Loading...

DHP India

BSE:531306
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
531306
BSE
₹2B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

DHP India Limited manufactures and sells regulators for liquefied petroleum gas (LPG) cylinders, and related accessories and parts in India. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
531306 Share Price and Events
7 Day Returns
-7.1%
BSE:531306
-2.4%
IN Machinery
-1.2%
IN Market
1 Year Returns
12.6%
BSE:531306
-12.4%
IN Machinery
-4.2%
IN Market
531306 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DHP India (531306) -7.1% -11% -5.2% 12.6% 287.6% 274.1%
IN Machinery -2.4% -4.4% -10.4% -12.4% 4% 52.5%
IN Market -1.2% -2.8% -3.9% -4.2% 19.1% 33.1%
1 Year Return vs Industry and Market
  • 531306 outperformed the Machinery industry which returned -12.4% over the past year.
  • 531306 outperformed the Market in India which returned -4.2% over the past year.
Price Volatility
531306
Industry
5yr Volatility vs Market

531306 Value

 Is DHP India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of DHP India to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for DHP India.

BSE:531306 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.7%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:531306
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.083 (1 + (1- 35%) (1.92%))
1.065
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.065 * 8.6%)
16.71%

Discounted Cash Flow Calculation for BSE:531306 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for DHP India is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:531306 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.71%)
2020 122.53 Est @ 25.16% 104.99
2021 146.89 Est @ 19.88% 107.84
2022 170.66 Est @ 16.18% 107.36
2023 193.86 Est @ 13.59% 104.49
2024 216.69 Est @ 11.78% 100.08
2025 239.46 Est @ 10.51% 94.76
2026 262.51 Est @ 9.62% 89.01
2027 286.13 Est @ 9% 83.13
2028 310.64 Est @ 8.57% 77.33
2029 336.30 Est @ 8.26% 71.73
Present value of next 10 years cash flows ₹940.73
BSE:531306 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹336.30 × (1 + 7.55%) ÷ (16.71% – 7.55%)
₹3,949.50
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹3,949.50 ÷ (1 + 16.71%)10
₹842.44
BSE:531306 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹940.73 + ₹842.44
₹1,783.17
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,783.17 / 3.00
₹594.39
BSE:531306 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹594.39
Current discount Discount to share price of ₹527.15
= -1 x (₹527.15 - ₹594.39) / ₹594.39
11.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price DHP India is available for.
Intrinsic value
11%
Share price is ₹527.15 vs Future cash flow value of ₹594.39
Current Discount Checks
For DHP India to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • DHP India's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • DHP India's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DHP India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DHP India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:531306 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹42.97
BSE:531306 Share Price ** BSE (2019-07-22) in INR ₹527.15
India Machinery Industry PE Ratio Median Figure of 145 Publicly-Listed Machinery Companies 13.48x
India Market PE Ratio Median Figure of 2,833 Publicly-Listed Companies 14.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DHP India.

BSE:531306 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:531306 Share Price ÷ EPS (both in INR)

= 527.15 ÷ 42.97

12.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DHP India is good value based on earnings compared to the IN Machinery industry average.
  • DHP India is good value based on earnings compared to the India market.
Price based on expected Growth
Does DHP India's expected growth come at a high price?
Raw Data
BSE:531306 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
1.1%per year
India Machinery Industry PEG Ratio Median Figure of 26 Publicly-Listed Machinery Companies 1.5x
India Market PEG Ratio Median Figure of 537 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DHP India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DHP India's assets?
Raw Data
BSE:531306 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹236.51
BSE:531306 Share Price * BSE (2019-07-22) in INR ₹527.15
India Machinery Industry PB Ratio Median Figure of 167 Publicly-Listed Machinery Companies 1.27x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.93x
BSE:531306 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:531306 Share Price ÷ Book Value per Share (both in INR)

= 527.15 ÷ 236.51

2.23x

* Primary Listing of DHP India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DHP India is overvalued based on assets compared to the IN Machinery industry average.
X
Value checks
We assess DHP India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. DHP India has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

