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Last Updated on: 13 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Indostar Capital Finance Ltd

About the Company - Indostar Capital Finance Ltd

Indostar Capital Finance Ltd. is a Public Limited Listed company incorporated on 21/07/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65100MH2009PLC268160 and registration number is 268160. 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. 1042.18 Cr. and Equity Capital is Rs. 136.08 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)Unit No. 505, 5th Floor, Wing 2/E, Corporate Avenue, Mumbai Maharashtra 400099investor.relations@indostarcapital.com
http://www.indostarcapital.com
Management
NamePosition Held
Mr. Bobby ParikhNon Exe.Ind.Chairman
Mr. Karthikeyan SrinivasanWholeTime Director & CEO
Mr. Dhanpal JhaveriNon Executive Director
Mr. Aditya JoshiNon Executive Director
Mr. Vibhor Kumar TalrejaNon Executive Director
Mr. Munish DayalNon Executive Director
Mr. Hemant KaulInd. Non-Executive Director
Ms. Naina Krishna MurthyInd. Non-Executive Director

Basic Stock Data of Indostar Capital Finance Ltd

Last Updated: June 12, 2024, 10:38 pm

Market Cap 3,289 Cr.
Current Price 242
High / Low280/141
Stock P/E28.4
Book Value 238
Dividend Yield0.00 %
ROCE8.35 %
ROE3.65 %
Face Value 10.0
PEG Ratio0.24

Competitors of Indostar Capital Finance Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Aditya Birla Capital Ltd 60,931 Cr. 234244/15518.3 1030.00 %9.95 %14.2 % 10.0
Capital Trust Ltd 191 Cr. 116148/67.288.2 46.90.00 %8.16 %2.86 % 10.0
Aryan Share & Stock Brokers Ltd 6.01 Cr. 20.030.5/8.7911.8 50.80.00 %3.54 %3.41 % 10.0
Reliance Capital Ltd 312 Cr. 12.416.0/8.361.34 4400.00 %7.46 %% 10.0
Transwarranty Finance Ltd 100 Cr. 20.522.8/7.55125 6.180.00 %7.53 %2.69 % 10.0
Industry Average12,308.00 Cr80.5848.93129.380.00%7.33%4.63%10.00

Indostar Capital Finance Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales334278265284278341314294281285299313306
Expenses117457168861341,1129082975295111107
Operating Profit217-17997198143-772224212184233204202200
OPM %65%-64%37%70%52%-227%71%72%65%82%68%65%65%
Other Income11001100004001
Interest179159139137125139148146135150154165172
Depreciation88899101010109889
Profit before tax31-346-495320-92066563977423019
Tax %21%8%25%26%26%18%8%8%5%2%7%17%12%
Net Profit24-317-373915-75461523776392517
EPS in Rs1.96-25.63-2.973.181.07-55.384.483.792.695.582.861.821.24

Last Updated: June 11, 2024, 2:50 am

Indostar Capital Finance Ltd Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 1, 2024, 6:46 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3975286447207891,2061,5971,2831,1731,1781,179
Expenses354361831452441,1427581,495321356
Operating Profit362485583637644961456525-323857823
OPM %91%92%91%88%82%80%29%41%-28%73%70%
Other Income000-0-1-01-2115
Interest192258289312326564863709540580605
Depreciation11125183034354035
Profit before tax169226293323312379-437-219-896239187
Tax %34%34%35%35%36%36%26%2%18%6%
Net Profit112149192211200241-325-214-737225176
EPS in Rs21.8929.1037.4226.9025.4626.10-35.11-17.30-54.1216.5512.95
Dividend Payout %0%0%0%0%0%8%-3%0%0%0%

Indostar Capital Finance Ltd Profit & Loss Yearly Chart

Indostar Capital Finance Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:3%
3 Years:3%
TTM:18%
Compounded Profit Growth
10 Years:0%
5 Years:-14%
3 Years:37%
TTM:-49%
Stock Price CAGR
10 Years:%
5 Years:-8%
3 Years:-16%
1 Year:55%
Return on Equity
10 Years:0%
5 Years:-6%
3 Years:-4%
Last Year:4%

