Karnavati Finance Ltd
₹ 2.16
1.89%
24 Apr
- close price
About
Incorporated in 1984, Karnavati Finance Ltd provides finance of personal loan, business
loan, auto loan, education loan and mortgage loans[1]
Key Points
- Market Cap ₹ 21.7 Cr.
- Current Price ₹ 2.16
- High / Low ₹ 4.08 / 1.65
- 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 | 2.21 | |
| 0.92 | 0.26 | 0.81 | 0.17 | 0.24 | 0.56 | 0.66 | 2.35 | 0.95 | 2.04 | 1.76 | 3.04 | 1.80 | |
| 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 | 0.41 |
| 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% | 18.55% |
| 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 | 1.29 |
| 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 | -0.88 |
| 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 | -0.98 | |
| 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 | -0.11 |
| 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: | -30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -6% |
| 3 Years: | -1% |
| 1 Year: | -4% |
| 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
-
Closure of Trading Window
31 Mar - Closure of trading window for insiders.
-
Integrated Filing (Financial)
14 Feb - Integrated filing of financials for Q3 2024.
-
Submission Of Un-Audited Financial Results For The Quarter And Nine Months Ended On December 31, 2024
13 Feb - Approved unaudited financial results for Q4 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting For Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended On December 31, 2024
13 Feb - Approved unaudited financial results for Q4 2024.
-
Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011
8 Feb - Disclosure under Regulation 29(1) & 29(2) of SEBI (SAST) Regulations, 2011 for Beeline Consultancy Services Pvt Ltd & Beeline Capital Advisors Pvt Ltd
Business Overview:[1][2]
KFL is a Non-Systematically Important Non-Deposit Taking NBFC, offering lending, financing, and wealth management solutions. Its services include personal and business loans, gold loans, LAP, microfinance, corporate finance, mortgages, project loans, structured finance, capital market lending, digital lending, and debt syndication.
Product Profile:
a) Personal Loan:[3]
The company offers unsecured loans which doesn’t require any security, mainly to Individuals and small businesses including proprietorship firms & MSMEs, etc
b) Business Loan:[4]
KFL provides finance for requirements of businessmen, Micro, Small, and Medium Enterprises (MSME,) and entrepreneurs
c) Loan Against Property:[5]
This loan is provided to individuals and business enterprises against their property which requires property to be mortgaged in favor of KaFL for security purposes. The tenure of the loan is generally for 3 to 5 year
d) Gold Loan:[6]
Company also offers loans against gold, gold jewelry, etc.
e) Digital Lending:[7]
It provides loans through its digital interface
f) Micro Finance[8]