531306 Future Performance

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

  • No analysts cover DHP India, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DHP India expected to grow at an attractive rate?
  • DHP India's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • DHP India's earnings growth is positive but not above the India market average.
  • Unable to compare DHP India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:531306 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:531306 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 1.1%
India Machinery Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
India Machinery Industry Revenue Growth Rate Market Cap Weighted Average 11.8%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 9.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:531306 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:531306 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:531306 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 638 126 129
2018-12-31 571 111
2018-09-30 572 141
2018-06-30 510 131
2018-03-31 512 59 129
2017-12-31 477 136
2017-09-30 465 92
2017-06-30 464 90
2017-03-31 392 74 110
2016-12-31 448 71
2016-09-30 405 53
2016-06-30 380 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • DHP India's earnings are expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if DHP India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:531306 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from DHP India Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:531306 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:531306 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 42.97
2018-12-31 36.93
2018-09-30 46.86
2018-06-30 43.50
2018-03-31 43.10
2017-12-31 45.34
2017-09-30 30.73
2017-06-30 30.07
2017-03-31 36.51
2016-12-31 23.80
2016-09-30 17.64
2016-06-30 18.65

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if DHP India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess DHP India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DHP India has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

531306 Past Performance

  How has DHP India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DHP India's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DHP India's year on year earnings growth rate has been positive over the past 5 years.
  • DHP India's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • DHP India's 1-year earnings growth is negative, it can't be compared to the IN Machinery industry average.
Earnings and Revenue History
DHP India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DHP India Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:531306 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 637.81 128.92 87.83
2018-12-31 570.57 110.77 84.87
2018-09-30 572.47 140.62 86.06
2018-06-30 509.64 130.53 80.04
2018-03-31 511.65 129.29 77.83
2017-12-31 476.68 136.03 75.78
2017-09-30 465.05 92.17 69.09
2017-06-30 464.07 90.20 68.50
2017-03-31 391.94 109.53 65.97
2016-12-31 447.75 71.42 62.29
2016-09-30 405.13 52.95 58.40
2016-06-30 380.37 55.96 56.94
2016-03-31 366.97 49.03 58.09
2015-12-31 355.13 47.63 81.51
2015-09-30 365.99 52.23 79.04
2015-06-30 392.79 48.24 77.91
2015-03-31 407.70 57.68 50.41
2014-12-31 444.83 68.88 62.56
2014-09-30 479.05 80.01 60.91
2014-06-30 489.10 74.36 58.31
2014-03-31 495.14 74.02 56.82
2013-12-31 379.38 60.55 52.24
2013-09-30 326.17 41.70 49.31
2013-06-30 301.48 45.88 45.04
2013-03-31 253.83 33.31 41.10
2012-12-31 236.32 34.12 41.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • DHP India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • DHP India used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
  • DHP India has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess DHP India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DHP India has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

531306 Health

 How is DHP India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DHP India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DHP India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DHP India has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DHP India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 20.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DHP India Company Filings, last reported 3 months ago.

BSE:531306 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 709.54 31.29 431.52
2018-12-31 636.98 24.45 397.43
2018-09-30 636.98 24.45 397.43
2018-06-30 589.67 29.74 340.83
2018-03-31 589.67 29.74 340.83
2017-12-31 505.41 29.49 332.00
2017-09-30 505.41 29.49 332.00
2017-06-30 447.21 17.67 239.93
2017-03-31 467.60 17.67 255.71
2016-12-31 386.42 37.13 203.91
2016-09-30 386.42 37.13 203.91
2016-06-30 358.07 26.73 164.78
2016-03-31 358.07 26.73 164.78
2015-12-31 340.70 48.58 139.97
2015-09-30 340.70 48.58 139.97
2015-06-30 316.26 37.47 115.16
2015-03-31 316.26 37.47 115.16
2014-12-31 293.87 46.05 94.98
2014-09-30 293.87 46.05 94.98
2014-06-30 263.98 22.57 40.74
2014-03-31 263.98 22.57 40.74
2013-12-31 219.16 6.01 13.68
2013-09-30 219.16 6.01 13.68
2013-06-30 195.18 14.13 12.30
2013-03-31 195.18 14.13 12.30
2012-12-31
  • DHP India's level of debt (4.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (8.5% vs 4.4% today).
  • Debt is well covered by operating cash flow (402.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 113.7x coverage).
X
Financial health checks
We assess DHP India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DHP India has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

