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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 532329 | NSE: DANLAW

Fundamental Analysis of Danlaw Technologies India Ltd

Share Price and Basic Stock Data

Last Updated: July 26, 2024, 6:35 pm

Market Cap 902 Cr.
Current Price 1,853
High / Low2,310/622
Stock P/E40.6
Book Value 119
Dividend Yield0.00 %
ROCE40.2 %
ROE47.4 %
Face Value 10.0
PEG Ratio0.33

Data Source: screener.in

Competitors of Danlaw Technologies India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Empower India Ltd 264 Cr. 2.273.86/0.5538.2 2.540.00 %2.38 %2.35 % 1.00
Elnet Technologies Ltd 144 Cr. 360399/2108.23 3480.56 %17.9 %13.4 % 10.0
Ekennis Software Service Ltd 14.7 Cr. 105169/80.0 35.80.00 %1.55 %0.00 % 10.0
eDynamics Solutions Ltd 8.23 Cr. 3.223.22/1.14 13.90.00 %0.06 %0.06 % 10.0
ECS Biztech Ltd 23.4 Cr. 11.414.2/5.928.32 1.040.00 %4.78 %% 10.0
Industry Average53,207.14 Cr739.7386.66116.000.63%20.68%20.43%6.77

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales5.367.2013.5728.7233.7537.3537.9943.5548.2546.3950.0553.0261.52
Expenses6.038.8012.4627.7232.3534.8834.5637.7939.8239.7440.8143.2750.90
Operating Profit-0.67-1.601.111.001.402.473.435.768.436.659.249.7510.62
OPM %-12.50%-22.22%8.18%3.48%4.15%6.61%9.03%13.23%17.47%14.33%18.46%18.39%17.26%
Other Income0.320.280.280.293.860.400.270.020.070.090.030.030.13
Interest0.030.020.020.440.450.680.800.910.880.610.630.630.59
Depreciation0.540.550.601.030.901.041.131.203.741.220.920.930.93
Profit before tax-0.92-1.890.77-0.183.911.151.773.673.884.917.728.229.23
Tax %29.35%27.51%20.78%-322.22%17.90%25.22%29.94%24.80%38.66%25.46%23.32%26.76%28.17%
Net Profit-0.66-1.370.61-0.753.210.861.242.762.383.665.926.036.62
EPS in Rs-1.78-3.701.65-2.028.662.323.345.674.897.5112.1512.3813.59

Last Updated: July 11, 2024, 8:13 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 27, 2024, 12:10 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales989111118261528122167211
Expenses89891117261930115147175
Operating Profit1-002110-3-262036
OPM %10%-5%3%15%6%6%0%-21%-9%5%12%17%
Other Income111111111510
Interest000000000242
Depreciation000000022474
Profit before tax2113220-4-451030
Tax %32%35%20%32%222%30%29%-24%-27%14%31%26%
Net Profit1012-210-3-34722
EPS in Rs3.391.082.535.11-5.273.020.84-8.82-7.2611.5414.8845.64
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142015-20162016-20172017-20182018-20192020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-100.00%100.00%-200.00%150.00%-100.00%0.00%233.33%75.00%214.29%
Change in YoY Net Profit Growth (%)0.00%200.00%-300.00%350.00%-250.00%100.00%233.33%-158.33%139.29%

Growth

Compounded Sales Growth
10 Years:38%
5 Years:52%
3 Years:96%
TTM:26%
Compounded Profit Growth
10 Years:50%
5 Years:135%
3 Years:117%
TTM:206%
Stock Price CAGR
10 Years:67%
5 Years:87%
3 Years:92%
1 Year:149%
Return on Equity
10 Years:11%
5 Years:17%
3 Years:31%
Last Year:47%

Last Updated: July 26, 2024, 1:05 pm

Balance Sheet

Last Updated: July 11, 2024, 8:13 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital444444444555
Reserves181919211920201715233153
Borrowings000000021313830
Other Liabilities001115101615313945
Total Liabilities22232426242935393490112133
Fixed Assets111111187303431
CWIP000000000000
Investments333333161616000
Other Assets1818202220251816116179102
Total Assets22232426242935393490112133

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 2202-2-41040-8724
Cash from Investing Activity -0-0-0-0-0-0-14-5-2-2-4-1
Cash from Financing Activity -000000000110-7
Net Cash Flow2202-2-4-4-0-21315

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow1.000.000.002.001.001.000.00-5.00-3.00-25.00-18.006.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days98387171170275878847556660
Inventory Days1151101881239797544422130116117
Days Payable91070682222017819670685465
Cash Conversion Cycle204138190127245152-36-65-1117128111
Working Capital Days13372968118122128-135-113838372
ROCE %9%3%5%12%7%7%2%-17%-16%8%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters49.92%49.92%49.92%49.92%49.93%49.93%49.93%49.93%61.87%61.87%61.87%61.87%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.12%0.00%0.02%
Government1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%0.88%0.88%0.88%0.88%
Public48.92%48.92%48.92%48.92%48.92%48.92%48.92%48.93%37.24%37.12%37.23%37.21%
No. of Shareholders2,9123,0523,3353,4383,6753,5843,6493,8864,1224,8875,9936,820

