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 3,013 Cr.
  • Current Price 108
  • High / Low 159 / 54.9
  • Stock P/E 16.0
  • Book Value 32.1
  • Dividend Yield 1.39 %
  • ROCE 18.8 %
  • ROE 18.6 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 36.4%

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

Consolidated Figures in Rs. Crores / View Standalone

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
127 130 123 102 112 114 111 110 144 152 208 181 218
67 70 69 65 72 77 78 78 87 94 127 105 124
Operating Profit 60 60 54 37 40 38 33 32 57 58 81 76 94
OPM % 48% 46% 44% 36% 36% 33% 30% 29% 39% 38% 39% 42% 43%
0 0 1 0 0 2 6 6 2 2 0 0 0
Interest 1 2 2 2 1 2 3 2 3 5 7 9 11
Depreciation 6 6 6 7 7 7 8 7 7 7 8 7 8
Profit before tax 53 52 46 29 31 30 29 29 48 48 66 60 76
Tax % 26% 25% 24% 26% 27% 21% 1% 28% 25% 24% 25% 25% 26%
40 40 36 22 24 25 30 22 37 38 52 46 57
EPS in Rs 1.42 1.39 1.25 0.76 0.83 0.87 1.02 0.75 1.30 1.32 1.81 1.60 2.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
254 230 321 269 301 363 308 306 426 500 447 623 760
179 153 196 196 200 238 221 204 235 269 292 386 451
Operating Profit 75 78 125 73 102 125 87 101 191 231 155 237 309
OPM % 30% 34% 39% 27% 34% 34% 28% 33% 45% 46% 35% 38% 41%
51 -119 5 3 4 5 -6 -4 1 1 1 1 2
Interest 3 2 1 1 1 1 2 3 3 5 8 17 32
Depreciation 13 11 10 13 14 14 21 25 23 25 29 29 30
Profit before tax 110 -55 120 62 91 115 58 70 165 202 119 192 250
Tax % 20% 40% 31% 29% 33% 33% 48% 27% 25% 26% 19% 25%
87 -78 82 44 61 78 28 51 127 154 101 149 193
EPS in Rs 3.07 -2.75 2.87 1.37 2.04 2.64 0.83 1.69 4.43 5.40 3.48 5.19 6.74
Dividend Payout % 28% -3% 52% 62% 53% 65% 103% 76% 68% 48% 37% 25%
Compounded Sales Growth
10 Years: 10%
5 Years: 15%
3 Years: 14%
TTM: 59%
Compounded Profit Growth
10 Years: 38%
5 Years: 40%
3 Years: 6%
TTM: 71%
Stock Price CAGR
10 Years: 12%
5 Years: 32%
3 Years: 18%
1 Year: 72%
Return on Equity
10 Years: 15%
5 Years: 18%
3 Years: 18%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 446 412 445 467 489 534 505 480 568 673 699 808 873
76 15 5 0 6 0 22 23 36 79 114 398 498
183 273 249 216 300 294 356 381 539 639 484 791 807
Total Liabilities 729 723 722 707 818 852 907 909 1,168 1,416 1,321 2,020 2,202
58 89 95 97 60 60 90 83 73 85 99 112 116
CWIP 3 0 0 0 0 0 0 0 0 0 5 4 0
Investments 107 115 105 78 165 186 87 105 13 12 11 14 14
561 519 521 531 593 607 731 721 1,081 1,319 1,207 1,890 2,072
Total Assets 729 723 722 707 818 852 907 909 1,168 1,416 1,321 2,020 2,202

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-82 38 46 48 112 59 -24 137 -120 83 38 -124
11 -32 16 -28 -75 -9 99 -30 89 -15 -16 -15
34 -71 -8 -75 6 -37 -64 -82 -31 -26 -61 210
Net Cash Flow -36 -66 54 -55 44 13 11 24 -63 42 -39 71

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 108 180 142 147 177 138 155 91 96 92 81 67
Inventory Days
Days Payable
Cash Conversion Cycle 108 180 142 147 177 138 155 91 96 92 81 67
Working Capital Days 261 -7 -18 42 -9 -40 40 -162 -221 -255 -179 -250
ROCE % 13% 12% 24% 12% 17% 20% 11% 13% 26% 27% 14% 19%

Shareholding Pattern

Numbers in percentages

15 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.

Documents

Concalls