Destiny Logistics & Infra Ltd.

•

₹ 100.650%

2026-08-21

destinyinfra.inBSE: -NSE: DESTINY

Market Cap₹ 226 Cr.

Current Price₹ 101

High / Low₹ 143 / 100

Stock P/E0.0

Book Value₹ 33

Price to Book3.74

Dividend Yield0.00 %

ROCE11.2 %

ROE8.7 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Construction: 70.5% • Transport: 29.5%

PROS

Company has delivered good sales growth of 58.8% CAGR over last 5 years

CONS

Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.97x)
Company has a low return on equity of 8.7% over last 3 years
Equity base is being diluted - shares outstanding up 100.0%
Free cash flow has been persistently negative
Inventory has been piling up - inventory days up from 15 to 20

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

ServicesLogisticsLogistics

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	CONCOR	514.00	31.52	39147.16	1.67	268.90	0.61	2159.76	0.28	14.79	20.41
2.	DELHIVERY	448.00	358.82	33562.68	0.00	31.91	-64.96	2930.73	27.76	3.02	4.75
3.	SHADOWFAX	265.20	139.25	15555.60	0.00	654.00	6732.86	13581.20	1806.32	4.90	6.76
4.	BLACKBUCK	613.80	66.23	11180.37	0.00	42.17	25.14	204.17	42.17	-31.80	24.35
5.	TCI	914.10	15.38	7023.13	1.09	106.60	-0.56	1248.50	9.58	20.52	12.30
6.	TVSSCS	120.95	82.41	5336.60	0.00	22.48	-96.84	3335.22	28.66	11.51	6.75
7.	VRLLOG	231.45	0.00	4048.92	0.00	805.30	1509.31	8788.40	1080.70	26.47	21.23
8.	MAHLOG	406.00	104.69	4028.43	0.62	27.83	394.81	2002.88	23.29	10.40	5.76
9.	SINDHUTRAD	24.29	48.39	3745.35	0.00	38.74	-79.39	129.21	-21.85	12.80	45.34
10.	GATEWAY	54.17	11.08	2706.57	6.00	512.68	724.44	5492.97	897.94	17.99	21.31
11.	TCIEXP	547.00	25.50	2102.90	1.28	20.49	5.24	313.40	9.29	13.92	10.03
12.	DESTINY	100.65	0.00	225.69	0.00	—	—	—	—	11.25	—

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	7	7	10	35	57	58	68
	7	7	9	33	54	54	63
Operating Profit	0	0	1	2	3	4	5
OPM %	3	3	6	5	6	7	8
Other Income	0	0	0	0	0	0	0
Interest	0	0	0	0	0	1	1
Depreciation	0	0	0	0	0	0	0
	0	0	0	2	3	3	4
Tax %	26	26	26	26	28	28	28
Net Profit	0	0	0	1	2	2	3
EPS	0	0	6	2	1	1	2
Dividend Payout %	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0
Adjusted EPS	1	1	6	2	1	1	2
Minority Interest	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0
Adjusted EPS	1	1	6	2	1	1	2

Mar 2019

: 7
: 7
Operating Profit: 0
OPM %: 3
Other Income: 0
Interest: 0
Depreciation: 0
: 0
Tax %: 26
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2020

: 7
: 7
Operating Profit: 0
OPM %: 3
Other Income: 0
Interest: 0
Depreciation: 0
: 0
Tax %: 26
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2021

: 10
: 9
Operating Profit: 1
OPM %: 6
Other Income: 0
Interest: 0
Depreciation: 0
: 0
Tax %: 26
Net Profit: 0
EPS: 6
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

Mar 2022

: 35
: 33
Operating Profit: 2
OPM %: 5
Other Income: 0
Interest: 0
Depreciation: 0
: 2
Tax %: 26
Net Profit: 1
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2023

: 57
: 54
Operating Profit: 3
OPM %: 6
Other Income: 0
Interest: 0
Depreciation: 0
: 3
Tax %: 28
Net Profit: 2
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2024

: 58
: 54
Operating Profit: 4
OPM %: 7
Other Income: 0
Interest: 1
Depreciation: 0
: 3
Tax %: 28
Net Profit: 2
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2025

