Dhatre Udyog

What does Dhatre Udyog do?

Dhatre Udyog Ltd is a micro-cap manufacturer of various iron and steel products, originally founded as Narayani Steels Limited in 1996 and rebranded in 2023. As of December 2024, it reported net sales of 39 Cr and a market cap of Rs 96 Cr.

Overview:<BR>Dhatre Udyog Ltd is an integrated manufacturer of a diverse range of iron and steel products, operating within the micro-cap segment of the Iron & Steel Products industry.<BR><BR>History:<BR>Dhatre Udyog Limited was incorporated on November 13, 1996, originally under the name Narayani Steels Limited. The company rebranded to its current name on May 18, 2023. The most recent quarterly results reported net sales and net profit for the period ending December 2024.<BR><BR>Financial Snapshot:<BR>- Net Sales: 39 Cr (Quarterly Results - Dec 2024)<BR>- Net Profit: 0 Cr (Quarterly Results - Dec 2024)<BR>- Market Cap: Rs 96 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 19.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.01<BR>- Return on Equity: 11.70%<BR>- Price to Book: 1.37<BR><BR>Contact Details:<BR>Address: 23A N S Road 7th Floor, Room 31 Kolkata West Bengal : 700001<BR>Tel: 91-33-46025371<BR>Email: info@narayanisteels.com<BR>Website: http://www.narayanisteels.com

Has Dhatre Udyog declared dividend?

No Dividend History Available

Who are the peers of the Dhatre Udyog?

Dhatre Udyog's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others, with varying management risks and growth rates. APL Apollo Tubes shows excellent performance, while Dhatre Udyog has below average management risk and a 1-year return of -53.88%, the lowest among its peers.

Peers: The peers of Dhatre Udyog are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Garg Furnace, Remi Edelstahl, Riddhi Steel, Swastik Pipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and Average management risk is present at Jindal Saw, Garg Furnace, and the rest. Below Average management risk is noted for Dhatre Udyog, Remi Edelstahl, Riddhi Steel, Swastik Pipe, and Pattech Fitwell. Excellent growth is seen at APL Apollo Tubes and Pattech Fitwell, while Average growth is found at Shyam Metalics, Dhatre Udyog, and the rest. Below Average growth is noted for Welspun Corp, Jindal Saw, Garg Furnace, Remi Edelstahl, Riddhi Steel, Swastik Pipe, and the rest. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Welspun Corp and Garg Furnace. Below Average capital structure is noted for Dhatre Udyog, Jindal Saw, Remi Edelstahl, Riddhi Steel, Swastik Pipe, and Pattech Fitwell.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while Dhatre Udyog has the lowest at -53.88%. Dhatre Udyog's 1-year return is significantly lower than that of Welspun Corp. Additionally, Garg Furnace, Jindal Saw, Remi Edelstahl, and Dhatre Udyog have negative six-month returns.

What is the technical trend for Dhatre Udyog?

As of May 12, 2025, Dhatre Udyog's technical trend is mildly bearish, with mixed signals from MACD and moving averages indicating a shift from bearish to mildly bullish on the weekly chart, while remaining bearish on the monthly chart.

As of 12 May 2025, the technical trend for Dhatre Udyog has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bullish weekly but mildly bearish monthly. Daily moving averages are mildly bearish, and the KST shows a mildly bullish trend weekly and mildly bearish monthly. Dow Theory reflects a mildly bullish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, with key indicators being the mixed signals from MACD and moving averages.

Who are in the management team of Dhatre Udyog?

As of March 2022, the management team of Dhatre Udyog includes Sunil Choudhary (Chairman & Managing Director), Ankit Gupta (Director & CFO), and several independent directors, along with other key roles such as Company Secretary and Additional Executive Director.

As of March 2022, the management team of Dhatre Udyog includes the following individuals:<BR><BR>1. Sunil Choudhary - Chairman & Managing Director<BR>2. Krishnamacharyulu Eunny - Independent Director<BR>3. Ankit Gupta - Director & CFO<BR>4. Prakash Kumar Thakur - Independent Director<BR>5. Rabi Kumar Gupta - Independent Director<BR>6. Ankita Dutta - Company Secretary & Compliance Officer<BR>7. Sumit Kumar Agarwal - Managing Director<BR>8. RAVI KUMAR - Additional Executive Director<BR><BR>These members play various roles in overseeing the company's operations and governance.

Who are the top shareholders of the Dhatre Udyog?

