
About D & H India Limited
Data last updated:
D & H India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 30 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L28900MH1985PLC035822. Its GSTIN is 27AAACD1999C1ZP (Maharashtra). The company holds 13 GST registrations, of which 5 are active. Its shares are listed on BSE: 517514.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹10.24 Cr. It was formerly known as D & H Welding Electrodes (India) Private Limited and D & H Welding Electrodes (India) Limited. It is led by directors including Harsh Vora (Managing Director) and Saurabh Vora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹252.71 Cr, a growth of 20.8% compared to the previous year. For the same year it recorded a net profit of ₹8.39 Cr (net margin 3.3%) and EBITDA of ₹18.32 Cr (EBITDA margin 7.2%). The net worth stands at ₹77.93 Cr (up 65.8% YoY). Total assets are valued at ₹128.92 Cr (up 28.4% YoY).
The company has about 353 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: D&H India. As per MCA filings, the company has open charges of ₹94.24 Cr and satisfied charges of ₹29.61 Cr on record. Court records list 27 cases involving the company, including 21 filed by the company and 5 filed against it; 8 cases are pending. The company has 24 deals on record (24 market trades); the latest was in April 2026. Its 10 peer companies in the Manufacturing industry (Cables and Wires) are compared by revenue, 5 larger and 5 smaller; the largest is Elegar Kerpen Kabel India Private Limited with revenue of ₹217.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dnhindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 204 2nd Floor Kailash Esplanade Opp Shreyas Cinema L.B.S. Marg Ghatkopar (We, St), Mumbai, Maharashtra, India – 400086
- IndustryEngineering, Metal Foundry & Fabrication Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of D & H India Limited
The main business activity of D & H India is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of D & H India Limited FY 2025-26 filings available
D & H India Limited reported revenue of ₹252.71 Cr (up 20.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 253 | 209 | 158 | 139 | 90.73 | 67.61 | 79.02 |
| Revenue growth | +20.8% | +32.5% | +13.8% | +52.9% | +34.2% | -14.4% | - |
| EBITDA | 18.32 | 14.51 | 9.51 | 9.36 | 4.79 | 2.00 | 1.58 |
| EBITDA margin | +7.3% | +6.9% | +6.0% | +6.8% | +5.3% | +3.0% | +2.0% |
| Profit before tax | 11.24 | 7.55 | 4.62 | 5.71 | 2.27 | (0.96) | (1.89) |
| Net profit | 8.39 | 5.13 | 2.67 | 4.15 | 2.26 | (0.80) | (1.38) |
| Net profit margin | +3.3% | +2.5% | +1.7% | +3.0% | +2.5% | -1.2% | -1.8% |
| EPS (₹) | 9.95 | 6.29 | 3.30 | 5.42 | 3.24 | (1.05) | (2.32) |
| Balance sheet | |||||||
| Total assets | 129 | 100 | 79.58 | 66.40 | 52.34 | 44.54 | 46.29 |
| Net worth | 77.93 | 46.99 | 41.74 | 37.71 | 31.45 | 29.18 | 30.35 |
| Total debt | 46.66 | 52.60 | 37.58 | 28.39 | 20.54 | 14.96 | 15.50 |
| Cash & bank | 13.31 | 2.20 | 0.82 | 0.39 | 0.30 | 0.35 | 0.66 |
| Net working capital | 82.82 | 63.44 | 48.76 | 45.88 | 35.46 | 30.23 | 31.09 |
