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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of DigiSpice Technologies Ltd

About the Company - DigiSpice Technologies Ltd

DiGiSPICE Technologies Ltd. is a Public Limited Listed company incorporated on 23/12/1986 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L72900DL1986PLC330369 and registration number is 330369. Currently Company is involved in the business activities of Other information technology and computer service activities n.e.c. Company’s Total Operating Revenue is Rs. 112.52 Cr. and Equity Capital is Rs. 61.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Financial Technologies (Fintech)622, 6th Floor, DLF Tower A, New Delhi Delhi 110025investors@digispice.com.
http://www.digispice.com
Management
NamePosition Held
Mr. Dilip ModiChairman
Mr. Rohit AhujaExecutive Director
Mr. Subramanian MuraliNon Executive Director
Mr. Mayank JainIndependent Director
Mr. Mrutyunjay MahapatraIndependent Director
Dr.(Ms.) Rashmi AggarwalIndependent Director

Basic Stock Data of DigiSpice Technologies Ltd

Last Updated: May 28, 2024, 10:12 pm

Market Cap 676 Cr.
Current Price 29.2
High / Low47.6/18.1
Stock P/E41.9
Book Value 10.6
Dividend Yield0.00 %
ROCE11.3 %
ROE6.76 %
Face Value 3.00
PEG Ratio3.50

DigiSpice Technologies Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales184.56185.87228.66236.68247.72277.54263.30106.95106.47228.34110.52112.64110.18
Expenses182.77189.37227.86229.22243.06276.13262.88108.81107.87225.74109.67108.83107.54
Operating Profit1.79-3.500.807.464.661.410.42-1.86-1.402.600.853.812.64
OPM %0.97%-1.88%0.35%3.15%1.88%0.51%0.16%-1.74%-1.31%1.14%0.77%3.38%2.40%
Other Income4.878.622.784.163.1210.134.15-2.75-0.451.59-21.75-0.850.64
Interest0.300.510.270.310.330.270.130.050.240.330.530.420.64
Depreciation3.778.404.204.445.156.117.094.845.826.600.930.991.08
Profit before tax2.59-3.79-0.896.872.305.16-2.65-9.50-7.91-2.74-22.361.551.56
Tax %30.12%-20.58%-142.70%39.30%46.09%33.14%-54.34%6.74%13.02%33.94%0.27%210.97%208.97%
Net Profit1.81-4.57-2.174.161.253.45-4.09-8.86-6.87-1.81-22.30-1.73-1.71
EPS in Rs0.08-0.22-0.110.170.040.13-0.19-0.35-0.29-0.06-0.94-0.11-0.05

Last Updated: May 11, 2024, 12:09 pm

DigiSpice Technologies Ltd Quarterly Chart

DigiSpice Technologies Ltd Profit & Loss

MonthJun 2012Jun 2013Jun 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,7381,8692,1111,5878552592813774077129911,015694
Expenses2,7101,8262,1051,8338642882763624017009761,030695
Operating Profit28436-246-9-2951461215-15-0
OPM %1%2%0%-16%-1%-11%2%4%1%2%2%-1%-0%
Other Income231412-25-1921-2318-35242022-14
Interest2233102342112
Depreciation41363824282017182123202515
Profit before tax719-23-298-57-28-3712-541213-19-31
Tax %148%75%-18%-3%-17%-36%-22%24%-4%53%50%-14%
Net Profit-45-28-306-67-38-459-5667-22-33
EPS in Rs-0.410.23-1.24-13.49-3.01-1.57-1.570.27-2.160.500.23-0.89-1.40
Dividend Payout %-368%655%-12%0%0%0%0%150%0%0%0%0%

DigiSpice Technologies Ltd Profit & Loss Yearly Chart

DigiSpice Technologies Ltd Growth

Compounded Sales Growth
10 Years:-13%
5 Years:3%
3 Years:-15%
TTM:-57%
Compounded Profit Growth
10 Years:11%
5 Years:22%
3 Years:77%
TTM:196%
Stock Price CAGR
10 Years:-1%
5 Years:26%
3 Years:-13%
1 Year:54%
Return on Equity
10 Years:-11%
5 Years:0%
3 Years:1%
Last Year:7%

Last Updated: May 23, 2024, 3:23 pm

DigiSpice Technologies Ltd Balance Sheet

MonthJun 2012Jun 2013Jun 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital71716868685461616161616262
Reserves715676616305211225216224163177186170144
Borrowings23141553634572634548472
Other Liabilities430361375454320262131187168260399392373
Total Liabilities1,2181,1111,073842652547442529418531700708651
Fixed Assets4524423981921271551321271241061048576
CWIP1513810198445420
Investments1158683738410182261000
Other Assets636569584568440372284376284419592620574
Total Assets1,2181,1111,073842652547442529418531700708651

DigiSpice Technologies Ltd Reserves and Borrowings Chart

DigiSpice Technologies Ltd Cash Flow

MonthJun 2012Jun 2013Jun 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -610737-39-65-68-11-33571191496
Cash from Investing Activity 37-452130411478-4-7-83-119-37
Cash from Financing Activity -34-40-66-13619-471-270-8-4
Net Cash Flow-322-9-1013-3620-37233622-36

DigiSpice Technologies Ltd Financial Efficiency Indicators

MonthJun 2012Jun 2013Jun 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days211823304476487242292612
Inventory Days1922203234281124
Days Payable4956589413446554134218356
Cash Conversion Cycle-8-16-16-31-56-360-492-269-140-232612
Working Capital Days1025-6-5-492254-36-70-95-96
ROCE %1%3%-2%-42%-5%-7%10%4%-1%3%5%-4%

