Is Divgi Torqtransfer Systems Ltd (DIVGIITTS) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Divgi Torqtransfer Systems Ltd is a good quality company .

Is Divgi Torqtransfer Systems Ltd (DIVGIITTS) undervalued or overvalued?

The key valuation ratios of Divgi Torqtransfer Systems Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Divgi Torqtransfer Systems Ltd (DIVGIITTS) share price return in the past 10 years?

Data is not available for this company

Is Divgi Torqtransfer Systems Ltd (DIVGIITTS) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Divgi Torqtransfer Systems Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Divgi Torqtransfer Systems Ltd (DIVGIITTS)?

Company share prices are keep on changing according to the market conditions. The current trading price of Divgi Torqtransfer Systems Ltd (DIVGIITTS) on 05-Dec-2025 13:58:00 at 13:58 is 601.05.

What is the market cap of Divgi Torqtransfer Systems Ltd (DIVGIITTS)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Dec-2025 at 13:58, the market cap of Divgi Torqtransfer Systems stood at Rs. 1855.16.

What is the P/E ratio of Divgi Torqtransfer Systems?

The latest standalone P/E ratio of Divgi Torqtransfer Systems as of 05-Dec-2025 is 61.30.

What is the P/B ratio of Divgi Torqtransfer Systems Ltd (DIVGIITTS)?

The latest standalone P/B ratio of Divgi Torqtransfer Systems Ltd (DIVGIITTS) as of 05-Dec-2025 is 3.05.

What is the 52-week high and low of Divgi Torqtransfer Systems Ltd (DIVGIITTS)?

The 52-week high of Divgi Torqtransfer Systems Ltd (DIVGIITTS) is Rs. 709.50 and the 52-week low is Rs. 410.05.

What is the TTM revenue of Divgi Torqtransfer Systems Ltd (DIVGIITTS)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Divgi Torqtransfer Systems is Rs. 265.38 (Cr.).

Divgi Torqtransfer Systems Ltd (DIVGIITTS) - Company Profile, Valuation & Financials

Name: Divgi Torqtransfer Systems Ltd (DIVGIITTS)
Brand: Divgi Torqtransfer Systems

10 Year X-Ray of Divgi Torqtransfer:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.9%	45.5%	32%	29.9%	17.2%	19%	19.7%	15.5%	9.6%	5.7%	-
Value Creation Index ⓘ	-0.1	2.3	1.3	1.1	0.2	0.4	0.4	0.1	-0.3	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	9.5	133	159	187	159	187	234	271	253	219	265
Sales YoY Gr.	-	1,298.2%	19.8%	17.2%	-14.9%	17.3%	25.3%	15.9%	-6.5%	-13.6%	-
Adj EPS ⓘ	1.2	9.1	11.5	18.1	11.1	13.9	16.4	16.6	13	8	9.9
YoY Gr.	-	643.4%	26.7%	57.8%	-39%	25.4%	18.5%	1.2%	-21.8%	-38.7%	-
BVPS (₹) ⓘ	10.7	33	44.7	107.6	87	107.5	123.5	180.3	189.8	195.1	198.8
Adj Net Profit ⓘ	2.3	19.6	24.8	39.1	26.6	38.2	45.3	50.9	39.8	24.4	30
Cash Flow from Ops. ⓘ	1.3	33.2	19.9	46	38.4	27	51.1	40.8	32.5	35.2	-
Debt/CF from Ops. ⓘ	3.4	2.2	2.4	0	1.3	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	41.7%	6.6%	-2.2%	-13.6%
Adj EPS ⓘ	23.2%	-6.3%	-21.4%	-38.7%
BVPSⓘ	38.1%	17.5%	16.5%	2.8%
Share Price	-	-	-	-13.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	12.2	42.7	29.6	23.7	12	15.1	14.2	11.4	7	4.1	5
Op. Profit Mgn % ⓘ	-24.9	26.3	28.3	28.9	23.5	28	28.2	27.5	21.1	17.2	18.1
Net Profit Mgn % ⓘ	24.6	14.7	15.5	20.9	16.8	20.5	19.4	18.8	15.7	11.1	11.4
Debt to Equity ⓘ	0.2	1	0.5	0	0.2	0	0	0	0	0	0
Working Cap Days ⓘ	210	67	127	128	143	147	144	143	177	202	266
Cash Conv. Cycle ⓘ	51	4	36	51	50	36	43	47	73	88	224

Recent Performance Summary

Sales growth is good in last 4 quarters at 14.68%

Return on Equity has declined versus last 3 years average to 5.00%

Sales growth has been subdued in last 3 years -2.17%

Net Profit has been subdued in last 3 years -21.44%

	Standalone	Consolidated
TTM EPS (₹)	9.9	4.2
TTM Sales (₹ Cr.)	265	56.3
BVPS (₹.) ⓘ	198.8	0
Reserves (₹ Cr.) ⓘ	593	43
P/BV ⓘ	3.05	0.00
PE ⓘ	61.30	144.23

From the Market
52 Week Low / High (₹)	410.05 / 709.50
All Time Low / High (₹)	410.05 / 1149.00
Market Cap (₹ Cr.)	1,855
Equity (₹ Cr.)	15.3
Face Value (₹)	5
Industry PE ⓘ	44.7

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	10	133	159	187	159	187	234	271	253	219
Operating Expenses ⓘ	12	98	114	133	122	135	168	196	200	181
Manufacturing Costs	3	25	35	39	33	33	41	49	54	51
Material Costs	3	48	54	67	58	67	94	111	106	88
Employee Cost	5	14	15	16	17	22	23	24	24	25
Other Costs ⓘ	1	11	11	11	13	13	11	12	16	17
Operating Profit ⓘ	-2	35	45	54	37	52	66	75	53	38
Operating Profit Margin (%)	-24.9%	26.3%	28.3%	28.9%	23.3%	27.9%	28.2%	27.5%	21.0%	17.2%
Other Income ⓘ	6	6	5	9	12	8	8	8	20	21
Interest ⓘ	1	7	7	1	5	0	0	0	1	1
Depreciation ⓘ	1	3	4	6	6	8	11	13	19	25
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	2	31	40	56	38	53	62	69	54	33
Tax ⓘ	-0	11	15	15	10	15	16	18	14	9
Profit After Tax	2	20	25	40	28	38	46	51	40	24
PAT Margin (%)	24.6%	15.0%	15.8%	21.6%	17.6%	20.4%	19.7%	18.9%	15.7%	11.1%
Adjusted EPS (₹)	1.2	9.3	11.7	18.7	11.4	13.8	16.8	16.7	13.0	8.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	6%	6%	20%	20%	20%	33%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund	20	71	96	234	210	296	340	551	580	597
Share Capital ⓘ	5	5	5	7	6	7	14	15	15	15
Reserves ⓘ	16	66	91	227	204	289	326	536	565	581
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4	2	49	0	0	0	0	0	0	0
Long Term Debt	1	2	1	0	0	0	0	0	0	0
Short Term Debt	3	0	48	0	0	0	0	0	0	0
Trade Payables	3	22	24	20	23	40	40	46	38	40
Others Liabilities ⓘ	5	84	16	24	71	27	26	44	23	23
Total Liabilities ⓘ	32	179	185	279	304	363	405	642	641	660
Fixed Assets
Gross Block	29	105	125	136	153	176	194	212	339	392
Accumulated Depreciation	23	50	54	57	64	71	82	95	111	136
Net Fixed Assets ⓘ	6	55	72	78	89	105	112	117	227	255
CWIP ⓘ	0	4	2	9	6	6	28	93	26	2
Investmentsⓘ	2	0	0	0	0	0	0	0	0	0
Inventories	1	12	20	20	21	27	30	32	36	39
Trade Receivables	2	29	37	38	23	55	53	73	63	55
Cash Equivalents ⓘ	20	71	47	125	150	159	173	311	264	285
Others Assetsⓘ	2	7	7	8	14	11	9	16	25	24
Total Assets ⓘ	32	179	185	279	304	363	405	642	641	660

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ	1	33	20	46	38	27	51	41	32	35
PBT ⓘ	2	31	40	56	38	53	62	69	54	33
Adjustment ⓘ	-4	5	7	-0	2	4	5	6	-0	5
Changes in Working Capital ⓘ	3	5	-14	5	10	-17	-1	-17	-7	4
Tax Paid ⓘ	0	-8	-13	-15	-12	-12	-16	-17	-14	-7
Cash Flow From Investing Activity ⓘ	5	-125	7	-90	-24	-25	-51	-213	6	-43
Capex	-1	-14	-18	-22	-13	-26	-40	-68	-78	-26
Net Investments	0	-115	22	-74	-16	-9	-17	-151	74	-37
Others ⓘ	6	4	3	6	5	10	6	6	10	21
Cash Flow From Financing Activityⓘ	-3	83	-30	48	-6	-3	-3	160	-12	-9
Net Proceeds from Shares ⓘ	0	30	0	0	0	0	0	169	0	0
Net Proceeds from Borrowing ⓘ	-0	72	0	-1	-0	-0	-0	0	-0	-0
Interest Paid ⓘ	-1	-7	-6	-1	-0	-0	-0	-0	-0	-0
Dividend Paid ⓘ	0	0	0	0	-4	-2	-2	-9	-10	-8
Others ⓘ	-2	-12	-25	49	-1	-1	-1	-1	-1	-0
Net Cash Flow ⓘ	4	-9	-3	4	8	-0	-3	-13	27	-16

