MarketFriction

Divyashakti Ltd

BSE 526315 · Other Construction Materials
₹67.99 -0.73%
BSE close2026-10-01
Market cap₹67.2 Cr.
P/E210

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales19.8218.4616.1510.7315.9618.9218.2714.816.744.498.717.96
Expenses19.0717.6115.6710.6115.4919.2117.1013.197.544.4310.127.36
Operating Profit0.750.850.480.120.47-0.291.171.62-0.800.06-1.410.60
OPM %3.78%4.60%2.97%1.12%2.94%-1.53%6.40%10.94%-11.87%1.34%-16.19%7.54%
Other Income1.520.480.640.840.772.700.180.181.360.622.150.16
Interest0.020.030.050.060.020.030.040.040.020.030.040.03
Depreciation0.610.610.600.600.610.610.600.610.540.550.540.54
Profit before tax1.640.690.470.300.611.770.711.150.000.100.160.19
Tax %35.37%31.88%0.00%20.00%8.20%29.38%32.39%18.26%-10.00%50.00%-10.53%
Net Profit1.060.460.470.250.561.250.470.95-0.080.110.080.21
EPS in Rs1.030.450.460.240.551.220.460.93-0.080.110.080.20
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales67.97108.0768.5533.4060.1356.8863.5775.5369.7763.8734.7627.90
Expenses56.7493.1061.9328.9255.0546.2155.1269.8966.8162.3735.2629.45
Operating Profit11.2314.976.624.485.0810.678.455.642.961.50-0.50-1.55
OPM %16.52%13.85%9.66%13.41%8.45%18.76%13.29%7.47%4.24%2.35%-1.44%-5.56%
Other Income5.271.011.604.097.260.213.477.992.864.494.314.29
Interest0.050.170.120.160.170.080.060.090.160.180.170.12
Depreciation1.101.130.651.592.232.352.402.522.432.422.252.17
Profit before tax15.3514.687.456.829.948.459.4611.023.233.391.390.45
Tax %33.94%35.49%35.30%24.49%24.85%25.44%24.52%28.86%27.86%25.07%25.18%
Net Profit10.149.484.825.157.476.307.157.832.322.541.050.32
EPS in Rs9.879.234.695.027.276.146.967.622.262.471.020.31
Dividend Payout %15.19%16.25%31.96%29.91%20.62%24.45%28.73%26.23%88.53%80.87%97.81%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-6%-9%-23%-59%
Compounded Profit Growth-20%-30%-49%-90%
Stock Price CAGR-8%-4%-5%6%
Return on Equity4%3%1%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.2710.2710.2710.2710.2710.2710.2710.2710.2710.2710.2710.27
Reserves67.1975.4885.1288.0991.3496.91101.69107.30113.16113.43187.58186.61
Borrowings0.000.000.000.000.220.140.050.390.274.231.935.30
Other Liabilities9.9710.7112.9422.4827.8319.6216.7714.5014.3615.3521.0411.34
Total Liabilities87.4396.46108.33120.84129.66126.94128.78132.46138.06143.28220.82213.52
Fixed Assets7.426.327.967.4031.4331.6730.1129.7327.7525.3296.6693.66
CWIP0.000.000.009.773.570.000.360.000.000.000.000.00
Investments0.000.000.0015.960.000.000.000.000.000.000.000.00
Other Assets80.0190.14100.3787.7194.6695.2798.31102.73110.31117.96124.16119.86
Total Assets87.4396.46108.33120.84129.66126.94128.78132.46138.06143.28220.82213.52
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14.0712.12-8.212.5117.26-16.4410.482.43-9.00-1.53-3.49-2.90
Cash from Investing Activity-0.353.84-3.43-24.61-4.643.49-4.64-4.907.121.070.650.97
Cash from Financing Activity-1.72-1.86-1.82-1.87-1.72-1.85-1.56-1.20-2.191.95-4.501.18
Net Cash Flow12.0114.10-13.46-23.9710.90-14.794.28-3.68-4.071.49-7.34-0.74
Free Cash Flow12.9612.11-8.21-7.36-2.17-15.349.320.80-9.64-1.53-3.61-2.14
CFO/OP220%155%-14%71%430%-298%108%56%-110%-12%-179%486%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days164.54151.54149.96273.79487.72432.56443.54386.70450.05511.64658.051,187.62
Inventory Days83.3364.2259.9493.25423.22100.9489.50121.0552.2549.1832.7051.64
Days Payable37.6133.0249.25134.13508.27126.79128.7997.4175.1368.21111.4394.76
Cash Conversion Cycle210.26182.74160.65232.91402.67406.72404.26410.34427.17492.61579.321,144.49
Working Capital Days162.16141.07154.55258.93407.51389.58405.43404.39434.25478.42580.331,099.10
ROCE %19.79%18.87%16.29%7.71%6.94%9.67%7.78%8.25%9.19%2.69%2.18%0.78%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.80%74.80%74.80%74.80%74.80%74.80%73.20%73.20%73.20%73.20%74.95%74.95%
Public25.19%25.20%25.20%25.19%25.20%25.20%26.80%26.81%26.80%26.80%25.05%25.06%
No. of Shareholders5,2615,2575,2105,4485,5595,5925,6395,4755,7565,7445,6945,661

