Indian maker of automotive wiring harnesses and electrical switches, primarily for two-wheelers.
Indian maker of automotive wiring harnesses and electrical switches, primarily for two-wheelers.
Moat: narrow (customer qualification). OEM-qualified components supplier in a fragmented, competitive Indian auto-electrical parts industry.
Headquarters: India · Employees: 2,735
Size Dhoot Transmission (DHOOTTRANS.NS) is an India Industrials company (Electrical Products) with a market value of $3.46B, the 257th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,602 on 6 Nov 2026.
Growth Revenue grew 31.4% over the last twelve months (peer median +23.8%); the operating margin is 13.3% (peer median 8.4%).
Valuation It trades at 52.6× forward earnings against a peer median of 19.5× (3rd most expensive of 18).
Capital Return on invested capital runs 6.3 points below its cost of capital (20.0% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | ₹45.2B | ₹34.4B | ₹28.0B |
| Revenue growth | — | +31% | +23% | — |
| Gross profit | n/a | ₹7.70B | ₹6.46B | ₹5.28B |
| EBITDA | n/a | ₹7.24B | ₹6.06B | ₹5.20B |
| Net income | n/a | ₹3.97B | ₹3.54B | ₹2.99B |
| Free cash flow | n/a | -₹676M | -₹1.51B | -₹961M |
| Capital expenditure | n/a | ₹3.50B | ₹4.07B | ₹2.88B |
| Total debt | ₹3.73B | ₹9.54B | ₹8.14B | ₹5.76B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Dhoot Transmission DHOOTTRANS.NS | $3.46B | n/a | +31% | 13% | 52.6× | n/a |
| Motherson Sumi Wiring India MSUMI.NS | $2.75B | -9% | +36% | 7% | 32.1× | 30.0% |
| Minda MINDACORP.NS | $1.80B | +33% | +33% | 8% | 37.6× | 32.0% |
| Sandhar Technologies SANDHAR.NS | $305M | -9% | +27% | 5% | 13.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DHOOTTRANS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.4% | -11.7% | 5th highest of 21 |
| Distance from 52-week high | -7.7% | -50.4% | highest of 21 |
| Revenue growth (TTM) | +31.4% | +23.8% | 6th highest of 21 |
| Operating margin | 13.3% | 8.4% | 8th highest of 21 |
| Forward P/E | 52.6× | 19.5× | 3rd most expensive of 18 |
| ROIC minus cost of capital | -6.3 pp | +2.4 pp | lowest of 20 |
| EV / EBITDA | 44.2× | 11.7× | 2nd most expensive of 8 |
| Net debt / EBITDA | -1.0× | 1.2× | 4th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dhoot Transmission DHOOTTRANS.NS | India | $3.46B | n/a | +31% | 13% | 52.6× | n/a | n/a |
| Luoyang Bearing 301699.SZ | China | $3.45B | n/a | +29% | 11% | n/a | n/a | n/a |
| Sany Renewable Energy 688349.SS | China | $3.50B | -22% | +30% | 2% | 21.7× | n/a | n/a |
| LS 006260.KS | South Korea | $3.51B | -62% | +30% | 4% | 8.0× | n/a | n/a |
| Taiyo 4626.T | Japan | $3.36B | -5% | +18% | 25% | 17.0× | 5.0% | +11.2% |
| CALB 3931.HK | Hong Kong | $3.57B | -59% | +80% | 7% | 8.1× | n/a | n/a |
| T&S Communications 300570.SZ | China | $3.36B | -25% | +40% | 18% | 47.3× | 43.8% | +21.8% |
| Shanghai Moons Electrical 603728.SS | China | $3.66B | -1% | +22% | 4% | 183.9× | n/a | n/a |
| Harbin Electric 1133.HK | Hong Kong | $3.27B | -54% | +13% | 7% | 6.2× | n/a | n/a |
| Wuhan Raycus Fiber Laser Technologies 300747.SZ | China | $3.67B | +22% | +16% | 6% | 76.8× | n/a | n/a |
| Dajin Heavy Industry 002487.SZ | China | $3.71B | -60% | -2% | 19% | 19.6× | n/a | n/a |
| Hainan Jinpan Smart Technology 688676.SS | China | $3.75B | -38% | +12% | 10% | 29.4× | 28.5% | +24.7% |
| Maruwa 5344.T | Japan | $3.12B | -46% | +26% | 36% | 19.5× | n/a | n/a |
| XJ Electric 000400.SZ | China | $3.86B | 0% | -8% | 6% | 23.5× | n/a | n/a |
| Zhefu 002266.SZ | China | $3.09B | -26% | +27% | 8% | 9.3× | n/a | n/a |
| Guangzhou Great Power Energy & Technology 300438.SZ | China | $3.90B | -50% | +125% | 7% | 11.7× | 9.7% | +26.8% |
| Shenzhen Hfc 301716.SZ | China | $3.93B | n/a | +114% | 44% | n/a | 45.3% | n/a |
| Beijing Sifang Automation 601126.SS | China | $3.94B | -44% | +9% | 9% | 27.8× | 25.3% | +16.3% |
| Gaon Cable 000500.KS | South Korea | $3.97B | +50% | +32% | 3% | n/a | n/a | n/a |
| State Grid Yingda 600517.SS | China | $4.01B | -21% | +8% | 22% | 10.2× | -18.5% | +8.1% |
| Shenzhen Woer Heat-Shrinkable Material 002130.SZ | China | $2.98B | -37% | +20% | 15% | 16.4× | 1.8% | +15.6% |