Dhunseri Ventures Proposes Dividend and Subsidiary Support

Dhunseri Ventures reported a consolidated net profit of ₹24.36 crore alongside a standalone net loss of ₹42.77 crore for the fiscal year ending March 31, 2026.

Key Decisions

The Board of Directors at Dhunseri Ventures Limited has recommended a final dividend of ₹1.50 per share for the financial year 2025-26. In a significant move to support its growth initiatives, the Board also approved a corporate guarantee for its wholly-owned subsidiary, Dhunseri Poly Films Private Limited (DPFPL). This guarantee is set to cover term loans up to 32 million Euros and ₹118 crore from the Export-Import Bank of India, which are earmarked for DPFPL's expansion of its BOPET Line and Metallizer unit.

Financial Snapshot and Shareholder Returns

The dividend recommendation provides shareholders with a direct financial return. The company's financial performance presented a mixed picture: a profitable consolidated result contrasted with a loss at the standalone level, highlighting varied performance across its operational segments. The reappointment of key management personnel, including Mrs. Aruna Dhanuka as Managing Director and Mr. Sameer Sah as Independent Director for second five-year terms, ensures leadership continuity.

Background on Subsidiary Operations and Investments

The company previously incurred an impairment loss connected to its investment in Twelve Cupcakes Pte Limited. This subsidiary initiated Creditors' Voluntary Winding-up proceedings in October 2025. Meanwhile, M/s Dhandhania & Associates has been retained as the Internal Auditor for the fiscal year 2026-27.

Outlook and Next Steps

Shareholders will have the opportunity to vote on the proposed final dividend at the upcoming Annual General Meeting (AGM). The corporate guarantee is expected to facilitate DPFPL's advancement of its expansion projects. The company continues to navigate the financial implications arising from the winding-up process of the Twelve Cupcakes subsidiary.

Potential Risks

A key risk factor involves the contingent liability associated with the corporate guarantee extended to EXIM Bank for DPFPL. Furthermore, the company must continue to monitor and manage the financial repercussions stemming from the cessation of operations of subsidiaries such as Twelve Cupcakes.

Financial Metrics (Year ended March 31, 2026)

• Standalone Revenue from operations: ₹48.47 crore
• Consolidated Revenue from operations: ₹70.96 crore
• Standalone Net Profit/(Loss) after taxes: ₹-42.77 crore
• Consolidated Net Profit after taxes: ₹24.36 crore

Investor Focus Areas

Future investor attention is likely to be directed towards the progress and financial outcomes of Dhunseri Poly Films' expansion initiatives. The company's management of its contingent liabilities and the ongoing financial impact of discontinued operations will also be critical factors to observe.