Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Dhunseri Ventures Limited

NSE: DVLPackaging

Share price

₹279.30

+3.35% close of 9 Oct 2026

Market cap ₹978 CrP/E 5.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

44

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹978 Cr

P/E ratio

5.1

P/B ratio

0.3

ROCE

6.7%

ROE

4.8%

Dividend yield

1.8%

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.

Prices as of 9 Oct 2026 close52-week high ₹367.8052-week low ₹187.39

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2024 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2024 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 5.1× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.1×, across 5 companies. It is against its own five-year median of 4.2×, the 58th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Dhunseri Ventures Limited — this one-34%/yr5.1×—
EPL Limited22%/yr18.1×₹0.82
AGI Greenpac Limited—13.7×—
UFLEX Limited-17%/yr6.5×—
TCPL Packaging Limited3%/yr30.8×₹10.3
Polyplex Corporation Limited-60%/yr20.5×—

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 (Packaging), it ranks 25 of 36 on returns, 3 of 35 on growth, 26 of 36 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?

No durable advantage shows in the numbers: it earns 6.7% on capital, ahead of 31% 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

No — Over the last five years the business itself consumed ₹370 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹115 crore to ₹952 crore. But only about 12 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back faster than it used to: it went from being waiting 94 days for its cash to paid 60 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 10 checks clear · 50%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹232 Cr

Net profit

₹174 Cr

EPS

₹49.76

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
₹978 Cr
Prev close
₹279.30
52w High
₹372
52w Low
₹187
Enterprise value
₹1,106 Cr
Beta
1.1
Price CAGR 1y
-23.0%
Price CAGR 3y
2.0%
Price CAGR 5y
-1.0%
Price CAGR 10y
—

Ratios

Return on assets
1.8%
PEG ratio
-0.2
P/E ratio
5.1
P/B ratio
0.3
EV / EBITDA
—
Industry P/E
17.4
ROCE
6.7%
ROCE 5y average
14.6%
ROE
4.8%
Debt / Equity
0.3
Interest coverage
2.7
Dividend yield
1.8%
ROE 3y average
5.0%
ROE last year
5.0%

Annual P&L

Annual revenue
₹372 Cr
Annual profit
₹88 Cr
Operating margin
6.0%
Net profit margin
23.7%
EBITDA margin
6.2%
Sales growth 3y
17.0%
Sales growth 5y
15.4%
Profit growth 3y
-34.0%
Profit growth 5y
-8.0%
EPS
₹26.0
Sales growth TTM
-20.0%
Profit growth TTM
44.0%
Dividend payout
52.0%

Quarter P&L

Sales latest quarter
₹232 Cr
Profit latest quarter
₹174 Cr
YoY quarterly sales growth
44.9%
YoY quarterly profit growth
145.1%
OPM latest quarter
39.3%

Balance Sheet

Book Value
₹939
Face Value
₹10.0
Total debt
₹952 Cr
Total cash
₹110 Cr
Borrowings
₹952 Cr
Reserves / Equity
92.9

Cash Flow

Operating cash flow
-₹102 Cr
Free cash flow
-₹822 Cr
FCF yield
-90.9%
Net cash flow
-₹45 Cr

Shareholding

Promoter holding
75.0%
FII holding
0.6%
DII holding
1.7%
Public holding
22.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
EPL Ltd237.0318.57,6041.05100.6-1.41,387.925.317.8
AGI Greenpac787.5013.85,0950.8999.612.1785.314.219.5
Uflex643.156.74,6440.47423.1629.65,366.037.67.0
TCPL Packaging4,031.5030.43,6690.6237.665.5474.015.817.9
Polyplex Corpn1,023.3020.73,2120.29171.1571.42,253.629.60.9
Jindal Poly Film653.2548.92,8600.00107.239.1695.8-23.8-2.0
XPRO India1,130.0081.22,6520.187.6244.9174.420.43.8
Dhunseri Vent.275.905.19661.81174.3136.3231.644.96.7
Median174.0320.44990.238.742.9138.722.512.7

Competes with: 3M India Limited, AGI Greenpac Limited, Balmer Lawrie & Company Limited, DCM Shriram Limited, EPL Limited, Godrej Industries Limited, Jindal Poly Films Limited, Knack Packaging Limited, Maheshwari Logistics Limited, Polyplex Corporation Limited, TCPL Packaging Limited, TTK Healthcare Limited, UFLEX Limited, Xpro India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales404357264161148113134160697271232
Expenses2526442551201017824378110114132141
Material Cost2.0561626466113
Change in Inventories8.46-2.232.83-5.26-0.20-2.02
Purchases of Stock-in-Trade0.4500000
Employee Cost5911128.22117.06
Other Expenses591949475523
Operating Profit1517139414734-10982-41-42-6191
OPM %3839223.36253230-8151-59-59-8539
Other Income3884204258977221445262108145
Exceptional items (within Other Income)1200000
Interest1186220-916271510154
Depreciation6671111117776666
Profit before tax4795183486113109-11093-10426226
Tax %14203229194015-212430-52623
Net Profit40761224706893-8771-13624174
EPS in Rs12223.556.95201927-2520-3.051.736.9650
Diluted EPS in Rs-4020-3.051.726.9550

