---
title: "Digital Electronics Ltd (503978) — Share Price, Financials & Analysis"
symbol: "503978"
company: "Digital Electronics Ltd"
canonical: "https://tapetide.com/stocks/503978"
isin: "INE053N01014"
bse_code: "503978"
generated_at: "2026-10-13T11:01:49.606Z"
---

# Digital Electronics Ltd (503978)

Canonical page: https://tapetide.com/stocks/503978

## Company

- **BSE Code:** 503978
- **ISIN:** INE053N01014
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** digitalelectronicsindia.com

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.47% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 95% | -45% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.23 | 0.42 | 0.46 | 0.39 | 0.56 | 0.55 | 0.64 | 0.49 | 0.6 | 0.32 | 0.01 | 0.01 |
| Operating Profit | -0.23 | -0.42 | -0.46 | -0.39 | -0.56 | -0.55 | -0.64 | -0.49 | -0.6 | -0.32 | -0.01 | -0.01 |
| Other Income | -3.04 | -2.87 | 0.13 | -7.28 | 0.03 | 0.05 | 0.2 | 0.08 | 0.47 | 0.39 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -3.27 | -3.29 | -0.33 | -7.68 | -0.54 | -0.5 | -0.45 | -0.42 | -0.14 | 0.06 | -0.01 | -0.01 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -3.28 | -3.29 | -0.34 | -7.67 | -0.53 | -0.51 | -0.44 | -0.41 | -0.14 | 0.06 | -0.01 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.86 | 0.39 | 2.17 | 0.58 | 0.94 |
| Operating Profit | -0.86 | -0.39 | -2.17 | -0.58 | -0.94 |
| Other Income | 1.32 | 0.24 | -1.24 | -2.73 | 0.88 |
| Interest | 0 | 0 | 0 | 0.01 | 0 |
| Depreciation | 0.04 | 0.03 | 0.02 | 0.02 | 0.04 |
| Profit before tax | 0.42 | -0.18 | -3.43 | -3.34 | -0.1 |
| Tax % | 26.19 | 0 | 0.29 | 0 | — |
| Net Profit | 0.31 | -0.18 | -3.44 | -3.34 | -0.09 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.24 | 0.24 | 0.24 | 0.24 |
| Reserves | 24.31 | 24.13 | 20.69 | 17.35 |
| Borrowings | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.96 | 0.3 | 0.16 | 0.24 |
| Total Liabilities | 27.51 | 24.67 | 21.09 | 17.83 |
| Fixed Assets | 0.24 | 0.21 | 0.19 | 0.16 |
| CWIP | 0 | 0 | 0 | 0.72 |
| Investments | 24.37 | 24.16 | 20.25 | 16.34 |
| Other Assets | 2.9 | 0.3 | 0.65 | 0.61 |
| Total Assets | 27.51 | 24.67 | 21.09 | 17.83 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.32 | -0.9 | — |
| Cash from Investing Activity | -0.35 | 0.26 | 0.86 | — |
| Cash from Financing Activity | -0.01 | 0 | 0 | — |
| Net Cash Flow | -0.38 | -0.06 | -0.04 | — |
| Free Cash Flow | 0.01 | -0.32 | -0.9 | — |
| CFO/OP | -2 | 74 | 22 | — |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- |
| ROCE % | — | -0.98 | 0.71 | -1.09 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 75% | 75% |
| DIIs | 8.7% | 8.7% |
| Public | 16.3% | 16.3% |
| No. of Shareholders | 10 | 10 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| DIIs | 8.7% | 8.7% | 8.7% | 8.7% | 8.7% | 8.7% | 8.7% |
| Public | 16.3% | 16.3% | 16.3% | 16.3% | 16.3% | 16.3% | 16.3% |
| No. of Shareholders | 10 | 10 | 10 | 10 | 10 | 10 | 10 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1541.58 | Sell |
| EMA (10) | 1527.67 | Sell |
| SMA (20) | 1605.67 | Sell |
| EMA (20) | 1570.04 | Sell |
| SMA (50) | 1652.31 | Sell |
| EMA (50) | 1638.06 | Sell |
| SMA (100) | 1756.06 | Sell |
| EMA (100) | 1684.69 | Sell |
| SMA (200) | 1716.38 | Sell |
| EMA (200) | 1711.2 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 33.86 | Neutral |
| MACD (12,26,9) | -48.27 | Sell |
| Stochastic (14,3,3) | 19.39 | Buy |
| ADX (14) | 29.28 | Buy |
| Williams %R (14) | -75.24 | Neutral |
| ATR (14) | 57.7 | High Volatility |
| ROC (12) | -10.86 | Sell |
| Stoch RSI (14) | 16.17 | Buy |
| UO (7,14,28) | 44.03 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Updates on Acquisition](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a61ae102-138c-43db-b4c9-9dd30d4024b3.pdf) |
| 2026-03-04 | [Announcement under Regulation 30 (LODR)-Updates on Acquisition](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3c1b3138-026a-40ff-bbcf-79bcfc06670c.pdf) |
| 2026-02-27 | [Intimation Pertaining To The Proposed Capacity Expansion](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25044265-5a5e-489c-a5ed-7c44902f2554.pdf) |
| 2026-02-09 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On Monday, February 09, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d424ccfa-2ca5-4918-9844-bc7294df7a10.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a9be301-5f67-4c37-ad13-d139c8e39370.pdf) |
| 2026-01-29 | [Board Meeting Intimation for Intimation Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00f0f9f4-6080-4e4b-91f9-4373e1501041.pdf) |
| 2026-01-21 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec3aee69-cf7e-47c4-ad6a-e1e507b356ec.pdf) |
| 2025-12-30 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52a16dff-18b9-4390-8cf1-1f0e0a519b1d.pdf) |
| 2017-11-10 | [Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0547783c-4da1-4131-bddb-47ffc05101c1.pdf) |
| 2017-11-10 | [Resignation of Director](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/0547783c-4da1-4131-bddb-47ffc05101c1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/374be146-c38f-4994-82d4-7de4fdaa3b72.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1ab8af6-0695-4263-8b77-3b58e28a9ff5.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20634726-3a7a-4d7f-a9b9-13c751384080.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543239/75742543239.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/543239/69448543239.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/503978/5039780315.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/503978/5039780313.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/503978/5039780311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/503978/5039780310.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9f1a61a-7013-4bf0-bd06-c4da2bb1d3d7.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7438951-3a2c-4476-9c6a-06437de319dc.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:49.606Z.