Dhanashree Electronics Limited

BSE: DEL542679ISIN INE413F01016

Industrials
Other Electrical Equipment

Share price

₹102.25-2.75 (-2.62%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹302.75
52W low: ₹100.00
Off 52W high: -66.23%
1M return: -18.17%
3M return: -23.12%
6M return: -39.50%
1Y return: -48.85%
20D avg volume: 761
50 DMA: ₹121.85
200 DMA: ₹153.25

Key ratios Standalone

Market cap: ₹145.09 Cr
Current price: ₹102.25
52W high / low: ₹302.75 / ₹100.00
Face value: ₹10.00
P/E: 42.25
P/B: 3.68
EPS (TTM): ₹2.42
Book value / share: ₹27.79
ROE: 8.70%
ROCE: 10.80%
Operating margin: 8.15%
Net margin: 3.51%
Debt / equity: 0.80
Net debt: ₹55.96 Cr
Interest cover: 1.71
Dividend yield: 0.10%
Dividend / share (TTM): ₹0.10
Payout: 4.13%
Cash conversion cycle: 224.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	22.68	48.30	18.26	19.56	25.57	41.69	25.63	17.03	14.04	—
	0.00	12.44	0.01	0.06	0.01	12.37	0.01	0.63	0.01	—
	22.68	60.74	18.26	19.62	25.58	54.06	25.63	17.66	14.06	—
	21.71	59.18	17.36	18.65	24.21	52.00	24.25	16.89	13.60	—
	22.08	45.08	18.49	17.20	22.84	37.28	24.65	18.43	9.28	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.66	0.68	0.84	0.90	0.78	1.15	0.81	0.81	0.66	—
	0.69	1.71	2.30	1.80	0.97	3.41	1.86	1.67	0.55	—
	0.18	0.26	0.21	0.21	0.20	0.17	0.17	0.17	0.17	—
	0.96	1.38	0.85	0.97	1.34	0.57	1.20	1.79	1.18	—
	0.98	1.56	0.90	0.96	1.37	2.06	1.38	0.77	0.46	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.98	1.56	0.90	0.96	1.37	2.06	1.38	0.77	0.46	—
	0.18	0.37	0.20	0.23	0.32	0.59	0.35	0.19	0.08	—
	0.80	1.19	0.71	0.74	1.05	1.47	1.04	0.57	0.38	—
	0.56	0.84	0.50	0.52	0.74	1.04	0.73	0.41	0.27	—
Key metrics
	1.85	3.53	3.41	2.97	2.54	5.64	3.41	2.61	1.18	—
	8.20%	7.30%	18.70%	15.20%	9.90%	13.50%	13.30%	15.30%	8.40%	—
	3.50%	2.50%	3.90%	3.80%	4.10%	3.50%	4.10%	3.30%	2.70%	—
	—	3.00%	—	3.30%	—	6.30%	—	—	—	—
	-11.30%	15.90%	-28.80%	14.90%	82.10%	—	—	—	—	—
	-23.80%	-19.00%	-31.70%	29.80%	176.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	108.80	111.69	98.39	—
	12.51	12.51	13.02	—
	121.30	124.20	111.41	—
	116.90	119.40	106.74	—
	102.85	103.60	90.80	—
	0.00	0.00	0.00	—
	3.08	3.20	3.44	—
	6.50	6.78	7.50	—
	0.86	0.87	0.69	—
	4.16	4.54	3.58	—
	4.40	4.80	4.67	—
	0.00	0.00	0.00	—
	4.40	4.80	4.67	—
	0.98	1.11	1.21	—
	3.44	3.69	3.46	—
	2.42	2.60	2.44	—
Key metrics
	11.76	12.45	12.86	—
	10.81%	11.10%	13.10%	—
	3.16%	3.30%	3.50%	—
	—	10.80%	14.00%	—
	-1.02%	13.50%	—	—
	-16.71%	6.60%	—	—
	—	-8.08	-6.96	—
	—	-2.11	-1.98	—
	—	0.80	1.52	—
	—	55.96	63.65	—
	—	224.5	269.5	—
Balance sheet
	—	156.08	144.02	—
	—	135.06	136.94	—
	—	0.06	0.07	—
	—	38.74	52.95	—
	—	52.57	52.97	—
	—	3.86	0.00	—
	—	4.39	4.92	—
	—	22.61	33.27	—
	—	48.67	56.93	—
	—	56.02	63.72	—
	—	21.71	19.55	—
	—	34.31	44.17	—
	—	69.86	41.91	—
Cash flow
	—	-7.79	-6.84	—
	—	-2.59	13.27	—
	—	10.05	-5.67	—
	—	0.29	0.12	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -1.02%
Profit YoY (TTM): -16.71%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.58%

