DHP India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 25, 2025, 2:27 pm

Market Cap	158 Cr.
Current Price	525
High / Low	827/450
Stock P/E	50.5
Book Value	831
Dividend Yield	0.76 %
ROCE	2.31 %
ROE	1.96 %
Face Value	10.0
PEG Ratio	-225.45

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for DHP India Ltd

Competitors of DHP India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Duke Offshore Ltd	17.7 Cr.	18.0	33.4/9.77		5.50	0.00 %	5.81 %	19.2 %	10.0
DHP India Ltd	158 Cr.	525	827/450	50.5	831	0.76 %	2.31 %	1.96 %	10.0
Asian Energy Services Ltd	1,215 Cr.	271	444/215	34.3	73.2	0.00 %	12.5 %	11.4 %	10.0
Oil Country Tubular Ltd	334 Cr.	75.5	101/26.7		40.2	0.00 %	23.3 %	31.5 %	10.0
Industry Average	569.00 Cr	222.38		42.40	237.48	0.19%	10.98%	16.02%	10.00

All Competitor Stocks of DHP India Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	31.11	31.35	36.94	41.57	34.26	17.90	15.27	16.88	11.21	8.71	16.41	12.98	11.17
Expenses	21.75	21.43	23.93	27.27	22.92	13.09	12.59	13.16	10.69	8.37	13.58	11.22	10.20
Operating Profit	9.36	9.92	13.01	14.30	11.34	4.81	2.68	3.72	0.52	0.34	2.83	1.76	0.97
OPM %	30.09%	31.64%	35.22%	34.40%	33.10%	26.87%	17.55%	22.04%	4.64%	3.90%	17.25%	13.56%	8.68%
Other Income	5.13	0.80	3.97	1.11	0.68	0.12	-0.29	2.15	24.10	0.11	0.55	0.07	0.23
Interest	-0.00	-0.00	-0.00	0.03	-0.00	-0.00	-0.00	-0.00	0.05	0.03	0.04	0.09	0.08
Depreciation	0.48	0.52	0.64	0.66	0.73	0.81	0.93	0.89	0.90	0.90	1.00	0.92	0.88
Profit before tax	14.01	10.20	16.34	14.72	11.29	4.12	1.46	4.98	23.67	-0.48	2.34	0.82	0.24
Tax %	19.27%	25.98%	24.30%	25.20%	25.16%	25.24%	38.36%	16.67%	10.05%	-25.00%	43.16%	25.61%	20.83%
Net Profit	11.31	7.55	12.38	11.00	8.45	3.08	0.90	4.15	21.29	-0.36	1.33	0.62	0.19
EPS in Rs	37.70	25.17	41.27	36.67	28.17	10.27	3.00	13.83	70.97	-1.20	4.43	2.07	0.63

