Dhoot Transmission Limited
NSE: DHOOTTRANSAuto Components & Equipments
Share price
₹1,440.40
-1.59% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
60
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹27,368 Cr
P/E ratio
66.4
P/B ratio
—
ROCE
24.4%
ROE
24.0%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 29.9% a year against a sector median of 10.5% — 19.4 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Dhoot Transmission Limited — this one | — | 66.4× | — |
| Samvardhana Motherson International Limited | 40%/yr | 35.3× | ₹0.88 |
| Bosch Limited | 14%/yr | 54.8× | ₹3.9 |
| Bharat Forge Limited | 33%/yr | 85.2× | ₹2.6 |
| UNO Minda Limited | 23%/yr | 51.0× | ₹2.2 |
| Schaeffler India Limited | 10%/yr | 46.2× | ₹4.6 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 20 of 101 on returns, 6 of 99 on growth, 33 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 24.4% on capital, ahead of 80% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Roughly — Over the last five years it made ₹1108 crore of cash from the business and spent about as much on plant and equipment. And the profit is real: of every 100 rupees it reported over 5 years, about 99 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 5 days for its cash to waiting 14 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 8 checks clear · 75%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 4 Sep 2026 · Consolidated · Unaudited
Revenue
₹1,446 Cr
Net profit
₹133 Cr
Net margin
9.2%
EPS
₹7.04
Earnings call transcript · 4 Sep 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹27,368 Cr
- Prev close
- ₹1,440.40
- 52w High
- ₹1,735
- 52w Low
- ₹1,131
- Enterprise value
- ₹29,293 Cr
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 9.7%
- PEG ratio
- —
- P/E ratio
- 66.4
- P/B ratio
- —
- EV / EBITDA
- 42.6
- Industry P/E
- 30.6
- ROCE
- 24.4%
- ROCE 5y average
- 24.3%
- ROE
- 24.0%
- Debt / Equity
- 0.4
- Interest coverage
- 6.5
- Dividend yield
- 0.0%
- ROE 3y average
- 32.0%
- ROE last year
- 24.0%
Annual P&L
- Annual revenue
- ₹4,525 Cr
- Annual profit
- ₹397 Cr
- Operating margin
- 16.0%
- Net profit margin
- 8.8%
- EBITDA margin
- 15.8%
- Sales growth 3y
- 43.1%
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- 65.0%
- EPS
- ₹21.1
- Sales growth TTM
- 31.0%
- Profit growth TTM
- 16.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹1,446 Cr
- Profit latest quarter
- ₹133 Cr
- YoY quarterly sales growth
- 49.7%
- YoY quarterly profit growth
- 38.5%
- OPM latest quarter
- 15.0%
Balance Sheet
- Book Value
- ₹128
- Face Value
- ₹2.0
- Total debt
- ₹918 Cr
- Total cash
- ₹1,096 Cr
- Borrowings
- ₹918 Cr
- Reserves / Equity
- 63.1
Cash Flow
- Operating cash flow
- ₹348 Cr
- Free cash flow
- ₹19 Cr
- FCF yield
- -0.3%
- Net cash flow
- ₹1,038 Cr
Shareholding
- Promoter holding
- 82.8%
- FII holding
- 2.3%
- DII holding
- 5.8%
- Public holding
- 9.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | 157.03 | 36.3 | 1,65,736 | 0.38 | 1,075.7 | 81.5 | 35,243.8 | 16.6 | 13.4 |
| Bosch | 45,480.00 | 56.8 | 1,34,148 | 0.59 | 706.1 | 5.2 | 5,841.9 | 22.0 | 21.5 |
| Bharat Forge | 1,875.00 | 90.7 | 91,626 | 0.45 | -89.9 | -57.7 | 4,639.9 | 18.7 | 12.6 |
| Uno Minda | 1,111.00 | 52.5 | 64,157 | 0.24 | 315.5 | 1.8 | 5,556.9 | 23.8 | 19.6 |
| Schaeffler India | 3,885.60 | 47.0 | 60,733 | 0.90 | 336.7 | 13.7 | 2,681.4 | 17.5 | 27.9 |
| Sona BLW Precis. | 805.00 | 64.6 | 50,242 | 0.42 | 220.1 | 73.4 | 1,157.2 | 50.8 | 15.1 |
| Tube Investments | 2,340.00 | 72.3 | 45,296 | 0.15 | 294.0 | -15.3 | 6,215.3 | 17.1 | 17.1 |
| Dhoot Transmission | 1,443.40 | 65.9 | 29,524 | 0.00 | 132.7 | 36.9 | 1,446.4 | 49.7 | 24.4 |
| Median | 446.75 | 28.9 | 1,568 | 0.34 | 12.3 | 22.3 | 265.5 | 21.0 | 16.4 |
Competes with: Bharat Forge Limited, Bosch Limited, Minda Corporation Limited, Molbio Diagnostics Limited, Motherson Sumi Wiring India Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 966 | 1,277 | 1,446 |
