Digidrive Distributors Ltd

Digidrive Distributors Ltd

₹ 32.6 -1.98%
22 Jul 4:01 p.m.
About

Digidrive Distributors Limited was incorporated to create a specialised master distributor for retailing goods on all digital marketplaces. Carvaan, supplied by Saregama India Limited, is one of the key products in its bouquet. The Company intends to sell a suite of products using the online channel, in the B2B segment. The Company is a specialised master distributor for retailing goods on all digital marketplaces. The registered office of the Company is located in Kolkata, West Bengal.

  • Market Cap 125 Cr.
  • Current Price 32.6
  • High / Low 125 / 30.8
  • Stock P/E 28.7
  • Book Value 58.3
  • Dividend Yield 0.00 %
  • ROCE 3.74 %
  • ROE 2.71 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.56 times its book value
  • Company's working capital requirements have reduced from 141 days to 91.8 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.7.24 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Sep 2023 Dec 2023 Mar 2024
8.22 6.51 8.57 9.54 7.42
8.08 6.42 8.88 9.56 8.42
Operating Profit 0.14 0.09 -0.31 -0.02 -1.00
OPM % 1.70% 1.38% -3.62% -0.21% -13.48%
0.00 6.95 0.00 0.08 7.16
Interest 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.14 7.04 -0.31 0.06 6.16
Tax % 14.29% 23.15% 0.00% 0.00% 26.95%
0.12 5.41 -0.31 0.06 4.50
EPS in Rs -0.08 0.02 1.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Mar 2024
28.22 31.90
27.78 33.14
Operating Profit 0.44 -1.24
OPM % 1.56% -3.89%
6.95 7.24
Interest 0.00 0.00
Depreciation 0.00 0.00
Profit before tax 7.39 6.00
Tax % 22.73% 27.67%
5.71 4.34
EPS in Rs 1.13
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -24%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Mar 2024
Equity Capital 0.00 38.56
Reserves 95.75 186.19
0.00 0.47
46.05 21.77
Total Liabilities 141.80 246.99
0.00 0.00
CWIP 0.00 0.00
Investments 122.06 220.95
19.74 26.04
Total Assets 141.80 246.99

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Mar 2024
-6.95 6.64
11.95 -2.91
0.00 0.00
Net Cash Flow 5.00 3.73

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Mar 2024
Debtor Days 29.10 37.53
Inventory Days 55.19 50.73
Days Payable 0.00 36.29
Cash Conversion Cycle 84.30 51.97
Working Capital Days 190.65 91.76
ROCE % 3.74%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024
58.83% 58.83% 58.83%
17.65% 5.21% 3.62%
2.22% 1.07% 1.29%
21.06% 34.64% 36.02%
0.24% 0.24% 0.24%
No. of Shareholders 63,40949,69345,509

* 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.

Documents