D-Link (India) Ltd. (IN:DLINKINDIA)
:DLINKINDIA
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D-Link (India) Ltd.
(DLINKINDIA)
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Rating:70Outperform
Price Target:
₹420.00
▼(-2.42% Downside)
Action:ReiteratedDate:10/08/25
D-Link (India) Ltd. shows strong financial performance with consistent revenue growth and effective cost management. The stock's valuation is reasonable, supported by a solid dividend yield. However, technical indicators suggest a bearish trend, which tempers the overall score.
Positive Factors
Sustained Revenue Growth
Multi-year revenue expansion demonstrates durable product demand and scalable distribution across consumer, SMB and enterprise channels. A steady top-line trajectory supports reinvestment in products, channel development and provides a stronger base for margin and cash generation over the next several quarters.
Negative Factors
Relatively Thin Gross Margins
A sub-20% gross margin in networking hardware constrains the firm's ability to absorb commodity and input-cost shocks and limits budget for R&D or channel incentives. Persistently thin margins may compress operating profitability if procurement or competitive pressure intensifies.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Multi-year revenue expansion demonstrates durable product demand and scalable distribution across consumer, SMB and enterprise channels. A steady top-line trajectory supports reinvestment in products, channel development and provides a stronger base for margin and cash generation over the next several quarters.
Read all positive factors
D-Link (India) Ltd. (DLINKINDIA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹13.54B
Dividend Yield5.12%
Average Volume (3M)3.45K
Price to Earnings (P/E)14.0
Beta (1Y)1.56
Revenue Growth8.30%
EPS Growth10.23%
CountryIN
Employees249
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)7.52
Shares Outstanding35,504,850
10 Day Avg. Volume3,671
30 Day Avg. Volume3,452
Financial Highlights & Ratios
PEG Ratio1.11
Price to Book (P/B)3.07
Price to Sales (P/S)1.05
P/FCF Ratio16.26
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
D-Link (India) Ltd. Business Overview & Revenue Model
Company Description
D-Link (India) Limited markets and distributes D-Link branded networking products for consumers, small businesses, medium to large-sized enterprises, and service providers in India. The company offers home networking products, such as Wi-Fi system...
How the Company Makes Money
D-Link (India) Ltd. primarily makes money by selling networking and connectivity hardware in India. Key revenue streams typically include (1) consumer and SOHO products (e.g., Wi‑Fi routers, mesh Wi‑Fi systems, extenders, and home networking acces...
D-Link (India) Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.28B | 13.84B | 12.35B | 11.81B | 9.18B | 7.26B |
| Gross Profit | 2.24B | 2.19B | 1.50B | 1.97B | 1.18B | 1.22B |
| EBITDA | 1.48B | 1.47B | 1.31B | 1.22B | 625.94M | 486.31M |
| Net Income | 1.04B | 1.04B | 926.30M | 863.61M | 422.88M | 313.49M |
Balance Sheet | ||||||
| Total Assets | 7.69B | 7.48B | 6.95B | 6.29B | 5.13B | 4.31B |
| Cash, Cash Equivalents and Short-Term Investments | 2.52B | 2.49B | 2.20B | 1.31B | 1.35B | 1.10B |
| Total Debt | 111.13M | 41.90M | 76.73M | 100.78M | 35.72M | 71.42M |
| Total Liabilities | 2.97B | 2.73B | 2.60B | 2.51B | 2.10B | 1.65B |
| Stockholders Equity | 4.72B | 4.75B | 4.35B | 3.78B | 3.03B | 2.66B |
Cash Flow | ||||||
| Free Cash Flow | 415.46M | 897.14M | 1.20B | 50.22M | 323.51M | 742.70M |
| Operating Cash Flow | 425.18M | 899.63M | 1.21B | 58.93M | 334.93M | 745.97M |
| Investing Cash Flow | -88.03M | -59.26M | -667.25M | -50.32M | -185.32M | -582.26M |
| Financing Cash Flow | -568.59M | -707.58M | -414.01M | -154.46M | -112.39M | -83.63M |
D-Link (India) Ltd. Technical Analysis
Negative
430.40
Price Trends
401.36
Negative
417.93
Negative
456.81
Negative
Market Momentum
-4.35
Positive
41.43
Neutral
30.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DLINKINDIA, the sentiment is Negative. The current price of 430.4 is above the 20-day moving average (MA) of 399.85, above the 50-day MA of 401.36, and below the 200-day MA of 456.81, indicating a bearish trend. The MACD of -4.35 indicates Positive momentum. The RSI at 41.43 is Neutral, neither overbought nor oversold. The STOCH value of 30.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DLINKINDIA.
D-Link (India) Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹13.54B | 13.97 | ― | 5.12% | 8.30% | 10.23% | |
68 Neutral | ₹15.22B | 21.87 | ― | 0.42% | 21.17% | 27.66% | |
62 Neutral | ₹8.33B | 38.21 | ― | 0.55% | 11.73% | -64.05% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | ₹8.12B | 9.73 | ― | ― | 13.11% | 19.26% | |
54 Neutral | ₹3.33B | 27.63 | ― | 0.63% | -17.65% | -89.27% | |
53 Neutral | ₹12.29B | -349.69 | ― | 0.13% | -7.50% | -79.50% |
* Technology Sector Average
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D-Link (India) Ltd. Corporate Events
D-Link India Clears Q3 FY26 Results and Announces Resignation of Independent Director
Feb 5, 2026
D-Link (India) Ltd. announced that its board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, which have undergone a limited review by its statutory auditors with no m...
D-Link India Clears Q3 FY26 Results, Independent Director Resigns
Feb 5, 2026
D-Link (India) Ltd.’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, following a limited review by its statutory auditors, who reported no material misst...
D-Link India Faces ₹6.11 Crore Customs Duty Demand Over Royalty Valuation
Jan 20, 2026
D-Link (India) Ltd. has disclosed that the Office of the Commissioner of Customs (Adjudication), Mumbai, has issued an order alleging that the company failed to include royalty payments to its parent, D-Link Corporation, in the assessable value of...
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.