Dhunseri Ventures Limited is an India-based company primarily engaged in treasury operations in shares and securities. The company was originally incorporated as 'Dhunseri Tea Co. Limited' in 1916, with its initial business focused on tea cultivation. It later diversified into the petrochemicals sector by acquiring the Bottle Grade PET resin business and changing its name to Dhunseri Petrochem & Tea Limited, and eventually to Dhunseri Ventures Limited on December 11, 2018. The company is based in Kolkata, India, and its promoters have over 40 years of experience in the Tea and Petrochemicals industries.
Dhunseri Ventures Limited operates through several diversified segments, including:
- Trading: Engaged in the trading of commodities and PET Resin.
- Treasury Operations: The core segment, focusing on holding treasury assets for capital appreciation and other related gains through securities trading and portfolio management.
- Flexible Packaging Films: Involved in the manufacturing and sale of biaxially-oriented polyethylene terephthalate (BOPET) films through its wholly-owned subsidiary, Dhunseri Poly Films Private Limited. The company incorporated this subsidiary on November 28, 2020, for the implementation of a new polyester film manufacturing project.
- Food and Beverages: Operates a bakery business, Twelve Cupcakes Pte Ltd, in Singapore, adding an international retail dimension to its portfolio.
The company's subsidiary structure supports its diversified operations:
- Dhunseri Infrastructure Limited: Engaged in infrastructure activities.
- Twelve Cupcakes Pte. Ltd.: Manages the food and beverages segment in Singapore.
- Dhunseri Poly Films Private Ltd.: Focuses on the manufacturing of BOPET films.
- DVL USA INC.
Dhunseri Ventures Limited itself is a subsidiary of Dhunseri Investments Limited. The company has undergone significant restructuring initiatives, including the transfer of its Polyethylene Terephthalate (PET resin) business in India to Dhunseri Petglobal Limited (DPGL) on April 1, 2016, a move sanctioned by the Hon'ble High Court at Calcutta.
Dhunseri Ventures has experienced a mixed financial performance in recent periods.
Annual Performance (FY25):
For the full year ended March 2025, the company's net profit declined by 5.83% to ₹144.16 crore, compared to ₹153.08 crore in the previous year (FY24). Sales, however, increased by 19.07% to ₹480.43 crore in FY25, up from ₹403.48 crore in FY24.
Quarterly Performance (FY25):
- Q4 FY25: The company faced challenges, with net profit falling significantly to ₹-87.03 crore (a -457.56% decline year-on-year). Revenue for Q4 FY25 stood at ₹147.23 crore.
- Q3 FY25: In contrast, Dhunseri Ventures showed strong performance, with net profit soaring by 652.94% to ₹93.44 crore, compared to ₹12.41 crore in Q3 FY24. Sales for the quarter also rose substantially by 122.60% to ₹126.37 crore, against ₹56.77 crore in the previous year.
- Market Capitalization: ₹1,205 crore (as of February 20, 2025)
- Revenue (FY25): ₹480.43 crore
- Net Profit (FY25): ₹144.16 crore
- PE Ratio: 4.47 (as of February 20, 2025)
- PB Ratio: 2.77 (as of February 20, 2025)
- Dividend Yield: 1.50% (current, based on ₹5 dividend and current price)
- 52-week High: ₹543.35
- 52-week Low: ₹302.2
- Promoter Holding: 75.00% (as of March 2025), with no promoter pledging.
The company's stock has shown volatility, decreasing by 23.19% over the past 6 months and by 14.81% over the last one year. The 52-week high for Dhunseri Ventures share price was ₹543.35, and the 52-week low was ₹302.2.
The Board of Directors recommended a final dividend of ₹5 per equity share (50%) for the financial year, subject to shareholder approval at their meeting on May 20, 2025. Historically, the dividend payout has been low, at 8.94% of profits over the last 3 years.
The company is led by C K Dhanuka as the Chairman and A Dhanuka as the Managing Director. Promoter holding remains strong and stable at 75.00% as of March 2025, with no shares pledged by the promoters.
Dhunseri Ventures is actively expanding its manufacturing capabilities. A foundation stone was laid for Dhunseri Poly Films' new BOPP (biaxially-oriented polypropylene) plant at Kathua on June 8, 2025, signaling the company's commitment to further growth in its flexible packaging films business.
In terms of management, Mrigank Dhanuka (DIN: 00005666) resigned from the post of Vice Chairman in the capacity of Whole-Time Director of the Company, effective February 7, 2025.
Dhunseri Ventures Limited maintains its position as a diversified investment company with a robust presence in treasury operations, flexible packaging, and international food retail. Despite recent financial fluctuations, its strategic expansions and diversified business model aim to capitalize on future growth opportunities.
