Loading…
Dhariwalcorp (DHARIWAL)₹22.75−1.52%Trading - Chemicals
In the Mar 2026 quarter (standalone), Dhariwalcorp reported sales of ₹118 Cr, up 4.4% from Mar 2025, and net profit of ₹6.01 Cr, up 495.0% year on year. For the year to Mar 2026, sales were ₹236 Cr and net profit ₹9.02 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 118 | 111 | 120 | 113 | 119 | 118 |
| Expenses | 114 | 110 | 118 | 113 | 115 | 115 |
| Operating Profit | 2.99 | 0.99 | 2.99 | 0.99 | 3.99 | 2.99 |
| OPM % | 2.9% | 0.9% | 2.1% | 0.6% | 3.0% | 2.2% |
| Other Income | 0.99 | 1.99 | 0.99 | 0.99 | 1.99 | 4.99 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4.02 | 2.01 | 4.02 | 1.01 | 4.02 | 7.03 |
| Tax % | 25.0% | 27.0% | 24.0% | 40.0% | 25.9% | 23.0% |
| Net Profit | 3.01 | 2.01 | 3.01 | 1.01 | 3.01 | 6.01 |
| EPS (Rs) | 29.60 | 0.22 | 0.29 | 0.09 | 0.34 | 0.58 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 159 | 194 | 229 | 233 | 236 |
| Expenses | 157 | 194 | 224 | 229 | 230 |
| Operating Profit | 1.99 | 0.00 | 3.99 | 2.99 | 5.99 |
| OPM % | 1.1% | 0.2% | 1.9% | 1.4% | 2.6% |
| Other Income | 0.99 | 0.99 | 1.99 | 2.99 | 6.99 |
| Interest | 0.00 | 0.99 | 1.01 | 1.01 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.01 | 1.01 | 6.02 | 5.02 | 11.05 |
| Tax % | 23.9% | 30.9% | 25.0% | 29.0% | 24.0% |
| Net Profit | 1.01 | 1.01 | 5.01 | 4.01 | 9.02 |
| EPS (Rs) | 14.15 | 5.98 | 0.67 | 0.39 | 0.90 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.11 | 0.11 | 7.01 | 9.02 | 19.03 |
| Reserves | 2.01 | 2.01 | 2.01 | 26.06 | 43.06 |
| Borrowings | 5.98 | 5.97 | 9.00 | 11.00 | 7.99 |
| Other Liabilities | 6.03 | 11.04 | 4.02 | 22.11 | 10.05 |
| Total Liabilities | 14.03 | 20.03 | 21.04 | 68.19 | 79.13 |
| Fixed Assets | 1.99 | 1.99 | 1.99 | 5.99 | 14.97 |
| CWIP | 0.00 | 0.00 | 2.99 | 2.99 | 6.99 |
| Investments | 0.00 | 0.00 | 0.00 | 4.01 | 7.01 |
| Other Assets | 12.04 | 18.04 | 17.06 | 54.20 | 50.16 |
| Inventories | 1.61 | 4.70 | 5.10 | 26.52 | 24.89 |
| Trade receivables | 8.67 | 11.11 | 7.75 | 16.97 | 11.36 |
| Cash & equivalents | 0.08 | 0.10 | 0.13 | 0.08 | 1.57 |
| Total Assets | 14.03 | 20.03 | 21.04 | 68.19 | 79.13 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 0.99 | 0.99 | 0.00 | −12.98 | −0.99 |
| Cash from investing activity | 0.00 | 0.00 | −2.99 | −10.97 | −9.96 |
| Cash from financing activity | −1.01 | −1.01 | 4.01 | 24.06 | 13.02 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Capex | 0.40 | 0.02 | 3.32 | 4.95 | 10.86 |
| Free cash flow | 0.99 | 0.99 | −4.01 | −18.01 | −9.99 |
| CFO / OP % | 80.0% | 329.0% | 23.0% | −379.0% | 30.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 20 | 21 | 12 | 26 | 17 |
| Inventory days | 5 | 10 | 9 | 44 | 41 |
| Days payable | 8 | 17 | 3 | 28 | 6 |
| Cash conversion cycle | 14 | 11 | 16 | 40 | 49 |
| Working capital days | 1 | 2 | 9 | 37 | 61 |
| ROCE % | — | 18.1% | 50.0% | 19.0% | 22.1% |
For the Mar 2026 quarter, Dhariwalcorp reported sales of ₹118 Cr, up 4.4% year on year and net profit of ₹6.01 Cr, up 495.0% year on year. The operating margin was 2.2%.
Dhariwalcorp's sales for the year to Mar 2026 were ₹236 Cr.
Net profit for the year to Mar 2026 was ₹9.02 Cr. Earnings per share over the same trailing period were ₹0.90.
Dhariwalcorp reported borrowings of ₹7.99 Cr at Mar 2026, against cash and equivalents of ₹1.57 Cr.
Cash from operations was −₹0.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹9.99 Cr.