Delaplex Ltd
Incorporated in 2004, Delaplex Ltd specializes
in software development services, supply chain consultancy services and technology services[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 178
- High / Low ₹ 333 / 128
- Stock P/E 16.2
- Book Value ₹ 73.4
- Dividend Yield 1.54 %
- ROCE 26.7 %
- ROE 22.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.5%
Cons
- Tax rate seems low
* 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: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 36.22 | 49.74 | 54.00 | 55.35 | 54.42 | |
| 30.31 | 41.50 | 43.54 | 44.09 | 44.47 | |
| Operating Profit | 5.91 | 8.24 | 10.46 | 11.26 | 9.95 |
| OPM % | 16.32% | 16.57% | 19.37% | 20.34% | 18.28% |
| 0.11 | 0.60 | 1.21 | 1.05 | 2.08 | |
| Interest | 0.20 | 0.22 | 0.19 | 0.22 | 0.00 |
| Depreciation | 0.67 | 0.61 | 0.48 | 0.35 | 0.34 |
| Profit before tax | 5.15 | 8.01 | 11.00 | 11.74 | 11.69 |
| Tax % | 21.55% | 23.72% | 25.18% | 14.14% | |
| 4.04 | 6.12 | 8.23 | 10.08 | 9.98 | |
| EPS in Rs | 11.06 | 10.96 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 24.85% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 9.11 | 9.11 |
| Reserves | 9.46 | 15.58 | 24.87 | 55.54 | 57.72 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.54 | 2.32 | 0.86 | 1.59 | 1.32 | |
| Total Liabilities | 11.01 | 17.91 | 25.74 | 66.24 | 68.15 |
| 0.70 | 0.73 | 0.50 | 0.44 | 0.56 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.60 | 28.80 | 28.75 |
| 10.31 | 17.18 | 24.64 | 37.00 | 38.84 | |
| Total Assets | 11.01 | 17.91 | 25.74 | 66.24 | 68.15 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1.79 | 2.81 | 0.61 | 5.67 | |
| -0.80 | -0.61 | 0.33 | -27.97 | |
| -1.35 | 0.00 | 0.00 | 29.48 | |
| Net Cash Flow | -0.37 | 2.20 | 0.93 | 7.17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 82.13 | 90.70 | 132.95 | 143.23 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 82.13 | 90.70 | 132.95 | 143.23 |
| Working Capital Days | 79.81 | 87.76 | 128.83 | 151.87 |
| ROCE % | 65.68% | 55.30% | 26.72% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
19 April 2025 - Certificate under SEBI regulation 74(5) for quarter ended March 31, 2025 submitted.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
19 April 2025 - Delaplex declares non-applicability of SEBI Corporate Governance norms for FY 2024-25 under SME exemption.
-
General Updates
16 April 2025 - Appointment of Adfactors PR as Investor Relations Agency.
-
Analysts/Institutional Investor Meet/Con. Call Updates
8 April 2025 - Disclosure of analyst/investor meeting held on April 8, 2025.
-
Analysts/Institutional Investor Meet/Con. Call Updates
4 April 2025 - Schedule of one-on-one physical investor meeting with Sagar Doshi in Nagpur on April 8, 2025
Business Overview:[1][2][3]
a) DPL is a software development company which also provides supply chain consultancy services and technology innovation services in India, Europe, and North America
b) Company provides various tech solutions including software-defined data centres, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, artificial intelligence, etc.