Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Reliance Capital Ltd

About the Company - Reliance Capital Ltd

Reliance Capital Ltd. is a Public Limited Listed company incorporated on 05/03/1986 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65910MH1986PLC165645 and registration number is 165645. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 15.87 Cr. and Equity Capital is Rs. 253.24 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsKamala Mills Compound, Mumbai Maharashtra 400013rcl.investor@relianceada.com
http://www.reliancecapital.co.in
Management
NamePosition Held
Mr. Anil Dhirubhai AmbaniChairman, Non Ind & Non Exe Director
Ms. Chhaya ViraniInd. Non-Executive Director
Mr. Angarai Natarajan SethuramanNon Exe.Non Ind.Director
Mr. Rahul SarinInd. Non-Executive Director
Dr. Thomas MathewInd. Non-Executive Director

Basic Stock Data of Reliance Capital Ltd

Last Updated: June 19, 2024, 4:16 pm

Market Cap 312 Cr.
Current Price 12.4
High / Low16.0/8.36
Stock P/E1.34
Book Value 440
Dividend Yield0.00 %
ROCE7.46 %
ROE%
Face Value 10.0
PEG Ratio-0.04

Competitors of Reliance Capital Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
CLIO Infotech Ltd 7.75 Cr. 7.038.00/3.55387 9.470.00 %0.13 %0.19 % 10.0
JSW Holdings Ltd 7,517 Cr. 6,7727,491/4,15448.3 22,9150.00 %0.70 %0.69 % 10.0
Biogen Pharmachem Industries Ltd 73.8 Cr. 1.131.85/0.6438.2 0.870.00 %3.47 %3.47 % 1.00
Rane Holdings Ltd 1,817 Cr. 1,2731,500/89510.2 6351.94 %13.0 %20.8 % 10.0
Nahar Capital & Financial Services Ltd 496 Cr. 296359/26442.1 5300.51 %1.25 %0.97 % 5.00
Industry Average9,259.60 Cr630.4464.351,258.690.35%16.34%25.22%7.59

Reliance Capital Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales4,8815,1634,4415,9934,0764,7633,5965,7965,2184,4275,9576,3936,098
Expenses8,0856,1994,6996,4115,2308,6743,7665,7125,1675,9145,5356,6445,879
Operating Profit-3,204-1,036-258-418-1,154-3,911-1708451-1,487423-251218
OPM %-66%-20%-6%-7%-28%-82%-5%1%1%-34%7%-4%4%
Other Income9397871131325199473020
Interest7055886716775632782711568-1822
Depreciation29282728283030312827262729
Profit before tax-3,929-1,613-949-1,115-1,738-4,106-45829027-1,513444-256187
Tax %-1%-2%-6%-4%-1%-1%-7%26%41%1%2%7%57%
Net Profit-3,966-1,649-1,006-1,156-1,759-4,132-49121516-1,499434-23981
EPS in Rs-159.00-65.85-38.80-47.07-70.16-165.03-18.277.38-0.03-59.4615.60-10.401.56

Last Updated: April 10, 2024, 4:18 am

Reliance Capital Ltd Quarterly Chart

Reliance Capital Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6,5777,4487,4678,9009,94117,50718,72520,45318,32719,25119,27219,03722,874
Expenses3,8024,2834,1284,9825,36812,90118,85117,34620,36425,55024,87820,52223,971
Operating Profit2,7753,1653,3393,9184,5734,606-1263,107-2,037-6,299-5,607-1,486-1,097
OPM %42%42%45%44%46%26%-1%15%-11%-33%-29%-8%-5%
Other Income52697774571331582254,9315830281106
Interest2,2552,3482,5082,6482,8283,0844,1124,5413,9942,7682,21833437
Depreciation545661687011694123123105112116110
Profit before tax5188308471,2761,7321,539-4,174-1,332-1,223-9,114-7,908-1,654-1,138
Tax %37%15%19%18%22%19%-9%-9%2%-2%-2%-6%
Net Profit4658748441,1311,2651,248-4,556-1,454-1,199-9,287-8,055-1,759-1,223
EPS in Rs18.6533.0630.4239.6343.5942.99-183.38-59.87-42.54-372.10-321.15-70.38-52.70
Dividend Payout %43%45%36%23%23%24%-6%0%0%0%0%0%

