BSE: 0 | NSE: DANISH | Electric Equipment |
Past 10 year's financial track record analysis by Moneyworks4me indicates that Danish Power Ltd is a average quality company.
The key valuation ratios of Danish Power Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Danish Power Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | 16.2% | 24.9% | 72.8% | - |
| Value Creation Index ⓘ | 0.2 | 0.8 | 4.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||
| Sales ⓘ | 149 | 189 | 332 | 332 |
| Sales YoY Gr. | - | 27% | 76.2% | - |
| Adj EPS ⓘ | 3.3 | 6.4 | 26.1 | 19.3 |
| YoY Gr. | - | 94.6% | 307% | - |
| BVPS (₹) ⓘ | 24.5 | 30.4 | 56.7 | 148.8 |
| Adj Net Profit ⓘ | 4.8 | 9.3 | 37.9 | 38 |
| Cash Flow from Ops. ⓘ | 6.4 | 16.8 | 26.2 | - |
| Debt/CF from Ops. ⓘ | 4.4 | 0.8 | 0.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 76.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | 307% | ||||
| BVPSⓘ | NA | NA | NA | 86.4% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | 13.5 | 23.4 | 60 | 18.8 |
| Op. Profit Mgn % ⓘ | 6.7 | 9.2 | 16.8 | NAN |
| Net Profit Mgn % ⓘ | 3.2 | 4.9 | 11.4 | 11.5 |
| Debt to Equity ⓘ | 0.8 | 0.3 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 154 | 97 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 63 | 43 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 18.80%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 19.3 | 19.3 |
| TTM Sales (₹ Cr.) | 332 | 332 |
| BVPS (₹.) ⓘ | 148.8 | 10 |
| Reserves (₹ Cr.) ⓘ | 273 | - |
| P/BV ⓘ | 5.65 | 84.00 |
| PE ⓘ | 43.44 | 43.44 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 1,654 |
| Equity (₹ Cr.) | 19.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 91.1 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Sales | 149 | 189 | 332 |
| Operating Expenses ⓘ | 139 | 173 | 277 |
| Manufacturing Costs | 2 | 1 | 2 |
| Material Costs | 123 | 151 | 246 |
| Employee Cost | 7 | 8 | 13 |
| Other Costs ⓘ | 7 | 12 | 16 |
| Operating Profit ⓘ | 10 | 16 | 56 |
| Operating Profit Margin (%) | 6.7% | 8.6% | 16.8% |
| Other Income ⓘ | 1 | 1 | 2 |
| Interest ⓘ | 3 | 3 | 4 |
| Depreciation ⓘ | 1 | 2 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 7 | 12 | 51 |
| Tax ⓘ | 2 | 3 | 13 |
| Profit After Tax | 5 | 9 | 38 |
| PAT Margin (%) | 3.5% | 4.5% | 11.5% |
| Adjusted EPS (₹) | 3.6 | 5.9 | 26.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 35 | 44 | 82 | |||||||
| Share Capital ⓘ | 2 | 2 | 2 | |||||||
| Reserves ⓘ | 34 | 42 | 81 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Debt | 26 | 11 | 7 | |||||||
| Long Term Debt | 13 | 11 | 7 | |||||||
| Short Term Debt | 12 | 0 | 1 | |||||||
| Trade Payables | 41 | 34 | 30 | |||||||
| Others Liabilities ⓘ | 14 | 19 | 40 | |||||||
| Total Liabilities ⓘ | 116 | 108 | 160 | |||||||
Fixed Assets | ||||||||||
| Gross Block | 27 | 42 | 51 | |||||||
| Accumulated Depreciation | 11 | 13 | 15 | |||||||
| Net Fixed Assetsⓘ | 16 | 30 | 35 | |||||||
| CWIP ⓘ | 7 | 1 | 0 | |||||||
| Investmentsⓘ | 0 | 0 | 0 | |||||||
| Inventories | 31 | 38 | 49 | |||||||
| Trade Receivables | 53 | 27 | 42 | |||||||
| Cash Equivalents | 5 | 6 | 17 | |||||||
| Others Assetsⓘ | 5 | 6 | 15 | |||||||
| Total Assets ⓘ | 116 | 108 | 160 | |||||||
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 6 | 17 | 26 |
| PBT ⓘ | 7 | 12 | 51 |
| Adjustment ⓘ | 5 | 5 | 7 |
| Changes in Working Capital ⓘ | -5 | 2 | -29 |
| Tax Paid ⓘ | -1 | -2 | -3 |
| Cash Flow From Investing Activity ⓘ | -8 | -11 | -18 |
| Capex | -7 | -10 | -8 |
| Net Investments | -1 | -1 | -11 |
| Others ⓘ | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 2 | -6 | -8 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 5 | -2 | -4 |
| Interest Paid ⓘ | -3 | -3 | -4 |
