Fundamental Analysis of DB (International) Stock Brokers Ltd
About the Company - DB (International) Stock Brokers Ltd
DB (International) Stock Brokers Ltd. is a Public Limited Listed company incorporated on 28/02/1992 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L67120GJ1992PLC121278 and registration number is 035349. Currently Company is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 27.37 Cr. and Equity Capital is Rs. 7.00 Cr. for the Year ended 31/03/2022.
DB (International) Stock Brokers Ltd Quarterly Results
Month
Sep 2020
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Sales
4.16
4.56
6.61
7.46
6.22
6.92
8.68
6.84
6.94
10.18
5.35
10.44
9.87
Expenses
2.25
2.46
6.20
4.52
3.65
3.86
5.12
3.82
4.29
7.44
3.46
7.17
6.39
Operating Profit
1.91
2.10
0.41
2.94
2.57
3.06
3.56
3.02
2.65
2.74
1.89
3.27
3.48
OPM %
45.91%
46.05%
6.20%
39.41%
41.32%
44.22%
41.01%
44.15%
38.18%
26.92%
35.33%
31.32%
35.26%
Other Income
0.00
0.00
0.01
0.01
0.03
0.00
0.10
0.07
0.06
0.05
0.09
0.00
0.01
Interest
0.10
0.07
0.10
0.17
0.12
0.22
0.13
0.17
0.15
0.21
0.59
0.26
0.46
Depreciation
0.09
0.09
-0.03
0.19
0.22
0.15
0.19
0.16
0.18
0.22
0.19
0.54
0.55
Profit before tax
1.72
1.94
0.35
2.59
2.26
2.69
3.34
2.76
2.38
2.36
1.20
2.47
2.48
Tax %
26.16%
230.41%
77.14%
26.25%
21.68%
25.65%
7.49%
23.91%
28.57%
30.51%
21.67%
19.84%
27.42%
Net Profit
1.28
-2.52
0.08
1.91
1.76
2.00
3.09
2.10
1.70
1.64
0.94
1.99
1.80
EPS in Rs
0.37
-0.72
0.02
0.55
0.50
0.57
0.88
0.60
0.49
0.47
0.27
0.57
0.51
Last Updated: July 10, 2024, 4:23 pm
DB (International) Stock Brokers Ltd Quarterly Chart
DB (International) Stock Brokers Ltd Profit & Loss
Last Updated: July 10, 2024, 4:23 pm
Month
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
5.99
4.70
5.87
1.97
10.55
18.07
29.37
29.47
35.84
Expenses
4.50
4.07
4.83
4.73
5.87
12.60
17.15
18.99
24.46
Operating Profit
1.49
0.63
1.04
-2.76
4.68
5.47
12.22
10.48
11.38
OPM %
24.87%
13.40%
17.72%
-140.10%
44.36%
30.27%
41.61%
35.56%
31.75%
Other Income
-0.00
-0.00
0.01
-0.56
0.02
0.01
0.05
0.10
0.15
Interest
0.25
0.07
0.12
0.18
0.47
0.36
0.65
0.76
1.52
Depreciation
0.15
0.11
0.10
0.28
0.32
0.24
0.75
1.12
1.50
Profit before tax
1.09
0.45
0.83
-3.78
3.91
4.88
10.87
8.70
8.51
Tax %
34.86%
22.22%
32.53%
31.22%
32.23%
93.44%
20.42%
26.67%
Net Profit
0.70
0.36
0.57
-2.60
2.65
0.31
8.64
6.38
6.37
EPS in Rs
0.20
0.10
0.16
-0.74
0.76
0.09
2.47
1.82
1.82
Dividend Payout %
-0.00%
-0.00%
-0.00%
-0.00%
-0.00%
-0.00%
-0.00%
-0.00%
DB (International) Stock Brokers Ltd Profit & Loss Yearly Chart
DB (International) Stock Brokers Ltd Growth
Compounded Sales Growth
10 Years:
%
5 Years:
90%
3 Years:
39%
TTM:
64%
Compounded Profit Growth
10 Years:
%
5 Years:
45%
3 Years:
208%
TTM:
42%
Stock Price CAGR
10 Years:
-3%
5 Years:
33%
3 Years:
50%
1 Year:
98%
Return on Equity
10 Years:
%
5 Years:
11%
3 Years:
15%
Last Year:
15%
Last Updated: July 26, 2024, 5:21 pm
DB (International) Stock Brokers Ltd Balance Sheet
Last Updated: July 10, 2024, 4:23 pm
Month
