Dollex Agrotech Ltd

Dollex Agrotech Ltd

₹ 38.0 4.68%
11 Jun - close price
About

Incorporated in 2013, Dollex Agrotech Ltd is in the business of manufacturing and trading of sugar[1]

Key Points

Business Overview:[1]
DAL is an indigenous sugar manufacturing and trading company with captive power
co-generation capabilities. It sell by-products such as mollases, pressmud and bagasse. Company is entering into new segment of ethanol production under EBP Program by the Ministry of Petroleum and Natural Gas.

  • Market Cap 152 Cr.
  • Current Price 38.0
  • High / Low 47.2 / 30.0
  • Stock P/E 18.4
  • Book Value 16.6
  • Dividend Yield 0.00 %
  • ROCE 7.04 %
  • ROE 13.4 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 68.5% CAGR over last 5 years
  • Debtor days have improved from 40.1 to 20.9 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.9% over last 3 years.
  • Company might be capitalizing the interest cost

* 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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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
64 10 101 56 79 81 157
53 8 90 49 73 72 149
Operating Profit 10 2 11 7 7 9 8
OPM % 16% 19% 11% 13% 9% 11% 5%
0 0 0 0 0 0 0
Interest 1 1 1 1 2 2 2
Depreciation 0 1 2 1 1 1 1
Profit before tax 9 0 8 4 4 6 5
Tax % 10% 573% 16% 26% -1% 25% 16%
8 -1 7 3 4 4 4
EPS in Rs 2.65 -0.16 1.66 0.81 0.95 1.09 0.98
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
18 25 77 79 110 135 237
17 21 70 71 98 122 221
Operating Profit 2 4 7 9 13 14 16
OPM % 9% 18% 9% 11% 12% 10% 7%
0 1 1 0 0 0 0
Interest 0 2 2 2 2 3 3
Depreciation 0 2 2 2 3 3 3
Profit before tax 1 1 3 4 8 8 10
Tax % 46% 55% 36% 23% 23% 14% 21%
1 1 2 3 6 7 8
EPS in Rs 0.84 0.36 0.52 1.02 1.53 1.76 2.08
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 56%
3 Years: 44%
TTM: 75%
Compounded Profit Growth
10 Years: %
5 Years: 68%
3 Years: 34%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 1%
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 14%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 5 10 20 20 25 25 25
Reserves 1 2 3 6 25 33 41
9 52 50 45 43 105 164
56 27 32 42 75 107 53
Total Liabilities 71 90 105 114 168 271 283
28 0 44 39 35 32 29
CWIP 11 0 1 1 1 8 55
Investments 0 0 0 0 0 0 0
32 90 60 73 133 231 199
Total Assets 71 90 105 114 168 271 283

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-9 0 10 -20 -43 -25
-8 -2 3 3 -7 -47
15 6 -10 13 59 63
Net Cash Flow -2 4 3 -5 9 -9

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0 16 23 94 63 37 21
Inventory Days 377 641 649 1,768 260
Days Payable 282 436 557 1,108 67
Cash Conversion Cycle 0 111 227 186 63 696 214
Working Capital Days -32 179 115 97 156 188 175
ROCE % 8% 7% 10% 13% 9% 7%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
71.69% 71.69% 71.69% 71.69% 71.69%
28.31% 28.31% 28.31% 28.31% 28.31%
No. of Shareholders 880657668677707

Documents