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 ₹ 122 Cr.
- Current Price ₹ 31.6
- High / Low ₹ 55.0 / 25.2
- Stock P/E 15.4
- Book Value ₹ 71.2
- Dividend Yield 0.00 %
- ROCE 3.92 %
- ROE 3.16 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.45 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.8.28 Cr.
- Working capital days have increased from 112 days to 158 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 42.93 | 47.63 | 49.78 | |
| 43.55 | 48.93 | 47.84 | |
| Operating Profit | -0.62 | -1.30 | 1.94 |
| OPM % | -1.44% | -2.73% | 3.90% |
| 7.43 | 7.39 | 8.28 | |
| Interest | 0.06 | 0.03 | 0.08 |
| Depreciation | 0.42 | 0.39 | 0.40 |
| Profit before tax | 6.33 | 5.67 | 9.74 |
| Tax % | 26.54% | 28.57% | 18.79% |
| 4.65 | 4.05 | 7.91 | |
| EPS in Rs | 1.05 | 2.05 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 96% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.00 | 38.56 | 38.56 |
| Reserves | 97.01 | 187.27 | 236.12 |
| 0.44 | 0.09 | 0.84 | |
| 49.05 | 25.29 | 38.58 | |
| Total Liabilities | 146.50 | 251.21 | 314.10 |
| 0.53 | 0.17 | 0.90 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 122.06 | 220.94 | 288.10 |
| 23.91 | 30.10 | 25.10 | |
| Total Assets | 146.50 | 251.21 | 314.10 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -8.58 | 7.62 | -8.01 | |
| 14.62 | -2.85 | 1.38 | |
| -0.44 | -0.38 | -0.40 | |
| Net Cash Flow | 5.61 | 4.38 | -7.03 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 27.29 | 30.65 | 22.51 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 27.29 | 30.65 | 22.51 |
| Working Capital Days | 134.76 | 44.06 | 157.94 |
| ROCE % | 3.51% | 3.92% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
24 May - Of Newspaper Publication for Audited Financial Results (Standalone and Consolidated) of the Company, for the 4th quarter and financial year ended on March 31, 2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Annual Secretarial Compliance Report confirming full SEBI regulatory compliance for FY 2024-25.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 May - Approved audited FY25 financial results; appointed secretarial auditor for 5 years, subject to member approval.
-
Board Meeting Outcome for Audited Financial Results (Standalone And Consolidated) Of The Company, For The Quarter And Financial Year Ended On March 31, 2025.
23 May - Approved audited FY25 financial results with unmodified opinion; appointed secretarial auditor for 5 years.
-
Audited Financial Results (Standalone And Consolidated) Of The Company, For The Quarter And Financial Year Ended On March 31, 2025
23 May - Approved audited FY25 standalone and consolidated results; appointed secretarial auditor for five years.
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”.