Banas Finance Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 26, 2025, 2:00 pm

Market Cap	79.0 Cr.
Current Price	8.82
High / Low	12.0/6.40
Stock P/E
Book Value	19.0
Dividend Yield	0.00 %
ROCE	22.6 %
ROE	16.0 %
Face Value	10.0
PEG Ratio	0.00

Quick Insight

Banas Finance Ltd's current share price of ₹8.91 reflects a market capitalization of ₹79.8 crore, but its financial metrics suggest significant concerns. The company's price-to-earnings (P/E) ratio remains unspecified, which, combined with a negative net profit of ₹26 crore, raises red flags for potential investors. With a return on equity (ROE) of 16% and return on capital employed (ROCE) at 22.6%, the firm demonstrates some operational efficiency; however, the alarming operating profit margin (OPM) of -496.74% indicates severe profitability issues. The company’s borrowings stand at a mere ₹1 crore, but the interest coverage ratio (ICR) of -961.49x highlights an inability to meet financial obligations. With promoter ownership at 26.58% and a public stake of 73.39%, investor sentiment may be cautious. Overall, while the low price-to-book value (P/BV) of

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Banas Finance Ltd

Competitors of Banas Finance Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MKVentures Capital Ltd	645 Cr.	1,679	2,400/1,151	68.8	267	0.06 %	16.5 %	9.56 %	10.0
Modern Shares & Stockbrokers Ltd	12.5 Cr.	42.8	67.7/36.4	57.0	43.5	0.00 %	3.32 %	1.74 %	10.0
Monarch Networth Capital Ltd	2,960 Cr.	374	501/261	19.8	102	0.13 %	33.3 %	26.1 %	10.0
Monotype India Ltd	47.8 Cr.	0.68	2.42/0.65	4.65	0.02	0.00 %	286 %	%	1.00
Multipurpose Trading & Agencies Ltd	4.88 Cr.	9.85	13.3/8.25	28.7	10.3	0.00 %	4.44 %	3.91 %	10.0
Industry Average	6,902.51 Cr	1,458.22		80.79	3,733.88	0.37%	21.18%	13.30%	7.34

All Competitor Stocks of Banas Finance Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	2.78	-50.47	-19.84	2.42	7.24	11.02	17.40	11.58	32.56	6.07	8.20	30.57	3.99
Expenses	2.53	6.75	1.70	9.63	22.22	4.95	4.06	17.42	19.45	13.36	18.59	31.09	23.81
Operating Profit	0.25	-57.22	-21.54	-7.21	-14.98	6.07	13.34	-5.84	13.11	-7.29	-10.39	-0.52	-19.82
OPM %	8.99%			-297.93%	-206.91%	55.08%	76.67%	-50.43%	40.26%	-120.10%	-126.71%	-1.70%	-496.74%
Other Income	0.00	0.00	0.45	0.79	0.06	0.18	4.10	0.06	2.70	0.05	0.24	0.07	0.25
Interest	0.05	0.03	0.04	0.00	0.02	0.02	0.02	0.00	0.03	0.01	0.00	0.00	0.02
Depreciation	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
Profit before tax	0.20	-57.25	-21.13	-6.42	-14.94	6.23	17.42	-5.78	15.78	-7.25	-10.15	-0.45	-19.59
Tax %	11,135.00%	0.00%	0.00%	0.00%	-301.07%	4.49%	0.00%	0.00%	197.15%	0.00%	1.97%	-44.44%	-59.21%
Net Profit	-22.07	-57.25	-21.13	-6.42	30.04	5.95	17.42	-5.78	-15.32	-7.25	-10.35	-0.26	-7.99
EPS in Rs	-2.20	-5.96	-2.20	-0.67	3.13	0.62	1.81	-0.60	-1.59	-0.81	-1.16	-0.03	-0.89

