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 ₹ 2,533 Cr.
- Current Price ₹ 828
- High / Low ₹ 1,150 / 650
- Stock P/E 57.6
- Book Value ₹ 184
- Dividend Yield 0.40 %
- ROCE 15.5 %
- ROE 11.5 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
Cons
- 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 | TTM | |
---|---|---|---|---|---|---|---|
159 | 187 | 159 | 187 | 234 | 271 | 262 | |
115 | 133 | 122 | 135 | 168 | 196 | 203 | |
Operating Profit | 44 | 54 | 37 | 52 | 66 | 75 | 59 |
OPM % | 28% | 29% | 23% | 28% | 28% | 28% | 23% |
5 | 9 | 12 | 8 | 8 | 8 | 17 | |
Interest | 6 | 1 | 5 | 0 | 0 | 0 | 0 |
Depreciation | 4 | 6 | 6 | 8 | 11 | 13 | 17 |
Profit before tax | 40 | 56 | 38 | 53 | 62 | 69 | 59 |
Tax % | 36% | 28% | 26% | 28% | 26% | 26% | |
25 | 40 | 28 | 38 | 46 | 51 | 44 | |
EPS in Rs | 469.10 | 747.45 | 465.55 | 552.67 | 16.76 | 16.73 | 14.38 |
Dividend Payout % | 0% | 0% | 6% | 0% | 20% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 19% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 22% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 26% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 6 | 7 | 14 | 15 | 15 |
Reserves | 91 | 227 | 204 | 289 | 326 | 536 | 547 |
Preference Capital | 0 | 2 | 0 | 0 | 0 | 0 | |
49 | 1 | 0 | 1 | 0 | 3 | 2 | |
40 | 46 | 96 | 69 | 68 | 93 | 89 | |
Total Liabilities | 185 | 279 | 306 | 366 | 408 | 646 | 653 |
72 | 78 | 89 | 105 | 112 | 117 | 211 | |
CWIP | 2 | 9 | 6 | 6 | 28 | 93 | 29 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
111 | 191 | 211 | 254 | 268 | 437 | 413 | |
Total Assets | 185 | 279 | 306 | 366 | 408 | 646 | 653 |
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 | 119 |
Days Payable | 162 | 112 | 144 | 217 | 155 | 151 |
Cash Conversion Cycle | 62 | 70 | 55 | 51 | 57 | 66 |
Working Capital Days | 59 | 42 | -72 | 65 | 53 | 49 |
ROCE % | 30% | 19% | 21% | 20% | 15% |
Documents
Announcements
- Compliances- Submission Of Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For Financial Year Ended March 31, 2024. 16 Apr
-
Compliances-Compliance Certificate For The Year Ended March 31, 2024
13 Apr - Certificate signed by the Authorised Representative of the RTA and the Compliance Officer of the Company for the year ended March 31, 2024.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Depositories and Participants) Regulations, 2018 attached herewith is the certificate received from Link Intime India Private Limited, the Registrar and Transfer Agent of the Company …
- Closure of Trading Window 26 Mar
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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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]