Dhansa Labs Ltd.

21.50.94%

2026-08-21

ambeylab.comBSE: -NSE: DHANSA
Market Cap₹ 55 Cr.
Current Price₹ 21
High / Low₹ 47 / 16
Stock P/E0.0
Book Value₹ 28
Price to Book1.52
Dividend Yield0.00 %
ROCE11.4 %
ROE11.0 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has a good return on equity (ROE) track record: 3 Years ROE 33.6%

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • A large part of profit comes from other income (31.7% of PBT)
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.12x)
  • Working capital days have increased from 53 to 131 days
  • Equity base is being diluted - shares outstanding up 40.6%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.UPL568.7023.7748007.911.05-73.0058.5210181.0010.4712.0013.43
2.PIIND2496.0032.5137868.840.60244.20-38.951702.30-10.4316.0021.69
3.SUMICHEM553.6547.6927635.200.23214.5120.451063.350.6223.3921.94
4.BAYERCROP4068.40329.9918284.243.69321.6015.391835.00-4.1630.0820.03
5.SHARDACROP771.8011.126963.221.9488.02-38.361073.779.0331.1017.32
6.DHANUKA995.2014.944436.430.2075.5027.94442.0220.0124.4424.83
7.RALLIS211.9025.104120.801.42-14.15-274.26507.547.7013.23-0.56
8.NACLIND174.00329.494075.830.0020.8459.82383.33-14.506.2010.80
9.BHAGCHEM290.25136.753763.650.05133.293249.841950.191475.554.5515.65
10.GSPCROP595.3528.292769.490.17263.941111.463859.951153.2720.8111.02
11.BHARATRAS1279.9014.852127.330.04372.30838.733381.60796.0316.6315.19
12.DHANSA20.309.8954.610.007.26305.6311.438.64
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2025
31
28
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
2
Tax %
24.68%
Net Profit
1
0
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
28
27
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
1
Tax %
10.60%
Net Profit
1
0
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
41
38
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
1
2
Tax %
15.73%
Net Profit
2
1
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
31
29
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
0
2
Tax %
37.45%
Net Profit
1
0
Equity Capital
27
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
27
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
82
72
Operating Profit
10
OPM %
13
Other Income
1
Interest
4
Depreciation
3
3
Tax %
-235
Net Profit
10
EPS
21
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
21
Minority Interest
0
Share of Associates
0
Adjusted EPS
21
Mar 2022
85
74
Operating Profit
11
OPM %
13
Other Income
1
Interest
3
Depreciation
3
5
Tax %
26
Net Profit
4
EPS
7
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2023
105
97
Operating Profit
11
OPM %
10
Other Income
3
Interest
2
Depreciation
3
6
Tax %
5
Net Profit
5
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2024
120
111
Operating Profit
11
OPM %
9
Other Income
2
Interest
2
Depreciation
3
5
Tax %
-42
Net Profit
8
EPS
4
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2025
131
122
Operating Profit
12
OPM %
9
Other Income
2
Interest
3
Depreciation
3
6
Tax %
21
Net Profit
5
EPS
2
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
TTM
130
122
Operating Profit
OPM %
Other Income
3
Interest
3
Depreciation
2
7
Tax %
23
Net Profit
6
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
16%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
10%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
33%
3 Years:
34%
Last Year:
11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2021
Equity Capital
5
-13
Trade Payables
16
29
Total Liabilities
37
16
Capital Work in Progress
1
0
9
0
Cash & Bank
1
11
Total Assets
37
Total Debt
33
Net Working Capital
-2
Contingent Liabilities
0
Book Value per Share
-160.70
Face Value
100.00
Total Debt
33
Net Working Capital
-2
Contingent Liabilities
0
Book Value per Share
-160.70
Face Value
100.00
Mar 2022
Equity Capital
18
1
Trade Payables
15
16
Total Liabilities
50
25
Capital Work in Progress
0
0
11
0
Cash & Bank
0
14
Total Assets
50
Total Debt
18
Net Working Capital
3
Contingent Liabilities
0
Book Value per Share
107.42
Face Value
100.00
Total Debt
18
Net Working Capital
3
Contingent Liabilities
0
Book Value per Share
107.42
Face Value
100.00
Mar 2023
Equity Capital
18
1
Trade Payables
16
18
Total Liabilities
54
25
Capital Work in Progress
0
1
17
0
Cash & Bank
0
10
Total Assets
54
