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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Crest Ventures Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:41 am

Market Cap 1,248 Cr.
Current Price 439
High / Low 622/284
Stock P/E13.6
Book Value 415
Dividend Yield0.23 %
ROCE8.53 %
ROE5.79 %
Face Value 10.0
PEG Ratio2.42

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Mufin Green Finance Ltd 1,762 Cr. 108 274/90.491.1 16.00.00 %10.6 %8.27 % 1.00
Mukesh Babu Financial Services Ltd 105 Cr. 151 181/11119.1 4900.80 %3.62 %2.40 % 10.0
Nalin Lease Finance Ltd 44.0 Cr. 67.0 99.9/37.011.0 51.10.00 %17.4 %13.1 % 10.0
India Cements Capital Ltd 38.0 Cr. 17.5 26.4/13.542.7 8.430.00 %3.50 %8.87 % 10.0
Indergiri Finance Ltd 15.7 Cr. 31.0 71.3/26.8 8.260.00 %7.67 %14.0 % 10.0
Industry Average18,820.20 Cr650.8738.13563.110.17%19.97%10.57%8.67

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales141313141317567272730316152
Expenses15151016151931131116141429
Operating Profit-2-13-3-2-2536141614174722
OPM %-12%-11%25%-20%-14%-14%94%54%60%46%56%77%44%
Other Income0001-0-00000000
Interest3333454322666
Depreciation1111111111111
Profit before tax-5-50-6-6-8530111311104015
Tax %-20%-24%1,325%-10%2%-18%32%32%34%-12%35%21%28%
Net Profit13167-2367891263212
EPS in Rs0.270.890.202.182.45-0.58128.892.703.254.302.0611.314.32

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales13213917017749489652675557651149
Expenses129130157169293330324050607055
Operating Profit2813819156621275-358094
OPM %2%6%7%5%39%31%68%39%41%9%-5%89%63%
Other Income32410104036163680
Interest91011799881011141116
Depreciation3333111333345
Profit before tax-6-23-110657495071557374
Tax %39%9%374%-778%-14%15%11%7%10%60%20%31%
Net Profit-131123373995454531239660
EPS in Rs-0.420.543.898.5614.2514.6236.0816.8215.921.054.25139.1420.92
Dividend Payout %-80%62%9%4%2%3%1%3%3%48%12%1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)400.00%266.67%109.09%60.87%5.41%143.59%-52.63%0.00%-93.33%300.00%3200.00%
Change in YoY Net Profit Growth (%)0.00%-133.33%-157.58%-48.22%-55.46%138.18%-196.22%52.63%-93.33%393.33%2900.00%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:1%
5 Years:29%
3 Years:50%
TTM:37%
Compounded Profit Growth
10 Years:20%
5 Years:6%
3 Years:172%
TTM:54%
Stock Price CAGR
10 Years:26%
5 Years:38%
3 Years:46%
1 Year:46%
Return on Equity
10 Years:15%
5 Years:15%
3 Years:19%
Last Year:6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:29 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital17171717262628282828282828
Reserves1711792002363084005015435505629501,0761,151
Borrowings4972436559656496119250175205171
Other Liabilities2361795140282917151414306172
Total Liabilities4734483113574205206106837118551,1831,3701,423
Fixed Assets111021414141413849666769
CWIP0000000000000
Investments87152178191222313369398441493286316389
Other Assets375286131165157166200244232314831987965
Total Assets4734483113574205206106837118551,1831,3701,423

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +82-12-17-8-12-43-47-2-104-680-7
Cash from Investing Activity +-28-123813-275-514-9-2278248
Cash from Financing Activity +226-387365503019124-8226
Net Cash Flow2-3-1231-22-28-22066

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow2.00-41.00-59.00-35.00-46.00-44.001.00-43.00-69.00-114.00-253.00405.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5661102837212826262948
Inventory Days7284361747,1701,1581,390
Days Payable42391719833263
Cash Conversion Cycle3614061777,000863212826262941,335
Working Capital Days236157676633371096855170770189584
ROCE %3%5%2%6%4%14%10%10%3%4%59%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters66.41%66.65%67.36%68.70%68.89%68.96%68.96%69.11%69.11%69.11%69.11%69.11%
FIIs5.44%5.44%5.44%5.47%5.42%5.42%5.31%5.29%4.74%3.30%1.25%1.42%
DIIs1.05%1.04%1.04%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public27.10%26.86%26.15%25.54%25.19%24.73%24.85%24.70%25.25%26.70%28.74%28.58%
Others0.00%0.00%0.00%0.00%0.50%0.89%0.89%0.89%0.89%0.89%0.89%0.89%
No. of Shareholders5,6705,2765,3115,8835,5755,3508,2837,7129,2618,1288,90212,239

