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About
Panache Digilife Ltd (PANACHE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: PANACHE IT - Hardware | Small Cap | Panache Digilife Share Price
BSE Share Price
Not Listed
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Panache Digilife Ltd (PANACHE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: PANACHE IT - Hardware | Small Cap | Panache Digilife Share Price
BSE Share Price
Not Listed
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹836 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹11.9
TTM Sales
₹264 Cr.
Book Value per Share
₹68.2
P/E Ratio
43.79
Lower than its 5-year historical median
Industry PE
61.9
Price to Book (P/B)
7.66
Higher than its 5-year historical median
Price to Sales (P/S)
3.16
Higher than its 5-year historical median
EV/EBITDA
25.87
Higher than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
11.89%
Outperforms industry median
Return on Capital Employed (ROCE)
13.78%
Outperforms industry median
Return on Assets (ROA)
5.44%
Operating Profit Margin
9.2%
Net Profit Margin
4.93%
Gross Profit Margin
7.4%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
20.13%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
70.83%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
54.05%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹93 Cr.
Equity
₹16 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00
Check Before You Invest
Quality
Not GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Strong
Is Panache Digilife Ltd a good quality company?
Panache Digilife Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Panache Digilife Ltd performance compare with that of its Peers?
Revenue growth of Panache Digilife Ltd vs industry peers?
Panache Digilife Ltd revenue CAGR is 10.25%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Panache Digilife Ltd?
Promoters hold 54.05% of the Panache Digilife Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Panache Digilife Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 55.12% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Panache Digilife Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 21.7% | 20.3% | 16.4% | 18.3% | 10.6% | 14.6% | 10.7% | 9.8% | 7.2% | 13.1% | - |
| Value Creation Index ⓘ | 0.6 | 0.5 | 0.2 | 0.3 | -0.3 | 0.1 | -0.2 | -0.3 | -0.5 | -0.1 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 49.1 | 56.2 | 77.1 | 93.1 | 71.3 | 77.6 | 85.9 | 112 | 96.5 | 116 | 251 |
| Sales YoY Gr. | - | 14.4% | 37.2% | 20.8% | -23.5% | 8.8% | 10.7% | 30.1% | -13.7% | 20.1% | - |
| Adj EPS ⓘ | 23.3 | 2.2 | 2 | 3.4 | 1.9 | 2.9 | 1.9 | 1.7 | 3 | 3.8 | 11.6 |
| YoY Gr. | - | -90.6% | -9.6% | 72.7% | -43.3% | 49.5% | -35.9% | -6.5% | 69.5% | 29.5% | - |
| BVPS (₹) ⓘ | 70.5 | 7.7 | 19 | 22.6 | 24 | 27 | 28.9 | 30.6 | 30.9 | 45 | 70.6 |
| Adj Net Profit ⓘ | 1.4 | 1.8 | 2.4 | 4.1 | 2.3 | 3.5 | 2.2 | 2.1 | 3.5 | 5.8 | 19 |
| Cash Flow from Ops. ⓘ | -1.2 | -1 | -6.9 | -4.8 | 6.8 | 0.6 | 2.3 | -3.2 | 8.1 | -12.8 | - |
| Debt/CF from Ops. ⓘ | -14 | -18.2 | -1.9 | -5 | 4 | 49.3 | 10.5 | -10.6 | 3.9 | -1.6 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 10% | 10.2% | 10.5% | 20.1% | ||||
| Adj EPS ⓘ | -18.2% | 14.5% | 27.1% | 29.5% | ||||
| BVPSⓘ | -4.9% | 13.4% | 15.9% | 45.6% | ||||
| Share Price | - | 55.7% | 89.9% | 75.7% | ||||
Key Financial Parameters ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 39.4 | 34.1 | 15.9 | 16.2 | 8.3 | 11.3 | 6.7 | 5.9 | 9.6 | 10.9 | 20 |
| Op. Profit Mgn % ⓘ | 7 | 7.5 | 5.9 | 7.8 | 9.1 | 10.2 | 5.4 | 5.4 | 6.6 | 9.2 | 11.3 |
