Dynamic Services & Security Ltd

Dynamic Services & Security Ltd

₹ 366 -2.00%
13 Dec - close price
About

Incorporated in 2001, Dynamic Services and Security Ltd provides Mechanized Cleaning, Conservancy, Housekeeping, Catering,
Security & Man Power Supply, etc.[1]

Key Points

Business Overview:[1]
Company provides Security Guarding and Manpower Solutions to government agencies like Indian Army, Indian Navy, Indian Air Force, Indian Railways and Webel Technology Limited. Its clients include Retail Field Players, manufacturing units of Corporate Sector, Government Bodies, Educational Institutions, Banks & ATM Centres, Small & Medium sized industries and single users.

The Company has also entered into the solar
business and is currently executing a 720KW project in Kakdwip, West Bengal moving its focus into the green energy sector. [2]

  • Market Cap 523 Cr.
  • Current Price 366
  • High / Low 404 / 93.0
  • Stock P/E 48.4
  • Book Value 92.2
  • Dividend Yield 0.00 %
  • ROCE 17.1 %
  • ROE 12.7 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 286% CAGR over last 5 years
  • Debtor days have improved from 208 to 114 days.

Cons

  • Stock is trading at 3.96 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.59%
  • Company has a low return on equity of 9.25% over last 3 years.

* 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: Miscellaneous Industry: Miscellaneous

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
18 54 30 43 49 56 61
16 51 28 39 42 47 50
Operating Profit 2 3 2 3 7 8 11
OPM % 12% 6% 7% 8% 14% 15% 18%
0 0 0 9 0 0 0
Interest 1 1 1 2 2 1 3
Depreciation 0 0 0 0 0 -0 0
Profit before tax 1 2 1 11 5 7 8
Tax % 26% 26% 25% 20% 26% 33% 26%
1 1 1 9 4 5 6
EPS in Rs 0.94 0.96 0.69 6.47 2.91 3.37 4.50
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 0 70 72 73 104 117
0 0 66 66 67 89 98
Operating Profit 0 0 4 5 6 15 19
OPM % 0% 4% 6% 7% 8% 15% 16%
0 0 1 1 10 0 0
Interest 0 0 3 3 3 3 4
Depreciation 0 0 0 0 0 0 0
Profit before tax 0 0 2 3 12 12 15
Tax % 0% 50% 26% 25% 20% 30%
0 0 1 2 10 9 11
EPS in Rs 10.00 20.00 1,250.00 1.60 7.16 6.23 7.87
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 200%
3 Years: 14%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: 286%
3 Years: 90%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 105%
1 Year: 184%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 9%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.01 14 14 14 15
Reserves 0 1 2 32 42 66 111
31 53 49 23 18 25 61
17 27 20 28 13 11 10
Total Liabilities 48 82 71 97 87 117 197
1 1 1 1 1 1 1
CWIP 0 0 0 0 2 4 11
Investments 0 0 0 0 2 14 34
47 81 70 96 82 98 152
Total Assets 48 82 71 97 87 117 197

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-19 -10 4 -26 19 -13
-5 0 -2 -1 -11 -14
31 23 -6 20 -8 20
Net Cash Flow 7 13 -5 -7 -0 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 28,521 30,575 208 358 151 114
Inventory Days 16 13
Days Payable 64 42
Cash Conversion Cycle 28,521 30,575 208 358 103 84
Working Capital Days 15,873 23,244 155 272 236 198
ROCE % 0% 9% 9% 8% 17%

Shareholding Pattern

Numbers in percentages

Oct 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024May 2024Sep 2024
100.00% 64.99% 64.99% 64.99% 64.99% 64.70% 63.93% 62.34%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09%
0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00%
0.00% 35.01% 35.01% 35.01% 34.99% 35.30% 36.07% 37.58%
No. of Shareholders 81,0911,0128846085969261,556

* 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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