Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹540 Cr.
Stock P/E
25.5
P/B
4.8
Current Price
₹329.6
Book Value
₹ 68.5
Face Value
10
52W High
₹460.8
52W Low
₹ 209.5
Dividend Yield
0.03%

DC Infotech & Commu. Overview

Business

DC Infotech and Communication Ltd. is an Indian IT company primarily engaged in the distribution and system integration of IT hardware and networking products. The company acts as an intermediary, sourcing a wide range of IT products (servers, storage, networking, security, power solutions, passive networking) from global OEMs like Dell, HPE, Cisco, Fortinet, and Vertiv. It then distributes these products to a vast network of resellers, system integrators, and OEMs across India. Additionally, DC Infotech provides end-to-end system integration services, designing, implementing, and managing complex IT infrastructure solutions for enterprises, government entities, and educational institutions. It also offers managed services, including annual maintenance contracts (AMCs) and facilities management services (FMS). The company makes money through margins on product sales, as well as fees for its integration and managed services.

Revenue Mix

While specific revenue breakdown numbers are not consistently published in public summaries, DC Infotech's business can generally be segmented into:

Product Distribution: This forms a significant portion, involving the sale of IT hardware and networking components.

System Integration & Solutions: This segment encompasses the design, deployment, and management of IT infrastructure projects.

Managed Services: This includes ongoing support, maintenance, and facilities management.

The core revenue driver is the distribution of IT products, with system integration and services contributing a growing portion by providing higher-value solutions and recurring revenue streams.

Industry

DC Infotech operates within the highly competitive Indian IT hardware distribution and system integration market. This industry is characterized by the presence of large global distributors (some operating directly or through subsidiaries), large national system integrators, and numerous regional players. DC Infotech positions itself as a specialized distributor and integrator with a strong network of partnerships with leading global IT vendors. Its strength lies in its pan-India distribution reach and the ability to offer a comprehensive portfolio of products and integrated solutions, catering to a diverse client base from SMBs to large enterprises and government organizations.

MOAT

DC Infotech's competitive advantages primarily stem from:

Strong Vendor Relationships: Established and long-standing partnerships with multiple global IT hardware manufacturers (e.g., Dell, HPE, Cisco), granting access to a wide product portfolio and competitive pricing.

Extensive Distribution Network: A well-developed pan-India network of channel partners, enabling wide market reach and efficient logistics.

Technical Expertise: A team capable of designing, implementing, and managing complex IT infrastructure solutions, adding value beyond mere product sales.

"One-Stop-Shop" Offering: Ability to provide a broad range of products and services, simplifying procurement and solution delivery for clients.

Growth Drivers

Key factors that can drive DC Infotech's growth over the next 3-5 years include:

Digital Transformation: Ongoing and accelerated digital transformation initiatives across Indian enterprises and government bodies.

IT Infrastructure Modernization: Increasing demand for modern data centers, cloud adoption, advanced networking, and cybersecurity solutions.

Government Initiatives: "Digital India" and other government pushes for technology adoption in public services and infrastructure.

Expansion of SMB Market: Growing IT spending by small and medium businesses seeking efficient and scalable IT solutions.

Increased Demand for Managed Services: Enterprises increasingly prefer outsourcing IT infrastructure management for cost efficiency and specialized expertise.

Risks

Supplier Dependence: Heavy reliance on a limited number of major global IT hardware vendors for products, making it vulnerable to changes in their policies, product availability, or pricing.

Technology Obsolescence: Rapid advancements in IT hardware and software can lead to inventory obsolescence and necessitate continuous adaptation.

Intense Competition & Pricing Pressure: The market is highly competitive, leading to potential margin erosion due to aggressive pricing by competitors.

Supply Chain Disruptions: Global supply chain issues (e.g., component shortages, logistics challenges) can impact product availability and delivery timelines.

Economic Downturn: A slowdown in the Indian economy could lead to reduced IT spending by businesses and government, impacting sales.

Client Concentration: Potential for a few large clients or projects to contribute significantly to revenue, posing a risk if those relationships change.

Management & Ownership

DC Infotech is primarily a promoter-driven company with key individuals like Mr. Dipesh Shah and Mr. Chetan Shah serving as promoters and holding significant management positions. The promoters possess considerable experience in the IT hardware distribution and solutions industry, having built the business over several years. The company's ownership structure typically involves the promoter group holding a substantial stake, aligning their interests with the company's long-term growth. Professional management teams also support the operations.

