Dangee Dums Ltd
Incorporated in 2010, Dangee Dums
Ltd is in the business of manufacturing
and trading of Bakery & Confectionery
Products[1]
- Market Cap ₹ 136 Cr.
- Current Price ₹ 8.80
- High / Low ₹ 15.6 / 7.65
- Stock P/E
- Book Value ₹ 1.11
- Dividend Yield 0.00 %
- ROCE 5.00 %
- ROE -2.98 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 28.7 days to 11.2 days
Cons
- Stock is trading at 7.91 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.79% over past five years.
- Company has a low return on equity of -15.3% 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.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | 0.97 | 2.00 | 36.29 | 38.32 | 35.35 | 13.44 | 20.56 | 25.53 | 25.09 | |
| 0.18 | 1.62 | 2.52 | 26.03 | 29.69 | 25.82 | 14.29 | 16.16 | 19.19 | 19.37 | |
| Operating Profit | -0.15 | -0.65 | -0.52 | 10.26 | 8.63 | 9.53 | -0.85 | 4.40 | 6.34 | 5.72 |
| OPM % | -500.00% | -67.01% | -26.00% | 28.27% | 22.52% | 26.96% | -6.32% | 21.40% | 24.83% | 22.80% |
| -0.00 | -0.00 | -0.00 | 0.29 | 0.53 | 1.38 | 0.10 | 2.49 | 1.01 | 1.35 | |
| Interest | -0.00 | -0.00 | 0.07 | 3.93 | 2.42 | 4.59 | 3.66 | 3.03 | 2.74 | 2.70 |
| Depreciation | -0.00 | -0.00 | 0.24 | 5.82 | 5.25 | 8.85 | 7.54 | 5.99 | 5.24 | 5.02 |
| Profit before tax | -0.15 | -0.65 | -0.83 | 0.80 | 1.49 | -2.53 | -11.95 | -2.13 | -0.63 | -0.65 |
| Tax % | -0.00% | 1.54% | -0.00% | -70.00% | -43.62% | 18.97% | 15.98% | 43.66% | -1.59% | |
| -0.15 | -0.64 | -0.84 | 1.36 | 2.15 | -2.05 | -10.04 | -1.20 | -0.63 | -0.64 | |
| EPS in Rs | 0.12 | 0.14 | -0.13 | -0.65 | -0.08 | -0.04 | -0.04 | |||
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | -7% |
| 3 Years: | -10% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -131% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -6% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | -15% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 7.55 | 10.27 | 10.27 | 10.27 | 10.27 | 15.40 | 15.40 |
| Reserves | -0.15 | -0.80 | -1.64 | 5.20 | 24.26 | 18.60 | 8.67 | 7.47 | 1.75 | 1.74 |
| 1.22 | 2.15 | 3.86 | 28.81 | 16.88 | 15.22 | 35.09 | 28.02 | 25.94 | 24.07 | |
| 0.31 | 0.14 | 0.24 | 3.29 | 2.78 | 33.93 | 1.89 | 2.12 | 2.36 | 3.17 | |
| Total Liabilities | 1.39 | 1.50 | 2.47 | 44.85 | 54.19 | 78.02 | 55.92 | 47.88 | 45.45 | 44.38 |
| 0.81 | 0.99 | 1.80 | 21.58 | 22.11 | 49.82 | 31.19 | 24.51 | 21.60 | 20.82 | |
| CWIP | -0.00 | -0.00 | -0.00 | 0.28 | 0.74 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | 0.02 | 5.40 | 2.21 | 0.37 | 0.24 | 0.14 | 0.16 |
| 0.58 | 0.51 | 0.67 | 22.97 | 25.94 | 25.99 | 24.36 | 23.13 | 23.71 | 23.40 | |
| Total Assets | 1.39 | 1.50 | 2.47 | 44.85 | 54.19 | 78.02 | 55.92 | 47.88 | 45.45 | 44.38 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| -0.00 | -0.00 | -0.00 | -2.11 | 6.58 | 7.96 | 2.19 | 7.34 | 5.79 | |
| -0.00 | -0.00 | -0.00 | -8.53 | -11.22 | -0.71 | 0.84 | 0.16 | 0.88 | |
| -0.00 | -0.00 | -0.00 | 12.26 | 5.22 | -9.11 | -2.92 | -8.14 | -6.79 | |
| Net Cash Flow | -0.00 | -0.00 | -0.00 | 1.62 | 0.58 | -1.85 | 0.12 | -0.65 | -0.12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | -0.00 | 3.76 | 10.95 | 41.74 | 19.81 | 16.93 | 45.08 | 3.73 | 2.29 |
| Inventory Days | 96.05 | 85.00 | 105.44 | 163.80 | 82.35 | 57.69 | 78.34 | ||
| Days Payable | 42.26 | 33.93 | 22.46 | 31.28 | 21.35 | 28.59 | 33.87 | ||
| Cash Conversion Cycle | -0.00 | 3.76 | 64.74 | 92.81 | 102.80 | 149.46 | 106.08 | 32.83 | 46.75 |
| Working Capital Days | -365.00 | 41.39 | 47.45 | 19.11 | 18.10 | -6.61 | 69.80 | 5.15 | 11.15 |
| ROCE % | -53.28% | -42.34% | 9.06% | 4.77% | -11.54% | 1.82% | 5.00% |
Business Overview:[1][2]
DDL is a part of Aromen Hospitality Pvt Ltd., involved in the business of cakes, chocolates & desserts. It operates through a Company Owned Company Operated model (COCO). It manufactures their products and sells them under its label, the company also owns all of its stores and currently operates across 2 formats:
a) The regular Dangee Dums stores (300 square feet) which is cakery format
b) Dangee Dums Yums (1200 square feet+) which is a dessert café format
c) Company currently operates through 43 COCO stores across 3 formats:
~3 stores (Panjarapole, Shyamal and Bopal) in Ahmedabad, are in the Dangee Dums Yums format,
~1 store in the Dangee Dums Gourmet (Shyamal) ~39 are regular cakery format stores
d) The brand is present in 4 cities with 36 stores in Ahmedabad, 4 stores in Baroda, 2 stores in Anand and 1 store in Gandhinagar