Dhanlaxmi Cotex Ltd
Incorporated in Dhanlaxmi Cotex Ltd is in the business of investment and trading
in Securities[1]
- Market Cap ₹ 44.9 Cr.
- Current Price ₹ 92.1
- High / Low ₹ 100 / 50.0
- Stock P/E 16.2
- Book Value ₹ 147
- Dividend Yield 0.00 %
- ROCE 5.68 %
- ROE 4.78 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.63 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.32% over last 3 years.
- Earnings include an other income of Rs.2.79 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
48.04 | 36.56 | 32.18 | 24.50 | 14.70 | 30.18 | 5.85 | 9.88 | 6.88 | 22.24 | 25.32 | 26.41 | 24.18 | |
46.40 | 34.61 | 30.48 | 24.98 | 13.85 | 30.36 | 5.43 | 6.23 | 6.45 | 18.33 | 24.84 | 25.19 | 23.38 | |
Operating Profit | 1.64 | 1.95 | 1.70 | -0.48 | 0.85 | -0.18 | 0.42 | 3.65 | 0.43 | 3.91 | 0.48 | 1.22 | 0.80 |
OPM % | 3.41% | 5.33% | 5.28% | -1.96% | 5.78% | -0.60% | 7.18% | 36.94% | 6.25% | 17.58% | 1.90% | 4.62% | 3.31% |
0.17 | -0.00 | -0.00 | 0.89 | -0.00 | 1.62 | 0.05 | -0.00 | -0.13 | -0.00 | -0.01 | 2.31 | 2.79 | |
Interest | -0.00 | -0.00 | -0.00 | 0.18 | 0.43 | 0.37 | 0.05 | -0.00 | 0.02 | -0.00 | 0.01 | -0.00 | 0.00 |
Depreciation | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.04 | 0.11 | 0.09 | 0.07 |
Profit before tax | 1.80 | 1.95 | 1.70 | 0.23 | 0.42 | 1.07 | 0.42 | 3.65 | 0.28 | 3.87 | 0.35 | 3.44 | 3.52 |
Tax % | 18.33% | 18.97% | 22.94% | 8.70% | 11.90% | 15.89% | 11.90% | 9.86% | -0.00% | 14.21% | 34.29% | 16.28% | |
1.48 | 1.57 | 1.31 | 0.21 | 0.37 | 0.89 | 0.37 | 3.29 | 0.28 | 3.31 | 0.24 | 2.89 | 2.77 | |
EPS in Rs | 3.04 | 3.22 | 2.69 | 0.43 | 0.76 | 1.83 | 0.76 | 6.75 | 0.57 | 6.79 | 0.49 | 5.93 | 5.69 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 35% |
3 Years: | 57% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 51% |
3 Years: | 89% |
TTM: | 150% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 38% |
3 Years: | 98% |
1 Year: | 0% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 |
Reserves | 22.88 | 24.46 | 25.76 | 25.97 | 30.27 | 31.40 | 31.24 | 17.44 | 30.98 | 41.38 | 44.51 | 66.78 |
4.97 | 5.45 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.25 | -0.00 | -0.00 | -0.00 | -0.00 | |
0.24 | 0.10 | 0.08 | 0.08 | 0.08 | 0.35 | 0.08 | 0.16 | 0.07 | 0.27 | 0.75 | 0.15 | |
Total Liabilities | 32.96 | 34.88 | 30.71 | 30.92 | 35.22 | 36.62 | 36.19 | 22.72 | 35.92 | 46.52 | 50.13 | 71.80 |
0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.78 | 0.73 | 0.21 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 6.48 | 6.01 | 6.53 | 5.97 | 12.63 | 16.16 | 17.39 | 9.95 | 12.58 | 15.58 | 16.48 | 37.80 |
26.47 | 28.86 | 24.18 | 24.95 | 22.59 | 20.46 | 18.80 | 12.77 | 23.34 | 30.16 | 32.92 | 33.79 | |
Total Assets | 32.96 | 34.88 | 30.71 | 30.92 | 35.22 | 36.62 | 36.19 | 22.72 | 35.92 | 46.52 | 50.13 | 71.80 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.69 | -3.01 | -2.28 | -4.13 | 6.71 | -5.62 | 0.72 | -9.21 | -3.11 | -6.13 | -3.68 | 13.99 | |
2.07 | 3.61 | 2.28 | 4.11 | -1.70 | -0.29 | -0.81 | 8.75 | 4.84 | 6.22 | 4.23 | -15.76 | |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.02 | -0.00 | -0.00 | -0.00 | |
Net Cash Flow | -0.62 | 0.60 | -0.00 | -0.01 | 5.00 | -5.91 | -0.09 | -0.45 | 1.71 | 0.10 | 0.56 | -1.77 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2.20 | 64.39 | 70.21 | 14.90 | 24.58 | 3.02 | 8.11 | -0.00 | -0.00 | -0.00 | -0.00 | 11.33 |
Inventory Days | 102.01 | 52.81 | 122.72 | 304.04 | 401.01 | 178.98 | 1,426.23 | 444.04 | 960.91 | 546.09 | 471.69 | 428.56 |
Days Payable | 1.28 | -0.00 | -0.00 | -0.00 | -0.00 | 2.68 | -0.00 | 0.72 | -0.00 | 5.63 | 11.07 | 2.05 |
Cash Conversion Cycle | 102.93 | 117.21 | 192.93 | 318.94 | 425.59 | 179.32 | 1,434.34 | 443.32 | 960.91 | 540.46 | 460.62 | 437.85 |
Working Capital Days | 169.05 | 246.00 | 243.64 | 313.90 | 392.31 | 233.42 | 1,113.72 | 224.98 | 806.40 | 413.74 | 425.83 | 707.89 |
ROCE % | 4.96% | 5.78% | 5.20% | 1.33% | 2.58% | 4.03% | 1.30% | 12.44% | 1.61% | 9.43% | 0.77% | 5.68% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14h - Submission of Publication made by the Company for Pre-AGM Newspaper Cutting of 38th AGM under Regulation 30 & 47 of SEBI (LODR), 2015.
- Reply To Clarification On Price Movement Sought By BSE Limited Dated 28.08.2024. 2d
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Clarification Sought from Dhanlaxmi Cotex Ltd
28 Aug - Exchange has sought clarification from Dhanlaxmi Cotex Ltd on August 28, 2024, with reference to significant movement in price, in order to ensure that investors …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug - Submission of Newspaper cutting in connection with the publication made by the company for Standalone Unaudited Financial Results for the quarter ended 30.06.2024.
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Outcome Of Board Meeting
13 Aug - Outcome of Board meeting held on 13.08.2024 at its registered office at 03.00 p.m. concluded at 04.20 p.m. the Board considered and approved the Unaudited …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is promoted by Dhanlaxmi Group which has experience in textiles & investments. It has its own weaving unit, yarn dyeing & a process house. Group used to lend money to companies as intercorporate deposits, bills
discounting, promoters funding & equity investments in primary & secondary markets. It diversified into stock broking and acquired membership of BSE & NSE