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)21.33139.414.251.0515.89
Diluted EPS (Rs.)21.14139.414.251.0515.89
Cash EPS (Rs.)23.19139.00-7.15-3.564.63
Book Value[Excl.RevalReserv]/Share (Rs.)402.47346.99207.53203.16200.83
Book Value[Incl.RevalReserv]/Share (Rs.)402.47346.99207.53203.16200.83
Revenue From Operations / Share (Rs.)65.12230.7220.0119.1723.42
PBDIT / Share (Rs.)38.80205.89-0.991.699.87
PBIT / Share (Rs.)37.16204.40-2.110.608.84
PBT / Share (Rs.)28.81200.34-7.20-3.125.30
Net Profit / Share (Rs.)21.55137.51-8.27-4.653.60
NP After MI And SOA / Share (Rs.)21.33140.394.251.0515.92
PBDIT Margin (%)59.5789.23-4.958.8342.12
PBIT Margin (%)57.0688.59-10.563.1337.73
PBT Margin (%)44.2386.83-36.00-16.2522.61
Net Profit Margin (%)33.0959.60-41.32-24.2815.38
NP After MI And SOA Margin (%)32.7560.8521.255.4667.98
Return on Networth / Equity (%)5.4440.452.040.517.92
Return on Capital Employeed (%)9.1157.56-0.760.264.05
Return On Assets (%)4.3833.451.410.416.63
Long Term Debt / Equity (X)0.000.000.320.100.06
Total Debt / Equity (X)0.180.170.410.200.16
Asset Turnover Ratio (%)0.140.630.040.040.06
Current Ratio (X)5.736.0011.8710.259.84
Quick Ratio (X)5.345.6511.209.919.70
Dividend Payout Ratio (NP) (%)4.730.3511.7547.733.13
Dividend Payout Ratio (CP) (%)4.390.359.3023.352.94
Earning Retention Ratio (%)95.2799.6588.2552.2796.87
Cash Earning Retention Ratio (%)95.6199.6590.7076.6597.06
Interest Coverage Ratio (X)4.6450.81-0.190.452.79
Interest Coverage Ratio (Post Tax) (X)3.5834.94-0.62-0.252.02
Enterprise Value (Cr.)1182.16587.75749.29345.74227.12
EV / Net Operating Revenue (X)6.440.9013.166.343.41
EV / EBITDA (X)10.811.01-265.5171.748.09
MarketCap / Net Operating Revenue (X)5.730.699.024.382.02
Retention Ratios (%)95.2699.6488.2452.2696.86
Price / BV (X)0.950.460.860.410.23
Price / Net Operating Revenue (X)5.730.699.024.382.02
EarningsYield0.050.870.020.010.33

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 327.54

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 December 21, 2024, is Overvalued by 25.39% compared to the current share price 439.00

Intrinsic Value of as of December 21, 2024 is: 345.93

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 December 21, 2024, is Overvalued by 21.20% compared to the current share price 439.00

Last 5 Year EPS CAGR: 5.61%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (525.15 cr) compared to borrowings (110.23 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (141.69 cr) and profit (64.23 cr) over the years.
  1. The stock has a low average ROCE of 10.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 283.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 162.42, which may not be favorable.
  • 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 :
    1. Net Profit Margin: 33.09%
      • 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: 9.11% (Industry Average ROCE: 19.97%)
      • 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%: 5.44% (Industry Average ROE: 10.35%)
      • 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): 3.58
      • 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: 5.34
      • 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: 13.6 (Industry average Stock P/E: 30.59)
      • 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: 0.18
      • 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

Crest Ventures Ltd. is a Public Limited Listed company incorporated on 16/10/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1982PLC102697 and registration number is 102697. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 29.59 Cr. and Equity Capital is Rs. 28.45 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)111, Maker Chambers IV, Mumbai Maharashtra 400021secretarial@crest.co.in
http://www.crest.co.in
Management
NamePosition Held
Mr. Mohindar KumarChairman & Ind.Director
Mr. Vijay ChorariaManaging Director
Ms. Sheetal KapadiaNon Executive Director
Mr. Rajeev SharmaIndependent Director
Ms. Neha MehtaIndependent Director
Mr. Sivaramakrishnan IyerIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹327.54, which is 25.39% lower than the current market price of ₹439.00. The stock has a market capitalization of 1,248 Cr. and recorded a high/low of 622/284 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,151 Cr and total liabilities of ₹1,423 Cr.

What is the Market Cap of ?

The Market Cap of is 1,248 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 439.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 622/284.

What is the Stock P/E of ?

The Stock P/E of is 13.6.

What is the Book Value of ?

The Book Value of is 415.

What is the Dividend Yield of ?

The Dividend Yield of is 0.23 %.

What is the ROCE of ?

The ROCE of is 8.53 %.

What is the ROE of ?

The ROE of is 5.79 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE