Digjam Ltd
Incorporated in 1948, Digjam Ltd trades in all kinds of textiles and manufactures high quality woolen/ worsted fabrics[1]
- Market Cap ₹ 97.2 Cr.
- Current Price ₹ 48.6
- High / Low ₹ 94.0 / 31.4
- Stock P/E 88.4
- Book Value ₹ 2.31
- Dividend Yield 0.00 %
- ROCE 5.04 %
- ROE 18.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 387 to 125 days.
Cons
- Stock is trading at 21.0 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -15.7% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.57 Cr.
- Working capital days have increased from -295 days to 1,043 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 132.47 | 94.73 | 97.33 | 59.01 | 9.21 | 0.81 | 6.08 | 30.37 | 31.94 | 2.42 | 17.57 | 29.62 | |
| 134.43 | 94.51 | 102.69 | 76.05 | 36.71 | 14.80 | 18.58 | 29.78 | 36.01 | 2.60 | 14.44 | 26.43 | |
| Operating Profit | -1.96 | 0.22 | -5.36 | -17.04 | -27.50 | -13.99 | -12.50 | 0.59 | -4.07 | -0.18 | 3.13 | 3.19 |
| OPM % | -1.48% | 0.23% | -5.51% | -28.88% | -298.59% | -1,727.16% | -205.59% | 1.94% | -12.74% | -7.44% | 17.81% | 10.77% |
| 3.71 | 0.68 | 0.11 | 1.03 | 1.08 | 0.08 | 24.10 | 4.82 | -3.01 | -8.56 | -12.38 | 3.57 | |
| Interest | 12.35 | 8.59 | 13.52 | 14.14 | 15.31 | 1.13 | 0.24 | 1.98 | 4.11 | 3.32 | 1.34 | 2.35 |
| Depreciation | 4.04 | 2.17 | 2.83 | 2.75 | 2.64 | 2.55 | 2.42 | 2.25 | 1.02 | 0.00 | 0.02 | 0.02 |
| Profit before tax | -14.64 | -9.86 | -21.60 | -32.90 | -44.37 | -17.59 | 8.94 | 1.18 | -12.21 | -12.06 | -10.61 | 4.39 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -14.64 | -9.86 | -21.60 | -32.90 | -44.36 | -17.59 | 8.94 | 1.18 | -12.21 | -12.06 | -10.60 | 4.39 | |
| EPS in Rs | -2.46 | -3.75 | -5.06 | -2.01 | 4.47 | 0.59 | -6.10 | -6.03 | -5.30 | 2.19 | ||
| Dividend Payout % | 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: | -18% |
| 5 Years: | 85% |
| 3 Years: | -17% |
| TTM: | 92% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 38% |
| TTM: | 228% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | -25% |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | -33% |
| 5 Years: | -22% |
| 3 Years: | -16% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 87.66 | 0.00 | 87.64 | 87.64 | 87.64 | 87.64 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Reserves | -90.59 | 129.08 | 16.77 | -15.34 | -58.68 | -76.12 | 18.46 | 19.95 | 8.07 | -4.16 | -14.60 | -15.38 |
| 57.18 | 53.16 | 82.53 | 92.99 | 100.24 | 102.74 | 74.94 | 83.93 | 73.32 | 50.84 | 59.14 | 58.35 | |
| 46.51 | 46.51 | 48.57 | 53.38 | 71.76 | 79.71 | 19.45 | 22.27 | 41.66 | 18.72 | 16.33 | 18.19 | |
| Total Liabilities | 100.76 | 228.75 | 235.51 | 218.67 | 200.96 | 193.97 | 132.85 | 146.15 | 143.05 | 85.40 | 80.87 | 81.16 |
| 32.83 | 178.38 | 176.38 | 173.63 | 170.84 | 168.20 | 119.85 | 117.52 | 59.50 | 58.96 | 0.23 | 0.20 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 67.93 | 50.37 | 59.13 | 45.04 | 30.12 | 25.77 | 13.00 | 28.61 | 83.55 | 26.44 | 80.64 | 80.96 | |
| Total Assets | 100.76 | 228.75 | 235.51 | 218.67 | 200.96 | 193.97 | 132.85 | 146.15 | 143.05 | 85.40 | 80.87 | 81.16 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.88 | 10.36 | -14.70 | -5.06 | -9.37 | -4.95 | 9.83 | -5.64 | 14.61 | -4.62 | -18.76 | |
| 0.20 | 1.11 | -0.43 | 6.74 | 17.05 | 1.09 | -22.65 | 4.29 | -0.21 | 36.31 | 7.39 | |
| -13.78 | -11.10 | 14.93 | -1.72 | -5.30 | 1.55 | 12.78 | 1.52 | -14.58 | -26.04 | 7.49 | |
