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Last Updated on: 22 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 544045 | NSE: DOMS

Fundamental Analysis of Doms Industries Ltd

Share Price and Basic Stock Data

Last Updated: July 20, 2024, 10:02 pm

Market Cap 13,479 Cr.
Current Price 2,221
High / Low2,368/1,224
Stock P/E88.0
Book Value 134
Dividend Yield0.00 %
ROCE30.7 %
ROE26.6 %
Face Value 10.0
PEG Ratio-1.47

Data Source: screener.in

Competitors of Doms Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Epack Durable Ltd 2,493 Cr. 260270/15170.5 93.10.00 %8.33 %5.87 % 10.0
Dynavision Ltd 106 Cr. 275379/12916.4 47.10.00 %33.9 %43.6 % 10.0
Doms Industries Ltd 13,479 Cr. 2,2212,368/1,22488.0 1340.00 %30.7 %26.6 % 10.0
Devine Impex Ltd 12.5 Cr. 13.113.8/5.71312 14.30.00 %0.37 %0.29 % 10.0
Desh Rakshak Aushdhalaya Ltd 4.53 Cr. 10.210.2/6.3110.5 21.40.00 %6.75 %4.62 % 10.0
Industry Average0 Cr513.6567.12127.710%0%0%8.14

Quarterly Result

MonthDec 2022Mar 2023Sep 2023Dec 2023Mar 2024
Sales304336382372404
Expenses255275317302328
Operating Profit4962656976
OPM %16%18%17%19%19%
Other Income11126
Interest33454
Depreciation1011121414
Profit before tax3649505263
Tax %25%26%25%26%25%
Net Profit2736383947
EPS in Rs685.10912.216.406.157.44

Last Updated: July 11, 2024, 10:59 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 11, 2024, 1:20 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales6544056841,2121,537
Expenses5783806141,0251,264
Operating Profit762570187273
OPM %12%6%10%15%18%
Other Income153510
Interest47101217
Depreciation2528384151
Profit before tax48-524139214
Tax %21%17%29%26%26%
Net Profit38-417103160
EPS in Rs967.52-184.16385.502,572.0825.23
Dividend Payout %0%0%39%10%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-110.53%525.00%505.88%55.34%
Change in YoY Net Profit Growth (%)0.00%635.53%-19.12%-450.54%

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:56%
TTM:27%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:191%
TTM:60%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:%
Return on Equity
10 Years:%
5 Years:%
3 Years:24%
Last Year:27%

Last Updated: July 17, 2024, 9:46 pm

Balance Sheet

Last Updated: July 11, 2024, 1:20 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital000061
Reserves240234247337754
Borrowings5897123140172
Other Liabilities10171127163204
Total Liabilities4004024976401,190
Fixed Assets196191227320498
CWIP134725
Investments00021
Other Assets203208267311665
Total Assets4004024976401,190

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 37851173183
Cash from Investing Activity -55-16-34-136-458
Cash from Financing Activity 1732-31-12297
Net Cash Flow-124-132522

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow18.00-72.00-53.0047.00101.00

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 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2038261115
Inventory Days1201791348892
Days Payable6249694237
Cash Conversion Cycle78168925770
Working Capital Days5192643136
ROCE %-0%10%34%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2023Mar 2024
Promoters74.95%74.95%
FIIs6.13%5.86%
DIIs15.14%16.63%
Public3.77%2.55%
No. of Shareholders51,95434,841

