Dhanlaxmi Cotex Ltd
Incorporated in Dhanlaxmi Cotex Ltd is in the business of investment and trading
in Securities[1]
- Market Cap ₹ 34.6 Cr.
- Current Price ₹ 71.0
- High / Low ₹ 99.0 / 50.0
- Stock P/E 12.0
- Book Value ₹ 147
- Dividend Yield 0.00 %
- ROCE 5.68 %
- ROE 4.78 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.48 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.32% over last 3 years.
- Earnings include an other income of Rs.2.31 Cr.
* 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: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
48.04 | 36.56 | 32.18 | 24.50 | 14.70 | 30.18 | 5.85 | 9.88 | 6.88 | 22.24 | 25.32 | 26.41 | |
46.40 | 34.61 | 30.48 | 24.98 | 13.85 | 30.36 | 5.43 | 6.23 | 6.45 | 18.33 | 24.84 | 25.19 | |
Operating Profit | 1.64 | 1.95 | 1.70 | -0.48 | 0.85 | -0.18 | 0.42 | 3.65 | 0.43 | 3.91 | 0.48 | 1.22 |
OPM % | 3.41% | 5.33% | 5.28% | -1.96% | 5.78% | -0.60% | 7.18% | 36.94% | 6.25% | 17.58% | 1.90% | 4.62% |
0.17 | -0.00 | -0.00 | 0.89 | -0.00 | 1.62 | 0.05 | -0.00 | -0.13 | -0.00 | -0.01 | 2.31 | |
Interest | -0.00 | -0.00 | -0.00 | 0.18 | 0.43 | 0.37 | 0.05 | -0.00 | 0.02 | -0.00 | 0.01 | -0.00 |
Depreciation | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.04 | 0.11 | 0.09 |
Profit before tax | 1.80 | 1.95 | 1.70 | 0.23 | 0.42 | 1.07 | 0.42 | 3.65 | 0.28 | 3.87 | 0.35 | 3.44 |
Tax % | 18.33% | 18.97% | 22.94% | 8.70% | 11.90% | 15.89% | 11.90% | 9.86% | -0.00% | 14.21% | 34.29% | 16.28% |
1.48 | 1.57 | 1.31 | 0.21 | 0.37 | 0.89 | 0.37 | 3.29 | 0.28 | 3.31 | 0.24 | 2.89 | |
EPS in Rs | 3.04 | 3.22 | 2.69 | 0.43 | 0.76 | 1.83 | 0.76 | 6.75 | 0.57 | 6.79 | 0.49 | 5.93 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 35% |
3 Years: | 57% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 51% |
3 Years: | 89% |
TTM: | 1056% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 31% |
3 Years: | 82% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 |
Reserves | 22.88 | 24.46 | 25.76 | 25.97 | 30.27 | 31.40 | 31.24 | 17.44 | 30.98 | 41.38 | 44.51 | 66.78 |
4.97 | 5.45 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.25 | -0.00 | -0.00 | -0.00 | -0.00 | |
0.24 | 0.10 | 0.08 | 0.08 | 0.08 | 0.35 | 0.08 | 0.16 | 0.07 | 0.27 | 0.75 | 0.15 | |
Total Liabilities | 32.96 | 34.88 | 30.71 | 30.92 | 35.22 | 36.62 | 36.19 | 22.72 | 35.92 | 46.52 | 50.13 | 71.80 |
0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.78 | 0.73 | 0.21 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 6.48 | 6.01 | 6.53 | 5.97 | 12.63 | 16.16 | 17.39 | 9.95 | 12.58 | 15.58 | 16.48 | 37.80 |
26.47 | 28.86 | 24.18 | 24.95 | 22.59 | 20.46 | 18.80 | 12.77 | 23.34 | 30.16 | 32.92 | 33.79 | |
Total Assets | 32.96 | 34.88 | 30.71 | 30.92 | 35.22 | 36.62 | 36.19 | 22.72 | 35.92 | 46.52 | 50.13 | 71.80 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.69 | -3.01 | -2.28 | -4.13 | 6.71 | -5.62 | 0.72 | -9.21 | -3.11 | -6.13 | -3.68 | 13.99 | |
2.07 | 3.61 | 2.28 | 4.11 | -1.70 | -0.29 | -0.81 | 8.75 | 4.84 | 6.22 | 4.23 | -15.76 | |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.02 | -0.00 | -0.00 | -0.00 | |
Net Cash Flow | -0.62 | 0.60 | -0.00 | -0.01 | 5.00 | -5.91 | -0.09 | -0.45 | 1.71 | 0.10 | 0.56 | -1.77 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2.20 | 64.39 | 70.21 | 14.90 | 24.58 | 3.02 | 8.11 | -0.00 | -0.00 | -0.00 | -0.00 | 11.33 |
Inventory Days | 102.01 | 52.81 | 122.72 | 304.04 | 401.01 | 178.98 | 1,426.23 | 444.04 | 960.91 | 546.09 | 471.69 | 428.56 |
Days Payable | 1.28 | -0.00 | -0.00 | -0.00 | -0.00 | 2.68 | -0.00 | 0.72 | -0.00 | 5.63 | 11.07 | 2.05 |
Cash Conversion Cycle | 102.93 | 117.21 | 192.93 | 318.94 | 425.59 | 179.32 | 1,434.34 | 443.32 | 960.91 | 540.46 | 460.62 | 437.85 |
Working Capital Days | 169.05 | 246.00 | 243.64 | 313.90 | 392.31 | 233.42 | 1,113.72 | 224.98 | 806.40 | 413.74 | 425.83 | 707.89 |
ROCE % | 4.96% | 5.78% | 5.20% | 1.33% | 2.58% | 4.03% | 1.30% | 12.44% | 1.61% | 9.43% | 0.77% | 5.68% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 15 Jul
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 15 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Submission of Certificate under Regulation 74(5) of SEBI (Depository and Participants), Regulation, 2018 for the quarter ended 30th June, 2024.
- Closure of Trading Window 28 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Jun - Submission of Newspaper cutting in connection with publication made by the Company for Postal Ballot.
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 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is promoted by Dhanlaxmi Group which has experience in textiles & investments. It has its own weaving unit, yarn dyeing & a process house. Group used to lend money to companies as intercorporate deposits, bills
discounting, promoters funding & equity investments in primary & secondary markets. It diversified into stock broking and acquired membership of BSE & NSE