DHP India Limited manufactures and sells regulators for liquefied petroleum gas (LPG) cylinders, and related accessories and parts in India.
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has DHP India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531306 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531306 underperformed the Indian Machinery industry which returned -6.2% over the past year.
Return vs Market: 531306 underperformed the Indian Market which returned 2.6% over the past year.
Price Volatility Vs. Market
How volatile is DHP India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is DHP India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 531306 (₹325.85) is trading below our estimate of fair value (₹568.34)
Significantly Below Fair Value: 531306 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 531306 is poor value based on its PE Ratio (31.6x) compared to the IN Machinery industry average (14.9x).
PE vs Market: 531306 is poor value based on its PE Ratio (31.6x) compared to the Indian market (14x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531306's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531306 is overvalued based on its PB Ratio (1.4x) compared to the IN Machinery industry average (1x).
How is DHP India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DHP India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine DHP India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- DHP India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has DHP India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531306 has a large one-off loss of ₹60.1M impacting its March 31 2020 financial results.
Growing Profit Margin: 531306's current net profit margins (6.5%) are lower than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: 531306's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: 531306's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 531306 had negative earnings growth (-74.5%) over the past year, making it difficult to compare to the Machinery industry average (-10.3%).
Return on Equity
High ROE: 531306's Return on Equity (4.5%) is considered low.
How is DHP India's financial position?
Financial Position Analysis
Short Term Liabilities: 531306's short term assets (₹640.9M) exceed its short term liabilities (₹75.5M).
Long Term Liabilities: 531306 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531306's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 531306's debt to equity ratio has reduced from 11.8% to 2.9% over the past 5 years.
Debt Coverage: 531306's debt is well covered by operating cash flow (729.9%).
Interest Coverage: 531306's interest payments on its debt are well covered by EBIT (69.5x coverage).
What is DHP India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 531306's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.63%).
High Dividend: 531306's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (2.62%).
Stability and Growth of Payments
Stable Dividend: 531306's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531306's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), 531306's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Asheesh Dabriwal (53 yo)
Mr. Asheesh Dabriwal, B.Com., serves as the Managing Director and Chief Executive Officer of DHP India Ltd and has been its Director since April 26, 1991.
CEO Compensation Analysis
Compensation vs Market: Asheesh's total compensation ($USD89.26K) is above average for companies of similar size in the Indian market ($USD49.12K).
Compensation vs Earnings: Asheesh's compensation has been consistent with company performance over the past year.
|CEO, MD and Executive & Promoter Director||no data||₹6.69m||22.09% |
|COO, Works Manager & Executive Director||22.17yrs||₹3.16m||no data|
|Non-Executive Independent Director||17.25yrs||₹10.00k||no data|
|Non-Executive Woman Director||17.58yrs||₹10.00k||0.67% |
|Lead Independent Director||no data||₹10.00k||0.0067% |
|Non-Executive Independent Director||5.67yrs||₹10.00k||no data|
Experienced Board: 531306's board of directors are seasoned and experienced ( 17.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
DHP India Limited's company bio, employee growth, exchange listings and data sources
- Name: DHP India Limited
- Ticker: 531306
- Exchange: BSE
- Founded: 1991
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹977.550m
- Shares outstanding: 3.00m
- Website: https://dilindia.co.in
Number of Employees
- DHP India Limited
- 10 Middleton Row
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531306||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2004|
DHP India Limited manufactures and sells regulators for liquefied petroleum gas (LPG) cylinders, and related accessories and parts in India. The company’s products include propane, butane, and LPG regulato ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 12:37|
|End of Day Share Price||2020/08/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.