Deco-Mica Ltd
Incorporated in 1987, Dico Mica
Ltd manufactures paper-based
high-pressure decorative laminates[1]
- Market Cap ₹ 35.3 Cr.
- Current Price ₹ 84.0
- High / Low ₹ 122 / 53.0
- Stock P/E 21.1
- Book Value ₹ 55.7
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.54% over last 3 years.
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25.51 | 34.58 | 43.63 | 45.81 | 40.94 | 32.31 | 51.02 | 51.18 | 48.55 | 53.44 | 71.71 | 78.30 | 68.54 | |
23.00 | 31.98 | 40.61 | 42.20 | 37.12 | 28.75 | 46.60 | 47.37 | 44.85 | 48.92 | 67.31 | 73.11 | 63.01 | |
Operating Profit | 2.51 | 2.60 | 3.02 | 3.61 | 3.82 | 3.56 | 4.42 | 3.81 | 3.70 | 4.52 | 4.40 | 5.19 | 5.53 |
OPM % | 9.84% | 7.52% | 6.92% | 7.88% | 9.33% | 11.02% | 8.66% | 7.44% | 7.62% | 8.46% | 6.14% | 6.63% | 8.07% |
0.03 | 0.10 | 0.11 | 0.05 | 0.11 | 0.20 | 0.38 | 0.41 | 0.16 | 0.10 | 0.43 | 0.78 | 0.57 | |
Interest | 0.68 | 0.69 | 0.94 | 1.20 | 1.41 | 1.27 | 1.21 | 1.40 | 1.62 | 1.56 | 1.65 | 2.38 | 2.26 |
Depreciation | 0.27 | 0.33 | 0.42 | 0.56 | 0.82 | 0.99 | 1.03 | 1.04 | 1.07 | 1.09 | 1.16 | 1.31 | 1.29 |
Profit before tax | 1.59 | 1.68 | 1.77 | 1.90 | 1.70 | 1.50 | 2.56 | 1.78 | 1.17 | 1.97 | 2.02 | 2.28 | 2.55 |
Tax % | 33.33% | 36.90% | 35.03% | 35.26% | 28.82% | 34.67% | 34.77% | 20.22% | 26.50% | 32.49% | 0.00% | 0.00% | |
1.05 | 1.06 | 1.16 | 1.23 | 1.21 | 0.99 | 1.68 | 1.42 | 0.86 | 1.33 | 2.02 | 2.28 | 1.67 | |
EPS in Rs | 2.50 | 2.52 | 2.76 | 2.93 | 2.88 | 2.36 | 4.00 | 3.38 | 2.05 | 3.17 | 4.81 | 5.43 | 3.98 |
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: | 9% |
5 Years: | 9% |
3 Years: | 17% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 6% |
3 Years: | 38% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 31% |
3 Years: | 46% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4.20 |
Reserves | 3.43 | 4.49 | 5.64 | 6.86 | 8.06 | 8.99 | 10.64 | 12.15 | 12.99 | 14.39 | 16.41 | 18.60 | 19.24 |
4.10 | 5.71 | 9.59 | 11.36 | 15.70 | 12.31 | 12.74 | 14.65 | 16.70 | 18.80 | 20.64 | 17.82 | 19.63 | |
7.60 | 11.35 | 15.72 | 15.63 | 15.52 | 16.92 | 17.65 | 18.27 | 16.97 | 10.99 | 19.90 | 22.89 | 23.96 | |
Total Liabilities | 19.33 | 25.75 | 35.15 | 38.05 | 43.48 | 42.42 | 45.23 | 49.27 | 50.86 | 48.38 | 61.15 | 63.51 | 67.03 |
3.34 | 5.67 | 7.95 | 9.92 | 11.19 | 11.67 | 11.39 | 11.32 | 11.01 | 10.63 | 10.91 | 11.69 | 11.76 | |
CWIP | 0.00 | 0.00 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.17 | 0.20 |
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 | 0.26 |
15.99 | 20.08 | 26.68 | 28.13 | 32.29 | 30.75 | 33.84 | 37.95 | 39.85 | 37.75 | 50.19 | 51.65 | 54.81 | |
Total Assets | 19.33 | 25.75 | 35.15 | 38.05 | 43.48 | 42.42 | 45.23 | 49.27 | 50.86 | 48.38 | 61.15 | 63.51 | 67.03 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.52 | 0.90 | -0.43 | 0.57 | 0.81 | 4.70 | 0.35 | -1.48 | -1.34 | -1.31 | -0.43 | 5.11 | |
-0.82 | -2.56 | -3.37 | -2.04 | -1.38 | -1.36 | -0.75 | -0.90 | -0.70 | -0.70 | -1.47 | -2.17 | |
0.39 | 1.62 | 3.87 | 1.78 | 4.33 | -3.38 | 0.42 | 2.31 | 2.05 | 2.03 | 1.89 | -2.97 | |
Net Cash Flow | 0.09 | -0.04 | 0.07 | 0.31 | 3.76 | -0.05 | 0.02 | -0.07 | 0.01 | 0.01 | -0.01 | -0.04 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 159.39 | 136.16 | 142.64 | 143.50 | 169.57 | 220.29 | 178.49 | 180.50 | 187.35 | 155.52 | 140.69 | 128.61 |
Inventory Days | 68.11 | 83.38 | 84.54 | 83.16 | 99.33 | 178.75 | 83.23 | 124.96 | 163.92 | 142.16 | 163.57 | 172.66 |
Days Payable | 117.84 | 128.76 | 129.74 | 112.59 | 127.12 | 219.25 | 146.37 | 153.45 | 150.47 | 52.17 | 81.75 | 99.44 |
Cash Conversion Cycle | 109.67 | 90.79 | 97.43 | 114.07 | 141.79 | 179.79 | 115.35 | 152.01 | 200.80 | 245.51 | 222.51 | 201.83 |
Working Capital Days | 111.32 | 85.39 | 83.41 | 89.88 | 110.91 | 152.73 | 114.11 | 140.49 | 170.96 | 186.05 | 155.55 | 135.33 |
ROCE % | 22.09% | 18.14% | 16.02% | 14.96% | 12.35% | 10.36% | 14.36% | 10.72% | 8.66% | 10.02% | 9.33% | 11.36% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 30 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 30 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Compliance Certificate Under Regulation 7 (3) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended On 31.03.2024 26 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Apr - Compliance Certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024.
Annual reports
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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
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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
from bse
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Financial Year 2008
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