DB (International) Stock Brokers Ltd
DB (International) Stock Brokers Ltd was incorporated in 1992 under the name of Vinayak Industries Ltd. The Company is engaged in a single line of business i.e. stock broking and provides depository participant services of CDSL. [1]
The Company has one wholly owned subsidiary Company in the name of Daga Business (International) Stock Brokers (IFSC) Private Limited. [2]
- Market Cap ₹ 81.6 Cr.
- Current Price ₹ 23.3
- High / Low ₹ 41.4 / 17.7
- Stock P/E 10.0
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE 23.8 %
- ROE 17.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 85.7% CAGR over last 5 years
- Debtor days have improved from 55.5 to 21.9 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 30.0%
- Company has a low return on equity of 8.19% over last 3 years.
- Contingent liabilities of Rs.46.3 Cr.
* 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: Stock/ Commodity Brokers Industry: Finance & Investments
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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11.13 | 12.05 | 14.08 | 11.91 | 8.56 | 5.99 | 4.70 | 5.87 | 1.97 | 9.76 | 17.50 | 27.37 | 27.30 | |
7.84 | 8.12 | 4.86 | 5.02 | 4.72 | 4.50 | 4.07 | 4.79 | 4.71 | 5.73 | 12.20 | 16.04 | 15.69 | |
Operating Profit | 3.29 | 3.93 | 9.22 | 6.89 | 3.84 | 1.49 | 0.63 | 1.08 | -2.74 | 4.03 | 5.30 | 11.33 | 11.61 |
OPM % | 29.56% | 32.61% | 65.48% | 57.85% | 44.86% | 24.87% | 13.40% | 18.40% | -139.09% | 41.29% | 30.29% | 41.40% | 42.53% |
0.03 | 0.02 | 0.03 | 0.04 | 0.00 | 0.00 | 0.00 | 0.01 | -0.56 | 0.00 | 0.01 | 0.14 | 0.22 | |
Interest | 0.32 | 0.48 | 0.65 | 0.84 | 0.95 | 0.25 | 0.07 | 0.12 | 0.18 | 0.44 | 0.27 | 0.58 | 0.62 |
Depreciation | 0.53 | 0.61 | 0.48 | 0.31 | 0.26 | 0.15 | 0.11 | 0.10 | 0.28 | 0.31 | 0.20 | 0.72 | 0.64 |
Profit before tax | 2.47 | 2.86 | 8.12 | 5.78 | 2.63 | 1.09 | 0.45 | 0.87 | -3.76 | 3.28 | 4.84 | 10.17 | 10.57 |
Tax % | 32.79% | 16.08% | 17.98% | 19.20% | 29.66% | 34.86% | 22.22% | 32.18% | 31.38% | 36.28% | 94.01% | 21.83% | |
Net Profit | 1.66 | 2.40 | 6.66 | 4.66 | 1.85 | 0.70 | 0.36 | 0.60 | -2.57 | 2.09 | 0.29 | 7.95 | 8.14 |
EPS in Rs | 0.47 | 0.69 | 1.90 | 1.33 | 0.53 | 0.20 | 0.10 | 0.17 | -0.73 | 0.60 | 0.08 | 2.27 | 2.32 |
Dividend Payout % | 42.17% | 43.75% | 15.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 42% |
3 Years: | 140% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 86% |
3 Years: | 81% |
TTM: | 313% |
Stock Price CAGR | |
---|---|
10 Years: | -13% |
5 Years: | 18% |
3 Years: | 31% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 8% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | |
Reserves | 18.67 | 19.84 | 25.28 | 31.17 | 32.79 | 33.49 | 33.76 | 34.37 | 31.80 | 33.92 | 34.23 | 42.28 | 46.03 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | |
6.17 | 5.78 | 5.15 | 14.63 | 22.85 | 10.04 | 2.98 | 5.84 | 12.97 | 16.95 | 18.66 | 44.05 | 70.69 | |
Total Liabilities | 31.84 | 32.62 | 37.43 | 52.80 | 62.64 | 50.53 | 43.74 | 47.21 | 51.77 | 57.96 | 59.89 | 93.33 | 123.72 |
2.03 | 1.64 | 1.16 | 0.85 | 0.36 | 0.36 | 0.30 | 3.58 | 0.63 | 0.39 | 0.84 | 1.07 | 2.93 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.19 | 0.17 | 0.72 | 0.62 | 0.62 | 0.62 | 0.62 | 1.87 | 1.84 | 2.28 | 2.08 | 11.34 | 12.67 |
29.62 | 30.81 | 35.55 | 51.33 | 61.66 | 49.55 | 42.82 | 41.76 | 49.30 | 55.29 | 56.97 | 80.92 | 108.12 | |
Total Assets | 31.84 | 32.62 | 37.43 | 52.80 | 62.64 | 50.53 | 43.74 | 47.21 | 51.77 | 57.96 | 59.89 | 93.33 | 123.72 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.31 | 1.80 | 0.01 | 0.00 | 17.62 | -0.02 | -6.91 | 3.00 | -2.64 | 9.70 | 5.87 | 21.54 | |
0.12 | 1.46 | 0.00 | 0.00 | 0.00 | 0.00 | 7.52 | -4.77 | -2.13 | -1.81 | -11.40 | -14.02 | |
-0.67 | -0.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.08 | -0.12 | -0.13 | |
Net Cash Flow | 0.76 | 2.57 | 0.01 | 0.00 | 17.62 | -0.02 | 0.61 | -1.77 | -4.79 | 7.97 | -5.66 | 7.39 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 29.51 | 7.27 | 5.18 | 7.66 | 17.91 | 12.19 | 24.85 | 16.79 | 255.69 | 114.81 | 29.83 | 21.87 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 29.51 | 7.27 | 5.18 | 7.66 | 17.91 | 12.19 | 24.85 | 16.79 | 255.69 | 114.81 | 29.83 | 21.87 |
Working Capital Days | -108.22 | -114.50 | -59.88 | -164.88 | -884.78 | -548.41 | -128.91 | -113.79 | -781.88 | -457.37 | -324.75 | -505.96 |
ROCE % | 11.04% | 12.72% | 29.63% | 18.79% | 9.18% | 3.34% | 1.28% | 2.39% | -7.53% | 9.32% | 12.43% | 23.75% |
Documents
Announcements
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 18 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the Quarter (Q-3) ended 31st December, 2022
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 13 Jan
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 13 Jan
- Closure of Trading Window 29 Dec
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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