Asit C Mehta Financial Services ltd
Incorporated in 1984, Asit C. Mehta Financial Services Ltd is in the business of providing advisory and consultancy services on Fund mobilization and restructuring of Companies
and renting vacant properties.[1]
- Market Cap ₹ 114 Cr.
- Current Price ₹ 138
- High / Low ₹ 216 / 127
- Stock P/E
- Book Value ₹ 73.4
- Dividend Yield 0.00 %
- ROCE 1.70 %
- ROE -12.1 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 272 days to 146 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.8% over past five years.
- Company has a low return on equity of -14.8% over last 3 years.
- Earnings include an other income of Rs.1.56 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.97 | 2.56 | 3.72 | 3.39 | 6.52 | 6.50 | 10.70 | 6.10 | 9.68 | 4.11 | 5.27 | 5.38 | 4.52 | |
0.46 | 1.67 | 1.28 | 1.67 | 1.50 | 1.47 | 1.91 | 1.51 | 1.22 | 1.34 | 2.50 | 2.37 | 2.33 | |
Operating Profit | 1.51 | 0.89 | 2.44 | 1.72 | 5.02 | 5.03 | 8.79 | 4.59 | 8.46 | 2.77 | 2.77 | 3.01 | 2.19 |
OPM % | 76.65% | 34.77% | 65.59% | 50.74% | 76.99% | 77.38% | 82.15% | 75.25% | 87.40% | 67.40% | 52.56% | 55.95% | 48.45% |
0.00 | 0.00 | 0.04 | 0.00 | 0.11 | 0.01 | 0.22 | 0.28 | 0.01 | 0.10 | 0.03 | 0.09 | 1.56 | |
Interest | 1.99 | 2.27 | 2.60 | 3.69 | 3.86 | 4.25 | 4.01 | 4.00 | 3.73 | 5.91 | 8.13 | 6.94 | 5.73 |
Depreciation | 0.22 | 0.21 | 0.46 | 0.45 | 1.36 | 1.37 | 1.37 | 1.37 | 1.37 | 1.29 | 1.19 | 1.17 | 1.19 |
Profit before tax | -0.70 | -1.59 | -0.58 | -2.42 | -0.09 | -0.58 | 3.63 | -0.50 | 3.37 | -4.33 | -6.52 | -5.01 | -3.17 |
Tax % | -10.00% | -4.40% | -25.86% | -5.79% | 100.00% | 3.45% | 15.70% | -2.00% | 17.51% | 1.62% | -13.96% | 0.40% | |
-0.64 | -1.53 | -0.42 | -2.29 | -0.18 | -0.59 | 3.06 | -0.49 | 2.79 | -4.39 | -5.60 | -5.02 | -3.17 | |
EPS in Rs | -0.78 | -1.87 | -0.51 | -2.79 | -0.22 | -0.72 | 3.73 | -0.60 | 3.40 | -5.35 | -6.83 | -6.09 | -3.84 |
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: | 8% |
5 Years: | -13% |
3 Years: | -18% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 29% |
3 Years: | -11% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -7% |
3 Years: | -15% |
Last Year: | -12% |
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 | 4.95 | 4.95 | 4.95 | 4.95 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.85 | 4.95 | 8.25 | 8.25 |
Reserves | 41.23 | 39.09 | 37.91 | 34.89 | 35.18 | 34.56 | 37.62 | 37.13 | 39.92 | 22.21 | 16.48 | 53.37 | 52.30 |
15.75 | 15.40 | 15.96 | 30.67 | 42.27 | 42.95 | 41.22 | 37.95 | 43.70 | 76.84 | 85.69 | 57.88 | 72.56 | |
3.34 | 15.82 | 15.82 | 13.43 | 1.35 | 0.82 | 1.06 | 1.19 | 1.59 | 3.11 | 2.06 | 1.20 | 1.24 | |
Total Liabilities | 65.27 | 75.26 | 74.64 | 83.94 | 83.63 | 83.16 | 84.73 | 81.10 | 90.04 | 107.01 | 109.18 | 120.70 | 134.35 |
45.39 | 57.29 | 56.07 | 65.54 | 64.40 | 63.07 | 61.70 | 60.33 | 52.38 | 47.42 | 46.19 | 45.56 | 44.96 | |
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 | 15.47 | 15.47 | 15.47 | 15.47 | 15.60 | 15.68 | 15.72 | 15.72 | 23.72 | 52.70 | 52.71 | 67.75 | 74.27 |
4.41 | 2.50 | 3.10 | 2.93 | 3.63 | 4.41 | 7.31 | 5.05 | 13.94 | 6.89 | 10.28 | 7.39 | 15.12 | |
Total Assets | 65.27 | 75.26 | 74.64 | 83.94 | 83.63 | 83.16 | 84.73 | 81.10 | 90.04 | 107.01 | 109.18 | 120.70 | 134.35 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.67 | 13.15 | 0.20 | -1.88 | -3.06 | 4.18 | 5.56 | 9.13 | 1.67 | -1.44 | 2.18 | -0.31 | |
0.11 | -12.65 | 0.11 | -10.58 | -0.16 | -0.70 | 1.47 | -1.58 | -3.89 | -23.20 | -4.10 | -10.22 | |
2.64 | -0.49 | -0.32 | 12.52 | 3.20 | -3.68 | -6.87 | -7.57 | 2.06 | 25.07 | 1.57 | 10.56 | |
Net Cash Flow | 0.08 | 0.01 | -0.01 | 0.07 | -0.03 | -0.20 | 0.17 | -0.03 | -0.16 | 0.43 | -0.34 | 0.04 |
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 | 0.00 | 76.99 | 61.81 | 43.07 | 25.19 | 24.15 | 171.93 | 17.95 | 11.69 | 33.75 | 8.31 | 2.71 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 76.99 | 61.81 | 43.07 | 25.19 | 24.15 | 171.93 | 17.95 | 11.69 | 33.75 | 8.31 | 2.71 |
Working Capital Days | 333.50 | -1,585.47 | -549.46 | -1,437.39 | -108.60 | -40.43 | 51.51 | -105.91 | 364.25 | 226.46 | 443.96 | 145.86 |
ROCE % | 2.06% | 1.12% | 3.35% | 1.96% | 4.93% | 4.46% | 9.20% | 4.28% | 8.43% | 1.64% | 1.53% | 1.70% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Nov - Clippings of Newspaper publication of Financial Results of the Company for the quarter and half year ended September 30, 2024.
-
Statement Of Variation And Deviation In Terms Of Utilization Of Rights Issue.
30 Oct - Statement of utilization of proceeds from Rights Issue.
-
Resignation Of Chairman & Whole-Time Director Of Subsidiary Company Of The Company
29 Oct - Resignation of Mr. Asit C. Mehta as Chairman.
-
Announcement under Regulation 30 (LODR)-Resignation of Chairman
29 Oct - Resignation of Mr. Asit C. Mehta as Chairman and Director.
- Result For The Quarter And Half Year Ended September 30, 2024. 29 Oct
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company offers financial products, services, and solutions to Indian investors and provides advisory services in the field of corporate finance to various SMEs. The company also provides furnished office space on lease to Business users in its building Nucleus House in Mumbai