Analyst Summary
Dhanada Corporation Ltd operates in the Industry not found segment, NSE: DHANADACO | BSE: 531198, current market price is ₹2.30, market cap is 12.9 Cr.. At a glance, ROE is 331 %, ROCE is 4.35 %, book value is 0.67, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹17.37, which is about 655.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹5 Cr versus the prior period change of 66.0%, while latest net profit is about ₹-6 Cr with a prior-period change of -6.3%. The 52-week range shown on this page is /, which helps frame where the current quote sits within its recent trading band. Business context: Dhanada Corporation Ltd: Share Price Intrinsic Value and Fundamental AnalysisDhanada Corporation Ltd. is a Public Limited Listed company incorporated on 14/07/1986 and has its registered office in the State of Maharashtra, India. Company’s…
This summary is generated from the stock page data available for Dhanada Corporation Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.
Investment Snapshot
Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.
Share Price and Basic Stock Data
Last Updated: March 5, 2025, 8:15 pm
| PEG Ratio | 0.00 |
|---|
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gujarat Metallic Coal & Coke Ltd | 5.94 Cr. | 30.0 | / | 77.6 | 0.00 % | 0.37 % | 2.00 % | 100 | |
| Gensol Engineering Ltd | 93.7 Cr. | 24.4 | 86.5/18.0 | 0.91 | 155 | 0.00 % | 14.3 % | 22.4 % | 10.0 |
| Fusion Micro Finance Ltd | 2,854 Cr. | 177 | 212/136 | 118 | 0.00 % | 2.96 % | 54.5 % | 10.0 | |
| Five X Tradecom Ltd | 0.99 Cr. | 0.48 | / | 9.35 | 0.00 % | 0.00 % | 0.00 % | 10.0 | |
| East West Holdings Ltd | 39.6 Cr. | 3.10 | 7.05/1.85 | 4.93 | 0.00 % | 6.98 % | 0.86 % | 2.00 | |
| Industry Average | 9,520.91 Cr | 217.39 | 186.89 | 219.59 | 0.27% | 11.38% | 22.33% | 9.00 |
Quarterly Result
| Metric | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.09 | 3.01 | 2.14 | 0.21 | 0.51 | 1.30 | 0.91 | 0.25 | 1.07 | 2.00 | 1.56 | 2.29 | 2.01 |
| Expenses | 1.85 | 2.21 | 2.49 | 0.76 | 0.68 | 0.96 | 1.70 | 0.80 | 1.50 | 1.54 | 2.04 | 2.13 | 1.71 |
| Operating Profit | 0.24 | 0.80 | -0.35 | -0.55 | -0.17 | 0.34 | -0.79 | -0.55 | -0.43 | 0.46 | -0.48 | 0.16 | 0.30 |
| OPM % | 11.48% | 26.58% | -16.36% | -261.90% | -33.33% | 26.15% | -86.81% | -220.00% | -40.19% | 23.00% | -30.77% | 6.99% | 14.93% |
| Other Income | 0.01 | 0.01 | 0.04 | 0.01 | 0.01 | 0.01 | 0.04 | 0.02 | 0.02 | 0.01 | 0.09 | 0.01 | 0.02 |
| Interest | 0.87 | 0.91 | 0.93 | 0.97 | 1.01 | 1.05 | 1.07 | 1.12 | 1.18 | 1.22 | 1.24 | 1.30 | 1.37 |
| Depreciation | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.17 |