The top shareholder of Dhatre Udyog is Sumit Kumar Agarwal Huf, holding 13.93%, with individual investors collectively owning 32.86% of the shares. There are no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of Dhatre Udyog primarily consist of its promoters, with Sumit Kumar Agarwal Huf being the individual with the highest holding at 13.93%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 32.86% of the company's shares.

How big is Dhatre Udyog?

As of 24th July, Dhatre Udyog Ltd has a market capitalization of 76.00 Cr, with recent net sales of 200.70 Cr and a net profit of 5.00 Cr. Shareholder's funds are 70.43 Cr and total assets amount to 75.74 Cr as of March 2024.

As of 24th July, Dhatre Udyog Ltd has a market capitalization of 76.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Dhatre Udyog reported Net Sales of 200.70 Cr and a Net Profit of 5.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 70.43 Cr and Total Assets of 75.74 Cr.

Are Dhatre Udyog latest results good or bad?

Dhatre Udyog's latest results are poor, with net sales and profit declining by 83.09% and 85.92%, respectively. The company's score has dropped to -11, and it has received a 'Strong Sell' rating, indicating worsening financial conditions.

Dhatre Udyog's latest results indicate a challenging financial situation. The company has reported a significant decline in its performance, with net sales dropping by 83.09% compared to the same quarter last year, and a net profit decline of 85.92%. This downward trend reflects ongoing difficulties in the company's financial health.<BR><BR>Additionally, the overall score for the company has fallen to -11, down from -5, suggesting worsening conditions. The stock has received a 'Strong Sell' rating from MarketsMOJO, which further emphasizes the negative sentiment surrounding Dhatre Udyog at this time. Stakeholders will likely be keeping a close eye on the company's performance in the upcoming quarters to see if there is any potential for recovery.

How has been the historical performance of Dhatre Udyog?

Dhatre Udyog's historical performance has shown significant fluctuations, with net sales peaking at 751.68 Cr in Mar'19 and declining to 144.29 Cr by Mar'25, alongside volatile operating profits and a decrease in total assets from 242.72 Cr in Mar'20 to 65.46 Cr in Mar'25. Overall, the company has faced a challenging financial period marked by ups and downs across key metrics.

Answer:<BR>The historical performance of Dhatre Udyog shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Dhatre Udyog's net sales have varied considerably, peaking at 751.68 Cr in Mar'19 before declining to 144.29 Cr in Mar'25. The total operating income followed a similar trend, reaching a high of 358.52 Cr in Mar'20 and dropping to 144.29 Cr in Mar'25. The company's operating profit (PBDIT) also experienced volatility, with a peak of 20.17 Cr in Mar'19, followed by a loss of 56.73 Cr in Mar'21, and recovering to 2.94 Cr in Mar'25. Profit before tax showed a similar pattern, with a high of 102.46 Cr in Mar'22 and a loss of 80.03 Cr in Mar'21, ultimately reaching 2.40 Cr in Mar'25. The profit after tax mirrored this trend, peaking at 66.78 Cr in Mar'22 and falling to 1.70 Cr in Mar'25. The company's total assets decreased from 242.72 Cr in Mar'20 to 65.46 Cr in Mar'25, while total liabilities also declined from 143.36 Cr in Mar'21 to 65.46 Cr in Mar'25. Cash flow from operating activities showed a recovery to 0.00 Cr in Mar'25 from a negative cash flow of -103.00 Cr in Mar'20. Overall, Dhatre Udyog's financial performance reflects a challenging period with significant ups and downs across various metrics.

Is Dhatre Udyog overvalued or undervalued?

As of November 17, 2025, Dhatre Udyog is considered overvalued and risky, with alarming financial ratios and a year-to-date return of -43.81%, significantly underperforming compared to its peers and the broader market.

As of 17 November 2025, Dhatre Udyog's valuation grade has moved from very attractive to risky, indicating a significant decline in its perceived value. The company is currently considered overvalued, with a PE ratio of -76.03 and an EV to EBITDA ratio of -69.92, both of which are alarming indicators of financial distress. Additionally, the Price to Book Value stands at 1.08, suggesting that the market is pricing the company at a premium relative to its book value.<BR><BR>In comparison to its peers, Dhatre Udyog's ratios starkly contrast with those of JSW Steel, which has a PE ratio of 46.87, and Tata Steel, with a PE ratio of 29.08, both classified as fairly and attractively valued, respectively. The significant disparity in valuation metrics raises concerns about Dhatre Udyog's market position and financial health. Furthermore, the company's year-to-date return of -43.81% compared to the Sensex's positive return of 8.72% reinforces the notion that Dhatre Udyog is struggling relative to broader market performance.

