Digilogic Systems Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹562 Cr
- P/E
- 42.03
- ROE
- 13.99%
- PEG
- 0.64
- Price to sales
- 6.09
- Debt to equity
- 0.08
- 52W high / low
- ₹215 / ₹73.0
- Sales growth (5Y)
- 31.04%
- EBITDA margin
- 20.12%
- Net profit margin
- 12.76%
- Promoter holding
- 64.26%
- Sales (last year)
- ₹92 Cr
Incorporated in 2011, Digilogic Systems Ltd. is engaged in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radars, etc. for Defense and Aerospace industry.[1]
Guidance scorecard · Q4 FY26 call
What Digilogic Systems's management guided
and where it ranks in Aerospace & Defense
Aerospace & Defense
RevenueQ4 FY26 call
20–40%- Revenue growth is expected to be organic, focusing on establishing a strong industry presence and moving into system-level manufacturing.
- From FY28 to FY29 onwards, revenue from Project UDAN will start contributing, aiding growth.
- Anticipated revenues from Project UDAN: INR 11-13 crores in FY29, INR 28-30 crores in FY30, and INR 57-61 crores in FY31.
- Current capacity allows revenues up to INR 150-160 crores; Project UDAN will help expand production capabilities.
- Growth will accelerate as the company moves from prototyping (~30% revenue) to production (~70% revenue).
2 more points from Digilogic Systems's call on revenue
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MarginsQ4 FY26 call
FlatSee what Digilogic Systems said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Construction of a guest house is underway with a borrowing exposure of around INR 2.1 crores; finance cost is capitalized at REPO plus 2.5%.
- A large new production facility ("Udaan program") is being built to cater specifically to production programs, especially DcPP (Defense Critical Production Program), with electronic manufacturing, environmental testing, and ATE/checkout production…
- The new facility aims to increase production capacity from about six systems in six months to 20-25 systems in the same period, enabling revenue ramp-up from prototyping to production.
2 more points from Digilogic Systems's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Digilogic Systems said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Flat- As of the current fiscal year FY27, Digilogic started with a spillover order backlog of approximately INR 22 crores from FY26.
- By May 30, 2026, the company has secured over INR 30 crores in new orders.
- The target is to have purchase orders in hand close to INR 100+ crores by September 2026.
- The order book declined from INR 46 crores to INR 31 crores recently.
- The broader tender pipeline has also contracted from INR 200 crores to INR 110 crores.
2 more points from Digilogic Systems's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Aerospace & Defense
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Aerospace & Defense companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹5,129 Cr | 193.7 | |
| 2 | 40%+ | Up 0–2% | ₹1,098 Cr | 40.9 | |
| 3 | 40%+ | Flat | ₹14,818 Cr | 106.9 | |
| 4 | 40%+ | Flat | ₹14,300 Cr | — | |
| 5 | 40%+ | Flat | ₹8,040 Cr | 91.2 | |
| 6 | 40%+ | Flat | ₹7,979 Cr | 243.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Aerospace & Defense rankingFinancials of Digilogic Systems
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Digilogic Systems
Quarterly Results
Quarter-by-quarter operating performance
Financials of Digilogic Systems
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales + | 20.04 | 40.15 | 55.96 | 51.56 | 72.06 |
| Expenses + | 17.20 | 36.16 | 50.38 | 45.83 | 58.56 |
| Operating Profit | 2.84 | 3.99 | 5.58 | 5.73 | 13.50 |
| OPM % | 14.17% | 9.94% | 9.97% | 11.11% | 18.73% |
| Other Income + | 0.09 | 0.17 | 0.15 | 0.15 | 0.13 |
| Interest | 0.92 | 1.00 | 1.25 | 1.31 | 1.43 |
| Depreciation | 1.01 | 1.54 | 1.50 | 1.28 | 1.71 |
| Profit before tax | 1.00 | 1.62 | 2.98 | 3.29 | 10.49 |
| Tax % | 28.00% | 28.40% | 26.51% | 25.53% | 25.93% |
| Net Profit + | 0.73 | 1.17 | 2.18 | 2.45 | 7.76 |
| EPS in Rs | 3.65 | 5.85 | 10.90 | 12.25 | 17.44 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Digilogic Systems
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.00 | 2.00 | 2.00 | 2.00 | 4.45 | 4.45 |
| Reserves | 5.74 | 6.91 | 9.09 | 11.54 | 28.72 | 30.62 |
| Borrowings + | 8.25 | 5.62 | 10.92 | 8.11 | 13.34 | 22.04 |
| Other Liabilities + | 4.56 | 17.40 | 13.49 | 13.92 | 25.76 | 7.42 |
| Total Liabilities | 20.55 | 31.93 | 35.50 | 35.57 | 72.27 | 64.53 |
| Fixed Assets + | 10.18 | 10.27 | 9.11 | 8.71 | 8.94 | 9.65 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.56 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets + | 10.37 | 21.66 | 26.39 | 26.86 | 63.33 | 54.32 |
| Total Assets | 20.55 | 31.93 | 35.50 | 35.57 | 72.27 | 64.53 |
Financials of Digilogic Systems
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 2.93 | 4.95 | -6.65 | 5.49 | -10.51 |
| Cash from Investing Activity + | -4.54 | -1.42 | -0.63 | -1.37 | -5.13 |
| Cash from Financing Activity + | 0.56 | -0.34 | 4.08 | -4.11 | 15.63 |
| Net Cash Flow | -1.05 | 3.19 | -3.20 | 0.01 | -0.01 |
| Free Cash Flow | -1.80 | 3.40 | -6.99 | 4.64 | -12.45 |
| CFO/OP | 120% | 134% | -103% | 107% | -56% |
Financials of Digilogic Systems
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 105.09 | 43.18 | 100.12 | 138.82 | 221.20 |
| Inventory Days | 41.99 | 109.61 | 68.40 | 26.98 | 85.66 |
| Days Payable | 101.31 | 208.84 | 103.18 | 119.26 | 158.72 |
| Cash Conversion Cycle | 45.78 | -56.05 | 65.34 | 46.54 | 148.13 |
| Working Capital Days | -3.64 | -16.73 | 21.85 | 33.13 | 104.80 |
| ROCE % | 16.64% | 23.15% | 20.93% | 34.98% |
Continue your research
What Digilogic Systems's management said in earlier quarters
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