Last Updated: July 16, 2025, 12:54 pm

Below is a detailed analysis of the quarterly data for Banas Finance Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 3.99 Cr.. The value appears to be declining and may need further review. It has decreased from 30.57 Cr. (Dec 2024) to 3.99 Cr., marking a decrease of 26.58 Cr..
For Expenses, as of Mar 2025, the value is 23.81 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 31.09 Cr. (Dec 2024) to 23.81 Cr., marking a decrease of 7.28 Cr..
For Operating Profit, as of Mar 2025, the value is -19.82 Cr.. The value appears to be declining and may need further review. It has decreased from -0.52 Cr. (Dec 2024) to -19.82 Cr., marking a decrease of 19.30 Cr..
For OPM %, as of Mar 2025, the value is -496.74%. The value appears to be declining and may need further review. It has decreased from -1.70% (Dec 2024) to -496.74%, marking a decrease of 495.04%.
For Other Income, as of Mar 2025, the value is 0.25 Cr.. The value appears strong and on an upward trend. It has increased from 0.07 Cr. (Dec 2024) to 0.25 Cr., marking an increase of 0.18 Cr..
For Interest, as of Mar 2025, the value is 0.02 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Dec 2024) to 0.02 Cr., marking an increase of 0.02 Cr..
For Depreciation, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00 Cr..
For Profit before tax, as of Mar 2025, the value is -19.59 Cr.. The value appears to be declining and may need further review. It has decreased from -0.45 Cr. (Dec 2024) to -19.59 Cr., marking a decrease of 19.14 Cr..
For Tax %, as of Mar 2025, the value is -59.21%. The value appears to be improving (decreasing) as expected. It has decreased from -44.44% (Dec 2024) to -59.21%, marking a decrease of 14.77%.
For Net Profit, as of Mar 2025, the value is -7.99 Cr.. The value appears to be declining and may need further review. It has decreased from -0.26 Cr. (Dec 2024) to -7.99 Cr., marking a decrease of 7.73 Cr..
For EPS in Rs, as of Mar 2025, the value is -0.89. The value appears to be declining and may need further review. It has decreased from -0.03 (Dec 2024) to -0.89, marking a decrease of 0.86.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 2:40 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	6	7	8	10	4	14	9	14	101	20	73	43
Expenses	5	7	10	13	4	21	7	5	9	120	40	81
Operating Profit	0	0	-2	-3	0	-7	2	10	91	-100	33	-38
OPM %	5%	5%	-27%	-35%	3%	-49%	23%	68%	91%	-497%	45%	-89%
Other Income	0	-0	0	0	0	0	0	0	0	1	1	1
Interest	0	1	1	2	0	0	1	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	0	-0	-3	-5	0	-7	2	10	92	-100	34	-37
Tax %	33%	366%	4%	0%	14%	-24%	24%	-17%	24%	-45%	93%	-31%
Net Profit	0	-2	-3	-5	0	-5	1	11	69	-55	2	-26
EPS in Rs	0.01	-0.43	-0.74	-1.15	0.03	-1.22	0.27	1.12	6.90	-5.70	0.23	-2.88
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-50.00%	-66.67%	100.00%	120.00%	1000.00%	527.27%	-179.71%	103.64%	-1400.00%
Change in YoY Net Profit Growth (%)	0.00%	-16.67%	166.67%	20.00%	880.00%	-472.73%	-706.98%	283.35%	-1503.64%

Banas Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	19%
5 Years:	37%
3 Years:	-25%
TTM:	-41%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-1248%

Stock Price CAGR
10 Years:	-6%
5 Years:	51%
3 Years:	-25%
1 Year:	-12%

Return on Equity
10 Years:	-1%
5 Years:	0%
3 Years:	-17%
Last Year:	-16%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:45 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	11	11	11	11	11	11	11	26	26	48	48	90
Reserves	29	27	23	18	18	68	70	67	136	104	106	80
Borrowings	7	11	20	7	5	10	11	11	7	7	6	1
Other Liabilities	0	0	3	4	4	0	0	0	20	0	6	0
Total Liabilities	47	50	58	40	39	90	92	104	188	159	166	171
Fixed Assets	0	0	0	0	0	0	0	0	0	0	0	0
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	2	15	21	44	138	88	110	125
Other Assets	47	50	58	40	37	74	71	59	50	70	56	46
Total Assets	47	50	58	40	39	90	92	104	188	159	166	171

Below is a detailed analysis of the balance sheet data for Banas Finance Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 90.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Mar 2024) to 90.00 Cr., marking an increase of 42.00 Cr..
For Reserves, as of Mar 2025, the value is 80.00 Cr.. The value appears to be declining and may need further review. It has decreased from 106.00 Cr. (Mar 2024) to 80.00 Cr., marking a decrease of 26.00 Cr..
For Borrowings, as of Mar 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 6.00 Cr. (Mar 2024) to 1.00 Cr., marking a decrease of 5.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing). It has decreased from 6.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 6.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 171.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 166.00 Cr. (Mar 2024) to 171.00 Cr., marking an increase of 5.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 125.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Mar 2024) to 125.00 Cr., marking an increase of 15.00 Cr..
For Other Assets, as of Mar 2025, the value is 46.00 Cr.. The value appears to be declining and may need further review. It has decreased from 56.00 Cr. (Mar 2024) to 46.00 Cr., marking a decrease of 10.00 Cr..
For Total Assets, as of Mar 2025, the value is 171.00 Cr.. The value appears strong and on an upward trend. It has increased from 166.00 Cr. (Mar 2024) to 171.00 Cr., marking an increase of 5.00 Cr..

Notably, the Reserves (80.00 Cr.) exceed the Borrowings (1.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	0	3	-1	2	4	4	6	9	20	-1	-6	-0
Cash from Investing Activity +	0	0	0	0	-1	-1	-4	-15	-6	-49	8	-39
Cash from Financing Activity +	-0	-1	-1	-2	-2	-0	0	0	-4	44	-1	36
Net Cash Flow	-0	2	-2	0	0	3	3	-6	10	-6	2	-2

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-7.00	-11.00	-22.00	-10.00	-5.00	-17.00	-9.00	-1.00	84.00	-107.00	27.00	-39.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	589	524	235	535	117	0	9	22		0	0	0
Days Payable	3	4	0	0	0		19	20
Cash Conversion Cycle	587	520	235	535	117	0	-9	3	0	0	0	0
Working Capital Days	4,416	3,003	2,306	2,440	1,362	-32	137	230	145	38	309	86
ROCE %	0%	1%	1%	-4%	-7%	0%	-11%	2%	10%	67%	-61%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	13.26%	13.26%	17.59%	17.59%	17.59%	17.59%	17.59%	17.59%	17.59%	26.58%	26.58%	26.58%
DIIs	0.10%	0.10%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.03%	0.03%	0.03%
Public	86.64%	86.64%	82.36%	82.35%	82.35%	82.36%	82.37%	82.36%	82.36%	73.39%	73.39%	73.39%
No. of Shareholders	45,458	41,379	54,996	51,878	48,907	45,602	43,140	40,271	38,801	40,844	39,725	39,870

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-2.19	0.91	-11.15	26.97	4.55
Diluted EPS (Rs.)	-2.19	0.91	-11.15	26.97	4.55
Cash EPS (Rs.)	-2.88	0.46	-11.40	27.05	4.37
Book Value[Excl.RevalReserv]/Share (Rs.)	20.28	32.44	31.74	63.18	36.25
Book Value[Incl.RevalReserv]/Share (Rs.)	20.28	32.44	31.74	63.18	36.25
Revenue From Operations / Share (Rs.)	4.79	8.56	3.69	4.65	2.08
PBDIT / Share (Rs.)	-4.17	7.02	-20.73	35.77	3.82
PBIT / Share (Rs.)	-4.18	7.02	-20.73	35.77	3.82
PBT / Share (Rs.)	-4.18	7.00	-20.75	35.73	3.72
Net Profit / Share (Rs.)	-2.88	0.46	-11.40	27.04	4.37
NP After MI And SOA / Share (Rs.)	-2.18	0.91	-11.31	26.93	4.54
PBDIT Margin (%)	-87.25	81.95	-561.89	769.86	183.96
PBIT Margin (%)	-87.27	81.95	-561.91	769.84	183.92
PBT Margin (%)	-87.36	81.74	-562.45	768.92	179.17
Net Profit Margin (%)	-60.28	5.46	-308.96	582.03	210.53
NP After MI And SOA Margin (%)	-45.65	10.68	-306.69	579.48	218.82
Return on Networth / Equity (%)	-10.77	2.81	-35.64	42.61	12.53
Return on Capital Employeed (%)	-20.59	20.90	-65.31	50.48	10.53
Return On Assets (%)	-10.71	2.62	-34.11	36.60	11.18
Total Debt / Equity (X)	0.00	0.03	0.04	0.04	0.12
Asset Turnover Ratio (%)	0.24	0.25	0.10	0.08	0.05
Current Ratio (X)	181.80	26.74	19.23	27.01	8.88
Quick Ratio (X)	181.80	26.74	19.23	27.01	8.88
Interest Coverage Ratio (X)	-961.49	386.26	-1033.10	839.44	38.73
Interest Coverage Ratio (Post Tax) (X)	-663.29	26.76	-567.06	635.64	45.32
Enterprise Value (Cr.)	57.12	65.09	49.68	127.17	25.52
EV / Net Operating Revenue (X)	1.33	1.58	2.80	10.67	4.79
EV / EBITDA (X)	-1.53	1.93	-0.49	1.39	2.60
MarketCap / Net Operating Revenue (X)	1.52	1.61	2.75	11.04	2.99
Price / BV (X)	0.35	0.42	0.31	0.81	0.17
Price / Net Operating Revenue (X)	1.52	1.61	2.75	11.04	2.99
EarningsYield	-0.30	0.06	-1.11	0.52	0.73

