Dhariwalcorp

  • Market Cap: Micro Cap
  • Industry: Specialty Chemicals
  • ISIN: INE0YRN01025
  • NSEID: DHARIWAL
  • BSEID:
INR
24.35
0.00 (0.00%)
BSENSE

Sep 18, 03:30 PM

BSE+NSE Vol: 264000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.64 lacs (-30.05%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

4.05%

Held by 0 DIIs

Promoter

63.65%

Which are the latest news on Dhariwalcorp?

19-Sep-2026
No latest news for Dhariwalcorp found.

Why is Dhariwalcorp Ltd falling/rising?

06-Sep-2026

As of 05-Sep, Dhariwalcorp Ltd's stock price is at 24.00, reflecting a recent rise of 0.84%. This increase is driven by short-term gains, despite a significant year-to-date decline of 66.77% and reduced investor participation.

As of 05-Sep, Dhariwalcorp Ltd's stock price is rising, currently at 24.00, with a change of 0.2 (0.84%) upwards. This increase can be attributed to its strong performance over the past week, where the stock has risen by 21.83%, significantly outperforming the benchmark Sensex, which has declined by 1.15% during the same period. Additionally, the stock has outperformed its sector today by 1.83%. <BR><BR>However, it is important to note that despite the recent rise, the stock has experienced a substantial decline year-to-date, down 66.77%, and has also seen a decrease in investor participation, with delivery volume falling by 58.72% against the 5-day average. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below its 50-day, 100-day, and 200-day moving averages, indicating mixed signals regarding its longer-term performance. Overall, the recent upward movement in price is primarily driven by short-term gains rather than a reversal of the longer-term downward trend.

View full answer

What does Dhariwalcorp do?

01-Sep-2026

Dhariwalcorp Ltd operates in the specialty chemicals industry as a micro-cap company, having transitioned from a private to a public limited company in 2024. Key financial metrics include a market cap of INR 194 Cr, a P/E ratio of 23.00, and a return on equity of 24.81%.

Overview:<BR>Dhariwalcorp Ltd operates in the specialty chemicals industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Dhariwalcorp Ltd was originally incorporated as "Dhariwalcorp Private Limited" on June 14, 2020. The company later changed its status to a public limited company and its name to "Dhariwalcorp Limited," with the fresh Certificate of Incorporation issued on May 04, 2024. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 194 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00<BR>Industry P/E: 13<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.33<BR>Return on Equity: 24.81%<BR>Price-to-Book: 5.35<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: N/A<BR>Email: N/A<BR>Website: N/A

View full answer

Who are the peers of the Dhariwalcorp?

01-Sep-2026

Dhariwalcorp's peers include Vikas Ecotech, Ishan Dyes, Ambani Orgochem, Jaysynth Orgo, Resonance Speci., Polson, Chemcrux Enterp., and Multibase India, with varying management risks and growth rates. Jaysynth Orgo leads in 1-year returns at 0.00%, while Dhariwalcorp's return is -35.47%, better than Vikas Ecotech's -46.15%.

Peers: The peers of Dhariwalcorp are Vikas Ecotech, Ishan Dyes, Ambani Orgochem, Jaysynth Orgo, Resonance Speci., Polson, Chemcrux Enterp., and Multibase India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jaysynth Orgo and Ambani Orgochem, while Average management risk is found at Dhariwalcorp, Resonance Speci., Chemcrux Enterp., and Multibase India, and the rest. Below Average management risk is present at Vikas Ecotech, Ishan Dyes, and Polson. Growth is Excellent at Jaysynth Orgo, Good at Dhariwalcorp, and Below Average at Vikas Ecotech, Ishan Dyes, Ambani Orgochem, Resonance Speci., Polson, Chemcrux Enterp., and Multibase India, and the rest. Capital Structure is Excellent at Jaysynth Orgo and Multibase India, Good at Chemcrux Enterp., Average at Polson, and Below Average at Vikas Ecotech, Dhariwalcorp, Ishan Dyes, Ambani Orgochem, and Resonance Speci., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jaysynth Orgo at 0.00%, while the peer with the lowest is Vikas Ecotech at -46.15%. Dhariwalcorp's 1-year return of -35.47% is better than Vikas Ecotech's but worse than Jaysynth Orgo's. Additionally, Vikas Ecotech, Ishan Dyes, and Chemcrux Enterp. have negative six-month returns.

View full answer

How big is Dhariwalcorp?

