Dhatre Udyog

Why is Dhatre Udyog Ltd falling/rising?

As of 10-Aug, Dhatre Udyog Ltd's stock price has risen slightly to 4.13, but it has significantly underperformed over the year with declines of 27.54% year-to-date and 42.08% over the past year. The stock faces fundamental weaknesses, including operating losses and low profitability, indicating a challenging outlook despite today's minor increase.

As of 10-Aug, Dhatre Udyog Ltd's stock price is rising slightly, with a current price of 4.13, reflecting a change of 0.03 (0.73%) upward. Despite this minor increase, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 27.54% and a one-year drop of 42.08%. <BR><BR>The stock's performance today has outperformed its sector by 0.63%, and there has been a notable increase in investor participation, with delivery volume rising by 28.22% compared to the five-day average. However, the stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a lack of strong upward momentum.<BR><BR>Several negative factors contribute to the overall weak outlook for Dhatre Udyog Ltd. The company has reported operating losses, a poor EBIT to interest ratio of 0.82, and a low return on equity of 5.85%, which signifies low profitability. Additionally, the company has recorded a negative EBITDA of Rs. -4.39 crore and has seen profits decline by 207.1% over the past year. The stock is considered risky, trading below its average historical valuations, and has underperformed against benchmarks like the BSE500 over the last three years.<BR><BR>In summary, while there is a slight rise in the stock price today, the overall trend and fundamental weaknesses suggest that Dhatre Udyog Ltd is facing significant challenges that overshadow this minor uptick.

Which are the latest news on Dhatre Udyog?

When is the next results date for Dhatre Udyog Ltd?

The next results date for Dhatre Udyog Ltd is 11 August 2026.

The next results date for Dhatre Udyog Ltd is scheduled for 11 August 2026.

What does Dhatre Udyog do?

Dhatre Udyog Ltd is an integrated manufacturer of iron and steel products, incorporated in 1996 and formerly known as Narayani Steels Ltd. As of March 2026, it has a market cap of INR 52 Cr and reported a net profit of 0 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 13th November 1996 in India and was formerly known as Narayani Steels Limited. The company changed its name to Dhatre Udyog Limited on May 18, 2023. The latest quarterly results reported are for March 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 52 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 26<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.04<BR>Return on Equity: -3.81%<BR>Price to Book: 1.10<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

How big is Dhatre Udyog?

As of 10th June, Dhatre Udyog Ltd has a market capitalization of 52.00 Cr, with recent net sales of 48.60 Cr and a net loss of 1.50 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Dhatre Udyog Ltd has a market capitalization of 52.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 48.60 Cr, while the sum of Net Profit for the same period reflects a loss of 1.50 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 65.39 Cr, and Total Assets amount to 65.46 Cr.

Who are in the management team of Dhatre Udyog?

The management team of Dhatre Udyog includes Sunil Choudhary (Chairman & Managing Director), Ankit Gupta (Director & CFO), and several independent directors, along with a Company Secretary and an Additional Executive Director, overseeing the company's operations and strategy.

The management team of Dhatre Udyog includes the following members:<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>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Dhatre Udyog?

Dhatre Udyog's peers include Alliance Integ., Tulsyan NEC, Acrow India, Umiya Tubes, Aditya Ultra, Abha Power, Swastik Pipe, and Newmalayalam St. Most peers exhibit below average management risk and growth, with Umiya Tubes showing the highest 1-year return at 137.71%, while Dhatre Udyog has a 1-year return of -50.63%.

Peers: The peers of Dhatre Udyog are Alliance Integ., Tulsyan NEC, Acrow India, Umiya Tubes, Aditya Ultra, Abha Power, Swastik Pipe, and Newmalayalam St.<BR><BR>Quality Snapshot: Below Average management risk is observed at Alliance Integ., Tulsyan NEC, Acrow India, Dhatre Udyog, Umiya Tubes, Aditya Ultra, and Swastik Pipe, while Average management risk is found at Abha Power. All peers exhibit Below Average growth except for Abha Power, which has Average growth, and Dhatre Udyog, which also has Below Average growth. In terms of capital structure, Abha Power shows Average capital structure, while the rest, including Alliance Integ., Tulsyan NEC, Acrow India, Dhatre Udyog, Umiya Tubes, Aditya Ultra, Swastik Pipe, and Newmalayalam St., have Below Average capital structure.<BR><BR>Return Snapshot: Umiya Tubes has the highest 1-year return at 137.71%, while Alliance Integ. has the lowest at -55.73%. Dhatre Udyog's 1-year return of -50.63% is better than Alliance Integ.'s but worse than Umiya Tubes'. Additionally, peers such as Alliance Integ., Tulsyan NEC, and Dhatre Udyog have negative six-month returns.

Should I buy, sell or hold Dhatre Udyog Ltd?

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.

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.

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.

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.

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.

Has Dhatre Udyog declared dividend?

No Dividend History Available