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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Satin Creditcare Network Ltd

Basic Stock Data

Last Updated: June 19, 2024, 2:25 pm

Market Cap 2,668 Cr.
Current Price 242
High / Low284/168
Stock P/E6.11
Book Value 217
Dividend Yield0.00 %
ROCE16.6 %
ROE21.8 %
Face Value 10.0
PEG Ratio0.47

Competitors of Satin Creditcare Network Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Naga Dhunseri Group Ltd 251 Cr. 2,5112,899/1,5017.42 8,6610.10 %4.71 %4.29 % 10.0
Adcon Capital Services Ltd 13.8 Cr. 0.702.96/0.6515.4 1.770.00 %3.33 %2.86 % 1.00
Viji Finance Ltd 34.9 Cr. 2.453.30/1.05291 0.860.00 %1.62 %0.99 % 1.00
MAS Financial Services Ltd 5,040 Cr. 307388/24720.1 1090.40 %11.7 %15.2 % 10.0
5Paisa Capital Ltd 1,665 Cr. 534759/33130.6 1730.00 %13.4 %10.8 % 10.0
Industry Average9,241.33 Cr628.6664.321,260.420.35%16.27%25.05%7.59

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Revenue404346325346363345360416429462538596642
Interest163165154155157159145155158185217247252
Expenses186285154144122463138178132156173192217
Financing Profit55-104174785-2777783139121148156173
Financing Margin %14%-30%5%14%23%-80%21%20%32%26%28%26%27%
Other Income2102111001115
Depreciation4444434484666
Profit before tax53-107144682-2807579132118143151171
Tax %29%24%20%26%30%25%23%26%25%25%25%25%25%
Net Profit38-81113457-21057599988107113128
EPS in Rs5.25-11.201.524.667.58-27.957.237.0511.859.9310.7210.2411.61
Gross NPA %
Net NPA %

Last Updated: June 9, 2024, 7:19 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 6:03 am

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue8011,0311,4431,5001,3771,3781,5572,233
Interest436536646589638631617901
Expenses322365471685737700919734
Financing Profit4413032622524722598
Financing Margin %5%13%23%15%0%3%1%27%
Other Income00343328
Depreciation615131815161823
Profit before tax38116316212-10345583
Tax %34%35%36%27%-43%39%8%25%
Net Profit2575201155-14215436
EPS in Rs4.7811.4329.7221.52-1.942.760.5839.46
Dividend Payout %0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)200.00%168.00%-22.89%-109.03%250.00%-76.19%8620.00%
Change in YoY Net Profit Growth (%)0.00%-32.00%-190.89%-86.15%359.03%-326.19%8696.19%

Growth

Compounded Sales Growth
10 Years:%
5 Years:9%
3 Years:17%
TTM:43%
Compounded Profit Growth
10 Years:%
5 Years:17%
3 Years:221%
TTM:9116%
Stock Price CAGR
10 Years:%
5 Years:-4%
3 Years:44%
1 Year:56%
Return on Equity
10 Years:%
5 Years:8%
3 Years:9%
Last Year:22%

Last Updated: May 2, 2024, 11:46 pm

Balance Sheet

Last Updated: June 1, 2024, 11:22 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital37474952667585110
Reserves6008221,0861,3971,4201,4571,5142,291
Preference Capital25000000
Borrowings3,8645,1615,2715,5426,1815,7445,9117,915
Other Liabilities276268336309377380339174
Total Liabilities4,7786,2996,7417,3008,0457,6557,85010,490
Fixed Assets73758194131126129133
CWIP121616344000
Investments21722642461496256
Other Assets4,6726,1366,3806,9267,9097,4817,65910,301
Total Assets4,7786,2996,7417,3008,0457,6557,85010,490

Reserves and Borrowings Chart

Authum Investment & Infrastructure Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -966-1,541611-225-945336-956
Cash from Investing Activity -36-55-18756226-51-73
Cash from Financing Activity 1,3981,39488243734-442390
Net Cash Flow395-2035127315-157-639

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow297.00365.00471.00685.00737.00700.00919.00734.00

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 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %10%20%12%-1%1%0%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters38.21%38.24%38.24%38.26%36.69%36.69%39.97%38.00%39.45%41.70%39.98%36.06%
FIIs7.29%9.38%9.32%8.81%10.53%9.55%8.66%7.67%7.48%6.72%6.93%9.58%
DIIs10.43%8.23%8.24%8.24%7.76%7.59%7.11%6.65%6.36%5.19%3.95%8.27%
Public43.40%43.47%43.53%44.03%44.38%45.54%43.63%47.10%46.14%45.83%48.65%45.66%
Others0.67%0.67%0.67%0.67%0.64%0.64%0.61%0.58%0.57%0.55%0.48%0.44%
No. of Shareholders19,80822,64322,60119,60817,61816,27215,54616,14616,24420,16623,52728,795

