DU Digital Global Ltd
Incorporated in 2007, DU Digital Global Ltd
is in the business of providing outsourced
VISA services[1]
- Market Cap ₹ 327 Cr.
- Current Price ₹ 45.5
- High / Low ₹ 61.9 / 26.5
- Stock P/E 60.7
- Book Value ₹ 13.7
- Dividend Yield 0.00 %
- ROCE 15.2 %
- ROE 7.66 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 71.6% CAGR over last 5 years
Cons
- Stock is trading at 3.33 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.75% over last 3 years.
- Earnings include an other income of Rs.3.52 Cr.
- Company has high debtors of 226 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -11.9%
- Working capital days have increased from 172 days to 338 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
Consumer Discretionary Consumer Services Leisure Services Tour, Travel Related Services
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 36.74 | 31.51 | 2.18 | 9.40 | 37.28 | 29.25 | 48.16 | 53.28 | |
| 36.40 | 31.97 | 1.66 | 8.92 | 35.29 | 24.09 | 36.41 | 43.38 | |
| Operating Profit | 0.34 | -0.46 | 0.52 | 0.48 | 1.99 | 5.16 | 11.75 | 9.90 |
| OPM % | 0.93% | -1.46% | 23.85% | 5.11% | 5.34% | 17.64% | 24.40% | 18.58% |
| 0.74 | 0.56 | 0.14 | 0.41 | 0.92 | -0.25 | 0.35 | 3.52 | |
| Interest | 0.04 | 0.14 | 0.09 | 0.23 | 0.78 | 1.01 | 2.63 | 1.96 |
| Depreciation | 0.07 | 0.23 | 0.25 | 0.38 | 1.16 | 1.52 | 3.52 | 4.26 |
| Profit before tax | 0.97 | -0.27 | 0.32 | 0.28 | 0.97 | 2.38 | 5.95 | 7.20 |
| Tax % | 27.84% | -7.41% | 53.12% | 53.57% | 31.96% | 66.39% | 42.86% | |
| 0.71 | -0.24 | 0.16 | 0.13 | 0.66 | 0.81 | 3.39 | 5.26 | |
| EPS in Rs | 0.04 | 0.09 | 0.14 | 0.49 | 0.75 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 72% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 72% |
| 3 Years: | 186% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 8% |
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 | 0.01 | 0.01 | 0.01 | 2.60 | 2.91 | 13.95 | 13.96 | 14.37 |
| Reserves | 1.67 | 1.43 | 1.54 | 4.82 | 20.11 | 63.90 | 72.64 | 83.88 |
| 1.17 | 1.00 | 0.28 | 3.90 | 4.29 | 10.94 | 7.03 | 10.71 | |
| 9.18 | 5.29 | 2.08 | 3.70 | 3.84 | 4.86 | 5.92 | 8.67 | |
| Total Liabilities | 12.03 | 7.73 | 3.91 | 15.02 | 31.15 | 93.65 | 99.55 | 117.63 |
| 1.48 | 1.44 | 0.45 | 5.55 | 6.83 | 9.45 | 10.33 | 11.20 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | 0.92 | 0.24 | 0.00 |
| Investments | 5.47 | 1.83 | 0.18 | 0.55 | 0.22 | 23.75 | 25.32 | 25.78 |
| 5.08 | 4.46 | 3.28 | 8.92 | 23.69 | 59.53 | 63.66 | 80.65 | |
| Total Assets | 12.03 | 7.73 | 3.91 | 15.02 | 31.15 | 93.65 | 99.55 | 117.63 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 3.78 | -4.13 | -2.50 | -0.71 | 0.93 | -10.89 | -18.15 | |
| -5.48 | 3.75 | 1.67 | -2.36 | -15.48 | -37.98 | 16.79 | |
| 0.66 | -0.33 | -0.03 | 4.79 | 13.72 | 56.81 | -4.16 | |
| Net Cash Flow | -1.03 | -0.71 | -0.86 | 1.72 | -0.83 | 7.94 | -5.52 |
| Free Cash Flow | 2.90 | -4.32 | -2.50 | -1.73 | -1.76 | -13.02 | -24.04 |
| CFO/OP | 1,179% | 846% | -490% | -85% | 78% | -203% | -141% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 6.46 | 0.00 | 68.65 | 78.05 | 34.76 | 139.76 | 225.70 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 6.46 | 0.00 | 68.65 | 78.05 | 34.76 | 139.76 | 225.70 |
| Working Capital Days | -67.75 | -35.68 | 6.70 | -12.04 | 24.38 | 152.36 | 337.79 |
| ROCE % | -14.37% | 16.86% | 7.66% | 8.99% | 8.86% | 15.23% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Total Employees Number ・Standalone data |
|
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| Cumulative Visa Applications Processed Million |
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| DuVerify Applications Processed Number |
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| Number of Countries of Operation Number |
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| Number of Locations (Visa Centers) Number |
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| Group Employee Count Number |
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Extracted by Screener AI
Documents
Announcements
-
Press Release
22 April 2026 - DUDIGITAL wins Embassy of India, Kuwait CPV services contract, potentially generating about Rs 90 crore over three years.
-
Bagging/Receiving of orders/contracts
22 April 2026 - Declared L1 bidder and awarded ₹90 crore CPV services contract for Embassy of India, Kuwait over 3 years.
-
Updates
17 April 2026 - Company confirmed it is not a Large Corporate under SEBI circular.
-
Disclosure under SEBI Takeover Regulations
16 April 2026 - Promoter group held 3,88,32,860 shares as of 31 March 2026; no encumbrance during FY2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 April 2026 - Certificate filed for quarter ended March 31, 2026; all shares remain in demat form.
Business Overview:[1][2]
DUDGL is in the business of providing Visa Processing Services to embassies of various countries. Company is a human interface between the visa applicant and the technical visa processing unit of the embassy of the Country for which we it is awarded the
contract or subcontract. It is also a specialized outsourcing and technology solutions provider that caters to governments and diplomatic missions.
Company has 35 centres operating in 35 countries and with 1300 centres available globally with its partner offices