Last Updated: January 5, 2025, 8:18 am

Below is a detailed analysis of the quarterly data for DHP India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Sales, as of Sep 2024, the value is ₹11.17 Cr.. The value appears to be declining and may need further review. It has decreased from ₹12.98 Cr. (Jun 2024) to ₹11.17 Cr., marking a decrease of ₹1.81 Cr..
For Expenses, as of Sep 2024, the value is ₹10.20 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹11.22 Cr. (Jun 2024) to ₹10.20 Cr., marking a decrease of ₹1.02 Cr..
For Operating Profit, as of Sep 2024, the value is ₹0.97 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1.76 Cr. (Jun 2024) to ₹0.97 Cr., marking a decrease of ₹0.79 Cr..
For OPM %, as of Sep 2024, the value is 8.68%. The value appears to be declining and may need further review. It has decreased from 13.56% (Jun 2024) to 8.68%, marking a decrease of 4.88%.
For Other Income, as of Sep 2024, the value is ₹0.23 Cr.. The value appears strong and on an upward trend. It has increased from ₹0.07 Cr. (Jun 2024) to ₹0.23 Cr., marking an increase of ₹0.16 Cr..
For Interest, as of Sep 2024, the value is ₹0.08 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹0.09 Cr. (Jun 2024) to ₹0.08 Cr., marking a decrease of ₹0.01 Cr..
For Depreciation, as of Sep 2024, the value is ₹0.88 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹0.92 Cr. (Jun 2024) to ₹0.88 Cr., marking a decrease of ₹0.04 Cr..
For Profit before tax, as of Sep 2024, the value is ₹0.24 Cr.. The value appears to be declining and may need further review. It has decreased from ₹0.82 Cr. (Jun 2024) to ₹0.24 Cr., marking a decrease of ₹0.58 Cr..
For Tax %, as of Sep 2024, the value is 20.83%. The value appears to be improving (decreasing) as expected. It has decreased from 25.61% (Jun 2024) to 20.83%, marking a decrease of 4.78%.
For Net Profit, as of Sep 2024, the value is ₹0.19 Cr.. The value appears to be declining and may need further review. It has decreased from ₹0.62 Cr. (Jun 2024) to ₹0.19 Cr., marking a decrease of ₹0.43 Cr..
For EPS in Rs, as of Sep 2024, the value is ₹0.63. The value appears to be declining and may need further review. It has decreased from ₹2.07 (Jun 2024) to ₹0.63, marking a decrease of ₹1.44.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	25	50	41	37	47	52	67	56	70	120	109	53	49
Expenses	19	38	31	30	35	40	49	42	50	81	75	46	44
Operating Profit	6	12	9	7	12	12	18	14	21	39	34	7	5
OPM %	23%	24%	23%	18%	25%	24%	27%	24%	29%	32%	31%	14%	11%
Other Income	0	1	1	2	5	6	1	-5	10	10	1	27	25
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	2	2	1	1	1	2	2	2	3	4	4
Profit before tax	5	11	9	6	15	16	17	6	28	46	32	31	26
Tax %	33%	33%	33%	24%	28%	21%	28%	51%	18%	23%	26%	13%
Net Profit	3	7	6	5	11	13	12	3	23	36	23	26	23
EPS in Rs	11.10	24.67	19.23	16.33	36.50	43.10	40.37	10.30	77.13	118.70	78.10	88.00	76.27
Dividend Payout %	9%	6%	8%	12%	5%	6%	6%	24%	5%	3%	5%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	133.33%	-14.29%	-16.67%	120.00%	18.18%	-7.69%	-75.00%	666.67%	56.52%	-36.11%	13.04%
Change in YoY Net Profit Growth (%)	0.00%	-147.62%	-2.38%	136.67%	-101.82%	-25.87%	-67.31%	741.67%	-610.14%	-92.63%	49.15%

DHP India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	1%
5 Years:	-5%
3 Years:	-9%
TTM:	5%

Compounded Profit Growth
10 Years:	-6%
5 Years:	-20%
3 Years:	-38%
TTM:	-88%

Stock Price CAGR
10 Years:	16%
5 Years:	4%
3 Years:	-9%
1 Year:	-28%

Return on Equity
10 Years:	15%
5 Years:	13%
3 Years:	13%
Last Year:	2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:39 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	16.52	23.40	28.63	32.81	43.76	55.97	67.95	65.52	106.40	146.97	169.85	213.86	246.24
Borrowings	1.41	2.26	3.75	2.67	1.77	2.97	3.13	2.00	0.58	0.28	0.00	5.13	0.88
Other Liabilities	3.64	4.20	3.44	3.97	3.88	4.06	4.49	5.55	10.02	11.37	7.35	11.09	16.63
Total Liabilities	24.57	32.86	38.82	42.45	52.41	66.00	78.57	76.07	120.00	161.62	180.20	233.08	266.75
Fixed Assets	9.74	12.07	12.82	12.38	11.92	11.85	15.00	10.42	9.76	18.12	26.24	26.35	24.87
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.51	1.67	0.51	0.00	0.00
Investments	0.29	1.69	9.19	14.63	25.28	33.24	42.79	39.22	76.39	87.02	115.79	169.38	210.98
Other Assets	14.54	19.10	16.81	15.44	15.21	20.91	20.78	26.43	33.34	54.81	37.66	37.35	30.90
Total Assets	24.57	32.86	38.82	42.45	52.41	66.00	78.57	76.07	120.00	161.62	180.20	233.08	266.75

