DIC India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 15, 2025, 12:04 pm

Market Cap	616 Cr.
Current Price	671
High / Low	840/417
Stock P/E	32.4
Book Value	452
Dividend Yield	0.60 %
ROCE	6.45 %
ROE	4.68 %
Face Value	10.0
PEG Ratio	-1.26

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for DIC India Ltd

Competitors of DIC India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
H T Media Ltd	421 Cr.	18.1	31.8/16.9		72.2	0.00 %	0.32 %	1.91 %	2.00
Gala Global Products Ltd	17.0 Cr.	3.11	4.43/2.80	32.0	8.05	0.00 %	1.23 %	0.33 %	5.00
DB Corp Ltd	3,928 Cr.	220	405/189	8.90	120	5.90 %	25.1 %	20.2 %	10.0
Vasa Retail and Overseas Ltd (VASA)	3.45 Cr.	5.75	8.55/4.10		29.7	0.00 %	5.30 %	%	10.0
Sandesh Ltd	821 Cr.	1,085	2,058/1,000	5.90	1,779	0.46 %	20.9 %	16.3 %	10.0
Industry Average	1,543.43 Cr	380.14		24.55	204.01	1.21%	10.11%	8.86%	6.15

All Competitor Stocks of DIC India Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	187.21	219.58	200.51	216.58	231.64	199.36	207.69	216.67	205.13	198.60	242.70	221.01	219.22
Expenses	182.55	211.89	195.80	212.79	224.93	196.44	205.82	212.19	204.68	190.47	231.09	213.72	209.81
Operating Profit	4.66	7.69	4.71	3.79	6.71	2.92	1.87	4.48	0.45	8.13	11.61	7.29	9.41
OPM %	2.49%	3.50%	2.35%	1.75%	2.90%	1.46%	0.90%	2.07%	0.22%	4.09%	4.78%	3.30%	4.29%
Other Income	2.91	1.42	2.02	34.06	2.10	3.16	1.28	-16.54	-3.50	1.45	1.93	1.54	5.39
Interest	0.25	0.35	0.42	0.38	0.83	1.17	1.31	1.13	0.54	0.36	0.32	0.34	0.74
Depreciation	3.22	4.60	3.20	3.14	3.29	3.63	4.97	5.01	4.60	4.73	4.86	4.76	4.74
Profit before tax	4.10	4.16	3.11	34.33	4.69	1.28	-3.13	-18.20	-8.19	4.49	8.36	3.73	9.32
Tax %	25.61%	26.68%	26.37%	0.96%	34.33%	28.91%	-18.21%	-24.01%	-12.21%	6.46%	25.72%	46.65%	23.28%
Net Profit	3.05	3.05	2.29	33.99	3.07	0.91	-2.57	-13.83	-7.18	4.20	6.21	1.98	7.15
EPS in Rs	3.32	3.32	2.49	37.03	3.34	0.99	-2.80	-15.07	-7.82	4.58	6.77	2.16	7.79