| Expenses | 797 | 1,098 | 1,228 |
| Material Cost | 993 | ||
| Change in Inventories | -6.67 | ||
| Purchases of Stock-in-Trade | 0 | ||
| Employee Cost | 114 | ||
| Other Expenses | 127 | ||
| Operating Profit | 169 | 179 | 218 |
| OPM % | 18 | 14 | 15 |
| Other Income | 5 | 3 | 11 |
| Exceptional items (within Other Income) | -3 | ||
| Interest | 23 | 23 | 15 |
| Depreciation | 27 | 35 | 40 |
| Profit before tax | 124 | 125 | 174 |
| Tax % | 22 | 23 | 24 |
| Net Profit | 96 | 95 | 133 |
| EPS in Rs | 483 | 5.05 | 7.04 |
| Diluted EPS in Rs | 7.04 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 1,246 | 1,544 | 2,798 | 3,445 | 4,525 |
| Expenses | 1,124 | 1,397 | 2,281 | 2,851 | 3,812 |
| Operating Profit | 122 | 147 | 517 | 594 | 713 |
| OPM % | 10 | 10 | 18 | 17 | 16 |
| Other Income | 7 | 1 | -0 | 27 | 18 |
| Interest | 41 | 34 | 52 | 71 | 93 |
| Depreciation | 43 | 46 | 76 | 93 | 123 |
| Profit before tax | 44 | 69 | 388 | 458 | 516 |
| Tax % | 30 | 40 | 23 | 23 | 23 |
| Net Profit | 31 | 42 | 299 | 354 | 397 |
| EPS in Rs | 175 | 238 | 1,699 | 2,012 | 21 |
| Dividend Payout % | 6 | 4 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 43%
- TTM
- 31%
Compounded profit growth
- 10 years
- —
- 5 years
- 65%
- 3 years
- —
- TTM
- 16%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 32%
- Last year
- 24%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 17 | 18 | 38 |
| Reserves | 231 | 272 | 731 | 976 | 2,397 |
| Borrowings | 459 | 383 | 576 | 815 | 918 |
| Other Liabilities | 265 | 269 | 370 | 514 | 753 |
| Total Liabilities | 972 | 941 | 1,694 | 2,323 | 4,106 |
| Fixed Assets | 379 | 385 | 681 | 892 | 1,383 |
| CWIP | 11 | 15 | 40 | 188 | 18 |
| Investments | 6 | 17 | 6 | 4 | 0 |
| Other Assets | 575 | 525 | 966 | 1,238 | 2,704 |
| Total Assets | 972 | 941 | 1,694 | 2,323 | 4,106 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 24 | 175 | 241 | 320 | 348 |
| Cash from Investing Activity | -50 | -79 | -311 | -442 | -1,222 |
| Cash from Financing Activity | 14 | -115 | 63 | 138 | 1,912 |
| Net Cash Flow | -11 | -19 | -6 | 16 | 1,038 |
| Free Cash Flow | -36 | 121 | -31 | -65 | 19 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 69 | 57 | 55 | 64 | 64 |
| Inventory Days | 86 | 64 | 68 | 70 | 78 |
| Days Payable | 80 | 61 | 62 | 69 | 73 |
| Cash Conversion Cycle | 75 | 59 | 60 | 64 | 69 |
| Working Capital Days | 5 | 7 | 12 | 7 | 14 |
| ROCE % | 15 | 34 | 24 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
own EV share %
27.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
News
News and filings about Dhoot Transmission Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- copper
Depends on the price of
- copper
Sells to
- Bajaj Auto · wiring harnesses and electrical distribution systems
- Honda Motorcycle & Scooter India · wiring harnesses and electrical distribution systems
- Royal Enfield · wiring harnesses and electrical distribution systems
- TVS Motor Company · wiring harnesses and electrical distribution systems
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Automobile and Auto Components
- Industry
- Auto Components & Equipments
- Classification
- Automobile and Auto Components › Auto Components & Equipments
- ISIN
- INE01NH01023
Plants
- Aurangabad manufacturing facilities · Aurangabad, Maharashtra
- Hosur manufacturing facilities · Hosur, Tamil Nadu
- Jhajjar manufacturing facilities · Jhajjar, Haryana
- Manesar manufacturing facilities · Manesar, Haryana
- Pithampur manufacturing facilities · Pithampur, Madhya Pradesh
- Pune manufacturing facilities · Pune, Maharashtra
- Slovakia manufacturing facility
- Thailand manufacturing facility
- United Kingdom manufacturing facility
News impact
Big market events that reach Dhoot Transmission Limited, and how the effect spreads.