Outlook

DC Infotech operates in a dynamic Indian IT market that benefits from strong tailwinds of digital adoption and infrastructure modernization. The company's established vendor partnerships, broad product portfolio, and expanding service offerings position it to capture growth in both distribution and higher-margin system integration services. However, it faces intense competition and potential disruptions from rapidly evolving technology and global supply chain vulnerabilities. Its ability to maintain strong vendor relationships, adapt to technological changes, and efficiently manage its extensive distribution and service network will be crucial for sustained performance. The outlook suggests a company with a foundational business in a growing sector, needing to continually innovate and manage competitive pressures effectively.

DC Infotech & Commu. Share Price

Live · BSE / NSE · Inception: 2019
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

DC Infotech & Commu. Quarterly Results

#(Fig in Cr.) Dec 2024 Mar 2025 Jun 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 134 173 148 196 239 167
Other Income -0 1 1 1 1 1
Total Income 134 174 149 197 240 168
Total Expenditure 127 166 142 186 229 159
Operating Profit 7 8 7 11 11 9
Interest 2 2 2 2 3 2
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 5 6 5 8 7 6
Provision for Tax 1 2 1 2 2 2
Profit After Tax 4 4 4 6 6 5
Adjustments 0 0 0 0 0 -0
Profit After Adjustments 4 4 4 6 6 5
Adjusted Earnings Per Share 2.8 2.6 2.5 4.1 3.5 2.8

DC Infotech & Commu. Profit & Loss

#(Fig in Cr.) Mar 2025 Mar 2026 TTM
Net Sales 556 737 750
Other Income 1 2 4
Total Income 557 739 754
Total Expenditure 530 702 716
Operating Profit 28 37 38
Interest 7 9 9
Depreciation 1 1 0
Exceptional Income / Expenses 0 0 0
Profit Before Tax 20 28 26
Provision for Tax 6 7 7
Profit After Tax 14 21 21
Adjustments 0 0 0
Profit After Adjustments 14 21 21
Adjusted Earnings Per Share 10.2 12.9 12.9

DC Infotech & Commu. Balance Sheet

#(Fig in Cr.) Mar 2025 Mar 2026
Shareholder's Funds 72 108
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities -0 0
Total Current Liabilities 174 264
Total Liabilities 246 372
Fixed Assets 3 8
Other Non-Current Assets 0 0
Total Current Assets 243 364
Total Assets 246 372

DC Infotech & Commu. Cash Flow

#(Fig in Cr.) Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 12 23
Cash Flow from Operating Activities -4 -37
Cash Flow from Investing Activities -0 -4
Cash Flow from Financing Activities 15 43
Net Cash Inflow / Outflow 11 2
Closing Cash & Cash Equivalent 23 25

DC Infotech & Commu. Ratios

# Mar 2025 Mar 2026
Earnings Per Share (Rs) 10.23 12.93
CEPS(Rs) 10.62 13.38
DPS(Rs) 0 0.1
Book NAV/Share(Rs) 47.54 65.72
Core EBITDA Margin(%) 4.69 4.78
EBIT Margin(%) 4.85 4.94
Pre Tax Margin(%) 3.6 3.78
PAT Margin (%) 2.61 2.88
Cash Profit Margin (%) 2.71 2.98
ROA(%) 5.9 6.87
ROE(%) 21.51 24.21
ROCE(%) 21.9 22.9
Receivable days 86.1 84.58
Inventory Days 46.9 46.28
Payable days 81.49 75.4
PER(x) 24.28 23.24
Price/Book(x) 5.22 4.57
Dividend Yield(%) 0 0.03
EV/Net Sales(x) 0.68 0.75
EV/Core EBITDA(x) 13.79 14.92
Net Sales Growth(%) 0 32.61
EBIT Growth(%) 0 35.11
PAT Growth(%) 0 46.27
EPS Growth(%) 0 26.47
Debt/Equity(x) 0.75 0.81
Current Ratio(x) 1.4 1.38
Quick Ratio(x) 0.99 0.94
Interest Cover(x) 3.89 4.24
Total Debt/Mcap(x) 0.14 0.18

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +33% — — —
Operating Profit CAGR +32% — — —
PAT CAGR +50% — — —
Share Price CAGR +29% +28% +58% —
ROE Average +24% +23% +23% +23%
ROCE Average +23% +22% +22% +22%

DC Infotech & Commu. Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 62.2 %
FII 1.16 %
DII (MF + Insurance) 0 %
Public (retail) 36.65 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 55.3855.3857.0459.159.163.7563.7563.7562.262.2
FII 011.351.281.281.141.091.141.281.16
DII 0000000000
Public 44.6243.6241.6239.6239.6235.1135.1635.1136.5336.65
Others 0000000000
Total 100100100100100100100100100100

DC Infotech & Commu. Peer Comparison

IT - Hardware Edit Columns

DC Infotech & Commu. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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DC Infotech & Commu. Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 23%
  • Debtor days have improved from 81.49 to 75.4days.

Cons

  • Stock is trading at 4.8 times its book value.
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