DigiSpice Technologies Ltd Financial Efficiency Indicators Chart

DigiSpice Technologies Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.35%74.19%74.09%73.97%73.70%73.37%73.34%73.19%73.18%73.18%73.18%73.18%
FIIs0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.02%0.01%0.00%0.00%0.00%
Public25.65%25.81%25.91%26.02%26.29%26.61%26.65%26.80%26.82%26.82%26.82%26.82%
No. of Shareholders17,53721,85625,00030,07731,55933,12232,85332,50632,72132,00431,40830,953

DigiSpice Technologies Ltd Shareholding Pattern Chart

No. of DigiSpice Technologies Ltd Shareholders

This stock is not held by any mutual fund

DigiSpice Technologies Ltd ROCE Trend

DigiSpice Technologies Ltd EPS Trend

DigiSpice Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue3.003.003.003.003.00
Basic EPS (Rs.)-0.930.240.50-2.160.27
Diluted EPS (Rs.)-0.930.230.49-2.160.27
Cash EPS (Rs.)0.181.301.43-1.691.40
Book Value[Excl.RevalReserv]/Share (Rs.)11.3412.3611.9311.5314.86
Book Value[Incl.RevalReserv]/Share (Rs.)11.3412.3611.9311.5314.86
Revenue From Operations / Share (Rs.)49.4148.3535.2020.1718.67
PBDIT / Share (Rs.)0.611.721.840.921.67
PBIT / Share (Rs.)-0.620.750.72-0.100.78
PBT / Share (Rs.)-0.910.640.64-2.600.65
Net Profit / Share (Rs.)-1.050.330.30-2.720.50
NP After MI And SOA / Share (Rs.)-1.000.260.56-2.440.30
PBDIT Margin (%)1.233.565.234.568.97
PBIT Margin (%)-1.261.552.05-0.494.20
PBT Margin (%)-1.861.331.83-12.883.50
Net Profit Margin (%)-2.130.680.87-13.462.72
NP After MI And SOA Margin (%)-2.020.541.60-12.101.60
Return on Networth / Equity (%)-8.882.194.82-22.032.12
Return on Capital Employeed (%)-5.295.905.85-0.834.94
Return On Assets (%)-2.900.772.15-11.791.14
Long Term Debt / Equity (X)0.000.000.000.000.04
Total Debt / Equity (X)0.360.210.130.110.20
Asset Turnover Ratio (%)2.080.280.310.290.36
Current Ratio (X)1.071.101.161.091.39
Quick Ratio (X)1.061.091.141.091.39
Inventory Turnover Ratio (X)0.000.000.009.370.00
Dividend Payout Ratio (NP) (%)0.000.000.00-23.330.00
Dividend Payout Ratio (CP) (%)0.000.000.00-40.110.00
Earning Retention Ratio (%)0.000.000.00123.330.00
Cash Earning Retention Ratio (%)0.000.000.00140.110.00
Interest Coverage Ratio (X)9.6829.9823.364.4012.89
Interest Coverage Ratio (Post Tax) (X)-11.997.375.14-0.944.94
Enterprise Value (Cr.)93.62337.13840.7523.43161.15
EV / Net Operating Revenue (X)0.090.341.180.050.42
EV / EBITDA (X)7.459.5422.531.264.77
MarketCap / Net Operating Revenue (X)0.380.631.430.170.41
Retention Ratios (%)0.000.000.00123.330.00
Price / BV (X)1.692.554.280.310.55
Price / Net Operating Revenue (X)0.380.631.430.170.41
EarningsYield-0.050.010.01-0.700.03

DigiSpice Technologies Ltd Profitability Ratios (%)

DigiSpice Technologies Ltd Liquidity Ratios

DigiSpice Technologies Ltd Liquidity Ratios (%)

DigiSpice Technologies Ltd Interest Coverage Ratios (%)

DigiSpice Technologies Ltd Valuation Ratios

Fair Value

Fair Value: ₹30.62

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: 4.88% compared to the current price ₹29.2

Intrinsic Value: ₹34.29

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: 17.43% compared to the current price ₹29.2

Last 5 Year EPS CAGR: 11.97%

*Investments are subject to market risks

Strength and Weakness of DigiSpice Technologies Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -22.00, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -114.42, which is a positive sign.
  3. The company has higher reserves (309.85 cr) compared to borrowings (34.92 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -2.92%, which may not be favorable.
  2. The company has not shown consistent growth in sales (352.54) and profit (-37.23).

FAQ

What is the latest fair value of DigiSpice Technologies Ltd?

The latest fair value of DigiSpice Technologies Ltd is ₹30.62.

What is the Market Cap of DigiSpice Technologies Ltd?

The Market Cap of DigiSpice Technologies Ltd is 676 Cr..

What is the current Stock Price of DigiSpice Technologies Ltd as on 30 May 2024?

The current stock price of DigiSpice Technologies Ltd as on 30 May 2024 is ₹29.2.

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

In FY 2024, the High / Low of DigiSpice Technologies Ltd stocks is 47.6/18.1.

What is the Stock P/E of DigiSpice Technologies Ltd?

The Stock P/E of DigiSpice Technologies Ltd is 41.9.

What is the Book Value of DigiSpice Technologies Ltd?

The Book Value of DigiSpice Technologies Ltd is 10.6.

What is the Dividend Yield of DigiSpice Technologies Ltd?

The Dividend Yield of DigiSpice Technologies Ltd is 0.00 %.

What is the ROCE of DigiSpice Technologies Ltd?

The ROCE of DigiSpice Technologies Ltd is 11.3 %.

What is the ROE of DigiSpice Technologies Ltd?

The ROE of DigiSpice Technologies Ltd is 6.76 %.

What is the Face Value of DigiSpice Technologies Ltd?

The Face Value of DigiSpice Technologies Ltd is 3.00.

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 DigiSpice Technologies 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