Declared Dividend • May 29
Final dividend of ₹1.50 announced Shareholders will receive a dividend of ₹1.50. Ex-date: 11th August 2026 Payment date: 17th September 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (6% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 93% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹26.02 (vs ₹41.16 in FY 2025) Full year 2026 results: EPS: ₹26.02 (down from ₹41.16 in FY 2025). Revenue: ₹4.54b (down 14% from FY 2025). Net income: ₹911.4m (down 37% from FY 2025). Profit margin: 20% (down from 27% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 19
Dhunseri Ventures Limited to Report Fiscal Year 2026 Results on May 26, 2026 Dhunseri Ventures Limited announced that they will report fiscal year 2026 results on May 26, 2026 Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹0.12 loss per share (vs ₹26.68 profit in 3Q 2025) Third quarter 2026 results: ₹0.12 loss per share (down from ₹26.68 profit in 3Q 2025). Revenue: ₹900.8m (down 47% from 3Q 2025). Net loss: ₹4.37m (down 100% from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Jan 29
Dhunseri Ventures Limited to Report Nine Months, 2026 Results on Feb 11, 2026 Dhunseri Ventures Limited announced that they will report nine months, 2026 results on Feb 11, 2026 New Risk • Jan 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.93b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₹8.93b market cap, or US$97.5m). New Risk • Nov 12
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 26% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Announcement • Nov 03
Dhunseri Ventures Limited to Report Q2, 2026 Results on Nov 11, 2025 Dhunseri Ventures Limited announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.3% average weekly change). Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹295, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 42% over the past three years. Announcement • Aug 02
Dhunseri Ventures Limited to Report Q1, 2026 Results on Aug 11, 2025 Dhunseri Ventures Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Upcoming Dividend • Jul 25
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 01 August 2025. Payment date: 07 September 2025. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (1.1%). Reported Earnings • Jul 18
Full year 2025 earnings released: EPS: ₹41.16 (vs ₹43.71 in FY 2024) Full year 2025 results: EPS: ₹41.16 (down from ₹43.71 in FY 2024). Revenue: ₹5.30b (up 17% from FY 2024). Net income: ₹1.44b (down 5.8% from FY 2024). Profit margin: 27% (down from 34% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Declared Dividend • May 22
Dividend of ₹5.00 announced Dividend of ₹5.00 is the same as last year. Ex-date: 1st August 2025 Payment date: 7th September 2025 Dividend yield will be 1.5%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 21
Dhunseri Ventures Limited announces Annual dividend, payable on September 07, 2025 Dhunseri Ventures Limited announced Annual dividend of INR 5.0000 per share payable on September 07, 2025, ex-date on August 01, 2025 and record date on August 01, 2025. Announcement • May 20
Dhunseri Ventures Limited, Annual General Meeting, Aug 08, 2025 Dhunseri Ventures Limited, Annual General Meeting, Aug 08, 2025, at 12:00 Indian Standard Time. Announcement • May 05
Dhunseri Ventures Limited to Report Fiscal Year 2025 Results on May 20, 2025 Dhunseri Ventures Limited announced that they will report fiscal year 2025 results on May 20, 2025 Announcement • Apr 14
Dhunseri Ventures Limited Announces Change in Designation of Bharati Dhanuka, Effective April 10, 2025 Dhunseri Ventures Limited announced that Mrs. Bharati Dhanuka who was appointed as Additional Director in the capacity of Non-Executive Director at the board meeting held on February 07, 2025 has been appointed as a Non-Executive Non- Independent Director of the Company effective April 10, 2025. Reason Of Change Appointment of Mrs. Bharati Dhanuka (B.Dhanuka) as the Non- Executive Non-Independent Director pursuant to provisions of Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Mrs. Bharati Dhanuka holds a Bachelor's degree in Business Administration and a Masters in Mass Communication from the University of Madras. She also holds Diploma in Fashion Production (Accessories) from the University of Arts, London. She is on the Board of several Companies of the Group. She is actively involved in the business of gift packaging since a decade under brand "The Packaging Tree" and is presently heading the brand "Paparaty" an online shop in India and Singapore which provides a wide range of personalized products and gift packaging solutions. Ms. B.Dhanuka is the daughter in law of Mr. C.K.Dhanuka, Executive Chairman and Mrs. A. Dhanuka, Managing Director of the Company and sister of Mr. Bharat Jhaver, Director of the Company. Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Advisor to the Board Mrigank Dhanuka was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹26.68 (vs ₹3.54 in 3Q 2024) Third quarter 2025 results: EPS: ₹26.68 (up from ₹3.54 in 3Q 2024). Revenue: ₹1.69b (up 124% from 3Q 2024). Net income: ₹934.4m (up ₹810.3m from 3Q 2024). Profit margin: 55% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Feb 07