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bandhan Small Cap Fund1,083,6570.6726.03325,0982024-06-17233.33%
Bandhan Multi Cap Fund325,0980.437.81325,0982024-06-170%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)44.340.622.96-2.2630.43
Diluted EPS (Rs.)43.270.592.72-2.2630.27
Cash EPS (Rs.)41.672.744.880.1633.36
Book Value[Excl.RevalReserv]/Share (Rs.)218.17192.00212.07223.58280.14
Book Value[Incl.RevalReserv]/Share (Rs.)218.17192.00212.07223.58280.14
Revenue From Operations / Share (Rs.)202.90183.65184.58206.96289.97
PBDIT / Share (Rs.)136.9175.5290.6096.76157.65
PBIT / Share (Rs.)134.8573.3588.4994.49154.26
PBT / Share (Rs.)52.970.614.58-1.4740.92
Net Profit / Share (Rs.)39.620.562.77-2.1029.97
NP After MI And SOA / Share (Rs.)39.620.562.77-2.1029.97
PBDIT Margin (%)67.4741.1249.0846.7554.36
PBIT Margin (%)66.4539.9347.9445.6553.19
PBT Margin (%)26.100.332.48-0.7014.11
Net Profit Margin (%)19.520.301.50-1.0110.33
NP After MI And SOA Margin (%)19.520.301.50-1.0110.33
Return on Networth / Equity (%)18.150.291.30-0.9410.69
Return on Capital Employeed (%)61.1037.7620.2116.7727.46
Return On Assets (%)4.150.060.27-0.172.12
Long Term Debt / Equity (X)0.000.001.051.500.98
Total Debt / Equity (X)3.303.633.634.163.83
Asset Turnover Ratio (%)0.240.230.160.160.20
Current Ratio (X)1.281.221.691.821.62
Quick Ratio (X)1.281.221.691.821.62
Interest Coverage Ratio (X)1.671.041.081.011.39
Interest Coverage Ratio (Post Tax) (X)1.481.011.030.971.26
Enterprise Value (Cr.)8954.175879.744503.154792.463990.28
EV / Net Operating Revenue (X)4.013.783.273.482.66
EV / EBITDA (X)5.949.186.667.454.89
MarketCap / Net Operating Revenue (X)1.030.690.550.410.22
Price / BV (X)0.960.660.480.380.22
Price / Net Operating Revenue (X)1.030.690.550.410.22
EarningsYield0.180.000.02-0.020.46

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 294.82

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: 21.83% compared to the current price 242

Intrinsic Value: 332.83

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: 37.53% compared to the current price ₹242

Last 5 Year EPS CAGR: 12.89%

*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 Satin Creditcare Network Ltd:
    1. Net Profit Margin: 19.52%
      • 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: 61.10% (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%: 18.15% (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): 1.48
      • 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: 1.28
      • 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: 6.11 (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: 3.30
      • 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

Satin Creditcare Network Ltd. is a Public Limited Listed company incorporated on 16/10/1990 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65991DL1990PLC041796 and registration number is 041796. 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. 1261.70 Cr. and Equity Capital is Rs. 74.59 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Microfinance Institutions5th Floor, Kundan Bhawan, Azadpur Commercial Complex, New Delhi Delhi 110033communications@satincreditcare.com
http://www.satincreditcare.com
Management
NamePosition Held
Mr. H P SinghChairman & Managing Director
Mr. Satvinder SinghNon Exe.Non Ind.Director
Mr. Anil Kumar KalraIndependent Director
Mr. Sundeep Kumar MehtaIndependent Director
Mrs. Sangeeta KhoranaIndependent Director
Mr. Goh ColinIndependent Director
Mr. Sanjay Kumar BhatiaIndependent Director

FAQ

What is the latest fair value of Satin Creditcare Network Ltd?

The latest fair value of Satin Creditcare Network Ltd is ₹294.82.

What is the Market Cap of Satin Creditcare Network Ltd?

The Market Cap of Satin Creditcare Network Ltd is 2,668 Cr..

What is the current Stock Price of Satin Creditcare Network Ltd as on 19 June 2024?

The current stock price of Satin Creditcare Network Ltd as on 19 June 2024 is ₹242.

What is the High / Low of Satin Creditcare Network Ltd stocks in FY 2024?

In FY 2024, the High / Low of Satin Creditcare Network Ltd stocks is 284/168.

What is the Stock P/E of Satin Creditcare Network Ltd?

The Stock P/E of Satin Creditcare Network Ltd is 6.11.

What is the Book Value of Satin Creditcare Network Ltd?

The Book Value of Satin Creditcare Network Ltd is 217.

What is the Dividend Yield of Satin Creditcare Network Ltd?

The Dividend Yield of Satin Creditcare Network Ltd is 0.00 %.

What is the ROCE of Satin Creditcare Network Ltd?

The ROCE of Satin Creditcare Network Ltd is 16.6 %.

What is the ROE of Satin Creditcare Network Ltd?

The ROE of Satin Creditcare Network Ltd is 21.8 %.

What is the Face Value of Satin Creditcare Network Ltd?

The Face Value of Satin Creditcare Network 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 Satin Creditcare Network 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