Keynote Financial Services Ltd

Keynote Financial Services Ltd

₹ 176 4.02%
01 Jul 3:42 p.m.
About

Incorporated in 1993, Keynote Financial Services Ltd is in the business of Investment banking, Corporate advisory, ESOP advisory, etc.[1]

Key Points

Business Overview:[1]
Company is a Category 1 Merchant Banker and a full service Investment Bank and Brokerage house offering financial services

  • Market Cap 123 Cr.
  • Current Price 176
  • High / Low 220 / 90.2
  • Stock P/E 11.2
  • Book Value 102
  • Dividend Yield 0.55 %
  • ROCE 21.8 %
  • ROE 16.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 35.3% CAGR over last 5 years

Cons

  • Company has a low return on equity of 8.04% over last 3 years.
  • Debtor days have increased from 65.8 to 97.1 days.

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2.35 2.24 2.95 1.54 0.59 -0.08 2.66 2.90 0.44 4.80 3.48 7.13 9.27
1.07 1.30 1.40 1.28 1.34 1.61 1.42 1.50 1.44 1.46 1.40 1.59 6.47
Operating Profit 1.28 0.94 1.55 0.26 -0.75 -1.69 1.24 1.40 -1.00 3.34 2.08 5.54 2.80
OPM % 54.47% 41.96% 52.54% 16.88% -127.12% 46.62% 48.28% -227.27% 69.58% 59.77% 77.70% 30.20%
0.38 0.36 0.47 0.31 0.77 0.26 0.16 0.35 0.24 0.15 0.17 0.39 0.35
Interest 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.08 0.07 0.07 0.07 0.07 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Profit before tax 1.54 1.23 1.95 0.50 -0.05 -1.48 1.35 1.70 -0.81 3.44 2.20 5.88 3.10
Tax % -3.25% -53.66% 24.10% 34.00% 20.00% 45.95% -2.96% 2.94% -114.81% 25.58% 26.36% 24.66% 22.58%
1.60 1.89 1.48 0.33 -0.04 -0.80 1.40 1.65 -1.74 2.56 1.62 4.44 2.39
EPS in Rs 2.28 2.69 2.11 0.47 -0.06 -1.14 1.99 2.35 -2.48 3.65 2.31 6.33 3.41
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
10 9 6 10 8 10 8 5 11 9 7 25
6 6 4 5 5 5 6 6 4 5 6 11
Operating Profit 5 3 1 5 3 5 2 -0 7 4 1 14
OPM % 45% 34% 21% 51% 36% 47% 26% -8% 62% 41% 10% 56%
0 0 0 0 0 -0 1 0 0 0 0 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 5 3 1 5 2 4 2 -0 7 4 1 15
Tax % 24% 28% 34% 28% 20% 27% -5% 80% 32% -1% 32% 25%
3 2 1 3 2 3 2 -0 5 4 1 11
EPS in Rs 4.89 2.94 0.74 4.96 2.69 4.60 3.46 -0.13 6.58 5.21 0.73 15.69
Dividend Payout % 31% 34% 135% 20% 37% 54% 29% -780% 15% 19% 138% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 26%
3 Years: 31%
TTM: 263%
Compounded Profit Growth
10 Years: 18%
5 Years: 35%
3 Years: 34%
TTM: 2059%
Stock Price CAGR
10 Years: 16%
5 Years: 38%
3 Years: 33%
1 Year: 75%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 8%
Last Year: 16%

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
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 39 40 40 43 45 47 49 48 52 55 55 65
0 0 0 0 0 0 0 0 0 0 0 0
3 3 3 2 3 3 2 2 3 4 4 10
Total Liabilities 50 51 50 52 55 57 58 57 62 66 66 82
11 11 10 10 9 9 9 8 8 8 8 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 7
Investments 20 23 28 38 31 45 43 33 38 53 49 65
19 17 12 5 14 3 7 15 17 6 10 10
Total Assets 50 51 50 52 55 57 58 57 62 66 66 82

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
11 -2 -5 8 -8 12 -1 -1 6 -1 -4 8
3 -2 -3 -7 9 -12 6 10 -16 2 5 -8
-1 -1 -1 -1 -1 -1 -2 -1 -1 -1 -1 -1
Net Cash Flow 13 -5 -9 0 1 -0 3 8 -11 1 -0 -0

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 12 19 105 37 45 9 27 49 25 55 45 97
Inventory Days
Days Payable
Cash Conversion Cycle 12 19 105 37 45 9 27 49 25 55 45 97
Working Capital Days 46 179 552 83 501 14 -7 38 -17 -10 -12 22
ROCE % 10% 6% 2% 10% 5% 9% 4% -1% 12% 6% 1%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.88% 57.88% 57.88% 57.88% 56.43% 56.42% 56.42% 56.42% 56.42% 56.42% 56.42% 56.42%
7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35% 7.35%
34.77% 34.77% 34.77% 34.77% 36.22% 36.22% 36.22% 36.22% 36.22% 36.23% 36.22% 36.22%
No. of Shareholders 2,6922,8633,5953,8753,7873,7393,6533,5803,5723,7603,8814,060

* 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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