X

Digjam Ltd. - (Amalgamation) Stock Analysis

Small Cap
Evaluated by 168 users | BSE: 503796 | NSE: DIGJAM |
Textile - Weaving
Digjam incorporated in 1948, is one of the leading players in clothing and fashion industry. Being part of S K Birla Group Company, it was earlier known as Birla VXL (BVL). Later in May, 2008 the name was changed to present one.It is a leading textile company in India, manufacturer of fabrics...

Analysis of Financial Track Record

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.
Value Creation
 Mar'06Mar'07Mar'08Mar'09Sep'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Capital Employed 0.69%-6.14%-7.88%-4.13%12.66%7.44%10.4%4.22%12.99%-10.52%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 120108111140124162181136150132
Y-o-Y Gr. Rt.--9.8%2.8%26%-11.4%31%11.4%-24.7%10.3%-11.8%
Adjusted EPS (Rs.) 1.27-2.18-2.13-1.80.180.47-0.17-0.740.15-1.74
Y-o-Y Gr. Rt.--271.7%NANANA161.1%-136.2%NANA-1260%
Book Value per Share (Rs.) -175.18-7.15-8.33-10.01-2.39-4.26-1.951.351.39-0.34
Adjusted Net Profit 2.4-15-14.6-12.41.23.5-1.2-6.51.3-15.3
Net Op. Cash Flow (Rs. Cr.) 87-108.45.14.515.914.613.9
Debt to Cash Flow from Ops 121.523.57-164.35,472.746.0728.3718.424.74.073.76
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Digjam Ltd. - (Amalgamation) should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 1.1%1.3%-9.9%-11.8%
Adjusted EPS -203.6%-257.4%NA-1260%
Book Value per Share 000-124.5
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'06Mar'07Mar'08Mar'09Sep'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Equity (%) -0.7829.7927.4823.34-7.8843.09-18.02-6710.87-214.29
Operating Profit Margin (%) 12.70.83-2.992.060.6810.598.44.1610.54-1.48
Net Profit Margin (%) 1.98-13.86-13.16-8.840.992.12-0.68-4.750.87-11.52
Debt to Equity -2.95-3.37-2.83-3.01-24.1511.6311.186.294.8725.21
Working Capital Days 1,332285276223160363187263210198
Cash Conversion Cycle 667116928270204140167107110
Entity Percentage Holding
Promoters 44.00%
Institutions 13.12%
Non-Institutions 42.88%
Pledged *9.709.449.449.449.349.349.349.349.349.34
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

Digjam incorporated in 1948, is one of the leading players in clothing and fashion industry. Being part of S K Birla Group Company, it was earlier known as Birla VXL (BVL). Later in May, 2008 the name was changed to present one.

It is a leading textile company in India, manufacturer of fabrics for suiting and ready-to-wear clothing under its own brands.

The company has received ISO 9001 certification for

Digjam incorporated in 1948, is one of the leading players in clothing and fashion industry. Being part of S K Birla Group Company, it was earlier known as Birla VXL (BVL). Later in May, 2008 the name was changed to present one.

It is a leading textile company in India, manufacturer of fabrics for suiting and ready-to-wear clothing under its own brands.

The company has received ISO 9001 certification for its quality management. Company has workforce of 1050 employees. The company has corporate clientele namely Aditya Birla Nuvo, Castrol India, ICICI, ITC, Mysore Cement, SAIL, Shopper’s Stop, HPCL are among others.

Manufacturing Facility

Company’s plant is located at Jamnagar is spread across on an area of 47 acres. It is well-equipped with state-of-the-art machinery imported from France, Germany, Switzerland and Italy.

It is fully integrated plant that converts wool tops to finished fabrics through different processes of Dyeing, Spinning, Weaving and Finishing.

It has production capacity of over 5 million meters. Out of this, only 35%-40% (approximately) is exported to major countries across the globe.

Annually, the company manufactures over 3000 design-shade combinations each year in Light Wool, Polyester Wool and Woolen fabrics and markets its under the brand name DIGJAM.

Awards

Digjam has received status 'ACCREDITED MILL” by LYCRA ASSURED Network.

The company has also received export house certification for excellence in its export performance.

For four consecutive years, DIGJAM Limited has received the highest Exporter Award, in the woolen worsted category, from the export Promotion Council, a Govt. of India Undertaking.

Outlook

Digjam has a tie up with Holland & Sherry, a Scotland based fabric maker for retailing its exclusive range in the Indian market.

The company is planning to expand its ready-to-wear (RTW) range that would be available across India through a chain of select showrooms.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback