DigiSpice Technologies Ltd

DigiSpice Technologies Ltd

₹ 30.3 -4.71%
23 Dec - close price
About

Incorporated in 2000, Digispice Technologies
Ltd is in the Information and Communication Technology business. It also undertakes development and sale of telecom related software[1]

Key Points

Business Overview:[1][2]
DTL is a part of the Spice group. It provides Technology solutions and communication platform to domestic/ international Telecom Operators and Enterprises. Company through its material subsidiary Spice Money Limited provides Financial Technologies Services through tech enabled hyper local payments network platform accessed by its authorised agents /merchants, including cash deposit, cash withdrawal, balance enquiry, bill payment services, Aadhar enabled Payment Services,
Mini ATM services, Air time recharge, POS services, railway ticketing services, Enterprise cash drop services and other related services.
It has partnered with diverse banking, NBFCs, insurance, and e-commerce players. It also offers services like PAN card registration, loans, and facilitating direct benefit transfers for various Governmental initiatives.

  • Market Cap 707 Cr.
  • Current Price 30.3
  • High / Low 52.8 / 23.2
  • Stock P/E
  • Book Value 8.86
  • Dividend Yield 0.00 %
  • ROCE -0.42 %
  • ROE 3.85 %
  • Face Value 3.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.42 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -0.96% over last 3 years.

* 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

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
29.21 27.84 34.10 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
29.17 30.06 36.86 1.51 1.37 1.84 1.22 1.35 1.48 1.81 1.66 2.24 5.83
Operating Profit 0.04 -2.22 -2.76 -1.51 -1.37 -1.84 -1.22 -1.35 -1.48 -1.81 -1.66 -2.24 -5.83
OPM % 0.14% -7.97% -8.09%
1.87 0.53 4.30 -4.88 -1.38 -2.20 5.42 -13.56 -2.54 -1.80 34.21 -1.66 -3.79
Interest 0.25 0.26 0.19 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.01 -0.00 -0.00
Depreciation 0.62 0.62 0.70 0.28 0.22 0.25 0.25 0.24 0.23 0.32 0.29 0.27 0.28
Profit before tax 1.04 -2.57 0.65 -6.67 -2.97 -4.29 3.95 -15.15 -4.25 -3.93 32.25 -4.17 -9.90
Tax % -0.00% 1.17% 87.69% -0.00% -0.00% 23.31% -0.00% -0.00% 4.24% -0.00% -0.56% -0.00% -0.00%
1.04 -2.60 0.08 -6.67 -2.97 -5.29 3.95 -15.15 -4.43 -3.93 32.43 -4.17 -9.90
EPS in Rs 0.05 -0.11 0.00 -0.29 -0.13 -0.23 0.17 -0.65 -0.19 -0.17 1.40 -0.18 -0.42
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 9m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
710 68 -0 153 155 144 157 121 111 113 -0 -0 0
664 93 19 102 167 165 161 133 124 120 6 6 12
Operating Profit 45 -25 -19 51 -12 -21 -4 -11 -13 -7 -6 -6 -12
OPM % 6% -36% 33% -8% -14% -3% -9% -11% -7%
34 32 -312 -41 -68 -37 17 -57 19 8 -4 16 27
Interest 1 0 0 -0 0 2 2 3 1 1 -0 0 0
Depreciation 8 5 6 71 7 9 9 9 8 3 1 1 1
Profit before tax 70 2 -337 -61 -88 -69 2 -81 -3 -3 -11 9 14
Tax % 11% -91% -0% -0% -0% 1% -262% -2% 42% 22% -0% -0%
63 5 -337 -61 -88 -69 8 -79 -4 -4 -11 9 14
EPS in Rs 2.63 0.20 -14.77 -2.66 -3.84 -3.04 0.35 -3.46 -0.18 -0.17 -0.47 0.38 0.63
Dividend Payout % 57% 75% -0% -0% -0% -0% 114% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: -18%
5 Years: 0%
3 Years: 48%
TTM: -440%
Stock Price CAGR
10 Years: 3%
5 Years: 48%
3 Years: -12%
1 Year: 5%
Return on Equity
10 Years: -2%
5 Years: -2%
3 Years: -1%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 71 68 68 68 54 61 61 61 61 61 62 62 62
Reserves 563 534 198 112 24 241 252 162 159 157 147 157 144
-0 0 0 0 -0 17 24 14 13 -0 12 0 0
216 11 10 6 54 48 72 70 49 52 32 23 20
Total Liabilities 850 614 276 186 133 366 409 306 282 270 253 242 226
93 72 67 21 54 42 40 33 23 25 21 12 12
CWIP 7 7 7 0 -0 4 0 -0 2 0 -0 -0 -0
Investments 194 183 95 113 9 134 136 83 83 116 116 101 101
557 352 107 52 70 186 233 190 174 129 116 129 113
Total Assets 850 614 276 186 133 366 409 306 282 270 253 242 226

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
71 -36 -10 -33 6 -11 -11 2 0 32 -21 -12
-14 73 9 37 -9 15 2 18 4 -19 -0 21
-32 -71 -0 -0 -0 10 1 -25 1 -8 12 -8
Net Cash Flow 25 -34 -1 4 -3 14 -8 -4 5 5 -9 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 33 83 -0 7 93 158 134 135 98
Inventory Days 34 -0 0 -0
Days Payable 93 36
Cash Conversion Cycle -27 83 -36 7 93 158 134 135 98
Working Capital Days 95 1,440 18 2 61 95 106 7 -49
ROCE % 12% 0% -0% 1% -4% -11% 1% -3% -2% -1% 0% -0%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.70% 73.37% 73.34% 73.19% 73.18% 73.18% 73.18% 73.18% 73.00% 72.97% 72.89% 72.74%
0.01% 0.01% 0.01% 0.02% 0.01% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00%
26.29% 26.61% 26.65% 26.80% 26.82% 26.82% 26.82% 26.82% 27.01% 26.97% 27.11% 27.26%
No. of Shareholders 31,55933,12232,85332,50632,72132,00431,40830,95330,66934,06038,15041,725

* 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

Concalls