---
title: "Druckgrafen India Ltd (512549) — Share Price, Financials & Analysis"
symbol: "512549"
company: "Druckgrafen India Ltd"
canonical: "https://tapetide.com/stocks/512549"
bse_code: "512549"
generated_at: "2026-10-13T11:01:13.184Z"
---

# Druckgrafen India Ltd (512549)

Canonical page: https://tapetide.com/stocks/512549

## Company

- **BSE Code:** 512549
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Druckgrafen India Ltd. is engaged In the business of high speed security printing of Bank cheques, Demand drafts, etc.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -177% | — |
| revenue growth | — | 100% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 162 | 191 | 181 | 139 | 278 | 130 | 104 | 125 | 143 | 141 | 168 | 67 |
| Expenses | 154 | 189 | 169 | 126 | 220 | 110 | 110 | 145 | 160 | 152 | 167 | 79 |
| Operating Profit | 9 | 1 | 12 | 13 | 58 | 19 | -5 | -21 | -16 | -10 | 1 | -12 |
| OPM % | 5 | 1 | 6 | 9 | 21 | 15 | -5 | -17 | -11 | -7 | 1 | -17 |
| Other Income | 6 | 6 | 6 | 6 | 7 | 8 | 7 | 7 | 3 | 7 | 6 | 6 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 8 | 1 | 12 | 13 | 59 | 21 | -4 | -20 | -19 | -9 | 1 | -12 |
| Tax % | 28 | 20 | 31 | 25 | 26 | 25 | -17 | -22 | -21 | -10 | -94 | -8 |
| Net Profit | 6 | 1 | 8 | 10 | 44 | 16 | -4 | -15 | -15 | -8 | 2 | -11 |
| EPS in Rs | 0.71 | 0.14 | 1 | 1.16 | 5.17 | 1.87 | -0.43 | -1.78 | -1.79 | -0.99 | 0.25 | -1.27 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0.19 | 0 | 0.01 | 0.01 | 0 | 0 | 0.08 |
| Expenses | 0.01 | 0.04 | 0.15 | 0.07 | 0.07 | 0.04 | 0.02 | 0.02 | 0.2 | 0.38 |
| Operating Profit | -0.01 | -0.04 | -0.15 | 0.12 | -0.07 | -0.03 | -0.01 | -0.02 | -0.2 | -0.3 |
| OPM % | — | — | — | 63.16 | — | -300 | -100 | — | — | -375 |
| Other Income | 0.01 | 0.01 | 1 | 0 | 0 | 0.07 | 0 | 0.02 | 0.85 | 0 |
| Interest | 0 | 0 | 0.53 | 0 | 0.06 | 0 | 0 | 0 | 0 | 0.13 |
| Depreciation | 0 | 0 | 0 | 0.03 | 0.04 | 0.07 | 0.07 | 0.07 | 0.04 | 0.16 |
| Profit before tax | 0 | -0.03 | 0.32 | 0.09 | -0.17 | -0.03 | -0.08 | -0.07 | 0.61 | -0.59 |
| Tax % | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | -0.03 | 0.32 | 0.09 | -0.17 | -0.02 | -0.08 | -0.06 | 0.61 | -0.59 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.54 | 4.54 | 2.27 | 5.27 | 5.27 | 5.27 | 5.27 | 5.27 | 5.27 | 5.27 |
| Reserves | -6.24 | -6.4 | -3.18 | -3.09 | -3.25 | -5.22 | -5.3 | -5.36 | -4.75 | -5.34 |
| Borrowings | 4.6 | 5.69 | 4.05 | 1 | 0.91 | 0.9 | 1.05 | 1.06 | 2.44 | 3.26 |
| Other Liabilities | 0.93 | 0.92 | 0.2 | 0.17 | 0.32 | 0.32 | 0.12 | 0.11 | 0.67 | 0.25 |
| Total Liabilities | 3.83 | 4.75 | 3.34 | 3.35 | 3.25 | 1.27 | 1.14 | 1.08 | 3.63 | 3.44 |
| Fixed Assets | 3.28 | 3.27 | 3.26 | 3.22 | 3.16 | 1.1 | 1.04 | 0.97 | 0.76 | 3.33 |
| CWIP | 0.12 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 2.46 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.43 | 1.37 | 0.08 | 0.13 | 0.09 | 0.17 | 0.1 | 0.11 | 0.41 | 0.11 |
| Total Assets | 3.83 | 4.75 | 3.34 | 3.35 | 3.25 | 1.27 | 1.14 | 1.08 | 3.63 | 3.44 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.3 | -0.97 | 0.01 | 0.08 | -0.16 | 0.01 | -0.2 | 0 | 1.37 | -0.71 |
| Cash from Investing Activity | -0.16 | 0.02 | 0.01 | 0 | 0.03 | 0.05 | 0 | 0 | -2.69 | -0.04 |
| Cash from Financing Activity | 0.48 | 0.96 | -0.03 | -0.05 | 0.1 | -0.01 | 0.16 | 0 | 1.38 | 0.69 |
| Net Cash Flow | 0.02 | 0.01 | -0.01 | 0.03 | -0.03 | 0.05 | -0.04 | 0 | 0.06 | -0.05 |
| Free Cash Flow | -0.46 | -0.95 | 0.02 | 0.08 | -0.14 | 0.06 | -0.2 | 0 | -1.08 | -0.57 |
| CFO/OP | 3000 | 2425 | -7 | 67 | 229 | -33 | 2000 | 0 | -685 | 237 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | 57.63 | — | 1460 | 1095 | — | — | 136.88 |