Last Updated: March 3, 2025, 4:45 pm

Below is a detailed analysis of the quarterly data for DIC India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹219.22 Cr.. The value appears to be declining and may need further review. It has decreased from 221.01 Cr. (Sep 2024) to ₹219.22 Cr., marking a decrease of 1.79 Cr..
For Expenses, as of Dec 2024, the value is ₹209.81 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 213.72 Cr. (Sep 2024) to ₹209.81 Cr., marking a decrease of 3.91 Cr..
For Operating Profit, as of Dec 2024, the value is ₹9.41 Cr.. The value appears strong and on an upward trend. It has increased from 7.29 Cr. (Sep 2024) to ₹9.41 Cr., marking an increase of ₹2.12 Cr..
For OPM %, as of Dec 2024, the value is 4.29%. The value appears strong and on an upward trend. It has increased from 3.30% (Sep 2024) to 4.29%, marking an increase of 0.99%.
For Other Income, as of Dec 2024, the value is ₹5.39 Cr.. The value appears strong and on an upward trend. It has increased from 1.54 Cr. (Sep 2024) to ₹5.39 Cr., marking an increase of ₹3.85 Cr..
For Interest, as of Dec 2024, the value is ₹0.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.34 Cr. (Sep 2024) to ₹0.74 Cr., marking an increase of ₹0.40 Cr..
For Depreciation, as of Dec 2024, the value is ₹4.74 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.76 Cr. (Sep 2024) to ₹4.74 Cr., marking a decrease of 0.02 Cr..
For Profit before tax, as of Dec 2024, the value is ₹9.32 Cr.. The value appears strong and on an upward trend. It has increased from 3.73 Cr. (Sep 2024) to ₹9.32 Cr., marking an increase of ₹5.59 Cr..
For Tax %, as of Dec 2024, the value is 23.28%. The value appears to be improving (decreasing) as expected. It has decreased from 46.65% (Sep 2024) to 23.28%, marking a decrease of 23.37%.
For Net Profit, as of Dec 2024, the value is ₹7.15 Cr.. The value appears strong and on an upward trend. It has increased from 1.98 Cr. (Sep 2024) to ₹7.15 Cr., marking an increase of ₹5.17 Cr..
For EPS in Rs, as of Dec 2024, the value is 7.79. The value appears strong and on an upward trend. It has increased from ₹2.16 (Sep 2024) to 7.79, marking an increase of 5.63.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:27 pm

Metric	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales	712	722	750	707	738	838	791	608	745	872	829	882
Expenses	684	723	691	665	726	839	771	586	722	851	819	845
Operating Profit	28	-1	59	42	12	-1	20	23	23	21	10	36
OPM %	4%	-0%	8%	6%	2%	-0%	3%	4%	3%	2%	1%	4%
Other Income	1	-20	4	6	-9	15	13	105	10	41	-16	10
Interest	4	6	5	2	3	6	5	2	1	4	4	2
Depreciation	12	13	17	15	16	13	11	15	14	13	18	19
Profit before tax	12	-39	40	31	-16	-6	17	111	17	44	-28	26
Tax %	-4%	-21%	26%	26%	-25%	58%	-6%	23%	26%	8%	-20%	25%
Net Profit	13	-31	30	23	-12	-9	18	86	12	41	-23	20
EPS in Rs	13.66	-33.65	32.37	24.88	-12.84	-10.15	20.10	93.58	13.50	44.65	-24.71	21.29
Dividend Payout %	29%	0%	12%	16%	0%	0%	22%	6%	37%	4%	0%	19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year
YoY Net Profit Growth (%)
Change in YoY Net Profit Growth (%)

No data available for trend analysis.

Growth

Compounded Sales Growth
10 Years:	2%
5 Years:	2%
3 Years:	6%
TTM:	6%

Compounded Profit Growth
10 Years:	15%
5 Years:	1%
3 Years:	15%
TTM:	1203%

Stock Price CAGR
10 Years:	7%
5 Years:	18%
3 Years:	24%
1 Year:	57%

Return on Equity
10 Years:	3%
5 Years:	3%
3 Years:	2%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 3:50 pm

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Equity Capital	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	282	251	275	293	281	271	289	370	377	413	387	406
Borrowings	23	35	2	0	35	51	35	6	5	24	20	3
Other Liabilities	133	139	122	143	167	273	136	144	220	203	165	169
Total Liabilities	447	435	408	445	492	603	469	529	611	649	581	587
Fixed Assets	97	87	71	69	54	57	59	79	76	88	143	141
CWIP	1	2	2	4	7	3	1	1	9	77	15	4
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	350	346	335	372	431	543	408	449	526	484	423	442
Total Assets	447	435	408	445	492	603	469	529	611	649	581	587

