Dc Infotech And Communication Ltd (DCI) AI Stock Analysis

Dc Infotech And Communication Ltd

(NSE:DCI)

Select Model

Rating:54Neutral

Price Target:INR 335.00▲(2.10% Upside)

Action:reiterated

Date:09/10/26

The score is held back primarily by persistently negative operating/free cash flow and moderate leverage despite strong reported growth. Technicals add further pressure given the downtrend and bearish momentum. Valuation is a modest positive with a mid-range P/E, but it is not enough to offset the cash-flow and trend risks.

Positive Factors

Strong revenue growth and operating scaleRevenue increased from ~1.69B in FY2021 to ~7.37B in FY2026, including 21% growth in FY2026. This sustained expansion indicates solid demand and growing operating scale, giving DCI a broader base from which to build customer relationships and absorb fixed costs.

Negative Factors

Persistent negative operating and free cash flowOperating cash flow was negative in FY2021 and FY2023–FY2026, with FY2026 at ~-429M and free cash flow at ~-487M. Persistent cash conversion weakness can increase reliance on external funding and make growth more vulnerable if demand slows.

Dc Infotech And Communication Ltd (DCI) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 5.41B
Dividend Yield: 0.03%
Average Volume (3M): 13.35K
Price to Earnings (P/E): 24.5
Beta (1Y): 1.04
Revenue Growth: 29.18%
EPS Growth: 20.80%
Country: India
Employees: 105
Sector: General
Sector Strength: 55
Industry: Technology Distributors

Dc Infotech And Communication Ltd Business Overview & Revenue Model

Company Description

DC Infotech and Communication Limited functions as a wholesale distributor of computers, peripheral equipment, and their associated parts, serving both the Indian and international markets. The company offers a diverse array of technology products fr...

Dc Infotech And Communication Ltd Financial Statement Overview

Summary

Strong revenue growth and higher reported earnings are offset by a major cash-flow issue: operating and free cash flow are negative in most recent years (including a large FY2026 outflow). Balance sheet scale-up is positive, but rising debt and only moderate de-risking increase vulnerability if cash generation remains weak.

Income Statement

74Positive

Balance Sheet

63Positive

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	7.56B	7.37B	5.56B	4.60B	3.60B	2.33B
Gross Profit	552.75M	526.73M	460.96M	363.30M	272.99M	175.39M
EBITDA	368.55M	354.53M	275.15M	202.31M	129.90M	78.05M
Net Income	216.95M	212.09M	145.00M	116.10M	70.75M	40.04M
Balance Sheet
Total Assets	0	3.73B	2.46B	2.08B	1.40B	1.02B
Cash, Cash Equivalents and Short-Term Investments	253.63M	253.63M	247.06M	124.42M	36.16M	90.89M
Total Debt	0	871.89M	508.83M	376.11M	260.07M	177.99M
Total Liabilities	-1.08B	2.65B	1.74B	1.57B	1.10B	792.54M
Stockholders Equity	1.08B	1.08B	722.16M	505.88M	295.29M	224.53M
Cash Flow
Free Cash Flow	-214.87M	-487.25M	-51.32M	-120.75M	-117.53M	80.83M
Operating Cash Flow	-214.37M	-429.01M	-38.04M	-110.52M	-114.48M	95.68M
Investing Cash Flow	5.34M	-58.24M	-249.00K	16.26M	-343.00K	-13.93M
Financing Cash Flow	184.32M	507.27M	147.48M	170.04M	60.23M	-5.23M

Dc Infotech And Communication Ltd Technical Analysis

Technical Analysis SentimentNeutral

Last Price328.10

Price Trends

50DMA331.19Negative

100DMA313.26Positive

200DMA293.24Positive

Market Momentum

MACD1.39Positive

RSI50.31Neutral

STOCH63.37Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DCI, the sentiment is Neutral. The current price of 328.10 is below the 20-day moving average (MA) of 333.91, below the 50-day MA of 331.19, and above the 200-day MA of 293.24, indicating a neutral trend. The MACD of 1.39 indicates Positive momentum. The RSI at 50.31 is Neutral, neither overbought nor oversold. The STOCH value of 63.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DCI.

Dc Infotech And Communication Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:DCI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:REDINGTON	71Outperform	INR 255.44B	15.03	―	1.84%	23.20%	4.09%
IN:INSPIRISYS	69Neutral	INR 3.29B	8.41	―	―	35.17%	9.87%
IN:RPTECH	56Neutral	INR 52.10B	16.23	―	0.25%	40.44%	48.96%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DCI	54Neutral	INR 5.38B	24.46	―	0.03%	29.18%	20.80%
IN:COMPINFO	48Neutral	INR 84.05M	-1.11	―	―	―	―
IN:HCL.INSYS	40Underperform	INR 3.00B	-6.57	―	―	-22.42%	-109.87%

* General Sector Average

Performance Comparison

IN:DCI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:DCI	Dc Infotech And Communication Ltd	328.10	71.59	27.91%
IN:COMPINFO	Compuage Infocom Ltd	0.98	-1.00	-50.51%
IN:HCL.INSYS	HCL Infosystems Limited	9.10	-6.64	-42.19%
IN:INSPIRISYS	lnspirisys Solutions Limited	83.17	-8.69	-9.46%
IN:REDINGTON	Redington Limited	326.75	79.18	31.99%
IN:RPTECH	Rashi Peripherals Limited	784.60	455.51	138.41%

Dc Infotech And Communication Ltd Corporate Events

DC Infotech Confirms SEBI Insider Trading Compliance for September Quarter

Oct 17, 2026

DC Infotech & Communication Limited, an IT and communications sector company based in Mumbai and listed on Indian stock exchanges, operates under SEBI’s regulatory framework for listed entities. Its business is supported by compliance struc...

DC Infotech says volume surge in shares is market driven, affirms full disclosures

Sep 24, 2026

DC Infotech & Communication Limited addressed a recent surge in trading volumes in its shares after a query from the National Stock Exchange’s surveillance department. The company stated it has complied with disclosure obligations under SEB...

DC Infotech to Join Arihant Bharat Connect ‘Rising Star’ Investor Conference

Sep 16, 2026

DC Infotech & Communication Limited has announced that its management will participate in the Arihant Bharat Connect Conference Rising Star, organized by Arihant Capital, on September 28, 2026.The virtual conference appearance underscores the com...

Dc Infotech Moves to Broaden Shareholder Access to AGM Notice and Annual Report

Aug 27, 2026

Dc Infotech & Communication Limited, a Mumbai-based player in the information technology and communications space, maintains listings on both the National Stock Exchange of India and BSE under the symbol DCI/543636. The company emphasizes regulat...

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.

Date of analysis: Sep 10, 2026

Dc Infotech And Communication Ltd AI Stock Analysis