Danlaw Technology

₹1674.5 29.1 | 1.8%

WEBSITE BSE:532329 NSE : DANLAW TECH. 18 May, 12:50

Market Cap ₹816 Cr.

Stock P/E 45.4

P/B 15.8

Current Price ₹1674.5

Book Value ₹ 105.7

Face Value 10

52W High ₹2310

Dividend Yield 0%

52W Low ₹ 530

Edit Ratio

Danlaw Technology Research see more...

Overview Inc. Year: 1992Industry: IT - Software

Danlaw Technologies India Ltd is a dynamic and innovative company operating in the technology sector. With its headquarters in India, the company specializes in providing cutting-edge solutions and services to various industries worldwide. Danlaw Technologies excels in software development, embedded systems, automotive electronics, and connected vehicle technologies. The company's extensive expertise in automotive software and electronics has positioned it as a leader in the automotive industry. It offers a wide range of solutions, including vehicle telematics, diagnostics, fleet management, and connected car platforms. These solutions enable seamless communication, data analysis, and optimization for vehicle manufacturers and fleet operators. Danlaw Technologies India Ltd is committed to delivering high-quality products and services that meet the evolving needs of its clients. Through continuous innovation, advanced technologies, and a customer-centric approach, the company strives to drive digital transformation and enhance efficiency in various domains. With a strong focus on research and development, Danlaw Technologies continues to push the boundaries of technology and contribute to the advancement of the global tech ecosystem.

Danlaw Technology Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Danlaw Technology Quarterly Results

#(Fig in Cr.)	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	48	46	50	53
Other Income	0	0	0	0
Total Income	48	46	50	53
Total Expenditure	40	40	41	43
Operating Profit	8	7	9	10
Interest	1	1	1	1
Depreciation	4	1	1	1
Exceptional Income / Expenses	0	0	0	0
Profit Before Tax	4	5	8	8
Provision for Tax	1	1	2	2
Profit After Tax	2	4	6	6
Adjustments	-0	0	0	0
Profit After Adjustments	2	4	6	6
Adjusted Earnings Per Share	4.9	7.5	12.1	12.4

Danlaw Technology Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	9	8	9	11	11	18	26	15	28	122	167	197
Other Income	1	1	1	1	1	1	1	1	1	5	1	0
Total Income	10	10	10	12	13	19	27	16	29	126	168	197
Total Expenditure	8	9	8	9	11	17	26	19	30	115	147	164
Operating Profit	2	1	1	3	2	2	1	-2	-1	11	21	34
Interest	0	0	0	0	0	0	0	0	0	2	4	4
Depreciation	0	0	0	0	0	0	0	2	2	4	7	7
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	2	1	1	3	2	2	0	-4	-4	5	10	25
Provision for Tax	1	0	0	1	4	0	0	-1	-1	1	3	6
Profit After Tax	1	0	1	2	-2	1	0	-3	-3	4	7	18
Adjustments	0	0	0	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	1	0	1	2	-2	1	0	-3	-3	4	7	18
Adjusted Earnings Per Share	3.4	1.1	2.5	5.1	-5.3	3	0.8	-8.8	-7.2	11.5	14.9	36.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	37%	123%	56%	34%
Operating Profit CAGR	91%	0%	60%	27%
PAT CAGR	75%	0%	48%	21%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	192%	69%	77%	69%
ROE Average	23%	9%	3%	3%
ROCE Average	23%	8%	1%	4%

Danlaw Technology Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	22	22	23	25	23	24	24	21	18	28	36
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	23	24
Other Non-Current Liabilities	-4	-4	-4	-3	-0	-0	0	0	-2	4	12
Total Current Liabilities	0	0	1	1	1	5	10	17	15	32	40
Total Liabilities	18	19	20	23	24	29	35	38	32	88	113
Fixed Assets	1	1	1	1	1	1	1	8	7	30	34
Other Non-Current Assets	3	3	3	3	3	3	17	17	17	1	0
Total Current Assets	14	15	16	19	20	25	16	14	8	57	79
Total Assets	18	19	20	23	24	29	35	38	32	88	113

Danlaw Technology Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	9	11	13	13	15	13	8	5	4	3	4
Cash Flow from Operating Activities	2	2	0	2	-2	-4	10	4	-0	-8	7
Cash Flow from Investing Activities	-0	-0	-0	-0	-0	-0	-14	-5	-2	-2	-4
Cash Flow from Financing Activities	-0	-0	0	0	0	0	0	0	0	11	0
Net Cash Inflow / Outflow	2	2	0	2	-2	-4	-4	-0	-2	1	3
Closing Cash & Cash Equivalent	11	13	13	15	13	8	5	4	3	4	7