Below is a detailed analysis of the balance sheet data for DIC India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Equity Capital, as of Dec 2024, the value is ₹9.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded ₹9.00 Cr..
For Reserves, as of Dec 2024, the value is ₹406.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹387.00 Cr. (Dec 2023) to ₹406.00 Cr., marking an increase of 19.00 Cr..
For Borrowings, as of Dec 2024, the value is ₹3.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹20.00 Cr. (Dec 2023) to ₹3.00 Cr., marking a decrease of 17.00 Cr..
For Other Liabilities, as of Dec 2024, the value is ₹169.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹165.00 Cr. (Dec 2023) to ₹169.00 Cr., marking an increase of 4.00 Cr..
For Total Liabilities, as of Dec 2024, the value is ₹587.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹581.00 Cr. (Dec 2023) to ₹587.00 Cr., marking an increase of 6.00 Cr..
For Fixed Assets, as of Dec 2024, the value is ₹141.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹143.00 Cr. (Dec 2023) to ₹141.00 Cr., marking a decrease of 2.00 Cr..
For CWIP, as of Dec 2024, the value is ₹4.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹15.00 Cr. (Dec 2023) to ₹4.00 Cr., marking a decrease of 11.00 Cr..
For Investments, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded ₹0.00 Cr..
For Other Assets, as of Dec 2024, the value is ₹442.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹423.00 Cr. (Dec 2023) to ₹442.00 Cr., marking an increase of 19.00 Cr..
For Total Assets, as of Dec 2024, the value is ₹587.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹581.00 Cr. (Dec 2023) to ₹587.00 Cr., marking an increase of 6.00 Cr..

Notably, the Reserves (₹406.00 Cr.) exceed the Borrowings (3.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operating Activity +	33	2	42	46	-13	-9	58	24	-7	37	5	16
Cash from Investing Activity +	-12	-10	-5	-15	-3	-22	-37	38	56	-34	-30	-6
Cash from Financing Activity +	-20	1	-37	-10	28	12	-22	-44	-9	-8	5	-18
Net Cash Flow	1	-6	0	21	12	-19	0	18	40	-6	-20	-8

Free Cash Flow

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Free Cash Flow	5.00	-36.00	57.00	42.00	-23.00	-52.00	-15.00	17.00	18.00	-3.00	-10.00	33.00

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	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023
Debtor Days	103	104	102	100	101	109	107	93	109	114	105	97
Inventory Days	84	74	73	70	87	81	78	62	88	99	59	61
Days Payable	59	60	70	57	68	90	107	70	96	126	82	68
Cash Conversion Cycle	128	118	105	114	120	99	77	85	101	88	82	90
Working Capital Days	111	112	104	102	105	106	91	104	108	104	83	83
ROCE %	12%	5%	-4%	16%	11%	-0%	-0%	7%	4%	5%	4%	-1%

Financial Efficiency Indicators Chart

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	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%	71.75%
Public	28.24%	28.24%	28.24%	28.24%	28.24%	28.25%	28.24%	28.24%	28.25%	28.26%	28.25%	28.24%
No. of Shareholders	8,334	8,142	8,239	8,239	7,748	7,588	7,590	7,480	7,155	7,063	6,918	6,975