Below is a detailed analysis of the balance sheet data for DHP India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹3.00 Cr..
For Reserves, as of Sep 2024, the value is ₹246.24 Cr.. The value appears strong and on an upward trend. It has increased from ₹213.86 Cr. (Mar 2024) to ₹246.24 Cr., marking an increase of ₹32.38 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.88 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹5.13 Cr. (Mar 2024) to ₹0.88 Cr., marking a decrease of ₹4.25 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹16.63 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹11.09 Cr. (Mar 2024) to ₹16.63 Cr., marking an increase of ₹5.54 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹266.75 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹233.08 Cr. (Mar 2024) to ₹266.75 Cr., marking an increase of ₹33.67 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹24.87 Cr.. The value appears to be declining and may need further review. It has decreased from ₹26.35 Cr. (Mar 2024) to ₹24.87 Cr., marking a decrease of ₹1.48 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹210.98 Cr.. The value appears strong and on an upward trend. It has increased from ₹169.38 Cr. (Mar 2024) to ₹210.98 Cr., marking an increase of ₹41.60 Cr..
For Other Assets, as of Sep 2024, the value is ₹30.90 Cr.. The value appears to be declining and may need further review. It has decreased from ₹37.35 Cr. (Mar 2024) to ₹30.90 Cr., marking a decrease of ₹6.45 Cr..
For Total Assets, as of Sep 2024, the value is ₹266.75 Cr.. The value appears strong and on an upward trend. It has increased from ₹233.08 Cr. (Mar 2024) to ₹266.75 Cr., marking an increase of ₹33.67 Cr..

Notably, the Reserves (₹246.24 Cr.) exceed the Borrowings (₹0.88 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	1.98	6.12	8.55	6.43	7.37	5.85	12.60	14.60	6.13	8.28	43.35	1.83
Cash from Investing Activity +	-1.58	-5.08	-9.40	-4.94	-7.08	-5.56	-12.17	-5.84	-8.56	-7.34	-38.06	-8.46
Cash from Financing Activity +	-0.57	0.41	0.78	-1.95	-1.85	0.26	-0.91	-2.23	-2.23	-1.54	-1.51	3.81
Net Cash Flow	-0.17	1.45	-0.06	-0.47	-1.56	0.55	-0.48	6.52	-4.66	-0.61	3.78	-2.82

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	4.59	9.74	5.25	4.33	10.23	9.03	14.87	12.00	20.42	38.72	34.00	1.87

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	59.97	39.22	37.06	44.07	29.99	32.05	37.62	25.50	46.60	62.03	12.93	51.78
Inventory Days	235.79	112.80	158.41	136.80	153.24	156.93	122.16	170.61	196.33	166.71	175.78	330.89
Days Payable	61.97	23.71	21.22	23.47	24.96	16.95	22.30	46.49	33.71	19.50	7.90	21.50
Cash Conversion Cycle	233.79	128.31	174.25	157.41	158.27	172.02	137.49	149.62	209.22	209.24	180.81	361.17
Working Capital Days	142.09	92.89	98.12	92.72	86.83	109.96	86.00	81.77	118.65	136.38	93.23	206.30
ROCE %	25.64%	45.57%	25.92%	12.59%	30.07%	27.79%	23.72%	17.62%	22.40%	35.79%	19.65%	2.31%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%	73.42%
Public	26.58%	26.58%	26.59%	26.58%	26.57%	26.57%	26.58%	26.58%	26.57%	26.57%	26.58%	26.58%
No. of Shareholders	3,535	3,718	4,384	4,752	4,875	5,056	5,212	5,592	5,602	5,522	5,355	5,249

