Karnavati Finance Ltd
₹ 2.28
-1.72%
22 Nov
- close price
About
Karnavati Finance Limited, incorporated in 1984, is a financial service company in India offering end-to-end lending, financing and wealth management solutions to a diversified range of customers across the country. [1]
Key Points
- Market Cap ₹ 22.9 Cr.
- Current Price ₹ 2.28
- High / Low ₹ 4.08 / 1.92
- Stock P/E
- Book Value ₹ 1.11
- Dividend Yield 0.00 %
- ROCE 0.00 %
- ROE -13.1 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.08% over last 3 years.
* 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
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.37 | 0.48 | 0.44 | 0.95 | 2.02 | 3.24 | 2.76 | 1.22 | 2.40 | 2.85 | 3.04 | 2.19 | |
| 0.92 | 0.26 | 0.81 | 0.17 | 0.24 | 0.56 | 0.66 | 2.35 | 0.95 | 2.04 | 1.76 | 3.04 | 3.38 | |
| Operating Profit | -0.77 | 0.11 | -0.33 | 0.27 | 0.71 | 1.46 | 2.58 | 0.41 | 0.27 | 0.36 | 1.09 | -0.00 | -1.19 |
| OPM % | -513.33% | 29.73% | -68.75% | 61.36% | 74.74% | 72.28% | 79.63% | 14.86% | 22.13% | 15.00% | 38.25% | -0.00% | -54.34% |
| -0.00 | -0.00 | -0.00 | 0.18 | 0.28 | 0.07 | -0.00 | -0.00 | -0.00 | 0.08 | -0.00 | -0.00 | 0.00 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.68 | 1.58 | 0.26 | 0.05 | 0.03 | 0.34 | 1.59 | 1.43 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | 0.00 |
| Profit before tax | -0.78 | 0.10 | -0.35 | 0.43 | 0.96 | 0.83 | 0.99 | 0.14 | 0.21 | 0.40 | 0.74 | -1.57 | -2.62 |
| Tax % | 1.28% | 50.00% | 8.57% | 16.28% | 22.92% | 25.30% | 27.27% | 21.43% | 42.86% | 25.00% | 25.68% | 5.73% | |
| -0.79 | 0.04 | -0.38 | 0.37 | 0.75 | 0.62 | 0.72 | 0.11 | 0.12 | 0.30 | 0.56 | -1.67 | -2.64 | |
| EPS in Rs | -0.21 | 0.01 | -0.05 | 0.04 | 0.09 | 0.06 | 0.07 | 0.01 | 0.01 | 0.03 | 0.06 | -0.17 | -0.27 |
| 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: | 23% |
| 5 Years: | -1% |
| 3 Years: | 36% |
| TTM: | -37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -3200% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 3% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -1% |
| 3 Years: | -2% |
| Last Year: | -13% |
Balance Sheet
Figures in Rs. Crores
| 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 | 3.78 | 3.78 | 8.36 | 8.36 | 8.36 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 |
| Reserves | -0.71 | -0.67 | -1.05 | -0.68 | 0.07 | 1.71 | 2.43 | 2.54 | 2.66 | 2.96 | 3.53 | 1.86 | 1.12 |
| 0.03 | 0.03 | 0.27 | 0.02 | -0.00 | 14.52 | 16.03 | 11.30 | 5.44 | 1.21 | 12.72 | 15.55 | 11.67 | |
| 0.16 | 0.24 | 0.29 | 0.31 | 0.42 | 0.67 | 0.81 | 0.53 | 0.77 | 0.25 | 1.05 | 1.27 | 1.18 | |
| Total Liabilities | 3.26 | 3.38 | 7.87 | 8.01 | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 24.02 |
| 0.04 | 0.13 | 0.11 | 0.10 | 0.08 | 0.06 | 0.05 | 0.04 | 0.03 | 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 | -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 |
| 3.22 | 3.25 | 7.76 | 7.91 | 8.77 | 26.89 | 29.27 | 24.38 | 18.89 | 14.45 | 27.34 | 28.72 | 24.01 | |
| Total Assets | 3.26 | 3.38 | 7.87 | 8.01 | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 24.02 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.25 | 0.29 | -4.65 | -0.07 | 0.35 | -16.56 | 0.08 | 4.86 | 5.71 | 4.25 | -9.44 | -2.79 | |
| -0.00 | -0.10 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| 0.04 | -0.04 | 4.82 | -0.25 | -0.03 | 16.55 | -0.08 | -5.00 | -5.91 | -4.25 | 11.03 | 1.25 | |
| Net Cash Flow | -0.21 | 0.15 | 0.17 | -0.32 | 0.32 | -0.01 | 0.01 | -0.14 | -0.20 | -0.00 | 1.58 | -1.55 |
Ratios
Figures in Rs. Crores
| 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 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 2.99 | 3.04 | -0.00 | -0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 2.99 | 3.04 | -0.00 | -0.00 |
| Working Capital Days | 7,105.33 | 2,693.11 | 5,330.52 | 6,155.23 | 3,023.74 | 4,645.62 | -70.97 | -64.80 | -206.43 | -12.17 | -96.05 | -121.27 |
| ROCE % | -22.35% | 3.21% | -6.53% | 5.63% | 12.03% | 8.70% | 9.38% | 1.53% | 1.24% | 2.66% | 5.33% | -0.00% |
Documents
Announcements
- Results - Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024 13 Nov
-
Board Meeting Outcome for For Approval Of Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024.
13 Nov - Approved unaudited financial results for Q2 FY2024.
-
Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter Ended On September 30, 2024
5 Nov - Board meeting to consider Q2 financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 23 Oct
-
Closure of Trading Window
30 Sep - Closure of trading window for insiders until results announcement.
History
Karnavati Finance Limited was originally incorporated as “Karnavati Finance And Leasing Ltd” in Mumbai in Dec-1984. The name of the company was changed to “Karnavati Finance Ltd” in Dec-1989. In the year 2001-2002, the company was taken over by present promoter Mr Raman Morzaria founder of Morzaria group (Vraj Group) from former promoter group namely Mr Rajnikant Worah and his associates. [1]