Digidrive Distributors Ltd
Incorporated in 2022, Digidrive Distributors
Ltd is in E-Commerce distribution business
of Music storage device, viz. Carvaan, and
its variants[1]
- Market Cap ₹ 72.0 Cr.
- Current Price ₹ 18.7
- High / Low ₹ 36.9 / 15.6
- Stock P/E 10.8
- Book Value ₹ 69.9
- Dividend Yield 0.00 %
- ROCE 3.31 %
- ROE 2.47 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.27 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.36% over last 3 years.
- Earnings include an other income of Rs.10.1 Cr.
- Working capital days have increased from 155 days to 247 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.
Peer comparison
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 28.22 | 31.90 | 27.84 | 27.50 | |
| 27.78 | 33.14 | 28.75 | 28.57 | |
| Operating Profit | 0.44 | -1.24 | -0.91 | -1.07 |
| OPM % | 1.56% | -3.89% | -3.27% | -3.89% |
| 6.95 | 7.24 | 7.96 | 10.08 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.11 |
| Profit before tax | 7.39 | 6.00 | 7.04 | 8.87 |
| Tax % | 22.73% | 27.67% | 25.43% | 25.14% |
| 5.71 | 4.34 | 5.25 | 6.64 | |
| EPS in Rs | 1.13 | 1.36 | 1.72 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 38.56 | 38.56 | 38.56 |
| Reserves | 95.75 | 186.19 | 232.52 | 230.87 |
| 0.00 | 0.00 | 0.02 | 0.39 | |
| 46.05 | 22.24 | 35.51 | 32.60 | |
| Total Liabilities | 141.80 | 246.99 | 306.61 | 302.42 |
| 0.00 | 0.00 | 0.02 | 0.40 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 122.06 | 220.94 | 288.10 | 288.01 |
| 19.74 | 26.05 | 18.49 | 14.01 | |
| Total Assets | 141.80 | 246.99 | 306.61 | 302.42 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -6.95 | 6.64 | -8.38 | 0.27 | |
| 11.95 | -2.91 | 0.96 | -1.78 | |
| 0.00 | 0.00 | 0.00 | 0.35 | |
| Net Cash Flow | 5.00 | 3.73 | -7.41 | -1.16 |
| Free Cash Flow | -6.95 | 6.64 | -8.38 | -5.20 |
| CFO/OP | -1,157% | -682% | 713% | -207% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 29.10 | 37.53 | 28.32 | 37.83 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 29.10 | 37.53 | 28.32 | 37.83 |
| Working Capital Days | 190.65 | 63.39 | 154.97 | 247.27 |
| ROCE % | 3.73% | 2.71% | 3.31% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| International Revenue (Publishing Segment) INR Lacs |
|
||
| Inventory Value (Carvaan) INR Lacs |
|||
| Investments in RPSG Ventures Limited (Fair Value) INR Lacs |
|||
| Permanent Employee Count Number |
|||
| Operating Profit Margin (OPM) % |
|||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Digidrive filed FY2026 secretarial compliance report; no non-compliances observed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 May - Intimation of Newspaper Publication for Audited Financial Results for the quarter and year ended March 31, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Of Audited Financial Results For The Quarter And Year Ended March 31, 2026
21 May - Board approved audited standalone and consolidated results for FY2026; auditors issued unmodified opinion.
-
Financial Results For The Quarter And Year Ended March 31, 2026
21 May - Board approved audited standalone and consolidated FY26 results on 21 May 2026; auditors issued unmodified opinion.
-
Board Meeting Intimation for Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Financial Year Ended March 31, 2026.
12 May - Board meeting on May 21, 2026 to approve audited standalone and consolidated FY26 results.
Business Overview:[1][2]
a) DDL is a part of the RP Sanjiv Goenka Group company based in Kolkata.
b) It is a master distributor for retailing goods on digital marketplaces.
c) Company’s marketplace provides customizable online store front solutions on a scalable platform, including mobile applications, digital product catalogue, content management, promotions handling, access to payment gateways and fulfilment services.
d) The marketplace enables merchants
to access customers across multiple sales channels and provides cost-effective marketing and distribution solutions.
e) It provides end-to-end distribution services, including proper inventory management, streamlined order processing and fulfillment.
f) Through their subsidiary Open Media Network Private Limited, they publish their own weekly current affairs and feature magazine “OPEN”.