Sh. Dinesh Mills

Who are the top shareholders of the Sh. Dinesh Mills?

The top shareholders of Sh. Dinesh Mills include promoter Bharat Upendra Patel with 14.2% and public shareholder Jayesh Pratapchand Shah with 2.4%. Individual investors collectively hold 39.99%, with no pledged promoter holdings or foreign institutional investor involvement.

The top shareholders of Sh. Dinesh Mills include Bharat Upendra Patel, who is the promoter with the highest holding at 14.2%. The highest public shareholder is Jayesh Pratapchand Shah, holding 2.4%. Additionally, individual investors collectively hold 39.99% of the shares. There are no pledged promoter holdings, and the company does not have any holdings from foreign institutional investors or mutual funds.

What does Sh. Dinesh Mills do?

Shri Dinesh Mills Ltd is a micro-cap company in the Garments & Apparels industry, specializing in worsted fabrics and industrial textiles, with recent net sales of 21 Cr and a net profit of 3 Cr as of March 2025. The company has a market cap of Rs 180 Cr and a dividend yield of 9.35%.

Overview: <BR>Shri Dinesh Mills Ltd is a micro-cap company operating in the Garments & Apparels industry, specializing in the manufacturing of worsted fabrics, paper makers felts, and industrial textiles.<BR><BR>History: <BR>Shri Dinesh Mills Ltd has been a significant player in the textile industry for over 60 years. The company has been manufacturing and exporting worsted fabrics to international markets for the past 30 years. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 21 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 180 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 13.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 9.35% <BR>Debt Equity: -0.74 <BR>Return on Equity: 7.12% <BR>Price to Book: 0.92 <BR><BR>Contact Details: <BR>Address: P O Box No 2501, Padra Road Vadodara Gujarat : 390020 <BR>Phone: 91-265-2330060-65 <BR>Email: complianceofficer@dineshmills.com <BR>Website: http://www.dineshmills.com

Has Sh. Dinesh Mills declared dividend?

Shri Dinesh Mills Ltd has declared a 100% dividend, amounting to ₹20 per share, with an ex-date of August 2, 2024. While the company shows significant volatility in total returns over shorter periods, it has achieved a total return of 293.68% over the last five years.

Shri Dinesh Mills Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 20<BR>- Ex-date: 02 Aug 24<BR><BR>Dividend Yield: 9.35%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -21.7%, with no dividend return, resulting in a total return of -21.7%.<BR><BR>In the past year, the price return was -38.5%, with a dividend return of 3.85%, leading to a total return of -34.65%.<BR><BR>Over the last 2 years, the price return was -39.51%, with a dividend return of 5.94%, resulting in a total return of -33.57%.<BR><BR>In the 3-year period, the price return was -52.84%, with a dividend return of 6.29%, culminating in a total return of -46.55%.<BR><BR>For the 4-year period, the price return was -35.46%, with a dividend return of 8.06%, resulting in a total return of -27.4%.<BR><BR>In the last 5 years, the price return was 248.44%, with a dividend return of 45.24%, leading to a total return of 293.68%.<BR><BR>Overall, while Shri Dinesh Mills Ltd has declared a substantial dividend, the total returns over various periods indicate significant volatility, particularly in the short to medium term, with a notable recovery in the long term reflected in the 5-year total return.

Who are the peers of the Sh. Dinesh Mills?

Peers of Sh. Dinesh Mills include Trent, Page Industries, K P R Mill Ltd, and others, with varying management risks and growth rates. Sh. Dinesh Mills has an average management risk and a 1-year return of -37.64%.

Peers: The peers of Sh. Dinesh Mills are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Winsome Textile, Shahlon Silk, Vandana Knitwear, and Forcas Studio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Winsome Textile. Average management risk is present at Trident and Shahlon Silk, and the rest. Below Average management risk is noted for Vandana Knitwear, while Sh. Dinesh Mills and C P S Shapers also have Average management risk. Growth is Excellent for K P R Mill Ltd, while Good growth is seen at Trent and the rest. Below Average growth is noted for Page Industries, Vedant Fashions, Trident, Winsome Textile, Shahlon Silk, Vandana Knitwear, and Sh. Dinesh Mills. Capital Structure is Excellent for Sh. Dinesh Mills and K P R Mill Ltd, while Below Average is seen at Winsome Textile and Vandana Knitwear, and the rest.<BR><BR>Return Snapshot: Vandana Knitwear has the highest 1-year return at 345.45%, while Vedant Fashions has the lowest at -24.55%. Sh. Dinesh Mills' 1-year return is -37.64%, which is lower than both. Additionally, the six-month returns for Vedant Fashions, Trident, Winsome Textile, Shahlon Silk, and Sh. Dinesh Mills are negative.