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Small Cap Fund3,300,0002.24635.43,300,0002024-07-200%
Nippon India Small Cap Fund650,9110.24125.333,300,0002024-07-20-80.28%
Mirae Asset Great Consumer Fund370,5882.0971.353,300,0002024-07-20-88.77%
SBI Flexi Cap Fund350,8290.3367.553,300,0002024-07-20-89.37%
Sundaram Large and Mid Cap Fund320,0000.9661.613,300,0002024-07-20-90.3%
SBI Consumption Opportunities Fund290,0002.5655.843,300,0002024-07-20-91.21%
Tata India Consumer Fund230,0002.2844.293,300,0002024-07-20-93.03%
Union Flexi Cap Fund198,2821.8638.183,300,0002024-07-20-93.99%
PGIM India Small Cap Fund188,4752.5936.293,300,0002024-07-20-94.29%
SBI Equity Savings Fund182,9210.7535.223,300,0002024-07-20-94.46%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)27.7518.293.05-1.07
Diluted EPS (Rs.)27.7518.293.05-1.07
Cash EPS (Rs.)34.753847.721478.63770.59
Book Value[Excl.RevalReserv]/Share (Rs.)138.789526.676919.416479.33
Book Value[Incl.RevalReserv]/Share (Rs.)138.789526.676919.416479.33
Revenue From Operations / Share (Rs.)253.2932490.3518327.1010799.38
PBDIT / Share (Rs.)46.615128.471939.33965.04
PBIT / Share (Rs.)38.174038.66920.2132.90
PBT / Share (Rs.)35.343720.16644.08-203.16
Net Profit / Share (Rs.)26.312757.91459.52-161.55
NP After MI And SOA / Share (Rs.)25.232568.69385.01-241.77
PBDIT Margin (%)18.4015.7810.588.93
PBIT Margin (%)15.0612.435.020.30
PBT Margin (%)13.9511.453.51-1.88
Net Profit Margin (%)10.388.482.50-1.49
NP After MI And SOA Margin (%)9.967.902.10-2.23
Return on Networth / Equity (%)18.8028.395.80-3.86
Return on Capital Employeed (%)23.5436.7511.510.44
Return On Assets (%)12.8614.972.88-1.97
Long Term Debt / Equity (X)0.100.040.010.01
Total Debt / Equity (X)0.140.290.340.41
Asset Turnover Ratio (%)1.682.131.430.00
Current Ratio (X)2.991.221.231.16
Quick Ratio (X)1.900.410.420.48
Inventory Turnover Ratio (X)4.294.323.040.00
Dividend Payout Ratio (NP) (%)0.005.830.000.00
Dividend Payout Ratio (CP) (%)0.004.090.000.00
Earning Retention Ratio (%)0.0094.170.000.00
Cash Earning Retention Ratio (%)0.0095.910.000.00
Interest Coverage Ratio (X)16.5216.107.024.09
Interest Coverage Ratio (Post Tax) (X)10.329.662.660.31
Enterprise Value (Cr.)9294.680.000.000.00
EV / Net Operating Revenue (X)6.050.000.000.00
EV / EBITDA (X)32.860.000.000.00
MarketCap / Net Operating Revenue (X)6.150.000.000.00
Retention Ratios (%)0.0094.160.000.00
Price / BV (X)11.610.000.000.00
Price / Net Operating Revenue (X)6.150.000.000.00
EarningsYield0.010.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 3,199.41

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: 44.05% compared to the current price 2221

Intrinsic Value: 1,542.84

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.

Overvalued: 30.53% compared to the current price 2221

Last 5 Year EPS CAGR: -51.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 1,257.49 and average Dividend Yield of 8.20%.
  2. The company has higher reserves (362.40 cr) compared to borrowings (118.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (349.00 cr) and profit (84.00 cr) over the years.
  1. The stock has a low average ROCE of 8.80%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 54.80, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 93.00, 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 Doms Industries Ltd:
    1. Net Profit Margin: 10.38%
      • 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: 23.54% (Industry Average ROCE: 0%%)
      • 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%: 18.80% (Industry Average ROE: 0%%)
      • 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): 10.32
      • 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: 1.90
      • 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: 88.0 (Industry average Stock P/E: 67.12)
      • 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: 0.14
      • 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

Printing/Publishing/Stationery
INDUSTRYADDRESSCONTACT
J-19, G.I.D.C, Opp. Telephone Valsad District Gujarat 396171Mr.Gianmatteo%20Terruzzi
Chairman%20&%20Ind.Director
Management
NamePosition Held
Mr. Santosh Rasiklal RaveshiaManaging Director
Mr. Sanjay Mansukhlal RajaniWhole Time Director
Mr. Ketan Mansukhlal RajaniWhole Time Director
Ms. Chandni Vijay SomaiyaWhole Time Director
Mr. Massimo CandelaNon Executive Director
Mr. Luca PelosinNon Executive Director
Ms. Annalisa Matilde Elena BarberaNon Executive Director
Mr. Cristian NicolettiNon Executive Director
Mr. Rajiv Ishwarbhai MistryIndependent Director
Mr. Mehul ShahIndependent Director
Ms. Darshika ThackerIndependent Director

FAQ

What is the latest fair value of Doms Industries Ltd?

The latest fair value of Doms Industries Ltd is ₹3199.41.

What is the Market Cap of Doms Industries Ltd?

The Market Cap of Doms Industries Ltd is 13,479 Cr..

What is the current Stock Price of Doms Industries Ltd as on 22 July 2024?

The current stock price of Doms Industries Ltd as on 22 July 2024 is 2,221.

What is the High / Low of Doms Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Doms Industries Ltd stocks is 2,368/1,224.

What is the Stock P/E of Doms Industries Ltd?

The Stock P/E of Doms Industries Ltd is 88.0.

What is the Book Value of Doms Industries Ltd?

The Book Value of Doms Industries Ltd is 134.

What is the Dividend Yield of Doms Industries Ltd?

The Dividend Yield of Doms Industries Ltd is 0.00 %.

What is the ROCE of Doms Industries Ltd?

The ROCE of Doms Industries Ltd is 30.7 %.

What is the ROE of Doms Industries Ltd?

The ROE of Doms Industries Ltd is 26.6 %.

What is the Face Value of Doms Industries Ltd?

The Face Value of Doms Industries 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 Doms Industries 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