Quarter	September 2026	June 2026
Promoter %	74.58%	74.58%

Holder	Type	Holding	Previous	Change
Evernew Commodeal Private Limited	Promoter Group	19.56%	—	—
SANTOSH KUMAR TOSHNIWAL	Promoter	8.62%	8.62%	0.00%
Madan Gopal Maheshwari	Promoter	7.33%	7.33%	0.00%
Chand Prakash Toshniwal	Promoter	5.93%	5.93%	0.00%
SANTOSH KUMAR TOSHNIWAL (HUF)	Promoter Group	4.23%	4.23%	0.00%
Veena Devi Toshniwal	Promoter	4.05%	4.05%	0.00%
CHAND PRAKASH TOSHNIWAL & SONS (HUF)	Promoter Group	3.17%	—	—
Lighting Industries Private Limited	Promoter Group	2.98%	—	—
NITESH KUMAR TOSHNIWAL	Promoter	2.89%	2.89%	0.00%
Sunita Devi Toshniwal	Promoter	2.11%	2.11%	0.00%
Yogita Toshniwal	Promoter	1.76%	1.76%	0.00%
Madan Gopal Maheshwari HUF	Promoter Group	1.76%	1.76%	0.00%
Sumitra Devi Toshniwal	Promoter	1.76%	1.76%	0.00%
Durga Devi Toshniwal	Promoter	1.76%	1.76%	0.00%
Abhishek Toshniwal	Promoter	1.70%	1.70%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Waaree Energies Limited	69,097	2,402.10	17.82	30.60%	+75.43% TTM	+38.40% TTM	-28.70%
Apar Industries Ltd	66,997	16,000.25	48.65	29.20%	+23.42% TTM	+46.58% TTM	+91.81%
Premier Energies Limited	41,021	903.65	24.51	27.80%	+26.70% TTM	+59.90% TTM	-13.70%
Diamond Power Infrastructure Limited	23,020	384.90	83.20	10.60%	+109.34% TTM	+347.90% TTM	+147.13%
MTAR Technologies Limited	18,572	6,037.65	139.17	15.30%	+53.39% TTM	+125.19% TTM	+138.94%
Emmvee Photovoltaic Power Limited	17,052	246.30	12.02	34.80%	—	—	—
Avalon Technologies Limited	13,630	2,037.85	102.02	21.90%	+44.38% TTM	+67.08% TTM	+77.35%
Fujiyama Power Systems Limited	12,055	392.80	—	—	—	—	—
Genus Power Infrastructures Ltd	8,724	286.75	13.39	27.40%	+74.17% TTM	+62.75% TTM	-18.78%
WAAREE RENEWABLE TECHNOLOGIES LIMITED	7,643	732.20	16.04	62.50%	+77.69% TTM	+36.11% TTM	-39.28%
Ram Ratna Wires Ltd.	4,979	533.35	35.13	26.60%	+71.52% TTM	+89.64% TTM	+70.55%
Vikram Solar Limited	4,892	135.00	13.71	21.50%	—	—	-58.10%
Saatvik Green Energy Limited	4,666	367.10	18.83	30.80%	—	—	-30.50%
Yash Highvoltage Limited	3,709	1,240.95	—	27.50%	—	—	+151.48%
Websol Energy System Limited S	2,977	68.57	9.50	48.30%	+76.28% TTM	+57.56% TTM	-43.34%
RAVINDRA ENERGY LIMITED	2,817	141.85	48.42	11.30%	+30.04% TTM	+52.97% TTM	—
Rishabh Instruments Limited	2,488	640.80	30.24	13.50%	+5.63% TTM	+117.94% TTM	+64.31%
Modern Insulators Ltd. S	2,195	465.70	22.93	17.30%	+41.45% TTM	+101.32% TTM	+211.92%
ADVAIT ENERGY TRANSITIONS LIMITED	2,058	1,879.35	29.21	28.00%	+47.68% TTM	+64.93% TTM	+6.94%
Schneider Electric President Systems Ltd S	1,847	2,482.25	—	—	—	—	—
HINDUSTHAN INSULATORS and INDUSTRIES LIMITED	1,726	797.30	—	-3.90%	-10.45% TTM	-31.32% TTM	+446.08%
RIR POWER ELECTRONICS LIMITED S	1,163	146.20	123.90	5.90%	+13.31% TTM	+6.92% TTM	-44.25%
MODISON LIMITED	1,160	357.50	10.25	37.30%	+84.80% TTM	+255.83% TTM	+147.06%
Salzer Electronics Ltd.	867	490.45	19.32	18.20%	+20.81% TTM	-36.73% TTM	-36.19%
INDO SMC Limited S	819	358.55	19.93	29.00%	—	—	—
Dhanashree Electronics Limited S	145	102.25	42.25	10.80%	-1.02% TTM	-16.71% TTM	-48.85%

