Disa India Ltd

Disa India Ltd

₹ 13,873 0.17%
26 Apr - close price
About

Disa India Ltd is a leading equipment manufacturer with advanced foundry and surface preparation process technology.
It supplies complete foundry systems, with molding machines, sand mixers with combination of sand plant equipment, surface preparation machines and environmental control systems across the country.[1]

Key Points

Product Offerings
The company offers equipment such as foundry products, furnaces, shot blast equipment, and die-casting machines to customers in the iron & aluminum foundry industries. [1]

It also offers various kinds of industrial filters such as cassette type filters, cartridge type filters, pulse jet filters, silo vent filters & auxiliary products. [2]

  • Market Cap 2,017 Cr.
  • Current Price 13,873
  • High / Low 17,570 / 7,850
  • Stock P/E 48.2
  • Book Value 1,663
  • Dividend Yield 0.79 %
  • ROCE 18.9 %
  • ROE 14.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 39.9%

Cons

  • Stock is trading at 8.34 times its book value
  • The company has delivered a poor sales growth of 5.03% over past five years.
  • Debtor days have increased from 52.1 to 64.4 days.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
75.17 31.93 38.72 69.23 75.59 72.53 64.19 68.68 52.76 76.27 90.69 80.45 61.04
54.47 32.89 34.13 54.42 65.11 56.38 55.20 56.89 50.74 64.23 72.18 69.29 56.16
Operating Profit 20.70 -0.96 4.59 14.81 10.48 16.15 8.99 11.79 2.02 12.04 18.51 11.16 4.88
OPM % 27.54% -3.01% 11.85% 21.39% 13.86% 22.27% 14.01% 17.17% 3.83% 15.79% 20.41% 13.87% 7.99%
2.71 2.61 2.39 2.75 2.77 2.37 2.23 2.47 2.64 3.19 3.85 1.24 4.20
Interest 0.12 0.11 0.15 0.16 0.15 0.32 0.13 0.14 0.23 0.13 0.15 0.12 0.16
Depreciation 0.97 1.15 0.94 0.91 0.88 0.92 1.06 1.07 1.19 1.19 1.20 1.16 1.19
Profit before tax 22.32 0.39 5.89 16.49 12.22 17.28 10.03 13.05 3.24 13.91 21.01 11.12 7.73
Tax % 25.27% 10.26% 25.98% 26.08% 25.61% 25.06% 26.02% 25.82% 27.78% 25.74% 25.46% 25.27% 25.61%
16.68 0.35 4.36 12.19 9.09 12.95 7.42 9.68 2.34 10.33 15.66 8.31 5.75
EPS in Rs 114.70 2.41 29.98 83.83 62.51 89.05 51.02 66.57 16.09 71.04 107.69 57.14 39.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
143 165 205 252 233 185 256 262 308
130 150 182 215 197 158 210 227 262
Operating Profit 13 15 23 37 36 27 46 35 47
OPM % 9% 9% 11% 15% 16% 15% 18% 13% 15%
7 5 5 7 8 9 10 11 12
Interest 0 0 0 0 0 0 1 1 1
Depreciation 3 2 2 2 4 4 4 5 5
Profit before tax 17 18 26 41 40 32 52 40 54
Tax % 36% 38% 36% 30% 26% 25% 26% 26%
11 11 17 29 30 24 39 30 40
EPS in Rs 70.19 77.64 114.84 196.74 203.41 166.07 265.37 204.72 275.41
Dividend Payout % 4% 3% 2% 1% 1% 6% 60% 54%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 4%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 0%
TTM: 29%
Stock Price CAGR
10 Years: 16%
5 Years: 19%
3 Years: 45%
1 Year: 73%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 16%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 1 1 1 1 1 1 1 1
Reserves 107 91 108 136 165 189 205 218 240
0 0 0 0 0 6 4 3 1
55 50 78 88 67 81 127 133 153
Total Liabilities 163 143 187 225 234 277 337 355 396
24 23 22 22 23 26 36 48 47
CWIP 0 0 0 0 0 0 4 0 0
Investments 0 0 0 0 0 0 0 0 0
139 121 165 203 210 251 297 307 349
Total Assets 163 143 187 225 234 277 337 355 396

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 13 24 16 9 68 18 39
-13 15 -20 -12 -5 -78 -19 4
-0 -28 -1 -1 1 3 -4 -39
Net Cash Flow 1 -1 4 4 6 -6 -5 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 29 22 26 30 31 40 52 64
Inventory Days 183 140 143 164 163 102 134 130
Days Payable 85 81 100 77 56 80 99 114
Cash Conversion Cycle 127 81 69 118 138 62 87 80
Working Capital Days 42 31 3 17 45 -34 -41 -28
ROCE % 18% 26% 33% 27% 18% 26% 19%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82% 74.82%
0.14% 0.01% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
9.01% 8.95% 8.80% 8.67% 8.32% 8.76% 8.76% 7.96% 8.02% 8.02% 8.02% 8.02%
16.03% 16.22% 16.36% 16.49% 16.84% 16.40% 16.40% 17.19% 17.14% 17.14% 17.14% 17.14%
No. of Shareholders 4,1814,2364,2024,5154,5894,3714,2384,0503,9614,1764,0704,065

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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