Danlaw Technologies India Ltd

Danlaw Technologies India Ltd

₹ 1,897 4.02%
26 Apr - close price
About

Danlaw Technologies India Ltd is in the business of providing engineering and software development consulting services, Industrial electronics.
Its wholly owned subsidiary Danlaw Technologies Inc, was incorporated in 2011 to market engineering and information technology services to customers of USA.[1]

Key Points

Revenue Breakup
Presently, industrial electronics accounts for ~63% of revenues and computer programming, consultancy and related activities account for ~34% of revenues.[1]

  • Market Cap 924 Cr.
  • Current Price 1,897
  • High / Low 2,310 / 461
  • Stock P/E 51.4
  • Book Value 93.4
  • Dividend Yield 0.00 %
  • ROCE 21.2 %
  • ROE 22.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 45.4% CAGR over last 5 years
  • Company's median sales growth is 26.2% of last 10 years

Cons

  • Stock is trading at 20.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.41% over last 3 years.
  • Working capital days have increased from 17.5 days to 83.3 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: Electronics Industry: Electronics - Components

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
12.87 5.36 7.20 13.57 28.72 33.75 37.35 37.99 43.55 48.25 46.39 50.05 53.02
12.86 6.03 8.80 12.46 27.72 32.35 34.88 34.56 37.79 39.82 39.74 40.81 43.27
Operating Profit 0.01 -0.67 -1.60 1.11 1.00 1.40 2.47 3.43 5.76 8.43 6.65 9.24 9.75
OPM % 0.08% -12.50% -22.22% 8.18% 3.48% 4.15% 6.61% 9.03% 13.23% 17.47% 14.33% 18.46% 18.39%
0.25 0.32 0.28 0.28 0.29 3.86 0.40 0.27 0.02 0.07 0.09 0.03 0.03
Interest 0.04 0.03 0.02 0.02 0.44 0.45 0.68 0.80 0.91 0.88 0.61 0.63 0.63
Depreciation 0.69 0.54 0.55 0.60 1.03 0.90 1.04 1.13 1.20 3.74 1.22 0.92 0.93
Profit before tax -0.47 -0.92 -1.89 0.77 -0.18 3.91 1.15 1.77 3.67 3.88 4.91 7.72 8.22
Tax % 25.53% 29.35% 27.51% 20.78% -322.22% 17.90% 25.22% 29.94% 24.80% 38.66% 25.46% 23.32% 26.76%
-0.35 -0.66 -1.37 0.61 -0.75 3.21 0.86 1.24 2.76 2.38 3.66 5.92 6.03
EPS in Rs -0.94 -1.78 -3.70 1.65 -2.02 8.66 2.32 3.34 5.67 4.89 7.51 12.15 12.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
7 9 8 9 11 11 18 26 15 28 122 167 198
8 8 9 8 9 11 17 26 19 30 115 147 164
Operating Profit -1 1 -0 0 2 1 1 0 -3 -2 6 20 34
OPM % -12% 10% -5% 3% 15% 6% 6% 0% -21% -9% 5% 12% 17%
1 1 1 1 1 1 1 1 1 1 5 1 0
Interest 0 0 0 0 0 0 0 0 0 0 2 4 3
Depreciation 0 0 0 0 0 0 0 0 2 2 4 7 7
Profit before tax -0 2 1 1 3 2 2 0 -4 -4 5 10 25
Tax % -62% 32% 35% 20% 32% 222% 30% 29% 24% 27% 14% 31%
-0 1 0 1 2 -2 1 0 -3 -3 4 7 18
EPS in Rs -0.67 3.39 1.08 2.53 5.11 -5.27 3.02 0.84 -8.82 -7.26 11.54 14.88 36.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 34%
5 Years: 56%
3 Years: 122%
TTM: 30%
Compounded Profit Growth
10 Years: 19%
5 Years: 45%
3 Years: 62%
TTM: 123%
Stock Price CAGR
10 Years: 70%
5 Years: 82%
3 Years: 80%
1 Year: 296%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 8%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 4 4 4 4 4 4 4 4 4 5 5 5
Reserves 17 18 19 19 21 19 20 20 17 15 23 31 41
0 0 0 0 0 0 0 0 2 1 31 38 33
1 0 0 1 1 1 5 10 16 15 31 39 44
Total Liabilities 22 22 23 24 26 24 29 35 39 34 90 112 122
1 1 1 1 1 1 1 1 8 7 30 34 32
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 3 3 3 3 3 3 3 16 16 16 0 0 0
18 18 18 20 22 20 25 18 16 11 61 79 90
Total Assets 22 22 23 24 26 24 29 35 39 34 90 112 122

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5 2 2 0 2 -2 -4 10 4 0 -8 7
-0 -0 -0 -0 -0 -0 -0 -14 -5 -2 -2 -4
-2 -0 0 0 0 0 0 0 0 0 11 0
Net Cash Flow 2 2 2 0 2 -2 -4 -4 -0 -2 1 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 174 98 38 71 71 170 275 87 88 47 55 66
Inventory Days 159 115 110 188 123 97 97 54 44 22 130 116
Days Payable 110 9 10 70 68 22 220 178 196 70 68 54
Cash Conversion Cycle 223 204 138 190 127 245 152 -36 -65 -1 117 128
Working Capital Days 204 133 72 96 81 181 221 28 -135 -113 83 83
ROCE % -0% 9% 3% 5% 12% 7% 7% 2% -17% -16% 8% 21%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.92% 49.92% 49.92% 49.92% 49.92% 49.93% 49.93% 49.93% 49.93% 61.87% 61.87% 61.87%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.00%
1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 0.88% 0.88% 0.88%
48.92% 48.92% 48.92% 48.92% 48.92% 48.92% 48.92% 48.92% 48.93% 37.24% 37.12% 37.23%
No. of Shareholders 2,6572,9123,0523,3353,4383,6753,5843,6493,8864,1224,8875,993

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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