| Cash flow | |||||||
| Cash from operations | 22.22 | (2.34) | (0.25) | 5.47 | 1.17 | 2.02 | (0.20) |
| Cash from investing | (25.04) | (9.50) | (13.92) | (8.91) | (5.39) | (0.59) | 1.42 |
| Cash from financing | 15.76 | 11.10 | 14.60 | 3.52 | 4.17 | (1.74) | (1.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65.96 | 72.24 | 61.95 | 65.62 | 52.90 | 59.15 | 55.20 | 50.31 |
| Revenue growth (YoY) | +24.7% | +22.1% | +12.2% | +30.4% | +19.0% | - | - | - |
| Other income | 0.39 | 0.85 | 0.17 | 0.24 | 0.18 | 0.45 | 0.04 | 0.03 |
| EBITDA | 3.71 | 4.77 | 5.93 | 3.97 | 3.65 | 4.48 | 4.15 | 3.12 |
| EBITDA margin | +5.6% | +6.6% | +9.6% | +6.0% | +6.9% | +7.6% | +7.5% | +6.2% |
| Depreciation | 0.89 | 1.07 | 0.85 | 0.87 | 0.83 | 0.73 | 0.88 | 0.68 |
| Interest | 0.67 | 0.70 | 1.55 | 1.40 | 1.26 | 1.27 | 1.21 | 1.04 |
| Profit before tax | 2.54 | 3.85 | 3.70 | 1.94 | 1.74 | 2.93 | 2.10 | 1.43 |
| Tax | 0.57 | 1.53 | 0.56 | 0.35 | 0.41 | 0.91 | 0.41 | 0.78 |
| Net profit | 1.97 | 2.32 | 3.14 | 1.59 | 1.33 | 2.02 | 1.69 | 0.65 |
| EPS (₹) | 1.94 | 2.55 | 3.83 | 1.84 | 1.63 | 2.44 | 1.90 | 1.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 253 | 209 | 158 | 139 | 90.73 | 67.61 | 79.02 |
| Revenue growth | +20.8% | +32.5% | +13.9% | +52.8% | +34.2% | -14.4% | - |
| EBITDA | 18.34 | 14.52 | 9.52 | 9.38 | 4.79 | 2.01 | 1.59 |
| EBITDA margin | +7.3% | +6.9% | +6.0% | +6.8% | +5.3% | +3.0% | +2.0% |
| Profit before tax | 11.26 | 7.57 | 4.63 | 5.69 | 2.27 | (0.92) | (1.86) |
| Net profit | 8.41 | 5.10 | 2.75 | 4.17 | 2.27 | (0.76) | (1.35) |
| Net profit margin | +3.3% | +2.4% | +1.7% | +3.0% | +2.5% | -1.1% | -1.7% |
| EPS (₹) | 9.98 | 6.30 | 3.32 | 5.36 | 3.26 | (1.01) | (2.27) |
| Balance sheet | |||||||
| Total assets | 129 | 99.92 | 79.14 | 65.94 | 49.53 | 44.10 | 45.75 |
| Net worth | 77.63 | 46.48 | 41.30 | 37.24 | 31.03 | 28.75 | 29.89 |
| Total debt | 46.66 | 52.60 | 37.58 | 28.39 | 18.15 | 14.96 | 15.43 |
| Cash & bank | 13.26 | 2.13 | 0.57 | 0.17 | 0.21 | 0.25 | 0.55 |
| Net working capital | 82.19 | 62.15 | 47.46 | 44.53 | 31.79 | 28.95 | 29.72 |
| Cash flow | |||||||
| Cash from operations | 22.02 | (2.36) | (0.24) | 5.42 | 1.11 | 2.10 | (0.28) |
| Cash from investing | (23.14) | (8.74) | (13.98) | (8.97) | (5.40) | (0.60) | 1.48 |
| Cash from financing | 14.10 | 11.11 | 14.61 | 3.52 | 4.26 | (1.80) | (1.46) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65.96 | 72.24 | 61.93 | 65.62 | 52.90 | 59.15 | 55.20 | 50.31 |
| Revenue growth (YoY) | +24.7% | +22.1% | +12.2% | +30.4% | +19.0% | - | - | - |
| Other income | 0.39 | 0.85 | 0.17 | 0.24 | 0.18 | 0.45 | 0.04 | 0.03 |
| Total expenses | 62.25 | 67.44 | 56.01 | 61.65 | 49.25 | 54.67 | 51.05 | 47.19 |
| EBITDA | 3.71 | 4.80 | 5.92 | 3.97 | 3.65 | 4.48 | 4.15 | 3.12 |
| EBITDA margin | +5.6% | +6.6% | +9.6% | +6.0% | +6.9% | +7.6% | +7.5% | +6.2% |
| Depreciation | 0.89 | 1.07 | 0.85 | 0.87 | 0.83 | 0.73 | 0.88 | 0.68 |
| Interest | 0.67 | 0.70 | 1.55 | 1.40 | 1.26 | 1.27 | 1.21 | 1.04 |
| Profit before tax | 2.54 | 3.88 | 3.69 | 1.94 | 1.74 | 2.93 | 2.10 | 1.43 |
