SSPN Finance Ltd

SSPN Finance Ltd

₹ 8.56 4.39%
12 Nov - close price
About

Incorporated in 2012, SSPN Finance Ltd provides Loans to individuals and companies

Key Points

Services Offered:[1]
Company is a Consultants for Capital Issues, Advisors to Capital Issues, Investment Consultants, Consultants and Management Advisors to Corporate Bodies, Individuals and Promoters in commercial, industrial management and policy matters and to make project evaluation, feasibility studies, project report, and surveys and to give expert advice and suggest ways and means for improving efficiency in business organization and concerns and industries of all kinds and to act as advisors/consultants to issue of shares, stocks, bonds, debentures, commercial paper or other securities of bodies corporate or industrial undertaking and shares ,stocks, bonds, debentures, commercial paper
or other securities issued to any government
or semi‐ government authority or public authority of government undertaking or stocks, bonds, debentures or of securities

  • Market Cap 375 Cr.
  • Current Price 8.56
  • High / Low 9.10 / 5.25
  • Stock P/E 37,523
  • Book Value 11.6
  • Dividend Yield 0.00 %
  • ROCE 1.98 %
  • ROE 0.46 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.74 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.47% over past five years.
  • Company has a low return on equity of 0.54% over last 3 years.
  • Company has high debtors of 803 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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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
0.22 0.19 0.18 0.21 0.17 0.19 0.22 0.14 0.12 0.09 0.26 0.14
0.11 0.06 0.15 0.08 0.22 0.17 0.17 0.12 0.15 0.08 0.16 0.09
Operating Profit 0.11 0.13 0.03 0.13 -0.05 0.02 0.05 0.02 -0.03 0.01 0.10 0.05
OPM % 50.00% 68.42% 16.67% 61.90% -29.41% 10.53% 22.73% 14.29% -25.00% 11.11% 38.46% 35.71%
-0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00
Interest 0.04 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.05
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.06 0.11 0.04 0.13 -0.05 0.02 0.05 0.02 -0.02 0.01 0.01 0.00
Tax % 50.00% 27.27% 25.00% 15.38% 0.00% 50.00% 20.00% 50.00% 0.00% 0.00% 0.00%
0.04 0.08 0.03 0.11 -0.05 0.02 0.04 0.01 -0.02 0.01 0.01 0.00
EPS in Rs 0.11 0.21 0.08 0.29 -0.13 0.05 0.11 0.03 -0.05 0.03 0.03 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 15m Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.48 0.22 0.46 0.42 0.46 0.47 0.44 0.38 0.37 0.41 0.26 0.35 0.40
0.44 0.13 0.37 0.26 0.33 0.30 0.24 0.22 0.29 0.31 0.18 0.24 0.25
Operating Profit 0.04 0.09 0.09 0.16 0.13 0.17 0.20 0.16 0.08 0.10 0.08 0.11 0.15
OPM % 8.33% 40.91% 19.57% 38.10% 28.26% 36.17% 45.45% 42.11% 21.62% 24.39% 30.77% 31.43% 37.50%
0.00 0.00 0.00 0.00 0.00 0.00 -0.01 0.01 0.00 0.00 0.01 0.00 0.00
Interest 0.00 0.05 0.02 0.00 0.00 0.00 0.07 0.02 0.00 0.03 0.09 0.09 0.14
Depreciation 0.02 0.02 0.06 0.02 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.02 0.02 0.01 0.14 0.11 0.15 0.12 0.15 0.08 0.07 0.00 0.02 0.01
Tax % 50.00% 50.00% 100.00% 35.71% 27.27% 26.67% 33.33% 26.67% 25.00% 28.57% 0.00%
0.01 0.02 0.01 0.09 0.08 0.12 0.08 0.11 0.06 0.05 0.00 0.02 0.01
EPS in Rs 1.00 0.09 0.03 0.24 0.21 0.32 0.21 0.29 0.16 0.13 0.00 0.05 0.03
Dividend Payout % 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: 5%
5 Years: -4%
3 Years: -2%
TTM: 90%
Compounded Profit Growth
10 Years: 0%
5 Years: -26%
3 Years: -31%
TTM: 200%
Stock Price CAGR
10 Years: %
5 Years: -29%
3 Years: 0%
1 Year: 33%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 1%
Last Year: 0%

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 Sep 2024
Equity Capital 0.05 1.14 1.89 1.89 1.89 1.89 1.89 3.79 3.79 3.79 3.79 3.79
Reserves 0.01 1.13 1.89 1.98 2.06 2.16 2.24 0.46 0.52 0.58 0.58 0.59
0.00 1.29 0.67 1.39 0.08 0.64 0.63 0.03 0.03 1.00 1.18 1.17
1.12 0.04 0.05 0.36 0.58 0.19 0.18 0.74 0.75 0.83 0.77 0.71
Total Liabilities 1.18 3.60 4.50 5.62 4.61 4.88 4.94 5.02 5.09 6.20 6.32 6.26
0.02 0.07 0.03 0.02 0.02 0.02 0.01 0.01 0.01 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
Investments 0.00 0.00 0.24 0.24 0.04 0.04 0.48 0.48 0.48 0.48 0.48 0.48
1.16 3.53 4.23 5.36 4.55 4.82 4.45 4.53 4.60 5.71 5.83 5.77
Total Assets 1.18 3.60 4.50 5.62 4.61 4.88 4.94 5.02 5.09 6.20 6.32 6.26

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
0.90 -3.15 -1.91 -0.78 0.77 -0.23 0.37 0.58 0.18 -0.26 0.08 -0.03
0.06 0.15 -0.24 0.00 0.00 0.00 -0.44 0.00 0.00 0.00 0.00 0.00
0.05 3.43 0.95 0.84 -1.05 0.42 -0.01 -0.61 0.00 0.00 0.00 0.00
Net Cash Flow 1.01 0.43 -1.20 0.07 -0.28 0.19 -0.08 -0.03 0.18 -0.26 0.08 -0.03

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 33.18 0.00 0.00 0.00 155.32 0.00 797.24 463.65 614.27 1,080.96
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 33.18 0.00 0.00 0.00 155.32 0.00 797.24 463.65 614.27 1,080.96
Working Capital Days -15.21 3,301.59 -31.74 -269.40 -293.59 23.30 -107.84 3,534.74 3,511.89 4,326.59 6,977.12
ROCE % 3.87% 0.75% 2.88% 2.37% 3.44% 4.23% 3.76% 1.86% 2.06% 1.65%

Shareholding Pattern

Numbers in percentages

11 Recently
Sep 2019Dec 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
17.17% 42.83% 39.88% 39.88% 28.26% 24.24% 24.24% 17.90% 9.14% 6.60% 6.60% 0.00%
82.83% 57.17% 60.12% 60.12% 71.74% 75.76% 75.76% 82.09% 90.86% 93.39% 93.42% 100.01%
No. of Shareholders 607995109134165189199192187200199

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