Dhanada Corporation Ltd

₹ 2.30 -4.96%

04 Mar 2024

About

Incorporated in 1986, Dhanada Corporation Ltd (formerly known as Vedant Hotels Private Ltd) is primarily engaged in the business of Hospitality /Hotels.

Key Points

Business Overview:^[1]
Company established a Five Star Hotel (VITS Aurangabad) at Aurangabad. The hotel has 100 luxuries guest rooms with required amenities. The hotel is spread over an area of 1.5 acres. Company entered into a Management Agreement with Vits Hotels Worldwide Private Limited for management of day to day operations of the Hotel.

Website BSE

Market Cap ₹ 12.9 Cr.
Current Price ₹ 2.30
High / Low ₹ 2.54 / 1.79
Stock P/E
Book Value ₹ 3.17
Dividend Yield 0.00 %
ROCE -1.28 %
ROE -16.4 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Stock is trading at 0.73 times its book value

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -6.20% over past five years.
Company has a low return on equity of -12.1% over last 3 years.

* 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: Hotels & Restaurants Industry: Hotels

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Sep 2014	Dec 2014	Mar 2015	Jun 2015	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017
	1.78	2.45	2.42	1.92	1.82	2.36	2.43	1.70	1.71	2.63	2.78	2.59	2.44
	1.56	1.82	2.12	1.47	1.47	1.79	1.77	1.54	1.64	1.86	2.59	2.07	2.05
Operating Profit	0.22	0.63	0.30	0.45	0.35	0.57	0.66	0.16	0.07	0.77	0.19	0.52	0.39
OPM %	12.36%	25.71%	12.40%	23.44%	19.23%	24.15%	27.16%	9.41%	4.09%	29.28%	6.83%	20.08%	15.98%
	0.02	0.01	-4.06	0.01	0.01	0.01	-2.18	0.01	0.02	0.02	-0.91	0.01	0.02
Interest	0.38	0.68	1.03	0.60	0.65	0.65	0.66	0.65	0.75	0.75	0.75	0.83	0.87
Depreciation	0.34	0.34	1.62	0.54	0.77	0.62	0.62	0.62	0.59	0.48	0.41	0.38	0.38
Profit before tax	-0.48	-0.38	-6.41	-0.68	-1.06	-0.69	-2.80	-1.10	-1.25	-0.44	-1.88	-0.68	-0.84
Tax %	0.00%	0.00%	-1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	-0.47	-0.37	-6.32	-0.68	-1.06	-0.69	-2.80	-1.10	-1.25	-0.45	-1.88	-0.68	-0.84
EPS in Rs	-0.08	-0.06	-1.11	-0.12	-0.18	-0.12	-0.50	-0.19	-0.22	-0.08	-0.33	-0.12	-0.14
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	TTM
	2.19	5.11	11.04	12.16	11.40	9.12	8.67	8.53	8.83	10.44
	8.04	5.34	8.44	10.42	9.67	8.03	6.77	6.45	7.52	8.57
Operating Profit	-5.85	-0.23	2.60	1.74	1.73	1.09	1.90	2.08	1.31	1.87
OPM %	-267.12%	-4.50%	23.55%	14.31%	15.18%	11.95%	21.91%	24.38%	14.84%	17.91%
	6.75	0.40	0.11	-0.44	0.11	0.51	-0.09	0.07	0.19	-0.86
Interest	1.86	2.06	2.18	2.25	2.28	2.30	2.37	2.61	2.96	3.20
Depreciation	0.76	1.88	2.10	2.04	2.01	1.95	2.64	2.55	2.11	1.65
Profit before tax	-1.72	-3.77	-1.57	-2.99	-2.45	-2.65	-3.20	-3.01	-3.57	-3.84
Tax %	0.58%	-3.45%	-44.59%	-13.38%	-28.57%	0.75%	-2.81%	0.00%	0.00%
	-1.73	-3.64	-0.87	-2.59	-1.75	-2.67	-3.10	-3.01	-3.57	-3.85
EPS in Rs	-1.14	-0.69	-0.14	-0.46	-0.20	-0.62	-0.53	-0.52	-0.62	-0.67
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Compounded Sales Growth
10 Years:	%
5 Years:	-6%
3 Years:	-1%
TTM:	27%

