Davin Sons Retail Ltd
Incorporated in 2022, Davin Sons Retail Ltd is in the wholesale business of FMCG Products and also deals in ready-made garments.[1]
- Market Cap ₹ 23.1 Cr.
- Current Price ₹ 35.0
- High / Low ₹ 61.1 / 18.0
- Stock P/E 15.5
- Book Value ₹ 30.5
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.15 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Textiles Textiles & Apparels Garments & Apparels
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 3.83 | 13.39 | 13.53 | 11.28 | |
| 0.00 | 3.14 | 11.05 | 11.01 | 8.93 | |
| Operating Profit | 0.00 | 0.69 | 2.34 | 2.52 | 2.35 |
| OPM % | 18.02% | 17.48% | 18.63% | 20.83% | |
| 0.00 | 0.08 | 0.00 | 0.06 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.02 | 0.20 | 0.13 |
| Depreciation | 0.00 | 0.01 | 0.11 | 0.13 | 0.18 |
| Profit before tax | 0.00 | 0.76 | 2.21 | 2.25 | 2.05 |
| Tax % | 26.32% | 25.34% | 25.78% | ||
| 0.00 | 0.57 | 1.64 | 1.66 | 1.49 | |
| EPS in Rs | 0.00 | 51.96 | 4.47 | 3.15 | 2.83 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.11 | 3.67 | 5.26 | 5.26 |
| Reserves | 0.00 | 0.98 | 1.89 | 10.70 | 10.77 |
| 0.00 | 1.28 | 0.24 | 0.90 | 0.34 | |
| 0.00 | 2.19 | 3.03 | 2.58 | 2.30 | |
| Total Liabilities | 0.05 | 4.56 | 8.83 | 19.44 | 18.67 |
| 0.00 | 0.10 | 0.42 | 1.19 | 1.36 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.05 | 4.46 | 8.41 | 18.25 | 17.31 | |
| Total Assets | 0.05 | 4.56 | 8.83 | 19.44 | 18.67 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.00 | 0.00 | -1.33 | -1.18 | |
| 0.00 | -0.20 | -0.44 | -0.96 | |
| 0.05 | 0.74 | 1.77 | 9.03 | |
| Net Cash Flow | 0.05 | 0.54 | 0.00 | 6.89 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 192.51 | 112.31 | 138.12 | |
| Inventory Days | 156.05 | 115.42 | 127.24 | |
| Days Payable | 234.08 | 83.48 | 47.31 | |
| Cash Conversion Cycle | 114.48 | 144.25 | 218.06 | |
| Working Capital Days | 148.67 | 124.85 | 196.39 | |
| ROCE % | 62.81% | 54.59% | 21.62% |
Documents
Announcements
-
STATEMENT OF INVESTOR COMPLAINTS AS PER REGULATION 13(3) OF THE SEBI (LODR) REGULATIONS, 2015 FOR THE QUARTER ENDED 31ST DECEMBER 2025
19 Jan - Investor complaints statement for quarter ended 31 Dec 2025: zero complaints.
-
INTEGRATED FILING (FINANCIAL) FOR THE QUATER ENDED 31ST DECEMBER 2025
19 Jan - Davin Sons Retail: BSE SME — integrated financial filing not applicable for quarter ended 31 Dec 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 31st December 2025
-
AGREEMENT FOR TAKING PROPERTY ON RENT FOR WAREHOUSE
29 Dec 2025 - Davin Sons entered rent agreement for warehouse in Sector 67, Gurugram (dated Dec 29, 2025).
-
ANNOUCEMENT FOR TAKING PROPERTY ON RENT FOR
OPENING A MULTIBRAND CLOTHING STORE
19 Dec 2025 - Entered rent agreement for multibrand clothing store at Huda Market, Sector-31 Gurugram (announced Sept 19, 2025).
Business Overview:[1]
DSRL is engaged in the wholesale business
of FMCG products and has expanded its operations through the acquisition of a
sole proprietorship firm, Jesus Shirts, under a Business Purchase Agreement. The acquisition included all assets and liabilities on a going concern basis, enabling the company to carry on the business as manufacturers, importers, exporters, buyers, sellers, dealers, agents, stockists, distributors, and suppliers of all
kinds of ready-made garments and other
allied products.