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 169
  • Book Value 66.9
  • Dividend Yield 0.00 %
  • ROCE 8.22 %
  • ROE 7.11 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 69.7 to 55.0 days.
  • Company's median sales growth is 18.0% of last 10 years

Cons

  • Stock is trading at 25.4 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of -3.82% over last 3 years.
  • Earnings include an other income of Rs.4.82 Cr.
  • Working capital days have increased from 55.7 days to 82.6 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: Electronics Industry: Electronics - Components

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
12.20 11.00 16.71 10.20 23.57 35.21 29.90 28.59 30.52 28.72 33.75 37.35 37.99
13.95 14.41 16.07 11.56 21.71 31.02 28.50 27.51 28.11 27.72 32.37 34.88 34.59
Operating Profit -1.75 -3.41 0.64 -1.36 1.86 4.19 1.40 1.08 2.41 1.00 1.38 2.47 3.40
OPM % -14.34% -31.00% 3.83% -13.33% 7.89% 11.90% 4.68% 3.78% 7.90% 3.48% 4.09% 6.61% 8.95%
0.34 0.26 0.31 0.25 0.43 0.35 0.39 0.30 0.28 0.29 3.86 0.40 0.27
Interest 0.03 0.09 0.32 0.12 0.16 0.26 0.37 0.34 0.40 0.44 0.45 0.68 0.80
Depreciation 0.46 0.45 1.89 0.72 1.01 1.08 1.12 1.03 1.16 1.03 0.89 1.03 1.10
Profit before tax -1.90 -3.69 -1.26 -1.95 1.12 3.20 0.30 0.01 1.13 -0.18 3.90 1.16 1.77
Tax % -25.26% -31.17% 9.52% -27.69% 33.93% 24.69% 143.33% 800.00% -58.41% 322.22% 17.95% 25.00% 29.94%
-1.42 -2.54 -1.38 -1.41 0.74 2.41 -0.13 -0.08 1.79 -0.75 3.20 0.86 1.24
EPS in Rs -3.43 -5.80 -3.64 -3.40 0.81 4.29 -0.84 -1.27 3.86 -0.65 9.12 2.24 2.99
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
8 9 12 13 11 11 13 20 55 55 99 122 138
8 10 10 11 10 9 12 18 55 59 93 115 130
Operating Profit -0 -0 2 2 1 2 1 1 -1 -4 6 6 8
OPM % -4% -4% 18% 13% 9% 15% 9% 8% -1% -8% 6% 5% 6%
1 1 0 1 2 1 1 1 1 1 2 5 5
Interest 0 0 0 0 0 0 0 0 0 1 1 2 2
Depreciation 0 0 0 0 0 0 0 0 1 3 4 4 4
Profit before tax 0 0 2 3 3 3 2 2 -1 -7 3 5 7
Tax % 325% -39% 34% 36% 29% 32% 176% 28% -20% -22% 40% 15%
-0 0 1 2 2 2 -2 1 -1 -5 2 4 5
EPS in Rs -0.48 1.24 3.68 4.54 5.05 5.11 -4.22 3.88 -1.32 -12.22 0.84 11.06 13.70
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 29%
5 Years: 56%
3 Years: 31%
TTM: 11%
Compounded Profit Growth
10 Years: 13%
5 Years: 25%
3 Years: 74%
TTM: 74%
Stock Price CAGR
10 Years: 59%
5 Years: 100%
3 Years: 96%
1 Year: 23%
Return on Equity
10 Years: 2%
5 Years: -1%
3 Years: -4%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 15 15 17 19 20 21 21 22 22 19 18 19 21
3 0 0 0 0 0 0 0 0 3 9 12 32
2 2 0 0 1 1 1 5 30 41 49 54 46
Total Liabilities 23 21 21 23 25 26 26 31 56 67 80 89 102
2 2 1 1 1 1 1 1 12 24 29 30 39
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 3 0 0 0 0 0 0 0
21 18 20 21 24 22 25 30 44 43 51 59 64
Total Assets 23 21 21 23 25 26 26 31 56 67 80 89 102

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
5 2 3 0 2 -1 -4 12 8 -0 6
-0 -0 -0 -0 -0 -0 -5 -14 -9 -9 -9
-3 -0 0 0 0 0 0 0 0 7 4
Net Cash Flow 2 2 2 0 2 -1 -9 -2 -1 -2 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 308 99 81 78 172 71 149 263 104 93 61 55
Inventory Days 111 165 122 121 188 123 97 97 125 132 83 130
Days Payable 133 122 25 20 105 68 26 224 190 186 71 80
Cash Conversion Cycle 286 142 178 179 255 127 220 137 40 39 73 105
Working Capital Days 330 119 101 99 185 81 156 295 86 27 58 83
ROCE % 1% 2% 16% 12% 9% 12% 8% 8% -3% -20% 11% 8%

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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