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 ₹ 312 Cr.
- Current Price ₹ 167
- High / Low ₹ 215 / 127
- Stock P/E 23.0
- Book Value ₹ 171
- Dividend Yield 0.00 %
- ROCE 5.24 %
- ROE 4.33 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.95 times its book value
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| 909 | 864 | |
| 735 | 833 | |
| Operating Profit | 174 | 32 |
| OPM % | 19% | 4% |
| 8 | 3 | |
| Interest | 6 | 6 |
| Depreciation | 12 | 10 |
| Profit before tax | 164 | 18 |
| Tax % | 25% | 36% |
| Net Profit | 123 | 12 |
| EPS in Rs | 65.64 | 6.57 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -89% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 85% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| 19 | 19 | |
| Reserves | 288 | 300 |
| 156 | 265 | |
| 42 | 63 | |
| Total Liabilities | 505 | 647 |
| 132 | 276 | |
| CWIP | 16 | 11 |
| Investments | 0 | 0 |
| 357 | 359 | |
| Total Assets | 505 | 647 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| 87 | 48 | |
| -67 | -149 | |
| -16 | 102 | |
| Net Cash Flow | 4 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| Debtor Days | 33 | 25 |
| Inventory Days | 143 | 121 |
| Days Payable | 7 | 11 |
| Cash Conversion Cycle | 169 | 135 |
| Working Capital Days | 118 | 119 |
| ROCE % | 5% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report of the DCM Nouvelle Limited for the financial year ended March 31, 2023 issued by Pragnya Parimita Pradhan, Proprietor of Pragnya …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 May
Well Recognised Brand
DCM's brands 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 has exported its products to more than 30 countries. [1]