DB Corp Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:09 am

Market Cap	5,497 Cr.
Current Price	308
High / Low	405/236
Stock P/E	12.3
Book Value	120
Dividend Yield	4.21 %
ROCE	25.1 %
ROE	20.2 %
Face Value	10.0
PEG Ratio	0.48

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
H T Media Ltd	540 Cr.	23.2	36.9/22.2		72.2	0.00 %	0.32 %	1.91 %	2.00
Gala Global Products Ltd	18.5 Cr.	3.39	4.43/2.80	21.0	8.05	0.00 %	1.23 %	0.33 %	5.00
DB Corp Ltd	5,497 Cr.	308	405/236	12.3	120	4.21 %	25.1 %	20.2 %	10.0
Vasa Retail and Overseas Ltd (VASA)	2.88 Cr.	4.80	8.55/4.10		29.7	0.00 %	5.30 %	%	10.0
Sandesh Ltd	1,261 Cr.	1,666	2,058/1,057	5.78	1,779	0.30 %	20.9 %	16.3 %	10.0
Industry Average	1,631.88 Cr	376.47		50.33	203.57	0.92%	9.81%	8.62%	6.15

All Competitor Stocks of

Quarterly Result

Month	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
Sales	447	546	472	494	538	566	531	554	586	645	617	590	559
Expenses	346	404	414	427	451	474	456	438	434	462	445	425	438
Operating Profit	101	142	58	68	88	92	75	116	152	183	172	164	121
OPM %	23%	26%	12%	14%	16%	16%	14%	21%	26%	28%	28%	28%	22%
Other Income	4	4	8	6	10	9	14	19	16	20	25	26	24
Interest	5	2	6	5	5	6	6	5	6	7	6	6	7
Depreciation	28	28	27	27	28	28	30	27	29	29	29	28	27
Profit before tax	73	116	33	42	65	67	54	104	133	167	162	157	110
Tax %	26%	26%	27%	26%	25%	28%	23%	24%	25%	26%	24%	25%	25%
Net Profit	54	87	25	31	49	48	41	79	100	124	123	118	83
EPS in Rs	3.07	4.89	1.38	1.75	2.75	2.71	2.31	4.42	5.63	6.96	6.88	6.62	4.63

Last Updated: November 6, 2024, 6:58 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:46 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,592	1,860	2,010	2,049	2,258	2,311	2,463	2,224	1,508	1,769	2,129	2,402	2,411
Expenses	1,212	1,358	1,446	1,512	1,614	1,746	1,957	1,740	1,201	1,463	1,806	1,779	1,770
Operating Profit	380	502	564	538	644	565	506	484	307	305	324	623	640
OPM %	24%	27%	28%	26%	29%	24%	21%	22%	20%	17%	15%	26%	27%
Other Income	20	23	24	21	15	23	15	10	25	17	38	81	95
Interest	10	8	8	14	7	7	8	25	24	18	21	24	26
Depreciation	58	64	88	85	86	92	99	121	115	110	112	114	113
Profit before tax	331	452	492	460	565	488	414	348	193	195	228	565	597
Tax %	34%	32%	36%	36%	34%	34%	34%	21%	27%	27%	26%	25%
Net Profit	218	307	316	292	375	324	274	275	141	143	169	426	447
EPS in Rs	11.90	16.71	17.23	15.90	20.38	17.60	15.66	15.72	8.08	8.05	9.50	23.89	25.09
Dividend Payout %	46%	43%	45%	69%	40%	1%	64%	64%	37%	62%	63%	21%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	40.83%	2.93%	-7.59%	28.42%	-13.60%	-15.43%	0.36%	-48.73%	1.42%	18.18%	152.07%
Change in YoY Net Profit Growth (%)	0.00%	-37.89%	-10.53%	36.02%	-42.02%	-1.83%	15.80%	-49.09%	50.15%	16.76%	133.89%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	-1%
3 Years:	17%
TTM:	8%

Compounded Profit Growth
10 Years:	3%
5 Years:	9%
3 Years:	46%
TTM:	67%

Stock Price CAGR
10 Years:	-2%
5 Years:	19%
3 Years:	50%
1 Year:	22%

Return on Equity
10 Years:	16%
5 Years:	12%
3 Years:	13%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:30 pm