Reliance Capital Ltd Profit & Loss Yearly Chart

Reliance Capital Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:3%
3 Years:8%
TTM:27%
Compounded Profit Growth
10 Years:-11%
5 Years:17%
3 Years:27%
TTM:113%
Stock Price CAGR
10 Years:-31%
5 Years:-29%
3 Years:-22%
1 Year:37%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 2, 2024, 4:26 pm

Reliance Capital Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital246246244253253253253253253253253253253
Reserves11,52211,72512,14713,07113,89015,081760-1,202-2,547-11,791-20,073-12,319-11,745
Borrowings19,59022,51025,57726,13928,03539,26146,35746,16026,90926,88726,83917,65017,604
Other Liabilities3,9876,1077,5607,97724,93428,00635,80938,76240,16249,52856,67160,75665,180
Total Liabilities35,34540,58845,52847,44067,11282,60183,17983,97364,77764,87663,68966,34171,293
Fixed Assets2804344825305,5125,7455,7265,6995,5465,5775,5825,2635,269
CWIP1512333418192015164
Investments14,76015,08716,15715,88125,27934,65233,30032,67234,59439,75544,01448,52451,520
Other Assets20,30425,06228,88831,02736,31842,20144,11945,58424,61819,52414,07812,53814,501
Total Assets35,34540,58845,52847,44067,11282,60183,17983,97364,77764,87663,68966,34171,293

Reliance Capital Ltd Reserves and Borrowings Chart

Reliance Capital Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -2,7672911,471-1,002-225-3,623-6,123-8,35215,8864,0574,0205,249
Cash from Investing Activity 2,433582-2132,1442,992-6,059-5805,1273,156-3,948-3,350-4,899
Cash from Financing Activity -198-419-276-2,011-1,24610,5357,419-377-19,251-23-48-844
Net Cash Flow-532454982-8691,521853716-3,602-20987622-493

Reliance Capital Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days244146142719171422293548
Inventory Days
Days Payable
Cash Conversion Cycle244146142719171422293548
Working Capital Days-53-39-120-19-157-98-548-522-599-722-862-939
ROCE %9%10%9%10%11%9%-0%7%8%-31%-48%-19%

Reliance Capital Ltd Financial Efficiency Indicators Chart

Reliance Capital Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters1.51%1.51%1.51%1.51%1.51%0.89%0.89%0.89%0.89%0.89%0.89%0.89%
FIIs0.44%0.43%0.57%0.85%0.72%0.72%0.40%0.14%0.00%0.00%0.00%0.00%
DIIs3.07%3.07%3.07%3.08%3.07%3.07%3.07%3.07%3.05%3.05%2.99%2.99%
Government0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public94.32%94.34%94.20%93.91%94.04%94.67%94.98%95.25%95.41%95.41%95.47%95.47%
Others0.64%0.64%0.64%0.64%0.64%0.64%0.64%0.64%0.63%0.63%0.63%0.63%
No. of Shareholders7,75,9237,75,7047,83,6227,89,8067,91,5767,88,4777,87,1147,83,4427,73,2767,65,7207,57,3707,48,998

