Shares of this microcap company jumped upto 6 percent in Friday’s trading session after receiving an order from Universal Sompo General Insurance Company Ltd. The stock has delivered more than 70 percent returns to its shareholders in one month.
With a market capitalization of Rs. 259 crores, the shares of DJ Mediaprint & Logistics Ltd started Friday’s trading session on a flatter note at Rs. 230 compared to its previous close of Rs. 230.45. During the trading session, the shares hit a high of Rs. 249.30, gaining around 6 percent, also recorded as the company’s fresh 52-week high and are currently trading at Rs. 239 apiece.
Such a bullish movement in the share price was observed after the company in an exchange filing announced that they had secured orders from Universal SomJD General Insurance Company Limited for Printing and Dispatch and Bulk Scanning Services worth Rs. 6 crores for 5 years.
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 maintain control over 56.36 percent of the company’s shares, indicating their significant stake in the ownership. 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
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