Month	Mar 2013	Mar 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	183	183	184	184	184	184	175	175	175	177	178	178	178
Reserves	846	963	1,105	1,214	1,410	1,745	1,652	1,503	1,648	1,705	1,770	2,043	1,967
Borrowings	163	154	124	137	81	45	51	345	248	199	213	253	269
Other Liabilities	441	468	493	417	409	481	516	463	405	456	418	518	578
Total Liabilities	1,633	1,770	1,905	1,951	2,084	2,455	2,394	2,486	2,476	2,537	2,579	2,993	2,992
Fixed Assets	831	850	816	867	910	1,002	986	1,221	1,202	1,154	1,073	1,059	1,022
CWIP	7	2	4	46	21	21	1	1	0	0	1	2	6
Investments	81	72	69	71	27	36	37	18	14	14	66	67	78
Other Assets	714	845	1,016	968	1,126	1,397	1,370	1,245	1,259	1,369	1,439	1,864	1,886
Total Assets	1,633	1,770	1,905	1,951	2,084	2,455	2,394	2,486	2,476	2,537	2,579	2,993	2,992

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	241	259	425	341	360	364	235	363	374	371	243	579
Cash from Investing Activity +	-76	-104	-153	-183	-32	-198	-21	-154	-137	-224	-143	-380
Cash from Financing Activity +	-182	-165	-205	-245	-244	-42	-381	-307	-151	-155	-132	-194
Net Cash Flow	-17	-10	67	-87	84	124	-166	-98	86	-7	-32	5

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	217.00	348.00	440.00	401.00	563.00	520.00	455.00	139.00	59.00	106.00	111.00	370.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	71	64	63	67	68	87	94	104	120	99	80	77
Inventory Days	87	100	79	99	110	80	99	120	202	142	92	93
Days Payable	64	64	68	70	116	129	117	132	158	158	92	117
Cash Conversion Cycle	93	100	73	96	62	38	76	92	164	83	80	53
Working Capital Days	33	33	24	35	67	76	92	99	120	86	76	55
ROCE %	29%	37%	37%	32%	36%	27%	22%	19%	10%	10%	12%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	71.08%	71.00%	70.97%	72.33%	72.00%	71.98%	71.97%	71.96%	71.93%	71.93%	72.36%	72.36%
FIIs	12.42%	12.84%	12.48%	12.97%	12.65%	12.49%	12.51%	13.02%	13.35%	13.34%	13.44%	13.86%
DIIs	4.15%	4.28%	4.11%	4.09%	4.20%	4.13%	4.21%	4.35%	4.63%	4.74%	4.68%	4.85%
Public	12.35%	11.88%	12.44%	10.62%	11.15%	11.39%	11.31%	10.66%	10.09%	9.99%	9.53%	8.92%
No. of Shareholders	39,704	39,719	39,956	40,879	38,780	37,039	34,327	41,114	44,062	39,140	36,769	38,946