Danlaw Technology Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	3.38	1.08	2.53	5.11	-5.26	3.01	0.82	-8.82	-7.25	11.53	14.89
CEPS(Rs)	3.85	1.69	3.24	5.7	-4.74	3.52	1.58	-3.76	-1.23	22.71	29.47
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	59.21	60.29	61.59	66.7	61.29	64.37	65.19	56.87	49.41	73.27	73.7
Core EBITDA Margin(%)	10.39	-4.49	2.8	14.76	6.29	6.07	0.65	-21.32	-8.55	5.13	12.21
EBIT Margin(%)	21.4	7.46	13.57	25.39	14.11	8.97	1.93	-26.1	-12.64	5.62	8.42
Pre Tax Margin(%)	21.32	7.3	13.46	25.21	13.91	8.84	1.63	-27.98	-13.22	4.1	6.27
PAT Margin (%)	14.45	4.84	10.77	17.23	-17.01	6.14	1.18	-21.32	-9.66	3.52	4.34
Cash Profit Margin (%)	16.47	7.55	13.8	19.21	-15.34	7.17	2.26	-9.08	-1.64	6.93	8.59
ROA(%)	6.97	2.15	4.82	8.95	-8.49	4.27	0.97	-9	-7.65	7.12	7.22
ROE(%)	5.87	1.82	4.15	7.97	-8.21	4.79	1.27	-14.46	-13.63	18.8	23.01
ROCE(%)	8.69	2.8	5.23	11.74	6.81	7	2.08	-17.7	-17.85	17.84	22.69
Receivable days	118.1	70.35	53.88	64.07	119.28	191.1	139.8	117.36	47.82	32.89	52.84
Inventory Days	26.28	23.16	25.89	21.09	16.9	23.37	27.16	32.74	11.94	44.36	69.11
Payable days	61.95	10.09	42.1	61.03	43.98	113.17	145.12	298.33	67.38	41.81	51.81
PER(x)	2.49	7.74	7.71	13.77	0	23.23	112.04	0	0	14.46	29.75
Price/Book(x)	0.14	0.14	0.32	1.05	0.79	1.09	1.42	0.45	5.53	2.28	6.01
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	-0.87	-1.13	-0.64	1.01	0.43	0.96	1.14	0.35	3.55	0.72	1.43
EV/Core EBITDA(x)	-3.71	-11.11	-3.88	3.67	2.74	9.61	37.88	-2.55	-76.7	7.98	11.26
Net Sales Growth(%)	25.94	-4.19	4.86	26.22	4.18	58.43	42.67	-40.94	81.25	337.22	37.47
EBIT Growth(%)	2887.33	-66.6	90.81	136.08	-42.11	0.67	-69.33	-899.9	12.19	294.16	106.1
PAT Growth(%)	596.13	-67.9	133.3	101.94	-202.85	157.14	-72.63	-1169.85	17.88	259.19	69.65
EPS Growth(%)	596.15	-67.9	133.29	101.94	-202.85	157.34	-72.63	-1169.85	17.89	259.19	29.13
Debt/Equity(x)	0	0	0	0	0	0	0	0	0	1.1	0.83
Current Ratio(x)	50.92	39.54	19.31	18.61	18.16	4.8	1.65	0.82	0.53	1.77	1.96
Quick Ratio(x)	49.08	38.06	18.47	18.03	17.88	4.44	1.45	0.78	0.46	0.89	1.1
Interest Cover(x)	258.04	48.12	123.26	138.11	70.18	72.59	6.46	-13.85	-22.14	3.7	3.91
Total Debt/Mcap(x)	0.01	0	0	0	0	0	0	0	0	0.48	0.14

Danlaw Technology Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	49.92	49.92	49.92	49.92	49.92	49.92	49.92	38	61.88	61.88
FII	0	0	0	0	0	0	0	0	0.12	0
DII	1.16	1.16	1.16	1.16	1.16	1.16	1.16	0.88	0.88	0.88
Public	48.92	48.92	48.92	48.92	48.92	48.92	48.92	61.12	37.12	37.24
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.3	0.3
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.3	0.18	0.18
Others	0	0	0	0	0	0	0	0	0	0
Total	0.37	0.37	0.37	0.37	0.37	0.37	0.37	0.49	0.49	0.49

Pros

Company has delivered good profit growth of 47% CAGR over last 5 years

Cons

Company has a low return on equity of 9% over the last 3 years.
Debtor days have increased from 41.81 to 51.81days.
Stock is trading at 15.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.