Inventure Growth & Securities Ltd

Inventure Growth & Securities Ltd

₹ 2.04 -3.77%
21 Nov - close price
About

Incorporated in 1995, Inventure Growth
& Securities Ltd in the business of providing
stockbroking and related service[1]

Key Points

Business Overview:[1][2]
IGSL is in the business of Broking of shares and other securities, Equity/Commodity Broking, Financing and other related activities. It operates through 224 business locations including branches, franchisees and sub-brokers located across India

  • Market Cap 213 Cr.
  • Current Price 2.04
  • High / Low 3.77 / 2.00
  • Stock P/E 27.6
  • Book Value 2.16
  • Dividend Yield 0.00 %
  • ROCE 7.67 %
  • ROE 4.72 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.94 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 26.4%
  • Company has a low return on equity of 3.98% over last 3 years.
  • Debtor days have increased from 61.0 to 78.1 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.

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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
7.67 9.76 7.53 7.02 12.92 11.24 6.65 7.19 31.46 13.59 14.40 12.95 12.68
6.39 7.88 6.45 5.09 11.12 10.17 5.96 6.22 27.64 8.57 10.83 8.14 11.12
Operating Profit 1.28 1.88 1.08 1.93 1.80 1.07 0.69 0.97 3.82 5.02 3.57 4.81 1.56
OPM % 16.69% 19.26% 14.34% 27.49% 13.93% 9.52% 10.38% 13.49% 12.14% 36.94% 24.79% 37.14% 12.30%
1.57 1.43 1.61 0.36 0.43 0.36 0.33 0.40 0.36 -1.69 -0.79 0.00 0.56
Interest 0.10 0.12 0.16 0.05 0.04 0.12 0.10 0.08 0.15 0.44 0.31 0.37 0.68
Depreciation 0.11 0.12 0.14 0.16 0.16 0.16 0.16 0.16 0.16 0.17 0.17 0.10 0.11
Profit before tax 2.64 3.07 2.39 2.08 2.03 1.15 0.76 1.13 3.87 2.72 2.30 4.34 1.33
Tax % 12.50% 24.43% 39.75% 31.73% 13.79% 52.17% 38.16% 35.40% 25.84% 45.59% 57.83% 33.18% 39.10%
2.31 2.32 1.44 1.42 1.75 0.55 0.47 0.73 2.87 1.48 0.97 2.90 0.82
EPS in Rs 0.02 0.02 0.01 0.01 0.02 0.01 0.00 0.01 0.03 0.01 0.01 0.03 0.01
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
20.79 10.85 17.87 4.22 20.06 299.13 85.26 21.60 31.22 38.84 29.12 47.63 53.62
14.53 11.41 15.07 13.79 15.24 297.87 90.66 15.44 19.72 27.77 22.55 33.02 38.66
Operating Profit 6.26 -0.56 2.80 -9.57 4.82 1.26 -5.40 6.16 11.50 11.07 6.57 14.61 14.96
OPM % 30.11% -5.16% 15.67% -226.78% 24.03% 0.42% -6.33% 28.52% 36.84% 28.50% 22.56% 30.67% 27.90%
0.58 3.46 4.59 1.61 2.49 2.02 0.37 0.12 0.17 0.15 0.41 -2.96 -1.92
Interest 3.10 2.04 2.09 3.35 1.27 0.89 0.47 1.20 0.16 0.59 0.31 0.97 1.80
Depreciation 0.98 0.85 1.19 0.93 0.83 0.65 0.62 0.42 0.37 0.45 0.64 0.66 0.55
Profit before tax 2.76 0.01 4.11 -12.24 5.21 1.74 -6.12 4.66 11.14 10.18 6.03 10.02 10.69
Tax % 27.90% 3,400.00% 30.66% -30.15% 35.89% 31.03% -17.81% 7.08% 31.06% 25.93% 30.35% 39.52%
1.99 -0.33 2.84 -8.54 3.34 1.19 -5.02 4.32 7.68 7.55 4.20 6.06 6.17
EPS in Rs 0.02 -0.00 0.03 -0.08 0.03 0.01 -0.05 0.04 0.07 0.07 0.04 0.06 0.06
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -41.83% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 16%
5 Years: -11%
3 Years: 15%
TTM: -5%
Compounded Profit Growth
10 Years: 51%
5 Years: 29%
3 Years: 2%
TTM: 67%
Stock Price CAGR
10 Years: 5%
5 Years: 10%
3 Years: -5%
1 Year: -1%
Return on Equity
10 Years: 2%
5 Years: 4%
3 Years: 4%
Last Year: 5%

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 84.00 84.00 84.00 84.00 84.00 84.00 84.00 84.00 84.00 84.00 84.00 84.00 105.00
Reserves 69.93 69.60 72.44 63.90 67.24 68.43 62.81 64.97 72.79 80.18 84.43 90.42 121.98
16.89 16.72 16.05 9.00 5.98 1.38 4.28 1.27 11.09 11.10 13.53 21.00 26.88
56.84 28.13 26.14 29.42 32.90 21.71 12.91 28.72 36.20 44.70 36.06 75.04 89.59
Total Liabilities 227.66 198.45 198.63 186.32 190.12 175.52 164.00 178.96 204.08 219.98 218.02 270.46 343.45
11.69 10.71 9.64 8.83 10.48 10.26 9.72 9.39 9.15 7.62 7.11 6.70 6.67
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 69.91 69.37 68.10 66.58 64.29 64.29 64.35 64.32 66.43 66.39 66.59 66.49 66.49
146.06 118.37 120.89 110.91 115.35 100.97 89.93 105.25 128.50 145.97 144.32 197.27 270.29
Total Assets 227.66 198.45 198.63 186.32 190.12 175.52 164.00 178.96 204.08 219.98 218.02 270.46 343.45

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
-0.31 -8.53 9.20 -2.54 18.47 1.31 -12.12 12.49 -25.67 -18.24 -1.19 -22.37
25.95 -4.03 -5.72 10.69 -6.02 6.11 -5.68 27.39 -1.96 -5.95 0.20 16.07
-12.39 -2.23 -2.76 -8.69 -4.28 -5.79 12.33 -33.67 32.26 10.86 1.44 4.30
Net Cash Flow 13.25 -14.79 0.72 -0.54 8.17 1.63 -5.47 6.20 4.62 -13.33 0.44 -2.00

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 1,139.77 1,701.54 865.42 3,603.29 701.25 28.14 15.80 97.16 68.74 56.48 48.51 78.09
Inventory Days 1.64 6.50
Days Payable 19.13 67.34
Cash Conversion Cycle 1,139.77 1,701.54 865.42 3,603.29 701.25 10.64 -45.05 97.16 68.74 56.48 48.51 78.09
Working Capital Days 279.15 1,485.90 435.06 1,275.77 285.67 18.14 -3.51 -250.43 -258.73 -271.31 -307.59 -339.71
ROCE % 3.38% 1.11% 2.20% -4.48% 4.13% 1.69% -3.71% 3.89% 7.10% 6.28% 3.55% 7.67%

Shareholding Pattern

Numbers in percentages

30 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
27.59% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40% 26.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14%
72.41% 73.60% 73.60% 73.60% 73.60% 73.60% 73.60% 73.60% 73.59% 73.60% 73.60% 73.46%
No. of Shareholders 1,09,7522,64,3842,56,0012,48,7162,40,8022,33,9462,28,9932,27,9692,27,5692,33,8452,68,3643,08,838

* 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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