Financials Dhanlaxmi Cotex Limited

Equities

DHANCOT6

INE977F01010

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 06:00:50 2024-05-14 EDT 5-day change 1st Jan Change
66.5 INR +4.97% Intraday chart for Dhanlaxmi Cotex Limited +10.21% -5.19%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 87.68 121.1 109.6 63.72 432.6 435.3
Enterprise Value (EV) 1 -106.2 -83.85 18.48 -110.5 152.9 115.6
P/E ratio 9.84 x 33.1 x 3.33 x 22.9 x 13.1 x 182 x
Yield - - - - - -
Capitalization / Revenue 0.29 x 2.05 x 1.11 x 0.92 x 1.94 x 1.72 x
EV / Revenue -0.35 x -1.42 x 0.19 x -1.6 x 0.69 x 0.46 x
EV / EBITDA 57.8 x -17.9 x 0.51 x -23.3 x 3.91 x 24.9 x
EV / FCF 2.9 x -1.54 x 0.74 x 35.2 x 7.1 x -327 x
FCF Yield 34.4% -65% 134% 2.84% 14.1% -0.31%
Price to Book 0.24 x 0.34 x 0.49 x 0.18 x 0.94 x 0.88 x
Nbr of stocks (in thousands) 4,871 4,871 4,871 4,871 4,871 4,871
Reference price 2 18.00 24.85 22.50 13.08 88.80 89.35
Announcement Date 8/30/18 9/5/19 9/7/20 9/4/21 9/2/22 9/6/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 301.5 58.95 98.84 69.07 222.4 253.2
EBITDA 1 -1.837 4.681 36.49 4.747 39.05 4.644
EBIT 1 -1.851 4.665 36.46 4.72 38.65 3.572
Operating Margin -0.61% 7.91% 36.89% 6.83% 17.38% 1.41%
Earnings before Tax (EBT) 1 10.67 4.167 36.46 2.784 38.65 3.56
Net income 1 8.928 3.669 32.89 2.785 33.15 2.369
Net margin 2.96% 6.22% 33.27% 4.03% 14.9% 0.94%
EPS 2 1.830 0.7500 6.750 0.5700 6.800 0.4900
Free Cash Flow 1 -36.59 54.52 24.84 -3.137 21.54 -0.354
FCF margin -12.14% 92.49% 25.13% -4.54% 9.69% -0.14%
FCF Conversion (EBITDA) - 1,164.92% 68.08% - 55.17% -
FCF Conversion (Net income) - 1,486.14% 75.53% - 65% -
Dividend per Share - - - - - -
Announcement Date 8/30/18 9/5/19 9/7/20 9/4/21 9/2/22 9/6/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 194 205 91.1 174 280 320
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -36.6 54.5 24.8 -3.14 21.5 -0.35
ROE (net income / shareholders' equity) 2.5% 1.01% 11.3% 0.96% 8.07% 0.5%
ROA (Net income/ Total Assets) -0.32% 0.8% 7.74% 1.01% 5.86% 0.46%
Assets 1 -2,772 458.2 425.1 276.8 565.6 512.8
Book Value Per Share 2 74.50 74.10 45.80 73.60 95.00 101.0
Cash Flow per Share 2 1.290 1.110 0.1800 3.690 3.890 5.030
Capex 1 0.03 - 0.05 - 8.15 2.06
Capex / Sales 0.01% - 0.05% - 3.66% 0.82%
Announcement Date 8/30/18 9/5/19 9/7/20 9/4/21 9/2/22 9/6/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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