531306 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.47%
Current annual income from DHP India dividends.
If you bought ₹2,000 of DHP India shares you are expected to receive ₹9 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • DHP India's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.57%).
  • DHP India's dividend is below the markets top 25% of dividend payers in India (2.29%).
Upcoming dividend payment

Purchase DHP India before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:531306 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Machinery Industry Average Dividend Yield Market Cap Weighted Average of 98 Stocks 1.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.5%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:531306 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:531306 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-06-14 2.500 0.433
2019-05-30 2.500 0.431
2018-05-14 2.500 0.482
2017-09-21 2.000 0.406
2016-11-24 2.000 0.676
2016-05-30 2.000 1.508
2015-09-30 1.500 1.486
2014-09-22 1.500 1.169
2013-07-31 1.000 1.976
2013-05-15 1.000 4.171
2012-08-14 0.000 0.000
2012-05-15 0.000 0.000
2011-07-15 0.000 0.000
2010-07-22 1.000 3.199

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DHP India has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but DHP India only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of DHP India's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (17.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess DHP India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DHP India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DHP India has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

531306 Management

 What is the CEO of DHP India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Asheesh Dabriwal
COMPENSATION ₹0
AGE 52
CEO Bio

Sri. Asheesh Dabriwal, BCom serves as the Managing Director and Chief Executive Officer of DHP India Ltd and has been its Director since April 26, 1991.

CEO Compensation
  • Insufficient data for Asheesh to compare compensation growth.
  • Asheesh's remuneration is lower than average for companies of similar size in India.
Management Team

Asheesh Dabriwal

TITLE
CEO, MD and Executive & Promoter Director
AGE
52

Ashok Singh

TITLE
Chief Financial Officer
COMPENSATION
₹3M
TENURE
24.5 yrs

Janak Bhardwaj

TITLE
COO, Works Manager & Executive Director
AGE
56

Suruchi Tiwari

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹92K
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the DHP India board of directors in years:

16.5
Average Tenure
52
Average Age
  • The average tenure for the DHP India board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Asheesh Dabriwal

TITLE
CEO, MD and Executive & Promoter Director
AGE
52
TENURE
28.3 yrs

Janak Bhardwaj

TITLE
COO, Works Manager & Executive Director
AGE
56
TENURE
21.1 yrs

Buddhadeb Basu

TITLE
Lead Independent Director
COMPENSATION
₹10K
AGE
52

Subrata Haldar

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
AGE
57
TENURE
16.2 yrs

Anjum Dhandhania

TITLE
Non-Executive Women Director
COMPENSATION
₹10K
AGE
49
TENURE
16.5 yrs

Surajit Raha

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
AGE
52
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess DHP India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DHP India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

531306 News

Simply Wall St News

531306 Company Info

Description

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 regulators, as well as hose assemblies and brass fittings. It also exports its products. The company was incorporated in 1991 and is based in Kolkata, India.

Details
Name: DHP India Limited
531306
Exchange: BSE
Founded: 1991
₹1,625,850,000
3,000,000
Website: http://dilindia.co.in
Address: DHP India Limited
10 Middleton Row,
Kolkata,
West Bengal, 700071,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 531306 Equity Shares Mumbai Stock Exchange IN INR 24. Nov 2004
Number of employees
Current staff
Staff numbers
222
DHP India employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:33
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2018/05/14
Last earnings filing: 2019/06/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.