Dolat Algotech Ltd

Dolat Algotech Ltd

₹ 44.2 -8.87%
26 May - close price
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 capital market and futures & option segment with NSE and is engaged in proprietary trading of shares, securities, commodities and other financial products. [1]

  • Market Cap 778 Cr.
  • Current Price 44.2
  • High / Low 80.7 / 39.2
  • Stock P/E 6.71
  • Book Value 36.3
  • Dividend Yield 0.57 %
  • ROCE 22.8 %
  • ROE 19.9 %
  • Face Value 1.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 32.6%

Cons

  • Contingent liabilities of Rs.885 Cr.
  • Earnings include an other income of Rs.73.9 Cr.
  • Working capital days have increased from 455 days to 777 days

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
23.72 27.00 32.79 45.61 92.88 70.05 56.57 47.62 57.52 48.98 53.94 42.67 8.21
4.47 5.28 9.26 8.27 13.63 10.24 12.91 13.42 12.69 13.45 15.94 14.51 14.54
Operating Profit 19.25 21.72 23.53 37.34 79.25 59.81 43.66 34.20 44.83 35.53 38.00 28.16 -6.33
OPM % 81.16% 80.44% 71.76% 81.87% 85.33% 85.38% 77.18% 71.82% 77.94% 72.54% 70.45% 65.99% -77.10%
9.82 9.02 13.03 15.57 11.80 7.32 7.74 21.63 20.77 18.78 19.37 16.53 19.21
Interest 3.28 4.16 6.57 7.04 7.55 6.47 7.33 5.16 5.78 7.48 5.46 7.21 6.38
Depreciation 0.01 0.04 0.08 0.08 0.08 0.05 0.06 0.09 0.15 0.13 0.17 0.21 0.20
Profit before tax 25.78 26.54 29.91 45.79 83.42 60.61 44.01 50.58 59.67 46.70 51.74 37.27 6.30
Tax % 15.79% 18.88% 18.46% 18.39% 23.96% 24.95% 23.31% 19.77% 20.23% 18.09% 20.20% 20.55% -8.57%
Net Profit 21.71 21.52 24.39 37.37 63.43 45.49 33.75 40.59 47.59 38.25 41.28 29.61 6.85
EPS in Rs 1.23 1.22 1.39 2.12 3.60 2.58 1.92 2.31 2.70 2.17 2.35 1.68 0.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
218 217 182 34 89 83 139 116 93 219 262 154
217 205 226 29 85 81 95 33 21 34 47 58
Operating Profit 1 12 -43 5 4 2 43 83 72 185 215 95
OPM % 1% 5% -24% 15% 5% 2% 31% 71% 77% 85% 82% 62%
0 0 0 0 0 0 4 0 29 29 27 74
Interest 0 0 0 0 0 0 0 5 16 28 27 27
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 1 12 -43 5 4 2 47 78 85 186 215 142
Tax % 18% 32% 33% 31% 30% 24% 34% 35% 17% 21% 22% 18%
Net Profit 1 8 -29 3 3 1 31 51 71 147 167 116
EPS in Rs 0.05 0.45 -1.65 0.19 0.17 0.08 1.77 2.87 4.04 8.34 9.51 6.59
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 2% 2% 2% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 2%
3 Years: 18%
TTM: -41%
Compounded Profit Growth
10 Years: 31%
5 Years: 32%
3 Years: 18%
TTM: -31%
Stock Price CAGR
10 Years: 39%
5 Years: 18%
3 Years: 4%
1 Year: -42%
Return on Equity
10 Years: 28%
5 Years: 34%
3 Years: 33%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
18 18 18 18 18 18 18 18 18 18 18 18
Reserves 67 75 46 49 52 53 85 133 202 346 510 622
0 0 0 0 0 0 0 0 10 114 175 140
5 3 4 1 1 0 1 11 18 19 57 22
Total Liabilities 89 95 67 67 70 71 103 161 247 497 759 801
0 0 0 0 0 0 0 0 0 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 7 3 16 9 52 84 204 25 41 70
89 95 59 65 54 62 51 77 42 472 717 730
Total Assets 89 95 67 67 70 71 103 161 247 497 759 801

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-25 -16 14 -18 13 -7 44 41 122 163 109 46
-0 0 -7 5 -14 7 -2 0 -27 -337 -104 -43
0 0 0 0 0 0 0 -7 -2 -3 -4 -4
Net Cash Flow -25 -16 7 -14 -0 0 42 34 93 -176 1 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 14 52 3 113 53 0 0 0 0 0 0 0
Inventory Days 98 101 43 552 72 203 0
Days Payable 0 0 0 4 0 1
Cash Conversion Cycle 111 153 46 661 125 202 0 0 0 0 0 0
Working Capital Days 103 145 55 545 171 223 129 198 -52 140 449 777
ROCE % 2% 13% -55% 8% 6% 3% 50% 65% 53% 60% 41% 23%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
74.49 74.49 74.49 74.49 74.49 74.49 74.49 74.49 74.49 74.49 74.49 74.49
0.02 0.02 0.00 0.00 0.00 0.04 0.12 0.02 0.07 0.08 0.01 0.08
25.49 25.49 25.51 25.51 25.51 25.48 25.40 25.50 25.44 25.44 25.50 25.44

* 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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