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
Reserves
33.49
33.77
34.34
31.75
34.64
34.95
43.74
50.20
54.05
Borrowings
0.00
0.00
0.00
0.00
0.84
1.47
2.20
1.56
1.81
Other Liabilities
10.04
2.97
5.85
12.96
17.18
18.97
44.15
41.23
67.81
Total Liabilities
50.53
43.74
47.19
51.71
59.66
62.39
97.09
99.99
130.67
Fixed Assets
0.36
0.30
3.58
0.63
0.58
1.05
1.24
4.93
4.51
CWIP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Investments
0.62
0.62
0.62
0.59
1.03
0.83
10.09
1.67
4.73
Other Assets
49.55
42.82
42.99
50.49
58.05
60.51
85.76
93.39
121.43
Total Assets
50.53
43.74
47.19
51.71
59.66
62.39
97.09
99.99
130.67
DB (International) Stock Brokers Ltd Reserves and Borrowings Chart
DB (International) Stock Brokers Ltd Cash Flow
Month
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating Activity
-15.85
-6.91
3.00
-2.74
10.39
6.09
22.38
13.76
-5.03
Cash from Investing Activity
-0.15
7.52
-3.52
-3.19
-2.83
-12.14
-14.10
-12.12
-0.35
Cash from Financing Activity
0.00
0.00
0.00
-0.02
0.81
0.50
-0.16
-0.71
-6.33
Net Cash Flow
-16.01
0.61
-0.52
-5.95
8.37
-5.56
8.13
0.94
-11.70
DB (International) Stock Brokers Ltd Financial Efficiency Indicators
Month
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Debtor Days
12.19
24.85
16.79
255.69
106.21
28.88
20.38
21.06
3.33
Inventory Days
Days Payable
Cash Conversion Cycle
12.19
24.85
16.79
255.69
106.21
28.88
20.38
21.06
3.33
Working Capital Days
-548.41
-128.91
-115.66
-774.47
-411.71
-309.65
-463.30
-445.75
-414.93
ROCE %
1.28%
2.29%
-7.59%
10.78%
12.20%
23.91%
16.94%
DB (International) Stock Brokers Ltd Financial Efficiency Indicators Chart
DB (International) Stock Brokers Ltd Share Holding Pattern
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
Promoters
30.01%
30.01%
30.01%
30.01%
30.01%
30.01%
34.34%
35.84%
36.12%
36.12%
36.18%
36.18%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.00%
0.00%
0.00%
Public
69.99%
69.99%
69.99%
69.99%
69.97%
69.97%
65.66%
64.16%
63.87%
63.87%
63.82%
63.81%
No. of Shareholders
1,989
2,219
2,219
2,760
2,982
3,152
3,422
3,501
4,352
4,217
4,831
5,246
DB (International) Stock Brokers Ltd Shareholding Pattern Chart
No. of DB (International) Stock Brokers Ltd Shareholders
This stock is not held by any mutual fund
DB (International) Stock Brokers Ltd ROCE Trend
DB (International) Stock Brokers Ltd EPS Trend
DB (International) Stock Brokers Ltd Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
2.00
2.00
2.00
2.00
2.00
Basic EPS (Rs.)
2.59
1.82
2.47
0.09
0.76
Diluted EPS (Rs.)
2.59
1.82
2.47
0.09
0.76
Cash EPS (Rs.)
3.17
2.14
2.68
0.15
0.84
Book Value[Excl.RevalReserv]/Share (Rs.)
18.94
16.34
14.50
11.98
11.90
Book Value[Incl.RevalReserv]/Share (Rs.)
18.94
16.34
14.50
11.98
11.90
Revenue From Operations / Share (Rs.)
13.79
8.37
8.37
5.16
3.01
PBDIT / Share (Rs.)
4.59
3.02
3.50
1.57
1.34
PBIT / Share (Rs.)
4.01
2.70
3.29
1.50
1.25
PBT / Share (Rs.)
3.34
2.49
3.10
1.39
1.12
Net Profit / Share (Rs.)
2.59
1.82
2.47
0.08
0.75
NP After MI And SOA / Share (Rs.)