When is the next results date for Dhatre Udyog Ltd?

The next results date for Dhatre Udyog Ltd is 13 February 2026.

The next results date for Dhatre Udyog Ltd is scheduled for 13 February 2026.

Should I buy, sell or hold Dhatre Udyog Ltd?

Why is Dhatre Udyog Ltd falling/rising?

As of 13-Mar, Dhatre Udyog Ltd's stock price is at 4.28, reflecting a decline of -1.38%. The stock has experienced significant losses over various time frames, indicating a bearish trend influenced by sector performance and reduced investor participation.

As of 13-Mar, Dhatre Udyog Ltd's stock price is falling, currently at 4.28, which reflects a change of -0.06 or -1.38%. The stock has been on a downward trend, having lost -4.89% over the last two days and showing a significant decline of -14.57% over the past month. Year-to-date, the stock has decreased by -24.91%, and over the past year, it has fallen by -49.53%. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The sector in which Dhatre Udyog operates, Steel/Sponge Iron/Pig Iron, has also experienced a decline of -4.69%, which may contribute to the stock's poor performance. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by -24.8% compared to the 5-day average. These factors collectively explain the current decline in Dhatre Udyog Ltd's stock price.

Why is Dhatre Udyog Ltd falling/rising?

As of 14-Mar, Dhatre Udyog Ltd's stock price is at 4.28, down 1.38%, and has significantly underperformed with a year-to-date decline of 24.91%. The company faces operational challenges, including high debt and declining sales, contributing to its bearish trend.

As of 14-Mar, Dhatre Udyog Ltd's stock price is falling, currently at 4.28, reflecting a decrease of 0.06 or 1.38%. The stock has been on a downward trend, having lost 4.89% over the last two days and showing a significant decline of 24.91% year-to-date. In comparison to the benchmark Sensex, which has fallen by 12.50% year-to-date, Dhatre Udyog's performance is notably worse.<BR><BR>The stock has underperformed in various time frames, with a 1-year decline of 49.53% and a 3-year decline of 49.60%. Additionally, the company has been trading below its moving averages across all time frames, indicating a bearish trend. The sector in which Dhatre Udyog operates, Steel/Sponge Iron/Pig Iron, has also experienced a downturn, falling by 4.69%.<BR><BR>Investor participation has decreased, with delivery volume dropping by 24.8% compared to the 5-day average, suggesting waning interest in the stock. Furthermore, the company is facing significant operational challenges, including high debt levels with a debt-to-equity ratio of 55.92 times, and poor long-term growth metrics, such as a net sales decline of 45.99% annually and an operating profit decrease of 189.54% over the last five years. These factors contribute to the stock's current weak performance and outlook.

Why is Dhatre Udyog Ltd falling/rising?

As of 15-Mar, Dhatre Udyog Ltd's stock price is declining, currently at 4.28, with a significant drop of 49.53% over the past year. The company's poor performance metrics, high debt, and rising raw material costs contribute to this bearish trend.

As of 15-Mar, Dhatre Udyog Ltd's stock price is falling, currently at 4.28, reflecting a decrease of 0.06 or 1.38%. The stock has been on a downward trend, having lost 4.89% over the last two days and showing a significant decline of 14.57% over the past month. This underperformance is further highlighted by its year-to-date drop of 24.91% and a staggering 49.53% decline over the past year, contrasting sharply with the Sensex, which has gained 1.00% in the same period.<BR><BR>The company's performance is also lagging behind its sector, as the Steel/Sponge Iron/Pig Iron sector has fallen by 4.69%. Additionally, investor participation appears to be waning, with delivery volume dropping by 24.8% compared to the five-day average. The stock is trading below all key moving averages, indicating a bearish trend.<BR><BR>Several fundamental issues contribute to this decline. Dhatre Udyog Ltd has reported operating losses and a weak long-term growth outlook, with net sales decreasing at an annual rate of 45.99% and operating profit plummeting by 189.54% over the last five years. The company carries a high debt burden, with a debt-to-equity ratio averaging 55.92 times, and has only managed to generate a return on equity of 5.12%, suggesting low profitability. Furthermore, the significant increase in raw material costs, which grew by 127.12% year-over-year, exacerbates the company's financial challenges.<BR><BR>Overall, the combination of poor performance metrics, declining investor interest, and unfavorable market conditions has led to the continued fall in Dhatre Udyog Ltd's stock price.

Which are the latest news on Dhatre Udyog?

Which are the latest news on Dhatre Udyog?

Which are the latest news on Dhatre Udyog?