Sakthi Finance Ltd

Sakthi Finance Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sakthi Finance Ltd

₹ 58.1 -1.56%
22 Nov - close price
sakthifinance.com BSE: 511066
About

Incorporated in 1955, Sakthi Finance provides financing in India[1]

Key Points

Business Overview:[1]
SFL is a part of the Sakthi Group and is classified as NBFC -Middle layer. It provides vehicle financing in used commercial vehicles, with operations across Tamil Nadu, Kerala, Andhra Pradesh and Karnataka. Company also presence in related businesses, like automotive dealerships, has aided origination, appraisal, and good market responsiveness, monitoring and collections.
It has a branch-centric operating model with in-house origination team, which is responsible for collections, while the credit sanctions are centralised.
SFL conducts credit bureau checks to screen its customers, followed by a field investigation and an income assessment and viability analysis
as a part of its loan origination process

Website BSE
  • Market Cap ₹ 376 Cr.
  • Current Price ₹ 58.1
  • High / Low ₹ 104 / 43.9
  • Stock P/E 23.5
  • Book Value ₹ 34.2
  • Dividend Yield 1.38 %
  • ROCE 10.3 %
  • ROE 7.39 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 36.7%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.59% over past five years.
  • Company has a low return on equity of 6.19% 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
46.34 46.48 46.05 46.40 47.44 48.96 49.01 49.15 51.22 52.21 54.16 53.21 54.29
13.83 15.22 14.39 14.04 14.46 16.21 15.14 14.92 15.59 16.07 17.09 16.81 16.53
Operating Profit 32.51 31.26 31.66 32.36 32.98 32.75 33.87 34.23 35.63 36.14 37.07 36.40 37.76
OPM % 70.16% 67.25% 68.75% 69.74% 69.52% 66.89% 69.11% 69.64% 69.56% 69.22% 68.45% 68.41% 69.55%
0.00 0.00 0.01 0.00 0.00 0.02 0.11 0.00 0.00 0.00 0.00 0.02 0.01
Interest 27.81 27.57 26.97 27.45 27.12 27.56 27.14 28.24 28.97 28.84 29.67 29.43 30.58
Depreciation 1.21 1.22 1.29 1.33 1.36 1.38 1.40 1.45 1.47 1.47 1.49 1.52 1.49
Profit before tax 3.49 2.47 3.41 3.58 4.50 3.83 5.44 4.54 5.19 5.83 5.91 5.47 5.70
Tax % 26.07% 32.39% 24.05% 27.37% 26.89% 17.49% 36.58% 24.01% 27.75% 25.90% 29.10% 29.07% 37.37%
2.58 1.67 2.60 2.59 3.29 3.16 3.45 3.45 3.75 4.32 4.19 3.89 3.57
EPS in Rs 0.40 0.26 0.40 0.40 0.51 0.49 0.53 0.53 0.58 0.67 0.65 0.60 0.55
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
121 132 148 168 168 166 165 170 171 181 192 207 214
32 34 37 42 43 47 48 50 49 56 60 64 66
Operating Profit 90 98 111 126 125 119 117 120 122 126 132 143 147
OPM % 74% 74% 75% 75% 75% 72% 71% 70% 71% 69% 69% 69% 69%
7 6 3 -0 3 3 2 -0 0 0 0 0 0
Interest 73 79 90 103 103 100 99 101 105 108 109 116 119
Depreciation 3 2 2 3 3 3 4 5 4 5 5 6 6
Profit before tax 21 23 21 20 21 19 17 14 13 13 17 21 23
Tax % 34% 38% 26% 39% 21% 36% 29% 20% 26% 26% 28% 27%
14 14 16 13 17 12 12 11 9 10 12 16 16
EPS in Rs 2.80 2.83 3.17 2.51 3.35 2.39 2.39 1.73 1.43 1.47 1.93 2.43 2.47
Dividend Payout % 36% 35% 32% 40% 30% 42% 42% 35% 42% 41% 36% 33%
Compounded Sales Growth
10 Years: 5%
5 Years: 5%
3 Years: 6%
TTM: 8%
Compounded Profit Growth
10 Years: 2%
5 Years: 6%
3 Years: 19%
TTM: 16%
Stock Price CAGR
10 Years: 12%
5 Years: 31%
3 Years: 52%
1 Year: 29%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 6%
Last Year: 7%

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 50 50 50 50 50 50 50 65 65 65 65 65 65
Reserves 79 83 91 95 103 108 112 122 127 133 142 154 156
633 649 847 756 875 884 875 1,009 1,023 1,052 1,074 1,175 1,173
75 120 175 179 51 51 86 24 22 20 20 31 27
Total Liabilities 837 902 1,163 1,080 1,079 1,094 1,123 1,220 1,238 1,269 1,301 1,425 1,422
62 60 58 65 65 63 62 79 76 75 73 70 71
CWIP 2 0 0 1 0 1 2 0 1 0 0 1 0
Investments 11 14 24 23 26 27 30 27 27 25 13 14 18
761 828 1,080 990 988 1,003 1,030 1,114 1,134 1,170 1,214 1,340 1,332
Total Assets 837 902 1,163 1,080 1,079 1,094 1,123 1,220 1,238 1,269 1,301 1,425 1,422

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
-48 -23 66 -102 -25 92 15 -136 6 2 -2 -28
4 4 -4 -9 2 5 1 5 2 -7 20 -28
52 18 45 8 27 -90 -20 109 -6 5 -3 100
Net Cash Flow 8 -1 107 -104 4 6 -4 -22 3 1 16 45

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 11 2 3 3 3 3 4 5 4 3 4 3
Inventory Days
Days Payable
Cash Conversion Cycle 11 2 3 3 3 3 4 5 4 3 4 3
Working Capital Days 1,924 1,847 1,478 1,562 1,656 1,462 2,109 12 3 38 28 6
ROCE % 12% 13% 13% 13% 13% 11% 11% 10% 10% 10% 10% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02% 67.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.09% 0.00% 0.00% 0.00% 0.00%
32.98% 32.98% 32.98% 32.98% 32.98% 32.99% 32.89% 32.90% 32.98% 32.99% 32.99% 32.99%
No. of Shareholders 10,59910,42510,44710,3129,8399,7689,73010,1549,87210,53610,51110,393

* 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.

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