Past 10 year’s financial track record analysis by Moneyworks4me indicates that DCG Cables & Wires Ltd is a below average quality company.
The key valuation ratios of DCG Cables & Wires Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of DCG Cables & Wires Ltd is likely to Rise-somewhat 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 34.3% | 13.7% | 14.5% | 36.5% | - |
| Value Creation Index ⓘ | 1.5 | 0.0 | 0.0 | 1.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 14.6 | 27.7 | 54.5 | 101 | 101 |
| Sales YoY Gr. | - | 89.4% | 96.9% | 85.4% | - |
| Adj EPS ⓘ | 101.8 | 0.9 | 1.3 | 6.8 | 4.9 |
| YoY Gr. | - | -99.1% | 39.4% | 417.6% | - |
| BVPS (₹) ⓘ | 129.2 | 11.2 | 11.7 | 18.3 | 42.6 |
| Adj Net Profit ⓘ | 0.1 | 0.4 | 1.7 | 8.9 | 9 |
| Cash Flow from Ops. ⓘ | 0.1 | -8.5 | -15.5 | 4.2 | - |
| Debt/CF from Ops. ⓘ | 3 | -0.8 | -1.2 | 6.1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 90.5% | 85.4% | ||||
| Adj EPS ⓘ | NA | NA | -59.5% | 417.6% | ||||
| BVPSⓘ | NA | NA | -47.9% | 56.5% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 78.8 | 13.4 | 16.6 | 45.3 | 16 |
| Op. Profit Mgn % ⓘ | 1.1 | 3.3 | 6.5 | 16 | 12.2 |
| Net Profit Mgn % ⓘ | 0.7 | 1.3 | 3.2 | 8.8 | 8.8 |
| Debt to Equity ⓘ | 2.3 | 1.4 | 1.2 | 1.1 | 0 |
| Working Cap Days ⓘ | 0 | 79 | 133 | 181 | 109 |
| Cash Conv. Cycle ⓘ | 0 | 63 | 96 | 156 | 73 |
Sales growth is growing at healthy rate in last 3 years 90.52%
Sales growth is good in last 4 quarters at 20.29%
Return on Equity has declined versus last 3 years average to 16.00%
Net Profit has been subdued in last 3 years -59.47%
Debt to equity has increased versus last 3 years average to 1.06
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.9 | 4.9 |
| TTM Sales (₹ Cr.) | 101 | 101 |
| BVPS (₹.) ⓘ | 42.6 | 42.5 |
| Reserves (₹ Cr.) ⓘ | 59 | 59 |
| P/BV ⓘ | 2.72 | 2.72 |
| PE ⓘ | 23.76 | 23.77 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 210 |
| Equity (₹ Cr.) | 18.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 57.1 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 15 | 28 | 55 | 101 |
| Operating Expenses ⓘ | 14 | 27 | 51 | 85 |
| Manufacturing Costs | 0 | 0 | 0 | 1 |
| Material Costs | 14 | 26 | 49 | 82 |
| Employee Cost | 0 | 1 | 1 | 1 |
| Other Costs ⓘ | 0 | 0 | 0 | 1 |
| Operating Profit ⓘ | 0 | 1 | 4 | 16 |
| Operating Profit Margin (%) | 1.0% | 3.3% | 6.5% | 15.9% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 1 | 3 |
| Depreciation ⓘ | 0 | 0 | 0 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 2 | 12 |
| Tax ⓘ | 0 | 0 | 1 | 3 |
| Profit After Tax | 0 | 0 | 2 | 9 |
| PAT Margin (%) | 0.7% | 1.3% | 3.2% | 8.8% |
| Adjusted EPS (₹) | 101.8 | 0.9 | 1.3 | 6.7 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 4 | 15 | 24 | ||||||
| Share Capital ⓘ | 0 | 4 | 13 | 13 | ||||||
| Reserves ⓘ | 0 | 0 | 2 | 11 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 0 | 6 | 17 | 23 | ||||||
| Long Term Debt | 0 | 2 | 3 | 5 | ||||||
| Short Term Debt | 0 | 5 | 15 | 18 | ||||||
| Trade Payables | 1 | 0 | 0 | 30 | ||||||
| Others Liabilities ⓘ | 0 | 2 | 2 | 7 | ||||||
| Total Liabilities ⓘ | 2 | 13 | 35 | 84 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 1 | 3 | 7 | ||||||
| Accumulated Depreciation | 0 | 0 | 0 | 1 | ||||||
| Net Fixed Assetsⓘ | 0 | 1 | 3 | 5 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 3 | ||||||