Last Updated: June 10, 2024, 12:29 pm

Indostar Capital Finance Ltd Balance Sheet

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital68687378799292124136136136
Reserves1,0671,2171,4681,8241,9962,9142,5883,5622,7932,9763,041
Preference Capital00000001200
Borrowings1,8982,5743,0013,3734,8239,0627,1426,0086,2235,6485,651
Other Liabilities127133151213296232306388508357252
Total Liabilities3,1613,9924,6935,4897,19412,30010,12910,0829,6619,1169,080
Fixed Assets113956370383366386377369
CWIP00008000000
Investments615501871,0073012311,5915481,039931
Other Assets3,0993,9364,6905,2936,12311,6299,5158,1258,7277,7007,781
Total Assets3,1613,9924,6935,4897,19412,30010,12910,0829,6619,1169,080

Indostar Capital Finance Ltd Reserves and Borrowings Chart

Indostar Capital Finance Ltd Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -690-547-2,0911,7101,068-1,564899
Cash from Investing Activity -194-842260-2,272-9921,165-259
Cash from Financing Activity 5891,4592,787-35435200-540
Net Cash Flow-29471956-916111-19999

Indostar Capital Finance Ltd Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days00000000000
Inventory Days
Days Payable
Cash Conversion Cycle00000000000
Working Capital Days-113194200215-135-3255-15-913149
ROCE %14%14%13%10%10%4%5%-4%9%

Indostar Capital Finance Ltd Financial Efficiency Indicators Chart

Indostar Capital Finance Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters93.26%88.16%89.21%89.21%89.21%89.21%89.21%89.21%75.00%75.00%75.00%75.00%
FIIs0.05%1.34%1.17%1.26%1.20%1.21%1.18%1.16%1.29%1.38%1.33%1.49%
DIIs2.09%2.47%2.33%1.59%1.55%1.54%1.54%1.54%1.74%1.80%1.84%1.77%
Public4.60%8.02%7.29%7.94%8.04%8.03%8.08%8.09%21.97%21.83%21.83%21.74%
No. of Shareholders83,21483,48481,70980,97079,79277,80476,94874,44175,66675,22972,85270,435

