Divgi Torqtransfer Systems Ltd
Incorporated in 1964, Divgi Torqtransfer system is one of the leading players supplying transfer case systems to automotive OEMs and the largest supplier of transfer case systems to passenger vehicle manufacturers in India.[1]
- Market Cap ₹ 2,601 Cr.
- Current Price ₹ 851
- High / Low ₹ 924 / 557
- Stock P/E 50.8
- Book Value ₹ 180
- Dividend Yield 0.00 %
- ROCE 15.5 %
- ROE 11.5 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.3% 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
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
159 | 187 | 159 | 187 | 234 | 271 | |
115 | 133 | 122 | 135 | 168 | 197 | |
Operating Profit | 44 | 54 | 37 | 52 | 66 | 74 |
OPM % | 28% | 29% | 23% | 28% | 28% | 27% |
5 | 9 | 12 | 8 | 8 | 8 | |
Interest | 6 | 1 | 5 | 0 | 0 | 0 |
Depreciation | 4 | 6 | 6 | 8 | 11 | 13 |
Profit before tax | 40 | 56 | 38 | 53 | 62 | 69 |
Tax % | 36% | 28% | 26% | 28% | 26% | 26% |
Net Profit | 25 | 40 | 28 | 38 | 46 | 51 |
EPS in Rs | 469.10 | 747.45 | 465.55 | 552.67 | 16.76 | 16.73 |
Dividend Payout % | 0% | 0% | 6% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 19% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 22% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
5 | 7 | 6 | 7 | 14 | 15 | |
Reserves | 91 | 227 | 204 | 289 | 326 | 536 |
49 | 1 | 0 | 1 | 0 | 3 | |
40 | 46 | 96 | 69 | 68 | 88 | |
Total Liabilities | 185 | 279 | 306 | 366 | 408 | 642 |
72 | 78 | 89 | 105 | 112 | 129 | |
CWIP | 2 | 9 | 6 | 6 | 28 | 81 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
111 | 191 | 211 | 254 | 268 | 433 | |
Total Assets | 185 | 279 | 306 | 366 | 408 | 642 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
38 | 27 | 51 | 41 | |||
-24 | -25 | -51 | -213 | |||
-6 | -3 | -3 | 160 | |||
Net Cash Flow | 8 | -0 | -3 | -13 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 85 | 74 | 54 | 107 | 82 | 99 |
Inventory Days | 139 | 108 | 146 | 161 | 129 | 104 |
Days Payable | 162 | 112 | 144 | 217 | 155 | 151 |
Cash Conversion Cycle | 62 | 70 | 55 | 51 | 57 | 52 |
Working Capital Days | 59 | 42 | -72 | 65 | 53 | 43 |
ROCE % | 30% | 19% | 21% | 20% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Letter reference no. DTTS/Sec/23-24/29 dated May 24, 2023, pursuant to Regulation 30 and other applicable provisions of the SEBI (LODR) Regulations, 2015 ('LODR Regulations'), please …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
30 May - Letter reference no. DTTS/Sec/23-24/29 dated May 24, 2023, pursuant to Regulation 30 and other applicable provisions of the SEBI (LODR) Regulations, 2015 ('LODR Regulations'), this …
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Intimation Of Schedule Of Analyst/ Institutional Investor/Investors Meeting
29 May - Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, we hereby disclose the schedule of Analyst/ Institutional Investor meeting …
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 May
-
Announcement under Regulation 30 (LODR)-Investor Presentation
24 May - Presentation on performance of the Company for the quarter and financial year ended March 31, 2023. This is for your information and records
Concalls
-
Jun 2023Transcript PPT
Leading Auto Ancillary company[1] Co. is amongst the few automotive component entities in India that have the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmissions (“DCT”) solutions.
They are also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of
torque couplers in India.[1]