Dolat Algotech Ltd

Dolat Algotech Ltd

₹ 69.3 -0.79%
28 Nov - 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 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 1,219 Cr.
  • Current Price 69.3
  • High / Low 142 / 67.0
  • Stock P/E 10.1
  • Book Value 59.5
  • Dividend Yield 0.36 %
  • ROCE 35.5 %
  • ROE 24.0 %
  • Face Value 1.00

Pros

  • Stock is trading at 1.16 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 22.2%

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

Consolidated Figures in Rs. Crores / View Standalone

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
78.40 59.75 29.86 47.33 86.12 99.35 143.98 151.73 145.56 118.71 113.91 110.60 58.92
23.90 20.91 23.69 21.95 30.68 35.01 39.97 41.54 41.31 54.05 45.31 45.62 38.83
Operating Profit 54.50 38.84 6.17 25.38 55.44 64.34 104.01 110.19 104.25 64.66 68.60 64.98 20.09
OPM % 69.52% 65.00% 20.66% 53.62% 64.38% 64.76% 72.24% 72.62% 71.62% 54.47% 60.22% 58.75% 34.10%
9.34 9.95 10.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.68 0.00
Interest 5.46 7.22 6.41 6.47 6.45 6.82 8.71 9.42 10.57 12.46 12.02 10.32 11.39
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 58.21 41.36 9.97 18.75 48.74 57.20 94.87 100.34 93.12 51.57 55.92 54.85 8.17
Tax % 27.64% 28.46% 39.82% 30.99% 28.07% 27.36% 28.08% 28.37% 28.17% 27.26% 28.84% 29.01% 43.82%
42.12 29.60 6.01 12.93 35.05 41.55 68.22 71.88 66.88 37.51 39.79 38.93 4.60
EPS in Rs 2.39 1.68 0.34 0.73 1.99 2.35 3.87 4.07 3.79 2.12 2.25 2.21 0.26
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
116 158 285 322 279 377 530 402
33 40 58 66 89 128 182 184
Operating Profit 83 118 227 256 190 249 348 218
OPM % 71% 75% 80% 79% 68% 66% 66% 54%
0 0 0 0 0 0 0 1
Interest 5 16 25 25 27 28 44 46
Depreciation 0 0 0 0 1 1 2 2
Profit before tax 78 102 201 230 163 220 301 171
Tax % 35% 30% 27% 27% 28% 28% 28%
51 71 147 168 116 158 216 121
EPS in Rs 2.87 4.04 8.34 9.51 6.59 8.94 12.24 6.84
Dividend Payout % 3% 2% 2% 2% 4% 3% 2%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 18%
TTM: -26%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 9%
TTM: -51%
Stock Price CAGR
10 Years: 44%
5 Years: 8%
3 Years: 1%
1 Year: -46%
Return on Equity
10 Years: %
5 Years: 27%
3 Years: 22%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves 133 202 346 510 622 774 986 1,029
0 10 114 175 140 84 66 196
11 24 20 63 25 60 71 85
Total Liabilities 161 253 498 765 804 936 1,140 1,327
0 0 1 1 1 4 5 5
CWIP 0 0 0 0 0 0 0 0
Investments 84 181 2 43 67 78 91 118
77 72 495 721 736 854 1,044 1,204
Total Assets 161 253 498 765 804 936 1,140 1,327

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
41 157 188 141 79 24 -27
0 -58 -363 -97 -118 -3 -4
-7 -2 -3 -4 -5 -5 47
Net Cash Flow 34 96 -177 41 -44 17 16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0
Working Capital Days 198 -58 137 364 433 363 389
ROCE % 62% 64% 43% 26% 30% 35%

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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