Dhunseri Ventures share price & results
- Jun 2026
- Sept 2026
Kolkata-based investment holding company trading PET Resin/commodities, with a BOPET film-manufacturing subsidiary, 50:50 petrochemical JVs with Indorama, and a Singapore bakery subsidiary (Twelve Cupcakes).
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 155 | +21.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 56.0 | −3.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 109 | +5.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 5.90 | −0.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | −85.9 pts | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | -20.00 | −10.2 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −21.2% 1Y
1Y: ₹333.55 on 24 Oct 2025 → ₹262.85. High ₹337.95 (29 Oct 2025), low ₹187.39 (30 Mar 2026).
- Previous close
- ₹252.6
- Market cap
- ₹885 Cr
- 52-week range
- ₹187.39 – ₹337.95
- One year
- −21.49%
- Price to earnings (TTM to Jun 2026)
- 4.63×
- Return on equity (TTM to Jun 2026)
- 5.90%
Overview
- Symbol
- NSE:DVL
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Dhunseri Ventures Limited does
Based on the company's own presentations, annual report and earnings calls.
Dhunseri Ventures Limited is an investment holding company whose standalone business is trading PET Resin and commodities and holding treasury investments in listed shares. Through its wholly-owned subsidiary Dhunseri Poly Films Pvt Ltd (DPFPL), it runs a BOPET film manufacturing plant at Panagarh, West Bengal, and has a BOPP production line under construction at Jammu. It holds 50% joint-venture stakes alongside the Indorama Ventures group in PET-resin/polyester producers IVL Dhunseri Petrochem Industries Pvt Ltd and IVL Dhunseri Polyester Company S.A.E. It also owns 81.83% of Singapore-based bakery chain Twelve Cupcakes Pte Ltd and 100% of Dhunseri Infrastructure Ltd, which holds the company's land/property assets.
Segments
- PET Resin & commodity trading
- Treasury/investment operations
- BOPET/BOPP film manufacturing
- Petrochemicals/polyester joint ventures
- Bakery / F&B (Twelve Cupcakes)
- Infrastructure/real estate
- Manufacturing footprint (via subsidiary)
- 1 BOPET film plant (Panagarh, West Bengal); BOPP line under construction (Jammu)
- Group structure
- 2 wholly-owned subsidiaries (DIL, DPFPL), 1 majority-owned subsidiary (Twelve Cupcakes Pte Ltd), 2 JVs with Indorama Ventures group
- JV stake — IVL Dhunseri Petrochem Industries Pvt Ltd
- 50%
- JV stake — IVL Dhunseri Polyester Company S.A.E
- 50%
- Stake in Twelve Cupcakes Pte Ltd (Singapore bakery chain)
- 81.83%
- Standalone permanent employees
- 20 (FY25)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +6% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 94 | 71 | 103 | 128 | 49 | 39 | 48 | 155 |
| Expenses | 60 | 54 | 225 | 53 | 91 | 86 | 126 | 68 |
| Operating profit | 34 | 18 | -122 | 75 | -42 | -47 | -78 | 87 |
| Operating margin | 36.0% | 25.0% | −118.0% | 59.0% | −87.0% | −119.0% | −161.0% | 56.0% |
| Other income | 35 | 42 | 13 | 55 | -8 | 33 | 16 | 54 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Profit before tax | 68 | 58 | -111 | 128 | -52 | -15 | -63 | 140 |
| Tax rate | 22.0% | 24.0% | −22.0% | 20.0% | −18.0% | −21.0% | −32.0% | 22.0% |
| Net profit | 53 | 44 | -87 | 103 | -43 | -12 | -43 | 109 |
| EPS (₹ per share) | 15.05 | 12.71 | -24.89 | 29.43 | -12.20 | -3.43 | -12.22 | 31.15 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 265 | 349 | 395 | 264 |
| Expenses | 266 | 286 | 420 | 356 |
| Operating profit | -0 | 63 | -24 | -92 |