1 Oct, 10:45 IST · Market event · high impact
Motilal Oswal Alternates sells over 2% stake in Molbio Diagnostics for ₹306 cr
Motilal Oswal's fund sold a 2% Molbio Diagnostics stake for ₹306 crore, pressuring Molbio shares short-term while the fund and block buyers gain; labs, device peers and brokers are unaffected.
Who it hits first
- A Motilal Oswal Alternates fund sold 23.28 lakh Molbio Diagnostics shares, over 2%, for Rs 306 crore at Rs 1315.01 each.
- Molbio shares face near-term selling pressure as the market absorbs the extra supply.
- The selling fund locks in cash and a realized return it can report to investors and redeploy.
Who may gain
- Motilal Oswal Alternates fund investors, who get Rs 306 crore of realized cash back
- Institutions that bought the block, if they picked up Molbio shares at a discount to the market price
- No operating winner: demand for diagnostic tests and machines is unchanged by a share sale
Along the supply chain
Downstream
No downstream link: distributors, labs and hospitals buy diagnostic tests, not the fund's shares.
Upstream
No upstream supply link: a secondary share sale does not change what Molbio buys from parts or material makers.
Where demand moves
Business
No business demand shifts: hospitals and labs order the same Molbio machines and test cartridges the day after a shareholder sells stock.
Capital
Rs 306 crore of equity moves from the seller fund to block buyers; the fund books liquidity and eventual performance fees while Molbio shares digest the new supply.
How it spreads across sectors
Financial Services
Tiny and neutral for brokers: one Rs 306 crore fund realization does not move trading volumes or fees.
Healthcare
Neutral: a single-stock ownership change with no pricing, volume or policy readthrough to labs or device makers.
When it plays out
Immediate
Molbio stock wobbles for 1-7 days as the block supply settles and buyers are revealed.
Medium term
Within 1-6 months the episode fades; Molbio trades on test volumes and earnings, the fund on its next exits.
Short term
Over 1-4 weeks the price finds its level near the block price unless a big new holder keeps buying.
15 Sept, 21:06 IST · Market event · medium impact
Bharat Forge, Pratt & Whitney Canada team up for India’s HALE UAV programme
Bharat Forge teamed up with Pratt & Whitney Canada to build engines and parts for India's high-flying spy drones, which could bring it future defence orders; rivals gain nothing directly, and no money changes hands yet.
Who it hits first
- Bharat Forge gains a world-class propulsion partner for India's HALE UAV programme, de-risking its bid for future indigenous defence drone orders; no revenue accrues yet.
Who may gain
- Bharat Forge is the sole listed beneficiary; Pratt & Whitney Canada is unlisted so no listed-company upside exists on its side.
Along the supply chain
Downstream
No impact on Bharat Forge auto OEM customers; this is a separate defence business line. Programme offtake (IAF/DRDO) is years out.
Upstream
Eventual pull for specialty steel and forging inputs only if programme orders materialise — months to years away.
Where demand moves
Business
No demand shifts today — the tie-up creates no orders yet; if the HALE programme converts to RFPs, Bharat Forge is positioned for propulsion-structures work.
Capital
Mild sentiment buying in Bharat Forge on the defence premium; no sector rotation since auto-component peers are untouched.
How it spreads across sectors
Automobile and Auto Components
Neutral — the JV touches none of the sector's demand drivers.
Capital Goods
Neutral to mildly positive on aerospace manufacturing momentum.
Defence
Mildly positive sentiment — another indigenous UAV programme milestone.
