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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Emkay Global Financial Services Ltd

About the Company - Emkay Global Financial Services Ltd

Emkay Global Financial Services Ltd. is a Public Limited Listed company incorporated on 24/01/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L67120MH1995PLC084899 and registration number is 084899. Currently Company is involved in the business activities of Security and commodity contracts brokerage. Company’s Total Operating Revenue is Rs. 175.07 Cr. and Equity Capital is Rs. 24.64 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsThe Ruby, 7th Floor, Mumbai Maharashtra 400028secretarial@emkayglobal.com
http://www.emkayglobal.com
Management
NamePosition Held
Mr. S K SabooChairman
Mr. Krishna Kumar KarwaManaging Director
Mr. Prakash KacholiaManaging Director
Mr. R K KrishnamurthiIndependent Director
Dr. Satish UgrankarIndependent Director
Dr. Bharat Kumar SinghIndependent Director
Mr. G C VasudeoIndependent Director
Mrs. Hutokshi WadiaIndependent Woman Director

Emkay Global Financial Services Ltd. Share Price Update

Share PriceValue
Today₹163.85
Previous Day₹176.70

Basic Stock Data of Emkay Global Financial Services Ltd

Last Updated: April 10, 2024, 3:42 am

Market Cap 312 Cr.
Current Price 126
High / Low170/65.5
Stock P/E20.8
Book Value 87.8
Dividend Yield0.79 %
ROCE6.88 %
ROE6.86 %
Face Value 10.0

Data Source: screener.in

Emkay Global Financial Services Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales41.7837.5349.2654.0075.6192.3152.0351.9756.6254.3242.1546.6570.54
Expenses33.4332.6338.3938.7957.8764.9255.8843.2246.9847.9153.9952.2162.98
Operating Profit8.354.9010.8715.2117.7427.39-3.858.759.646.41-11.84-5.567.56
OPM %19.99%13.06%22.07%28.17%23.46%29.67%-7.40%16.84%17.03%11.80%-28.09%-11.92%10.72%
Other Income0.550.980.620.331.370.490.871.411.341.948.309.137.52
Interest1.131.440.700.723.970.460.750.780.911.251.340.831.12
Depreciation1.871.922.021.891.901.851.942.022.282.442.441.982.08
Profit before tax5.902.528.7712.9313.2425.57-5.677.367.794.66-7.320.7611.88
Tax %35.93%32.54%30.33%22.66%24.92%24.83%24.34%40.35%19.64%-84.55%27.46%119.74%18.94%
Net Profit3.671.256.129.779.3719.32-4.664.586.128.74-5.370.349.27
EPS in Rs1.490.512.493.973.807.84-1.891.862.483.55-2.180.143.76

Emkay Global Financial Services Ltd Quarterly Chart

Emkay Global Financial Services Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1149982117105109156147135160272205235
Expenses1039976828285111124137134217189234
Operating Profit11-063424244523-32655151
OPM %9%-0%8%29%22%22%29%15%-2%16%20%8%0%
Other Income001-3600030211133
Interest4655434773345
Depreciation5544445788899
Profit before tax2-11-3-1117163712-1717461220
Tax %35%-31%-40%-49%28%26%22%31%29%32%24%-12%
Net Profit1-15-4-161212299-1311341416
EPS in Rs0.44-6.05-1.62-6.444.924.9911.663.55-5.114.5213.725.716.69
Dividend Payout %114%0%0%0%20%20%17%28%0%22%9%18%

Emkay Global Financial Services Ltd Profit & Loss Yearly Chart

Emkay Global Financial Services Ltd Growth

Compounded Sales Growth
10 Years:8%
5 Years:6%
3 Years:15%
TTM:9%
Compounded Profit Growth
10 Years:12%
5 Years:-13%
3 Years:46%
TTM:1%
Stock Price CAGR
10 Years:24%
5 Years:9%
3 Years:32%
1 Year:132%
Return on Equity
10 Years:8%
5 Years:6%
3 Years:11%
Last Year:7%

Emkay Global Financial Services Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital24242424242425252525252525
Reserves1241091058998111137142128142176186192
Borrowings37413435114934231017443339
Other Liabilities1279611011292116169136218381519488659
Total Liabilities312271274261226299365326381565764731914
Fixed Assets48433936353533353834323839
CWIP0-0-0-0-0000002-0-0
Investments3134112636281629342427
Other Assets261227232221180237296263327501696669848
Total Assets312271274261226299365326381565764731914

Emkay Global Financial Services Ltd Reserves and Borrowings Chart

Emkay Global Financial Services Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -24-518-461-22302194-4460-63
Cash from Investing Activity -224-23-8-15-84-1-3-45
Cash from Financing Activity 29-0-11-2-3035-20-27-26-3-7-7
Net Cash Flow-18-15-324-32-166-5148-65

Emkay Global Financial Services Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days19512617316966218208146145152119188
Inventory Days
Days Payable
Cash Conversion Cycle19512617316966218208146145152119188
Working Capital Days2612714852-121-9-71-134-353-564-372-398
ROCE %3%-3%2%19%14%12%22%9%-6%12%23%7%

Emkay Global Financial Services Ltd Financial Efficiency Indicators Chart

Emkay Global Financial Services Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.55%74.55%74.55%74.51%74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%
FIIs0.11%0.11%0.00%0.48%0.78%0.83%0.81%0.76%0.76%0.76%0.76%0.77%
Public25.34%25.34%25.45%25.01%24.73%24.69%24.70%24.75%24.75%24.75%24.74%24.74%
No. of Shareholders8,6369,8699,94716,13515,45015,35015,76816,04215,52714,92214,75313,593

