DJ Mediaprint & Logistics Reports 43.6% Revenue Growth in Q1, Expands into Cab Services
DJ Mediaprint & Logistics Limited reported strong Q1 FY2024 results with consolidated revenue up 43.6% to Rs. 2,524.28 lakhs and net profit increasing 37.5% to Rs. 179.36 lakhs. EBITDA margin improved to 19.1%. The company operates in three segments: Printing (56.9% of revenue), Services (28.4%), and newly added Cab Services (14.7%) through its acquisition of Sai Links. Total consolidated assets stood at Rs. 10,468.54 lakhs.

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DJ Mediaprint & Logistics Limited , a diversified company operating in the printing and services sectors, has reported a strong financial performance for the first quarter ended June 30. The company's consolidated results show significant growth in revenue and profitability, along with expansion into new business segments.
Financial Highlights
- Consolidated revenue from operations surged by 43.6% year-over-year to Rs. 2,524.28 lakhs, compared to Rs. 1,499.12 lakhs in the same quarter last year.
- Net profit increased by 37.5% to Rs. 179.36 lakhs, up from Rs. 120.61 lakhs in the corresponding period.
- EBITDA margin improved to 19.1% from 12.1% in the previous year's quarter.
Segment Performance
DJ Mediaprint & Logistics operates in three main segments:
- Printing Business: Contributed 56.9% of total revenue at Rs. 1,435.25 lakhs.
- Services: Accounted for 28.4% of revenue at Rs. 716.98 lakhs.
- Cab Services: A new segment that generated Rs. 372.04 lakhs, representing 14.7% of total revenue.
Expansion and Acquisition
The company has expanded its portfolio by acquiring a subsidiary, Sai Links, which operates in the cab services sector. This strategic move has diversified the company's revenue streams and contributed to its overall growth.
Financial Position
- Total consolidated assets stood at Rs. 10,468.54 lakhs.
- The company maintains a healthy balance sheet with a paid-up equity share capital of Rs. 324.84 lakhs.
Management Commentary
While specific management comments were not provided in the financial results, the significant revenue growth and improved profitability suggest that the company's strategies, including the expansion into cab services, are yielding positive results.
Auditor's Notes
The independent auditors, ADV & Associates, have reviewed the financial results and noted that the balances of trade receivables, trade payables, and advances are subject to confirmations and subsequent reconciliation.
Conclusion
DJ Mediaprint & Logistics Limited has demonstrated strong growth in the first quarter, with substantial increases in revenue and profitability. The company's expansion into cab services through its new subsidiary, Sai Links, appears to be contributing positively to its financial performance. As the company continues to diversify its operations, investors and stakeholders will likely keep a close eye on how these new ventures impact long-term growth and profitability.
Historical Stock Returns for DJ Mediaprint & Logistics
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+1.05% | -3.39% | -9.44% | -14.63% | -0.47% | -43.98% |