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,172272297076270182272232429528372443
Expenses4,16982194373714871201232350465349496
Material Cost5.97247
Change in Inventories1.96-4.86
Purchases of Stock-in-Trade1.060
Employee Cost27233
Other Expenses197158
Operating Profit31912725-7811171-0796323-53
OPM %0.10723.402.803.30-1126126-0.1018126-12
Other Income39-208497543142198407746159206181367
Exceptional items (within Other Income)270
Interest10000223755616296643
Depreciation7400242826232229422625
Profit before tax-132-1894977829-71279450718193197113246
Tax %222-1134-10-20162025212822
Net Profit-161-1925515232-5723336054215214388191
EPS in Rs-29-36171159.41-166610315544412655
Diluted EPS in Rs-1926
Dividend Payout %-14-1112343-3443111252

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
30%
5 years
15%
3 years
17%
TTM
-20%

Compounded profit growth

10 years
35%
5 years
-8%
3 years
-34%
TTM
44%

Stock price CAGR

10 years
—
5 years
-1%
3 years
2%
1 year
-23%

Return on equity

10 years
12%
5 years
10%
3 years
5%
Last year
5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital353535353535353535353535
Reserves4254591,0651,1581,3271,1981,5692,0272,6022,9243,1543,253
Borrowings2,2841,0590117709273115365377388952
Other Liabilities7311,727100279173154216281528592593639
Minority Interest0
Total Liabilities3,4743,2801,2001,5891,6051,4791,8932,4593,5293,9284,1714,878
Fixed Assets1,64195016293454697477628621580
CWIP75464646464646845365574819
Investments451151,0801,1261,3121,2821,6392,0792,5132,7722,9963,097
Other Assets1,7132,1705838821496139220404473480382
Total Assets3,4743,2801,2001,5891,6051,4791,8932,4593,5293,9284,1714,878

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity354-21354-3429610130-26143-7-378-102
Cash from Investing Activity-121-68-273287-51-573513-30324536-410
Cash from Financing Activity-85-51-141104-85-40-567194-51-50467
Net Cash Flow148-140-6049-40410-534-34108-45
Free Cash Flow285-32351-3518693-10-106-215-92-453-823

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days18121045000002514
Inventory Days6931091212382871
Days Payable44665119801112623673
Cash Conversion Cycle43121010-5-110-67-10-11-21-312
Working Capital Days-54-4,76961814781215994533627-60
ROCE %-113876-5192428777

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs0.550.550.600.530.690.690.640.640.620.630.560.55
DIIs2.081.731.731.731.731.731.731.731.731.731.731.73
Public222323232323232323232323
No. of Shareholders23,65025,06324,33126,42425,28225,43625,88125,38224,55024,05523,60123,040

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -20.8% (₹352.80 → ₹279.30)Brick size ₹10.69 (fixed)Bricks 30
₹200₹250₹300₹350₹279Nov '25Jan '26Mar '26May '26
Price moved up one brickPrice moved down one brickLast close ₹279.30 on 9 Oct 2026

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.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

128inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Dhunseri Ventures 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.

Uses as raw material

  • PET chips (polyester chips) — feedstock for BOPET film (Dhunseri Poly Films, wholly-owned subsidiary)
  • PET resin — commodity trading segment
  • Polypropylene (PP) granules — feedstock for BOPP film (Kathua unit)

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Packaging
Classification
Capital Goods › Packaging
ISIN
INE477B01010

Business segments

  • Flexible Packaging Items · 87%
  • Foods and Beverages (discontinued operations) · 7%
  • Treasury Operations · 5%

Plants

  • Dhunseri Poly Films — Kathua BOPP Plant (greenfield, under construction)
  • Dhunseri Poly Films — Panagarh BOPET Plant (wholly-owned subsidiary)

News impact

Big market events that reach Dhunseri Ventures Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Aug 2026unspecified₹1.5
27 Feb 2026interim₹3.5
1 Aug 2025unspecified₹5
13 Aug 2024unspecified₹5
13 Sep 2023unspecified₹5
12 Sep 2023unspecified₹3
24 Aug 2022unspecified₹4
29 Jul 2022unspecified₹4

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.