Dypr.Ns

Dypr's capital structure shows a debt-to-equity ratio of 0.43, below the industry median of 0.65, indicating a conservative leverage profile. The company maintains a current ratio of 0.95, suggesting potential liquidity constraints as current liabilities exceed current assets. Free cash flow of ₹245.16 million reflects strong operating cash flow generation of ₹284.32 million, but capital expenditures of ₹69.15 million reduced net cash flow.

Profitability metrics show a return on equity of 6.69% and return on assets of 3.61%, both below the industry medians of 8.2% and 4.5% respectively. Operating margin of 8.56% (₹314.75 million operating income on ₹3.68 billion revenue) lags the 12.1% median for specialty chemicals firms. Gross margin of 23.55% (₹865.61 million gross profit) aligns with the 23.8% industry median.

The company derives 100% of revenue from a single disclosed segment, with 78% of revenue concentrated in India and 22% from international markets. No material revenue diversification across geographic regions is evident.

Revenue growth shows a 12.4% year-over-year increase to ₹3.68 billion, with outlook projecting 8.2% growth in the current fiscal year and 5.7% in the next. EBITDA growth has slowed from 18% in FY2022 to 6.3% in FY2023.

Risk assessment identifies medium liquidity risk due to the 0.95 current ratio and negative net cash position after subtracting total debt. Dilution risk is assessed as low, with no recent share issuance and diluted shares matching basic shares at 12.43 million. No material regulatory or geopolitical risks are currently flagged.

Recent filings show no material changes in capital structure or business operations in the last 90 days. The Q4 earnings transcript highlighted stable demand in core markets but noted margin compression from raw material price volatility.