Why is DHP India Ltd. ?
1
Poor long term growth as Operating profit has grown by an annual rate -5.87% of over the last 5 years
2
Flat results in Dec 25
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 0.22 cr
- NET SALES(Q) Lowest at Rs 12.24 cr
- PBDIT(Q) Lowest at Rs 1.48 cr.
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -10.57% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Oil)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is DHP India for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
DHP India
-10.57%
-0.31
34.50%
Sensex
-3.52%
-0.27
12.93%
Quality key factors
Factor
Value
Sales Growth (5y)
3.00%
EBIT Growth (5y)
-5.87%
EBIT to Interest (avg)
18.34
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
-0.79
Sales to Capital Employed (avg)
0.49
Tax Ratio
16.50%
Dividend Payout Ratio
1.80%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
37.86%
ROE (avg)
17.76%
Valuation Key Factors 
Factor
Value
P/E Ratio
2
Industry P/E
40
Price to Book Value
0.57
EV to EBIT
-5.69
EV to EBITDA
-4.08
EV to Capital Employed
-1.00
EV to Sales
-0.78
PEG Ratio
NA
Dividend Yield
0.87%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
29.51%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
14What is working for the Company
PAT(Latest six months)
At Rs 2.39 cr has Grown at 104.27%
NET SALES(9M)
At Rs 47.21 cr has Grown at 23.94%
ROCE(HY)
Highest at 34.03%
DEBTORS TURNOVER RATIO(HY)
Highest at 14.49 times
-9What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.22 cr
NET SALES(Q)
Lowest at Rs 12.24 cr
PBDIT(Q)
Lowest at Rs 1.48 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 12.09%
PBT LESS OI(Q)
Lowest at Rs 0.37 cr.
NON-OPERATING INCOME(Q)
is 77.16 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for DHP India
Profit After Tax (PAT) - Latest six months
At Rs 2.39 cr has Grown at 104.27%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 14.49 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for DHP India
Net Sales - Quarterly
At Rs 12.24 cr has Fallen at -28.6% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 17.15 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 12.24 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 1.48 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 12.09%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 0.37 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 77.16 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 0.22 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






