---
title: "Dhanus Technologies Ltd (DHANUS) — Share Price, Financials & Analysis"
symbol: "DHANUS"
company: "Dhanus Technologies Ltd"
canonical: "https://tapetide.com/stocks/DHANUS"
generated_at: "2026-10-13T10:59:32.946Z"
---

# Dhanus Technologies Ltd (DHANUS)

Canonical page: https://tapetide.com/stocks/DHANUS

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2007-10-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dhanus.net

## About

Dhanus Technologies Limited (Parent Company) is an India-based engaged in the sales and services of Global calling Cards and development and maintenance of software, FleeTrac, business process outsourcing (BPO) services and trading sales.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.01 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.29% over past five years.
- Company has a low return on equity of 0.72% over last 3 years.
- Company has high debtors of 1,074 days.
- Working capital days have increased from 899 days to 1,903 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| revenue growth | -55% | -35% | 8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 |
| --- | --- | --- |
| Sales | 4.38 | 2.38 |
| Expenses | 2.68 | 1.88 |
| Operating Profit | 1.7 | 0.5 |
| OPM % | 38.81 | 21.01 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 3.22 | 4.41 |
| Profit before tax | -1.52 | -3.91 |
| Tax % | 0 | 0 |
| Net Profit | -1.51 | -3.91 |
| EPS in Rs | -0.03 | -0.07 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Dec 2010 18m | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 36 | 90 | 195 | 117 | 119 | 54 |
| Expenses | 20 | 56 | 106 | 61 | 79 | 46 |
| Operating Profit | 16 | 34 | 89 | 57 | 40 | 7 |
| OPM % | 46 | 38 | 46 | 48 | 33 | 14 |
| Other Income | 0 | 0 | -4 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 3 | 4 | 2 |
| Depreciation | 2 | 4 | 22 | 33 | 37 | 18 |
| Profit before tax | 14 | 30 | 63 | 21 | -1 | -12 |
| Tax % | 8 | 17 | 13 | 6 | -32 | -8 |
| Net Profit | 13 | 25 | 54 | 20 | -1 | -11 |
| EPS in Rs | — | 17.89 | 30.24 | 10.91 | -0.56 | -0.2 |
| Dividend Payout % | 7 | 8 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 14 | 18 | 18 | 18 | 571 |
| Reserves | 22 | 77 | 251 | 271 | 306 | 5 |
| Borrowings | 2 | 6 | 12 | 20 | 13 | 31 |
| Other Liabilities | 5 | 14 | 25 | 31 | 88 | 98 |
| Total Liabilities | 38 | 111 | 306 | 340 | 425 | 706 |
| Fixed Assets | 10 | 29 | 140 | 140 | 103 | 85 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 6 | 12 | 12 | 46 | 179 |
| Other Assets | 26 | 76 | 155 | 187 | 276 | 441 |
| Total Assets | 38 | 111 | 306 | 340 | 425 | 706 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | 7 | 42 | 1 | 11 | -125 |
| Cash from Investing Activity | -12 | -31 | -150 | -35 | -34 | -134 |
| Cash from Financing Activity | 13 | 40 | 122 | 6 | 22 | 258 |
| Net Cash Flow | 0 | 16 | 14 | -28 | -1 | -1 |
| Free Cash Flow | -9 | -17 | -91 | -33 | 11 | -125 |
| CFO/OP | -5 | 24 | 51 | 1 | 27 | -1696 |

### Ratios

| Item | Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 63 | 72 | 89 | 183 | 420 | 1074 |
| Inventory Days | — | — | — | — | 603 | 688 |
| Days Payable | — | — | — | — | 702 | 892 |
| Cash Conversion Cycle | 63 | 72 | 89 | 183 | 322 | 870 |
| Working Capital Days | 199 | 164 | 159 | 442 | 353 | 1903 |
| ROCE % | — | 46 | 37 | 8 | 1 | -2 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 688.79 | Sell |
| EMA (10) | 688.22 | Sell |
| SMA (20) | 694.79 | Sell |
| EMA (20) | 689.57 | Sell |
| SMA (50) | 695.33 | Sell |
| EMA (50) | 693.88 | Sell |
| SMA (100) | 705.6 | Sell |
| EMA (100) | 705.37 | Sell |
| SMA (200) | 729.58 | Sell |
| EMA (200) | 740.17 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.81 | Neutral |
| MACD (12,26,9) | -1.69 | Sell |
| Stochastic (14,3,3) | 59.44 | Neutral |
| ADX (14) | 13.32 | Neutral |
| Williams %R (14) | -56.83 | Neutral |
| ATR (14) | 37.55 | High Volatility |
| ROC (12) | -0.79 | Sell |
| Stoch RSI (14) | 60.65 | Neutral |
| UO (7,14,28) | 49.61 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_DHANUS_2011_2012_14092012102601.zip) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_DHANUS_2010_2011_18072011150000.zip) |
| Dec 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532903/5329031210.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:32.946Z.