Docmode Health Technologies Ltd
Founded in 2017, Docmode Health Technologies Limited provides integrated learning solutions for healthcare professionals and learners through online and offline learning models.[1]
- Market Cap ₹ 34.6 Cr.
- Current Price ₹ 110
- High / Low ₹ 288 / 110
- Stock P/E 182
- Book Value ₹ 33.0
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 5.46 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.7%
- Company's working capital requirements have reduced from 103 days to 78.2 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
* 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: Education Industry: Miscellaneous
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 6.94 | 7.09 | 12.42 | 32.88 | 40.01 | |
| 6.55 | 6.22 | 10.52 | 29.14 | 38.13 | |
| Operating Profit | 0.39 | 0.87 | 1.90 | 3.74 | 1.88 |
| OPM % | 5.62% | 12.27% | 15.30% | 11.37% | 4.70% |
| 0.00 | 0.00 | 0.01 | 0.10 | 0.14 | |
| Interest | 0.01 | 0.19 | 0.38 | 1.13 | 1.65 |
| Depreciation | 0.05 | 0.04 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.33 | 0.64 | 1.51 | 2.69 | 0.35 |
| Tax % | -6.06% | 14.06% | 38.41% | 27.88% | 42.86% |
| 0.34 | 0.55 | 0.92 | 1.95 | 0.19 | |
| EPS in Rs | 8.50 | 0.60 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -30% |
| TTM: | -90% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.29 | 3.14 |
| Reserves | -0.10 | 0.46 | 1.38 | 1.19 | 7.24 |
| 0.02 | 1.06 | 4.84 | 8.48 | 9.18 | |
| 1.96 | 4.14 | 3.86 | 5.05 | 7.06 | |
| Total Liabilities | 1.89 | 5.67 | 10.09 | 17.01 | 26.62 |
| 0.05 | 0.03 | 0.06 | 0.05 | 9.47 | |
| CWIP | 0.10 | 0.12 | 0.44 | 2.03 | 0.00 |
| Investments | 0.00 | 0.10 | 1.25 | 1.20 | 1.26 |
| 1.74 | 5.42 | 8.34 | 13.73 | 15.89 | |
| Total Assets | 1.89 | 5.67 | 10.09 | 17.01 | 26.62 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.17 | -0.50 | -2.05 | -0.83 | 4.49 | |
| -0.20 | -0.13 | -1.52 | -1.57 | -7.55 | |
| 0.01 | 0.84 | 3.41 | 2.65 | 5.76 | |
| Net Cash Flow | -0.03 | 0.21 | -0.17 | 0.25 | 2.70 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 0.53 | 70.01 | 112.26 | 92.03 | |
| Inventory Days | 120.77 | 668.83 | 588.71 | ||
| Days Payable | 60.38 | 511.82 | 379.13 | ||
| Cash Conversion Cycle | 60.91 | 227.03 | 321.84 | 92.03 | |
| Working Capital Days | -22.62 | 50.97 | 135.48 | 95.14 | |
| ROCE % | 113.70% | 48.71% | 42.00% |
Documents
Announcements
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Appointment
22 July 2024 - Docmode Health Technologies Limited has informed regarding Appointment of Mr Nikhil Vinod Pandya as Non- Executive Independent Director of the company w.e.f. July 22, 2024.
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Outcome of Board Meeting
22 July 2024 - Docmode Health Technologies Limited has informed regarding Board meeting held on July 22, 2024.
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Updates
9 July 2024 - Docmode Health Technologies Limited has informed regarding 'Non-applicability of Corporate Governance Report.'.
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Updates
8 July 2024 - Docmode Health Technologies Limited has informed regarding 'Reconciliation of Share Capital Audit Report under Regulation 76 of SEBI(Depositories and Participants) Regulations, 2018.'.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 July 2024 - Docmode Health Technologies Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Annual reports
No data available.
Business Profile[1] The company's offline learning modules include conferences and workshops, while the online modules include courses developed by the company's content development team or by medical institutions, medical associations (medical professional organizations) and experts/opinion leaders.