Dolat Algotech Ltd

Dolat Algotech Ltd

₹ 77.6 0.41%
13 Nov 10:40 a.m.
About

Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.[1]

Key Points

Business Overview
The Company is a registered broker for the capital market and futures & options segment with NSE and is engaged in proprietary trading of shares, securities, commodities, and other financial products. [1]
The co. is one of the pioneers in algo strategies and has considerable market volume as a group in the derivatives segment at NSE. [2]

  • Market Cap 1,366 Cr.
  • Current Price 77.6
  • High / Low 142 / 68.0
  • Stock P/E 11.4
  • Book Value 59.5
  • Dividend Yield 0.31 %
  • ROCE 32.0 %
  • ROE 24.0 %
  • Face Value 1.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 22.2%
  • Company's median sales growth is 19.8% of last 10 years

Cons

  • Contingent liabilities of Rs.1,515 Cr.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
53.94 42.67 8.21 35.92 71.07 81.34 117.14 123.48 119.82 93.87 86.64 83.17 34.33
15.94 14.51 14.54 13.82 20.14 22.93 23.00 24.17 24.81 36.20 24.79 24.32 18.91
Operating Profit 38.00 28.16 -6.33 22.10 50.93 58.41 94.14 99.31 95.01 57.67 61.85 58.85 15.42
OPM % 70.45% 65.99% -77.10% 61.53% 71.66% 71.81% 80.37% 80.43% 79.29% 61.44% 71.39% 70.76% 44.92%
19.37 16.53 19.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 5.46 7.21 6.38 6.45 6.44 6.80 8.48 9.40 10.55 12.44 11.94 10.30 11.36
Depreciation 0.17 0.21 0.20 0.16 0.25 0.32 0.43 0.43 0.56 0.63 0.68 0.49 0.53
Profit before tax 51.74 37.27 6.30 15.49 44.24 51.29 85.23 89.48 83.90 44.60 49.23 48.06 3.53
Tax % 20.20% 20.55% -8.57% 16.91% 20.95% 19.20% 20.16% 19.89% 20.48% 16.19% 19.42% 19.23% -27.76%
41.28 29.61 6.85 12.87 34.97 41.44 68.05 71.68 66.71 37.38 39.67 38.81 4.51
EPS in Rs 2.35 1.68 0.39 0.73 1.99 2.35 3.87 4.07 3.79 2.12 2.25 2.21 0.26
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
182 34 89 83 139 116 93 219 262 190 305 424 298
226 29 85 81 95 33 21 34 47 55 80 110 104
Operating Profit -43 5 4 2 43 83 72 185 215 135 226 314 194
OPM % -24% 15% 5% 2% 31% 71% 77% 85% 82% 71% 74% 74% 65%
0 0 0 0 4 0 29 29 27 37 0 0 0
Interest 0 0 0 0 0 5 16 28 27 30 28 44 46
Depreciation 0 0 0 0 0 0 0 0 0 1 1 2 2
Profit before tax -43 5 4 2 47 78 85 186 215 142 196 267 145
Tax % -33% 31% 30% 24% 34% 35% 17% 21% 22% 18% 20% 19%
-29 3 3 1 31 51 71 147 167 116 157 215 120
EPS in Rs -1.65 0.19 0.17 0.08 1.77 2.87 4.04 8.34 9.51 6.59 8.94 12.24 6.84
Dividend Payout % 0% 0% 0% 0% 0% 3% 2% 2% 2% 4% 3% 2%
Compounded Sales Growth
10 Years: 29%
5 Years: 35%
3 Years: 17%
TTM: -33%
Compounded Profit Growth
10 Years: 52%
5 Years: 25%
3 Years: 9%
TTM: -51%
Stock Price CAGR
10 Years: 47%
5 Years: 10%
3 Years: 6%
1 Year: -37%
Return on Equity
10 Years: 28%
5 Years: 27%
3 Years: 22%
Last Year: 24%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 18 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 46 49 52 53 85 133 202 346 510 622 774 986 1,029
0 0 0 0 0 0 10 114 175 140 84 66 196
4 1 1 0 1 11 18 19 57 22 32 63 77
Total Liabilities 67 67 70 71 103 161 247 497 759 801 908 1,132 1,319
0 0 0 0 0 0 0 1 1 1 4 5 5
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 7 3 16 9 52 84 204 25 41 70 90 88 127
59 65 54 62 51 77 42 472 717 730 814 1,040 1,187
Total Assets 67 67 70 71 103 161 247 497 759 801 908 1,132 1,319

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
14 -18 13 -7 44 41 122 163 109 46 34 -43
-7 5 -14 7 -2 0 -27 -337 -104 -43 -24 -1
0 0 0 0 0 -7 -2 -3 -4 -4 -4 48
Net Cash Flow 7 -14 -0 0 42 34 93 -176 1 -2 6 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 3 113 53 0 0 0 0 0 0 0 0 0
Inventory Days 43 552 72 203 0
Days Payable 0 4 0 1
Cash Conversion Cycle 46 661 125 202 0 0 0 0 0 0 0 0
Working Capital Days 55 545 171 223 129 198 -90 140 449 627 431 489
ROCE % -55% 8% 6% 3% 50% 65% 53% 60% 41% 23% 27% 32%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49%
0.01% 0.08% 0.01% 0.01% 0.01% 0.02% 0.08% 0.89% 0.11% 0.10% 0.09% 0.25%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.00% 0.01% 0.01%
25.50% 25.44% 25.51% 25.50% 25.51% 25.49% 25.44% 24.57% 25.40% 25.40% 25.42% 25.27%
No. of Shareholders 42,45741,83340,90540,98839,03643,98350,44055,55363,94364,01563,42064,031

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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