Guess who landed a Rs 6 crore order from Universal Sompo General Insurance Company Ltd?

The company will provide Universal Sompo with printing & dispatch and bulk scanning services.

DJ MediaPrint & Logistics Ltd., formerly known as DJ Logistic Solutions Pvt Ltd., has announced securing a substantial contract with Universal Sompo General Insurance Company Limited. According to the press release dated April 19, 2024, DJ MediaPrint & Logistics will provide Universal Sompo with printing & dispatch and bulk scanning services. This collaboration is set to be for a duration of five years.

The contract, valued at Rs 6 crore, highlights the domestic nature of the order, emphasising that the services will be rendered within India. There are no interests from promoter/promoter group/group companies in the entity awarding the contract, ensuring transparency and integrity in the transaction.

DJ MediaPrint & Logistics Ltd. has also ensured that this business agreement does not fall under related party transactions, and all dealings are being conducted at arm's length, preserving professional standards and compliance with relevant regulatory requirements. This contract is a significant addition to DJ MediaPrint & Logistics Ltd.'s portfolio, enhancing its reputation in the print and logistics sector and potentially leading to further business opportunities and growth. The company has also made this information publicly available on its website for transparency.

DJ Mediaprint & Logistics Ltd. is a premier provider of integrated printing and logistics solutions, catering to diverse sectors in India and abroad. It offers a range of services including Bulk Mailing, Speed Post, Records Management, and more. The company processes over 40 to 50 lakh articles monthly, employing hundreds and serving over 1000 organizations like LIC and Dish TV. It began as a sole proprietorship in 1999 and evolved into a comprehensive enterprise, maintaining high-quality standards and achieving ISO 9001:2015 certification.

DJ MediaPrint & Logistics Ltd. holds a market capitalisation of Rs 256 crores, with its current stock price at Rs 236, fluctuating between a high of Rs 241 and a low of Rs 125. The stock's Price-to-Earnings (P/E) ratio stands at 69.4, indicating a premium market valuation. The company’s book value is Rs 26.7, and it offers a modest dividend yield of 0.07 per cent. The Return on Capital Employed (ROCE) is robust at 16.0 per cent, with a Return on Equity (ROE) of 12.4 per cent, reflecting efficient management and profitability.

Disclaimer: The article is for informational purposes only and not investment advice.