Dhunseri Investments Limited (DHUNINV) AI Stock Analysis

• Market Cap: ₹5.72B
• Dividend Yield: 0.24%
• Average Volume (3M): 114.00
• Price to Earnings (P/E): ―
• 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): -5.37
• 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: 58 Neutral
• Price Target: ₹928.00 ▼(-23.23% Downside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is primarily supported by solid financial performance (growth, operating efficiency, and a stable balance sheet), but is materially held back by weak technicals (downtrend across all major moving averages with negative MACD) and a weak valuation signal due to a negative P/E and low dividend yield.

Positive Factors

Strong equity base

A strong equity ratio and moderate leverage provide a durable capital buffer that reduces refinancing risk and preserves strategic optionality. This balance-sheet strength supports patient portfolio allocation and resilience across market cycles over the coming months.

Positive operating cash conversion

Sustained positive operating cash flow and efficient conversion of earnings into cash enhance internal funding for reinvestment or distributions without heavy external borrowing. That cash-generation capability supports stable operations and capital deployment over the medium term.

Healthy operational margins

Robust gross profit, EBIT and EBITDA margins signal an efficient cost structure and higher earnings quality. Margin strength provides a cushion against investment-income variability and supports sustained net income generation across several months of market volatility.

Negative Factors

Declining free cash flow

Falling free cash flow suggests capital spending, working capital needs or investment activities are consuming available cash. Persistent negative FCF constrains internal funding for new investments or shareholder distributions and may force asset sales or external financing.

Weak recent revenue and EPS trends

Sharp declines in revenue and EPS point to deteriorating core income drivers, likely from weaker portfolio returns or realizations. If these negative growth trends persist, they will reduce retained earnings and limit the firm's ability to deploy capital or smooth payouts over the next several months.

Small scale and low liquidity

Extremely limited operational scale and very low trading volume constrain the firm's ability to transact large positions and reduce market liquidity for its stock. Limited scale raises execution, governance and capital-access challenges that can hinder strategic moves over the medium term.

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

Solid fundamentals supported by strong revenue growth and operational efficiency (healthy gross profit and EBIT margins). Balance sheet is stable with a strong equity base and moderate leverage, but cash flow is a constraint due to declining free cash flow despite positive operating cash flow.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 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: Positive

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 983.02, above the 50-day MA of 1082.71, and below the 200-day MA of 1331.43, indicating a bearish trend. The MACD of -28.72 indicates Negative momentum. The RSI at 37.38 is Neutral, neither overbought nor oversold. The STOCH value of 16.53 is Positive, 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	₹9.59B	111.43	―	0.51%	34.10%	-15.20%
ARIHANTCAP	65 Neutral	₹8.22B	45.88	―	0.53%	-27.65%	-44.96%
BIRLAMONEY	63 Neutral	₹7.53B	14.15	―	―	-6.37%	-24.10%
THEINVEST	59 Neutral	₹4.89B	13.06	―	―	-9.21%	-48.40%
DHUNINV	58 Neutral	₹5.72B	-57.61	―	0.24%	-29.04%	-78.51%
NBIFIN	57 Neutral	₹4.55B	25.40	―	0.02%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

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.