Dhanuka Infra Realty
Dhanuka Infra Realty
RealtyKey Fundamentals
SMEResidential Commercial ProjectsRealtyTapetide Score
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Key Insights
Strengths
3- Company has reduced debt.
- Stock is trading at 0.55 times its book value
- Debtor days have improved from 151 to 56.7 days.
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -25.2% over past five years.
- Company has a low return on equity of 12.8% over last 3 years.
- Earnings include an other income of Rs.2.29 Cr.
- Promoter holding has decreased over last 3 years: -12.6%
- Working capital days have increased from 1,099 days to 1,597 days
Growth Rate
Quarterly Results
| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.59 | 1.8 | 10.8 | 1.79 | 1.75 | 2.1 | 0.11 | 0.84 | 0.62 | 0.39 | 3.64 | 0.63 | 2.33 |
| Expenses | 0.73 | 3.06 | 11.66 | 1.81 | 2.33 | 2.6 | 1.06 | 1.28 | 0.88 | 1.34 | 1.33 | 0.94 | 2.57 |
| Operating Profit | 0.86 | -1.26 | -0.86 | -0.02 | -0.58 | -0.5 | -0.95 | -0.44 | -0.26 | -0.95 | 2.31 | -0.31 | -0.24 |
| OPM % | 54.09% | -70% | -7.96% | -1.12% | -33.14% | -23.81% | -863.64% | -52.38% | -41.94% | -243.59% | 63.46% | -49.21% | -10.3% |
| Other Income | 0.09 | 0.08 | 0.13 | 0 | 1.41 | 0.02 | 1.48 | 0.75 | 2.49 | 0.77 | 1.38 | 0.66 | 1.62 |
| Interest | 1.22 | 0.02 | 0.03 | 0.68 | 0.61 | 0.55 | 0.5 | 0.54 | 0.52 | 0.4 | 0.27 | 0.13 | 0.08 |
| Depreciation | 0.04 | 0.08 | 0.07 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 |
| PBT | -0.31 | -1.28 | -0.83 | -0.75 | 0.17 | -1.08 | -0.02 | -0.28 | 1.66 | -0.63 | 3.37 | 0.18 | 1.26 |
| Tax % | -112.9% | 0% | -61.45% | 0% | -111.76% | -25% | 0% | 0% | 21.69% | 0% | 20.77% | 0% | 29.37% |
| Net Profit | 0.04 | -1.28 | -0.32 | -0.75 | 0.36 | -0.81 | -0.02 | -0.28 | 1.3 | -0.63 | 2.68 | 0.18 | 0.89 |
| EPS in Rs | 0.06 | -1.82 | -0.45 | -1.07 | 0.51 | -1.05 | -0.03 | -0.36 | 1.68 | -0.81 | 3.46 | 0.19 | 0.93 |
Profit & Loss
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.42 | 24.41 | 16.34 | 3.9 | 12.6 | 3.54 | 2.21 | 2.08 | 4.01 | 2.96 |
| Expenses | 13.13 | 22.41 | 16.3 | 4.09 | 14.73 | 4.14 | 3.62 | 2.16 | 2.65 | 3.52 |
| Operating Profit | 2.29 | 2 | 0.04 | -0.19 | -2.13 | -0.6 | -1.41 | -0.08 | 1.36 | -0.56 |
| OPM % | 14.85% | 8.19% | 0.24% | -4.87% | -16.9% | -16.95% | -63.8% | -3.85% | 33.92% | -18.92% |
| Other Income | 0.07 | 0.07 | 0.16 | 0.25 | 0.21 | 1.41 | 1.5 | 2.62 | 2.15 | 2.29 |
| Interest | 1.21 | 1.44 | 1.52 | 1.31 | 0.04 | 1.29 | 1.09 | 1.06 | 0.67 | 0.21 |
| Depreciation | 0.08 | 0.12 | 0.2 | 0.16 | 0.15 | 0.11 | 0.1 | 0.1 | 0.1 | 0.08 |