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-24.70	44.65	13.50	93.58	20.10
Diluted EPS (Rs.)	-24.70	44.65	13.50	93.58	20.10
Cash EPS (Rs.)	-4.86	59.28	29.08	109.62	32.26
Book Value[Excl.RevalReserv]/Share (Rs.)	431.77	460.01	420.45	413.33	324.56
Book Value[Incl.RevalReserv]/Share (Rs.)	431.77	460.01	420.45	413.33	324.56
Dividend / Share (Rs.)	0.00	2.00	5.00	6.00	4.50
Revenue From Operations / Share (Rs.)	902.99	949.98	811.45	662.66	861.89
PBDIT / Share (Rs.)	19.51	30.98	35.33	32.55	36.27
PBIT / Share (Rs.)	-0.33	16.35	19.75	16.51	24.10
PBT / Share (Rs.)	-30.77	48.28	18.26	120.79	19.03
Net Profit / Share (Rs.)	-24.70	44.65	13.50	93.58	20.10
PBDIT Margin (%)	2.16	3.26	4.35	4.91	4.20
PBIT Margin (%)	-0.03	1.72	2.43	2.49	2.79
PBT Margin (%)	-3.40	5.08	2.25	18.22	2.20
Net Profit Margin (%)	-2.73	4.70	1.66	14.12	2.33
Return on Networth / Equity (%)	-5.72	9.70	3.20	22.64	6.19
Return on Capital Employeed (%)	-0.07	3.35	4.59	3.91	7.32
Return On Assets (%)	-3.90	6.31	2.02	16.23	3.93
Total Debt / Equity (X)	0.03	0.00	0.00	0.00	0.11
Asset Turnover Ratio (%)	1.35	1.38	1.31	1.22	1.48
Current Ratio (X)	2.22	2.30	2.31	2.90	2.23
Quick Ratio (X)	1.64	1.76	1.62	2.17	1.64
Inventory Turnover Ratio (X)	5.39	4.67	4.16	4.00	4.42
Dividend Payout Ratio (NP) (%)	-8.09	11.19	44.45	4.80	0.00
Dividend Payout Ratio (CP) (%)	-41.14	8.43	20.63	4.10	0.00
Earning Retention Ratio (%)	108.09	88.81	55.55	95.20	0.00
Cash Earning Retention Ratio (%)	141.14	91.57	79.37	95.90	0.00
Interest Coverage Ratio (X)	4.31	7.70	23.75	15.73	7.15
Interest Coverage Ratio (Post Tax) (X)	1.27	3.16	10.07	-5.17	4.96
Enterprise Value (Cr.)	421.58	285.25	289.22	287.00	318.67
EV / Net Operating Revenue (X)	0.50	0.32	0.38	0.47	0.40
EV / EBITDA (X)	23.54	10.03	8.92	9.61	9.57
MarketCap / Net Operating Revenue (X)	0.54	0.40	0.48	0.62	0.37
Retention Ratios (%)	108.09	88.80	55.54	95.19	0.00
Price / BV (X)	1.14	0.83	0.93	0.99	1.00
Price / Net Operating Revenue (X)	0.54	0.40	0.48	0.62	0.37
EarningsYield	-0.04	0.11	0.03	0.22	0.06

