Dev Labtech Venture Ltd
Incorporated in 1993, Dev Labtech Venture Ltd manufactures polished diamond and lab grown diamond[1]
- Market Cap ₹ 131 Cr.
- Current Price ₹ 27.6
- High / Low ₹ 31.5 / 13.8
- Stock P/E 13.7
- Book Value ₹ 10.7
- Dividend Yield 0.00 %
- ROCE 21.0 %
- ROE 20.8 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 185 days to 109 days
Cons
- Stock is trading at 2.57 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 11.6% over last 3 years.
- Company has high debtors of 178 days.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 43 | 52 | 167 | |
| 40 | 49 | 156 | |
| Operating Profit | 3 | 3 | 11 |
| OPM % | 7% | 6% | 7% |
| 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 10 |
| Tax % | 27% | 30% | 4% |
| 1 | 1 | 10 | |
| EPS in Rs | 0.41 | 0.29 | 2.02 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 219% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 642% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| 1 Year: | 83% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 8 | 11 | 12 |
| Reserves | 18 | 30 | 39 |
| 1 | 1 | 3 | |
| 2 | 2 | 111 | |
| Total Liabilities | 29 | 44 | 165 |
| 5 | 5 | 4 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 24 | 39 | 161 | |
| Total Assets | 29 | 44 | 165 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -9 | -13 | ||
| -2 | -1 | ||
| 5 | 14 | ||
| Net Cash Flow | -6 | -0 | |
| Free Cash Flow | -11 | -14 | |
| CFO/OP | -310% | -404% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 16 | 33 | 178 |
| Inventory Days | 208 | 285 | 193 |
| Days Payable | 5 | 5 | 281 |
| Cash Conversion Cycle | 219 | 313 | 89 |
| Working Capital Days | 184 | 261 | 109 |
| ROCE % | 6% | 21% |
Insights
In beta| Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Electricity Consumption units ・Standalone data |
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| Gas Consumption Liters ・Standalone data |
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| Solar Power (18kw) Generation units ・Standalone data |
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| Total Employees Number ・Standalone data |
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| Lab Grown Diamonds Order Received (specific orders announced) Carats ・Standalone data |
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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.