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	12.17	43.63	30.19	24.53	12.7	15.05	14.52	11.48	7.02	4.14
ROCE (%)	12.87	45.47	32	29.86	17.15	19.01	19.66	15.53	9.56	5.71
Asset Turnover Ratio	0.32	1.35	0.89	0.81	0.55	0.56	0.61	0.52	0.39	0.34
PAT to CFO Conversion(x)	0.5	1.65	0.8	1.15	1.36	0.71	1.11	0.8	0.8	1.46
Working Capital Days
Receivable Days	105	39	74	73	70	76	84	85	98	99
Inventory Days	28	16	37	39	47	46	44	42	49	62
Payable Days	297	96	157	122	136	171	155	141	144	161

About Divgi Torqtransfer Systems Ltd

Divgi TorqTransfer Systems was originally incorporated as ‘Divgi Metalwares Private Limited’, a private limited company under the Companies Act, 1956 through certificate of incorporation dated December 16, 1964 issued by the RoC. Pursuant to an amendment to the Companies Act, 1956, the company was deemed public under Section 43A(1A) of the Companies Act, 1956. Consequently, the word private was deleted from the name of the company and its name was changed to “Divgi Metalwares Limited” with effect from July 1, 1996. The name of the company was further changed to “Divgi Metalwares Private Limited” upon insertion of the word ‘Private’ after the company was converted into a private limited company pursuant to an amendment to Section 43A(1A) in Companies Act, 1956 by Companies Amendment Act, 2000 with effect from November 23, 1998 and subsequently, a fresh certificate of incorporation dated October 26, 1999 was issued by the RoC.

Divgi Transmission Private Limited was incorporated on September 18, 1995. Pursuant to the special resolution dated September 20, 1995, the name of Divgi Transmission Private Limited was changed to “Divgi Warner Private Limited” and a fresh certificate of incorporation was issued on November 8, 1995. The name was further changed to “Divgi TorqTransfer Systems Private Limited” pursuant to the buyout of shares from BorgWarner and a fresh certificate of incorporation was issued on September 30, 2016.

Pursuant to an order passed by the National Company Law Tribunal, Mumbai Bench on September 21, 2017, the erstwhile Divgi TorqTransfer Systems Private Limited amalgamated with the company i.e. Divgi Metalwares Private Limited and subsequently, the name of the company changed from “Divgi Metalwares Private Limited” to “Divgi TorqTransfer Systems Private Limited” and a fresh certificate of incorporation dated November 24, 2017 was issued by the RoC. The erstwhile Divgi TorqTransfer Systems Private Limited was a wholly owned subsidiary of the company i.e., Divgi Metalwares Private Limited. Thereafter, pursuant to a special resolution passed by its shareholders on October 18, 2021, the company was converted to a public limited company and its name was changed to “Divgi TorqTransfer Systems Limited”. A fresh certificate of incorporation dated March 10, 2022 consequent upon change of name was issued by the RoC.

The company was established in 1964 as a small-scale manufacturing enterprise specializing in the manufacturing of gears and screwed machined parts. Serial entrepreneurship combined with a robust foundation in gear technology and manufacturing enabled the founding members, Ramarao and Bhaskar Divgi to carve a niche for themselves in a daunting marketplace that was strife with uncertainty and complexities of that era.

The company has an in-house software development capability, which helps it in providing system level solutions offering software that controls the vehicle dynamics. It is also one of the first few suppliers of steel and carbon-based synchronizer systems for the Indian markets, and are one of the leading manufacturers of steel synchronizers in India. It has achieved leading positions for select products in its portfolio through focus on innovation; offering of customized solutions in distinctive products; in-house software development capability; and product development and production at quality standards acceptable to its clients and at optimized costs. It is in the process of launching domestically manufactured DCT systems for the Indian market. Therefore, it will be the only manufacturer of DCT systems in India. Very few component suppliers as well as OEMs globally have the capability to develop the system integration software solutions in-house.

The company has a diverse portfolio of products which includes mechanical as well as electrical 4×4 transfer cases, interactive torque couplers, dual & triple cone steel synchronizers, dual clutch automatic transmissions, 5 & 6 speed manual transmissions and single speed electric vehicle (EV) transmission.

Business area of the company

The company is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. It is also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India. It also has the capability to develop and provide transmission systems for EVs.

