Dhanashree Electronics Ltd

BSE: 542679
Dhanashree Electronics Ltd - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L31103WB1987PLC042594 Incorporated 24 June 1987 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - BSE: 542679 Public Limited Company consumer electronics and durables MSME
Data last updated
Market Cap
₹167 Cr
DEL · BSE
Share Price
₹108.50
-7.58% today
Revenue
₹112 Cr
FY 2025-26 · +13.5% YoY
EBITDA
−₹0.07 Cr
Margin -0.1%
Net Profit
₹3.68 Cr
FY 2025-26 · +6.7% YoY
P/E (TTM)
47.6x
P/B 3.6x
Authorised capital
₹47.5 Cr
Registered with MCA
Paid-up capital
₹14.19 Cr
Issued & subscribed

About Dhanashree Electronics Ltd

Data last updated:

Dhanashree Electronics Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 June 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L31103WB1987PLC042594. Its GSTIN is 19AABCD0954E1ZW (West Bengal). It is a listed company as per MCA records. Its shares are listed on BSE: 542679.

The company has an authorised share capital of ₹47.5 Cr and a paid-up capital of ₹14.19 Cr. It was formerly known as Rashmi Choke Private Limited and Dhanashree Electronics Private Limited. It is led by directors including Nitesh Toshniwal (Managing Director) and Vijay Kumar Sharma.

Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No XI 16 Block Ep&Gp Salt Lake City, Kolkata, West Bengal, India – 700091.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹111.69 Cr, a growth of 13.5% compared to the previous year. For the same year it recorded a net profit of ₹3.68 Cr (net margin 3.3%) and EBITDA of -₹7 Lakh (EBITDA margin -0.1%).

The company has about 36 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rashmi Lighting. As per MCA filings, the company has open charges of ₹96.76 Cr and satisfied charges of ₹30.73 Cr on record. Court records list 47 cases involving the company, including 32 filed by the company and 15 filed against it; 21 cases are pending. The company has 2 deals on record (2 market trades); the latest was in January 2023. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 94 overdue payments to 19 micro and small suppliers.

Dhanashree Electronics Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0006136). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rashmilighting.com.

Company details

CIN L31103WB1987PLC042594
Registration Number 042594
Incorporation Date 24 June 1987
ROC Kolkata
Listing Status Listed - Listed on BSE (542679)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-WB-10-0006136

Name history

Dhanashree Electronics has undergone 2 name changes throughout its history. The company was previously known as Rashmi Choke Private Limited, and Dhanashree Electronics Private Limited. The current legal name is Dhanashree Electronics Ltd.

Company NameStatus
Dhanashree Electronics LtdCurrent
Rashmi Choke Private LimitedPrevious
Dhanashree Electronics Private LimitedPrevious
Key People
Nitesh Toshniwal Managing Director Vijay Kumar Sharma Director Rajesh Kumar Chandak Director

Recognitions & Rankings of Dhanashree Electronics

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-WB-10-0006136

Contact details

Dhanashree Electronics Ltd's registered office is in Kolkata, West Bengal. Its website is rashmilighting.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    rashmilighting.com
  • Registered Address
    Plot No XI 16 Block Ep&Gp Salt Lake City, Kolkata, West Bengal, India – 700091
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Dhanashree Electronics Ltd, buy the company report.

Comprehensive company report
Dhanashree Electronics Ltd - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Dhanashree Electronics operates one associated brand: Rashmi Lighting. Each brand links to its own profile.

BrandDescriptionWebsite
Rashmi Lighting
Lighting products are manufactured by Rashmi Lighting in Kolkata.rashmilighting.com

Business activity

The main business activities of Dhanashree Electronics are trade and manufacturing. In detail, this covers wholesale trading and computer, electronic, communication and scientific measuring & control equipment. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Dhanashree Electronics Ltd, buy the company report.

