Vax Housing Finance Corporation Ltd

Vax Housing Finance Corporation Ltd

₹ 3.11 4.71%
02 Dec - close price
About

Incorporated in 1994, Vax Housing Finance Corporation Ltd is engaged in providing financial services.

Key Points

Services Offered:[1][2]
Company currently provides financial Services and invests in various securities like shares, debentures, stocks, mutual funds, etc. Company has also made an investment in real estate and is in the process of acquiring Readymade House and Office properties like Flat, Buildings or Offices at main places and give on rental basis to gather revenue for meeting daily expenses of company. Apart from this, company has started business of trading division for dealing in textile, garments goods business also.

  • Market Cap 3.73 Cr.
  • Current Price 3.11
  • High / Low 3.15 / 1.76
  • Stock P/E
  • Book Value 35.6
  • Dividend Yield 0.00 %
  • ROCE 0.00 %
  • ROE 0.00 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.09 times its book value

Cons

  • The company has delivered a poor sales growth of 0.00% over past five years.
  • Company has a low return on equity of 0.00% over last 3 years.
  • Company has high debtors of 7,300 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

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
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
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Operating Profit -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01
OPM %
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Interest 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
Depreciation 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax % 100.00%
0.00 0.00 -0.01 0.00 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
EPS in Rs 0.00 0.00 -0.01 0.00 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
7.47 8.32 14.72 7.40 9.18 0.53 0.04 0.04 0.05 0.05 0.05 0.04 0.00
6.47 7.57 14.63 7.31 9.03 0.47 0.03 0.03 0.04 0.04 0.05 0.04 0.04
Operating Profit 1.00 0.75 0.09 0.09 0.15 0.06 0.01 0.01 0.01 0.01 0.00 0.00 -0.04
OPM % 13.39% 9.01% 0.61% 1.22% 1.63% 11.32% 25.00% 25.00% 20.00% 20.00% 0.00% 0.00%
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04
Interest 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
Depreciation 0.03 0.04 0.03 0.02 0.06 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00
Profit before tax 0.98 0.71 0.06 0.07 0.09 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax % 30.61% 29.58% 33.33% 28.57% 33.33% 0.00%
0.68 0.49 0.04 0.04 0.06 0.04 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
EPS in Rs 0.41 0.03 0.03 0.05 0.03 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -41%
5 Years: 0%
3 Years: -7%
TTM: -20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 100%
Stock Price CAGR
10 Years: -7%
5 Years: 11%
3 Years: 72%
1 Year: 52%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
Equity Capital 5.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00
Reserves 0.28 30.54 30.58 30.62 30.68 30.73 30.72 30.73 30.73 30.73 30.73 30.73 30.74
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.17 5.34 1.61 0.74 0.95 0.81 0.68 0.66 0.68 0.71 0.75 0.78 0.79
Total Liabilities 6.45 47.88 44.19 43.36 43.63 43.54 43.40 43.39 43.41 43.44 43.48 43.51 43.53
0.21 0.17 0.13 0.11 0.05 0.04 0.03 0.03 0.02 0.02 0.01 0.01 0.01
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 4.61 19.83 19.83 20.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83
1.63 27.88 24.23 22.42 42.75 42.67 42.54 42.53 42.56 42.59 42.64 42.67 42.69
Total Assets 6.45 47.88 44.19 43.36 43.63 43.54 43.40 43.39 43.41 43.44 43.48 43.51 43.53

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
1.70 -21.94 0.00 0.00 -0.03 -0.01 -0.01 0.00 0.00 0.00
-1.92 -14.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 36.78 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.22 -0.04 0.00 0.00 -0.03 -0.01 -0.01 0.00 0.00 0.00

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 54.73 626.91 325.08 745.29 128.82 550.94 7,300.00 7,300.00 6,059.00 5,840.00 5,840.00 7,300.00
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 54.73 626.91 325.08 745.29 128.82 550.94 7,300.00 7,300.00 6,059.00 5,840.00 5,840.00 7,300.00
Working Capital Days -2.44 399.66 287.14 713.23 116.90 661.13 9,125.00 9,307.50 12,337.00 11,899.00 5,621.00 7,026.25
ROCE % 2.97% 0.14% 0.16% 0.21% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Shareholding Pattern

Numbers in percentages

Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022
1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38%
98.62% 98.62% 98.62% 98.62% 98.62% 98.62% 98.62% 98.62% 98.62% 98.62% 98.63% 98.63%
No. of Shareholders 2,5472,5472,5472,3472,3472,3472,3472,3472,3472,3472,3472,347

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