Dhunseri Ventures Limited (DVL) AI Stock Analysis

• Market Cap: ₹7.92B
• Dividend Yield: 1.75%
• Average Volume (3M): 3.42K
• Price to Earnings (P/E): 41.4
• Beta (1Y): 1.48
• Revenue Growth: -16.02%
• EPS Growth: -61.61%
• Country: IN
• Employees: 24
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): 1.72
• Shares Outstanding: 35,024,754
• 10 Day Avg. Volume: 6,670
• 30 Day Avg. Volume: 3,423
• PEG Ratio: -1.36
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 1.96
• P/FCF Ratio: -2.53
• 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: 60 Neutral
• Price Target: ₹237.00 ▼(-16.64% Downside)
• Action: Reiterated Date: 11/14/25
• Date: Action: Reiterated 11/14/25

The overall stock score reflects strong financial stability and growth potential, but is tempered by negative technical indicators and challenges in cash flow management. The fair valuation provides some support, but the bearish technical outlook is a significant concern.

Positive Factors

Strong balance sheet / low leverage

Low leverage provides durable financial flexibility for a holding company: it cushions against market shocks, preserves the ability to support investees or opportunistic acquisitions, and reduces refinancing risk. Over 2–6 months this enhances stability and optionality in capital allocation.

Recovering revenue growth & margin improvement

A marked revenue rise and improving gross margins indicate the investment portfolio or realized activities are producing stronger top-line and operating leverage. For an investment vehicle, this trend supports higher distributable income and reduces the imperative to liquidate assets, improving medium-term earnings durability.

Asset-light investment business model

An asset-light holding structure limits operational capex and fixed costs, enabling scalable capital redeployment into higher-return opportunities. This model preserves cash flow flexibility, keeps operating leverage low, and makes the company less exposed to direct operating-cycle risks over the next several months.

Negative Factors

Weak operating cash flow

Persistent negative operating and free cash flow erode liquidity and force reliance on one-time investing inflows or asset sales to fund operations. For a holding company, this can compel realizations, reduce patience for recoveries in investees, and constrain reinvestment or dividend capacity over a multi-month horizon.

Earnings and revenue volatility

Large negative EPS growth and material historical revenue declines indicate earnings are volatile—likely from mark-to-market swings or realized investment losses. This undermines predictability of dividends and capital returns and increases execution risk for medium-term planning and portfolio strategy.

Dependence on investee performance

DVL lacks direct operational control over core earnings drivers; its results hinge on external companies' profits and payout policies. That structural dependency increases correlation with market cycles, raises concentration risk, and makes cash flow and returns less controllable across 2–6 months without active portfolio interventions.

Dhunseri Ventures Limited Business Overview & Revenue Model

Company Description

Dhunseri Ventures Limited engages in the treasury operations in shares and securities business in India. The company operates through three segments: Trading, Treasury Operations, and Food and Beverages. It also manufactures and retails confectioneries in Singapore; offers bakery products; and manufactures and sells BOPET films, as well as engages in the infrastructure business. The company was formerly known as Dhunseri Petrochem Limited and changed its name to Dhunseri Ventures Limited in December 2018. The company was incorporated in 1916 and is based in Kolkata, India. Dhunseri Ventures Limited is a subsidiary of Dhunseri Investments Limited.

How the Company Makes Money

Dhunseri Ventures Limited generates revenue through multiple streams. Its primary revenue comes from the sale of tea products, which includes bulk tea and branded tea. The company benefits from its established distribution networks and brand presence in the tea market. Additionally, DVL earns money from its investments in packaging, where it provides solutions to various industries, thereby capitalizing on the demand for sustainable and innovative packaging. The real estate sector also contributes to its revenue, with income generated from property development and leasing. Strategic partnerships with suppliers and distributors further enhance its market reach and profitability.

Dhunseri Ventures Limited Financial Statement Overview

Summary

Dhunseri Ventures Limited shows strong revenue and equity growth, with a low debt-to-equity ratio indicating financial stability. However, challenges in profitability and negative operating cash flow impact the overall financial performance.

Income Statement

The company has shown consistent revenue growth, particularly from 2024 to 2025 with a significant increase of 29%. Gross profit margins have improved, indicating better cost management. However, net profit margin has decreased from 2024 to 2025, suggesting rising expenses or other financial pressures impacting net income.

Balance Sheet

The company maintains a strong equity position, as evidenced by a low debt-to-equity ratio indicating low leverage. The increase in stockholders' equity over the years suggests healthy reinvestment and asset growth. However, the equity ratio shows that a significant portion of total assets is financed by equity, which is favorable for stability but may limit aggressive expansion.

Cash Flow

The cash flow statement reveals challenges, with negative free cash flow in recent years. Operating cash flow is negative, indicating potential cash management issues. However, there was significant investing cash inflow in 2025, possibly from asset sales, which could provide short-term liquidity.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.91B	5.84B	3.51B	2.07B	2.39B	1.23B
Gross Profit	1.40B	2.78B	504.63M	199.03M	610.02M	704.15M
EBITDA	2.20B	1.19B	2.36B	7.46B	4.78B	3.09B
Net Income	1.45B	1.44B	1.53B	5.42B	3.59B	2.32B
Balance Sheet
Total Assets	0.00	41.71B	39.28B	35.29B	24.59B	18.93B
Cash, Cash Equivalents and Short-Term Investments	8.22B	8.49B	5.23B	4.67B	3.30B	2.64B
Total Debt	0.00	3.88B	3.77B	3.65B	1.15B	727.59M
Total Liabilities	-31.92B	9.78B	9.65B	8.88B	3.95B	2.88B
Stockholders Equity	31.92B	31.89B	29.59B	26.37B	20.62B	16.04B
Cash Flow
Free Cash Flow	0.00	-4.53B	-921.28M	-2.15B	-1.06B	-98.09M
Operating Cash Flow	0.00	-3.78B	-70.26M	1.43B	-260.31M	304.99M
Investing Cash Flow	0.00	5.39B	238.87M	-3.01B	132.52M	352.17M
Financing Cash Flow	0.00	-497.92M	-508.46M	1.94B	73.33M	-556.39M

Dhunseri Ventures Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 284.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DVL, the sentiment is Negative. The current price of 284.3 is above the 20-day moving average (MA) of 250.14, above the 50-day MA of 261.35, and below the 200-day MA of 312.77, indicating a bearish trend. The MACD of -5.55 indicates Positive momentum. The RSI at 30.66 is Neutral, neither overbought nor oversold. The STOCH value of 4.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DVL.

Dhunseri Ventures Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CREST	63 Neutral	₹9.35B	24.59	―	0.26%	-9.89%	-42.10%
MATRIMONY	62 Neutral	₹8.51B	34.55	―	1.88%	-4.85%	-29.49%
ROHLTD	61 Neutral	₹9.52B	31.71	―	0.61%	10.77%	-4.40%
DVL	60 Neutral	₹7.92B	41.40	―	1.75%	-16.02%	-61.61%
DHUNINV	58 Neutral	₹5.72B	-57.61	―	0.24%	-29.04%	-78.51%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%