Devine Impex

What does Devine Impex do?

Devine Impex Ltd is a manufacturer and exporter of industrial components, incorporated in 1995, with a market cap of Rs 9 Cr and recent net sales of 1 Cr as of March 2025. The company operates in the Micro Cap segment and has a P/E ratio of 9.00.

Overview:<BR>Devine Impex Ltd is a manufacturer and exporter of various industrial components, operating in the Trading & Distributors industry within the Micro Cap market segment.<BR><BR>History:<BR>Devine Impex Ltd was incorporated as a public limited company in October 1995, previously known as Classic Global Impex Limited. The latest quarterly results reported net sales for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: N/A<BR>- Market-cap value: Rs 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 9.00<BR>- Industry P/E: 70<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.00<BR>- Return on Equity: 0.29%<BR>- Price to Book: 0.68<BR><BR>Contact Details:<BR>Address: The Groove C-157 1st Floor, Industrial Focal Point Ph-VII Mohali Punjab : 160059<BR>Email: rohitjain77@yahoo.com<BR>Website: http://www.divineimpex.co.in

Has Devine Impex declared dividend?

No Dividend History Available

Who are the peers of the Devine Impex?

Devine Impex's peers include Redington, MMTC, MSTC, Ravindra Energy, Parker Agrochem, Ramgopal Polytex, Shashank Traders, and Sabrimala Indus. Redington shows excellent management and growth, while Devine Impex has good capital structure and a 1-year return of 10.98%, higher than MSTC but lower than Ravindra Energy's 141.41%.

Peers: The peers of Devine Impex are Redington, MMTC, MSTC, Ravindra Energy, Parker Agrochem, Ramgopal Polytex, Shashank Traders, Sabrimala Indus.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC, and the rest have Below Average management risk, including Ravindra Energy, Parker Agrochem, Ramgopal Polytex, Devine Impex, and Sabrimala Indus. Growth is Excellent at Redington, Average at Parker Agrochem, and Below Average at MMTC, MSTC, Ravindra Energy, Ramgopal Polytex, Devine Impex, and Sabrimala Indus. For Capital Structure, Excellent is noted at MSTC, Good at Devine Impex, and Below Average at MMTC, Ravindra Energy, Parker Agrochem, Ramgopal Polytex, and Sabrimala Indus.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 141.41%, while the lowest is MSTC at -39.93%. Devine Impex has a 1-year return of 10.98%, which is significantly higher than MSTC but lower than Ravindra Energy. Additionally, MSTC, Ramgopal Polytex, Sabrimala Indus, and Saianand Commer. have negative six-month returns.

What is the technical trend for Devine Impex?

As of June 5, 2025, Devine Impex shows a neutral technical stance with mixed signals: weekly indicators are mildly bullish while monthly indicators are mildly bearish, leading to a sideways trend overall.

As of 5 June 2025, the technical trend for Devine Impex has changed from mildly bearish to sideways. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting a positive outlook. However, daily moving averages remain mildly bearish, which could weigh on short-term performance. The KST and Dow Theory both show a mildly bullish trend on the weekly basis, while the monthly KST is mildly bearish. Overall, the current technical stance is neutral with mixed strength, driven by the contrasting indicators across different time frames.

Who are in the management team of Devine Impex?

As of March 2023, the management team of Devine Impex includes Rohit Jain (Executive Director & CFO), Neeraj Jain (Managing Director), Nisha Sharma and Vinay Kumar Sharma (Independent Directors), Manju Jain (Non-Executive Director), and Anil Jain (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2023, the management team of Devine Impex includes the following individuals:<BR><BR>1. Rohit Jain - Executive Director & CFO<BR>2. Nisha Sharma - Independent Director<BR>3. Vinay Kumar Sharma - Independent Director<BR>4. Neeraj Jain - Managing Director<BR>5. Manju Jain - Non-Executive Director<BR>6. Anil Jain - Company Secretary & Compliance Officer<BR><BR>Each member plays a crucial role in the governance and operational oversight of the company.