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	88.02	78.10	118.69	77.13	10.30
Diluted EPS (Rs.)	88.02	78.10	118.69	77.13	10.30
Cash EPS (Rs.)	100.29	88.56	125.56	82.92	16.15
Book Value[Excl.RevalReserv]/Share (Rs.)	722.88	576.17	499.91	364.65	228.41
Book Value[Incl.RevalReserv]/Share (Rs.)	722.88	576.17	499.91	364.65	228.41
Dividend / Share (Rs.)	4.00	4.00	4.00	4.00	2.50
Revenue From Operations / Share (Rs.)	177.39	363.30	398.36	234.22	185.10
PBDIT / Share (Rs.)	114.37	115.83	161.65	72.87	55.42
PBIT / Share (Rs.)	102.09	105.37	154.79	67.07	49.58
PBT / Share (Rs.)	101.70	105.27	154.65	94.63	21.17
Net Profit / Share (Rs.)	88.02	78.10	118.69	77.13	10.30
PBDIT Margin (%)	64.47	31.88	40.57	31.11	29.94
PBIT Margin (%)	57.55	29.00	38.85	28.63	26.78
PBT Margin (%)	57.33	28.97	38.82	40.40	11.43
Net Profit Margin (%)	49.61	21.49	29.79	32.92	5.56
Return on Networth / Equity (%)	12.17	13.55	23.74	21.15	4.51
Return on Capital Employeed (%)	13.71	17.98	30.39	18.10	21.70
Return On Assets (%)	11.32	13.00	22.03	19.28	4.06
Total Debt / Equity (X)	0.02	0.00	0.00	0.01	0.02
Asset Turnover Ratio (%)	0.25	0.63	0.84	0.71	0.71
Current Ratio (X)	21.05	34.74	16.06	12.41	8.49
Quick Ratio (X)	18.62	28.85	12.90	10.31	6.83
Inventory Turnover Ratio (X)	0.99	2.04	2.59	2.21	2.36
Dividend Payout Ratio (NP) (%)	4.54	5.12	3.37	3.24	24.26
Dividend Payout Ratio (CP) (%)	3.98	4.51	3.18	3.01	15.47
Earning Retention Ratio (%)	95.46	94.88	96.63	96.76	75.74
Cash Earning Retention Ratio (%)	96.02	95.49	96.82	96.99	84.53
Interest Coverage Ratio (X)	293.50	1202.41	1217.27	387.87	83.63
Interest Coverage Ratio (Post Tax) (X)	226.87	811.69	894.78	263.84	58.42
Enterprise Value (Cr.)	205.58	253.98	208.75	109.55	66.92
EV / Net Operating Revenue (X)	3.86	2.33	1.75	1.56	1.21
EV / EBITDA (X)	5.99	7.31	4.30	5.01	4.02
MarketCap / Net Operating Revenue (X)	3.82	2.38	1.76	1.58	1.29
Retention Ratios (%)	95.45	94.87	96.62	96.75	75.73
Price / BV (X)	0.93	1.50	1.40	1.02	1.05
Price / Net Operating Revenue (X)	3.82	2.38	1.76	1.58	1.29
EarningsYield	0.13	0.09	0.16	0.20	0.04