| PBT | 1.07 | 0.51 | -1.52 | -1.41 | -2.11 | -0.59 | -1.1 | 1.38 | 2.74 | 1.44 |
| Tax % | 31.78% | 27.45% | -23.03% | -24.11% | -24.17% | -32.2% | -24.55% | 26.09% | 25.55% | 25.69% |
| Net Profit | 0.74 | 0.37 | -1.17 | -1.07 | -1.6 | -0.4 | -0.84 | 1.02 | 2.05 | 1.07 |
| EPS in Rs | 2.1 | 0.53 | -1.66 | -1.52 | -2.27 | -0.57 | -1.09 | 1.32 | 2.65 | 1.12 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.52 | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.74 | 7.74 | 7.74 | 9.54 |
| Reserves | 7.4 | 4.25 | 3.08 | 2.01 | 0.41 | 0.02 | 0.23 | 1.25 | 3.3 | 7.07 |
| Borrowings | 11.78 | 13.08 | 11.82 | 11.17 | 17.34 | 12.64 | 11.14 | 9.33 | 7.79 | 1.82 |
| Other Liabilities | 29.2 | 19.48 | 11.48 | 12.24 | 6.18 | 3 | 3.05 | 2.25 | 2.38 | 1.51 |
| Total Liabilities | 51.9 | 43.85 | 33.42 | 32.46 | 30.97 | 22.7 | 22.16 | 20.57 | 21.21 | 19.94 |
| Fixed Assets | 2.57 | 3.26 | 3.06 | 2.89 | 2.55 | 2.41 | 2.31 | 2.22 | 2.12 | 2.15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0.3 | 0.3 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 49.33 | 40.29 | 30.06 | 29.27 | 28.42 | 20.29 | 19.85 | 18.35 | 19.09 | 17.79 |
| Total Assets | 51.9 | 43.85 | 33.42 | 32.46 | 30.97 | 22.7 | 22.16 | 20.57 | 21.21 | 19.94 |
Cash Flow
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -4.19 | 2.95 | -1.44 | 0.54 | -4.33 | -1.02 | -0.2 | 2.07 | 0.34 | 1.9 |
| Investing | -2.14 | -2.78 | 0 | 0 | 0.68 | 0.03 | 0 | 0 | 0.51 | -0.35 |
| Financing | 5.86 | 1.66 | -0.05 | -0.84 | 3.68 | 1.2 | -0.05 | -1.86 | -0.61 | -1.48 |
| Net Cash Flow | -0.47 | 1.82 | -1.49 | -0.3 | 0.03 | 0.22 | -0.25 | 0.21 | 0.24 | 0.06 |
| Free Cash Flow | -4.23 | 1.87 | -1.44 | 0.54 | -4.13 | -0.99 | -0.2 | 2.06 | 0.33 | 1.8 |
| CFO/OP | -168 | 154 | -3,600 | -284 | 203 | 170 | 14 | -2,588 | 25 | -339 |
Ratios
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154 | 49.34 | 62.1 | 241 | 82.85 | 92.8 | 41.29 | 105 | 290 | 56.72 |
| Inventory Days | — | 1,400 | 1,072 | — | 432 | 1,959 | 2,518 | 4,120 | 3,193 | 6,487 |
| Days Payable | — | 89.21 | 51.51 | — | 31.16 | 106 | 83.98 | 87.71 | 94.72 | 335 |
| Cash Conversion Cycle | 154 | 1,360 | 1,083 | 241 | 483 | 1,946 | 2,475 | 4,137 | 3,388 | 6,210 |
| Working Capital Days | 355 | 213 | 312 | 1,142 | 423 | 572 | 1,029 | 1,044 | 656 | 1,597 |
| ROCE % | — | 8.16% | 0% | -0.47% | -9.2% | 3.15% | -0.05% | 13.04% | 18.36% | 8.86% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Incorporated in 2002, Dhanuka Infra Realty Ltd is a real estate development and construction company.[1]
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