After reviewing the key financial ratios for Banas Finance Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is -2.19. This value is below the healthy minimum of 5. It has decreased from 0.91 (Mar 24) to -2.19, marking a decrease of 3.10.
For Diluted EPS (Rs.), as of Mar 25, the value is -2.19. This value is below the healthy minimum of 5. It has decreased from 0.91 (Mar 24) to -2.19, marking a decrease of 3.10.
For Cash EPS (Rs.), as of Mar 25, the value is -2.88. This value is below the healthy minimum of 3. It has decreased from 0.46 (Mar 24) to -2.88, marking a decrease of 3.34.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.28. It has decreased from 32.44 (Mar 24) to 20.28, marking a decrease of 12.16.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.28. It has decreased from 32.44 (Mar 24) to 20.28, marking a decrease of 12.16.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 4.79. It has decreased from 8.56 (Mar 24) to 4.79, marking a decrease of 3.77.
For PBDIT / Share (Rs.), as of Mar 25, the value is -4.17. This value is below the healthy minimum of 2. It has decreased from 7.02 (Mar 24) to -4.17, marking a decrease of 11.19.
For PBIT / Share (Rs.), as of Mar 25, the value is -4.18. This value is below the healthy minimum of 0. It has decreased from 7.02 (Mar 24) to -4.18, marking a decrease of 11.20.
For PBT / Share (Rs.), as of Mar 25, the value is -4.18. This value is below the healthy minimum of 0. It has decreased from 7.00 (Mar 24) to -4.18, marking a decrease of 11.18.
For Net Profit / Share (Rs.), as of Mar 25, the value is -2.88. This value is below the healthy minimum of 2. It has decreased from 0.46 (Mar 24) to -2.88, marking a decrease of 3.34.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -2.18. This value is below the healthy minimum of 2. It has decreased from 0.91 (Mar 24) to -2.18, marking a decrease of 3.09.
For PBDIT Margin (%), as of Mar 25, the value is -87.25. This value is below the healthy minimum of 10. It has decreased from 81.95 (Mar 24) to -87.25, marking a decrease of 169.20.
For PBIT Margin (%), as of Mar 25, the value is -87.27. This value is below the healthy minimum of 10. It has decreased from 81.95 (Mar 24) to -87.27, marking a decrease of 169.22.
For PBT Margin (%), as of Mar 25, the value is -87.36. This value is below the healthy minimum of 10. It has decreased from 81.74 (Mar 24) to -87.36, marking a decrease of 169.10.
For Net Profit Margin (%), as of Mar 25, the value is -60.28. This value is below the healthy minimum of 5. It has decreased from 5.46 (Mar 24) to -60.28, marking a decrease of 65.74.
For NP After MI And SOA Margin (%), as of Mar 25, the value is -45.65. This value is below the healthy minimum of 8. It has decreased from 10.68 (Mar 24) to -45.65, marking a decrease of 56.33.
For Return on Networth / Equity (%), as of Mar 25, the value is -10.77. This value is below the healthy minimum of 15. It has decreased from 2.81 (Mar 24) to -10.77, marking a decrease of 13.58.
For Return on Capital Employeed (%), as of Mar 25, the value is -20.59. This value is below the healthy minimum of 10. It has decreased from 20.90 (Mar 24) to -20.59, marking a decrease of 41.49.
For Return On Assets (%), as of Mar 25, the value is -10.71. This value is below the healthy minimum of 5. It has decreased from 2.62 (Mar 24) to -10.71, marking a decrease of 13.33.
For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.03 (Mar 24) to 0.00, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.24. It has decreased from 0.25 (Mar 24) to 0.24, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 25, the value is 181.80. This value exceeds the healthy maximum of 3. It has increased from 26.74 (Mar 24) to 181.80, marking an increase of 155.06.
For Quick Ratio (X), as of Mar 25, the value is 181.80. This value exceeds the healthy maximum of 2. It has increased from 26.74 (Mar 24) to 181.80, marking an increase of 155.06.
For Interest Coverage Ratio (X), as of Mar 25, the value is -961.49. This value is below the healthy minimum of 3. It has decreased from 386.26 (Mar 24) to -961.49, marking a decrease of 1,347.75.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -663.29. This value is below the healthy minimum of 3. It has decreased from 26.76 (Mar 24) to -663.29, marking a decrease of 690.05.
For Enterprise Value (Cr.), as of Mar 25, the value is 57.12. It has decreased from 65.09 (Mar 24) to 57.12, marking a decrease of 7.97.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.33. This value is within the healthy range. It has decreased from 1.58 (Mar 24) to 1.33, marking a decrease of 0.25.
For EV / EBITDA (X), as of Mar 25, the value is -1.53. This value is below the healthy minimum of 5. It has decreased from 1.93 (Mar 24) to -1.53, marking a decrease of 3.46.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.52. This value is within the healthy range. It has decreased from 1.61 (Mar 24) to 1.52, marking a decrease of 0.09.
For Price / BV (X), as of Mar 25, the value is 0.35. This value is below the healthy minimum of 1. It has decreased from 0.42 (Mar 24) to 0.35, marking a decrease of 0.07.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.52. This value is within the healthy range. It has decreased from 1.61 (Mar 24) to 1.52, marking a decrease of 0.09.
For EarningsYield, as of Mar 25, the value is -0.30. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 24) to -0.30, marking a decrease of 0.36.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Banas Finance Ltd as of July 27, 2025 is: 37.21

