D & H India Ltd
D & H India Ltd does manufacturing and sale of welding consumable and Metallurgical Cored Wire
- Market Cap ₹ 181 Cr.
- Current Price ₹ 222
- High / Low ₹ 274 / 91.7
- Stock P/E 54.0
- Book Value ₹ 52.2
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 7.00 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.24 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.88% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment
S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % |
---|---|---|---|---|---|---|---|---|---|---|
1. | Esab India | 4330.65 | 38.70 | 6666.18 | 2.56 | 40.38 | 6.40 | 337.49 | 11.96 | 75.86 |
2. | Ador Welding | 850.25 | 17.11 | 1479.67 | 2.18 | 15.41 | -17.64 | 273.96 | 4.82 | |
3. | Diffusion Eng | 273.50 | 34.90 | 1023.61 | 0.00 | 6.39 | 73.54 | 15.93 | ||
4. | GEE | 122.00 | 47.46 | 317.06 | 0.00 | 1.29 | -64.56 | 80.95 | -4.33 | 9.30 |
5. | Royal Arc | 175.45 | 16.32 | 194.75 | 0.00 | 44.07 | ||||
6. | D & H India | 221.55 | 53.99 | 181.41 | 0.00 | 1.69 | 49.56 | 55.20 | 28.67 | 10.12 |
7. | Auro Impex | 52.00 | 13.30 | 63.44 | 0.00 | 2.32 | -30.75 | 82.17 | -38.24 | 19.82 |
Median: 6 Co. | 247.53 | 36.8 | 670.34 | 0.0 | 6.39 | -5.62 | 80.95 | 8.39 | 15.93 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
68 | 69 | 66 | 62 | 60 | 69 | 79 | 79 | 68 | 91 | 139 | 158 | 196 | |
63 | 65 | 62 | 59 | 56 | 65 | 74 | 77 | 66 | 86 | 129 | 148 | 184 | |
Operating Profit | 5 | 5 | 3 | 3 | 4 | 4 | 6 | 2 | 2 | 5 | 9 | 10 | 13 |
OPM % | 8% | 7% | 5% | 6% | 6% | 5% | 7% | 2% | 3% | 5% | 7% | 6% | 6% |
0 | 0 | 1 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 2 | 3 | 4 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 4 | 3 | 2 | 1 | 1 | 0 | 2 | -2 | -1 | 2 | 6 | 5 | 6 |
Tax % | 33% | 35% | 27% | 31% | 33% | 28% | 22% | -9% | -19% | -7% | 26% | 41% | |
3 | 2 | 1 | 0 | 0 | 0 | 2 | -2 | -1 | 2 | 4 | 3 | 3 | |
EPS in Rs | 3.50 | 2.58 | 1.59 | 0.54 | 0.49 | 0.43 | 2.65 | -2.27 | -1.01 | 3.27 | 5.37 | 3.32 | 4.10 |
Dividend Payout % | 14% | 19% | 31% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 33% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 78% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 72% |
3 Years: | 97% |
1 Year: | 112% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
Reserves | 19 | 21 | 21 | 21 | 22 | 22 | 24 | 22 | 21 | 24 | 29 | 33 | 35 |
4 | 5 | 10 | 13 | 14 | 13 | 16 | 15 | 15 | 18 | 28 | 45 | 52 | |
13 | 20 | 17 | 15 | 16 | 19 | 17 | 15 | 12 | 16 | 19 | 14 | 18 | |
Total Liabilities | 43 | 53 | 55 | 58 | 59 | 62 | 65 | 60 | 56 | 66 | 84 | 100 | 113 |
15 | 19 | 21 | 21 | 20 | 18 | 17 | 15 | 14 | 16 | 20 | 28 | 38 | |
CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 4 | 0 |
Investments | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
26 | 31 | 32 | 35 | 37 | 41 | 46 | 43 | 40 | 47 | 62 | 67 | 73 | |
Total Assets | 43 | 53 | 55 | 58 | 59 | 62 | 65 | 60 | 56 | 66 | 84 | 100 | 113 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 4 | 1 | -1 | 2 | 2 | -1 | -0 | 2 | 1 | 5 | -0 | |
-3 | -6 | -2 | -1 | -2 | -0 | 0 | 1 | -1 | -5 | -9 | -14 | |
-1 | -0 | 1 | 2 | -1 | -2 | 1 | -1 | -2 | 4 | 4 | 15 | |
Net Cash Flow | 2 | -2 | 0 | 0 | -0 | -0 | 0 | -0 | -0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 67 | 60 | 80 | 76 | 76 | 73 | 71 | 84 | 71 | 73 | 79 |
Inventory Days | 61 | 119 | 146 | 155 | 197 | 176 | 169 | 160 | 157 | 135 | 94 | 75 |
Days Payable | 49 | 100 | 79 | 81 | 87 | 100 | 77 | 62 | 54 | 63 | 48 | 25 |
Cash Conversion Cycle | 81 | 86 | 127 | 155 | 186 | 152 | 165 | 170 | 187 | 143 | 119 | 129 |
Working Capital Days | 50 | 50 | 73 | 104 | 123 | 113 | 126 | 130 | 155 | 127 | 117 | 125 |
ROCE % | 16% | 12% | 7% | 5% | 5% | 5% | 10% | 1% | 1% | 8% | 13% | 10% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - DP) Regulation 2018, please find enclosed herewith the confirmation Certificate received from M/s Ankit Consultancy Private Limited, the RTA of the Company for the quarter …
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Announcement under Regulation 30 (LODR)-Change in Management
31 Mar - Appointment of Mrs. Atithi Vora as Whole-time Director.
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Board Meeting Outcome for Outcome Of Board Meeting
31 Mar - Appointment of new Whole Time Director and remuneration changes.
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Closure of Trading Window
27 Mar - Closure of trading window from April 1, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Dear Sir, Pursuant to Regulation 30read with Schedule III Part A (A) and in compliance with Regulation 47(1)(b) of SEBI (LODR) Regulation 2015, we here …
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Products Profile:[1]
a) Manual Metal Arc Electrodes
b) Submerged Arc Welding Flux & Wires
c) CO2 Welding Wires
d) Flux Cored Wires
e) Filler Wires
f) Metallurgical Cored Wire
g) Stainless steel wires