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

Fundamental Analysis of Paisalo Digital Ltd

Basic Stock Data

Last Updated: June 21, 2024, 10:37 pm

Market Cap 6,643 Cr.
Current Price 74.0
High / Low99.6/21.0
Stock P/E37.2
Book Value 14.8
Dividend Yield0.07 %
ROCE14.1 %
ROE14.3 %
Face Value 1.00
PEG Ratio1.46

Competitors of Paisalo Digital Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Vardhman Holdings Ltd 1,085 Cr. 3,4003,788/2,4255.85 10,3310.14 %6.07 %5.78 % 10.0
Naga Dhunseri Group Ltd 261 Cr. 2,6122,899/1,5017.72 8,6610.10 %4.71 %4.29 % 10.0
Consecutive Investments & Trading Co Ltd 11.9 Cr. 39.639.6/39.6 16.00.00 %2.63 %2.02 % 10.0
Aastamangalam Finance Ltd 38.8 Cr. 43.559.5/30.110.8 42.30.00 %9.32 %11.8 % 10.0
JSW Holdings Ltd 7,517 Cr. 6,7727,491/4,15448.3 22,9150.00 %0.70 %0.69 % 10.0
Industry Average9,108.60 Cr635.2563.791,261.990.35%16.29%25.11%7.66

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Revenue939299102100113120122118136145183195
Interest42434348504750525960606486
Expenses50252618283637322524204259
Financing Profit1243035222933383353647750
Financing Margin %2%26%30%35%22%26%28%31%28%39%45%42%26%
Other Income0000-0000-50000
Depreciation1111111111111
Profit before tax1232934212933372852647650
Tax %-120%26%27%24%28%27%26%25%26%26%25%26%26%
Net Profit2172126152124282138475637
EPS in Rs0.020.200.250.310.170.240.270.310.230.430.530.630.41
Gross NPA %1.71%0.26%
Net NPA %1.42%0.04%

Last Updated: June 10, 2024, 5:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 5:53 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue237218190204264302361375346392471659
Interest6562586794118149157162184209270
Expenses64686061859312214010397129145
Financing Profit1078972768592907881110134244
Financing Margin %45%41%38%37%32%30%25%21%23%28%28%37%
Other Income-001-100000-0-40
Depreciation346566544333
Profit before tax1058467707986857478107126241
Tax %32%33%34%35%34%33%34%27%25%26%26%26%
Net Profit7156444552585654587994179
EPS in Rs0.870.690.540.560.640.710.700.640.690.901.041.99
Dividend Payout %6%7%9%9%8%7%7%8%7%6%5%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-21.13%-21.43%2.27%15.56%11.54%-3.45%-3.57%7.41%36.21%18.99%90.43%
Change in YoY Net Profit Growth (%)0.00%-0.30%23.70%13.28%-4.02%-14.99%-0.12%10.98%28.80%-17.22%71.44%

Growth

Compounded Sales Growth
10 Years:12%
5 Years:13%
3 Years:24%
TTM:40%
Compounded Profit Growth
10 Years:12%
5 Years:26%
3 Years:46%
TTM:85%
Stock Price CAGR
10 Years:14%
5 Years:32%
3 Years:35%
1 Year:195%
Return on Equity
10 Years:10%
5 Years:10%
3 Years:11%
Last Year:14%

Last Updated: June 16, 2024, 5:00 pm

Paisalo Digital Ltd Balance Sheet

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital414141414141414242444545
Reserves4014524894795235736247247779621,1181,203
Preference Capital222-0-0-0-0-0-0-0-0
Borrowings3874324105697541,0791,1571,2371,3221,6762,1172,224
Other Liabilities4591921832772893503542461307674125
Total Liabilities1,2871,1161,1221,3661,6062,0422,1752,2492,2702,7583,3543,596
Fixed Assets33333796664646667
CWIP-0-0-0-0-0-0-0-0-0-0-0-0
Investments735232272524242424262575
Other Assets1,2121,0611,0871,3361,5782,0122,1422,1592,1822,6683,2623,455
Total Assets1,2871,1161,1221,3661,6062,0422,1752,2492,2702,7583,3543,596

Reserves and Borrowings Chart

Paisalo Digital Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1-1421-74-203-382-335-98-396-452
Cash from Investing Activity 282120414-4-0-0-3-5
Cash from Financing Activity -34-58-36841823809-14111362476
Net Cash Flow-7-51613-19232113-3719

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow62.0066.0058.0061.0085.0093.00122.00140.00103.0097.00129.00145.00

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
ROE %12%8%9%10%10%9%8%7%9%9%14%

Financial Efficiency Indicators Chart

Paisalo Digital Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters43.78%40.64%40.64%41.02%44.16%44.16%45.92%45.92%45.92%46.24%47.05%48.86%
FIIs14.14%19.98%20.11%20.21%19.34%19.86%19.30%19.59%20.11%19.92%17.01%15.66%
DIIs17.07%18.19%18.36%17.23%16.19%14.51%13.50%13.46%13.32%14.18%14.20%14.15%
Public25.01%21.19%20.89%21.54%20.31%21.47%21.27%21.02%20.64%19.65%21.73%21.33%
No. of Shareholders3,5695,5214,3025,4605,6278,39010,0758,7148,99811,37721,41621,874

