MarketFriction

Denso India Ltd

NSE DENSO · BSE 520022
₹142.75 +0.32%
NSE close2013-10-28
Market cap₹Cr.
No trades in 30 days Delivery 99.3%

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 2010Dec 2010Mar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013
Sales224231266237233245322311254306348318
Expenses219226255240242257323331274307345321
Operating Profit6511-3-9-12-1-20-20-23-4
OPM %2.6%2.1%4.1%-1.4%-4.0%-5%-0.3%-6%-8%-0.5%1.0%-1.1%
Other Income1011-323928482
Interest001234322403
Depreciation5678910121011899
Profit before tax1-14-12-24-24-12-23-31702-13
Tax %-16%191%36%-3%-1%5%0%-4%3%3%152%1%
Net Profit1-32-11-23-26-12-22-3268-1-14
EPS in Rs0.37-0.990.82-3.98-8.36-9.15-4.45-7.82-11.4424.28-0.47-4.88
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2024Mar 2025
Sales9221,0301,2151,2001,0049401,0401,2151,1841,0551,6171,687
Expenses8961,0561,2591,2091,0099049751,1161,1281,0241,4701,512
Operating Profit26-26-44-9-63665995632147175
OPM %2.8%-2.5%-3.6%-0.8%-0.6%3.9%6%8%4.7%3.0%9%10%
Other Income43109111637913816-24
Interest2128192019151212171610
Depreciation233838394647464336385455
Profit before tax5-7219-56-56-26105421-159486
Tax %61%1%33%1%0%0%0%0%0%74%-10%27%
Net Profit2-7213-56-56-26105421-2710362
EPS in Rs0.72-25.904.59-20.19-19.98-9.473.7719.377.46-9.5437.0222.42
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%10%%4%
Compounded Profit Growth13%37%%-18%
Stock Price CAGR%%%%
Return on Equity%%%33%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2024Mar 2025
Equity Capital282828282830303030303030
Reserves1811091226610-92567750206237
Borrowings70129213274280220192127218290161129
Other Liabilities188348246208165181181238228228271269
Total Liabilities467614609576483423405451552599668665
Fixed Assets143151170194178155126116106255189163
CWIP18517513253781267
Investments000000000000
Other Assets306459422376292266275332368332473495
Total Assets467614609576483423405451552599668665
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2024Mar 2025
Cash from Operating Activity-33-76-28-344723361084841158116
Cash from Investing Activity-79480-52-32-11-20-30-84-131-36-41
Cash from Financing Activity5270-1184-17-10-15-788058-122-74
Net Cash Flow-6042-40-2-220043-32-02
Free Cash Flow-116-164-33-9010101477-42-9112285
CFO/OP-121%288%72%403%-846%64%56%116%94%134%125%87%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2024Mar 2025
Debtor Days304041423944474838374041
Inventory Days817270415160495058797366
Days Payable797873555770606758666355
Cash Conversion Cycle313438283434363138495052
Working Capital Days325442737312924243298
ROCE %3%-21%-18%-10%-11%-3%11%29%11%-0%33%

