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    D-Link (India) Limited

    Markets & distributes D-Link networking gear (routers, switches, cabling) across India via 15,000+ resellers.

    Information Technology
    Information Technology
    ₹525.05
    +12.99% from avg

    Overview

    Price

    ₹525.05

    Market Cap

    ₹1.6k Cr

    Sector

    Information Technology

    Information Technology

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital77777777
    Reserves231259296371428468465499
    Borrowings107410841115
    Other Liabilities129158206241252268286291
    Total Liabilities377431513629695748769811
    AssetsFixed Assets4238344038344145
    CWIP00000000
    Investments22498393158168196136
    Other Assets313345396496500546532630
    Total Assets377431513629695748769811

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating328753361219015
    Cash from Investing-6-19-58-19-5-67-666
    Cash from Financing-2-11-8-11-15-41-71-81
    SummaryCapital Expenditure
    Free Cash Flow228743351209013
    FCF Margin

    Valuation

    Assumptions

    Current — DLINKINDIA
    Price
    ₹525
    EPS (TTM)
    ₹29.32
    PE (TTM)
    17.9
    Profit growth
    6.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (14.0×) and current (17.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹525
    vs
    Fair value · 15% return
    ₹238
    55%Overvalued

    At 6.5% growth and a 14× exit, ₹525 only delivers your return if you pay ₹238. The price is currently baking in 23% growth.

    EPS grows 6.5%/yr for 5 years, then fades to 6% over 2, exits at 14×.

    YearGrowthEPS (₹)
    FY276.5%31.23
    FY286.5%33.26
    FY296.5%35.42
    FY306.5%37.72
    FY316.5%40.17
    FY326.3% ·fade42.68
    FY336.0% ·fade45.24

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse D-Link (India) Limited

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