MarketFriction

DB (International) Stock Brokers Ltd

NSE DBSTOCKBRO · BSE 530393 · Stockbroking & Allied
₹31.50 -0.76%
NSE close2026-10-01
52 week range23.15 - 48.50
Market cap₹111 Cr.
P/E37.4
ESM Price band 5%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9.8713.2314.7112.7612.379.157.786.968.016.616.0810.33
Expenses6.397.7210.919.059.557.535.385.056.144.814.908.71
Operating Profit3.485.513.803.712.821.622.401.911.871.801.181.62
OPM %35.26%41.65%25.83%29.08%22.80%17.70%30.85%27.44%23.35%27.23%19.41%15.68%
Other Income0.010.000.000.000.000.000.030.000.010.000.010.00
Interest0.460.670.950.830.610.360.180.290.280.340.290.29
Depreciation0.550.570.390.330.370.310.470.300.290.300.320.25
Profit before tax2.484.272.462.551.840.951.781.321.311.160.581.08
Tax %27.42%24.82%17.07%22.75%21.20%-9.47%24.72%23.48%24.43%23.28%58.62%19.44%
Net Profit1.803.212.051.961.451.031.341.010.980.890.230.86
EPS in Rs0.510.920.590.560.410.290.380.290.280.250.070.25
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5.994.705.871.9710.5518.0729.3729.3248.2542.1027.6631.03
Expenses4.504.074.834.735.8712.6017.1518.8432.1931.5220.8924.56
Operating Profit1.490.631.04-2.764.685.4712.2210.4816.0610.586.776.47
OPM %24.87%13.40%17.72%-140.10%44.36%30.27%41.61%35.74%33.28%25.13%24.48%20.85%
Other Income0.000.000.01-0.560.020.010.050.100.010.000.010.02
Interest0.250.070.120.180.470.360.650.762.341.991.211.20
Depreciation0.150.110.100.280.320.240.751.122.041.481.211.16
Profit before tax1.090.450.83-3.783.914.8810.878.7011.697.114.364.13
Tax %34.86%22.22%32.53%-31.22%32.23%93.44%20.42%26.67%22.58%18.57%28.67%
Net Profit0.700.360.57-2.602.650.318.646.389.055.793.112.96
EPS in Rs0.200.100.16-0.740.760.092.471.822.591.650.890.85
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth17%9%-2%-14%
Compounded Profit Growth16%58%-21%-39%
Stock Price CAGR6%13%4%25%
Return on Equity7%11%9%4%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7.007.007.007.007.007.007.007.007.007.007.00
Reserves33.4933.7734.3431.7534.6434.9543.7450.2059.3065.0268.70
Borrowings0.000.000.000.000.841.472.207.134.032.932.01
Other Liabilities10.042.975.8512.9617.1818.9744.1540.6659.3635.5538.28
Total Liabilities50.5343.7447.1951.7159.6662.3997.09104.99129.69110.50115.99
Fixed Assets0.360.303.580.630.581.051.244.935.384.604.41
CWIP0.000.000.000.000.000.000.000.000.000.000.00
Investments0.620.620.620.591.030.8310.091.670.150.621.55
Other Assets49.5542.8242.9950.4958.0560.5185.7698.39124.16105.28110.03
Total Assets50.5343.7447.1951.7159.6662.3997.09104.99129.69110.50115.99
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-15.85-6.913.00-2.7410.396.0922.383.89-5.030.163.59
Cash from Investing Activity-0.157.52-3.52-3.19-2.83-12.14-14.10-2.58-0.35-0.70-1.01
Cash from Financing Activity0.000.000.00-0.020.810.50-0.164.59-6.30-2.37-1.40
Net Cash Flow-16.010.61-0.52-5.958.37-5.568.135.90-11.67-2.911.18
Free Cash Flow-16.00-11.088.872.2710.124.1122.801.25-5.39-0.552.58
CFO/OP-1,021%-963%305%89%271%111%213%60%-14%30%70%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12.1924.8516.79255.69106.2128.8820.3821.163.337.6313.72
Inventory Days
Days Payable
Cash Conversion Cycle12.1924.8516.79255.69106.2128.8820.3821.163.337.6313.72
Working Capital Days-548.41-128.91-115.66-774.47-414.82-309.65-463.30-420.90-398.06-243.45-330.69
ROCE %1.28%2.29%-7.59%10.78%12.20%23.91%16.13%20.84%12.53%7.28%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters36.12%36.12%36.18%36.18%36.18%36.18%41.66%41.17%41.17%41.17%41.17%41.18%
FIIs0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public63.87%63.87%63.82%63.81%63.82%63.81%58.32%58.82%58.83%58.82%58.82%58.81%
No. of Shareholders4,3524,2174,8315,2465,2495,8205,9356,0776,4726,3126,1065,924

Fundamentals

Market Cap₹ 111 Cr.
Current Price₹ 31.0
Stock P/E37.4
Book Value₹ 21.6
ROCE7.28 %
ROE4.20 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)-39%
Consolidated figures.
Valuation
Market capRs 110 Cr
Enterprise valueRs 16 Cr
P/E (TTM)37.25x
Price to book1.46x
Price to sales3.55x
EV / EBITDA2.43x
EV / EBIT2.95x
EV / sales0.51x
Price to cash flow30.71x
Earnings yield2.68%
P/E, 3-year average20.15x
P/B, 3-year average1.54x
P/E, 5-year average16.64x
P/B, 5-year average1.55x
Profitability
Operating margin (excl. other income)24.48%
Operating margin (incl. other income)24.51%
EBITDA margin20.92%
Pre-tax margin13.31%
Net profit margin9.54%
Net margin, latest quarter8.33%
ROE4.21%
ROCE7.30%
ROA2.75%
ROE, 3-year average9.08%
ROCE, 3-year average13.55%
ROA, 3-year average5.09%
ROE, 5-year average11.54%
ROCE, 5-year average16.14%
ROA, 5-year average6.49%
Tax rate28.67%
Other income / net worth0.01%
Growth
Sales growth (latest year)-34.30%
Profit growth (latest year)-46.29%
Sales CAGR, 3 years-1.92%
Sales CAGR, 5 years8.89%
Profit CAGR, 3 years-21.30%
Profit CAGR, 5 years58.59%
Sales growth QoQ69.90%
Profit growth QoQ273.91%
Sales growth YoY (latest quarter)48.42%
Profit growth YoY (latest quarter)-14.85%
Per share
EPS (TTM)Rs 0.85
EPS (latest year)Rs 0.89
EPS (latest quarter)Rs 0.25
EPS, 3-year averageRs 1.71
EPS, 5-year averageRs 1.88
Book value per shareRs 21.63
Sales per shareRs 8.87
Cash flow per shareRs 1.03
Free cash flow per shareRs 0.74
Efficiency
Asset turnover0.24x
Fixed asset turnover6.27x
Debtor days14 days
Debtors turnover26.60x
Cash conversion cycle14 days
Working capital days-331 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 97 Cr
Net debtRs -95 Cr
Debt to equity0.03x
Net debt / EBITDA-14.56x
Interest coverage4.44x
Owners' fund to total sources65.26%
Debt to assets1.73%
Cash flow
Cash from Operating Activity (latest year)Rs 4 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 3 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years0.76x
Sales to cash flow7.70x
Statement figures
Net sales (TTM)Rs 31 Cr
Net sales (latest year)Rs 28 Cr
Sales (latest quarter)Rs 10 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 28 Cr
Share capitalRs 7 Cr
ReservesRs 69 Cr
Shareholders' fundsRs 76 Cr
Total assetsRs 116 Cr
Net blockRs 4 Cr
InvestmentsRs 2 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 38 Cr
Shares outstanding (crore)3.50
Ownership
Promoter holding41.18% (+0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 37.2 is at the 61th percentile of its own 8.2-year range (median 20.1, low 8.2, high 378.2).
P/B 1.46 is at the 57th percentile (median 1.30).
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.
PeriodDBSTOCKBRONifty 50Difference
1 week+4.0%-2.8% +6.8 pts
1 month+3.4%-6.8% +10.2 pts
3 months-11.4%-7.6% -3.7 pts
6 months+26.2%+0.4% +25.8 pts
1 year+22.7%-9.9% +32.6 pts
2 years-33.4%-13.6% -19.8 pts
3 years+13.1%+14.2% -1.1 pts
5 years+78.0%+27.9% +50.1 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -7% of net profit over the last 3 years
lookOn NSE surveillance On NSE surveillance: ESM
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 ₹10 Cr +48.4% vs Jun 2025. Net profit ₹1 Cr -14.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
2022-10-28Extra-Ordinary General Meeting
2022-09-16Annual General Meeting
2021-09-16 Annual General Meeting
2020-09-04 Annual General Meeting
2019-09-19 Annual General Meeting
2018-08-09 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-08 Annual General Meeting
2014-07-22Annual General Meeting
2013-09-25Annual General Meeting And Dividend Re.0.30 Per Share
2012-08-08Annual General Meeting/Dividend Re 0.30 Per Share
DateTypeWhat it says
2026-09-30Shareholder meetingDB (International) Stock Brokers Limited has submitted the Exchange a copy of voting results of 34th Annual General Meeting along with declaration of ...
2026-09-29Shareholder meetingProceedings of 34th Annual General Meeting held on September 29, 2026
2026-09-17Board meeting outcomeOutcome of Board Meeting held on September 17, 2026.
2026-09-08UpdatesNewspaper publication in reference to our previous disclosure dated September 05, 2026.
2026-09-05Shareholder meetingNotice of 34th Annual General Meeting of the Company to be held on September 29, 2026
2026-08-10Granting/withdrawal/surrendeThe Board of Directors at their meeting held on i.e., August 10, 2026, had approved the proposal for surrender of membership certificate granted to Co...
2026-08-10General UpdatesThe Board of Directors of the Company at their meeting held today i.e., on August 10, 2026, has authorised certain KMPs of the Company for the purpose...
2026-08-10Board meeting outcomeDB (International) Stock Brokers Limited has submitted to the Exchange, the Un-audited Standalone and Consolidated Financial Results of the Company fo...
2026-07-21CessationCessation of Mr. Milap Chand Bothra as Non- Executive Independent Director of the company w.e.f. close of business hours on July 21, 2026, on account ...
2026-04-21Change in Company Secretary/DB (International) Stock Brokers Limited has informed that the Board of Directors of the Company at their meeting held on April 21, 2026 had approved ...
2026-04-21Board meeting outcomeDB (International) Stock Brokers Limited has submitted to the Exchange, the financial results for the quarter and financial year ended March 31, 2026.
2026-03-30ResignationResignation of Mr SHIV SINGH as Company Secretary & Compliance Officer of the company w.e.f. April 08, 2026.
2026-01-23Board meeting outcomeDB (International) Stock Brokers Limited has submitted to the Exchange, the outcome of Board Meeting held for consideration of the Unaudited (Standalo...
2025-11-07General UpdatesGeneral Updates
2025-10-17Board meeting outcomeDB (International) Stock Brokers Limited has submitted to the Exchange, the Outcome of Board Meeting held Today i.e. 17th October, 2025 conducted to ...
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.
ESM: stage 1Less than 100 unique PAN traded in previous 30 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03