Dhanuka Infra Realty (DIRL)

Asset Play

Score breakdown: P/E: 3/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Current Price₹13
Market Cap₹11.54 Cr
P/E Ratio4.03
ROCE18.36%
ROE—%
Dividend Yield0%
Profit Growth0%
Debt/Equity
Sales Growth0%
Promoter Holding54.3%
52-Week Range₹8.9 — ₹14.9
SectorRealty

Strengths

Concerns

AI Analysis

At ₹13, Dhanuka Infra Realty has a market cap of only ₹12 crore and a P/E of 4.03. That looks remarkably cheap, but Graham taught me that cheap is only a suggestion, not a conclusion. The latest quarter shows sales of just ₹1 crore and net profit of about ₹0 crore; annualised sales and profit growth are both 0.00%. There is no growth, no dividend yield, and no visible compounding. ROCE of 18.36% is respectable, and a Piotroski F-score of 7/9 suggests the company isn't burning cash or tripping over its balance sheet. But I don't know book value, debt/equity, or return on equity. The data are insufficient for a margin-of-safety calculation. In real estate, what matters is the value of the land and the ability to execute projects. With a ₹12 crore market cap, this is a microcap, so I can't rely on deep institutional research or liquidity. Promoter holding of 54.30% does give some assurance that owners are still aligned. The PEG ratio of 0.04 sounds ridiculous, but with zero reported profit growth, I'd treat it as a red flag rather than an invitation; the denominator in that ratio is missing. Is this a wonderful business? No. Is it a wonderful price? Maybe, but only if the underlying real estate and hidden assets justify it. This looks more like an asset play than an earnings grower. I'd need audited balance sheet details, a realistic net asset value, and an explanation of how a company with ₹1 crore quarterly sales earns the profit implied by a 4 P/E. Until then, Dhanuka joins my watchlist, not my wallet. If the numbers hold up deep enough, it could be a bargain; if not, the low P/E is just a value trap.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer