AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 8 Sep - AGM newspaper advertisement republished in vernacular language after English printing error, dated September 8, 2026.
Source: Bse
DB (International) Stock Brokers Limited (DBSTOCKBRO)
Small CapFinancial Services stocks · Small cap · NSE
DB (International) Stock Brokers Limited operates in Broking, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result16 Aug, 12:33 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
53NeutralSMA20 +7.9% / mo · MACD −
Stock trend: 59
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
DBSTOCKBROD candles · FIT view+11.1%Latest close ₹30.34 on 2026-10-19
Bar
-3.3%
RSI
46
MACD hist
-0.09
52W pos
28%
2026-10-19O ₹31.38H ₹31.40L ₹29.30C ₹30.34Vol 11,290 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DBSTOCKBRONifty Financial ServicesNifty 500
- DBSTOCKBRO
- -17.3%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- -11.8 pp
Chart stats
19 Oct 2026- From 52W high
- -37.4%
- 52W range position
- 28%
- ATR (14)
- 5.7%
- Volume vs 20D
- 1.23x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹28.8 - ₹34.1
₹48.5
₹23.2 - ₹48.5
₹1.7
Latest completed session
20-session average
38.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED31
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad2
Revenue +48.4% · PAT -14.8% YoY
Technical
Neutral53
Price trend and sector-relative-strength timing.
Valuation
Legacy model-40.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence61
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 2/100PAT -15% YoY · margin compression · Rev +48% YoY · +70% QoQ
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹10.3 Cr | +48.4% | +69.9% |
| EBITDA | ₹1.6 Cr | -15.2% | +37.3% |
| Operating margin | 15.7% | -1176 bps | -373 bps |
| PAT | ₹0.9 Cr | -14.8% | +273.9% |
| PAT margin | 8.3% | -618 bps | +455 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 36.90
- P/B
- 1.44
- EV/EBITDA
- 14.55
- Market Cap
- 109.00Cr
Profitability
- ROE
- 4.20%
- ROCE
- 7.28%
- ROA
- 2.55%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 9.00%
- EPS 5Y
- 58.00%
- Revenue 3Y
- -2.00%
- EPS 3Y
- -21.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 5.39×
- Altman Z
- 3.14
- Book Value
- 21.60
Cash Flow
- FCF Yield
- 2.37%
- FCF Positive Y
- 5/5
- OCF
- 3.59 Cr
- EPS TTM
- 0.85
Shareholding
- Promoter Hold
- 41.18%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 32%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 27.7-34.3% vs prev
Net Profit
₹ CrLatest: 3.1-46.3% vs prev
Return on Equity
%Latest: 4.1-48.9% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 46. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~7.3% over last month) — short-term momentum positive.
- RSI(14) at 46 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 37% off 52W high · 31% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
72
RS percentile
Stage 3 Topping
1M return
+0.0%
3M return
-17.3%
6M return
+9.1%
1Y return
+17.0%
RS 1D
0
RS 20D
+2
Sector rank
#10
Industry rank
#13
Stage evidence
- 32.1% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (+2.6% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price above
Sector
weakening
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 122.32-1.84%
RS vs Nifty 500122
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation1/30
Growth19/25
Quality0/20
Balance Sheet8/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
-8
Raw sum
31
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
31/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 19/25 to the score.
- Cash flow contributes 6/10 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -40.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
36.9
PB
1.4
EV/EBITDA
14.6
ROE
4.2%
ROCE
7.3%
FCF Yield
2.4%
Debt/Equity
0.0
MoS
-40.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
31
Previous: 31
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-40.0%
Previous: -40.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
31
31
31
31
32
32
31
31
31
31
31
31
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹20.32
-49.3% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹21.68
-40.0% MoS
PEG
0.64
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
INVENTURE
Small
Inventure Growth & Securities Limited
Broking
match 99
11
34.7
1.3%
-1148%
OVERVALUED
GEOJITFSL
Small
Geojit Financial Services Limited
Broking
match 84
27
27.5
7.3%
-532%
OVERVALUED
ARIHANTCAP
Small
Arihant Capital Markets Limited
Broking
match 83
20
25.0
7.7%
-300%
OVERVALUED
EMKAY
Small
Emkay Global Financial Services Limited
Broking
match 83
18
40.1
4.5%
-127%
OVERVALUED
ARSSBL
Small
Anand Rathi Share and Stock Brokers Limited
Broking
match 83
46
19.8
14.0%
+17%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
DB (International) Stock Brokers Limited operates in Broking, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
61Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 32nd percentile of the scored universe and 49th percentile within Financial Services. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
32nd percentile
overall median 67 · Financial Services: 49th pctile, median 62 · Small: 36th pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.6%.
- ▸5 years of positive FCF.
- ▸Debt/equity is 0.03.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 7.3%.
- ▸ROE is low at 4.2%.
- ▸ROCE trend is -6.3%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching DB (International) Stock Brokers Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Please find attached herewith newspaper publication regarding 34th AGM of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep - Please find attached herewith newspaper publication regarding 34th AGM of the Company.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Cessation 2d - Mr. Milap Chand Bothra ceased as Independent Director on July 21, 2026.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Aug - Please find attached copies of newspaper publication of standalone and consolidated financial results of the Company for the quarter ended June 30, 2026.
Source: Bse
AnnouncementApr 2026
Apr 2026 · Announcement under Regulation 30 (LODR)-Change in Management 21 Apr - Board approved FY26 audited standalone and consolidated results on April 21, 2026; appointed Ms. Uttama as Company Secretary.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Apr - Please find attached herewith copies of Newspaper publication of financial results for the quarter and financial year ended March 31, 2026.
Source: Bse
AnnouncementJun 2025
Jun 2025 · Announcement Under Regulation 30 Of SEBI (LODR), Regulations, 2015. 10 Aug - Board approved Q1 FY2026-27 results, KMP authorizations, and voluntary surrender of MSEI membership.
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.