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund337,9630.482.75337,9632024-06-170%
Groww Nifty Total Market Index Fund8810.020.01337,9632024-06-17-99.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.0010.0010.0010.00
Basic EPS (Rs.)3.872.1018.7114.4912.80
Diluted EPS (Rs.)3.872.1018.7114.4912.80
Cash EPS (Rs.)2.032.1618.7815.3713.75
Book Value[Excl.RevalReserv]/Share (Rs.)14.8025.81232.25203.67180.23
Book Value[Incl.RevalReserv]/Share (Rs.)14.8025.89233.04204.51181.09
Revenue From Operations / Share (Rs.)7.3310.5489.3181.8088.60
PBDIT / Share (Rs.)5.737.6367.0658.2355.49
PBIT / Share (Rs.)5.697.5666.3257.3554.54
PBT / Share (Rs.)2.692.8124.3919.1617.53
Net Profit / Share (Rs.)1.992.0818.0414.4812.80
NP After MI And SOA / Share (Rs.)1.992.0818.0414.4812.80
PBDIT Margin (%)78.0572.4275.0871.1862.63
PBIT Margin (%)77.5371.7374.2570.1061.56
PBT Margin (%)36.6126.6727.3123.4219.78
Net Profit Margin (%)27.1619.7820.2017.7014.44
NP After MI And SOA Margin (%)27.1619.7820.2017.7014.44
Return on Networth / Equity (%)13.468.077.767.117.10
Return on Capital Employeed (%)35.7519.8719.0619.1322.78
Return On Assets (%)4.342.792.872.502.40
Long Term Debt / Equity (X)0.000.420.450.420.28
Total Debt / Equity (X)1.931.831.641.531.62
Asset Turnover Ratio (%)0.170.150.140.130.15
Current Ratio (X)1.501.992.182.011.75
Quick Ratio (X)1.501.992.182.011.75
Dividend Payout Ratio (NP) (%)0.004.905.546.907.81
Dividend Payout Ratio (CP) (%)0.004.735.326.507.27
Earning Retention Ratio (%)0.0095.1094.4693.1092.19
Cash Earning Retention Ratio (%)0.0095.2794.6893.5092.73
Interest Coverage Ratio (X)1.901.641.601.521.50
Interest Coverage Ratio (Post Tax) (X)1.661.471.431.381.35
Enterprise Value (Cr.)7985.364456.105150.984599.711887.54
EV / Net Operating Revenue (X)12.129.4213.1313.295.04
EV / EBITDA (X)15.5313.0017.4918.678.04
MarketCap / Net Operating Revenue (X)8.255.008.899.611.83
Retention Ratios (%)0.0095.0994.4593.0992.18
Price / BV (X)4.092.043.423.860.89
Price / Net Operating Revenue (X)8.255.008.899.611.83
EarningsYield0.030.030.020.010.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 78.79

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: 6.47% compared to the current price 74

Intrinsic Value: 98.85

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: 33.58% compared to the current price ₹74

Last 5 Year EPS CAGR: 25.47%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • 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 Paisalo Digital Ltd:
    1. Net Profit Margin: 27.16%
      • 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: 35.75% (Industry Average ROCE: %)
      • 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%: 13.46% (Industry Average ROE: %)
      • 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): 1.66
      • 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: 1.50
      • 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: 37.2 (Industry average Stock P/E: )
      • 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: 1.93
      • 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

Paisalo Digital Ltd. is a Public Limited Listed company incorporated on 05/03/1992 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65921DL1992PLC120483 and registration number is 120483. Currently Company is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 356.40 Cr. and Equity Capital is Rs. 43.92 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)101 CSC, Pocket-52, CR Park, New Delhi Delhi 110019delhi@paisalo.in
http://www.paisalo.in
Management
NamePosition Held
Mr. Sunil AgarwalManaging Director & CEO
Mr. Santanu AgarwalDeputy Managing Director
Mr. Harish SinghExecutive Director & CFO
Mr. Anoop KrishnaExecutive Director
Mr. Naresh Kumar JainIndependent Director
Mr. Gauri ShankarIndependent Director
Mr. Raman AggarwalIndependent Director
Mrs. Nisha JollyIndependent Director
Mr. Vijuy RonjanIndependent Director

FAQ

What is the latest fair value of Paisalo Digital Ltd?

The latest fair value of Paisalo Digital Ltd is ₹78.79.

What is the Market Cap of Paisalo Digital Ltd?

The Market Cap of Paisalo Digital Ltd is 6,643 Cr..

What is the current Stock Price of Paisalo Digital Ltd as on 23 June 2024?

The current stock price of Paisalo Digital Ltd as on 23 June 2024 is ₹74.0.

What is the High / Low of Paisalo Digital Ltd stocks in FY 2024?

In FY 2024, the High / Low of Paisalo Digital Ltd stocks is 99.6/21.0.

What is the Stock P/E of Paisalo Digital Ltd?

The Stock P/E of Paisalo Digital Ltd is 37.2.

What is the Book Value of Paisalo Digital Ltd?

The Book Value of Paisalo Digital Ltd is 14.8.

What is the Dividend Yield of Paisalo Digital Ltd?

The Dividend Yield of Paisalo Digital Ltd is 0.07 %.

What is the ROCE of Paisalo Digital Ltd?

The ROCE of Paisalo Digital Ltd is 14.1 %.

What is the ROE of Paisalo Digital Ltd?

The ROE of Paisalo Digital Ltd is 14.3 %.

What is the Face Value of Paisalo Digital Ltd?

The Face Value of Paisalo Digital 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 Paisalo Digital 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