Dynavision Ltd. – Company Report
1. Company Overview
Dynavision Ltd., established in 1973 and headquartered in Chennai, Tamil Nadu, is a diversified Indian company with a legacy of manufacturing consumer electronics and currently specializing in investment property leasing and renewable energy solutions. Originally launched as a joint sector public limited company with participation from the Tamilnadu Industrial Development Corporation Ltd. (TIDCO) and private promoters, Dynavision was best known in previous decades for its “Dyanora” brand of black & white and color televisions.
Following the closure and exit of its core electronics manufacturing business, the company shifted its operations from contract manufacturing and assembly to property leasing, most notably leasing its factory premises to Apollo Hospitals Enterprises Ltd. for a multi-speciality hospital. Dynavision has since expanded into new areas, including solar-based EPC contracts through its subsidiary Dynavision Green Solutions Limited, while actively exploring opportunities in healthcare equipment manufacturing.
- Incorporated: 1973
- Headquarters: Chennai, Tamil Nadu, India
- Registered Office: Apex Plaza, 5th Floor, No. 3, Nungambakkam High Road, Chennai – 600034
- Managing Director: Suleelal Vasu
- Auditor: M/s R. Subramanian & Co. LLP, Chennai
- Listed: BSE (Code: 517238)
- Market Capitalization (July 2025): ~₹104 crore
- Key Shareholders: Institutional and retail investors
2. Products and Services
Dynavision Ltd. operates primarily in two domains:
Leasing & Rental Business
- Factory premises leased to Apollo Hospitals for a multi-speciality hospital
- Generates recurrent rental income from long-term leasing arrangements
- Small portions of premises may be leased for ancillary activities
Solar and EPC Contracts
- Solar EPC contracts via Dynavision Green Solutions Limited
- Offers solar project development, installation, and commissioning services
- Exploring expansion into healthcare supply and related equipment manufacturing
Historic Activities
- Formerly a leading manufacturer of CTVs under “Dyanora” brand until 1994
- Assembled televisions and AV equipment for Thomson Consumer Electronics India Ltd. until 2004
3. Recent News and Financial Performance
Business Developments
- Factory assets continue to be fully leased, with rental income as a principal revenue source since 2012
- Solar EPC business operational since FY2022
- Board evaluating entry into healthcare equipment manufacturing
- No dividend declared in recent years
4. Financial Performance (FY2025)
| Metric | FY2025 Value | FY2024 Value | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹13.17 crore | ₹10.34 crore | ↑ 27.3% |
| Net Profit | ₹4.94 crore | ₹6.52 crore | ↓ -24.2% |
| Operating Profit Margin | ~80% | ~81% | Stable |
| EPS | ₹12.86 | ₹16.96 | ↓ |
| ROE | 23.8% | — | — |
| Debt | Nil | Nil | — |
| Dividend | Not declared | Not declared | — |