: 68
: 63
Operating Profit: 5
OPM %: 8
Other Income: 0
Interest: 1
Depreciation: 0
: 4
Tax %: 28
Net Profit: 3
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 59%
3 Years:: 25%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 119%
3 Years:: 26%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 76%
1 Year:: 83%

RETURN ON EQUITY

10 Years:: —
5 Years:: 15%
3 Years:: 9%
Last Year:: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-
Equity Capital	0	0	8	15	15	15
	0	1	9	11	13	16
	1	3	2	1	13	14
Trade Payables	0	0	5	10	10	5
	0	2	4	3	2	14
Total Liabilities	2	7	27	40	54	64
ASSETS	-	-	-	-	-	-
	0	0	0	6	7	9
	0	0	5	5	5	14
	0	0	1	2	3	5
	0	0	0	0	28	22
Cash & Bank	0	0	0	0	1	1
	2	6	21	28	11	14
Total Assets	2	7	27	40	54	64
Total Debt	1	4	2	2	13	17
Net Working Capital	1	1	12	17	13	16
Contingent Liabilities	0	0	0	0	0	0
Book Value per Share	13.97	20.06	21.69	17.19	18.57	20.25
Face Value	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	1	4	2	2	13	17
Net Working Capital	1	1	12	17	13	16
Contingent Liabilities	0	0	0	0	0	0
Book Value per Share	13.97	20.06	21.69	17.19	18.57	20.25
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2020

Equity Capital: 0
: 0
: 1
Trade Payables: 0
: 0
Total Liabilities: 2
: 0
: 0
: 0
: 0
Cash & Bank: 0
: 2
Total Assets: 2
Total Debt: 1
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 13.97
Face Value: 10.00
Total Debt: 1
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 13.97
Face Value: 10.00

Mar 2021

Equity Capital: 0
: 1
: 3
Trade Payables: 0
: 2
Total Liabilities: 7
: 0
: 0
: 0
: 0
Cash & Bank: 0
: 6
Total Assets: 7
Total Debt: 4
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 20.06
Face Value: 10.00
Total Debt: 4
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 20.06
Face Value: 10.00

Mar 2022

Equity Capital: 8
: 9
: 2
Trade Payables: 5
: 4
Total Liabilities: 27
: 0
: 5
: 1
: 0
Cash & Bank: 0
: 21
Total Assets: 27
Total Debt: 2
Net Working Capital: 12
Contingent Liabilities: 0
Book Value per Share: 21.69
Face Value: 10.00
Total Debt: 2
Net Working Capital: 12
Contingent Liabilities: 0
Book Value per Share: 21.69
Face Value: 10.00

Mar 2023

Equity Capital: 15
: 11
: 1
Trade Payables: 10
: 3
Total Liabilities: 40
: 6
: 5
: 2
: 0
Cash & Bank: 0
: 28
Total Assets: 40
Total Debt: 2
Net Working Capital: 17
Contingent Liabilities: 0
Book Value per Share: 17.19
Face Value: 10.00
Total Debt: 2
Net Working Capital: 17
Contingent Liabilities: 0
Book Value per Share: 17.19
Face Value: 10.00

Mar 2024

Equity Capital: 15
: 13
: 13
Trade Payables: 10
: 2
Total Liabilities: 54
: 7
: 5
: 3
: 28
Cash & Bank: 1
: 11
Total Assets: 54
Total Debt: 13
Net Working Capital: 13
Contingent Liabilities: 0
Book Value per Share: 18.57
Face Value: 10.00
Total Debt: 13
Net Working Capital: 13
Contingent Liabilities: 0
Book Value per Share: 18.57
Face Value: 10.00

Mar 2025

Equity Capital: 15
: 16
: 14
Trade Payables: 5
: 14
Total Liabilities: 64
: 9
: 14
: 5
: 22
Cash & Bank: 1
: 14
Total Assets: 64
Total Debt: 17
Net Working Capital: 16
Contingent Liabilities: 0
Book Value per Share: 20.25
Face Value: 10.00
Total Debt: 17
Net Working Capital: 16
Contingent Liabilities: 0
Book Value per Share: 20.25
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	0	0	-0	-1	0	-9	2
Cash from Investing	0	0	-0	-5	-8	-1	-11
Cash from Financing	-0	-0	0	7	7	11	9
	-0	-0	0	0	-0	0	-0
Free Cash Flow	0	0	-0	-1	-5	-10	-1
OCF / Net Profit	1.98	1.92	-0.32	-1.12	0.23	-4.27	0.80
Cumulative 5-Year FCF	0	0	0	0	0	0	-17
OCF / Net Profit	1.98	1.92	-0.32	-1.12	0.23	-4.27	0.80
Cumulative 5-Year FCF	0	0	0	0	0	0	-17