Emkay Global Financial Services Ltd Shareholding Pattern Chart

No. of Emkay Global Financial Services Ltd Shareholders

This stock is not held by any mutual fund

Emkay Global Financial Services Ltd ROCE Trend

Emkay Global Financial Services Ltd EPS Trend

Emkay Global Financial Services Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)5.7113.724.52-5.123.55
Diluted EPS (Rs.)5.6812.974.52-5.123.55
Cash EPS (Rs.)9.3917.227.90-1.696.28
Book Value[Excl.RevalReserv]/Share (Rs.)85.3881.4267.5962.0867.88
Book Value[Incl.RevalReserv]/Share (Rs.)85.3881.4267.5962.0867.88
Revenue From Operations / Share (Rs.)82.39110.0766.0054.2559.00
PBDIT / Share (Rs.)10.5523.0712.30-0.819.79
PBIT / Share (Rs.)6.8320.009.20-3.946.93
PBT / Share (Rs.)5.0918.727.05-6.734.96
Net Profit / Share (Rs.)5.6614.154.80-4.823.41
NP After MI And SOA / Share (Rs.)5.7113.724.52-5.123.55
PBDIT Margin (%)12.8120.9618.63-1.4916.60
PBIT Margin (%)8.2818.1613.94-7.2711.74
PBT Margin (%)6.1717.0010.68-12.408.41
Net Profit Margin (%)6.8712.857.28-8.895.77
NP After MI And SOA Margin (%)6.9312.466.85-9.426.02
Return on Networth / Equity (%)6.6916.846.69-8.235.23
Return on Capital Employeed (%)6.8218.2011.91-5.779.31
Return On Assets (%)1.924.421.97-3.302.68
Long Term Debt / Equity (X)0.000.140.010.010.00
Total Debt / Equity (X)0.120.190.070.060.13
Asset Turnover Ratio (%)0.260.270.310.350.39
Current Ratio (X)1.381.461.381.521.92
Quick Ratio (X)1.381.461.381.511.92
Dividend Payout Ratio (NP) (%)21.887.280.000.0067.87
Dividend Payout Ratio (CP) (%)13.245.940.000.0037.56
Earning Retention Ratio (%)78.1292.720.000.0032.13
Cash Earning Retention Ratio (%)86.7694.060.000.0062.44
Interest Coverage Ratio (X)6.0818.015.73-0.293.68
Interest Coverage Ratio (Post Tax) (X)4.2712.063.24-0.702.02
Enterprise Value (Cr.)-164.08-116.33-163.84-142.50143.08
EV / Net Operating Revenue (X)-0.80-0.42-1.01-1.070.98
EV / EBITDA (X)-6.31-2.05-5.4171.335.93
MarketCap / Net Operating Revenue (X)0.780.940.980.461.78
Retention Ratios (%)78.1192.710.000.0032.12
Price / BV (X)0.751.280.960.401.55
Price / Net Operating Revenue (X)0.780.940.980.461.78
EarningsYield0.080.130.06-0.200.03

Emkay Global Financial Services Ltd Profitability Ratios (%)

Emkay Global Financial Services Ltd Liquidity Ratios

Emkay Global Financial Services Ltd Liquidity Ratios (%)

Emkay Global Financial Services Ltd Interest Coverage Ratios (%)

Emkay Global Financial Services Ltd Valuation Ratios

Fair Value of Emkay Global Financial Services Ltd Stock

Fair Value: 126.27

The stock is undervalued by 0.21% compared to the current price ₹126

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.

*Investments are subject to market risks

Strength and Weakness of Emkay Global Financial Services Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -139.08, which is a positive sign.
  2. The company has higher reserves (133.77 cr) compared to borrowings (31.31 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (148.92 cr) and profit (10.54 cr) over the years.
  1. The stock has a low average ROCE of 9.50%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 158.75, which may not be favorable.

FAQ

What is the latest fair value of Emkay Global Financial Services Ltd?

The latest fair value of Emkay Global Financial Services Ltd is 126.27.

What is the Market Cap of Emkay Global Financial Services Ltd?

The Market Cap of Emkay Global Financial Services Ltd is 312 Cr..

What is the current Stock Price of Emkay Global Financial Services Ltd as on 13 April 2024?

The current stock price of Emkay Global Financial Services Ltd as on 13 April 2024 is 126.

What is the High / Low of Emkay Global Financial Services Ltd stocks in FY 2024?

In FY 2024, the High / Low of Emkay Global Financial Services Ltd stocks is ₹170/65.5.

What is the Stock P/E of Emkay Global Financial Services Ltd?

The Stock P/E of Emkay Global Financial Services Ltd is 20.8.

What is the Book Value of Emkay Global Financial Services Ltd?

The Book Value of Emkay Global Financial Services Ltd is 87.8.

What is the Dividend Yield of Emkay Global Financial Services Ltd?

The Dividend Yield of Emkay Global Financial Services Ltd is 0.79 %.

What is the ROCE of Emkay Global Financial Services Ltd?

The ROCE of Emkay Global Financial Services Ltd is 6.88 %.

What is the ROE of Emkay Global Financial Services Ltd?

The ROE of Emkay Global Financial Services Ltd is 6.86 %.

What is the Face Value of Emkay Global Financial Services Ltd?

The Face Value of Emkay Global Financial Services Ltd 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 Emkay Global Financial Services Ltd. 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