MarketFriction

Divgi Torqtransfer Systems Ltd

NSE DIVGIITTS · BSE 543812 · Auto Components & Equipments
₹1,136.40 -3.84%
NSE close2026-10-01
52 week range573.70 - 1,329.80
Market cap₹3,711 Cr.
P/E58.7
IPO 2023 · +93% since Price band 20% Delivery 45.9%

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
Sales69636554545358728391108137
Expenses5450524543445058667386100
Operating Profit141313911991417182237
OPM %21%20%20%16%21%16%15%20%20%20%20%27%
Other Income555555655665
Interest000000000000
Depreciation556666777888
Profit before tax141312811771215162034
Tax %26%26%25%26%26%26%27%26%27%25%23%25%
Net Profit11996855911121525
EPS in Rs3.513.063.011.952.561.711.752.923.523.855.068.25
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales159187159187234271253219353418
Expenses115133122135168196200181283325
Operating Profit44543752667553387093
OPM %28%29%23%28%28%28%21%17%20%22%
Other Income591288820212222
Interest6150001110
Depreciation4668111319252930
Profit before tax40563853626954336384
Tax %36%28%26%28%26%26%26%26%25%
Net Profit25402838465140244763
EPS in Rs469.10747.45465.55552.6716.7616.7312.997.9815.3520.68
Dividend Payout %0%0%0%0%20%20%20%33%21%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%14%9%77%
Compounded Profit Growth%4%-3%131%
Stock Price CAGR%%5%80%
Return on Equity%8%6%8%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital55671415151515
Reserves91227204289326536565581620
Borrowings49251103212
Other Liabilities404546696893636698
Total Liabilities185279306366408646644664735
Fixed Assets727889105112117227255259
CWIP2966289326219
Investments000000000
Other Assets111191211254268437392406458
Total Assets185279306366408646644664735
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity38275141323541
Cash from Investing Activity-24-25-51-2136-43-16
Cash from Financing Activity-6-3-3160-12-9-9
Net Cash Flow8-0-3-1327-1616
Free Cash Flow25111-28-459-3
CFO/OP134%75%101%78%88%112%79%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8574541078299919282
Inventory Days139108146161129119133173167
Days Payable162112145217155151129167160
Cash Conversion Cycle627054515766959988
Working Capital Days5942-72645248919573
ROCE %30%17%19%20%15%10%6%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.49%60.49%60.49%60.49%60.49%60.49%60.56%60.56%60.56%60.56%60.56%60.56%
FIIs3.63%3.57%2.94%2.69%1.74%1.68%1.76%1.76%1.81%1.72%1.97%1.86%
DIIs25.47%25.08%25.42%24.90%25.69%25.80%25.89%25.96%25.93%25.93%25.97%26.16%
Public10.41%10.86%11.15%11.94%12.10%12.04%11.80%11.72%11.70%11.79%11.50%11.42%
No. of Shareholders16,95119,18720,67122,34323,77822,75921,65320,78419,56518,93818,09317,929

Fundamentals

Market Cap₹ 3,711 Cr.
Current Price₹ 1,213
Stock P/E58.7
Book Value₹ 208
ROCE10.2 %
ROE7.59 %
Dividend Yield0.27 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)77%
Compounded Profit Growth (TTM)131%
Standalone figures.
Valuation
Market capRs 3,475 Cr
Enterprise valueRs 3,192 Cr
P/E (TTM)54.96x
Price to book5.82x
Price to sales8.31x
EV / EBITDA27.79x
EV / EBIT37.67x
EV / sales7.63x
Price to cash flow98.71x
Earnings yield1.82%
Dividend yield0.23%
P/E, 3-year average51.48x
P/B, 3-year average3.33x
P/E, 5-year average51.48x
P/B, 5-year average3.33x
Profitability
Operating margin (excl. other income)17.17%
Operating margin (incl. other income)26.85%
EBITDA margin27.45%
Pre-tax margin20.18%
Net profit margin15.12%
Net margin, latest quarter18.40%
ROE4.14%
ROCE5.70%
ROA3.73%
ROE, 3-year average7.55%
ROCE, 3-year average10.24%
ROA, 3-year average6.53%
ROE, 5-year average10.44%
ROCE, 5-year average13.86%
ROA, 5-year average8.57%
ROIC (approx.)20.00%
Tax rate26.11%
Other income / net worth3.55%
Growth
Sales growth (latest year)-13.61%
Profit growth (latest year)-38.63%
Sales CAGR, 3 years-2.17%
Sales CAGR, 5 years6.60%
Profit CAGR, 3 years-19.15%
Profit CAGR, 5 years-2.75%
Sales growth QoQ27.43%
Profit growth QoQ63.05%
Sales growth YoY (latest quarter)91.32%
Profit growth YoY (latest quarter)182.64%
Per share
EPS (TTM)Rs 20.68
EPS (latest year)Rs 7.97
EPS (latest quarter)Rs 8.25
EPS, 3-year averageRs 12.57
EPS, 5-year averageRs 121.42
Book value per shareRs 195.13
Sales per shareRs 136.79
Cash flow per shareRs 11.51
Free cash flow per shareRs -0.98
Dividend per share (latest year)Rs 2.60
Dividend per share, 3-year averageRs 2.85
Dividend per share, 5-year averageRs 2.97
Dividends
Dividend payout32.60%
Dividend payout, 3-year average24.21%
Dividend payout, 5-year average23.15%
Efficiency
Asset turnover0.33x
Fixed asset turnover0.86x
Inventory turnover3.25x
Inventory days112 days
Debtor days92 days
Debtors turnover3.95x
Creditor days160 days
Cash conversion cycle88 days
Working capital days73 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 285 Cr
Net debtRs -284 Cr
Debt to equity0.00x
Net debt / EBITDA-2.47x
Interest coverage273.32x
Current ratio (filing 2026-03-31)5.04x
Quick ratio (filing 2026-03-31)4.38x
Trade payables (filing 2026-03-31)Rs 60 Cr
Owners' fund to total sources89.94%
Debt to assets0.16%
Cash flow
Cash from Operating Activity (latest year)Rs 35 Cr
Cash from Investing Activity (latest year)Rs -43 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs -16 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years0.96x
Sales to cash flow6.22x
Statement figures
Net sales (TTM)Rs 418 Cr
Net sales (latest year)Rs 219 Cr
Sales (latest quarter)Rs 137 Cr
Operating profit excl. other income (latest year)Rs 38 Cr
Operating profit (latest quarter)Rs 37 Cr
Other income (TTM)Rs 22 Cr
EBITDA (TTM)Rs 115 Cr
PBDT (TTM)Rs 115 Cr
Profit before tax (TTM)Rs 84 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 63 Cr
Net profit (latest year)Rs 24 Cr
Net profit (latest quarter)Rs 25 Cr
Depreciation (TTM)Rs 30 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 136 Cr
Total expenditure (latest year)Rs 181 Cr
Total income (latest year)Rs 240 Cr
Share capitalRs 15 Cr
ReservesRs 581 Cr
Shareholders' fundsRs 597 Cr
Total assetsRs 664 Cr
Net blockRs 255 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 55 Cr
InventoryRs 42 Cr
Other liabilitiesRs 66 Cr
Shares outstanding (crore)3.06
Ownership
Promoter holding60.56% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 55.0 is at the 39th percentile of its own 3.7-year range (median 57.4, low 35.1, high 80.3).
P/B 5.82 is at the 59th percentile (median 3.81).
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.
PeriodDIVGIITTSNifty 50Difference
1 week-1.7%-2.8% +1.0 pts
1 month-10.4%-6.8% -3.6 pts
3 months+11.2%-7.6% +18.9 pts
6 months+84.5%+0.4% +84.1 pts
1 year+67.1%-9.9% +77.0 pts
2 years+89.5%-13.6% +103.0 pts
3 years+9.1%+14.2% -5.0 pts
16 mutual fund schemes hold about ₹381 Cr. Over three months 0 bought more and 10 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.17%137 +2%
ICICI Pru Transportation and Logistics Fund2.02%83 -8%
ICICI Pru Large & Mid Cap Fund0.15%49 -1%
LIC MF Infra Fund1.94%23 +5%
ICICI Pru ESG Exclusionary Strategy Fund1.58%22 -13%
ICICI Pru Small Cap Fund0.21%21 -63%
ICICI Pru Small Cap Fund0.21%20 -63%
LIC MF Dividend Yield Fund0.82%6 +2%
LIC MF Dividend Yield Fund0.82%6 +2%
LIC MF Focused Fund2.87%5 -15%
LIC MF Focused Fund2.87%5 -15%
ICICI Pru Retirement Fund-Pure Equity Plan0.21%5 -29%
LIC MF Multi Cap Fund0.00%0 -100%
ICICI Pru Manufacturing Fund0.00%0 -100%
ICICI Pru Retirement Fund-Hybrid Aggressive Plan0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.01%0 +5%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 64% 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 ₹137 Cr +90.3% vs Jun 2025. Net profit ₹25 Cr +177.8%.
Against our estimate for Jun 2026: sales +18.9%, profit +64.2% beat. Our estimate for Sep 2026: sales Rs 133 Cr, profit Rs 18 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-10Dividend - Rs 3.27 Per Share
2025-09-08Dividend - Rs 2.60 Per Share
2024-07-22Dividend - Rs 2.60 Per Share
2024-07-22Annual General Meeting
2023-07-24Annual General Meeting/Dividend - Rs 3.35 Per Share
DateTypeWhat it says
2026-09-30Concall / analyst meetSchedule of meet
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.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Divgi Torqtransfer Systems Ltd?

Divgi Torqtransfer Systems Ltd (DIVGIITTS) has a market capitalisation of Rs 3,711 Cr. at the 2026-10-01 close.

What is the P/E ratio of Divgi Torqtransfer Systems Ltd?

Divgi Torqtransfer Systems Ltd trades at a P/E of 58.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Divgi Torqtransfer Systems Ltd's latest quarterly results?

In the Jun 2026 quarter, Divgi Torqtransfer Systems Ltd sales was Rs 137 Cr (+90.3% vs Jun 2025) and net profit was Rs 25 Cr.

What is the 52-week high and low of Divgi Torqtransfer Systems Ltd?

The 52-week high is Rs 1,329.80 and the 52-week low is Rs 573.70.

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