Shares of this microcap company jumped upto 2 percent in Tuesday’s trading session after receiving an order from the Department of Police commissioner, Navi Mumbai. The stock has delivered more than 30 percent returns to its shareholders in six months.
With a market capitalization of Rs. 214 crores, the shares of DJ Mediaprint & Logistics Ltd started Tuesday’s trading session on a flatter note at Rs. 199.95 compared to its previous close of Rs. 199. During the trading session, the shares hit a high of Rs. 203, gaining 2 percent and are currently trading at Rs. 201 apiece.
According to the exchange filing, the company received an order from the Department of Police commissioner, Navi Mumbai to provide Scanning and Document Management Solutions for the period of one year worth Rs. 0.52 crores (Rs. 52 lakhs).
Coming onto the company’s financial statements, the revenue increased by 18 percent from Rs. 9.51 crores during the September quarter to Rs. 11.27 crores in the December quarter. In addition, the net profits magnified by 410 percent from Rs. 30 lakhs to Rs. 1.53 crores during the same timeframe.
Due to increasing expenditure, the profitability metrics of the company declined with the return on equity (RoE) decreasing from 18.31 percent during FY 21-22 to 12.36 percent in FY 22-23, and, the return on capital employed (RoCE) showed a downward movement from 24.52 percent to 16.05 percent during the same timeframe. On a contrasting note, the net profit margin increased from 6.36 percent during FY 21-22 to 6.59 percent during FY 22-23.
According to the latest shareholding pattern, the Promoters retain ownership of 56.36 percent of the company’s shares, while the remaining 43.64 percent is held by Retail Investors or the Public.
The company’s business model leverages technology to offer integrated, value-added services in logistics, ensuring customer-oriented and agile operations. DJ Mediaprint & Logistics Ltd has a wide network of offices and storage facilities across various locations in India, including Mumbai, Navi Mumbai, Delhi, Goa, and Bhiwandi.
Headquartered in Maharashtra, DJ Mediaprint & Logistics Ltd was incorporated in 2009. The company is in the printing business, and records management and provides integrated Logistics and Courier solutions in India and overseas through networked transport, processes and operations.
Written By Vaibhav Patil
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