Financials of Dhanashree Electronics Ltd

FY 2025-26 filings available

Dhanashree Electronics Ltd reported revenue of ₹111.69 Cr (up 13.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹112 Cr
+13.5% YoY
EBITDA
−₹0.07 Cr
+61.1% YoY
Profit After Tax
₹3.68 Cr
+6.7% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11298.3982.4349.3847.9642.4245.81
Revenue growth+13.5%+19.4%+66.9%+3.0%+13.1%-7.4%-
EBITDA(0.07)(0.18)3.88(5.94)7.606.488.60
EBITDA margin-0.1%-0.2%+4.7%-12.0%+15.9%+15.3%+18.8%
Profit before tax4.794.655.333.662.652.033.18
Net profit3.683.453.922.691.981.662.67
Net profit margin+3.3%+3.5%+4.8%+5.5%+4.1%+3.9%+5.8%
EPS (₹)1.492.442.761.891.391.171.87
Balance sheet
Total assets-10610287.4679.7375.5066.06
Net worth-41.9138.4534.5431.8429.8728.20
Total debt-63.7262.6952.1147.0044.5436.91
Cash & bank-0.900.140.671.910.640.62
Net working capital-99.5593.4178.4071.7565.9456.45
Cash flow
Cash from operations-(6.84)(12.97)(15.06)2.08(3.44)9.18
Cash from investing-13.277.8013.741.21(0.38)0.36
Cash from financing-(5.67)4.640.07(2.02)3.85(9.52)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue22.6848.3018.2619.5625.5741.6925.6317.03
Revenue growth (YoY)-11.3%+15.9%-28.8%+14.9%+82.1%---
Other income0.0012.440.000.060.0112.370.010.63
Total expenses20.8357.2114.8616.6523.0448.4122.2115.05
EBITDA1.85(8.91)3.402.912.53(6.72)3.421.98
EBITDA margin+8.2%-18.4%+18.6%+14.9%+9.9%-16.1%+13.3%+11.6%
Depreciation0.180.260.210.210.200.170.180.17
Interest0.691.712.301.800.973.411.861.67
Profit before tax0.981.560.890.961.372.071.390.77
Tax0.180.370.200.220.310.590.350.19

