Dev Labtech Venture Ltd
Incorporated in 1993, Dev Labtech Venture Ltd manufactures polished diamond and lab grown diamond[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 22.9
- High / Low ₹ 31.5 / 13.8
- Stock P/E 10,886
- Book Value ₹ 9.24
- Dividend Yield 0.00 %
- ROCE 1.21 %
- ROE 0.02 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.69% over last 3 years.
- Promoter holding has decreased over last 3 years: -11.3%
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 11.79 | 12.24 | 26.98 | 30.34 | 43.22 | 52.41 | 59.30 | |
| 11.41 | 11.96 | 26.28 | 28.43 | 40.35 | 49.33 | 57.65 | |
| Operating Profit | 0.38 | 0.28 | 0.70 | 1.91 | 2.87 | 3.08 | 1.65 |
| OPM % | 3.22% | 2.29% | 2.59% | 6.30% | 6.64% | 5.88% | 2.78% |
| 0.00 | 0.04 | 0.12 | 0.16 | 0.01 | 0.00 | 0.03 | |
| Interest | 0.18 | 0.16 | 0.14 | 0.10 | 0.12 | 0.12 | 0.11 |
| Depreciation | 0.15 | 0.11 | 0.09 | 0.55 | 0.93 | 1.11 | 1.14 |
| Profit before tax | 0.05 | 0.05 | 0.59 | 1.42 | 1.83 | 1.85 | 0.43 |
| Tax % | 100.00% | 40.00% | 16.95% | 27.46% | 26.78% | 29.73% | 97.67% |
| 0.00 | 0.04 | 0.49 | 1.02 | 1.34 | 1.29 | 0.01 | |
| EPS in Rs | 0.00 | 0.50 | 0.98 | 0.31 | 0.41 | 0.29 | 0.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 25% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -24% |
| 3 Years: | -78% |
| TTM: | -99% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| 1 Year: | 33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.21 | 0.21 | 1.26 | 8.27 | 8.27 | 11.30 | 11.86 |
| Reserves | 1.24 | 1.28 | 0.77 | 10.61 | 17.51 | 29.87 | 31.92 |
| 1.54 | 1.78 | 1.23 | 1.13 | 1.10 | 1.07 | 3.24 | |
| 4.13 | 3.87 | 5.68 | 3.72 | 1.79 | 1.53 | 3.89 | |
| Total Liabilities | 7.12 | 7.14 | 8.94 | 23.73 | 28.67 | 43.77 | 50.91 |
| 0.81 | 0.71 | 0.37 | 4.15 | 5.01 | 4.89 | 3.95 | |
| CWIP | 0.00 | 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 | 1.27 |
| 6.31 | 6.43 | 8.57 | 19.58 | 23.66 | 38.88 | 45.69 | |
| Total Assets | 7.12 | 7.14 | 8.94 | 23.73 | 28.67 | 43.77 | 50.91 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.30 | -0.08 | 0.18 | -5.72 | -9.28 | -13.06 | -3.11 | |
| -0.02 | -0.01 | 0.36 | -4.17 | -1.78 | -0.99 | -1.47 | |
| -0.26 | 0.08 | -0.50 | 15.63 | 5.43 | 13.94 | 4.72 | |
| Net Cash Flow | 0.02 | -0.01 | 0.04 | 5.74 | -5.63 | -0.11 | 0.13 |
| Free Cash Flow | 0.28 | -0.09 | 0.54 | -9.89 | -11.07 | -14.05 | -4.58 |
| CFO/OP | 79% | -25% | 27% | -287% | -310% | -404% | -167% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 70.28 | 89.16 | 55.20 | 56.54 | 16.13 | 33.43 | 30.84 |
| Inventory Days | 191.01 | 123.38 | 48.27 | 122.84 | 208.18 | 285.06 | 279.19 |
| Days Payable | 192.65 | 160.22 | 85.88 | 33.95 | 5.37 | 5.04 | 20.38 |
| Cash Conversion Cycle | 68.63 | 52.32 | 17.58 | 145.43 | 218.94 | 313.45 | 289.65 |
| Working Capital Days | 46.44 | 56.36 | 33.28 | 119.58 | 183.94 | 261.02 | 257.59 |
| ROCE % | 6.71% | 18.99% | 11.69% | 8.32% | 5.70% | 1.21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Export Sales as % of Total Product Sales % |
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| Total Permanent Employees employees |
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Extracted by Screener AI
Documents
Announcements
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Intimation For Appointment Of Secretarial Auditor & Internal Auditor Of The Company
29 May - Board approved FY26 audited standalone and consolidated results; appointed secretarial and internal auditors for FY27.
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Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended 31St March, 2026.
29 May - Audited FY26 standalone and consolidated results approved on 29 May 2026; auditors issued unmodified opinion.
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Board Meeting Outcome for For Board Meeting Held On 29Th May, 2026.
29 May - Board approved FY26 audited standalone/consolidated results; auditors appointed for FY27; unmodified opinion received.
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Board Meeting Intimation for Meeting Of Board Of Director To Be Held On 29.05.2026.
20 May - Board meeting on 29 May 2026 to approve audited FY26 financial statements and results; trading window closed.
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Announcement under Regulation 30 (LODR)-Allotment
18 May - Board approved 1:1 bonus issue on 18 May 2026; shares doubled to 4,74,52,556.
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.