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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Geojit Financial Services Ltd

About the Company - Geojit Financial Services Ltd

Geojit Financial Services Ltd. is a Public Limited Listed company incorporated on 24/11/1994 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L67120KL1994PLC008403 and registration number is 008403. Currently Company is involved in the business activities of Activities auxiliary to financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 480.79 Cr. and Equity Capital is Rs. 23.90 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & Investments11th Floor, 34/659-P, Civil Line Road, Kochi Kerala 682024mailus@geojit.com
http://www.geojit.com
Management
NamePosition Held
Mr. Ramanathan BupathyChairman(NonExe.&Ind.Director)
Mr. C J GeorgeManaging Director & CEO
Mr. A BalakrishnanExecutive Director
Mr. Satish MenonExecutive Director
Mr. Jones GeorgeExecutive Director
Mr. Punnoose GeorgeNon Executive Director
Mr. Harikishore SubramanianNon Exe. & Nominee Director
Mr. Radhakrishnan NairInd. Non-Executive Director
Mr. Mahesh VyasInd. Non-Executive Director
Mr. Rajan Krishnanath MedhekarInd. Non-Executive Director
Mr. M P Vijay KumarInd. Non-Executive Director
Prof. Sebastian MorrisInd. Non-Executive Director
Mrs. Alice Geevarghese VaidyanInd. Non-Executive Director

Basic Stock Data of Geojit Financial Services Ltd

Last Updated: June 22, 2024, 10:46 pm

Market Cap 2,583 Cr.
Current Price 108
High / Low116/45.0
Stock P/E17.9
Book Value 34.8
Dividend Yield1.39 %
ROCE18.8 %
ROE18.6 %
Face Value 1.00
PEG Ratio0.97

Geojit Financial Services Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales104121121127130123102112114111110144152
Expenses58686467706965727778788794
Operating Profit46535760605437403833325758
OPM %45%44%47%48%46%44%36%36%33%30%29%39%38%
Other Income1100010026622
Interest1111222123235
Depreciation6666667778777
Profit before tax41485153524629313029294848
Tax %26%24%26%26%25%24%26%27%21%1%28%25%24%
Net Profit32373840403622242530223738
EPS in Rs1.281.531.571.661.631.450.890.971.021.190.881.521.54

Last Updated: June 14, 2024, 6:33 pm

Geojit Financial Services Ltd Quarterly Chart

Geojit Financial Services Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales250254230321269301363308306426500447479
Expenses191179153196196200238221204235269292319
Operating Profit5975781257310212587101191231155160
OPM %24%30%34%39%27%34%34%28%33%45%46%35%33%
Other Income751-1195345-6-411116
Interest43211112335810
Depreciation14131110131414212523252929
Profit before tax48110-5512062911155870165202119137
Tax %51%20%-40%31%29%33%33%48%27%25%26%19%
Net Profit2387-78824461782851127154101115
EPS in Rs0.853.58-3.213.341.602.383.080.971.975.176.304.064.61
Dividend Payout %88%28%-3%52%62%53%65%103%76%68%48%37%

Geojit Financial Services Ltd Profit & Loss Yearly Chart

Geojit Financial Services Ltd Growth

Compounded Sales Growth
10 Years:10%
5 Years:15%
3 Years:13%
TTM:37%
Compounded Profit Growth
10 Years:38%
5 Years:40%
3 Years:6%
TTM:49%
Stock Price CAGR
10 Years:10%
5 Years:25%
3 Years:11%
1 Year:126%
Return on Equity
10 Years:15%
5 Years:18%
3 Years:18%
Last Year:19%

Last Updated: June 18, 2024, 6:10 am

Geojit Financial Services Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital23232323232424242424242424
Reserves389446412445467489534505480568673699720
Borrowings417615506022233679114187
Other Liabilities194183273249216300294356381539639484693
Total Liabilities6477297237227078188529079091,1681,4161,3211,624
Fixed Assets335889959760609083738599103
CWIP17300000000050
Investments112107115105781651868710513121111
Other Assets4855615195215315936077317211,0811,3191,2071,510
Total Assets6477297237227078188529079091,1681,4161,3211,624

Geojit Financial Services Ltd Reserves and Borrowings Chart

Geojit Financial Services Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -7-8238464811259-24137-1208338
Cash from Investing Activity -3011-3216-28-75-999-3089-15-16
Cash from Financing Activity -2134-71-8-756-37-64-82-31-26-61
Net Cash Flow-58-36-6654-5544131124-6342-39

Geojit Financial Services Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days11610818014214717713815591969281
Inventory Days
Days Payable
Cash Conversion Cycle11610818014214717713815591969281
Working Capital Days61261-7-1842-9-4040-162-221-255-179
ROCE %11%13%12%24%12%17%20%11%13%26%27%14%

Geojit Financial Services Ltd Financial Efficiency Indicators Chart

Geojit Financial Services Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters62.19%62.11%62.05%60.64%58.97%56.22%54.68%54.62%54.61%54.61%54.59%54.59%
FIIs1.43%1.56%1.95%2.10%1.99%2.08%1.88%1.72%1.59%1.68%2.59%2.41%
Public36.38%36.33%36.00%37.26%39.04%41.70%43.45%43.67%43.81%43.72%42.82%43.01%
No. of Shareholders67,66469,52569,69174,33879,32387,82190,96391,76590,16387,05587,02185,751

