BSE:531306

Stock Analysis Report

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Executive Summary

DHP India Limited manufactures and sells regulators for liquefied petroleum gas (LPG) cylinders, and related accessories and parts in India.


Snowflake Analysis

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.


Market Performance


7 Day Return

0.1%

531306

2.9%

IN Machinery

3.2%

IN Market


1 Year Return

-37.2%

531306

-6.2%

IN Machinery

2.6%

IN Market

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.


Shareholder returns

531306IndustryMarket
7 Day0.1%2.9%3.2%
30 Day-3.6%0.4%4.5%
90 Day1.1%16.0%22.2%
1 Year-36.9%-37.2%-4.7%-6.2%4.5%2.6%
3 Year-13.4%-14.7%-22.2%-25.5%3.8%-1.1%
5 Year204.1%190.9%-8.2%-14.1%29.5%19.9%

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

Valuation

Is DHP India undervalued compared to its fair value and its price relative to the market?

42.7%

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).


Next Steps

Future Growth

How is DHP India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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.


Next Steps

Past Performance

How has DHP India performed over the past 5 years?

14.4%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

What is DHP India current dividend yield, its reliability and sustainability?

0.77%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

17.6yrs

Average board tenure


CEO

Asheesh Dabriwal (53 yo)

no data

Tenure

₹6,686,100

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Asheesh Dabriwal
CEO, MD and Executive & Promoter Directorno data₹6.69m22.09%
₹ 215.9m
Janak Bhardwaj
COO, Works Manager & Executive Director22.17yrs₹3.16mno data
Subrata Haldar
Non-Executive Independent Director17.25yrs₹10.00kno data
Anjum Dhandhania
Non-Executive Woman Director17.58yrs₹10.00k0.67%
₹ 6.5m
Buddhadeb Basu
Lead Independent Director no data₹10.00k0.0067%
₹ 65.2k
Surajit Raha
Non-Executive Independent Director5.67yrs₹10.00kno data

17.6yrs

Average Tenure

53yo

Average Age

Experienced Board: 531306's board of directors are seasoned and experienced ( 17.6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

DHP India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • DHP India Limited
  • 10 Middleton Row
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531306BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2004

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:37
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.