| Tax | 0.57 | 1.53 | 0.56 | 0.35 | 0.41 | 0.91 | 0.41 | 0.78 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65.96 | 72.24 | 61.95 | 65.62 | 52.90 | 59.15 | 55.20 | 50.31 |
| Revenue growth (YoY) | +24.7% | +22.1% | +12.2% | +30.4% | +19.0% | - | - | - |
| Other income | 0.39 | 0.85 | 0.17 | 0.24 | 0.18 | 0.45 | 0.04 | 0.03 |
| EBITDA | 3.71 | 4.77 | 5.93 | 3.97 | 3.65 | 4.48 | 4.15 | 3.12 |
| EBITDA margin | +5.6% | +6.6% | +9.6% | +6.0% | +6.9% | +7.6% | +7.5% | +6.2% |
| Depreciation | 0.89 | 1.07 | 0.85 | 0.87 | 0.83 | 0.73 | 0.88 | 0.68 |
| Interest | 0.67 | 0.70 | 1.55 | 1.40 | 1.26 | 1.27 | 1.21 | 1.04 |
| Profit before tax | 2.54 | 3.85 | 3.70 | 1.94 | 1.74 | 2.93 | 2.10 | 1.43 |
| Tax | 0.57 | 1.53 | 0.56 | 0.35 | 0.41 | 0.91 | 0.41 | 0.78 |
| Net profit | 1.97 | 2.32 | 3.14 | 1.59 | 1.33 | 2.02 | 1.69 | 0.65 |
| EPS (₹) | 1.94 | 2.55 | 3.83 | 1.84 | 1.63 | 2.44 | 1.90 | 1.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 253 | 209 | 158 | 139 | 90.73 | 67.61 | 79.02 |
| Revenue growth | +20.8% | +32.5% | +13.8% | +52.9% | +34.2% | -14.4% | - |
| Other income | 1.44 | 0.53 | 0.18 | 0.17 | 0.51 | 0.16 | 0.12 |
| Total expenses | 234 | 195 | 148 | 129 | 85.94 | 65.61 | 77.44 |
| Employee cost | 0.00 | 17.09 | 14.14 | 10.39 | 7.83 | 7.29 | 8.70 |
| EBITDA | 18.32 | 14.51 | 9.51 | 9.36 | 4.79 | 2.00 | 1.58 |
| EBITDA margin | +7.3% | +6.9% | +6.0% | +6.8% | +5.3% | +3.0% | +2.0% |
| Depreciation | 3.62 | 2.96 | 2.08 | 1.75 | 1.61 | 1.73 | 1.79 |
| Interest | 4.90 | 4.53 | 2.99 | 2.07 | 1.42 | 1.39 | 1.80 |
| Profit before tax | 11.24 | 7.55 | 4.62 | 5.71 | 2.27 | (0.96) | (1.89) |
| Tax | 2.85 | 2.40 | 1.91 | 1.49 | (0.15) | (0.17) | (0.17) |
| Net profit | 8.39 | 5.13 | 2.67 | 4.15 | 2.26 | (0.80) | (1.38) |
| Net profit margin | +3.3% | +2.5% | +1.7% | +3.0% | +2.5% | -1.2% | -1.8% |
| EPS (₹) | 9.95 | 6.29 | 3.30 | 5.42 | 3.24 | (1.05) | (2.32) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.24 | 8.19 | 8.19 | 7.79 | 7.40 | 7.40 | 7.40 |
| Reserves & surplus | 67.69 | 38.80 | 33.55 | 29.50 | 24.05 | 21.78 | 22.95 |
| Shareholders' funds (net worth) | 77.93 | 46.99 | 41.74 | 37.71 | 31.45 | 29.18 | 30.35 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 46.25 | 52.19 | 37.17 | 27.98 | 20.13 | 14.55 | 14.35 |
| Unsecured loans | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 1.15 |
| Total debt | 46.66 | 52.60 | 37.58 | 28.39 | 20.54 | 14.96 | 15.50 |
| Total liabilities | 129 | 100 | 79.58 | 66.40 | 52.34 | 44.54 | 46.29 |
| Assets | |||||||
| Gross block | 66.13 | 59.40 | 46.37 | 38.89 | 34.00 | 30.17 | 30.00 |
| Net block | 45.81 | 39.12 | 28.51 | 21.08 | 16.88 | 14.34 | 15.77 |
| Capital work in progress | 1.42 | 0.38 | 4.12 | 0.30 | 0.38 | 0.53 | 0.28 |
| Investments | 2.38 | 0.44 | 0.21 | 0.14 | 0.15 | 0.23 | 0.13 |
| Inventories | 32.77 | 22.35 | 24.82 | 27.78 | 26.22 | 22.41 | 25.76 |
| Sundry debtors | 34.97 | 51.19 | 34.73 | 28.15 | 18.24 | 16.22 | 16.11 |
| Cash & bank balances | 13.31 | 2.20 | 0.82 | 0.39 | 0.30 | 0.35 | 0.66 |
| Loans & advances | 19.19 | 4.63 | 6.87 | 6.24 | 3.09 | 1.43 | 1.47 |