What is the technical trend for Sh. Dinesh Mills?

As of April 15, 2025, Sh. Dinesh Mills shows a mildly bearish trend overall, with mixed signals from technical indicators suggesting short-term bullishness that lacks longer-term confirmation.

As of 15 April 2025, the technical trend for Sh. Dinesh Mills has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a sideways trend on the weekly chart and bearish on the monthly, further supporting the mildly bearish stance. The KST is mildly bullish on the weekly but bearish on the monthly, indicating potential short-term strength that is not confirmed over a longer period. Overall, the current technical stance is mildly bearish with short-term bullish indicators that lack confirmation.

Is Sh. Dinesh Mills overvalued or undervalued?

As of June 20, 2025, Sh. Dinesh Mills is considered a compelling investment opportunity due to its attractive valuation metrics, including a PE ratio of 13.59, a Price to Book Value of 0.97, and a strong dividend yield of 8.93%, despite a year-to-date performance of -15.79%.

As of 20 June 2025, Sh. Dinesh Mills has moved from a fair to a very attractive valuation grade. The company is currently undervalued, as indicated by its PE ratio of 13.59, a Price to Book Value of 0.97, and an EV to EBITDA of 5.57. In comparison to its peers, K P R Mill Ltd is very expensive with a PE ratio of 45.61, while Vardhman Textile is also expensive at a PE of 15.07, highlighting Sh. Dinesh Mills' relative attractiveness in the market.<BR><BR>Despite a challenging year-to-date performance with a return of -15.79% compared to the Sensex's 5.46%, the company's strong dividend yield of 8.93% and a PEG ratio of 0.00 further reinforce its undervalued status. The robust EV to Sales ratio of 0.58 also suggests that the company is trading at a significant discount relative to its earnings potential. Overall, Sh. Dinesh Mills presents a compelling investment opportunity in the garments and apparels industry.

Who are in the management team of Sh. Dinesh Mills?

As of March 2022, the management team of Sh. Dinesh Mills includes Bharatbhai U Patel (Chairman & Managing Director), Nimishbhai U Patel (Managing Director), and five Independent Non-Executive Directors: T M Patel, Rakesh Agrawal, Sanjivkumar Mahendralal Shah, Reshma Patel, and J B Sojitra (Executive Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Sh. Dinesh Mills includes the following individuals:<BR><BR>1. Bharatbhai U Patel - Chairman & Managing Director<BR>2. Nimishbhai U Patel - Managing Director<BR>3. T M Patel - Independent Non-Executive Director<BR>4. Rakesh Agrawal - Independent Non-Executive Director<BR>5. SANJIVKUMAR MAHENDRALAL SHAH - Independent Non-Executive Director<BR>6. Reshma Patel - Independent Non-Executive Director<BR>7. J B Sojitra - Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

How big is Sh. Dinesh Mills?

As of 24th July, Shri Dinesh Mills Ltd has a market capitalization of 167.00 Cr, with recent Net Sales of 75.32 Cr and a Net Profit of 10.07 Cr. Shareholder's Funds are 201.53 Cr and Total Assets are 270.21 Cr.

As of 24th July, Shri Dinesh Mills Ltd has a market capitalization of 167.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 75.32 Cr and a Net Profit of 10.07 Cr.<BR><BR>For the latest annual period ending March 2024, the Shareholder's Funds amounted to 201.53 Cr, while the Total Assets were valued at 270.21 Cr.

How has been the historical performance of Sh. Dinesh Mills?

Sh. Dinesh Mills has experienced fluctuating financial performance, with net sales declining from 98.17 Cr in Mar'23 to 66.53 Cr in Mar'25, and profit after tax dropping from 54.73 Cr to 12.90 Cr over the same period, indicating challenges in maintaining sales and profitability.

