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Recent events
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News
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Corporate Actions
Divgi Torqtransfer Systems Gets Multi-Year Contract Valued At About 8 Billion Rupees Lifecycle Revenue
Aug 9 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
GETS MULTI-YEAR CONTRACT VALUED AT ABOUT 8 BILLION RUPEES LIFECYCLE REVENUE
Source text for Eikon: ID:nBSE2l4gwj
Further company coverage: DIVG.NS
(([email protected];))
Aug 9 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
GETS MULTI-YEAR CONTRACT VALUED AT ABOUT 8 BILLION RUPEES LIFECYCLE REVENUE
Source text for Eikon: ID:nBSE2l4gwj
Further company coverage: DIVG.NS
(([email protected];))
Divgi Torqtransfer Systems Says Maharashtra Government Conferred Status Of "Mega Project"
July 5 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
DIVGI TORQTRANSFER SYSTEMS - MAHARASHTRA GOVERNMENT CONFERRED STATUS OF "MEGA PROJECT"
Source text for Eikon: ID:nBSEcgMHPG
Further company coverage: DIVG.NS
(([email protected];))
July 5 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
DIVGI TORQTRANSFER SYSTEMS - MAHARASHTRA GOVERNMENT CONFERRED STATUS OF "MEGA PROJECT"
Source text for Eikon: ID:nBSEcgMHPG
Further company coverage: DIVG.NS
(([email protected];))
India's Divgi Torqtransfer slips on Q4 profit fall
** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 10.8% to 728.6 rupees, lowest since March 15
** The auto parts maker said on Friday its Q4 profit fell ~32% Y/Y as demand slipped
** More than 87,200 shares change hands, 2.9x its 30-day avg
** Stock down 8% in May
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 10.8% to 728.6 rupees, lowest since March 15
** The auto parts maker said on Friday its Q4 profit fell ~32% Y/Y as demand slipped
** More than 87,200 shares change hands, 2.9x its 30-day avg
** Stock down 8% in May
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's Divgi Torqtransfer falls to near 6-month low on Q3 profit slump
** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 8.2% to 834.4 rupees, lowest since Aug. 11
** The auto parts maker said on Friday its Q3 profit fell over 22% as demand falls
** EBITDA margin contracts to 26% from 30% Y/Y
** More than 83,000 shares change hands, 3x its 30-day avg
** DIVG trading below its 50-day, 100-day avg since mid-Jan; slipped below 200-day simple moving avg on Friday
** Stock fell over 5% in both the month of Jan. and Q3
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 8.2% to 834.4 rupees, lowest since Aug. 11
** The auto parts maker said on Friday its Q3 profit fell over 22% as demand falls
** EBITDA margin contracts to 26% from 30% Y/Y
** More than 83,000 shares change hands, 3x its 30-day avg
** DIVG trading below its 50-day, 100-day avg since mid-Jan; slipped below 200-day simple moving avg on Friday
** Stock fell over 5% in both the month of Jan. and Q3
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Divgi Torqtransfer Systems Gets Order Worth 1.8 Billion Rupees
July 28 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
GETS ORDER WORTH 1.8 BILLION RUPEES
AWARDED NEW PROGRAM FROM OVERSEAS CUSTOMER TO SUPPLY COMPONENTS FOR THEIR OE PROGRAM
Source text for Eikon: ID:nBSE5yxc10
Further company coverage: DIVG.NS
(([email protected];;))
July 28 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:
GETS ORDER WORTH 1.8 BILLION RUPEES
AWARDED NEW PROGRAM FROM OVERSEAS CUSTOMER TO SUPPLY COMPONENTS FOR THEIR OE PROGRAM
Source text for Eikon: ID:nBSE5yxc10
Further company coverage: DIVG.NS
(([email protected];;))
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Popular questions
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What does Divgi Torqtransfer do?
Divgi Torqtransfer Systems Limited is a leading supplier of transfer case systems and torque couplers to automotive OEMs in India, with capabilities in manufacturing and exporting to global OEMs. They also provide transmission systems for EVs.
Who are the competitors of Divgi Torqtransfer?
Divgi Torqtransfer major competitors are JTEKT India, Sona BLW Precision, Setco Automotive, LG Balakrishnan&Bros, Elecon Engg., Craftsman Automation, ZF Comm Vehic Contr. Market Cap of Divgi Torqtransfer is ₹1,984 Crs. While the median market cap of its peers are ₹12,734 Crs.
Is Divgi Torqtransfer financially stable compared to its competitors?
Divgi Torqtransfer seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Divgi Torqtransfer pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Divgi Torqtransfer latest dividend payout ratio is 20.01% and 3yr average dividend payout ratio is 19.99%
How has Divgi Torqtransfer allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Divgi Torqtransfer balance sheet?
Balance sheet of Divgi Torqtransfer is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Divgi Torqtransfer improving?
No, profit is decreasing. The profit of Divgi Torqtransfer is ₹27.36 Crs for TTM, ₹39.73 Crs for Mar 2024 and ₹51.16 Crs for Mar 2023.
Is the debt of Divgi Torqtransfer increasing or decreasing?
Yes, The debt of Divgi Torqtransfer is increasing. Latest debt of Divgi Torqtransfer is -₹284.6 Crs as of Mar-25. This is greater than Mar-24 when it was -₹528.25 Crs.
Is Divgi Torqtransfer stock expensive?
Divgi Torqtransfer is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Divgi Torqtransfer is 72.53, while 3 year average PE is 57.63. Also latest EV/EBITDA of Divgi Torqtransfer is 39.89 while 3yr average is 41.01.
Has the share price of Divgi Torqtransfer grown faster than its competition?
Divgi Torqtransfer has given lower returns compared to its competitors. Divgi Torqtransfer has grown at ~-14.44% over the last 2yrs while peers have grown at a median rate of 10.89%
Is the promoter bullish about Divgi Torqtransfer?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Divgi Torqtransfer is 60.55% and last quarter promoter holding is 60.55%.
Are mutual funds buying/selling Divgi Torqtransfer?
The mutual fund holding of Divgi Torqtransfer is decreasing. The current mutual fund holding in Divgi Torqtransfer is 12.72% while previous quarter holding is 12.74%.