Minda Finance Ltd

Minda Finance Ltd

₹ 16.4 1.87%
19 Feb 2018
About

Minda Finance is engaged in the business of Lease, Finance and Investments.

  • Market Cap 200 Cr.
  • Current Price 16.4
  • High / Low /
  • Stock P/E
  • Book Value 209
  • Dividend Yield 0.00 %
  • ROCE 5.56 %
  • ROE -2.73 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.08 times its book value

Cons

  • The company has delivered a poor sales growth of 1.24% over past five years.
  • Company has a low return on equity of -0.73% over last 3 years.
  • Earnings include an other income of Rs.2.30 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
0.53 0.81 0.40 0.69 0.42 0.71 0.47 0.56 0.48 1.58
0.10 0.07 0.12 0.07 0.10 0.12 0.12 0.11 0.09 0.07
Operating Profit 0.43 0.74 0.28 0.62 0.32 0.59 0.35 0.45 0.39 1.51
OPM % 81.13% 91.36% 70.00% 89.86% 76.19% 83.10% 74.47% 80.36% 81.25% 95.57%
0.78 0.04 -0.02 0.01 0.02 0.04 -0.03 2.33 0.00 0.00
Interest 0.34 0.87 0.24 0.36 0.35 0.74 0.46 0.42 0.45 0.30
Depreciation 0.00 0.00 0.00 2.37 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.87 -0.09 0.02 -2.10 -0.01 -0.11 -0.14 2.36 -0.06 1.21
Tax % 20.69% 0.00% 150.00% 2.86% 0.00% 0.00% 0.00% 0.42% 50.00% 9.92%
0.54 -0.49 0.19 -2.47 -0.82 -0.89 -1.13 -3.44 -0.41 1.47
EPS in Rs 2.70 -2.45 0.95 -10.15 -3.35 -4.45 -4.65 -14.15 -1.70 6.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1.31 2.21 2.07 2.76 4.51 3.19 2.35 3.09
0.22 0.46 0.40 0.42 1.33 2.80 0.47 0.39
Operating Profit 1.09 1.75 1.67 2.34 3.18 0.39 1.88 2.70
OPM % 83.21% 79.19% 80.68% 84.78% 70.51% 12.23% 80.00% 87.38%
0.02 0.00 -0.45 0.00 0.00 0.04 2.02 2.30
Interest 0.17 0.87 0.45 0.35 1.09 2.05 1.96 1.63
Depreciation 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.94 0.87 0.77 1.99 2.09 -1.62 1.94 3.37
Tax % 26.60% 32.18% 57.14% 34.17% 22.97% 13.58% 0.52%
0.69 0.61 0.33 0.87 2.37 -2.61 -1.29 -3.51
EPS in Rs 3.45 3.05 1.65 4.35 11.85 -10.95 -8.45 -14.45
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 1%
3 Years: -5%
TTM: 39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 0%
3 Years: -1%
Last Year: -3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity Capital 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Reserves 27.34 27.95 28.26 42.14 43.36 40.09 38.81
31.76 30.89 41.97 46.33 50.92 36.74 24.97
0.14 0.16 0.11 0.90 3.06 24.34 22.75
Total Liabilities 61.24 61.00 72.34 91.37 99.34 103.17 88.53
0.01 0.00 0.00 0.00 0.01 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 39.72 43.19 46.62 49.07 48.45 47.40 50.06
21.51 17.81 25.72 42.30 50.88 55.77 38.47
Total Assets 61.24 61.00 72.34 91.37 99.34 103.17 88.53

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-7.99 1.82 0.00 -4.04 -6.96 -15.82 14.95
-3.19 -3.32 0.00 2.73 1.65 1.08 -5.71
14.96 -1.73 0.00 15.25 2.35 6.25 -11.77
Net Cash Flow 3.78 -3.22 0.00 13.94 -2.96 -8.49 -2.53

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 0.00 14.86 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 14.86 0.00 0.00 0.00 0.00 0.00
Working Capital Days 579.54 82.58 1.76 277.72 107.64 -2,652.26 -3,126.57
ROCE % 2.85% 2.51% 2.86% 3.38% 0.49% 5.56%

Shareholding Pattern

Numbers in percentages

Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020
55.46% 60.33% 60.33% 60.33% 60.33% 65.23% 70.12% 70.12% 70.12% 70.12% 70.12% 70.12%
44.54% 39.67% 39.67% 39.67% 39.67% 34.77% 29.88% 29.88% 29.88% 29.88% 29.88% 29.88%
No. of Shareholders 747473737273727272727272

Documents