| Other income | 747 | 151 | 106 | 96 |
| Interest | 6 | 7 | 4 | 4 |
| Depreciation | 22 | 2 | 4 | 1 |
| Profit before tax | 718 | 207 | 76 | -2 |
| Net profit | 542 | 166 | 61 | 5 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 1,308 | 1,401 | 1,735 | 1,856 | 3,195 | 1,824 |
| Borrowings | 42 | 31 | 32 | 33 | 535 | 32 |
| Other liabilities | 36 | 33 | 94 | 42 | 596 | 53 |
| Total liabilities | 1,422 | 1,501 | 1,895 | 1,966 | 4,360 | 1,944 |
| Fixed assets | 14 | 15 | 19 | 20 | 592 | 18 |
| Capital work in progress | 0 | 0 | 0 | 0 | 128 | 0 |
| Investments | 1,308 | 1,431 | 1,789 | 1,839 | 3,093 | 1,775 |
| Other assets | 100 | 55 | 88 | 107 | 547 | 151 |
| Total assets | 1,422 | 1,501 | 1,895 | 1,966 | 4,360 | 1,944 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 2 | -1 | 139 | 12 | -380 | -69 |
| Cash from investing | 15 | 15 | -112 | 7 | 431 | 88 |
| Cash from financing | -13 | -21 | -30 | -25 | -22 | -34 |
| Net cash flow | 4 | -7 | -3 | -6 | 29 | -16 |
| Free cash flow | 2 | -1 | 136 | 12 | -386 | -70 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 0 | 0 | 0 | 36 | 27 | 61 |
| Inventory days | — | 0 | 0 | 1 | 0 | 0 |
| Days payable | — | — | — | 48 | — | — |
| Cash conversion cycle | 0 | 0 | 0 | -11 | 27 | 61 |
| Working capital days | 164 | 63 | -13 | -6 | 10 | 54 |
| Return on capital employed | 15.0% | 17.0% | 11.0% | 13.0% | 6.0% | 1.0% |
| Dividend payout | 7.0% | 8.0% | 15.0% | 10.0% | 29.0% | 541.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Flexible Packaging Films contributes 59.5% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Flexible Packaging Films 59.5%
₹137.91 crore
- Treasury Operations 40.5%
₹93.68 crore
- Food and Beverages (discontinued operations) 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Flexible Packaging Films | 137.91 | 59.5% |
| Treasury Operations | 93.68 | 40.5% |
| Food and Beverages (discontinued operations) | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹231.59 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹231.59 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Flexible Packaging Films grew from 0% to 60% of revenue over the last two years.
| Segment | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Flexible Packaging Films | 0% | 20% | 32% | 59% | 71% | 59% | 46% | 60% | +72.2% |
| Treasury Operations | 55% | 50% | 6% | 31% | 18% | 13% | 46% | 40% | +17.4% |
| Food and Beverages (discontinued operations) | — | — | — | — | — | — | — | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 75.00% as of Sept 2026; institutions cut 0.01 pts since Jun 2026.
- Promoters 75.00%
- Foreign institutions 0.54%
- Domestic institutions 1.73%
- Public 22.72%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 0.03% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Dhunseri Ventures Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 65.23% | unchanged | |
| 5.94% | unchanged | |
| Insurer | 1.72% | unchanged |
| 1.66% | unchanged | |
| 1.16% | unchanged | |
| 0.82% | unchanged | |
| 0.33% | unchanged | |
| 0.27% | unchanged | |
| 0.26% | unchanged | |
| 0.26% | unchanged | |
| 0.26% | unchanged | |
| 0.24% | unchanged |
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.
Your own record
Start an Inve Case for Dhunseri Ventures Limited
Free account: one company. Everything above stays public.
Write why you follow Dhunseri Ventures Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Capital Goods companies
Learn to analyse Dhunseri Ventures Limited
Guides on how to read this kind of business and the numbers that matter.