Dhanuka Infra Realty (NSE:DIRL) Net-Net Working Capital: ₹-0.47 (As of Mar. 2025)

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NSE:DIRL Dhanuka Infra Realty Ltd NSE:DIRL
47 GF Score
Price ₹10.85
GF Value ₹20.51
Valuation Possible Value Trap
! 5 Warning Signs
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What is Dhanuka Infra Realty Net-Net Working Capital?

Dhanuka Infra Realty NSE:DIRL 47 Net-Net Working Capital is ₹-0.47 as of Mar. 2025. GuruFocus rates NSE:DIRL with a GF Score™ of 47/100 and a GF Value™ of ₹20.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 33 Homebuilding & Construction companies, Dhanuka Infra Realty ranks worse than 3030300% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Dhanuka Infra Realty's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-0.47.

The industry rank for Dhanuka Infra Realty's Net-Net Working Capital or its related term are showing as below:

NSE:DIRL's Price-to-Net-Net-Working-Capital is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 7.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Dhanuka Infra Realty  (NSE:DIRL) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Dhanuka Infra Realty Net-Net Working Capital Related Terms


Dhanuka Infra Realty Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Dhanuka Infra Realty's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dhanuka Infra Realty Net-Net Working Capital Chart

Dhanuka Infra Realty Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.81 -10.31 -8.74 -4.65 -0.47

Dhanuka Infra Realty Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.81 -10.31 -8.74 -4.65 -0.47

NSE:DIRL vs DHI, PHM, LEN: Net-Net Working Capital Comparison

For the Residential Construction subindustry, Dhanuka Infra Realty's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dhanuka Infra Realty Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dhanuka Infra Realty's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Dhanuka Infra Realty's Price-to-Net-Net-Working-Capital falls into.


NSE:DIRL
47GF Score
Dhanuka Infra Realty Ltd NSE:DIRL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanuka Infra Realty Net-Net Working Capital Calculation

Dhanuka Infra Realty's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.064+0.75 * 31.943+0.5 * 138.188-101.738
-0-0)/7.740
=-0.47

Dhanuka Infra Realty's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.064+0.75 * 31.943+0.5 * 138.188-101.738
-0-0)/7.740
=-0.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-0.47 mean?
Dhanuka Infra Realty (NSE:DIRL) has a Net-Net Working Capital of ₹-0.47 as of Mar. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Dhanuka Infra Realty According to the industry distribution chart, Dhanuka Infra Realty ranks #999999 out of 33 companies in the Homebuilding & Construction industry.
Is Dhanuka Infra Realty's Net-Net Working Capital too high?
Dhanuka Infra Realty's current Net-Net Working Capital is ₹-0.47. Based on the distribution chart, Dhanuka Infra Realty ranks #999999 out of 33 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Dhanuka Infra Realty has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dhanuka Infra Realty's Net-Net Working Capital compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Dhanuka Infra Realty ranks #999999 out of 33 companies for Net-Net Working Capital. This places Dhanuka Infra Realty in the lower half of its industry. The industry median Net-Net Working Capital is 7.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 7.49, based on 33 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Dhanuka Infra Realty For the Homebuilding & Construction industry, the median Net-Net Working Capital is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhanuka Infra Realty's current Net-Net Working Capital is ₹-0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanuka Infra Realty stock overvalued right now?
Based on GuruFocus' analysis, Dhanuka Infra Realty (NSE:DIRL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹20.51, compared to a current price of ₹10.85 — trading 47.1% below its estimated fair value. The current Net-Net Working Capital is ₹-0.47. Dhanuka Infra Realty's overall GF Score™ is 47/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Dhanuka Infra Realty (NSE:DIRL), the current Net-Net Working Capital is ₹-0.47 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dhanuka Infra Realty (NSE:DIRL) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanuka Infra Realty stock appears to be undervalued. The current stock price of ₹10.85 is trading 47.1% below its estimated GF Value™ of ₹20.51. GuruFocus considers Dhanuka Infra Realty to be Possible Value Trap.

Key valuation signals for NSE:DIRL:

  • Net-Net Working Capital: ₹-0.47
  • GF Value™: ₹20.51 vs. price of ₹10.85 (47.1% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the NSE:DIRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanuka Infra Realty Business Description

Address C-212 & C-213, Gautam Marg, 5th Floor, The Solitaire, Hanuman Nagar, Vaishali Nagar, Jaipur, RJ, IND, 302020
Dhanuka Infra Realty Ltd is a real estate developer focused on residential projects. It develops residential apartment complexes and townships along with commercial office buildings, retail spaces, and hospitality assets such as hotels and resorts. The company's projects include Sunshine Prime, Sunshine Kalyan, Sunshine Bhagat, Sunshine Krishna, Sunshine Vrindavan, and many more.
47GF Score

Get the complete analysis for NSE:DIRL

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹10.85
Price
₹20.51
GF Value