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Last Updated on: 28 February, 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
Finance & InvestmentsUnit 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

Indostar Capital Finance Ltd. Share Price Update

Share PriceValue
Today₹188.15
Previous Day₹192.45

Basic Stock Data of Indostar Capital Finance Ltd

Market Cap 2,996 Cr.
Current Price 220
High / Low229/103
Stock P/E19.2
Book Value 233
Dividend Yield0.00 %
ROCE9.15 %
ROE7.46 %
Face Value 10.0

Data Source: screener.in

Competitors of Indostar Capital Finance Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Capital Trust Ltd 223 Cr. 136148/52.1 46.20.00 %15.8 %46.9 % 10.0
Consolidated Finvest & Holdings Ltd 882 Cr. 273347/93.62.65 2430.00 %66.0 %50.2 % 10.0
Prime Securities Ltd 604 Cr. 182202/92.329.7 41.20.28 %11.6 %8.35 % 5.00
Bajaj Finserv Ltd 2,51,369 Cr. 1,5761,742/1,21532.2 3190.05 %11.3 %14.8 % 1.00
Onelife Capital Advisors Ltd 26.1 Cr. 19.623.9/10.8 60.90.00 %1.01 %2.98 % 10.0
Industry Average50,620.82 Cr437.3212.91142.060.07%21.14%24.65%7.20

Indostar Capital Finance Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales334334278265284278341314294281285299313
Expenses99117457168861341,1129082975295111
Operating Profit235217-17997198143-772224212184233204202
OPM %70%65%-64%37%70%52%-227%71%72%65%82%68%65%
Other Income61100110000400
Interest186179159139137125139148146135150154165
Depreciation98889910101010988
Profit before tax4531-346-495320-920665639774230
Tax %30%21%8%25%26%26%18%8%8%5%2%7%17%
Net Profit3224-317-373915-754615237763925
EPS in Rs2.571.96-25.63-2.973.181.07-55.384.483.792.695.582.861.82

Indostar Capital Finance Ltd Quarterly Chart

Indostar Capital Finance Ltd Profit & Loss

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:%
5 Years:8%
3 Years:-10%
TTM:-2%
Compounded Profit Growth
10 Years:%
5 Years:2%
3 Years:39%
TTM:126%
Stock Price CAGR
10 Years:%
5 Years:-11%
3 Years:-16%
1 Year:35%
Return on Equity
10 Years:%
5 Years:-5%
3 Years:-8%
Last Year:7%

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 2023
Debtor Days0000000000
Inventory Days
Days Payable
Cash Conversion Cycle0000000000
Working Capital Days-113194200215-135-3255-15-9131
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

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters93.52%93.31%93.26%88.16%89.21%89.21%89.21%89.21%89.21%89.21%75.00%75.00%
FIIs0.02%0.05%0.05%1.34%1.17%1.26%1.20%1.21%1.18%1.16%1.29%1.38%
DIIs2.65%2.68%2.09%2.47%2.33%1.59%1.55%1.54%1.54%1.54%1.74%1.80%
Public3.81%3.95%4.60%8.02%7.29%7.94%8.04%8.03%8.08%8.09%21.97%21.83%
No. of Shareholders86,20882,65783,21483,48481,70980,97079,79277,80476,94874,44175,66675,229

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 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)16.55-59.51-20.83-35.1826.63
Diluted EPS (Rs.)16.55-59.51-20.83-34.1826.07
Cash EPS (Rs.)19.45-51.52-14.60-31.8628.08
Book Value[Excl.RevalReserv]/Share (Rs.)228.66215.25297.92289.94325.86
Book Value[Incl.RevalReserv]/Share (Rs.)228.66215.25297.92289.94325.86
Revenue From Operations / Share (Rs.)86.3085.44103.43172.79130.68
PBDIT / Share (Rs.)63.08-23.6242.2949.41104.16
PBIT / Share (Rs.)60.18-26.2239.5846.16102.19
PBT / Share (Rs.)17.54-65.87-17.69-47.2341.10
Net Profit / Share (Rs.)16.55-54.12-17.30-35.1126.10
NP After MI And SOA / Share (Rs.)16.55-54.12-17.30-35.1126.10
PBDIT Margin (%)73.10-27.6440.8828.5979.70
PBIT Margin (%)69.73-30.6838.2626.7178.19
PBT Margin (%)20.32-77.09-17.10-27.3331.44
Net Profit Margin (%)19.17-63.34-16.72-20.3219.97
NP After MI And SOA Margin (%)19.17-63.34-16.72-20.3219.97
Return on Networth / Equity (%)7.23-25.14-5.80-12.118.00
Return on Capital Employeed (%)26.12-7.248.518.877.88
Return On Assets (%)2.46-7.62-2.12-3.201.95
Long Term Debt / Equity (X)0.000.670.540.772.97
Total Debt / Equity (X)1.822.121.632.662.97
Asset Turnover Ratio (%)0.120.110.110.140.12
Current Ratio (X)1.391.872.181.7834.22
Quick Ratio (X)1.391.872.181.7834.22
Dividend Payout Ratio (NP) (%)0.000.000.00-6.854.61
Dividend Payout Ratio (CP) (%)0.000.000.00-7.554.29
Earning Retention Ratio (%)0.000.000.00106.8595.39
Cash Earning Retention Ratio (%)0.000.000.00107.5595.71
Interest Coverage Ratio (X)1.48-0.590.730.521.71
Interest Coverage Ratio (Post Tax) (X)1.39-0.360.690.621.43
Enterprise Value (Cr.)6649.548610.509364.248909.5411683.48
EV / Net Operating Revenue (X)5.667.417.325.589.69
EV / EBITDA (X)7.75-26.7917.9019.5012.16
MarketCap / Net Operating Revenue (X)1.212.473.021.453.21
Retention Ratios (%)0.000.000.00106.8595.38
Price / BV (X)0.450.981.050.861.29
Price / Net Operating Revenue (X)1.212.473.021.453.21
EarningsYield0.15-0.25-0.05-0.140.06

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 of Indostar Capital Finance Ltd Stock

Fair Value: ₹340.41

The stock is undervalued by 54.73% compared to the current price ₹220

*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 is trading at a high valuation with an average P/B ratio of 44.38 and average Dividend Yield of 36.44%.
  2. The stock has a low average ROCE of 7.50%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 30.90, which may not be favorable.

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