Loading…
← CockpitCompetitor Analysis › DHOOTTRANS.NS Dhoot Transmission LimitedOpen in the cockpit ↗

Dhoot Transmission LimitedDHOOTTRANS.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Electrical Products

Indian maker of automotive wiring harnesses and electrical switches, primarily for two-wheelers.

Mkt cap
$3.46B
US dollars, full cap
Free float
16%
of shares outstanding
$/day
$11.5M
20-day average traded
Fwd P/E
52.6×
forward earnings
ROIC−WACC
-6.3 pp
WACC 20.0%
Hurdle
n/a
no reverse DCF
Next earnings
117 days
3 Mar 2027
Close · INR₹1,602
1D-0.4%
1W+3.6%
1M+9.4%
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %5.1%
52w lowhigh7.7% off high

What Dhoot Transmission does

Indian maker of automotive wiring harnesses and electrical switches, primarily for two-wheelers.

Products and services

  • Wiring harnesses
  • Electrical switches

Customers

  • Two-wheeler OEMs

Where it sits in the supply chain

  • Auto components
  • Wiring harness & switch manufacturing

Moat: narrow (customer qualification). OEM-qualified components supplier in a fragmented, competitive Indian auto-electrical parts industry.

Headquarters: India · Employees: 2,735

Named competitors

Dhoot Transmission at a glance

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).

Dhoot Transmission financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/a₹45.2B₹34.4B₹28.0B
Revenue growth—+31%+23%—
Gross profitn/a₹7.70B₹6.46B₹5.28B
EBITDAn/a₹7.24B₹6.06B₹5.20B
Net incomen/a₹3.97B₹3.54B₹2.99B
Free cash flown/a-₹676M-₹1.51B-₹961M
Capital expendituren/a₹3.50B₹4.07B₹2.88B
Total debt₹3.73B₹9.54B₹8.14B₹5.76B

Quarterly statements and history in the cockpit →

Dhoot Transmission competitor charts

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.

Fundamentals: revenue growth against valuation

0%+50%+100%0×100×68834900626039313005706037281133300747002487688676000400002266300438600517DHOOTTRANS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Dhoot Transmission is the large dot.

Dhoot Transmission competitors and peer comparison

Head to head with its named competitors (DHOOTTRANS.NS vs MSUMI.NS vs MINDACORP.NS vs SANDHAR.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Dhoot Transmission DHOOTTRANS.NS$3.46Bn/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

How Dhoot Transmission compares with its peers

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.

Dhoot Transmission against its 20 peers (data as of 6 Nov 2026)
MeasureDHOOTTRANS.NSPeer medianRank 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 margin13.3%8.4%8th highest of 21
Forward P/E52.6×19.5×3rd most expensive of 18
ROIC minus cost of capital-6.3 pp+2.4 pplowest of 20
EV / EBITDA44.2×11.7×2nd most expensive of 8
Net debt / EBITDA-1.0×1.2×4th least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Dhoot Transmission DHOOTTRANS.NSIndia$3.46Bn/a+31%13%52.6×n/an/a
Luoyang Bearing 301699.SZChina$3.45Bn/a+29%11%n/an/an/a
Sany Renewable Energy 688349.SSChina$3.50B-22%+30%2%21.7×n/an/a
LS 006260.KSSouth Korea$3.51B-62%+30%4%8.0×n/an/a
Taiyo 4626.TJapan$3.36B-5%+18%25%17.0×5.0%+11.2%
CALB 3931.HKHong Kong$3.57B-59%+80%7%8.1×n/an/a
T&S Communications 300570.SZChina$3.36B-25%+40%18%47.3×43.8%+21.8%
Shanghai Moons Electrical 603728.SSChina$3.66B-1%+22%4%183.9×n/an/a
Harbin Electric 1133.HKHong Kong$3.27B-54%+13%7%6.2×n/an/a
Wuhan Raycus Fiber Laser Technologies 300747.SZChina$3.67B+22%+16%6%76.8×n/an/a
Dajin Heavy Industry 002487.SZChina$3.71B-60%-2%19%19.6×n/an/a
Hainan Jinpan Smart Technology 688676.SSChina$3.75B-38%+12%10%29.4×28.5%+24.7%
Maruwa 5344.TJapan$3.12B-46%+26%36%19.5×n/an/a
XJ Electric 000400.SZChina$3.86B0%-8%6%23.5×n/an/a
Zhefu 002266.SZChina$3.09B-26%+27%8%9.3×n/an/a
Guangzhou Great Power Energy & Technology 300438.SZChina$3.90B-50%+125%7%11.7×9.7%+26.8%
Shenzhen Hfc 301716.SZChina$3.93Bn/a+114%44%n/a45.3%n/a
Beijing Sifang Automation 601126.SSChina$3.94B-44%+9%9%27.8×25.3%+16.3%
Gaon Cable 000500.KSSouth Korea$3.97B+50%+32%3%n/an/an/a
State Grid Yingda 600517.SSChina$4.01B-21%+8%22%10.2×-18.5%+8.1%
Shenzhen Woer Heat-Shrinkable Material 002130.SZChina$2.98B-37%+20%15%16.4×1.8%+15.6%

Questions

Who are Dhoot Transmission's main competitors?
Named competitors: Motherson Sumi Wiring India (MSUMI.NS), Minda Corp (MINDACORP.NS), Sandhar Technologies (SANDHAR.NS). The cockpit's measured peer set (industry) also includes Luoyang Bearing (301699.SZ), Sany Renewable Energy (688349.SS), LS (006260.KS), Taiyo (4626.T), CALB (3931.HK), T&S Communications (300570.SZ).
Is Dhoot Transmission expensive compared with its peers?
On forward p/e it trades at 52.6× against a peer median of 19.5×, 3rd most expensive of 18 in its peer set.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.