| Total current assets | 100 | 80.37 | 67.24 | 62.56 | 47.85 | 40.41 | 44.00 |
| Total current liabilities | 17.42 | 16.93 | 18.48 | 16.68 | 12.39 | 10.18 | 12.91 |
| Net working capital | 82.82 | 63.44 | 48.76 | 45.88 | 35.46 | 30.23 | 31.09 |
| Total assets | 129 | 100 | 79.58 | 66.40 | 52.34 | 44.54 | 46.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.09 | 0.82 | 0.39 | 0.30 | 0.35 | 0.66 | 0.90 |
| Net cash from operating activities | 22.22 | (2.34) | (0.25) | 5.47 | 1.17 | 2.02 | (0.20) |
| Net cash from investing activities | (25.04) | (9.50) | (13.92) | (8.91) | (5.39) | (0.59) | 1.42 |
| Net cash from financing activities | 15.76 | 11.10 | 14.60 | 3.52 | 4.17 | (1.74) | (1.47) |
| Net change in cash | 12.94 | (0.73) | 0.44 | 0.08 | (0.04) | (0.31) | (0.25) |
| Closing cash | 13.31 | 2.20 | 0.82 | 0.39 | 0.30 | 0.35 | 0.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.8% | +32.5% | +13.8% | +52.9% | +34.2% | -14.4% | - |
| EBITDA growth | +26.3% | +52.6% | +1.6% | +95.4% | +139.5% | +26.6% | - |
| PBT growth | +48.9% | +63.4% | -19.1% | +151.5% | +9998.0% | +49.2% | - |
| Net income growth | +63.6% | +92.1% | -35.7% | +83.6% | +382.5% | +42.0% | - |
| Revenue CAGR (3Y) | +22.1% | +32.1% | +32.7% | +20.6% | +4.5% | -0.5% | +9.5% |
| EBITDA CAGR (3Y) | +25.1% | +44.7% | +68.2% | +80.9% | -4.6% | -16.0% | -24.8% |
| Profitability & leverage | |||||||
| Net income margin | +3.3% | +2.5% | +1.7% | +3.0% | +2.7% | -1.2% | -2.2% |
| Return on capital employed | - | +13.4% | +10.4% | +13.1% | +7.6% | +1.0% | +0.5% |
| Return on net worth | - | +11.6% | +6.8% | +12.2% | +7.9% | -2.6% | -4.4% |
| Debt / equity | - | 1.02 | 0.83 | 0.71 | 0.59 | 0.51 | 0.50 |
| Long-term debt / equity | - | 0.42 | 0.32 | 0.24 | 0.19 | 0.11 | 0.07 |
| Interest cover | 33.33 | 39.22 | 40.24 | 27.20 | 44.65 | 514.81 | -857.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.63 | 4.36 | 4.48 | 3.33 | 2.64 | 3.08 |
| Inventory turnover | - | 10.39 | 7.07 | 6.05 | 4.40 | 3.30 | 3.55 |
| Debtors turnover | - | 5.71 | 5.91 | 7.04 | 6.20 | 4.92 | 5.70 |
| EPS (₹) | 9.95 | 6.29 | 3.30 | 5.42 | 3.24 | (1.05) | (2.32) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 57.38 | 50.98 | 47.87 | 42.50 | 39.44 | 41.02 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65.96 | 72.24 | 61.93 | 65.62 | 52.90 | 59.15 | 55.20 | 50.31 |
| Revenue growth (YoY) | +24.7% | +22.1% | +12.2% | +30.4% | +19.0% | - | - | - |
| Other income | 0.39 | 0.85 | 0.17 | 0.24 | 0.18 | 0.45 | 0.04 | 0.03 |
| Total expenses | 62.25 | 67.44 | 56.01 | 61.65 | 49.25 | 54.67 | 51.05 | 47.19 |
| EBITDA | 3.71 | 4.80 | 5.92 | 3.97 | 3.65 | 4.48 | 4.15 | 3.12 |
| EBITDA margin | +5.6% | +6.6% | +9.6% | +6.0% | +6.9% | +7.6% | +7.5% | +6.2% |
| Depreciation | 0.89 | 1.07 | 0.85 | 0.87 | 0.83 | 0.73 | 0.88 | 0.68 |
| Interest | 0.67 | 0.70 | 1.55 | 1.40 | 1.26 | 1.27 | 1.21 | 1.04 |
| Profit before tax | 2.54 | 3.88 | 3.69 | 1.94 | 1.74 | 2.93 | 2.10 | 1.43 |
| Tax | 0.57 | 1.53 | 0.56 | 0.35 | 0.41 | 0.91 | 0.41 | 0.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 253 | 209 | 158 | 139 | 90.73 | 67.61 | 79.02 |
