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 ₹ 479 Cr.
- Current Price ₹ 20.4
- High / Low ₹ 35.5 / 14.8
- Stock P/E 19.7
- Book Value ₹ 10.0
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 10.9 %
- Face Value ₹ 3.00
Pros
- Company has delivered good profit growth of 22.7% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -8.18% over past five years.
- Company has a low return on equity of 3.13% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.17.7 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,587 | 855 | 259 | 281 | 377 | 407 | 712 | 991 | 432 | 439 | 448 | 465 | |
| 1,833 | 864 | 288 | 276 | 362 | 401 | 700 | 976 | 429 | 426 | 452 | 444 | |
| Operating Profit | -246 | -9 | -29 | 5 | 14 | 6 | 12 | 15 | 3 | 14 | -3 | 21 |
| OPM % | -16% | -1% | -11% | 2% | 4% | 1% | 2% | 2% | 1% | 3% | -1% | 4% |
| -25 | -19 | 21 | -23 | 18 | -35 | 24 | 20 | -3 | 18 | -21 | 18 | |
| Interest | 3 | 1 | 0 | 2 | 3 | 4 | 2 | 1 | 1 | 2 | 3 | 2 |
| Depreciation | 24 | 28 | 20 | 17 | 18 | 21 | 23 | 20 | 22 | 7 | 6 | 8 |
| Profit before tax | -298 | -57 | -28 | -37 | 12 | -54 | 12 | 13 | -23 | 22 | -32 | 28 |
| Tax % | 3% | 17% | 36% | 22% | 24% | 4% | 53% | 50% | -6% | 46% | 20% | 32% |
| -306 | -67 | -38 | -45 | 9 | -56 | 6 | 7 | -22 | 12 | -39 | 19 | |
| EPS in Rs | -13.49 | -3.01 | -1.57 | -1.57 | 0.27 | -2.16 | 0.50 | 0.23 | -0.89 | 0.50 | -1.68 | 0.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 150% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -8% |
| 3 Years: | 2% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 23% |
| 3 Years: | 54% |
| TTM: | 293% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -15% |
| 3 Years: | -1% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 1% |
| 3 Years: | 3% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 68 | 54 | 61 | 61 | 61 | 61 | 61 | 62 | 62 | 62 | 63 |
| Reserves | 305 | 211 | 225 | 216 | 224 | 163 | 177 | 186 | 170 | 184 | 150 | 172 |
| 15 | 53 | 6 | 34 | 57 | 26 | 34 | 54 | 84 | 26 | 79 | 84 | |
| 454 | 320 | 262 | 131 | 187 | 168 | 260 | 399 | 392 | 378 | 421 | 488 | |
| Total Liabilities | 842 | 652 | 547 | 442 | 529 | 418 | 531 | 700 | 708 | 649 | 713 | 806 |
| 192 | 127 | 155 | 132 | 127 | 124 | 106 | 104 | 85 | 71 | 81 | 78 | |
| CWIP | 10 | 1 | 9 | 8 | 4 | 4 | 5 | 4 | 2 | 6 | 1 | 16 |
| Investments | 73 | 84 | 10 | 18 | 22 | 6 | 1 | 0 | 0 | 38 | 0 | 0 |
| 568 | 440 | 372 | 284 | 376 | 284 | 419 | 592 | 620 | 534 | 631 | 712 | |
| Total Assets | 842 | 652 | 547 | 442 | 529 | 418 | 531 | 700 | 708 | 649 | 713 | 806 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -39 | -65 | -68 | -11 | -33 | 57 | 119 | 149 | 6 | 42 | 12 | 64 | |
| 30 | 41 | 14 | 78 | -4 | -7 | -83 | -119 | -37 | 5 | 14 | -50 | |
| -1 | 36 | 19 | -47 | 1 | -27 | 0 | -8 | 26 | -56 | 48 | 4 | |
| Net Cash Flow | -10 | 13 | -36 | 20 | -37 | 23 | 36 | 22 | -5 | -9 | 74 | 18 |
| Free Cash Flow | -57 | -73 | -91 | -31 | -46 | 42 | 113 | 134 | -6 | 37 | 3 | 48 |
| CFO/OP | 8% | 670% | 242% | 108% | -117% | 1,180% | 972% | 924% | 783% | 153% | 52% | 374% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 30 | 44 | 76 | 48 | 72 | 42 | 29 | 26 | 29 | 18 | 22 | 23 |
| Inventory Days | 32 | 34 | 28 | 1 | 1 | 2 | 4 | |||||
| Days Payable | 94 | 134 | 465 | 541 | 342 | 183 | 56 | |||||
| Cash Conversion Cycle | -31 | -56 | -360 | -492 | -269 | -140 | -23 | 26 | 29 | 18 | 22 | 23 |
| Working Capital Days | -10 | -27 | -58 | -6 | 11 | -59 | -88 | -115 | -300 | -249 | -217 | -192 |
| ROCE % | -42% | -5% | -7% | 10% | 4% | -1% | 3% | 5% | 0% | 11% | 5% | 12% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Spice Money Adhikaris (Agents) thousands |
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| AEPS Off-Us Market Share % |
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| AEPS Off-Us GTV (Cash Withdrawal) INR Cr |
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| BBPS GTV (Bharat Bill Payment System) INR Cr |
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| CMS GTV (Cash Management Services) INR Cr |
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| Customer GTV INR Cr |
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| Credit Disbursement Value INR Cr |
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| CASA Total Accounts Opened count |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17h - Enclosed herewith certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended June 2026
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Closure of Trading Window
25 Jun - Trading window closed from July 1, 2026 until two days after board reviews Q1 FY27 results.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jun - Please find attached herewith copy of newspaper publication.
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Letter To Shareholders - Notice Of Meeting Of The Equity Shareholders
10 Jun - Shareholder meeting on 13 July 2026 to approve merger scheme with Spice Money, E-Arth and Vikasni.
Annual reports
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Financial Year 2025
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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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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.