Dhunseri Ventures Limited Announces Board Changes Dhunseri Ventures Limited at its Board of Directors Meeting held on February 07, 2025 approved Resignation Mr. Mrigank Dhanuka (M.Dhanuka) has resigned from the position of Vice-Chairman in the capacity of Whole-Time Director with effect from 7th February, 2025. Pursuant to his aforesaid resignation, it is hereby informed that Mr. M.Dhanuka has been appointed as an Advisor to the Board of the Company, as approved by the Board at its Meeting. Announcement • Jan 22
Dhunseri Ventures Limited to Report Q3, 2025 Results on Feb 07, 2025 Dhunseri Ventures Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹365, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 76% over the past three years. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹19.35 (vs ₹21.66 in 2Q 2024) Second quarter 2025 results: EPS: ₹19.35 (down from ₹21.66 in 2Q 2024). Revenue: ₹1.69b (up 170% from 2Q 2024). Net income: ₹677.7m (down 11% from 2Q 2024). Profit margin: 40% (down from 121% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Oct 24
Dhunseri Ventures Limited to Report Q2, 2025 Results on Nov 09, 2024 Dhunseri Ventures Limited announced that they will report Q2, 2025 results on Nov 09, 2024 Buy Or Sell Opportunity • Oct 04
Now 20% undervalued Over the last 90 days, the stock has risen 30% to ₹474. The fair value is estimated to be ₹594, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 17%. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹501, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 24x in the Capital Markets industry in India. Total returns to shareholders of 82% over the past three years. New Risk • Sep 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (32% net profit margin). Announcement • Aug 22
Dhunseri Ventures Limited Announces Board Appointments Dhunseri Ventures Limited at its AGM held on August 21, 2024 approved appointment of Mrs. Aaradhana Jhunjhunwala as an Independent Director of the Company; appointment of Mr. Siddhartha Rampuria as an Independent Director. Upcoming Dividend • Aug 06
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 13 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.1%). In line with average of industry peers (1.4%). Announcement • Aug 02
Dhunseri Ventures Limited to Report Q1, 2025 Results on Aug 12, 2024 Dhunseri Ventures Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Reported Earnings • Jul 30
Full year 2024 earnings released: EPS: ₹43.71 (vs ₹155 in FY 2023) Full year 2024 results: EPS: ₹43.71 (down from ₹155 in FY 2023). Revenue: ₹4.53b (up 53% from FY 2023). Net income: ₹1.53b (down 72% from FY 2023). Profit margin: 34% (down from 183% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 25
Dhunseri Ventures Limited Recommends Dividend, Payable on or After August 23, 2024 The Board of Directors of Dhunseri Ventures Limited at their Meeting held on May 24, 2024 have recommended declaration of dividend on the Equity Shares of the Company at INR 5.00/- per share. The cut-off date for dividend is August 13, 2024. The aforesaid dividend to the Equity Shareholders, if approved at the forthcoming AGM will be paid on or after 23rd August, 2024. The Register of Members and share transfer books will remain closed from 14th August, 2024 to 20 August, 2024 (both days inclusive) for the purpose of AGM and payment of dividend. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹363, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 292% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹395, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 384% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹3.54 (vs ₹24.25 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.54 (down from ₹24.25 in 3Q 2023). Revenue: ₹753.6m (up 41% from 3Q 2023). Net income: ₹124.1m (down 85% from 3Q 2023). Profit margin: 17% (down from 159% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 09
Now 22% undervalued Over the last 90 days, the stock has risen 52% to ₹491. The fair value is estimated to be ₹626, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Feb 01
Dhunseri Ventures Limited to Report Q3, 2024 Results on Feb 09, 2024 Dhunseri Ventures Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹414, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 538% over the past three years. New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (93% net profit margin). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹321, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 437% over the past three years. New Risk • Nov 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 93% Last year net profit margin: 184% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (93% net profit margin). Announcement • Oct 31
Dhunseri Ventures Limited to Report Q2, 2024 Results on Nov 07, 2023 Dhunseri Ventures Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹306, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 24x in the Capital Markets industry in India. Total returns to shareholders of 462% over the past three years. Announcement • Sep 21
Dhunseri Ventures Limited Approves Declaration of Dividend on Equity Shares for Fiscal Year Ended March 31, 2023 Dhunseri Ventures Limited approved declaration of dividend on Equity Shares of INR 5 per equity share for fiscal year ended March 31, 2023 at the Annual General Meeting held on September 20, 2023. Upcoming Dividend • Sep 06
