D & H India Share Price ₹180 | P/E 22.1

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of D & H India

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	36.49	39.44	33.25	35.50	42.90	46.18	44.47	50.31	55.20	59.15	52.90	65.62	61.95
Expenses +	33.83	36.97	31.41	33.40	40.17	43.35	41.70	47.18	51.05	54.68	49.24	61.65	56.73
Operating Profit	2.66	2.47	1.84	2.10	2.73	2.83	2.77	3.13	4.15	4.47	3.66	3.97	5.22
OPM %	7.29%	6.26%	5.53%	5.92%	6.36%	6.13%	6.23%	6.22%	7.52%	7.56%	6.92%	6.05%	8.43%
Other Income +	0.02	0.05	0.02	0.02	0.02	0.12	0.01	0.03	0.04	0.45	0.18	0.24	0.17
Interest	0.56	0.53	0.69	0.72	0.81	0.78	1.01	1.04	1.21	1.27	1.26	1.40	1.55
Depreciation	0.44	0.47	0.47	0.47	0.51	0.63	0.68	0.68	0.88	0.73	0.83	0.87	0.85
Profit before tax	1.68	1.52	0.70	0.93	1.43	1.54	1.09	1.44	2.10	2.92	1.75	1.94	2.99
Tax %	34.52%	38.82%	12.86%	44.09%	30.07%	64.29%	27.52%	54.17%	19.52%	31.16%	23.43%	18.04%	18.73%
Net Profit +	1.10	0.92	0.62	0.53	1.01	0.55	0.79	0.65	1.69	2.02	1.34	1.58	2.43
EPS in Rs	1.13	0.95	0.61	0.52	0.99	0.54	0.77	0.64	1.66	1.98	1.31	1.55	2.38

Financials of D & H India

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	71	66	63	60	69	79	79	68	91	139	158	209	240
Expenses +	66	63	59	56	65	74	77	66	86	129	148	194	222
Operating Profit	5	3	3	4	3	6	2	2	5	9	10	15	17
OPM %	7%	5%	5%	6%	5%	7%	2%	3%	5%	7%	6%	7%	7%
Other Income +	0	1	0	0	0	0	-0	0	0	0	0	1	1
Interest	1	1	1	2	2	2	2	1	1	2	3	5	5
Depreciation	1	2	2	2	2	2	2	2	2	2	2	3	3
Profit before tax	3	2	0	0	0	2	-2	-1	2	6	5	8	10
Tax %	35%	27%	38%	42%	40%	22%	-9%	-18%	-7%	26%	41%	32%
Net Profit +	2	1	0	0	0	2	-2	-1	2	4	3	5	7
EPS in Rs	2.11	1.27	0.31	0.31	0.20	2.05	-1.85	-0.84	2.58	4.35	2.65	5.05	7.22
Dividend Payout %	19%	31%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Financials of D & H India

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	7	7	7	7	7	7	7	7	7	8	8	8	8
Reserves	21	22	22	23	23	25	23	22	24	30	34	39	42
Borrowings +	5	10	14	15	13	16	16	15	18	28	38	53	67
Other Liabilities +	21	17	15	16	19	17	15	12	16	19	22	22	30
Total Liabilities	54	56	59	60	63	65	61	56	66	85	101	121	147
Fixed Assets +	20	22	22	21	19	18	16	14	17	21	29	39	38
CWIP	1	0	0	0	0	0	0	1	0	0	4	0	7
Investments	0	0	0	0	0	0	0	0	0	0	0	0	1
Other Assets +	33	34	37	39	43	47	45	41	49	63	68	81	101
Total Assets	54	56	59	60	63	65	61	56	66	85	101	121	147

Financials of D & H India

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	4	1	-1	2	2	-1	-0	2	1	5	-0	-2
Cash from Investing Activity +	-6	-1	-0	-2	0	0	1	-1	-5	-9	-14	-7
Cash from Financing Activity +	-1	1	2	-1	-3	1	-1	-2	4	4	15	11
Net Cash Flow	-2	0	0	-0	-0	-0	-0	-0	-0	0	0	1
Free Cash Flow	-2	-2	-2	2	2	-2	0	1	-3	-0	-14	-12
CFO/OP	111%	53%	-20%	64%	66%	-18%	17%	100%	24%	69%	6%	-7%

Financials of D & H India

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	68	64	85	81	80	76	74	88	73	74	80	89
Inventory Days	124	151	161	202	180	172	164	161	138	96	76	52
Days Payable	99	79	81	86	100	77	62	54	63	48	46	29
Cash Conversion Cycle	93	137	165	196	160	172	176	194	148	122	110	112
Working Capital Days	45	49	64	67	71	79	76	106	80	67	52	47
ROCE %	12%	7%	5%	5%	4%	9%	1%	1%	8%	13%	10%	13%

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