| Profit before tax | -0.81 | -0.29 | -1.42 | -1.69 | -1.35 | -0.88 | -1.99 | -1.82 | -1.76 | -0.92 | -1.79 | -1.29 | -1.22 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.81 | -0.29 | -1.42 | -1.69 | -1.35 | -0.88 | -1.99 | -1.81 | -1.76 | -0.92 | -1.79 | -1.29 | -1.22 |
| EPS in Rs | -0.14 | -0.05 | -0.25 | -0.30 | -0.24 | -0.16 | -0.36 | -0.32 | -0.31 | -0.16 | -0.32 | -0.23 | -0.22 |
Last Updated: Unknown
Profit & Loss - Annual Report
Last Updated: Unknown
| Metric | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.70 | 8.50 | 9.00 | 8.45 | 8.62 | 8.53 | 8.83 | 10.93 | 11.22 | 9.28 | 2.94 | 4.88 | 7.86 |
| Expenses | 4.52 | 6.51 | 5.88 | 6.04 | 6.57 | 6.42 | 7.51 | 9.01 | 8.96 | 8.35 | 4.11 | 5.83 | 7.42 |
| Operating Profit | 2.18 | 1.99 | 3.12 | 2.41 | 2.05 | 2.11 | 1.32 | 1.92 | 2.26 | 0.93 | -1.17 | -0.95 | 0.44 |
| OPM % | 32.54% | 23.41% | 34.67% | 28.52% | 23.78% | 24.74% | 14.95% | 17.57% | 20.14% | 10.02% | -39.80% | -19.47% | 5.60% |
| Other Income | 0.10 | -0.48 | 0.37 | 0.85 | -4.04 | -2.16 | -0.93 | -1.02 | 0.16 | 0.09 | 0.08 | 0.14 | 0.13 |
| Interest | 1.55 | 1.54 | 1.69 | 1.80 | 1.80 | 1.96 | 2.20 | 2.69 | 3.09 | 3.59 | 4.12 | 4.80 | 5.13 |
| Depreciation | 1.26 | 1.28 | 1.33 | 1.34 | 2.09 | 2.09 | 1.73 | 1.20 | 0.98 | 0.76 | 0.70 | 0.67 | 0.66 |
| Profit before tax | -0.53 | -1.31 | 0.47 | 0.12 | -5.88 | -4.10 | -3.54 | -2.99 | -1.65 | -3.33 | -5.91 | -6.28 | -5.22 |
| Tax % | 0.00% | 0.00% | 0.00% | 16.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | -0.53 | -1.30 | 0.47 | 0.10 | -5.88 | -4.11 | -3.54 | -2.99 | -1.65 | -3.33 | -5.91 | -6.28 | -5.22 |
| EPS in Rs | -0.11 | -0.26 | 0.08 | 0.02 | -1.05 | -0.73 | -0.63 | -0.53 | -0.29 | -0.60 | -1.06 | -1.12 | -0.93 |
| 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% |
Growth
Last Updated: September 5, 2025, 3:11 pm
Balance Sheet
Last Updated: July 25, 2025, 1:27 pm
| Month | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.91 | 5.05 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 |
| Reserves | 19.33 | 19.32 | 27.37 | 27.46 | 21.24 | 16.89 | 13.34 | 10.35 | 8.69 | 5.37 | -0.54 | -6.85 | -9.35 |
| Borrowings | 14.79 | 16.44 | 11.95 | 12.63 | 13.20 | 14.85 | 16.38 | 18.97 | 22.06 | 25.61 | 29.71 | 34.48 | 37.15 |
| Other Liabilities | 2.86 | 2.62 | 2.91 | 2.31 | 1.77 | 1.90 | 2.01 | 1.98 | 2.00 | 2.21 | 2.91 | 2.89 | 3.67 |
| Total Liabilities | 41.89 | 43.43 | 47.82 | 47.99 | 41.80 | 39.23 | 37.32 | 36.89 | 38.34 | 38.78 | 37.67 | 36.11 | 37.06 |
| Fixed Assets | 35.17 | 34.71 | 33.52 | 32.26 | 30.03 | 28.00 | 26.37 | 25.34 | 24.42 | 23.68 | 22.98 | 22.32 | 22.01 |
| CWIP | 0.67 | 0.05 | 0.22 | 0.63 | 0.90 | 1.68 | 1.81 | 1.81 | 1.81 | 1.81 | 1.81 | 1.88 | 1.88 |
