Nahar Capital & Financial Services Ltd

Nahar Capital & Financial Services Ltd

₹ 319 2.18%
22 Jul - close price
About

Incorporated in 2006, Nahar Capital & Financial Services Ltd is in the business of investments and real estate[1]

Key Points

Business Overview:[1][2]
NCFSL is registered as a Systematically Important Non Deposit Taking Non Banking Financial Company.
a) It is in the business of investment in
shares, debentures, stock, bonds, and securities. Company is doing investment with long term perspective and trading business for short term opportunities
b) Company also undertakes Real Estate Business, viz:
It purchases and sell the residential and commercial land with trading perspective
only
Deal in real estate, development of land, construction of building for commercial and residential purpose
To do the business of proprietors of flats
and buildings and to let on lease the same
To use the services of Property Developers /Building contractors and/or enter into the agreements with them for its real estate
activities.
c) It is also in the lending business. Company usually lends against the security of shares, Government Bonds, gold, property, and other assets

  • Market Cap 535 Cr.
  • Current Price 319
  • High / Low 359 / 264
  • Stock P/E 13.9
  • Book Value 530
  • Dividend Yield 0.47 %
  • ROCE 5.34 %
  • ROE 4.42 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.60 times its book value
  • Company's working capital requirements have reduced from 52.5 days to 26.4 days

Cons

  • The company has delivered a poor sales growth of 2.30% over past five years.
  • Company has a low return on equity of 3.94% over last 3 years.
  • Earnings include an other income of Rs.27.9 Cr.
  • Dividend payout has been low at 10.7% of profits over last 3 years

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
5.50 4.62 14.48 13.36 4.29 5.31 15.00 6.21 5.32 5.87 12.10 3.93 6.27
2.02 2.43 1.45 1.80 2.11 1.87 1.71 1.92 2.51 1.79 2.59 1.92 2.17
Operating Profit 3.48 2.19 13.03 11.56 2.18 3.44 13.29 4.29 2.81 4.08 9.51 2.01 4.10
OPM % 63.27% 47.40% 89.99% 86.53% 50.82% 64.78% 88.60% 69.08% 52.82% 69.51% 78.60% 51.15% 65.39%
3.69 5.98 5.34 3.23 -1.42 -4.71 4.86 6.31 1.82 7.56 5.19 10.21 4.94
Interest 0.07 0.04 0.01 0.04 0.00 0.07 0.04 0.01 0.01 0.00 0.09 0.03 0.02
Depreciation 0.24 0.26 0.26 0.26 0.25 0.26 0.26 0.26 0.25 0.26 0.26 0.26 0.26
Profit before tax 6.86 7.87 18.10 14.49 0.51 -1.60 17.85 10.33 4.37 11.38 14.35 11.93 8.76
Tax % 31.34% 18.55% 25.30% 28.50% 70.59% -105.62% 0.00% 43.37% 7.55% 19.24% 14.70% 20.45% 14.61%
4.72 6.41 13.52 10.36 0.14 0.09 17.84 5.84 4.03 9.19 12.24 9.49 7.48
EPS in Rs 2.82 3.83 8.07 6.19 0.08 0.05 10.65 3.49 2.41 5.49 7.31 5.67 4.47
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
23 30 26 19 33 30 25 20 47 48 40 28
2 2 2 5 3 6 9 6 5 8 8 8
Operating Profit 21 27 23 14 30 24 16 14 41 41 32 20
OPM % 92% 92% 91% 73% 91% 80% 63% 70% 88% 84% 80% 70%
0 0 0 -0 0 0 0 0 1 2 1 28
Interest 0 0 0 0 0 0 0 1 0 0 0 0
Depreciation 0 0 0 0 0 0 0 1 1 1 1 1
Profit before tax 21 27 23 13 30 23 15 13 41 41 31 46
Tax % 18% 18% 18% 15% 16% 18% 21% -11% 28% 26% 10% 17%
17 22 19 11 25 19 12 15 30 30 28 38
EPS in Rs 10.32 13.13 11.53 6.66 15.11 11.45 7.05 8.74 17.72 18.17 16.61 22.93
Dividend Payout % 15% 11% 13% 22% 10% 13% 21% 6% 8% 16% 9% 7%
Compounded Sales Growth
10 Years: 0%
5 Years: 2%
3 Years: -16%
TTM: -29%
Compounded Profit Growth
10 Years: 6%
5 Years: 27%
3 Years: 9%
TTM: 38%
Stock Price CAGR
10 Years: 15%
5 Years: 37%
3 Years: 9%
1 Year: 7%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 4%
Last Year: 4%

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
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 455 474 490 498 523 754 748 627 702 796 843 879
9 0 0 15 15 24 5 4 6 2 0 4
8 9 9 7 8 10 10 9 15 13 9 15
Total Liabilities 480 491 507 528 555 796 772 649 731 818 860 907
0 8 8 7 17 20 38 41 56 55 54 53
CWIP 32 24 24 25 18 0 11 16 0 1 0 7
Investments 396 423 455 473 481 733 687 518 590 737 797 829
53 37 20 22 37 43 37 74 86 26 9 18
Total Assets 480 491 507 528 555 796 772 649 731 818 860 907

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
10 7 8 4 -16 10 29 138 -56 -76 -29 -15
-12 -12 -17 -1 20 -7 -25 -134 58 82 32 17
-3 5 8 -3 -3 -3 -3 -4 -1 -5 -3 -3
Net Cash Flow -4 0 -0 -0 1 -0 0 -0 1 1 -0 -1

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 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 693 325 150 285 298 1 365 485 186 100 31 26
ROCE % 5% 6% 5% 3% 6% 4% 2% 2% 6% 5% 4% 5%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
71.24% 71.42% 71.47% 71.54% 71.55% 71.55% 71.55% 71.55% 71.55% 71.55% 71.55% 71.65%
0.11% 0.15% 0.38% 0.49% 0.48% 0.46% 0.32% 0.31% 0.31% 0.31% 0.31% 0.34%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
28.63% 28.41% 28.13% 27.95% 27.95% 27.97% 28.13% 28.12% 28.13% 28.12% 28.12% 27.98%
No. of Shareholders 13,64312,30613,73614,63114,78714,34914,16313,96613,88113,44413,71113,023

* 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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