| Revenue growth | +20.8% | +32.5% | +13.9% | +52.8% | +34.2% | -14.4% | - |
| Other income | 1.44 | 0.53 | 0.17 | 0.12 | 0.49 | 0.16 | 0.12 |
| Total expenses | 234 | 195 | 148 | 129 | 85.94 | 65.60 | 77.43 |
| Employee cost | 0.00 | 17.09 | 13.89 | 10.39 | 7.83 | 7.29 | 8.69 |
| EBITDA | 18.34 | 14.52 | 9.52 | 9.38 | 4.79 | 2.01 | 1.59 |
| EBITDA margin | +7.3% | +6.9% | +6.0% | +6.8% | +5.3% | +3.0% | +2.0% |
| Depreciation | 3.62 | 2.95 | 2.07 | 1.74 | 1.60 | 1.71 | 1.77 |
| Interest | 4.90 | 4.53 | 2.99 | 2.07 | 1.41 | 1.38 | 1.80 |
| Profit before tax | 11.26 | 7.57 | 4.63 | 5.69 | 2.27 | (0.92) | (1.86) |
| Tax | 2.85 | 2.40 | 1.91 | 1.49 | (0.15) | (0.17) | (0.17) |
| Net profit | 8.41 | 5.10 | 2.75 | 4.17 | 2.27 | (0.76) | (1.35) |
| Net profit margin | +3.3% | +2.4% | +1.7% | +3.0% | +2.5% | -1.1% | -1.7% |
| EPS (₹) | 9.98 | 6.30 | 3.32 | 5.36 | 3.26 | (1.01) | (2.27) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.24 | 8.19 | 8.19 | 7.79 | 7.40 | 7.40 | 7.40 |
| Reserves & surplus | 67.39 | 38.29 | 33.11 | 29.03 | 23.63 | 21.35 | 22.49 |
| Shareholders' funds (net worth) | 77.63 | 46.48 | 41.30 | 37.24 | 31.03 | 28.75 | 29.89 |
| Secured loans | 46.25 | 52.19 | 37.17 | 27.98 | 17.74 | 14.55 | 14.35 |
| Unsecured loans | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 1.08 |
| Total debt | 46.66 | 52.60 | 37.58 | 28.39 | 18.15 | 14.96 | 15.43 |
| Total liabilities | 129 | 99.92 | 79.14 | 65.94 | 49.53 | 44.10 | 45.75 |
| Assets | |||||||
| Gross block | 65.43 | 58.68 | 45.65 | 38.17 | 33.03 | 29.11 | 28.94 |
| Net block | 45.13 | 38.42 | 27.81 | 20.38 | 16.15 | 13.60 | 15.01 |
| Capital work in progress | 1.42 | 0.35 | 4.09 | 0.27 | 0.36 | 0.51 | 0.26 |
| Investments | 3.58 | 1.91 | 1.93 | 1.86 | 1.87 | 1.96 | 1.86 |
| Inventories | 32.33 | 21.90 | 24.37 | 27.33 | 25.66 | 21.85 | 25.20 |
| Sundry debtors | 34.79 | 50.62 | 34.12 | 27.54 | 17.67 | 15.57 | 15.46 |
| Cash & bank balances | 13.26 | 2.13 | 0.57 | 0.17 | 0.21 | 0.25 | 0.55 |
| Loans & advances | 19.21 | 4.43 | 6.87 | 6.17 | 3.02 | 1.44 | 1.40 |
| Total current assets | 99.59 | 79.08 | 65.93 | 61.21 | 46.56 | 39.11 | 42.61 |
| Total current liabilities | 17.40 | 16.93 | 18.47 | 16.68 | 14.77 | 10.16 | 12.89 |
| Net working capital | 82.19 | 62.15 | 47.46 | 44.53 | 31.79 | 28.95 | 29.72 |
| Total assets | 129 | 99.92 | 79.14 | 65.94 | 49.53 | 44.10 | 45.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.01 | 0.17 | 0.21 | 0.25 | 0.55 | 0.81 |
| Net cash from operating activities | 22.02 | (2.36) | (0.24) | 5.42 | 1.11 | 2.10 | (0.28) |
| Net cash from investing activities | (23.14) | (8.74) | (13.98) | (8.97) | (5.40) | (0.60) | 1.48 |
| Net cash from financing activities | 14.10 | 11.11 | 14.61 | 3.52 | 4.26 | (1.80) | (1.46) |
| Net change in cash | 12.97 | 0.01 | 0.39 | (0.03) | (0.04) | (0.30) | (0.26) |
| Closing cash | 13.26 | 2.13 | 0.57 | 0.17 | 0.21 | 0.25 | 0.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.8% | +32.5% | +13.9% | +52.8% | +34.2% | -14.4% | - |
| EBITDA growth | +26.3% | +52.5% | +1.5% | +95.8% | +138.3% | +26.4% | - |
