Danlaw Technologies India Upgraded to Higher Quality Grade Amid Strong Financial Metrics

Danlaw Technologies India, a microcap player in the industrial manufacturing sector, has recently undergone an evaluation revision. The company's financial metrics reflect a robust sales growth of 70.17% over the past five years, alongside a commendable EBIT growth of 48.15%. The firm's EBIT to interest ratio stands at 4.91, indicating a solid ability to cover interest expenses, while its debt to EBITDA ratio is recorded at 1.03, suggesting manageable leverage levels.
In terms of capital efficiency, Danlaw's sales to capital employed ratio is 2.43, and it maintains a low net debt to equity ratio of 0.23. The company's tax ratio is at 25.52%, and it has no pledged shares, which reflects a strong ownership structure. Institutional holding is relatively low at 0.88%, and the return on capital employed (ROCE) is 27.00%, with a return on equity (ROE) of 20.22%.

When compared to its peers, Danlaw Technologies aligns with several companies in the industrial manufacturing space, all of which exhibit average quality metrics. Notably, some competitors have shown varying performance indicators, highlighting the competitive landscape within the industry.