Divyashakti Limited

Divyashakti Limited

BBSE:DIVSHKT
64.74
INR
-1.32
(-2.00%)
0.30EPS
160.51P/E
501.53MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
59.01
61.31
66.49
105.53
66.8
32.51
58.57
55.17
61.9
73.55
67.94
62.2
33.85
26.93
Basic EPS, GAAP
9.6
9.1
9.87
9.23
4.69
5.01
7.28
6.14
6.96
7.62
2.26
2.47
1.02
0.3
Free Cash Flow per Basic Share
10.11
12.62
11.8
-10.69
2.44
-8.14
-18.41
9.09
0.78
-9.48
-1.49
-3.68
-2.91
- -
Dividend per Share
1.54
1.42
1.51
1.47
1.51
1.5
1.41
1.47
1.5
2
2
2
2
- -
Book Value per Share
67.59
75.43
85.47
92.89
95.79
98.95
104.37
109.03
114.49
120.2
120.46
192.67
191.73
- -
Tangible Book Value per Share
67.59
75.43
85.47
92.89
95.79
98.95
104.37
109.03
114.49
120.2
120.46
192.67
191.73
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
608
630
683
1,083
686
334
601
566
636
755
698
639
348
279
Operating Margin (%)
16.67
16.44
15.35
13.73
9.38
8.63
4.75
18.65
9.51
4.28
1.52
-1.48
-8
-13.38
Depreciation Expense
10
10
11
11
7
16
22
24
24
25
24
24
22
22
Net Income, GAAP
99
93
101
95
48
51
75
63
71
78
23
25
10
3
Effective Tax Rate (%)
34.76
35.66
33.96
35.49
35.33
24.48
24.84
25.44
24.45
28.92
28.09
25.19
24.93
27.91
Profit Margin (%)
16.27
14.84
14.85
8.75
7.02
15.41
12.43
11.13
11.25
10.36
3.33
3.97
3.02
1.13
Working Capital
630
706
817
869
811
663
762
833
905
983
1,008
1,035
1,054
- -
LT Debt
- -
- -
- -
- -
- -
1
- -
- -
3
1
- -
- -
- -
- -
Total Equity
700
775
878
954
984
1,016
1,072
1,120
1,176
1,234
1,237
1,978
1,969
- -
Return on Invested Capital (%)
15
12.68
12.26
10.34
4.29
2.2
2.05
6.38
3.99
1.9
0.68
-0.43
-1.04
- -
Return on Capital (%)
15
12.68
12.27
10.35
4.97
5.15
7.16
5.75
6.22
6.49
1.9
1.62
0.57
- -
Return on Common Equity (%)
15
12.68
12.27
10.35
4.97
5.15
7.16
5.75
6.23
6.5
1.88
1.58
0.53
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
53
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
569
461
502

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,195
- -
Cash, Cash Equivalents & STI
- -
7
- -
Accounts Receivable, Net
- -
1,131
- -
Inventories
- -
38
- -
Total Current Liabilities
- -
141
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
53
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.47%
13.93%
-0.49%
Free Cash Flow
-214%
-274.03%
-21.06%
Net Income, GAAP
-11.6%
-19.34%
-58.61%
Sales/Revenue/Turnover
1.43%
-6.11%
-45.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
107
160
189
183
639
2026
148
67
45
87
348
2027
80
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.24
0.55
1.22
0.46
2.47
2026
0.92
-0.08
0.11
0.07
1.02
2027
0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hari Hara Prasad Nallapati
Full Time Employees
60
Sector
Non-energy minerals
Industry
Construction materials
Address
Divyashakti Complex Hyderabad TS India 500016
IPO Date
Nov 25, 1993
Business
Divyashakti Limited manufactures and exports polished granite slabs, tiles, monuments, and quartz slabs in a wide spectrum of colors, textures, and finishes; it also exports natural stone products and marble. The company sources raw granite blocks from India, Brazil, Norway, Finland, Ukraine, Saudi Arabia, South Africa, Angola, Madagascar, and other African countries, processing them into customized products such as edge-finished kitchen countertops, glossy island kitchens, vanity tops, floors for hotels and restaurants, and stone-clad facades for high-rises. Established in 1991 and headquartered in Hyderabad, India, Divyashakti operates as a 100% export-oriented unit with two production facilities equipped with advanced Italian machinery including gang saws, line polishers, and edge-cutting machines; it primarily serves markets in the United States, Germany, and other countries worldwide, with plans to expand into Canada and France. In January 2022, the company changed its name from Divyashakti Granites Limited to Divyashakti Limited to reflect its broadened scope beyond granite into quartz and other engineered stones. Recent financial performance shows challenges, including a net loss of ₹8.34 lakhs and 57.78% revenue decline to ₹673.86 lakhs in Q2 FY2026 ended September 30, 2025, compared to a profit in the prior year, though half-year profitability persists at ₹86.17 lakhs on ₹2,155 lakhs revenue; board meetings continue for quarterly results approvals, such as on October 31, 2025. The company emphasizes sustainability through solar power supporting most production, water recycling, and employee welfare including free housing and education.