Quest Capital Markets Ltd

Quest Capital Markets Ltd

₹ 468 0.73%
22 Nov - close price
About

BNK Capital Markets Ltd., setup in the year 1986, is an NBFC engaged in investment banking distribution services, Corporate finance and Advisory services. [1]It is a part of RP-Sanjiv Goenka Group.

Key Points

History
Quest Capital (formerly known as BNK Capital Markets Limited) was setup in 1986 and started as a leasing and finance company, later became a Category 1 Merchant Banker in the late 80s and was into Merchant Banking, Financial, and Investment Advisory Services. [1]

  • Market Cap 468 Cr.
  • Current Price 468
  • High / Low 574 / 260
  • Stock P/E 22.8
  • Book Value 1,634
  • Dividend Yield 0.53 %
  • ROCE 3.14 %
  • ROE 2.43 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.29 times its book value

Cons

  • The company has delivered a poor sales growth of 9.32% over past five years.
  • Company has a low return on equity of 2.73% over last 3 years.
  • Dividend payout has been low at 12.3% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
7.40 2.01 21.48 1.53 8.69 0.93 20.95 1.42 1.39 1.37 22.28 1.44 1.54
5.09 -0.15 0.47 1.37 6.50 0.15 0.35 0.10 0.17 0.10 0.18 0.11 0.12
Operating Profit 2.31 2.16 21.01 0.16 2.19 0.78 20.60 1.32 1.22 1.27 22.10 1.33 1.42
OPM % 31.22% 107.46% 97.81% 10.46% 25.20% 83.87% 98.33% 92.96% 87.77% 92.70% 99.19% 92.36% 92.21%
0.00 0.38 0.01 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.16 0.14 0.00
Interest 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.05 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 2.26 2.52 21.00 0.16 2.19 0.78 20.63 1.32 1.22 1.27 22.26 1.47 1.42
Tax % 32.30% 32.14% 21.71% 6.25% 26.03% 26.92% 19.97% 25.00% 25.41% 25.98% 22.24% 20.41% 24.65%
1.52 1.71 16.43 0.15 1.62 0.58 16.51 0.99 0.91 0.94 17.31 1.17 1.06
EPS in Rs 1.52 1.71 16.43 0.15 1.62 0.58 16.51 0.99 0.91 0.94 17.31 1.17 1.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10 4 7 9 15 12 17 18 46 39 32 26 27
7 3 2 2 3 9 4 9 25 10 8 1 1
Operating Profit 4 1 5 7 11 4 13 9 21 29 24 26 26
OPM % 35% 30% 66% 81% 78% 29% 76% 51% 45% 74% 74% 98% 98%
0 -0 0 0 0 0 0 0 0 0 0 0 0
Interest 1 1 0 1 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 3 0 4 6 11 3 13 9 20 29 24 26 26
Tax % 12% 86% 12% 2% 14% 17% 0% 5% 27% 24% 21% 23%
3 0 4 6 9 3 13 9 15 22 19 20 20
EPS in Rs 2.67 0.05 3.60 6.14 9.29 2.89 12.63 8.77 14.90 22.00 18.86 20.15 20.48
Dividend Payout % 19% 0% 14% 16% 16% 52% 16% 29% 17% 11% 13% 12%
Compounded Sales Growth
10 Years: 21%
5 Years: 9%
3 Years: -17%
TTM: 8%
Compounded Profit Growth
10 Years: 79%
5 Years: 10%
3 Years: 11%
TTM: 8%
Stock Price CAGR
10 Years: 31%
5 Years: 44%
3 Years: 23%
1 Year: 75%
Return on Equity
10 Years: 4%
5 Years: 3%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 31 31 34 38 46 47 438 221 473 807 664 976 1,624
19 16 18 15 19 15 1 0 0 0 0 0 0
8 8 8 1 2 3 3 1 11 41 25 49 172
Total Liabilities 68 65 70 65 77 75 453 232 494 858 698 1,036 1,805
0 0 0 1 0 0 0 1 1 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 35 30 34 35 35 31 399 177 413 755 630 963 1,754
33 35 35 30 42 44 55 54 80 103 68 73 52
Total Assets 68 65 70 65 77 75 453 232 494 858 698 1,036 1,805

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 -5 -3 -9 -1 2 -5 -3 -4 -30 15 19
-1 5 -4 3 9 4 11 5 27 5 -12 -17
5 -4 6 6 -6 -3 0 -7 -0 -2 -2 -2
Net Cash Flow 0 -4 -0 0 2 2 6 -5 23 -27 -0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 4 1 0 0 13 49 7 6 2 1 1 0
Inventory Days 9 21 179 124 371 5
Days Payable 0 90 13 5 15 5
Cash Conversion Cycle 13 1 0 0 13 -21 7 172 121 357 0 0
Working Capital Days 669 2,283 926 786 690 752 245 223 61 66 -2 -2
ROCE % 6% 2% 8% 11% 16% 5% 5% 3% 6% 4% 3% 3%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
86.36% 86.36% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 1.00% 1.00% 1.00% 1.00% 1.00% 3.17% 3.17% 3.17% 3.17% 2.91%
13.64% 13.64% 24.00% 24.00% 24.00% 24.00% 24.01% 21.83% 21.83% 21.83% 21.83% 22.09%
No. of Shareholders 2,2582,5293,2632,9972,8792,7572,6082,4022,3002,3212,2882,249

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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