When it plays out
Immediate
Sentiment pop of 1-3% in Bharat Forge over 1-7 days; peers flat.
Medium term
HALE programme RFPs and order wins over 1-6 months would re-rate the stock on real revenue.
Short term
Watch for detail announcements (work-share, investment, facility) over 1-4 weeks.
15 Sept, 19:09 IST · Market event · medium impact
Uno Minda to invest ₹1,415 crore in capex across India
Uno Minda will spend Rs 1,415 crore building more auto-parts factories in India, which supports its own growth story while rival parts makers face a stronger competitor over time.
Who it hits first
- Uno Minda commits Rs 1,415 crore of growth capex across five product lines (alloy wheels, aluminium casting, moulding, trim, sealing). Near-term cash outflow and execution risk; revenue and profit uplift builds over 12-36 months as plants commission and car-maker (OEM) orders fill them.
Who may gain
- Uno Minda itself via higher future sales capacity. Plant-equipment vendors and aluminium suppliers see small extra orders. Car and bike makers get a deeper local supplier. No rival directly gains; direct rivals face a stronger competitor over time.
Along the supply chain
Downstream
Car and bike makers (Maruti, Mahindra, TVS, Hero, Bajaj, Eicher, Tata Motors, Ashok Leyland) get more local supply choice for wheels, castings and trim, which helps them buy more parts made in India and negotiate prices; no disruption to anyone.
Upstream
Small positive for capital-equipment makers that build the new plants and for aluminium suppliers feeding the casting lines; each order is small against their total sales.
Where demand moves
Business
New Uno Minda capacity absorbs forecast two-wheeler and car-maker demand growth; if demand softens, the new plants risk running half-empty and dragging margins.
Capital
The capex confirms healthy auto-parts order books, so investor money likely stays with sector leaders rather than leaving; no fear-driven rotation out of the sector.
How it spreads across sectors
Automobile and Auto Components
Growth-capex by a leader validates demand; direct rivals in wheels, casting and trim face tougher competition over 1-3 years.
Capital Goods
Tiny second-order lift from plant-equipment orders for the new factories.
Metals
Immaterial extra aluminium demand at macro scale.
When it plays out
Immediate
Uno Minda up 1-3% on the growth signal over 1-7 days; peers flat as no earnings change today.
Medium term
Equipment orders and plant milestones over 1-6 months; full revenue benefit only as capacity commissions across 12-36 months, with margin-drag risk if demand disappoints.
Short term
Analysts refresh capex and earnings models over 1-4 weeks; watch for company disclosure on phasing, funding and commissioning dates.
12 Sept, 04:23 IST · Market event · low impact
20% of India's bikes could go electric; Ultraviolette to set up Rs 779 crore EV factory in Hosur
Electric bikes may take a fifth of the market as Ultraviolette builds a Rs 779 crore factory — EV parts makers and early movers like TVS gain, while slow movers risk falling behind.
Who it hits first
- EV-component makers (Sona, Dhoot, Sansera) gain order visibility
- 2W OEMs split: TVS and Bajaj (EV-ready) gain, Hero and Eicher face transition questions
- Forging-heavy suppliers face long-term content loss
Who may gain
- SONACOMS, DHOOTTRANS: EV content winners
- TVSMOTOR, BAJAJ-AUTO: EV-ready OEMs
- Hosur EV cluster suppliers
Along the supply chain
Downstream
Dealers add EV inventory and charging tie-ups; 2W buyers get more choice and keener pricing.
Upstream
Battery, motor, controller and harness suppliers gain a growing domestic customer base.
Where demand moves
Business
Ultraviolette's factory and 20% penetration guidance pull component orders toward EV-ready suppliers over 1-2 years; ICE-only suppliers see mix shift, not cliff.
Capital
EV-theme money favors proven executors (TVS, Sona) over story stocks; laggards derate mildly on transition risk.
How it spreads across sectors
Automobile and Auto Components
positive for EV-exposed, mixed for ICE-heavy, over 2-5 years
When it plays out
Immediate
EV names edge up 1-2% on headlines
Medium term
20% penetration over years decides winners; content-mix shifts compound
Short term
Factory progress and monthly e-2W sales set the pace
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 17 Aug 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 11,23,089 | ₹1,171.15 |
| 17 Aug 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 11,23,089 | ₹1,171.71 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call4 Sep 2026
- Results presentation30 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.