14-Aug-2026

As of 14th August, Dhariwalcorp Ltd has a market capitalization of 171.58 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 34.62 Cr and Total Assets of 67.64 Cr reported as of March 2025. There is no valid financial data available for the latest four quarters.

As of 14th August, <BR><BR>Market Cap: Dhariwalcorp Ltd has a market capitalization of 171.58 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 34.62 Cr and Total Assets valued at 67.64 Cr.

View full answer

How has been the historical performance of Dhariwalcorp?

15-Nov-2025

Dhariwalcorp has shown steady growth in net sales, increasing from 193.93 Cr in Mar'23 to 233.51 Cr in Mar'25, but faced declining profits and EPS due to rising expenditures. Total assets and liabilities both significantly increased, reflecting higher inventories and short-term borrowings.

Answer:<BR>The historical performance of Dhariwalcorp shows a steady increase in net sales and total operating income over the past three years, with figures rising from 193.93 Cr in Mar'23 to 233.51 Cr in Mar'25. The total expenditure has also increased, reaching 230.32 Cr in Mar'25, which has impacted the operating profit, resulting in a decrease from 6.68 Cr in Mar'24 to 6.15 Cr in Mar'25. Profit before tax has shown a decline from 6.02 Cr in Mar'24 to 4.98 Cr in Mar'25, while profit after tax decreased from 4.51 Cr to 3.56 Cr in the same period. The earnings per share (EPS) have also decreased from 6.85 in Mar'24 to 3.98 in Mar'25. On the balance sheet, total assets have significantly increased from 19.61 Cr in Mar'23 to 67.64 Cr in Mar'25, driven by a rise in inventories and current assets. Total liabilities have also increased, from 19.61 Cr to 67.64 Cr, primarily due to higher short-term borrowings and trade payables.<BR><BR>Breakdown:<BR>Dhariwalcorp's financial performance has shown a consistent upward trend in net sales and total operating income, with net sales increasing from 193.93 Cr in Mar'23 to 233.51 Cr in Mar'25. However, total expenditure has also risen, leading to a decline in operating profit from 6.68 Cr in Mar'24 to 6.15 Cr in Mar'25. This decline is reflected in the profit before tax, which decreased from 6.02 Cr to 4.98 Cr, and profit after tax, which fell from 4.51 Cr to 3.56 Cr. The company's EPS has also dropped from 6.85 to 3.98 during this period. On the balance sheet, total assets surged from 19.61 Cr to 67.64 Cr, largely due to increased inventories and current assets, while total liabilities rose correspondingly, indicating a growing reliance on short-term borrowings and trade payables.

View full answer

Is Dhariwalcorp overvalued or undervalued?

29-Aug-2025

As of August 28, 2025, Dhariwalcorp is considered overvalued with a PE ratio of 40.99 and an EV to EBITDA of 49.30, despite a strong year-to-date stock return of 25.38%, especially when compared to its peers like Agarwal Industrial, which has much lower valuation metrics.

As of 28 August 2025, Dhariwalcorp's valuation grade has moved from fair to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 40.99, an EV to EBITDA ratio of 49.30, and a ROE of 10.28%. In comparison, peers such as Agarwal Industrial, which is rated very attractive, boasts a much lower PE ratio of 12.94 and an EV to EBITDA of 8.47, highlighting the disparity in valuation metrics.<BR><BR>Additionally, while Dhariwalcorp has shown a year-to-date stock return of 25.38%, significantly outperforming the Sensex's 3.62%, the high valuation ratios suggest that this performance may not be sustainable. The company's EV to Sales ratio stands at 0.67, further emphasizing its inflated valuation relative to its peers. Overall, the combination of high valuation ratios and peer comparisons strongly supports the conclusion that Dhariwalcorp is overvalued in the current market environment.

View full answer

Who are the top shareholders of the Dhariwalcorp?

17-Jul-2025

The top shareholder of Dhariwalcorp is Shakshi Dhariwal, holding 36.75%, with no pledged promoter holdings. The highest public shareholder is Beacon Stone Capital Vcc - Beacon Stone I at 2.24%, while individual investors own 16.84% of the company.

The top shareholders of Dhariwalcorp primarily consist of promoters, with Shakshi Dhariwal holding the largest share at 36.75%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Beacon Stone Capital Vcc - Beacon Stone I, which holds 2.24%. Additionally, individual investors collectively own 16.84% of the company.

View full answer

What is the technical trend for Dhariwalcorp?