Who are the top shareholders of the Devine Impex?

The top shareholders of Devine Impex are Manju Jain, the promoter with 13.11%, and Saral Mining Limited, the largest public shareholder at 7.76%. Individual investors hold a combined 17.92%, with no pledged promoter holdings and minimal institutional involvement.

The top shareholders of Devine Impex include Manju Jain, who is the promoter with the highest holding at 13.11%. The highest public shareholder is Saral Mining Limited, holding 7.76%. Additionally, individual investors collectively hold 17.92% of the company's shares. There are no pledged promoter holdings, and the company has minimal institutional involvement, with only 0.02% held by mutual funds and no foreign institutional investors (FIIs) listed.

How big is Devine Impex?

As of 24th July, Devine Impex Ltd has a market capitalization of 8.00 Cr, classifying it as a Micro Cap company, with net sales of 19.36 Cr and a net profit of 0.66 Cr reported over the latest four quarters. Specific values for Shareholder's Funds and Total Assets are not available.

As of 24th July, Devine Impex Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 19.36 Cr and a net profit of 0.66 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but specific values for Shareholder's Funds and Total Assets are not available.

Is Devine Impex overvalued or undervalued?

As of August 12, 2025, Devine Impex is considered very expensive and overvalued with a PE ratio of 8.41, an EV to EBITDA of 8.40, and a Price to Book Value of 0.61, despite its low PEG ratio of 0.08 indicating potential growth, while it has underperformed the Sensex with a year-to-date return of -11.8%.

As of 12 August 2025, the valuation grade for Devine Impex has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently deemed overvalued. Key ratios include a PE ratio of 8.41, an EV to EBITDA of 8.40, and a Price to Book Value of 0.61. <BR><BR>In comparison to its peers, Devine Impex's PE ratio is notably lower than that of Titan Company, which stands at 83.4, and Kalyan Jewellers at 67.31, both classified as expensive. However, it is important to note that the PEG ratio of Devine Impex at 0.08 suggests potential growth that is not reflected in its current valuation. Over the past year, Devine Impex has underperformed the Sensex, with a year-to-date return of -11.8% compared to the Sensex's 2.68%, reinforcing the notion of overvaluation in the current market context.

How has been the historical performance of Devine Impex?

Devine Impex experienced a significant decline in financial performance from Mar'12 to Mar'18, with net sales dropping from 19.77 Cr to 2.83 Cr, and operating profit falling from 2.76 Cr to 0.03 Cr. Key metrics such as profit before tax, profit after tax, and earnings per share also decreased sharply, culminating in negative cash flow from operating activities by Mar'18.

Answer:<BR>The historical performance of Devine Impex shows a significant decline in net sales over the years, dropping from 19.77 Cr in Mar'12 to just 2.83 Cr in Mar'18. The total operating income followed a similar trend, decreasing from 19.77 Cr in Mar'12 to 2.83 Cr in Mar'18. The company's total expenditure, excluding depreciation, also decreased from 17.01 Cr in Mar'12 to 2.80 Cr in Mar'18. Operating profit, which was 2.76 Cr in Mar'12, fell to 0.03 Cr by Mar'18, indicating a severe reduction in profitability. Profit before tax showed a decline from 1.09 Cr in Mar'12 to 0.03 Cr in Mar'18, while profit after tax decreased from 0.75 Cr to 0.02 Cr in the same period. The earnings per share (EPS) also reflected this downward trend, falling from 1.47 in Mar'12 to 0.1 in Mar'18. The operating profit margin and profit after tax margin have similarly decreased, with the operating profit margin dropping from 13.97% in Mar'12 to 0.95% in Mar'18, and the PAT margin decreasing from 3.81% to 0.64%. Cash flow from operating activities turned negative in Mar'18 at -0.18 Cr, contrasting with positive cash flows in earlier years.<BR><BR>Breakdown:<BR>Devine Impex's financial performance has shown a stark decline over the years, particularly from Mar'12 to Mar'18. Net sales plummeted from 19.77 Cr to 2.83 Cr, while total operating income mirrored this decline, indicating a significant drop in business activity. Total expenditure also decreased but at a slower rate, leading to a drastic reduction in operating profit, which fell from 2.76 Cr to 0.03 Cr. Profit before tax and profit after tax followed suit, with both metrics declining sharply, reflecting the company's struggles. The earnings per share decreased significantly, highlighting the diminishing returns for shareholders. Margins, both operating profit and PAT, have contracted severely, showcasing the company's challenges in maintaining profitability. Additionally, cash flow from operating activities turned negative by Mar'18, further emphasizing the financial difficulties faced by Devine Impex in recent years.

