DB (International) Stock Brokers Ltd

DB (International) Stock Brokers Ltd

₹ 45.1 0.24%
26 Dec 4:01 p.m.
About

Incorporated in 1992, DB (International) Stock Brokers Ltd provides capital market services[1]

Key Points

Business Overview:[1][2]
Company is in the business of Stock Broking and provides Depository Participant services of CDSL which forms part of financial services and is also engaged as an intermediary

  • Market Cap 157 Cr.
  • Current Price 45.1
  • High / Low 67.9 / 32.2
  • Stock P/E 18.1
  • Book Value 19.9
  • Dividend Yield 0.00 %
  • ROCE 20.8 %
  • ROE 14.7 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 45.0% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 36.2%
  • Promoters have pledged 52.1% of their holding.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
6.22 6.92 8.68 6.84 6.94 10.18 5.34 10.44 9.87 13.23 14.71 12.76 12.37
3.65 3.86 5.12 3.82 4.29 7.44 3.31 7.17 6.39 7.72 10.91 9.05 9.55
Operating Profit 2.57 3.06 3.56 3.02 2.65 2.74 2.03 3.27 3.48 5.51 3.80 3.71 2.82
OPM % 41.32% 44.22% 41.01% 44.15% 38.18% 26.92% 38.01% 31.32% 35.26% 41.65% 25.83% 29.08% 22.80%
0.03 0.00 0.10 0.07 0.06 0.05 -0.05 0.00 0.01 0.00 0.00 0.00 0.00
Interest 0.12 0.22 0.13 0.17 0.15 0.21 0.23 0.26 0.46 0.67 0.95 0.83 0.61
Depreciation 0.22 0.15 0.19 0.16 0.18 0.22 0.56 0.54 0.55 0.57 0.39 0.33 0.37
Profit before tax 2.26 2.69 3.34 2.76 2.38 2.36 1.19 2.47 2.48 4.27 2.46 2.55 1.84
Tax % 21.68% 25.65% 7.49% 23.91% 28.57% 30.51% 21.85% 19.84% 27.42% 24.82% 17.07% 22.75% 21.20%
1.76 2.00 3.09 2.10 1.70 1.64 0.94 1.99 1.80 3.21 2.05 1.96 1.45
EPS in Rs 0.50 0.57 0.88 0.60 0.49 0.47 0.27 0.57 0.51 0.92 0.59 0.56 0.41
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
5.99 4.70 5.87 1.97 10.55 18.07 29.37 29.32 48.25 53.07
4.50 4.07 4.83 4.73 5.87 12.60 17.15 18.84 32.19 37.23
Operating Profit 1.49 0.63 1.04 -2.76 4.68 5.47 12.22 10.48 16.06 15.84
OPM % 24.87% 13.40% 17.72% -140.10% 44.36% 30.27% 41.61% 35.74% 33.28% 29.85%
0.00 0.00 0.01 -0.56 0.02 0.01 0.05 0.10 0.01 0.00
Interest 0.25 0.07 0.12 0.18 0.47 0.36 0.65 0.76 2.34 3.06
Depreciation 0.15 0.11 0.10 0.28 0.32 0.24 0.75 1.12 2.04 1.66
Profit before tax 1.09 0.45 0.83 -3.78 3.91 4.88 10.87 8.70 11.69 11.12
Tax % 34.86% 22.22% 32.53% -31.22% 32.23% 93.44% 20.42% 26.67% 22.58%
0.70 0.36 0.57 -2.60 2.65 0.31 8.64 6.38 9.05 8.67
EPS in Rs 0.20 0.10 0.16 -0.74 0.76 0.09 2.47 1.82 2.59 2.48
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 90%
3 Years: 39%
TTM: 48%
Compounded Profit Growth
10 Years: %
5 Years: 45%
3 Years: 208%
TTM: 36%
Stock Price CAGR
10 Years: -3%
5 Years: 39%
3 Years: 18%
1 Year: 32%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 15%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00
Reserves 33.49 33.77 34.34 31.75 34.64 34.95 43.74 50.20 59.30 62.77
0.00 0.00 0.00 0.00 0.84 1.47 2.20 7.13 4.03 4.55
10.04 2.97 5.85 12.96 17.18 18.97 44.15 40.66 59.36 87.25
Total Liabilities 50.53 43.74 47.19 51.71 59.66 62.39 97.09 104.99 129.69 161.57
0.36 0.30 3.58 0.63 0.58 1.05 1.24 4.93 5.38 5.21
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.62 0.62 0.62 0.59 1.03 0.83 10.09 1.67 0.15 5.87
49.55 42.82 42.99 50.49 58.05 60.51 85.76 98.39 124.16 150.49
Total Assets 50.53 43.74 47.19 51.71 59.66 62.39 97.09 104.99 129.69 161.57

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-15.85 -6.91 3.00 -2.74 10.39 6.09 22.38 3.89 -5.03
-0.15 7.52 -3.52 -3.19 -2.83 -12.14 -14.10 -2.58 -0.35
0.00 0.00 0.00 -0.02 0.81 0.50 -0.16 4.59 -6.30
Net Cash Flow -16.01 0.61 -0.52 -5.95 8.37 -5.56 8.13 5.90 -11.67

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 12.19 24.85 16.79 255.69 106.21 28.88 20.38 21.16 3.33
Inventory Days
Days Payable
Cash Conversion Cycle 12.19 24.85 16.79 255.69 106.21 28.88 20.38 21.16 3.33
Working Capital Days -548.41 -128.91 -115.66 -774.47 -411.71 -309.65 -463.30 -420.90 -398.06
ROCE % 1.28% 2.29% -7.59% 10.78% 12.20% 23.91% 16.13% 20.84%

Shareholding Pattern

Numbers in percentages

10 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
30.01% 30.01% 30.01% 30.01% 30.01% 34.34% 35.84% 36.12% 36.12% 36.18% 36.18% 36.18%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00%
69.99% 69.99% 69.99% 69.97% 69.97% 65.66% 64.16% 63.87% 63.87% 63.82% 63.81% 63.82%
No. of Shareholders 2,2192,2192,7602,9823,1523,4223,5014,3524,2174,8315,2465,249

* 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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