Dhariwalcorp

SMENSE: DHARIWAL
Compare with peers
₹ 22.70▲ 1 (+4.61%)28 Oct, 03:28 pm IST
Market cap
₹ 204 Cr.
P/E
31.7x
P/B
3.36x
52-week range
16.7 – 48.3
ROE
14%
ROCE
20%
Dividend yield
0%
Debt / equity
0.12
Sector
Chemicals & Petrochemicals
Industry
Trading - Chemicals
Listed on
NSE SME

About

DhariwalCorp Limited is an India-based company, which is engaged in the business of importing and exporting a comprehensive range of wax and industrial chemicals. The Company is involved in processing, purchasing, selling, importing, and trading various types of wax, including paraffin wax, micro wax, slack wax, carnauba wax, microcrystalline waxes, semi-refined paraffin wax, yellow beeswax, hydrocarbon wax, Montan wax, polyethylene wax, vegetable wax, residue wax, palm wax, BN micro wax, hydrogenated palm wax, micro slack wax, PE wax, soya wax, and others. Additionally, it trades in industrial chemicals, such as rubber process oil, light liquid paraffin (LLP), citric acid monohydrate, refined glycerin, bitumen, stearic acid, and petroleum jelly, including paraffin petroleum jelly and white petroleum jelly. Its product range includes all types of heavy and light chemicals, chemical elements and compounds, petrochemicals, industrial chemicals, mixtures, derivatives, articles and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Trading - Chemicals: 16 companies →

Dhariwalcorp 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)31.7 against a typical 22: pricier than most peers (1st = cheapest).13th of 16
  • Sales growth+6.3% against a typical +27.6% from a year earlier.9th of 13
  • Profit growth+200% against a typical +34.8% from a year earlier.2nd of 10
  • Share price, 3 months−27.9% against a typical +0.3%.15th of 15
  • Size₹ 204.5 Cr. market value against a typical ₹ 215.2 Cr. (1st = largest).9th of 16

Board meetings

Results dates and other board meetings. Full calendar

Details
30 Sep 2026Fund RaisingTo consider Fund Raising
29 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
11 Feb 2026Fund RaisingTo consider Fund Raising by way of Right issue of equity shares
10 Dec 2025Stock Split/Other business mattersTo consider increase in authorised share capital and stock split of equity shares
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
28 May 2025Board Meeting IntimationDHARIWALCORP LIMITED has informed the Exchange about Board Meeting to be held on 28-May-2025 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2025 and Fund raising.

Share price

1Y change +13.67%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales118111120113119118
Expenses114110118113115115
Operating Profit313143
OPM %2.9%0.9%2.1%0.6%3%2.2%
Other Income121125
Interest000011
Depreciation000000
Profit before tax424147
Tax %25%27%24%40%26%23%
Net Profit323136
EPS in Rs29.70.230.30.10.350.59

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
7%
TTM
1%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
124%
TTM
89%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
21%
3 Years
20%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
63.65%
−9.84 pts in a year
FIIs
0%
−3.7 pts in a year
DIIs
4.05%
+4.05 pts in a year
Public
32.31%
+9.5 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 31.7xEPS (12 months) ₹ 0.72Median P/E 33.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Dhariwalcorp₹ 22.70₹ 204 Cr.31.7x3.4x14%—
Solar Industries India₹ 18,320.00₹ 1,65,778 Cr.97.8x27.5x31.4%17.7%
Asian Paints₹ 2,305.00₹ 2,21,095 Cr.58.2x12.1x21.2%12.4%
SRF₹ 2,309.00₹ 68,444 Cr.45.6x6.2x13.8%11.6%
Pidilite Industries₹ 1,514.00₹ 1,54,107 Cr.65.8x15x23.8%16.9%
Coromandel International₹ 1,723.60₹ 50,876 Cr.29.8x4.8x16.6%6%

Management

Manish Dhariwal
Executive Chairman of the Board, Founder, Managing Director
Shakshi Dhariwal
Founder, Whole Time Director
Jinesh Jain
Chief Financial Officer
Saloni Kachhwaha
Compliance Officer, Company Secretary
Dilip Dhariwal
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.