Quest Capital Markets Ltd

Quest Capital Markets Ltd

₹ 494 -4.84%
20 Dec - close price
About

BNK Capital Markets Ltd., setup in the year 1986, is an NBFC engaged in investment banking distribution services, Corporate finance and Advisory services. [1]It is a part of RP-Sanjiv Goenka Group.

Key Points

History
Quest Capital (formerly known as BNK Capital Markets Limited) was setup in 1986 and started as a leasing and finance company, later became a Category 1 Merchant Banker in the late 80s and was into Merchant Banking, Financial, and Investment Advisory Services. [1]

  • Market Cap 494 Cr.
  • Current Price 494
  • High / Low 574 / 295
  • Stock P/E 30.9
  • Book Value 483
  • Dividend Yield 0.51 %
  • ROCE 5.77 %
  • ROE 4.50 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.02 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 20.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 23.4%
  • Company's working capital requirements have reduced from 179 days to 60.5 days

Cons

  • Company has a low return on equity of 3.66% 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
5.32 2.13 1.75 7.91 4.37 1.81 2.29 10.07 5.55 13.18 6.33
1.44 0.85 0.92 1.03 4.26 1.75 1.14 1.90 4.34 8.06 5.34
Operating Profit 3.88 1.28 0.83 6.88 0.11 0.06 1.15 8.17 1.21 5.12 0.99
OPM % 72.93% 60.09% 47.43% 86.98% 2.52% 3.31% 50.22% 81.13% 21.80% 38.85% 15.64%
0.00 0.00 0.00 0.00 0.13 0.03 0.02 0.00 0.01 0.03 0.03
Interest 0.01 0.01 0.01 0.05 0.01 0.01 0.01 0.03 0.01 0.01 0.01
Depreciation 0.02 0.02 0.02 0.02 0.03 0.06 0.09 0.13 0.06 0.07 0.07
Profit before tax 3.85 1.25 0.80 6.81 0.20 0.02 1.07 8.01 1.15 5.07 0.94
Tax % 4.16% 19.20% 21.25% -7.93% 30.00% 750.00% 13.08% 2.12% 2.61% 10.65% 26.60%
3.52 0.98 0.27 7.34 -1.11 -1.05 0.93 7.74 1.42 4.83 1.55
EPS in Rs 3.53 0.97 0.28 7.34 -1.11 -1.05 0.93 7.72 1.42 4.83 1.55
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
4 454 132 10 4 7 9 15 13 17 19 46
1 450 129 7 3 2 2 3 9 4 9 25
Operating Profit 3 4 4 4 1 5 7 11 4 13 10 21
OPM % 65% 1% 3% 35% 27% 66% 81% 77% 29% 75% 51% 45%
0 -0 0 0 -0 0 0 0 0 0 0 0
Interest 0 0 0 1 1 0 1 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 2 4 3 3 0 4 6 11 3 13 9 20
Tax % 10% 11% 11% 12% 115% 12% 2% 14% 17% 0% 5% 27%
2 3 3 3 -0 4 6 9 3 12 7 16
EPS in Rs 2.03 3.16 2.84 2.68 0.02 3.60 6.29 9.42 3.31 12.42 6.51 15.99
Dividend Payout % 39% 25% 28% 19% 0% 14% 16% 16% 45% 16% 38% 16%
Compounded Sales Growth
10 Years: -20%
5 Years: 40%
3 Years: 54%
TTM: 147%
Compounded Profit Growth
10 Years: 17%
5 Years: 21%
3 Years: 69%
TTM: 150%
Stock Price CAGR
10 Years: 31%
5 Years: 46%
3 Years: 27%
1 Year: 25%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 4%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity Capital 8 8 10 10 10 10 10 10 10 10 10 10
Reserves 26 28 28 30 32 34 40 48 49 441 218 473
15 30 26 19 16 18 15 19 15 1 0 0
10 4 4 9 8 8 2 3 4 4 1 11
Total Liabilities 59 69 68 68 67 70 68 80 78 457 229 494
0 0 0 0 0 0 1 0 0 0 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 24 42 33 34 31 34 37 36 33 401 174 413
34 26 34 33 36 35 31 43 45 56 55 80
Total Assets 59 69 68 68 67 70 68 80 78 457 229 494

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-6 -6 -2 -4 -3 -3 0 -3 1 -5 -3
-5 5 6 -1 7 -2 -0 9 4 11 -0
6 0 0 5 -7 4 2 -4 -3 0 -1
Net Cash Flow -4 -1 4 0 -4 -0 2 2 2 7 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 0 1 0 4 3 0 1 13 49 7 6 2
Inventory Days 4 8 9 21 179 124
Days Payable 0 0 0 91 13 5
Cash Conversion Cycle 0 5 7 13 3 0 1 13 -21 7 172 121
Working Capital Days 2,086 18 69 687 2,323 926 807 708 774 250 228 60
ROCE % 5% 7% 5% 6% 2% 8% 11% 16% 5% 5% 3% 6%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
86.36% 86.36% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 1.00% 1.00% 1.00% 1.00% 1.00% 3.17% 3.17% 3.17% 3.17% 2.91%
13.64% 13.64% 24.00% 24.00% 24.00% 24.00% 24.01% 21.83% 21.83% 21.83% 21.83% 22.09%
No. of Shareholders 2,2582,5293,2632,9972,8792,7572,6082,4022,3002,3212,2882,249

* 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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