Total Debt
14
Net Working Capital
6
Contingent Liabilities
0
Book Value per Share
48.69
Face Value
100.00
Total Debt
14
Net Working Capital
6
Contingent Liabilities
0
Book Value per Share
48.69
Face Value
100.00
Mar 2024
Equity Capital
19
13
Trade Payables
15
30
Total Liabilities
77
24
Capital Work in Progress
4
1
21
19
Cash & Bank
0
8
Total Assets
77
Total Debt
30
Net Working Capital
17
Contingent Liabilities
9
Book Value per Share
11.24
Face Value
10.00
Total Debt
30
Net Working Capital
17
Contingent Liabilities
9
Book Value per Share
11.24
Face Value
10.00
Mar 2025
Equity Capital
25
51
Trade Payables
7
43
Total Liabilities
126
23
Capital Work in Progress
16
0
30
40
Cash & Bank
2
15
Total Assets
126
Total Debt
41
Net Working Capital
47
Contingent Liabilities
14
Book Value per Share
26.40
Face Value
10.00
Total Debt
41
Net Working Capital
47
Contingent Liabilities
14
Book Value per Share
26.40
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
3
Cash from Investing
-1
Cash from Financing
-1
0
Free Cash Flow
3
OCF / Net Profit
0.27
Cumulative 5-Year FCF
0
OCF / Net Profit
0.27
Cumulative 5-Year FCF
0
Mar 2022
6
Cash from Investing
-1
Cash from Financing
-5
-0
Free Cash Flow
-6
OCF / Net Profit
1.57
Cumulative 5-Year FCF
0
OCF / Net Profit
1.57
Cumulative 5-Year FCF
0
Mar 2023
10
Cash from Investing
-4
Cash from Financing
-6
0
Free Cash Flow
7
OCF / Net Profit
1.92
Cumulative 5-Year FCF
0
OCF / Net Profit
1.92
Cumulative 5-Year FCF
0
Mar 2024
-13
Cash from Investing
-5
Cash from Financing
18
-0
Free Cash Flow
-18
OCF / Net Profit
-1.70
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.70
Cumulative 5-Year FCF
0
Mar 2025
-34
Cash from Investing
-13
Cash from Financing
48
0
Free Cash Flow
-48
OCF / Net Profit
-7.21
Cumulative 5-Year FCF
0
OCF / Net Profit
-7.21
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
EPS (₹)
211.23
Book Value (₹)
-160.70
Dividend per Share (₹)
0.00
Cash EPS (₹)
27.71
Operating Margin %
12.75%
Net Margin %
12.65%
ROE %
0.00%
ROCE %
28.72%
27.64%
Debtor Days
31
Inventory Days
39
Payable Days
89
-19
Debt to Equity (x)
-4.19x
Interest Coverage (x)
1.75x
0.92x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
20.14
Book Value (₹)
107.42
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.69
Operating Margin %
12.84%
Net Margin %
4.23%
ROE %
63.82%
ROCE %
25.38%
8.18%
Debtor Days
33
Inventory Days
42
Payable Days
82
-7
Debt to Equity (x)
0.95x
Interest Coverage (x)
2.58x
1.13x
Revenue Growth %
3.50%
Operating Profit Growth %
4.22%
Net Profit Growth %
-65.42%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
29.52
Book Value (₹)
48.69
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.62
Operating Margin %
10.13%
Net Margin %
5.00%
ROE %
37.82%
ROCE %
25.37%
10.12%
Debtor Days
21
Inventory Days
49
Payable Days
63
7
Debt to Equity (x)
1.63x
Interest Coverage (x)
3.63x
1.29x
Revenue Growth %
23.90%
Operating Profit Growth %
-2.24%
Net Profit Growth %
46.59%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
4.13
Book Value (₹)
11.24
Dividend per Share (₹)
0.00
Cash EPS (₹)
5.48
Operating Margin %
7.54%
Net Margin %
6.41%
ROE %
52.08%
ROCE %
21.40%
11.85%
Debtor Days
34
Inventory Days
57
Payable Days
53
38
Debt to Equity (x)
1.41x
Interest Coverage (x)
3.24x
1.56x
Revenue Growth %
14.93%
Operating Profit Growth %
0.47%
Net Profit Growth %
47.36%
-86.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
4.49x
Mar 2025
EPS (₹)
1.92
Book Value (₹)
26.40
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.94
Operating Margin %
7.33%
Net Margin %
3.64%
ROE %
11.01%
ROCE %
11.43%
4.72%
Debtor Days
82
Inventory Days
70
Payable Days
33
119
Debt to Equity (x)
0.62x
Interest Coverage (x)
3.05x
2.19x
Revenue Growth %
8.96%
Operating Profit Growth %
8.11%
Net Profit Growth %
-38.06%
-53.60%
P/E (x)
20.97x
P/B (x)
1.52x
Dividend Yield %
0.00%
12.08x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2024
69.90
1.46
4.11
Government
0.00
24.53
Mar 2025
70.11
0.01
2.34
Government
0.00
27.54
Sep 2025
70.15
0.00
1.96
Government
0.00
27.89
Mar 2026
70.15
0.00
0.72
Government
0.00
29.13
Jun 2026
65.05
0.00
0.00
Government
0.00
34.95

Documents

Announcements

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Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.