Dollex Agrotech Ltd
₹ 36.9
1.79%
30 Aug
- close price
About
Incorporated in 2013, Dollex Agrotech Limited is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities.[1]
Key Points
- Market Cap ₹ 92.1 Cr.
- Current Price ₹ 36.9
- High / Low ₹ 57.9 / 32.2
- Stock P/E 13.1
- Book Value ₹ 23.2
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 60.0% CAGR over last 5 years
- Debtor days have improved from 69.5 to 51.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
* 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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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 18 | 25 | 77 | 79 | 110 | 135 | |
| 17 | 21 | 70 | 71 | 98 | 122 | |
| Operating Profit | 2 | 4 | 7 | 9 | 13 | 14 |
| OPM % | 9% | 18% | 9% | 11% | 12% | 10% |
| 0 | 1 | 1 | 0 | 0 | 0 | |
| Interest | 0 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 0 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 1 | 1 | 3 | 4 | 8 | 8 |
| Tax % | 46% | 55% | 36% | 23% | 23% | 14% |
| 1 | 1 | 2 | 3 | 6 | 7 | |
| EPS in Rs | 1.34 | 0.58 | 0.84 | 1.64 | 2.44 | 2.81 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 21% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 66% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 15% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 10 | 20 | 20 | 25 | 25 |
| Reserves | 1 | 2 | 3 | 6 | 25 | 33 |
| 9 | 52 | 50 | 45 | 43 | 101 | |
| 56 | 25 | 32 | 42 | 75 | 112 | |
| Total Liabilities | 71 | 89 | 105 | 114 | 168 | 271 |
| 28 | 46 | 44 | 39 | 35 | 32 | |
| CWIP | 11 | -0 | 1 | 1 | 1 | 8 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 |
| 32 | 43 | 60 | 73 | 133 | 231 | |
| Total Assets | 71 | 89 | 105 | 114 | 168 | 271 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -9 | 0 | 10 | -20 | -43 | ||
| -8 | -2 | 3 | 3 | -7 | ||
| 15 | 6 | -10 | 13 | 59 | ||
| Net Cash Flow | -2 | 4 | 3 | -5 | 9 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | -0 | 16 | 23 | 94 | 63 | |
| Inventory Days | 641 | 649 | ||||
| Days Payable | 436 | 557 | ||||
| Cash Conversion Cycle | -0 | 16 | 227 | 186 | 63 | |
| Working Capital Days | -32 | 202 | 115 | 97 | 156 | |
| ROCE % | 8% | 7% | 10% | 13% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
5 July 2024 - Non-Applicability of Regulation 27(2) as per Regulation 15 of Chapter IV of SEBI (LODR) Regulations, 2015 for the Quarter ended 31st March 2024.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
5 July 2024 - Dollex Agrotech Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Updates
30 May 2024 - Dollex Agrotech Limited has informed regarding 'Non Applicability of Regulation 23 (9) as per Regulation 15 of Chapter IV of SEBI (LODR) Regulations, 2015 for …
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 May 2024 - DOLLEX AGROTECH LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Outcome of Board Meeting
30 May 2024 - Dollex Agrotech Limited has informed regarding Board meeting held on May 30, 2024.
Business Area[1] Dollex Agrotech Ltd. (DAL) manufactures & trades sugar. It has received in-principle approval from the Department of Food & public distribution from the Government of India for establishing distilleries of 200 KLPD capacity. In addition to sugar, it also produces and sells its byproducts such as molasses, press mud, and bagasse. The bagasse is used to generate power. Further, the company is into captive power generation with a capacity of 3 MW for its own use to run its plant at Datia.