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Small Cap Fund - Regular Plan	4,922,150	0.47	139.08	1,161,248	2024-12-18	323.87%
ICICI Prudential Multi Asset Fund	1,768,151	0.13	49.96	1,161,248	2024-12-18	52.26%
Mahindra Manulife Small Cap Fund	1,161,248	0.83	32.81	1,161,248	2024-12-18	0%
Mahindra Manulife Consumption Fund	78,000	1.24	2.2	1,161,248	2024-12-18	-93.28%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.90	9.53	8.12	8.08	15.72
Diluted EPS (Rs.)	23.87	9.52	8.09	8.04	15.70
Cash EPS (Rs.)	30.30	15.79	14.26	14.65	22.62
Book Value[Excl.RevalReserv]/Share (Rs.)	124.71	109.45	106.32	104.19	95.93
Book Value[Incl.RevalReserv]/Share (Rs.)	124.71	109.45	106.32	104.19	95.93
Revenue From Operations / Share (Rs.)	134.88	119.64	99.89	86.17	127.11
PBDIT / Share (Rs.)	39.49	20.29	18.23	18.25	28.23
PBIT / Share (Rs.)	33.09	14.00	12.02	11.68	21.34
PBT / Share (Rs.)	31.75	12.80	10.99	11.05	19.90
Net Profit / Share (Rs.)	23.89	9.50	8.05	8.08	15.72
NP After MI And SOA / Share (Rs.)	23.89	9.50	8.05	8.08	15.72
PBDIT Margin (%)	29.27	16.96	18.25	21.17	22.21
PBIT Margin (%)	24.53	11.70	12.03	13.55	16.78
PBT Margin (%)	23.54	10.70	11.00	12.81	15.65
Net Profit Margin (%)	17.71	7.94	8.06	9.37	12.36
NP After MI And SOA Margin (%)	17.71	7.94	8.06	9.37	12.36
Return on Networth / Equity (%)	19.15	8.68	7.57	7.75	16.38
Return on Capital Employeed (%)	23.34	11.37	9.99	9.85	19.42
Return On Assets (%)	14.21	6.55	5.61	5.71	11.06
Total Debt / Equity (X)	0.01	0.01	0.01	0.03	0.10
Asset Turnover Ratio (%)	0.86	0.83	0.70	0.60	0.91
Current Ratio (X)	3.82	3.61	3.18	2.80	1.96
Quick Ratio (X)	3.42	3.06	2.65	2.22	1.51
Inventory Turnover Ratio (X)	3.66	3.96	2.47	1.73	3.05
Dividend Payout Ratio (NP) (%)	33.46	62.85	24.54	0.00	114.51
Dividend Payout Ratio (CP) (%)	26.39	37.80	13.85	0.00	79.57
Earning Retention Ratio (%)	66.54	37.15	75.46	0.00	-14.51
Cash Earning Retention Ratio (%)	73.61	62.20	86.15	0.00	20.43
Interest Coverage Ratio (X)	29.58	16.98	17.75	13.13	19.68
Interest Coverage Ratio (Post Tax) (X)	18.90	8.95	8.84	6.27	11.95
Enterprise Value (Cr.)	3731.78	1187.73	1011.42	1319.62	1420.35
EV / Net Operating Revenue (X)	1.55	0.55	0.57	0.87	0.63
EV / EBITDA (X)	5.31	3.29	3.13	4.13	2.88
MarketCap / Net Operating Revenue (X)	1.94	0.81	0.85	1.04	0.62
Retention Ratios (%)	66.53	37.14	75.45	0.00	-14.51
Price / BV (X)	2.10	0.89	0.79	0.86	0.82
Price / Net Operating Revenue (X)	1.94	0.81	0.85	1.04	0.62
EarningsYield	0.09	0.09	0.09	0.08	0.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 310.70

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.

As of December 21, 2024, is Undervalued by 0.88% compared to the current share price 308.00

Intrinsic Value of as of December 21, 2024 is: 389.73

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 26.54% compared to the current share price 308.00

Last 5 Year EPS CAGR: 25.43%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 24.67%, which is a positive sign. The company has higher reserves (1,505.46 cr) compared to borrowings (175.54 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.69 cr) and profit (409.85 cr) over the years.	The stock has a high average Working Capital Days of 66.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 84.17, which may not be favorable.

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 :
1. Net Profit Margin: 17.71%
  - 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: 23.34% (Industry Average ROCE: 9.81%)
  - 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%: 19.15% (Industry Average ROE: 8.62%)
  - 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): 18.9
  - 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: 3.42
  - 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: 12.3 (Industry average Stock P/E: 50.33)
  - 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: 0.01
  - 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

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹310.70, which is 0.88% higher than the current market price of ₹308.00. The stock has a market capitalization of 5,497 Cr. and recorded a high/low of 405/236 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,967 Cr and total liabilities of ₹2,992 Cr.

What is the Market Cap of ?

The Market Cap of is 5,497 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 308.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 405/236.

What is the Stock P/E of ?

The Stock P/E of is 12.3.

What is the Book Value of ?

The Book Value of is 120.

What is the Dividend Yield of ?

The Dividend Yield of is 4.21 %.

What is the ROCE of ?

The ROCE of is 25.1 %.

What is the ROE of ?

The ROE of is 20.2 %.

What is the Face Value of ?

The Face Value of is 10.0.