D & H India
- Market cap
- ₹ 171 Cr.
- P/E
- 18.2x
- P/B
- 2.19x
- 52-week range
- 112.93 – 304.8
- ROE
- 17%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.6
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- BSE
About
D & H India Limited is engaged in the manufacturing business primarily dealing in welding electrodes & consumables, carbon dioxide (CO2) wire, SAW wire, M core wire, flux powder, flux cored wire, stainless steel wire & other similar activities. The Company's segments include the manufacturing and sale of the welding consumable and Metallurgical Cored Wire, which are mainly used in various sectors of industries, including infrastructure projects, thermal power plants, steel, metal, cement, and others. Its products include SMAW/MMAW Consumables, Tig Wires, Mig Wires, Flux Cored Wires, Submerged arc Welding wires and Fluxes, and Low Heat Input / Repair and Maintenance Welding Electrode. It serves various industries, including the power sector, the oil and petrochemical sector, the steel industry, the railway sector, cement plants, sugar and distillery plants, and others. The Company’s wholly owned subsidiaries include V&H Fabricators Pvt. Ltd. and D & H MIDDLE EAST FZE.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →D & H India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.2 against a typical 29.6: cheaper than most peers (1st = cheapest).54th of 184
- Sales growth+10.5% against a typical +20.3% from a year earlier.89th of 147
- Profit growth+15.4% against a typical +9.4% from a year earlier.58th of 121
- Share price, 3 months−29.9% against a typical −3.4%.151st of 164
- Size₹ 170.5 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).102nd of 176
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2025 | Rights issue | Board approved | ₹ 24.56 Cr. | — | — | |
| 22 Oct 2025 | Rights issue | Board to consider | — | — | — |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,204 | 3,255 | 2,815 | 3,349 | 3,029 | 3,355 | 2,830 | 3,405 | 3,191 | 3,559 | 3,038 | 3,764 |
| Expenses | 2,543 | 2,588 | 2,348 | 2,694 | 2,476 | 2,673 | 2,403 | 2,737 | 2,603 | 2,825 | 2,577 | 3,024 |
| Operating Profit | 661 | 667 | 466 | 655 | 553 | 682 | 427 | 667 | 588 | 734 | 461 | 741 |
| OPM % | 21% | 20% | 17% | 20% | 18% | 20% | 15% | 20% | 18% | 21% | 15% | 20% |
| Other Income | 117 | 127 | 129 | 129 | 152 | 129 | 141 | 144 | 140 | 126 | 175 | 173 |
| Interest | 28 | 36 | 35 | 33 | 47 | 44 | 39 | 35 | 40 | 31 | 40 | 37 |
| Depreciation | 98 | 97 | 107 | 109 | 111 | 109 | 117 | 114 | 115 | 117 | 122 | 121 |
| Profit before tax | 651 | 661 | 453 | 642 | 546 | 658 | 412 | 663 | 573 | 711 | 474 | 756 |
| Tax % | 22% | 23% | 25% | 23% | 24% | 22% | 24% | 23% | 22% | 22% | 24% | 22% |
| Net Profit | 507 | 506 | 341 | 494 | 418 | 516 | 313 | 508 | 445 | 554 | 362 | 586 |
| EPS in Rs | 2.91 | 2.9 | 1.97 | 2.82 | 2.4 | 2.95 | 1.81 | 2.9 | 2.55 | 3.16 | 2.08 | 3.33 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 7%
- 3 Years
- 5%
- TTM
- 7%
- 10 Years
- 4%
- 5 Years
- 2%
- 3 Years
- 4%
- TTM
- 11%
- 10 Years
- 3%
- 5 Years
- −8%
- 3 Years
- −11%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 19%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| D & H India | ₹ 160.00 | ₹ 171 Cr. | 18.2x | 2.2x | 17% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Rajesh Songirka
- Chief Financial Officer
- Ashok Jain
- Chief Operating Officer
- Rajesh Sen
- Compliance Officer, Company Secretary
- Harsh Kumar Vora
- Managing Director, Executive Director
- Atithi Vora
- Whole-Time Director
- Saurabh H. Vora
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.