Inditrade Capital Ltd
Inditrade Capital Limited is a financial services company offering Microfinance, Agri-Commodity finance and MSME financing among other services. [1]
- Market Cap ₹ 38.3 Cr.
- Current Price ₹ 16.4
- High / Low ₹ 58.8 / 15.5
- Stock P/E 56.3
- Book Value ₹ 38.3
- Dividend Yield 0.00 %
- ROCE 5.89 %
- ROE 0.75 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.43 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -42.5%
- Promoter holding is low: 31.1%
- Company has a low return on equity of 0.49% over last 3 years.
- Contingent liabilities of Rs.179 Cr.
- Debtor days have increased from 70.5 to 116 days.
- Company's cost of borrowing seems high
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19.43 | 14.59 | 22.35 | 21.32 | 24.44 | 27.82 | 1.67 | 0.49 | 1.47 | 5.30 | 11.34 | 14.30 | |
18.55 | 13.32 | 14.40 | 17.66 | 23.07 | 25.49 | 3.02 | 1.46 | 0.52 | 2.81 | 1.02 | 4.43 | |
Operating Profit | 0.88 | 1.27 | 7.95 | 3.66 | 1.37 | 2.33 | -1.35 | -0.97 | 0.95 | 2.49 | 10.32 | 9.87 |
OPM % | 4.53% | 8.70% | 35.57% | 17.17% | 5.61% | 8.38% | -80.84% | -197.96% | 64.63% | 46.98% | 91.01% | 69.02% |
0.64 | 0.78 | 0.61 | 0.82 | 2.60 | 2.53 | 8.67 | 2.84 | 0.22 | 0.24 | 0.51 | 0.57 | |
Interest | 0.41 | 0.16 | 0.16 | 0.17 | 0.10 | 0.43 | 0.00 | 0.55 | 0.94 | 2.11 | 5.79 | 7.24 |
Depreciation | 4.14 | 2.81 | 0.77 | 0.66 | 0.64 | 0.61 | 0.00 | 0.06 | 0.08 | 1.51 | 2.93 | 2.40 |
Profit before tax | -3.03 | -0.92 | 7.63 | 3.65 | 3.23 | 3.82 | 7.32 | 1.26 | 0.15 | -0.89 | 2.11 | 0.80 |
Tax % | 0.00% | 0.00% | 1.05% | 13.97% | 8.67% | -1.57% | 0.00% | 37.30% | -20.00% | 47.19% | 6.64% | 16.25% |
-3.04 | -0.92 | 7.54 | 3.14 | 2.95 | 3.88 | 7.32 | 0.80 | 0.18 | -1.31 | 1.97 | 0.68 | |
EPS in Rs | -1.30 | -0.39 | 3.23 | 1.34 | 1.26 | 1.66 | 3.13 | 0.34 | 0.08 | -0.56 | 0.84 | 0.29 |
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: | 0% |
5 Years: | 54% |
3 Years: | 113% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | -31% |
3 Years: | 56% |
TTM: | -65% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | -14% |
3 Years: | -29% |
1 Year: | -41% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 1% |
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 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 | 23.29 |
Reserves | 46.65 | 45.74 | 53.01 | 56.15 | 59.10 | 62.98 | 67.82 | 66.18 | 67.82 | 67.28 | 68.67 | 66.05 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.44 | 7.84 | 37.09 | 58.30 | 33.25 | |
14.90 | 20.06 | 12.18 | 14.46 | 20.55 | 29.56 | 3.90 | 0.83 | 3.07 | 2.09 | 4.09 | 2.24 | |
Total Liabilities | 84.84 | 89.09 | 88.48 | 93.90 | 102.94 | 115.83 | 95.01 | 97.74 | 102.02 | 129.75 | 154.35 | 124.83 |
5.60 | 2.87 | 2.04 | 1.61 | 1.69 | 1.34 | 0.27 | 0.40 | 0.49 | 7.44 | 4.52 | 2.28 | |
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 | 36.69 | 48.61 | 50.69 | 39.63 | 48.18 | 54.21 | 74.13 | 85.07 | 89.07 | 89.22 | 88.57 | 88.57 |
42.55 | 37.61 | 35.75 | 52.66 | 53.07 | 60.28 | 20.61 | 12.27 | 12.46 | 33.09 | 61.26 | 33.98 | |
Total Assets | 84.84 | 89.09 | 88.48 | 93.90 | 102.94 | 115.83 | 95.01 | 97.74 | 102.02 | 129.75 | 154.35 | 124.83 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.25 | 1.55 | -3.95 | -4.33 | 5.08 | 13.13 | 10.14 | 5.90 | 3.53 | -0.84 | 2.11 | 2.94 | |
2.38 | 2.72 | 2.55 | 12.35 | -10.26 | -4.81 | -25.37 | -11.15 | -4.00 | -28.41 | -22.51 | 21.26 | |
-12.26 | -0.12 | -0.16 | -1.56 | 2.00 | -2.26 | 0.00 | 4.62 | 0.47 | 29.19 | 21.21 | -25.06 | |
Net Cash Flow | -3.63 | 4.15 | -1.57 | 6.46 | -3.18 | 6.06 | -15.23 | -0.64 | -0.01 | -0.06 | 0.81 | -0.85 |
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 | 146.15 | 321.22 | 227.66 | 158.19 | 69.74 | 178.17 | 0.00 | 0.00 | 0.00 | 0.00 | 24.78 | 116.14 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 146.15 | 321.22 | 227.66 | 158.19 | 69.74 | 178.17 | 0.00 | 0.00 | 0.00 | 0.00 | 24.78 | 116.14 |
Working Capital Days | -65.37 | -119.83 | 69.41 | 148.60 | 115.15 | -72.95 | 780.27 | 5,825.10 | 1,209.22 | 604.66 | 339.57 | 174.59 |
ROCE % | -3.27% | -1.21% | 10.67% | 4.88% | 4.07% | 5.03% | 4.86% | 1.70% | 1.11% | 1.08% | 5.69% | 5.89% |
Documents
Announcements
- Newspaper Advertisement - Notice Of The 30Th Annual General Meeting And Remote E-Voting Information. 2h
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 19 Jul
- Reg. 34 (1) Annual Report. 17 Jul
- Newspaper Advertisement - 30Th Annual General Meeting Of The Company Through Video Conferencing/Other Audio Visual Means ('VC/OAVM') Facility. 17 Jul
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Certificate under Reg.74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30-06-2024.
Annual reports
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Financial Year 2024
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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
from bse
Concalls
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020Transcript PPT
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Nov 2019Transcript PPT
Business Segments[1]
A) MSME Finance: The Co. offers business loans up to 50 lakhs, processed within 72 hours, and Credit underwriting through alternate means and has 652 Active borrowers. [2]
B) Micro Finance: Micro Business loans from 10,000 to 60,000 are offered to Joint Liability Groups. Active borrowers: ~172K.[3]
C) Scalerator Provides Customer offers through Third Parties on Business loans, Personal loans, Insurance, Health loans, and Gold loans.
D) Agri-commodity Finance: Loan against non-essential commodities up to 5 crores evaluated through exchange accredited warehouses. Cumulative disbursement: ~Rs. 1180 Cr.[4]
E) Boonbox: It deals in end-to-end rural E-commerce. Deals with rural customers with household income < 1 lakh p.a. Customer acquisition is through affiliates. The company provides product installation and 1st-level
customer support.