Digidrive Distributors Ltd - Stock Valuation and Financial Performance

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

Digidrive Distribut Share Price

46.50 -0.63 -1.34%
as on 04-Oct'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 Undervalued

3. Price Trend

Semi Strong

Digidrive Distributors stock performance -

mw4me loader
P/E Ratio (SA):
41.46
Market Cap:
180.1 Cr.
52-wk low:
30.8
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 Undervalued 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'23Mar'24TTM
ROCE % 5.5%3.3%-
Value Creation
Index
-0.6-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28.231.932
Sales YoY Gr.-13%-
Adj EPS 01.11.1
YoY Gr.-NA-
BVPS (₹) 058.358.5
Adj Net
Profit
5.74.34
Cash Flow from Ops. -76.6-
Debt/CF from Ops. 00-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA13%
Adj EPS NANANANA
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'23Mar'24TTM
Return on
Equity %
4.32.41.9
Op. Profit
Mgn %
1.5-3.9-1
Net Profit
Mgn %
20.213.613.7
Debt to
Equity
00-
Working Cap
Days
014979
Cash Conv.
Cycle
06268

Recent Performance Summary

Sales growth is good in last 4 quarters at 19.72%

Return on Equity has declined versus last 3 years average to 1.90%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Digidrive Distributors Ltd.

Standalone Consolidated
TTM EPS (₹) 1.1 1.1
TTM Sales (₹ Cr.) 31.9 47.6
BVPS (₹.) 58.5 58.9
Reserves (₹ Cr.) 187 189
P/BV 0.80 0.79
PE 41.46 44.40
From the Market
52 Week Low / High (₹) 30.75 / 125.15
All Time Low / High (₹) 30.75 / 125.15
Market Cap (₹ Cr.) 180
Equity (₹ Cr.) 38.6
Face Value (₹) 10
Industry PE 115.7

Management X-Ray of Digidrive Distribut:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Digidrive Distribut

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24
Sales2832
Operating Expenses 2833
Manufacturing Costs00
Material Costs2831
Employee Cost 00
Other Costs 02
Operating Profit 0-1
Operating Profit Margin (%) 1.5%-3.9%
Other Income 77
Interest 00
Depreciation 00
Exceptional Items 00
Profit Before Tax 76
Tax 22
Profit After Tax 64
PAT Margin (%) 20.2%13.6%
Adjusted EPS (₹)0.01.1
Dividend Payout Ratio (%)0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24

Equity and Liabilities

Shareholders Fund 96225
Share Capital 039
Reserves 96186
Minority Interest00
Debt00
Long Term Debt00
Short Term Debt00
Trade Payables03
Others Liabilities 4619
Total Liabilities 142247

Fixed Assets

Gross Block00
Accumulated Depreciation00
Net Fixed Assets00
CWIP 00
Investments 122221
Inventories44
Trade Receivables23
Cash Equivalents 515
Others Assets84
Total Assets 142247

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24
Cash Flow From Operating Activity -77
PBT 76
Adjustment -7-7
Changes in Working Capital -610
Tax Paid -2-2
Cash Flow From Investing Activity 7-3
Capex 00
Net Investments 0-10
Others 77
Cash Flow From Financing Activity 00
Net Proceeds from Shares 00
Net Proceeds from Borrowing 00
Interest Paid 00
Dividend Paid 00
Others 00
Net Cash Flow 04
PARTICULARSMar'23Mar'24
Ratios
ROE (%)5.962.71
ROCE (%)5.53.34
Asset Turnover Ratio0.20.16
PAT to CFO Conversion(x)-1.171.75
Working Capital Days
Receivable Days2932
Inventory Days5448
Payable Days036

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 04-Oct-2024 16:01 is ₹46.50.
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 04-Oct-2024 16:01 the market cap of Digidrive Distribut stood at ₹180.1.
The latest P/E ratio of Digidrive Distribut as of 04-Oct-2024 16:01 is 41.46.
The latest P/B ratio of Digidrive Distribut as of 04-Oct-2024 16:01 is 0.80.
The 52-week high of Digidrive Distribut is ₹125.2 and the 52-week low is ₹30.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Digidrive Distribut is ₹31.90 ( 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.

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