Answer:<BR>The historical performance of Sh. Dinesh Mills shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Sh. Dinesh Mills reported net sales of 66.53 Cr in Mar'25, a slight decrease from 67.12 Cr in Mar'24 and a significant decline from 98.17 Cr in Mar'23. The total operating income followed a similar trend, with 66.53 Cr in Mar'25 compared to 67.12 Cr in the previous year. The raw material cost decreased to 14.53 Cr in Mar'25 from 16.35 Cr in Mar'24, while employee costs rose to 23.28 Cr from 22.24 Cr. Total expenditure, excluding depreciation, was 58.41 Cr in Mar'25, up from 55.73 Cr in Mar'24. Operating profit (PBDIT) decreased to 8.12 Cr in Mar'25 from 11.39 Cr in Mar'24, leading to a profit before tax of 16.77 Cr, down from 68.34 Cr in the previous year. The profit after tax also fell to 12.90 Cr in Mar'25 from 54.73 Cr in Mar'24. Total assets decreased to 263.81 Cr in Mar'25 from 270.21 Cr in Mar'24, while total liabilities also decreased to 263.81 Cr from 270.21 Cr. The cash flow from operating activities showed a negative trend, with a cash flow of -3.00 Cr in Mar'24 compared to 7.00 Cr in Mar'23. Overall, the financial performance of Sh. Dinesh Mills reflects challenges in maintaining sales and profitability in recent years.

When is the next results date for Shri Dinesh Mills Ltd?

The next results date for Shri Dinesh Mills Ltd is 03 February 2026.

The next results date for Shri Dinesh Mills Ltd is scheduled for 03 February 2026.

Are Shri Dinesh Mills Ltd latest results good or bad?

Shri Dinesh Mills Ltd's latest results show a 120% increase in net profit to ₹2.31 crores, but this is largely due to other income, while core operations face challenges with a 9.85% decline in net sales and a record low operating margin of 1.16%. Overall, the performance indicates significant operational stress, warranting caution for investors.

Shri Dinesh Mills Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year increase in consolidated net profit of 120%, rising to ₹2.31 crores. However, this growth is somewhat misleading as it heavily relies on other income, which constituted a substantial portion of the profit before tax.<BR><BR>Sequentially, the company faced challenges, with net sales declining by 9.85% quarter-on-quarter to ₹15.56 crores, and the operating margin excluding other income plummeting to just 1.16%, the lowest on record. This indicates severe operational stress within the core textile business. The reliance on other income, which accounted for 123.39% of profit before tax, raises concerns about the sustainability of profitability from core operations.<BR><BR>Overall, while the net profit growth is a positive sign, the underlying operational issues, declining sales, and collapsing margins suggest that the company's performance is under significant strain. Investors should be cautious, as the operational challenges could overshadow the apparent profit growth.

Should I buy, sell or hold Shri Dinesh Mills Ltd?

Why is Shri Dinesh Mills Ltd falling/rising?

As of 16-Mar, Shri Dinesh Mills Ltd's stock price is declining at 229.95, down -1.03% with a total drop of -6.85% over the last two days. The stock has underperformed significantly compared to the benchmark, showing negative long-term growth and concerning financial results.

As of 16-Mar, Shri Dinesh Mills Ltd is experiencing a decline in its stock price, currently at 229.95, which reflects a change of -2.4 (-1.03%). The stock has been losing for the last two days, with a total drop of -6.85% during this period. It opened with a loss of -2.09% today and reached an intraday low of Rs 225.4, marking a decrease of -2.99%.<BR><BR>The stock's performance has been underwhelming when compared to the benchmark, with a significant underperformance over the past three years, generating -20.71% returns in the last year while the benchmark has seen a positive return of +2.27%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend.<BR><BR>Despite some positive aspects, such as a low Debt to Equity ratio and rising investor participation, the overall sentiment is negative due to poor long-term growth, as evidenced by an annual operating profit decline of -3.44% over the last five years. The recent financial results have also shown concerning figures, including the lowest cash and cash equivalents and net sales. These factors contribute to the stock's current downward trajectory.

Which are the latest news on Sh. Dinesh Mills?