DCM Ltd
Incorporated in 1977, DCM Ltd is in the business of Textiles, Grey iron casting, IT Infrastructure Service and Real Estate[1]
- Market Cap ₹ 143 Cr.
- Current Price ₹ 76.5
- High / Low ₹ 104 / 62.1
- Stock P/E
- Book Value ₹ 7.47
- Dividend Yield 0.00 %
- ROCE 25.8 %
- ROE 15.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 10.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -40.8% over past five years.
- Earnings include an other income of Rs.2.84 Cr.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
770.90 | 770.98 | 897.22 | 961.69 | 907.08 | 950.65 | 959.33 | 432.54 | 186.09 | 47.40 | 69.77 | 69.45 | 71.44 | |
737.28 | 706.08 | 816.20 | 906.32 | 842.42 | 906.78 | 946.19 | 451.32 | 216.49 | 51.22 | 66.07 | 68.31 | 68.11 | |
Operating Profit | 33.62 | 64.90 | 81.02 | 55.37 | 64.66 | 43.87 | 13.14 | -18.78 | -30.40 | -3.82 | 3.70 | 1.14 | 3.33 |
OPM % | 4.36% | 8.42% | 9.03% | 5.76% | 7.13% | 4.61% | 1.37% | -4.34% | -16.34% | -8.06% | 5.30% | 1.64% | 4.66% |
26.25 | 6.84 | 21.01 | 8.90 | 7.71 | 15.71 | 8.99 | 49.07 | 26.56 | 4.38 | 42.48 | 12.93 | 2.84 | |
Interest | 27.93 | 21.72 | 23.82 | 32.94 | 34.07 | 30.18 | 26.13 | 13.12 | 10.99 | 8.73 | 5.90 | 2.19 | 2.06 |
Depreciation | 19.05 | 18.62 | 22.60 | 40.88 | 36.47 | 36.37 | 36.24 | 17.43 | 12.63 | 9.24 | 8.14 | 6.99 | 5.25 |
Profit before tax | 12.89 | 31.40 | 55.61 | -9.55 | 1.83 | -6.97 | -40.24 | -0.26 | -27.46 | -17.41 | 32.14 | 4.89 | -1.14 |
Tax % | 21.88% | 50.35% | 34.62% | 6.70% | -68.85% | -2.15% | 0.00% | 0.00% | -6.74% | -2.47% | 6.16% | 52.15% | |
10.07 | 15.58 | 36.35 | -8.91 | 3.10 | -7.12 | -40.24 | -0.26 | -29.31 | -17.84 | 30.17 | 2.33 | -3.58 | |
EPS in Rs | 4.48 | 10.24 | 21.67 | -2.49 | 1.78 | -3.81 | -21.52 | -0.14 | -15.67 | -9.54 | 16.13 | 1.25 | -1.92 |
Dividend Payout % | 55.78% | 29.28% | 6.91% | -120.42% | 84.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -21% |
5 Years: | -41% |
3 Years: | -28% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | -18% |
5 Years: | 15% |
3 Years: | 27% |
TTM: | -124% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 19% |
3 Years: | 41% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 17.38 | 17.38 | 17.38 | 17.38 | 17.38 | 18.67 | 18.67 | 18.67 | 18.68 | 18.68 | 18.68 | 18.68 | 18.68 |
Reserves | 175.87 | 188.31 | 205.28 | 192.06 | 210.93 | 197.72 | 157.95 | 157.97 | -20.63 | -37.74 | -6.74 | -3.72 | -4.71 |
208.56 | 241.40 | 320.20 | 352.77 | 320.84 | 360.61 | 289.14 | 249.40 | 28.72 | 32.23 | 23.99 | 0.57 | 0.26 | |
161.42 | 156.80 | 174.20 | 152.74 | 111.77 | 93.96 | 161.60 | 145.02 | 95.44 | 112.53 | 80.96 | 99.00 | 97.47 | |
Total Liabilities | 563.23 | 603.89 | 717.06 | 714.95 | 660.92 | 670.96 | 627.36 | 571.06 | 122.21 | 125.70 | 116.89 | 114.53 | 111.70 |
125.42 | 140.85 | 183.93 | 268.67 | 272.91 | 231.66 | 196.84 | 172.61 | 61.58 | 51.86 | 42.92 | 34.87 | 32.49 | |
CWIP | 3.91 | 34.60 | 73.59 | 16.13 | 0.38 | 0.95 | 2.06 | 0.86 | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 |
Investments | 32.96 | 32.96 | 2.31 | 1.03 | 1.00 | 18.84 | 14.21 | 12.04 | 7.48 | 5.82 | 10.99 | 12.16 | 12.25 |
400.94 | 395.48 | 457.23 | 429.12 | 386.63 | 419.51 | 414.25 | 385.55 | 53.08 | 67.95 | 62.98 | 67.50 | 66.96 | |