Geojit Financial Services Ltd Shareholding Pattern Chart

No. of Geojit Financial Services Ltd Shareholders

This stock is not held by any mutual fund

Geojit Financial Services Ltd ROCE Trend

Geojit Financial Services Ltd EPS Trend

Geojit Financial Services Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)6.064.066.315.171.97
Diluted EPS (Rs.)6.064.066.305.171.97
Cash EPS (Rs.)7.205.247.346.143.18
Book Value[Excl.RevalReserv]/Share (Rs.)38.1233.3632.1227.6323.81
Book Value[Incl.RevalReserv]/Share (Rs.)38.1233.3632.1227.6323.81
Revenue From Operations / Share (Rs.)25.6818.3720.9317.8312.81
PBDIT / Share (Rs.)9.956.529.728.044.28
PBIT / Share (Rs.)8.735.318.687.063.23
PBT / Share (Rs.)8.034.978.466.932.92
Net Profit / Share (Rs.)5.994.036.315.172.14
NP After MI And SOA / Share (Rs.)6.064.066.305.171.97
PBDIT Margin (%)38.7235.4746.4145.0733.38
PBIT Margin (%)34.0028.9141.4739.5925.21
PBT Margin (%)31.2527.0740.4338.8622.80
Net Profit Margin (%)23.3121.9530.1228.9816.67
NP After MI And SOA Margin (%)23.5822.1230.1028.9715.40
Return on Networth / Equity (%)17.4113.4421.6120.809.33
Return on Capital Employeed (%)22.3715.5526.4224.3013.14
Return On Assets (%)7.167.3510.6410.545.17
Total Debt / Equity (X)0.420.100.060.020.00
Asset Turnover Ratio (%)0.360.330.400.430.35
Current Ratio (X)1.722.342.062.252.45
Quick Ratio (X)1.722.342.062.252.45
Dividend Payout Ratio (NP) (%)0.0073.8031.6529.02152.70
Dividend Payout Ratio (CP) (%)0.0056.9127.1924.4099.76
Earning Retention Ratio (%)0.0026.2068.3570.98-52.70
Cash Earning Retention Ratio (%)0.0043.0972.8175.600.24
Interest Coverage Ratio (X)14.0819.3144.7361.9635.30
Interest Coverage Ratio (Post Tax) (X)9.4812.9530.0340.8420.18
Enterprise Value (Cr.)893.71389.39768.14541.98-13.89
EV / Net Operating Revenue (X)1.460.881.541.28-0.04
EV / EBITDA (X)3.762.503.312.83-0.13
MarketCap / Net Operating Revenue (X)2.502.172.992.821.42
Retention Ratios (%)0.0026.1968.3470.97-52.70
Price / BV (X)1.851.322.142.020.86
Price / Net Operating Revenue (X)2.502.172.992.821.42
EarningsYield0.090.100.100.100.10

Geojit Financial Services Ltd Profitability Ratios (%)

Geojit Financial Services Ltd Liquidity Ratios

Geojit Financial Services Ltd Liquidity Ratios (%)

Geojit Financial Services Ltd Interest Coverage Ratios (%)

Geojit Financial Services Ltd Valuation Ratios

Fair Value

Fair Value: 117.47

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.

Undervalued: 8.77% compared to the current price 108

Intrinsic Value: 139.25

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 28.93% compared to the current price ₹108

Last 5 Year EPS CAGR: 18.54%

*Investments are subject to market risks

Strength and Weakness of Geojit Financial Services Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.67%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -40.58, which is a positive sign.
  3. The company has higher reserves (525.15 cr) compared to borrowings (46.46 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (342.62 cr) and profit (95.54 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 126.92, which may not be favorable.

FAQ

What is the latest fair value of Geojit Financial Services Ltd?

The latest fair value of Geojit Financial Services Ltd is ₹117.47.

What is the Market Cap of Geojit Financial Services Ltd?

The Market Cap of Geojit Financial Services Ltd is 2,583 Cr..

What is the current Stock Price of Geojit Financial Services Ltd as on 23 June 2024?

The current stock price of Geojit Financial Services Ltd as on 23 June 2024 is ₹108.

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

In FY 2024, the High / Low of Geojit Financial Services Ltd stocks is 116/45.0.

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

The Stock P/E of Geojit Financial Services Ltd is 17.9.

What is the Book Value of Geojit Financial Services Ltd?

The Book Value of Geojit Financial Services Ltd is 34.8.

What is the Dividend Yield of Geojit Financial Services Ltd?

The Dividend Yield of Geojit Financial Services Ltd is 1.39 %.

What is the ROCE of Geojit Financial Services Ltd?

The ROCE of Geojit Financial Services Ltd is 18.8 %.

What is the ROE of Geojit Financial Services Ltd?

The ROE of Geojit Financial Services Ltd is 18.6 %.

What is the Face Value of Geojit Financial Services Ltd?

The Face Value of Geojit Financial Services Ltd is 1.00.

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 Geojit 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