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 ₹ 38.4 Cr.
- Current Price ₹ 16.4
- High / Low ₹ 58.8 / 15.5
- Stock P/E 19.5
- Book Value ₹ 50.6
- Dividend Yield 0.00 %
- ROCE 8.87 %
- ROE 1.66 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.33 times its book value
Cons
- 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 -2.11% over last 3 years.
- Contingent liabilities of Rs.227 Cr.
- Debtor days have increased from 62.0 to 114 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 30 | 40 | 48 | 48 | 75 | 76 | 132 | 178 | 200 | 175 | 167 | |
40 | 29 | 24 | 27 | 37 | 50 | 42 | 80 | 138 | 156 | 157 | 137 | |
Operating Profit | -0 | 1 | 16 | 21 | 10 | 24 | 34 | 53 | 41 | 44 | 18 | 31 |
OPM % | -1% | 4% | 40% | 43% | 21% | 32% | 45% | 40% | 23% | 22% | 10% | 18% |
1 | -1 | 1 | 2 | 3 | 1 | 9 | 5 | 4 | 1 | 4 | 10 | |
Interest | 0 | 0 | 0 | 1 | 1 | 9 | 22 | 35 | 29 | 33 | 36 | 28 |
Depreciation | 5 | 4 | 1 | 1 | 1 | 1 | 0 | 2 | 3 | 5 | 6 | 6 |
Profit before tax | -5 | -4 | 16 | 21 | 11 | 15 | 21 | 21 | 12 | 7 | -21 | 7 |
Tax % | 24% | 25% | 16% | 16% | 25% | 21% | 25% | 30% | 31% | 46% | -1% | 56% |
-6 | -5 | 13 | 17 | 8 | 12 | 16 | 14 | 9 | 4 | -20 | 3 | |
EPS in Rs | -2.81 | -2.43 | 4.42 | 4.59 | 2.36 | 3.66 | 4.92 | 4.00 | 2.54 | 2.18 | -5.96 | 0.84 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 17% |
3 Years: | -2% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -28% |
3 Years: | -31% |
TTM: | 114% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | -14% |
3 Years: | -29% |
1 Year: | -41% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | -2% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 54 | 48 | 58 | 69 | 75 | 87 | 98 | 104 | 111 | 117 | 96 | 95 |
0 | 0 | 0 | 0 | 48 | 130 | 210 | 207 | 257 | 385 | 256 | 150 | |
58 | 61 | 60 | 71 | 88 | 225 | 128 | 128 | 114 | 131 | 136 | 133 | |
Total Liabilities | 135 | 132 | 141 | 163 | 235 | 466 | 459 | 462 | 506 | 656 | 511 | 401 |
9 | 6 | 4 | 2 | 4 | 4 | 3 | 9 | 9 | 34 | 32 | 30 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 30 | 47 | 53 | 5 | 2 | 0 | 0 | 1 | 10 | 11 | 11 | 14 |
96 | 79 | 83 | 156 | 229 | 461 | 455 | 452 | 487 | 610 | 468 | 357 | |
Total Assets | 135 | 132 | 141 | 163 | 235 | 466 | 459 | 462 | 506 | 656 | 511 | 401 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | -1 | -3 | -46 | -49 | -75 | -71 | 33 | -36 | -81 | 104 | 91 | |
-17 | 5 | 6 | 53 | 12 | -19 | -4 | -3 | -12 | -19 | -3 | -7 | |
-6 | -0 | -0 | -0 | 48 | 96 | 57 | -7 | 49 | 128 | -129 | -105 | |
Net Cash Flow | -9 | 4 | 2 | 7 | 10 | 2 | -18 | 23 | 1 | 28 | -28 | -21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 74 | 166 | 130 | 96 | 247 | 248 | 109 | 8 | 11 | 16 | 56 | 114 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 74 | 166 | 130 | 96 | 247 | 248 | 109 | 8 | 11 | 16 | 56 | 114 |
Working Capital Days | 207 | 199 | 226 | 506 | 918 | 903 | 393 | 48 | 145 | 57 | 174 | 153 |
ROCE % | -4% | -1% | 14% | 17% | 7% | 10% | 12% | 14% | 10% | 8% | 3% | 9% |
Documents
Announcements
- 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.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
1 Jul - Communication from BSE Limited intimating imposition of fine
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
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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.