When is the next results date for Devine Impex Ltd?

The next results date for Devine Impex Ltd is 12 February 2026.

The next results date for Devine Impex Ltd is scheduled for 12 February 2026.

Are Devine Impex Ltd latest results good or bad?

Devine Impex Ltd's latest results show a net profit of ₹0.10 crores, a significant increase from the previous quarter, but the company faces declining revenues, low return on equity, and a high P/E ratio, indicating ongoing operational challenges and an overvalued stock. Overall, while the profit is a positive sign, the outlook remains cautious.

Devine Impex Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.10 crores in Q3 FY26, which is the highest in recent quarters and reflects a significant increase of 233.33% compared to the previous quarter. This is a positive development, indicating some level of profitability after a prolonged period of inconsistency.<BR><BR>However, when looking at the broader financial context, several concerning factors emerge. The company has a declining revenue trajectory, with a five-year sales CAGR of -2.23%, indicating structural challenges in its business model. Additionally, the return on equity (ROE) is extremely low at 0.23%, suggesting that the company is not generating meaningful returns for its shareholders. The price-to-earnings (P/E) ratio is notably high at 225x, which is considered extremely overvalued, especially for a company with such minimal profitability.<BR><BR>Overall, while the recent quarterly profit is a positive sign, it must be weighed against the backdrop of ongoing operational challenges, weak financial metrics, and high valuation. This combination suggests that the results are not fundamentally strong and may not indicate a sustainable improvement in the company's performance. Therefore, the outlook remains cautious, and potential investors should consider these factors carefully.

Should I buy, sell or hold Devine Impex Ltd?

Why is Devine Impex Ltd falling/rising?

As of 04-Mar, Devine Impex Ltd's stock price is at 8.94, reflecting a decline of 4.99%. The stock has underperformed significantly over various time frames, with weak fundamentals and reduced investor interest contributing to its downward trend.

As of 04-Mar, Devine Impex Ltd's stock price is falling, currently at 8.94, which reflects a decrease of 0.47 or 4.99%. This decline is part of a broader trend, as the stock has underperformed the sector by 3.23% today and has experienced consecutive falls over the last two days, totaling a drop of 9.7% in that period. <BR><BR>The stock's performance over the past week shows a significant decline of 10.15%, while its one-month performance is also negative at -5.89%. Although the stock has shown a year-to-date increase of 10.23%, it has underperformed the market significantly over the past year, generating a return of -1.43% compared to the Sensex's gain of 8.39%. <BR><BR>Investor participation has also decreased, with delivery volume dropping by 99.83% against the five-day average, indicating reduced interest from investors. Furthermore, the stock's moving averages suggest a weak position, as it is lower than the 5-day, 20-day, 100-day, and 200-day moving averages, despite being higher than the 50-day moving average.<BR><BR>The company's long-term fundamentals are weak, evidenced by an average Return on Equity (ROE) of only 0.23% and poor growth rates in net sales and operating profit over the last five years. Additionally, the company's ability to service its debt is concerning, with a low EBIT to Interest ratio of 0.07. These factors contribute to the stock's expensive valuation relative to its peers, further supporting the downward price movement.

Which are the latest news on Devine Impex?