| Dividend Paid ⓘ | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 0 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 14.79 | 21.55 | 60.34 | |||||||
| ROCE (%) | 16.21 | 24.88 | 72.81 | |||||||
| Asset Turnover Ratio | 1.28 | 1.68 | 2.48 | |||||||
| PAT to CFO Conversion(x) | 1.2 | 1.89 | 0.68 | Working Capital Days | ||||||
| Receivable Days | 129 | 77 | 38 | |||||||
| Inventory Days | 76 | 66 | 48 | |||||||
| Payable Days | 121 | 91 | 48 | |||||||
Danish Power Limited was originally formed as a Private Limited Company under Companies Act, 1956 in the name and style of ‘Danish Private Limited’ pursuant to a certificate of incorporation dated July 10, 1985 was issued by the Registrar of Companies, Jaipur, Rajasthan. Consequently, the company was converted into a Public Limited Company under Companies Act 1956 with the name ‘Danish Limited’ pursuant to a fresh certificate of incorporation dated December 31, 1994 was issued by the Registrar of Companies, Jaipur, Rajasthan. Subsequently, the company was converted into a Private Limited Company under Companies Act with the name ‘Danish Private Limited’ pursuant to a fresh certificate of incorporation dated December 03, 2002 was issued by the Registrar of Companies, Jaipur, Rajasthan. Further, pursuant to shareholder’s resolution passed at the Extra Ordinary General Meeting held on June 12, 2024, the name of the company was changed from ‘Danish Private Limited’ to ‘Danish Power Private Limited’ vide a fresh certificate of incorporation dated July 08, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on July 08, 2024 the company was converted into a Public Limited Company and the name of the company was changed from ‘Danish Power Private Limited’ to ‘Danish Power Limited’ vide a fresh certificate of incorporation dated July 22, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar.
The company is an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, engaged in the business of manufacturing of different types of transformers including inverter duty transformers used in renewable power projects like solar power plant or wind farms, oil and dry type power and distribution transformers, control relay panel along with substation automation services. These transformers and panels are used across various sectors and industries to facilitate the efficient transmission and distribution of electrical power such as renewable power EPC projects like solar power plant, wind power farms, other power generation plants, power transmission, electricity sub-stations, power utilities etc. Its customers include companies like Tata Power Solar System, Waaree Renewable Technologies, Jakson Green, ABB India and Torrent Power.
The major raw material required by the company is Cold Rolled Grain Oriented (CRGO) Electrical Steel, Copper Wire, Copper Strip, Copper sheet and Aluminium Wire, Strip, Sheet, Mild Steel, Transformer Oil and Relays. It procures these raw material from either through import or sourced from local suppliers and then assembled at its manufacturing facilities. It has developed long relationships with its customers through timely delivery of quality product, which are in strict compliance with the customer’s and regulatory requirements. Over the years, it has established a diversified client base across different customers in the power industry like renewable power EPC projects like solar power plant, wind power farms, other power generation plants, power transmission, electricity sub-stations, power utilities etc.
Business area of the company
The company is engaged in manufacturing of transformers, panels, sub-station automation systems and related equipment.
Products of the company
History and milestones
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