09-Jun-2025

As of June 2, 2025, Dhariwalcorp's trend is sideways with mixed signals: weekly indicators suggest mild bullishness, while daily moving averages are mildly bearish, resulting in a neutral stance overall.

As of 2 June 2025, the technical trend for Dhariwalcorp has changed from mildly bullish to sideways. The weekly MACD and Bollinger Bands indicate a bullish stance, while the daily moving averages are mildly bearish, creating a mixed picture. The Dow Theory shows a mildly bullish trend on the weekly timeframe, but there is no clear trend on the monthly level. Overall, the current stance is neutral with a lack of strong directional momentum, as indicated by the absence of signals in the RSI and OBV.

View full answer

When is the next results date for Dhariwalcorp?

06-Jun-2025

No Upcoming Board Meetings

Has Dhariwalcorp declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

Icon
Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Specialty Chemicals

stock-summary
Market cap

INR 222 Cr (Micro Cap)

stock-summary
P/E

27.00

stock-summary
Industry P/E

13

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.33

stock-summary
Return on Equity

24.81%

stock-summary
Price to Book

6.61

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-26.32%
0%
-26.32%
6 Months
-41.47%
0%
-41.47%
1 Year
-31.93%
0%
-31.93%
2 Years
-14.86%
0%
-14.86%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Dhariwalcorp for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

Dhariwalcorp Ltd has announced 2:10 stock split, ex-date: 06 Feb 26

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

Dhariwalcorp Ltd has announced 1:1 rights issue, ex-date: 27 Feb 26

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
6.80%
EBIT Growth (5y)
87.58%
EBIT to Interest (avg)
2.90
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.33
Sales to Capital Employed (avg)
0
Tax Ratio
24.12%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.05%
ROCE (avg)
0
ROE (avg)
28.56%

Valuation key factors

Factor
Value
P/E Ratio
27
Industry P/E
0
Price to Book Value
6.61
EV to EBIT
41.35
EV to EBITDA
38.94
EV to Capital Employed
5.23
EV to Sales
1.02
PEG Ratio
1.79
Dividend Yield
NA
ROCE (Latest)
12.64%
ROE (Latest)
24.81%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Shakshi Dhariwal (32.47%)

Highest Public shareholder

M/s. Indo Thai Securities Limited-investment Account .-prop (7.55%)

Individual Investors Holdings

22.24%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Dhariwalcorp"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 4.79% vs -5.85% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 255.17% vs -67.54% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "118.66",
          "val2": "113.24",
          "chgp": "4.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.56",
          "val2": "0.66",
          "chgp": "439.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.79",
          "val2": "0.49",
          "chgp": "61.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.09",
          "val2": "0.87",
          "chgp": "255.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.00%",
          "val2": "0.58%",
          "chgp": "2.42%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Dhariwalcorp"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 2.06% vs 17.98% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -21.06% vs 651.67% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "233.51",
          "val2": "228.80",
          "chgp": "2.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.19",
          "val2": "4.37",
          "chgp": "-27.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.91",
          "val2": "0.57",
          "chgp": "59.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.56",
          "val2": "4.51",
          "chgp": "-21.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.37%",
          "val2": "1.91%",
          "chgp": "-0.54%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Mar'25
Change(%)
Net Sales
118.66
113.24
4.79%
Operating Profit (PBDIT) excl Other Income
3.56
0.66
439.39%
Interest
0.79
0.49
61.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.09
0.87
255.17%
Operating Profit Margin (Excl OI)
3.00%
0.58%
2.42%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 4.79% vs -5.85% in Mar 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is 255.17% vs -67.54% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
233.51
228.80
2.06%
Operating Profit (PBDIT) excl Other Income
3.19
4.37
-27.00%
Interest
0.91
0.57
59.65%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.56
4.51
-21.06%
Operating Profit Margin (Excl OI)
1.37%
1.91%
-0.54%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 2.06% vs 17.98% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -21.06% vs 651.67% in Mar 2024

stock-summaryCompany CV
About Dhariwalcorp Ltd stock-summary
stock-summary
Dhariwalcorp Ltd
Micro Cap
Specialty Chemicals
Dhariwalcorp Limited was originally incorporated under the name "Dhariwalcorp Private Limited" vide Certificate of Incorporation dated June 14, 2020, issued by the Assistant Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to Public Limited and the name was changed to "Dhariwalcorp Limited". The fresh Certificate of Incorporation consequent to conversion was issued on May 04, 2024, by Registrar of Companies, Centralised Processing Centre.
Company Coordinates stock-summary
Icon
No Company Details Available