DCM Nouvelle Ltd
Established in 1991, DCM commenced its spinning operations at its manufacturing plant in Hisar. DCM Nouvelle is leading manufacturer & exporter of 100% cotton carded and combed yarns .
Later in 2017, the company started manufacturing cotton slub yarns.
Company's plant is located at Hisar and has a capacity for monthly production of 2500 MT. [1]
- Market Cap ₹ 335 Cr.
- Current Price ₹ 179
- High / Low ₹ 386 / 140
- Stock P/E 2.84
- Book Value ₹ 164
- Dividend Yield 0.00 %
- ROCE 42.0 %
- ROE 50.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.09 times its book value
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
- Debtor days have improved from 42.9 to 33.1 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
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 668 | 585 | 563 | 909 | 977 | |
| 0 | 0 | 605 | 554 | 504 | 735 | 812 | |
| Operating Profit | 0 | -0 | 63 | 31 | 59 | 175 | 165 |
| OPM % | 9% | 5% | 11% | 19% | 17% | ||
| 0 | 0 | 8 | 4 | 6 | 8 | 9 | |
| Interest | 0 | 0 | 14 | 12 | 8 | 6 | 6 |
| Depreciation | 0 | 0 | 17 | 16 | 16 | 12 | 10 |
| Profit before tax | 0 | -0 | 39 | 7 | 41 | 164 | 157 |
| Tax % | 0% | 0% | 34% | 26% | 25% | ||
| Net Profit | 0 | -0 | 39 | 4 | 31 | 123 | 118 |
| EPS in Rs | 2.31 | 16.33 | 65.74 | 62.94 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 82% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 28% |
| Last Year: | 50% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| 0 | 0 | 19 | 19 | 19 | 19 | |
| Reserves | 0 | -0 | 131 | 135 | 165 | 288 |
| 0 | 0 | 176 | 179 | 165 | 156 | |
| 0 | 0 | 32 | 45 | 40 | 42 | |
| Total Liabilities | 0 | 0 | 358 | 378 | 389 | 505 |
| 0 | 0 | 94 | 95 | 96 | 132 | |
| CWIP | 0 | 0 | 0 | 12 | 0 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 263 | 271 | 294 | 357 | |
| Total Assets | 0 | 0 | 358 | 378 | 389 | 505 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| 0 | -0 | 62 | 35 | 29 | 86 | |
| 0 | 0 | -12 | -34 | -7 | -66 | |
| 0 | 0 | -40 | -10 | -23 | -16 | |
| Net Cash Flow | 0 | -0 | 10 | -9 | -1 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| Debtor Days | 36 | 35 | 60 | 33 | ||
| Inventory Days | 134 | 158 | 132 | 143 | ||
| Days Payable | 6 | 13 | 11 | 7 | ||
| Cash Conversion Cycle | 164 | 180 | 181 | 169 | ||
| Working Capital Days | 114 | 126 | 156 | 118 | ||
| ROCE % | -22% | 33% | 6% | 14% | 42% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Aug - Copies of the notice of the date of the Sixth Annual General Meeting of the Company and Information on E-voting and other related information, published …
- Reg. 34 (1) Annual Report. 11 Aug
- SIXTH ANNUAL GENERAL MEETING ('AGM') OF DCM NOUVELLE LIMITED ('COMPANY') IS SCHEDULED TO BE HELD ON TUESDAY, SEPTEMBER 06, 2022 AT 11.00 A.M. IST 11 Aug
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 Aug
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Jul
Well recognised brand
DCM's brand Primero and Dinero are well recognised in the markets among high end customers due to controlled contaminations and better tensile properties.
During 2020, DCM has launched its latest brand CCY i.e.. Contamination Controlled Yarn which is produced from unit 1.
It has a strong presence in domestic markets and have exported its products to more than 30 countries. [1]