Docmode Health Technologies Ltd
Incorporated in 2017, Docmode Health Technologies Ltd is in the business of
offering integrated learning solutions
through online and offline learning
models for healthcare professionals[1]
- Market Cap ₹ 29.2 Cr.
- Current Price ₹ 93.0
- High / Low ₹ 288 / 80.5
- Stock P/E
- Book Value ₹ 31.3
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 2.75 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
- Debtor days have improved from 92.2 to 72.3 days.
- Company's working capital requirements have reduced from 95.3 days to 55.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoters have pledged 61.2% of their holding.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 6.94 | 7.10 | 12.42 | 32.88 | 39.93 | 36.82 | |
| 6.55 | 6.23 | 10.53 | 29.14 | 38.05 | 37.77 | |
| Operating Profit | 0.39 | 0.87 | 1.89 | 3.74 | 1.88 | -0.95 |
| OPM % | 5.62% | 12.25% | 15.22% | 11.37% | 4.71% | -2.58% |
| 0.00 | 0.00 | 0.01 | 0.10 | 0.14 | 0.91 | |
| Interest | 0.01 | 0.19 | 0.38 | 1.13 | 1.66 | 1.91 |
| Depreciation | 0.05 | 0.04 | 0.02 | 0.02 | 0.02 | 0.15 |
| Profit before tax | 0.33 | 0.64 | 1.50 | 2.69 | 0.34 | -2.10 |
| Tax % | -6.06% | 14.06% | 38.67% | 27.51% | 44.12% | |
| 0.34 | 0.55 | 0.92 | 1.95 | 0.19 | -1.69 | |
| EPS in Rs | 8.50 | 0.60 | -5.37 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -30% |
| TTM: | -186% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.29 | 3.14 | 3.14 |
| Reserves | -0.10 | 0.46 | 1.38 | 1.18 | 7.23 | 6.71 |
| 0.02 | 1.06 | 4.84 | 8.48 | 9.18 | 9.45 | |
| 1.96 | 4.14 | 3.85 | 5.06 | 6.85 | 6.80 | |
| Total Liabilities | 1.89 | 5.67 | 10.08 | 17.01 | 26.40 | 26.10 |
| 0.15 | 0.16 | 0.50 | 2.07 | 0.97 | 11.17 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 8.50 | 0.00 |
| Investments | 0.00 | 0.10 | 1.25 | 1.20 | 1.26 | 1.36 |
| 1.74 | 5.41 | 8.33 | 13.74 | 15.67 | 13.57 | |
| Total Assets | 1.89 | 5.67 | 10.08 | 17.01 | 26.40 | 26.10 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.17 | -0.50 | -2.05 | -0.83 | 4.51 | |
| -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 | 2.72 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 0.53 | 69.92 | 112.26 | 92.03 | 72.31 |
| Inventory Days | 120.77 | 668.83 | 501.37 | 315.91 | |
| Days Payable | 60.38 | 511.82 | 322.88 | 351.16 | |
| Cash Conversion Cycle | 60.91 | 226.93 | 290.75 | 92.03 | 37.06 |
| Working Capital Days | -22.62 | 50.89 | 135.48 | 95.14 | 55.39 |
| ROCE % | 113.70% | 48.45% | 42.02% | 12.70% |
Documents
Announcements
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Outcome of Board Meeting
18 December 2024 - Docmode Health Technologies Limited has informed regarding Outcome of Board Meeting held on November 14, 2024.
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Outcome of Board Meeting
11 December 2024 - Docmode Health Technologies Limited has informed regarding Outcome of Board Meeting held on December 11, 2024.
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Outcome of Board Meeting
2 December 2024 - Docmode Health Technologies Limited has informed regarding Outcome of Board Meeting held on November 14, 2024.
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Clarification - Financial Results
22 November 2024 - Exchange has sought clarification from Docmode Health Technologies Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Financial Result Updates
19 November 2024 - Docmode Health Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
Business Overview:[1]
DocMode is a healthcare technology company providing integrated learning solutions, cutting-edge practice tools, and comprehensive research platforms. DocMode's comprehensive product suite includes the DocMode LERN platform, which provides an online learning environment with resources and networking for 3.50 Lac+ healtcare professionals. Under this platform, company offers certification programs, national and international speaker programs, live inter active case-based quiz programs, and the Gapsule platform to bridge knowledge
gaps between the pharmaceutical industry, medical practitioners, and healthcare providers