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue22.6848.3018.2619.5625.5741.6925.6317.03
Revenue growth (YoY)-11.3%+15.9%-28.8%+14.9%+82.1%---
Other income0.0012.440.000.060.0112.370.010.63
Total expenses20.8357.2114.8616.6523.0448.4122.2115.05
EBITDA1.85(8.91)3.402.912.53(6.72)3.421.98
EBITDA margin+8.2%-18.4%+18.6%+14.9%+9.9%-16.1%+13.3%+11.6%
Depreciation0.180.260.210.210.200.170.180.17
Interest0.691.712.301.800.973.411.861.67
Profit before tax0.981.560.890.961.372.071.390.77
Tax0.180.370.200.220.310.590.350.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11298.3982.4349.3847.9642.4245.81
Revenue growth+13.5%+19.4%+66.9%+3.0%+13.1%-7.4%-
Other income12.5113.028.4915.330.070.100.09
Total expenses11298.5778.5555.3240.3635.9437.21
Employee cost0.003.442.842.522.161.962.50
EBITDA(0.07)(0.18)3.88(5.94)7.606.488.60
EBITDA margin-0.1%-0.2%+4.7%-12.0%+15.9%+15.3%+18.8%
Depreciation0.870.690.610.460.430.490.41
Interest6.787.506.435.274.594.065.10
Profit before tax4.794.655.333.662.652.033.18
Tax1.111.201.410.970.670.360.51
Net profit3.683.453.922.691.981.662.67
Net profit margin+3.3%+3.5%+4.8%+5.5%+4.1%+3.9%+5.8%
EPS (₹)1.492.442.761.891.391.171.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-14.1914.1914.1914.1914.1914.19
Reserves & surplus-27.7224.2620.3517.6515.6814.01
Shareholders' funds (net worth)-41.9138.4534.5431.8429.8728.20
Secured loans-20.2620.4618.2620.9316.1413.38
Unsecured loans-43.4642.2333.8526.0728.4023.53
Total debt-63.7262.6952.1147.0044.5436.91
Total liabilities-10610287.4679.7375.5066.06
Assets
Gross block-13.1713.0512.8810.4210.3710.17
Net block-4.925.495.943.954.334.52
Capital work in progress-0.000.000.002.223.313.31
Investments-0.090.090.090.090.090.09
Inventories-52.9753.7047.2347.5843.8438.82
Sundry debtors-52.9534.0623.6725.0228.9027.47
Cash & bank balances-0.900.140.671.910.640.62
Loans & advances-30.1226.7516.665.014.924.70
Total current assets-13711588.2379.5278.3071.61
Total current liabilities-37.3921.249.837.7712.3615.16
Net working capital-99.5593.4178.4071.7565.9456.45
Total assets-10610287.4679.7375.5066.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.140.671.910.640.620.60
Net cash from operating activities-(6.84)(12.97)(15.06)2.08(3.44)9.18
Net cash from investing activities-13.277.8013.741.21(0.38)0.36
Net cash from financing activities-(5.67)4.640.07(2.02)3.85(9.52)
Net change in cash-0.76(0.53)(1.25)1.270.020.02
Closing cash-0.900.140.671.910.640.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.5%+19.4%+66.9%+3.0%+13.1%-7.4%-
EBITDA growth+61.1%-104.6%+165.3%-178.2%+17.3%-24.7%-
PBT growth+3.0%-12.8%+45.6%+38.1%+30.5%-36.2%+1.9%
Net income growth+6.7%-12.0%+45.7%+35.9%+19.3%-37.8%-
Revenue CAGR (3Y)+31.3%+27.1%+24.8%+2.5%+3.1%-7.7%+10.5%
EBITDA CAGR (3Y)-77.2%--15.7%--4.4%-6.7%+8.4%
Profitability & leverage
Net income margin+3.3%+3.5%+4.8%+5.5%+4.1%+3.9%+5.8%
Return on capital employed-+11.7%+12.4%+10.7%+9.3%+8.6%+12.3%
Return on net worth-+8.6%+10.7%+8.1%+6.4%+5.8%+9.9%
Debt / equity-1.571.571.491.481.401.46
Long-term debt / equity-1.091.060.950.980.940.98
Interest cover-721.28-862.07196.64-82.3464.0267.7862.27
Efficiency & per share
Fixed asset turnover-7.506.364.244.614.134.71
Inventory turnover-1.841.631.041.051.031.27
Debtors turnover-2.262.862.031.781.511.77
EPS (₹)1.492.442.761.891.391.171.87
Dividend per share (₹)0.100.100.000.000.000.000.00
Book value per share (₹)0.0029.5427.1024.3422.4321.0519.87

To see the full year-wise statements and ratios of Dhanashree Electronics Ltd, buy the company report.

Board of directors of Dhanashree Electronics Ltd

Dhanashree Electronics has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Kumar SharmaDirector29 Aug 200323 Years 2 MonthsCurrent
Nitesh Toshniwal
Also directs: Sorin Tech Private Limited, Sukhvarsa Constructions Private Limited, Ladhuram Toshniwal and Sons Electricals Private Limited
Managing Director01 Apr 200422 Years 7 MonthsCurrent
Rajesh Kumar ChandakDirector25 Jun 20206 Years 4 MonthsCurrent
Shruti Toshniwal
Also directs: Sukhvarsa Constructions Private Limited, Asam Lighting Industries Private Limited, Evernew Commodeal Private Limited
Director01 Dec 201411 Years 11 MonthsCurrent
View all directors

Auditor

Dhanashree Electronics Ltd is audited by ARMG & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ARMG & ASSOCIATESFY 2023326918E

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.40%.

Promoters: 74.60%Retail & Others: 25.40%
Sep 2026
QUARTER
74.60% Promoters
25.40% Retail & Others
Promoter holding - history
Now 74.60% · Sep 2026High 74.60% · Mar 2026Low 70.20% · Dec 2025
69%70.8%72.5%74.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 70.20%Mar 2026: 74.60%Jun 2026: 74.60%Sep 2026: 74.60%74.60%70.20%74.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.60%74.60%74.60%70.20%
Public25.40%25.40%25.40%29.80%

Charges & borrowings

Open charges
₹96.76 Cr
Satisfied charges
₹30.73 Cr
Breakdown by lending institutions
Others₹87.79 Cr
Bank of India₹8.97 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jun 2026101308977Others₹4 CrOpen
27 Aug 2025101158875Others₹5 CrOpen
12 Dec 2022100659017Bank of India₹8.97 CrOpen
31 Dec 2021100520675Others₹1.29 CrOpen
15 May 200910161711Others₹40.5 CrOpen

To see the full charge records of Dhanashree Electronics Ltd, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Dhanashree Electronics Ltd has 2 deals on record (2 market trades); the latest was in January 2023.