2.59
1.82
2.47
0.08
0.75
PBDIT Margin (%)
33.29
36.08
41.87
30.33
44.53
PBIT Margin (%)
29.06
32.26
39.29
29.00
41.51
PBT Margin (%)
24.22
29.68
37.09
26.99
37.03
Net Profit Margin (%)
18.75
21.75
29.49
1.74
25.12
NP After MI And SOA Margin (%)
18.75
21.75
29.49
1.74
25.12
Return on Networth / Equity (%)
13.64
11.14
17.02
0.75
6.36
Return on Capital Employeed (%)
21.06
16.24
21.95
11.94
10.21
Return On Assets (%)
6.97
6.37
8.89
0.50
4.44
Long Term Debt / Equity (X)
0.00
0.01
0.02
0.03
0.01
Total Debt / Equity (X)
0.06
0.01
0.02
0.03
0.02
Asset Turnover Ratio (%)
0.42
0.28
0.35
0.29
0.18
Current Ratio (X)
1.96
2.00
1.57
2.95
3.08
Quick Ratio (X)
1.96
2.00
1.57
2.95
3.08
Interest Coverage Ratio (X)
6.88
14.03
19.00
15.10
9.94
Interest Coverage Ratio (Post Tax) (X)
4.87
9.46
14.38
1.87
6.61
Enterprise Value (Cr.)
27.10
1.44
31.84
-18.38
-11.04
EV / Net Operating Revenue (X)
0.56
0.04
1.09
-1.02
-1.05
EV / EBITDA (X)
1.69
0.13
2.60
-3.35
-2.35
MarketCap / Net Operating Revenue (X)
2.91
2.67
3.15
1.74
3.28
Price / BV (X)
2.12
1.37
1.82
0.74
0.83
Price / Net Operating Revenue (X)
2.91
2.67
3.15
1.74
3.28
EarningsYield
0.06
0.08
0.09
0.01
0.07
DB (International) Stock Brokers Ltd Profitability Ratios (%)
DB (International) Stock Brokers Ltd Liquidity Ratios
DB (International) Stock Brokers Ltd Liquidity Ratios (%)
DB (International) Stock Brokers Ltd Interest Coverage Ratios (%)
DB (International) Stock Brokers Ltd Valuation Ratios
Fair Value
Fair Value: 52.43
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: 9.91% compared to the current price 47.7
Intrinsic Value: 62.43
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: 30.88% compared to the current price 47.7
Last 5 Year EPS CAGR: 19.08%
*Investments are subject to market risks
Strength and Weakness of DB (International) Stock Brokers Ltd Stock
Strength
Weakness
The stock has a low average Working Capital Days of -401.42, which is a positive sign.
The company has higher reserves (39.58 cr) compared to borrowings (1.12 cr), indicating strong financial stability.
The company has shown consistent growth in sales (15.76 cr) and profit (3.94 cr) over the years.
The stock has a low average ROCE of 6.65%, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 54.38, which may not be favorable.
FAQ
What is the latest fair value of DB (International) Stock Brokers Ltd?
The latest fair value of DB (International) Stock Brokers Ltd is ₹52.43.
What is the Market Cap of DB (International) Stock Brokers Ltd?
The Market Cap of DB (International) Stock Brokers Ltd is 167 Cr..
What is the current Stock Price of DB (International) Stock Brokers Ltd as on 27 July 2024?
The current stock price of DB (International) Stock Brokers Ltd as on 27 July 2024 is 47.7.
What is the High / Low of DB (International) Stock Brokers Ltd stocks in FY 2024?
In FY 2024, the High / Low of DB (International) Stock Brokers Ltd stocks is 67.9/23.2.
What is the Stock P/E of DB (International) Stock Brokers Ltd?
The Stock P/E of DB (International) Stock Brokers Ltd is 18.5.
What is the Book Value of DB (International) Stock Brokers Ltd?
The Book Value of DB (International) Stock Brokers Ltd is 18.9.
What is the Dividend Yield of DB (International) Stock Brokers Ltd?
The Dividend Yield of DB (International) Stock Brokers Ltd is 0.00 %.
What is the ROCE of DB (International) Stock Brokers Ltd?
The ROCE of DB (International) Stock Brokers Ltd is 21.7 %.
What is the ROE of DB (International) Stock Brokers Ltd?
The ROE of DB (International) Stock Brokers Ltd is 14.7 %.
What is the Face Value of DB (International) Stock Brokers Ltd?
The Face Value of DB (International) Stock Brokers Ltd is 2.00.
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 DB (International) Stock Brokers 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
