Digjam Ltd

₹ 145 -4.99%
16 Aug 11:29 a.m.
About

Digjam is engaged in the business of trading in all kinds of textiles and manufacturing of high quality woolen/worsted fabrics at Jamnagar, Gujarat under the brand DIGJAM.

  • Market Cap 289 Cr.
  • Current Price 145
  • High / Low 365 / 16.4
  • Stock P/E 247
  • Book Value 20.0
  • Dividend Yield 0.00 %
  • ROCE 2.66 %
  • ROE 2.24 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 343 to 116 days.

Cons

  • Stock is trading at 7.62 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -27.1% for last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.4.89 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

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
0.65 0.10 0.04 0.03 0.00 0.38 1.86 3.83 3.70 8.87 11.00 7.65 5.59
4.27 3.31 3.61 3.60 2.14 2.53 6.28 7.63 7.77 2.98 11.76 8.12 8.98
Operating Profit -3.62 -3.21 -3.57 -3.57 -2.14 -2.15 -4.42 -3.80 -4.07 5.89 -0.76 -0.47 -3.39
OPM % -556.92% -3,210.00% -8,925.00% -11,900.00% -565.79% -237.63% -99.22% -110.00% 66.40% -6.91% -6.14% -60.64%
0.05 0.01 0.00 0.02 0.00 0.00 20.42 3.68 0.56 2.51 0.00 1.81 0.57
Interest 1.01 0.00 0.00 0.12 0.02 0.01 0.08 0.13 0.00 0.39 0.70 0.89 0.80
Depreciation 0.63 0.64 0.64 0.64 0.61 0.60 0.61 0.60 0.58 0.55 0.55 0.57 0.51
Profit before tax -5.21 -3.84 -4.21 -4.31 -2.77 -2.76 15.31 -0.85 -4.09 7.46 -2.01 -0.12 -4.13
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -5.21 -3.84 -4.21 -4.31 -2.77 -2.76 15.31 -0.85 -4.09 7.46 -2.01 -0.12 -4.13
EPS in Rs -0.59 -0.44 -0.48 -0.49 -0.32 -0.31 1.75 -0.42 -2.04 3.73 -1.00 -0.06 -2.06

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
132.47 94.73 97.33 59.01 9.21 0.81 6.08 31.22 33.11
134.43 94.51 102.69 76.05 36.71 14.80 18.58 30.63 31.84
Operating Profit -1.96 0.22 -5.36 -17.04 -27.50 -13.99 -12.50 0.59 1.27
OPM % -1.48% 0.23% -5.51% -28.88% -298.59% -1,727.16% -205.59% 1.89% 3.84%
3.71 0.68 0.11 1.03 1.08 0.08 24.10 4.82 4.89
Interest 12.35 8.59 13.52 14.14 15.31 1.13 0.24 1.98 2.78
Depreciation 4.04 2.17 2.83 2.75 2.64 2.55 2.42 2.25 2.18
Profit before tax -14.64 -9.86 -21.60 -32.90 -44.37 -17.59 8.94 1.18 1.20
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -14.64 -9.86 -21.60 -32.90 -44.36 -17.59 8.94 1.18 1.20
EPS in Rs -2.46 -3.75 -5.06 -2.01 4.47 0.59 0.61
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -20%
3 Years: 50%
TTM: 239%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 27%
TTM: 107%
Stock Price CAGR
10 Years: %
5 Years: 68%
3 Years: 396%
1 Year: %
Return on Equity
10 Years: %
5 Years: -42%
3 Years: -27%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
92.66 0.00 87.64 90.56 90.79 90.81 47.06 20.00
Reserves -90.59 36.44 16.77 -15.34 -58.68 -76.12 18.46 19.95
52.18 53.16 82.53 90.07 97.09 99.57 47.88 83.93
51.51 139.15 48.57 56.30 74.91 82.88 46.51 22.26
Total Liabilities 100.76 228.75 235.51 218.67 200.96 193.97 132.85 146.14
32.83 178.38 176.38 173.63 170.84 168.20 119.85 117.51
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
67.93 50.37 59.13 45.04 30.12 25.77 13.00 28.63
Total Assets 100.76 228.75 235.51 218.67 200.96 193.97 132.85 146.14

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13.88 10.36 -14.70 -5.06 -9.37 -4.95 9.83 -5.64
0.20 1.11 -0.43 6.74 17.05 1.09 -22.65 4.29
-13.78 -11.10 14.93 -1.72 -5.30 1.55 12.78 1.52
Net Cash Flow 0.31 0.37 -0.20 -0.04 2.38 -2.31 -0.03 0.17

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 44.17 50.59 54.86 37.79 129.59 815.62 96.65 115.98
Inventory Days 195.74 249.29 330.14 406.22 693.80 12,838.73 941.37 765.35
Days Payable 96.93 163.70 201.71 355.57 992.62 22,966.03 590.81 352.14
Cash Conversion Cycle 142.98 136.19 183.30 88.44 -169.23 -9,311.68 447.22 529.18
Working Capital Days 42.96 28.86 59.51 -69.40 -2,042.57 -37,973.52 -1,590.27 123.23
ROCE % -1.77% -5.11% -10.66% -19.74% -13.52% -13.07% 2.66%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
31.41 31.41 31.41 31.41 31.41 31.41 31.41 31.41 0.00 90.00 90.00 90.00
10.23 10.24 10.04 10.04 9.94 9.94 9.94 9.94 14.49 1.45 1.45 1.41
1.41 1.41 1.41 1.41 1.41 1.41 1.41 1.41 2.05 0.21 0.21 0.21
56.95 56.94 57.14 57.14 57.25 57.25 57.25 57.25 83.46 8.35 8.35 8.39

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