Upcoming dividend of ₹5.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 3.2% but the company is not cash flow positive. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.3%). In line with average of industry peers (1.9%). Reported Earnings • Aug 07
Full year 2023 earnings released: EPS: ₹155 (vs ₹103 in FY 2022) Full year 2023 results: EPS: ₹155 (up from ₹103 in FY 2022). Revenue: ₹2.96b (down 6.8% from FY 2022). Net income: ₹5.42b (up 51% from FY 2022). Over the last 3 years on average, earnings per share has increased by 77% per year whereas the company’s share price has increased by 73% per year. Announcement • Aug 01
Dhunseri Ventures Limited to Report Q1, 2024 Results on Aug 08, 2023 Dhunseri Ventures Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Sameer Sah was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 25
Dhunseri Ventures Limited, Annual General Meeting, Sep 20, 2023 Dhunseri Ventures Limited, Annual General Meeting, Sep 20, 2023, at 14:30 Indian Standard Time. Agenda: To consider board changes. Reported Earnings • May 25
Full year 2023 earnings released: EPS: ₹155 (vs ₹103 in FY 2022) Full year 2023 results: EPS: ₹155 (up from ₹103 in FY 2022). Revenue: ₹3.09b (down 2.8% from FY 2022). Net income: ₹5.42b (up 51% from FY 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Announcement • May 25
Dhunseri Ventures Limited Recommends Dividend, Payable on or After 24 September, 2023 Dhunseri Ventures Limited recommended payment of dividend of INR. 5.00/- per equity share. If approved at the forth coming annual general meeting, dividend will be paid on or after 24 September 2023. Announcement • May 17
Dhunseri Ventures Limited to Report Fiscal Year 2023 Results on May 24, 2023 Dhunseri Ventures Limited announced that they will report fiscal year 2023 results at 12:15 PM, Indian Standard Time on May 24, 2023 Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹9.04 (vs ₹23.97 in 3Q 2022) Third quarter 2023 results: EPS: ₹9.04 (down from ₹23.97 in 3Q 2022). Revenue: ₹970.8m (up 94% from 3Q 2022). Net income: ₹95.0m (down 89% from 3Q 2022). Profit margin: 9.8% (down from 168% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Dhunseri Ventures Limited to Report Q3, 2023 Results on Feb 11, 2023 Dhunseri Ventures Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 11, 2023 Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹61.47 (vs ₹16.83 in 2Q 2022) Second quarter 2023 results: EPS: ₹61.47 (up from ₹16.83 in 2Q 2022). Revenue: ₹705.6m (up 14% from 2Q 2022). Net income: ₹2.15b (up 265% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 18% share price gain to ₹255, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 289% over the past three years. Announcement • Nov 04
Dhunseri Ventures Limited to Report Q2, 2023 Results on Nov 09, 2022 Dhunseri Ventures Limited announced that they will report Q2, 2023 results on Nov 09, 2022 Announcement • Aug 09
Dhunseri Ventures Limited Approves Declaration of Dividend for the Fiscal Year Ended March 31, 2022 Dhunseri Ventures Limited at its AGM held on August 08, 2022, approved the declaration of dividend on the Equity Shares of the Company at INR 4.00 per share for the fiscal year ended March 31, 2022. Announcement • Aug 03
Dhunseri Ventures Limited to Report Q1, 2023 Results on Aug 08, 2022 Dhunseri Ventures Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Upcoming Dividend • Jul 22
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 29 July 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 3.9% but the company is not cash flow positive. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (2.4%). Reported Earnings • Jul 14
Full year 2022 earnings released: EPS: ₹103 (vs ₹66.31 in FY 2021) Full year 2022 results: EPS: ₹103 (up from ₹66.31 in FY 2021). Revenue: ₹3.31b (up 55% from FY 2021). Net income: ₹3.59b (up 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 26
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹103 (up from ₹66.31 in FY 2021). Revenue: ₹3.31b (up 55% from FY 2021). Net income: ₹3.59b (up 55% from FY 2021). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 228%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Dhunseri Ventures Limited to Report Fiscal Year 2022 Results on May 25, 2022 Dhunseri Ventures Limited announced that they will report fiscal year 2022 results on May 25, 2022 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹264, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 17x in the Capital Markets industry in India. Total returns to shareholders of 211% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: ₹23.97 (up from ₹17.83 in 3Q 2021). Revenue: ₹499.8m (down 28% from 3Q 2021). Net income: ₹839.6m (up 34% from 3Q 2021). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 228%. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Dhunseri Ventures Limited to Report Q3, 2022 Results on Feb 10, 2022 Dhunseri Ventures Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Announcement • Dec 18