Fundamentals

Market Cap₹ 67.2 Cr.
Current Price₹ 65.4
Stock P/E210
Book Value₹ 192
ROCE0.78 %
ROE0.53 %
Dividend Yield1.54 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-59%
Compounded Profit Growth (TTM)-90%
Standalone figures.
Valuation
Market capRs 70 Cr
Enterprise valueRs 74 Cr
P/E (TTM)218.18x
Price to book0.35x
Price to sales2.50x
EV / EBITDA20.21x
EV / EBIT49.26x
EV / sales2.67x
Earnings yield0.46%
Dividend yield1.48%
P/E, 3-year average34.31x
P/B, 3-year average0.40x
P/E, 5-year average24.36x
P/B, 5-year average0.47x
Profitability
Operating margin (excl. other income)-1.44%
Operating margin (incl. other income)10.96%
EBITDA margin13.19%
Pre-tax margin4.98%
Net profit margin1.15%
Net margin, latest quarter2.64%
ROE0.53%
ROCE0.78%
ROA0.48%
ROE, 3-year average1.33%
ROCE, 3-year average1.88%
ROA, 3-year average1.18%
ROE, 5-year average3.34%
ROCE, 5-year average4.62%
ROA, 5-year average2.96%
ROIC (approx.)0.56%
Tax rate25.18%
Other income / net worth2.19%
Growth
Sales growth (latest year)-45.58%
Profit growth (latest year)-58.66%
Sales CAGR, 3 years-22.79%
Sales CAGR, 5 years-9.38%
Profit CAGR, 3 years-48.81%
Profit CAGR, 5 years-30.12%
Sales growth QoQ-8.61%
Profit growth QoQ162.50%
Sales growth YoY (latest quarter)-46.25%
Profit growth YoY (latest quarter)-77.89%
Per share
EPS (TTM)Rs 0.31
EPS (latest year)Rs 1.02
EPS (latest quarter)Rs 0.20
EPS, 3-year averageRs 1.92
EPS, 5-year averageRs 4.07
Book value per shareRs 191.73
Sales per shareRs 27.17
Cash flow per shareRs -2.82
Free cash flow per shareRs -2.08
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.67
Dividend per share, 5-year averageRs 1.80
Dividends
Dividend payout98.10%
Dividend payout, 3-year average89.06%
Dividend payout, 5-year average64.40%
Efficiency
Asset turnover0.16x
Fixed asset turnover0.37x
Inventory turnover7.51x
Inventory days49 days
Debtor days1188 days
Debtors turnover0.31x
Creditor days95 days
Cash conversion cycle1144 days
Working capital days1099 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 1 Cr
Net debtRs 5 Cr
Debt to equity0.03x
Net debt / EBITDA1.24x
Interest coverage12.58x
Owners' fund to total sources92.21%
Debt to assets2.48%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years-0.69x
Statement figures
Net sales (TTM)Rs 28 Cr
Net sales (latest year)Rs 35 Cr
Sales (latest quarter)Rs 8 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 29 Cr
Total expenditure (latest year)Rs 35 Cr
Total income (latest year)Rs 39 Cr
Share capitalRs 10 Cr
ReservesRs 187 Cr
Shareholders' fundsRs 197 Cr
Total assetsRs 214 Cr
Net blockRs 94 Cr
ReceivablesRs 113 Cr
InventoryRs 4 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)1.03
Ownership
Promoter holding74.95% (+1.75 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 218.2 is at the 98th percentile of its own 9.4-year range (median 11.8, low 4.2, high 219.8).
P/B 0.35 is at the 16th percentile (median 0.61).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period526315Nifty 50Difference
1 week+7.9%-2.8% +10.7 pts
1 month+37.4%-6.8% +44.1 pts
3 months+42.2%-7.6% +49.8 pts
3 years-5.8%+14.2% -19.9 pts
5 years-8.2%+27.9% -36.1 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -134% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew -2% vs sales -46% in 2026
explainDebt up, profit down Borrowings up 175% while net profit fell in 2026
lookProfit leans on other income Other income was 310% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹8 Cr -46.3% vs Jun 2025. Net profit ₹0 Cr -77.9%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Divyashakti Ltd?

Divyashakti Ltd (526315) has a market capitalisation of Rs 67.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Divyashakti Ltd?

Divyashakti Ltd trades at a P/E of 210 on trailing twelve-month profit, at the 2026-10-01 close.

What were Divyashakti Ltd's latest quarterly results?

In the Jun 2026 quarter, Divyashakti Ltd sales was Rs 8 Cr (-46.3% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03