| Net Profit Mgn % ⓘ | 2.8 | 3.3 | 3.1 | 4.4 | 3.3 | 4.5 | 2.6 | 1.9 | 3.7 | 5 | 7.4 |
| Debt to Equity ⓘ | 3.9 | 2.8 | 0.6 | 0.9 | 0.9 | 0.9 | 0.7 | 0.9 | 0.9 | 0.3 | - |
| Working Cap Days ⓘ | 182 | 200 | 272 | 333 | 441 | 345 | 283 | 244 | 313 | 292 | 111 |
| Cash Conv. Cycle ⓘ | 101 | 105 | 133 | 97 | 168 | 149 | 185 | 155 | 186 | 180 | 58 |
Valuation of Panache Digilife - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 79 | 103 | 93 | 71 | 78 | 86 | 112 | 97 | 116 |
| Operating Expenses ⓘ + | 72 | 95 | 86 | 70 | 70 | 81 | 106 | 90 | 105 |
| Operating Profit ⓘ | 7 | 7 | 7 | 1 | 8 | 5 | 6 | 6 | 11 |
| Operating Profit Margin (%) | 8.6% | 6.9% | 7.3% | 1.6% | 10.2% | 5.3% | 5.1% | 6.5% | 9.2% |
| Other Income ⓘ + | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 1 |
| Interest ⓘ | 2 | 1 | 2 | 3 | 4 | 3 | 4 | 5 | 3 |
| Depreciation ⓘ | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit Before Tax ⓘ | 5 | 6 | 5 | -2 | 4 | 2 | 2 | -0 | 8 |
| Tax ⓘ | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 2 |
| Profit After Tax | 4 | 5 | 4 | -3 | 3 | 1 | 1 | -1 | 6 |
| PAT Margin (%) | 5.6% | 4.7% | 4.0% | -4.1% | 3.7% | 1.7% | 1.2% | -0.6% | 4.9% |
| Adjusted EPS (₹) | 5.3 | 4.1 | 3.1 | -2.5 | 0.3 | 0.7 | 0.7 | 0.5 | 4.5 |
| Dividend Payout Ratio (%) | 9.50% | 6.20% | 8.10% | -10.20% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 9 | 28 | 32 | 29 | 29 | 30 | 31 | 32 | 64 | ||
| Debt + | 18 | 13 | 24 | 42 | 26 | 22 | 32 | 30 | 20 | ||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | ||
| Trade Payables | 33 | 46 | 47 | 32 | 13 | 15 | 19 | 25 | 22 | ||
| Others Liabilities ⓘ | 3 | 3 | 4 | 7 | 26 | 30 | 19 | 10 | 8 | ||
| Total Liabilities ⓘ | 64 | 91 | 107 | 109 | 95 | 97 | 102 | 97 | 114 | ||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 1 | 1 | 2 | 22 | 5 | 4 | 9 | 9 | 10 | ||
| CWIP ⓘ | 0 | 0 | 0 | 6 | 6 | 6 | 0 | 0 | 0 | ||
| Investments ⓘ | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | ||
| Inventories | 15 | 30 | 25 | 27 | 18 | 26 | 26 | 25 | 27 | ||
| Trade Receivables | 43 | 49 | 64 | 40 | 38 | 32 | 48 | 48 | 65 | ||
| Cash Equivalents | 1 | 2 | 5 | 2 | 1 | 1 | 0 | 1 | 1 | ||
| Others Assets ⓘ | 1 | 6 | 8 | 8 | 27 | 28 | 19 | 14 | 11 | ||
| Total Assets ⓘ | 64 | 91 | 107 | 109 | 95 | 97 | 102 | 97 | 114 | ||
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 0 | -7 | -5 | 7 | 6 | 7 | -7 | 5 | -15 |
| Cash Flow From Investing Activity ⓘ + | 0 | -1 | 0 | -23 | -1 | 6 | 6 | 9 | 4 |
| Cash Flow From Financing Activity ⓘ + | 0 | 7 | -2 | 14 | -5 | -6 | -15 | -12 | 22 |
| Net Cash Flow ⓘ | 0 | -0 | -7 | -3 | -1 | 7 | -16 | 1 | 10 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 49.01 | 26.33 | 12.36 | -9.55 | 9.82 | 4.87 | 4.26 | -1.85 | 11.89 | |
| ROCE (%) | 26.54 | 21.86 | 15.56 | 0.84 | 12.24 | 10.25 | 9.66 | 6.26 | 13.78 | |
| Asset Turnover Ratio | 1.3 | 1.33 | 0.94 | 0.66 | 0.76 | 0.9 | 1.12 | 0.97 | 1.1 | |
| PAT to CFO Conversion(x) | 0 | -1.4 | -1.25 | N/A | 2 | 7 | -7 | N/A | -2.5 | |
| Working Capital Days | ||||||||||
| Receivable Days | 189.60 | 162.80 | 220.40 | 266.10 | 184.50 | 148.50 | 129.70 | 180.80 | 176.70 | |
| Inventory Days | 66.20 | 80.40 | 109.20 | 135.50 | 105.80 | 93.30 | 84.70 | 96 | 82.70 | |
| Payable Days | 182.30 | 162.10 | 217 | 257.80 | 131 | 67.80 | 63.50 | 98.30 | 88 | |
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Panache Digilife Ltd FAQs
The current trading price of Panache Digilife on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Panache Digilife stood at ₹836.2 Cr
The latest P/E ratio of Panache Digilife as of 31-Dec-1969 is 45.14.