After reviewing the key financial ratios for DIC India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Dec 23, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Dec 22) which recorded 10.00.
For Basic EPS (Rs.), as of Dec 23, the value is -24.70. This value is below the healthy minimum of 5. It has decreased from 44.65 (Dec 22) to -24.70, marking a decrease of 69.35.
For Diluted EPS (Rs.), as of Dec 23, the value is -24.70. This value is below the healthy minimum of 5. It has decreased from 44.65 (Dec 22) to -24.70, marking a decrease of 69.35.
For Cash EPS (Rs.), as of Dec 23, the value is -4.86. This value is below the healthy minimum of 3. It has decreased from 59.28 (Dec 22) to -4.86, marking a decrease of 64.14.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Dec 23, the value is 431.77. It has decreased from 460.01 (Dec 22) to 431.77, marking a decrease of 28.24.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Dec 23, the value is 431.77. It has decreased from 460.01 (Dec 22) to 431.77, marking a decrease of 28.24.
For Dividend / Share (Rs.), as of Dec 23, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 2.00 (Dec 22) to 0.00, marking a decrease of 2.00.
For Revenue From Operations / Share (Rs.), as of Dec 23, the value is 902.99. It has decreased from 949.98 (Dec 22) to 902.99, marking a decrease of 46.99.
For PBDIT / Share (Rs.), as of Dec 23, the value is 19.51. This value is within the healthy range. It has decreased from 30.98 (Dec 22) to 19.51, marking a decrease of 11.47.
For PBIT / Share (Rs.), as of Dec 23, the value is -0.33. This value is below the healthy minimum of 0. It has decreased from 16.35 (Dec 22) to -0.33, marking a decrease of 16.68.
For PBT / Share (Rs.), as of Dec 23, the value is -30.77. This value is below the healthy minimum of 0. It has decreased from 48.28 (Dec 22) to -30.77, marking a decrease of 79.05.
For Net Profit / Share (Rs.), as of Dec 23, the value is -24.70. This value is below the healthy minimum of 2. It has decreased from 44.65 (Dec 22) to -24.70, marking a decrease of 69.35.
For PBDIT Margin (%), as of Dec 23, the value is 2.16. This value is below the healthy minimum of 10. It has decreased from 3.26 (Dec 22) to 2.16, marking a decrease of 1.10.
For PBIT Margin (%), as of Dec 23, the value is -0.03. This value is below the healthy minimum of 10. It has decreased from 1.72 (Dec 22) to -0.03, marking a decrease of 1.75.
For PBT Margin (%), as of Dec 23, the value is -3.40. This value is below the healthy minimum of 10. It has decreased from 5.08 (Dec 22) to -3.40, marking a decrease of 8.48.
For Net Profit Margin (%), as of Dec 23, the value is -2.73. This value is below the healthy minimum of 5. It has decreased from 4.70 (Dec 22) to -2.73, marking a decrease of 7.43.
For Return on Networth / Equity (%), as of Dec 23, the value is -5.72. This value is below the healthy minimum of 15. It has decreased from 9.70 (Dec 22) to -5.72, marking a decrease of 15.42.
For Return on Capital Employeed (%), as of Dec 23, the value is -0.07. This value is below the healthy minimum of 10. It has decreased from 3.35 (Dec 22) to -0.07, marking a decrease of 3.42.
For Return On Assets (%), as of Dec 23, the value is -3.90. This value is below the healthy minimum of 5. It has decreased from 6.31 (Dec 22) to -3.90, marking a decrease of 10.21.
For Total Debt / Equity (X), as of Dec 23, the value is 0.03. This value is within the healthy range. It has increased from 0.00 (Dec 22) to 0.03, marking an increase of 0.03.
For Asset Turnover Ratio (%), as of Dec 23, the value is 1.35. It has decreased from 1.38 (Dec 22) to 1.35, marking a decrease of 0.03.
For Current Ratio (X), as of Dec 23, the value is 2.22. This value is within the healthy range. It has decreased from 2.30 (Dec 22) to 2.22, marking a decrease of 0.08.
For Quick Ratio (X), as of Dec 23, the value is 1.64. This value is within the healthy range. It has decreased from 1.76 (Dec 22) to 1.64, marking a decrease of 0.12.
For Inventory Turnover Ratio (X), as of Dec 23, the value is 5.39. This value is within the healthy range. It has increased from 4.67 (Dec 22) to 5.39, marking an increase of 0.72.
For Dividend Payout Ratio (NP) (%), as of Dec 23, the value is -8.09. This value is below the healthy minimum of 20. It has decreased from 11.19 (Dec 22) to -8.09, marking a decrease of 19.28.
For Dividend Payout Ratio (CP) (%), as of Dec 23, the value is -41.14. This value is below the healthy minimum of 20. It has decreased from 8.43 (Dec 22) to -41.14, marking a decrease of 49.57.
For Earning Retention Ratio (%), as of Dec 23, the value is 108.09. This value exceeds the healthy maximum of 70. It has increased from 88.81 (Dec 22) to 108.09, marking an increase of 19.28.
For Cash Earning Retention Ratio (%), as of Dec 23, the value is 141.14. This value exceeds the healthy maximum of 70. It has increased from 91.57 (Dec 22) to 141.14, marking an increase of 49.57.
For Interest Coverage Ratio (X), as of Dec 23, the value is 4.31. This value is within the healthy range. It has decreased from 7.70 (Dec 22) to 4.31, marking a decrease of 3.39.
For Interest Coverage Ratio (Post Tax) (X), as of Dec 23, the value is 1.27. This value is below the healthy minimum of 3. It has decreased from 3.16 (Dec 22) to 1.27, marking a decrease of 1.89.
For Enterprise Value (Cr.), as of Dec 23, the value is 421.58. It has increased from 285.25 (Dec 22) to 421.58, marking an increase of 136.33.
For EV / Net Operating Revenue (X), as of Dec 23, the value is 0.50. This value is below the healthy minimum of 1. It has increased from 0.32 (Dec 22) to 0.50, marking an increase of 0.18.
For EV / EBITDA (X), as of Dec 23, the value is 23.54. This value exceeds the healthy maximum of 15. It has increased from 10.03 (Dec 22) to 23.54, marking an increase of 13.51.
For MarketCap / Net Operating Revenue (X), as of Dec 23, the value is 0.54. This value is below the healthy minimum of 1. It has increased from 0.40 (Dec 22) to 0.54, marking an increase of 0.14.
For Retention Ratios (%), as of Dec 23, the value is 108.09. This value exceeds the healthy maximum of 70. It has increased from 88.80 (Dec 22) to 108.09, marking an increase of 19.29.
For Price / BV (X), as of Dec 23, the value is 1.14. This value is within the healthy range. It has increased from 0.83 (Dec 22) to 1.14, marking an increase of 0.31.
For Price / Net Operating Revenue (X), as of Dec 23, the value is 0.54. This value is below the healthy minimum of 1. It has increased from 0.40 (Dec 22) to 0.54, marking an increase of 0.14.
For EarningsYield, as of Dec 23, the value is -0.04. This value is below the healthy minimum of 5. It has decreased from 0.11 (Dec 22) to -0.04, marking a decrease of 0.15.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of DIC India Ltd as of March 15, 2025 is: ₹551.59

