DVLIndustrials

Dhunseri Ventures Limited

Packaging · ISIN INE477B01010 · BSE 523736 · NSE EQ · FV ₹10
Last price
₹279
+1.31%today
What this company does

Dhunseri Ventures Limited operates in Packaging, part of the Industrials sector. It booked ₹232 cr of revenue in its latest quarter (Q1 FY27) and kept 75.3% of sales as profit.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 166–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns68

How much profit it earns on the money it employs

Balance sheet69

How much it owes, and whether earnings cover the interest

Cash quality7

Whether reported profit actually arrives as cash

Growth & consistency47

Whether sales and profit have grown, and how steadily

Valuation98

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 75% net margin
Sales up 33% vs last year
Profit up 145% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 21% return on equity
Watch-outs
! Operating cash flow is negative

What if I invest in DVL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹279 +1.31%
latest close · 2026-09-17
1-year return
+3.8%
52-wk low ₹18452-wk high ₹318
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio1.4Low
LowAverageHigh
P/B ratio0.30Below book
Below bookModerateHigh
EV / EBITDA4.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity21.2%Strong
WeakFairStrong ▸15%
Return on capital9.3%Fair
WeakFairStrong
Net margin75.3%Strong
ThinDecentStrong
EBITDA margin49.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.29Comfortable
LowModerateHigh ▸1
Interest cover29.1×Strong
RiskyOkayStrong ▸5×
Current ratio5.16Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹977 cr
Book value
₹938
EPS
₹49.76
latest quarter
Net debt
₹861 cr
owes more than its cash
Enterprise value
₹1,838 cr
EBITDA
₹462 cr
annualised
EBIT
₹437 cr
annualised
Operating margin
47.1%
Return on assets
14.3%
Earnings yield
71.39%
P/S
1.05
Sales / share
₹264.4
Tax rate
49.1%
Face value
₹10
Shares
3.5 cr
Working capital
₹763 cr
Current assets
₹946 cr
Current liabilities
₹183 cr
Delivery %
59.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about -1% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹359₹508, midpoint ₹434

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹232 cr
Other Income₹25 cr
Total Income₹256 cr
Cost of Materials₹113 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹7 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹23 cr
Total Expenses₹151 cr
Profit before Tax₹105 cr
Tax Expense₹52 cr
Share of JV / Associates₹121 cr
Net Profit₹174 cr
Net margin on total income68.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹111 cr29.4%
Employee benefit expense₹7 cr1.9%
Finance costs₹4 cr1.0%
Depreciation & amortisation₹6 cr1.7%
Other expenses₹23 cr6.0%
Tax expense₹52 cr13.7%
Profit for the period₹174 cr46.3%
Total income ₹256 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue72 cr71 cr232 cr
Total income90 cr93 cr256 cr
Expenses130 cr153 cr151 cr
Profit before tax-40 cr-60 cr105 cr
Tax-2 cr2 cr52 cr
Net profit (owners' share)6 cr24 cr174 cr
Net margin (owners' share, on revenue)8.4%34.3%75.3%
EPS (₹)-0.126.9549.76
YoY (latest quarter): total income +32.5% · net profit +144.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,878 cr
Shareholder equity
₹3,288 cr
parent shareholders
Total debt
₹951 cr
Cash
₹90 cr
Cash flow · H1 FY26
Operating
₹-149 cr
Investing
₹-9 cr
Financing
₹124 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.51%
trailing 12 months
Dividend / share (TTM)
₹7
Last dividend
₹2
ex 12 Aug 2026
ActionDetailEx-date
Dividend₹2 / share12 Aug 2026
Dividend₹1.5 / share11 Aug 2026
Dividend₹3.5 / share27 Feb 2026
Dividend₹1 / share1 Aug 2025
Dividend₹5 / share1 Aug 2025
Dividend₹5 / share13 Aug 2024
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
0.6%
DII / Domestic
1.7%
Retail / others
22.7%
Smart-money activity
Insider trades
SoldDhunseri Investments Limited · Promoter Group48.10 L · ₹90.0 cr7 Mar 25
BoughtNaga Dhunseri Group Limited · Promoter Group48.10 L · ₹90.0 cr7 Mar 25
SoldNaga Dhunseri Group Limited · Promoter Group30.79 L · ₹102.7 cr7 Mar 25
Bulk / block deals
SoldWEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LIMITED · NSE6.11 L @ ₹307.8417 Oct 25
BoughtNEO APEX VENTURE LLP · NSE2.46 L @ ₹295.2817 Oct 25
SoldNEO APEX VENTURE LLP · NSE1.37 L @ ₹294.3217 Oct 25
Stake changes
SoldNaga Dhunseri Group Limited · promoter→ 0.00% · 30.79 L10 Mar 25
BoughtDhunseri Investments Limited · promoter→ 65.23% · 30.79 L10 Mar 25
BoughtMitali Khaitan (Minor) represented by Mr. Haigreve Khaitan Father & Natural Guardian · promoter→ 0.02% · 10,0003 Mar 21
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Aug 2026
See the official result
1
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March, 2026, including the Audited Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss for the year ended 31st March, 2026, the Cash Flow Statement for the year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
10.80 L votes for, 315 against · 0% of mutual funds and other big investors said no
2
To declare Dividend on Equity Shares
Backed by 100% of shareholders other than promotersneeded 50%
10.91 L votes for, 163 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Bharat Jhaver holding DIN 00379111, who retires by rotation and being eligible offers himself for re appointment
Backed by 79% of shareholders other than promotersneeded 50%
8.59 L votes for, 2.33 L against · 100% of mutual funds and other big investors said no
4
Re appointment of Mrs. Aruna Dhanuka (DIN 00005677) as the Managing Director
Promoters had a personal stake in this
Backed by 95% of shareholders other than promotersneeded 75%
10.41 L votes for, 50,459 against · 4% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 75.0% between them · as of 2026-06-30
DHUNSERI INVESTMENTS LIMITED65.23%
MINT INVESTMENTS LIMITED5.94%
CHANDRA KUMAR DHANUKA KARTA OF SHANKARLAL CHANDRA KUMAR (HUF)1.16%
TRIMPLEX INVESTMENTS LIMITED0.82%
MRIGANK DHANUKA0.33%
CHANDRA KUMAR DHANUKA0.27%
CHANDRA KUMAR DHANUKA, TRUSTEE, AMAN DHANUKA TRUST0.26%
CHANDRA KUMAR DHANUKA, TRUSTEE, AYAAN DHANUKA TRUST0.26%
Business done with them
FY2025 · 1 of the group
The company paid ₹10 cr to companies in the promoter group last year — about 2.1% of its ₹480 cr revenue.
DHUNSERI INVESTMENTS LIMITED
Other payments to them · Dividend
also owns 65.23% of the company
₹10 cr
company paid

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.