Easy Fincorp Ltd

Easy Fincorp Ltd

₹ 990 0.43%
08 Aug 2024
About

Incorporated in 1984, Easy Fincorp Ltd is
in the business of investment and other
financial services[1]

Key Points

Business Overview:[1][2][3]
EFL deals in financing, leasing and
hire-purchasing activities. Rainbow
Investments Limited is the holding
Company of EFL. In FY24, it is engaged
in investment activities and other financial services. Company invests its surplus fund
in fixed deposits & securities

  • Market Cap 24.3 Cr.
  • Current Price 990
  • High / Low 1,015 / 986
  • Stock P/E
  • Book Value 592
  • Dividend Yield 0.00 %
  • ROCE -0.37 %
  • ROE -1.23 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.11% over past five years.
  • Company has a low return on equity of -2.04% 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

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.03 0.04 0.03 0.04 0.03 0.03 0.03 0.05 0.03 0.05 0.03 0.04 0.03
Operating Profit -0.03 -0.04 -0.03 -0.04 -0.03 -0.03 -0.03 -0.05 -0.03 -0.05 -0.03 -0.04 -0.03
OPM %
0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.03 0.03 0.03 0.03 0.04
Depreciation 0.00 0.00 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 -0.01 -0.02 -0.01 -0.02 -0.01 -0.01 -0.01 -0.16 -0.04 -0.06 -0.04 -0.05 -0.05
Tax % 0.00% 0.00% 0.00% 450.00% 0.00% 0.00% 0.00% -18.75% -25.00% -16.67% -25.00% -20.00% -20.00%
-0.01 -0.02 -0.01 -0.11 -0.01 -0.01 -0.01 -0.12 -0.03 -0.05 -0.03 -0.04 -0.04
EPS in Rs -0.41 -0.82 -0.41 -4.49 -0.41 -0.41 -0.41 -4.90 -1.22 -2.04 -1.22 -1.63 -1.63
Raw PDF
Upcoming result date: 12 November 2024

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 TTM
0.10 0.11 0.10 0.09 0.09 0.07 0.13 0.12 0.11 0.08 0.08 0.10 0.00
0.02 0.03 0.03 0.09 0.13 0.12 0.13 0.14 0.13 0.14 0.14 0.16 0.15
Operating Profit 0.08 0.08 0.07 0.00 -0.04 -0.05 0.00 -0.02 -0.02 -0.06 -0.06 -0.06 -0.15
OPM % 80.00% 72.73% 70.00% 0.00% -44.44% -71.43% 0.00% -16.67% -18.18% -75.00% -75.00% -60.00%
0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.08
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.13 0.13
Depreciation 0.00 0.00 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 0.08 0.08 0.07 0.00 -0.04 -0.04 0.00 -0.02 -0.02 -0.06 -0.19 -0.19 -0.20
Tax % 25.00% 25.00% 28.57% 0.00% 0.00% 0.00% 0.00% 150.00% -15.79% -15.79%
0.06 0.06 0.04 0.00 -0.04 -0.04 0.00 -0.02 -0.02 -0.15 -0.16 -0.15 -0.16
EPS in Rs 2.45 2.45 1.63 0.00 -1.63 -1.63 0.00 -0.82 -0.82 -6.12 -6.53 -6.12 -6.52
Dividend Payout % 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: -1%
5 Years: -5%
3 Years: -3%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 53%
1 Year: 5%
Return on Equity
10 Years: %
5 Years: -2%
3 Years: -2%
Last Year: -1%

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 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25
Reserves -3.11 -3.05 -3.01 -3.01 1.86 1.83 1.96 1.42 2.47 3.77 9.65 14.26
4.76 4.75 4.75 4.76 0.00 0.00 0.00 0.00 0.00 4.75 4.07 4.21
0.01 0.02 0.03 0.01 6.16 6.14 6.19 6.05 6.38 2.01 4.65 6.02
Total Liabilities 1.91 1.97 2.02 2.01 8.27 8.22 8.40 7.72 9.10 10.78 18.62 24.74
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.10 0.10 6.40 6.40 6.57 5.90 7.28 9.15 17.07 23.24
1.91 1.97 1.92 1.91 1.87 1.82 1.83 1.82 1.82 1.63 1.55 1.50
Total Assets 1.91 1.97 2.02 2.01 8.27 8.22 8.40 7.72 9.10 10.78 18.62 24.74

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
-0.11 -0.09 -0.02 -0.10 -0.08 -0.04 -0.14 -0.09 -0.05 -0.18 -0.14 -0.16
0.10 0.00 -0.10 0.00 0.00 0.00 0.00 0.00 0.11 0.08 0.14 0.16
0.00 0.11 0.10 0.09 0.09 0.08 0.13 0.12 0.00 0.00 0.00 0.00
Net Cash Flow -0.01 0.02 -0.02 0.00 0.00 0.04 -0.02 0.03 0.06 -0.10 -0.01 0.00

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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days -36.50 -66.36 -73.00 365.00 7,462.22 9,177.14 4,997.69 5,262.08 132.73 0.00 -45.62 36.50
ROCE % 4.28% 4.16% 3.55% 0.00% -1.95% -1.91% 0.00% -1.03% -0.91% -1.04% -0.53% -0.37%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.57% 54.57% 54.57% 59.55% 59.55% 59.55% 63.96% 63.96% 63.96% 63.96% 63.96% 63.96%
12.24% 12.24% 12.24% 11.08% 11.08% 11.08% 11.08% 11.08% 11.08% 11.08% 11.08% 11.08%
33.19% 33.19% 33.19% 29.37% 29.37% 29.37% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96%
No. of Shareholders 121212232327262828282828

* 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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