
Operating Expenses + 27274635373640557999
Manufacturing Costs0132333334
Material Costs23203828302831416888
Employee Cost 2223222333
Other Costs 2433234843
Operating Profit 3789968-64-0
Operating Profit Margin (%) 11.0%19.9%14.8%19.9%18.8%15.2%15.8%-12.1%4.7%-0.2%
Other Income + 000000015913
Exceptional Items 0000000000
Interest 2445545567
Depreciation 0000000011
Profit Before Tax 1233323455
Tax 0111101111
Profit After Tax 1223322343
PAT Margin (%) 2.4%5.4%4.6%5.8%5.8%3.9%4.1%5.5%4.8%3.5%
Adjusted EPS (₹)1.11.31.71.81.91.21.41.92.82.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%4.10%

Valuation of Dhanashree Electro. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 10212326283032353842
Share Capital 7141414141414141414
Reserves 36911141618202428
Debt +24374042374547526364
Long Term Debt16312829243129344444
Short Term Debt851213131418181920
Minority Interest0000000000
Trade Payables74731310471733
Others Liabilities 3334444465
Total Liabilities 4465737482888898124144

Fixed Assets

Net Fixed Assets +4444544655
Gross Block8599101010131313
Accumulated Depreciation4055666788
CWIP 4444332000
Investments 0000000000
Inventories13202933394448475453
Trade Receivables16292624272925243453
Cash Equivalents 0111112101
Others Assets 7687777203032
Total Assets 4465737482888898124144

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -3-20949-32-15-13-7
PBT 1233323455
Adjustment 2456545-10-1-5
Changes in Working Capital -6-271-41-9-5-8-16-5
Tax Paid 000-1-1-0-1-1-1-1
Cash Flow From Investing Activity + -2-1-100-0114813
Capex -2-1-0-0-0-01-0-0-0
Net Investments 0000000000
Others 0-0-101-0014813
Cash Flow From Financing Activity + 520-8-4-104-205-6
Net Proceeds from Shares 0900000000
Net Proceeds from Borrowing 0000000000
Interest Paid -2-4-4-5-5-4-4-5-6-6
Dividend Paid 0000000000
Others 615-41-5825111
Net Cash Flow -0-1-0-0001-1-11

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.9112.1511.3110.399.95.746.388.110.728.62
ROCE (%)10.914.3812.9513.0512.518.729.4410.7812.5211.77
Asset Turnover Ratio0.830.650.780.60.590.50.550.530.750.74
PAT to CFO Conversion(x)-3-104.51.333-1.51-5-3.25-2.33
Working Capital Days
Receivable Days153233.90186210.70206.60242.50205.20180127.80161.40
Inventory Days128.80173.40167.90260.40287.30355.60347.90350.40223.50197.90
Payable Days59.30102.5053.8064.6096.80150.6085.7051.7064.50104.10

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dhanashree Electronics Ltd FAQs

The current trading price of Dhanashree Electro. on 05-Jun-2026 16:59 is ₹178.0.

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 04-Jun-2026 the market cap of Dhanashree Electro. stood at ₹234.2 Cr

The latest P/E ratio of Dhanashree Electro. as of 04-Jun-2026 is 63.54.

The latest P/B ratio of Dhanashree Electro. as of 04-Jun-2026 is 5.20.

The 52-week high of Dhanashree Electro. is ₹438.1 and the 52-week low is ₹129.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dhanashree Electro. is ₹112 ( Cr.) .

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

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

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.

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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