| Inventory Days | — | — | — | — | — | 0 | — | — | — | — |
| Cash Conversion Cycle | — | — | — | 57.63 | — | 1460 | 1095 | — | — | 136.88 |
| Working Capital Days | — | — | — | -230.53 | — | -9125 | -2190 | — | — | -912.5 |
| ROCE % | 0 | -0.89 | 24.39 | 2.85 | -3.6 | -1.55 | -8.12 | -7.04 | 39.19 | -14.96 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 45.05% | 45.05% | 45.05% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% |
| FIIs | 0.01% | 0.01% | 0.01% | 0% | 0% | 0.53% | 0.35% | 0.74% | 0.95% | 0.9% |
| DIIs | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 54.89% | 54.89% | 54.9% | 54.93% | 54.93% | 54.4% | 54.59% | 54.18% | 53.97% | 54.03% |
| No. of Shareholders | 75342 | 73151 | 73973 | 52122 | 52049 | 69520 | 74674 | 67775 | 79183 | 78115 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% | 45.04% |
| FIIs | 0.35% | 0.35% | 0.32% | 0.32% | 0.74% | 1.23% | 1.13% | 0.95% | 0.95% | 0.94% | 0.91% | 0.9% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 54.59% | 54.57% | 54.6% | 54.61% | 54.18% | 53.68% | 53.8% | 53.97% | 53.97% | 53.99% | 54.02% | 54.03% |
| No. of Shareholders | 74674 | 73717 | 71163 | 69067 | 67775 | 76520 | 79792 | 79840 | 79183 | 78270 | 79112 | 78115 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 189.87 | Sell |
| EMA (10) | 187.45 | Sell |
| SMA (20) | 196.75 | Sell |
| EMA (20) | 192.8 | Sell |
| SMA (50) | 203.58 | Sell |
| EMA (50) | 203.88 | Sell |
| SMA (100) | 220.38 | Sell |
| EMA (100) | 222.56 | Sell |
| SMA (200) | 266.48 | Sell |
| EMA (200) | 256.33 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.74 | Neutral |
| MACD (12,26,9) | -6.27 | Sell |
| Stochastic (14,3,3) | 10.74 | Buy |
| ADX (14) | 21.35 | Neutral |
| Williams %R (14) | -76.69 | Neutral |
| ATR (14) | 8.54 | High Volatility |
| ROC (12) | -10.41 | Sell |
| Stoch RSI (14) | 36.72 | Neutral |
| UO (7,14,28) | 40.79 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53dde624-27f3-4328-bba1-89d9fba0f435.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28872314-7486-445f-8f7b-ec8e696780b7.pdf) |
| 2026-02-07 | [Credit Rating](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34438469-8F67-4B02-8A88-10067AEDFCEF-123630.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/673a0427-d5e4-4e7a-81fb-722fb5ad0208.pdf) |
| 2026-02-04 | [Board Meeting Outcome for Outcome Of The Board Meeting - Announcement Of Unaudited Financial Results For The Quarter & Nine Months Period Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b7990f8-7228-4583-a96e-006f727a369e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19187e37-4da3-4fd7-bf3c-49e84d4d5930.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95904d25-777b-41b5-997f-74c277b73d9b.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df319651-077a-439a-8a61-0c7c8ced695a.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500012/74776500012.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500012/70542500012.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500012/66469500012_08_09_20.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500012/5000120319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500012/5000120318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/500012/5000120317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/500012/5000120316.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-02-05 | Credit rating update — ICRA |
| 2025-08-18 | Credit rating update — ICRA |
| 2024-09-12 | Credit rating update — ICRA |
| 2023-08-04 | Credit rating update — ICRA |
| 2022-06-22 | Credit rating update — ICRA |
| 2021-03-23 | Credit rating update — ICRA |

---

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 2026-10-13T11:01:13.184Z.