| PBT growth | +48.8% | +63.5% | -18.6% | +150.7% | +9998.0% | +50.5% | - |
| Net income growth | +64.9% | +85.5% | -34.1% | +83.7% | +398.7% | +43.7% | - |
| Revenue CAGR (3Y) | +22.2% | +32.1% | +32.7% | +20.6% | +4.6% | -0.5% | +9.6% |
| EBITDA CAGR (3Y) | +25.0% | +44.7% | +67.9% | +80.7% | -4.7% | -16.6% | -25.3% |
| Profitability & leverage | |||||||
| Net income margin | +3.3% | +2.5% | +1.7% | +3.0% | +2.7% | -1.1% | -2.1% |
| Return on capital employed | - | +13.5% | +10.5% | +13.4% | +7.9% | +1.0% | +0.6% |
| Return on net worth | - | +11.8% | +6.9% | +12.3% | +8.1% | -2.6% | -4.4% |
| Debt / equity | - | 1.03 | 0.84 | 0.68 | 0.55 | 0.52 | 0.51 |
| Long-term debt / equity | - | 0.35 | 0.28 | 0.24 | 0.19 | 0.11 | 0.07 |
| Interest cover | 33.29 | 39.15 | 40.13 | 27.09 | 44.20 | 460.00 | -1,000.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.70 | 4.44 | 4.58 | 3.44 | 2.74 | 3.19 |
| Inventory turnover | - | 10.60 | 7.19 | 6.16 | 4.50 | 3.38 | 3.63 |
| Debtors turnover | - | 5.79 | 6.03 | 7.22 | 6.43 | 5.12 | 5.94 |
| EPS (₹) | 9.98 | 6.30 | 3.32 | 5.36 | 3.26 | (1.01) | (2.27) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 56.76 | 50.43 | 47.28 | 41.93 | 38.85 | 40.39 |
Peer Comparison of D & H India Limited
D & H India Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| D & H India Limited this company | ₹252.71 Cr (FY 2026) | •••• | •••• | 20.8% | •••• | Mumbai, Maharashtra, India |
| Elegar Kerpen Kabel India Private Limited | ₹217.28 Cr (FY 2022) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Bhuj Polymers Private Limited | ₹215.19 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Maiden Forgings Limited | ₹213.57 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Urjatech Private Limited | ₹213.54 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Shree Madhav Agencies Private Limited | ₹210.61 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Howrah, West Bengal, India |
| Triveni Wires Private Limited | ₹208.42 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Nagpur, Maharashtra, India |
| Vi-Son Cables Private Limited | ₹206.62 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| A.K.G. Plastics Private Limited | ₹205.88 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Delfingen India Private Limited | ₹204.56 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Dizo Innovation Private Limited | ₹201.63 Cr (FY 2022) | •••• | •••• | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below D & H India by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of D & H India Limited
D & H India Limited is audited by M/s devpura navlakha & co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s devpura navlakha & co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of D & H India Limited
D & H India has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Vora Also directs: HKV Exports Private Limited, V & H Fabricators Private Limited, Novarise Energy Private Limited and 1 more | Whole-Time Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Atithi Vora | Whole-Time Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Harsh Vora | Managing Director | 06 Dec 1990 | 35 Years 10 Months | Current |