| Investmentsⓘ | 0 | 0 | 3 | 3 | ||||||
| Inventories | 0 | 4 | 6 | 18 | ||||||
| Trade Receivables | 1 | 5 | 14 | 49 | ||||||
| Cash Equivalents | 0 | 2 | 1 | 2 | ||||||
| Others Assetsⓘ | 0 | 1 | 9 | 4 | ||||||
| Total Assets ⓘ | 2 | 13 | 35 | 84 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | -9 | -15 | 4 |
| PBT ⓘ | 0 | 0 | 2 | 12 |
| Adjustment ⓘ | 0 | 0 | 1 | 4 |
| Changes in Working Capital ⓘ | -0 | -9 | -18 | -9 |
| Tax Paid ⓘ | 0 | 0 | -1 | -3 |
| Cash Flow From Investing Activity ⓘ | 0 | -1 | -5 | -7 |
| Capex | 0 | -1 | -2 | -7 |
| Net Investments | 0 | 0 | -3 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 11 | 19 | 4 |
| Net Proceeds from Shares ⓘ | 0 | 5 | 8 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 1 | 1 | 3 |
| Interest Paid ⓘ | 0 | 0 | -1 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 5 | 11 | 5 |
| Net Cash Flow ⓘ | 0 | 2 | -1 | 2 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | 16.28 | 17.41 | 45.01 | ||||||
| ROCE (%) | N/A | 13.65 | 14.53 | 36.47 | ||||||
| Asset Turnover Ratio | 9.01 | 3.8 | 2.28 | 1.7 | ||||||
| PAT to CFO Conversion(x) | N/A | N/A | -7.5 | 0.44 | Working Capital Days | |||||
| Receivable Days | 26 | 42 | 63 | 113 | ||||||
| Inventory Days | 7 | 30 | 36 | 44 | ||||||
| Payable Days | 27 | 11 | 3 | 1 | ||||||
DCG Cables & Wires Limited was originally incorporated as ‘DCG Copper Industries Private Limited’ as Private Limited Company under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated September 29, 2017 issued by the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs, Govt. of India. Subsequently, the name of the company has changed from ‘DCG Copper Industries Private Limited’ to ‘DCG Cables & Wires Private Limited’ vide Fresh Certificate of Incorporation dated August 10, 2023. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on August 11, 2023 and consequently the name of the Company was changed to ‘DCG Cables & Wires Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated August 24, 2023
The company is manufacturers of copper cables and wires. Its primarily focus is on manufacturing of different types of copper cables which finds application in Transformers. Its product portfolio consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. At DCG, it takes pride in offering a wide range of copper products. Its products include bare copper strips, conductors, and wires, ensuring optimal conductivity for various applications. It also provides paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers. For added durability, it offers fiber glass-covered copper strips and wires.
Additionally, its copper submersible wires and strips are perfect for submersible applications. It also supplies twin and triple bunched paper-covered copper strips and bunch conductors. It majorly supplies its products to the transformer manufacturing companies in India and its main marketing strategy is to develop and maintain good relationships with its customers. Its promoter has been in this industry since 2008 and his relationships with the customers / clients have been very helpful for the growth of its business.
Business area of the company
The company is engaged in the business of Manufacturing of copper strips, Wires, Cables products.
History and milestones
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