Srigee DLM Ltd
Incorporated in 2005, Srigee DLM Limited is a design-led OEM/ODM plastic products manufacturer offering end-to-end manufacturing solutions.[1]
- Market Cap ₹ 43.2 Cr.
- Current Price ₹ 72.3
- High / Low ₹ 323 / 56.8
- Stock P/E 10.7
- Book Value ₹ 60.9
- Dividend Yield 0.00 %
- ROCE 33.9 %
- ROE 29.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.19 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
- Debtor days have improved from 32.8 to 24.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 33.01 | 47.14 | 54.40 | 71.22 | 56.04 | |
| 30.74 | 42.51 | 49.76 | 63.85 | 50.46 | |
| Operating Profit | 2.27 | 4.63 | 4.64 | 7.37 | 5.58 |
| OPM % | 6.88% | 9.82% | 8.53% | 10.35% | 9.96% |
| 0.03 | 0.10 | 0.22 | 0.13 | 0.60 | |
| Interest | 0.34 | 0.43 | 0.30 | 0.29 | 0.49 |
| Depreciation | 0.38 | 0.38 | 0.44 | 0.70 | 0.86 |
| Profit before tax | 1.58 | 3.92 | 4.12 | 6.51 | 4.83 |
| Tax % | 28.48% | 28.32% | 29.37% | 22.89% | |
| 1.13 | 2.81 | 2.92 | 5.01 | 4.04 | |
| EPS in Rs | 62.33 | 15.50 | 6.86 | 11.76 | 8.58 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1.81 | 1.81 | 4.26 | 4.26 | 5.97 |
| Reserves | 5.97 | 8.79 | 10.19 | 15.20 | 30.41 |
| 3.72 | 2.51 | 2.27 | 3.98 | 19.96 | |
| 4.72 | 6.79 | 8.27 | 9.23 | 10.54 | |
| Total Liabilities | 16.22 | 19.90 | 24.99 | 32.67 | 66.88 |
| 6.43 | 6.12 | 6.74 | 8.88 | 8.72 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 9.79 | 13.78 | 18.25 | 23.79 | 58.16 | |
| Total Assets | 16.22 | 19.90 | 24.99 | 32.67 | 66.88 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0.58 | 1.76 | 1.44 | 0.81 | |
| -0.24 | -0.06 | -1.04 | -2.84 | |
| 0.83 | -1.63 | 0.45 | 1.42 | |
| Net Cash Flow | 0.02 | 0.06 | 0.84 | -0.62 |
| Free Cash Flow | -0.83 | 1.69 | 0.38 | -2.03 |
| CFO/OP | -10% | 51% | 50% | 25% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 46.00 | 35.39 | 38.51 | 24.45 |
| Inventory Days | 52.74 | 69.03 | 60.30 | 86.33 |
| Days Payable | 51.19 | 56.84 | 46.27 | 40.44 |
| Cash Conversion Cycle | 47.54 | 47.57 | 52.54 | 70.33 |
| Working Capital Days | 16.92 | 30.89 | 26.84 | 41.61 |
| ROCE % | 35.35% | 29.63% | 33.86% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Actual Production (Vertical) - Injection Moulding & Assembly ₹ Lakhs |
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| Actual Production (Vertical) - Polymer Compounding ₹ Lakhs |
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| Capacity Utilization - Injection Moulding & Assembly % |
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| Capacity Utilization - Polymer Compounding % |
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| Installed Capacity - Injection Moulding & Assembly ₹ Lakhs |
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| Installed Capacity - Polymer Compounding ₹ Lakhs |
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| Revenue Concentration from Top 10 Customers % |
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| Air Cooler Production Capability Units per day |
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| Manufacturing Units Number |
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| Total Installed Capacity ₹ Lakhs |
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Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certificate U/R 74 (5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March 2026
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Closure of Trading Window
25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 Mar 2026.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Outcome Of Analyst Or Investor Meet Held On Wednesday, 25Th February, 2026.
25 Feb - Virtual analyst/investor meet on 25-Feb-2026 4–5pm; MD and WTD attended; no UPSI shared.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Outcome Of Analyst Or Investor Meet Held On Wednesday, 25Th February, 2026
25 Feb - Analyst/investor meet on 25 Feb 2026; MD and WTD attended; virtual; no UPSI.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Feb - Of Schedule of Analyst/Investor Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015
Business Profile[1]
Srigee DLM Limited is a design-led manufacturing company focused on extrusion-based polymer compounding and precision plastic manufacturing, providing end-to-end solutions to OEMs and ODMs in consumer durables, automotive, electronics, and home appliances sectors.