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DB (International) Stock Brokers Limited
(DBSTOCKBRO)
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Rating:52Neutral
Price Target:
₹30.00
▼(-11.76% Downside)
Action:Reiterated
Date:08/22/26
Overall score reflects balance-sheet strength and the latest-year revenue/profit rebound, but is held back by weak and inconsistent cash flow (recent negative free cash flow), volatile multi-year earnings quality signals, and bearish technical momentum with the stock trading below key moving averages. A high P/E multiple further limits upside unless fundamentals stabilize.
Positive Factors
Conservative balance sheet
Very low leverage and a growing equity base provide financial resilience for a capital-markets business. This reduces debt-servicing pressure, preserves flexibility during weaker trading periods, and supports continued investment without relying heavily on external financing.
Negative Factors
Weak recent cash conversion
Recent negative free cash flow and modest operating cash generation relative to net income indicate that reported profitability is not consistently converting into cash. Persistent weak conversion could constrain reinvestment, reduce financial flexibility, and make earnings less durable.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a growing equity base provide financial resilience for a capital-markets business. This reduces debt-servicing pressure, preserves flexibility during weaker trading periods, and supports continued investment without relying heavily on external financing.
Read all positive factors
DB (International) Stock Brokers Limited (DBSTOCKBRO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹971.25M
Dividend Yield26.33%
Average Volume (3M)6.41K
Price to Earnings (P/E)32.5
Beta (1Y)0.66
Revenue Growth-14.45%
EPS Growth-38.57%
CountryIN
Employees74
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.85
Shares Outstanding35,000,000
10 Day Avg. Volume2,271
30 Day Avg. Volume6,410
Financial Highlights & Ratios
PEG Ratio-0.61
Price to Book (P/B)1.15
Price to Sales (P/S)3.16
P/FCF Ratio-1.80K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DB (International) Stock Brokers Limited Business Overview & Revenue Model
Company Description
DB (International) Stock Brokers Limited operates in India, providing stock brokerage and CDSL depository participant facilities. The company also extends a wide range of services to Non-Resident Indians (NRIs), which includes equity and derivativ...
How the Company Makes Money
null...
DB (International) Stock Brokers Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
82
Very Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 310.49M | 276.72M | 156.33M | 130.49M | 93.68M | 262.41M |
| Gross Profit | 127.43M | 113.29M | -42.83M | -80.13M | 54.87M | 172.10M |
| EBITDA | 52.90M | 55.72M | 98.90M | 153.94M | 100.48M | 118.18M |
| Net Income | 29.69M | 31.14M | 57.87M | 90.48M | 63.75M | 86.37M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 1.16B | 1.11B | 1.30B | 1.05B | 970.90M |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 965.20M | 64.93M | 89.39M | 232.64M | 166.05M |
| Total Debt | 0.00 | 20.10M | 29.27M | 40.21M | 71.31M | 23.64M |
| Total Liabilities | -756.97M | 402.88M | 384.79M | 633.86M | 477.87M | 463.53M |
| Stockholders Equity | 756.97M | 756.97M | 720.23M | 662.98M | 572.02M | 507.37M |
Cash Flow | ||||||
| Free Cash Flow | -33.25M | -485.00K | -5.49M | -74.24M | 111.17M | 218.66M |
| Operating Cash Flow | -32.59M | 9.59M | 1.60M | -70.68M | 137.61M | 223.78M |
| Investing Cash Flow | -655.00K | -10.07M | -6.99M | -3.48M | -25.82M | -140.95M |
| Financing Cash Flow | -3.40M | -10.63M | -23.71M | -63.01M | 45.95M | -1.56M |
DB (International) Stock Brokers Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹169.05B | 66.47 | ― | ― | 28.51% | 27.16% | |
74 Outperform | ₹21.87B | 30.23 | ― | 1.92% | -4.13% | -52.99% | |
62 Neutral | ₹278.78B | 26.87 | ― | 1.65% | 9.28% | 3.02% | |
62 Neutral | ₹18.06B | 13.89 | ― | 1.39% | 12.02% | -11.03% | |
58 Neutral | ₹8.63B | 21.07 | ― | 0.63% | 3.41% | -25.84% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹971.25M | 32.48 | ― | 26.33% | -14.45% | -38.57% |
* General Sector Average
IN:DBSTOCKBRO
DB (International) Stock Brokers Limited
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DB (International) Stock Brokers Limited Corporate Events
DB (International) Stock Brokers sets September 29, 2026 virtual AGM to approve FY26 accounts and MD reappointment
Sep 5, 2026
DB (International) Stock Brokers Limited has scheduled its 34th Annual General Meeting for September 29, 2026, at 10:30 a.m., to be conducted via video conferencing and other audio-visual means. The AGM will consider adoption of the standalone and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.