Dhunseri Tea & Industries Limited (BSE:538902) signed a Memorandum of Understanding to acquire Balijan North Tea Estate from Dhunseri Ventures Limited (BSE:523736) for INR 270 million. Dhunseri Tea & Industries Limited (BSE:538902) signed a Memorandum of Understanding to acquire Balijan North Tea Estate from Dhunseri Ventures Limited (BSE:523736) for INR 270 million on December 16, 2021. Balijan North Tea Estate recorded revenue of INR 213.6 million. The transaction is expected to close on March 31, 2022. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹286, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 19x in the Capital Markets industry in India. Total returns to shareholders of 161% over the past three years. Upcoming Dividend • Jul 29
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 05 August 2021. Payment date: 12 September 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.6%). Reported Earnings • Jul 18
Full year 2021 earnings released: EPS ₹66.31 (vs ₹15.63 loss in FY 2020) Full year 2021 results: Revenue: ₹2.13b (up 111% from FY 2020). Net income: ₹2.32b (up ₹2.87b from FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 44% per year. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 25% share price gain to ₹297, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 20% share price gain to ₹235, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 115% over the past three years. Reported Earnings • Jun 05
Full year 2021 earnings released: EPS ₹66.31 (vs ₹15.63 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.37b (up 134% from FY 2020). Net income: ₹2.32b (up ₹2.87b from FY 2020). Profit margin: 98% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jun 03
Dhunseri Ventures Limited Recommends Declaration of Dividend, Payable on or After 17 August 2021 Dhunseri Ventures Limited recommended declaration of dividend on the equity shares of the company at INR 2.50/-per share, at the Board Directors meeting held on June 2, 2021. The cut-off date for dividend is 6 August 2021. The aforesaid dividend to the Equity Shareholders, if approved at the upcoming AGM will be paid on or after 17 August 2021. The Register of Members and share transfer books will remain closed from 7 August 2021 to
13 August, 2021 (both days inclusive) for the purpose of AGM and payment of dividend. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 16% share price gain to ₹158, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 20% share price gain to ₹114, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 19x in the Chemicals industry in India. Total loss to shareholders of 20% over the past three years. Announcement • Mar 19
Dhunseri Ventures Limited Appoints Sameer Sah as an Additional Director The board of Dhunseri Ventures Limited at its meeting held on 17th March, 2021 appointed Mr. Sameer Sah as an Additional Director of the Company. Brief profile of the Director: Mr. Sameer Sah is a partner in the Corporate and Commercial Practice Group of Khaitan & Co. He specialises in the areas of corporate advisory, M&A, joint ventures, foreign investments, and private equity. Is New 90 Day High Low • Mar 10
New 90-day high: ₹101 The company is up 49% from its price of ₹67.35 on 10 December 2020. The Indian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period. Announcement • Mar 10
Choicest Enterprises Ltd acquired a remaining 25% stake in Tastetaria Private Limited from Dhunseri Petrochem Limited (BSE:523736) for INR 0.07 million. Choicest Enterprises Ltd acquired remaining 25% stake in Tastetaria Private Limited from Dhunseri Petrochem Limited (BSE:523736) for INR 0.07 million on March 8, 2021. For the year ended March 31, 2021, Tastetaria Private Limited reported a loss of INR 26.72 million.
Choicest Enterprises Ltd completed the acquisition of remaining 25% stake in Tastetaria Private Limited from Dhunseri Petrochem Limited (BSE:523736) for INR 0.07 million on March 8, 2021. Is New 90 Day High Low • Feb 10
New 90-day high: ₹89.00 The company is up 49% from its price of ₹59.55 on 12 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 16% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹17.83 (vs ₹3.86 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹696.5m (up 86% from 3Q 2020). Net income: ₹624.6m (up ₹759.9m from 3Q 2020). Profit margin: 90% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jan 29
Dhunseri Ventures Limited to Report Q3, 2021 Results on Feb 09, 2021 Dhunseri Ventures Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Announcement • Jan 20
Dhunseri Ventures Limited Announces Resignation of Siddharth Rampuria as Independent Director Dhunseri Ventures Limited announced that Mr. Siddharth Rampuria has resigned from the post of Independent Director of the Company, with effect from January 18, 2021. Is New 90 Day High Low • Dec 16
New 90-day high: ₹70.60 The company is up 22% from its price of ₹57.95 on 17 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: ₹64.10 The company is up 6.0% from its price of ₹60.55 on 28 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Chemicals industry, which is also up 6.0% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹14.12 Second quarter 2021 results: Revenue: ₹356.9m (up 9.4% from 2Q 2020). Net income: ₹494.5m (up ₹477.8m from 2Q 2020). Announcement • Nov 01
Dhunseri Ventures Limited to Report Q2, 2021 Results on Nov 11, 2020 Dhunseri Ventures Limited announced that they will report Q2, 2021 results on Nov 11, 2020 
