Divyashakti Ltd

Divyashakti Ltd

₹ 68.6 3.03%
13 Jun 11:55 a.m.
About

Incorporated in 1991, Divyashakti
Ltd manufactures and exports Polished
Granite Slabs & Tiles and Engineering
Stones (Quartz Slabs)[1]

Key Points

Business Overview:[1]
Company is a part of Divyashakti Group.
It manufactures and exports polished granite
slabs, tiles, monuments, and Quartz Slabs
in a wide spectrum of colors, textures
and finish

  • Market Cap 70.5 Cr.
  • Current Price 68.6
  • High / Low 85.0 / 60.2
  • Stock P/E 26.4
  • Book Value 193
  • Dividend Yield 2.91 %
  • ROCE 2.25 %
  • ROE 1.66 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.35 times its book value
  • Company has been maintaining a healthy dividend payout of 63.9%

Cons

  • The company has delivered a poor sales growth of 1.26% over past five years.
  • Company has a low return on equity of 3.17% over last 3 years.
  • Earnings include an other income of Rs.4.49 Cr.
  • Company has high debtors of 657 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

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
13.42 24.12 28.19 9.05 14.17 15.34 19.82 18.46 16.15 10.73 15.96 18.92 18.41
11.80 20.40 25.70 8.74 15.57 14.51 19.07 17.61 15.67 10.61 15.49 19.21 17.10
Operating Profit 1.62 3.72 2.49 0.31 -1.40 0.83 0.75 0.85 0.48 0.12 0.47 -0.29 1.31
OPM % 12.07% 15.42% 8.83% 3.43% -9.88% 5.41% 3.78% 4.60% 2.97% 1.12% 2.94% -1.53% 7.12%
1.78 3.49 3.46 1.49 0.06 0.22 1.52 0.48 0.64 0.84 0.77 2.70 0.18
Interest 0.01 0.02 0.02 0.03 0.02 0.02 0.02 0.03 0.05 0.06 0.02 0.03 0.04
Depreciation 0.60 0.62 0.63 0.63 0.64 0.61 0.61 0.61 0.60 0.60 0.61 0.61 0.60
Profit before tax 2.79 6.57 5.30 1.14 -2.00 0.42 1.64 0.69 0.47 0.30 0.61 1.77 0.85
Tax % 20.07% 26.33% 24.53% 53.51% -23.00% 28.57% 35.37% 31.88% 0.00% 20.00% 8.20% 29.38% 27.06%
2.23 4.84 4.00 0.53 -1.54 0.31 1.06 0.46 0.47 0.25 0.56 1.25 0.61
EPS in Rs 2.17 4.71 3.90 0.52 -1.50 0.30 1.03 0.45 0.46 0.24 0.55 1.22 0.59
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
60.57 62.80 67.97 108.07 68.55 33.40 60.13 56.88 63.57 75.53 69.77 64.01
49.51 53.96 56.74 93.10 61.93 28.92 55.05 46.21 55.12 69.89 66.81 62.40
Operating Profit 11.06 8.84 11.23 14.97 6.62 4.48 5.08 10.67 8.45 5.64 2.96 1.61
OPM % 18.26% 14.08% 16.52% 13.85% 9.66% 13.41% 8.45% 18.76% 13.29% 7.47% 4.24% 2.52%
5.22 6.80 5.27 1.01 1.60 4.09 7.26 0.21 3.47 7.99 2.86 4.49
Interest 0.09 0.07 0.05 0.17 0.12 0.16 0.17 0.08 0.06 0.09 0.16 0.15
Depreciation 1.03 1.05 1.10 1.13 0.65 1.59 2.23 2.35 2.40 2.52 2.43 2.42
Profit before tax 15.16 14.52 15.35 14.68 7.45 6.82 9.94 8.45 9.46 11.02 3.23 3.53
Tax % 34.76% 35.67% 33.94% 35.49% 35.30% 24.49% 24.85% 25.44% 24.52% 28.86% 27.86% 24.08%
9.89 9.35 10.14 9.48 4.82 5.15 7.47 6.30 7.15 7.83 2.32 2.67
EPS in Rs 9.56 9.11 9.87 9.23 4.69 5.02 7.27 6.14 6.96 7.62 2.26 2.60
Dividend Payout % 15.62% 16.48% 15.19% 16.25% 31.96% 29.91% 20.62% 24.45% 28.73% 26.23% 88.53% 76.93%
Compounded Sales Growth
10 Years: 0%
5 Years: 1%
3 Years: 0%
TTM: -8%
Compounded Profit Growth
10 Years: -12%
5 Years: -19%
3 Years: -28%
TTM: 15%
Stock Price CAGR
10 Years: 4%
5 Years: 19%
3 Years: -1%
1 Year: -7%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 3%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10.30 10.27 10.27 10.27 10.27 10.27 10.27 10.27 10.27 10.27 10.27 10.27
Reserves 59.66 67.19 75.48 85.12 88.09 91.34 96.91 101.69 107.30 113.16 113.43 187.58
0.00 0.00 0.00 0.00 0.00 0.22 0.14 0.05 0.39 0.27 4.23 1.93
12.20 9.97 10.71 12.94 22.48 27.83 19.62 16.77 14.50 14.36 15.35 21.03
Total Liabilities 82.16 87.43 96.46 108.33 120.84 129.66 126.94 128.78 132.46 138.06 143.28 220.81
7.36 7.42 6.32 7.96 7.40 31.43 31.67 30.11 29.73 27.75 25.32 96.66
CWIP 0.00 0.00 0.00 0.00 9.77 3.57 0.00 0.36 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 15.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00
74.80 80.01 90.14 100.37 87.71 94.66 95.27 98.31 102.73 110.31 117.96 124.15
Total Assets 82.16 87.43 96.46 108.33 120.84 129.66 126.94 128.78 132.46 138.06 143.28 220.81

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
10.46 14.07 12.12 -8.21 2.51 17.26 -16.44 10.48 2.43 -9.00 -1.53 -3.66
1.43 -0.35 3.84 -3.43 -24.61 -4.64 3.49 -4.64 -4.90 7.12 1.07 0.65
-1.85 -1.72 -1.86 -1.82 -1.87 -1.72 -1.85 -1.56 -1.20 -2.19 1.95 -4.50
Net Cash Flow 10.04 12.01 14.10 -13.46 -23.97 10.90 -14.79 4.28 -3.68 -4.07 1.49 -7.50

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 180.48 164.54 151.54 149.96 273.79 487.72 432.56 443.54 386.70 450.05 511.64 656.61
Inventory Days 136.63 83.33 64.22 59.94 93.25 423.22 100.94 89.50 121.05 52.25 50.23 32.30
Days Payable 43.48 37.61 33.02 49.25 134.13 508.27 126.79 128.79 97.41 75.13 69.66 110.07
Cash Conversion Cycle 273.63 210.26 182.74 160.65 232.91 402.67 406.72 404.26 410.34 427.17 492.20 578.84
Working Capital Days 191.27 162.16 141.07 154.55 258.93 407.51 389.58 405.43 405.08 434.88 500.50 592.01
ROCE % 23.13% 19.79% 18.87% 16.29% 7.71% 6.94% 9.67% 7.78% 8.25% 9.19% 2.69% 2.25%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.34% 73.34% 73.34% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 73.20%
26.66% 26.65% 26.66% 25.20% 25.20% 25.19% 25.20% 25.20% 25.19% 25.20% 25.20% 26.80%
No. of Shareholders 4,7614,8334,8964,8914,9475,2615,2575,2105,4485,5595,5925,639

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