| Net Cash Flow | 0.31 | 0.37 | -0.20 | -0.04 | 2.38 | -2.31 | -0.03 | 0.17 | -0.18 | 5.65 | -3.88 |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44.17 | 50.59 | 54.86 | 37.79 | 129.59 | 815.62 | 96.65 | 119.34 | 107.19 | 927.58 | 125.48 |
| Inventory Days | 195.74 | 249.29 | 330.14 | 406.22 | 693.80 | 12,838.73 | 941.37 | 765.35 | 547.06 | 2,634.71 | 415.43 |
| Days Payable | 185.99 | 274.67 | 282.75 | 359.78 | 992.62 | 22,966.03 | 590.81 | 352.14 | 114.04 | 669.17 | 385.71 |
| Cash Conversion Cycle | 53.92 | 25.22 | 102.26 | 84.24 | -169.23 | -9,311.68 | 447.22 | 532.55 | 540.21 | 2,893.13 | 155.19 |
| Working Capital Days | -79.46 | -140.52 | -130.39 | -412.69 | -4,353.45 | -39,154.14 | -1,590.27 | -160.81 | -371.06 | -1,558.04 | 1,042.86 |
| ROCE % | -1.07% | -3.83% | -10.66% | -19.74% | -13.52% | -13.07% | -0.90% | -4.27% | -0.21% | 5.04% |
Documents
Announcements
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Receipt Of Observation Letter With ''''No Adverse Objection'''' From The National Stock Exchange Of India Limited In Relation To The Scheme Of Arrangement Between Reid & Taylor International Private Limited And Digjam Limited And Their Respective Shareholders
9 Dec - NSE observation letter (Dec 08, 2025) on Digjam–RTIL merger; public stake falls from 25% to 5.48%.
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Receipt Of Observation Letter With ''No Adverse Objection'' From The National Stock Exchange Of India Limited In Relation To The Scheme Of Arrangement Between Reid & Taylor International Private Limited And Digjam Limited And Their Respective Shareholders
9 Dec - NSE No-objection (08-Dec-2025) for Reid & Taylor–Digjam scheme; public holding falls 25% to 5.48%; six-month validity.
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Receipt Of Observation Letter With ''''No Adverse Objection'''' From The BSE Limited In Relation To The Scheme Of Arrangement Between Reid & Taylor International Private Limited And Digjam Limited And Their Respective Shareholders
9 Dec - BSE issued 'no adverse observation' for Reid & Taylor–Digjam scheme; public holding reducing from 25% to 5.48%.
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Receipt Of Observation Letter With ''No Adverse Objection'' From The BSE Limited In Relation To The Scheme Of Arrangement Between Reid & Taylor International Private Limited And Digjam Limited And Their Respective Shareholders
9 Dec - BSE issued no-adverse-objection Dec 5, 2025 for Digjam–RTIL scheme; public holding may fall from 25% to 5.48%. (NCLT filing pending.)
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Dear Sir/Madam, Pursuant to Regulations 33 and 47 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 please ??ind enclosed a …
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Business Overview:[1]
Digjam Ltd is a part of Finquest Group. It is a textile company which manufactures and markets fabrics and ready-to-wear clothes under its own brands. Company has production facilities to convert wool tops to finished fabrics through different processes of Dyeing, Spinning, Weaving and Finishing using machinery imported from France, Germany, Switzerland and Italy. It manufactures 3000+ design-shade combinations each year in Light Wool, Polyester Wool and Woolen fabrics for the DIGJAM brand