| Investments | 3.22 | 5.18 | 5.18 | 5.24 | 4.42 | 2.21 | 1.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 2.83 | 3.49 | 8.90 | 9.86 | 6.45 | 7.34 | 8.03 | 9.74 | 12.11 | 13.29 | 12.88 | 11.91 | 13.17 |
| Total Assets | 41.89 | 43.43 | 47.82 | 47.99 | 41.80 | 39.23 | 37.32 | 36.89 | 38.34 | 38.78 | 37.67 | 36.11 | 37.06 |
Cash Flow
| Month | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -12.61 | -14.45 | -8.83 | -10.22 | -11.15 | -12.74 | -15.06 | -17.05 | -19.80 | -24.68 | -30.88 | -35.43 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 33.23 | 30.49 | 32.04 | 27.21 | 28.37 | 43.22 | 37.62 | 28.05 | 52.38 | 62.14 | 114.22 | 74.05 |
| Inventory Days | 23.23 | 19.73 | 24.89 | 33.18 | 31.87 | 28.08 | 23.55 | 29.80 | ||||
| Days Payable | 527.59 | 332.12 | 273.75 | 250.37 | 185.40 | 152.86 | 176.61 | 136.56 | ||||
| Cash Conversion Cycle | -471.13 | -281.90 | -216.82 | -189.98 | -125.16 | -81.57 | -115.45 | -78.72 | 52.38 | 62.14 | 114.22 | 74.05 |
| Working Capital Days | -283.83 | -195.81 | -204.81 | -216.84 | -406.92 | -493.37 | -608.06 | -638.83 | -625.90 | -844.46 | -3,682.28 | -2,412.14 |
| ROCE % | 2.65% | 2.20% | 5.11% | 4.26% | 0.75% | 0.18% | -0.41% | 2.28% | 4.04% | 0.71% | -5.02% | -4.35% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | -0.62 | -0.52 | -0.53 | -0.34 | -0.20 |
| Diluted EPS (Rs.) | -0.62 | -0.52 | -0.53 | -0.34 | -0.20 |
| Cash EPS (Rs.) | -0.26 | -0.08 | -0.08 | -0.12 | 0.04 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 3.35 | 4.05 | 4.80 | 5.79 | 5.90 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 3.35 | 4.05 | 4.80 | 5.79 | 5.90 |
| Revenue From Operations / Share (Rs.) | 1.58 | 1.53 | 1.55 | 1.62 | 1.99 |
| PBDIT / Share (Rs.) | 0.26 | 0.37 | 0.30 | 0.27 | 0.31 |
| PBIT / Share (Rs.) | -0.11 | -0.08 | -0.16 | -0.07 | -0.04 |
| PBT / Share (Rs.) | -0.63 | -0.53 | -0.57 | -0.47 | -0.43 |
| Net Profit / Share (Rs.) | -0.63 | -0.53 | -0.55 | -0.47 | -0.31 |
| NP After MI And SOA / Share (Rs.) | -0.61 | -0.51 | -0.52 | -0.33 | -0.20 |
| PBDIT Margin (%) | 16.70 | 24.53 | 19.69 | 17.04 | 15.86 |
| PBIT Margin (%) | -7.19 | -5.32 | -10.69 | -4.46 | -2.15 |
| PBT Margin (%) | -40.48 | -35.30 | -36.80 | -29.19 | -21.96 |
| Net Profit Margin (%) | -40.45 | -35.25 | -35.79 | -29.39 | -15.69 |
| NP After MI And SOA Margin (%) | -39.10 | -33.90 | -33.93 | -20.86 | -10.10 |
| Return on Networth / Equity (%) | -18.42 | -12.78 | -10.96 | -5.84 | -3.41 |
| Return on Capital Employeed (%) | -3.03 | -1.72 | -2.94 | -1.05 | -0.59 |
| Return On Assets (%) | -7.73 | -6.30 | -6.14 | -3.54 | -2.13 |
| Long Term Debt / Equity (X) | 0.08 | 0.13 | 0.14 | 0.16 | 0.21 |
| Total Debt / Equity (X) | 1.18 | 0.87 | 0.65 | 0.50 | 0.46 |
| Asset Turnover Ratio (%) | 0.21 | 0.19 | 0.18 | 0.16 | 0.18 |
