D & H India Ltd

D & H India Ltd

₹ 129 -1.87%
21 Nov - close price
About

D & H India Ltd does manufacturing and sale of welding consumable and Metallurgical Cored Wire

Key Points

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

  • Market Cap 105 Cr.
  • Current Price 129
  • High / Low 196 / 72.3
  • Stock P/E 35.2
  • Book Value 53.0
  • Dividend Yield 0.00 %
  • ROCE 9.91 %
  • ROE 6.73 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.69% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
20.16 23.70 30.90 32.33 30.43 36.49 39.44 33.25 35.50 42.90 46.18 44.47 50.31
19.12 22.39 29.45 30.20 28.31 33.83 36.97 31.41 33.40 40.17 43.35 41.70 47.18
Operating Profit 1.04 1.31 1.45 2.13 2.12 2.66 2.47 1.84 2.10 2.73 2.83 2.77 3.13
OPM % 5.16% 5.53% 4.69% 6.59% 6.97% 7.29% 6.26% 5.53% 5.92% 6.36% 6.13% 6.23% 6.22%
0.06 0.20 0.23 0.05 0.04 0.02 0.05 0.02 0.02 0.02 0.12 0.01 0.03
Interest 0.28 0.35 0.41 0.46 0.53 0.56 0.53 0.69 0.72 0.81 0.78 1.01 1.04
Depreciation 0.46 0.45 0.28 0.40 0.43 0.44 0.47 0.47 0.47 0.51 0.63 0.68 0.68
Profit before tax 0.36 0.71 0.99 1.32 1.20 1.68 1.52 0.70 0.93 1.43 1.54 1.09 1.44
Tax % -19.44% 5.63% -11.11% 6.82% 19.17% 34.52% 38.82% 12.86% 44.09% 30.07% 64.29% 27.52% 54.17%
0.43 0.67 1.10 1.23 0.97 1.10 0.92 0.62 0.53 1.01 0.55 0.79 0.65
EPS in Rs 0.58 0.91 1.49 1.66 1.31 1.41 1.18 0.76 0.65 1.23 0.67 0.96 0.79
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
69 71 66 63 60 69 79 79 68 91 139 158 184
64 66 63 59 56 65 74 77 66 86 129 148 172
Operating Profit 5 5 3 3 4 3 6 2 2 5 9 10 11
OPM % 8% 7% 5% 5% 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 2 2 2 1 1 2 3 4
Depreciation 1 1 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 4 3 2 0 0 0 2 -2 -1 2 6 5 6
Tax % 33% 35% 27% 38% 42% 40% 22% -9% -18% -7% 26% 41%
3 2 1 0 0 0 2 -2 -1 2 4 3 3
EPS in Rs 3.50 2.65 1.59 0.39 0.39 0.26 2.58 -2.32 -1.05 3.24 5.42 3.30 3.65
Dividend Payout % 14% 19% 31% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 15%
3 Years: 33%
TTM: 27%
Compounded Profit Growth
10 Years: 3%
5 Years: 6%
3 Years: 75%
TTM: -5%
Stock Price CAGR
10 Years: 22%
5 Years: 49%
3 Years: 82%
1 Year: 69%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 9%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 20 21 22 22 23 23 25 23 22 24 30 34 35
4 5 10 14 15 13 16 16 15 18 28 45 52
13 21 17 15 16 19 17 15 12 16 19 14 18
Total Liabilities 45 54 56 59 60 63 65 61 56 66 85 101 114
16 20 22 22 21 19 18 16 14 17 21 29 39
CWIP 0 1 0 0 0 0 0 0 1 0 0 4 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 1
28 33 34 37 39 43 47 45 41 49 63 68 74
Total Assets 45 54 56 59 60 63 65 61 56 66 85 101 114

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4 4 1 -1 2 2 -1 -0 2 1 5 -0
-0 -6 -1 -0 -2 0 0 1 -1 -5 -9 -14
-1 -1 1 2 -1 -3 1 -1 -2 4 4 15
Net Cash Flow 2 -2 0 0 -0 -0 -0 -0 -0 -0 0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 71 68 64 85 81 80 76 74 88 73 74 80
Inventory Days 68 124 151 161 202 180 172 164 161 138 96 76
Days Payable 50 99 79 81 86 100 77 62 54 63 48 25
Cash Conversion Cycle 90 93 137 165 196 160 172 176 194 148 122 132
Working Capital Days 56 52 80 111 130 119 131 135 161 132 120 127
ROCE % 16% 12% 7% 5% 5% 4% 9% 1% 1% 8% 13% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
48.92% 48.92% 48.92% 48.92% 51.46% 49.81% 52.26% 52.26% 52.26% 52.26% 52.26% 52.26%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
51.05% 51.05% 51.05% 51.07% 48.51% 50.15% 47.71% 47.71% 47.71% 47.70% 47.71% 47.71%
No. of Shareholders 3,8153,8023,8494,1904,3033,9834,2144,3314,7944,8814,8395,574

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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