Total Assets | 563.23 | 603.89 | 717.06 | 714.95 | 660.92 | 670.96 | 627.36 | 571.06 | 122.21 | 125.70 | 116.89 | 114.53 | 111.70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
150.81 | 62.87 | 55.02 | 64.37 | 0.00 | 26.61 | 88.02 | 76.88 | 13.80 | 2.97 | 11.62 | 17.79 | |
-12.26 | -64.52 | -95.15 | -52.38 | 0.00 | -10.26 | 5.84 | -3.57 | 32.41 | -2.53 | 0.75 | -2.91 | |
-137.81 | 2.61 | 39.91 | -6.23 | 0.00 | -15.34 | -99.17 | -67.09 | -55.73 | -1.03 | -8.35 | -15.14 | |
Net Cash Flow | 0.74 | 0.96 | -0.22 | 5.75 | 0.00 | 1.00 | -5.30 | 6.22 | -9.52 | -0.59 | 4.01 | -0.26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 72.74 | 65.65 | 57.37 | 60.99 | 52.49 | 40.79 | 45.05 | 82.89 | 19.91 | 79.47 | 80.41 | 63.12 |
Inventory Days | 100.16 | 122.16 | 158.82 | 115.56 | 153.59 | 146.51 | 141.16 | 515.95 | 72.29 | |||
Days Payable | 46.06 | 49.04 | 56.26 | 40.62 | 40.73 | 28.60 | 70.20 | 195.39 | 303.57 | |||
Cash Conversion Cycle | 126.84 | 138.78 | 159.93 | 135.93 | 165.36 | 158.70 | 116.01 | 403.45 | -211.37 | 79.47 | 80.41 | 63.12 |
Working Capital Days | 91.03 | 99.64 | 102.99 | 85.73 | 91.15 | 99.03 | 75.81 | 147.94 | -105.47 | -297.78 | -69.42 | -155.46 |
ROCE % | 8.01% | 11.80% | 12.75% | 3.95% | 7.36% | 4.12% | -2.70% | 2.88% | -18.02% | -44.32% | 92.42% | 25.81% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
- Compliance Certificate For The Financial Year Ended March 31, 2024 As per Regulation 40(9) Of The SEBI (LODR) Regulations, 2015, As Amended 15 Apr
- Clarification/Explanation Sought In Respect To The Discrepancies Observed Regarding Corporate Announcement Submitted Under Regulation 30 Of SEBI (LODR) Regulations, 2015 As Amended ('SEBI Listing Regulation') 9 Apr
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 As Amended 5 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 3 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Business Divisions:[1][2]
a) Engineering Division:
This division is handled by company's wholly owned subsidiary DCM Engineering Limited. It manufactures grey iron castings which is supplied to auto companies. DCM also specialises in cylinder heads, cylinder blocks, and housing.
b) Real Estate Division:
Company initiated development of its land parcel admeasuring about 68.35 acres at, Hisar, Haryana. and entered into Joint Development Agreement to develop Hisar land under Deen Dayal Jan Awas Yojna. DCM Limited is designated as Promoter of the
Project in the HRERA Registration. However, Director Town and Country Planning, Haryana, Chandigarh (DTCP) vide its order on April 18th, 2023 suspended the said Licence, taking a note that an enquiry has been initiated against the Company by Deputy Commissioner, Hisar in respect of their Hisar land. In the said order DTCP has also directed the licensee not to carry out any development work in the colony and not to create any 3rd party right unless the said suspension is revoked. Company is taking appropriate action in the matter for revocation of said suspension order
c) IT Business:
DCML is in the business of providing IT Infrastructure services in networking, analytics, cloud and digital technologies through its wholly owned subsidiary viz. DCM Infotech Limited. The subsidiary provides IT services and related software domain viz. cloud, digital transformation, mobile applications, and VR, AI-ML RPA and NLP based technologies