V B Desai Financial Services Ltd
Incorporated in 1985, V. B. Desai Financial Services Ltd Company is engaged in Merchant Banking activities focusing on ESOP valuation, company valuation, consultancy and advisory services, etc.
- Market Cap ₹ 8.17 Cr.
- Current Price ₹ 18.0
- High / Low ₹ 20.9 / 8.70
- Stock P/E 17.8
- Book Value ₹ 25.4
- Dividend Yield 0.00 %
- ROCE 5.51 %
- ROE 4.18 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.71 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.34% over past five years.
- Company has a low return on equity of 3.49% 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.49 | 1.05 | 1.26 | 1.39 | 1.14 | 1.33 | 2.19 | 2.59 | 2.14 | 2.81 | 2.77 | 3.12 | 3.08 | |
0.70 | 1.02 | 0.87 | 1.03 | 0.99 | 1.21 | 1.64 | 1.85 | 1.84 | 2.32 | 2.32 | 2.68 | 2.65 | |
Operating Profit | 0.79 | 0.03 | 0.39 | 0.36 | 0.15 | 0.12 | 0.55 | 0.74 | 0.30 | 0.49 | 0.45 | 0.44 | 0.43 |
OPM % | 53.02% | 2.86% | 30.95% | 25.90% | 13.16% | 9.02% | 25.11% | 28.57% | 14.02% | 17.44% | 16.25% | 14.10% | 13.96% |
0.02 | 0.00 | 0.00 | 0.01 | 0.02 | 0.13 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.18 | 0.18 | |
Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.02 | 0.02 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
Profit before tax | 0.78 | 0.01 | 0.35 | 0.34 | 0.13 | 0.22 | 0.52 | 0.72 | 0.31 | 0.48 | 0.44 | 0.62 | 0.61 |
Tax % | -74.36% | -500.00% | -8.57% | 20.59% | -7.69% | 63.64% | 11.54% | 16.67% | 38.71% | 27.08% | 29.55% | 24.19% | |
1.35 | 0.06 | 0.37 | 0.27 | 0.14 | 0.08 | 0.45 | 0.59 | 0.19 | 0.36 | 0.31 | 0.47 | 0.46 | |
EPS in Rs | 2.98 | 0.13 | 0.82 | 0.60 | 0.31 | 0.18 | 0.99 | 1.30 | 0.42 | 0.80 | 0.68 | 1.04 | 1.02 |
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: | 12% |
5 Years: | 7% |
3 Years: | 13% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 1% |
3 Years: | 35% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 20% |
3 Years: | 44% |
1 Year: | 77% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 4% |
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 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 |
Reserves | 3.79 | 3.85 | 4.22 | 4.49 | 4.61 | 4.66 | 5.03 | 5.62 | 5.81 | 6.17 | 6.48 | 6.95 |
0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.92 | 0.58 | 0.23 | 0.23 | 0.40 | 0.46 | 0.59 | 0.53 | 0.51 | 0.59 | 0.56 | 0.70 | |
Total Liabilities | 9.25 | 8.97 | 8.99 | 9.33 | 9.55 | 9.66 | 10.16 | 10.69 | 10.86 | 11.30 | 11.58 | 12.19 |
0.20 | 0.20 | 0.16 | 0.13 | 0.10 | 0.07 | 0.05 | 0.02 | 0.01 | 0.01 | 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 | 4.77 | 2.35 | 3.29 | 3.31 | 3.44 | 5.44 | 7.92 | 8.22 | 8.21 | 8.54 | 8.67 | 8.67 |
4.28 | 6.42 | 5.54 | 5.89 | 6.01 | 4.15 | 2.19 | 2.45 | 2.64 | 2.75 | 2.91 | 3.52 | |
Total Assets | 9.25 | 8.97 | 8.99 | 9.33 | 9.55 | 9.66 | 10.16 | 10.69 | 10.86 | 11.30 | 11.58 | 12.19 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.26 | -2.33 | 0.62 | 0.25 | -0.13 | 1.77 | 2.35 | -0.07 | -0.02 | 0.44 | -0.13 | 0.32 | |
-0.02 | 2.40 | -0.89 | -0.02 | -0.01 | -1.99 | -2.29 | 0.05 | 0.00 | -0.32 | 0.00 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.07 | -0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.24 | 0.07 | -0.28 | 0.30 | -0.23 | -0.22 | 0.06 | -0.01 | -0.02 | 0.11 | -0.13 | 0.32 |
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 | 12.25 | 1,407.86 | 17.38 | 26.26 | 35.22 | 32.93 | 26.67 | 25.37 | 23.88 | 35.07 | 50.07 | 50.30 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 12.25 | 1,407.86 | 17.38 | 26.26 | 35.22 | 32.93 | 26.67 | 25.37 | 23.88 | 35.07 | 50.07 | 50.30 |
Working Capital Days | 744.70 | 1,870.19 | 107.18 | 73.53 | 60.83 | 21.95 | 8.33 | 63.42 | 76.75 | 12.99 | 31.62 | 22.23 |
ROCE % | 10.33% | 0.12% | 4.08% | 3.81% | 1.53% | 2.40% | 5.54% | 7.30% | 3.02% | 4.56% | 4.05% | 5.51% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
1d - July 2024 re-appointed Mr. Nilesh R Doshi, Non-Executive Independent Director for further five years and Mr. Sagar Yadav, Non-Executive Independent Director for five years, subject …
- Un-Audited Financial Results For The Quarter Ended On 30Th June 2024 1d
- Board Meeting Outcome for Outcome Of Board Meeting Held On 25Th July 2024 1d
- Board Meeting Intimation for Board Meeting On 25Th July 2024 To Consider And Approve Un-Audited Financial Results For The Quarter Ended On 30Th June 2024. 12 Jul
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jul - In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, submitting the certificate dated July 01, 2024 received from Purva Sharegistry (I) Pvt. Ltd. …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Registration:[1]
Company is a capital market intermediary registered with Securities and Exchange Board of India (SEBI) as a Category I Merchant Banker and licensed to carry out Merchant Banking activities.