DHINDIA
D & H India financials
- Market cap
- ₹278 Cr
Quarterly results
Q1 FY27: revenue up 24.7%, net profit up 47.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 50 | 55 | 59 | 53 | 66 +30% | 62 +12% | 72 +22% | 66 +25% |
| EBITDA | 3 | 4 | 4 | 4 | 4 +27% | 6 +43% | 5 +7% | 4 +2% |
| Net profit | 1 | 2 | 2 | 1 | 2 +143% | 3 +86% | 2 +15% | 2 +48% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +19.3% 1Y
1Y: ₹160.1 on 10 Sept 2025 → ₹191. High ₹297.7 (23 Apr 2026), low ₹115.12 (17 Dec 2025).
Financials, as filed
Revenue grew 26.5% a year over 2 years, FY24 to FY26. Operating margin widened to 7.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹158 Cr | ₹209 Cr | ₹253 Cr |
| Operating profit | ₹10 Cr | ₹15 Cr | ₹18 Cr |
| Operating margin | 6.0% | 6.9% | 7.3% |
| Interest | ₹3 Cr | ₹5 Cr | ₹5 Cr |
| Depreciation | ₹2 Cr | ₹3 Cr | ₹4 Cr |
| Net profit | ₹3 Cr | ₹5 Cr | ₹8 Cr |
| Net margin | 1.7% | 2.5% | 3.3% |
| Cash from operations | ₹0 Cr | ₹-2 Cr | ₹22 Cr |
| Free cash flow | ₹-14 Cr | ₹-12 Cr | ₹11 Cr |
| ROCE | 10.0% | 13.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹7 Cr | ₹7 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹10 Cr |
| Reserves | ₹22 Cr | ₹24 Cr | ₹30 Cr | ₹34 Cr | ₹42 Cr | ₹68 Cr |
| Borrowings | ₹15 Cr | ₹21 Cr | ₹28 Cr | ₹38 Cr | ₹67 Cr | ₹47 Cr |
| Other liabilities | ₹12 Cr | ₹14 Cr | ₹19 Cr | ₹22 Cr | ₹30 Cr | ₹27 Cr |
| Total liabilities | ₹56 Cr | ₹66 Cr | ₹85 Cr | ₹101 Cr | ₹147 Cr | ₹151 Cr |
| Fixed assets | ₹14 Cr | ₹17 Cr | ₹21 Cr | ₹29 Cr | ₹38 Cr | ₹46 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹7 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr |
| Other assets | ₹41 Cr | ₹49 Cr | ₹63 Cr | ₹68 Cr | ₹101 Cr | ₹102 Cr |
| Total assets | ₹56 Cr | ₹66 Cr | ₹85 Cr | ₹101 Cr | ₹147 Cr | ₹151 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +7.41 pp while promoters trimmed −7.40 pp. The shareholder count shrank 3% to 4,906.
- Promoters
- 44.9%
- DIIs
- 0.0%
- Public
- 55.1%
Since Jun 2025
- Public +7.41 pp
- Promoters −7.40 pp
- DIIs −0.01 pp
How it drifted, 12 quarters
Over this window the public went from 47.7% to 55.1% — +7.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Dec '23: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Mar '24: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Jun '24: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Sep '24: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Dec '24: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Mar '25: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Jun '25: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Sep '25: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Dec '25: Promoters 52.3%, DIIs 0.0%, Public 47.7%.Mar '26: Promoters 44.9%, DIIs 0.0%, Public 55.1%.Jun '26: Promoters 44.9%, DIIs 0.0%, Public 55.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Krishnagopal Motilal Chandak newly disclosed 2.93% held
- Vikash Goenka newly disclosed 1.50% held
- Madhusudan Jain newly disclosed 1.16% held
- Dr Ramesh Chimanlal Shah +0.10 pp 1.30% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of D & H India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Saurabh Vora | 16.50% | unchanged |
| Harsh Vora | 10.74% | unchanged |
| Kiran Vora | 9.20% | unchanged |
| Indo Thai Securities Limited | 7.82% | unchanged |
| Harsh Kumar Vora (Huf) | 6.58% | unchanged |
| Iepf | 3.35% | unchanged |
| Krishnagopal Motilal Chandak | 2.93% | newly disclosed |
| Aishwarya Lunia Kakrecha | 2.28% | unchanged |
| Sangeetha S . | 2.08% | unchanged |
| Vikash Goenka | 1.50% | newly disclosed |
| Dr Ramesh Chimanlal Shah | 1.30% | +0.10 pp |
| Madhusudan Jain | 1.16% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse D & H India Limited
Guides on how to read this kind of business and the numbers that matter.