D&H India Ltd Stock Price Today (NSE: DHINDIA)

D&H India Ltd

249.55+1.35 (+0.54%)
Market Closed

Fundamental Score

...

D&H India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

D&H India Ltd share price today is 249.55, up +0.54% on NSE/BSE as of 22 June 2026. D&H India Ltd (DHINDIA) is a Small-cap company in the Industrial Products sector with a market capitalisation of 111.15 (Cr). The 52-week high for DHINDIA share price is 304.80 and the 52-week low is 121.50. At a P/E ratio of 16.76x, DHINDIA is currently trading below its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 11.56% and a debt-to-equity ratio of 1.35.

D&H India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
304.80
Low
244.00
Volume
4.9K
Change
-9.63%

D&H India Ltd share price chart: -9.63% return over the past month. 52-week high ₹304.80, 52-week low ₹121.50.

D&H India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
253.80253.90248.20249.551.79K (Cr)
259.95259.95248.20248.201.28K (Cr)
258.00266.00250.30254.803.98K (Cr)
252.00257.90252.00256.652.98K (Cr)
249.90255.00247.00252.405.81K (Cr)
250.60257.30244.00247.805.19K (Cr)
247.00253.00247.00250.853.33K (Cr)
246.60256.00246.50249.355.04K (Cr)
250.05258.00244.30257.006.72K (Cr)
261.10264.10252.10257.158.37K (Cr)

D&H India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
259.95259.95248.20249.55-4.00%
278.20304.80244.00254.80-8.41%
279.20304.80247.20288.45+3.31%
133.00299.75133.00293.85+120.94%
143.10172.40133.45140.90-1.54%
166.50189.95137.05158.65-4.71%
139.05174.25121.50163.10+17.30%
156.65162.00136.90140.00-10.63%
167.90184.20145.40156.65-6.70%
192.00197.00166.00168.25-12.37%
180.40201.40171.55187.00+3.66%
230.00270.50171.00181.75-20.98%

AI Research Briefing

Powered by Gemini · 2026-04-08

A highly leveraged micro-cap play on Indian infrastructure growth, ripe for a fall if the cycle turns.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown, 1M: -13.34%, 3M: -28.67%, 6M: -40.22%Fair, P/E 16.76x vs Industry P/E of 33.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

D&H India experienced a volatile period. The stock hit a new 52-week high of on April 1st, but closed down 3.33% for the week ending April 2nd at Madhusudan Jain, a former promoter, increased his stake to 0.74% by acquiring 13,269 shares on April 6th. D&H India has an EGM on April 10th to approve the preferential issue of convertible warrants.

CORE STORY (THE REAL GAME)

Welding consumables play, leveraged to cyclical industrial growth. Not a deep tech story, but a basic materials bet on Indian infrastructure and manufacturing expansion.

Why Now
  • IIP growth of 5.2% indicates strong industrial momentum
  • Promoters increasing stake, signaling confidence
  • Trading at a discount to Industry P/E
Potential Catalysts
  • Significant infrastructure order wins
  • Strong quarterly earnings beat
  • Debt reduction
Key Risks
  • Micro-cap: liquidity risk
  • High Debt/Equity: 1.35
  • Negative Free Cash Flow: ₹-27.74 Cr
Institutional Activity

Promoters increasing stake via warrants, diluting equity if converted.

Macro Context

Industrial growth in India is strong, but vulnerable to global slowdown.

Cash Flow Quality

No, Free Cash Flow 5Y: ₹-27.74 Cr

3–6 Month Outlook

If infrastructure spending continues, D&H India could benefit. However, high debt and negative FCF make it a risky bet. Monitor cash conversion closely.