Reliance Capital Ltd Shareholding Pattern Chart

No. of Reliance Capital Ltd Shareholders

This stock is not held by any mutual fund

Reliance Capital Ltd ROCE Trend

Reliance Capital Ltd EPS Trend

Reliance Capital Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-70.07-320.80-369.82-47.79-57.91
Diluted EPS (Rs.)-70.07-320.80-369.82-47.79-57.91
Cash EPS (Rs.)-65.12-300.69-332.73-42.73-59.25
Book Value[Excl.RevalReserv]/Share (Rs.)-443.41-751.23-426.92-66.1329.57
Book Value[Incl.RevalReserv]/Share (Rs.)-443.41-751.23-426.92-66.1329.57
Revenue From Operations / Share (Rs.)751.73761.01760.87724.23808.18
PBDIT / Share (Rs.)-49.15-208.41-217.55-80.51124.19
PBIT / Share (Rs.)-53.72-212.85-221.70-85.38119.33
PBT / Share (Rs.)-65.55-299.32-330.04-48.54-59.29
Net Profit / Share (Rs.)-69.70-305.12-336.88-47.59-64.11
NP After MI And SOA / Share (Rs.)-70.23-320.47-371.70-42.49-59.80
PBDIT Margin (%)-6.53-27.38-28.59-11.1115.36
PBIT Margin (%)-7.14-27.96-29.13-11.7814.76
PBT Margin (%)-8.71-39.33-43.37-6.70-7.33
Net Profit Margin (%)-9.27-40.09-44.27-6.57-7.93
NP After MI And SOA Margin (%)-9.34-42.11-48.85-5.86-7.39
Return on Capital Employeed (%)-2.20-347.85-58.51-11.759.86
Return On Assets (%)-2.68-12.74-14.49-1.65-1.80
Long Term Debt / Equity (X)-1.36-0.92-1.59-7.95-29.10
Total Debt / Equity (X)-1.46-1.35-2.33-11.73-48.64
Asset Turnover Ratio (%)0.290.000.010.020.04
Current Ratio (X)12.810.921.061.251.44
Quick Ratio (X)12.810.921.061.251.44
Dividend Payout Ratio (NP) (%)0.000.000.000.00-22.80
Dividend Payout Ratio (CP) (%)0.000.000.000.00-24.82
Earning Retention Ratio (%)0.000.000.000.00122.80
Cash Earning Retention Ratio (%)0.000.000.000.00124.82
Interest Coverage Ratio (X)-4.16-2.41-2.01-0.510.69
Interest Coverage Ratio (Post Tax) (X)-4.89-2.53-2.11-0.530.64
Enterprise Value (Cr.)17888.3626486.2426866.2326705.6051027.26
EV / Net Operating Revenue (X)0.931.371.401.462.50
EV / EBITDA (X)-14.37-5.02-4.88-13.1116.24
MarketCap / Net Operating Revenue (X)0.010.020.010.010.25
Retention Ratios (%)0.000.000.000.00122.80
Price / BV (X)-0.01-0.02-0.02-0.04-5.44
Price / Net Operating Revenue (X)0.010.020.010.010.25
EarningsYield-8.76-19.25-34.54-9.46-0.29

Reliance Capital Ltd Profitability Ratios (%)

Reliance Capital Ltd Liquidity Ratios

Reliance Capital Ltd Liquidity Ratios (%)

Reliance Capital Ltd Interest Coverage Ratios (%)

Reliance Capital Ltd Valuation Ratios

Fair Value

Fair Value: 90.21

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: 627.49% compared to the current price 12.4

Default values used*: Deafault value of 15% for ROE is used

Intrinsic Value: 55.68

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: 349.05% compared to the current price ₹12.4

Default values used*: Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: -38.27%

*Investments are subject to market risks

Strength and Weakness of Reliance Capital Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -389.83, which is a positive sign.
  2. The company has shown consistent growth in sales (14.54 cr) and profit (167.23 cr) over the years.
  1. The stock has a low average ROCE of -2.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 28.00, which may not be favorable.
  3. The company has higher borrowings (28,424.46) compared to reserves (1,424.54), which may suggest financial risk.

FAQ

What is the latest fair value of Reliance Capital Ltd?

The latest fair value of Reliance Capital Ltd is ₹90.21.

What is the Market Cap of Reliance Capital Ltd?

The Market Cap of Reliance Capital Ltd is 312 Cr..

What is the current Stock Price of Reliance Capital Ltd as on 05 June 2024?

The current stock price of Reliance Capital Ltd as on 05 June 2024 is 12.4.

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

In FY 2024, the High / Low of Reliance Capital Ltd stocks is 16.0/8.36.

What is the Stock P/E of Reliance Capital Ltd?

The Stock P/E of Reliance Capital Ltd is 1.34.

What is the Book Value of Reliance Capital Ltd?

The Book Value of Reliance Capital Ltd is 440.

What is the Dividend Yield of Reliance Capital Ltd?

The Dividend Yield of Reliance Capital Ltd is 0.00 %.

What is the ROCE of Reliance Capital Ltd?

The ROCE of Reliance Capital Ltd is 7.46 %.

What is the ROE of Reliance Capital Ltd?

The ROE of Reliance Capital Ltd is %.

What is the Face Value of Reliance Capital Ltd?

The Face Value of Reliance Capital 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 Reliance Capital 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