Delaplex Ltd
Incorporated in 2004, Delaplex Ltd specializes
in software development services, supply chain consultancy services and technology services[1]
- Market Cap ₹ 117 Cr.
- Current Price ₹ 129
- High / Low ₹ 248 / 126
- Stock P/E 11.2
- Book Value ₹ 85.1
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.4.52 Cr.
- Company has high debtors of 174 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.
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 36 | 50 | 54 | 55 | 56 | 59 | |
| 30 | 42 | 44 | 44 | 45 | 49 | |
| Operating Profit | 6 | 8 | 10 | 11 | 11 | 10 |
| OPM % | 16% | 17% | 19% | 20% | 19% | 17% |
| 0 | 1 | 1 | 1 | 3 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | 8 | 11 | 12 | 14 | 14 |
| Tax % | 22% | 24% | 25% | 14% | 25% | |
| 4 | 6 | 8 | 10 | 10 | 10 | |
| EPS in Rs | 11.06 | 11.35 | 11.49 | |||
| Dividend Payout % | 0% | 0% | 0% | 25% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 9 | 9 | 9 |
| Reserves | 9 | 16 | 25 | 56 | 63 | 68 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 2 | 2 | 1 | 2 | 1 | 7 | |
| Total Liabilities | 11 | 18 | 26 | 66 | 73 | 84 |
| 1 | 1 | 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 29 | 28 | 0 |
| 10 | 17 | 25 | 37 | 45 | 83 | |
| Total Assets | 11 | 18 | 26 | 66 | 73 | 84 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | 3 | 1 | 6 | 1 | |
| -1 | -1 | 0 | -28 | -7 | |
| -1 | 0 | 0 | 29 | -3 | |
| Net Cash Flow | -0 | 2 | 1 | 7 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 82 | 91 | 133 | 143 | 174 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 82 | 91 | 133 | 143 | 174 |
| Working Capital Days | 80 | 88 | 129 | 152 | 194 |
| ROCE % | 66% | 55% | 26% | 20% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
28 November 2025 - Virtual investor meeting with Whitestone Financial Advisors on 28 November 2025; no UPSI.
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Analysts/Institutional Investor Meet/Con. Call Updates
25 November 2025 - Virtual investor/analyst meeting with Whitestone Financial Advisors scheduled 28 November 2025.
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Analysts/Institutional Investor Meet/Con. Call Updates
24 November 2025 - Delaplex H1 FY26 earnings call: INR 390m revenue, INR 92m EBITDA, INR 72m PAT; Nov 19, 2025 transcript.
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Analysts/Institutional Investor Meet/Con. Call Updates
19 November 2025 - H1 FY26 earnings call held 19 Nov 2025; audio recording posted on company website.
-
Press Release
18 November 2025 - H1 FY26 revenue ₹390 Mn, EBITDA ₹92 Mn, PAT ₹72 Mn; BSNL MoU; Blueberry contributed ₹92.1 Mn.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Nov 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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.