After reviewing the key financial ratios for DHP India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 88.02. This value is within the healthy range. It has increased from 78.10 (Mar 23) to 88.02, marking an increase of 9.92.
For Diluted EPS (Rs.), as of Mar 24, the value is 88.02. This value is within the healthy range. It has increased from 78.10 (Mar 23) to 88.02, marking an increase of 9.92.
For Cash EPS (Rs.), as of Mar 24, the value is 100.29. This value is within the healthy range. It has increased from 88.56 (Mar 23) to 100.29, marking an increase of 11.73.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 722.88. It has increased from 576.17 (Mar 23) to 722.88, marking an increase of 146.71.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 722.88. It has increased from 576.17 (Mar 23) to 722.88, marking an increase of 146.71.
For Dividend / Share (Rs.), as of Mar 24, the value is 4.00. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 23) which recorded 4.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 177.39. It has decreased from 363.30 (Mar 23) to 177.39, marking a decrease of 185.91.
For PBDIT / Share (Rs.), as of Mar 24, the value is 114.37. This value is within the healthy range. It has decreased from 115.83 (Mar 23) to 114.37, marking a decrease of 1.46.
For PBIT / Share (Rs.), as of Mar 24, the value is 102.09. This value is within the healthy range. It has decreased from 105.37 (Mar 23) to 102.09, marking a decrease of 3.28.
For PBT / Share (Rs.), as of Mar 24, the value is 101.70. This value is within the healthy range. It has decreased from 105.27 (Mar 23) to 101.70, marking a decrease of 3.57.
For Net Profit / Share (Rs.), as of Mar 24, the value is 88.02. This value is within the healthy range. It has increased from 78.10 (Mar 23) to 88.02, marking an increase of 9.92.
For PBDIT Margin (%), as of Mar 24, the value is 64.47. This value is within the healthy range. It has increased from 31.88 (Mar 23) to 64.47, marking an increase of 32.59.
For PBIT Margin (%), as of Mar 24, the value is 57.55. This value exceeds the healthy maximum of 20. It has increased from 29.00 (Mar 23) to 57.55, marking an increase of 28.55.
For PBT Margin (%), as of Mar 24, the value is 57.33. This value is within the healthy range. It has increased from 28.97 (Mar 23) to 57.33, marking an increase of 28.36.
For Net Profit Margin (%), as of Mar 24, the value is 49.61. This value exceeds the healthy maximum of 10. It has increased from 21.49 (Mar 23) to 49.61, marking an increase of 28.12.
For Return on Networth / Equity (%), as of Mar 24, the value is 12.17. This value is below the healthy minimum of 15. It has decreased from 13.55 (Mar 23) to 12.17, marking a decrease of 1.38.
For Return on Capital Employeed (%), as of Mar 24, the value is 13.71. This value is within the healthy range. It has decreased from 17.98 (Mar 23) to 13.71, marking a decrease of 4.27.
For Return On Assets (%), as of Mar 24, the value is 11.32. This value is within the healthy range. It has decreased from 13.00 (Mar 23) to 11.32, marking a decrease of 1.68.
For Total Debt / Equity (X), as of Mar 24, the value is 0.02. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 0.02, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.25. It has decreased from 0.63 (Mar 23) to 0.25, marking a decrease of 0.38.
For Current Ratio (X), as of Mar 24, the value is 21.05. This value exceeds the healthy maximum of 3. It has decreased from 34.74 (Mar 23) to 21.05, marking a decrease of 13.69.
For Quick Ratio (X), as of Mar 24, the value is 18.62. This value exceeds the healthy maximum of 2. It has decreased from 28.85 (Mar 23) to 18.62, marking a decrease of 10.23.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 4. It has decreased from 2.04 (Mar 23) to 0.99, marking a decrease of 1.05.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 4.54. This value is below the healthy minimum of 20. It has decreased from 5.12 (Mar 23) to 4.54, marking a decrease of 0.58.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 3.98. This value is below the healthy minimum of 20. It has decreased from 4.51 (Mar 23) to 3.98, marking a decrease of 0.53.
For Earning Retention Ratio (%), as of Mar 24, the value is 95.46. This value exceeds the healthy maximum of 70. It has increased from 94.88 (Mar 23) to 95.46, marking an increase of 0.58.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 96.02. This value exceeds the healthy maximum of 70. It has increased from 95.49 (Mar 23) to 96.02, marking an increase of 0.53.
For Interest Coverage Ratio (X), as of Mar 24, the value is 293.50. This value is within the healthy range. It has decreased from 1,202.41 (Mar 23) to 293.50, marking a decrease of 908.91.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 226.87. This value is within the healthy range. It has decreased from 811.69 (Mar 23) to 226.87, marking a decrease of 584.82.
For Enterprise Value (Cr.), as of Mar 24, the value is 205.58. It has decreased from 253.98 (Mar 23) to 205.58, marking a decrease of 48.40.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.86. This value exceeds the healthy maximum of 3. It has increased from 2.33 (Mar 23) to 3.86, marking an increase of 1.53.
For EV / EBITDA (X), as of Mar 24, the value is 5.99. This value is within the healthy range. It has decreased from 7.31 (Mar 23) to 5.99, marking a decrease of 1.32.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.82. This value exceeds the healthy maximum of 3. It has increased from 2.38 (Mar 23) to 3.82, marking an increase of 1.44.
For Retention Ratios (%), as of Mar 24, the value is 95.45. This value exceeds the healthy maximum of 70. It has increased from 94.87 (Mar 23) to 95.45, marking an increase of 0.58.
For Price / BV (X), as of Mar 24, the value is 0.93. This value is below the healthy minimum of 1. It has decreased from 1.50 (Mar 23) to 0.93, marking a decrease of 0.57.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.82. This value exceeds the healthy maximum of 3. It has increased from 2.38 (Mar 23) to 3.82, marking an increase of 1.44.
For EarningsYield, as of Mar 24, the value is 0.13. This value is below the healthy minimum of 5. It has increased from 0.09 (Mar 23) to 0.13, marking an increase of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of DHP India Ltd as of February 27, 2025 is: ₹663.02

