Inventure Growth & Securities Ltd

Inventure Growth & Securities Ltd

₹ 2.05 -3.76%
21 Nov 3:28 p.m.
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 215 Cr.
  • Current Price 2.05
  • High / Low 3.77 / 2.02
  • Stock P/E 13.0
  • Book Value 2.62
  • Dividend Yield 0.00 %
  • ROCE 9.51 %
  • ROE 6.56 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.79 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
  • The company has delivered a poor sales growth of -8.35% over past five years.
  • Promoter holding is low: 26.4%
  • Company has a low return on equity of 5.98% over last 3 years.
  • Debtor days have increased from 48.0 to 61.0 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

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
10.35 13.24 10.45 8.82 13.28 12.93 12.07 9.91 15.58 16.02 21.81 18.26 15.09
6.42 8.59 8.97 5.57 11.65 10.64 6.16 8.52 13.96 8.77 10.65 8.56 16.88
Operating Profit 3.93 4.65 1.48 3.25 1.63 2.29 5.91 1.39 1.62 7.25 11.16 9.70 -1.79
OPM % 37.97% 35.12% 14.16% 36.85% 12.27% 17.71% 48.96% 14.03% 10.40% 45.26% 51.17% 53.12% -11.86%
0.98 1.52 2.37 0.52 0.62 0.53 0.50 0.66 1.01 -1.50 -0.60 0.19 0.99
Interest 0.17 0.34 0.34 0.41 0.42 0.58 0.49 0.41 0.52 0.77 0.59 0.72 1.24
Depreciation 0.16 0.17 0.19 0.21 0.21 0.20 0.19 0.18 0.17 0.18 0.19 0.10 0.11
Profit before tax 4.58 5.66 3.32 3.15 1.62 2.04 5.73 1.46 1.94 4.80 9.78 9.07 -2.15
Tax % 19.21% 27.03% 37.05% 29.21% 11.73% 29.41% 26.70% 50.00% 18.04% 44.58% 28.43% 29.00% -23.72%
3.70 4.13 2.09 2.23 1.43 1.44 4.20 0.73 1.59 2.66 7.00 6.43 -1.64
EPS in Rs 0.04 0.04 0.02 0.02 0.01 0.01 0.04 0.01 0.02 0.03 0.07 0.06 -0.02
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
35 20 34 16 31 312 95 31 40 47 39 61 71
19 17 20 17 21 303 98 28 21 30 24 38 45
Operating Profit 16 4 14 -1 10 9 -3 3 19 17 15 23 26
OPM % 46% 18% 41% -7% 32% 3% -3% 10% 48% 37% 39% 38% 37%
1 0 5 1 3 2 0 -0 -0 4 0 -2 -1
Interest 6 3 5 6 4 3 1 2 1 1 2 2 3
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 9 0 13 -7 8 7 -5 -0 18 19 13 18 22
Tax % 24% 540% 19% -26% 94% 31% -21% -167% 31% 27% 26% 33%
7 -0 10 -5 1 5 -4 0 12 14 9 12 14
EPS in Rs 0.07 -0.00 0.10 -0.05 0.00 0.04 -0.04 0.00 0.12 0.13 0.09 0.11 0.14
Dividend Payout % 0% 0% 0% 0% 0% 0% -57% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: -8%
3 Years: 15%
TTM: 41%
Compounded Profit Growth
10 Years: 21%
5 Years: 42%
3 Years: 4%
TTM: 107%
Stock Price CAGR
10 Years: 5%
5 Years: 11%
3 Years: -4%
1 Year: 2%
Return on Equity
10 Years: 3%
5 Years: 5%
3 Years: 6%
Last Year: 7%

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 84 84 84 84 84 84 84 84 84 84 84 84 105
Reserves 86 86 96 92 92 97 90 87 101 115 125 138 171
35 23 37 31 34 26 32 9 34 30 32 30 48
73 30 30 36 40 30 15 30 37 45 36 75 90
Total Liabilities 279 223 248 243 250 237 221 210 256 275 277 327 414
14 13 12 11 18 20 21 19 17 14 13 10 8
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 14 17 16 14 1 3 2 1 1 2 1 3 4
251 193 220 218 230 214 198 190 238 259 263 314 402
Total Assets 279 223 248 243 250 237 221 210 256 275 277 327 414

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
9 -14 7 2 7 1 -2 7 -4 25 -5 -17
27 14 -19 5 1 6 -9 27 3 -11 5 20
-23 -15 12 -8 1 -7 5 -28 7 -29 1 -5
Net Cash Flow 13 -15 0 -1 9 0 -6 7 6 -15 1 -2

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 948 1,022 481 971 469 28 14 70 53 47 36 61
Inventory Days 4 6
Days Payable 20 70
Cash Conversion Cycle 948 1,022 481 971 469 13 -49 70 53 47 36 61
Working Capital Days 922 1,903 1,173 2,293 1,235 120 2 -121 -181 -214 -224 -247
ROCE % 7% 1% 8% 0% 6% 5% -2% 1% 9% 9% 6% 10%

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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