Products of the company

Torque Transfer Systems

Mechanical Transfer Case
Electric Shift Transfer Case
Torque-on-Demand Transfer Case
Torque Coupler Transfer Case
Dual - offset Transfer Case
Dual - offset Transfer Case with bevel differential
Single - offset Transfer Case

Manual Transmission

Synchronizer Systems

Dual Clutch Transmission

Transmissions for Battery Electric Vehicles

Components

Ring Gear
Sun Gear
Assembly Hub & Clutch Disc
Lock Up Collar & Clutch Disc
Final Drive Gear
Flange
Shaft

Awards, accreditations or recognition

2008: Innovation Award for ECU development by BorgWarner.
2008: The BorgWarner Chairman’s Operational Excellence Award by BorgWarner Production System.
2015: Best Eco Kaizen Award awarded by Toyota Kirloskar Motor.
2017: 1st runner up at the National HR Competition Circle organized by Confederation of Indian Industry.
2017: Zero Defect Supplies Award by Toyota Kirloskar Auto Parts.
2018: Toyota Quality Award by Toyota Kirloskar Auto Parts.
2018: 1st prize at the National HR Competition Circle organized by Confederation of Indian Industry.
2019: Toyota’s Quality Circle Competition Award by Toyota Kirloskar Suppliers Association.
2019: 1st prize at the National HR Competition Circle organized by Confederation of Indian Industry 177 Calendar Year Accreditations.
2020: Zero Defect Supplies Award by Toyota Kirloskar Auto Parts.
2020: Toyota Delivery Award by Toyota Kirloskar Auto Parts.
2020: Toyota Quality Award by Toyota Kirloskar Auto Parts.
2021: Special Appreciation Award by Mahindra Rise for transfer case for Thar.
2021: Outstanding Development for Gears and Synchronizers’ certificate by Force Motors.
2021: Zero Defect Supplies Award by Toyota Kirloskar Auto Parts.
2021: Supplier of the Year Award by Toyota Kirloskar Auto Parts.
2022: Platinum Award by Confederation of Indian Industry for the Best HR Practices in Developing Future Leaders for the MSME category.
2022: Annual Commodity Award (Powertrain Proprietary - Automotive Division) by Mahindra Rise in recognition of superior performance.

History and milestones

1995: Divgi Metalwares Private Limited entered into a formation agreement with BorgWarner. The agreement was in connection to the formation of a corporation, for the manufacturing and sale of transmission components, transfer cases and certain other components, manufactured by BorgWarner.
2016: Exit of BorgWarner through buy out of shares by Divgi Metalwares Private Limited.
2016: Entered into an investment agreement with NRJN Family Trust (represented by its corporate trustee, Entrust Family Office Legal and Trusteeship Services Private Limited).
2017: Amalgamation of erstwhile, Divgi TorqTransfer Systems Private Limited and Divgi Metalwares Private Limited and the amalgamated entity was renamed as Divgi TorqTransfer Systems Private Limited.
2018: Entered into share subscription agreement Oman India Joint Investment Fund II.
2019: Awarded the Transfer case business from Russian automobile manufacturer.
2019: Awarded the Transfer case business from Mahindra & Mahindra for the new generation Thar and Scorpio.
2020: Awarded the planetary sun gear business from Toyota Kirloskar Auto Parts.
2020: Awarded the NexTrac assembly business from Mahindra & Mahindra for XUV 700.
2021: Awarded the Transfer case business from Chinese automobile manufacturer.
2021: Awarded the EV transmission business from TACO (a JV between Tata Automotive Components and Prestolite Electric) for electronic vehicle motors.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Divgi Torqtransfer Systems Ltd (DIVGIITTS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

Divgi Torqtransfer Share Price

Divgi Torqtransfer Systems Ltd (DIVGIITTS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

DeciZen - make an informed investing decision on Divgi Torqtransfer Share

Overall Rating ⓘ

1. Quality

2. Valuation ⓘ

3. Price Trend

Divgi Torqtransfer Systems stock performance -

Is Divgi Torqtransfer Systems Ltd an attractive stock to invest in?

1. Is Divgi Torqtransfer Systems Ltd a good quality company?

2. Is Divgi Torqtransfer Systems Ltd undervalued or overvalued?

3. Is Divgi Torqtransfer Systems Ltd a good buy now?

10 Year X-Ray of Divgi Torqtransfer: Share

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials - Divgi Torqtransfer Systems Ltd.

Management X-Ray of Divgi Torqtransfer: Share

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of Divgi Torqtransfer - Standalone Basis Share

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Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update Share

Analyst's Notes Share

Key Ratios of Divgi Torqtransfer Share

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

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Equity and Liabilities

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10 Year X-Ray of Divgi Torqtransfer:

Management X-Ray of Divgi Torqtransfer:

Valuation of Divgi Torqtransfer - Standalone Basis

Event Update

Analyst's Notes

Key Ratios of Divgi Torqtransfer

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Divgi Torqtransfer Systems Ltd Stock News

About Divgi Torqtransfer Systems Ltd