| Anit Saklecha | Director | 14 Aug 2025 | 1 Years 1 Months | Current |
| Niranjan Shastri | Director | 14 May 2025 | 1 Years 4 Months | Current |
| Somendra Sharma | Director | 23 Aug 2024 | 2 Years 1 Months | Current |
Shareholding Pattern of D & H India Limited
Shareholding for the quarter ended Mar 2026: promoters hold 44.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 55.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 44.90% | 52.30% | 52.30% | 52.30% |
| Public | 55.10% | 47.70% | 47.70% | 47.70% |
Charges & Borrowings of D & H India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Yes Bank Limited | ₹15 Cr | Open |
| 11 Oct 2010 | Hdfc Bank Limited | ₹79.24 Cr | Open |
| 20 Jun 2024 | Sidbi | ₹7.5 Cr | Satisfied |
| 24 Apr 2023 | Sidbi | ₹8 Cr | Satisfied |
| 23 Sep 2022 | Others | ₹60 Lakh | Satisfied |
Total charge records: 13 View all charges
Deals & Funding of D & H India Limited
D & H India Limited has 24 deals on record (24 market trades); the latest was in April 2026.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Market trade | ₹26.7 Lakh | Seller: Counter Cyclical Investments Private Limited |
| Nov 2015 | Market trade | ₹22.7 Lakh | Buyer: Rajasthan Global Securities Private Limited |
| Jun 2015 | Market trade | ₹14.9 Lakh | Buyer: Rajasthan Global Securities Private Limited Seller: an individual |
| Apr 2010 | Market trade | ₹18.3 Lakh | Buyer: Priyesh Investments Private Limited |
| Oct 2006 | Market trade | ₹52.7 Lakh | Buyer: DJS Stock and Shares Limited Seller: DJS Stock and Shares Limited |
Full deal history
All 24 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of D & H India Limited
D & H India Limited has 27 court cases on record: 21 filed by D & H India, 5 filed against it, 1 where it is another party. 8 cases are pending and 19 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 1 | 6 |
| High courts | 9 | 4 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMMP) | Filed against the company by Stellaris Specialities India Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against D S Engineering Works LLP | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Stellaris Specialities India Limited | Disposed |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against Rathi Steel and Power Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Stellaris Specialities India Limited | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with D & H India Limited
D & H India operates one associated brand: D&H India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Welding components are manufactured by D&H India in Indore. | dnhindia.com |
Employees and EPFO Compliance at D & H India Limited
D & H India Limited has a workforce of 353 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of D & H India Limited
D & H India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| V & H Fabricators Private Limited | U51226MP2005PTC017842 | - |
Showing major subsidiaries. Total: 1.
