Digilogic Systems Ltd
Incorporated in 2011, Digilogic Systems Ltd. is engaged in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radars, etc. for Defense and Aerospace industry.[1]
- Market Cap ₹ 258 Cr.
- Current Price ₹ 89.2
- High / Low ₹ 107 / 73.0
- Stock P/E 33.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 35.0 %
- ROE 33.2 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.1%
Cons
- Company has high debtors of 221 days.
- Working capital days have increased from 53.3 days to 105 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
Industrials Capital Goods Aerospace & Defense Aerospace & Defense
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 20.04 | 40.15 | 55.96 | 51.56 | 72.06 | |
| 17.20 | 36.16 | 50.38 | 45.83 | 58.56 | |
| Operating Profit | 2.84 | 3.99 | 5.58 | 5.73 | 13.50 |
| OPM % | 14.17% | 9.94% | 9.97% | 11.11% | 18.73% |
| 0.09 | 0.17 | 0.15 | 0.15 | 0.13 | |
| Interest | 0.92 | 1.00 | 1.25 | 1.31 | 1.43 |
| Depreciation | 1.01 | 1.54 | 1.50 | 1.28 | 1.71 |
| Profit before tax | 1.00 | 1.62 | 2.98 | 3.29 | 10.49 |
| Tax % | 28.00% | 28.40% | 26.51% | 25.53% | 25.93% |
| 0.73 | 1.17 | 2.18 | 2.45 | 7.76 | |
| EPS in Rs | 3.65 | 5.85 | 10.90 | 12.25 | 17.44 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 91% |
| TTM: | 219% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 27% |
| Last Year: | 33% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.00 | 2.00 | 2.00 | 2.00 | 4.45 | 4.45 |
| Reserves | 5.74 | 6.91 | 9.09 | 11.54 | 28.72 | 30.62 |
| 8.25 | 5.62 | 10.92 | 8.11 | 13.34 | 22.04 | |
| 4.56 | 17.40 | 13.49 | 13.92 | 25.76 | 7.42 | |
| Total Liabilities | 20.55 | 31.93 | 35.50 | 35.57 | 72.27 | 64.53 |
| 10.18 | 10.27 | 9.11 | 8.71 | 8.94 | 9.65 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.56 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 10.37 | 21.66 | 26.39 | 26.86 | 63.33 | 54.32 | |
| Total Assets | 20.55 | 31.93 | 35.50 | 35.57 | 72.27 | 64.53 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2.93 | 4.95 | -6.65 | 5.49 | -10.51 | |
| -4.54 | -1.42 | -0.63 | -1.37 | -5.13 | |
| 0.56 | -0.34 | 4.08 | -4.11 | 15.63 | |
| Net Cash Flow | -1.05 | 3.19 | -3.20 | 0.01 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 105.09 | 43.18 | 100.12 | 138.82 | 221.20 |
| Inventory Days | 41.99 | 109.61 | 68.40 | 26.98 | 85.66 |
| Days Payable | 101.31 | 208.84 | 103.18 | 119.26 | 158.72 |
| Cash Conversion Cycle | 45.78 | -56.05 | 65.34 | 46.54 | 148.13 |
| Working Capital Days | -3.64 | -16.73 | 21.85 | 33.13 | 104.80 |
| ROCE % | 16.64% | 23.15% | 20.93% | 34.98% |
Documents
Announcements
-
Presentation On Project Udaan Under Regulation 30 Of SEBI (LODR) Regulations 2015
20 Feb - Presentation on Project Udaan: new 2-acre EMS facility in TGIIC Hyderabad; land bought Sep 2025; production Dec 2027.
-
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011
11 Feb - NUVF allotted 2,034,000 shares on 23-Jan-2026; combined holding now 13.24% of Digilogic.
-
Regulation 30 Of The SEBI (LODR) Regulations 2015 - Repayment Of Indian Bank Term Loan Of Rs. 8.42 Crores
1 Feb - Repaid Indian Bank term loan ₹8.42 Cr on 31/01/2026; ₹8 Cr IPO proceeds, ₹0.42 Cr internal accruals.
- Announcement under Regulation 30 (LODR)-Investor Presentation 28 Jan
- Listing of Equity Shares of Digilogic Systems Ltd 28 Jan
Concalls
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Jan 2026TranscriptAI SummaryPPT
Business Profile[1]
Digilogic Systems Limited is a technology-led defence and aerospace engineering company engaged in the design, development, integration, manufacturing, supply and lifecycle support of Automated Test Equipment (ATE), radar and electronic warfare simulators, application software, and embedded signal processing solutions.