DCM Ltd

DCM Ltd

₹ 72.0 0.07%
28 Mar - close price
About

Incorporated in 1977, DCM Ltd is in the business of Textiles, Grey iron casting, IT Infrastructure Service and Real Estate[1]

Key Points

Business Divisions:[1][2]
a) Engineering Division:
This division is handled by company's wholly owned subsidiary DCM Engineering Limited. It manufactures grey iron castings which is supplied to auto companies. DCM also specialises in cylinder heads, cylinder blocks, and housing.
b) Real Estate Division:
Company initiated development of its land parcel admeasuring about 68.35 acres at, Hisar, Haryana. and entered into Joint Development Agreement to develop Hisar land under Deen Dayal Jan Awas Yojna. DCM Limited is designated as Promoter of the
Project in the HRERA Registration. However, Director Town and Country Planning, Haryana, Chandigarh (DTCP) vide its order on April 18th, 2023 suspended the said Licence, taking a note that an enquiry has been initiated against the Company by Deputy Commissioner, Hisar in respect of their Hisar land. In the said order DTCP has also directed the licensee not to carry out any development work in the colony and not to create any 3rd party right unless the said suspension is revoked. Company is taking appropriate action in the matter for revocation of said suspension order
c) IT Business:
DCML is in the business of providing IT Infrastructure services in networking, analytics, cloud and digital technologies through its wholly owned subsidiary viz. DCM Infotech Limited. The subsidiary provides IT services and related software domain viz. cloud, digital transformation, mobile applications, and VR, AI-ML RPA and NLP based technologies

  • Market Cap 134 Cr.
  • Current Price 72.0
  • High / Low 104 / 62.0
  • Stock P/E
  • Book Value 2.04
  • Dividend Yield 0.00 %
  • ROCE -20.1 %
  • ROE -61.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 35.3 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -85.6% over past five years.
  • Company has a low return on equity of -121% over last 3 years.
  • Company has high debtors of 852 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.50 0.24 0.07 0.01 0.09 0.93 0.00 0.00 0.06 0.00 1.39 0.74 1.20
1.97 2.78 0.97 0.99 0.84 3.45 1.58 1.94 2.44 2.72 2.38 2.10 1.69
Operating Profit -1.47 -2.54 -0.90 -0.98 -0.75 -2.52 -1.58 -1.94 -2.38 -2.72 -0.99 -1.36 -0.49
OPM % -294.00% -1,058.33% -1,285.71% -9,800.00% -833.33% -270.97% -3,966.67% -71.22% -183.78% -40.83%
0.05 3.75 12.91 8.36 1.80 12.92 1.45 8.09 0.43 0.91 0.96 0.04 0.12
Interest 2.20 2.24 1.88 1.97 1.93 0.01 1.57 -0.41 0.43 0.52 0.49 0.50 0.50
Depreciation 2.14 2.13 2.03 1.93 1.87 1.79 1.70 1.57 1.49 1.55 1.12 0.95 0.93
Profit before tax -5.76 -3.16 8.10 3.48 -2.75 8.60 -3.40 4.99 -3.87 -3.88 -1.64 -2.77 -1.80
Tax % 0.00% 0.00% 0.00% -10.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-5.76 -3.16 8.10 3.83 -2.75 8.60 -3.40 4.99 -3.87 -3.88 -1.64 -2.77 -1.80
EPS in Rs -3.08 -1.69 4.33 2.05 -1.47 4.60 -1.82 2.67 -2.07 -2.07 -0.88 -1.48 -0.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
347 386 469 576 900 951 959 389 129 0 1 0 3
358 330 412 526 844 902 941 407 165 8 6 9 9
Operating Profit -11 56 57 50 56 49 18 -18 -36 -8 -5 -9 -6
OPM % -3% 14% 12% 9% 6% 5% 2% -5% -28% -1,528% -462% -14,383% -167%
45 10 22 8 13 16 9 50 28 5 36 11 2
Interest 20 15 12 20 33 30 26 13 11 9 6 2 2
Depreciation 10 10 12 25 36 36 36 17 12 9 8 6 5
Profit before tax 5 41 55 13 0 -2 -36 2 -31 -20 17 -6 -10
Tax % -20% 29% 35% -10% -1,728% -6% 0% 0% 2% 0% -2% 0%
5 29 36 14 3 -3 -36 2 -31 -20 18 -6 -10
EPS in Rs 3.13 16.67 20.80 8.00 1.89 -1.34 -19.01 1.07 -16.44 -10.68 9.51 -3.29 -5.39
Dividend Payout % 80% 18% 14% 37% 79% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -58%
5 Years: -86%
3 Years: -92%
TTM: 236%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 23%
TTM: -260%
Stock Price CAGR
10 Years: 4%
5 Years: 17%
3 Years: 45%
1 Year: 2%
Return on Equity
10 Years: -5%
5 Years: -24%
3 Years: -121%
Last Year: -62%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 17 17 17 17 17 19 19 19 19 19 19 19 19
Reserves 142 166 196 201 220 209 174 176 -4 -24 -5 -11 -15
159 156 223 234 349 361 289 249 29 31 23 0 0
86 76 65 63 90 94 162 145 88 105 73 92 90
Total Liabilities 405 415 501 516 677 682 643 589 131 131 109 99 94
72 71 80 164 263 232 197 173 59 50 42 33 31
CWIP 0 1 63 0 0 1 2 1 0 0 0 0 0
Investments 70 70 76 76 34 33 33 34 33 32 32 32 32
262 273 283 276 380 416 411 382 38 48 35 34 30
Total Assets 405 415 501 516 677 682 643 589 131 131 109 99 94

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
124 36 42 57 53 27 88 77 4 -1 6 15
4 -11 -91 -36 -26 -10 6 -4 37 1 2 -0
-127 -25 49 -15 -28 -15 -99 -67 -54 -0 -8 -15
Net Cash Flow 1 -0 0 6 -1 1 -5 6 -14 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 88 71 57 67 53 41 45 92 2 124 46 852
Inventory Days 120 160 140 91 122 147 141 516 75 9,428
Days Payable 29 20 22 20 37 29 70 195 309 6,855
Cash Conversion Cycle 179 211 175 138 138 159 116 413 -232 124 2,619 852
Working Capital Days 120 149 141 105 84 98 75 162 -170 -32,748 -6,782 -239,562
ROCE % 2% 17% 13% 7% 6% 5% -2% 3% -18% -34% 28% -20%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54% 48.54%
0.00% 0.00% 0.00% 0.04% 0.01% 0.00% 0.06% 0.11% 0.00% 0.00% 0.01% 0.05%
6.44% 6.44% 6.43% 6.42% 6.37% 6.38% 6.15% 4.15% 3.97% 3.67% 3.35% 3.35%
45.02% 45.02% 45.03% 45.00% 45.08% 45.08% 45.25% 47.18% 47.46% 47.77% 48.10% 48.06%
No. of Shareholders 28,08227,23226,69526,08726,33726,40928,14026,38924,21424,20324,77225,678

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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