Danlaw Technologies India Ltd

Danlaw Technologies India Ltd

₹ 1,698 -2.87%
21 Nov - close price
About

Incorporated in 1992, Danlaw Technologies India Ltd is in the business of providing engineering and software development consulting services, Industrial electronics[1]

Key Points

Business Overview:[1]
DTIL is an ISO 9001:2015 and IATF 16949-certified developer of technologies for connected car and automotive electronics.
It is one of the largest suppliers of connected gadgets in the world.

  • Market Cap 827 Cr.
  • Current Price 1,698
  • High / Low 2,310 / 1,186
  • Stock P/E 40.1
  • Book Value 135
  • Dividend Yield 0.00 %
  • ROCE 40.2 %
  • ROE 47.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 135% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.6%
  • Company's median sales growth is 26.2% of last 10 years

Cons

  • Stock is trading at 12.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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: Electronics Industry: Electronics - Components

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
13.57 28.72 33.75 37.35 37.99 43.55 48.25 46.39 50.05 53.02 61.52 47.30 54.08
12.46 27.72 32.35 34.88 34.56 37.79 39.82 39.74 40.81 43.27 50.90 41.38 46.50
Operating Profit 1.11 1.00 1.40 2.47 3.43 5.76 8.43 6.65 9.24 9.75 10.62 5.92 7.58
OPM % 8.18% 3.48% 4.15% 6.61% 9.03% 13.23% 17.47% 14.33% 18.46% 18.39% 17.26% 12.52% 14.02%
0.28 0.29 3.86 0.40 0.27 0.02 0.07 0.09 0.03 0.03 0.13 0.22 0.27
Interest 0.02 0.44 0.45 0.68 0.80 0.91 0.88 0.61 0.63 0.63 0.59 0.54 0.62
Depreciation 0.60 1.03 0.90 1.04 1.13 1.20 3.74 1.22 0.92 0.93 0.93 0.94 1.33
Profit before tax 0.77 -0.18 3.91 1.15 1.77 3.67 3.88 4.91 7.72 8.22 9.23 4.66 5.90
Tax % 20.78% 322.22% 17.90% 25.22% 29.94% 24.80% 38.66% 25.46% 23.32% 26.76% 28.17% 25.75% 23.39%
0.61 -0.75 3.21 0.86 1.24 2.76 2.38 3.66 5.92 6.03 6.62 3.47 4.52
EPS in Rs 1.65 -2.02 8.66 2.32 3.34 5.67 4.89 7.51 12.15 12.38 13.59 7.12 9.28
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
9 8 9 11 11 18 26 15 28 122 167 211 216
8 9 8 9 11 17 26 19 30 115 147 175 182
Operating Profit 1 -0 0 2 1 1 0 -3 -2 6 20 36 34
OPM % 10% -5% 3% 15% 6% 6% 0% -21% -9% 5% 12% 17% 16%
1 1 1 1 1 1 1 1 1 5 1 0 1
Interest 0 0 0 0 0 0 0 0 0 2 4 3 2
Depreciation 0 0 0 0 0 0 0 2 2 4 7 4 4
Profit before tax 2 1 1 3 2 2 0 -4 -4 5 10 30 28
Tax % 32% 35% 20% 32% 222% 30% 29% -24% -27% 14% 31% 26%
1 0 1 2 -2 1 0 -3 -3 4 7 22 21
EPS in Rs 3.39 1.08 2.53 5.11 -5.27 3.02 0.84 -8.82 -7.26 11.54 14.88 45.64 42.37
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 38%
5 Years: 52%
3 Years: 96%
TTM: 15%
Compounded Profit Growth
10 Years: 50%
5 Years: 135%
3 Years: 117%
TTM: 40%
Stock Price CAGR
10 Years: 57%
5 Years: 100%
3 Years: 95%
1 Year: 23%
Return on Equity
10 Years: 11%
5 Years: 17%
3 Years: 31%
Last Year: 47%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 4 4 4 4 4 4 4 4 4 5 5 5 5
Reserves 18 19 19 21 19 20 20 17 15 23 31 53 61
0 0 0 0 0 0 0 2 1 31 38 30 37
0 0 1 1 1 5 10 16 15 31 36 45 43
Total Liabilities 22 23 24 26 24 29 35 39 34 90 110 133 146
1 1 1 1 1 1 1 8 7 30 34 31 37
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 2
Investments 3 3 3 3 3 3 16 16 16 0 0 0 0
18 18 20 22 20 25 18 16 11 61 76 102 106
Total Assets 22 23 24 26 24 29 35 39 34 90 110 133 146

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 2 0 2 -2 -4 10 4 0 -8 7 24
-0 -0 -0 -0 -0 -0 -14 -5 -2 -2 -4 -1
-0 0 0 0 0 0 0 0 0 11 0 -7
Net Cash Flow 2 2 0 2 -2 -4 -4 -0 -2 1 3 15

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 98 38 71 71 170 275 87 88 47 55 66 60
Inventory Days 115 110 188 123 97 97 54 44 22 130 116 117
Days Payable 9 10 70 68 22 220 178 196 70 68 64 65
Cash Conversion Cycle 204 138 190 127 245 152 -36 -65 -1 117 118 111
Working Capital Days 133 72 96 81 181 221 28 -135 -113 83 83 72
ROCE % 9% 3% 5% 12% 7% 7% 2% -17% -16% 8% 21% 40%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
49.92% 49.92% 49.92% 49.93% 49.93% 49.93% 49.93% 61.87% 61.87% 61.87% 61.87% 61.87%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.00% 0.02% 0.00%
1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 0.88% 0.88% 0.88% 0.88% 0.88%
48.92% 48.92% 48.92% 48.92% 48.92% 48.92% 48.93% 37.24% 37.12% 37.23% 37.21% 37.24%
No. of Shareholders 3,0523,3353,4383,6753,5843,6493,8864,1224,8875,9936,8208,942

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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