Dhunseri Investments Limited (DHUNINV) AI Stock Analysis

• Market Cap: ₹6.09B
• Dividend Yield: 0.24%
• Average Volume (3M): 114.00
• Price to Earnings (P/E): 35.6
• Beta (1Y): 1.41
• Revenue Growth: -29.04%
• EPS Growth: -78.51%
• Country: IN
• Employees: 6
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): -43.88
• Shares Outstanding: 6,097,178
• 10 Day Avg. Volume: 173
• 30 Day Avg. Volume: 114
• PEG Ratio: 0.11
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 1.47
• P/FCF Ratio: -29.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹1,005.00 ▼(-16.86% Downside)

Dhunseri Investments Limited shows strong financial performance with robust revenue growth and profitability. However, technical analysis indicates bearish momentum, and the stock appears overvalued with a high P/E ratio and low dividend yield. These factors contribute to a moderate overall stock score.

Positive Factors

Strong equity base

A strong equity ratio provides durable financial resilience for a holding company. It reduces default and refinancing risk, enables the firm to hold investments through market cycles, and preserves capacity to fund opportunistic purchases or support affiliates without immediate external financing.

Positive operating cash flow

Sustained positive operating cash flow indicates the company converts investment income into cash efficiently. This supports recurring distributions, funds reinvestment without asset sales, and provides a buffer in down markets; a durable sign of core cash-generation ability.

Impressive return on equity

High ROE for an investment vehicle reflects effective capital allocation and portfolio management by leadership. Over months, strong ROE supports compounding of shareholder capital, larger retained earnings, and greater flexibility to pursue accretive investments or pay distributions.

Negative Factors

Declining free cash flow

A decline in free cash flow constrains the company's ability to fund dividends, new investments or cover shortfalls without asset sales or increased leverage. If persistent, reduced FCF limits strategic flexibility and can force realizations that hurt long-term portfolio returns.

Recent revenue contraction

Near-term ~29% revenue decline signals weaker investment income or fewer realizations. For a holding company, sustained revenue contraction reduces distributable earnings and the capacity to compound capital, pressuring long-term return generation and reinvestment plans.

Business tied to market and concentration risk

As an investment vehicle, earnings and cash flow are structurally exposed to market cycles, investee performance, and portfolio concentration. This increases durable volatility in income and makes outcomes heavily dependent on manager timing and external macro factors.

Dhunseri Investments Limited Business Overview & Revenue Model

Company Description

Dhunseri Investments Limited, a non-banking finance company, invests in shares and securities in India and Singapore. It operates through three segments: Trading, Treasury Operations, and Food and Beverages. The company operates bakery business of Twelve cupcakes; manufactures and sells BOPET films; and trades in PET resins. It also engages in the infrastructure business. The company was formerly known as DI Marketing Limited. Dhunseri Investments Limited was incorporated in 1997 and is based in Kolkata, India.

How the Company Makes Money

Dhunseri Investments Limited generates revenue primarily through its investment activities, which include capital gains from equity investments, dividends from portfolio companies, and interest income from fixed-income securities. The company carefully selects its investments across various sectors, aiming to capitalize on growth opportunities. Key revenue streams include returns from strategic investments in financial services and real estate, as well as income generated from managing its investment portfolio. Additionally, partnerships with other financial institutions and companies enhance its ability to identify profitable investment opportunities and optimize returns.

Dhunseri Investments Limited Financial Statement Overview

Summary

Dhunseri Investments Limited demonstrates strong revenue growth and profitability with efficient operational management, as evidenced by its high gross profit and EBIT margins. The balance sheet reflects a stable financial position with a solid equity base and moderate leverage. Cash flow analysis indicates positive operational cash flow, though challenges remain with free cash flow management.

Income Statement

Dhunseri Investments Limited shows a robust revenue growth trajectory with a significant increase in total revenue from the previous year. The gross profit margin and EBIT margin indicate strong operational efficiency, although the net profit margin is modest. The company demonstrates a healthy EBITDA margin, reflecting solid earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The company maintains a strong equity ratio, showcasing its financial stability and reliance on shareholder equity over debt. The debt-to-equity ratio is moderate, indicating prudent use of leverage. Return on equity is impressive, pointing to effective utilization of equity to generate profits.

Cash Flow

Cash flow analysis reveals a decline in free cash flow, although operating cash flow remains positive. The company exhibits a strong operating cash flow to net income ratio, highlighting efficient cash conversion from operations. However, the negative free cash flow growth suggests potential challenges in capital expenditure management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.74B	5.96B	3.79B	2.18B	2.54B	1.37B
Gross Profit	1.31B	2.89B	732.43M	306.10M	759.31M	841.55M
EBITDA	2.34B	1.25B	2.04B	7.34B	4.41B	3.36B
Net Income	971.05M	907.78M	488.61M	2.93B	1.54B	1.41B
Balance Sheet
Total Assets	0.00	44.16B	44.22B	39.76B	29.30B	23.88B
Cash, Cash Equivalents and Short-Term Investments	9.26B	6.78B	10.12B	7.54B	6.94B	5.49B
Total Debt	0.00	3.88B	3.77B	3.65B	1.15B	728.42M
Total Liabilities	-34.28B	9.89B	9.83B	8.84B	3.97B	2.91B
Stockholders Equity	34.28B	26.82B	25.58B	22.70B	19.43B	16.70B
Cash Flow
Free Cash Flow	0.00	-296.62M	411.66M	-2.20B	-1.14B	-166.74M
Operating Cash Flow	0.00	651.14M	1.33B	1.39B	-337.24M	259.30M
Investing Cash Flow	0.00	-630.58M	-922.56M	-1.15B	362.89M	366.12M
Financing Cash Flow	0.00	-414.81M	-426.18M	2.00B	106.09M	-556.47M

Dhunseri Investments Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1208.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DHUNINV, the sentiment is Negative. The current price of 1208.8 is above the 20-day moving average (MA) of 1054.93, above the 50-day MA of 1145.57, and below the 200-day MA of 1373.36, indicating a bearish trend. The MACD of -54.67 indicates Negative momentum. The RSI at 34.79 is Neutral, neither overbought nor oversold. The STOCH value of 45.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DHUNINV.

Dhunseri Investments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRIMESECU	74 Outperform	₹9.56B	34.94	―	0.51%	34.10%	-15.20%
ARIHANTCAP	65 Neutral	₹8.54B	18.61	―	0.53%	-27.65%	-44.96%
BIRLAMONEY	63 Neutral	₹7.34B	14.54	―	―	-6.37%	-24.10%
THEINVEST	59 Neutral	₹5.46B	18.70	―	―	-9.21%	-48.40%
NBIFIN	57 Neutral	₹4.99B	29.54	―	0.02%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
DHUNINV	55 Neutral	₹6.09B	35.55	―	0.24%	-29.04%	-78.51%

Dhunseri Investments Limited Corporate Events

Dhunseri Investments Confirms SEBI-Compliant Dematerialisation of Shares for Q3 FY2025-26

Dhunseri Investments Limited has reported that, for the quarter ended 31 December 2025, all physical securities received for dematerialisation have been duly verified, destroyed or cancelled, and replaced in the records by the respective depositories as the registered owners within the stipulated timelines. This compliance confirmation, supported by its registrar Maheshwari Datamatics, underscores the company’s adherence to SEBI’s Depositories and Participants Regulations, reinforcing robust governance in its share transfer and dematerialisation practices for investors and the exchanges.