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Divgi Torqtransfer Systems Ltd (DIVGIITTS)

₹713.052.85%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Divgi Torqtransfer Systems Ltd. An average target of ₹775.5

Source: S&P Global Market Intelligence

Divgi Torqtransfer Systems Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹686.7
    ₹717.3
  • 52 Week's Low

    52 Week's High

    ₹639.15
    ₹1,150
1 Month Return+ 1.01 %
3 Month Return-13.1 %
1 Year Return-23.09 %
Previous Close₹693.30
Open₹695.50
Volume32.15K
Upper Circuit-
Lower Circuit-
Market Cap₹2,120.31Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,120.31 Cr
P/B Ratio4.05
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.14%
ICICI Prudential Smallcap Fund Direct Plan GrowthICICI Prudential Smallcap Fund Direct Plan Growth0.49%
ICICI Prudential Tranporstation and Logistics Fund Direct GrowthICICI Prudential Tranporstation and Logistics Fund Direct Growth1.06%
ICICI Prudential Large & Mid Cap Fund Direct Plan GrowthICICI Prudential Large & Mid Cap Fund Direct Plan Growth0.17%
ICICI Prudential ESG Exclusionary Strategy Fund Direct GrowthICICI Prudential ESG Exclusionary Strategy Fund Direct Growth0.99%

Company Information

Divgi TorqTransfer Systems Limited is a leading automotive components provider, established in 1964 and converted into a public limited company in 2022. The Company manufactures a variety of products including torque transfer systems, synchronizer systems, DCT systems, rear wheel drive manual transmissions, transmission transfer case and synchronizer components for EVs. It has 3 manufacturing and assembling facilities in India, with an additional facility currently under construction. As part of their Research and Development efforts in software development, the Company has commercialized 3 projects while 1 is at the development stage. They recently acquired the Divgi TorqTransfer Systems Private Limited and are now planning to raise a total of Rs. 200 crores through a public issue of equity shares.

Share Price: ₹713.05 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,120.31Cr as of today
Listing date: 14 Mar, 2023
Chairperson Name: Praveen P Kadle
OrganisationDivgi Torqtransfer Systems Ltd
HeadquartersPune
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Divgi Torqtransfer Systems Ltd

  • Divgi TorqTransfer Systems Reduces Dividend - 13 Jul, 2024

    Divgi TorqTransfer Systems has reduced its dividend to ₹2.60, which is lower than the industry average. While earnings per share have been falling over the last five years, next year's EPS is set to grow by 102.6%.

  • Divgi TorqTransfer Systems Receives Mega Project Status - 05 Jul, 2024

    Shares of Divgi TorqTransfer Systems surged 10.6% after receiving mega project status from the Government of Maharashtra for its EV project in Satara. The status offers incentives including electricity duty exemption, stamp duty exemption, and industrial promotion subsidy. At present, the shares are trading at a P/E multiple of 54.75x with an EPS of Rs 12.99.

  • Divgi TorqTransfer Systems to Pay Reduced Dividend - 28 Jun, 2024

    Divgi TorqTransfer Systems Limited will pay a reduced dividend of ₹2.60 on August 28th, with a yield of 0.4%. While the payout ratio is low, free cash flows are negative and earnings per share have declined by approximately 6.6% annually over the last five years. With predicted growth in earnings, caution is advised until a track record of earnings growth is established.

  • Divgi TorqTransfer Systems Experiences Strong Earnings Growth - 18 Jun, 2024

    Despite recent financials showing a downturn, Divgi TorqTransfer Systems is forecasted to experience significant earnings growth at 26.6% annually over the next three years, outpacing the Indian market's 16%. However, concerns about its financial robustness remain due to low dividend cover and modest forecasted Return on Equity of 10.4%.

Insights on Divgi Torqtransfer Systems Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 11.15% to 11.93% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.48% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 12.65% to 12.10% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.94% to 2.69% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, DIVGIITTS stock has moved down by -7.9%

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹646.80Cr
↓0.36%
Total Liabilities
₹66.46Cr
↓32.09%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹32.46Cr
↓20.48%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.48%
0.00
Foreign Institutions
2.69%
-8.51
Mutual Funds
12.1%
-4.35
Retail Investors
11.93%
7.08
Others
12.8%
0.09

Key Indicators

Earnings and Dividends

  • Divgi Torqtransfer Systems Ltd Earnings Results

    Divgi Torqtransfer Systems Ltd’s net profit fell -31.52% since last year same period to ₹9.21Cr in the Q4 2023-2024. On a quarterly growth basis, Divgi Torqtransfer Systems Ltd has generated -1.71% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Divgi Torqtransfer Systems Ltd Dividends May,2024

    In the quarter ending March 2024, Divgi Torqtransfer Systems Ltd has declared dividend of ₹2.60 - translating a dividend yield of 0.38%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Divgi Torqtransfer Systems Ltd is currently in a Neutral trading position according to technical analysis indicators.

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Divgi Torqtransfer Systems Ltd (DIVGIITTS) share price today is ₹713.05

Divgi Torqtransfer Systems Ltd is listed on NSE

Divgi Torqtransfer Systems Ltd is listed on BSE

  • Today’s highest price of Divgi Torqtransfer Systems Ltd is ₹717.3.
  • Today’s lowest price of Divgi Torqtransfer Systems Ltd is ₹686.7.

Today’s traded volume of Divgi Torqtransfer Systems Ltd(DIVGIITTS) is 32.15K.

Today’s market capitalisation of Divgi Torqtransfer Systems Ltd(DIVGIITTS) is ₹2120.31Cr.

Divgi Torqtransfer Systems Ltd(DIVGIITTSPrice
52 Week High
₹1150
52 Week Low
₹639.15

Divgi Torqtransfer Systems Ltd(DIVGIITTS) share price is ₹713.05. It is down -38.00% from its 52 Week High price of ₹1150

Divgi Torqtransfer Systems Ltd(DIVGIITTS) share price is ₹713.05. It is up 11.56% from its 52 Week Low price of ₹639.15

Divgi Torqtransfer Systems Ltd(DIVGIITTSReturns
1 Day Returns
19.75%
1 Month Returns
1.01%
3 Month Returns
-13.1%
1 Year Returns
-23.09%