Compounded Profit Growth
10 Years:	%
5 Years:	-53%
3 Years:	-10%
TTM:	26%

Stock Price CAGR
10 Years:	-12%
5 Years:	19%
3 Years:	-18%
1 Year:	28%

Return on Equity
10 Years:	%
5 Years:	-9%
3 Years:	-12%
Last Year:	-16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Sep 2017
Equity Capital	1.25	4.44	4.91	5.05	5.59	5.59	5.59	5.59	5.59	5.59
Reserves	15.83	19.61	18.50	19.54	27.37	26.79	21.23	16.80	13.13	12.12
	24.99	18.47	19.37	20.30	15.19	16.45	17.49	19.80	22.09	23.82
	3.75	4.12	4.89	5.09	4.59	4.59	3.61	3.72	3.83	3.27
Total Liabilities	45.82	46.64	47.67	49.98	52.74	53.42	47.92	45.91	44.64	44.80
	35.31	42.22	41.90	42.98	42.84	43.17	37.75	34.05	31.95	28.13
CWIP	3.94	0.72	0.67	0.05	0.22	0.63	0.90	1.68	1.81	1.82
Investments	0.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.27	3.70	5.10	6.95	9.68	9.62	9.27	10.18	10.88	14.85
Total Assets	45.82	46.64	47.67	49.98	52.74	53.42	47.92	45.91	44.64	44.80

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017
	11.88	4.19	3.94	1.97	-1.51	1.57	1.15	1.14	1.77
	-19.69	-5.22	-2.32	-0.95	-0.57	-0.58	0.11	-0.81	-0.17
	-3.61	0.32	-1.24	0.18	0.81	-0.98	-1.37	-0.25	-0.61
Net Cash Flow	-11.42	-0.71	0.38	1.20	-1.27	0.01	-0.11	0.08	1.00

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017
Debtor Days	26.67	49.29	27.44	58.83	33.62	31.62	32.42	47.50	41.75
Inventory Days	821.25	60.41	42.25	48.53	35.58	41.95	47.73	46.79	41.21
Days Payable	717.56	531.14	204.08	238.41	221.53	360.80	350.96	346.28	359.11
Cash Conversion Cycle	130.36	-421.44	-134.38	-131.05	-152.32	-287.23	-270.81	-251.99	-276.15
Working Capital Days	431.67	-5.00	-74.06	-30.62	-289.44	-467.06	-551.92	-28.67	-37.20
ROCE %		-4.29%	1.42%	-0.16%	-0.30%	-0.72%	-1.42%	-0.92%	-1.28%

Shareholding Pattern

Numbers in percentages

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022
	59.78%	58.58%	57.78%	55.80%	55.73%	53.70%	53.70%	54.26%	54.70%	54.75%	51.85%	51.67%
	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%
	39.99%	41.19%	42.00%	43.97%	44.04%	46.07%	46.07%	45.51%	45.08%	45.02%	47.92%	48.10%
No. of Shareholders	4,082	4,100	4,108	4,182	4,275	4,233	4,265	4,243	4,309	4,374	4,396	4,448

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
	65.69%	65.70%	64.40%	58.58%	53.70%	54.75%	51.67%
	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%	0.23%
	34.08%	34.08%	35.37%	41.19%	46.07%	45.02%	48.10%
No. of Shareholders	3,999	3,992	4,072	4,100	4,233	4,374	4,448

* 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.

Documents

Announcements

All

Dhanada Corporation Ltd

Dhanada Corporation Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports