SBFC Finance Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:25 am

Market Cap	9,154 Cr.
Current Price	84.5
High / Low	106/72.2
Stock P/E	30.5
Book Value	27.6
Dividend Yield	0.00 %
ROCE	10.9 %
ROE	10.5 %
Face Value	10.0
PEG Ratio	1.38

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Mufin Green Finance Ltd	1,762 Cr.	108	274/90.4	91.1	16.0	0.00 %	10.6 %	8.27 %	1.00
Mukesh Babu Financial Services Ltd	105 Cr.	151	181/111	19.1	490	0.80 %	3.62 %	2.40 %	10.0
Nalin Lease Finance Ltd	44.0 Cr.	67.0	99.9/37.0	11.0	51.1	0.00 %	17.4 %	13.1 %	10.0
India Cements Capital Ltd	38.0 Cr.	17.5	26.4/13.5	42.7	8.43	0.00 %	3.50 %	8.87 %	10.0
Indergiri Finance Ltd	15.7 Cr.	31.0	71.3/26.8		8.26	0.00 %	7.67 %	14.0 %	10.0
Industry Average	18,820.20 Cr	650.87		38.13	563.11	0.17%	19.97%	10.57%	8.67

All Competitor Stocks of

Quarterly Result

Month	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Revenue	160	176	189	208	230	246	264	279	297	314
Interest	60	62	76	79	89	89	85	88	95	100
Expenses	54	64	63	69	75	83	90	91	94	100
Financing Profit	46	50	51	60	66	74	89	100	109	114
Financing Margin %	29%	28%	27%	29%	29%	30%	34%	36%	37%	36%
Other Income	0	1	5	1	0	0	0	1	0	0
Depreciation	3	3	3	3	3	3	3	4	4	4
Profit before tax	43	48	53	58	63	71	86	97	105	110
Tax %	25%	25%	25%	26%	25%	26%	25%	24%	25%	24%
Net Profit	32	36	39	43	47	53	64	73	79	84
EPS in Rs	0.36	0.40	0.44	0.48	0.51	0.49	0.60	0.68	0.73	0.78
Gross NPA %				2.57%	2.54%	2.37%	2.38%	2.43%	2.60%	2.69%
Net NPA %				1.58%	1.55%	1.33%	1.36%	1.36%	1.51%	1.63%

Last Updated: November 6, 2024, 7:17 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 18, 2024, 3:28 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	177	445	510	529	734	1,019	1,154
Interest	50	244	239	222	278	352	368
Expenses	89	134	149	210	247	338	374
Financing Profit	37	67	123	97	209	329	412
Financing Margin %	21%	15%	24%	18%	28%	32%	36%
Other Income	0	0	1	1	5	1	1
Depreciation	2	8	10	12	13	13	15
Profit before tax	35	59	114	87	201	316	398
Tax %	30%	39%	25%	26%	26%	25%
Net Profit	24	36	85	65	150	237	300
EPS in Rs	0.36	0.46	1.03	0.77	1.67	2.21	2.79
Dividend Payout %	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	50.00%	136.11%	-23.53%	130.77%	58.00%
Change in YoY Net Profit Growth (%)	0.00%	86.11%	-159.64%	154.30%	-72.77%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	42%
3 Years:	26%
TTM:	32%

Compounded Profit Growth
10 Years:	%
5 Years:	58%
3 Years:	41%
TTM:	65%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-5%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	9%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:50 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	676	742	797	807	890	1,072	1,076
Reserves	204	270	408	480	838	1,706	1,892
Borrowings	842	3,056	2,768	2,940	3,739	3,996	4,413
Other Liabilities	71	140	258	288	280	289	152
Total Liabilities	1,793	4,208	4,231	4,515	5,747	7,063	7,533
Fixed Assets	270	294	301	299	296	300	302
CWIP	0	0	0	0	1	2	0
Investments	167	1,879	1,484	848	607	427	281
Other Assets	1,356	2,035	2,446	3,368	4,843	6,334	6,950
Total Assets	1,793	4,208	4,231	4,515	5,747	7,063	7,533

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-368	-383	-275	-822	-1,245	-1,155
Cash from Investing Activity +	146	-1,863	375	652	206	158
Cash from Financing Activity +	395	2,291	-187	183	1,071	1,037
Net Cash Flow	173	45	-87	13	32	40

Free Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-753.00	131.00	147.00	208.00	244.00	335.00

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

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %		4%	8%	5%	10%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	64.05%	63.74%	60.66%	55.19%	55.05%
FIIs	2.74%	2.23%	2.86%	4.72%	4.56%
DIIs	12.42%	11.94%	13.53%	16.24%	16.26%
Public	20.36%	21.88%	22.77%	23.70%	24.01%
Others	0.45%	0.22%	0.17%	0.16%	0.11%
No. of Shareholders	1,19,109	1,29,470	1,35,768	1,38,991	1,63,595

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Small Cap Fund	69,999,999	2.53	629.65	5,263,158	2024-12-18	1230%
ICICI Prudential Banking and Financial Services	5,263,157	0.64	46.95	5,263,158	2024-12-18	-0%
HDFC Banking and Financial Services Fund	5,263,158	1.35	42.61	5,263,158	2024-12-18	0%
Aditya Birla Sun Life Banking And Financial Services Fund	4,508,249	1.31	40.55	5,263,158	2024-12-18	-14.34%
HDFC Banking and Financial Services Fund	3,333,200	0.95	29.98	5,263,158	2024-12-18	-36.67%
SBI Banking & Financial Services Fund	3,033,160	0.55	27.28	5,263,158	2024-12-18	-42.37%
SBI Retirement Benefit Fund - Aggressive Plan	2,728,420	1.15	24.25	5,263,158	2024-12-18	-48.16%
Tata Banking and Financial Services Fund	2,356,376	1.09	21.2	5,263,158	2024-12-18	-55.23%
ICICI Prudential Banking and Financial Services	2,198,242	0.27	19.77	5,263,158	2024-12-18	-58.23%
Franklin India Smaller Companies Fund	1,758,380	0.13	15.82	5,263,158	2024-12-18	-66.59%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22
FaceValue	10.00	10.00	10.00
Basic EPS (Rs.)	2.35	1.71	0.81
Diluted EPS (Rs.)	2.30	1.62	0.79
Cash EPS (Rs.)	2.34	1.83	0.94
Book Value[Excl.RevalReserv]/Share (Rs.)	25.92	19.42	15.95
Book Value[Incl.RevalReserv]/Share (Rs.)	25.92	19.42	15.95
Revenue From Operations / Share (Rs.)	9.50	8.24	6.56
PBDIT / Share (Rs.)	6.34	5.51	3.96
PBIT / Share (Rs.)	6.22	5.37	3.81
PBT / Share (Rs.)	2.95	2.26	1.07
Net Profit / Share (Rs.)	2.21	1.68	0.79
NP After MI And SOA / Share (Rs.)	2.21	1.68	0.79
PBDIT Margin (%)	66.77	66.93	60.31
PBIT Margin (%)	65.45	65.20	58.08
PBT Margin (%)	31.03	27.47	16.38
Net Profit Margin (%)	23.27	20.43	12.19
NP After MI And SOA Margin (%)	23.27	20.43	12.19
Return on Networth / Equity (%)	8.53	8.66	5.01
Return on Capital Employeed (%)	20.90	26.70	22.62
Return On Assets (%)	3.35	2.60	1.42
Long Term Debt / Equity (X)	0.14	0.02	0.03
Total Debt / Equity (X)	1.44	2.16	2.28
Asset Turnover Ratio (%)	0.15	0.14	0.00
Current Ratio (X)	1.74	1.37	1.32
Quick Ratio (X)	1.74	1.37	1.32
Interest Coverage Ratio (X)	1.94	1.77	1.45
Interest Coverage Ratio (Post Tax) (X)	1.68	1.54	1.29
Enterprise Value (Cr.)	12280.37	0.00	0.00
EV / Net Operating Revenue (X)	12.06	0.00	0.00
EV / EBITDA (X)	18.05	0.00	0.00
MarketCap / Net Operating Revenue (X)	8.61	0.00	0.00
Price / BV (X)	3.16	0.00	0.00
Price / Net Operating Revenue (X)	8.61	0.00	0.00
EarningsYield	0.02	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 90.16

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.

As of December 22, 2024, is Undervalued by 6.70% compared to the current share price 84.50

Intrinsic Value of as of December 22, 2024 is: 110.04

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 30.22% compared to the current share price 84.50

Last 5 Year EPS CAGR: 22.05%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

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 :
1. Net Profit Margin: 23.27%
  - 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: 20.9% (Industry Average ROCE: 19.97%)
  - 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%: 8.53% (Industry Average ROE: 10.35%)
  - 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): 1.68
  - 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: 1.74
  - 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: 30.5 (Industry average Stock P/E: 30.59)
  - 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: 1.44
  - 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 - Qualitative Analysis

Non-Banking Financial Company (NBFC)

INDUSTRY	ADDRESS	CONTACT
103, 1st Floor, C&B Square, Mumbai Maharashtra 400059	Mr.	Neeraj%20Swaroop Chairperson%20&%20Independent%20Director

Management
Name	Position Held
Mr. Aseem Dhru	Managing Director & CEO
Mr. Rajesh Mannalal Agrawal	Independent Director
Ms. Surekha Marandi	Independent Director
Mr. Ravi Venkatraman	Independent Director
Mr. Koni Uttam Nayak	Independent Director
Mr. John Mescall	Nominee Director
Mr. Jonathan Tadeusz Tatur	Nominee Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹90.16, which is 6.70% higher than the current market price of ₹84.50. The stock has a market capitalization of 9,154 Cr. and recorded a high/low of 106/72.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,892 Cr and total liabilities of ₹7,533 Cr.

What is the Market Cap of ?

The Market Cap of is 9,154 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 84.5.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 106/72.2.

What is the Stock P/E of ?

The Stock P/E of is 30.5.

What is the Book Value of ?

The Book Value of is 27.6.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 10.9 %.

What is the ROE of ?

The ROE of is 10.5 %.

What is the Face Value of ?

The Face Value of is 10.0.