Mar 2019

: 0
Cash from Investing: 0
Cash from Financing: -0
: -0
Free Cash Flow: 0
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: 0

Mar 2020

: 0
Cash from Investing: 0
Cash from Financing: -0
: -0
Free Cash Flow: 0
OCF / Net Profit: 1.92
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.92
Cumulative 5-Year FCF: 0

Mar 2021

: -0
Cash from Investing: -0
Cash from Financing: 0
: 0
Free Cash Flow: -0
OCF / Net Profit: -0.32
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.32
Cumulative 5-Year FCF: 0

Mar 2022

: -1
Cash from Investing: -5
Cash from Financing: 7
: 0
Free Cash Flow: -1
OCF / Net Profit: -1.12
Cumulative 5-Year FCF: 0
OCF / Net Profit: -1.12
Cumulative 5-Year FCF: 0

Mar 2023

: 0
Cash from Investing: -8
Cash from Financing: 7
: -0
Free Cash Flow: -5
OCF / Net Profit: 0.23
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.23
Cumulative 5-Year FCF: 0

Mar 2024

: -9
Cash from Investing: -1
Cash from Financing: 11
: 0
Free Cash Flow: -10
OCF / Net Profit: -4.27
Cumulative 5-Year FCF: 0
OCF / Net Profit: -4.27
Cumulative 5-Year FCF: 0

Mar 2025

: 2
Cash from Investing: -11
Cash from Financing: 9
: -0
Free Cash Flow: -1
OCF / Net Profit: 0.80
Cumulative 5-Year FCF: -17
OCF / Net Profit: 0.80
Cumulative 5-Year FCF: -17

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-
EPS (₹)	0.96	1.02	6.09	1.69	1.34	1.38	1.68
Book Value (₹)	12.95	13.97	20.06	21.69	17.19	18.57	20.25
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.96	1.02	6.40	1.69	1.35	1.45	1.78
PROFITABILITY	-	-	-	-	-	-	-
Operating Margin %	2.62%	2.54%	5.64%	5.39%	5.69%	6.76%	7.51%
Net Margin %	0.71%	0.76%	3.03%	3.74%	3.64%	3.67%	3.80%
ROE %	7.38%	7.60%	35.80%	14.67%	9.58%	7.72%	8.66%
ROCE %	11.33%	10.85%	17.35%	15.90%	13.73%	11.07%	11.25%
	2.66%	2.84%	7.25%	7.77%	6.14%	4.48%	4.37%
EFFICIENCY	-	-	-	-	-	-	-
Debtor Days	95	92	95	111	134	164	135
Inventory Days	0	0	15	5	8	15	20
Payable Days	10	8	10	32	52	72	57
	84	84	101	84	90	107	97
FINANCIAL HEALTH	-	-	-	-	-	-	-
Debt to Equity (x)	1.40x	1.30x	3.74x	0.12x	0.07x	0.46x	0.55x
Interest Coverage (x)	1.58x	1.68x	3.89x	16.96x	9.49x	4.14x	3.40x
	1.56x	1.63x	1.24x	2.18x	2.25x	1.51x	1.69x
GROWTH	-	-	-	-	-	-	-
Revenue Growth %	0.00%	0.30%	49.01%	245.00%	63.46%	1.93%	17.72%
Operating Profit Growth %	0.00%	-2.76%	230.73%	229.78%	72.67%	23.41%	31.15%
Net Profit Growth %	0.00%	7.09%	495.53%	326.08%	59.18%	2.77%	21.83%
	0.00%	0.00%	0.00%	0.00%	0.00%	2.77%	21.83%
VALUATION	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	19.72x	45.10x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	1.46x	3.74x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	13.68x	25.52x