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 27, 2025, DHP India Ltd is Undervalued by 26.29% compared to the current share price 525.00

Intrinsic Value of DHP India Ltd as of February 27, 2025 is: 661.53

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 27, 2025, DHP India Ltd is Undervalued by 26.01% compared to the current share price ₹525.00

Last 5 Year EPS CAGR: -0.22%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 24.09%, which is a positive sign. The company has higher reserves (93.68 cr) compared to borrowings (2.06 cr), indicating strong financial stability. The company has shown consistent growth in sales (59.69 cr) and profit (19.08 cr) over the years.	The stock has a high average Working Capital Days of 112.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 189.30, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in DHP India Ltd:
1. Net Profit Margin: 49.61%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 13.71% (Industry Average ROCE: 10.98%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.17% (Industry Average ROE: 16.02%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 226.87
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 18.62
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 50.5 (Industry average Stock P/E: 42.4)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.02
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

DHP India Ltd. is a Public Limited Listed company incorporated on 26/04/1991 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L65921WB1991PLC051555 and registration number is 051555. Currently Company is involved in the business activities of Manufacture of other general-purpose machinery. Company's Total Operating Revenue is Rs. 53.22 Cr. and Equity Capital is Rs. 3.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Oil Equipment & Services	7B, Shreelekha, 7th Floor, Kolkata West Bengal 700016	info@dhpindia.com http://www.dilindia.co.in

Management
Name	Position Held
Mr. Asheesh Dabriwal	Managing Director & CEO
Mr. Janak Bhardwaj	COO & Executive Director
Mrs. Anjum Dhandhania	Non Executive Woman Director
Mr. Buddhadeb Basu	Ind. Non-Executive Director
Dr. Subrata Haldar	Ind. Non-Executive Director
Mr. Surajit Raha	Ind. Non-Executive Director
Mr. Rajat Banerjee	Ind. Non-Executive Director
Mrs. Aditi Bagchi	Ind. Non-Executive Woman Director

FAQ

What is the latest intrinsic value of DHP India Ltd?

Let's break down DHP India Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 27 February 2025:

Calculated Fair Value: ₹663.02
Current Market Price: ₹525.00
Variance: 26.29% higher

This suggests DHP India Ltd is currently undervalued by 26.29%. For context:

Market Cap: 158 Cr.
52-Week Range: 827/450
Reserves (Sep 2024): 246.24 Cr
Liabilities: 266.75 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of DHP India Ltd?

The Market Cap of DHP India Ltd is 158 Cr..

What is the current Stock Price of DHP India Ltd as on 27 February 2025?

The current stock price of DHP India Ltd as on 27 February 2025 is ₹525.

What is the High / Low of DHP India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of DHP India Ltd stocks is 827/450.

What is the Stock P/E of DHP India Ltd?

The Stock P/E of DHP India Ltd is 50.5.

What is the Book Value of DHP India Ltd?

The Book Value of DHP India Ltd is 831.

What is the Dividend Yield of DHP India Ltd?

The Dividend Yield of DHP India Ltd is 0.76 %.

What is the ROCE of DHP India Ltd?

The ROCE of DHP India Ltd is 2.31 %.

What is the ROE of DHP India Ltd?

The ROE of DHP India Ltd is 1.96 %.

What is the Face Value of DHP India Ltd?

The Face Value of DHP India Ltd is 10.0.