D & H India Ltd (DHINDIA) — shareholding pattern, promoter holding, financials and share price
About D & H India Ltd (DHINDIA)
D & H India Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as DHINDIA and on the BSE under scrip code 517514. Its ISIN is INE589D01018.
Incorporated in 1985, D & H India Ltd manufactures welding consumables and Metallurgical Cored Wire. [1]
D&H India Limited is a leading manufacturer of welding electrodes, consumables, and related products, holding a significant position in the Indian welding industry.
The company has a rich history of collaboration with international entities, fostering advanced manufacturing methodologies.
Listed peers in Industrial Products: Thaai Casting Ltd, Le Merite Exports Ltd, Cool Caps Industries Ltd, Fluidomat Ltd, Cosmo Ferrites Ltd, TRF Ltd.
Valuation & Returns
10 Jul 2026At ₹264.55 a share on 10 Jul 2026, D & H India Ltd (DHINDIA) was valued at a price-to-earnings ratio of 35.3x against an industry P/E of 48.01x and a price-to-book of 5.76x on a book value of ₹45.9 per share as of Mar 2025. Solomo computes return on equity of 16.32% and return on capital employed of 15.5% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 35.3x
- Industry P/E
- 48.01x
- P/B
- 5.76x
- EPS (TTM)
- ₹7.49
- Book value / share
- ₹45.9
- ROE
- 16.32%
- ROCE
- 15.5%
- ROA
- 6.33%
- Debt / equity
- 1.12x
- Dividend yield
- 0%
- EBITDA margin
- 6.65%
- 52-week range
- ₹112.93 – ₹304.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, D & H India Ltd (DHINDIA) reported revenue of ₹253 crore, net profit of ₹8 crore and earnings per share of ₹8.19. That compares with revenue of ₹209 crore and net profit of ₹5 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹72.24 crore and net profit ₹2.32 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 91 | 139 | 158 | 209 | 253 |
| Net profit (₹ cr) | 2 | 4 | 3 | 5 | 8 |
| EPS (₹) | 2.58 | 4.35 | 2.65 | 5.05 | 8.19 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 14.85% | 21.34% | 31.86% | 32.51% |
| Profit growth | 32.88% | - | 28.79% | 90.74% |
| Stock price CAGR | 32% | 61% | 57% | 4% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.86% of D & H India Ltd (DHINDIA) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.02%. Market capitalisation was ₹271 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2003.
Largest disclosed public shareholders in Jun 2026: INDO THAI SECURITIES LIMITED 7.82%, KRISHNAGOPAL MOTILAL CHANDAK 2.93%, HUF 2.67%, AISHWARYA LUNIA KAKRECHA 2.28%, SANGEETHA S 2.08%, VIKASH GOENKA 1.5%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.86% | - | - | 0.02% | 55.14% |
| Mar 2026 | 44.86% | - | - | 0.02% | 55.14% |
| Dec 2025 | 52.26% | - | - | 0.03% | 47.74% |
| Sep 2025 | 52.26% | - | - | 0.03% | 47.74% |
| Jun 2025 | 52.26% | - | - | 0.03% | 47.74% |
| Mar 2025 | 52.26% | - | - | 0.03% | 47.74% |
| Dec 2024 | 52.26% | - | - | 0.03% | 47.74% |
| Sep 2024 | 52.26% | - | - | 0.03% | 47.74% |