DHP India Ltd - Regulators and Fittings


(TJ) #43

DHP results https://beta.bseindia.com/xml-data/corpfiling/AttachLive/70d5e854-c25e-4183-beef-e51073de6962.pdf


(Dinesh Sairam) #44

Excellent set of results, in addition to improvement in financial position. Debt has come down a bit and Cash has improved a bit. Working Capital has worsened a little bit too, however.


(SOHAN) #45

Hello sir at what price to book this company becomes attractive in relation to its roe


(Dinesh Sairam) #46

At 12 P/E, 15%+ Revenue Growth, 20%+ Profit Growth and 20%+ RoE, I think it’s still very attractive at CMP. My only worry, as always, is the utilization of Cash. It’d help them to reinvest somewhere or acquire something that makes sense. But I wouldn’t mind receiving a Special Dividend too. What I’m worried about is Cash piling up, with nowhere to go.