First Financial Services Ltd

First Financial Services Ltd

₹ 21.4 -4.89%
29 Dec 2014
About

First Financial Services carry on business of an Issue house, and to liaison with Promoters and Merchant bankers on issue of shares, debentures, bonds, or other securities of companies, bodies corporate. First Financial Serivces provide Investment / Merchant banking services by acting Financial Advisors, Intermediaries in Merger and Acquisitions, Technical Consultants and System Analysts to carry on the business of underwriters, advisors, consultants to issue of shares, debentures, bonds, fixed deposits and other securities and of syndication of loan, project finance Working capital facilities, deferred payment facilities and syndication of lease and hire purchase facilities.

  • Market Cap Cr.
  • Current Price 21.4
  • High / Low /
  • Stock P/E
  • Book Value 1.42
  • Dividend Yield 0.00 %
  • ROCE -17.4 %
  • ROE -19.9 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 15.1 times its book value
  • The company has delivered a poor sales growth of -22.9% over past five years.
  • Company has a low return on equity of -15.0% 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

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
0.00 0.25 0.00 0.00 0.00 0.00 0.00 0.00 1.50 0.00 0.00 0.00 0.00
-0.20 4.02 2.26 1.11 0.28 0.79 0.59 0.85 2.57 0.22 -0.30 0.11 -0.14
Operating Profit 0.20 -3.77 -2.26 -1.11 -0.28 -0.79 -0.59 -0.85 -1.07 -0.22 0.30 -0.11 0.14
OPM % -1,508.00% -71.33%
0.10 0.07 0.06 0.07 0.27 0.19 0.11 0.11 0.11 0.15 0.14 0.14 0.14
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00
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 0.30 -3.70 -2.20 -1.04 -0.01 -0.60 -0.48 -0.75 -0.96 -0.07 0.44 0.03 0.28
Tax % 0.00% 9.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 385.71% 0.00% 0.00% 0.00%
0.30 -4.06 -2.20 -1.04 -0.01 -0.60 -0.48 -0.76 -0.96 -0.34 0.44 0.03 0.28
EPS in Rs 0.04 -0.50 -0.27 -0.13 -0.00 -0.07 -0.06 -0.09 -0.12 -0.04 0.05 0.00 0.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Aug 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
0.00 0.01 0.69 2.93 3.82 1.01 7.22 0.34 1.50 4.90 0.56 1.97 0.00
0.00 0.00 0.47 2.42 3.14 0.99 7.24 0.84 -3.55 5.16 4.42 4.22 -0.11
Operating Profit 0.00 0.01 0.22 0.51 0.68 0.02 -0.02 -0.50 5.05 -0.26 -3.86 -2.25 0.11
OPM % 100.00% 31.88% 17.41% 17.80% 1.98% -0.28% -147.06% 336.67% -5.31% -689.29% -114.21%
0.00 0.00 0.65 0.01 0.01 0.08 0.00 0.00 0.00 0.02 0.02 0.00 0.57
Interest 0.00 0.00 0.01 0.12 0.00 0.01 0.01 0.25 0.21 0.02 0.01 0.02 0.00
Depreciation 0.23 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 -0.23 0.01 0.86 0.40 0.69 0.09 -0.03 -0.75 4.84 -0.26 -3.85 -2.27 0.68
Tax % 0.00% 0.00% 0.00% 20.00% 30.43% 22.22% 100.00% 0.00% 28.93% 134.62% 0.00% 11.89%
-0.23 0.01 0.86 0.32 0.48 0.07 -0.06 -0.75 3.44 -0.62 -3.85 -2.54 0.41
EPS in Rs 0.05 0.06 0.01 -0.01 -0.09 0.43 -0.08 -0.48 -0.31 0.04
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 33.62% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 70%
5 Years: -23%
3 Years: 10%
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 115%
Stock Price CAGR
10 Years: 1%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: -2%
5 Years: -5%
3 Years: -15%
Last Year: -20%

Balance Sheet

Figures in Rs. Crores

Aug 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 3.75 3.75 3.75 5.82 8.07 8.07 8.07 8.07 8.07 8.07 8.07 8.07 8.07
Reserves -3.46 -3.45 -2.60 10.60 9.09 9.16 9.10 8.35 10.41 9.79 5.94 3.40 3.87
0.61 0.35 1.01 0.88 0.14 0.00 0.06 0.13 0.11 0.04 0.18 0.18 0.00
0.23 0.00 1.76 0.10 0.58 0.01 1.28 1.15 0.96 1.26 1.57 1.53 1.53
Total Liabilities 1.13 0.65 3.92 17.40 17.88 17.24 18.51 17.70 19.55 19.16 15.76 13.18 13.47
0.71 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 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13.57 12.91 7.25 3.82 4.12
0.42 0.65 3.92 17.40 17.88 17.24 18.51 17.70 5.98 6.25 8.51 9.36 9.35
Total Assets 1.13 0.65 3.92 17.40 17.88 17.24 18.51 17.70 19.55 19.16 15.76 13.18 13.47

Cash Flows

Figures in Rs. Crores

Aug 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.00 -0.45 -0.56 -14.25 0.26 -0.17 -0.57 -0.36 -0.01 0.30 1.69 0.45
0.00 0.71 0.00 0.03 0.00 0.00 0.61 0.34 0.21 0.33 0.34 -2.96
0.00 -0.26 0.67 14.16 -0.10 0.26 0.06 -0.18 -0.21 -0.01 -0.01 -0.02
Net Cash Flow 0.00 0.00 0.11 -0.06 0.16 0.09 0.10 -0.20 -0.01 0.62 2.02 -2.53

Ratios

Figures in Rs. Crores

Aug 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 18,250.00 52.90 28.65 14.33 18.07 0.00 0.00 0.00 0.00 6.52 0.00
Inventory Days 2,939.73 1,532.33 1,070.92 3,990.67 581.69 0.00 0.00 0.00
Days Payable 1,736.22 0.00 21.55 0.00 65.22
Cash Conversion Cycle 18,250.00 1,256.41 1,560.98 1,063.71 4,008.74 516.47 0.00 0.00 0.00 6.52 0.00
Working Capital Days 18,250.00 1,084.42 2,148.89 1,633.90 3,299.46 496.44 10,917.79 36.50 -1.49 -221.61 -9.26
ROCE % -22.55% 1.12% 61.92% 5.34% 3.99% 0.58% -0.12% -2.96% 28.74% -1.32% -23.93% -17.41%

Shareholding Pattern

Numbers in percentages

Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.08% 0.08% 0.00% 0.00%
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.92% 99.92% 100.00% 100.00%
No. of Shareholders 5,5405,5385,5385,5145,4935,4925,4895,4895,4895,4895,4835,483

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