Filings & corporate actions

Recent announcements

Dhanashree Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2026 ,inter alia, to consider and approve the unaudited financial ....3 Nov 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20182 Nov 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are hereby submitting the proceedings of the 39th Annual General Meeting(AGM) held on 30th September 2026. We respectfully submit that the delay in filling the AGM proceedings was due ....8 Oct 2026 · AGM/EGM / AGM
SECRUTINIZER REPORT & DISCLOSURE OF VOTING RESULTS OF 39TH AGM HELD ON 30-09-20261 Oct 2026 · AGM/EGM / AGM
as per letter attached16 Sep 2026 · Company Update / General
as per letter attached16 Sep 2026 · AGM/EGM / AGM
as per letter attached17 Aug 2026 · Company Update / Newspaper Publication
as per letter attached12 Aug 2026 · Company Update / General
as per letter attached12 Aug 2026 · Result / Financial Results
as per letter attached12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Dhanashree Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve as per letter attached28 Jul 2026 · Board Meeting / Board Meeting
as per letter attached25 Jul 2026 · Company Update / General
The Exchange has sought clarification from Dhanashree Electronics Ltd on July 23, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....23 Jul 2026 · Company Update / Clarification
as per letter attached17 Jul 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
as per letter attached11 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
as per letter attached8 Jul 2026 · Company Update / General
The Exchange has sought clarification from Dhanashree Electronics Ltd on July 7, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....7 Jul 2026 · Company Update / Clarification
as per letter attached26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
as per letter attached2 Jun 2026 · Company Update / Newspaper Publication
as per letter attached30 May 2026 · Corp Action / Dividend Updates
as per letter attached30 May 2026 · Result / Financial Results
outcome of board meeting30 May 2026 · Board Meeting / Outcome of Board Meeting
as per letter attached26 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Dhanashree Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve AS PER LETTER ATTACHED19 May 2026 · Board Meeting / Board Meeting
as per letter attached13 May 2026 · Company Update / General
as per letter attached21 Apr 2026 · Company Update / General
as per letter attached8 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
AS PER LETTER ATTACHED25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
as per letter attached17 Feb 2026 · Company Update / Newspaper Publication
as per letter attached14 Feb 2026 · Result / Financial Results
as per letter attached14 Feb 2026 · Board Meeting / Outcome of Board Meeting
Dhanashree Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve as per letter attached3 Feb 2026 · Board Meeting / Board Meeting
as per letter attached12 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
As per letter attached25 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
as per letter attached5 Dec 2025 · Company Update / General
Allotment of 1,61,41,000 Convertible warrants to the allottee(s) belonging to the Promoter and Promoter Group category and Public Category on a preferential basis.25 Nov 2025 · Company Update / Allotment of Equity Shares
In continuation of the Board Meeting held on Friday, 21st November, 2025 and pursuant to the Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ....25 Nov 2025 · Others / Outcome without intimation
as per letter attached22 Nov 2025 · Company Update / Resignation of Director
Allotment of 1,69,64,000 Convertible warrants to the allottee(s) belonging to the "Promoter and promoter Group Category" and "Non-Promoter Category" at an price of Rs. 30.00/- each (Compricing ....21 Nov 2025 · Company Update / Allotment of Equity Shares
Pursuant to the Regulation 30(6) of SEBI (LODR) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e., Friday, 21st November, 2025 at the ....21 Nov 2025 · Others / Outcome without intimation

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.1000	23 Sep 2026	23 Sep 2026	—
Final Dividend - Rs. - 0.1000	22 Aug 2025	22 Aug 2025	—

Board meetings

14 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results