DigiSpice Technologies Ltd
Incorporated in 2000, Digispice Technologies
Ltd is in the Information and Communication Technology business. It also undertakes development and sale of telecom related software[1]
- Market Cap ₹ 463 Cr.
- Current Price ₹ 19.7
- High / Low ₹ 35.5 / 14.8
- Stock P/E
- Book Value ₹ 7.02
- Dividend Yield 0.00 %
- ROCE -0.88 %
- ROE -0.88 %
- Face Value ₹ 3.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 2.81 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.25% over last 3 years.
* 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
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 9m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 152.86 | 154.72 | 143.85 | 156.64 | 121.30 | 111.23 | 112.52 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 18.75 | 101.91 | 166.73 | 164.70 | 160.93 | 132.72 | 123.85 | 119.86 | 5.95 | 6.30 | 13.94 | 8.22 | |
| Operating Profit | -18.75 | 50.95 | -12.01 | -20.85 | -4.29 | -11.42 | -12.62 | -7.34 | -5.95 | -6.30 | -13.94 | -8.22 |
| OPM % | 33.33% | -7.76% | -14.49% | -2.74% | -9.41% | -11.35% | -6.52% | |||||
| -312.03 | -40.68 | -68.46 | -36.94 | 17.29 | -57.40 | 18.67 | 7.69 | -4.03 | 16.31 | -38.47 | 5.72 | |
| Interest | 0.03 | 0.00 | 0.20 | 1.69 | 1.86 | 2.63 | 1.37 | 0.94 | 0.00 | 0.01 | 0.01 | 0.00 |
| Depreciation | 5.70 | 70.78 | 6.97 | 9.34 | 8.94 | 9.18 | 7.51 | 2.57 | 0.99 | 1.08 | 1.21 | 1.43 |
| Profit before tax | -336.51 | -60.51 | -87.64 | -68.82 | 2.20 | -80.63 | -2.83 | -3.16 | -10.97 | 8.92 | -53.63 | -3.93 |
| Tax % | 0.00% | 0.00% | -0.15% | 0.76% | -262.27% | -2.28% | 42.05% | 21.84% | 0.00% | 0.00% | 0.00% | 0.00% |
| -336.51 | -60.51 | -87.50 | -69.34 | 7.97 | -78.79 | -4.03 | -3.85 | -10.98 | 8.92 | -53.62 | -3.93 | |
| EPS in Rs | -14.77 | -2.66 | -3.84 | -3.04 | 0.35 | -3.46 | -0.18 | -0.17 | -0.47 | 0.38 | -2.30 | -0.17 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 113.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 23% |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -17% |
| 3 Years: | 1% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -2% |
| 3 Years: | 0% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 68.36 | 68.36 | 54.20 | 60.54 | 60.55 | 60.55 | 60.70 | 61.46 | 61.64 | 61.85 | 62.27 | 62.52 |
| Reserves | 197.60 | 111.83 | 24.36 | 240.77 | 252.24 | 161.77 | 158.61 | 157.42 | 147.10 | 157.39 | 105.07 | 102.06 |
| 0.29 | 0.20 | 0.00 | 16.68 | 23.76 | 14.37 | 13.30 | 0.00 | 12.16 | 0.12 | 0.08 | 0.03 | |
| 10.08 | 5.75 | 54.09 | 48.25 | 72.34 | 69.76 | 49.18 | 51.53 | 32.38 | 23.09 | 15.70 | 14.12 | |
| Total Liabilities | 276.33 | 186.14 | 132.65 | 366.24 | 408.89 | 306.45 | 281.79 | 270.41 | 253.28 | 242.45 | 183.12 | 178.73 |
| 67.11 | 20.81 | 54.15 | 42.30 | 39.66 | 32.86 | 23.29 | 25.03 | 21.19 | 12.44 | 14.90 | 13.45 | |
| CWIP | 7.05 | 0.06 | 0.00 | 3.92 | 0.05 | 0.00 | 1.65 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 94.77 | 112.95 | 8.98 | 133.78 | 135.87 | 83.29 | 82.81 | 115.81 | 116.12 | 101.26 | 96.27 | 90.77 |
| 107.40 | 52.32 | 69.52 | 186.24 | 233.31 | 190.30 | 174.04 | 129.45 | 115.97 | 128.75 | 71.95 | 74.51 | |
| Total Assets | 276.33 | 186.14 | 132.65 | 366.24 | 408.89 | 306.45 | 281.79 | 270.41 | 253.28 | 242.45 | 183.12 | 178.73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9.52 | -32.84 | 6.41 | -10.73 | -11.15 | 2.29 | 0.27 | 32.07 | -21.22 | -12.08 | -5.08 | -11.02 | |
| 8.64 | 36.59 | -9.32 | 14.53 | 1.97 | 18.25 | 3.91 | -19.00 | -0.29 | 21.09 | 3.65 | 9.58 | |
| -0.12 | -0.08 | -0.40 | 9.74 | 1.36 | -24.93 | 1.09 | -8.15 | 12.41 | -7.90 | -2.30 | 1.07 | |
| Net Cash Flow | -0.99 | 3.67 | -3.31 | 13.53 | -7.81 | -4.39 | 5.27 | 4.92 | -9.10 | 1.11 | -3.72 | -0.37 |
