Divyashakti Ltd
Incorporated in 1991, Divyashakti
Ltd manufactures and exports Polished
Granite Slabs & Tiles and Engineering
Stones (Quartz Slabs)[1]
- Market Cap ₹ 75.7 Cr.
- Current Price ₹ 73.7
- High / Low ₹ 98.3 / 65.0
- Stock P/E 43.5
- Book Value ₹ 121
- Dividend Yield 2.71 %
- ROCE 2.69 %
- ROE 1.88 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.61 times its book value
- Company has been maintaining a healthy dividend payout of 47.8%
Cons
- Company has a low return on equity of 4.82% over last 3 years.
- Earnings include an other income of Rs.2.73 Cr.
- Company has high debtors of 512 days.
* 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: Miscellaneous Industry: Miscellaneous
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
50.76 | 60.57 | 62.80 | 67.97 | 108.07 | 68.55 | 33.40 | 60.13 | 56.88 | 63.57 | 75.53 | 69.77 | 61.30 | |
43.20 | 49.51 | 53.96 | 56.74 | 93.10 | 61.93 | 28.92 | 55.05 | 46.21 | 55.12 | 69.89 | 66.81 | 59.38 | |
Operating Profit | 7.56 | 11.06 | 8.84 | 11.23 | 14.97 | 6.62 | 4.48 | 5.08 | 10.67 | 8.45 | 5.64 | 2.96 | 1.92 |
OPM % | 14.89% | 18.26% | 14.08% | 16.52% | 13.85% | 9.66% | 13.41% | 8.45% | 18.76% | 13.29% | 7.47% | 4.24% | 3.13% |
14.89 | 5.22 | 6.80 | 5.27 | 1.01 | 1.60 | 4.09 | 7.26 | 0.21 | 3.47 | 7.99 | 2.86 | 2.73 | |
Interest | 0.10 | 0.09 | 0.07 | 0.05 | 0.17 | 0.12 | 0.16 | 0.17 | 0.08 | 0.06 | 0.09 | 0.16 | 0.16 |
Depreciation | 1.01 | 1.03 | 1.05 | 1.10 | 1.13 | 0.65 | 1.59 | 2.23 | 2.35 | 2.40 | 2.52 | 2.43 | 2.42 |
Profit before tax | 21.34 | 15.16 | 14.52 | 15.35 | 14.68 | 7.45 | 6.82 | 9.94 | 8.45 | 9.46 | 11.02 | 3.23 | 2.07 |
Tax % | 26.99% | 34.76% | 35.67% | 33.94% | 35.49% | 35.30% | 24.49% | 24.85% | 25.44% | 24.52% | 28.86% | 27.86% | |
15.58 | 9.89 | 9.35 | 10.14 | 9.48 | 4.82 | 5.15 | 7.47 | 6.30 | 7.15 | 7.83 | 2.32 | 1.74 | |
EPS in Rs | 15.05 | 9.56 | 9.11 | 9.87 | 9.23 | 4.69 | 5.02 | 7.27 | 6.14 | 6.96 | 7.62 | 2.26 | 1.70 |
Dividend Payout % | 9.92% | 15.62% | 16.48% | 15.19% | 16.25% | 31.96% | 29.91% | 20.62% | 24.45% | 28.73% | 26.23% | 88.53% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 16% |
3 Years: | 7% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | -15% |
3 Years: | -28% |
TTM: | 383% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 3% |
1 Year: | 4% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 2% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.30 | 10.30 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 | 10.27 |
Reserves | 51.58 | 59.66 | 67.19 | 75.48 | 85.12 | 88.09 | 91.34 | 96.91 | 101.69 | 107.30 | 113.16 | 113.43 | 114.24 |
0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.14 | 0.05 | 0.39 | 0.27 | 4.23 | 0.08 | |
14.05 | 12.20 | 9.97 | 10.71 | 12.94 | 22.48 | 27.83 | 19.62 | 16.77 | 14.50 | 14.36 | 15.35 | 17.42 | |
Total Liabilities | 75.96 | 82.16 | 87.43 | 96.46 | 108.33 | 120.84 | 129.66 | 126.94 | 128.78 | 132.46 | 138.06 | 143.28 | 142.01 |
8.39 | 7.36 | 7.42 | 6.32 | 7.96 | 7.40 | 31.43 | 31.67 | 30.11 | 29.73 | 27.75 | 25.32 | 24.10 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.77 | 3.57 | 0.00 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
67.57 | 74.80 | 80.01 | 90.14 | 100.37 | 87.71 | 94.66 | 95.27 | 98.31 | 102.73 | 110.31 | 117.96 | 117.91 | |
Total Assets | 75.96 | 82.16 | 87.43 | 96.46 | 108.33 | 120.84 | 129.66 | 126.94 | 128.78 | 132.46 | 138.06 | 143.28 | 142.01 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9.34 | 10.46 | 14.07 | 12.12 | -8.21 | 2.51 | 17.26 | -16.44 | 10.48 | 2.43 | -9.00 | -1.53 | |
-1.11 | 1.43 | -0.35 | 3.84 | -3.43 | -24.61 | -4.64 | 3.49 | -4.64 | -4.90 | 7.12 | 1.07 | |
-1.80 | -1.85 | -1.72 | -1.86 | -1.82 | -1.87 | -1.72 | -1.85 | -1.56 | -1.20 | -2.19 | 1.95 | |
Net Cash Flow | 6.43 | 10.04 | 12.01 | 14.10 | -13.46 | -23.97 | 10.90 | -14.79 | 4.28 | -3.68 | -4.07 | 1.49 |
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 | 230.68 | 180.48 | 164.54 | 151.54 | 149.96 | 273.79 | 487.72 | 432.56 | 443.54 | 386.70 | 450.05 | 511.64 |
Inventory Days | 173.58 | 136.63 | 83.33 | 64.22 | 59.94 | 93.25 | 423.22 | 100.94 | 89.50 | 121.05 | 52.25 | 50.23 |
Days Payable | 61.47 | 43.48 | 37.61 | 33.02 | 49.25 | 134.13 | 508.27 | 126.79 | 128.79 | 97.41 | 75.13 | 69.66 |
Cash Conversion Cycle | 342.79 | 273.63 | 210.26 | 182.74 | 160.65 | 232.91 | 402.67 | 406.72 | 404.26 | 410.34 | 427.17 | 492.20 |
Working Capital Days | 226.29 | 191.27 | 162.16 | 141.07 | 154.55 | 258.93 | 407.51 | 389.58 | 405.43 | 405.08 | 434.88 | 500.50 |
ROCE % | 19.94% | 23.13% | 19.79% | 18.87% | 16.29% | 7.71% | 6.94% | 9.67% | 7.78% | 8.25% | 9.19% | 2.69% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Newspaper Publication of un-Audited Financials Statements of the Company for the quarter ended 30th September 2024
-
Results-Financial Result For September 30, 2024
6 Nov - Submission of unaudited financial results for Q2 2024.
-
Board Meeting Outcome for Board Meeting Outcome For Approval Of Un-Audited Financials Results For The Quarter Ended 30Th September 2024
6 Nov - Approved unaudited quarterly financial results for Q2 2024.
-
Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th September 2024
25 Oct - Board meeting to approve unaudited financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Oct
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company is a part of Divyashakti Group.
It manufactures and exports polished granite
slabs, tiles, monuments, and Quartz Slabs
in a wide spectrum of colors, textures
and finish