Digidrive Distributors Ltd - Stock Valuation and Financial Performance

BSE: 544079 | NSE: DIGIDRIVE | Retailing | Small Cap

Digidrive Distribut Share Price

42.30 0.66 1.59%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on Digidrive Distribut

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Digidrive Distributors stock performance -

mw4me loader
P/E Ratio (SA):
28.59
Market Cap:
163.1 Cr.
52-wk low:
34.8
52-wk high:
125.2

Is Digidrive Distributors Ltd an attractive stock to invest in?

1. Is Digidrive Distributors Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Digidrive Distributors Ltd is a below average quality company.

2. Is Digidrive Distributors Ltd undervalued or overvalued?

The key valuation ratios of Digidrive Distributors Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Digidrive Distributors Ltd a good buy now?

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

10 Year X-Ray of Digidrive Distribut:

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 end

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

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.
Digidrive Distributors Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'23TTM
ROCE % 4.3%-
Value Creation
Index
-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28.228
Sales YoY Gr.--
Adj EPS 01.5
YoY Gr.--
BVPS (₹) 34.834.9
Adj Net
Profit
5.76
Cash Flow from Ops. -7-
Debt/CF from Ops. 0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'23TTM
Return on
Equity %
4.34.3
Op. Profit
Mgn %
1.50.7
Net Profit
Mgn %
20.220.2
Debt to
Equity
0-
Working Cap
Days
00
Cash Conv.
Cycle
00

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 4.20%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 8.03%

Latest Financials - Digidrive Distributors Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 1.2
TTM Sales (₹ Cr.) 28.2 42.9
BVPS (₹.) 34.9 35.2
Reserves (₹ Cr.) 96 97
P/BV 1.21 1.20
PE 28.59 35.09
From the Market
52 Week Low / High (₹) 34.80 / 125.15
All Time Low / High (₹) 34.80 / 125.15
Market Cap (₹ Cr.) 163
Equity (₹ Cr.) 38.6
Face Value (₹) 10
Industry PE 113.2

Management X-Ray of Digidrive Distribut:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Digidrive Distribut

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23
Sales28
Operating Expenses 28
Manufacturing Costs0
Material Costs28
Employee Cost 0
Other Costs 0
Operating Profit 0
Operating Profit Margin (%) 1.5%
Other Income 7
Interest 0
Depreciation 0
Exceptional Items 0
Profit Before Tax 7
Tax 2
Profit After Tax 6
PAT Margin (%) 20.2%
Adjusted EPS (₹)1.5
Dividend Payout Ratio (%)0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23

Equity and Liabilities

Shareholders Fund 96
Share Capital 0
Reserves 96
Minority Interest0
Debt0
Long Term Debt0
Short Term Debt0
Trade Payables0
Others Liabilities 46
Total Liabilities 142

Fixed Assets

Gross Block0
Accumulated Depreciation0
Net Fixed Assets0
CWIP 0
Investments 122
Inventories4
Trade Receivables2
Cash Equivalents 5
Others Assets8
Total Assets 142

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23
Cash Flow From Operating Activity -7
PBT 7
Adjustment -7
Changes in Working Capital -6
Tax Paid -2
Cash Flow From Investing Activity 7
Capex 0
Net Investments 0
Others 7
Cash Flow From Financing Activity 0
Net Proceeds from Shares 0
Net Proceeds from Borrowing 0
Interest Paid 0
Dividend Paid 0
Others 0
Net Cash Flow 0
PARTICULARSMar'23
Ratios
ROE (%)5.96
ROCE (%)5.5
Asset Turnover Ratio0.2
PAT to CFO Conversion(x)-1.17
Working Capital Days
Receivable Days29
Inventory Days54
Payable Days0

Digidrive Distributors Ltd Stock News

Digidrive Distributors Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Digidrive Distribut on 26-Apr-2024 16:01 is ₹42.30.
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 26-Apr-2024 16:01 the market cap of Digidrive Distribut stood at ₹163.1.
The latest P/E ratio of Digidrive Distribut as of 26-Apr-2024 16:01 is 28.59.
The latest P/B ratio of Digidrive Distribut as of 26-Apr-2024 16:01 is 1.21.
The 52-week high of Digidrive Distribut is ₹125.2 and the 52-week low is ₹34.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Digidrive Distribut is ₹28.22 ( Cr.) .

About Digidrive Distributors Ltd

Digidrive Distributors Limited, a RP Sanjiv Goenka Group company, is a public company incorporated on March 15, 2022 under the provisions of the Companies Act, 2013. The registered office of the Company is located in Kolkata, West Bengal.

The Company was incorporated to create a specialised master distributor for retailing goods on all digital marketplaces. Amongst all the products that company aims to sell through the online marketplace, Carvaan, supplied by Saregama India Limited, is one of the key products in its bouquet. The Company intends to sell a suite of products using the online channel, in the B2B segment.

Launched in 2017, the Carvaan is a portable digital music player with in-built stereo speakers that comes in different product variants consisting 250 to 5000 evergreen preloaded songs across languages and genres, allowing customers to listen to music anytime without any advertising breaks. Having built the required expertise and skillset, the Company also plans to offer its sales and marketing services to other market participants.

Business area of the company

The company’s business operation is mainly E-commerce marketplace. The company’s marketplace provides customizable online storefront solutions on a scalable platform, including mobile applications, digital product catalogue, content management, promotions handling, access to payment gateways as well as fulfilment services. The marketplace enables merchants to access customers across multiple sales channels and provides cost-effective marketing and distribution solutions. The company’s e-retail operations provide the Company with access to customers, market analytics and other synergistic operating efficiencies and offerings and an additional sales channel for marketplace merchants.

Read More Read Less
You have 0 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.