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 27, 2025, Banas Finance Ltd is Undervalued by 321.88% compared to the current share price 8.82

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Banas Finance Ltd as of July 27, 2025 is: 26.97

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 27, 2025, Banas Finance Ltd is Undervalued by 205.78% compared to the current share price 8.82

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -27.52%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (62.17 cr) compared to borrowings (8.58 cr), indicating strong financial stability.	The stock has a low average ROCE of 1.58%, which may not be favorable. The stock has a high average Working Capital Days of 77.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 165.67, which may not be favorable. The company has not shown consistent growth in sales (25.75) and profit (-1.17).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Banas Finance Ltd:
1. Net Profit Margin: -60.28%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -20.59% (Industry Average ROCE: 21.18%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -10.77% (Industry Average ROE: 13.3%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -663.29
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 181.8
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 80.79)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Banas Finance Ltd. is a Public Limited Listed company incorporated on 06/06/1983 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65910MH1983PLC030142 and registration number is 030142. Currently Company is involved in the business activities of Financial service activities, except insurance and pension funding. Company's Total Operating Revenue is Rs. 42.87 Cr. and Equity Capital is Rs. 89.58 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	E-109, Crystal Plaza, Mumbai Maharashtra 400053	banasfin@gmail.com https://banasfinance.wordpress.com

Management
Name	Position Held
Mr. Girraj Kishor Agrawal	Director
Mrs. Tanu Agarwal	Director & CEO
Mr. Vikash Kulhriya	Independent Director
Mr. Chirag Goyal	Independent Director
Mr. Ashish Kachhara	Independent Director
Mr. Anant Chourasia	Non Independent Director

FAQ

What is the intrinsic value of Banas Finance Ltd?

Banas Finance Ltd's intrinsic value (as of 26 July 2025) is 37.21 321.88% higher the current market price of 8.82, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 79.0 Cr. market cap, FY2025-2026 high/low of 12.0/6.40, reserves of 80 Cr, and liabilities of 171 Cr.

What is the Market Cap of Banas Finance Ltd?

The Market Cap of Banas Finance Ltd is 79.0 Cr..

What is the current Stock Price of Banas Finance Ltd as on 26 July 2025?

The current stock price of Banas Finance Ltd as on 26 July 2025 is 8.82.

What is the High / Low of Banas Finance Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Banas Finance Ltd stocks is ₹12.0/6.40.

What is the Stock P/E of Banas Finance Ltd?

The Stock P/E of Banas Finance Ltd is .

What is the Book Value of Banas Finance Ltd?

The Book Value of Banas Finance Ltd is 19.0.

What is the Dividend Yield of Banas Finance Ltd?

The Dividend Yield of Banas Finance Ltd is 0.00 %.

What is the ROCE of Banas Finance Ltd?

The ROCE of Banas Finance Ltd is 22.6 %.

What is the ROE of Banas Finance Ltd?

The ROE of Banas Finance Ltd is 16.0 %.

What is the Face Value of Banas Finance Ltd?

The Face Value of Banas Finance Ltd is 10.0.