Name History of D & H India Limited
D & H India has undergone 2 name changes throughout its history. The company was previously known as D & H Welding Electrodes (India) Private Limited, and D & H Welding Electrodes (India) Limited. The current legal name is D & H India Limited.
| Company Name | Status |
|---|---|
| D & H India Limited | Current |
| D & H Welding Electrodes (India) Private Limited | Previous |
| D & H Welding Electrodes (India) Limited | Previous |
Recent Activity on D & H India Limited
D & H India Limited has 33 board changes on record since 1990: 20 appointments and 13 cessations. The latest: Anit Saklecha was appointed as Director on 14 Aug 2025.
51 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for D & H India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by D & H India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of D & H India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of D & H India Limited
D & H India has 13 GST registrations: 5 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1999C1ZP | Maharashtra | Active | 01 Jul 2017 |
| 07AAACD1999C1ZR | Delhi | Active | 01 Jul 2017 |
| 22AAACD1999C1ZZ | Chattisgarh | Active | 01 Jul 2017 |
| 23AAACD1999C2ZW | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of D & H India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about D & H India Limited
D & H India is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 30 March 1985 (41+ years old) and is registered under CIN L28900MH1985PLC035822. Listed on BSE: 517514.
D & H India reported revenue of ₹252.71 Cr for FY 2025-26 (up 20.8% YoY) based on consolidated financials.
D & H India has 6 current directors:
- Harsh Vora - Managing Director
- Saurabh Vora - Whole-Time Director
- Atithi Vora - Whole-Time Director
- Anit Saklecha - Director
- Niranjan Shastri - Director
- Somendra Sharma - Director
The GSTIN of D & H India is 27AAACD1999C1ZP, registered in Maharashtra. The company has 13 GST registrations in all, of which 5 are active and 8 are cancelled or inactive. Other active GSTINs include 07AAACD1999C1ZR (Delhi), 22AAACD1999C1ZZ (Chattisgarh), 23AAACD1999C2ZW (Madhya Pradesh).
The CIN (Corporate Identification Number) of D & H India is L28900MH1985PLC035822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. D & H India is listed on BSE with code 517514.
D & H India has 27 court cases on record: 21 filed by the company and 5 filed against it. 8 are pending. Most are in the district courts.
D & H India was incorporated on 30 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
D & H India has 24 deals on record (24 market trades); the latest was in April 2026.
The peers of D & H India by revenue are Elegar Kerpen Kabel India Private Limited, Bhuj Polymers Private Limited, Maiden Forgings Limited, Urjatech Private Limited, Shree Madhav Agencies Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Anit Saklecha was appointed as Director on 14 Aug 2025. Rajendra Bandi ceased to be Director on 14 Aug 2025. Eshanya Guppta ceased to be Director on 14 May 2025. D & H India has 33 board changes on record in total.