Dev Labtech Venture Ltd
Incorporated in 1993, Dev Labtech Venture Ltd manufactures polished diamond and lab grown diamond[1]
- Market Cap ₹ 74.7 Cr.
- Current Price ₹ 63.0
- High / Low ₹ 114 / 52.0
- Stock P/E 57.9
- Book Value ₹ 36.4
- Dividend Yield 0.00 %
- ROCE 5.70 %
- ROE 3.85 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 2.14% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.33% 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 11.79 | 12.24 | 26.98 | 30.34 | 43.22 | 52.41 | |
| 11.41 | 11.96 | 26.28 | 28.43 | 40.35 | 49.33 | |
| Operating Profit | 0.38 | 0.28 | 0.70 | 1.91 | 2.87 | 3.08 |
| OPM % | 3.22% | 2.29% | 2.59% | 6.30% | 6.64% | 5.88% |
| 0.00 | 0.04 | 0.12 | 0.16 | 0.01 | 0.00 | |
| Interest | 0.18 | 0.16 | 0.14 | 0.10 | 0.12 | 0.12 |
| Depreciation | 0.15 | 0.11 | 0.09 | 0.55 | 0.93 | 1.11 |
| Profit before tax | 0.05 | 0.05 | 0.59 | 1.42 | 1.83 | 1.85 |
| Tax % | 100.00% | 40.00% | 16.95% | 27.46% | 26.78% | 29.73% |
| 0.00 | 0.04 | 0.49 | 1.02 | 1.34 | 1.29 | |
| EPS in Rs | 0.00 | 1.91 | 3.90 | 1.23 | 1.62 | 1.14 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 25% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.21 | 0.21 | 1.26 | 8.27 | 8.27 | 11.30 |
| Reserves | 1.24 | 1.28 | 0.77 | 10.61 | 17.51 | 29.87 |
| 1.54 | 1.78 | 1.23 | 1.13 | 1.10 | 1.02 | |
| 4.13 | 3.87 | 5.68 | 3.72 | 1.78 | 1.59 | |
| Total Liabilities | 7.12 | 7.14 | 8.94 | 23.73 | 28.66 | 43.78 |
| 0.81 | 0.71 | 0.37 | 4.15 | 5.01 | 4.89 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.31 | 6.43 | 8.57 | 19.58 | 23.65 | 38.89 | |
| Total Assets | 7.12 | 7.14 | 8.94 | 23.73 | 28.66 | 43.78 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.30 | -0.08 | 0.18 | -5.72 | -9.28 | ||
| -0.02 | -0.01 | 0.36 | -4.17 | -1.78 | ||
| -0.26 | 0.08 | -0.50 | 15.63 | 5.43 | ||
| Net Cash Flow | 0.02 | -0.01 | 0.04 | 5.74 | -5.63 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 70.28 | 89.16 | 55.20 | 56.54 | 16.13 | 33.43 |
| Inventory Days | 191.01 | 123.38 | 48.27 | 122.84 | 208.18 | 285.06 |
| Days Payable | 192.65 | 160.22 | 85.88 | 33.95 | 5.37 | 5.04 |
| Cash Conversion Cycle | 68.63 | 52.32 | 17.58 | 145.43 | 218.94 | 313.45 |
| Working Capital Days | 57.89 | 67.99 | 34.36 | 120.30 | 184.10 | 261.02 |
| ROCE % | 6.71% | 18.99% | 11.69% | 8.32% | 5.70% |
Documents
Announcements
- Results For The Half Year And Year Ended 31.03.2025 As Per The Clarification Sought By Exchange 22 May
-
Financial Results For Half Year And Year Ended 31.03.2025
21 May - Board approved audited standalone and consolidated financial results for FY 2024-25 with unmodified auditor opinion.
- Financial Results For Half Year And Year Ended 31.03.2025 20 May
-
Board Meeting Outcome for Results For Half Year And Year Ended 31.03.2025
20 May - Audited standalone and consolidated financial results approved for FY 2024-25 with unmodified audit opinion.
-
Announcement Regarding Trademark Registration
17 May - Received trademark certificate for 'DLV JEWELRY' under Class 35 from Indian Trade Marks Registry.
Business Overview:[1][2]
DLTVL is in the business of manufacturing, marketing and sourcing of Lab-grown & Natural diamonds. It uses Microwave plasma chemical vapor deposition (MPCVD) technology to create lab-grown diamonds. Their diamonds have GIA and IGI Certifications.