The latest P/B ratio of Panache Digilife as of 31-Dec-1969 is 7.40.
The 52-week high of Panache Digilife is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panache Digilife is ₹251 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Panache Digilife Ltd is a below average quality company.
The key valuation ratios of Panache Digilife Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Panache Digilife Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
About Panache Digilife Ltd
Founded in 2007, Panache Digilife (Panache) has evolved into one of India’s leading ICT and IoT solution providers. What began as a modest white-box assembly unit has currently grown into a diversified, innovation-led organization serving the nation’s digital infrastructure needs. Panache’s strength lies in its end-to-end capabilities across the ODM (Original Design Manufacturing) value chain. From product ideation and design, all the way to mass manufacturing and postsales support, the company manages the complete lifecycle under one roof. This integrated approach not only ensures faster time-to-market but also gives it unmatched control over quality and customization.
The company’s product and solution portfolio is extensive and ever-evolving. The company operates across several high-growth domains, including Smart Computing & Virtualization Devices, Smart and Digital Classrooms, Connected Mobility (Smart Car Solutions), Retail IoT, Pen Displays. In addition, the company undertakes contract manufacturing for a wide range of electronic products such as Hybrid PCs, Wireless Landline Phones, CCTVs, Charging Solutions, and more.
The company’s manufacturing facilities operates at globally benchmarked standards. The company is compliant with a range of national and international certifications, including BIS, WPC, and environmental norms. The company’s facilities are ISO 9001:2015 and ISO 14001:2015 certified, ensuring quality and sustainability across all processes, from Stores and Incoming Quality Control (IQC) to In-Process Quality Control (IPQC), Final Quality Check (FQC), and Quality Analysis.
Business area of the company
The company is an ISO-certified, NSE-listed Indian ICT & IoT devices manufacturing, distribution and services company. With over decades of expertise in IT Hardware & Telecom and Testing & Lifecycle Management, the company serves global solution integrators with flexible, tailor-made designs and world-class manufacturing. The company’s product range spans compute, telecom, AV, surveillance, EdTech and medical devices, all designed and built in India.
Milestones
2007-2012: Foundation & Product Engineering
- Entered as a white-box desktop assembler, serving India’s early tech demand.
- Expanded into Thin Clients, SFF PCs, and embedded computing, setting the base for hardware innovation.
2013-2016: Expanding Into Emerging Segments
- Diversified into Smart Computing, Retail IoT, POS systems, and Digital Signage.
- Launched first-gen AIO PCs for Education, a landmark in EdTech hardware.
2017: IPO Listing on NSE Emerge (SME Platform)
- Successfully completed IPO and got listed on the NSE SME platform, opening new avenues for capital and growth.
2020: Migration to NSE Main Board
- Shifted from SME to Main Board, enhancing investor participation and market visibility.
2021-2022: Strategic Foray into EV & Contract Manufacturing
- Enhanced capabilities in design-led and contractled manufacturing for electronics and mobility segments.
FY23: Revenue Milestone
- Achieved a major financial milestone, crossing Rs 100 crore in annual revenue, backed by strong demand from education, institutional, and private sector clients.
- Scaled participation in Make in India and PLI 2.0 initiatives - especially in IT hardware and smart edge devices.
FY24: Scaling Deliveries & Strategic Orders
- Strengthened manufacturing backbone with a 57,000 sq. ft. Bhiwandi facility, fully air-conditioned and organized for end-to-end production.
- Consolidated backend and customer service operations through the acquisition of AIR Digilife Pvt. Ltd.
- Continued momentum in exports and institutional sales with a stronger product pipeline in AI laptops, SD-WAN routers, rugged kiosks, and AI servers.
FY25: Laying the Groundwork for Breakout Growth
- Expanded presence in industrial medical PCs, AV media systems, and smart retail solutions.
- Launched advanced AI hardware systems for education, BFSI, and industrial control, further reinforcing its position in the enterprise digital ecosystem.
- Aligned business roadmap with India’s growing demand for AI-based computing infrastructure, supported by PLI-driven scale.
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