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 March 15, 2025, DIC India Ltd is Overvalued by 17.80% compared to the current share price 671.00

Intrinsic Value of DIC India Ltd as of March 15, 2025 is: 410.22

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 March 15, 2025, DIC India Ltd is Overvalued by 38.86% compared to the current share price 671.00

Last 5 Year EPS CAGR: -25.63%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (324.58 cr) compared to borrowings (19.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (766.17 cr) and profit (17.42 cr) over the years.	The stock has a low average ROCE of 4.92%, which may not be favorable. The stock has a high average Working Capital Days of 101.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 100.58, 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 DIC India Ltd:
1. Net Profit Margin: -2.73%
  - 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: -0.07% (Industry Average ROCE: 9.61%)
  - 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%: -5.72% (Industry Average ROE: 7.97%)
  - 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): 1.27
  - 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: 1.64
  - 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: 32.4 (Industry average Stock P/E: 15.96)
  - 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: 0.03
  - 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

DIC India Ltd. is a Public Limited Listed company incorporated on 02/04/1947 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L24223WB1947PLC015202 and registration number is 015202. Currently Company is involved in the business activities of Manufacture of printing ink. Company's Total Operating Revenue is Rs. 881.53 Cr. and Equity Capital is Rs. 9.18 Cr. for the Year ended 31/12/2024.

INDUSTRY	ADDRESS	CONTACT
Printing/Publishing/Stationery	UB03, Mani Tower, 31/41, Binova Bhave Road, Kolkata West Bengal 700034	investors@dic.co.in http://www.dic.co.in

Management
Name	Position Held
Mr. Rajeev Anand	Chairman(NonExe.&Ind.Director)
Mr. Manish Bhatia	Managing Director & CEO
Mr. Paul Koek	Non Executive Director
Mr. Ryohei Kohashi	Non Executive Director
Mr. Ji Xiang Jason Lee	Non Executive Director
Mr. Pritha Dutt	Ind. Non-Executive Director
Mr. Prabal Kumar Sarkar	Ind. Non-Executive Director
Mr. Adnan Wajhat Ahmad	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of DIC India Ltd?

The latest intrinsic value of DIC India Ltd as on 15 March 2025 is 551.59, which is 17.80% lower than the current market price of ₹671.00, indicating the stock is overvalued by 17.80%. The intrinsic value of DIC India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹616 Cr. and recorded a high/low of ₹840/417 during the current fiscal year 2024-2025. As of Dec 2024, the company has reserves of ₹406 Cr and total liabilities of ₹587 Cr.

What is the Market Cap of DIC India Ltd?

The Market Cap of DIC India Ltd is 616 Cr..

What is the current Stock Price of DIC India Ltd as on 15 March 2025?

The current stock price of DIC India Ltd as on 15 March 2025 is ₹671.

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

In FY 2024-2025, the High / Low of DIC India Ltd stocks is ₹840/417.

What is the Stock P/E of DIC India Ltd?

The Stock P/E of DIC India Ltd is 32.4.

What is the Book Value of DIC India Ltd?

The Book Value of DIC India Ltd is 452.

What is the Dividend Yield of DIC India Ltd?

The Dividend Yield of DIC India Ltd is 0.60 %.

What is the ROCE of DIC India Ltd?

The ROCE of DIC India Ltd is 6.45 %.

What is the ROE of DIC India Ltd?

The ROE of DIC India Ltd is 4.68 %.

What is the Face Value of DIC India Ltd?

The Face Value of DIC India Ltd is 10.0.