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IndiaPulse

Dhansa Labs Limited (DHANSA)

SME Cap

Pharma stocks · SME cap · NSE

Dhansa Labs Limited operates in Formulations, within the Pharma sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹35.75
+1.70 · +4.99%
Quote11 Sept, 03:31 pm IST
Fundamentals12 Sept 2026 · screener
Score11 Sept, 04:30 am IST · v4.3-runtime-valuation
Tags12 Sept 2026
Coverage10/14 · 71%
Valuation2026-07-20 · Rf 6.8% · Pharma P/E 35.4 (n=186)
Data confidence
Fresh enough for analysis
Stock analysis snapshot

Dhansa Labs Limited (DHANSA) share analysis

Dhansa Labs Limited is a sme-cap NSE-listed company in Formulations. Its latest recorded share price is ₹35.75. IndiaPulse assigns it a U-Score of 18/100 and classifies its valuation as overvalued.

Current reported fundamentals include P/E of 17.5, P/B of 0.9, ROE of 5.6%, and debt/equity of 0.40. Review these figures alongside the company's growth, cash-flow, balance-sheet and peer evidence below.

For the quarter ended 30 Jun 2026, the result was classified as average with a score of 30/100. See the quarterly result breakdown.

Market cap
Rs 96 Cr
P/E
17.5
ROE
5.6%
Debt/equity
0.40
U-Score
18/100
Latest result
Average 30/100

Compare with Aristo Bio-Tech and Lifescience Ltd. (ARISTO), Onyx Biotec Ltd. (ONYX) and Sotac Pharmaceuticals Ltd. (SOTAC) or open the complete peer comparison.

Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust needs verification, price trend is neutral, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
OVERVALUED
18

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
59

low confidence · 0/0 claims checked

Technical
Neutral
59

Timing lens: price trend and sector relative strength.

Result consistency
weak
45

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Average · 30/100

YoY data unavailable — classification deferred

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹30.6 CrNDF-24.6%
EBITDA₹2.7 CrNDF+8.6%
Operating margin8.7%NDF+265 bps
PAT₹0.7 CrNDF-63.5%
PAT margin2.4%NDF-254 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Dhansa Labs Limited operates in Formulations, within the Pharma sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

59Neutral

SMA20 +24.1% / mo · RSI overbought · MACD +

Stock trend: 65
Sector RS: 49
Sector 3M: -0.8% vs Nifty -0.7%

Technical chart

DHANSAdaily · 3Y · AUTO+71.9%
Latest close ₹35.75 on 2026-09-11

Daily history is available from 2024-07-11; the requested 3Y window is partially covered.

Bar
+0.8%
RSI
84
MACD hist
1.09
52W pos
63%
2026-09-11O ₹35.45H ₹35.75L ₹35.45C ₹35.75Vol 26,000 sh
₹14.97₹21.72₹28.48₹35.23₹41.9852L35.752026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Mixed signals

Signals are conflicting — long-term uptrend intact. RSI 84. Wait for confirmation.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 rising (~19.4% over last month) — short-term momentum positive.
  • RSI(14) at 84 — overbought zone; risk of mean reversion.
  • MACD above signal, histogram expanding — bullish momentum building.
  • 24% off 52W high · 121% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 18 · OVERVALUED · pillar breakdown, sector model, fair-value anchor

18U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation15/30
Growth1/25
Quality0/20
Balance Sheet9/15
Cash Flow0/10
Piotroski
4/9 (+1)
Penalties
-8
Raw sum
18

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

18/100 · OVERVALUED

Positive drivers

  • Balance sheet contributes 9/15 to the score.
  • Valuation contributes 15/30 to the score.
  • Growth contributes 1/25 to the score.

Main drags

  • Penalty bucket subtracts 8 points.
  • Fair-value margin of safety is negative at -118.9%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Healthcare valuation: PE/EVEBITDA with regulatory and pipeline checks

Healthcare valuation needs both earnings quality and regulatory/pipeline context.

Pharma PE/EVEBITDA
Primary lens
PE and EV/EBITDA adjusted for product mix and R&D/pipeline quality.
Secondary checks
USFDA risk, launch pipeline, margin trend, domestic vs export mix.
Main risk check
Regulatory setbacks or one-off product cycles can distort valuation.
PE
17.5
PB
0.9
EV/EBITDA
10.5
ROE
5.6%
ROCE
FCF Yield
Debt/Equity
0.4
MoS
-118.9%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 11 Sept 2026
v4.3-runtime-valuation
Final score
18
Previous: 20 (-2)
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
-118.9%
Previous: -595.6%

Score history

12 stored score snapshots. Latest stored move: -3 points.

11 Sept 2026
v4.3-runtime-valuation
29
29
29
29
29
29
29
25
25
24
23
20

Factor attribution

Valuation
15+4
was 11
Growth
1-3
was 4
Balance sheet
9+1
was 8
Cash flow
0-2
was 2
Piotroski bonus
1-2
was 3

Modelled fair value

Graham Number
₹44.37
+19.4% MoS
Growth-justified P/E
7.4
Growth-justified Value
₹16.33
-118.9% MoS
PEG

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
59Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 25th percentile of the scored universe and 17th percentile within Pharma. Main check: cash conversion is weak at 40/100.

Mixed Trust Lite: Promoter holding is 65.9%. Key concern: Operating cash flow is negative at ₹-34 Cr.

Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
25th percentile

overall median 67 · Pharma: 17th pctile, median 70 · SME: 27th pctile, median 64

Evidence depth
Financial-only

0 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
45
watch · quarterly consistency

Trust positives

  • Promoter holding is 65.9%.
  • Promoter pledge is zero.

Trust risks

  • Operating cash flow is negative at ₹-34 Cr.
  • Promoter holding fell 4.2%.
  • ROCE trend is -6.7%.
  • Fewer than 2 quarterly result rows available.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
17.50
P/B
0.90
EV/EBITDA
10.48
Market Cap
96.20Cr

Profitability

ROE
5.56%
ROCE
ROA
3.97%
Dividend Y

Growth (CAGR)

Revenue 5Y
EPS 5Y
Revenue 3Y
EPS 3Y

Balance Sheet

Debt/Equity
0.40
Interest Coverage
3.67×
Altman Z
3.21
Book Value
39.60

Cash Flow

FCF Yield
FCF Positive Y
0/5
OCF
-4.00 Cr
EPS TTM
2.21

Shareholding

Promoter Hold
65.05%
Promoter Pledge
0.00%
Momentum 52W
64%

Financial History

Updated 11/9/2026

Revenue

₹ Cr
Latest: 142
0142.0Mar 2026: 142FY26

Net Profit

₹ Cr
Latest: 6.0
06.0Mar 2026: 6.0FY26

Return on Equity

%
Latest: 6.1
06.1Mar 2026: 6.1%FY26

Peers

Business-comparable names in Pharma, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.