Algoquant Fintech Ltd
Incorporated in 1962, Algoquant Fintech Limited is engaged in the trading of metals and trading in financial instruments. The Company is a wholly-owned subsidiary of Mandela Investment Private Limited. [1]
- Market Cap ₹ 967 Cr.
- Current Price ₹ 1,203
- High / Low ₹ 1,620 / 567
- Stock P/E 98.6
- Book Value ₹ 55.1
- Dividend Yield 0.00 %
- ROCE 22.1 %
- ROE 25.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 63.0% CAGR over last 5 years
Cons
- Stock is trading at 21.8 times its book value
- Company has a low return on equity of 10.1% over last 3 years.
- Promoters have pledged 36.0% of their holding.
- Company's cost of borrowing seems high
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
36.01 | 41.06 | 43.29 | 26.89 | 6.69 | 0.00 | 0.13 | 1.33 | 5.19 | 16.59 | 13.46 | 64.17 | |
36.02 | 37.89 | 42.36 | 31.57 | 19.85 | 0.00 | 1.61 | 1.93 | 2.12 | 13.45 | 17.88 | 48.95 | |
Operating Profit | -0.01 | 3.17 | 0.93 | -4.68 | -13.16 | 0.00 | -1.48 | -0.60 | 3.07 | 3.14 | -4.42 | 15.22 |
OPM % | -0.03% | 7.72% | 2.15% | -17.40% | -196.71% | -1,138.46% | -45.11% | 59.15% | 18.93% | -32.84% | 23.72% | |
0.17 | -0.48 | -0.02 | 0.87 | 0.93 | 51.77 | 0.49 | -2.88 | 1.45 | 0.90 | -0.73 | 0.80 | |
Interest | 1.56 | 1.49 | 1.67 | 1.53 | 1.32 | 0.00 | 0.00 | 0.19 | 0.12 | 0.64 | 1.60 | 4.41 |
Depreciation | 0.65 | 0.62 | 0.60 | 0.60 | 0.59 | 0.00 | 0.04 | 0.21 | 0.00 | 0.04 | 0.22 | 1.20 |
Profit before tax | -2.05 | 0.58 | -1.36 | -5.94 | -14.14 | 51.77 | -1.03 | -3.88 | 4.40 | 3.36 | -6.97 | 10.41 |
Tax % | -7.80% | -25.86% | -5.88% | -7.91% | -1.27% | 0.00% | 0.00% | -277.06% | 15.23% | -2.38% | 51.08% | 4.32% |
-2.20 | 0.72 | -1.44 | -6.40 | -14.31 | 51.77 | -1.03 | -14.63 | 3.73 | 3.43 | -3.42 | 9.95 | |
EPS in Rs | -2.75 | 0.90 | -1.80 | -8.00 | -17.89 | 64.71 | -1.29 | -18.29 | 4.66 | 4.27 | -4.26 | 12.38 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 246% |
3 Years: | 131% |
TTM: | 377% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 63% |
3 Years: | 57% |
TTM: | 434% |
Stock Price CAGR | |
---|---|
10 Years: | 60% |
5 Years: | 153% |
3 Years: | 181% |
1 Year: | 110% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 10% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 |
Reserves | 0.26 | 0.98 | -0.47 | -6.87 | -21.18 | 30.44 | 29.41 | 14.78 | 18.51 | 31.93 | 32.68 | 42.65 |
18.03 | 16.67 | 15.74 | 14.82 | 11.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.47 | 23.69 | |
10.98 | 12.45 | 12.31 | 13.91 | 16.14 | 9.98 | 1.34 | 3.51 | 5.20 | 9.05 | 7.08 | 7.70 | |
Total Liabilities | 30.88 | 31.71 | 29.19 | 23.47 | 8.08 | 42.03 | 32.36 | 19.90 | 25.32 | 42.59 | 71.84 | 75.65 |
6.79 | 6.75 | 6.43 | 6.55 | 5.67 | 1.32 | 1.16 | 0.00 | 0.00 | 1.14 | 1.73 | 8.28 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.07 | 0.07 | 0.07 | 0.07 | 0.14 | 26.72 | 19.99 | 18.40 | 5.19 | 33.38 | 18.16 | 5.68 |
24.02 | 24.89 | 22.69 | 16.84 | 2.27 | 13.99 | 11.21 | 1.50 | 20.13 | 8.07 | 51.95 | 61.69 | |
Total Assets | 30.88 | 31.71 | 29.19 | 23.47 | 8.08 | 42.03 | 32.36 | 19.90 | 25.32 | 42.59 | 71.84 | 75.65 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.05 | 3.58 | 2.83 | 2.06 | 3.75 | -21.38 | -8.15 | -1.98 | -17.89 | 20.19 | -37.20 | -0.83 | |
-0.70 | -0.64 | -0.37 | -0.70 | 1.19 | 34.04 | 8.28 | 2.80 | 17.12 | -18.05 | 9.36 | 14.14 | |
2.68 | -2.67 | -2.42 | -1.78 | -4.99 | -12.03 | -0.65 | 0.00 | -0.12 | -0.64 | 29.17 | -14.29 | |
Net Cash Flow | -0.07 | 0.27 | 0.03 | -0.42 | -0.05 | 0.64 | -0.52 | 0.82 | -0.88 | 1.49 | 1.32 | -0.98 |
Ratios
Figures in Rs. Crores
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 | 53.32 | 44.09 | 43.68 | 43.03 | 22.91 | 0.00 | 0.00 | 58.37 | 0.00 | 0.00 | 0.00 | |
Inventory Days | 417.22 | 346.56 | 284.59 | 369.28 | 53.89 | 0.00 | ||||||
Days Payable | 157.15 | 161.55 | 141.51 | 237.72 | 324.99 | |||||||
Cash Conversion Cycle | 313.38 | 229.11 | 186.76 | 174.59 | -248.18 | 0.00 | 0.00 | 58.37 | 0.00 | 0.00 | 0.00 | |
Working Capital Days | 137.95 | 111.74 | 88.78 | 40.45 | -799.84 | -3,453.46 | -869.96 | 1,009.90 | -51.48 | 1,020.16 | 297.20 | |
ROCE % | -2.05% | 13.94% | 2.27% | -33.21% | -1,804.00% | 431.60% | -3.27% | -2.24% | 16.98% | 13.49% | -8.93% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3h - Newspaper Advertisement- Notice of Hearing of Company Scheme Petition
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Of Newspaper Advertisement of Audited Financial Results for the quarter and year ended March 31, 2024
- Announcement Under Regulation 30 For Appointment Of Secretarial Auditor For FY 2024-25 30 May
- Intimation Of Appointment Of Internal Auditor Of The Company For The F.Y. 2024-2025. 30 May
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Activities
The Co. trades in metals and manufactures hand tools such as spanners, wrenches, and screwdrivers. However, due to unfavourable business environment and to safeguard against losses the management did not engage into trading in metals during FY21.
After the change in management pursuant to indirect acquisition via Share Purchase Agreement dated October 24, 2021, the new Management engaged in the business of trading in financial instruments w.e.f. 10th February, 2021. [1] [2]