Deco-Mica Ltd
₹ 75.0
5.62%
21 May
2:38 p.m.
About
Incorporated in 1987, Dico Mica
Ltd manufactures paper-based
high-pressure decorative laminates[1]
Key Points
- Market Cap ₹ 31.5 Cr.
- Current Price ₹ 75.0
- High / Low ₹ 114 / 56.0
- Stock P/E 16.2
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 7.51 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.11 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.39% over past five years.
- Company has a low return on equity of 9.17% over last 3 years.
- Company has high debtors of 188 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.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
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Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43.63 | 45.81 | 40.94 | 32.31 | 51.02 | 51.18 | 48.55 | 53.44 | 71.71 | 78.30 | 77.27 | 76.06 | |
40.61 | 42.20 | 37.12 | 28.75 | 46.60 | 47.37 | 44.85 | 48.92 | 67.31 | 72.10 | 70.66 | 70.59 | |
Operating Profit | 3.02 | 3.61 | 3.82 | 3.56 | 4.42 | 3.81 | 3.70 | 4.52 | 4.40 | 6.20 | 6.61 | 5.47 |
OPM % | 6.92% | 7.88% | 9.33% | 11.02% | 8.66% | 7.44% | 7.62% | 8.46% | 6.14% | 7.92% | 8.55% | 7.19% |
0.11 | 0.05 | 0.11 | 0.20 | 0.38 | 0.41 | 0.16 | 0.10 | 0.43 | 0.78 | 0.48 | 1.67 | |
Interest | 0.94 | 1.20 | 1.41 | 1.27 | 1.21 | 1.40 | 1.62 | 1.56 | 1.65 | 2.38 | 2.28 | 2.42 |
Depreciation | 0.42 | 0.56 | 0.82 | 0.99 | 1.03 | 1.04 | 1.07 | 1.09 | 1.16 | 1.31 | 1.27 | 1.58 |
Profit before tax | 1.77 | 1.90 | 1.70 | 1.50 | 2.56 | 1.78 | 1.17 | 1.97 | 2.02 | 3.29 | 3.54 | 3.14 |
Tax % | 35.03% | 35.26% | 28.82% | 34.67% | 34.77% | 20.22% | 26.50% | 32.49% | 0.00% | 30.70% | 34.75% | 37.90% |
1.16 | 1.23 | 1.21 | 0.99 | 1.68 | 1.42 | 0.86 | 1.33 | 2.02 | 2.28 | 2.31 | 1.95 | |
EPS in Rs | 2.76 | 2.93 | 2.88 | 2.36 | 4.00 | 3.38 | 2.05 | 3.17 | 4.81 | 5.43 | 5.50 | 4.64 |
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: | 5% |
5 Years: | 9% |
3 Years: | 2% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 18% |
3 Years: | -1% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 44% |
3 Years: | 11% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 9% |
Last Year: | 8% |
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 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 |
Reserves | 5.64 | 6.86 | 8.06 | 8.99 | 10.64 | 12.15 | 12.99 | 14.39 | 16.41 | 18.60 | 20.80 | 22.72 |
9.59 | 11.36 | 15.70 | 12.31 | 12.74 | 14.65 | 16.70 | 18.80 | 20.64 | 17.82 | 20.95 | 21.06 | |
15.72 | 15.63 | 15.52 | 16.92 | 17.65 | 18.27 | 16.97 | 10.99 | 19.90 | 22.89 | 23.98 | 31.22 | |
Total Liabilities | 35.15 | 38.05 | 43.48 | 42.42 | 45.23 | 49.27 | 50.86 | 48.38 | 61.15 | 63.51 | 69.93 | 79.20 |
7.95 | 9.92 | 11.19 | 11.67 | 11.39 | 11.32 | 11.01 | 10.63 | 10.91 | 11.69 | 11.71 | 13.38 | |
CWIP | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.17 | 0.32 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
26.68 | 28.13 | 32.29 | 30.75 | 33.84 | 37.95 | 39.85 | 37.75 | 50.19 | 51.65 | 57.90 | 65.82 | |
Total Assets | 35.15 | 38.05 | 43.48 | 42.42 | 45.23 | 49.27 | 50.86 | 48.38 | 61.15 | 63.51 | 69.93 | 79.20 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.43 | 0.57 | 0.81 | 4.70 | 0.35 | -1.48 | -1.34 | -1.31 | -0.43 | 7.05 | 0.73 | 4.70 | |
-3.37 | -2.04 | -1.38 | -1.36 | -0.75 | -0.90 | -0.70 | -0.70 | -1.47 | -2.04 | -1.63 | -1.07 | |
3.87 | 1.78 | 4.33 | -3.38 | 0.42 | 2.31 | 2.05 | 2.03 | 1.89 | -5.05 | 1.04 | -3.67 | |
Net Cash Flow | 0.07 | 0.31 | 3.76 | -0.05 | 0.02 | -0.07 | 0.01 | 0.01 | -0.01 | -0.04 | 0.14 | -0.05 |
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 | 142.64 | 143.50 | 169.57 | 220.29 | 178.49 | 180.50 | 187.35 | 155.52 | 140.69 | 128.61 | 161.41 | 188.02 |
Inventory Days | 84.54 | 83.16 | 99.33 | 178.75 | 83.23 | 124.96 | 163.92 | 142.16 | 163.57 | 172.66 | 170.81 | 201.14 |
Days Payable | 129.74 | 112.59 | 127.12 | 219.25 | 146.37 | 153.45 | 150.47 | 52.17 | 81.75 | 99.44 | 98.37 | 133.85 |
Cash Conversion Cycle | 97.43 | 114.07 | 141.79 | 179.79 | 115.35 | 152.01 | 200.80 | 245.51 | 222.51 | 201.83 | 233.85 | 255.31 |
Working Capital Days | 83.41 | 89.88 | 110.91 | 152.73 | 114.11 | 140.49 | 170.96 | 186.05 | 155.55 | 135.33 | 160.98 | 169.26 |
ROCE % | 16.02% | 14.96% | 12.35% | 10.36% | 14.36% | 10.72% | 8.66% | 10.02% | 9.33% | 13.83% | 13.52% | 11.84% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement of the Standalone Audited Finacial Results of the Company for the quarter and year ended on 31st March, 2025
-
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015- Appointment Of Secretarial Auditor Of The Company
16 May - Appointment of M/S Govil Rathi & Associates as Secretarial Auditor for 2025-30, subject to shareholder approval.
-
Integrated Filing (Financial)
16 May - DECO-MICA Ltd files integrated financial results for quarter and year ended March 31, 2025.
-
Integrated Filing (Financial)
16 May - DECO-MICA Ltd files integrated financial results for quarter and year ended March 31, 2025.
- Audited Standalone Financial Results Of The Company For The Year Ended 31.03.2025 16 May
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1][2]
Company sells its products through a
network of dealers across India under
the Heritage brand. These laminates
are available in different finishes, such
as matt, cut glass, leather, wood, and
fabric. Heritage brand has a network
of ~30,000 dealers and retailers
across ~25 countries, and it
specializes in high-pressure
laminates