| Free Cash Flow | -10.25 | -33.83 | 6.29 | -16.74 | -13.60 | -0.29 | 4.23 | 28.89 | -21.40 | -8.37 | -8.11 | -11.00 |
| CFO/OP | 39% | -62% | 24% | -10% | -37% | -111% | -9% | -144% | 399% | 314% | 126% | 135% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 7.31 | 92.99 | 157.71 | 133.69 | 135.00 | 98.22 | |||||
| Inventory Days | 0.05 | 0.00 | ||||||||||
| Days Payable | 36.37 | |||||||||||
| Cash Conversion Cycle | -36.32 | 7.31 | 92.99 | 157.71 | 133.69 | 135.00 | 98.22 | |||||
| Working Capital Days | 17.86 | 1.98 | 18.90 | 39.61 | 62.44 | -36.36 | -48.72 | |||||
| ROCE % | -0.34% | 0.82% | -3.99% | -10.92% | 0.73% | -3.46% | -1.92% | -0.81% | 0.23% | -0.42% | -4.23% | -0.88% |
Insights
In beta| Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Registered Agents (Spice Money Adhikaris) Number (Lakhs) |
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| Customer Gross Transaction Value (GTV) ₹ Crores |
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| AePS Off-Us Market Share Percentage |
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| Cash Management Service (CMS) GTV ₹ Crores |
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| Company Owned Spice Hotspot Outlets (Legacy) Number |
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| Cumulative CASA Accounts Opened Number (Lakhs) |
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| Handset Distribution Retail Counters (Legacy) Number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 May - Please find attached herewith the transcript of Investors/Analyst call held on May 18, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 May - Audio recording of 18 May 2026 investors call and presentation links uploaded.
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Announcement under Regulation 30 (LODR)-Investor Presentation
17 May - In continuance with the Company''s letter dated May 13, 2026 with regards to Investors/Analyst call scheduled on May 18, 2026, we are enclosing the presentation.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - Copies of newspaper publication in respect of audited financial results for the quarter and year ended March 31, 2026 (pursuant to Reg 47).
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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May 2026Transcript PPT
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Nov 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021Transcript PPT
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Jul 2021TranscriptAI SummaryPPT
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Jun 2021Transcript PPT
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Apr 2021TranscriptAI SummaryPPT
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Apr 2021TranscriptAI SummaryPPT
Business Overview:[1][2]
DTL is a part of the Spice group. It provides Technology solutions and communication platform to domestic/ international Telecom Operators and Enterprises. Company through its material subsidiary Spice Money Limited provides Financial Technologies Services through tech enabled hyper local payments network platform accessed by its authorised agents /merchants, including cash deposit, cash withdrawal, balance enquiry, bill payment services, Aadhar enabled Payment Services,
Mini ATM services, Air time recharge, POS services, railway ticketing services, Enterprise cash drop services and other related services.
It has partnered with diverse banking, NBFCs, insurance, and e-commerce players. It also offers services like PAN card registration, loans, and facilitating direct benefit transfers for various Governmental initiatives.