| Current Ratio (X) | 0.16 | 0.13 | 0.10 | 0.14 | 0.19 |
| Quick Ratio (X) | 0.15 | 0.12 | 0.09 | 0.12 | 0.17 |
| Interest Coverage Ratio (X) | 0.50 | 0.81 | 0.75 | 0.69 | 0.80 |
| Interest Coverage Ratio (Post Tax) (X) | -0.21 | -0.17 | -0.36 | -0.18 | 0.20 |
| Enterprise Value (Cr.) | 45.75 | 53.35 | 50.60 | 46.88 | 87.63 |
| EV / Net Operating Revenue (X) | 5.18 | 6.25 | 5.84 | 5.17 | 7.87 |
| EV / EBITDA (X) | 31.02 | 25.48 | 29.63 | 30.31 | 49.59 |
| MarketCap / Net Operating Revenue (X) | 2.86 | 4.00 | 3.87 | 3.42 | 6.56 |
| Price / BV (X) | 1.35 | 1.51 | 1.25 | 0.95 | 2.21 |
| Price / Net Operating Revenue (X) | 2.86 | 4.00 | 3.87 | 3.42 | 6.56 |
| EarningsYield | -0.13 | -0.08 | -0.08 | -0.06 | -0.01 |
Dhanada Corporation Ltd: Share Price Intrinsic Value and Fundamental Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Hotels, Resorts & Restaurants | 5B/14, Laxminarayan Nagar, S. No. 11/12, Part Erandawane, Pune Maharashtra 411004 | dhanada@dhanadacorp.com http://www.dhanadacorp.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ramesh Havele | Chairman & M.D & CEO |
| Mr. Shreeniwas G Kale | Independent Director |
| Mr. Dilip A Prabhune | Independent Director |
| Mrs. Veena R Havele | Independent Director |
FAQ
What is the intrinsic value of Dhanada Corporation Ltd and is it undervalued?
As of 26 April 2026, Dhanada Corporation Ltd's intrinsic value is ₹17.37, which is 655.22% higher than the current market price of ₹2.30, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (331 %), book value (₹0.67), dividend yield (0.00 %), and 5-year EPS CAGR.
What is the current share price and 52-week range of Dhanada Corporation Ltd?
Dhanada Corporation Ltd is trading at ₹2.30 as of 26 April 2026, with a FY2026-2027 high of ₹ and low of ₹. Market cap stands at ₹12.9 Cr..
How does Dhanada Corporation Ltd's P/E ratio compare to its industry?
Dhanada Corporation Ltd has a P/E ratio of , which is below the industry average of 186.89. This is broadly in line with or below the industry average.
Is Dhanada Corporation Ltd financially healthy?
Key indicators for Dhanada Corporation Ltd: ROCE of 4.35 % is on the lower side compared to the industry average of 11.38%; ROE of 331 % shows strong shareholder returns. Dividend yield is 0.00 %.
Is Dhanada Corporation Ltd profitable and how is the profit trend?
Dhanada Corporation Ltd reported a net profit of ₹-6 Cr in Mar 2022 on revenue of ₹5 Cr. Compared to ₹-2 Cr in Mar 2019, the net profit shows a mixed trend.
Does Dhanada Corporation Ltd pay dividends?
Dhanada Corporation Ltd has a dividend yield of 0.00 % at the current price of ₹2.30. The company is currently not paying meaningful dividends.