Mar 2019

EPS (₹): 0.96
Book Value (₹): 12.95
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.96
Operating Margin %: 2.62%
Net Margin %: 0.71%
ROE %: 7.38%
ROCE %: 11.33%
: 2.66%
Debtor Days: 95
Inventory Days: 0
Payable Days: 10
: 84
Debt to Equity (x): 1.40x
Interest Coverage (x): 1.58x
: 1.56x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 1.02
Book Value (₹): 13.97
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.02
Operating Margin %: 2.54%
Net Margin %: 0.76%
ROE %: 7.60%
ROCE %: 10.85%
: 2.84%
Debtor Days: 92
Inventory Days: 0
Payable Days: 8
: 84
Debt to Equity (x): 1.30x
Interest Coverage (x): 1.68x
: 1.63x
Revenue Growth %: 0.30%
Operating Profit Growth %: -2.76%
Net Profit Growth %: 7.09%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 6.09
Book Value (₹): 20.06
Dividend per Share (₹): 0.00
Cash EPS (₹): 6.40
Operating Margin %: 5.64%
Net Margin %: 3.03%
ROE %: 35.80%
ROCE %: 17.35%
: 7.25%
Debtor Days: 95
Inventory Days: 15
Payable Days: 10
: 101
Debt to Equity (x): 3.74x
Interest Coverage (x): 3.89x
: 1.24x
Revenue Growth %: 49.01%
Operating Profit Growth %: 230.73%
Net Profit Growth %: 495.53%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 1.69
Book Value (₹): 21.69
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.69
Operating Margin %: 5.39%
Net Margin %: 3.74%
ROE %: 14.67%
ROCE %: 15.90%
: 7.77%
Debtor Days: 111
Inventory Days: 5
Payable Days: 32
: 84
Debt to Equity (x): 0.12x
Interest Coverage (x): 16.96x
: 2.18x
Revenue Growth %: 245.00%
Operating Profit Growth %: 229.78%
Net Profit Growth %: 326.08%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 1.34
Book Value (₹): 17.19
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.35
Operating Margin %: 5.69%
Net Margin %: 3.64%
ROE %: 9.58%
ROCE %: 13.73%
: 6.14%
Debtor Days: 134
Inventory Days: 8
Payable Days: 52
: 90
Debt to Equity (x): 0.07x
Interest Coverage (x): 9.49x
: 2.25x
Revenue Growth %: 63.46%
Operating Profit Growth %: 72.67%
Net Profit Growth %: 59.18%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 1.38
Book Value (₹): 18.57
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.45
Operating Margin %: 6.76%
Net Margin %: 3.67%
ROE %: 7.72%
ROCE %: 11.07%
: 4.48%
Debtor Days: 164
Inventory Days: 15
Payable Days: 72
: 107
Debt to Equity (x): 0.46x
Interest Coverage (x): 4.14x
: 1.51x
Revenue Growth %: 1.93%
Operating Profit Growth %: 23.41%
Net Profit Growth %: 2.77%
: 2.77%
P/E (x): 19.72x
P/B (x): 1.46x
Dividend Yield %: 0.00%
: 13.68x

Mar 2025

EPS (₹): 1.68
Book Value (₹): 20.25
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.78
Operating Margin %: 7.51%
Net Margin %: 3.80%
ROE %: 8.66%
ROCE %: 11.25%
: 4.37%
Debtor Days: 135
Inventory Days: 20
Payable Days: 57
: 97
Debt to Equity (x): 0.55x
Interest Coverage (x): 3.40x
: 1.69x
Revenue Growth %: 17.72%
Operating Profit Growth %: 31.15%
Net Profit Growth %: 21.83%
: 21.83%
P/E (x): 45.10x
P/B (x): 3.74x
Dividend Yield %: 0.00%
: 25.52x

Shareholding Pattern

Numbers in percentages

TRADES

	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026
	64.76	64.76	64.76	64.76	64.76	64.76	68.77	69.43
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	35.16	35.24	35.18	35.24	35.24	35.24	31.23	30.57

Mar 2023

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.16

Sep 2023

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.24

Mar 2024

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.18

Sep 2024

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.24

Mar 2025

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.24

Sep 2025

: 64.76
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 35.24

Dec 2025

: 68.77
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 31.23

Mar 2026

: 69.43
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 30.57

Documents

Announcements

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Annual Reports

Credit Ratings

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Concalls

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