Geojit Financial Services Ltd

Geojit Financial Services Ltd

₹ 108 -4.26%
21 Nov - close price
About

Geojit Financial Services Limited offers a complete spectrum of financial services including online broking, financial products distribution, portfolio management services, margin funding, etc. [1]

Key Points

Services Offered
Broking: The Co offers State-of-the-art trading and investment platforms powered with the latest web technology. Other offerings include margin funding, model portfolios, equity research services, etc.
Advisory: Financial advisory and investor awareness programs are offered through a team of Certified Financial Planners.
Financial Products Distribution: The Co distributes various financial products like insurance products, loan products, etc. [1]

  • Market Cap 3,009 Cr.
  • Current Price 108
  • High / Low 159 / 54.9
  • Stock P/E 17.2
  • Book Value 26.5
  • Dividend Yield 1.39 %
  • ROCE 22.5 %
  • ROE 21.2 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 39.0%

Cons

  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -7.52%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
125 124 117 96 111 107 105 106 137 145 200 172 211
65 68 67 63 70 73 76 75 85 92 125 102 121
Operating Profit 59 56 50 34 42 34 29 31 52 54 75 70 90
OPM % 48% 45% 43% 35% 37% 32% 28% 29% 38% 37% 37% 40% 43%
0 0 1 0 0 2 6 6 2 2 1 0 0
Interest 1 1 2 2 1 2 3 2 3 4 7 8 10
Depreciation 6 6 6 7 7 7 7 7 7 7 7 7 7
Profit before tax 53 49 43 26 33 27 25 28 44 44 62 55 73
Tax % 24% 25% 25% 26% 24% 21% 4% 26% 25% 24% 25% 26% 25%
40 36 32 19 25 22 24 21 33 33 46 41 55
EPS in Rs 1.43 1.30 1.14 0.68 0.91 0.77 0.85 0.76 1.19 1.20 1.65 1.47 1.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
225 188 285 233 264 329 284 286 405 481 427 598 729
165 135 179 170 180 220 213 198 229 263 281 377 440
Operating Profit 61 52 106 64 84 109 71 88 176 218 146 221 289
OPM % 27% 28% 37% 27% 32% 33% 25% 31% 44% 45% 34% 37% 40%
7 -104 4 3 -7 5 -6 -9 1 2 1 1 3
Interest 1 1 1 1 1 0 2 3 3 5 8 16 29
Depreciation 11 10 8 11 12 12 20 24 22 24 28 28 28
Profit before tax 56 -62 101 55 64 101 43 52 152 191 111 179 234
Tax % 25% 25% 33% 35% 40% 33% 43% 28% 25% 25% 19% 25%
42 -77 68 36 38 67 25 38 114 143 90 134 175
EPS in Rs 1.58 -2.91 2.50 1.30 1.39 2.43 0.88 1.36 4.10 5.13 3.21 4.80 6.28
Dividend Payout % 54% -3% 60% 66% 77% 70% 97% 95% 73% 50% 40% 27%
Compounded Sales Growth
10 Years: 12%
5 Years: 16%
3 Years: 14%
TTM: 60%
Compounded Profit Growth
10 Years: 43%
5 Years: 36%
3 Years: 6%
TTM: 76%
Stock Price CAGR
10 Years: 12%
5 Years: 32%
3 Years: 18%
1 Year: 72%
Return on Equity
10 Years: 17%
5 Years: 21%
3 Years: 21%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 23 23 23 23 24 24 24 24 24 24 24 24 24
Reserves 373 293 317 332 372 412 384 350 441 539 557 655 715
0 15 25 0 0 0 21 23 36 77 112 359 443
134 232 201 162 241 232 294 315 469 565 406 708 720
Total Liabilities 529 563 566 518 636 668 722 711 971 1,205 1,099 1,745 1,901
54 51 56 58 55 55 86 81 72 81 96 109 112
CWIP 3 0 0 0 0 0 0 0 0 0 5 3 0
Investments 141 38 38 38 100 115 45 62 11 16 18 18 33
332 473 472 421 480 498 591 569 887 1,108 981 1,614 1,756
Total Assets 529 563 566 518 636 668 722 711 971 1,205 1,099 1,745 1,901

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
51 -22 41 51 99 37 30 138 -80 76 40 -89
-11 -48 4 -7 -60 3 47 -33 48 -10 -18 -13
-38 7 13 -94 1 -27 -63 -82 -31 -26 -60 173
Net Cash Flow 2 -63 58 -50 39 13 13 24 -63 40 -38 71

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 106 202 147 150 185 138 164 92 97 94 83 68
Inventory Days
Days Payable
Cash Conversion Cycle 106 202 147 150 185 138 164 92 97 94 83 68
Working Capital Days -16 -28 -38 22 -41 -63 37 -177 -238 -268 -190 -263
ROCE % 15% 13% 29% 15% 20% 24% 12% 16% 34% 34% 18% 22%

Shareholding Pattern

Numbers in percentages

14 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.05% 60.64% 58.97% 56.22% 54.68% 54.62% 54.61% 54.61% 54.59% 54.59% 54.59% 54.59%
1.95% 2.10% 1.99% 2.08% 1.88% 1.72% 1.59% 1.68% 2.59% 2.41% 3.37% 3.77%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.05%
36.00% 37.26% 39.04% 41.70% 43.45% 43.67% 43.81% 43.72% 42.82% 43.01% 42.02% 41.60%
No. of Shareholders 69,69174,33879,32387,82190,96391,76590,16387,05587,02185,75181,02589,954

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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