Total deals
2
Market trades
2

Deals on record (2 of 2)

WhenDealAmountParties
Jan 2023Market trade₹32.1 LakhBuyer: an individual
Mar 2022Market trade₹35 LakhBuyer: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Dhanashree Electronics Ltd was last rated by Care on 04 Oct 2021.

Rating agencyRated onRating
Care04 Oct 2021

To see the full credit ratings and regulatory alerts of Dhanashree Electronics Ltd, buy the company report.

MSME payment delays

Dhanashree Electronics Ltd has 14 MSME Form 1 returns on record between 2019 and 2023, listing 94 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 19)

SupplierAmount dueDue sinceReported on
Lumens Technologies Pvt Ltd
Bliss Electronics
Manik Printpack India Private Limited
an individual supplier
Dhan Laminates Private Limited

To see the full MSME payment records of Dhanashree Electronics Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Dhanashree Electronics Ltd has a workforce of 36 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1
Employee growth
-23.4%

GST

Dhanashree Electronics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AABCD0954E1ZWWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Dhanashree Electronics Ltd, buy the company report.

Recent activity

Dhanashree Electronics Ltd has 15 board changes on record since 2003: 5 appointments and 10 cessations. The latest: Shruti Toshniwal ceased to be Director on 04 Dec 2025.

Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101308977 was registered on 06 Jun 2026.
Filing
Dhanashree Electronics Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata Ii.
Ceased
Shruti Toshniwal ceased to be Director.
Charges
A charge with Others of Rs. 5.00 Cr registered on 27 Aug 2025 with Charge ID 101158875 was modified on 28 Nov 2025.
Charges
A charge registered on 23 Sep 2020 via Charge ID 100380035 with Others was fully satisfied on 22 Sep 2025.
Charges
A charge registered on 30 Jun 2020 via Charge ID 100371533 with Others was fully satisfied on 22 Sep 2025.
Charges
A charge registered on 20 Jun 2020 via Charge ID 100371547 with Others was fully satisfied on 22 Sep 2025.
AGM
Dhanashree Electronics Ltd last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101158875 was registered on 27 Aug 2025.
Charges
A charge with Others of Rs. 37.00 Cr registered on 16 Jan 2007 with Charge ID 10035625 was modified on 26 Mar 2025.
Ceased
Surya Prakash Toshniwal ceased to be CFO.
Ceased
Rishav Sethia ceased to be Director.

32 earlier events are in the company report.

Frequently asked questions

Dhanashree Electronics is an active public limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 June 1987 (39+ years old) and is registered under CIN L31103WB1987PLC042594. Listed on BSE: 542679.

Dhanashree Electronics reported revenue of ₹111.69 Cr for FY 2025-26 (up 13.5% YoY) based on standalone financials.

Dhanashree Electronics has 4 current directors:

The latest financial statements of Dhanashree Electronics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Dhanashree Electronics is 19AABCD0954E1ZW, registered in West Bengal.

The CIN (Corporate Identification Number) of Dhanashree Electronics is L31103WB1987PLC042594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Dhanashree Electronics is a listed company as per MCA records. Its shares are listed on BSE (code: 542679).

Dhanashree Electronics has 47 court cases on record: 32 filed by the company and 15 filed against it. 21 are pending. Most are in the district courts.

Dhanashree Electronics was incorporated on 24 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.

Dhanashree Electronics has 2 deals on record (2 market trades); the latest was in January 2023.

Shruti Toshniwal ceased to be Director on 04 Dec 2025. Surya Prakash Toshniwal ceased to be CFO on 26 Mar 2025. Rishav Sethia ceased to be Director on 15 Sep 2023. Dhanashree Electronics has 15 board changes on record in total.