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)11.070.84-12.23-1.313.87
Diluted EPS (Rs.)11.070.84-12.23-1.313.86
Cash EPS (Rs.)22.3114.93-5.390.564.38
Book Value[Excl.RevalReserv]/Share (Rs.)77.0674.6471.6784.0770.37
Book Value[Incl.RevalReserv]/Share (Rs.)77.0674.6471.6784.0770.37
Revenue From Operations / Share (Rs.)327.93266.70147.94147.9852.81
PBDIT / Share (Rs.)28.5920.23-8.150.015.93
PBIT / Share (Rs.)17.509.60-16.79-3.025.43
PBT / Share (Rs.)13.127.18-17.97-3.085.41
Net Profit / Share (Rs.)11.224.31-14.04-2.463.87
NP After MI And SOA / Share (Rs.)11.070.83-12.23-1.313.87
PBDIT Margin (%)8.717.58-5.500.0011.23
PBIT Margin (%)5.333.60-11.35-2.0410.27
PBT Margin (%)4.002.69-12.14-2.0710.24
Net Profit Margin (%)3.421.61-9.48-1.667.33
NP After MI And SOA Margin (%)3.370.31-8.26-0.887.33
Return on Networth / Equity (%)17.941.40-20.41-1.865.50
Return on Capital Employeed (%)11.197.66-16.92-3.167.71
Return On Assets (%)4.620.38-6.78-0.864.58
Long Term Debt / Equity (X)0.180.080.000.000.00
Total Debt / Equity (X)0.470.300.000.000.00
Asset Turnover Ratio (%)0.910.550.320.780.66
Current Ratio (X)1.811.391.251.925.70
Quick Ratio (X)0.880.950.891.445.35
Inventory Turnover Ratio (X)4.653.081.097.005.37
Interest Coverage Ratio (X)6.528.35-6.920.09350.15
Interest Coverage Ratio (Post Tax) (X)3.562.78-10.91-43.07229.58
Enterprise Value (Cr.)74.29110.428.4432.4317.12
EV / Net Operating Revenue (X)0.611.120.150.590.87
EV / EBITDA (X)7.0114.72-2.7916299.717.78
MarketCap / Net Operating Revenue (X)0.501.020.170.621.33
Price / BV (X)2.704.590.431.310.99
Price / Net Operating Revenue (X)0.501.020.170.621.33
EarningsYield0.060.00-0.47-0.010.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 2,335.89

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 26.06% compared to the current price 1853

Intrinsic Value: 5,214.92

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 181.43% compared to the current price 1853

Last 5 Year EPS CAGR: 123.25%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (22.92 cr) compared to borrowings (8.50 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (52.92 cr) and profit (4.00 cr) over the years.
  1. The stock has a low average ROCE of 3.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 66.83, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 109.17, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Danlaw Technologies India Ltd:
    1. Net Profit Margin: 3.42%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 11.19% (Industry Average ROCE: 20.68%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ✗ ROE%: 17.94% (Industry Average ROE: 20.43%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.56
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.88
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✓ Stock P/E: 40.6 (Industry average Stock P/E: 86.66)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✓ Total Debt / Equity: 0.47
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Danlaw Technologies India Ltd. is a Public Limited Listed company incorporated on 03/12/1992 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L72200TG1992PLC015099 and registration number is 015099. Currently Company is involved in the business activities of Manufacture of consumer electronics. Company’s Total Operating Revenue is Rs. 52.20 Cr. and Equity Capital is Rs. 3.71 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareUnit No. 201,202 & 203, Gowra, Fountainhead, Huda Techno, Hyderabad Telangana 500081investor.relations@danlawtechnologies.com
http://www.danlawtechnologies.com
Management
NamePosition Held
Mr. Raju S DanduChairman & Wholetime Director
Mr. T Ravi KumarIndependent Director
Mr. N S SappataIndependent Director
Ms. P SrideviWoman Director
Mr. M A Ashok KumarAddnl.Independent Director
Mr. Timothy Matthew MorrisAdditional Director

FAQ

What is the latest fair value of Danlaw Technologies India Ltd?

The latest fair value of Danlaw Technologies India Ltd is ₹2335.89.

What is the Market Cap of Danlaw Technologies India Ltd?

The Market Cap of Danlaw Technologies India Ltd is 902 Cr..

What is the current Stock Price of Danlaw Technologies India Ltd as on 27 July 2024?

The current stock price of Danlaw Technologies India Ltd as on 27 July 2024 is 1,853.

What is the High / Low of Danlaw Technologies India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Danlaw Technologies India Ltd stocks is 2,310/622.

What is the Stock P/E of Danlaw Technologies India Ltd?

The Stock P/E of Danlaw Technologies India Ltd is 40.6.

What is the Book Value of Danlaw Technologies India Ltd?

The Book Value of Danlaw Technologies India Ltd is 119.

What is the Dividend Yield of Danlaw Technologies India Ltd?

The Dividend Yield of Danlaw Technologies India Ltd is 0.00 %.

What is the ROCE of Danlaw Technologies India Ltd?

The ROCE of Danlaw Technologies India Ltd is 40.2 %.

What is the ROE of Danlaw Technologies India Ltd?

The ROE of Danlaw Technologies India Ltd is 47.4 %.

What is the Face Value of Danlaw Technologies India Ltd?

The Face Value of Danlaw Technologies India Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Danlaw Technologies India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE