What we do Dhanashree Electronics Ltd manufactures and supplies diverse lighting products including LED lamps, street lights, solar lamps, and innovative lighting solutions for public infrastructure and smart cities. |
Founded in 1,987 |
Market share Ranked as a trusted and respected brand in India with significant presence in lighting and solar energy sectors. |
Problem solved Provides energy-efficient, cost-effective lighting and solar solutions, supporting government smart city projects and sustainable energy adoption. |
Top clients or who we serve Serves B2B clients including government bodies, smart city projects, railways, and infrastructure developers across India. |
Key management Mr. Nitesh Toshniwal (Managing Director), Mrs. Shruti Toshniwal (Executive Director), Mr. Virendra Krishna Khandelwal (CFO), Mr. Gopal Sharma (Company Secretary). |
Our journey and innovations Since 1987, expanded from basic lighting to advanced LED and solar products, pioneering energy-efficient technologies and entering smart city infrastructure projects. |
Where we operate Primarily operates across India with focus on urban infrastructure projects and emerging energy-efficient lighting markets. |
Top products or what we offer LED lamps, downlighters, street lights, flood lights, solar panels, solar street lights, and decorative luminaires under the Rashmi brand. |
Top brands Rashmi brand - a highly respected and trusted lighting brand in India with diverse LED and solar products. |
Raw materials needed Electronic components, LED chips, solar cells, plastics, metals, and electrical accessories. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from product sales with cyclical elements influenced by government projects and infrastructure investments. |
Our industry position Market leader in eastern India and recognized nationally for quality and innovation in lighting and solar products. |
Financial highlights FY 2024-25 Revenue: Rs. 98.39 Cr, Net Profit: Rs. 3.46 Cr, showing steady growth over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Government smart city initiatives, LED adoption shift, and expansion in solar lighting markets are key growth drivers. |
Our future plans Focus on premium LED lighting, expand solar product range, and secure large smart city and infrastructure contracts. |
Our green promise Promotes energy conservation through LED and solar technologies, supporting environmental sustainability goals. |
Our people and values 61 employees with a focus on safety, compliance, diversity, ethical governance and employee welfare. |
Key challenges ahead Managing rising input costs and economic slowdowns while maintaining profitability and market leadership. |
Interesting facts One of India’s first companies to introduce cost-efficient LED lighting solutions; Rashmi brand has a 75-year legacy. |
Risks and strategy Mitigates supply cost volatility with strategic sourcing and emphasizes innovation to stay competitive and capitalize on government projects. |