Fundamentals

Market Cap₹ Cr.
Current Price₹ 143
Book Value₹ 95.9
ROCE32.9 %
ROE32.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-18%
Standalone figures.
Valuation
Market capRs 429 Cr
Enterprise valueRs 535 Cr
P/E (TTM)20.52x
Price to book1.60x
Price to sales0.35x
EV / EBITDA7.11x
EV / EBIT14.19x
EV / sales0.44x
Price to cash flow3.69x
Earnings yield4.87%
P/E, 3-year average5.51x
P/B, 3-year average2.93x
P/E, 5-year average9.90x
P/B, 5-year average3.56x
Profitability
Operating margin (excl. other income)10.38%
Operating margin (incl. other income)8.97%
EBITDA margin6.14%
Pre-tax margin2.31%
Net profit margin1.71%
Net margin, latest quarter-4.28%
ROE24.85%
ROCE24.28%
ROA9.37%
ROE, 3-year average20.57%
ROCE, 3-year average17.78%
ROA, 3-year average7.01%
ROE, 5-year average35.00%
ROCE, 5-year average19.10%
ROA, 5-year average7.56%
ROIC (approx.)7.36%
Tax rate27.16%
Other income / net worth-8.90%
Growth
Sales growth (latest year)4.34%
Profit growth (latest year)-39.44%
Sales CAGR, 3 years12.53%
Sales CAGR, 5 years10.16%
Profit CAGR, 3 years44.30%
Profit CAGR, 5 years42.87%
Sales growth QoQ-8.79%
Sales growth YoY (latest quarter)2.25%
Per share
EPS (TTM)Rs 6.96
EPS (latest year)Rs 20.80
EPS (latest quarter)Rs -4.53
EPS, 3-year averageRs 15.43
EPS, 5-year averageRs 14.24
Book value per shareRs 88.97
Sales per shareRs 407.88
Cash flow per shareRs 38.70
Free cash flow per shareRs 28.29
Efficiency
Asset turnover2.54x
Fixed asset turnover10.33x
Inventory turnover5.80x
Inventory days63 days
Debtor days41 days
Debtors turnover8.83x
Creditor days55 days
Cash conversion cycle52 days
Working capital days8 days
Leverage
Total debtRs 129 Cr
Cash and bankRs 23 Cr
Net debtRs 106 Cr
Debt to equity0.48x
Net debt / EBITDA1.41x
Interest coverage4.01x
Owners' fund to total sources40.18%
Debt to assets19.39%
Cash flow
Cash from Operating Activity (latest year)Rs 116 Cr
Cash from Investing Activity (latest year)Rs -41 Cr
Cash from Financing Activity (latest year)Rs -74 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 85 Cr
FCFE (approx.: FCF + change in debt)Rs 53 Cr
Cash from ops / profit, 5 years2.21x
Sales to cash flow14.51x
Statement figures
Net sales (TTM)Rs 1,226 Cr
Net sales (latest year)Rs 1,687 Cr
Sales (latest quarter)Rs 318 Cr
Operating profit excl. other income (latest year)Rs 175 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 96 Cr
EBITDA (TTM)Rs 75 Cr
PBDT (TTM)Rs 66 Cr
Profit before tax (TTM)Rs 28 Cr
Tax (latest year)Rs 23 Cr
Net profit (TTM)Rs 21 Cr
Net profit (latest year)Rs 62 Cr
Net profit (latest quarter)Rs -14 Cr
Depreciation (TTM)Rs 38 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 1,131 Cr
Total expenditure (latest year)Rs 1,512 Cr
Total income (latest year)Rs 1,664 Cr
Share capitalRs 30 Cr
ReservesRs 237 Cr
Shareholders' fundsRs 267 Cr
Total assetsRs 665 Cr
Net blockRs 163 Cr
Capital work in progressRs 7 Cr
ReceivablesRs 191 Cr
InventoryRs 195 Cr
Other liabilitiesRs 269 Cr
Shares outstanding (crore)3.00
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodDENSONifty 50Difference
1 week+1.6%-2.8% +4.4 pts
1 month+8.3%-6.8% +15.1 pts
3 months+44.3%-7.6% +51.9 pts
6 months+200.2%+0.4% +199.8 pts
1 year+192.2%-9.9% +202.1 pts
2 years+154.7%-13.6% +168.2 pts
3 years+50.8%+14.2% +36.6 pts
5 years+254.2%+27.9% +226.3 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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 2013
Sales ₹318 Cr +2.3% vs Jun 2012. Net loss ₹14 Cr.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2013-09-20Annual General Meeting
2012-08-30Annual General Meeting
2011-08-23Annual General Meeting
2010-08-26Annual General Meeting And Dividend Rs.2/- Per Share
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 Denso India Ltd?

Denso India Ltd (DENSO) has a market capitalisation of Rs Cr. at the 2013-10-28 close.

What were Denso India Ltd's latest quarterly results?

In the Jun 2013 quarter, Denso India Ltd sales was Rs 318 Cr (+2.3% vs Jun 2012) with a net loss of Rs 14 Cr.

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