Primary Thesis Risk

Cyclical downturn will crush this leveraged micro-cap.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.56%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

13.47%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

6.06%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

D&H India Ltd Valuation Check

Excellent

Price to Earnings (P/E)

16.76x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

52.26%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.03%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

143.08%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

30.43%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

21.47%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

39.90%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

41.72%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.35x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.69x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-27.74 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

D&H India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DHINDIA across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Attractive Valuation (P/E: 16.76 vs Industry: 33.94)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (143.08%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (30.43%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (21.47% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (39.90% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (41.72% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (52.26%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Elevated Debt Levels (D/E: 1.35)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Negative Free Cash Flow (₹-27.74 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.03%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

D&H India Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare D&H India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
64.2/100
250
₹111.15
16.8
Average
11.56%
Average
13.47%
Average
1.4
Average
41.72%
Excellent
21.47%
Excellent
0.00%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

D&H India Ltd PE Ratio History

Historical price-to-earnings ratio for DHINDIA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20243.42₹166.8048.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

D&H India Ltd Quarterly Performance

Latest quarterly metrics for DHINDIA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

30.43%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

143.08%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

21.47%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

41.72%

Compounded annual net profit growth over 5 years

D&H India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DHINDIA — calculated from daily price history

19RSI 14
Oversold — RSI 19

Selling pressure is heavy — potential reversal zone.

SMA 50
263
▼ Price below SMA 50 — Short-term bearish
SMA 200
186
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
8K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

D&H India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for D&H India Ltd (DHINDIA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for D&H India Ltd

About DHINDIA (D&H India Ltd)

D&H India Ltd is a cornerstone of the Indian industrial sector, forging critical components for the nation's infrastructure. The company specializes in the production of high-perfo...rmance welding consumables, engineered for the demanding needs of heavy industry. Their portfolio extends beyond basic electrodes, encompassing a comprehensive range of solutions from precise TIG and MIG wires to robust flux-cored options. D&H India focuses on delivering quality and reliability, offering a complete suite of products designed for diverse welding applications and metals, ensuring their clients can achieve optimal results in any environment. More than just a manufacturer, D&H India functions as a solutions provider, crafting specialized welding alloys tailored to the unique challenges of their customer base. Their expertise extends to repair and maintenance welding, with products designed to extend the lifespan of vital infrastructure and equipment. The company invests heavily in research and development, constantly pushing the boundaries of welding technology to create innovative solutions that enhance efficiency, reduce waste, and improve the overall quality of welded joints. Through this, they provide the foundation for stronger and more reliable structures across the nation. DHINDIA serves as a vital artery in the supply chain for numerous essential industries. From the towering structures of power plants and the intricate networks of oil and gas pipelines, to the massive machinery used in mining and earthmoving, D&H India's products play a crucial role. Their commitment to quality and innovation, coupled with their understanding of the specific needs of each sector, positions them as a trusted partner for businesses building and maintaining India's industrial landscape. Their products are integral to the construction of railways, the production of cement and sugar, shipbuilding endeavors, and countless heavy engineering fabrication projects, ensuring the longevity and integrity of India's critical infrastructure.

Company Details

Symbol:DHINDIA
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Harsh Kumar Vora B.Com.
CEO, MD & Whole-Time Chairman of the Board
Mr. Rajesh Songirkar
Chief Financial Officer
Mr. Rajesh Sen C.S.
Compliance Officer & Company Secretary

DHINDIA Share Price: Frequently Asked Questions

What is the current share price of D&H India Ltd?

D&H India Ltd (DHINDIA) trades at ₹249.55 on NSE and BSE. Market cap ₹111.15 (Cr). Educational data only.

What is the P/E ratio of D&H India Ltd?

D&H India Ltd has a P/E of 16.76x vs industry average 33.94x.

What is the Bull Run score for D&H India Ltd?

D&H India Ltd has a Bull Run score of 64.2/100 based on 25+ financial parameters.

Does D&H India Ltd pay dividends?

D&H India Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of D&H India Ltd?

D&H India Ltd has ROE of 11.56%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of D&H India Ltd?

D&H India Ltd has debt-to-equity of 1.35.

Is D&H India Ltd a good investment?

Bull Run gives D&H India Ltd a score of 64.2/100. This is not investment advice — consult a SEBI-registered advisor.