Indostar Capital Finance Ltd Shareholding Pattern Chart

No. of Indostar Capital Finance Ltd Shareholders

This stock is not held by any mutual fund

Indostar Capital Finance Ltd ROCE Trend

Indostar Capital Finance Ltd EPS Trend

Indostar Capital Finance Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)8.5116.55-59.51-20.83-35.18
Diluted EPS (Rs.)8.5116.55-59.51-20.83-34.18
Cash EPS (Rs.)10.9519.45-51.52-14.60-31.86
Book Value[Excl.RevalReserv]/Share (Rs.)237.74228.66215.25297.92289.94
Book Value[Incl.RevalReserv]/Share (Rs.)237.74228.66215.25297.92289.94
Revenue From Operations / Share (Rs.)102.3686.3085.44103.43172.79
PBDIT / Share (Rs.)62.4863.08-23.6242.2949.41
PBIT / Share (Rs.)60.0460.18-26.2239.5846.16
PBT / Share (Rs.)9.5317.54-65.87-17.69-47.23
Net Profit / Share (Rs.)8.5116.55-54.12-17.30-35.11
NP After MI And SOA / Share (Rs.)8.5116.55-54.12-17.30-35.11
PBDIT Margin (%)61.0373.10-27.6440.8828.59
PBIT Margin (%)58.6469.73-30.6838.2626.71
PBT Margin (%)9.3020.32-77.09-17.10-27.33
Net Profit Margin (%)8.3119.17-63.34-16.72-20.32
NP After MI And SOA Margin (%)8.3119.17-63.34-16.72-20.32
Return on Networth / Equity (%)3.587.23-25.14-5.80-12.11
Return on Capital Employeed (%)25.0226.12-7.248.518.87
Return On Assets (%)1.042.46-7.62-2.12-3.20
Long Term Debt / Equity (X)0.000.000.670.540.77
Total Debt / Equity (X)2.341.822.121.632.66
Asset Turnover Ratio (%)0.130.120.110.110.14
Current Ratio (X)1.311.391.872.181.78
Quick Ratio (X)1.311.391.872.181.78
Dividend Payout Ratio (NP) (%)0.000.000.000.00-6.85
Dividend Payout Ratio (CP) (%)0.000.000.000.00-7.55
Earning Retention Ratio (%)0.000.000.000.00106.85
Cash Earning Retention Ratio (%)0.000.000.000.00107.55
Interest Coverage Ratio (X)1.241.48-0.590.730.52
Interest Coverage Ratio (Post Tax) (X)1.171.39-0.360.690.62
Enterprise Value (Cr.)9143.046649.548610.509364.248909.54
EV / Net Operating Revenue (X)6.565.667.417.325.58
EV / EBITDA (X)10.757.75-26.7917.9019.50
MarketCap / Net Operating Revenue (X)1.821.212.473.021.45
Retention Ratios (%)0.000.000.000.00106.85
Price / BV (X)0.780.450.981.050.86
Price / Net Operating Revenue (X)1.821.212.473.021.45
EarningsYield0.040.15-0.25-0.05-0.14

Indostar Capital Finance Ltd Profitability Ratios (%)

Indostar Capital Finance Ltd Liquidity Ratios

Indostar Capital Finance Ltd Liquidity Ratios (%)

Indostar Capital Finance Ltd Interest Coverage Ratios (%)

Indostar Capital Finance Ltd Valuation Ratios

Fair Value

Fair Value: 251.65

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: 3.99% compared to the current price 242

Intrinsic Value: 548.19

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: 126.53% compared to the current price ₹242

Last 5 Year EPS CAGR: 117.84%

*Investments are subject to market risks

Strength and Weakness of Indostar Capital Finance Ltd Stock

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign.
  2. The company has higher reserves (2,313.27 cr) compared to borrowings (1.09 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (280.36 cr) and profit (52.36 cr) over the years.
  1. The stock has a low average ROCE of 6.82%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 32.55, which may not be favorable.

FAQ

What is the latest fair value of Indostar Capital Finance Ltd?

The latest fair value of Indostar Capital Finance Ltd is ₹251.65.

What is the Market Cap of Indostar Capital Finance Ltd?

The Market Cap of Indostar Capital Finance Ltd is 3,289 Cr..

What is the current Stock Price of Indostar Capital Finance Ltd as on 13 June 2024?

The current stock price of Indostar Capital Finance Ltd as on 13 June 2024 is ₹242.

What is the High / Low of Indostar Capital Finance Ltd stocks in FY 2024?

In FY 2024, the High / Low of Indostar Capital Finance Ltd stocks is 280/141.

What is the Stock P/E of Indostar Capital Finance Ltd?

The Stock P/E of Indostar Capital Finance Ltd is 28.4.

What is the Book Value of Indostar Capital Finance Ltd?

The Book Value of Indostar Capital Finance Ltd is 238.

What is the Dividend Yield of Indostar Capital Finance Ltd?

The Dividend Yield of Indostar Capital Finance Ltd is 0.00 %.

What is the ROCE of Indostar Capital Finance Ltd?

The ROCE of Indostar Capital Finance Ltd is 8.35 %.

What is the ROE of Indostar Capital Finance Ltd?

The ROE of Indostar Capital Finance Ltd is 3.65 %.

What is the Face Value of Indostar Capital Finance Ltd?

The Face Value of Indostar Capital Finance 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 Indostar Capital Finance 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