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Disha Resources Overview

Disha Resources Ltd. is an Indian publicly listed company incorporated on 6 March 1995 (originally known as Arihant Avenues and Credit Ltd.) with its registered office in Ahmedabad, Gujarat and listed on the Bombay Stock Exchange. The company operates as a diversified commercial trading and investment entity, engaging in a wide range of activities including trading of jewellery and precious and semi‑precious metals, import/export distribution, logistics and carrier services, and the trading of commodities such as waste paper, coal and coa...Read More

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Disha Resources Key Financials

Market Cap ₹22 Cr.

Stock P/E -38.2

P/B 0.7

Current Price ₹29.6

Book Value ₹ 40.8

Face Value 10

52W High ₹29.6

Dividend Yield 0%

52W Low ₹ 15.1

Disha Resources Share Price

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Volume
Price

Disha Resources Quarterly Price

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Disha Resources Peer Comparison

Disha Resources Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 0 0 0 0 0 0 0 1 0
Total Expenditure 1 0 0 0 0 0 0 0 1 1
Operating Profit -0 -0 0 -0 -0 0 -0 -0 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 0 -0 -0 0 -0 -0 -0 -0
Provision for Tax -0 -0 -0 -0 -0 0 -0 -0 -0 -0
Profit After Tax -0 -0 1 -0 -0 -0 -0 -0 -0 -0
Adjustments 0 0 0 -0 -0 -0 -0 -0 0 -0
Profit After Adjustments -0 -0 1 -0 -0 -0 -0 -0 -0 -0
Adjusted Earnings Per Share -0 -0 1 -0.1 -0.3 -0.4 -0 -0.1 -0 -0

Disha Resources Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 1 1 1 1 0 4 1 4 1 0 0
Other Income 0 0 0 0 0 0 0 0 1 3 0 0
Total Income 0 1 1 1 1 0 4 2 4 5 0 1
Total Expenditure 0 1 1 1 2 1 4 2 4 2 1 2
Operating Profit 0 0 0 0 -1 -0 0 0 0 3 -0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 -1 -0 0 0 0 3 -0 0
Provision for Tax 0 -0 0 0 0 0 0 0 0 -0 0 0
Profit After Tax 0 0 0 0 -1 -0 0 0 0 3 -1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 -1 -0 0 0 0 3 -1 0
Adjusted Earnings Per Share 0.2 0.2 0 0.2 -0.8 -0.7 0.6 0.3 0.5 4.1 -0.8 -0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -100% -100% 0% 0%
Operating Profit CAGR -100% 0% 0% 0%
PAT CAGR -133% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 47% 52% 24% 11%
ROE Average -1% 3% 3% 1%
ROCE Average -1% 3% 3% 1%

Disha Resources Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 9 9 9 9 15 11 12 29 35 38 38
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 2 1
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 -0 -0
Total Current Liabilities 0 0 0 1 0 1 2 3 4 0 0
Total Liabilities 9 9 9 10 15 12 14 32 39 41 39
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 9 9 3 3 9 10 11 28 33 38 37
Total Current Assets 0 1 6 7 6 2 3 4 5 3 1
Total Assets 9 9 9 10 15 12 14 32 39 41 39

Disha Resources Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 -0 -0 -0 -0 -0 -0 -1 -0 -4 4
Cash Flow from Investing Activities 0 1 0 0 0 0 0 -2 1 4 -3
Cash Flow from Financing Activities 0 0 0 0 0 0 0 3 -1 0 -2
Net Cash Inflow / Outflow -0 0 -0 0 -0 -0 -0 -0 -0 0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Disha Resources Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.18 0.16 0.01 0.25 -0.8 -0.65 0.6 0.28 0.53 4.13 -0.77
CEPS(Rs) 0.18 0.16 0.01 0.25 -0.8 -0.65 0.6 0.28 0.53 4.14 -0.77
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 12.1 12.38 12.4 12.66 19.95 15.38 16.29 39.27 47.31 52.23 52.26
Core EBITDA Margin(%) 40.62 11 4.55 -31.19 -42.08 -137.12 1.85 -10.67 -5.29 -15.53 -1559.44
EBIT Margin(%) 40.62 11 4.55 26.71 -42.08 -137.12 10.9 12.68 10.17 176.17 -817.82
Pre Tax Margin(%) 40.6 10.99 4.54 26.68 -42.09 -137.16 10.9 12.23 10.17 176.04 -921.18
PAT Margin (%) 29.28 11.56 0.75 26.68 -42.09 -137.16 10.9 12.23 8.92 182.11 -1744.71
Cash Profit Margin (%) 29.28 11.56 0.75 26.68 -42.09 -137.16 10.9 12.23 8.92 182.15 -1740.69
ROA(%) 1.46 1.26 0.11 1.92 -4.77 -3.58 3.31 0.87 1.11 7.64 -1.43
ROE(%) 1.48 1.27 0.11 1.98 -4.88 -3.7 3.79 1 1.23 8.31 -1.48
ROCE(%) 2.04 1.2 0.67 1.98 -4.87 -3.7 3.79 0.96 1.3 7.57 -0.67
Receivable days 0 0 0 0 0 0 247.24 345.18 92.22 210.26 1227.02
Inventory Days 103.15 50.04 51.46 216.17 108.08 1103.05 89.25 0 0 0 0
Payable days 0 0 1.29 310.24 57.16 260.28 178.12 338.07 93.7 221.47 0
PER(x) 0 58.84 544.53 0 0 0 0 81.17 38.85 3.71 0
Price/Book(x) 0 0.74 0.6 0 0 0 0 0.57 0.44 0.29 0.38
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 16.4 6.49 4.05 10.65 5.26 20.89 2.02 13.16 4.69 9.53 460.99
EV/Core EBITDA(x) 40.37 59 89.01 39.88 -12.49 -15.23 16.62 92.63 39.11 4.58 -56.65
Net Sales Growth(%) -2.39 120.3 36.78 -49.32 103.34 -74.78 936.41 -59.02 150.75 -62.08 -97.69
EBIT Growth(%) -23.75 -40.32 -43.41 197.27 -420.41 17.83 191.81 -52.08 111.89 556.71 -109.08
PAT Growth(%) -33.38 -13.01 -91.16 1708.82 -420.73 17.82 191.75 -53.76 92.72 673.8 -118.74
EPS Growth(%) -33.4 -12.97 -91.16 1709.49 -420.73 17.82 191.75 -53.76 92.75 673.76 -118.74
Debt/Equity(x) 0 0 0 0 0 0 0 0.11 0.07 0.06 0.01
Current Ratio(x) 4.36 78.95 178.83 13.19 660.27 2.27 1.22 1.09 1.28 5.28 86
Quick Ratio(x) 1.5 56.56 171.89 12.1 632.88 0.12 1.18 1.09 1.28 5.28 86
Interest Cover(x) 2595 864.22 488.09 1184.82 -6549.47 -3309.44 2261.66 28.21 2205.5 1325.65 -7.91
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.18 0.15 0.2 0.03

Disha Resources Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 48.1 48.1 48.1 48.1 48.1 48.1 48.1 48.1 48.1 52.88
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 51.9 51.9 51.9 51.9 51.9 51.9 51.9 51.9 51.9 47.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Disha Resources News

Disha Resources Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Debtor days have improved from 221.47 to 0days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 3% over the last 3 years.
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