Dynavision Ltd
Incorporated in 1973, Dynavision Ltd is in the business of leasing out investment property
- Market Cap ₹ 66.8 Cr.
- Current Price ₹ 174
- High / Low ₹ 309 / 145
- Stock P/E 7.79
- Book Value ₹ 89.0
- Dividend Yield 0.00 %
- ROCE 28.0 %
- ROE 28.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.64% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.2.53 Cr.
- Working capital days have increased from 294 days to 1,031 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.32 | 4.65 | 5.33 | 6.51 | 6.58 | 6.48 | 6.11 | 7.51 | 7.71 | 37.69 | 9.78 | 8.83 | |
| 0.52 | 0.79 | 0.76 | 0.85 | 1.02 | 1.29 | 1.15 | 1.70 | 1.45 | 30.11 | 3.46 | 2.85 | |
| Operating Profit | 3.80 | 3.86 | 4.57 | 5.66 | 5.56 | 5.19 | 4.96 | 5.81 | 6.26 | 7.58 | 6.32 | 5.98 |
| OPM % | 87.96% | 83.01% | 85.74% | 86.94% | 84.50% | 80.09% | 81.18% | 77.36% | 81.19% | 20.11% | 64.62% | 67.72% |
| 0.00 | 0.00 | 0.53 | 0.46 | 0.79 | 1.07 | 1.28 | 1.24 | 1.04 | 2.19 | 2.30 | 2.53 | |
| Interest | 0.00 | 0.00 | 0.21 | 0.24 | 0.26 | 0.29 | 0.31 | 0.35 | 0.38 | 0.42 | 0.46 | 0.51 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.05 | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 |
| Profit before tax | 3.79 | 3.85 | 4.87 | 5.86 | 6.07 | 5.95 | 5.88 | 6.57 | 6.79 | 9.21 | 8.01 | 7.85 |
| Tax % | 0.00% | 2.34% | 20.12% | 23.04% | 24.22% | 21.85% | 22.28% | 22.83% | 22.68% | 19.87% | 22.60% | -9.43% |
| 3.79 | 3.75 | 3.90 | 4.51 | 4.60 | 4.65 | 4.58 | 5.07 | 5.26 | 7.38 | 6.20 | 8.58 | |
| EPS in Rs | 9.87 | 9.77 | 10.16 | 11.74 | 11.98 | 12.11 | 11.93 | 13.20 | 13.70 | 19.22 | 16.15 | 22.34 |
| 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: | 7% |
| 5 Years: | 8% |
| 3 Years: | 5% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 21% |
| 3 Years: | 5% |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 32% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 |
| Reserves | -28.27 | -24.52 | -20.62 | -16.11 | -11.51 | -6.87 | -2.29 | 2.78 | 8.03 | 15.41 | 21.61 | 30.32 |
| 4.59 | 1.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 20.56 | 20.57 | 21.23 | 21.12 | 21.07 | 21.29 | 21.42 | 21.64 | 28.91 | 24.58 | 25.08 | 22.31 | |
| Total Liabilities | 0.72 | 1.09 | 4.45 | 8.85 | 13.40 | 18.26 | 22.97 | 28.26 | 40.78 | 43.83 | 50.53 | 56.47 |
| 0.07 | 0.16 | 0.17 | 0.16 | 0.14 | 0.11 | 0.31 | 6.47 | 6.38 | 6.42 | 6.29 | 6.14 | |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.82 | 1.19 | 1.29 | 10.11 | 12.82 | 27.36 | 37.99 |
| 0.65 | 0.93 | 4.28 | 8.69 | 13.26 | 17.33 | 21.47 | 20.50 | 24.29 | 24.59 | 16.88 | 12.34 | |
| Total Assets | 0.72 | 1.09 | 4.45 | 8.85 | 13.40 | 18.26 | 22.97 | 28.26 | 40.78 | 43.83 | 50.53 | 56.47 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.38 | 3.39 | 5.29 | 4.26 | 3.71 | 3.94 | 3.24 | 4.75 | 5.38 | 6.57 | 5.89 | ||
| 0.00 | -0.10 | -3.89 | -4.00 | -2.96 | -4.40 | -2.89 | -5.37 | -4.68 | -6.76 | -3.65 | ||
| -3.33 | -3.39 | -1.41 | -0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Net Cash Flow | 0.05 | -0.10 | -0.01 | 0.02 | 0.75 | -0.46 | 0.35 | -0.61 | 0.70 | -0.19 | 2.24 | |
| Free Cash Flow | 3.38 | 3.29 | 5.27 | 4.26 | 3.71 | -1.36 | 3.04 | 4.72 | 5.35 | 6.22 | 4.04 | |
| CFO/OP | 89% | 88% | 139% | 98% | 90% | 98% | 86% | 106% | 103% | 108% | 108% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.45 | 0.00 | 0.00 | 8.04 | 0.00 | 0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.45 | 0.00 | 0.00 | 8.04 | 0.00 | 0.00 |
| Working Capital Days | -306.70 | -29.83 | -17.12 | -23.55 | -2.77 | -37.18 | 10.16 | -86.03 | -122.61 | -14.82 | -135.85 | 1,031.34 |
| ROCE % | 169.40% | 77.88% | 59.38% | 36.64% | 28.05% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental/Lease Revenue INR Lakhs |
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| Solar Power Capacity MW |
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| Total Number of Permanent Employees Numbers |
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| Asset Utilization (Leased Property) % |
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Extracted by Screener AI
Documents
Announcements
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Disclosures Under Regulation 30
1h - Subsidiary approved 450 kW solar PSPA with Apollo Hospitals; Dynavision will provide HDFC Bank corporate guarantee.
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Board Meeting Outcome for Board Meeting Outcome Dt 14.05.2026
3h - FY26 audited standalone and consolidated results approved with unmodified audit opinion; board reappointed internal auditor and approved property sale/RPT.
- Financial Results As On 31.3.2026 3h
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Board Meeting Intimation for Approval Of Audited Financials Results (Standalone And Consolidated) For The Quarter And Year Ended 31.3.2026 Among Other Items.
10 May - Board meets on 14 May 2026 to approve audited Q4/FY26 standalone and consolidated results.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Dynavision confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowing NIL.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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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
from bse
Business Overview:[1][2]
Company used to deal in televisions but since 2004 it leased out its entire factory premises to M/s Apollo Hospitals Enterprise Ltd for establishing multi specialties hospital. Company is currently engaged in leasing of its own property and is not engaged in any other specific industrial operations. Company was a loss making entity but in FY22 it has wiped off its entire carry forward losses and turned profitable and management is looking for a right opportunity to make the company operational.